Games Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit Gains

While digital currencies like bitcoin and ethereum lost roughly 10% in value during the last seven days, the decentralized finance (defi) economy has weathered the storm better than the top two leading crypto assets. A slew of blockchain games coins, defi tokens, and metaverse assets like gala, crypto.com coin, wax, kadena, wonderland, and avalanche have … Read more

Stablecoin Valuations Continue to Swell, MIM and MUSD Market Caps Increase by Triple-Digits in 30 Days

In mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the valuation has increased by 5.59% to $141.5 billion. While terrausd’s market cap jumped by 6.7% over the last month, the stablecoin DAI saw an increase of 27.3% in 30 days. The largest stablecoin by … Read more

The NFT Magazine Project Plans to Drop a Periodical in the Form of an NFT on Ethereum

On November 2, a non-fungible token (NFT) magazine is coming to the Ethereum blockchain called “The NFT Magazine” — a periodical publication containing articles and illustrations in the form of an NFT. The project, promoted by Advtech IT Solutions, has partnered with members of the Zilliqa, Algorand, and Bitcoin Cash blockchain communities, alongside Art Rights, … Read more

Vitalik Buterin Among Time’s 100 Most Influential People of 2021

Vitalik Buterin, a co-founder of Ethereum, the second-largest cryptocurrency by market cap, has made Time magazine’s list of the 100 most influential people of 2021. The programmer was listed as an innovator, and Time valued his ability to empower other creators with his continued support for Ethereum and all the things that its prime feature, … Read more

TIME Partners With Cool Cats NFT Project, Business Magazine Fortune’s NFT Sale Raises $1.3M

Two of the largest American news magazines, Fortune and TIME, have jumped headfirst into the non-fungible token (NFT) ecosystem in recent times. The New York-based multinational business magazine Fortune raised $1.3 million selling its first NFT collection this week. Furthermore, after selling NFT magazine covers, TIME has revealed the company is teaming up with the … Read more

Social NFT Project Nifty’s Raises $10M, Partners With Entertainment Giant Warner Bros

The Miami-based Nifty’s, Inc. announced the launch of the project’s website which aims to reveal a non-fungible token (NFT) social platform focused on gathering mainstream attention. The company has also revealed it raised $10 million in a seed round from well-known investors like A&T Capital, Polychain Capital, Ethereal Ventures, Liberty City Ventures, Dapper Labs, Topps, … Read more

Lifestyle and Entertainment Company Playboy Plans to Launch NFTs With Nifty Gateway

Playboy the American men’s lifestyle and entertainment magazine created by Hugh Hefner is joining the non-fungible token (NFT) craze. While the company used to mint Playboy collectible keys for fans to gain access to the mansion, Playboy now plans to offer collectibles in the cryptographic form. Playboy’s Chief Brand Officer: NFTs Present ‘an Enormous Business … Read more

American News Magazine Time to Accept Crypto for Subscriptions, Firm Auctions 3 NFT Covers

The American news magazine Time has revealed it is getting into the cryptocurrency and blockchain space, as a new job listing shows the 98-year-old publication is in search of a chief financial officer (CFO) who understands bitcoin. Additionally, Time will be selling non-fungible token (NFT) assets via Superrare and in 30 days, the news outlet … Read more

Markets Update: Leading Markets Break ATH Descending Trendlines

BTC price action has broken above a major long-term trendline stemming back to December 2017’s all-time highs. When looking at the 2014 – 2015 bear market, a similar move precipitated the final sell-off of the trend before price action moved into an accumulation pattern. BCH also appears to have broken above two major descending trendlines … Read more

Markets Update: Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline

The cryptocurrency markets have produced a slight retracement in response to bitcoin core (BTC) testing a long-term descending trendline dating back to December 2017’s record highs. The dip has seen bitcoin cash (BCH) slip back below $150, and BTC fail to hold above $4,000. As of this writing, ripple (XRP) has again overtaken ethereum (ETH) … Read more