Crypto News – Page 19

Optimism Towards The SAND Token

The Sandbox token known by the symbol $SAND is a virtual world utility token. It is used in the Sandbox virtual gaming platform. The virtual world is a platform where people can construct, possess, and make money from their gaming experiences using either NFTs (Non-Fungible Tokens) or $SAND. The virtual world by Sandbox consists of digital pieces of real estate where players can develop NFTs, and mint them to the marketplace to make money for themselves. You might be new to...

BBC News: Gen Z Is ‘Hooked’ on Cryptocurrency and NFTs

A recent report by the BBC News details how Generation Z (“Gen Z” for short) has become completely hooked on the allure of cryptocurrency and non-fungible tokens (NFTs). Her is how Wikipedia defines Gen Z: “Generation Z (or Gen Z for short), colloquially also known as zoomers, is the...

5 Critical Points To Consider When You Assess The Value OF NFT

The beauty of the crypto market is that it is always on the move and nothing ever stays still. The crypto market is dominated by cryptocurrencies such as Bitcoin and ETH but these aren’t the only things that are grabbing the attention of investors in the crypto space. Non Fungible Tokens or NFTs are grabbing the attention of every investor and crypto enthusiast. Since last year, NFTs have blown up and they are creating new records for themselves in 2022. The...

FTX.US Launches Stock Trading for Select Users

Key Takeaways

FTX.US has launched beta access to FTX Stocks, which will offer stock trading to a select number of waitlisted users. Users will be able to invest in stocks and ETFs and will even have access to fractional share trading in some cases. FTX.US is the first crypto exchange to offer the feature–and the first to allow brokerage accounts to be funded with USDC.

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FTX.US opened its stock-trading service to select customers today, according to a press release from the...

Babel Finance Used Collateralized eNote on Fqx’s Solana dApp via Fireblocks

Zurich, Switzerland, 19th May, 2022, Chainwire Babel Finance, a leading global crypto financial services provider, announced today that it has successfully issued the first collateralised USDC note via eNotesTM, a smart contract-based global debt instrument, provided by blockchain start-up FQX AG on their Solana environment. The transaction was executed...

Terra ($LUNA) Binance Holdings From $1.6 Billion to Less Than $3,000

Leading cryptocurrency exchange Binance has revealed it could have reaped $1.6 billion from a $3 million investment into the Terra ($LUNA) ecosystem, but never touched its holdings and as a result, they’re now worth less than $3,000. On social media Binance’s CEO Changpeng “CZ” Zhao update the cryptocurrency...

a16z Invests $600M in Metaverse Gaming Fund

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Andreessen Horowitz has announced $600 million in funding for its new Games Fund One, an “inaugural fund dedicated to building the future of the games industry.”

a16z Looks to the Metaverse

Andreessen Horowitz—commonly styled a16z—has announced a dedicated fund for game development with an emphasis on Web3 and Metaverse applications. Stating in its announcement that “the coming Metaverse will be built by game companies,” the Silicon Valley investment giant is putting up $600 million to steer the direction of...

17 Best Crypto News Websites in 2022

CoinTelegraph is a publication that specializes in cryptocurrency and blockchain topics. They publish breaking news, guides, expert opinion pieces on the latest projects, as well as curated articles from their own team of journalists. This site is perfect for anyone that wants to get a good overview of the space. Its interface is well organized, and it’s the perfect place to start your research! CoinTelegraph has a cryptocurrency tracker that displays current prices for coins, as well as their 24-hour change....

The Crypto Whales That Backed Terra Before It Imploded

Key Takeaways

Terra collapsed in dramatic fashion this week after its UST stablecoin lost its peg, sending LUNA into a death spiral. Many of the top venture capital firms in the crypto space backed and publicly endorsed Terra before it imploded. Terra's meltdown has been described as a watershed moment for the industry. While the full extent of the damage is still unknown, it could make the space more resilient in the future.

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Though the full extent of...

Crypto Bull And Bear Market Key Identifiers And How To Navigate The Two

Crypto is a relatively new asset class and has only been in existence for a decade and a half. As such crypto stocks are highly volatile and attract lesser investors as compared to traditional markets. That being said, much like the traditional market, crypto too has bull and bear cycles. And just like it is next to impossible to perfectly time the traditional market, the same is the case with the crypto market as well. Before we discuss the key...