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NFT News
Pymnts
2w
273
Image Credit: Pymnts
Trump Family Stablecoin Used for MGX’s $2 Billion Binance Investment
- The Trump family's stablecoin was used for a $2 billion investment into Binance by Abu Dhabi's MGX.
- The investment occurred in March, with World Liberty Financial's USD1 stablecoin being chosen for the deal.
- Although World Liberty's USD1 coin has not been listed on centralized exchanges, it has a market value of approximately $2.1 billion.
- The Trump family has been expanding its presence in the digital assets space with various crypto-related ventures, amidst a push for more crypto-friendly policies in the U.S.
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Coinjournal
2w
216
Image Credit: Coinjournal
Analysts raise red flags on ALPACA’s 1,000% rally after delisting news
- Alpaca Finance (ALPACA) experienced a 1,000% rally after Binance announced its delisting, contrary to the expected decline in value upon such news.
- Analysts suspect market manipulation by large traders, with tactics like 'liquidity hunting' and strategic buying in spot and futures markets.
- The rally in ALPACA's price has raised concerns over deliberate strategies to drain market liquidity before delisting, with traders exploiting futures trading dynamics.
- Similar patterns of sudden price surges before delisting have been observed in South Korean exchanges like Upbit, prompting calls for investor education and potential regulatory measures.
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13 Likes
Crypto-News-Flash
2w
251
Image Credit: Crypto-News-Flash
Crypto News: HYPER and SIGN Now Supported on Binance—Plus 3 More Tokens
- Binance added HYPER, SIGN, INIT, KERNEL, and WCT tokens under its VIP Loan program on April 30, aiming to increase visibility, liquidity, and borrowing options.
- While INIT gained 14% in the past week, other tokens like SIGN, HYPER, KERNEL, and WCT faced immediate declines after the listing.
- INIT stood out with a price rally, reaching $0.7494, while SIGN, HYPER, KERNEL, and WCT experienced intraday and weekly losses.
- Despite the market response showing mixed sentiments and declines for most tokens, the VIP Loan listing aims to provide more trading alternatives for institutional and high-net-worth users.
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15 Likes
Bitcoinist
2w
130
Image Credit: Bitcoinist
Bitcoin Cooling Market Pressure: Veteran Holders On Binance Ease Off Selling Pressure
- Bitcoin's price briefly dropped to $93,000 before bouncing back above $94,000, sparking optimism among investors.
- Long-term Bitcoin holders on Binance have reduced their selling pressure, indicating a positive outlook for the digital asset.
- Old Bitcoin is not being sent to exchanges as before, suggesting a decrease in distribution and selling pressure from experienced investors.
- Spot buying volume on Binance has exceeded selling volume for the first time in over 6 months, reflecting a shift in sentiment towards Bitcoin.
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7 Likes
Medium
2w
325
Image Credit: Medium
Introducing Mystic Bear Forest Club (MBFC): A Story-Driven NFT Universe Begins
- Mystic Bear Forest Club (MBFC) is a universe centered around storytelling, gaming, and community ownership with unique NFT characters.
- The vision behind MBFC aims to empower creativity, provide player ownership, and create memorable shared narratives in the Web3 space.
- MBFC offers a sneak peek at its initial character designs, each contributing to the evolving lore and upcoming adventures in games, events, and quests.
- The focus currently lies on world-building, character expansion, and developing the first major game features, with plans to engage early supporters along the way.
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19 Likes
Newsbtc
2w
108
Image Credit: Newsbtc
Ethereum CrossX Indicators Flashes Buy As Insitution Accumulates, Analyst Says Brace For $4,000
- Ethereum's CrossX indicator is flashing strong buy signals, indicating a potential breakout towards $4,000 amidst a shift from selling to buying in the market.
- Institutional investors are heavily accumulating ETH tokens as revealed by on-chain data, with notable large-scale withdrawals from major exchanges suggesting a longer-term holding pattern.
- The Ethereum CrossX Indicator has recently flashed a strong buy signal, signaling increased demand and institutional interest, setting the stage for potential upward price movement.
- Experts predict a surge above $4,000 for Ethereum based on the CrossX indicator, which historically precedes significant price action and explosive moves, potentially leading to a run towards $4,200 by year's end.
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6 Likes
Dev
2w
134
Image Credit: Dev
The Convergence of Blockchain Security, NFTs, and Open Source Funding
- The article delves into the convergence of blockchain security, NFTs, and open source funding, showcasing their role in shaping the decentralized future.
- It discusses the evolution of blockchain technology, emphasizing scalable solutions like Arbitrum’s optimistic rollups and NFT security measures.
- The article sheds light on sustainable funding models for open source projects, highlighting the importance of community collaboration and peer-reviewed code.
- Core concepts explored include decentralization, cryptography, consensus mechanisms, smart contracts, and NFT security innovations.
- Various open source funding models like venture capital investments, grants, and crowdsourced contributions are detailed for sustaining blockchain innovation.
- Challenges such as scalability, smart contract vulnerabilities, user adoption barriers, and regulatory uncertainties are identified in the article.
- Future trends in blockchain security and NFTs include advanced consensus protocols, AI integration, enhanced interoperability, and the evolution of NFT ecosystems.
- Open source funding and community governance are expected to evolve with decentralized autonomous organizations and innovative collaboration platforms.
- The summary emphasizes the critical role of decentralized technology and the importance of robust safeguards, scaling solutions, and sustainable funding for the digital ecosystem.
- Collaboration, technological advancement, and creative funding solutions are highlighted as key factors in steering blockchain technology towards a secure, efficient, and inclusive future.
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8 Likes
Medium
2w
65
Image Credit: Medium
Seismic Blockchain vs. Other Layer 1 Blockchains: A Simple Comparison
- Seismic blockchain incorporates encryption into its core protocol to ensure built-in privacy, unlike other Layer 1 blockchains which operate with full transparency.
- Seismic's focus on on-chain privacy makes it suitable for industries requiring confidentiality, offering features like private DeFi protocols and secure data sharing.
- By embedding encryption natively, Seismic simplifies the development of applications requiring both performance and security, avoiding the need for additional privacy layers.
- Seismic provides a developer-friendly ecosystem that promotes building encrypted smart contracts as a standard practice, potentially fostering innovation in encryption-driven use cases.
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3 Likes
Medium
2w
60
Image Credit: Medium
NFTs Explained: What Are Non-Fungible Tokens and Why Do They Matter?
- NFTs are unique digital identifiers stored on a blockchain, representing ownership and authenticity of assets.
- Each NFT is one-of-a-kind and created through minting, linking a digital file to a unique token.
- NFTs are built on blockchain technology, ensuring transparency and preventing counterfeiting.
- The distinction between fungible and non-fungible tokens lies in proving digital scarcity and ownership.
- NFTs offer features like provenance tracking, smart contracts, and market opportunities for businesses.
- The use of NFTs spans industries like art, gaming, real estate, credentials, and DeFi platforms.
- Challenges in the NFT space include legal issues, security risks, and environmental concerns.
- NFT Development Companies provide assistance in technical aspects, compliance, and market trends.
- NFT marketplaces like OpenSea and Rarible enable minting, buying, and trading of NFTs.
- To leverage NFT opportunities, understanding technology, regulatory landscape, and security is crucial.
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3 Likes
Bitcoinsensus
2w
317
Image Credit: Bitcoinsensus
Binance Launches AIOT, DOLO & HAEDAL Futures Trading With 50x Leverage
- Binance has expanded its Futures offerings by introducing three new perpetual contracts with leverages of up to 50x.
- The new contracts, AIOT, DOLO, and HAEDAL, have entered Binance's Alpha Market and represent growth potential in AI, DeFi, and staking.
- Binance has also introduced Futures Copy Trading and adjusted funding rates to manage volatility in the market.
- The new perpetual contracts will be settled in USDT, offering a maximum leverage of 50x, with funding fee settlement frequency every four hours and capped funding rates at ±2.00%.
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19 Likes
Cryptopotato
2w
317
Image Credit: Cryptopotato
Alpaca Finance (ALPACA) Skyrockets by Over 2,000% in a Week: What’s Going on?
- Alpaca Finance (ALPACA) experienced an unexpected 2,300% price surge despite being delisted by Binance.
- The surge was possibly due to a 'short squeeze' scenario where traders betting on a price decline were forced to buy back, driving prices up.
- Alpaca Finance's burning program, reducing token supply, and potential demand increase contributed to the rally.
- Traders are advised caution as the Relative Strength Index (RSI) for ALPACA has reached 93, suggesting an overbought situation.
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19 Likes
Medium
2w
195
Image Credit: Medium
Echo Genesis: The $30 NFT That Unlocks a 500-Year Mystery on Nürovia
- Echo Genesis NFT is available for purchase at $30, offering access to a deep sci-fi story from 4715 on the Liquid NFT Marketplace.
- Minting an Echo Genesis NFT provides ownership of a piece of history with 60% liquidity backing and referral rewards on the Liquid NFT Marketplace.
- The lore behind Echo Genesis involves the Luminari expedition sent to Nürovia in 4715 that vanished, with AI explorers now rising to continue the mission after a lost signal reawakens.
- Rarity tiers for Echo Genesis NFTs include Common, Rare, Epic, Legendary, and Mythic, each offering a share of Liquid's vault rewards and real liquidity backing.
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11 Likes
Gritdaily
2w
309
Image Credit: Gritdaily
Unlocking Major Returns with Binance’s Latest $BEL Promotion Campaign
- Binance has launched a limited-time campaign with Bella Protocol offering impressive yields and rewards for participants.
- The campaign features an annual percentage rate (APR) of 24.6% on $BEL, with a bonus APR of 15.6% for holdings up to 1,000 $BEL.
- Participants with larger positions can earn an APR reward rate of 9%.
- Active participants can qualify for additional incentives, and the top 100 participants receive 100 $BEL locked at 10% APR for 150 days.
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18 Likes
Knowridge
2w
222
Image Credit: Knowridge
What NFTs and Antiques Roadshow have in common
- Provenance plays a major role in the value of NFTs, or nonfungible tokens.
- Research shows that owning an NFT once held by a well-known or skilled player increases its value.
- NFT marketplaces like Opensea benefit from higher sales, collecting a percentage of each transaction.
- The value of an NFT, just like physical collectibles, is influenced by who previously owned it.
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13 Likes
TheNewsCrypto
2w
239
Loaded Lions Set to Break GUINNESS WORLD RECORDS™ with 1,200-Drone Display in Miami
- Crypto.com's flagship NFT project, Loaded Lions, aims to break the Guinness World Records title for the largest aerial display of a currency symbol.
- They will use 1,200 drones to present a 10-minute drone show with the Loaded Lions (LION) cryptocurrency symbol.
- The current record is held by Gemini, using 894 drones to display the Bitcoin symbol.
- Crypto.com will award $5,000 worth of LION to five lucky individuals who capture pictures or videos of the drone display.
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14 Likes
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