Daniele Sestagalli discusses Wonderland’s future after QuadrigaCX co-founder dox
“Some people said Wonderland should just be wound down and funds be given back to token holders. I believe this is the easy way out,” says Sestagalli.
“Some people said Wonderland should just be wound down and funds be given back to token holders. I believe this is the easy way out,” says Sestagalli.
SAND’s 40% rally follows a two-month-long correction that wiped out nearly 70% of the token’s market valuation.
[FIRSTLY LET ME APOLOGISE THIS POST WAS BOOTED OFF OF /r/NFTs BECAUSE OF THEIR SHITTY AUTO MOD] Rather new to the NFT space. Soon I will be going in on a public sale on a very popular project that is likely to sell out in less than a minute. I want to higher my chances…
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Thousands of new bitcoin millionaires were added this past year after the multiple rallies the digital asset saw. At its peak, it only required 14.5 bitcoins for a holder to be a BTC millionaire, much lower than it had ever been in the past. Due to this, the number of bitcoin millionaires rose quickly and tens of thousands of new millionaires were added to the tally. Now, however, with the recent price crash, a lot of bitcoin millionaires have lost their millionaire status. Given that the digital asset has lost almost 50% of its all-time high value, the number of millionaires has dwindled greatly in a short period of time. There Are 30,000 Less Bitcoin Millionaires When bitcoin hit its $69,000 all-time high, the number of bitcoin millionaires shot up quickly. For the first time, there were over 108,000 BTC millionaires given the low number of coins required to reach the millionaire status. All was well for a while and these 108,886 addresses kept their millionaire status. That is until the market crash that began in December 2021 and carried well into January of the new year. BTC trending at $37,000 | Source: BTCUSD on TradingView.com In the next two months, the price of BTC would suffer greatly and by extension, these bitcoin millionaires would be hit hard. This was exactly the case as about 30,000 BTC were no longer millionaires in the span of two months. At last count, the number of BTC addresses that held at least a million dollars worth of bitcoin had crumbled to 80,409. Related Reading | ‘Bitcoin Rush’: Small-Time Solo Miners Strike Gold With Full BTC Blocks Bitcoin whales with larger balances also suffered due to the crash. These whales who held more than $10 million at the time of the peak were cut down by 40%. The number had fallen from its high of 10,587 to 6,960 as of today. Who’s Holding? Who’s Not? With any market crash, there will always be those who scramble to cash out their holdings due to fear of further downtrend. This has been the case with bitcoin. Liquidations did not help matters either as almost $1 billion in liquidations were recorded following the market crash. Nevertheless, there are those who hold their bitcoins through thick and thin, bear market or bull market. Related Reading | Anthony Scaramucci Urges Bitcoin Holders To Think Long-Term As Downtrend Won’t Last BTC still possesses one of the highest holder rates in the crypto space. More than half (59%) of all BTC holders have been holding their coins for more than a year, a very impressive number given that the digital asset had touched multiple all-time highs in the past year. Holder sentiment still remains largely skewed towards bullish and accumulation patterns, especially among whales, are ramping up in recent times. Of the entire bitcoin in circulation, whales hold 10% of that supply. This number is always inching up as more big players enter into the market and try to hold a larger share than their competitors. Featured image from Live Trading News, chart from TradingView.com
Representative Ted Budd stated that the provision would let the Treasury unilaterally prohibit certain financial transactions without public input.
I understand that in PoS there is no mining, but rather there is validators, who are selected at random, with chances varying proportionally to the size of their stake. The validator gets chosen at random, they validate the transactions, then these transaction gets verified by other nodes to make sure it's not fraudulent, and the…
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Hey guys I posted about this project earlier and now it's finally ready for beta. We've added some features like OpenSea API integration, log in with MetaMask, PayPal payments, and automatic dApp website deployments (it was quite a pain with Netlify but we did it). Would appreciate all the feedback I can get and feature…
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Elevate Brands announced today its “Cash or Coin” acquisition program and integration with Coinbase Prime. As per industry observations, Elevate Brands is always looking for ways to make its acquisition and operating processes more efficient. They announced today that they would be integrating with Coinbase Prime to receive payment in bitcoin or other cryptocurrencies. It should help them conserve money by not having upfront costs when acquiring products from the Amazon marketplace. This innovative new strategy enables Elevate to capitalize on opportunities in the crypto space and offers investors unprecedented access. Ryan Gnesin, CEO of Elevate Brand, said; “We’re excited to be at the forefront of Amazon’s new digital age, and we believe that cash or coin will make it easier than ever for consumers who want access into cryptocurrencies” He further added; “Integrating with Coinbase Prime gives us an edge in bringing our brands closer towards achieving this goal.” Nick Eary sold his company last year to Elevate. He will receive his bitcoin payouts next month. Sellers who get paid directly through the Coinbase Prime account benefit from lower fees or high volume limits and can access features not available on other platforms. Nick said with excitement in an interview about Elevate’s first crypto payee: “When I sold my business, I had planned to allocate some of the funds to bitcoin. The fact that I could be paid in crypto instantly through Elevate made investing a much simpler process.” Elevate Offer Bitcoin Payouts For Referral Program In a move that could be the start of many more crypto-based incentive programs, Elevate has recently introduced its new referral program. Anyone who refers a business to Amazon that they successfully acquire is eligible for up to $500K in cash or equivalent blockchain-based cryptocurrency (i.e., Bitcoin). Empowery ECommerce Cooperative received the first referral payout in Bitcoin. Empowery founder Steve Simonson stated that Elevate’s Cash or Coin Program came at just in time. In his words, “Luckily we found the perfect way to learn more about cryptocurrency. We know it will be an exciting year, with many changes already happening. So we decided on Coinbase Prime as our crypto holder.” Elevate’s team is making waves in the Amazon market. The company, which has rapidly grown its portfolio of private-label goods through deals and acquisitions over last year alone, has raised $370 million from leading global institutional investors and acquired 32 brands at a pace of 3-4 per month. The firm has grown by more than 500% since it opened its second headquarters in Austin, Texas. Elevate Brands is a company that specializes in launching products on Amazon. They are currently ranked among the top 100 sellers of all time, and own 32 private label brands, including Sqribble bedding accessories for millennials. Featured image from Pixabay, chart from TradingView.com