A popular crypto strategist says that he sees blue skies in the short term for a trio of altcoins including smart contract protocol Solana (SOL) and virtual reality platform Decentraland (MANA). Pseudonymous analyst Cantering Clark tells his 141,400 Twitter followers that he’s bullish on Ethereum (ETH) competitor Solana, which he says has recently broken its …
Monthly archives: August 2022
Top Crypto Strategist Predicts ‘Turbo’ Rallies for Solana (SOL), Cardano (ADA) and Polygon (MATIC)
A widely followed crypto strategist is predicting strong rallies for two Ethereum (ETH) rivals and one additional altcoin. The pseudonymous analyst known as Pentoshi tells his 590,600 Twitter followers that smart contract platform Solana (SOL) is one resistance away from igniting a nearly 40% surge from current prices. “Think SOL has fresh air above here. …
$200M BitGet BTC-USDT protection fund hints at investor-centric trend
With the ultimate goal to regain investor confidence amid a prolonged bear market, crypto derivatives exchange Bitget launched a $200 million fund to safeguard users’ assets. Bitget joins the growing list of crypto companies, such as Binance, that have taken an investor-centric approach to gain investors’ trust via protection funds. The Bitget Protection Fund comprises …
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Country-specific crypto markets a bad idea, CZ says after gov’t talks
Binance CEO Changpeng “CZ” Zhao has highlighted the shortcomings of segregated cryptocurrency markets after recent talks with governments from different countries. The global cryptocurrency exchange’s CEO has become increasingly involved in policy discussions with various governments as Binance continues its global expansion. Binance most recently obtained a license to operate in Spain, Italy and Dubai …
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Best monthly gains since October 2021 — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week and a new month on a cautiously positive footing after protecting crucial levels. After an intense July in which macro factors provided significant volatility, BTC price action managed to provide both a weekly and monthly candle favoring the bulls. The road to some form of recovery continues, and at …
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Bitcoin miner capitulation due to end amid 1st difficulty increase since June
Bitcoin (BTC) miners have been capitulating for almost two months, but an end to the squeeze could already be here. That was the conclusion from Blockchain infrastructure and cryptocurrency mining firm Blockware as it published its latest Intelligence Newsletter on July 29. Report: “Expect” capitulation to be done by September The most recent edition of …
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Diamonds And NFTs: Tiffany And Co.All Set To Sell Cryptopunks NFT Inspired Pendants
Tiffany and Co is spearheading a venture dubbed NFTiffs, enabling Cryptopunk NFT holders to turn their NFTs into a custom pendant The jewelry makers will issue 250 passes at 30 ETH, enabling these holders to get their Cryptopunks NFTs customized into bejeweled pendants. NFTs have taken the world by storm and have become one of …
Aave DAO Approves Overcollateralized Stablecoin GHO
The Aave community has approved the GHO stablecoin. GHO is an overcollateralized stablecoin that allows users to earn interest on the collateral used to mint the stablecoin. The GHO stablecoin would make borrowing on Aave more competitive. The Aave DAO has approved a new stablecoin that the platform is looking to launch. Nearly 100% of …
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Battle Infinity Presale is rapidly closing its Presale target – about to reach 50%
The Battle Infinity presale has been a hit. The blockchain gaming platform is rapidly closing in on its presales target. The Gaming Crypto that’s here to change the ecosystem Gaming has always been one of the greatest use cases of blockchain. Platforms like Decentraland and Sandbox understood it outright, leading them to become the most …
Top 7 Crypto Gainers this Week
Many cryptocurrencies have made marginal to massive gains as the crypto market is slowly moving to stabilize. These contain metaverse, utility, DeFi, and NFT crypto assets that have experienced profit because of their well-established use cases. This article takes a look at those top 7 crypto gainers this week. Lucky Block (LBLOCK): Leading the Crypto …
Honduras attracts crypto investor tourists with Bitcoin Valley
A small tourist town in Honduras has begun accepting Bitcoin payments as part of the “Bitcoin Valley” initiative designed to increase tourism revenue across 60 local businesses. Some locals of Santa Lucia, like shopping mall owner Cesar Andino, expect the initiative to open up more opportunities for shops in the area and “attract more people …
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GameFi and Metaverse least affected by Terra debacle: Report
Blockchain gaming and the Metaverse have managed to “sidestep” the “Lehman brothers-like” collapse of Terra in May — though decentralized finance (DeFi) and nonfungible tokens (NFTs) haven’t been so lucky, a report says. In a July 29 report from decentralized application data aggregator DappRadar, the collapse of Terra in May was similar in scale to …
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Blockchain security firm warns of new MetaMask phishing campaign
A cybersecurity firm has issued warnings over a new phishing campaign targeting users of the popular crypto wallet MetaMask. In a July 28 post written by Halborn’s technical education specialist Luis Lubeck, the active phishing campaign used emails to target MetaMask users and trick them into giving out their passphrase. The firm analyzed scam emails …
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Tiffany & Co turning CryptoPunk NFTs into $50K custom pendants
Luxury jewelry brand Tiffany & Co has announced the sale of 250 diamond and gemstone encrusted pendants for CryptoPunk non-fungible token (NFT) holders. The handcrafted CryptoPunk pendants were announced by the jewelry brand on July 31 on Twitter, and are priced at 30 ETH, equivalent to $50,600 each at the time of writing. We’re taking …
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Web3 Foundation passes 400 project grants on Polkadot
Web3 Foundation, the organization responsible for doling out grants on Polkadot, has passed the milestone of 400 approved projects. Since launching in December 2018, Web3 Foundation (W3F) has received hundreds of applications from projects looking to build in the Polkadot ecosystem — the foundation approved roughly 40% of these submissions. Web3 Foundation’s remit isn’t limited …
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