Category: Uncategorized
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What is CC0, and why will it change the NFT market?
[ad_1] As the NFT industry becomes more formalized, with major artists, studios and brands involved, the space has been grappling with how best to protect intellectual property. For example, Bored Ape Yacht Club retains a strict IP usage and has taken people to court while CryptoKitties uses the NFT License. Until recently, it seemed that…
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Long awaited Hodlonaut vs Craig Wright trial starts
[ad_1] Magnus Granath, a Twitter influencer with the handle hodlonaut, has been in a legal dispute with the Australian computer scientist Craig Steven Wright (CSW) since 2019, and the long-awaited trial finally started in Oslo, Norway, on Sept. 12. CSW has been claiming to be Bitcoin‘s mysterious founder, Satoshi Nakamoto. Many, including hodlonaut, have been…
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September is historically the worst month for BTC since 2013
[ad_1] If historical data is anything to go, Bitcoin’s (BTC) price might dip further this September, which has been the worst-performing month on record for the crypto asset since 2013. Available data shows that the flagship digital asset has only seen its value rise in two September between 2013 and 2021, which were in 2015…
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CryptoSlate Daily wMarket Update – Sept. 9 to Sept. 11
[ad_1] Since September 9, the total cryptocurrency market cap saw net inflows totaling $73.4 billion to climb back above the psychological $1 trillion mark once again. As of press time, it stood at $1.055 trillion, up 7.5% over the weekend. Bitcoin’s market cap grew 12% over the reporting period to $415.8 billion from $370.14 billion.…
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Bitcoin’s realized price shows a bottom could be forming
[ad_1] Determining a market bottom requires looking at various different sets of data. However, when it comes to Bitcoin, there are two frequently used on-chain metrics that have historically acted as solid indicators of its price bottom — realized price and the MVRV ratio. Realized price calculates the average price of the Bitcoin supply valued…
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Derivative staking rewarding up to 40% to combat bear market
[ad_1] The Dotsama derivative staking platform, Bifrost, has launched a new Rainbow Boost incentive program. The loyalty scheme aims to “incentivize liquid staking and activity on-chain.” Any wallet that participated in the Kusama Crowdload will be airdropped with respective “KAR, MOVR, SDN, PHA, and BNC” tokens. Further rewards are reported to include NFTs and priority…
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HODL waves show short-term holders at level lower than 2019 bear market bottom
[ad_1] HODL Waves are an indicator that bundles all active supply addresses by age bands. Each colored band shows the percentage of Bitcoin in existence that was last moved within the time period denoted in the legend. A review of the current state of the HODL Waves chart by CryptoSlate indicates that short-term holders are…
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Southeast Asia’s largest bank sees tenfold crypto trading volume growth in Q1
[ad_1] Trading volumes on DBS Digital Exchange, an institutional crypto trading platform launched by Singapore’s largest bank DBS in December, have increased tenfold over the last quarter, DBS CEO Piyush Gupta revealed in a media briefing. “Even with the careful expansion, the first-quarter numbers have been encouraging. We have about $80 million of assets under…
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Chainlink on-chain activity ramps up after news of improved staking system
[ad_1] Chainlink just announced the first part of what has been branded as “Chainlink Economics 2.0”. The announcement explains a revamp of the current LINK staking mechanics. The planned roadmap includes new staking features such as stake slashing and redistribution, user fee rewards, node delegation, and reputation tracking among others. This positive news comes at…
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Rising star? FLUX enters top 100 following 130% gains over past month
[ad_1] Since August 6, Flux (FLUX) has increased in value by 130% and entered the top 100 cryptocurrencies by market cap, according to CryptoSlate data. On July 12, Flux bottomed at $0.394, providing the spur for a phenomenal runup that peaked on Sept. 6 at $1.437. Bull exhaustion has since set in at writing, taking Flux…