Day: April 19, 2022

Everything You Need to Know About Play-to-Earn on Algorand in 2022

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The gaming industry is diverse and ever-increasing, and recent developments prove that this also applies to blockchain-powered gaming. As the latest estimates suggest, the number of crypto wallets related to gaming witnessed an astounding increase from 29,563 at the start of 2021 to a whopping 754,000 in the third quarter of 2021. With this impressive growth rate, it is no surprise that savvy crypto investors have started to focus on the next big thing in the crypto market: play to earn gaming. Axie Infinity, for example, touched an astonishing market…

Crypto Market Cap Falls By $80 Billion In A Day As Bitcoin Dumps Below $40K

The crypto market cap declined by about $80 billion today as Bitcoin dropped to a monthly low beneath $39,000. The crypto markets are on another roller coaster ride today, with bitcoin slipping below $40,000 and many altcoins dumpings as well. Ethereum has taken it on the chin losing over 5% of its value to sit at just under $3,000 per coin. Other altcoins like Terra, Ripple, Solana, Cardano and Polkadot also had substantial price losses.  Related Reading | TA: Ethereum Slides Below 3K, Why Bears Could Aim $2.5K Altcoins Enter…

Animoca Brands Soon to Acquire Australia’s Be Media for Blockchain Development

Hong Kong-based Animoca Brands has announced that it will soon acquire Australian digital marketing agency Be Media to explore the opportunities centred around blockchain development in the country. Animoca Brands said that it is advancing its digital property rights for gaming and the metaverse. The company also announced that Be Media will be in charge of forming partnerships with major Australian Brands as Animoca Brands aims to advance the emergence of the open metaverse and deliver digital property rights to online users via blockchain and NFTs. Be Media has already…

Top 10 Cryptocurrency to invest in 2022 | Top 5 Cryptocurrency 2022 | Neha Nagar

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Top 10 Cryptocurrency for 2021 | Neha Nagar Download Krypto App Android : Ios : In This Video i Have Discussed Top 10 Cryptocurrency for 2021. ✔️Disclaimer: This video is only for education purpose. Timestamps :- 00:00 – Introduction 00:56 – How to research about a Cryptocurrency ? 02:28 – Disclaimer 03:17 – Top 1 Crypto currency 03:55 – Top 2 Crypto currency 04:59 – Top 3 Crypto currency 05:26 – Top 4 Crypto currency 06:55 – Top 5 Crypto currency 08:25…

Ethereum price ‘bear flag’ could sink ETH to $2K after 20% decline in three weeks

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Ethereum’s native token Ether (ETH) has dropped by nearly 20% in the last three weeks, hitting monthly lows near $2,900 on April 19. But despite rebounding above $3,000 since, technicals suggest more downside is possible in the near term, according to a classic bearish pattern. Ethereum price ‘bear flag’ setup activated Dubbed “bear flag,” the bearish continuation signal appears as the price consolidates higher inside an ascending parallel channel after a strong downward move (called the flagpole). It resolves after the price breaks out of the channel to drop further.…

Cryptocurrency Companies May Face New Fees in New York

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New York may soon require licensed crypto firms to pay assessment fees. The New York Senate passed by 2023 budget on 9 April, granting the New York Department of Financial Services (NYDFS) to charge additional fees from crypto companies. Take Advantage of the Biggest Financial Event in London. ‘The expenses of every examination of the affairs of any person regulated pursuant to this chapter that engages in virtual currency business activity shall be borne and paid by the regulated person so examined, but the superintendent, with the approval of the…

Adoption in Argentina Grows, With 12 out of 100 Adults Having Invested in Crypto – Bitcoin News

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Argentinians are very interested in cryptocurrencies, according to a survey made by Americas Markets Intelligence. According to data sourced from the study, more than one in ten Argentinians have made some kind of crypto investment. Furthermore, 18% of the surveyed stated they had an interest in buying cryptocurrencies in the future. Crypto Adoption Booms in Argentina A report recently shared by Americas Markets Intelligence has shown significant growth when it comes to cryptocurrency adoption in Argentina. The survey, that was made last year by polling 400 different users…

Crypto exchange CoinDCX raises $135M funding to support Indian Web3

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Crypto exchange CoinDCX became India’s first crypto business to complete a Series D funding round, raising $135 million in support of various Web3 and crypto initiatives in the country.  The latest funding round resulted in CoinDCX doubling its valuation to $2.15 billion, which was led by Pantera and Steadview and saw participation from prominent investors including Kingsway, DraperDragon and Republic. Existing investors such as B Capital Group — a VC firm from Facebook co-founder Eduardo Saverin — Coinbase, Polychain and Cadenza also joined in on the oversubscribed funding round to…