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
Pinkslip Finance Boards the Huawei Cloud X Morpheus Labs LaunchPad
Recently, Pinkslip Finance announced it has officially joined the jointly developed Huawei Cloud Singapore and Morpheus Labs launchpad. The NFT-based platform became one of the very first networks to acquire the services of the innovative launchpad. Moreover, Huawei Cloud and Morpheus have promised to pour in resources to give blockchain solutions to Pinkslip Finance, among other projects. Pinkslip Finance announced its excitement to work with Huawei Cloud PAC on Twitter. In recent times, many have considered Huawei as the leading…
4 years ago
Visa Launches Educational Program to Support the NFT Creator Economy
Payment giant Visa has taken many steps towards building out cryptocurrency payment infrastructure. Today, they furthered their endeavors in the crypto industry by launching a program to support NFT artists. Visa Partners With Micah Johnson Visa announced their new project in a blog post on Tuesday, showing enthusiasm for how the NFT industry is lifting artists. They give the example of Micah Johnson, and a former MLB player turned NFT artist. Micah quit his MLB career in 2018 and was…
4 years ago
Bored Ape Yacht Club Just Signed With Madonna’s Talent Manager
The “Bored” Ape Yacht Club has much to be excited about going forward. The collection’s creators– Yuga Labs– recently signed on with Guy Oseary, founder of celebrity music management group “Maverick”. Maverick has represented significant artists and groups, including Madonna, Britney Spears, and The Weeknd. Celebrity Ape Yacht Club? Variety magazine announced the NFT developer’s partnership on Monday. Oseary and Yuga Labs have some “exciting initiatives” in the works for the NFT community. They will reveal specifics on these initiatives…
4 years ago
Arker Review – Gameplay, Rewards, and Tokenomics
Arker is an online multiplayer role-playing game (RPG) that enables users to earn cryptocurrencies as they play. As the blockchain revolution rages on, the crypto sphere expands to incorporate more markets with exciting applications. Among them is the rapidly emerging sector of blockchain-based online gaming. Contrary to traditional video games, these applications allow users to boost their crypto income by completing quests. Arker: the Legend of Ohm is one of the latest gaming projects to embrace this concept. The game…
4 years ago
NFTs Role in Connecting Sports Teams With Their Fans
Since the launch of blockchain technology in 2011, the financial world has welcomed many other related projects. One of the most innovative yet simple ones is using Non-Fungible Tokens (NFT). An NFT is a unit of data stored on a blockchain, and it assigns unique tags to digital assets which are not subject to any form of change. Even though NFTs sit on the same blockchain technology as cryptos, they are not currencies. Since their debut, NFTs have proven themselves as…
4 years ago
Dogecoin Co-Founder Suggests Ways To Boost the Crypto’s Utility
Dogecoin co-founder Billy Markus has suggested two things he believes would help Dogecoin. He also looks forward to completing the DOGE-ETH bridge and developing a DOGE-ETH token for purchases. Billy Markus on Dogecoin’s Development Markus took to his Twitter account to advocate for the DOGE-ETH bridge, which he believed would help Dogecoin. He explained that the NFT platforms like OpenSea should allow the DOGE-ETH token to facilitate purchases. He also noted that allowing the DOGE-ETH token to assist in NFT…
4 years ago
Solana NFT Project Accused of a Rug Pull After Lil Uzi Deletes Tweets
Lil Uzi-backed NFT project by Solana titled ''Eternal Beings'' faces several accusations of a rug pull. He deleted every tweet mentioning the project. The event marks another crypto project backed by a celebrity to run into trouble. Eternal Beings Accused of Pulling the Rug Solana launched Eternal Beings on Tuesday. The project is a collection of 11,111 generative alien avatars with a similar fashion sense to the rapper. Lil Uzi Vert, who previously promoted the project on Twitter, deleted all…
4 years ago
Emurgo Dedicates $100M to Fund DeFi and NFTs on The Cardano Ecosystem
Emurgo took to their official Twitter account on the 26th of Sep 2021 to confirm the announcement that they are ready to invest $100M in the Cardano ecosystem. Emurgo had made this announcement at the Cardano Summit. Cardano ‘Stretches’ to Support DeFi, NFTs, and Blockchain Education On the 26th of Sep 2021, Emurgo, the commercial of crypto giant Cardano, took to its official Twitter account to confirm that it intends to invest $100M in Cardano’s Ecosystem. The vast funding will support the development of DeFi and NFTs on Cardano’s…
4 years ago
Top 7 NFT Marketplaces You Should Know About
Non-fungible tokens (NFTs) are digital tokens representing ownership of an item. These items can be either physical or digital. Additionally, they may be from artworks, collectibles, real estate, soundtracks, sneakers, tweets, video games, or in-game items. NFTs have rare attributes resulting from their unique in-built code. Moreover, you can't divide them into smaller units. 2020 was their breakout year; since then, they've continued to grow. Today, they're a popular trend, with many crypto holders seeking to own them. Additionally, many…
4 years ago