Month: June 2022

Michael Saylor says MicroStrategy’s Bitcoin Strategy Factors in Volatility and its Balance Sheet is Structured to Keep Hodling BTC

boss

Key takeaways: Michael Saylor has explained that MicroStrategy’s Bitcoin strategy factors in crypto market volatility. He also added that MicroStrategy’s balance sheet is structured so that the company can continue to hold BTC through adversity. Mr. Saylor’s comments come in the wake of Bitcoin slipping below the magic $21k price level that has been highlighted as an area for MicroStrategy to receive a margin call on its $205 million loan. Michael Saylor has stated via Twitter that MicroStrategy’s Bitcoin strategy was designed to factor in crypto volatility such as the…

VENT Finance Expands Crowdfunding Access With WingRiders General Pool Sale

boss

WingRiders’ native $WRT token is up for grabs in what will be the first General Pool Sale on the VENT Finance launchpad. The GPS sale is designed to reduce the barrier to entry and encourage more investors to participate in the WingRiders project, which is looking to establish itself as a top decentralized exchange on the Cardano blockchain. WingRiders is an automated market maker-based DEX on Cardano that utilizes a unique extended unspent transaction model that’s said to provide a more reliable and versatile environment for executing multiple transactions, with…

Chingari Revamps The Creator Economy With Unique Engage-To-Earn Concept

boss

The biggest champion of cryptocurrency in social media, Chingari, is now offering an income stream to millions of creators and users of its short video sharing app. India’s TikTok clone has just announced that its GARI Mining program is now live, meaning creators and users of the platform have a way to earn cryptocurrency from doing what they love – creating funny videos, watching them and sharing their favorites with other users. Under the program, Chingari users will be able to obtain rewards, paid out in $GARI tokens, by completing…

Coinbase Triggers Explosive Rally for Ethereum-Based Altcoin As Exchange Announces Support for New Crypto Assets

boss

One altcoin focused on privacy and scaling solutions is surging after being added to top US crypto exchange Coinbase’s roster of assets. In an announcement, Coinbase says Marlin (POND) will start trading on Coinbase Pro paired with Tether (USDT) once appropriate liquidity conditions are met. Marlin is a high-performance “layer-zero” blockchain network that’s geared toward delivering high-quality infrastructure for the decentralized web. Calling itself “the unglamorous underbelly of the decentralized economy,” Marlin seeks to provide solutions for scaling and user privacy. The Marlin Foundry offers users the ability to leverage bandwidth…

EU commissioner reiterates need for ‘regulating all crypto-assets’

Mairead McGuinness, the Commissioner for Financial Services, Financial Stability and Capital Markets Union at the European Commission, is moving forward with a discussion on regulating cryptocurrencies amid three major events in the space. In written remarks for a speech in Brussels on Tuesday, McGuinness said the Celsius Network’s recent suspension of withdrawals, as well as the crash of Terra (originally LUNA, now LUNA Classic, or LUNC), show the need for crypto-asset regulation in the European Union. She added that ongoing concerns about crypto potentially being used to circumvent sanctions on Russia…

Blue Chip NFTs 101 – Let’s Travel To Space With The Doodles Collection

boss

Veterans of the NFT big leagues, the Doodles let the CryptoPunks and Bored Apes take the spotlight and have been constantly working behind the scenes. Even though they’re not a worldwide brand like the other two, everybody’s seen the Doodles. They just don’t remember when or how those little drawings. Don’t let that fool you, though. The collection’s total sales are  $496M, according to CryptoSlam. So far.  The generative collection consists of 10,000 Doodles that “are made up of hundreds of exciting visual traits designed by Burnt Toast” AKA Scott…