Author: hotcrypto

With cryptocurrency prices wavering this year, nonfungible tokens (NFTs) and other sub-ecosystem investors have also found themselves in the grips of a bear market.However, looking beyond the trading value of Ether (ETH), NFTs were primarily created to represent assets and ownership in the real and virtual world. The bear market, as a result, has reignited discussions around how NFTs can backtrack and focus on attending to use cases while the market recovers.In a conversation with Cointelegraph, Tony Ling, the co-founder of analytics platform NFTGo, shared insights into the NFT ecosystem, revealing the expected trajectory of the ecosystem. Cointelegraph: NFTs’ rise…

Crypto is notoriously unforgiving and forces investors to think and act quickly. Many are drawn to it for exactly that reason, and it has become a playground for the world’s brightest minds. But being open and decentralised, investors can see the movements of other more experienced traders on-chain in real-time.A new ICO, Uniglo (GLO), is being aggressively targeted by whales and will reach total allocation soon. Investors must act quickly before Uniglo sells out. The buzz surrounding the presale resembles the Eos (EOS) and IOTA (MIOTA) ICOs, which both sold out and launched superbly.  Uniglo (GLO)Uniglo is an Ethereum-based social…

Cryptocurrency creators are on the lookout for viral moments to make a quick buck.They found it when Will Smith slapped Chris Rock at the Oscars, creating a Will Smith digital currency. And again, when the Netflix show “Squid Game” gained global fame, minting the Squid Game coin.Now it’s Queen Elizabeth’s turn.In the days following the queen’s passing, more than 40 types of meme coins were minted, industry data and media reports show. These virtual forms of currency are often created by anonymous people with access to coin-creating websites — and an idea for a clever name. And they are notorious…

The Merge may be complete, but the battle for legally defining Ethereum 2.0 is just beginning.Hours after Ethereum completed its historic transition to Proof of Stake technology, a top U.S. regulator said cryptocurrencies that use this approach should probably be defined as securities. Onerous at BestThis is no small matter. If authorities deem Ethereum and its ilk securities or investment contracts like stocks and bonds the decision would activate a slew of obligations, including registering cryptocurrencies with the U.S. Securities and Exchange Commission. Fearful this move would be onerous at best and fatal at worst, the crypto industry has steadfastly fought the…

Price fluctuations are a daily occurrence in the crypto markets now. Since the fight against inflation began, the overall financial markets have tanked. Nowadays, asset prices swing without warning, and the continuing crypto winter only heightened the volatility.  The recent event expected to boost market recovery has been completed. Ethereum is now operating on a proof-of-stake mechanism as planned. But after the successful launch, crypto asset prices dipped, and losses spilled over to the next 24 hours.  Related Reading: Valkyrie Crypto Trusts Gather Nearly $74 Million In Funding Amid Bear Market Currently, almost all the assets are red in price…

This week’s guest on the Cardano NFT Column is a completely voluntary charity fundraising campaign to support the 33 million+ victims of the devastating floods ravaging Pakistan: Cardano For Pakistan. Last week’s guest was an event-based project focused on puzzles, cryptography and internet sleuthing. This initiative is a point of reference for NFTs on Cardano and every week or two we will invite someone to answer some questions and give us an update directly from within the Cardano community. Considering that many of our readers are new to the crypto space, we will have a mix of simple and technical…

BigCommerce (Nasdaq: BIGC), an open SaaS e-commerce platform for fast-growing and established B2C and B2B brands, has announced a strategic partnership with cryptocurrency organisations, BitPay and CoinPayments to easily and securely deliver cryptocurrency payment solutions to BigCommerce Enterprise merchants in select countries.By expanding its crypto ecosystem, BigCommerce opens up opportunities for its merchants to offer more payment options, broaden market share, tap into a new customer base and accelerate international growth through innovation.“Expanding our crypto ecosystem to include trusted best-of-breed partners is just one step towards driving innovation and growth for our merchants,” said Marc Ostryniec, chief sales officer at BigCommerce.…

Varus, a retailer with over 100 supermarket stores across Ukraine, has partnered with the world’s leading digital asset exchange, Binance, to launch cryptocurrency payments. Customers will now be able to order groceries online and cover the bill through a Binance Pay wallet. Ukrainians to Shop Online From Varus Supermarket Using Crypto Binance, the largest cryptocurrency exchange by daily trading volume, and Ukraine’s supermarket chain Varus have announced a partnership that will allow Ukrainian shoppers to purchase food and other goods online with digital coins. Using the Binance and Varus apps, customers will be able to enjoy instant crypto payments and…

– YouTubeyoutu.beThe gold price dropped to its lowest level in over two years on Thursday (September 15), reaching US$1,665 per ounce.The metal has been hit hard by US economic data. Tuesday (September 13) brought the latest Consumer Price Index (CPI) reading, which shows that in August inflation rose 0.1 percent month-on-month and 8.3 percent year-on-year. While the year-on-year number is a deceleration compared to the prior month, the month-on-month rise comes after the CPI was flat from June to July.In a conversation before the CPI data came out, Gareth Soloway of InTheMoneyStocks.com told me higher inflation would be a signal…

Lido DAO (LDO) showed so much strength as the price rallied from $0.5 to a region of $3, creating a new all-time high against tether (USDT) ahead of the anticipated “Ethereum Merge.” Lido DAO (LDO) benefited from the relief bounces across the crypto market as it continues to top the chart week in and week out but has since struggled after the merge. (Data from Binance) Lido DAO (LDO) Token Price Analysis On The Daily Chart  Daily LDO Price Chart Analysis | Source: LDOUSDT On Tradingview.comLDO saw a decline in price from $3 to $1.8, setting its price up for…