Yearly archives: 2021

Moonriver Blockchain and 123swap announce that 123swap is unique decentralized, non-custodial cross-chain architecture integrated with Avalanche. In addition, the two market leaders work together to accelerate the development of genuinely decentralized cross-chain apps that will feed the future of DeFi. The innovative, decentralized, non-custodial cross-chain infrastructure of 123swap is combined in this collaboration with Moonriver …

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The American theater chain has announced that customers can spend cryptocurrency on tickets and concessions. Adam Aron, CEO of AMC Entertainment, confirmed this week that his chain of theaters is now accepting cryptocurrency as payment. AMC Will Accept Four Crypto Coins On Nov. 11, Aron revealed that his company now supports four leading cryptocurrencies. “We …

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Bitcoin failed to clear the $60,000 resistance zone against the US Dollar. BTC is moving lower, and it could extend losses towards $55,000 in the near term. Bitcoin struggled to recover above the $60,000 and $60,500 resistance levels. The price is now trading below $58,500 and the 100 hourly simple moving average. There was a …

Continue reading “TA: Bitcoin Starts Fresh Decrease, Why BTC Could Test $55k”

The total value locked (TVL) on Ethereum layer two (L2) networks has surged to a new peak as gas fees continue to steadily rise driving further adoption.  Layer 2 analytics platform L2beat currently reports that the total amount of value locked across various L2 protocols and networks has reached an all-time high of $5.64 billion. …

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Polemos, a play-to-earn (P2E) gaming guild specialized in NFT games, has raised $2 million in a strategic funding round to focus on its open-world role-playing game. Soon-to-be-launched as an open beta in Q1 2022, Illuvium is an open-world RPG adventure game built on the Ethereum blockchain. Players collect creatures called Illuvials that are represented as …

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Quidd, a marketplace for digital collectibles and a subsidiary of Animoca Brands, has raised a total of $5 million in private pre-sales and an initial DEX offering (IDO). The token sale took place on Polkadot project incubator Polkastarter on Nov. 18. The allotment of 2 million QUIDD tokens at a price of US$0.25 per token …

Continue reading “Animoca Brands raises $5M for NFT marketplace, Quidd”

Senator Jane Hume has stated that decentralized finance (DeFi) “presents huge opportunities” for Australia to cement its place as a “front-runner for innovation and economic progress.” Senator Hume spoke at the Australian Financial Review Super & Wealth Summit in Sydney on Monday, Nov. 22. She is the Minister for Women’s Economic Security of Australia, representing …

Continue reading “Australian Senator says DeFi is ‘not going away any time soon’”

At present, your DeFi product needs to be multichain to be competitive — this is the hard (and exciting) truth of 2021. Whether you’re building a wallet, a lending service or a DeFi game, your target audience knows that there is more to the crypto space than Ethereum. And they expect you to provide the …

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Its been a rollercoaster week in the cryptocurrency market after volatility returned to shake up Bitcoin (BTC) price, pushing the digital asset to lows not seen since mid-October.  As has happened frequently in the past, the drop in price of BTC was followed by a rotation into altcoins and the Altseason Indicator from Cointelegraph Markets …

Continue reading “Back to back all-time highs from AVAX, ENJ and EGLD suggest it’s ‘altseason’”

The first rule of Bitcoin (BTC) trading should be “expect the unexpected.” In just the past year alone, there have been five instances of 20% or higher daily gains, as well as five intraday 18% drawdowns. Truth to be told, the volatility of the past 3-months has been relatively modest compared to recent peaks. Bitcoin …

Continue reading “3 reasons why Bitcoin’s drop to $56.5K may have been the local bottom”