Category: Cryptocurrency News

Blockchain and metaverse gaming has become quite popular recently, and these games are gradually transforming the entire gaming industry with the introduction of non-fungible assets as tokens existing on the blockchain. Nowadays, gamers benefit from blockchain concepts such as NFTS to make games not only a source of entertainment but also a passive income stream. As metaverse games continue to explode, developers are constantly working on improving the utilities of the DAO tokens powering the metaverse games while also introducing more earning opportunities for players. Cardalonia is one such game built on the Cardano network. Cardalonia is a metaverse play-to-earn project being built on the Cardano blockchain. The Cardalonia metaverse is an engaging and fun virtual world where $LONIA DAO token holders can acquire 3D NFT avatars, land, socialize, play, trade, and participate in events to earn rewards. Cardalonia will allow players to build their own experiences on the metaverse. The project’s team intends to develop the platform into a decentralized, multi-player, and multi-chain ecosystem of multiple interconnected worlds. How Does It Work? $LONIA Token holders will be able to choose their fates in the Cardalonia ecosystem by purchasing a piece of land, which would determine the clan they belong to. There are four clans – the Originals, the Royals, the Lords and Knights, and the Peasants. It’s also important to note that you would need to possess some $LONIA tokens before you will be able to partake in the land pre-sale. Once users have acquired or rented a Land, players can start designing and building their experiences. Cardalonia makes it easier for players to build as each land will allow complete control of its play mechanics. ADAHandle Integration $LONIA Token Holders who have an active stake in the Cardalonia Staking Vault can choose to display their ADA handles on the Cardalonia Vault Leaderboard. Once the Cardalonia metaverse is fully launched, it intends to provide designated land on offer to serve the community for work, play, and wellness purposes. The in-game NFT assets are currently in development and will be released soon. Features of Cardalonia Cardalonia has several features on its metaverse platform to sustain the ecosystem’s utility and provide users value. Breeding Players can breed their current clan members to create new clans. These new clans possess unique and rare features that help increase players’ revenue. Cardalonia Marketplace This is an in-house NFT marketplace where users can list, buy, and sell their Cardalonia collectibles. In the marketplace, players can purchase land, buy and trade Avatars, as well as in-game power-ups and gems. The marketplace is currently under development. Staking Cardalonia recently launched its staking platform, allowing users to start staking their tokens immediately after acquiring them. Users can earn up to 25% APY on their staked tokens. The LONIA token LONIA is the native utility token that facilitates all transactions on the Cardalonia metaverse. There will be a total of 100 million LONIA tokens with a strong lock policy, meaning no further tokens will be created in the future. LONIA token holders will receive several benefits, including access to exclusive NFT drops, whitelist for clan drops, and access to exclusive experiences, perks, and items in the Cardalonia ecosystem. Holders can also vote on certain decisions that could affect the Cardalonia ecosystem. Staking rewards are distributed via the LONIA token. The token is also used to make purchases and pay land rent. How To Acquire $LONIA Tokens Interested early adopters can visit the token sale page to Acquire some Lonia tokens at the cheapest price before it gets listed on exchanges here https://cardalonia.io/buy/ Here are the token stats: 1 ADA = 13 $LONIA Tokens Sales duration= 6 Epochs Seed sales allocation: 15,000,000 tokens Minimum buy: 250 ADA    

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A new Cardano EVM Sidechain for Solidity developers is set to increase interoperability between Cardano and Ethereum. The Ethereum Virtual Machine (EVM) is the virtual computer system at the heart of the Ethereum blockchain’s operating structure. Solidity developers will be able to bring their existing Ethereum applications to an EVM-compatible sidechain that supports all the…
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Liquidations have rocked the space as the price of Bitcoin has fluctuated between red and green in the last week. Since the price had been crashing for the major parts of last week, the liquidations have been heavily skewed towards long traders. This trend has now changed as short traders’ liquidations have ramped up in the past week owing to recovery above $20,000. Short Liquidations Ramp Up Coming out of the weekend, the price of bitcoin has been doing much better than it was during the weekdays. This has now turned the tide of liquidations towards the short traders. These sorts of positions had ramped up as the price of the digital asset had declined, causing some to believe that it was going to continue. However, the price of the cryptocurrency seems to have found its footing above $17,000 and had made a bounce-off from there. Related Reading | Bitcoin Bounces Back Before Hitting 2017 Peak, Is The Bottom In? As of the early hours of Monday, the price of bitcoin is resting in the mid-$20,000s. At the same time, liquidation volumes remain large in the market. The past 24 hours have seen more than $250 million liquidated in the market. At the same time, about 80,000 traders have lost their positions, the majority of whom have been short traders at 63.56%. Liquidations pass $260 million | Source: Coinglass About $100 million worth of bitcoin has been liquidated in the same time period, coming out to 4,800 BTC. While Ethereum liquidations have also ramped up with $82.47 million in liquidations in the same time period.  Altcoins such as SOL, DOGE, and GMT are also feeling the heat, returning large volumes to liquidations. OKEX crypto exchange has seen the most liquidations with $96.25 million in the last 24 hours, with Binance in second place with $76.08 million. Bitcoin Price Stays In The Green Bitcoin had closed the last week in the red after finally ending its nine-week red streak the prior week. This close had come with a lot of negative implications, pushing the price of the digital asset to yearly lows. However, this storm has begun to pass with the recovery in price. Related Reading | Mike McGlone Says $20,000 Is The New $5,000 For Bitcoin, But Is He Right? The weekend had seen a ramp-up in buying since the price of the cryptocurrency had dropped to the $17,000 level. This provided a much-needed bounce point as support had begun to form. What would follow was a $3,000 gain over the next two days that brought the value of the digital asset close to $21,000 once more. BTC trending in the mid-$20,000s | Source: BTCUSD on TradingView.com But even as the bulls have struggled to take a hold of the market, their efforts have been met with much opposition. Significantly at the $21,000 where there is now the most resistance. A break above this point will likely see the digital asset touch $25,000 before the end of the week. Hence the opposition. On the other side is the first support level for the digital asset which has now formed at $20,150. However, with the selling sentiment still so strong among investors, it is doubtful that bitcoin will be able to hold for very long at such prices. Featured image from Channels Television, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…

I want to run some crypto through a mixer service as part of a research project. Can anyone point me to one that isn't a scam? submitted by /u/SzyszkaFanatic [link] [comments]

Blockchain technology and cryptocurrencies can make a big difference for content creators globally. Anyone can benefit from integrating such solutions, preferably if they do not require coding knowledge. The PIP button may be the answer to many prayers, as it is compatible with any platform or website. The PIP Button Changes The Game Pip, but people behind the PIP button, have come up with a way to let anyone integrate crypto and blockchain payments. More importantly, it does not require any coding knowledge to make the most of this solution, which is compatible with any website or platform. The PIP button is compatible with WordPress, Instagram, HTML pages, Javascript, Wix, Squarespace, etc. In essence, it brings frictionless crypto payments to any content creator worldwide. For creators, it helps establish a new revenue stream for unique content or goods, removing the need for complex payment setups. Consumers benefit from the PIP button as well, as they can pay who they want, how they want, and from which device they want. Integrating the PIP button also means users do not need user accounts or signups, as the solution is frictionless. Combined with the customization options for this button, it changes the narrative of online payments in many ways. Content consumers have a new way of rewarding content creators with the help of blockchain technology and without requiring vast technical knowledge. A Strong Foundation For Global Payments In the current form, the PIP button supports Solana tokens and transactions. Supported assets include SOL. USDC on Solana, PIP, SERUM, RAY, etc. Users will need to set up a wallet through Phantom or Slope to generate their Solana blockchain wallet address, which can be connected to the PIP button to receive transactions. Support for blockchains beyond Solana will follow in future updates. Unlike networks like Ethereum, Solana is far more efficient for developers and users alike. It has a higher throughput and lower transaction fees, enabling solutions like the PIP button to come to fruition. Building a similar solution on Ethereum would be too expensive for all users involved, which is counterproductive to the idea of enabling smaller transactions globally. As the global focus shifts to Web3 and the creator economy, solutions like these highlight the potential of blockchain technology and cryptocurrency. Millions of users can pay for creative content through a non-invasive means and without sharing sensitive personal or financial information. Moreover, it empowers the individual – both consumer and creator – at every turn.

I’ve recently watched an interview with senior degen Michael Saylor. In the first part of the interview he says that bitcoin can’t be controlled or attacked by a state. This is his reasoning for why bitcoin is such a great asset. Then he goes on later in the interview to say that we need regulation…
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Banks are shutting doors, there are days long lines on banks that are still open, and ones that haven't shut their doors on purpose have simply ran out of money. Idk what the future holds for world economies but obviously all the virus panic didn't help. There's a collapse in real estate in China, and…
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The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index.

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