After a Chaotic Year for Crypto, Here's Where Experts Say Bitcoin's Price Is Headed Next - cyptoranking.com

2024-05-02

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The BAYC is a collection of 10,000 unique Bored Ape NFTs on the Ethereum blockchain. Owning a Bored Ape NFT offers users particular benefits, including doubling in Yacht Club membership status and accessing some sections of the project’s ecosystem. BAYC had an estimated market cap of 261,878 ETH at the time of writing, according to data from CoinmarketCap, with a floor price of 26.14 ETH. “The US has more NFT, culture and DeFi – Asia is the real gaming end market,” Spencer said. After a Chaotic Year for Crypto, Here's Where Experts Say Bitcoin's Price Is Headed NextThe organization will use a multi-signature wallet to collect donations denominated in a number of cryptocurrencies. These include Bitcoin, Ethereum, and stablecoins Tether (USDT) and USD Coin (USDC). The price of Binance Coin (BNB) has fallen by 0.17% since yesterday.

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“Where we really serve our membership are players that some of whom were not even vested players—they may have gone to training camp for a year or two,” he added. “We serve a lot more ‘meteors’ like me as opposed to stars like Tom [Brady].”Chinese government-owned newspaper to launch NFT platform XRP Price Prediction: Likely Consolidation Above $0.45 Cryptocurrencies-CheckFirstIf negative momentum breaks through the $0.06057 support level, the next level to look for is around $0.059. However, if positive momentum prevails, the price may revisit the $0.06100 barrier level. Ergo, Torque Drift 2 stands as a testimony to this unison of the real and the gaming world.

The 37xDubai art gallery, which will be opened to the public later in October, aims to educate artists and art aficionados on nonfungible tokens (NFTs) and the broader Web3 ecosystem through workshops held in the gallery after its official launch. Cointelegraph sat down with Danilo Carlucci, the founder of investment firm Morningstar Ventures and 37xDubai, which is based in the Dubai International Financial Centre (DIFC). Carlucci spoke about its goals with the new art gallery and why it is diving into NFTs and Web3 despite the conditions of current markets. First look at where NFTs will be displayed at the 37xDubai gallery. Source: 37xDubaiCarlucci says the gallery is “an effort to bridge art and technology in one place.” Being a more traditional venture capital fund, the executive said the art gallery is Morningstar Venture’s way to diversify into the more creative digital art and NFT space. He said: “We have various different types of digital arts, but we also have NFTs displayed. We don’t just sell these specifically handpicked NFTs, but we also educate the people who are visiting our gallery about what NFTs are.” Apart from displaying NFTs inside the gallery, the 37xDubai founder also highlighted that it is using NFTs that are inspired by its Tree of Life art installation as a membership token. Carlucci in conversation with Cointelegraph’s Ezra Requerra. Source: Cointelegraph The executive said it will also support events and various workshops around the adoption of Web3 technology. He said the project has advisers from Binance NFT and Binance Charity who will help it with these endeavors. Related: First look at the Bitcoin Tower in Dubai: Dev shares initial designWhen asked why it’s diving into NFTs, given the sentiments and data showing that NFT market prices are not what they used to be, Carlucci expressed his belief in the technology and explained why these NFTs in the gallery would be different. He said that while it’s not an NFT-only gallery, it does “believe in NFTs.” He also highlighted that the NFTs in the gallery have a different goal to those created by tech companies.The Tree of Life art installment at the 37xDubai art gallery. Source: 37xDubai“For the artists that we work with and we handpick. The incentive is creative. They want to make something creative, and they just happen to use blockchain technology for authentication purposes and for maybe sometimes the creative purpose, but the incentive is always creative,” he explained.Magazine: Pioneering generative artist propelled by personal tragedy — Matt Kane, NFT Creator In crypto trading, open interest is the total number of outstanding derivative contracts of a given coin. Meanwhile, derivatives are contracts that derive value from the underlying asset, in this case, Ethereum. Herein, the total open interest data is accrued from ETH options, futures, and perpetual futures from platforms where traders can use leverage. What is Cryptocurrency? Know About India's Digital ...During PayPal’s annual general meeting in May 2023, Palestinian-American businessman Sam Bahour proposed to amend this policy. The letter advocates for a new rule to prevent discrimination by the world’s leading digital payments provider toward individuals in conflict zones, which gained support from 12 United States congressmen. These comments were made, seemingly, when the jury was out of earshot. However, there’s an argument to make that every objection Kaplan sustains against SBF’s lawyers hurts the accused far more than it satisfies the court. What exactly is lost by allowing an attorney the ability to ask a few questions? A few minutes?

Related: Polygon co-founder: $1B bet on ZK-rollups paying offPolygon’s website listed 10 co-founders of the protocol, some of whom are still involved in various side projects on the platform. Arjun departed Polygon in March with the spin-off of blockchain data availability protocol Avail. Polygon Labs has begun accepting improvement proposals aimed at transitioning the network to Polygon 2.0 since plans were announced in June. The new ecosystem will use zero-knowledge proofs and be made up of four protocol layers focused on staking, interop, execution and proving. At the time of publication, developers were still working on “bringing Polygon 2.0 to life”.Magazine: ZK-rollups are ‘the endgame’ for scaling blockchains: Polygon Miden founder Since Polygon is compatible with Ethereum, one could easily transfer to and from Polygon and Ethereum. Polygon’s flexibility can create a wide variety of apps to build in its ecosystem and supports easy-to-use wallets on the web and mobile. Must-Know Crypto Trading Lingo: Bid-Ask & Order Book ExplainedUK financial watchdog restricts Binance partner from issuing crypto ads Something often overlooked by budding protocols is sustainability. Distinct from scalability, sustainability can encompass both the energy requirements of a solution and a community’s capacity to continue with its function. While some may think this is downstream of other, more prominent concerns, it’s worth considering how the exchange of value will be of any concern on an uninhabitable planet. – Oleksandr Lutskevych, CEX.IO

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