Ethereum Exchange Inflows Decline As Sellers Cool Off, Will Price Follow?

Ethereum exchange inflows had been on the high side for the better part of the past week. They averaged above $1 billion each day giving credence to the sell-off trend that has been experienced in the market. However, it seems there is a turn in the tide coming. As the weekend draws to a close, exchange inflows have been on the decline. This signals that the sellers are entering into a cool-off period that could potentially alter the price movement. Inflows Fall Below $1 Billion This week had opened up…

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Bored Ape’s Land Sale Broke Ethereum. Extreme Success Or Roaring Failure?

On Saturday, April 30th, Bored Ape’s creators Yuga Labs broke Ethereum. Their new metaverse-inspired project, Otherside sold plots of virtual land to a roaring crowd of people yelling “Shut up and take my money!” In this case, the currency in question was the recently created ApeCoin. However, since Ethereum hosts ApeCoin and the land NFTs, the roaring crowd needed ETH to pay for the operations’ gas fees.  If you’re familiar with Ethereum, you already know what happened. According to IntoTheBlock’s Lucas Outumuro, “The Bored Ape’s Otherside land sale led to…

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Blue Chip NFTs 101 – How Did Moonbirds Conquer The World In A Bearish Market?

The extreme success of Moonbirds is the NFT story of the year so far. The collection opened up so strongly that it archived instant blue chip status and a place at the top of the charts. The market for NFTs is bearish at the moment, how did the pixeled owls accomplish such a feat? It certainly wasn’t just the art, even though the Moonbirds have a distinctive look and probably make excellent profile pictures AKA PFPs.  Let’s uncover the story. This one has it all; a nascent but powerful organization,…

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CyberCity game review: Fight for Crypto & Dominate the Cyberpunk Metaverse

Play2Earn games are the future of gamingб all because they completely turned the idea of ​​​​the mechanics of earning crypto and in-game assets ownership. Today you can earn cryptocurrencies just by playing games. One of the most promising P2E games is called CyberCity. We decided to go behind the scenes and find out what makes the game so remarkable and how users can earn money in it. The fight for resources and power: reveal the storyline of the game Cyber ​City Inc is a new game with an open Play-to-Earn…

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XinFin’s Double Triumph With XDCNFT and XDC

When it comes to the crypto industry, in order to excel with one product, the firm must be able to launch up multiple products and projects. Yet, the core of the firm has to be the same throughout. This has been one of the best strategies, especially in the crypto and crypto related industry. Out of the possibilities if one succeeds so will the other together. Similarly, taking the ideology to serious extents, indeed XinFin, a prominent Delegated Proof of Stake Consensus network (XDPoS) hybrid chain platform attains much praise…

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The Complete Guide to Cryptocurrency Mining

Cryptocurrency mining is the process of generating new revenue or value by verifying transactions and creating new digital assets. A type of virtual currency mining, it can be used to create new virtual coins occupied by buyers of the finished product. If you own some cryptocurrency, like Bitcoin, you probably know that every time you send value to someone else, you’re creating a new digital asset. In other words, whenever you send value, you’re creating a new digital asset that is recorded on a blockchain and can only be transferred…

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Number Of Bitcoin Millionaires On The Rise As Accumulation Continues

Bitcoin millionaires are now a widely understood term. This has grown from the massive surge in the price of the digital asset which has continued to decrease the number of BTC required to be a millionaire. A number of bitcoin millionaires had lost their status when the price of the digital asset had declined. However, as bitcoin is recovering, these millionaires have been growing in number but data shows that the increase in price is not the only driver. Accumulation Is The Name Of The Game The price of bitcoin…

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Here Are The Projects Pushing Cardano’s Price To The Upside

Cardano was pushed down in the crypto top 10 by market cap as LUNA and XRP took over its former place. However, ADA’s price has been surging in the last month and could reclaim previous highs as the general sentiment turns bullish. Related Reading | Cardano Soars 13% On Rumors Of Burn Mechanism Rollout, Charles Hoskinson Reacts At the time of writing, Cardano (ADA) trades at $1.20 with a 30% rally over this period. This makes ADA the best-performing cryptocurrency by market cap. ADA with bullish momemtum on the 4-hour…

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Here Are The Crypto Leading The Market Recovery With 50% Gains

The crypto market has managed to sustain its bullish momentum and reclaimed the $2 trillion market cap. Bitcoin and Ethereum seem to have pushed the market from the mid $30,000, and to its current levels. Related Reading | Only In Crypto: A Croissant Explains Ethereum Hottest Trends Post Merge The first and second crypto by market cap has seen a surge of new bullish narratives. The upcoming “Merge” and Bitcoin has pristine collateral seem to have provided additional support for the current momentum. Both ETH and BTC recorded around 17%…

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A Brief Introduction to the Rapid Expansion of the Gaming Industry

Very few modern industries can claim a year-on-year growth rate of over 30%, especially with the global impacts of the pandemic, which stalled progress within many fields. However, one industry that’s seen incredible growth over the past 20 years and continues to do so is gaming – which currently has a total value of nearly 200 billion USD. But, when you take a step back and realize that there are 3.2 billion gamers worldwide, 2.2 billion of which actively play through their mobile devices, it’s no surprise that this industry…

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