Category: Cryptocurrency News

do you think star atlas is a sound investment? and atlas polis coin? why are the two tokens for one game? submitted by /u/redditusermazafaka [link] [comments]

We’ve only been in the new year for a few days, and OpenSea is proving to be NFT’s open sea. On the second day of 2022, the NFT marketplace, which features some of the biggest blockchain-based collectibles from Bored Apes to CryptoPunks, announced $243 million in sales. The figure went up significantly during new year’s eve. The company made $170 million on January 1 and $124 million on December 31. Opensea Sales Increased 646x In 2021, Cruises Into 2022 OpenSea ended 2021 with a total trading volume of nearly $14 billion. According to data from Token Terminal, the top NFT marketplace witnessed a volume of $21.7 million in 2020, implying that trading surged by a factor of 646 last year. OpenSea daily cumulative transaction vol. Source: Token Terminal OpenSea left its competitors in the dust.  According to data from DappRadar, the next largest platform, Rarible, handled $260 million in transactions in 2021. Only a few niche collectors were aware of the possibilities of NFTs this time last year. OpenSea is now just one of several companies that have tapped into the rapidly expanding market. OpenSea accounted for more than $60 billion ($14 billion) of the $20 billion in NFT revenues recorded in 2021. Statistics from Dune Analytics, a free blockchain data analytics platform, shows that OpenSea’s daily trade volumes have exceeded $200 million for six of the ten days so far in 2022. In 2022, OpenSea is on the verge of surpassing $2 billion in traded NFTs. Since the beginning of 2022, they have generated over $1.9 billion in trade activity. ETH/USD plunges further as BTC struggles to recover. Source: TradingView Bored Ape Yacht Club was the collection that earned OpenSea the most money in 2021. Bored Apes, which debuted in April and is based on the success of the original generative avatars, CryptoPunks, began a new trend of NFT animal avatar projects. BAYC has seen a trading volume of about 280,000 ETH, or around $1.06 billion, since its launch, accounting for 6.3 percent of OpenSea’s total volume. While these collections are commanding record-breaking prices, data points to the Prime Ape Planet PAPs and the Bored Ape Kennel Club as potential emerging markets. Time will tell if they have staying strength, but in the meantime, they are contributing to a thriving market and some pretty incredible numbers. Related article | Eminem Buys Bored Ape Yacht Club NFT That Looks Like Him For $452K Here Are Some Other Projects To Consider On OpenSea Metawatches Metawatches is the first NFT watch company of its sort. The first to bring together cutting-edge technology with high-end art. Fully working NFTs with three separate modes for displaying the owner’s current time: Metaverse, Smartwatch, and Clock. The synergies that exist between art and technology are the focus of these functional NFT artworks. They mix the functionality of a smart watch with the luxury that is currently lacking in smart watches. On January 8th-10th, 2022, “The Analog Summer 2021” was issued with a mint price of 0.8 Eth. On January 10th,  the NFT watch collection was revealed, with a total of 1,234 NFTs. All 1,234 NFTs have distinctive rarity qualities. They all trade on OpenSea. The company also collaborated with internationally renowned NFT Artist Kenny Schatcher to create an exclusive collection of ten watches, which are only available through the Nagel Draxler Gallery. The Moon Boyz The Moon Boyz are a group of 11,111 distinct characters that exist on the Ethereum Blockchain. Each NFT is one-of-a-kind and 3D-designed, and it includes complete membership in an ever-growing community as well as superb utilities. The Mekaverse The MekaVerse is a collection of 8,888 generative Mekas inspired by Japan’s Mecha worlds. Mattey and Matt B, two pals and 3D artists who have gone headfirst into the NFT space, created the MekaVerse project. The MekaVerse project’s roadmap involves bringing the Mekas to life through high-quality 3D-printed toys. The MekaVerse project is still in progress, with the founders and holders of the characters driving the plan. The project’s goals include streetwear, partnerships with well-known artists, and the possibility of making short films based on the characters. Related article | a16z, Mark Cuban invest $23 million in NFT platform OpenSea Featured Image from Shutterstock | Charts by Token Terminal, and TradingView

Mine was a shitcoin dex aggregator rugpull called octofi. Got cocky from easy bull run gains, put about 2k in and sold at about a 90% loss after hodling and hoping too long. The signs were there that the project was dead. But I was fooled by getting an entry 50% below ATH, and seeing…
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At the beginning of 2021 I got into crypto and like most newbies I was fomoing at the top and panic selling on the dips. I eventually got into a good DCA schedule but that’s when the May crash happened and I ended up down a lot. I kept buying but I definitely felt sad,…
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Estonian Finance Minister Keit Pentus-Rosimannus has offered to share her country’s experience in regulating cryptocurrencies with the U.S. in a discussion with Treasury Secretary Janet Yellen. Estonia Offers to Share Crypto Experience With the US U.S. Treasury Secretary Janet Yellen and Estonian Finance Minister Keit Pentus-Rosimannus reportedly discussed cryptocurrency regulation during a video call Friday. […]

submitted by /u/Busy-Bonus3010 [link] [comments]

I do not understand how we have 300+ gwei fees during the busy hours and it is persistently over 150 gwei even at the "quiet hours" mostly powered by NFT drops and Opensea activity. And it mostly pfps from what I can see. Does this strike anyone else as bizarre? submitted by /u/StableRare…
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https://preview.redd.it/reejvbbb9ya81.png?width=750&format=png&auto=webp&s=ee4663e86dbb91ae7d1c1f10d034cd428a333095 Hey guys! Go vote on Twitter and show some love to Ravencoin, It'll make the Social sentiment goes up! How are you getting ready for the halving? submitted by /u/HorridAlmond [link] [comments]

Welcome to the Daily Discussion. Please read the disclaimer and rules before participating.   Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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As the government of Kazakhstan claims the country’s power services are stabilizing, thus the Bitcoin hashrate could be on its way to recovery. However, is the situation stable enough for Bitcoin mining yet? Will it ever be? A Recap Just a few days after the Bitcoin hashrate reached an All-Time High, thus recovering from the China ban on crypto mining, another authoritarian crisis hit the bitcoin mining industry in Kazakhstan, taking the hash to drop 15% in 10 days. The country has been the second-largest bitcoin mining spot (after the U.S.) with 18% of the global BTC hashrate ever since China’s miners were forced to find new locations with cheap energy costs. Parallel to the crypto market down movement, on Friday 7th the price of BTC dropped to $41,000 while the coin’s mining in Kazakhstan went dark as the government forced a power and internet shutdown to gain control over raising protests, which had turned violent. The protestors were reportedly voicing their anger toward new high fuel costs. The news has been reported everywhere without complete certainty of what’s happening. Borders, the internet, and other means of communication were blocked, so the information doesn’t reach the world so easily. The latest reports had shown that the uprising has been tamed as Russia’s President Putin stood proudly as the military ally who sent paratroopers last week. A demonstration of power through force. President Kassym-Jomart Tokayev called it “an attempted coup d’etat”, Reuters reported. He alleged that “It became clear that the main goal was to undermine the constitutional order and to seize power.” Both countries had referred to the uprising as a foreign-backed insurrection, failing to blame someone –or somewhere– in specific. “Old man out!” was the protestors’ favorite chant referring to the former Nazarbayev who still holds power. “We are ordinary people. We are not terrorists!!” read a banner from 40 activists. Related Reading | Could Kazakhstan Turmoil Cause Another Bitcoin Hash Crash? Is The Crisis Over? The government gave “shoot to kill” orders. In short: no, the real crisis cannot be over. The violence, however, might have stopped. Reportedly, 164 people (3 children) have been killed, over 2,000 injured, 7,939 were detained. “The violence has been by far the worst seen in the country since independence from the Soviet Union in 1991.” The Telegraph reported “One man who had ventured out to find food was shot dead, according to credible reports, and a Kazakh media group said that one of its drivers had been killed.” It wasn’t simply an internet shutdown: they was no way to buy food, banks were closed in central Almaty, going out was too dangerous, even ambulances were too afraid to work past the 7 pm curfew. It also wasn’t simply about a rise in fuel prices, as the UK-based newspaper reported, the citizen’s despair also comes from “frustration at economic stagnation, revulsion at elite corruption and anger at the dilapidated state of social services and healthcare despite Kazakhstan’s oil and mineral wealth”. The National Security Committee of Kazakhstan claimed that the situation has “stabilized and is under control” and declared the date as a day of mourning. However, others report that the protests enter week 2. Bitcoin Mining In Kazakhstan On the miners’ end, the government intends to tighten rules and introduce extra taxes starting this year. Currently, reports are showing mixed signals about the impact of these events on the industry. An analysis by CoinDesk using data from mining pool BTC.com alleged that the lost Bitcoin hashrate of top mining pools had been nearly recovered, narrowing the loss to 2.2%. The portal reported Alan Dordzhiev, head of the Kazakh National Association of Blockchain and Data Center Industry, had told them that the situation had been “almost resolved” and despite the blackouts, crypto mining regions were “totally fine”. However, internet watchdog NetBlocks reported that a new blackout happened:   And NetBlocks’ director of research of internet monitor Isik Mater told Forkast that restorations made in the country “are limited, unpredictable and don’t satisfy the requirement for a stable connectivity needed for cryptocurrency mining or blockchain applications,” The current hashrate measured by Blockchain.com reads 176 EH/s, still away from the 208 million EH/s ATH on January 1st –but not endangering. Kazakhstan miners had been facing power restrictions. They might have already started to set their sight overseas, and beyond the service’s stability, the ongoing situation is unlikely to make them feel safe and welcomed. Related Reading | Bitcoin Hashrate Approaches New ATH, What Does It Mean For The Price?