Day: November 15, 2021

OpenSea volumes go bananas as collectors pile back into Bored Ape Yacht Club NFTs

Crypto Twitter nonfungible token (NFT) influencers have been relatively quiet over the past two weeks as trading volumes on OpenSea dropped to a three-month low and analysts critical of the emerging sector say a bear market is at hand.  While overall sale volumes do pale in comparison to previous months, certain projects have seen a significant surge in the last week. Data from Dune Analytics shows that on Nov. 14, the daily amount of Ether (ETH) traded on OpenSea catapulted from $48 million to $105 million and at the time…

Solana Throws a Three-Day Party for Itself

Solana’s opulent conference wrapped with a bang late Wednesday after three breakneck days of panelists and parties meant, as the event website put it, to be a “celebration” of the network’s rapid ascent. Some 2,000 attendees had come to discuss the future: of finance, digital ownership, governance, trading, social media and online communities. Source

President Biden signs infrastructure bill into law, mandating broker reporting requirements

After months of scrutiny from both the U.S. Senate and House of Representatives, the infrastructure bill — criticized by many crypto advocates — is now officially the law of the land. In a ceremony in front of the White House on Nov. 15, President Joe Biden signed the $1 trillion infrastructure bill before an audience of reporters, lawmakers, and union workers. While the bipartisan legislation is aimed at providing funding for roads, bridges, internet access, solar panels, electric vehicle charging stations, and other major infrastructure projects, lawmakers included language applying…

Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable – Mining Bitcoin News

While bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at these prices. The price has made it so that older generation mining devices manufactured over four years ago, with processing power of more than 8 terahash per second (TH/s), can make a daily profit mining the leading crypto asset. Bitcoin Hashrate Follows Ethereum’s Hashrate Toward All-Time Highs On November 15, 2021, Bitcoin’s hashrate climbed to 184 EH/s gathering 17.19% more…

DeFi traders cry foul after only 0.015% of active ParaSwap wallets receive PSP tokens

Airdrops are once again back in style following the recent five-figure token drop from the Ethereum Name Service protocol that kicked off a flurry of protocol engagements from hopeful crypto enthusiasts looking to get in on the next “crypto stimulus check.” Paraswap is the most recent project to reward early adopters, despite their early October statement that the project had no intention of conducting an airdrop. The decentralized exchange aggregator is designed to help decentralized finance traders and decentralized applications find the best rates currently available in the market. ParaSwap…

CRO Price Predictions 2021 : Cryptocurrency News Today

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cro Cryptocurrency. Crypto.com Coin Price Predictions 2021. Cro went parabolic last night in the live stream and everyone was saying cro was heading to the moon. I think -TIMESTAMP- 00:00 Cro Price Predictions 2021 00:15 Cro Crypto Intro 01:00 Should I Buy Cro 01:54 Market Cap 02:40 Crypto.com Coin Price Prediction Today 05:00 Crypto Research 06:30 Lunc Crush 07:00 Trading View Crypto Analysis 09:05 Cryptocurrency News Today 11:00 The Crypto Breakdown Ryan Matta ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube…

ParaSwap Launches Token Amid Controversy, Why Users Were Excluded

Decentralized exchange ParaSwap has joined the ranks of DeFi platforms that launch their native governance token, PSP, via an airdrop. In most cases, these events cause a lot of hype in the community, as users are rewarded for supporting the platform. Related Reading | Real Vision CEO Raoul Pal Takes Bullish Stand On Ethereum The ParaSwap airdrop was not an exemption with many users jumping into the platform to qualify and receive the funds in PSP. However, the platform employed a new logic to distribute its native token. Unlike Uniswap,…

Coinbase CEO Brian Armstrong Envisions Instagram-Style Interface for Crypto Exchange’s New NFT Marketplace

Coinbase CEO Brian Armstrong says that the crypto exchange wants its new non-fungible token (NFT) marketplace to have a similar feel to photo and video-sharing social network Instagram. During Coinbase’s Q3 earnings call, Armstrong says he thinks NFTs could end up rivaling traditional crypto trading. “I think this is going to be a very large area for crypto in the future, and it already is today. I mean, traditionally, Coinbase was focused on FTs, fungible tokens, and we’re equally excited about NFTs. I think it could be as big or…