› NFTs From in-game tokens (similar to those coins collected by Mario in Super Mario Bros) to in-game assets (think swords, armor, other accessories), everything a player earns within a play-to-earn game is able to be taken off-platform and into a marketplace. Sponsored · January 11, 2022 at 12:56 pm UTC · 5 min read …
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Growth in the crypto market slowed in December, with DeFi‘s TVL falling to $270.69 billion, down 5.23% MoM, and failing to exceed $300 billion. BTC and ETH had a flash crash and NFT trading market growth returned to a modest positive. Next, we take a closer look at the overall crypto market in December with …
As crypto-assets grew immensely in value last year, the growth of the stablecoin economy swelled as well and today, there’s $170.24 billion worth of stablecoins in circulation. Data indicates that over the last 12 months, a slew of stablecoin valuations grew exponentially. 12-Month Stats Show Stablecoin Market Valuations Saw Massive Growth Last year, numerous crypto …
Digital currencies had a phenomenal year, and a great deal of the crypto assets in existence reached all-time high (ATH) prices against the world’s fiat currencies. However, the same digital currencies that tapped ATHs last year are currently down a great deal in value, as numerous cryptocurrencies have lost 30% or more since 2021’s price …
press release PRESS RELEASE. Tortola, BVI, 10 Jan 2022: Anyone who has been paying attention to the world of NFTs (non-fungible tokens) will know that people love investing in cartoon-themed initiatives. Whether it be the immensely popular canine-oriented cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB), or perhaps even well-known NFT collections like The Bored …
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Fintechs account for nearly two-thirds of the $4.9 billion that was raised by African technology firms during the past year. Fintech groups also dominate in terms of funding that exceeds $50 million, with a 40% share of the total number of tech firms. The Covid-19 Factor Out of the $4.9 billion in funding that was …
Popular crypto trader Benjamin Cowen doesn’t think Bitcoin (BTC) is likely to escape its price doldrums any time soon. The analyst tells his 687,000 YouTube subscribers that Bitcoin has fallen far short of its bull market support band, a market indicator derived from the 20-week simple moving average (SMA) and the 21-week exponential moving average …
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Binance Labs, the venture capital (VC) arm of the Binance cryptocurrency exchange, announced Tuesday that it will contribute to Oasis Foundation’s $200 million ecosystem development fund, sending a strong signal that major investors were still keen to back emerging projects on alternative blockchain networks. With the investment, Binance Labs joins other prominent VC firms in …
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Sam Bankman-Fried, the founder and CEO of crypto exchange FTX, reportedly called out regulators to create a single framework for digital assets in the Asian Financial Forum, an event organized by Hong Kong’s government to highlight new opportunities within the region’s economic landscape. The businessman pointed out that instead of focusing on determining whether assets are …
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It seems as though the potential benefits of cryptocurrency are often overshadowed by the technology’s inherent vulnerability to exploitation. And it’s true, crypto adoption does come with risks. Over the past year, governments from around the world have raised concerns that crypto could be used to finance terrorism or other illicit activity like money laundering. …
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Crypto tax compliance firm TaxBit is working to unite major industry companies like Coinbase and Binance.US within one network to enable free 2021 tax forms for users. The crypto tax software provider on Tuesday launched the TaxBit Network, a certified network aiming to democratize crypto tax calculations and tax forms by providing necessary tax reporting …
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Without any questions asked, we are sure of agreeing to the cryptocurrency’s impact and that it is here to stay for a long and fruitful run However, having said that, most crypto users, and even otherwise, have their own understanding and opinion on the viability of these digital currencies in terms of an investment or …
With Non-Fungible Tokens becoming the ‘hot favorite’ candy for investors, NFT marketplaces like OpenSea have recorded some path-breaking successes in their ecosystems. In the latest development, the renowned NFT trading platform, OpenSea is all set to cross the mark of $6 billion in trading volume in January 2022 if the growth trend continues to boost …
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Hailing as one of the most reputed news platforms from the United States, the Associated Press has announced to launch a dedicated marketplace for Non-Fungible Tokens. With this NFT platform, the organization will give a golden chance to people to purchase tokenized photographs from the news portal and enjoy a secured NFT experience. The company …
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In recent times, we have seen many incidents where renowned personalities from multiple fields have shown interest in receiving their salary in crypto. The latest addition to this list is Andre Iguodala, the three-time NBA champion and basketball player for the Golden State Warriors. The star player revealed on Twitter that he would take a …
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