Month: July 2022

Comic-Con guru explains why storytelling is the key component for successful NFT projects

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In the most recent episode, Comic-Con legend, Gareb Shamus discusses how he has used storytelling to build engagement and a “maker world” which grows and strengthens communities. What started off as a newsletter about comics, founder Gareb Shamus’ passion project, ultimately became known to the world as Wizard magazine. According to Shamus, Wizard magazine was the outlet in which he could “create a voice” and share with his friends about the things he had discovered and was excited about. Shamus touched on the importance of building elements of engagement and…

How a Presale Ethereum Wallet Containing 1000 ETH Was Recovered by KeychainX – Sponsored Bitcoin News

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sponsored An Ethereum enthusiast contacted KeychainX a few months ago with a unique story. He was a part of the Ethereum pre-sale in 2014 and amassed a fantastic 1000ETH today worth about 4 million USD for a mere 300USD – an astonishing 13000x increase in value. The story began when Alex sent the KeychainX team a question about whether if the team dealt with damaged wallets. Alex suspected the wallet to be corrupt or the encryption to be wrong, as he had the password saved in Splash ID together with…

Despite ‘worst bear market ever,’ Bitcoin has become more resilient, Glassnode analyst says

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While the current bear market may be the worst on record, on-chain metrics signal that the Bitcoin (BTC) network is becoming increasingly resilient, said Glassnode analyst James Check during a recent interview with Cointelegraph.  In particular, Check refers to the amount of Bitcoin holders who don’t sell even in extreme market conditions, which has become much higher than in previous bear markets.  “Cycle after cycle, that floor of hodlers is higher, the amount of activity is higher,” Check said. Check also points out that shrimps, the entities who hold less…

Bitcoin risks new lows as $20K looms amid dollar euro parity

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Bitcoin (BTC) headed for $20,000 after the July 11 Wall Street open amid fresh warnings to “prepare for new lows.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $20,300 eyed as next support zone to hold Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to recover losses that had immediately followed the weekly close at $20,850. The pair had nonetheless locked in its best week’s gains since March, these nonetheless apt to unravel as market uncertainty lingered. For on-chain analytics resource Material Indicators, the level to watch was a…

Rebase Token Economy Dropped From $8 Billion to $577 Million in 7 Months – Markets and Prices Bitcoin News

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Seven months ago, the top rebase crypto tokens by market capitalization were collectively worth $8.03 billion and since then, the entire rebase token economy has lost more than 92%, dropping to $577 million. Olympus has dropped 99% since the asset’s all-time high (ATH), klima dao shed 99.9%, and wonderland is down 99.8% from its ATH. Elastic Rebase Tokens Fall Short of Expectations, Sliding 92% Since November 2021 Last year when the bull run started, rebase tokens were becoming extremely popular and their fiat values jumped a great deal toward the…

G20 regulator to present global crypto rules in October 2022

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The Financial Stability Board (FSB), a global financial regulator including all G20 countries, is preparing to propose international regulations for cryptocurrencies and stablecoins in October. The FSB on Monday issued a statement on the international regulation and supervision of crypto asset activities, announcing a major crypto regulation effort. The watchdog is planning to report to the G20 finance minister and central bank governors in October 2022 on regulatory and supervisory approaches to stablecoins and other crypto assets. By that time, the FSB targets a public consultation report on the review of…

Ways To Stabilise Volatile Crypto Market | Coffee & Crypto

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today’s Coffee & Crypto explores the two best ways to stabilise the volatile cryptocurrency market, namely buyback and burn. While buyback removes crypto assets from circulation to adjust availability and can buy them back, coin burning is the act of sending tokens to an unusable wallet address, where they are lost forever. Founder and CEO of Bru Finance Ashish Anand and Chief Blockchain Architect at Wrapped Asset Project Rohas Nagpal explain these two terms further, and how they can be best employed…

3 reasons why Solana can repeat Ethereum’s 2018 fractal to 5,000% gains

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Solana (SOL) still has room to fall in the near term, but SOL/USD can rally 5,000% if it follows in the footsteps of its top rival Ethereum.  That Ethereum 2018 fractal SOL risks dropping to $15 on anticipations it would behave like Ethereum during the market crash in 2018. Notably, Ethereum’s native token Ether (ETH) price fell to nearly $79 in December 2018 after undergoing a 95% correction earlier that year from its peak of $1,529. Afterward, it underwent a long recovery, rising nearly 6,000% over the next four years…