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“# Celebrities are embracing NFTs in a big way ” The nonfungible token (NFT) market is growing. According to a new report by analytics platform DappRadar, NFT trade volume soared past $10 billion during the third quarter of 2021, a sevenfold increase from the previous quarter’s figure. Although a significant slice of that action comes…
“# NFT hype isn’t cooling down as Coinbase and FTX only dive deeper ” Nonfungible tokens (NFTs) and the marketplaces they trade on have been the talk of the cryptoverse for a while now. Even amid the peak of the bull run, the hype for NFTs is not decreasing. It is arguable to say that…
“# Aavegotchi (GHST) gains 50% as ‘Gotchiverse’ auctions set a path to the Metaverse ” The world of decentralized gaming has seen significant growth in 2021 as the rise of play-to-earn (P2E) gaming merged with NFTs to open the first pathway to the Metaverse. Aavegotchi is currently making inroads in the blockchain-based gaming sector with…
https://s3.cointelegraph.com/audio/75219.ddf8bc97-4041-40fe-89f2-7d0f89fe5d90.mp3 2021 has been a breakout year for the cryptocurrency sector, as the passage of the first Bitcoin (BTC) exchange-traded fund (ETF) is a sign that crypto is becoming more mainstream and has the potential to lead to an increase in investors’ exposure to BTC.The influx of new participants into the market throughout the year…
“# Axie Infinity, Decentraland and ‘metaverse’ cryptos rally after Facebook rebrands to Meta ” Facebook’s decision on Oct. 28 to rebrand itself to Meta — to indicate its plans to build an avatar-filled metaverse — helped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects. Decentraland, a virtual place with its own economy, currency…
“# Meme coin mania triggers triple-digit gains from Binance Smart Chain-based altcoins ” This week’s surge in popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) could be signs that the good times are back and a quick glance at crypto Twitter shows a long list of tweets where aspiring traders discuss buying Lambos,…
“# XDEFI Wallet integrates Terra and launches liquidity program ” XDEFI Wallet, a browser-based service for DeFi and NFT assets, has officially integrated the layer-1 blockchain protocol Terra on its platform following a number of weeks of testing and development. With the addition of Terra, the platform now supports 9 blockchain networks including Bitcoin, Ethereum,…
“# FATF includes DeFi in guidance for crypto service providers ” Decentralized finance, or DeFi, continues driving more interest from regulators and is becoming a part of the major international rules designed for virtual asset service providers, or VASPs. On Thursday, the Financial Action Task Force, or FATF, issued a new update to its 2019 guidance…
“# Nifty News: Wolf snaps up Punk, Disney NFTs, Economist mag cover fetches $422K… ” The wolf of nonfungible streets Erstwhile crypto skeptic Jordan Belfort has bravely outed himself as an NFT proponent amid the booming growth of the sector in 2021. Belfort is known for his dodgy antics while working as a stockbroker on…
“# Mask Network, 1inch and Shiba Inu ignore Bitcoin’s downtrend, posting 20% gains ” The cryptocurrency market is back on the rocks on Oct. 27 as many of the top assets find themselves in the red on the day after Bitcoin (BTC) price dropped to $58,000 in the early trading session. Despite the wider struggles of…