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Showing posts from December, 2022

2022 Was a Year to Remember and 20 Crypto Jokes

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In this last cryptoweek of 2022, this happened: researchers at Bithumb predicted that trust would return to crypto markets next year, while Octopus Network founder said that the crypto winter would last at least another year. Famed investor Bill Miller was still bullish on bitcoin despite the recent crypto meltdown, Michael Saylor continued investing in BTC with a $42.8m purchase through MicroStrategy, and Changpeng Zhao shared what he considered to be the reasons for the recent FUD surrounding Binance. Galaxy Digital decided to buy Argo's Helios Bitcoin mining facility and provide an additional $35 million loan to help with restructuring efforts, while no deal was made in the acquisition talks between Nexo and Vauld, with two lenders sharing contracting information. In the FTX legal woes saga, General Counsel at the US SEC Dan Berkovitz stepped down amid reports that he had met and dined with Sam Bankman-Fried (SBF), SBF was expected to enter a plea related to

NFTs Volume On VeChain's VeSea Surpasses 100M: 2023 To Be A 'Banger'?

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Despite the odds, VeChain continued to grow in a positive direction in 2022. At the beginning of Q4, it announced expansion plans for its team in Europe. The VeChain Foundation revealed that the company was to hire 100 new developers to work in Europe, “pushing out new tools, technologies, developer libraries, and so on.” VeChain has parallelly been expanding its footprint and real-life use cases over the past few months. Recently, the foundation announced that the world’s most valuable NFT with a real-world application was minted on the VeChainThor blockchain. Now, its leading NFT marketplace, VeSea , has scripted another record. The platform surpassed 100 million in total trading volumes recently. The number currently stands at 101 million VET . Parallelly, the number of NFTs minted on VeSea has crossed 134k and the marketplace boasts over 252.6k items at press time. VeSea’s official tweet announcing the volume milestone asserted, “2023 is going to be a banger.” Source:

What is Swan Bitcoin and how does it work?

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Swan Bitcoin has simplified Bitcoin saving with automatic recurring buys and one-time buys. Find how Swan Bitcoin works. When someone wants to buy Bitcoin (BTC), they usually take the route of a cryptocurrency exchange. Newbies may buy BTC on just any exchange they come across, while those with some sort of experience may opt for a reputable one. The exercise though bears little fruit as most exchanges function almost identically as centralized entities, often working as custodians of the crypto assets of the buyers. The security factor is generally limited to passwords and 2-factor authentication (for the buyers who have opted for it). Customer support, wallet support and ease of use are other factors that buyers might consider when zeroing in on an exchange to buy Bitcoin. Exchanges have a drawback when it comes to supporting customers who want to buy Bitcoin. With an array of digital coins on their platforms, it is simply not possible for them to focus exclusively on Bitcoin buyers

Play to Earn With Calvaria - The Next Big Thing in Crypto Gaming?

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com . Prior to the blockchain era, gamers spent so much time playing franchised games, and the only reward for spending countless hours was the thrill and adventure. However, the blockchain space is quickly introducing a system where players can generate revenue from the games they interact with. Even more interesting is that players own 100% of all in-game assets they generate from playing the game. One such play-to-earn game is the newly released blockchain card game, Calvaria: Duels of Eternity. What Is Calvaria? Calvaria: Duels of Eternity is an online strategy game that allows players to participate in tournaments through cards representing different in-game characters. Each card is a non-fungible token (NFT) with unique abilities and traits.  Players are tasked with assembling the best deck of cards to battle one another.

Argo Blockchain sells top mining facility to Galaxy Digital for $65M

Argo Blockchain reduces its total debt by $41 million by selling its flagship Helios mining facility and getting a $35 million loan from Galaxy. Cryptocurrency Mining firm Argo Blockchain has taken a difficult decision to sell its flagship Mining facility Helios in order to survive the ongoing bear market. Argo Blockchain CEO Peter Wall officially announced on Dec. 28 a deal with Mike Novogratz’s crypto investment firm Galaxy Digital to sell Helios facility for $65 million. Argo has already been cashing its mined Bitcoin (BTC) to reduce the loan to Galaxy. Additionally, Galaxy will also provide Argo with a new $35 million equipment finance loan to help the troubled miner reduce its debt. “We’ve used the proceeds of that sale in a new Galaxy loan to pay off the debt that we owed to NYDIG and a tiny bit to another secured lender,” Wall noted. The new transactions aim to reduce Argo’s total debt by $41 million, improve liquidity and operating structure, allowing the firm to continue its

Dash 2 Trade Crypto Presale Ends in 9 Days – Buy This Crypto Before CEX Listing

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Join Our Telegram channel to stay up to date on breaking news coverage Dash 2 Trade has drawn attention from investors and media platforms. Over $11 million has currently been raised during the D2T token presale. Dash 2 Trade is one of the profitable presales launches this year and have raised millions, here is the presale update that about to end very soon. The full updates of Dash 2 Trade presale video above, follow his YouTube channel for more crypto presale updates. About Dash 2 Trade Dash 2 Trade is made to enhance your cryptocurrency trading, from developing and testing trading plans to following the most recent news and on-chain data that keeps you updated of the market. Dash 2 Trade excels at exposing the information that truly affects performance, giving you a comprehensive knowledge of the indicators that are most crucial when making informed trading decisions. Dash 2 Trade (D2T) Presale Update The Dash 2 Trade presale has received a lot of attention from investo

Crypto Experts are Stocking Up on These Altcoins Before the New Year – Find Out Why

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On December 26, major cryptocurrencies traded mixed after the global crypto market cap grew marginally by 0.10% to $812.31 billion on the previous day. The entire cryptocurrency market volume in the last 24 hours is $22.98 billion, a 34.28% decline.  The overall volume in DeFi is currently $1.55 billion, accounting for 7.04% of the entire 24-hour volume in the crypto market. The total volume of all stablecoins is now $20.01 billion, accounting for 91.07% of the total 24-hour volume of the crypto market. For weeks, cryptocurrency prices have been stuck in a narrow range, encouraging investors to seek out other assets with higher near-term returns. The largest presales in the market are available to investors early on. FightOut (FGHT) FightOut The FightOut (FGHT) platform works similarly to a personal trainer, except that the FGHT token is proactively paid for exercise time. All activities are recorded and can be used to improve the statistics of one's metaverse a

Celo Price Prediction for Today, December 25: CELO/USD Bulls Could Target $0.65 Resistance

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Join Our Telegram channel to stay up to date on breaking news coverage The Celo price prediction shows that CELO is currently breaking above the $0.50 barrier as the coin faces the upper boundary of the channel. Celo Prediction Statistics Data: Celo price now – $0.50 Celo market cap – $239.9 billion Celo circulating supply – 478.8 million Celo total supply – 1 billion Celo Coinmarketcap ranking – #101 CELO/USD Market Key Levels: Resistance levels: $0.75, $0.80, $0.85 Support levels: $0.30, $0.25, $0.20 CELOUSD – Daily Chart CELO/USD is seen refreshing to a new high after touching the daily low of $0.49 to move above $0.55 while currently trading at $0.50 with a bullish crossover above the 9-day and 21-day moving averages. On the contrary, the bears may intend to increase buying pressure if the market price head to the upside but the bulls could collect more on the price dips if the price slides and face the downside. Celo Price Prediction: Would CELO Price Push Hi

Cardano Price Prediction – Can ADA Blast Past $3 Next Year?

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Cardano (ADA) price is holding its last line of defense a week after sliding below its critical support at $0.30. The cryptocurrency market has been deplorable over the last two months, with Sam Bankman-Fried and FTX topping the headlines. Due to the contagion spread from the fall of the FTX exchange, experts predict crypto winter to go well into 2023. However, a steady increase in stablecoin volume, as shared in the latest report from CoinMetrics, shows that there will be enough deployable resources to change the course of the trend once confidence in the crypto sector has been restored. Therefore, a blast in Cardano price to $3 is plausible. Meanwhile, ADA exchanges hands at $0.2578 at the time of writing (Saturday – European session). CoinMarketCap has reported a 38.78% drop in trading volume to $126 million. The smart contracts token ranks ninth in the market, boating $8.89 billion in market cap. Cardano Price Prediction as ADA Sinks Deeper into The Buy Zone Car