Category: Cryptocurrency News

First major upgrade in four years set to accelerate Bitcoin innovation  After briefly eclipsing all-time highs on shocking inflation figures, Bitcoin settled down to finish the week with 2% losses as the long-awaited Taproot upgrade was activated At its peak on Wednesday, Bitcoin flirted with the $69K level. Within a few hours however, fresh fears of an Evergrande-induced financial collapse swept over the market, dragging cryptoassets down alongside the S&P 500. Adding to the blow, the Securities and Exchange Commission then denied another spot Bitcoin ETF application on Friday. This volatility capped gains in the altcoin market, with most smaller cryptoassets finishing the week in the same place they started. However, Zcash, and Litecoin, which both share DNA with Bitcoin, enjoyed double-digit gains as their big brother got an upgrade. This Week’s Highlights Taproot upgrade set to accelerate Bitcoin innovation Bitcoin hits record high on inflation fears eToro lists SushiSwap, Axie Infinity, Quant, and Chiliz Taproot upgrade set to accelerate Bitcoin innovation Bitcoin’s first major upgrade in four years rolled out on Sunday, introducing Schnorr signatures and scripting capabilities to the flagship cryptoasset. Known as Taproot, the upgrade will allow for greater levels of privacy, cheaper transaction costs (particularly for more complex transactions), and improved programmability for simple applications such as multisignature schemes. The additional functionality is expected to accelerate Bitcoin innovation over the coming years, and could boost valuations too. SegWit, Bitcoin’s last major upgrade, took place in August 2017 and was followed by a monster rally that saw prices quadruple. Bitcoin hits record high on inflation fears Ever since legendary investor Paul Tudor Jones said Bitcoin was the “fastest horse in the race”, the cryptoasset been more widely considered an inflation hedge and a viable alternative to gold. This safe haven appeal was showcased on Wednesday, when Bitcoin bolted out the stable on hot inflation data, leaving gold behind as it surged beyond record highs near $69K. Although the price fell shortly afterwards on fears of an Evergrande default, Bitcoin’s reaction to the news cemented its newfound role as an inflation hedge. This reflects the view of Bloomberg analysts, who found in a recent study that “the importance of inflation and hedging against uncertainty” have become more important drivers for Bitcoin, “accounting for 50% of price moves in the latest cycle relative to 20% in 2017.” eToro lists SushiSwap, Axie Infinity, Quant, and Chiliz eToro has listed SushiSwap (SUSHI), Axie Infinity (AXS), Quant (QNT), and Chiliz (CHZ), taking the total number of cryptoassets available on the investment platform to 40. SushiSwap is a decentralized exchange based on the automated maret market model (AMM), Axie Infinity is a Pokémon-inspired blockchain-based game, and Quant is an enterprise-grade interoperability solution for connecting public blockchains. Last but not least, Chiliz is the leading blockchain for sports and entertainment — an industry close to eToro’s heart as one of Europe’s biggest football club sponsors. Note: These new cryptoassets are not yet available in the US. Week ahead As Bitcoin consolidates around all-time highs, traders are keenly awaiting a catalyst to tip prices towards $70K, or the much-anticipated meme level of $69,420. In the week ahead, prices could be buoyed by talk of inflation, which is likely to remain a hot topic amid earnings reports in traditional markets. Elsewhere, Stellar could be in the spotlight as the altcoin hosts its annual community conference on Wednesday and Thursday.

There are a fair amiubt of comments that they'd sell if gas prices serene so high so they're HODLing (perhaps not the best reason to go with s coin). Reading around its difficult to determine whether gas feed will improve in the future, whether its better to go for another coin, even considering the price…
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It may be a tempting sell at 3x gains but last November’s buyers remain determined to “hodl.”

I've noticed that everytime I mention XMR on this subreddit my comments get down voted to oblivion, is there a particular reason that this community doesn't like XMR? And if so what are the reasons. Personally I believe is one of the strongest projects out there with an actual useful usecase. It can be actually…
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Here is A link to my brand new NFT. Im just getting into ethereum and wanted to learn more about the blockchain, so yeh here it is. submitted by /u/korbin26 [link] [comments]

I reside in the US and live with my parents currently due to COVID. I began investing in crypto just last year. I also got laid off last year due to COVID and I shifted to some freelancing work and graphic design and invested in ETH whenever I've had a few extra bucks to spare.…
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The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has claimed that a majority of cryptocurrency transactions are embedded in illegality. He also asserts that there is no room for cryptocurrency in the Nigerian banking space. Pushback Against Endsars Protest Claims In his latest anti-cryptocurrency salvo that was published by the Punch, Emefiele however appeared […]

Titan Hunters’ CEO Vu Duy Tiep unveils his plan to create a video game that many will love while attempting to challenge the top leaders in the gaming industry with the latest Non-Fungible Token (NFT) implementation. Titan Hunters – a GameFi Test for the Veteran Mobile Studio Topebox Topebox is a mobile gaming studio behind critically acclaimed titles like Sky Dancer and Gun N Dungeons. Many major publishing powerhouses, such as Bytedance (the company behind TikTok) and Miniclip (the world’s largest privately-owned online gaming website), have collaborated with Topebox and acquired the right to publish their games. However, Topebox has not settled with these consecutive successes. Instead, the company is always adaptive and flexible toward the industry’s latest trends. “We believe that when talented people have creative freedom and work together, they will make extraordinary video games that achieve the unexpected and move the industry forward. We just knew we wanted to make great games that people would play for years” said by Tiep Vu – CEO of Titan Hunters Titan Hunters – Topebox’s latest GameFi project – is the company’s most recent effort to combine traditional video gaming with blockchain technology flawlessly. The NFT gaming market is something of a trial by fire due to the growing number of competitors, but the endeavor of Titan Hunters has captured many believers. Notably, numerous established and prominent venture capital (VC) firms, including Icetea Labs, Rikeisoft, DAOmaker, GameFi, Evangelion Capital, and many more, have taken an interest in Titan Hunters, and offered to either invest in the project or provide strategic partnerships. As a result, Titan Hunters’ presale round has raised more than $2 million in funds. What is Titan Hunters? Titan Hunters is a shoot ’em up MMORPG with an incredible voxel graphic style combined with a simple, pure and innovative gameplay. In Titan Hunters, people role-play as the Hunters to discover the mysterious yet exciting world of the Titans and immerse in heroic battles against epic bosses. Hunters can play solo or with teammates in Co-op Mode to collect materials from fallen foes and craft new gears to subdue even deadlier Titans. As an easily accessible but high-quality NFT game, Titan Hunters aims to bring everyone a friendly and safe environment via the free-to-play and invest-to-earn model. Why is Titan Hunters a Serious GameFi Contender? Topebox has carefully analyzed the top-performing video game series globally and hand-picked only the best aspects that would set their success in stone. As a result, the team has condensed the following features into Titan Hunters: Colorful voxel graphic: Inspired by Minecraft’s blocky world and Roblox colorful universe, Titan Hunters is seeking a potentially massive audience from all over the world. Easy to pick-up gameplay: Titan Hunters’ gameplay is easy to learn while popular genres such as MOBA (e.g., League of Legends), FPS (e.g., CSO), Card Battles (e.g., Hearthstone) and are far too complex and require gamers to invest their time to learn correctly. Multi-platforms support: Cross-platform support has appeared in many blockbuster games, such as Minecraft and Roblox. Titan Hunters will follow these games’ successful path and introduce as many players as possible to NFT gaming. Low-entry barrier: Frequently appearing on news and social media, NFT is somewhat a buzzword that may confuse new users. Titan Hunters will simplify, educate and make learning about NFT as entertaining as possible. Free-to-play: Not everyone can pay a steep upfront fee to access a video game. For instance, Axie Infinity’s $500 entrance fee for a playable team of Axies has turned off many people wanting to set foot in the NFT space. Meanwhile, Titan Hunters believed free-to-play is the way to go for the most significant audience reach and enjoyment. On the other hand, Titan Hunters targets the conventional mobile gaming space, a highly competitive platform, and currently is the hub for more than 2.2 billion gamers. With a hypothetical calculation, Titan Hunters is competing with: Brawl Stars: a 3 vs. 3 team battle mobile game with 87 million players. Roblox: Video game development platform with more than 250 million users. Minecraft: Cross-platform sandbox video game exceeding 200 million players. Titan Hunters: Combining all of the above characteristics, hundreds million players would hypothetically be possible. Plans for the future Titan Hunters is announcing its dual IDO on the most prominent crypto launchpads in the market, DAO Maker, GameFi and Gate.io on November 18, 2021. Follow the company’s official Twitter or Telegram for more details.    

As the title says. The entire Helium network was down for close to 32 hours because a "superblock" overwhelmed validators which caused a network bottleneck. I figured I'd head to /r/CryptoCurrency to gain some more information on what happened. Do you know what information I got? Nothing. Zilch. Zero. The largest IoT solution in the…
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