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The post Litecoin’s Mimblewimble Upgrade Crumbles Bears! LTC Price Poised For $250k!  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Litecoin’s price has seen quick gains as its much-awaited Mimblewimble upgrade kicks in after two years of development. The upgrade has opened the door to higher privacy-focused transactions on the network.  Mimblewimble’s integration into Litecoin came by way of the Mimblewimble Extension Block , called MWEB . The network aims for the platform’s users to conduct confidential transactions. Followed by the upgrade, the LTC network has regained terrific strength in on-chain.  Litecoin’s Mimblewimble Crumbles Bears!  Bitcoin’s brother followed the general market sentiments on Tuesday with 5.15% gains in the last 24 hours. The boost in Litecoin’s price action is largely driven by its Mimblewimble upgrade. Selling pressure triggered by macro factors will remain mitigated in February, and massive...

The post DEA Announces Original Land NFTs For Its PlayMining Metaverse appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Functional nonfungible tokens are set to play a bigger role in the PlayMining Metaverse with the launch of its first collection of “Land NFTs” in the coming months.  The PlayMining Metaverse is home to popular play-to-earn games such as JobTribes, the card trading game, Puzzle×JobTribes and Lucky Farmer, and is dominated by so-called “Creator Nations”, which can be thought of as different factions within the game. By allying with a faction, players may find it easier to earn NFT-based assets in the game that can then be sold for cryptocurrencies, allowing them to effectively make a living from playing.  Users will finally be able to claim citizenship at one of these nations – the Fujiwara Kamui Nation – when the first Land NFTs go on sale in Digital Entertainment Asset’s NFT marketplace in spring. Players will need to...

The post OpenSea Surpasses Uniswap to be the Leader on Ethereum Platform!  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Ethereum blockchain is well-known for its incase gas fees, which reaches their peak each time during huge congestions. Also, during the DeFi boom, and the recent 2021 bull rally, a hefty amount of transaction fees was collected by the platforms like Uniswap. Sometimes the transaction fees hot up to be nearly 80% of the whole transaction amount. However, a new competitor has emerged who has dethroned Uniswap to be the leader when it comes to the share of gas fees.                                             According to the new reports released by nansen, an analytic tool, Opensea is the leader among the other the other Consumer entities for having a huge gas f...

The post Unizen’s CeDeFi Alliance, A Crypto Non-Profit Focusing On Compliance appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide It was just announced that Unizen has received funding from investment management service Jun Capital , to build CeDeFi Alliance – a crypto non-profit that will focus on compliance.  What is Unizen? Unizen is most well-known for creating Unizen Exchange, a platform designed to find the most cost-efficient trades across a multitude of exchange modules – including Binance, the world’s biggest Bitcoin and altcoin crypto exchange in the world by volume.  The smart centralized decentralized finance (CeDeFi) ecosystem is powered by the centralized exchange module Binance Cloud, along with decentralized exchange modules Uniswap and SifChain.  Ultimately, the platform aims to put traders in a ZEN state of mind when trading, through housing and aggregating trades across trusted first- and third-party exchange modu...

The post Everscale Boosted Staking Program With 20% APY. Say Bye To Bank Deposits. appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The hype The increase of interest in crypto in 2021 was astonishing. The interest switch from fiat money to blockchain-based tokens was one of the hottest topics in the news, whole countries entered the market introducing decentralized currency to their residents. Bank deposits were losing their positions – close to zero interest rates, government regulations and control are not the things that people wait for from finance these days.  People, hyped by the perspectives of DeFi and NFTs, started onboarding into the economical ecosystem of blockchains. Some of them already heard about the technologies but some were still ‘normies’ who have never dealt with crypto. High APY (Annual Percentage Yield) rates and quick token flipping look very promising and profitable for recently born investors. Anyone’s judgment can...

The post Has Ethereum Displaced Bitcoin’s Hegemony Amidst Inflation Crisis? BTC Price Plummet To $28k Around The Corner appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The cryptosphere has been yearning for a flight to the stratosphere, while the ongoing market trends have been nerve racking. Which have slashed the valuation of the business and the digital asset to a greater extent. The trembling business has been keen on a strategic move to reclaim its lost virtues during bull runs. Successively, a proponent from the industry sheds light on the ongoing market trends and the possible scenarios. In contrast, a report cites that unwealthy investors are keen on crypto investors amidst the concerns of an inflation ridden economy. Which gives moral support to retailers in the industry. Is The Threat Growing More Fierce? The star crypto Bitcoin is down over 45% since its all-time-high, while some of the alts are down by 80%. And most of them have not...

The post Will Ethereum (ETH) Price Run To $7000 Dethrone Bitcoin’s Dominance? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The crypto sphere amidst the economic turbulence has been skittish over the future prospects of the industry. Which in turn has led folks from the business to contemplate the future of legacy cryptos. As the ails prevailing from economic imbalances and their adjustments, regulatory norms, and other factors have been tormenting the space. Successively, crypto folks are now pondering over the possibility of the economic differences giving rise to flippening. As the star crypto, Bitcoin follows the suit of the traditional asset class, losing out on its dominance at a gradual pace. In the interim, an industry proponent sheds light on Ethereum flipping Bitcoin’s market cap hegemony. Is Bitcoin On The Verge Of Losing Out Of Its Game?   The flippening thesis has been creeping into the masses of the crypto market, as altcoins...

The post Here’s When Bitcoin and Ethereum Can Make a Comeback! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Bitcoin and Ethereum, the two largest cryptocurrencies by market cap, are almost 50 percent down from their ATH set last year. The market sentiment is currently bearish with many predicting that there are more losses to follow. Amid all the bearish blues Kraken predicts a comeback for these two coins. Kraken claims that Bitcoin’s spent output profit ratio (SOPR) and Ethereum’s market value to realized value (MVRV) Z-score show that ETH and BTC are trading below their fair value, but that a comeback is possible in its January 2022 crypto on-chain digest. As per the reports, though BTC’s SOPR indicates that most market players are trading BTC at a loss, the situation was considerably worse during Bitcoin’s most recent bull run, falling from $65,000 to $30,000 from May to July 2021 before rebounding to new all-time highs. Furthermore, the...

The post More Pain On Horizon For Bitcoin(BTC) and Ethereum (ETH)! Here’s What CNBC Host Jim Cramer Has to Say appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Above $37,000, the bitcoin price is exhibiting some signs of improvement. BTC has even surged beyond $38,00 and is now looking for a breakout to the upside. Bulls are attempting to calm the market in the middle of the week after prices fell to a six-month low on Monday. CNBC’s famed anchor Jim Cramer , has cited analysis from experienced expert Tom DeMark and predicts that the current ongoing sell-off in the world’s two major cryptocurrencies may be nearing an end. Bitcoin fell to $32,982.11 per token on Monday, its lowest level since July. BTC, on the other hand, reversed direction and surged to over $36,000 during the trading day. The cryptocurrency is still far from its all-time high of around $69,000, which it reached in November last year. The second-largest cryptocurrency Ether als...

The post Is This The Crypto Market’s Worst Nightmare? Will BTC Price Plunge To $10K This Quarter? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The crypto market’s turmoil finds no end to its ails, as the asset class continues to remain under the clutches of the bears. Despite the FOMC’s meet not unfolding major setbacks to the economic markets. Meanwhile, traders from the business remain dubious over the industry’s future prospects. In the interim, a recent bill in Congress gives draconian powers to the treasury, that haunts the crypto business. While the terror of FED’s amendments sails to a later date. Proponents from the business intend to voice against the bill, to help the business from drowning further. Is The Crypto Town Heading Towards Another Major FUD?    The recent FOMC meeting did not turn as bearish as it was pictured to be, as the FED does not enact major amendments. Such as hike in interest rates, balance sheet reduct...

The post Bitcoin To Hit  $1million & Ethereum Price To Reach $168k! Here’s When  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Bitcoin price uptrend was halted near $39,000 after the Federal Reserve announced it will increase the interest rates in March this year. The altcoins, which were also heading north, dropped following the path of flagship currency Cathie Wood’s ARK Invest has made an incredible prediction for Bitcoin and Ethereum prices. Bitcoin may reach a value of $1 million in 2030, according to their Big Ideas Summit 2022 (BIS 2022) report. Ethereum’s market cap will also skyrocket to $20 trillion in the following decade. Market Dominance Analysts at Cathie Wood’s investment management firm, ARK Invest, believe that the two biggest cryptocurrencies will achieve even greater market dominance over the next decade. Bitcoin might reach a price of nearly $1 million per Bitcoin by 2030, according to the firm’s BIS 2022 res...

The post How To Keep Up With The Development Of Crypto appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The cryptocurrency market grows day by day. There are thousands of assets and platforms to trade with in the modern cryptosphere. But what is the most convenient and profitable way to transfer token A to token B across blockchains; BNB to MATIC, LINK to CAKE for example?  Crypto is always changing rapidly, and that’s why you need to have the right crypto tools on hand. It’s crucially important not to miss the chance to buy, sell, or swap crypto, and one needs to act fast. But sometimes, it’s nearly impossible to do; with all these different bridges and swaps that are needed to place cross-chain transactions. Even one extra minute can mean the world to you – but what if you want to swap assets across two different blockchains as quickly as possible? Fortunately, there are various platforms that enable trading across blockchains, without w...

The post Rubic, The Ultimate Cross-Chain Swap, and Trading Platform appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The cryptocurrency market grows day by day. There are thousands of assets and platforms to trade with in the modern cryptosphere. But what is the most convenient and profitable way to transfer token A to token B across blockchains; BNB to MATIC, LINK to CAKE for example?  Crypto is always changing rapidly, and that’s why you need to have the right crypto tools on hand. It’s crucially important not to miss the chance to buy, sell, or swap crypto, and one needs to act fast. But sometimes, it’s nearly impossible to do; with all these different bridges and swaps that are needed to place cross-chain transactions. Even one extra minute can mean the world to you – but what if you want to swap assets across two different blockchains as quickly as possible? Fortunately, there are various platforms that enable trading across blockchain...

The post Will The Oncoming FOMC Meeting Be Detrimental For The Crypto Market’s Plunge To 45% By The End Of The Month?  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The global crypto business has been ebbing in turbulence of the burdening market trends. While the business is yet to retrieve from the losses of the recent crash. Folks from the industry remain anxious over the scheduled FOMC meeting. Which has been threatening the economies, businesses, and money markets. The crypto market is now engulfed in fear and uncertainty, over the FOMC meeting and the possible amendments. Which would have significant impacts to the business, and traders are fearing major corrections in the valuation of assets. The business has already lost its threshold at capitalization, and the numbers are presently at $1.77 trillion, which is expected to take a toll again. However, sections of partisans from the business pin optimistic hopes. Is The FOMC Threat An...

The post Cardano’s DEX Sundaeswap Fails To Impress The Audience! Will, It Soon Fixes The Bugs To Reach Billion Mark In TVL! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Sundaeswap holds the superiority of being the first-ever DEX to be launched Cardano’s blockchain . Its mainnet launch was filled with criticism as the decentralized application experienced major network congestion issues since the beginning.  On the other hand, it is also noted that the DEX is failed to keep up its promise in its collaboration with Cardstarter . As a whole, it is bringing the greatest threat to the brand value of Cardano. Hence, it needs to focus on delivering the promise that it has made to traders and should fix the network congestion problems as soon as possible.  Sundaeswap Transactions On A Holiday? SundaeSwap launched its DEX mainnet on January 20th, 2022 which enables investors to trade, stake, and lend tokens on the network with reliable ...

The post AWO, AIWORK’s Native Token Driving the Platform appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide We’ve already talked about AIWORK, its ecosystem, and how it blends blockchain technology, Artificial Intelligence, and human experts to create enhanced metadata for online video content. But, what drives the platform and community, incentivizing users and fueling growth? This is where AIWORK’s native token, AWO, comes in. Let’s briefly look at the AWO token, tokenomics, and its utility in the AIWORK ecosystem.  The AWO Token  As mentioned, AWO is AIWORK’s native token. It is an ERC-20 token that serves to fuel growth on the platform. The token acts as an incentive for users to participate in AIWORK, offering their computing resources for the verification, transcription, translation, and other processes on AIWORK. However, the AWO token has uses beyond this, predominantly in:  Operations Licensing Research Development Marke...

The post Bitcoin To Take The Entire Crypto Market’s Capitalization Down To $250 B? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The crypto-verse continues to dwindle amid the treacherous economic impacts. The steep slashes have deterred the optimism of the masses in the crypto fraternity. The plight of the crypto traders has been growing vicious as proponents expect a deeper plunge in the midst of the FOMC’s meeting.  Successively, the fear and uncertainty of the market trends have left traders in a dilemma over their plan of action. Moreover, folks from the crypto town are now analyzing the aftermath, if Bitcoin and the crypto market slides down to talked-about levels. However, sections have been advocating the crypto market emerging from its shadows. The Crypto Market’s Crash Is An Investor’s Worst Nightmare?  The crypto town is expecting a prolonged phase of corrections, leading to digital assets being chained to narrow bandwidths...

The post Blockchain Infrastructure Provider QuickNode Partners with Twitter to Verify NFT Profile Pictures appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Venturing deeper into the realm of Web3, Twitter has now announced a new feature that will let users showcase their NFTs as their profile pictures (PFP) on the platform.  Non-fungible tokens (NFTs) are the burgeoning sector of the crypto industry that has gained mainstream adoption and on the back of strong 2021, continue to gain traction this year. More and more companies are also joining in with Facebook and its sister company Instagram announcing that they are working on a feature that will let users display NFTs as their profiles. Twitter is also getting serious with its latest feature. However, for now, it is only available for limited users. The NFT feature is available to iOS users but will be viewable across all platforms to all Twitter users. The feature is further restricted to u...

The post Sneakmart Unveils Metakicks, the First NFT Mystery Sneakers Box Collection appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide French Startup Sneakmart , has leveraged the sneaker madness and the booming secondary resale market to launch Metakicks, a collection of NFT sneakers in mystery boxes for sneaker addicts. Metakicks’s mystery NFT concept is the first of its kind in the industry, with Sneakmart aiming to attract sneaker users to the digitalized fashion industry and drive the adoption of NFTs.  The introduction of Web3 and the massively growing NFT market has given brands a wakeup call on how to boost sales and grow their audiences. Not only that, it has given sneaker users the opportunity to own a limited pair of sneakers and resell it on the secondary market up to 10x their prices.  In 2021, the resale market was worth over $6 billion. Now, with fashion brands like Sneakmart venturing into the NFT world with its unique Metak...

The post A Crypto Payment Processor Triples its Volume in 2021: Analyzing CoinsPaid’s Success appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide With the news that Tesla now accepts DOGE in its merch store, all eyes are once again on crypto payments. Leading cryptocurrency payment processors, such as CoinsPaid , reported 300% increases in volume in 2021: businesses are ready to embrace crypto, which allows them to cut payment costs by 80%. Billions in BTC Payments Pass Through Major Gateways It’s not often that a payment provider triples its processed volume in a year – yet that’s exactly what CoinsPaid did in 2021. It outperformed many crypto payment providers, with transaction volume increasing by 318% between January and November 2021 to reach 4.8 billion euro.  The number of transactions handled by the blockchain payment gateway grew by 111% in the same period. Out of the 13.5M payments processed by the company since its launch in 2014, al...

The post Crypto Market Continue to Plunge : Should Traders Buy This Dip, or Wait For a Steeper Fall? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Well, the broader cryptocurrency market has entered its second day of huge drop, with Bitcoin in the red. Despite the fact that Bitcoin has dropped 47 percent from its all-time high of $69,000, here’s why we think it’s still a good idea to wait and purchase the dips. Despite Bitcoin’s sharp correction over the last week, open interest in Bitcoin futures remains high. We may not be done with the correction until the Bitcoin OI goes neutral or negative, according to historical tendencies. Crazy part is open interest still hasn't flushed pic.twitter.com/ivkPiYSTzQ — Will Clemente (@WClementeIII) January 21, 2022 Bitcoin has also produced a daily closing under $36,5000 levels on the technical chart. Since July 25, 2021, this is the lowest daily closing. Bitcoin has closed below the 0.789 FIB, ...

The post Crypto Market Crash : Is This The Pullback Before A 125% Catapulted Flight ? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The coin market has been sailing the rough storms, which have made a devastating impact on the crypto town and its residents. The torrential market crash has thrashed the valuation of the business and the digital assets listed in the crypto directory. The space has incurred over a trillion dollars in losses in the prolonged market cycle.  The coin market’s market cap is now at about $1.62 Trillion, which is an 11.43% decrease over the previous day. And is down by over $1.38 Trillion since the peaks at $3 Trillion. Successively, the majority of the digital assets have faced the wrath of the cycle. Wherefore, novices have been immensely affected owing to their investment blunders. And critics have been backlashing the business.  Is This Crypto Industry’s Biggest Set Back?    Novices, critics, and...