Author: Atis. Sh

Each day, the world is getting more digital. This means that people are getting more disconnected from the real-life and getting more connected to virtual life. Moreover, everyday actions such as buying groceries or purchasing notable collectibles are migrating from being physical actions to being digital ones. Through cryptocurrencies, people can purchase anything anywhere in a matter of seconds. Additionally, blockchain technology allows people to own collectibles that are exclusively theirs.  The latter is being done through Non-Fungible Tokens (NFTs). In essence, NFTs are tokens that are unique and cannot be traded with one another. They are launched as smart…

Bitcoin (BTC) is expected to reach a peak transfer volume of $45 trillion by the end of 2021, a milestone it has yet to achieve in its 12 years and counting history. ARK investment analyst Yassine Elmandjra broke the news by tweeting the following: https://twitter.com/yassineARK/status/1465097441666076675 By the end of 2021, a Bitcoin (BTC) transfer volume will be settled at $45 trillion, thus surpassing even the double value that has been settled in all 11 years of Bitcoin (BTC) combined, quadrupling the transfers of Visa. As such, 2021 has been a successful year for the world’s biggest cryptocurrency, despite the challenges…

Kraken will, at last, follow through on the major hints over the last month and list Shiba Inu (SHIB) on its platform.  The tweet via which the announcement was made garnered more than 30k upvotes in a matter of hours. Kraken announced that users will be able to trade Shiba Inu (SHIB) come Tuesday. In the Twitter post, the Kraken exchange announced that they have supported Shiba Inu (SHIB) and the announcement further deliberates that “funding is live, and we anticipate trading will begin tomorrow, November 30 — at which point Kraken will enable order entry and execution.” Users will…

Today, it is very hard to distinguish good projects from bad projects since there are more than 14,500 cryptocurrency projects in the market. Moreover, the cryptocurrency market is expanding more than ever. This means that this market is touching upon new industries, increasing the exposure of the public to the cryptocurrency market even more. More traffic is always a good sign for the market. Moreover, with this expansion comes competition, and competition brings the best out of every competitor. This leaves everyone with better, more efficient products. Recently, the Non-Fungible Token (NFT) sector has been booming. If you compare last…

As the demand for Non-Fungible Tokens (NFTs) grows, so does the supply. Mass implementation cannot be stopped, and NFTs are just getting started. Some of the companies that have opened their doors to this type of technology are Disney, DC Comics, and even the NFL. All of this is being done through ECOMI and their digital collectibles platform called VeVe. This platform is where the world of comics and mangas meet the wonders of blockchain technology. Now, you can officially own a JPEG or animation of your favorite Marvel superhero. Moreover, the NFTs sold on VeVe are very cheap and…

Decentralized Finance (DeFi) is slowly taking over. Through community-driven tokens and Non-Fungible Tokens (NFTs), DeFi is as big as ever. Today, NFTs are being bought and sold for millions of dollars. Moreover, billions of dollars worth of NFTs are being traded monthly, making it something to watch out for. At the time of writing, OpenSea is one of the biggest NFT marketplaces, however, its competitors are becoming more aggressive each day. One of its competitors is VeVe, a marketplace launched by ECOMI. The native currency of this marketplace is OMI – a GO20 token. This marketplace is one of the…

On Monday, MicroStrategy, the software company, revealed that it bought 7,002 Bitcoin (BTC) in cash equivalent to $414.4 million.   MicroStrategy acquired this amount of Bitcoin (BTC) at the price of $59,187 on average. The acquisition was made as part of the purchases of Q4, from the 1st of October to the 29th of November. The company has an arsenal of Bitcoin (BTC), specifically 121,044 coins which at the current price are worth north of $7 billion. MicroStrategy with the coin acquisition has a profit of more than $3 billion after purchasing Bitcoin (BTC) for $3.57 billion in total. Bitcoin (BTC)…

After attempting to fix the malfunctioning of the latest Binance update, the function of Dogecoin (DOGE) deposits and withdrawals were frozen for a short while. Nonetheless, earlier on Monday Binance restored Dogecoin (DOGE) deposits and withdrawals.  An upgrade malfunction in the Binance Dogecoin (DOGE) wallet resulted in the processing of year-old transactions that, because of low transaction fees, were present in the system.  The crypto platform published a blog post explaining the flaws and expressing regret for the occurrence. According to the blog post “The truth is that a combination of unlikely factors led to an unforeseen issue that ultimately…

Steve Hanke has quite a lot to say about the El Salvador Bitcoin City, the center of which seems to be an “absurd political stunt by a delusional dictator.”  On November 20th, President Nayib Bukele publicly announced that Bitcoin City, a city that runs exclusively on Bitcoin (BTC) is to be built in the south-eastern part of El Salvador, at the base of the Conchagua volcano.  The poor South American country became the first in the world to accept Bitcoin (BTC) as legal tender, the same as the US dollar. The project has proven to be an ecstatic development in…

What distinguishes TRON (TRX) from other cryptocurrencies? Tron uses blockchain and peer-to-peer (P2P) technology in order to emphasize content-sharing and decentralized entertainment. It is viewed as a new generation of social media outlets that allows you to create and share your content with anyone, no matter where they are. The basic unit of accounts in Tron’s blockchain is Tronix. This is the currency that you are paid with, when you make content, often referred to as ‘TRX’, which is its ticker symbol. People who will take advantage and enjoy Tron are mostly the kind that enjoys social media and various…