Author: hotcrypto
Looking at the past seven days of winners and losers might give one the impression that cryptocurrency markets are net positive. Still, total market capitalization actually fell by 6.7% to $2.72 trillion as Bitcoin’s (BTC) price retraced 8.3% to $58,425.Top winners and losers from the sector’s top 80 coins. Source: NomicsThe only connection between this week’s top gainers seems to be the metaverse and gaming sector, which has been on a bull run since Facebook rebranded to Meta on Oct. 28, signaling its new focus on that segment. Further bullish news backing the current surge in metaverse-related tokens is the…
You’ve heard friends brag about their cryptocurrency winnings. You’ve seen prices go up (and down) by hundreds of percent. You’re genuinely interested in the crypto space. No matter what your reason is, if you’re thinking about getting into crypto, the first thing you have to do is buy some. And the easiest way to do that is through an app…but how do you choose the right one?Before we reveal our choice for the best app for buying crypto (and a runner up), here’s a couple of things you need to know. First, we’ve only considered apps that actually allow you…
Crypter Network, a Facebook-like platform combining decentralized finance (DeFi) and social media, is ready to launch its Engage-to-Earn reward system. The project allows users to earn simply by engaging with their friends and the larger community on the social network. Crypter users will get rewards for posting, liking, sharing, or commenting on content from their profile. Also, they can show off their NFTs, discuss trading tactics, and interact with crypto influencers, thought leaders, and newbie/veteran traders. Crypter only keeps track of clicks/impressions and monitors or harvests personal user data. The platform seeks to bring DeFi and crypto communities together by…
Contending blockchains will not outperform Ethereum, and Ethereum can play a vital role in times to come, expressed Joey Krug. Joey Krug – Chief Investment Officer for Pantera Capital informs that the second-largest crypto worldwide will continue dominating its competitors. Ethereum shows a decline on daily chart | Source: ETHUSD on TradingView.comHowever, he projects that the token could soon be behind over 50% of worldwide financial transactions in the next ten years. This is regardless of the growing competitors against Vitalik Buterin’s project. Pantera Capital CIO Comments On Ethereum In his interview with Bloomberg, Joey Krug responded about Ethereum blockchain.…
Lindsay Lohan will issue “experiential nonfungible tokens” on the Superfandom platform. The Hollywood star will also act as an advisor to the platform to help it attract more artists and entertainment figures.”Experiential NFTs” give fans the opportunity to interact with their favorite entertainers in real life by meeting them virtually or in person. In the case of celebrity chefs for example, they could even cook a meal for a fan.Other stars offering NFTs on the platform include Home Improvement star Richard Karn, movie stars Jake Busey (Starship Troopers) and Riya Sen (30 Minutes), and Hunava Mere singer Jubin Nautiyal. Superfandom is…
The Iota Foundation has announced the upcoming launch of a staging network, Shimmer, in a bid to advance through the Iota roadmap toward fully functional decentralization.The layer-one network will act as an innovation testbed for developers and builders in the community seeking to evaluate decentralized finance (DeFi) and nonfungible token (NFT) applications. This sandbox model allows applications to establish efficiency and compatibility prior to launching on the Iota mainnet, ensuring smooth deployment.The first major network upgrades hosted on the Shimmer network are a programmable multi-asset ledger, smart contracts, full decentralization and sharding.The Iota Foundation is an open-source, not-for-profit entity —…
January 19, 2022 11:46 AM Mallika Mitra Posted: January 19, 2022 11:46 AM Updated: January 19, 2022 10:07 PM Twitter is powerful tool for moving cryptocurrency prices. At least, it is if you’re Elon Musk. Dogecoin‘s price jumped more than 10% at one point last Friday after the Tesla CEO tweeted that Tesla merchandise can now be bought with the meme coin. This wasn’t the first time Musk’s words have moved Dogecoin’s price. His comment on Twitter in July that a Dogecoin update could give it an edge over popular cryptocurrencies Bitcoin and Ether, and Musk’s post of a meme…
InvestorsObserver analysis gives Axis DeFi a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is giving Axis DeFi a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Axis DeFi! Trading Analysis AXIS’s risk gauge score…
America’s media, central bankers, and bureaucrats continue to debate the rising inflation in the U.S. that has raised the cost of living and increased the prices of goods and services nationwide. Senator Rand Paul, R-Ky., believes the inflation is “only going to get worse” and he published a report on the issue and blamed excessive coronavirus relief spending by Congress. Furthermore, a new decentralized method of measuring inflation has been introduced called Truflation, a tool that provides a “daily, unbiased, data-driven, real-market inflation rate.” Rand Paul’s Inflation Report Uncovers the ‘Hidden Tax,’ Report Blames Excessive Coronavirus Relief Spending The price…
Bitcoin, ethereum and cryptocurrency prices are struggling after a terrible start to 2022 (even as the non-fungible token (NFT) craze rolls on). Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The bitcoin price has lost 40% from its value since its November peak while ethereum and its biggest rivals solana and cardano have better held onto earlier gains, driving down bitcoin’s dominance of the combined crypto market. Today, bitcoin makes up just 40% of the $2 trillion crypto market, down from over 60% 12 months ago. Now, Wall…