Day: April 8, 2023

NFT Sales Rise 7.28% to $179.64 Million in 7 Days, Nakamigos Takes the Top Collection Spot  – Bitcoin News

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Sales of non-fungible tokens (NFTs) increased this week, with $179.64 million in sales over the last seven days. NFT sales rose 7.28% and transactions grew by 2.29% during this period, but the number of digital collectible buyers decreased by 4.34%. NFT Sales Improve This Week, Rising 7.28% Higher Sales of non-fungible tokens (NFTs) have trended higher this week, increasing by 7.28%, with $179.64 million in sales recorded over the past seven days. Of the total sales, $111.62 million, or 62.35%, came from NFT sales on the Ethereum blockchain, cryptoslam.io stats…

How will the Shanghai upgrade impact ETH price? Expert explains

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While it may have some short-term negative impact on the price of Ether (ETH), the upcoming Shanghai upgrade will be extremely bullish for Ethereum’s native token, as it will attract more capital to staking and increase the network’s security, according to Ethereum researcher Vivek Raman.  The Shanghai upgrade, scheduled for April 12, will allow network validators to withdraw funds that have been locked to secure the network since December 2020. The upgrade will complete the network’s transition to a proof-of-stake system, which started last October with the Merge. Around 18…

ETH price set for more gains versus Bitcoin in April

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Ethereum’s Ether (ETH) token dropped by over 7.5% in its Bitcoin (BTC) pair in 2023. But ETH/BTC may wipe its year-to-date (YTD) losses entirely in April as Ethereum’s long-awaited Shanghai hard fork is just days away. The upgrade is set for April 12, enabling Ethereum stakers to withdraw around 1.1 billion ETH in rewards — worth over $2 billion as of April 8.  ETH price undergoes key technical bounce Many experts see the hard fork as bullish for Ether in the long term. For instance, the Shanghai buzz has helped Ether…

Paxos’ hopes of becoming a national bank die, application for charter expires

Details from the United States Office of the Comptroller of Currency (OCC) show that Paxos’ application for a national banking charter, under “2020-NE-Charter-318305”, expired on March 31. Paxos national banking charter application expires Paxos, a stablecoin issuer regulated by the New York Department of Financial Services (NYDFS), had applied for a license under the Charter National Bank Under Holding Company (Trust Bank).  The OCC received the application on Dec. 8, 2020, and gave them the “preliminary conditional approval” on April 23, 2021. However, by the time the application expired on March 31,…

How Polygon Emerged As The 2nd Largest Gaming Blockchain In March

Polygon, Ethereum’s layer-2 scaling solution, is swiftly emerging as a powerhouse in the gaming industry, thanks to a rise in user activity on its network. Polygon had a 53% growth in daily unique active wallets (dUAWs) last month, reaching 138,081 in March, making it the second-largest blockchain gaming network in terms of UAWs, according to DappRadar. Polygon’s expansion in the game business is important, given the company was originally recognized for its DeFi dApps. In March, the network surpassed Hive to take second place, a positive indication for Polygon as it develops…

Biggest Movers: ADA Extends Gains, as SOL Consolidates on Saturday – Market Updates Bitcoin News

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Cardano rose for a second straight session to start the weekend, as the token continued to move away from a key price floor. Cryptocurrency markets were marginally higher in today’s session, with the global market up 0.56% as of writing. Solana continued to consolidate on Saturday. Cardano (ADA) Cardano (ADA) rose for a second consecutive session, as the token moved away from a recent support point. Following a low of $0.3783 on Friday, ADA/USD jumped to an intraday peak at $0.3902 to start the weekend. As a result of the…

Proposal to integrate Chainlink’s low-latency oracles in GMX v2 forwarded

GMX, the decentralized crypto derivatives exchange that supports up to 50X leverage trading of bitcoin (BTC), ethereum (ETH), and other liquid assets, may soon integrate Chainlink’s low latency oracles into v2. GMX DAO proposes to integrate Chainlink’s low-latency oracles In the proposal, a user wants the GMX decentralized autonomous organization (DAO) that manages the cryptocurrency derivatives platform, to incorporate Chainlink oracles into GMX v2 and be Chainlink’s exclusive launch partner. The GMX v2 beta on Arbitrum, a layer-2 scaling solution on Ethereum, a smart contracting platform, has incorporated Chainlink’s low-latency oracles.…

Bitcoin traders expect ‘big move’ next as BTC price flatlines at $28K

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Bitcoin (BTC) reduced its narrow trading range even further into April 8 as risk assets waited for fresh catalysts.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hopes for BTC price “impulse” to follow sideways action Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $28,000 on Bitstamp. The pair continued sideways behavior into the weekend after the Wall Street trading week offered few surprises. Despite calls for $25,000 and $30,000 to enter as near-term targets, increasing order book liquidity either side of spot price appeared to offer the…

How to use ChatGPT to learn a language

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ChatGPT is a powerful tool for language learners looking to improve their skills in a new language. Learners can develop a solid foundation in their target language and increase their self-assurance by utilizing ChatGPT to practice conversation, study vocabulary, sharpen their writing skills, practice pronunciation, and read and comprehend texts. However, it’s crucial to keep in mind that ChatGPT is just one tool among many and that nothing can substitute consistent language use and immersion. Here are some tips on how to use ChatGPT to learn a language: Practice conversational skills…

BTC Back Above $28,000 on Easter Weekend – Market Updates Bitcoin News

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Bitcoin was back above $28,000 on Saturday, as markets continued to react to the latest nonfarm payrolls (NFP) report. Figures released on Friday showed that 236,000 jobs were added to the U.S. economy last month. Ethereum was also back in the green to start the weekend. Bitcoin Bitcoin (BTC) surged back above the $28,000 level on Saturday, as markets continued to react to the latest NFP report. Payrolls came in at 236,000, which was marginally lower than the 240,000 sum many were anticipating. BTC/USD rose to an intraday high of…