The metaverse was a big deal when it was first proposed. In Neal Stephenson’s 1992 sci-fi novel, Snow Crash, the metaverse is a virtual copy of the real world that people can interact with by wearing special “data goggles.” Back then, the idea of the metaverse seemed quaintly optimistic. Nearly 30 years ago, it was hard to imagine how our online social interactions would become more extensive and diverse than in real life. And perhaps even more importantly—how they would...
Read More »Ethereum Price Analysis: ETH Gains Pace Above $3,200
Ethereum price started a fresh increase above $3,000 against the US Dollar. ETH price is now trading above $3,200 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $3,100 on the 4-hours chart (data feed from Coinbase). The pair could continue higher as long as it is above the $3,100 support zone. Ethereum price is showing positive signs above $3,120 against the US Dollar. ETH/USD could accelerate higher...
Read More »Ethereum Price Analysis: ETH Breaks Back Above 50-Day MA Following a 9% Weekly Surge
ETH/USD – Ether Breaks 50-day MA Key Support Levels: $3300, $3150, $3000.Key Resistance Levels: $3600, $3790, $4000.x Etheruem found support at $2770 (.786 Fib & 100-day MA) on Wednesday and has been increasing ever since. On Thursday, ETH managed to break a descending trend line as it passed the 20-day MA to reach the 50-day MA. Over the weekend, ETH continued above the 50-day MA as it broke resistance at $3350 reach as high as $3485. It has since rolled over and is now...
Read More »Bitcoin Consolidates Amid $48K: Terra (LUNA) Soars 20% to New ATH (Weekend Watch)
Following the past few days of marking gains, bitcoin has calmed a bit around the $48,000 mark. Some alternative coins have kept climbing, though, with Solana surging 8% and Terra jumping to a new all-time high after a 20% daily increase. LUNA Marks New ATH: Sol 8% Up The alternative coins have been on a roll in the past few days after the mid-week price drops. Ethereum had dipped to $2,900 following the latest Chinese Fud. However, ETH has reclaimed more than $500 since then...
Read More »Auch TikTok steigt in NFT-Markt ein
Nachdem Twitter seinen ersten Test mit NFTs angekündigt hat, scheint TikTok im Hintergrund bereits einen Schritt weiter zu sein. Diese Woche meldete TikTok, dass man schon am 6. Oktober dieses Jahrs ein NFT-Programm launchen wird. Crypto News: Auch TikTok steigt in NFT-Markt einIn einer offiziellen Pressemeldung heißt es, dass ein Creator NFT Launch kurz vor der Veröffentlichung steht. Etablierte Creator wie Gary Vaynerchuk werden ebenso daran beteiligt sein wie Musiker und Künstler (Grimes,...
Read More »A Month Later: Cream Finance Reports Recovering $16M of the Stolen Funds
Roughly a month after getting exploited for the second time this year, Cream Finance has reported that it has recovered more than $16 million of the funds. CryptoPotato reported on August 31st this year when the decentralized finance protocol Cream Finance suffered another security breach – this time, roughly $25 million in ETH and AMP were stolen. At the time, the team behind the project promised to investigate the manner and provide frequent updates. Now, approximately a...
Read More »Bitcoin Reached $48K: AXS Skyrockets 50% to New ATH (Market Watch)
Following yet another price surge in the past 24 hours, bitcoin neared and even briefly exceeded $48,000. The alternative coins are also well in the green, with ETH closing down to $3,300. However, AXS is the most significant gainer once more, with a 50% surge to a new ATH. Bitcoin Tapped $48K A lot can change in the cryptocurrency space in just a few days. Back on September 29th, bitcoin struggled with its third consecutive drop below $41,000. However, the bulls intercepted...
Read More »Third IEO Round for Advertisement Platform AdMonstar Underway
[PRESS RELEASE – Please Read Disclaimer] Following two successful rounds of token sales in their Initial Exchange Offering (IEO), the third fundraising round for blockchain-based advertisement platform AdMonstar is off to an exciting start. AdMonstar is seeking to change the fundamental principles by which digital advertising operates, using the power of decentralization to cut through third-party costs while delivering more meaningful engagement to advertisers. The AdMonstar...
Read More »TikTok to Begin Sale of First NFT Collection on Ethereum Layer 2 Solution
Popular social media giant TikTok has announced that it will be venturing into the non-fungible token (NFT) space by leveraging content from some of its top creators. The short video-sharing platform, which recently crossed 1 billion global users, said its NFT collection, dubbed TikTop Top Moments, will feature content from six “culturally” important videos from creators. Some of those names included Lil Nas X, Rudy Willingham, Bella Poarch, Curtis Roach, Brittany Broski, FN...
Read More »Deutsche Bank Is First Enterprise to Compare Ethereum to “Digital Silver”
According to Deutsche Bank, Ethereum – the world’s second largest digital currency by market cap – is taking on the form of “digital silver.” Ethereum Is Growing in Popularity We have been hearing for years that bitcoin – the world’s primary virtual currency – is “digital gold.” Often, gold and bitcoin are compared as one and the same, and yet as of late, the currency has been falling thanks to growing scrutiny in China. The eastern nation has ruled that all crypto...
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