Browsing: NFT

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Dinari, a blockchain buying and trading platform based in California, just announced a $7.5 million preliminary investment round, according to a Bloomberg story. The company claims that its regulatory-compliant platform would enable clients outside the United States to purchase shares of well-known U.S. firms and exchange-traded funds. Notably, the company indicated that the cash acquired would be used to expand its blockchain-powered dShare Platform outside of the United States and to expand its offering. Customers outside the United States can gain access to publicly traded business equity securities using its platform in a secure and transparent manner. Dinari claims that…

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According to a Twitter post published by cryptocurrency researcher Ali Charts, the largest altcoin, Ethereum (ETH), may be seeing a significant price fall soon. In the post, he forecasted that if the price of ETH falls below $1,600-$1,550, it will have a 37%-45% correction, causing the price of ETH to fall under $1,000. In the short term, ETH was insulated from the severe decline because its price was above the $1,600 mark. According to CoinMarketCap, the value of ETH increased by 0.49% in the recent 24 hours. As a result, ETH was trading at around $1,671.61 at press time, which…

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A 15-member delegation has 42 days to investigate Worldcoin’s operations and report back to the National Assembly. According to BlockBeats, National Assembly Speaker Moses Wetangula has formed a joint ad hoc committee to investigate the cryptocurrency corporation Worldcoin. The 15-member team is led by Narok West MP Gabriel Tongoyo and includes representatives from the departmental committees on Administration and Internal Security, Communication and Innovation, and Tourism and Wildlife. The committee has 42 days to finish its inquiry and report to the House. After meeting with MPs to discuss the suspension of Worldcoin’s operations, Interior Cabinet Secretary Kindiki Kithure and his…

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Friend.tech, a Twitter-linked crypto service based on the Coinbase-incubated Ethereum layer-2 Base network, has seen its activity skyrocket since August 11, according to Decrypt. The software allows users to purchase and trade “shares” of their favorite social media personalities, and its popularity has considerably increased activity on the Base blockchain. On August 20, daily transactions on the Base network peaked at over 900,000, nearly doubling those of the major L2 networks, Arbitrum and Optimism. Friend. tech’s revenue and fees have outperformed industry giants such as Uniswap, MakerDAO, and even layer-1 blockchains such as Bitcoin and Tron. The success of Friend.tech…

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Vitalik Buterin, the CEO of the world’s second-largest blockchain, just placed 600 ETH into the cryptocurrency exchange Coinbase. Buterin’s $1 million transfer occurred amid a crypto market sell-off that caused ETH’s value to fall by about 10% in the previous week. The crypto community raised concerns since such transactions are likely to result in a reduction in the value of Ether. According to data from the Ethereum blockchain scanner Etherscan, a crypto transaction associated with Buterin sent 600 ETH to Coinbase earlier today. The million-dollar transaction by the Ethereum founder comes only days after the broader crypto market experienced a…

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According to CoinMarketCap, the combined market capitalization of Layer-2 cryptocurrencies increased by 0.4%. As a result, the total stood at $10,264,024,366 at the time of publication. Furthermore, the total purchasing and selling volume in this sector had increased 1.54% in the preceding 24 hours. Arbitrum (ARB) and Optimism (OP) were the main costs in the Layer-2 class. At press time, these two altcoins had the highest 24-hour gainers in the top 5 list. Arbitrum  CoinMarketCap reported that ARB, the third largest Layer-2 cryptocurrency, was changing hands at $1.03 after gaining 0.66% the previous day of trading. Despite the positive daily…

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The value of Bitcoin (BTC) has dropped by 11.2% to around US$26k, catching most crypto buyers off guard. Last week was the worst week for Bitcoin (BTC) since the liquidation of FTX in November 2022. The market crisis has not only hit BTC, as the rest of the asset class has not fared any better. To name a few of the most valuable cryptocurrencies by market capitalization, Ethereum (ETH) declined by approximately 9.5% to $1.7K and Binance Coin (BNB) plummeted by approximately 9.8% to $217. While several of the top cryptocurrencies had a value drop, popular prediction markets tokens including…

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Invoice Morgan, a lawyer and digital asset enthusiast, believes that more people desire to buy XRP. According to Morgan, numbers show that only 221 accounts, which potentially represent less than 221 distinct consumers, now hold almost 30% of the total XRP circulating supply. He mentioned this in reaction to an XRP value conduct evaluation provided on Twitter by an XRP YouTuber known as Moon Lambo. Lambo examined the value movement of XRP in respect to Bitcoin and stated that human behaviour has an impact on it. He disagrees with people who attribute any significant dip in the XRP price to…

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Cardano founder Charles Hoskinson published an eye-catching ballot on X (formerly Twitter) posted by Cardano group member “Darren.” The poll asked the participants if they wanted Cardano creator Charles Hoskinson to be present at the Joe Rogan Experience. The Joe Rogan Experience (JRE) podcast features lengthy discussions moderated by podcast host Joe Rogan with guests including authors, comedians, actors, musicians, MMA fighters, and more. A total of 82.2% of respondents chose the option “Sure, please,” while 17.8% voted negatively by selecting the option “No thanks.” Cardano’s founder, who is mentioned in the JRE podcast, sparked speculation after he was briefly…

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Following the surprise victory of crypto-friendly Javier Milei in Argentina’s presidential election, Bitcoin has become the country’s most valuable currency. Bitcoin has stayed consistent, reaching an all-time high of 10.2 million YARs yesterday, according to CoinGecko data, as the peso plummeted. That figure has recently been reduced to $10.1 million. The record level comes as the country experiences among the world’s highest inflation, and the peso is rapidly losing value. Nonetheless, digital properties are well-liked in the country, with Argentina ranking tenth internationally in cryptocurrency usage final year, according to Chainalysis. Argentina’s presidential candidate, Javier Milei, has previously been described…

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Yuga Labs, a non-fungible token issuer, announced on August 18 that it will cease support for components of OpenSea’s purchasing and selling platform. Yuga Labs responded to OpenSea’s announcement on August 17 that it will migrate to optionally available creator charges. This transition will result in the discontinuation of OpenSea’s Operator Filter, which enabled NFT authors to implement creator charges and royalties by preventing transactions from events detected as failing to respect these costs. OpenSea announced that the filter will be shut off on August 31, however, non-Ethereum collections and collections that activated the feature before to August 31 will…

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Certain events in cryptocurrency cause significant waves, sparking renewed interest and speculative ardour. The focus right now is on two things: the optimistic value trajectory of Maker’s native token, MKR, and the magnetic draw of Borroe’s ongoing presale. Each represents a turning point in their respective spheres. Let’s analyse these crypto chapters and see what they have in store for both lovers and buyers. Borroe’s Presale: A Paradigm Shift Given the rapid expansion of Web3 enterprises, the decision to pursue a flexible funding option has been resoundingly evident. Borroe’s breakthrough solution is a solution that combines traditional financial avenues with…

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According to a tweet provided by the whale tracking network Whale Alerts, a large amount of Dogecoin (DOGE) was transferred from a cryptocurrency exchange to unknown pockets. The platform stated in the post that 253,419,377 DOGE, worth more than $16 million, was transferred from Robinhood to an unknown pocket earlier today. The reaction to the Twitter post has been mostly positive, with many commenters suggesting it might be a bullish indicator for DOGE and that the value of the main meme coin could skyrocket. This could be because DOGE was one of the few tokens that saw its value grow…

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Former SEC Workplace of Web Enforcement Chief John Reed Stark recently tweeted a series of concerning discoveries that peel back the beautiful façade of the bitcoin market. His words serve as a sharp reminder of the dangers that traders should be aware of when entering the world of digital currency. Faced with a Difficult Situation Actuality Stark cites a new study as “extra compelling proof” that the cryptocurrency market is not just rigged but also riddled with fraudulent practices. Market manipulation is not only accepted but often encouraged. Cases of Twitter bots artificially raising cryptocurrency costs, insider trading scandals shaking…

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Following the retest of the double prime collapse, XLM prices had a sharp decline, as expected in our earlier worth assessment. The decline from the $0.14 resistance level retest results in a significant decrease in the Stellar coin value. As a result of several consecutive bearish candles, the XLM value falls by 20% to reach the 200-day EMA. The retest section ignites the exceptional collapse, which coincides with the general market downturn. After breaking beneath the 50-day EMA and the 50% Fibonacci level, the XLM price shattered a number of support levels to test the 200-day EMA. XLM value units…

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The Metaverse Foreign Exchange Group (MTFE), one of the largest Ponzi Schemes, has shut down, with unsuspecting investors losing over a billion dollars to the promoters. According to investigations, MTFE Group is not only an unregistered forex broker but also a Ponzi Scheme that entices existing victims to recruit new ones by giving unrealistic bonuses. Although it claims to provide financial services, its “trading application” has nothing to do with real financial trading, according to persons acquainted with the company. “As of now, MTFE has shut down all withdrawals claiming Concerns with KYC System, and investors are in panic,” the…

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Bitcoin, the most prominent cryptocurrency, closed beneath its 200-day moving average (MA), a key development line in determining the asset’s long-term future. According to market observer Joe Carlasare, this transfer has historically signaled further drops, with Bitcoin averaging a further 20% drop since 2016. According to CoinGecko data, Bitcoin is currently trading at $26,015.30 after falling to an intraday low of $25,643 at the time of writing. A convergence of events Many people first blamed the recent drop on a false social media post by Bitcoin Journal. The post, which quickly gained over 2.4 million views, claimed that Elon Musk’s…

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ADA

Cardano (ADA) recently demonstrated astounding resilience. Regardless of the overall market’s swings, ADA has displayed some of the strongest recovery currently seen in the crypto space. Cardano is currently trading at around $0.2625, according to the most recent information. This value level, while still low, shows a significant rebound, especially when considering the Cardano community’s current troubles. The restoration is especially shocking given the community’s current liquidity concerns and lacklustre Total Worth Locked (TVL) effectiveness. According to current information, Cardano’s TVL is approximately $3.83 billion, which, while significant, has lagged behind a handful of its peers. The 200 Exponential Moving…

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In an Aug. 17 meeting, Ethereum developers discussed progress on a new testnet called ‘Holesky,’ which is set to deploy on Sept. 15. Parithosh Jayanthi, DevOps at the Ethereum Foundation, stated that developers tested 1.4 million validators on the Holesky testnet and were able to finalise the community. Jayanthi remarked that it is now very beneficial as the testnet’s starting dimension. Jayanthi also asked developers how many testnet tokens should be sent to Holesky. Because large offers had previously been permitted on testnets, Ethereum developers decided to put 1.6 billion Holesky ETH into circulation. Although it was briefly considered, developers…

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Mastercard has developed the CBDC Companion Programme in order to bring together Central Banks and crypto initiatives from all around the world. The idea is to learn from one another and help accelerate the emergence and adoption of digital tokens. Michael Miebach, Mastercard’s Chief Government Officer, confirmed the facts. Mastercard will now aid Central Banks in undertaking studies to ensure a thorough understanding of the technology. It will also allow them to maintain client privacy and transparency. Whereas stability is frequently overlooked as a component of CBDC, Mastercard will ensure that every associate involved in the goal focuses on it…

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