NFTs have transformed the art world to make masterpieces more accessible to admirers. However, with the tokenization of entire collections comes questions about the future of ownership in museums.
Polkadot (DOT) is experiencing a sharp price correction for the past days, painting its charts in red as it continues to struggle to find a solid footing and start climbing once again. At press time, tracking from Coingecko shows the crypto is trading at $6.11, going down by 1% over the last seven days, 5.1% for the past two weeks and by 4.6% over the last month. Furthermore, forecast from cryptocurrency data provider Coincodex points at a massive decline for Polkadot. While the altcoin in seen to slightly increase its value over the next five days to $6.18, it is bound to fall down all the way to $4.02 30 days from now. There are 24 technical analysis indicators that are sending bearish signals for the digital asset that is also under tremendous pressure from its extremely high supply inflation. Related Reading: AAVE Price Poised For Rebound With $94 On The Crosshair – Time To Buy? Polkadot Outperforms Ethereum And Solana Even with its extended bearish momentum, DOT managed to surpass Ethereum and Solana – two of cryptocurrencies in top 10 in terms of market capitalization – in terms of blockchain activity numbers. According to data shared by Polkadot Insider, over the last seven days, the asset’s network was able to tally activity index of 3124.14. ETH only managed to register 78.79 and was actually outranked by NEAR which came second to DOT with its 90.86 tally. Once again, @Polkadot is leading the dashboard in terms of development activity performance (3124.14) in the last 7D 😎 The collected data is from @santimentfeed. Let’s check out more below for further comparisons 🔥#Polkadot $DOT #DOT pic.twitter.com/jpjjir7FXj — Polkadot Insider (@PolkadotInsider) October 18, 2022 SOL on the other hand ranked 4th with 67.21 while Bitcoin, the largest cryptocurrency in terms of market capitalization, came in at 7th place with its 36.64 activity index. Polkadot’s performance in this department was so good that even the combined total of the other 9 assets on the list won’t be enough to surpass the 11th ranked crypto in terms of market cap. Analysts Recommend Buying Polkadot As the altcoin remains on a downtrend, its bearish sentiments won’t let up and analysts are thinking this might present an opportunity for accumulation. Sharing his “long-term plans” with his 415,700 followers, CryptoGodJohn re-echoed the prediction of Coincodex, saying Polkadot will likely decline to $4. If that happens, according to the analyst, buyers must take advantage and accumulate as much DOT as they can. The plan is to hold until the time comes when they can sell the altcoin for more the $50. That, however, could take a while as indicators suggest DOT will hit that level by 2024. But, given the volatility of crypto space, a sudden price surge is still possible. Therefore, investors must always pay close attention to Polkadot. Related Reading: Elrond Coin Looks To Breach $55 Resistance – Is $65 Hittable This Month? DOT market cap at $6.9 billion on the daily chart | Featured image from Money24H, Chart: TradingView.com Disclaimer: The analysis represents the author’s personal views and should not be construed as investment advice.
Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurrency bank filed for insolvency earlier this year and failed to find a buyer. Nuri to Maintain Trading Until Last Day of November, Prepares to […]
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How private are the transactions in a zkEVM? Is it just a compression tool where everything is visible, or will all transactions be shielded and private? submitted by /u/celticwarrior72 [link] [comments]
N26 Crypto is already available for Austrian customers and is planned to be rolled out in other key markets.
Former Kraken CEO Jesse Powell previously warned crypto investors about the risks of holding crypto on a centralized exchange.
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In the past couple of days, the mainnet launch of the Aptos blockchain and the accompanying airdrop made big waves in the crypto space. While the long-unknown tokenomics and token distribution have sparked a lot of controversy, airdrop beneficiaries have been able to enjoy free crypto. You missed the APT airdrop from Aptos and are now upset about it? Don’t worry. There are no less than 5 very promising projects that could be doing an airdrop in the coming weeks and months. We’ll tell you which projects these are and what you should do to possibly be eligible for the airdrop. Related Reading: Elrond And Aptos Take Over Crypto Market, Negative Consequences For Top Coins? Here Are The Projects That May Airdrop The first project that will possibly conduct an airdrop is ZetaChain. This is a layer-1 blockchain created using the Cosmos SDK which has launched its testnet on August 10. The goal of ZetaChain is to be an omnichain dApp that supports multiple networks, including Layer-1 blockchains such as Ethereum and Binance Smart Chain (BSC) as well as layer-2 solutions such as Polygon and Optimism. The first live dApp on ZetaLabs was a functional omnichain swap for trading assets between any connected blockchains. Testnet users can earn ZETA points by swapping assets, inviting new members, and reporting issues. The table below shows how many points users can earn with each task. The structure for earning ZETA points is as follows: To get started on the testnet, the first step is to create a wallet and request tokens via a faucet. After the confirmation of the wallet, the swap of assets can already start. During the current beta test, the ETH Goerli testnet, Polygon Mumbai and BSC testnet are used. SUI Might Trump Aptos Along with Aptos, the SUI blockchain is one of the most hyped projects in the crypto space right now. Just like Aptos, SUI was founded by former Meta employees who are developing a highly scalable layer 1 blockchain based on Diem’s MOVE programming language and a proof of stake. While SUI already closed acceptance of new validators in the incentivized testnet at the end of August, there might still be a chance for an airdrop, as SUI should be interested in bringing liquidity to the network. Related Reading: Aptos (APT) Ranges Just Above $8, Is It Time To Dump Those Airdrop Tokens? Since there is no information yet, it is advisable to follow the project on Medium, Twitter and Discord and look out for projects like DEXs on SUI. Also, users can already download the SUI wallet as Chrome extensions. The SUI testnet token also offers a good shot. The easiest way is to get it is from platforms that have a built-in faucet. BlueMoveNFT is a good choice. The project is the leading multi-chain NFT marketplace on Aptos and SUI. How to get #Sui (by @Mysten_Labs) testnet token? If you want to experience projects on Sui Ecosystem (for future #Airdrops maybe😁), then having SUI testnet token is essential This topic will cover ways to get it. Let's go. And pls like, RT and comment below 👇#SuiEcosystem pic.twitter.com/qyzQhEEByr — Sui Station (@Sui_Station) October 10, 2022 Twitter user SUI Station is also planning to publish a list of all airdrop opportunities in the Sui Ecosystem soon. zkSync A third option could be zkSync. The best bet for the airdrop might be to interact with zkSync dapps on the testnet. Before users can do this, however, they need to add an RPC configuration. The easiest way to do this is at https://chainlist.org, where a wallet connection to the testnet is configured. Numerous examples for interacting with the zkSync testnet and its dApps have been compiled by an anonymous Twitter user in the following thread. 2. Bridge to zkSync Go here:https://t.co/5qKgM2F9EH Actions: – Connect your wallet– Bridge funds to zkSync– Make transactions between wallets — Ξnigma(💙,🧡) || 0_0_1.lens 🌿 (@its_daenigma) October 18, 2022 More options … The fourth option is Layer Zero. The project is an omnichain interoperability protocol that enables the realization of cross-chain applications with a low-level communication primitive. On the one hand, there is a chance to qualify for a possible airdrop by using the free testnet. Among others, it is possible to test the USDC Layer Zero Bridge and the Liquid Swap Bridge. On the other hand, Stargate Finance offers a very interesting opportunity. The liquidity transport protocol has raised $135 million funds led by very renowned backers, such as Sequoia Capital, PayPal Ventures, FTX Ventures, Andreessen Horowitz, Coinbase Ventures, Tiger Global, Uniswap Labs and other investors. The idea is to become a DAO voter of Stargate Finance. For this, users need to buy a small amount of Stargate Finance Token (STG) on Uniswap or another platform on the mainnet and then stake it. This gives them voting rights over Stargate Finance governance proposals. As a DAO voter of Stargate Finance, there is a high chance of becoming a beneficiary of an airdrop. A detailed instruction can be found here. Last but least there is Quai Network. Quai Network is a layer 1 network of blockchains that uses merging to achieve a high throughput. To reward early community engagement, the project maintains a social media rewards program on various social platforms, including Twitter, YouTube and Reddit. Active community members are most likely receive an airdrop. They launched a Network Social Media Reward system READ carefully as there are all the instructions on how to get rewardedhttps://t.co/rTfoMqDNJ7 — selachi.eth (💙,🧡) (🛸) (@selachi667) October 19, 2022 Meanwhile Aptos’ APT token is trending sideways after yesterdays listings on all major exchanges.
AAVE is currently in a recovery phase, successfully breaching the crucial $80 psychological resistance marker to trade at $82.52 at the time of this writing, according to tracking from Coingecko. AAVE manages to move past the crucial $80 resistance marker The altcoin could be looking at a further push all the way up to $116 AAVE continues price pump despite Tron Founder’s massive withdrawal from the crypto’s protocol Over the last seven days, the cryptocurrency managed to tally a price increase of 15.4% as it also goes up by 8% on a month-to-date basis. The bearish momentum that plunged the crypto space into chaos for the past two months have pulled AAVE price into a falling wedge pattern. Related Reading: Elrond Coin Looks To Breach $55 Resistance – Is $65 Hittable This Month? Source: TradingView Under this, an asset’s price moves into a bullish trend before an immediate correction happens. There are two trendlines that are formed but the consolidation halts when price breaks through the upper trend. That movement signals bullish activity and by the looks of it, that’s where AAVE is headed for the next few days. AAVE Price Momentum And Analysis Over the last four days, AAVE managed to surge by 16.5%, staying true to the nature of its falling wedge pattern despite the crypto market dealing with erratic price movement. But, as the pattern also suggest, there could be a price lowering momentum for the digital asset as indicated by its daily candle which suggests a retest of the $80 support marker. That shouldn’t be a problem, at least for now, for AAVE, as it is predicted to resume its resurgence once the retesting is complete, pushing all the way up to $95 – and even to $116. The crypto’s vortex indicator is not showing any weakness for the upcoming bull run and the increase in trading volumes suggest AAVE is in a genuine price recovery as of this moment. Weathering Negative Network Activity The altcoin is performing well considering there is negative activity in its network that involves Tron Founder Justin Sun. According to data analytics and blockchain security firm PeckShieldAlert, the highly touted crypto figure withdrew more than $100 million in USDT stablecoins from Aave Protocol V2. The withdrawal was done in two equal transactions worth $50 million each and was completed through a wallet address funded by crypto exchange platform Poloniex. Related Reading: Monero Coin Climbs 6% In Last 3 Days – Bullish Activities Seen For XMR AAVE market cap at $1.16 billion on the daily chart | Featured image from The Coin Republic, Chart: TradingView.com Disclaimer: The analysis represents the author’s personal views and should not be construed as investment advice.
