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Category: Crypto News

  • Most Recent Crypto-Winners

    Most Recent Crypto-Winners

    Even though the extreme fearful sentiment in the market remains pervasive, this has not stopped market bulls from driving up prices of cryptocurrencies to new heights they had never previously surpassed. The following cryptocurrencies, as of the writing of this article, reached their all-time highs in recent days:

    Risu

    Risu is the first name on our list of ATH winners, which is a one-month-old cryptocurrency, that has taken off spectacularly yesterday, following a roadmap update by the developers of the project. This saw RISU jump suddenly from $0.00019 to $0.00065, taking it up to a new height it had not previously jumped to before. Prior to this, the previous ATH point was $0.00047, which RISU had reached the beginning of October.

    Raresema

    Raresema (POOP) has also turned heads in the market after it successfully reached $0.098, earlier today, a price it had never made it to previously. This rise did not prove to be a short-lived peak, considering that POOP has fallen only 4% from this ATH point. This suggests that the cryptocurrency could very well cross the 10-cent mark, which would be a tremendous milestone achievement in its price trend.

    MetFi

    MetFi (MFI) has been in the trade since early July, but it was not until September that it truly began its epic take-off. MFI has been on a gradual rise ever since, which culminated in it crossing its mid-September peak of $7,795 yesterday. This brought the crypto-asset an ATH of $9,088, which has been highly remarkable, pushing it on the verge of a five-figure region.

    3X Short PAXG Token

    3X Short PAXG Token (PAXGBEAR) has been in circulation since early 2020 and has been steadily rising from its all-time low of $2,951 ever since. The token captures bearish sentiment towards PAX Gold, which has been declining severely in the last week. As a result, PAXGBEAR continued its resilient upward rise, and made it to a new ATH, crossing the $13,000 mark.

    PDX Coin

    PDX Coin had hovered close to the $21 mark since its initial circulation in the crypto-market in April, this year. It was not until last month that PDX began its bullish rise, which has been consistently pushing it to new heights with each oncoming day. Its most recent achievement comes yesterday when the coin had made it to $39.97, making its rise to $40 imminent later today.

    Top Movers (24H)

    As some crypto-assets made news by raising the bar, making it to new all-time high points, others delivered wins by showing price appreciation by substantial degrees within a single day. These top crypto-movers have proven to be winners to their holders, taking their investment amounts to higher fair values. At the time of the writing of this Stocks Telegraph issue, the following names stand as being the top movers from the last 24 hours:

    7S

    7S boasted the most impressive take-off among cryptocurrencies today, given its single-day rise from $0.000034 to its present price of $0.000205. This impressive rise translates to almost 460%. 7S began trading in the secondary crypto-market today, and bulls have been raising the bar to where they believe this promising cryptocurrency stands. Although many market participants remain cautious given that little information has been revealed about the project or its use case.

    Bitindi Chain

    Bitindi Chain (BNI) was yet another crypto-winner today, after seeing a 165% price rise from $0.031 to a high of $0.079. The interest comes after the project’s management team undertook a Reflections payment, signaling an ecosystem expansion that many in the market had desperately been awaiting. Given the news, trade volume for BNI almost doubled from $500,000 yesterday, to over $1 million today. Based on the momentum trends, many expect this growth trajectory to continue throughout the day.

    The Protocol

    The Protocol (THE) also undertook a tremendous rise in the last 24 hours, given its reputation as a meme currency that its followers claim is the ultimate rival to the dogecoin. THE doubled in price today from $0.018 to $0.036 in a steady path. Given the sheer hype of the cryptocurrency, the trade volume too has doubled since yesterday from $7 million to over $14 million at present.

    DMM: Governance

    DMM: Governance (DMG) earlier today, experienced a staggering price explosion of over 600%, taking its price up from $0.0083 to $0.0600. This immediately triggered a volume rush from $2.5 million to over $22 million, bringing a correctional price plummet down to $0.01. Throughout the day, however, DMG has been persistently fighting to steadily climb high. As a result, it delivered a net gain of almost 80% in the last 24 hours alone.

    Diamond Launch

    Diamond Launch (DLC) remained stable around the 10-cent mark throughout the day, until the last few hours when its price jumped up unexpectedly from $0.10 to $0.15, translating to a gain of 55%. Since trade volume has seen an explosive rise from $300,000 to over $5 million, many anticipate these gains to climb much higher throughout the rest of the day.

  • NFT News and Updates From This Week

    NFT News and Updates From This Week

    In what comes as a breakthrough in the sub-realm of NFT Real Estate, the first ever real-world house was sold to an interested party. The transaction was fully digital and took place via the Roofstock on Chain NFT market platform, however, the ownership of the physical property is real. The transaction holds a wide range of implications that go beyond NFT Real Estate and demonstrates how real-life transactions can be conducted by means of non-fungible tokens on the blockchain.

    The American broadcasting giant, CNN has announced the closure of its NFT project dubbed ‘Vault’ after more than a year of it being operational. This untimely end faces mixed reactions from supporters, with many now accusing CNN of rug-pulling. The broadcasting company states that the project was to last for six weeks, but saw an extension due to the widespread support from interested parties. The official discord server of the Vault NFT is awash with accusations of rug-pulling, demands for refunds, as well as threats of legal action.

    A recent report by Reddit has shown that users have created up to 3 million crypto-wallets in response to the social media company’s launch of its Polygon NFT initiative. This will allow Redditors to buy, use, and trade avatars based on the classic Snoo character, otherwise referred to as the Reddit Alien. Prior to Reddit, a number of social media platforms launched profile picture NFTs, but none have been as well received as the case of Reddit, with millions of its users showing excitement and willingness to be a part of the change.

    NFTs to Watch

    Nyolings

    The Nyolings NFT collection is one that has been seeing significant hype in the NFT market, increasing in price by 123% in the last day alone. The collection features 7,777 lovable characters in a cutesy art style, with a wholesome vibe. The project aims to deliver high-quality artwork, whilst simultaneously establishing a tightly-knit and cohesive community of like-minded users.

    The brains behind Nyolings is its development team, who state that their ambitions are to look towards the future, with long-term and sustainable growth.

    DigiDaigaku Genesis NFT

    The DigiDaigaku Genesis NFT is another exciting collection that has been turning heads in the market and gathering serious interest amongst fans of the project. The collection essentially caters to enthusiasts of the anime art style of female characters, which has a giant following on the internet and in popular culture as a whole.

    A large aspect of the appeal of DigiDaigaku Genesis is the mystery surrounding it. There is little information available to outsiders about the world in which the characters reside, yet NFT holders have the opportunity to explore inside details and value their characters more with the newfound information.

    To keep up with similar weekly updates on the exciting world of NFTs, be sure to keep track of our publications on Stocks Telegraph.

  • Cryptocurrency Weekly News and Updates

    Cryptocurrency Weekly News and Updates

    According to cryptocurrency analysts, the market is showing signs of stability, which indicates that it has entered a mature phase. Just a month ago, there was a high degree of hesitance among investors regarding risky asset classes, which include virtual currencies. Global cryptocurrency market capitalization pushed up 2% yesterday, whereas daily trade volume jumped up by 31% to over the $50 billion mark. BTC has been continuing its march towards the $20,000 region. In the last week, it has steadily been rising from $19,100 to its present price of $19,600.

    Crypto-Highlights of the week

    Mastercard, the global leader in digital payments, has launched a new initiative called Crypto Source that enables financial institutions to provide consumers with cryptocurrency trading and other associated services. To support this project, Mastercard and Paxos Trust Company have teamed up. The news signals a potential breakthrough for crypto-normalization in conventional markets.

    India’s finance minister, Nirmala Sitharaman has stated that the government intends to discuss cryptocurrency legislation with G20 members while it holds the presidency of the summit. She further states India’s plans to establish a working framework, and standard operating procedures (SOPs) so that nations worldwide can benefit from a tech-driven regulatory and legal framework for cryptocurrencies.

    The Japanese National Police Agency (NPA) has recently stated that Lazarus Group hackers from North Korea have been attacking digital asset firms in Japan. According to sources from within Japan, the NPA has linked cybercrime of this nature to the North Korean crime body at least five times now.

    Infamous finance guru and shark tank investor, Kevin O’Leary recently remarked that he is of the view that the rise of BTC is an inevitability. He stated that this rise will likely be accelerated after the passing of the Stablecoin Transparency Act after mid-term elections in the US. This is another positive comment about crypto-sustainability by a high-profile figure in the global financial markets, which has been a trend as of late.

    The Chinese central monetary authority recently reported the overwhelming success of its official digital currency which is still operating within a pilot phase. The report further states that the digital currency transactions amount to more than 100 billion yuan, or almost $14 billion. As Beijing keeps expanding the pilot locations, more than 5 million businesses in 15 provinces of China currently accept the digital yuan.

  • Top Cryptocurrency Winners and Losers of the Week

    Top Cryptocurrency Winners and Losers of the Week

    Given that the cryptocurrency market has been showing signs of approaching stability, in a resilient manner, some of the wins it has seen in the prior week have truly been impressive. Traders that had placed strategic bets on crypto-assets with strong prospects and positive momentum had gained tremendously. At the time of the writing of this issue, the following cryptocurrencies stand as being the largest winners of the week:

    Top Weekly Crypto-Gainers

    World Cup Inu

    The most impressive growth trajectory of the week was seen in the rise of World Cup Inu (WCI) which took off without resistance from $0.0039 to as high as $0.0330 yesterday. This had translated to a price increase of a staggering 746%, taking the market as a whole by storm. In the hours that followed, however, WCI underwent a price correction that pushed its price down to $0.0232, leaving its weekly gains at over 490%. What is most remarkable is its daily trade volume, which is presently at $5.8 million. The hype surrounding this cryptocurrency seems to be linked to the football world cup in November, which is fast approaching.

    Hello Art

    Hello Art (HTT) remained inactive for most of the week at $0.0038, until just three days ago when it began an erratic rise to new heights. Its price trend shows volatile peaks and falls that had gradually been pushing it higher. Today it experienced a brief price explosion of over 600% to $0.028, which ultimately proved to be short-lived. In the minor crash following this correction, HTT is down to $0.014, putting its gains for the week at 260%, which, all considered, is highly impressive.

    Phala Network

    After peak interest surrounding its project, Phala Network (PHA) has been taking off high, more than tripling its price in the last week alone. In its rise from $0.081 to $0.271, the cryptocurrency has been seeing monstrous levels of trade volume, which surpassed the $1.25 billion mark on Sunday. Volume is now down to $500 million, but the hype surrounding Phala Network is as hot as ever. The gain in the last 24 hours alone stands at almost 50%.

    Onston

    Onston too has taken off extraordinarily during this week, jumping up from $0.012 to $0.049 in a single day earlier this week. This quadrupling in price was corrected after Onston began its slow descent which put it at $0.021 earlier today. This was not until a second price jump of 54%, that put the cryptocurrency up to its present price of $0.0366, translating to net weekly gains of 205%

    Mdex

    Mdex (MDX) too has been climbing high, supported by colossal trade volumes that have led to a pump in price by its supporters. In the first half of the week, MDX rose from $0.083 to $0.231, in a price climb of 178% in a matter of days. This epic pump culminated in a trading volume of almost $430 million. The following days saw a descent to $0.13, and a fightback up to its present price of $0.211. Amid these rises and falls, MDX stands at a price that is 154% higher than where it was 7 days ago.

    Top Weekly Crypto-Losers

    Although the crypto-verse did see a number of major wins in the past week, there has been a fair share of substantial losses too, where investors have seen their holdings plummet in price. At the time of the writing of this Stocks Telegraph issue, the following cryptocurrencies delivered the largest losses in the last 7-days:

    Paper DAO

    We start of the list of this week’s top losers with the youngest name out there, which is that of Paper DAO (PPR), which began trade as early as yesterday. Despite a volume rush of almost $4 million, PPR has experienced one of the hardest price plummets, which makes it among the week’s biggest losers. During its short time in circulation, it has fallen from $0.37 to $0.042, suggesting a value loss exceeding 88% in the red.

    Fidance

    Fidance (FDC) continues its downward spiral, in its third consecutive week of being a top loser, shedding an additional 81% of its price. In fact, in the last 30 days alone, FDC has seen its price drop from $0.0015 to its present low of $0.0000009. The cryptocurrency continues its endless slip, with present trade volume at over $1 million. Fidance shows all the signs of a heavily unfavorable asset in the market, that everyone is eager to get rid of.

    LOGOS

    After a gradually steady rise for most of the prior week, LOGOS (LOG) fell unexpectedly hard earlier today, from $3.23 to as low as $0.23. This shocking plummet effectively erased all the gains LOG achieved in the prior weeks, and puts its weekly loss at 86% at present. The $5 million trade volume for the day indicates that the drop is not spontaneous, and seems to be a part of a wider, collective dump.

    Probinex

    Probinex (PBX) also proved to be a shocker, after its nose-ward dive during the week, which has resulted in a substantial price loss. Those holding this cryptocurrency incurred a 90% unrealized price loss as PBX fell from $0.058 to its present price of $0.006. The price plummet seems to come after social media users began calling PBX a scam, after its delisting from the exchange, ProBit Global. Its volume too seems to be rapidly declining from above $2.2 million to below $1 million.

    Bitcoin E-Wallet

    Bitcoin E-Wallet (BITWALLET) features once again as a top loser of the week, after making it on last week’s issue too. This time, the cryptocurrency fell by an additional 60%, making it seem as being part of a relentless free fall. BITWALLET is proving to be a value burner for investors, after having fallen from $32 to merely $0.39 in the last 30 days alone. Volume too seems to be falling fast, from its $12 million mark earlier this week to its present level beneath $1 million.

  • ICOs and Airdrops to Keep Watch Of

    ICOs and Airdrops to Keep Watch Of

    Active ICOs

    Galaxy Arena

    The virtual metaverse P2E game, Galaxy Arena (ESNC) iCO positions itself in becoming a major gaming hub in the metaverse. This virtual arena features the Galaxy Tower, which holds the nightclub and celestial casino with unique NFT units, as well as the Galaxy Gym, containing interactive VR health and fitness minigames. The third sector of the Galaxy Arena is the Entertainment Venue with six floors and 30,000 square meters of a virtual, adventure-packed domain.

    Given these exciting offerings, Galaxy Arena has raised $1 million of its $2.1 million fundraising goal in its ICO, which will end after 3 days.

    Backstage

    The Backstage (BKS) token sale continues to push through, with an additional two days remaining for it to raise funds, with no particular target being specified. 30% of the 1 billion tokens are being offered for sale within the ICO.

    Backstage brands itself as a pioneer in the Entertainment 3.0 phenomenon, where concerts, nightclubs, festivals and other event venues can be supported through the power of blockchain, metaverse features, as well as an NFT ticketing system.

    Mirl

    The ICO for Mirl also is underway, and aims to meet its $1 million target in the eight days of its token sale that remain. 35 million of the total 1 billion tokens are being put up for sale, with 1 MIRL being equivalent to $0.022.

    Mirl claims to be a pioneer of decentralized fashion existing within the metaverse. The project holds exclusivity in it being the sole decentralized fashion player seeking to act as an incubator in the virtual fashion world, whilst looking to establish both a brand of its own, along with a cohesive community, which offers value in the real, physical world.

    Upcoming ICOs

    Moverse

    The Moverse (MOVE) ICO is one that is closely watched, set to initiate sometime this month, and already having raised 60% of its $1 million fundraising target. Moverse holds tremendous interest amongst fitness enthusiasts, as well as value-chasers within the metaverse realm.

    Moverse offers a wide fitness ecosystem, which offers rewards to users for fitness activities, as well as an in-platform marketplace, and an NFT renting application. AI-based solutions form a core component of the Moverse experience, and is a great contributor to its fundraising success even before the official initiation of the token sale.

    DeRace

    The DeRace (DERC) ICO has caught everyone’s attention given the innovative idea it aims to bring to life. Although the token sale has been scheduled to take place in the next 2 days, $2.04 million has already been raised.

    DeRace is essentially a horse racing ecosystem, where players can have their NFT horses compete with those of others, and also be bred to produce unique horses with special attributes and traits. DeRace seeks to disrupt the traditional horseracing market through a transparent and decentralized approach. 

    LP Finance

    The blockchain service, LP Finance (LPFI) is another upcoming ICO that is just around the corner, scheduled to begin on the 24th of October. It has already raised $200,000 prior to the token sale. The defi service proposes to its users a wide range of personalized and leveraged strategies which employ synthetic assets in a manner that delivers optimized yields. The service employs next-gen blockchain tools that ensure scalability and peg-stability do not face compromise.

    Ended ICOs

    Aftermath Islands

    The ICO of the Aftermath Islands (DUBS) has proven to be a raging success, after pulling in a total sum of over $25 million against its $150,000 fundraising goal.

    This interactive and blockchain-based VR platform offers exciting islands with unique NFT offerings, along with visual-based activities. The Islands offer a gateway to adventure, whilst simultaneously offering the promise of rewards and earning.

    GetKicks 

    The GetKicks (KICKS) ICO has also come to a successful close after meeting its full fundraising goal of $1.43 million. The project seeks to integrate the trendy and dynamic world of sneakers to the domains of Web3 and NFTs. In addition to offering NFT sneaker sales, it also allows tangible sneaker sales, as well as the ability to earn KICKS while wearing the sneakers and completing a set of challenges.

    Hottest Airdrops

    Rubic X Rango Airdrop

    On Twitter, follow Rubic and Rango.

    Make at least one cross-chain swap on the Rubic exchange using Rango, the week’s dedicated supplier.

    To demonstrate that you have done a swap, tweet a screenshot of it with the respective hashtags, mentioning @cryptorubic and @RangoExchange, along with a like and quote-retweet of the Monday promo announcement thread.

    The most active swappers will have a chance to win valuable rare NFTs that will give them a year, without any cost on Rubic exchange. Additionally, during the marketing weeks, they will hold 5 AMA sessions where you may receive an AMA NFT.

    Following completion of the aforementioned requirements on their Galaxy website, you will be able to claim the NFT.

    See this Medium article for more details on the airdrop.

    Basic Attention Token Airdrop

    Install the Brave browser may on your desktop computer.

    In the upcoming months, Brave Ads will be incorporate into applications for iOS and Android.

    Click the BAT triangle icon next to the address bar after opening the Brave browser.

    When a dialog appears, select “Join Incentives” to enable rewards.

    Make sure to turn on the “Brave Ads” toggle by going to your reward settings from the popup or by entering “brave:/rewards/.”

    From this point forward, you will receive offers in the form of alerts at times the browser deems appropriate and non-intrusive.

    Simply interact with the alerts, click on the advertising, and you will receive 70% of the income from the seen ad, while Brave only gets 30%.

    You may redeem your accrued tokens at the conclusion of the Brave Rewards cycle each month. With BAT, you can tip friends or your favorite content providers, or it can donate each month, automatically, to the websites you visit the most. Soon, you’ll be able to spend BAT for premium content as well as exchange it for tangible incentives like gift cards, hotel stays, and restaurant coupons. Additionally, Brave is developing a feature that will enable users to withdraw BAT for personal use from their wallets and swap it for local fiat money through exchange partners.

    Defi Airdrop

    Register for a Cake Defi account.

    Log in after checking your mail.

    Finish the KYC verification process.

    Deposit $50 in any supported currency into the lending, staking, or liquidity mining freezers at this time.

    To qualify, the money must freeze for at least 28 days.

    You will receive DFI coins worth $30.

    Receive an additional $10 in DFI for each referral.

    In the Confectionery program, the rewards will lock in for 180 days, during which time you will automatically receive 34.5% interest.

    To keep up with more updates such as these,  be sure to watch out for our latest Stocks Telegraph articles.

  • Crypto-Market Weekly Updates and Sentiment

    Crypto-Market Weekly Updates and Sentiment

    It’s the calm before the storm in the crypto world, as market participants have their breath held, anticipating the release of the CPI report later today. The stock market took a beating amid these fears, but the crypto-verse has proven to be far more resilient. BTC has hardly changed throughout this week, maintaining a steady level below the $20,000 mark. The CPI report will be a make-or-break moment for the tense market. In this weekly Stocks Telegraph briefing, we go over the top stories in the market.

    Highlights of the week

    • Jamie Dimon, the CEO of the investment giant JPMorgan, issued a warning that the U.S. may enter a recession in as early as six months. The CEO emphasized that this was serious business and noted that the stock market might easily decline by another 20%. Such an event could lead to shifting dynamics which could be significant for the world of digital currencies.
    • The extensive Markets in Crypto Assets (MiCA) regulation has officially been endorsed in the most recent EU anti-money laundering campaign. The committee has called for a swift implementation of regulations for tracing digital asset transfer. The news brings a new milestone toward the normalization and acceptance of cryptocurrencies in the advanced EU economy under sustainable oversight.
    • According to an official release, Argentina saw a record number of interoperable QR payments in the month of September, amounting to 3.15 million transactions. The payment system is essentially a mechanism that enables all digital wallets in Argentina to process purchases with various vendors in the country. The payments include those made using cryptocurrencies that are already available in Argentina through exchanges such as Bitso.
    • In what comes as a major breakthrough in Web3 innovation, the tech giant Google has announced a strategic partnership with Coinbase. This established cooperation comes between Google’s ‘Cloud’ division and the crypto-exchange and would work to enable the acceptance of crypto-payments. In an issued statement, Coinbase CEO Brian Armstrong said that he was thrilled that his company was selected by Google for this venture, empowering developers substantially.
    • With the national budget planning underway for the upcoming fiscal year, Portuguese government officials have revealed in an early draft, plans to tax short-term cryptocurrency gains, by as much as 28%. The paper, which still requires legislative approval, marks a shift in the European country’s relaxed stance on crypto-investments.

    Crypto fear & greed index

    The tension surrounding the cryptocurrency market seems almost palpable, with traders collectively on edge regarding the next shift that cryptocurrency prices will take. During such high stake situations, undertaking a sentimental analysis of the wider market allows for clarity to come about, which can help in predicting upcoming trends.

    The crypto fear and greed index currently stands at a figure of 20, which is the extreme fear zone. In the last three months, the market found itself lying in the 20-point zone numerous times but never falling below it. This indicates that this figure is proving to be a resistance point that market sentiment is facing. Despite this extreme fear, the market is hellbent on its resilience, not letting sentiment fall to its mid-July levels of beneath 20. The release of the CPI report later today, however, could act as a major catalyst point, which would either see sentiment take off, or plummet further to untraversed new lows.

  • Crypto-Winners This Week: ATH Coins & Top Movers

    Crypto-Winners This Week: ATH Coins & Top Movers

    Despite the extreme fear that is dotting the markets, and the tension influencing the decision-making of traders and investors, a number of cryptocurrencies have broken all previous records, reaching new heights and unchartered territory. As of the writing of this article, the following cryptocurrencies hit the ATH mark:

    ATH coins

    Diamond Launch

    Diamond Launch (DLC) is the first cryptocurrency we look at, that soared to new heights. DLC, which has been in the trade since mid-September has remained relatively stable, hovering close to the $0.10 mark. Things took a rapid turn on Monday when the crypto asset began taking off in an unprecedented manner. In each of the last three days, DLC broke prior records, most recently hitting the ATH mark at $0.182.

    TechTrees 

    TechTrees (TTC) is yet another cryptocurrency that has been on the move, making it to new highs. TTC has been steadily climbing since September at a steady pace, and gradually upping its ATH point. During this time it experienced some sudden growth spurts. Earlier today, TTC made it to a new all-time high of $0.0052. This coincides with a recent announcement by the TechTrees team, detailing a future roadmap and Gantt Chart of its ambitious blockchain project.

    Bnext

    Bnext (B3X) has been moving like a bullet in the past month, consistently raising the bar in its spiky upwards growth trajectory. Yesterday saw B3X experience its most abrupt jump from $0.0144 to its all-time high of $0.0191. The price movement stands as being highly impressive, considering that the cryptocurrency has doubled its price in barely three weeks.

    Egg N Partners 

    Egg N Partners (EGGT) has also made its mark, in reaching an ATH of $0.80. The cryptocurrency has been in circulation for barely two weeks and has gained 27% during this time, in a slow and steady manner. Despite its predictable pace, EGGT is proving to be a persistent climber, allowing it to reach new heights safely and without fail. The gains of the last 24 hours stand at a modest 5.5%.

    Streakk 

    Streakk (STKK), the two-month-old cryptocurrency has been enjoying a consistent stepping up on a periodic basis, bringing its price to new and unprecedented levels. STKK started off trading at over $95 and has been upping its game after every few days. Yesterday, the cryptocurrency briefly made it to the verge of $300, which would have been a new milestone for it. Although the cryptocurrency is now down to $269, traders expect it to cross the $300 mark within this week, if not later today.

    Top Movers (24H)

    Where some cryptocurrencies had shone by reaching record-level highs, others excelled in the gains they made in the last 24 hours. The gainers of the last 24 hours indicate that even though the market is in an extreme fear zone, the bulls have their attention concentrated on high-potential cryptocurrencies. It is worth noting however, the gains have been rather limited compared to prior weeks, where triple-digit rises have been considered to be the norm. As of the writing of this Stocks Telegraph issue, the following cryptocurrencies stand as the top movers of the last 24 hours:

    SingularityNET 

    SingularityNET (AGIX) stood as the largest gainer of the last 24 hours, climbing by a whopping 83% within a single day. Its daily trade volume surged from $1 million to a staggering $32 million during this time, which indicates that AGIX is evidently the center of attention among bulls. This momentum clearly holds the markings of continuing into the day, which could potentially see these gains reach the triple-digit mark.

    Skeb Coin

    Skeb Coin also reported phenomenal gains for the day, climbing from $0.0046 to a daily high of $0.0082. These gains translate to 78% in the green, making today extremely successful for Skeb holders. The crypto-market evidently anticipates Skeb to undertake a further rise, considering that its trade volume has risen from $300,000 to $1 million in a single day. This suggests that the coin has far from peaked and could continue upon its epic growth trajectory.

    TE-FOOD

    TE-FOOD (TONE) is yet another crypto-winner worth keeping watch of. At a certain point during the day, TONE had more than doubled its price from $0.014 to $0.029. Although the price is now down to $0.024, its net gains for the day still stand at an impressive 72%. As the day rages on, bulls expect this figure to steadily rise, and up the gains of their stakes in Te-Food.

    PIVX

    PIVX has been rising steadily throughout the day from its starting point of $0.21. At a certain point, the crypto-asset had shot up to $0.33, putting its gains for the day at an impressive 57%. This figure is highly rewarding to those that had heavily exposed themselves to the price movements of PIVX. Trade volume for this hyped-up cryptocurrency has surged from $1 million to a staggering $9 million, all within a single day, which suggests that the cryptocurrency has just gotten started.

    Falcon Swaps

    Falcon Swaps (FALCONS) remained stable around the $0.0045 mark for most of the day until its abrupt price explosion, taking it up 260% to a high of $0.0162. This peak proved short-lived, and the crypto price was immediately corrected and is now down to $0.0067. Despite the immediate plummet, the FALCONS is still up 48% for the day, which is remarkable, considering the extreme fear surrounding the market.

  • NFT Weekly News and Updates

    NFT Weekly News and Updates

    One of the most infamous NFT investments had been made by the YouTube celebrity Logan Paul. Paul had invested close to $623,000 into the token, which has performed dismally and is now worth less than $10. The NFT was that of the infamous Azuki collection, which was part of a major hype amongst enthusiasts upon its launch. Although technically these colossal losses are still unrealized, due to Paul still holding the tokens, they are unlikely to be reversed, owing to negative sentiment surrounding NFTs.

    The legendary English artist and art collector, Damien Hirst burnt hundreds of physical pieces of his artwork, after giving buyers the opportunity to buy either physical or digital forms of his works. The artist stated that he felt great about the move, and claims his immortalized works are far more valuable as NFTs, than they ever would be in the physical realm. The move signals a fundamental milestone that could see art in general undergo a phenomenal transition toward virtual dimensions that is highly unprecedented.

    According to a recent report, the creators of the Bored Ape NFTs, Yuga Labs are facing investigation by the Securities and Exchange Commission, in a probe meant to investigate if any federal laws are facing violation. Sources aware of the investigation have further claimed that this is part of a wider move into the NFT market, which could see a number of high-profile players facing large penalties.

    NFTs to Watch

    Project Kaito

    Project Kaito is an exciting NFT collection that has taken the wider market by storm, considering its price gain of over 27,000%. Its volume presently stands at 47 ETH and is likely to undergo a tremendous surge in the upcoming hours.

    These 7,777 NFTs are the brainchild of the writer and art director, Michael Chasteen, who has envisioned a P2E platform aimed at empowering creative artists and storytellers. The NFTs come in the anime and manga style and offer a high degree of uniqueness to their holders.

    Dodoor NFT

    Dodoor NFT is another exciting collection that has been enjoying the market spotlight, climbing in price by nearly 3000% in the last 24 hours. These dodo bird-inspired NFTs position themselves as being a safe haven for all the poached species.

    Dodoor offers 1000 NFTs of dodo characters set in a futuristic realm, where they hold the coolest gadgets and are in the most exciting environments. These characters aim for the skies and are hellbent on fulfilling their dream to fly to new heights. These digital art pieces are the talk of the town, with bulls in the market rushing to get their hands on one of these.

    Keep up with more weekly NFT stories on Stocks Telegraph.

  • Crypto-Market Developments of the Week

    Crypto-Market Developments of the Week

    As we push on towards October, the cryptocurrency market continues its fight to dominate, as clearly reflects in the prices of the biggest crypto-names. For instance, BTC climbed by over 3.6% yesterday, as market participants reacted to a weakening US dollar, amidst global macroeconomic uncertainty. The month of September was extremely uncertain and pessimistic for cryptocurrencies, yet Bitcoin had dropped in price by less than 2% during this period. In this Stocks Telegraph weekly update, we go over the top stories dotting the crypto-sphere.

    Crypto-Market Highlights of the week

    • After much talk in Russia regarding the wide-scale adoption of cryptocurrencies in the Federation, the country’s central bank made its first major initiative toward the move. In the recently published draft of the new financial chart of accounts, the Central Bank introduced digital assets, including the “digital Ruble”. Financial institutions will also hold authorization to gather and report data related to these transactions.
    • According to available information, Tobias Lütke, CEO of Shopify, spent nearly $3 million buying crypto-giant Coinbase stock in the prior two months. Lütke became part of the Coinbase board in February of last year, and as a Coinbase partner, he faces the obligation by law to disclose his transactions to the SEC.
    • The US celebrity, Kim Kardashian was charged on Monday by the U.S. Securities and Exchange Commission with the illegal endorsement of the cryptocurrency Ethereummax. According to the American regulatory body, Kardashian agreed to resolve the allegations, pay $1.26 million in fines, and participate in the SEC’s inquiry, which is presently in progress.
    • In the Republic of Kazakhstan, a banking institution and a crypto-based trading platform have strategically partnered up to carry out what they claim is the nation’s first collaborated venture of this kind for the purchase of digital assets. The government of Kazakhstan offers full support for the initiative, stating that it is ready to advance the development of cryptocurrency trading in the country’s financial centers.
    • The UK-based Financial Conduct Authority (FCA), the leading financial regulator in the country, has disclosed that several cryptocurrency companies continue to apply for licenses to operate in the United Kingdom. This trend comes despite most of these players being unable to comply with the legal and regulatory framework, during their first attempt at registration.
  • Hottest ICO’s and Airdrops to Keep Track of

    Hottest ICO’s and Airdrops to Keep Track of

    Active ICOs

    ICO

    Companion

    The token sale of the blockchain service, Companion (CMPN) continues in full swing reeling in a sum of $330,000 with an additional 6 days to go. The CMPN project takes aboard new users quite similarly to how a financial consultant would, by determining the user’s goals, gauging their degree of financial literacy, and assessing their risk tolerance to create a unique profile. This concept will be fully in line with the fundamentals of DeFi, and could potentially be a game-changer. The target for the ICO stands at $500,000.

    PUMLx

    Another active and exciting ICO to keep track of is that of PUMLx, which offers a gamified, ‘better health’ platform to its users. The token sale has already successfully raised $3.05 million as of yet with a further 3 days to net in additional funds. The project is innovative, and taps into a previously unexplored niche, bringing in virtual rewards for its users, in addition to the adoption of healthy lifestyle habits. In the next three days, PUMLx would need to bring in an additional $1.02 million to meet its fundraising target.

    Origin Dollar Governance

    Origin Dollar Governance (OGV) is yet another intriguing prospect for investors hoping to make significant gains with ICOs. This blockchain service functions as an alternative to decentralized finance, by incorporating the potential from the domain of NFTs. OGV still has 5 more days left in its token sale and is yet to bring in funds to support its development. The project targets a particular niche that seeks to act as the value accrual token and future governance asset of the stable-coin, Origin Dollar (OUSD)

    Upcoming ICOs

    Fragmint

    Fragmint (FRAG) is an NFT platform that promises a groundbreaking idea that could revolutionize NFT markets, by offering a fully fragmented platform. The FRAG ICO has been rocking the market, raising almost $2.7 million, a week before the initiation of the token sale. This project is a next-generation concept that clearly commands significant hype, making it worthy to keep on any crypto investor’s radar. 

    Ikonic

    Another fascinating token sale to keep an eye on is Ikonic, which will launch on October 18th. It functions as a platform that will optimally bridge stars and fans from the world of e-sports, which allows users to collect, create, as well as earn via memorable gaming moments. A sizeable chunk of the internet falls within this niche, which explains why the project has already raised nearly $3.3 million, while the token sale is scheduled to begin two weeks later.

    Moverse

    Moverse (MOVE) is an especially noteworthy ICO that is upcoming, within this month, likely to cause heavy movement across the market. Although many projects are sprawling that seek to capitalize on the domain of decentralized fitness, Moverse perfects the concept through a practical framework in an application that is ideally at delivering the best possible experience to its users through the incorporation of AI-driven solutions. Even prior to the start of the ICO, MOVE has netted $600,000 of its total $1 million fundraising target.

    Ended ICOs

    Starfish

    After considerable hype from the market, the Starfish (SEAN) token sale officially ended on the 1st of October, successfully bringing in $1.84 million. Starfish is part of the Astar Network and aims to serve as the hub of the multi-chain future within the Astar ecosystem. Furthermore, SEAN is a project with a mission to be cooperative, practical, and community-driven to optimally develop robust product suites.

    SpaceN:

    The SpaceN (SN) ICO successfully closed last week, netting in its full fundraising target of $80,000. This one-stop investment management application, allows SN holders to track important price metrics and activities of all their NFT holdings, all in a single application. Through this blockchain service, NFT holders can explore various critical financial measures to master the success of their investments.

    Hottest Airdrops

    Basic Attention Token Airdrop

    1. Download the Brave browser on your desktop computer.
    2. Click the BAT triangle icon next to the address bar after opening the Brave browser, to avail the airdrop.
    3. When a dialog appears, select “Join Rewards” to enable incentives.
    4. Make sure the “Brave Ads” toggle is turned on by going to your reward settings from the popup or by entering “brave:/rewards/.”
    5. From this point forward, offers will be delivered to you in the form of alerts at times the browser deems appropriate and non-intrusive.
    6. Simply interact with the alerts, click on the advertising, and you will receive 70% of the income from the seen ad, while Brave only gets 30%.
    7. You may redeem your accrued tokens at the conclusion of the Brave Rewards cycle each month. The BAT may be used to tip friends or your favorite content providers, or it can be automatically donated each month to the websites you visit the most.

    DeFi Chain Airdrop

    1. Register for a Cake Defi account.
    2. Log in after checking your mail.
    3. Finish the KYC verification process to avail of the airdrop.
    4. Deposit $50 in any supported currency into the lending, staking, or liquidity mining freezers at this time.
    5. To qualify, the money must be frozen for at least 28 days.
    6. DFI coins worth $30 will be given to you.
    7. Receive an additional $10 in DFI for each referral.
    8. In the Confectionery program, the rewards are lock-in for 180 days, during which time you will automatically receive 34.5% interest. 

    Binance Airdrop:

    1. Register for a Binance account to avail the airdrop.
    2. Within 14 days after registering, make a deposit of at least $50 equivalent via cash, a credit/debit card purchase, P2P trading, or a cryptocurrency deposit.
    3. You will receive a reward coupon of 100 USDT.
    4. Through the Lite Referral Mode, users may invite more friends to sign up for Binance and enter to win extra Gift Card prizes of up to 200 BUSD apiece.
    5. See this article for further details on the activity.