Latest Market News
Nodle, a project that rewards users in cryptocurrency for maintaining a decentralized wireless network, is grant $1 million to Berty Foundation, a non-profit organization working on a privacy-focused communication protocol. The aim of the grant is to accelerate the Berty Foundation’s development of Bluetooth-based peer-to-peer messaging capabilities.
The NFT market has continued to attract more players, especially with its rising sales volume since the beginning of 2021. As more projects launch in the NFT space, there is the need for these projects to set themselves apart from the crowd through innovation. A leading dynamic NFT platform known as Ether Cards has come out to announce it is rewarding its early users with a Dust token airdrop. There are currently 27 million Dust tokens up for grabs by Ether Cards' holders.
Wanchain, arguably the world’s most advanced crosschain solution, has announced the integration with Polkadot, allowing Ethereum, Wanchain, Moonriver, and Avalanche developers to build decentralized applications (DApps) using DOT on listed blockchains.
The short-term impact of the SEC approving a Bitcoin ETF could be negative for the Bitcoin price. Dan Morehead, the CEO of cryptocurrency-focused hedge fund Pantera Capital, recently said that a Bitcoin ETF approval in the U.S. could be a “buy the rumor, sell the fact” event.
Chingari raised over $19 million in its latest funding round led by prominent cryptocurrency investors such as Republic Crypto, Galaxy Digital, and Alameda Research. The social media company plans on using the newly acquired funds for further development of the Chingari platform’s key features.
Alias Bullrun Gravano, Sean Windle is an experienced IT and Finance guru who has spent over 20 years in these industries. Born and bred in New Jersey, United States, Sean is currently a co-founder of Moonboots Capital, an innovative and value-adding venture capital network powered by the immutable blockchain technology.
As we move through Q4, a number of projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
Prominent Bitcoin maximalist and one of the most outspoken members in the crypto community, Tone Vays believes we are going to see BTC reach the $100,000 price level by the end of 2021. By analyzing the monthly, weekly and daily trading patterns of the world’s largest crypto, he shared his thoughts about the near- to mid-term market outlook.
Q3 was a strong quarter for the cryptocurrency markets. The most notable themes were NFTs, layer 2 scaling solutions and Ethereum alternatives, as well as regulations across the globe. Get an overview of the situation with our Q3 2021 crypto market recap.
Sky Mavis, the developers of popular blockchain-powered game Axie Infinity, have raised $152 million in a Series B round led by Andreessen Horowitz. According to a report by The Information, the round valued Sky Mavis at around $3 billion.
