BTC, ETH and altcoin prices were crushed this week, but the futures funding rate shows retail traders are not ready to become permabears.
Read MoreBitcoin and Ethereum had a rough week, but derivatives data reveals a silver lining
CRYPTO NEWS
Bitcoin 2022 — Will the real maximalists please stand up?
Apexaverse Launches a Play-to-Earn Metaverse Game on Cardano Blockchain
It’s safe to say that the cryptocurrency industry, with all its different niches, has far surpassed Satoshi Nakamoto’s grand idea from over a decade ago. The past few years have been exceptionally turbulent with the emergence of decentralized finance, non-fungible tokens, play-to-earn games, and the recent trend – the Metaverse. By being able to utilize the transparent and permissionless nature of blockchain technology, many projects popped up trying to take a market share of these promising industries that many predicted will reach hundreds of billions of dollars in the next…
Read MoreVEF Token Now Available In BitsXT, Brise, and Sphynx Exchanges
May 10, 2022 – The Vefi community can buy and trade the VEF token on the BitsXT exchange. This adds another possibility of buying a blockchain-first platform token built to provide multiple use cases of the blockchain while keeping in mind the future applications of the technology. Recently, the Vefi token was also launched on Brise and Sphynx exchange, Brisezilla swaps, coinmarketcap and coingecko enabling users to buy the token from these platforms. The Vefi ecosystem has unique and high features CEX, Blockchain (smart contracts), decentralized exchanges, Vefi wallet, Nft marketplace (Nft…
Read MoreVeteran Investor Mark Mobius Expects Bitcoin to Fall Further — Cautions Crypto Traders Against Buying the Dip
Veteran investor Mark Mobius, the founder of Mobius Capital, has cautioned cryptocurrency traders against using the “buy the dip strategy.” He expects the price of bitcoin to plunge further with some temporary relief happening at $20K. Mark Mobius’ Warning and His Bitcoin Price Prediction The founder of Mobius Capital Partners, Mark Mobius, warned crypto traders about buying the dip in an interview with Financial News Friday. He also shared his price prediction and future outlook for bitcoin. Prior to starting his own company, Mobius was executive chairman of Templeton Emerging…
Read MoreLeague of Kingdoms Bootstraps Play-to-Earn Ecosystem Following Enormous Growth
Tortola, British Virgin Islands, 12th May, 2022, Chainwire League of Kingdoms, an MMO blockchain game launched in 2020, is beginning its plan to implement an engaging play-to-earn mechanic for its gamers, in an effort to bootstrap the in-game economy of the popular game. With over 150,000 daily active users and over 800,000 monthly active users, League of Kingdoms Arena, the flagship game for the League of Kingdoms metaverse, is continuing rapid and organic growth. The game attracts a wide global audience, including players from developed countries such as the US,…
Read MoreLeague of Kingdoms Bootstraps Play-to-Earn Ecosystem Following Enormous Growth
Tortola, British Virgin Islands, 12th May, 2022, Chainwire League of Kingdoms, an MMO blockchain game launched in 2020, is beginning its plan to implement an engaging play-to-earn mechanic for its gamers, in an effort to bootstrap the in-game economy of the popular game. With over 150,000 daily active users and over 800,000 monthly active users, League of Kingdoms Arena, the flagship game for the League of Kingdoms metaverse, is continuing rapid and organic growth. The game attracts a wide global audience, including players from developed countries such as the US,…
Read MoreAurora Initiates $90m Fund to Boost DeFi Development on the Near Protocol
Summary: Aurora has launched a token fund worth $90 million geared towards financing DeFi-based applications on the Near Protocol The fund also is geared toward attracting developers to Aurora and the Near Protocol Aurora is an Ethereum Virtual Machine created by the team at NEAR Protocol Aurora has launched a $90 million token fund geared towards accelerating the development of DeFi applications on the Near Protocol. The fund was initiated today by Aurora, alongside Proximity Labs and the DeFi Arm of the Near Protocol. To note is that the team…
Read MoreOpenSea Integrates New Features to Improve NFT Authenticity
After numerous complaints from artists and creators, the NFT giant OpenSea finally came up with a solution. On Wednesday, OpenSea announced the integration of new features in its considerable efforts to boost authenticity of NFT collectibles on the platform. As part of the strategy, the NFT leading marketplace will focus on two areas. OpenSea to Protect NFT Community OpenSea is looking for ways to shore up security on its platform. First, OpenSea is adding more layers of verification and a verified badge for an account. Second, it is implementing an…
Read MoreThe Value of El Salvador’s Bitcoin Holdings Drops by $40B Due to the Ongoing Crypto Market Pullback
Summary: El Salvador’s Bitcoin holdings have lost value by roughly $40 million This amount is almost equal to El Salvador’s next coupon payment on its debt for the month of June, worth $38.5 million However, President Bukele has an 85% approval rating President Bukele also shared plans for the country’s Bitcoin City El Salvador’s Bitcoin holdings have been hard hit by the ongoing crypto market pullback that has seen Bitcoin lose several support zones in one week, from $38k to the local low of $26,700 set yesterday, May 12th. According…
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