Month: January 2022

Dapper Labs becomes the first NFT company to register to lobby with the US government

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Based in Vancouver, Dapper Labs offers a variety of NFT based products and dapps. These include games like CryptoKitties, where players can breed and raise NFT kittens, and Cheeze Wizards, a tournament series where collectible characters can duel each other. Additionally, Dapper Labs is partnered with the NBA and is responsible for Top Shot, an NFT marketplace that sells highlights from basketball games. The UFC has also partnered with Dapper Labs to offer a similar service in the near future. According to the announcement, Dapper Labs has recruited Crossroads Strategies…

Ertha Partners with Cryowar

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Ertha, one of the most highly-anticipated metaverse projects, recently launched it’s native ERTHA token to much success on Huobi Primelist. The play-to-earn game made huge progress in 2021 and is now poised to deliver a one-of-a-kind experience to fans of NFT gaming later this year. Thanks to the project’s meteoric rise, Ertha has attracted the attention of some of the biggest names in DeFi, bringing about high-profile investments and now, a valuable partnership with a team well renowned for its glowing reputation within the game development community. Ertha is partnering…

Autonomy Network bringing the first-ever living, autonomous NFTs (aNFTs)

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Non-fungible tokens, or NFTs, have taken the cryptocurrency industry by storm. Although the concept has much more potential, it is an excellent tool to create and sell digital art or collectibles. Autonomy is bringing NFTs to life, the autonomous NFTs (aNFTs) that can do things on behalf of their holder through automation. Autonomous NFTs? Is That Even Possible? The current generation of non-fungible tokens is static and primarily a one-trick pony. Moreover, the industry suffers from tremendous speculation rather than utility. Although that situation slowly changes, there is still little…

NYC mayor getting paid in Bitcoin suggests buying the dip

Newly sworn-in New York City Mayor Eric Adams is already using his influence to publicly speak about buying the recent Bitcoin dip. In a Thursday interview with CNBC’s Squawk Box, Adams said he had not yet received his first paycheck as the mayor of New York City, but reiterated his aim to make the city a Bitcoin (BTC) and crypto hub. When co-anchor Andrew Ross Sorkin pointed out that the price of the crypto asset has “come down” — dipping as low as $43,000 earlier today — the NYC mayor…

BTCS stock jumps 44% after announcing first-ever dividend payable in Bitcoin

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On Wednesday, Nasdaq Composite logged its biggest daily loss since February last year. But for one of its listed companies, the day turned out to be extremely bullish. Blockchain stock soars The share value of BTCS Inc. (BTCS), a blockchain technology company, surged nearly 44% to $4.36 at the New York closing bell, thus becoming the third-best performer on Nasdaq after Lixte Biotechnology (LIXT) and Mainz Biomed BV (MYNZ). Top Nasdaq performers as of Jan. 5, 2022’s close. Source: TheStockMarketWatch.com   In contrast, Nasdaq plunged 3.3% Wednesday, its losses driven primarily by…

Binance buys the dip adding over 43k bitcoin to wallet

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Bitcoin billionaires continue to accumulate during the dip. As Bitcoin (BTC) filled the $42K December price wick this morning, Bitcoin whales were busy stacking sats. One address belonging to Binance added 43,000 BTC on the 4th of January at an average price of $46,553.68, bringing the wallet’s total value to $5.5 billion. Elsewhere, the third-largest Bitcoin address continued its spending spree, adding another 551 BTC since Cointelegraph last reported it bought the dip, just two days ago. The wallet continues to aggressively accumulate in the $40k range, now owning a total of…

Despite the Crypto Market Dip, Weekly Gains Show OSMO, ATOM, FTM, and a Slew of Other Assets Shined – Market Updates Bitcoin News

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On January 5, digital currency markets shed a great deal of value as bitcoin dropped below the $44K handle during the late afternoon (EST) trading sessions on Wednesday. Nearly every coin has shed 24-hour value, but a slew of crypto assets have seen double-digit gains and have managed to stave off the crypto economy downturn. This Week’s Double-Digit Crypto Gainers At the time of writing, the crypto economy is down more than 7% to a low of $2.16 trillion on Thursday, January 6, 2022. The price of bitcoin (BTC) has…

Tencent Adds Digital Yuan Support to WeChat Pay Wallet: Report

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Crypto Infrastructure Firm Pocket Network Raises $10M

Pocket Network usage, as measured by the number of API calls processed by the protocol, has more than doubled on a monthly basis since last July. Weekly relays have increased from tens of thousands at the start of 2021 to over 2 billion in a single week in December, Pocket Network said in the press release. Source

Bitcoin Dominance Sinks to Lowest Level in 3 Years as Ethereum, Numerous Competitors Gain on BTC – Markets and Prices Bitcoin News

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Bitcoin dominance has dropped to the lowest level in just over three and a half years since June 3, 2018, at 37%. Last year, at the end of March, bitcoin dominance hovered just above the 60% zone but since then, numerous digital asset market caps have swelled in value and gathered prominence in the market rankings along the way. Bitcoin Dominance Dips Below 38% The crypto economy currently has roughly 12,247 crypto assets traded across 542 exchanges worldwide. Crypto markets have shed more than 7% over the last 24 hours,…