Category: Cryptocurrency News

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Harmony (ONE) is a decentralized blockchain-based platform, built to solve the issues of delivering both scalability and decentralization. It offers tools and functionalities for creating, hosting, managing, and using dApps. There are plenty of compelling reasons as to why Harmony should be part of your portfolio (and its currently on sale) , here are 5…
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The crypto asset bitcoin has seen a phenomenal year gaining 261.5% over the last 12 months and the second leading crypto asset, ethereum, rose by 819.9% since mid-November 2020. However, a slew of digital currencies saw much larger gains during the last 12 months and a dozen crypto assets have gained anywhere between 7,000% to […]

The total market capitalization of stablecoins increased five-fold in the past year alone.

Sequoia Capital led ZK-Rollup protocol StarkWare’s Series C funding round.

The best way to decide to invest in a project is to follow how their strategic ventures capital evaluates the project. In this article, we will help the independent investor understand that with a case study of Real Realm. Since Real Realm IDO date is getting closer on BSC Station (Nov-23rd), the interview will help the community understand how to assess the potential of an NFT game project through the investor’s perspective. The Interview with the CEO of BSC Station – Mr. Scofield, will be very helpful for those who are interested in investing in Real Realm. What’s Real Realm Real Realm is a Blockchain-based war strategy game. Acknowledging the enormous potential in the world of blockchain, Real Realm is now integrated and enhanced, aiming to be an innovative blockchain-based game that naturally applies Free-to-Earn (Free-to-play and Play-to-Earn) mechanisms by unique algorithms. The contents of the interview 1-Could you introduce BSCStation? BSCStation (BSCS) aims to build a Full-Stack DEFI with NFT Auction on the Binance Smart Chain. It will become the economic infrastructure for Defi and NFT powered by Binance Smart Chain. We have established a $2 million fund to invest in promising Metaverse, GameFi & NFT projects in a bid to further innovation in the blockchain gaming space. 2-What do you most appreciate about the Real Realm product? I greatly appreciate that the game is designed for both free-to-play and play-to-earn players. Regarding “free-to-play”, no one is left behind. Throughout the game, players do not need to spend any funds to start their journey. Diligent players who complete the daily tasks and contribute to the game’s ecosystem even can earn enormously. 3- According to you, what are the Unique selling points that Real Realm will attract? Firstly, Real Realm has a powerful combination of the best available features out there (Multiple platforms, Community-driven, Free-to-earn and Intensive NFT stories) and new features: NFT BEP-721 Clans – groups of video game players NFT battles control This combination is unique and extremely attractive. Secondly, Real Realm Universe applies unique mechanisms that enable to establish differences between play-to-earn and free-to-play players but also remain the necessary balance for all gamers. What is even better is that those amazing characteristics are going along with the Mienacia metaverse – the trend of the new era. 4-Why did you decide to incubate the Real Realm Project? Firstly, Real Realm is a considerably potential project in the promising trend of GameFi that BSCS is aiming to invest in. BSCStation Launchpad is created as the next step for truly interoperable DeFi and NFT. A Protocol built for Binance Smart Chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Binance Smart Chain. BSCStation Incubation Hub will be a start-up incubator, a starting place and a platform for leading projects in the field of Gamefi, NFT and Metaverse as well as projects in other fields. Secondly, Real Realm is particularly outstanding in the industry as it has: – Innovative blockchain-based technology with unique algorithms – Various battle modes and diverse features for both F2P and P2F players – All transactions and data are tracked and supervised by prestigious 3rd parties Therefore, BSCS is honored and confident to become Real Realm’s incubator. 5- What is your expectation about Real Realm? I believe that the Real Realm team – a connection of skillful experts in the field of game development and blockchain technology will establish a solid ground to operate the game stably and permanently. I expect that Real Realm will satisfy the demand of earning long-term and steady profits while enjoying great games for most players, which offers the best experiences for gamers and bring mobile games up to the next levels. 6- As an incubator and strategic Advisor, what will you contribute to Real Realm?  The role of a true incubator is to help nascent projects – by providing all kinds of support and consultancy to help projects get through the survival stage. BSCS has successfully incubated many projects before by giving them full-stack support. With BSCStation Launchpad, Real Realm will be able to raise and exchange capital in a  cheap and fast manner. We will fully support all aspects at all stages from pre-IDO to post-IDO: connecting with global prestigious VCs and KOLs, marketing strategy, building community, connecting with service firms (such as market maker, anti-hacking, etc. ), consultancy on listing methods as well as supporting listing on centralized and decentralized exchanges, running farms and start pools, etc.   Photo: Unique Real Realm’s NFTs

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Bitcoin remains range-bound moving around $58,5000 and $60,500 as the general sentiment in the market flips bearish. The benchmark crypto trades at $60,327 with sideways movement in the daily chart. Related Reading | Bitcoin Turns Red, Why Bears Aim A Retest of $55K Only two weeks ago, Bitcoin was blasting through resistance levels in the high around its current levels briefly topping at $69,200. This led to an increase in over-leveraged positions and an increase in funding rates across the BTC derivatives sector that left the market vulnerable to a liquidation cascade. This event led to this week’s crash and seemed to be mainly driven by two crypto exchanges platforms. BitFinex, popularly known as a place where BTC whale conducts their operations, and Binance apparently processed a lot of selling orders. Thus, pushing the price of Bitcoin below $60,000 and into the lows of its range. Binance’s selling pressure might have already cool-off, but a single BitFinex operator persists in their relentless pursuit of further downside price action. Pseudonym analyst 52kskew reviewed this exchange’s trading orders and concluded the following: Bitfinex trying to drag down price again, actor on multiple books. Caution liquidity getting thin, yet no breakdown yet. In that sense, pseudonym traders LilMoonLambo replied that the Bitcoin Bitfinex whale dumping “is giving off serious 2014 BearWhale vibes”. The lone Bitfinex whale dumping $BTC is giving off serious 2014 BearWhale vibespic.twitter.com/yRlx1RqmB7 https://t.co/ILeDN2vJtA — LilMoonLambo (@LilMoonLambo) November 17, 2021 Bitcoin The Epicenter Of A Bear v. Bull Battle While it’s true that traders and operators could be giving BitFinex too much credit for Bitcoin’s current price action, some indicators have begun to turn pessimists, but still far from “full bear market” mode. According to Jarvis Labs, BTC’s 30-day Return indicator has dropped below 0%. As seen below, whenever this metric enters the green zone (below 0%) it’s usually an indication of future appreciation. In that sense, Jarvis Labs said: Time to pay attention if you are a bull and have been looking to buy at cheaper prices. The best times to accumulate in the past year have been when this metric was in the green zone. Some short-term holders have been shaken out and are selling at a loss, according to Bitcoin’s Wealth Multiplier. Similarly, to the 30D Return, this metric hints at a good place for BTC long-term holders to start accumulating. Related Reading | Bitcoin Funding Rates Fall Below Zero In Market Sentiment Reset Jarvis Labs marks $53,000 as the one level that must hold to continue the bull market. In addition, they want to see negative funding rates across top exchanges before starting a fresh leg up into uncharted territory. The firm said: Market needed a healthy reset and it has been ongoing this week. Needs a bit more time to cement the bottom and start a massive leg up. Give it some time and be prepared to use the green button. There is still hope for the bulls as Bitcoin has managed to stay above its critical support with quick buying pressure reacting to fresh decreases. In addition, 52kskew added the following on the alleged influence from Bitfinex whales on Bitcoin: (…) forces takers hand on perp (perpetual futures contracts) premiums while collecting funding sum. Ends very soon in my opinion.