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
Did Melania Trump Buy Her Own NFT For $356,000?
Reports suggested that Melania Trump might have placed the winning bid for her own NFT auction. The former first lady denied the accusations. Melania Trump is facing scrutiny for her NFT business. In particular, reports suggest that the crypto for the winning bid for her NFT auction came from the same wallet that launched it. The auction in question was for a collection inspired by her 2018 state visit to France, featuring physical and digital items. For $250,000, the first…
3 years ago
The Best NFT Projects You Should Know About
NFTs are now becoming popular and more lucrative with their growing demand. It shows how rapidly the world is moving and endorsing blockchain technology. Notably, the investment sector is keen on putting money into these innovations and durational returns to their except. However, with so many NFTs coming in daily, you might wonder which one to choose. To help you out, we will discuss the top NFT projects you should know about. These NFTs are on blockchain technology, ensuring your…
3 years ago
Potion Protocol Review – The Next-Generation AMM for Risk Management in DeFi
Potion Protocol is a community-driven project that aims to protect users from the many risks lurking in decentralized finance. It is accessible, open, web3-native and transparent. Furthermore, it aims to help users earn yields when selling insurance minimizing the risk of losing their assets. Potion Labs is preparing to launch Potion Unlock shortly, an open-ended, on-chain social game that rewards players with the decryption and release to the public domain of the Potion protocol’s codebase and related documentation. It’s based…
3 years ago
The Best Metaverse Projects to Keep an Eye on in 2023
Metaverse is now becoming the talk of the town. Ever since Mark Zuckerberg's revelation about Facebook and other platform moving towards the metaverse, people are eyeing the fantastic opportunities that come with it. The new projects based on virtual reality and other technologies allow different experiences. As Facebook embraces the metaverse, it will launch new projects that combine the concepts of VR, cryptocurrencies, and other things. 2021 and 2022 were the years of NFTs and Defi; will we see a rise…
3 years ago
PotionLabs Closes Sales of $12M from key DeFi players ahead of Novel NFT Game ‘Potion Unlock’
Potion Unlock, a novel release model for decentralized Protocols registered sales of $12 million last January, from renowned DeFi firms and individuals. The Potion Labs team behind the project had previously raised $3.2M in August 2020 from top-tier DeFi investment firms. The project attracted interest from experienced DeFi parties such as Polychain, Placeholder, Pantera, Maven 11, The LAO, MetaCartelVentures, ParaFi, Spartan, Robert Leshner and Tarun Chitra, Fernando Martinelli, Synthetix founders, Crypto Plaza, Roble VC, CULTUR3, Lemniscap, Zee Prime, beToken Capital,…
3 years ago
Top 5 Play-To-Earn (P2E) Tokens to Invest In 2023
Contrary to naïve misconception, video games are no longer limited to traditional content creators or e-Sport athletes. Instead, through P2E or play-to-earn, gamers can monetize their actual playing time by buying or selling in-game NFTs. When the average gamer completes objectives, the exchange of crypto rewards comes into play. You may not be aware of it, but many people got into NFTs and crypto through play-to-earn games. So it is hard to separate P2E gaming without bringing NFT into the…
3 years ago
Binance Enters a Strategic Partnership with YG Entertainment
Leading crypto exchange Binance has teamed up with YG Entertainment, a leading South Korean multinational corporation. The exchange unveiled this news through a blog post earlier today. This partnership will see YG and Binance work on an array of blockchain projects, including NFTs. According to the blog post, Binance will provide the NFT platform and technology infrastructure. On the other end, YG will supply NFT content and gaming assets. The two companies are also looking to develop Binance Smart Chain-based…
3 years ago
Nintendo President Sees “Great Potential” In The Metaverse
Crypto diehards have long extolled the possibilities for collaboration between NFTs, the Metaverse, and gaming. Now, it would seem that one gaming giant can see the same. Recent comments from Shuntaro Furukawa – President of Nintendo – indicate that he sees “great potential” in the metaverse. This comes at the increasing popularity of the concept, while other major tech companies onboard the trend. Animal Crossing VS The Metaverse Furukawa shared his thoughts on Nintendo’s relationship with the Metaverse during a…
3 years ago
DROPP LAND Introduces a Geo-location Enabled NFT Platform and Metaverse
DROPP, an NFT-based project, is developing geo-location technology that will bring the metaverse to the real world. The platform adds a new dimension to the virtual world. Also, it allows users to interact with simulated 3D objects/environments in the real world. DROPP offers users an interactive platform where they can enjoy Geo-based minting, Land, and Augmented Reality (AR), developed with usable non-fungible tokens (NFTs). Participants in the emerging social metaverse can buy pieces of real estate dubbed 'DROPP LAND.' They…
3 years ago