Cryptocurrency Analysis and News Portal
The crypto market is once again in the red on Feb. 2 as global financial markets continue to see increased volatility. Data from Cryptox Markets Pro and TradingView shows that after spending the morning hovering around $38,200, BTC was hit with a wave of selling that pushed the price to $36,800.BTC/USDT
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Deutsche Bank initiated coverage of metaverse play Matterport with a buy rating, calling the company a leader in the digitization of the built world.The bank's analysts led by Bhavin Shah started coverage on Tuesday with a price target of $14, implying a 46% upside from the recent close.Matterport’s technology platform
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press release PRESS RELEASE. GemUni, a Decentralized NFTs Gaming Platform for Play To Earn, has announced that its upcoming Initial DEX Offering (IDO) will be conducted on three launchpads GameFi, Red Kite, and KrystalGO on January 19th. GemUni is building a Decentralized NFTs Gaming Platform for everyone around the world
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Competitive drone racing is joining the play-to-earn party.Drone Racing League (DRL) and Web 3 game developer Playground Games have tapped Algorand’s blockchain to create the first play-to-earn drone game in the metaverse, announced by the league on Wednesday.The details for the game itself have yet to be determined – a
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FTX founder and CEO Sam Bankman-Fried, also known as “SBF,” rounded off 2021 on an optimistic note. SBF waxed lyrical about the crypto market’s state in 2021 while revealing the roadmap for FTX in 2022 in a Twitter flood.In his view, there are three keystones to industry progress in 2022:
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Chingari has emerged as the most popular social media app in India, with more than 32 million active users. It is a short video creating and sharing app and is fast gaining traction in this segment, emerging as a contender to Instagram reels. Developed by Sumit Ghosh, Deepak Salvi, Aditya
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SPACE Metaverse, a virtual world for arts and commerce, has raised $7 million from investors including Dapper Labs, CoinFund, Animoca Brands and more.The funding will be used to build and join various metaverses into one parallel society and “build the economic backbone of the metaverse,” according to a press release.Other
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A minister in the Nigerian government has called on authorities in the country to consider regulating cryptocurrencies instead of clamping down on them. The Law Does Not Stipulate Who Regulates Cryptos In what appears to be a rebuke of the Central Bank of Nigeria (CBN) over its stance on cryptocurrencies, a
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Bitcoin (BTC) is often used to criticize all blockchain-based projects. This is understandable since Bitcoin was the first project to use a blockchain, is arguably the most recognizable and is the largest cryptocurrency by market cap.In the first half of this article, I will use Bitcoin as a proxy for
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Gaming is a popular pastime activity among over two billion people. It’s so popular that the gaming industry is now valued at $173.70 billion with estimates suggesting that it will sit atop the quarter trillion dollars mark in the next five years. Sadly, despite this massive growth trajectory, the industry has
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