Author: e_cash_top
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Cozies look to tackle web3’s crypto-bro, degen culture through Hygge ‘cozy’ culture NFTs
[ad_1] CryptoSlate spoke with Andrew Fai and the Cozies team regarding the launch of the new NFT project. Cozies is an NFT collection focused around “Hygge,” the Danish concept that roughly translates to “to give courage, comfort, joy” or “cozy” in English. The Cozies team is led by NFT veteran and Asia Blockchain Summit founder…
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How revolutionary new Circle update allows cross-chain swaps and NFTs without bridged assets
[ad_1] Circle and Axelar recently announced a partnership that has the potential to revolutionize the crypto industry altogether. Such a bold statement is one that I would rarely make, but when Axelar reached out to share the news of this accomplishment, I was blown away. The issue of cross-chain bridges and their notoriously high-security risk…
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Bitcoin volatility lower than Dow with another Fed rate hike of 75 basis points looming
[ad_1] The biggest news in the cryptoverse for Oct. 21 includes the likelihood of the Federal Reserve increasing the interest rates by another 75 basis points in early November, the emergence and price surge of two new meme coins created out of a joke from Vitalik Buterin, and Circle and Axelar’s new protocol seamlessly allowing…
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USDC, Axelar’s new protocol has bridge-free cross-chain swaps; does away with bridged tokens
[ad_1] The decentralized, permissionless cross-chain platform Axelar and USDC creator Circle have announced the Cross-Chain Transfer Protocol, which looks to revolutionize cross-chain transfers across the crypto industry. Jason Ma from Axelar stated that “we finally have real programmable money.” USDC will be able to be transferred cross-chain without the need for either wrapped tokens or assets…
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Bitcoin weathers macro headwinds as Dow Jones sinks
[ad_1] Since mid-September, Bitcoin has been “crabbing,” or moving sideways, between $18,100 and $20,500. The noticeably flat price action has given rise to remarks such as BTC is dead and forex trading is the new crypto trading. Source: BTCUSDT on TradingView.com However, taking into consideration the deteriorating macroeconomic environment, a different narrative might be that…
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TRON leads top 10 in continued sluggish market
[ad_1] The cryptocurrency market cap saw net outflows of $9.1 billion since the last wMarket report. As of press time, the total crypto market cap stood at $910.96 billion, down 1% over the last 24 hours. Bitcoin’s market cap fell 0.1% over the reporting period to $365.4 billion from $369.10 billion. Meanwhile, Ethereum’s market cap…
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INTERPOL takes global policing to the Metaverse
[ad_1] International police organization INTERPOL has announced details of its law enforcement-specific Metaverse. The concept intends to bring law enforcement officials together, regardless of physical location, for the purpose of cooperation and training. “the INTERPOL Metaverse allows registered users to tour a virtual facsimile of the INTERPOL General Secretariat headquarters in Lyon, France without any…
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Bitcoin mining remained unprofitable throughout Q3
[ad_1] Bitcoin (BTC) miners had a rough third quarter, with the cost of mining increasing, although BTC’s price continued to fall, according to the Hashrate Index report. According to the report, the rate at which public miners sold mined BTC dropped for the first time since May. Hashprice decrease The best sign of how unprofitable…
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FDIC acting chairman wants stablecoins to be safer before integration into financial system
[ad_1] The federal deposit and insurance commission (FDIC) acting Chairman Martin Gruenberg has acknowledged the role of stablecoins in the digital economy but advocates that it should be properly regulated before integration with the mainstream payment system. Martin Gruenberg in an Oct. 20 speech delivered at the Brookings Center, said that the FDIC was engaging…
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Bitcoin’s on-chain data suggests market has hit the bottom
[ad_1] The current bear market has shown that it is not like previous ones in several ways. One way to track the difference is by looking at the behavior of short-term holders of Bitcoin (BTC) versus long-term holders. In previous bear markets, short-term holders — who have held BTC for six months or less —…