Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Jack Dorsey VS Web 3.0: Why Twitter’s Founder Is A Bitcoin Maximalist
The Twitter drama over Jack Dorsey and Web 3.0 highlights a timeless conflict bubbling under the surface of the crypto community. It's been an eventful holiday season for Twitter co-founder and Block CEO Jack Dorsey. In late November, he caught the world's attention after forfeiting the former company's leadership to CTO Parag Agrawal. Though he left no explicit details about his plans in his goodbye message, his rhetoric was a major giveaway. “I believe it's critical a company can…
3 years ago
Battle of Metaverses. Facebook, Microsoft, Google and Apple. Who will dominate?
We hear it mentioned more and more often, although it is not yet entirely clear what it is, mainly because it does not yet exist in fact. The Metaverse appears to be on the verge of representing the next technological revolution, with obvious impacts on blockchain technology. The most prominent is undoubtedly Mark Zuckerberg, who is investing rivers of dollars in the new hyper-connected virtual reality. The Facebook founder believes so much in this project that he rebrands his company…
3 years ago
3 Metaverse Crypto Tokens to Invest in 2022
The Metaverse topic has gained tremendous popularity throughout 2021, and this trend is not expected to stop in 2022. The market is convinced of this prediction, as companies like Facebook Meta Platforms Inc. or Microsoft are making significant investments in this sector. In light of this, the popularity of the Metaverse is expected to have significant repercussions on blockchain in 2022. Apart from the large companies mentioned, the new year will likely see new developers' birth of exciting projects. This…
3 years ago
OpenSea Hack Victim Offers To Buy Back Bored Ape NFT From Hackers
A $2.2 million hacking attack victim offered to buy back one of the NFTs from the attackers, even as OpenSea froze its account. Todd Kramer, who goes by picasso5328 on NFT marketplace OpenSea, had 16 NFTs stolen. The collection included 8 Bored Apes and 7 Mutant Apes. He listed the stolen NFTs and asked OpenSea to freeze them. The largest NFT platform did so, and it banned the trading of the compromised NFTs. https://twitter.com/toddkramer1/status/1476546822910918666 The marketplace froze all the stolen NFTs…
3 years ago
MandoX – An NFT Project to Help Those in Need
NFTs are growing exponentially day by day. Virtual property is a hot topic in a world moving towards an increasingly digital status. As soon as a digital asset can be copyrighted, it can gain royalties and be sold on the market. Today we will review the MandoX project, a new initiative specialized in the art universe to let contemporary artists gain the attention they deserve. While doing so, the project reallocates part of its liquidity to charitable missions. MandoX is…
3 years ago
South Korean Exchanges To Ban Transfers To Unverified Wallets
Anonymous crypto transfers might become history in South Korea. Major South Korean exchanges will ban transfers to non-verified wallets, following a decision by Coinone. The businesses are adapting to new regulations set by the government. Exchanges including Upbit, Bithumb, and Korbit, will follow a similar decision by a Korean crypto exchange, Coinone. On Wednesday, Coinone announced it would no longer allow deposits and transfers from unverified private wallets. The decision came as a result of new stricter regulations in Korea. The…
3 years ago
How Much NFT Games Generated in Q3 2021
Those who still are sceptical about the potentials of blockchain technology in the gaming industry will probably be convinced by the last outstanding business numbers. As a report by Blockchain Game Alliance (BGA) point out, only in Q3 2021 did NFT games managed to generate $2.3 billion in revenue. This impressive number amounts to more than 20% of the whole NFT trading volume across all the industries in the report. One could easily simplify this number, saying that one every…
3 years ago
Top upcoming NFT games in 2022
NFT technology has brought many people closer to the blockchain world over months. One of the most popular applications of these tools comes from the gaming industry, where developers create virtual universes to purchase in-game items as NFTs. In 2021 we have seen the birth of many interesting NFT games, with increasingly innovative applications of this new technology. In addition, the last few weeks have announced many exciting projects that it will launch on the market in 2022. Although it…
3 years ago
‘Bitcoin’ Google Searches Touch Yearly Lows While ‘NFT’ Searches Peak
While Bitcoin’s price remains range-bound to where it was back in February, retail interest appears to be drying up. Google search trends show interest in the cryptocurrency at annual lows as the year comes to a close. On the other hand, the word ‘NFT’ has seen a fairly steady increase in popularity since January, touching all-time highs this month. Pivoting Retail Interests According to Google Trends data, interest in Bitcoin was relatively high earlier in the year, shortly after it…
3 years ago