Remember when Amazon was worth nothing? Then it went up, and then on multiple occasions, it burned all the way down scaring everyone? Or how about when Google was so cheap that no one cared? The internet boom is gone and that opportunity will never come back. But with all this FUD and pandemic-related news…
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A “bullish engulfing” enters on multi-day charts as BTC price action manages to preserve some of Monday’s gains.
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The move comes in contrast to other digital asset exchanges like Robinhood, which have avoided listing altcoins such as SHIB over regulatory concerns.
Bitcoin has ran into its fair share of judgement and hate, if it’s from people accusing the blockchain of harming the earth, or countries banning them, we will take a look at Bitcoin’s run-ins and how it has gone through minor setbacks, and major comebacks. A History Lesson We all know the powerhouse that is starting to raise fresh eyes and debates on the new way of Money. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when it’s implementation was released as open-source software. Bitcoin are created as a reward for a process known as mining. Among asset classes, Bitcoin has had one of the more volatile trading histories. The cryptocurrency’s very first big price increase occurred in 2010 when the value of a single bitcoin jumped from just a fraction of a penny to $0.08. Today that same coin is worth around $54k; not many people saw this coming at all as it shook the world, and started the new wave of finance. Related Reading | How NFTs Are Impacting Artists’ Lives: Enter Bullseum Bitcoin: Latest action from the top coin on the blockchain. | BTC-USD on TradingView.com The Up’s And Downs, The Good And The Bad BTC has faced many ups and downs in years, on top of bans and many tiny setbacks – but still the blockchain has risen. Bitcoin caught a huge break in 2017, when BTC caught mainstream attention; many developments and media outlets have had some sort of impact on price. People like Elon Musk and Jack Dorsey have had success in garnishing both good and bad press for these coins. Other things such as Bitcoin halving events, in which the total supply of Bitcoin available in the market declines due to a reduction in miner rewards because of an algorithmic change, have all played a role in price increases. The price of Bitcoin since the May 2020 halving has seen an increase of nearly 300%. Previous halving events in 2012 and 2016 produced significantly larger price gains of 8,000% and 600%, respectively. Among many factors, the halving in the reward given to miners that also doubles the asset’s stock-to-flow ratio seems to have a significant effect on Bitcoin’s price and that is important to know. Many countries have banned or attempted to ban the mining of these coins as it left a carbon print that is impacting the environment. China has often taken the stance that crypto mining is an “extremely harmful” industry that jeopardizes China’s pursuit of carbon neutrality, as stated by Meng Wei, a spokesperson for China’s macroeconomic agency, the National Development and Reform Commission. On the other side of the coin, both New York and El Salvador have made cryptocurrency and bitcoin a top priority. This is an ongoing battle, and the outcome and winner will come in the future only time will tell if bitcoin will face another crash or rise Related Reading | Exchanges See Bitcoin Outflows For 7th Straight Day As BTC Price Begins Recovery
The metaverse is rich with independent digital economies and ripe with bountiful opportunities for users to play to earn (P2E). It’s estimated that electronic gaming through blockchain technology will become one of the biggest growing sectors in crypto and gaming. When the efforts of a Top 10 blockchain company and a Top 10 gaming company combine, players are rewarded with HydraVerse. The Hydaverse will be an immersive digital world with AR and VR capabilities. Players can race, train, breed, trade, and even rent their NFT dragons to other players. What is the HydraVerse? The HydraVerse is a metaverse play-to-earn PVP dragon racing game, where the dragons are NFTs. Players can hatch, train, and race their dragons at the racetrack along with other mini games. Dragons begin at level zero and the maximum level is 40. Dragons can be showcased or staked at the Dragon Park while they’re resting up for the next big race. Players can purchase money trees from the shop and plant them in the park to earn passive income. In addition, dragons can play in the fountains to level up. Players will even be able to show off their NFT dragons to their friends using AR and VR technology. The HydraVerse Economy The native token of the HydraVerse is called “Hydracoin” (HDV), built on Binance Smart Chain (BSC). As a result, players won’t be burdened by high transaction fees since BSC is a fast, scalable and cost-effective network. Hydracoin has a supply of 500 million tokens that will be used to facilitate commerce in Hydraland.In addition, HDV holders are eligible to join the rewards programs where players can receive free NFTs and other prizes. HDV will be used to breed, train, and buy NFT dragons. Completing daily tasks will result in players earning HDV. Not only will HDV be used for in-game transactions, but players will be able to stake and LP using their HDV tokens in staking and farming pools. Earning Rewards in Hydraland In a race, six dragons race against one another to win the prize lot. The player controls the dragon to avoid obstacles and accelerate into other dragons to knock them off course to slow them down. Spectators can bet on the outcome of races, while players in the race cannot. There are many different racecourses available for players to race. In addition, racetracks have a fixed number of races per day to ensure that the prize money will provide the winner with a handsome reward. Players can even lease their dragons to other users. Any dragon owner can rent their dragons in two different ways: A fixed price rental, where the dragon owner posts a fixed price for an agreed amount of time. The second is a reward-sharing rental where the tenant shares a percentage of their rewards from dragon racing to the owner. Another exciting feature is the racecourses are available for players to rent. Players who rent a racecourse can earn up to 70% participation fees from races held at their course. The racecourse tenant can invite other players to race or set different policies to attract riders to use their course. HDV, BNB, and BUSD are all accepted when renting racecourses Training Your Dragon to Win For citizens of Hydraland to get their dragons, they must purchase eggs from the store and hatch them. Each egg yields a unique dragon to the player. The higher the tier of the dragon, the higher value the dragon will have on the NFT marketplace. If a dragon is weak and possesses a low star count, it can be combined with others into a more powerful dragon. There are three tiers of dragon eggs: Normal eggs hatch dragons from 1-3 stars. Epic eggs hatch 3-5 star dragons. Legendary egg’s hatch 4-5 star dragons. Once the dragon egg hatches, the player must spend time training and playing with their new companion. The dragon will be strongly motivated when receiving a high happiness rate, which helps increase the player’s win rate. The NFT traits are the characteristics of dragon’s that determine their race performances and auction resale value: Movement speed helps the dragon move faster during the race. Strength impacts how two dragons compete against each other. Endurance helps dragons be more durable in longer races and harsh environments. Attraction helps dragons earn more money when displayed at the park. Finally, happiness helps increase the player’s win rate. Awakening dragons evolve their stats and morph their appearance. To awaken a dragon, the player must purchase materials from the shop. Awakened dragons unlock new skills such as speed while accelerating, diving, and increased stamina. Daily training tasks allow players to increase their dragon’s stats and help them perform better in races. The happiness index will affect the dragon’s performance, so players must be attentive to their dragon’s happiness to increase their odds of success on the race track. Feeding the dragon = adds experience Bathing the dragon = adds happiness Having fun = adds happiness Teasing the dragon = adds happiness Once the dragon is ready to race, players can send them to the training course, where they can earn HDV. This way, the player can play to its dragon’s strengths when racing against others online. The Bright Future of Hydraland Those who are early adopters of the first metaverse dragon racing game will not log off empty-handed. Hydraland presents gamers with a wide variety of opportunities to earn while racing and playing with their dragons. The HydraVerse team is collaborating with established launchpads that allow retail investors to gain exposure to the HydraVerse through initial DAO offerings (IDOs). After tokens are fairly distributed, early adopters can stake their HDV tokens while preparing for the game to launch fully. Fortune favors the brave, and those who join the HydraVerse will reap the benefits of early adoption.
Earlier in November, Raini and Krew Studios announced their collaboration which will be bringing in A-tier brands and celebrities into the digital space through a series of curated, limited edition NFT lineups. The first of these, the MASKS by Jordi Molla, is scheduled to launch on December 08 on Raini’s platform. MASKS is a collection of unique digital masks based on a collection of meticulously hand-painted masks created by the artist and actor. The MASKS lineup is intended to pull back the layers that hide the true value in a person’s soul and character, demonstrating the connection between who we choose to appear as in externally, and who we are truly, deep within. It is expected that the collection will be integrated as an accessory for profile pictures with more details to soon follow. In preparation for the drop, it was announced that an auction of one of Jordi’s paintings, which regularly sell for $28,000 as unframed acrylic canvas, will be conducted via an NFT (accompanied with the right to redeem for the physical accompaniment) through the Raini platform. The piece titled “I will flood you with my flowers” was inspired by the nature of Marbella. An outburst of colors and texture influenced by the artist’s experiences on Costa Del Sol. The 1 of 1 will be auctioned starting on November 29. The auction buyer will receive exclusive whitelist privileges for the MASKs premier lineup (5 whitelist slots guaranteed), in addition to tickets to the Krew MASKS premier event at Art Basel in Miami, during the week of December 2nd. There the winner can meet the Krew team, Jordi, and learn more about the AR/VR tech being integrated into the drop, in addition to getting to know more about the man behind the MASKs themselves (Molla). Additionally, a percentage of the MASKS lineup will be available to Raini supporters as a special allocation for providing liquidity or staking $RAINI via the platform’s Unicorn and Rainbow pools. More info about Raini staking can be found here. Krew Members Only NFT Passes Grant Access to Exclusive “MASKS” Event Krew Studios will be releasing a very limited number of “Members Only” NFT Passes that will give holders access to the “MASKS” NFT Art Basel event. In the future, this model will be used for all future Krew lineups: Krew’s Member Only Pass NFT will grant exclusive whitelist privileges to holders for every drop they produce. More details will be released in the coming weeks.
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Once fully deployed, users will be able to make private transactions through the popular Tornado Cash mixer on the Arbitrum layer two network.
Pocketcoin (PKOIN) is a Proof-of-Stake token that is used decentralized advertising, boosting posts and featuring comments on the decentralized crypto social platform Bastyon․com. PKOIN also gives users specific privileges while using Bastyon․com social platform and is used for node staking. Authors also earn crypto for their content on Bastyon․com. And now Pocketcoin is available for […]
