Cryptos Slip bilang Bitcoin (BTC) Presyo Struggles sa $40K - BitcoinEthereumNews.com

Halimbawa, noong Abril 10, si Arthur Hayes, co-founder ng crypto derivatives trading platform na BitMEX, ay nagbabala tungkol sa isang Pagbagsak ng presyo ng BTC patungo sa $30,000. Ang post sa blog na iyon ay nag-trigger ng napakalaking pagbebenta ng mga tawag sa opsyon sa Mayo at Hunyo, na naging sanhi ng pagbagsak ng BTC at ETH na panganib (mga call minus puts) mula -6% hanggang -10%, ayon sa QCP Capital, isang crypto trading firm na nakabase sa Singapore.

2022-04-22Industriya

NFT Marketplace Launches in Beta on Coinbase Exchange

Coinbase Global Inc, a Nasdaq-listed cryptocurrency trading platform, has announced the debut of the Beta version of its Non-Fungible Token (NFT) marketplace, months after announcing plans to launch the service.  Coinbase stated at a press conference that the Beta version is only available to a small group of customers who were chosen based on their position on the queue when it was launched for registration last year.  Only Ethereum-based collections such as Doodles, Azuki, World of Women (WoW), and Where My Vans Go will be available on the Coinbase NFT marketplace at launch. For a limited period, no costs will be paid, and when fees are charged, they will be in the single digits and competitive with industry standards, according to the trading platform.  Growth Strategies for the Non-Financial-Transactions (NFT) Market  Coinbase is launching its NFT marketplace well aware that there are dominant competitors in this industry, like OpenSea, Rarible, and LooksRare, among others. Based on this information, Coinbase has designed its marketplace to be much more than a trading platform for digital artworks and collectibles, but also a catalyst for community building.  “Were developing a marketplace where you can buy and trade NFTs, but more importantly, you can engage,” said Sanchan Saxena, VP of

2022-04-22Malalim na Pagsisid

Bitcoin Under Pressure Near $40K, Two Reasons Why That Could Change - BitcoinEthereumNews.com

Ang BTC ay gumagalaw patagilid sa 4 na oras na tsart. Pinagmulan: Tradingview ng BTCUSD  Trading firm QCP Capital believes Bitcoin has been trading in a larger range as it reclaimed the area around its current levels. The firm claims that there are 2 main reasons behind BTCs recent price action.  In addition to the U.S. Federal Reserve (FED) hinting at an aggressive monetary policy, there are expectations of Bitcoin and Ethereum revisiting critical support at $30,000 and $2,500, respectively. These expectations were generated by former BitMEX CEO Arthur Hayess latest post, “The Q Trap”.  In the options markets, traders are preparing for a potential drop as QCP Capital records a “massive selling of May and June calls, causing BTC and ETH risk reversal”. These levels dropped from negative 6% to negative 10%.  Conversely, the demand for BTC and ETH puts has increased. In other words, traders seem to be hedging for the upcoming crash by buying put (sell) options. If the price crashes, they will be able to benefit.  Ethereum has seen the biggest uptick in demand for put calls. QCP Capital attributed it to the delay of “The Merge”. The event is set to combine Ethereums execution layer with its consensus layer and

2022-04-22Bitcoin

Billionaire Mark Cuban Reveals Massive Ethereum Position, Says Bitcoin Maximalists Are Wrong About True Upside in Crypto Markets - BitcoinEthereumNews.com

Bitcoin crypto EthereumBillionaire Mark Cuban Reveals Massive Ethereum Position, Says Bitcoin Maximalists Are Wrong About True Upside in Crypto Markets04 / 22 / 2022Balita ng Ethereum ng Bitcoin  Billionaire Mark Cuban is weighing in on what he believes is the true value and function of each sector within the cryptocurrency realm.  In a new interview with the Scott Hilton YouTube chanel, the entrepreneur sabi ni na habang Bitcoin will always function as a store of value, he disagrees with maximalists who view BTC as the be-all, end-all digital asset.  The Bitcoin maxis are the people who think that Bitcoin‘s just going to own the world and change the world to be the ultimate currency. It’s not.  Bitcoin really is a great store of value because it‘s easier to trade than gold, easier to break up into smaller pieces than gold to share with people. It’s easier to store, you can just take the digital file and put it on a card.  Store of value is one thing that applies primarily to Bitcoin.  The Shark Tank investor next discusses the two main categories of crypto tokens and how the more speculative tokens compare to over-the-counter (OTC) stocks.  There are two types of tokens. Tokens that have a utility

2022-04-22Ethereum

NBA 2022 Playoffs to Release 18,000 NFTs

The National Basketball Association (NBA), a professional basketball league based in the United States, will issue 18,000 dynamic non-fungible tokens (NFTs) on the Ethereum network to each player that competes in this years playoffs.  The Association NFT collection will have 240 players and 16 teams, with each player receiving 75 NFTs.  The NBA playoffs are the main postseason competition that determines the league champion. As a result, this years edition will be commemorated with NFTs, which will be capable of altering appearance dependent on a players on-court performance.  According to the announcement:  “The Association NFTs are connected to live data feeds and computations for each respective team and player via Chainlink Oracle. This allows each players NFT appearance to change in an automated manner based upon the pre-set achievements that are written into the Galaxis smart contract.”  Furthermore, because the NFTs would be issued transparently and randomly using Chainlink VRF, participants will have an equal opportunity to mint any player, according to the paper.  “The Association NFTs are being issued in a blind-mint, meaning that nobody will know which 2022 NBA Playoffs player they will receive prior to the reveal on April 22nd.”  The distribution of these digital assets coincides with the release of an NFT collection

2022-04-22Malalim na Pagsisid

Bitcoin, Ethereum, Dogecoin, at Polygon MATIC Daily Price Analyzes – 22 April Morning Price Prediction - BitcoinEthereumNews.com

Source: TradingView  The data for the last 24 hours shows that Bitcoin has shed 4.40% over the last 24 hours. If we compare the gains for the last seven days, Bitcoin has remained fortunate. It has been able to add 0.84% over the past week. The graph for its performance shows highs of $42.5K and then fluctuations leading to $40K, affecting the new investments.  Source: TradingView  The latest data for Ethereum shows that the recent wave of bearishness took it much lower. The losses for the last 24 hours amount to 4.29%. As Ethereum has been bearish for a couple of days now, its weekly losses have soared. The current value of its seven-day losses is about 0.52%.  The price for Ethereum reduced significantly as it was striving for ups, but instead, it stuck in dips. As per the latest updates, its price is in the $3,012.15 range. The market cap value for Ethereum has also been affected, and it is currently about $363,572,814,936. In comparison, its 24-hour trading volume is estimated to be $20,847,564,448.  DOGE reducing in value  Dogecoin is following the popular bearish trend as it has seen a recession in gains. The latest data for it shows that the losses are about 2.73%.

2022-04-22Ethereum

Blockchain-based Games Rallied Up 2,000% in One Year, DappRadar’s Latest Report Shows

DappRadar, a major online platform that offers information and insights about all the existing blockchain-based decentralized applications (DApps), Wednesday disclosed through its Blockchain Games Report that interest in blockchain-based games has risen by 2,000% since Q1 of 2021.  The study shows that blockchain games are leading in decentralized applications, which put them at 52% of all blockchain activities.  The report further reveals that blockchain games attracted 1.22 million unique active wallets (UAW) in March of this year. According to the report, Axie Infinity, a platform that offers decentralized games, was responsible for 22,000 such unique active wallets despite Ronin Network, a sidechain tied to Axie Infinity, being hacked that led to a loss of $615 million in stolen funds.  The study also indicated that an increase in popularity of play-to-earn (P2E) non-fungible token (NFT) games on Ethereum sidechains have been a big factor that significantly contributed to the growth of the blockchain games. As per the report, popular crypto games platforms on Polygons MATIC blockchain such as Crazy Defense Heroes, Pegaxy, Arc8, and Aavegotchi have spurred a 219% rise in Polygons gaming activities since the beginning of 2022.  Besides that, the report indicated that blockchain-based games raised $2.5 billion in Q1, 2022 from investors.

2022-04-22Malalim na Pagsisid

Ethereum Investors Brought in $76.3B Worth of Realized Gains in 2021 - BitcoinEthereumNews.com

Balita ng mga Editor  Support around $2,950 is critical for ETH bulls to maintain their momentum in the short run.  Blockchain forensics company Chainalysis has released new research.  Even though there has been a lot of speculation that Ethereum will overtake Bitcoin in terms of market value, its still hanging on to its position as the most valuable cryptocurrency. For Ethereum fans, though, there is still a lot to rejoice about.  Total Realized Profits in 2021  Blockchain forensics company Chainalysis has released new research that shows that the second-largest cryptocurrency, Ethereum, narrowly outperformed Bitcoin in total realized profits in 2021. If one sells a financial item, such as a share of stock or a commodity, one will be able to claim realized gains.  Ang ulat ay nabasa:  “Naniniwala kami na sinasalamin nito ang tumaas na demand para sa Ethereum bilang resulta ng pagtaas ng DeFi noong 2021, dahil karamihan sa mga protocol ng DeFi ay binuo sa Ethereum blockchain at ginagamit ang Ethereum bilang kanilang pangunahing pera.”  From $20 billion to $150 billion in 2021, the market capitalization of decentralized finance (DeFi) protocols has grown by 7.5 times, while its portion of the crypto market has doubled, from 2.8 percent to 6.5 percent. However, it remains to be

2022-04-22Ethereum

Blockchain Can Improve Climate Crisis through Smart Contracts, Study Shows

As climate change is considered a desperate issue in modern times. Blockchain technology is expected to act as a stepping stone towards addressing economic complexities and interoperability when transiting to renewable energy, according to a report by Chainlink Labs and Tecnalia.  As a leading provider of open-source blockchain oracle solutions, William Herkelrath believes Chainlink Labs will help create a data-driven backend infrastructure required to tackle the climate crisis.   The managing director at Chainlink Labs added:  “By using Chainlink to bridge some of the highest-quality climate data in the world onto blockchains for energy and climate initiatives, we can give the clean energy sector the tools it needs to expand its impact.”  Smart contracts play a significant catalyst in adopting blockchain technology because they automatically document, control, or execute legally relevant actions or events per the agreement.   Therefore, they can offer developers the tools to create the next generation of clean energy solutions by tapping high-quality energy and climate data on-chain.  The report highlighted various use cases in which smart contracts could aid in the clean energy journey. They included using parametric energy conversion contracts, issuing carbon credits or consumer rewards, and tokenising energy commodities and project cash flows.   Blockchain is expected to fill the

2022-04-22Malalim na Pagsisid

The US Air Force Trademarks The Digital Metaverse 'SpaceVerse'

The United States Air Force (USAF) has submitted a trademark application with the United States Patent and Trademark Office for the term “SpaceVerse” in order to expand military training into the metaverse.  “SpaceVerse,” according to a tweet on Tuesday, is intended to “converge terrestrial and space physical and digital realities” and “provides extended-reality training, testing, and operational settings.” It will also provide a secure digital metaverse of synthetic and virtual extended-reality (XR) training, testing, and operational settings, according to the filing.  Last Thursday, April 14, the application was submitted. The trademark application was accepted by the Office (it met the minimal filing requirements) but has yet to be assigned to an examiner.  Mastercard filed for 15 trademarks related to NFTs, crypto, and the metaverse two weeks before the USAF submission. They include NFT-backed multimedia, digital commodities markets, and payment transaction processing and e-commerce software businesses associated to the metaverse.  American Express, another payment company, filed for similar trademarks as Mastercard last month for “downloadable computer software for allowing the transfer of a virtual payment card to an electronic mobile wallet,” among other things.  As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects in a bid to protect you

2022-04-22Malalim na Pagsisid
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