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…
Press Release
Venom Foundation in Partnership With Iceberg Capital Launches $1 Billion Venom Ventures Fund
Venom Foundation, the first Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM), and Iceberg Capital, an ADGM regulated investment manager, officially announce that they have partnered to launch a $1 billion venture fund called Venom Ventures Fund (VVF). The blockchain-agnostic fund will invest in innovative protocols and Web3 dApps, focusing on long-term trends such as payments, asset management, DeFi, banking services, and GameFi. It aims to become the leading supporter of the next-generation digital technologies and…
2 years ago
Cointelegraph has Launched an Accelerator Program for Innovative Web3 Startups
The program aims to help Web3’s rising stars boost their media presence, community growth, and brand awareness in exchange for project tokens. The Web3 space is growing rapidly, and new startups are emerging daily, with investment into Web3 projects skyrocketing to $30 billion in 2021 and around $36 billion in 2022. While many Web3 founders have great ideas and a strong value proposition to bring to the space, this is a challenging field riddled with competition and a lack of…
2 years ago
Metacade Presale Passes $2 Million; Only $690k Remaining Before it Sells Out
Metacade has exceeded expectations as investors flocked to its presale to purchase MCADE tokens, raising over $2 million for the GameFi project. The beta stage of the presale saw $1 million pour in over a matter of weeks, and momentum has continued despite the 25% increase in token price. There is now only $690k remaining of the token at $0.01 before the price rises 20% in the next round. $MCADE is available to buy on the official Metacade website. https://www.youtube.com/watch?v=cQZDR5EK-po&source_ve_path=MjM4NTE&feature=emb_title…
2 years ago
Flare Launches Layer 1 Oracle Network
Flare, the blockchain for building applications that use data from other chains and the internet, has successfully completed its long-awaited token airdrop at 11:59 pm UTC on January 9th. The airdrop saw 4.279B Flare (FLR) tokens distributed to millions of recipients, including users on Binance, OKX, Kraken, Bithumb, UpBit, Kucoin, BitBank, & more, in one of the largest scale distributions in crypto history. The airdrop is a significant milestone for Flare as developers can now start to take advantage of…
2 years ago
AAG Introduces MetaOne Wallet to Simplify and Streamline Web3 User Experience
Web3 infrastructure company AAG has officially launched its flagship product - the MetaOne® Wallet. To simplify and ease the onboarding of new users into the Metaverse economy, the MetaOne Wallet eliminates the requirement for users to remember or safely store their private keys and seed phrases. Further user-friendly features include fiat on-ramps provided by industry giants Coinbase Pay and Simplex, an integrated decentralized application (dApp) marketplace serving only approved dApps, and AAG’s educational AAG Academy. Jack Vinijtrongjit, Co-Founder and CEO…
2 years ago
SolidProof Announces New Affiliate Reward System for KOLs
SolidProof is proud to announce a new reward system connected to its Affiliates Program. This strategy will give its KOL network a new opportunity to promote the company's services while earning rewards. The company aims to reward its network with up to 22.5% monthly commissions for promoting the program. With this initiative, SolidProof is creating an even larger presence in the industry and expanding its outreach. A New Way to Benefit from a Trusted Company With the new reward system,…
2 years ago
Nuritopia Opens $100K Global Video Contest for Future Stars
Nuritopia is excited to announce its Global Video Contest, offering the community over $100K in token prizes. With this contest, everyone can join and showcase their talents while competing against others worldwide. The competition will feature multiple categories, and winning contestants will collect $NBLU tokens as rewards. This event marks a new opportunity for talents to shine in the metaverse and become part of an inspiring community. A New Chance to Shine in the Metaverse Nuritopia Global Video Contest gives…
2 years ago
GDCC Coin Unveils Deflationary Model for Crypto Enthusiasts
Global Digital Cluster Coin (GDCC) unveiled a new deflationary model for cryptocurrency enthusiasts. The project merges a well-designed tokenomics system with a wide ecosystem of applications and services. This experienced team aims to provide users with the ultimate tool to store, transact and manage digital assets securely. The deflationary aims to increase the value of GDCC over time. Promoting an Ambitious Deflationary Model The team perfectly describes its deflationary system on the project's website. Namely, the team engraved a burning…
2 years ago
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Conflux NetworkConflux Network Expands into Hong Kong
Highlights: Dr. Ming Wu, co-founder of Conflux Network, was invited to Hong Kong to speak with various government and private organizations about the digital economy, innovation and technology, and has reached an initial strategic cooperation intention. Conflux is already in the process of registering related entities for the entry into Hong Kong, solidifying its role as foundational infrastructure for Web3. This follows October’s announcement of the “Policy Declaration on the Development of Hong Kong Virtual Assets” which has paved the…
2 years ago