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Showing posts from December, 2021

Whale Alert Traces 63,422 ETH Transferred Through Anonymous Wallets

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Ethereum’s on-chain volume has increased by 36.4%. Currently, there are 71,364,788 wallets with a balance greater than zero. A massive transfer of 63,422 ETH amounting to nearly 239,537,727 USD was reported by Whale Alert and ETH analytics service Etherscan today. However, both the wallets remain anonymous. Data on the blockchain may now be accessed and tracked more easily thanks to Whale Alert’s monitoring and alerts services. Ethereum (ETH) has reached new heights in 2021, with an annual return rate of 399.2 percent. On a year-to-date (YTD) basis, Ethereum’s on-chain volume has increased by 36.4%. Since the August 5 introduction of the London Hard Fork or EIP 1559 update, approximately $5 billion in Ether has been burned on the Ethereum network. As a result, Ethereum has used up 1.2 million ETH in only four months, causing a shortage on the network. New Milestone Achieved Every time Ether was burned after a transaction; it established the concept of scarcity. This feature w...

Top 3 Most Visited IDO Platforms in 2021 According to CryptoRank

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IDO launchpads may be an appealing alternative since they provide members early access to projects that are typically in great demand before being listed on public markets. This enables individuals to participate at the lowest feasible price and reap the best gain. Let us take a look at the top 3 most visited IDO platforms in 2021 as per CryptoRank. <tweet> Polkastarter Polkastarter is a blockchain platform that aims to make cross-chain token pools and auctions easier to set up and manage. It is most typically utilized by early-stage blockchain businesses that seek to raise funds and distribute tokens at the same time. According to CryptoRank , Polkastarter now holds the #1 spot in IDO platforms with an estimated 2507396 page views. DAO Maker SaaS-based growth technologies supplier DAO Maker offers SaaS-based solutions for emerging and expanding crypto-based projects. A multi-investment platform called the DAO Pad is the company’s main offering, allowing DAO token holders ...

3 Promising Crypto to Watch Out for in Upcoming Year

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In 2021, Solana returned about 12,650 percent.  Avalanche is a popular Ethereum alternative. Most cryptocurrencies had a bad December. Many prominent crypto’s are trading considerably below recent highs as investors flee risky investments. Consequently, the crypto market will likely remain turbulent in the next year as well. Let’s look at the top 3 cryptos to watch out for in 2022. 1. Ethereum Based on market value, Ethereum is already the second-largest cryptocurrency. It also has the most common blockchain. Surprisingly, almost 40 of the top 100 cryptocurrencies are based on the ETH platform. Ethereum may have a better year in 2021. Phase 2 of the Ethereum 2.0 upgrade is due in 2022. This will apply to the whole Ethereum network. Moreover, the upgraded Ethereum blockchain will be speedier, scalable, less energy-intensive, and have reduced transaction costs by 2023. 2. Solana In 2021, Solana returned about 12,650 percent. Furthermore, this followed a broad cryptocurr...

Ariane Capital Notes Stellar Crypto Investment Fund Performance Despite 2021’s Bearish Periods

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Geneva, Switzerland, 31st December, 2021, Ariane Capital notes strong growth throughout 2021, paving the way for bigger and better things in 2022 and beyond. Navigating the crypto waters at an early stage allowed the team to build up years of expertise and remain ahead of the market. As a result, its products have proven very powerful and continue to provide investors with optimal returns regardless of market conditions. Mainstream institutions and investors have come around on cryptocurrencies. While initially labelled as “worthless speculative pseudo-assets-, the overall appeal of crypto assets has increased dramatically. There is tremendous untapped potential for these assets and everyone wants a piece of the action. Growing demand for exposure to crypto-assets allows crypto investment funds to capitalise on the momentum. Ariane Capital, a renowned multi-family office, is one of the few European financial players with expertise in crypto matters since 2014. Being an early-stage...

Shanghai Incorporates Metaverse for Various Economic Developments

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Shanghai puts forth plans of adopting Metaverse. Metaverse technology to be used for economic developments through all sorts of industries and sectors. China focuses on adopting new technologies over crypto. It’s a well known fact that China is one of the prominent leaders in adopting the latest technology of all sorts adversely. Though, there may be differences when it comes to adoption of cryptocurrency, China actually adopts to all other attributes such as the blockchain technology and much more.  Accordingly, the latest attribute from the stables of the blockchain sector, the Metaverse technology is what China eyes on now. In spite of this, the most populous city of China, Shanghai puts forth it’s five year development plans, upon which it describes the adoption of Metaverse technology for various uses.  Shanghai’s Metaverse Plans In spite of the city’s further developments, the Municipal Commission of Economy and Information Technology of Shanghai, puts forth i...

Over 10K BTC Sold off in Coinbase, Amidst Year End!

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Coinbase has sold more than 10K BTC in 24 hours till new year’s eve. Binance, OKEx and other exchanges face an increase in their BTC incomes. The want for BTC amidst the new year continues madly. Not always that such buying of Bitcoin (BTC) occurs. True to the fact that the BTC is right now at low prices, many intend to stock up as much as they could in spite of the year’s end.  Accordingly, the Coinbase exchange, the largest crypto exchange of the United States, gives out the fact that BTC sell offs have been quite radical and non-stop since December 30.  Coinbase Sell-off of 10K BTC In spite of the new year’s eve, and the fact that the prices of BTC are currently low, people stormed to get hold of the digital gold as much as they could. Besides, the Coinbase exchange states that the BTC buying started by December 30, about 24 hours till new year’s eve. And so by the end of December 30, Coibase had sold off about 9,925 BTC.  In addition, the hunger appetite f...

2022 Will be a Competitive Year as Major Coins Striving Hard for Supremacy

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Dogecoin is stumbling after its infamous fall, while XRP remains in limbo. Like our society, a shift in the crypto world is approaching. For Bitcoin and other crypto assets, 2021 was one of the most exciting years in recent times. NFTs and the metaverse entered a new phase as values of various crypto tokens on various blockchains skyrocketed. With 2022 rapidly approaching, crypto traders have begun scheming towards a new year. Crypto supporters expect a change in the crypto directory’s market cap ranks. Recently, a slew of useful digital currencies has emerged. There has been a massive rise in NFTs, metaverse projects, along with Terra (LUNA), Polygon (MATIC), Avalanche (AVAX), Solana (SOL) protocols. The flawless surge has left projects like Cardano and XRP in the dust. Rearrangement of Market Cap Rankings The aforementioned cryptocurrency growth measures, together with fundamentals, usefulness, and advancements, have been propellants. Industry supporters expect a rearrange...

The Top Crypto Performer of the Week: SushiSwap

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SushiSwap is often referred to as a substitute for Uniswap by traders. Tokens may be stored in a single vault with BentoBox. SushiSwap has been named the top gainer of the week, exhibiting its dedication to keeping its platform updated. It is one of the few decentralized exchanges that can compete with centralized trading platforms in terms of liquidity. The Large liquidity pools and a focus on the community are two major reasons for the popularity of SushiSwap. Due to the fact that SushiSwap introduced crucial DeFi capabilities before Uniswap, it reportedly garnered a significant portion of the market’s liquidity.  SushiSwap is often referred to as a substitute for Uniswap by traders. It’s also worth noting that SushiSwap’s designers are always working to improve the platform’s functionality. SushiSwap maintains its relevance in the market by concentrating on new features, yield farming options, and introducing other DeFi items to a DEX. The SUSHI crew established a wee...

Polygon Network Hacked of $1.6 Million Worth MATIC

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This might have been a lot worse if this had been put off any longer. After discovering the flaw, Polygon used a stealth hard fork. According to Polygon, an Ethereum sidechain specializing in Proof-of-Stake , on December 5, a significant flaw in the network was addressed by a hard fork. In a Thursday blog post, 24 days after the hard fork, the MATIC team disclosed that an anonymous hacker had stolen $1.6 million in MATIC tokens. Two ethical hackers affiliated with bug bounty platform Immunefi, Leon Spacewalker and Whitehat2, alerted Polygon to a vulnerability in the first week of December. It was determined that a problem had been discovered in its MRC20 contract for gasless transactions. Black Hat Hacker After discovering the flaw, Polygon used a stealth hard fork that worked with all of its validators and node operators to correct it. Despite the vulnerability being quickly patched, an unnamed black hat hacker nevertheless managed to make off with 801,601 MATIC tokens, whic...

Meme Coin Shiba Inu (SHIB) Will Welcome Big Surprises in 2022

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SHIB will welcome some big surprises for the forthcoming year 2022. Shibarium , expected to make SHIB transactions cheaper. The most anticipated launch date of Shibarium has not yet revealed. At end of the year 2021, the entire crypto industry making its wish list and plans for the upcoming year 2022. Similarly, the well-known and popular meme coin Shiba Inu (SHIB) ready to will welcome some big surprises for the forthcoming year, teased the moderator of the official Shiba Inu Discord channel. Furthermore, on December 29 th , the social media community of SHIB has gone live on the AMA session with David Gokhstein, a popular entrepreneur and public speaker of crypto space. This was the first Shiba Inu’s AMA on Twitter space ever made. At the time of the AMA session, SHIB Discord channel moderators stated, “We do have a big surprise when we enter 2022. So that’s going to be the last little tidbit that I drop”. More so, more details regarding this not disclosed by the moderat...

The Top Crypto Gainer of the Day: Gnosis

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GNO Tokens may also be stored in nearly any Ethereum wallet.  Smart contracts are used in the wallet to allow multisig. The Gnosis has made it to the top of today’s gainer’s list. Gnosis is a decentralized prediction market based on Ethereum . Gnosis tokens gain or lose value based on the user’s predictions. The Gnosis token (GNO) is the platform’s cryptocurrency along with the WIZ token (Gnosis Wisdom). The number of GNOs available is limited to 10 million. Open forecasting markets are the focus of this currency. The GNO token can be utilized to create WIZ Tokens. These WIZ tokens are used on the Gnosis network to pay platform fees. The ability to develop and participate in markets is another feature available to WIZ token users. Gnosis created its own multisig wallet. So the wallet needs several signatures. This is to strengthen security. A transaction involves numerous parties. Before a transaction can be executed, they must all agree. High Level of Security by Gnosis ...

MicroStrategy Again Buys Bitcoin (BTC) This December

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The company also made a Bitcoin acquisition of $84 million in early December. MicroStrategy’s stock has gained about 30 percent for the year. MicroStrategy , the Nasdaq-listed business intelligence software firm that has been stockpiling bitcoin said that it purchased 1,914 bitcoins for $94.2 million between December 9 and 29. Also noteworthy is that if Bitcoin prices continue at or above $30,000, the firm will be able to break even and remain in business. The company also made a Bitcoin acquisition of $84 million in early December. Last month, the Information reported that CEO Michael Saylor has $866 million in Bitcoin in his own wallet. He predicts the top cryptocurrency’s price will soar above $600,000, but he doesn’t provide a specific time range for when this would happen. In the end, Saylor thinks that Bitcoin’s deflationary characteristic will keep it increasing in value in perpetuity. Christmas Present for Bitcoin Investors Since Bitcoin is yet to be hacked and all o...

World’s first NFT Space Collection Taken by ISS Will be Hosted by Major Crypto influencers

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Singapore, Singapore, 30th December, 2021, Chainwire Together with the release of “The First Space Sunrise,” world’s first NFT collection of photos of Earth, taken from the International Space Station (ISS), a live event will be held on January 1, 2022 at 0:00 GMT, participated by crypto-influencers from all around the world.  The live event will feature a photo shooting of the Earth from the ISS, and will highlight the real time creation of the NFTs from the unique images taken. It will be also supplemented by the discussion on crypto space trends in 2021, as well as the outlook for 2022 expectations. The following influencers are planning to speak at the event: Amelia Tomasicchio (Cryptonomist, Founder) Amelia Tomasicchio is the Founder and CEO of Cryptonomist, Italy’s largest cryptomedia company, also being a part of Huobi Global. Bailey Tan (DeFiance Capital, Investment Analyst) Passionate about DeFi, Gaming & NFTs, Bailey Tan is an Investment Analyst at DeFiance Ca...

Top 3 Trending Crypto Searches on CoinGecko as per CryptoDep

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In July 2020, Binance bought a controlling share in Swipe. A staking program has been started by Metis. Let us look at the top 3 trending crypto searches on CoinGecko as per CryptoDep. Trending Searches by @CoinGecko 30 December 2021 $METIS $SXP $IMX $GNO $SOS $TIME $MATIC $NEAR $FTM $ROSE pic.twitter.com/qx11Ve2FCt — CryptoDep (@Crypto_Dep) December 30, 2021 Metis (METIS) Using Metis’ revolutionary proof-of-work system, users may mine additional MTS tokens to meet certain milestones in their online courses to earn MTS tokens. Dapps, DAOs, and NFTs will benefit from Metis, an Ethereum (ETH) Layer-2 scaling solution based on Rollup technology. Andromeda went up on the mainnet last month. The project was launched after a hard fork or backwards-incompatible modification of the Optimism protocol. In addition, a staking program has been started by the organization. According to CoinMarketCap , the Metis price today is $0.021345 USD with a 24-hour trading volume of $...

Avalanche (AVAX) Continues its Rapid Expansion, Lures Investors!

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It has almost 480k Twitter followers. There are currently 746k monthly active addresses for Avalanche. An abundance of digital assets and firms has prospered in the last year. Avalanche, which has made a lasting mark in the space, has been added to the ever-expanding list. With its astonishing network activity, the protocol has been drawing the attention of crypto intellects. Avalanche has continually roared as its expansive ecosystem has devoured new milestones. A variety of applications have been served by the protocol, while the projects built on the network have grown rapidly. The Avalanche community, on the other hand, is growing more robust as its metrics soar. Rise in Community Base The Avalanche community is rapidly expanding, with an astonishing number of exchanges taking place on public sites like Reddit and Facebook . It has almost 480k Twitter followers, while the Telegram channel is just shy of the 45k milestone. There are currently 746k monthly active addresses...

SushiSwap Striving Hard to Overcome the Bearish Momentum

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Higher price rejection candles developed close below $9. The daily chart shows resistance at $11.5. Because of a growing number of bearish factors, the SushiSwap price action shows a struggle to maintain the current bullish trend. On the other hand, the daily chart shows a solid bullish bias that can withstand even slight retracements. On December 14th, the token price fell below the $6 support level, and a drop to $3 was predicted. However, the price of the coin rose above the bearish sentiment. Bullish SUSHI coin price continues to rise after completing the double bottom pattern on December 21st and breaking above the neckline at $7. However, the $8 to $9 price range is still influential and could reverse the current trend. Possible Reversal Expected However, despite the coin price breaking above the 50 and 100 day moving averages in the last few days, it can still not break above the 200-day moving average ( EMA ). The RSI indicator (65) approaches the overbought threshold...

MetaVisa optimizes the on-chain credit system and integrates decentralized identity into DAO and GameFi as a support to improve the management and service for other projects like YGG

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HongKong, China, 30th December, 2021, Chainwire MetaVisa, a layer-3 middleware protocol, helps users to establish and display reliable on-chain identity and credit records by analyzing on-chain data and makes it easier for DeFi, NFT, GameFi, DAO, and etc, and dedicate on helping other Metaverse project integrates the identity system into those applications, such as Yield Guild Games (YGG). YGG is a Decentralized Autonomous Organization (DAO) for investing in Non-fungible Tokens (NFTs), used in virtual worlds and blockchain-based games, a play-to earn gaming guild, bringing players together to earn via blockchain-based economies.  MetaVisa captures the on-chain actions of YGG users’ address based on on-chain data, which is used to create a profile of YGG’s guild members. This helps YGG to better target its users and improve the output of its members, allowing for optimizing management. MetaVisa will determine the output capacity of users based on the NFT game props holding peri...

AscendEX Lists Maple Finance Token, MPL

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AscendEX is thrilled to announce the listing of the Maple Finance Token (MPL) under the trading pair MPL/USDT starting on Dec. 30 at 2 p.m. UTC.  Maple Finance is an institutional capital marketplace powered by blockchain technology. On a mission to redefine capital markets through digital assets, Maple expands the digital economy by providing undercollateralized lending for institutional borrowers and fixed-income opportunities for lenders. The Maple protocol offers the most capital-efficient option for institutional borrowing and fixed income lending in the decentralized finance (DeFi) space. The Maple Finance protocol, designed for a variety of user types, including lenders, borrowers, and stakers, provides borrowers, specifically, with transparent and efficient financing completed entirely on-chain. For lenders, Maple offers a sustainable yield source through lending to diversified pools of crypto’s premium institutions. By providing capital to these pools, lenders earn i...

The First Vanity Fair NFT Cover Will Soon Go On Auction on Apenft’s Marketplace

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Singapore, Singapore, 29th December, 2021, APENFT Foundation partners with Valuart to launch the Vanity Fair NFT Cover series, which will be on sale in the upcoming APENFT marketplace. The collection includes the first-ever NFT minted by Vanity Fair (the “Vanity Queen”) and 4 Vanity Fair NFT Covers featuring exceptional artworks celebrating the digital art movement and a unique Vanity Fair NFT Cover dedicated to His Excellency Justin Sun.  “This is a creative and artistic experiment for magazine NFT covers,” H.E. Justin Sun, founder of Tron and Ambassador of Grenada to the WTO, said. “It is great to see how crypto is reshaping creative industries.” Simone Marchetti, Vanity Fair European Editorial Director & Vanity Fair Italia Editor in Chief, agrees: “Always a pioneer in innovation and digital development, Vanity Fair debuted in the crypto art world in September 2021, with its first cover made in NFT: the artwork, starring the singer and actress Elodie, represented a uniqu...

Ethereum Active Addresses Surges Up Attaining New ATH

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The growth of crypto adoption and popularity has increased widely across the world. Several cryptocurrencies have earned holders since the beginning of this year. Additionally, the second-largest cryptocurrency,  Ethereum , has now increased more in adoption. The active non-zero Ethereum address holders have surged in numbers. According to on-chain data from Glassnote, the active ethereum addresses have attained an all-time high of 71,364,788 as of December 9th. As a matter of fact, Ethereum boosted in price in the second and third quarter of this year so this would have helped in earning more holders. Moreover, the platform’s use in other sparking sectors DeFi and  NFT  would have also contributed to the increase of addresses. ETH Non-Zero Addresses (Source: Glassnode) At one point, ETH initiated a huge surge hitting 400% since the start of this year. While ETH also achieved its new ATH above $4880 within the short-term which triggered the traders to invest in ET...

Legal Quarrel Between Securities and Exchange Commission and Ripple

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A legal quarrel between Ripple (XRP) and the U.S SEC. The things are falling in place in Ripple’s favor. Jed McCaleb has made over 2B dollars from sales of XRP. The entire crypto and blockchain industry has created its wish list for the upcoming year 2022, full of hope and confidence. Some of the wish lists include the spot ETF of Bitcoin, and Ethereum to start with. Many countries are following the footsteps of El-Salvador, adopting Bitcoin and other major cryptocurrencies as a legal ledger. Furthermore, the a legal quarrel between Ripple and the U.S Securities and Exchange Commission . This will be anxious for Ripple (XRP) holders, attorneys, and the crypto sphere. Even more, the proponents believe in the need for cryptoverse to unite against the unruly conduct of the SEC. More so, a legal eagle John E Deaton takes to his social media handle to inform the happenings and situations in Ripple’s legal tussle, at the same time enclosing his views. The attorney notes that, if th...

Fantom (FTM) All-set to Outperform its Rivals

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FTM has soared in value due to its rapid expansion. The platform can provide a definitive decision in one second. Toward the end of 2021, Fantom, a scalable EVM-compliant blockchain , shows significant development. Ethereum (ETH) seems to have another “new-generation” competition besides Terra (LUNA). This week saw double-digit increases in total value locked on four of the most popular smart contract platforms (TVL). Top TVL performances include Terra ( LUNA ), Fantom (FTM), Solana ( SOL ), and Polygon (MATIC). $FTM has seen the 2nd highest weekly increase in TVL after $LUNA (+21.73%). Fantom’s TVL is approaching ATHs despite being -35% from its price ATH. Only a matter of time before its price finally reflects the vibrant ecosystem that’s rapidly growing on $FTM . pic.twitter.com/yKNYnLY40K — Miles Deutscher (@milesdeutscher) December 26, 2021 Fantom has overtaken Tron as the most valuable smart contract platform, with a total value locked of $5.6 billion. It may also ...

AscendEX Lists Sidus Heroes Token, SIDUS

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AscendEX is thrilled to announce the listing of the Sidus utility token, SIDUS, and the SENATE governance token under the trading pairs SIDUS/USDT and SENATE/USDT starting on Dec. 29 at 2 p.m. UTC. Sidus Heroes is a space themed, play-to-earn massively multiplayer online role-playing game (MMORPG). Sidus Heroes gameplay takes place in the metaverse, featuring interstellar exploration and battles. Settlement on Sidus Heroes is governed by a robust political and economic structure, with a mission to build a hybrid network ecosystem consisting of work, education, and entertainment segments. Sidus Heroes is the result of one of the largest collaborations in the NFT space, as dozens of professionals and community members from different domains have come together to launch what is now the industry’s first WebGL, AAA-level, play-to-earn, NFT RPG game. Each Sidus Heroes player has the opportunity not only to become immersed in the game itself, but also to earn and collect monetary rewa...

Livepeer (LPT) Rides the Bullish Momentum Despite Bearish Market Sentiments

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Livepeer’s user base grew due to the acquisition. Livepeer (LPT) is up about 4,400% from the beginning of the year. Livepeer is an open-source platform built on the Ethereum ( ETH ) network for those looking for an alternative to traditional video streaming services. More than a month ago, the protocol collaborated with the Glass streaming platform to co-host the COLLIDE event, which was the first-ever concert to involve the live minting of video non-fungible tokens (NFT). LPT/USDT: Source: TradingView Livepeer ( LPT ) is up about 4,400% from the beginning of the year. Intending to lower production costs, it’s a distributed video streaming service. According to the company’s website, video streaming accounts for 80% of internet bandwidth. Additionally, businesses shell out a lot of cash to have videos produced. That’s something Livepeer feels it can improvize. Staking of LPT Tokens Livepeer leverages blockchain technology to tackle a real-world issue, despite the overall sp...