The government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in crime investigations. Finnish authorities want to sell the bitcoins soon and say they couldn’t come up with a better idea for the proceeds. Finland Selects Brokers to Sell $75 Million […]
Binance blocked the account of the Kremlin spokesman’s daughter when she tried to use the exchange following the economic sanctions imposed upon Russia.
From 2021 till now, the metaverse concept has increasingly gained popularity and evidently has no plans of slowing down. Indeed, this popularity can be attributed to different metaverse platforms making giant strides and driving adoption. One of them is “Over the reality,” a fast-growing metaverse platform merging physical and virtual reality through augmented reality. Since its inception, Over the Reality has been known for strategic and significant partnerships centered around driving growth and building a rewarding ecosystem for its community. In the latest news, Over the reality announces the listing of OVR, its native token, on Kucoin, a leading cryptocurrency exchange supporting over 600 cryptocurrency coins. This means OVR is now listed on nine exchanges. To trade $OVR on KuCoin: Deposit/Withdrawal Network: ERC-20 Trading Pair: OVR/USDT. While talking about the OVR being listed on KuCoin, Diego Di Tommaso, the “Over the Reality” co-founder, said, ” We’re proud to be listed on KuCoin, Tier1 exchange ranked in the top 5 list from CoinMarketCap. Another important step for the growth and accessibility of the OVER platform. Kucoin is one of the most important crypto exchanges worldwide, consistently ranked among the top 5 exchanges from CoinMarketCap. With the OVR token listing, we’re officially making our first step into the Tier1 exchanges landscape. Another important achievement for OVER on the path to mass adoption, an amazing onramp to facilitate the onboarding of users unfamiliar with direct blockchain interaction”. KuCoin $OVR Listing Celebration Contest Over the Reality Metaverse in conjunction with KuCoin has announced an upcoming contest to celebrate its native token $OVR listing on KuCoin for qualified KuCoin users. They’ve prepared a giveaway campaign containing a reward pool of 29,000 OVR (approximately $40,000) for the purpose of this celebration. This campaign is set to run from 10 am April 28, 2022, to 10 am May 5, 2022 (UTC). Participation is divided into three main activity categories: Activity 1: OVR Airdrop for Metaverse Fan, Claim Your Share of the 5,000 OVR on KuCoin During the campaign period, users who complete the following steps will be qualified to claim a 25 OVR airdrop each: KuCoin users performed at least one trade of any KuCoin Metaverse projects from 00:00 on April 20, 2022, to 10:00 on May 5, 2022 (UTC); Have an OVR/USDT trading amount (buys + sells) that reaches 150 OVR. KuCoin will randomly choose 200 lucky users (from the above-qualified users) to equally share a 5,000 OVR prize pool. Each lucky user will receive a 25 OVR reward. Activity 2: Trading Competition, Win a Share of a 16,000 OVR Prize Pool The top 20 accounts with the highest trading amount (buys + sells) of OVR on KuCoin during the competition period will win a share of 16,000 OVR. Be One of the Top OVR Traders! Do Not Miss the 16,000 OVR Prize Pool! The rewards will be distributed as follows: Ranking Rewards Top 1 1,700 OVR (approximately $1,250) Top 2 1,500 OVR Top 3 1,200 OVR Top 4-10 800 OVR each Top 11-20 600 OVR each Activity 3: Participation Rewards, 8,000 OVR Is Up for Grabs! The users who meet the following requirements will share an 8,000 OVR prize pool in proportion to their trading amount. Have an OVR trading amount (buys + sells) that reaches 300 OVR; Add the OVR/USDT trading pair to their Favorites List. *The reward for the qualified users = (Each user’s total trading amount / all qualified users’ total trading amount) * 8,000 OVR. Note: Trading amount = buys + sells; The Sub-Accounts and Master Account will be treated as the same account when participating in the OVR activity; The winners of Activity 2 will not be eligible to receive the Activity 1 & Activity 3 rewards; The winners of Activity 1 will not be eligible to receive the Activity 3 reward; The final rankings will be updated within 5 working days of the campaign ends; Rewards will be distributed within 7 working days of the campaign ends; The trading activity on the platform will undergo rigorous inspection during the activity. For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc., the platform will cancel the qualification of the participants. KuCoin reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. The final decision made by KuCoin is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin are voluntary and are not forced, interfered with, or influenced by KuCoin in any way. Conclusion The $OVR token is definitely one to look out for. The introduction of IBCO provides a variable amount of $OVR by issuing new tokens in response to price increases (when individuals buy OVR with DAI on the IBCO) and burns them in response to price declines (by acquiring tokens from the market with DAI reserves). Therefore, the IBCO’s ability to absorb liquidity is the key to accelerated token burn. From the KuCoin listing to the IBCO update, Over the reality metaverse platform is constantly working to build a highly profitable ecosystem without compromising on users’ experience.
In readiness for the imminent listing of our crypto currency, GMRX, we want to explain our philosophy and strategy and answer a number of questions and address some misconceptions about GAIMIN. Why has GAIMIN established a successful esports company – GAIMIN Gladiators? GAIMIN.IO Ltd (GAIMIN) is a UK and Swiss based gaming company focused on […]
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There are four prediction market dapps in the world (three of which work), and I will break out and rank them based on my experience using them. They're all non-custodial and allow you to bet in USDC. ❌ Augur 0/10 It doesn’t work. Their v1 failed, v2 failed, and their Augur Turbo/sportsbook has not…
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ETH is a definite king of NFTs. Ethereum chain is outperforming a large number of all the other chains so far. Perhaps PolygonNFT is gonna climb way higher too! Where are Solana believers at? 🙂 That is why we chose ETH + Polygon for our web3 startup for example, in addition to hoping to give…
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Ethereum domain name sales have shot up to a colossal 2,300% with many big names like Vitalik Buterin (vitalik.eth), Paris Hilton (parishilton.eth), and the like rushing into the hype of buying the 3-digit domain identities. The exclusivity and simplicity that Ethereum Name Service (ENS) domain names have is what makes it irresistible and enticing to many users. Suggested Reading | SEC, Ripple Agree To Extend Legal Battle Until 2023; XRP Bears The Brunt Of Case What is ENS? The Ethereum Name Services (ENS) shortens long-winding and cumbersome crypto addresses into short and sweet URLs. ENS is under the Decentralized Autonomous Organization (DAO) established in 2017 which has no centralized government. Nothing beats simplicity. And it’s the main selling point of Ethereum domain names. ENS domains are three- to four-digit names that would end in “.eth”. It’s easier to read and remember than having to memorize or keep a tab of long and ambiguous strings of words. Each domain name is a minted NFT that is sold just like any other regular NFTs. ENS – Universal URL ENS names are said to be the game-changers in creating decentralized, simple, and universal key or URL logins that is a great alternative to using traditional Ethereum wallets. Many celebrities, entrepreneurs, and public figures are proudly using their ENS names as Twitter handles. The minimum number for ENS names is three and it’s the coveted number for many users. It’s important to note that only ENS names can be registered to an ETH wallet. Crypto total market cap at $1.68 trillion on the daily chart | Source: TradingView.com Tuesday saw the massive uptick or surge in terms of sales at around $1.3 million in just 24 hours. ENS started with around $700,000 in sales from April 14 to April 21 and followed by a surge on April 22 to 27 at $3 million. There was an astounding 119% increase in .eth name registrations. Suggested Reading | Metaverse Tokens On Overdrive, Outpace Bitcoin And Ethereum The Elite Ethereum 10K Club Numeric ENS names have also been popular. Some buyers purchase ENS names after the amount they bought it for like 999.eth if they bought it for 99.9 ETH. Three-digit ENS names would usually be set for 6 ETH or equivalent to roughly around $17,000. Similarly, if your CryptoPunk is number 3200 then you would be drawn to 3200.eth. Most NFR collections are numeric which is why ETH names in numbers are so hyped nowadays. The top-grossing NFT collections that are numbered include Moonbirds, Bored Apes, Clone X, and Azuki. A lot of NFT collectors are speculating as early as now on ENS subdomains. ENS names have a fixed or limited supply of only 10,000 domains which is why many people are trying to grab their own ENS while they still can to be a part of the elite and exclusive 10k Club. Featured image from Coin News, chart from TradingView.com
Ethereum has been on quite the journey, from splitting to creating its market presence within a few years. And now, they are looking at saving electricity and other concerns put forth by analysts with their latest validation protocol. The cryptocurrency supports several blockchain networks through its layers-2 services and validations. With all these facts combined together, ETH could very well dethrone Bitcoin as the number 1 largest cryptocurrency network. Related Reading | TA: Ethereum Faces Key Challenge, Why Fresh Decline Still Possible Surprisingly, after all these achievements, one must wonder why Ethereum has been falling since November 2021 after hitting a new high. The reason is that the price is based on speculation about a protocol that will be launched in the future. Unfortunately, the actual date for the protocol has not been announced yet, so people are selling their ETH in anticipation of the lower price. With its current market capitalization, ETH is 10 times larger than Solana and close to 45% of BTC’s value. According to technical insights, there are strong supply and demand zones in the market because people want to buy things for less. FOMO (fear of missing out) has been a major driving force behind cryptocurrency prices. Ethereum Price Analysis ETH’s price trend has repeatedly beaten expectations, but because it is currently trading below the 200-day moving average (DMA) curve, there is a negative sentiment in the short term. With the crypto market still uncertain, buyers have made various attempts to breach Ethereum’s $3,600 level. But the 200-day moving average is slowly dropping. So if Ethereum surpasses this average, there could be a significant price movement to new high levels. ETH is in high demand at $2,400 levels, and there is a good chance that demand will increase even more in the coming days. The only resistance stopping it from going even higher is $3,200 to $3,600, preventing further growth. Since April 2022, the candlestick pattern when ETH 200 DMA failed to cross-resistance has a profit booking in free fall, stability, and more profitability bookings. On April 26, 2022, the crypto market experienced a 6% collapse. This seems to be due to concerns about the influence of Elon Musk on the crypto market. Related Reading | Bitcoin Trades Above $40K Once Again, Will This Time Be Different? The ETH price decreased by 22% in April. The buying strength indicated by the RSI indicator has reduced by 66%. For the last six months, transaction volumes have remained the same, with spikes but average out at similar levels. ETH has a few milestone prices to surpass for the short term. However, before investing in Ethereum, traders should read more about the ETH’s future price momentum and explore market sentiments. The price trend for ETH has been strong for most of this year, but declining demand seems to be weakening. Unfortunately, this decline cannot be identified by looking at its historical data. So one must assess that prices above $4,000 will lead Ethereum upward while values below $2,500 drag them down further. Featured image from Pixabay, chart from Tradingview.com
“The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum, the world’s largest smart contract platform. According to the details, the Optimism Collective will be governed by two components: the Citizens’ House and the Token House. The Citizens’ House will…
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