Category: Cryptocurrency News

submitted by /u/sepke12345 [link] [comments]

I'm fairly new to crypto and was wondering would it be wiser to DCA ethereum or put a larger amount of money in at once due to transaction fees and I can't imagine the ETH price going down regularly enough for DCA to be beneficial. Any advice is appreciated thanks. submitted by /u/LH100…
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The cryptocurrency and blockchain ecosystems continue to create new and innovative concepts. Velas is a blockchain that has surprised many people and will seemingly continue to do so for the foreseeable future. Dozens of projects are launching on this ecosystem that takes elements of Solana and refines and improves them further. The Astronomic Rise Of Velas Taking the Solana code and forking it would not necessarily create a successful ecosystem. However, the Velas team has successfully made an impact through several key improvements to that original codebase. It is considered “Solana V2”, due to the game-changing transaction throughput of up to 75,000 transactions per second. More importantly, transactions are instant and have incredibly low costs, boosting the network’s efficiency even further. As Velas is also fully EVM-compatible and maintains native support for Solidity, porting projects – or making them cross-chain – is a breeze for developers. Smart contracts built on Ethereum can be brought to Velas with a few clicks, creating a much-needed solution for DeFi, DApps, and even NFTs. The Ethereum chain is not the best choice for future scalability, yet Velas checks the right boxes where the core Ethereum chain fails. Self-respecting blockchain or crypto enthusiasts need to get in on the Velas action at this early stage. One can do that by buying the native blockchain asset or through an investment in its rapidly growing ecosystem. The currency has already become a top 250 coin ever since, surpassing the $320 million market cap. The ecosystem is still in the early stages of welcoming new projects, indicating the VLX price can see significant growth. The all-time high of $0.208 may be a mere stepping stone for this ecosystem, akin to Bitcoin at $100 or Ethereum at $8. Why Velas Will Keep Gaining Momentum Several recent developments bring more value to the Velas ecosystem. First up is the Velas Grant Program, which was initially set at $5 million. Within months, the team upped that to $100 million to attract more developers, users, and innovative ideas and in response to an overwhelming attention to the original $5m grant. A second development is the launch of VelasPad, the native launchpad for all Velas projects. It provides financial support and aids in legal, coding, marketing, and other matters to ensure projects can achieve their full potential. VelasPad is backed by the Bluezilla Group, which also launched ETHPad, TronPad, BSCPad, and others. VLXPAD, VelasPad’s native currency, sits at a 149.21x ROI, indicating overall demand for exposure to ongoing development in this ecosystem. The momentum for Velas doesn’t end there, as WagyuSwap is the next highly-anticipated project to launch. Thanks to leveraging the Velas technology stack, WagyuSwap will be the world’s fastest and cheapest decentralized exchange (DEX), thanks to leveraging Velas technology stack. Moreover, the DEX will feature low fees, cross-chain compatibility, high APY staking, competitive yield farming, and a lottery solution to reward long-term WagyuSwap users.  WagyuSwap’s native token was sold for $0.005 during the public sale. Today, it trades for $0.282, offering investors a high return on investment by holding the token. The technology provided by WagyuSwap introduces many potential benefits, including support for Ethereum Virtual Machine Tokens. It is an intriguing concept that will lead to more innovation in the blockchain space and a viable migration route for developers who don’t want to deal with Ethereum’s technical constraints and high network costs. As WagyuSwap is a decentralized exchange, it can give up-and-coming projects an outlet to enable trading for their native tokens. One such project to note is BitOrbit, which will organize its IDO through VelasPad and have the native token listed on WagyuSwap directly afterward. That process serves as a clear example of how much potential Velas and its native projects have, which would not be possible on other blockchains. BitOrbit Revolutionizes Content Monetization The BitOrbit project, powered by Velas technology, puts a unique spin on how users can monetize their content across social platforms. Rather than letting followers “leech” off your creations, there is now an option to have them support you. BitOrbit serves as a trusted, private blockchain-based platform where content monetization is the primary focus. Influencers should be able to generate more revenue from their content without jumping through multiple additional hoops. Through BitOrbit, an influencer can value their privacy and eliminate intermediaries in one go. By adding a link to existing social media, the network will prompt followers to pay for exclusive content generated by the influencer. A novel approach with tremendous potential highlights the benefit of Velas’ high throughput at minimal costs. The core aspect to remember is how BitOrbit is the first project to leverage the Velas ecosystem to its full potential. It taps the blockchain and native features to build a new media platform for content monetization. The IDO occurs on the native Velas launchpad. The token will trade on the fastest and most powerful DEX built to date, which runs on Velas. All of the above highlights the potential of Velas and how undervalued the ecosystem is today. It takes the good elements of Solana and addresses the shortcomings to create an incredibly compelling solution for users and developers alike. Its high TPS, future-scaling approach, AI usage, and ongoing developments make it a better version of Solana. However, Velas has a market cap of $322 million, whereas Solana is valued at $48 billion. Now is a golden opportunity to invest in the next-generation blockchain that will be valued much higher in the future. There is no reason not to buy VLX today or invest in the Velas ecosystem through VelasPad, BitOrbit, WagyuSwap, or any of the other 40 projects launching on this blockchain in the months to come!!  

Raini, a popular NFT-supercharged DeFi and Gaming Universe, has announced an official partnership with creative powerhouse Krew Studios to launch a digital NFT collaboration with actor and artist Jordi Molla. The collaboration, titled MASKS, will showcase a collection of meticulously hand-painted masks by the celebrated actor and will represent the first official artist NFT drop on Raini. After selling out a successful pack sale for its popular NFT trading card game The Lords of Light, Raini has positioned itself as an important player in both the play-to-earn and Metaverse ecosystems. This experience will culminate with Krew Studios, a talented duo comprised of Rambino and Emily Rose Fiander, who collectively bring years of experience working with A-list brands, artists, and celebrities, including Hypebeast, Boohoo, Future, Maejor, Pinterest, Jean Paul Gautier, Belly, Wiz Khalifa, NBA Youngboy, Maejor and Teyana Taylor. Rambino and Emily Rose, the creative force behind Krew Studios At Krew, Rambino and Emily have sought to use their unique style of creative direction and production to help artists reveal the story and the meaning behind their work while doing so in a manner that can bridge the physical and digital space in an ever-online world. Together, the two companies will have access to exclusive brands, artists, and galleries, and share a common passion for highlighting the deep meaning behind amazing creations. Krew will work closely with Raini to bring the traditional art space into the crypto sphere, through a series of curated NFT lineups. Behind the Highly-Anticipated MASKS Collection Hailing from Barcelona, Spain and originally trained as an actor at the Barcelona Institute of Theatre, Jordi is known for his work in films such as the critically acclaimed Blow with Johnny Depp and Penélope Cruz, in addition to roles in Bad Boys II, Knight and Day, Colombiana and Riddick. More recently, Jordi starred as the Venezuelan dictator Nicolás Reyes, in Season 2 of Jack Ryan. Jordi’s pursuit of artistic expression goes outside of film, to the realm of paint and sculpture: his 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. More details around MASKS will be announced soon. Raini has already revealed that stakers of $RAINI tokens will be entitled to a special allocation from this drop via Rainbow and Unicorn pools and that there will be an exclusive presale period for the main public sale that will function similarly to The Lords of Light pack drop.  

For some of you, it can be seen as common sense. But so far from what we can see, that SQUID, the biggest Ponzi rugpull crypto ever created yet just burned millions of people , it doesn’t look like people in this space understand basic fundamentals of crypto. We’ve just witnessed it, the lack of…
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That has to be the biggest and quickest rugpull in history right? We all knew squid game was a scam as well as a rugpull and even more fucked that people couldn’t take profits at all at any point and whatever the deal with winning games to get the tokens for gas fees was. The…
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Hi everybody, I just wanted to update you all on our favorite stable coin named LTO. /s -Today (in about 30min) LTO will be tradable on Kucoin, this will make it a lot easier and cheaper for our overseas friends (USA) to buy LTO. -Today will also be the day that the biggest mainnet update…
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submitted by /u/renderisland [link] [comments]

South African finance minister Enoch Godongwana has put forward proposals that bar pension funds from investing in cryptocurrencies, and has also set November 12 as the public comment deadline. Cryptocurrencies a Grey Area According to a report by Business Insider SA, Godongwana’s timeframe for the public to comment on the draft proposals suggests he wants […]

Is there a way around this? Are there more efficient ways of buying tokens on the Eth network without paying more than I'm putting in? Even when trying to swap Eth or matic for a different token I still have to pay 100 plus dollars to change the token… I feel like I'm missing something…
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