Author: coinmaker

Did Vitalik Buterin Sign Up For This Subsocial Web3 Feature?

coinmaker

Vitalik Buterin, the inventor of Ethereum, was one of the first users to sign up for the Subsocial’s Dotsama Domains. At least, someone registered the domain vitalik.web3 on the platform. Via their official Twitter handle, Subsocial welcomed Buterin as they celebrated a new milestone for the platform. Related Reading | Ethereum Founder Vitalik Buterin Welcomes Another Crypto Winter Welcome to Subsocial @VitalikButerin pic.twitter.com/7orYlmbmRT — Subsocial (@SubsocialChain) April 19, 2022 Supported by Polkadot, Subsocial is a suite of substrate pallets with a web user interface, per their official website. The platform enables…

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LUNA Moves On Its Own Beat, Bulls Aim For New ATH

coinmaker

LUNA continues to display strength as the crypto market trends to the downside. Despite the current short-term increase in selling pressure, this cryptocurrency managed to enter uncharted territory, and its price action hints at more upside. Related Reading | Inside Terra’s $2.38 Billion Reserves, What Made The Lineup? As seen in the chart below, LUNA has been on its uptrend since August 2021. It briefly dropped towards the $40 area and resumed its momentum to $120. At the time of writing, LUNA trades at $87 with a 4% profit in the…

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Amazon CEO Hints at Future NFT Trading and Crypto Payments

coinmaker

Omni-present god of retail, Amazon, has set tongues a-wagging and rumours a-flying with its latest revelation, indicating recently that it may add NFTs and cryptocurrency payments to its platform. Speaking during a recent interview with CNBC, newly appointed Amazon CEO, Andy Jassy, said he was optimistic about the future of NFTs and cryptocurrency. However, he did add that it would take some time before the tech will be active on its retail platform. Further indications abound as to its relationship with the blockchain through a series of Web3-related job openings,…

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Is asymmetric information driving crypto’s wild price swings?

coinmaker

It has long been believed that investors possessing inside knowledge help drive cryptocurrencies’ price volatility, and a number of academic papers have been published on this topic. This is why Coinbase’s intention to regularly publish in advance a catalog of tokens being assessed for listing on its prominent trading platform is noteworthy.  Coinbase’s plans, announced in an April 11 blog along with 50 crypto projects “under consideration” for Q2 2022, could help tamp down the pervasive speculation that surrounds small-cap tokens. Meanwhile, this can help alleviate industry concerns about “information…

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UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse

coinmaker

United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE’s digital economy and virtual assets initiatives. First Projects Already Underway The UAE airliner Emirates has said it will soon launch non-fungible tokens (NFT) and “exciting experiences in the metaverse” for its clientele as well as its workers. According to the airliner, the move aligns with advances in the UAE’s digital economy as well as with the country’s virtual assets related initiatives.…

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Reshaping & Innovating the Music Industry Through NFTs

coinmaker

Over the course of the last two years, NFTs have taken creative industries by storm, and the music industry is no exception. A never stopping rate of innovation within this space, coupled with benefits of decentralization, has brought a period of substantial changes in the way we perceive the interaction between the artist and the fan. As the music NFT space is developing at a significantly fast pace, the legacy music business structures are being challenged, while more and more creators are interested in using NFT technology to raise funds,…

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The world doesn’t need banks, policymakers or NGOs — It needs DeFi

coinmaker

Where I grew up, on the southern border in Texas, a tremendous number of people have come to the United States to work and send money back home. They don’t make much money, but they pay considerable fees on their transfers. Their focus is not on getting rich, but on supporting those back home in their native country. They support their families as they do hard labor day in and day out. It costs them too much to do so. Truth be told, my father was a migrant worker. He…

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‘Save Your Skin’ From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review

coinmaker

Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin mining will “save the world,” Bitcoin.com News noting eerie similarities between the current great monetary shift and the creation of the U.S. Federal Reserve, and SHIB achieving some notable burn statistics. Without further ado, this is your bite-sized digest of the week’s hottest crypto news, the Bitcoin.com News Week in Review. Buy Bitcoin, ‘Save Your Skin’ — Mexico’s Third…

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Regulations set the table for more talent, capital and building in crypto industry

coinmaker

The feeling in the crypto and decentralized finance space has been shifting and evolving. The industry is also becoming more scrutinized and, inevitably, more organized. Some weeks ago, United States President Joe Biden signed an Executive Order to expedite and focus regulatory oversight of the $3-trillion industry.  The order will spur the government to examine the risks and benefits of cryptocurrencies, with a particular focus on consumer protection, financial stability, illicit activity, U.S. competitiveness, financial inclusion and responsible innovation. While the results of this order have yet to unfold, this…

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Mainly Unchanged to Start the Weekend

coinmaker

Prices of ETH and BTC were mainly unchanged to start the weekend, as market activity slowed, mainly due to the Easter holiday. Price consolidation comes after a week of bearish pressure that sent the world’s two largest cryptocurrencies towards key support levels. Bitcoin Bitcoin was once again trading marginally above the $40,000 level on Saturday, as markets remained quiet as a result of the Easter break. BTC/USD rose to an intraday peak of $40,618.84 to start the weekend, following a low of $40,009.09 earlier in the session. Recent price consolidation…

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