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Tag: trading

New Innovative NFT Use Cases that Might Change the World

The transaction volume of the entire NFT market crossed US$16 billion in November 2021. In 2020, it was only US$355 million, which shows how impressive of a run NFTs have made to create a new asset class in the crypto industry. At the beginning of 2021, the market was mainly dominated by sports highlights and trading cards. But in the second half of the year, we saw NFTs take new forms, which created multiple market segments such as virtual real estate, gaming avatars, and fashion.
Seeing the growth and evolution of NFTs, investors started to see long-term value in NFT and metaverse-based…

The 5 best Bitcoin wallets and crypto wallets of 2021

(Pocket-lint) – If you’re interested in buying and storing Bitcoin or another cryptocurrency, you may be looking for the best Bitcoin wallet. For this purpose, you will need an investment app that supports cryptocurrency trading, and you will also need a “wallet” to store and secure your key code for gaining access to your assets.Bitcoin has acquired universal recognition, and its popularity continues to grow. In contrast to equities at a brokerage, you can remove your cryptocurrency from a crypto exchange and store them in an external…

Bitcoin, dogecoin, Shiba Inu, other cryptos surge today. Check cryptocurrency prices

Cryptocurrency prices today surged with Bitcoin trading above $57,000 mark. The world’s largest and most popular cryptocurrency was trading at $57,699, up more than 6%. Bitcoin price had recently hit record high of around $69,000 and is up over 99% this year (year-to-date or YTD) so far. Global crypto market cap surged to $2.72 trillion, as per CoinGecko.

Ether, the coin linked to ethereum blockchain and the second largest cryptocurrency, also gained more than 7% to $4,337. Dogecoin price rallied over 3% to $0.20 whereas Shiba Inu rose more than 4%…

Could You Earn More in the Axie Infinity ($AXS) Metaverse Than a Goldman Sachs Salary?

Recently, 27-year old Sam Peurifoy, Director of Finance at crypto trading firm Floating Point Group, talked about his current evening/weekend hobby of playing Ethereum-powered monster-battle and non-fungible token (NFT) based game Axie Infinity.

Here is how the Axie Infinity white paper introduces this game:

“Axie Infinity is a Pokémon-inspired universe where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players can battle, collect, raise, and build a land-based kingdom for their pets.All art assets and…

Are non-fungible tokens a good investment?

Article via Facebook Article via Twitter Article via LinkedIn Article via EmailIn recent years, a trend known as NFTs, or non-fungible tokens have taken the art scene by storm. The market has seen explosive growth in 2021., NFT trading volume hit $10.7 billion during the third quarter, up 723% gain from the second quarter. But NFT’s astonishing success has also led to deep skepticism. So, just how do non-fungible tokens work and is it an asset worth investing in?

BONDLY Looking Studly! A Quick Review On A Great NFT Tech Buy! For BITTREX:BONDLYUSD By Tg-l

Bondly overview: Launched on Polkadot (DOT) in September 2020, the “Bondly protocol offers an ecosystem of decentralized products that enable anyone to execute digital payments between peers (from their website bondly dot finance).” With a circulating supply of less than 200 million and a total count possible of less than 1 billion coins/tokens, this is a steal of a deal! This coin has a very small market cap. It’s trading for less than a quarter. Bondly provides services to artists, crypto projects, and brands that are looking to launch and manage the best possible NFT experience….

Journey Of Stardust Sets Inspiring Digital Comic Example In The NFT Industry – CryptoMode

The advent of non-fungible token (NFT) technology has opened the way to create viral digital comics and many other use cases. The NFT industry has witnessed unprecedented growth in 2021. According to reports on CNBC, the trading volume of the NFT market surged to a whopping $10.67 billion within the third quarter of this year. This goes to show how the industry has fared in recent times. The industry growth has also attracted many great and impactful NFT collections.
A good example of these great NFT collections is the Journey of Stardust NFT collection which spans 100 pages of comics….

‘Independent Cinema & Co Swansea Is Forced to Close Over Covid Passports.’

In the latest development we have been informed that the premises of Cinema & Co in Swansea have been forcefully closed with the locks changed by trading standards and that this directive was issued directly by the first Minister Mark Drakeford himself. And in a fired up twitter spaces call last night where over 400 twitter followers joined the call to condemn the enforcement actions of Mark Drakeford, Richard Tayler who started the call and initiated the fund raiser was clearly very angry about the recent turn of…

ConstitutionDAO [PEOPLE] Charts A New High After OKEx Listing

ConstitutionDAO [PEOPLE] saw a massive surge in the price movement, hitting as much as $0.087 in the early hours of 27th November 2021, and continued to rake in new highs. Apart from that, the single-day trading volume on the previous day swooped a whopping $48 million, which is higher than the sum of the past 7 days. The network also witnessed the number of currency holding addresses has exceeded 11k.

The latest uptick has been attributed to the recent announcement of the Seychelles-based crypto exchange OKEx that it was listing PEOPLE tokens on its spot trading platform. Meanwhile,…

After Today’s “Crazy” Meltdown, What Is Oil’s Fair Value? Goldman Has The Answer

Black gold suffered a very red day today: the fall in Brent prices to below $74/bbl (-10%) – fears that a new Covid variant would lead to a freeze in oil demand – was the largest daily decline since oil prices collapsed to negative levels last April, exacerbated by usually low trading activity on Black Friday (with similar moves in 2014, 2016 and 2018), the breach of key support levels (50, 100 and 200-day moving averages) as well as likely negative gamma effects.At the worst point of the crash, WTI futures slumped 14% from their pre-Thanksgiving close and Brent collapsed more than 12%. By…

OKEx shared insights on trading, regulation, DeFi and more during recent Markets Pro AMA

Founded in 2017, OKEx is a centralized cryptocurrency exchange based in Seychelles. According to CoinGecko, OKEx is the world’s third-largest cryptocurrency brokerage, with nearly $12 billion in trading volume within the past 24 hours. The exchange lists 312 coins and 518 cryptocurrency trading pairs.It’s often difficult for new cryptocurrency enthusiasts to navigate the complex world of trading and finance. OKEx seeks to bring such sophisticated trading methods to everyday users’ disposal by providing a simple interface. During an exclusive ask me anything (AMA) session with Cointelegraph…

South Korean Political Parties in ‘De Facto Agreement’ over Crypto Tax Delay


Source: Adobe/o_du_vanThe protracted political struggle over the South Korean crypto tax has entered a new – and possibly decisive chapter – with the major parties reaching a “de facto consensus” over a delay that could see traders allowed to transact tax-free until 2024.As reported, both major parties have pledged to dump their hardline stance on crypto in what most analysts agree is a concerted vote-grab ahead of next year’s general elections – to be held in March 2022.The ruling Democratic Party presidential nominee Lee Jae-myung has backed a year-long delay to the tax,…

Crypto Trader Hamster Dies, Leaves Behind Impressive PNL

Two months ago, Bitcoinist covered the story of a crypto investor with an impressive and unusual track record. A little hamster known as Mr. Goxx stole the attention and affection of the crypto community as he recorded a 20% return or 63.27 euros across his career.
Related Reading | How This Crypto Trading Hamster Is Outperforming You
As confirmed by his caretakers, Mr. Goxx, one of the founders of the trading firm Goxx Capital, suddenly passed away on November 24th, 2021. According to his final trading session log, the crypto trader hamster saw an uptick in…

Phemex Announces the 4th Edition of the Popular Trader’s Arena Competition with a Massive Prize Pool of up to $750,000

Phemex, the fastest crypto exchange and trading platform, has announced the fourth edition of its coveted Phemex Trader’s Arena trading competition. The latest edition, set to go live on Dec. 9th, 2021 8:00 AM UTC, will offer its users a chance to win a share in the massive prize pool of $750,000 worth BTC.
During the event, the Phemex trading community will come together as teams to compete against each other to win prizes for their teams as well as themselves. This time, Phemex has made the Trader’s Arena more exciting by including all contracts into the…

Introducing Ruby.Exchange: The first NFT-powered AMM

Ruby.Exchange combines cutting-edge Ethereum technologies to create a feature-rich user experience, providing more ways for traders and yield farmers to earn.Automated Market Makers (AMM) are decentralized finance’s (DeFi) answer to the problems of centralized crypto exchanges. By providing secure, trustless, user-friendly token trading, AMMs have established themselves as foundational components of the DeFi movement and ecosystem. However, AMMs typically suffer from a lack of “stickiness” and poor user experience.Ruby.Exchange is taking the exciting opportunity to become the…

CoinField’s President on Their New Token, Growth Plans, and Competition


Alex Lightman (on the left) and Matt Zahab, the host of the Cryptonews Podcast. Alex Lightman, Executive Chairman and President of a European crypto exchange CoinField that operates in 193 countries, claims that exchange tokens will outperform other cryptoassets as the company is now preparing to launch its own, somewhat unusual coin. Per Lightman, this utility token aims to help solve the food inflation problem in developing countries.“The CoinField coin [CFC] will be giving you discounted access for trading fees on CoinField and to Nwassa [an agribusiness-focused digital platform]…

A DEX With All the CEX Upsides

Decentralized Exchanges (DEX) rise in prominence, but centralized exchanges still outrank them when it comes to users. DeversiFi aims to change that.

Considering that cryptocurrencies rely on decentralized blockchain to power them, it doesn’t make sense that much of the crypt space relies on a few specific points of failure — centralized crypto exchanges (CEX).

While Binance, Coinbase, and others provide expediency and convenience, traders must rely on them for security and liquidity. Even more so, users have to give up their private keys for the price of…

Play and Earn: How the GameFi Industry Will Change the World of Traditional Finance

The GameFi sector continues to rapidly evolve and reshape the world of traditional finance. And if earlier the main tools for making money on cryptocurrencies were trading and investments, today you can get a reward in cryptocurrency for completing tasks in a computer game. How GameFi works today and what the sector will face in the future, consider the example of the Cypherpunks project.
Second life of NFT tokens
The creation of non-fungible tokens has become the main trigger for the development of the gaming finance market. In fact, their appearance closed…

Crypto Trading Volumes Moving to the Decentralized Ecosystem

The crypto industry has significantly evolved in the past decade, with Bitcoin setting the stage for other cryptocurrencies like Ethereum and Dogecoin. However, the biggest shift has been the mass migration to decentralized exchanges (DEXes) following the debut of protocols such as Uniswap and Sushiwap. The former surpassed Coinbase Pro daily trading volumes on August 30, 2020, processing $426 million, while Coinbase Pro recorded $349 million during the same time.  Since then, the DeFi ecosystem has grown exponentially as other decentralized platforms debuted to challenge the…

MetaSoccer Extends Its Partnership with Blackpool

Metasoccer announces its partnership with Blackpool. BlackPool is the world’s first decentralized autonomous organization (DAO) dedicated only to trading and NFT gaming. They refer to themselves as collective since there is no distinction between the community and the NFT contributors. The platform is for everyone, built by everyone. It’s also worth noting that BlackPool has been a significant supporter of Axie Infinity, purchasing their NFTs and providing scholarships for their game. They were first drawn to our concept by the many parallels and similarities between the two plays…

Top Crypto Analyst Says Ethereum-Based DeFi Protocol Primed for Breakout As Binance Coin Targets New…

A popular crypto analyst is detailing a set of new predictions for two large-cap crypto assets.
The trader, pseudonymously known as Smart Contracter, tells his 184,000 Twitter followers that Binance Coin (BNB) will likely hit a new all-time high (ATH) well before Bitcoin (BTC) surges above its current record high of $69,044.

“BNB [is] going to send to new ATH from here, probably going to hit it long before BTC does.”

Binance Coin, which is the native crypto asset of the Binance ecosystem, hit its current record high of around $687 in May of 2021 and is trading at $636 at…

Win Up to USD $750,000 in Shared Prizes at the Phemex Trader’s Arena 4th Edition


The 4th edition of the renowned trading competition – Phemex Trader’s Arena is offering new benefits and additional rewards compared to previous editions.This event is an enticing call for all kinds of crypto traders to team up and participate for a pool prize worth up to US$750,000! So don’t miss this opportunity to team up and battle it out!The two major additions to PT Arena 4 include the extra rewards that can be won based on funds deposited during the competition’s registration period, and the fact that all contract trading pairs will be counted for the contest. So a user’s…

Selling Hits Crypto Market Again as New COVID Variant Spooks Traders

Source: Adobe/eyeofpaulSelling pressure once again hit the crypto market on Friday, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa.At 10:28 UTC, bitcoin (BTC) was down by 6.5% over the past 24 hours, trading at a price of USD 54,735. At the same time, ethereum (ETH) was down by 6.4% to a price of USD 4,077.Both cryptoassets fell today after seeing gains yesterday, with the sentiment then appearing to be turning positive after two…

Basic Attention Token Best Performer in Top 100 After Technical Breakout, New Wallet

Source: AdobeStock / StanislavThe advertisement-focused basic attention token (BAT) soared higher in price today after a major technical break-out on the chart sparked a buying frenzy among traders.The token, which among other things is used to reward users in the privacy-centric internet browser Brave, rose by 21.7% over the past 24 hours, trading at a price of USD 1.59 at 10:20 UTC on Friday.The gains today positioned BAT as the day’s best-performing token among the top 100 cryptoassets by market capitalization by a…

South Korean regulator proposes strict new rules for token issuers

South Korea’s Financial Services Commission (FSC) has issued a report outlining its new definition of cryptocurrencies, along with proposed procedures for token issuers and punishments for non-compliance.The mooted rules could impose onerous regulations on individuals or platforms that mint non-art NFT’s intended for trading, as well as decentralized finance projects among others. The Nov. 23 report by the FSC details items it proposed in the Act on the Protection of Cryptocurrency Users that has been sent to the National Assembly for consideration. It lays down rules for token issuers…