In an attempt to define NFTs briefly, one could describe how most cryptocurrency tokens are fungible (exchangeable with another token identical to it) while NFTs are the opposite (one-of-a-kind tokens). Since so much more can actually go into an NFT, they can be quite difficult to describe in a succinct manner. You may have heard…
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Cardano (ADA) appears to be bullish. However, the uptrend seems to experience a limitation as there are possibilities of several obstructions in its way. Thus, traders need to be cautious around the ADA coin and its forthcoming rally. What is Cardano? Cardano is a PoS (Proof of Stake) blockchain that is open-source and distributed. Cardano…
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Although the metaverse is not a new concept, it has recently gained much more attention. Many are now becoming familiar with the idea, and are looking into what its future offers and how they can be a part of it. The metaverse will completely transform the current way of life for the average individual, affecting…
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Aperture, a cross-chain DeFi investment ecosystem, has successfully closed $5.3 million in seed and strategic round sale led by ParaFi Capital, Arrington Capital, Costanoa Ventures, and Divergence Ventures, followed by Rarestone Capital, Krypital Group, PrimeBlock Ventures, Athena Ventures, Metaline Ventures, Double Peak, Stakely Venture Capital, and more. Angel investors for Aperture include Do Kwon, founder…
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A new partnership has emerged in the NFT world between global crypto exchange Binance and South Korean entertainment company YG. Let’s dive into both properties, and how they are striving for a more eco-friendly and sustainable framework for the future non-fungible token (NFT) collaborations. Related Reading TA: Ethereum Holds Strong At $2.5K:…
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The Bitcoin remittance business is blowing up all over the world. South African financial website moneyweb brings us the report directly from the oldest continent. The conditions that led to El Salvador making Bitcoin legal tender are present all over Africa. The people are unbanked but everybody has mobile phones. Plus, the diaspora is huge…
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Ethereum climbed to a new weekly high above $3,250 against the US Dollar. ETH price is correcting gains, but it might find support near $3,150. Ethereum started a downside correction after it spiked above the $3,250 level. The price is still trading above $3,150 and the 100 hourly simple moving average. There is a major…
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Bitcoin remained well supported near the $42,700 support zone against the US Dollar. BTC is rising and might accelerate higher above $44,850 in the near term. Bitcoin is holding gains, but it is still well below the $45,000 resistance zone. The price is trading above $43,000 and the 100 hourly simple moving average. There is…
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Bitcoin whales have become active once again. While whale activity is normal and to be expected, the rate at which they purchase and accumulate coins can point to further movement in the market. Given that these investors control a large enough volume to affect the price of bitcoin, watching their every move can be beneficial…
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The innovators of the popular meme coin Shiba Inu announced that the protocol will soon offer plots of virtual land in a soon-to-launch metaverse, causing the value of ecosystem tokens such as LEASH and SHIB to surge by nearly 50%. Metaverses are a broad concept that refers to a virtual domain in which individuals can interact in the…
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