Author: dfmines

Cryptocurrency News and Public Mining Pools

What is your favourite thing to talk about when it comes to crypto?

Most of us are passionate about crypto and love having conversations about it… hence why we are in this sub. However, what is your favourite thing to talk about? For me, it’s the projects i’m passionate about. I won’t mention this so no one can accuse me of shilling, but I enjoy conversations about what…
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OCC issues order against Anchorage Digital over AML compliance

The bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set up federally regulated digital asset banks.

Aussie media company goes all in on NBA fan engagement with NFTs

Australian basketball media company, Basketball Forever is using NFTs to massively increase fan engagement.

Daily Discussion – April 22, 2022 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer and rules before participating.   Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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Ethereum (ETH) Accepted In First Crypto-Car Sale by Jeff Wyler Automotive Family

submitted by /u/Solodeji [link] [comments]

Yieldly… At what point do you declare a coin / token dead?

Titles says it all. I've been following Yieldly, a token on the Algorand blockchain, since last August. I was incredibly bullish on it back then, as I was for everything to do with the Algorand ecosystem. However, after a series of missteps, bad comms, and sketchy incidents from the devs, around Dec-Feb, I lost all…
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Analyst suggests swing trading Bitcoin is the best move as BTC price dips below $40K

Bitcoin’s breakout above $42,000 was short-lived, leading some analysts to suggest that swing trading BTC’s range is the smartest move for now.

Metrics Show Decentralized Exchange Volumes Continue to Slide This Year

Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this month’s dex volumes will likely be much lower than in March. […]

The Top 5 Most Valuable NFT Collections And A Tool To Track Them Down

Some of these NFT collections are so ever-present that they are already part of the collective unconscious. Others, the general public has not even heard about.  What makes an NFT collection valuable? Market capitalization is the potential value of the whole collection, based on its size and the value of the individual pieces. In the case of NFTs, it’s hard to pinpoint, because it’s a volatile market with lots of action all-day-every-day. Agreeing on which are the most valuable #NFTs collections is certainly hard. We created a matrix called “Most Valuable NFTs Collections” and it shows the 20 most valuable collections, sorted by their market capitalization. Access this data for free here: https://t.co/wXJyMCmRBD pic.twitter.com/PyzbPMDKCk — IntoTheBlock (@intotheblock) April 21, 2022 When IntoTheBlock announced their list, they presented it by saying, “Agreeing on which are the most valuable NFTs collections is certainly hard.” Besides market capitalization, the “Most Valuable NFT Collections” list tracks number of owners, volume trade, average price, and number of sales. All of those stats are pretty common when discussing NFTs, but it’s certainly helpful to have them all on an interactive database. The page also displays useful graphs that put everything into perspective, like “All-time Most Traded Collections,” “Collections With Most Unique Owners” and “Booming NFT Collections.” With that being said, let’s dive into each of the collections in the Top 5 and give some insight about them. #1 NFT Collection: Bored Ape Yacht Club At the moment, the BAYC surpassed the all-powerful Cryptopunks as the most valuable NFT collection. This is not surprising, since the Bored Apes became part of popular culture and are on their way to becoming mainstream. On their official site, they describe themselves as “A limited NFT collection where the token itself doubles as your membership to a swamp club for apes. The club is open! Ape in with us.” As with most successful products, the Yuga Labs creation doesn’t come without its share of controversy.  #2 Cryptopunks They might not have been the firsts, but the Cryptopunks are certainly responsible for spearheading and popularizing the NFT movement. At first, you could mint them for free. Nowadays, the average price is 76.64 ETH. On their official site, they describe themselves as “The Cryptopunks are one of the earliest examples of a “Non-Fungible Token” on Ethereum, and were inspiration for the ERC-721 standard that powers most digital art and collectibles.” The creators recently sold the whole collection to Yuga Labs. And, of course, controversy follows this project as well. And, they’re also on their way to mainstream adoption. ETH price chart on Capital.com | Source: ETH/USD on TradingView.com #3 NFT Collection: Mutant Ape Yacht Club At first, these ones were free as well. They came into the scene as a way to reward BAYC members. Owners received an airdrop of “Mutant Serum,” using it they could mint a mutant version of their ape as a completely new NFT. Nowadays, the average price is 32.99 ETH. They don’t have an official site, but this is the NFT collection’s Open Sea page. As you can see by its place on this list, the interest in this collection keeps growing. #4 CloneX The collaboration between legendary Japanese artist Takashi Murakami and “digital artifacts” creator RTFKT is a success like no other. This might have to do with Nike’s recent acquisition of the company. The NFT collection ’s official site doesn’t describe itself, but NFT News does, “CloneX NFT collection is not only equipped for the Metaverse and features high-end avatars, but also marks the beginning of a community-focused environment ” #5 NFT Collection: Moonbirds The newcomer of the bunch is the Moonbirds NFT Collection. Their official site describes them as, “a collection of 10,000 utility-enabled PFPs that feature a richly diverse and unique pool of rarity-powered traits.” Since they’re so new, they’re easily beating all of the other collections in number of daily sales. Of course, the NewsBTC team has been covering the story as it happens. Other NFT collections in the Top 10: Azuki, Sandbox’s LANDs, Doodles, Veefriends, and Meebits. Featured Image: the most valuable list, taken from this tweet | Charts by TradingView