Author: dfmines

“High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich,” said Senator Warren.

According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is still down after a technical glitch. Solana’s Network Stalls In recent times, solana (SOL) joined the top ten crypto assets by market valuation and today, […]

Making its way up to the higher levels of its current range, Bitcoin records a 5.6% profit in 24 hours. BTC’s price took a heavy loss, as the implementation of its legal tender status in El Salvador became a “buy the rumor, sell the news” event. At the time of writing, the first cryptocurrency by market cap trades at $46,529 with an 11.8% loss in the 7-day chart. Previous to this event, Bitcoin made a quick move to the $52,000 zone. This moved the Fear & Greed Index back to the green area, as the general sentiment in the market turned bullish. Related Reading | TA: Bitcoin Topside Bias Vulnerable If It Continues To Struggle Below $46K According to a recent Arcane Research report, the Index has flipped red, back to fear levels once again. Bitcoin has experienced a week of volatility, mostly to the upside, but the violent bearish price action has made investors fearful, as seen below. Arcane Research found that most of the action is taking place in the derivatives sector. The BTC Spot to Futures Volume indicates a decline in the trading volume for the spot market. This doesn’t necessarily suggest a rise in the trading volume for futures, but a steady dropped in spot trading over a period of 5 months, as derivatives trading volume remains stable. As NewsBTC reported, much of the recent price action and volatility is related to an increase in over-leverage positions for futures. This correlates with periods of bearish momentum, retail futures traders fuel the liquidation cascade that leaves the crypto market open for downside risk. Two Possible Scenarios For Bitcoin As Fear Re-Enters The Market On the other hand, analyst Ben Lilly from Jarvis Labs recently examined Bitcoin’s price action. The cryptocurrency has been trading in a crap-like PA indicating before yesterday’s sudden move to the upside and downside, almost immediately. This corresponds with an increase in liquidity around those levels. Thus, Ben Lilly argued that market movers or large players attempt to push BTC’s price into a specific direction to grab the liquidity and eventually exhausted. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course The market is currently at that stage, as seen below, “bone dry” out of liquidity. In this case, the analyst recommended trading in the spot market, as derivatives could continue moving without a clear direction. This is the best-case scenario, a sustain crab-like PA for a few weeks, as Bitcoin prepares for another retest of the $50,000 mark. Before that, the market could see another sweep at yesterday’s low: And this scenario is currently the one we are leaning towards. Meaning we think a retest of $42kish might be in the cards. The worst-case scenario could occur by the end of this month with a return to BTC’s previous range in the $30,000 mid-area. Ben Lilly said: This type of price action would be vicious. It will create a lot of liquidity lower very fast. It’s often times known as exit liquidity.

Honestly any bullshit can be posted and people jump on it. No wonder there are so many paper hands. Some of you believe any fud or rumor before doing any fact checking. The fake Walmart story was jumped on. The fake FTX story was jumped on. Now the total reaction to the SOL story and…
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Virtual worlds have become popular because they enable users to experience something that is otherwise not possible in the real world. The possibilities are endless, and we are still only scratching the surface of what can be done in virtual worlds. The next big trend in virtual property is that it will be more accessible than ever before, aided by the likes of Next Earth, which has made virtual property available to all through an NFT-based replica of Earth. Further accessibility will be made possible by a combination of technological advancements, including better rendering capabilities, better graphics cards, and cheaper VR headsets. This accessibility is driving increased use of virtual property as well as creating new opportunities for creators and investors who want to get involved with virtual property at an early stage. In this article, we’ll explore the trends that are leading us towards a future where virtual property is commonplace.  Virtual Property Art One upcoming trend is the ability to create pixel art on virtual property land tiles. Pixel art is a form of digital art that uses 2D pixels to create unique and expressive images. Pixel art is an emerging trend in the NFT space, and it’s only going to become more popular as creators start to explore new ways to express themselves through virtual property. Next Earth is planning a feature where landowners can draw pixel art directly on land tiles on Earth. The ability to create pixel art on virtual land will open up a whole new world of possibilities for artists, who can instantly share their land art creations. The rise of social media has made it easier than ever for people all over the world to connect, which means this trend will likely explode over time. Greater Accessibility The accessibility of virtual property has been improving steadily. One significant step in the right direction was taken with the world’s first ITO, or Initial Tile Offering. With this offering, investors were able to purchase virtual land NFTs from a digital replica of Earth for the first time. The ITO was made possible by combining a map of Earth with blockchain-based NFTs, that enabled people to select and mint tiles of Earth. The NFT economy makes it easy for anyone to create their own unique digital items, such as unique virtual properties like the Playboy Mansion, and then sell them on marketplaces. These technological advancements are enabling more people than ever before to participate in virtual property investing through accessible channels such as online marketplaces and online auctions. The number of users who invest in virtual properties through these channels is only going to increase over time. Greater access will also lead to increased use of virtual property as a way for people from different walks of life around the globe to interact with each other. Virtual Property As A Way To Escape From The Real World Virtual property can be a great tool for escaping from the real world when you want or need some peace and quiet. Virtual property gives us another outlet by allowing people to escape into a fantasy world where they don’t have to deal with problems. This can make all the difference in someone’s day-to-day life. Allowing people access to things like virtual land through accessible channels allows them access to something that they may not have been able otherwise – the opportunity for self-expression and connection with others in new ways. Accessibility is crucial if we want everyone around the globe – especially those who may not have otherwise had access – the opportunity to experience these advantages that virtual worlds provide today and into the future as well as all of us being able to benefit from these opportunities down the line. AR and VR NFTs Augmented reality (AR) allows users to combine the real world with computer-generated elements, such as 3D models and virtual objects. The combination of AR and VR with blockchain will create new ways for people to interact with virtual property. For example, artists are already creating interactive art experiences that allow people to walk through a sculpture while it plays different music tracks or videos based on where they stop in the space or how they interact with it. Blockchain would provide a way for AR and VR NFTs to be verifiably unique and owned by their creators in a trustless manner. The possibilities are endless when you combine these technologies. In Conclusion  Virtual property accessibility is improving all the time due to technological advancements and increased use of accessible channels like online marketplaces and auctions. This increasing accessibility will drive interest in virtual property investing from both consumers and creators alike – making this an exciting time to be involved in the space.   Photo by Fakurian Design on Unsplash

Apple is currently streaming their newest keynote, with expected announcement of iPhone 13 etc. I went on Youtube and clicked the top link, obviously made to look like the official event. For a while I didnt understand cause it had seemingly started ahead of schedule, with an interview with Tim Cook, then I saw this…
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They decay! They grow back! They transform with the passage of time (sometimes into zombies!) Koii Network’s new NFT standard introduces a host of fresh possibilities to the world of blockchain collectables.