Day: March 7, 2022

Wall Street Chads Set the Standard for NFTs With Innovative Ecosystem

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The NFT ecosystem is one of the most competitive in the blockchain industry, yet innovative projects always find a way to stand out from the crowd. One of such is Wall Street Chads which has grabbed the attention of collectors, crypto traders and NFT enthusiasts since its launch in July 2021. Wall Street Chads is an NFT project that has created the first-ever decentralized community-run investment platform. NFT lovers and crypto enthusiasts can experience a seamless, frictionless and social community investing experience powered by Chads NFTs. 3,333 Chads NFTs sold…

Virginia passes new crypto law whilst macro headwinds mount up – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin made a lower low on the daily time frame last week as it failed to hold above the key $44,600 level, with many analysts calling for lower prices as macro headwinds mount up. Downside risks involve war in Ukraine, persistent inflation in consumer goods and supply chain issues, new inflation from soaring oil prices, and the reaction from the Federal Reserve to combat this inflation. Many predict a global recession is on the horizon if the Federal Reserve decides to…

C4W Is a Trusty-efficient Way To Earn Passive Income in Crypto

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It’s easy to get caught up in the hype and buy your favorite coin, only for prices later to go down dramatically. Instead of simply investing money into coins, though – which can be risky depending on what kind you choose- there are actually some other strategies that might work out better than just holding them long-term. Crypto4Winners (C4W) is a Sweden company that offers trading solutions piloted by experienced traders (algorithmic trading, bots, and A.I.) to help clients record profits when investing in cryptocurrencies. With Crypto4Winners, you can manage…

Women of Crypto sells entire NFT collection on the first day – Blockchain News, Opinion, TV and Jobs

Women of Crypto (WOC) founder, Amy Matsushima, has announced that all 8888 female avatar non-fungible tokens (NFTs) have sold out on the first day of sale. Women of Crypto is a first of its kind, 3D avatar NFT collection of 8888 women with 111 unique physical traits, characteristics, accessories, and backgrounds. All were sold on the day of release, February 3rd, 2022. “On the day of the launch, we were getting 50,000 clicks a minute,” Matsushima said. “It actually crashed the website. Even so, they all sold, and we received…

Nagax, the Crypto Trading Platform of German Fintech Naga, Set to Launch

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Examining the crypto market’s reaction to the Russia–Ukraine crisis

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February saw a noticeable shift between inflation and U.S. Federal Reserve news, followed by news of a conflict in Eastern Europe that completely overshadowed the earlier concerns of economic health. What’s transpiring in Ukraine is causing an immediate marketwide price drop. Bitcoin (BTC) had a notable decline of 11% over a 16-hour time period, while the majority of altcoins plummeted 20% or more. The initial expectation was for the war to have a negative impact on cryptocurrency prices, which it did for a short period of time. However, as fear…

Why Stablecoin Interest Rates Are So Damn High

Stablecoins also provide crypto investors with a “safe haven” when cryptocurrency price volatility is high. So when cryptocurrencies go on a wild roller-coaster ride, as they have in recent months, demand for stablecoins rises. This tends to push them off their pegs, which rather destroys their purpose. So when people are cashing out of risky crypto into nice, safe stablecoins and USDC is starting to look expensive, Jeremy Allaire cranks up the printing presses. Source

Crypto in times of war, Feb. 28–Mar. 7

A war rages on Europe’s eastern rim, having already left thousands of people dead and injured and millions more displaced. Digital assets have become so woven into the global financial system that a major political and economic crisis like the one unfolding right now has crypto inevitably involved on all levels: individual, institutional and national. From Russian nationals turning their burning passports into nonfungible tokens (NFTs) to refugees using crypto as a last financial resort, millions of dollars worth of crypto donations flowing to Ukraine, and both digital asset platforms…