Category: Cryptocurrency News

The mainstream appeal of non-fungible tokens has never been more outspoken than it is today. Everyone seeks exposure to NFT assets, representing a market worth roughly $17 billion. The introduction of white-label solutions and an interconnecting marketplace by Niftables may lead to much higher valuations. The NFT Industry Growth Continues The past two years have been rather wild for the cryptocurrency industry. More specifically, the introduction of non-fungible tokens has brought major investors, celebrities, and mainstream users over to this industry. While NFTs are primarily speculative – like cryptocurrencies – several projects have established a long-term presence. Together, all projects combine for an estimated market cap of over $17 billion in 2021. That market cap is a big step up from $82.5 million in 2020. It is uncanny how far the NFT vertical has come in such a short time. Moreover, brands and creators continue to express an interest in this industry. Unfortunately, they are held back by a lack of convenient and automated solutions taking care of everything surrounding the creation of a new collection. Niftables may hold the solution to this pressing matter. Any creator or brand can venture into the NFT segment through its upcoming white-label solution. The framework powering that shift possible is the Niftables metamarket, enabling full automation of NFT utilities and seamless frontend and backend integration into an NFT network. Creators launch collections directly into a market, providing utility through a wider ecosystem. Furthermore, the metamarket approach enables support for VR and AR-compatible 3D galleries. Combined with fiat and crypto payment gateways and integrated custody solutions, the technology stack makes it straightforward for mainstream users to become part of the non-fungible token world. Additionally, creators can distribute NFTs through subscription services, drops, auctions, etc., giving them full control. The Niftables Marketplace Vision Niftables also aims to launch a cross-chain gas-free NFT marketplace to help enthusiasts buy, trade, sell, swap, or redeem NTs and rewards from creators’ white-label platforms. The marketplace will act as a hub to browse verified white-label platforms, stores, profiles, and collections. Furthermore, Niftables’ integration with Rarible and OpenSea will help facilitate secondary market sales. Niftables Co-Founder Jordan Aitali adds: “A one-stop-shop doesn’t mean one-size-fits-all. That’s why Niftables is built to let creators and brands fully customize their white-label NFT platforms from the get-go. We ensure that each creator’s NFT platform is in tandem with their branding and overall vision.” The Niftables $NFT asset will be a crucial aspect of this ecosystem. It is a payment method throughout the ecosystem, including the white-label platforms established by creators and brands. Additionally, $NFT holders will benefit from customized user profiles and discounted purchase rates across all external white-label platforms.    

Bitcoin has now entered perhaps one of its most bearish periods ever. The cryptocurrency which has held up quite nicely through all of the market scandals is seeing even more bad news ahead. Previously, it has seen a good number of consecutively red closes that have solidified its entrance into a bear market. However, this time around, it seems that the digital asset is ready to set another record, but this time for the worse. Seven Red Candles Anyone that has been following the market recently knows that Bitcoin has been seeing multiple consecutive red closes. This has not been a cause for alarm though since the digital asset has a history of marking bearish trends like these and still coming out on top. But this would prove to be a trend like no other after the cryptocurrency had seen its 7th consecutive red close. Related Reading | Bitcoin Recovers Above $30,000, Has The Bottom Been Marked? This would make it the first time in history that bitcoin is marking such a trend. However, what is even more important is what seven consecutive red candles mean for the cryptocurrency. With the digital asset still being a seller’s market, a close like this could trigger even more sell-offs as investors worry about the future of the coin in the short term. Furthermore, with so many red candles showing on the charts, it could indicate that there is more downtrend left to follow. An example of this was marked in the 2014 bear market that saw bitcoin record four consecutive red closes. What had followed was a single green close that would prove to give way to an even more brutal downtrend. Now, if bitcoin were to mirror this move from 2014, then another plunge below $30,000 may be imminent. BTC declines to $29,500 | Source: BTCUSD on TradingView.com Not All Bad News For Bitcoin While seven consecutive red closes can often paint a bearish picture, this is not always the case. It is well-known that the digital asset can record the most bearish patterns right before recovery. Oftentimes, a tremendous recovery. An example of this was in August of 2018 when the market had marked six consecutive red closes. Since the market had been in a stretched-out bear market at that point, it was assumed that what would follow this could only be more losses. However, this would prove to not be the case as the digital asset had gone on to record five consecutive green closes. Related Reading | Investors Make For Stablecoin Hills As USDT Volume Touches All-Time High Now, this was not the start of the next bull market but it showed that as much as these trends can signify more downtrends to come, they can also be a precursor of a good recovery. Expectations for bitcoin this time around are great as the digital asset has been able to now break above $30,000, although it has trouble maintaining its position above this point. The price of BTC is trending around $29,600 at the time of this writing. This puts it slightly above its 5-day simple moving average but continues to show bearish trends across other indicators. Featured image from Cryptonaute, chart from TradingView.com

These days it seems that everybody and their mother is either launching an NFT project or aping into one. Many well-known artists are getting wealthy off of their collections and sewer traders. NFT art is a very community-driven, and creative pursuit. With so many different collections taking off, wouldn’t it be cool if you could have your image and likeness represented in the most exciting revolution since the beginnings of the Internet? Onliners Metaverse allows you to do just that with the platform designed to allow you to turn yourself into an NFT. Why Onliners Metaverse Is a Total Game-Changer for Collectors and Enthusiasts Wishing to Be Immortalized in Digital Art Form For decades if not centuries, the prevailing view of life as a creator is that of a starving artist. One who only creates art for the sake of self-expression and storytelling. Some of the world’s most renowned artists only make money off of their work posthumously. That is to say, their artwork only goes up in value once they pass away. Pablo Picasso was famously broke for nearly his whole career as a living artist. Thanks to the Web 3.0 revolution, however, NFTs are doing away with the idea of being a starving artist. Just to put it in perspective, over 250,000 people trade NFTs on OpenSea, the industry’s leading marketplace. That’s not counting other competing marketplaces like LooksRare or Immutable X. Perhaps 250,000 active users don’t seem like a lot when considering that traditional marketplaces like eBay see millions of users each month. The truth is however the popularity of NFTs is exploding. Just in the third quarter of last year alone, the NFT market reached an overall value of close to $11 billion. Onliners Metaverse’s Unique Features Are Going to Make the Project One-Of-A-Kind Onliners Metaverse’s goal is to take the personalization of your image and likeness to a whole new level. The initial release features different attributes you can attach to your NFT with customization options. You’ll be able to go through a wide variety of digital characters that will help you come up with your own avatar. The collection itself will include no fewer than 8,000 pieces available for minting. Traits inherent in digital assets, artists, gamers, students, businesses, music, events, developers and all other walks of life will be included in the collection. The Five Stages of the Onliners Metaverse Roadmap If you have any experience operating the NFT world, you probably understand the importance of community and how it drives the success of a project. That’s why Onliners Metaverse’s roadmap considers building the community the first stage. Here are all five stages: The Onliners Community Onliners Treasure Vault Onliners Season 2 Onliners Charity Let’s go over the remaining four stages. Onliners Treasure Vault The treasure vault holds onto 15% of the royalties collected through different plans offered to provide the community with even more support. The vault will allow the project to initiate giveaways that get more people involved as the price increases in the NFTs might make users feel like they can’t be a part of the community. Onliners doesn’t want that. Onliners Merchandise Offering merchandise to the community is a popular way to expand the brand presence of an NFT project. Bored Ape Yacht Club does it and so do many others. In this case, the community gets to be a part of extending Onliners’ branding. They get to vote on the merchandise that gets manufactured and sold to enthusiasts. Onliners Season 2 The second season of Onliners features animations and varying traits made in the likeness of users. First dibs go to long-time community members or those who hold bigger bags of tokens. Onliners Charity Initiatives Many NFT projects promise to support worthy causes. Onliners wants to give back to those in need through well-known NGOs, providing computers and learning tools to those underserved individuals. The goal is to donate a minim of $50,000 as the project continues to achieve its milestones. Onliners Charity As the project progresses, they want to give back to those in need. The Onliners Team will donate $50,000 to known NGOs to allow those in less fortunate countries to purchase necessities like learning tools and computers.  

$20,000 or $32,000? Both feature in the outlook for Bitcoin price action going forward.

What activity will result in a validator having its stake slashed? Would censoring transactions suffice? Who gets to determine when a validator has been acting "bad" and is going to have its stake slashed? Is there any mechanism to prevent bad faith slashing? submitted by /u/Maticus [link] [comments]

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

Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in exchange for a $3 million investment in Terra have not been sold or moved. Binance’s LUNA Tokens Not Sold After his exchange faced criticism for […]

submitted by /u/samdane7777 [link] [comments]

I posted about this plan last week and went through with it yesterday. I’m sure I could of timed it better. But my plan is to stake what’s available of these and cold storage the rest. The plan would be to revisit all these purchases between 2024-2026. If they’re still alive either hodl longer or…
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is there an easy way for an NFT contract to donate to public goods? Meaning is there an address, contract, or dao on Optimism L2 that handles the public goods part? Or, does each project need to be responsible for managing that part? Thanks submitted by /u/NelsonQuant667 [link] [comments]