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…
NFT
TangoChain Unveils a Play-to-Earn Game Console Feature
TangoChain announces its plan to implement a new play-to-earn game console with unique functionalities. According to a press release, the team wants to offer users access to a wide range of top-tier games, including a play-to-earn option. As per the report, the TangoChain team has based its console on the Android operating system. This way, gaming enthusiasts should run an entire catalog of in-demand games developed by A+++ producers. Moreover, this gaming device integrates an implementation that enables users to convert millions of…
4 years ago
Solana CEO Believes the Project Will Make Strides with Its Scalability Potential
The CEO and co-founder at Solana Labs, Anatoly Yakovenko, addressed how Solana has taken up crypto space. Anatoly shared some specifics about the project in an interview at the SALT conference 2021. Solana's Achieved improvements The CEO reported that the project's sole focus is on improving transactional speed to ensure scalability for its users. To achieve this, Yakovenko stated that Solana sought out a third-party host. He mentioned that SOL hit 200,000 transactions per second. The third-party validators ensure higher capacity for crypto…
4 years ago
Never Miss a Crypto Event Again – Coinmarketcal
Coinmarketcal supplies valuable information about crypto-related events to the market. The network was born out of a desire to provide an organized location. There, investors could find vital data about the ever-expanding crypto market. Today, the platform offers an extensive suite of features. These services enable investors to monitor for potential catalysts across the entire industry. History of the Coinmarketcal Coinmarketcal entered the market in 2017 to create one place to find all helpful crypto-related events. At that time, the market was going…
4 years ago
Open Sea – A Pioneer in the NFT World
Open Sea is one of the most reputable NFT marketplaces in existence. The network enables users to buy, sell, and explore collectibles, game items, Art NFTs, and various other digital goods. Notably, Open Sea was the first NFT marketplace to enter the market. This pioneering spirit enabled the platform to establish and maintain a dominant position in the market. Today, Open Sea still operates as the largest NFT marketplace in terms of the daily trading volume. The network has +4 million…
4 years ago
ETH Could See Massive Surge of Users as GameStop Launches NFT Platform
American video game retailer GameStop has undertaken a significant transformation strategy. The company made waves in January after the WallStreetBets subreddit group coordinated a legendary short squeeze. Moreover, the effort managed to bankrupt some Wall Street giants. Subsequently, GameStop’s meme stock rose to the moon. The gaming retailer has since welcomed a new CEO, Chewy founder Ryan Cohen. Mr. Cohen sees the potential for GameStop to become the Amazon of gaming. The CEO is on a mission to revitalize GameStop’s image from a…
4 years ago
Shirtum Pioneers Blockchain Technology to the World of Football
Football or soccer is by far the most popular sport in the world. Having a following of 4 billion people, more than half of the world's population comprises football fans. Loyalty to clubs and national teams as well as legendary stars attest to the enormous following. On the other end of the spectrum is blockchain technology. Primarily billed as the next step in transacting, blockchain and cryptos are pretty young, slightly over two decades old. The disruptive, cutting-edge technology revolutionizes…
4 years ago
Elon Musk’s Cryptic Tweets Send CumRocket Cryptocurrency to the Moon
Elon Musk has once again moved the crypto market after shilling another cryptocurrency on Twitter. This time around, the SpaceX CEO caused the price of adult-themed cryptocurrency CumRocket (CUMMIES) to shoot up 350% in just 10 minutes. On June 5, the celebrity investor tweeted a series of emojis that appeared to reference CumRocket going to the moon. Musk first wrote, “Canada, USA, Mexico,” which some on crypto Twitter somehow interpreted as hinting at the phrase “CUM” based on the first…
4 years ago
Amazon Welcomes Former FCA Official as Ebay Plans on Adding Crypto Payments
E-commerce giant Amazon has moved to elect an ex-Financial Conduct Authority(FCA) official. This action follows Amazon's job advert announcement, which seeks to venture into digital currencies. In essence, the advert included a Digital and Emerging Payments division that will enable users to swap their cash into cryptocurrencies. Two years before, Amazon secured at least six officials from the FCA, out of which four of them came on board a year later. The four regulatory specialists work for specific positions in Amazon,…
4 years ago
Art.army Introduces Excellent NFT Opportunities for Art Enthusiasts
Art.army is a crypto NFT network designed to help and connect artists, investors, gallerists, and art fans. The platform will help connect users globally with services like exchanges, auctions, buying and selling tokens with an artistic value. NFTs are some forms of digital ownership documents for Art, including music, paintings, and videos. Generally, NFT gives artists an option to grow their potential over years while all their Art is appreciated. The idea of NFT is already gaining momentum, with small pieces…
4 years ago