Meanwhile, the two largest cryptocurrencies by market capitalization, bitcoin and ether, were recently down roughly a percentage point to hold their most recent support. Bitcoin (BTC) was trading just below $23,000, while ether (ETH) was changing hands above $1,650. The CoinDesk Market Index which measures the overall crypto market performance was also down 1.4% for the day. Source
Whether their bravado should extend to crypto is up for debate. Walter Teng, vice president of Digital Asset Strategy at Fundstrat Global Advisors, said in a Twitter message with CoinDesk, “Seems like [FOMO], boredom, degeneracy, wanting to make it back.” Source
The partnership, which will take the Solana-native platform multi-chain, is scheduled to launch in the second quarter this year. The version of the Chingari app that will launch in Aptos will boast a “more scalable experience with newer products,” according to the blog. Legacy support for Solana-based Chingari users will remain, however. Source AppAptosBlockchainChingariGARIIndianPartnerssocialSurgesTokenWeb3 CryptoX Portal
The partnership, which will take the Solana-native platform multi-chain, is scheduled to launch in the second quarter this year. The version of the Chingari app that will launch in Aptos will boast a “more scalable experience with newer products,” according to the blog. Legacy support for Solana-based Chingari users will remain, however. Source link
February 8, 2023 – Los Angeles, California Blockchain platform ReserveBlock has announced that its native asset will be listed on BitMart. The RBX market will open for trading on BitMart’s crypto exchange on February 8, 2023. The event follows recent listings on Bitrue and Deepcoin. RBX secures ReserveBlock’s open source network and used to validate the PoA (proof-of-assurance) consensus on the decentralized tokenization layer one protocol. Its listing on BitMart will make RBX available to a global audience while increasing access to ReserveBlock’s growing ecosystem. To mark the event, ReserveBlock…
Chiliz, the blockchain-based sports token that allows fans to own tokens tied to respective teams, has validated the genesis block of its new layer-1 blockchain. Source
The utility token of Render Network has jumped 80% over the past seven days following the passage of a new tokenomics model proposal on the network. Source
Some analysts also attributed GRT’s rally to its link to Artificial-Intelligence (AI) related tokens, which have been surging recently due to the ChatGPT effect. CoinMarketCap’s rankings of the “most valuable AI and big data crypto projects and tokens” currently has The Graph as the leading platform in market capitalization. According to Pablo Jodar, a crypto analyst at GenTwo, “I think it is linked to the rally on AI stocks, due to the chatgpt effect.” Source
Prominent crypto exchange platform Huobi has listed a new altcoin project backed by the debt of FTX users, according to a new company announcement. Huobi says it is supporting the token FTX Users’ Debt (FUD) with the approval of Justin Sun, a high-ranking advisor to the exchange and the founder of Tron (TRX). Crypto exchange FTX went bankrupt last year. Its executives were accused of defrauding investors and mishandling billions of dollars worth of user funds. According to crypto creditor and FUD issuer DebtDAO, the tokens will debut with a…
If all goes to plan, the proposal sees an increase in Alchemix’s CRV and CVX revenue generated by its alAsset trading pools, currently projected around $300,000 a month. This revenue is what will partly fund the new buyback and bribe program. Previously, Alchemix sent half of its “harvest” to its treasury and staked half into Curve and Convex, but now those levels drop to a third. Source