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Category: Crypto News

  • Crypto Weekly Overview: News Stories and Market Sentiment

    Crypto Weekly Overview: News Stories and Market Sentiment

    The crypto market has been showing all the signs of the raging bull finally awakening from its deep slumber. Yesterday, Bitcoin reached its highest level of the last 5 months, surpassing $21,400. Ethereum too has made it big, after it had finally made it to $1,600. It appears that the strengths of the crypto industry have dominated perceptions, and investors are eager to turn to digital assets as a store of value amid the anticipated recession of the following months.

    Highlights of the week

    • Amid the growing calls for regulating the cryptocurrency industry, Japan has recently called for the world to place strict controls and governance mechanisms on the crypto-realm, similar to that imposed on the banking industry. Top financial officials in the country have been increasingly stating that the FTX fiasco occurred due to loose regulations and weak internal controls.
    • South Korean regulating bodies have reportedly been working on the development of cutting-edge crypto monitoring tools. These assess risk levels and volatility, and could potentially play a major role in ensuring the financial stability of economies where cryptocurrency plays a major role.
    • Thailand’s Security and Exchanges Commission has brought in a new set of regulations, specifically aimed at companies that offer cryptocurrency custodial services. Each of these entities would now require sound digital wallet management systems that ensure security and efficient custody. The move is clearly one that denotes crypto mainstream acceptance, even across Eastern economies such as Thailand.
    • Ethereum’s recent rise to $1,600 has been celebrated across the market, however, the crypto asset has simultaneously been hit with a gas fee spike, during these last two weeks alone. On new year’s day, the cost stood at $2.93 per transfer, whereas presently it hovers above $4.52. This surge depicts an end to the low gas fee phase of ETH, which had been in play for several months during the bearish mode of the market.
    • In a recent update to the widely followed bankruptcy case surrounding the disgraced FTX exchange, $5.5 billion have come under discovery by the new CEO of the company, in the form of liquid assets. These are going to be committed to maximizing the recovery of the affected parties, while the sale of subsidiaries is also placed under consideration.

    Crypto fear & greed index

    Market sentiment surrounding cryptocurrencies is currently going through an epic recovery that was not present throughout most of 2022. Yesterday, for the first time since April, the crypto fear & greed index showed a result of 52, well within the greed rather than the fear zone, denoting the strong boost in market perception. Today, the index is down to 45, but still stands remarkably higher than any point it has been in, since the last 10 months.

    This sudden shift in market sentiment bodes extremely well for the future of crypto in the coming months and is evident through the remarkable recovery of Bitcoin and Ethereum prices. The timing of this market boost, as all macroeconomic indicators point to the coming of a recession could see investors flock to take refuge in virtual currencies, amid the growing weakness of fiat money.

  • Crypto Weekly Winners: ATH Coins And Top Movers (24H)

    Crypto Weekly Winners: ATH Coins And Top Movers (24H)

    As the market rises up to glorious heights and is backed by optimistic bulls increasingly becoming more active due to strong sentiment, several price rallies have been experienced throughout the crypto space. One domain where this bullish rise is apparent is among ATH coins or those cryptocurrencies that have surpassed their own records, in reaching new heights. At the time of writing the newsletter, the following winners stand as the top ATH coins:

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    ATH coins

    Dives Defi (DDF)

    Dives Defi (DDF) has been on an upward growth move since its launch in the crypto-market, on early December 2022. Given this persistent rise supported by its optimistic backers, this multi-currency contract pool has been setting a new ATH point almost on a daily basis for the last four weeks. Its recent achievement of $250 sets a new benchmark, which in all likelihood it will continue to surpass throughout the following days and weeks.

    EmirateSwap (EMC)

    EmirateSwap (EMC) undertook a hard tumble upon its launch in October last year and has been making further movements in the red for most of that time, falling to even newer lows. The last few days however have seen bulls rushing this innovative cryptocurrency, which allows betting on crypto movements via the Dex exchange. As a result, EMC took off for the first time even beyond its initial high price of $0.0019 and has presently achieved an all-time high of $0.0027.

    FanCoin

    FanCoin (FNC) had seen a rocketing growth trajectory during the days of the world cup, and stabilized following Argentina’s win, and the subsequent hype die down. In recent weeks, however, FNC has found a new life, and has been growing in popularity with its handsome crypto-reward system for content contribution and gamification. FNC has once again raised the bar, as it always had throughout the prior months, and established an ATH point of $0.0193

    STA 

    STA has been showing a strong growth trajectory of a consistent crypto-rise since mid-October, along with highly robust fundamentals. Although it has been undertaking a slow and steady rise for most of this time, recent days saw it take on a terrific price jump that took it to a record high of $1.52. It is evident that market bulls feel the conditions are ripe for STA to accelerate its upward climb.

    The Debt Box

    The Debt Box (DEBT) has had an interesting price curve since its initiation in August last year and has consistently been falling from its start price of $21 to as low as $10. Given its linkage to real-world commodities such as gold and crude oil, however, it has been on a surging growth trajectory since the start of 2023 and has recently made it to a new high point of a whopping $39.

    Top Movers (24H)

    Similar to how the ATH coin category portrays some of the top winners amid the recent bullish rush seen across the market, another area of interest is the top movers of the last 24 hours. These cryptocurrencies, which have undertaken epic climbs in a single day, also are clear winners, and are as follows:

    FreshCut Diamond

    FreshCut Diamond (FCD) stands as the top gaming crypto beneficiary in these favorable times, as the cryptocurrency more than doubled its price in the last 24 hours alone. Its jump from $0.018 to $0.049 translates to a climb of 172%. Its volume figure is presently standing at $1.5 million, up drastically from yesterday’s $33,000 mark. FCD clearly is undergoing a very strong price pump.

    Germany Rabbit Token

    Germany Rabbit Token (GERMANY), the ultimate rabbit meme coin, is seeing wild craze among its backers in the market today, owing to its spectacular popularity. The token awoke from its state of paralysis two days ago, and has today exploded in price by 147%, in a stellar growth trajectory. Its take-off marks the end of the hesitance phase that crypto traders were locked in for the last several months.

    tomiNet

    tomiNet (TOMI) also caught a share of the glory among today’s list of crypto-winners, as it rose impressively from $0.21 to $0.39, with a trading volume of $2 million. The project has been seeing a surge in popularity following 58.5 million TOMI tokens moving to a smart contract system vesting over 2 years, as well as its truly decentralized and private web browser going live.

    Shina Inu

    Shina Inu (SHI) has just had one of its most successful days, in its price rise, as it surged from $0.0000011 to $0.0000019, translating to a jump of over 72%. This fun meme token and captivating NFT collection had been suffering with tough crypto market conditions in the prior months. However, as market sentiment showed booming improvement, Shina Inu fans awoke from the lull and began drastically upping their stakes in the ecosystem. This is evident from the 400% volume jump in the last 24 hours alone.

    Life Crypto

    Life Crypto (LIFE),  the non-custodial and multichain wallet has been on a remarkable growth trend today, as it stepped up from $0.00089 to $0.00126, translating to a 42% take-off in only 24 hours. The trigger behind this sudden take-off comes as the project launches its mobile application for Android on the Google Play Store today, which enables the transfer of crypto, via easy, custom nicknames, truly simplifying the trading process.

  • NFT Weekly News Updates and Top Opportunities

    NFT Weekly News Updates and Top Opportunities

    In what comes as a surprise for those who believed NFT days of glory to have ended, Yuga Labs’ latest release took the market by an unprecedented storm. The creators of the Bored Ape Yacht Club series came up with a Sewer Pass digital collection, giving holders access to the highly exciting game, Dookey Dash. Only hours after release, the collection raked in over $6 million by eager market participants. The highest tier of the sewer pass ticket is that which belongs to a holder of BAYP, thus tying into the wider ecosystem.

    The tech giant, Google, is facing severe backlash after news that the renowned NFT influencer, Alex, faced an attack by a hacker link displayed on the Google Ads result. Alex claimed all his NFT and crypto-holdings associated with his wallet had been maliciously transferred to different accounts, and his total net worth had thus taken a considerable hit. The link also redirected Alex to a phishing platform which caused hackers to gain access to his Twitter account, after which similar links were tweeted to his followers.

    One of the most renowned art museums in the world, the San Francisco Museum of Modern Art (SFMoMA) recently got hold of its very first NFT. The token it acquired is the brainchild of artist and director Hershman Leeson, who has spent close to 50 years questioning the relationship human beings have with technology. The news comes as a breakthrough for many onlookers, especially amid speculations that non-fungible tokens were experiencing a slow death since early 2021, and would fade into irrelevance over time. It seems apparent that museums may be realizing the inherent potential NFTs bring to artwork.

    NFTs to Watch

    Sewer Pass NFT

    The Sewer Pass collection is all the talk of the town right now with its trade volume presently exceeding the 6,400 ETH mark. Enthusiasts and Yuga Labs fans have been rushing Sewer Pass, which gives holders access to the skill-based Dookie-Dash game.

    On the surface, Sewer Pass NFTs appear to be a simple access card to a fun game, but it actually ties into a broader narrative. Any user that scores higher than zero on the game would have their tale immortalized as a part of the wider narrative of the BAYP ecosystem. Those who hold a Bored Ape Yacht Club NFT alongside a Sewer Pass would receive tier 1 privileges.

    The Harvest by Per Kristian Stoveland NFT

    Art_Blocks’ recent initiative that has been gathering significant traction across the non-fungible token domain is The Harvest by Per Kristian Stoveland.

    This collection draws into the spectacular worlds of space exploration and science fiction, with incredible pieces of symbolic, yet abstract art. Each of the NFTs further ties into a well-established lore, involving a cosmic Caretaker, constellations, and chromatic beams. Within this incredible narrative, the “harvest” is a reference to the awakening of the Caretaker, who sends out minions across the dimensions of space. This NFT collection is a clear breath of fresh air in a world where low-effort collections are seeing pumping into the market on a daily basis.

  • Crypto Performance Weekly Review: Top Winners and Losers

    Crypto Performance Weekly Review: Top Winners and Losers

    The sleeping crypto-bull has finally arisen, and is charging in full action. As a result of the BTC and ETH rise, market confidence has been soaring, and several cryptocurrencies took off spectacularly. At the time of writing this newsletter, the following stand as being the top crypto gainers of this week:

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    Top Weekly Gainers

    aiRight

    aiRight (AIRI) found itself taking on a rocketing price trajectory this week, as it blew up from $0.00158 to its current high of $0.00820, which denotes a jump of a whopping 419%. Working on an NFT and copyright management platform, the project has a great narrative, and strong momentum, and is favorably suited to take off amid this increasingly bullish crypto environment.

    Trava.Finance

    Trava.Finance (TRAVA) is yet another crypto initiative that has all in the market turning heads, as its token climbed up from $0.000279 to $0.001755 within a single week. This 529% weekly rise is incredibly impressive, and volume continues to rise up from $40,000 to over $1.7 million in the last seven days. With an active development team and an inherently safe project, many are calling TRAVA the hottest deal of January.

    TEMDAO

    In an explosive price burst, TEMDAO (TEM) took off earlier this week, from $0.039 to its present price of $0.216, which makes up a climb of 454%. This catalyst that triggered this remarkable price pump seemingly comes from the public endorsement of TEMDAO made by the webcam model, Gloria Sabra. It is important to point out, however, that momentum appears to be coming to a close, as volume has gradually fallen from $3.4 million to $900,000, during the week.

    Timeless (LIT)

    Timeless (LIT) has been taking on an impressive climb in recent days, as it more than tripled its price from $0.017 to over $0.055, in just one week. Volume during this time has steadily been ballooning from $28,000 to $3.8 million. Timeless has several upcoming catalysts, which explain the current boom, including an airdrop, a Bunni website launch, as well as Gauge reward initiation.

    Serum

    By far the biggest winner this week, in terms of its trade volume of $111 million in Serum (SRM). This cryptocurrency almost tripled its price in its weekly take-off from $0.18 to $0.49. This high-performance decentralized exchange is an obvious name to take off with improving market sentiment, and the rise of top crypto names. However, traders must be cautious as trade volume has fallen considerably in the last few days, from $1.3 billion to $111 million. This descent may very well continue in the upcoming days, bringing about price stability for SRM.

    Top Weekly Losers

    With the spectacular rise seen in the overall crypto-market, and bulls fully activated, there are also several names in the crypto-sphere that did not perform up to mark and have even brought in quite the losses to their holders in the prior week. At the time of writing this newsletter, the top weekly losers among cryptocurrencies, are as follows:

    Omni Real Estate Token

    The Omni Real Estate Token (ORT) stands as the biggest loser this week, and, by far the hardest hit, as it lost nearly all its price value in the last few hours. Following updates that ORT was exploited by a hacker on the BNB chain, who had gained approximately $70,000, a mass sell-off was triggered, as trade volume jumped up from virtually zero to over $700,000 in less than an hour. During this time, ORT price sank from $0.006374 to $0.0000001, which approximates to a 99.9999% fall.

    Create

    Create (CT) too is another crypto name that seems to be undergoing a hard plummet this week, after concerns of it being unsellable for 10 days, and its liquidity locked in. These concerns have led to panic among its holders through social media, who have been labeling it as being a “scam token”. In the pessimism that ensued, market bears have driven down CT from $0.070 to $0.014, in the last seven days, in a loss translating to 80%.

    Old Bitcoin

    Another devastating fall seen this week was that of Old Bitcoin (BC) which dropped from a high of $0.2216 to its present low of $0.0672. This gradual price shed has caused BC holders to lose about 70% of their holding value. The trigger behind this fall comes from heavy selling within insiders, without any disclosures, which has understandably spread panic across the market.

    ViCa Token

    ViCa Token fell from $0.046 to a present low of $0.015, in the last 7 days, a fall equating to 67% in the red. However, as volume has been ramping up lately, from $12,000 to $2.3 million, it is apparent that bulls are pushing for a fightback, as ViCa has more than doubled its price in the last 24 hours. It is evident that several market participants are aiming to buy the dip, and are driving up the price in the process.

    Niobium Coin

    Another unfortunate name that made it to our list of weekly losers is that of Niobium Coin (NBC) which shed its price considerably, despite its trade volume of almost $12 million, seen early this morning. NBC has plunged from $0.174 to $0.028, in the last week, translating to a loss of 84%. The fall comes after an explosive price pump, which continues to correct itself with a hard fall driven by bears.

  • Crypto Market Weekly Overview and Top Stories

    Crypto Market Weekly Overview and Top Stories

    The crypto market is back on par with its glorious potential, as Bitcoin has finally climbed above the $21,000 mark, for the first time since November. As the market took a break yesterday amid MLK day, a serious price gain was seen throughout the markets, including that of cryptocurrencies. Ethereum too made it big, after making it to a point of almost $1,580.

    Crypto-Highlights of the week

    • Following several months of researching cryptocurrencies, Tanzania’s central bank has finalized its approach toward a viable digital currency. According to a recent statement, the central bank will be taking a prudent approach, while taking into account all the risks associated with the project. Similarly, the bank will be focusing on the risks of issuing the currency, as well as counterfeiting and distribution.
    • The Europol body has been working alongside law-enforcement agencies in Bulgaria, Cyprus, Germany, and Serbia, and has successfully cracked down on a large crypto-scam network. The detained suspects allegedly lured gullible crypto holders via ads and the promise of extraordinarily high investment returns.
    • The asset management division of the Samsung Group has recently made the news after a successful launch of its very own Bitcoin futures ETF, listed on the Hong Kong stock exchange. The move clearly shows the tech conglomerate’s willingness to benefit from exposure to growing Bitcoin prices.
    • Despite all the dynamic crypto promise that is inherent to the tech-driven Indian market, the country’s central bank governor has made a tirade of comments against cryptocurrencies. He stated that BTC, ETH, and all similar crypto names undermine the national currency, and therefore should remain banned. He also made a comparison between crypto-trading and gambling.
    • Poland’s primary consumer protection agency has initiated legal action against a cryptocurrency exchange that has made misleading statements to users. The exchange, which falsely claimed to be Polish, stated to be operating within the country’s legal and regulatory framework, which was also false. Authorities have likened the exchange to operating similarly to a promotion-based pyramid scheme.
  • ICO and Airdrop Weekly Opportunities

    ICO and Airdrop Weekly Opportunities

    Active ICOs

    MTG Coin

    The ICO for the MTG coin is currently active and will be coming to a close later today. The token sale has been ongoing for weeks and has faced several extensions to its closing date, as of yet.

    The MTG Coin initiative is based on a novel approach that links the M2E phenomena and burning tokenomics. At its most basic, MTG aspires to function as a recurrent lottery, with 1% of each transaction burnt and placed into the winning pool. On a weekly basis, ten wallets are announced as random winners. By the third quarter of 2023, developers want to have introduced additional token utilities and several project updates.

    Artyfact

    The Artyfact ICO continues to push onward, remains active throughout this week, and will likely come to an end by the 25th of January. The token sale is proving to be quite successful, especially since 61% of the $1.5 million fundraising goal has already been met.

    As the number of users in the metaverse grows, Artyfact hopes to stand out with a highly unique play-to-earn economic model that results in an improved web3 gaming experience. Citizens of Artyfact may enjoy the coolest dimensions of triple-A gaming while spending their ARTY tokens on avatar customization, weaponry, digital real estate, and other entertaining events in the metaverse.

    Solidus AI Tech

     Another exciting ICO to keep watch of is that of Solidus AI Tech (AITECH), which has successfully pulled in $6.44 million in funding. This highly ambitious initiative aims to close its token sale at $8.66 million by the next 10 days.

    Solidus AI Tech is a concept that aims to bring to life, the world’s first deflationary AI token. This would be the go-to payment method in the up-and-coming realms of AIaaS, Baas, or Iaas. The project already holds within its balance sheet, a state-of-the-art and eco-friendly high-performance computing data center located within Europe, and is over 8,000 square feet in area. The project is definitely one that holds the potential to be truly revolutionary.

    Upcoming ICOs

    Fasttoken

    Fasttoken, a completely Ethereum-based cryptocurrency that will be the native token of the Fastex chain ecosystem, is an upcoming token sale worth looking into. Even before its inception, this initiative has successfully garnered an astounding $25 million, with a total goal of $71 million.

    The fact that the Fastex chain ecosystem now has over 1 million users worldwide is one of the reasons why bulls have been flocking to Fasttoken. As Fasttoken incorporates more utility-based features, the token’s organic growth potential would continue to reach new highs, and thus significantly adds to its investment appeal.

    Snake Money

    The ICO for Snake Money (SNAM) has just kicked off in recent days and has already proven to be a mighty success. It blew its initial fundraising goal of $50,000 out of the water, and so far has reeled in $490,000. Thereafter, this token sale is scheduled to come to an end by Monday.

    Snake Money holds such appeal in the fast-growing P2E industry because of its inherent simplicity which could appeal to any gamer, across the world. With a combination of skill, strategy as well as luck, players can reel in hefty rewards, for an entry position as low as $1.

    Carbon

    The highly popular Carbon (CSIX) concept is another one gaining fast traction in the ICO spaces. The token sale aims to reel in $720,000 in the next two weeks, before its close.

    Carbon aims to establish the fastest web 3.0 browser, which auto-blocks intrusive advertisements and is fully equipped with the latest crypto features. These features include a bridge and a multi-chain wallet. The greatest factor of appeal, with Carbon, however, remains its fully secure and private experience, through an inbuilt ToR e2ee, firewall, and decentralized VPN. If Carbon successfully takes off, it could truly bring disruption to giant browsing services such as Google.

    Ended ICOs

    Dash 2 Trade

    The ICO for Dash 2 Trade (D2T) came in with a big win, during the week, closing in as it met its full target of $13.6 million. The concept is entirely designed to cater to crypto-traders and has been set up by the most experienced team of traders, filling in a crucial market gap.

    Dash 2 Trade is a closely watched platform that allows its users access to a strong analytics dashboard, packed with the most advanced features and top crypto signals. Therefore, it is very much the tool that could allow traders to beat the market, given their access to information, which is not available to others.

    Koakuma

    Yet another example of a successful ICO is Koakuma (KKMA), which has come in with $3.5 million, a drastic over-achiever, considering its initial goal of $720,000.

    Koakuma as a metaverse game appeals to a large sea of enthusiasts. The promise bears as a blockchain-based action RPG game, which is unlike any other, is the basis for its early success in its ICO. Moreover, it has fast transition rates, resulting in a very smooth and immersive gameplay experience, made possible by its placement atop Polygon. Koakuma has almost no gas expenses, and its prizes are much sought after by gamers.

    Hottest Airdrops

    Acorn Protocol Airdrop

    1. Install the Acorn Box wallet.
    2. Register an account.
    3. To earn up to 400 ACN, click “Go” and complete new user tasks.
    4. Invite your friends to receive up to 400 ACN for each referral.
    5. Invite at least 5 friends to be eligible for ACN from a pool of 10,000,000 ACN.
    6. See this page for additional details on the airdrop.

    Stradall Airdrop

    1. Go to the Stradall contest page.
    2. Submit your information and register.
    3. Complete the easy activities displayed to earn multiple entries.
    4. Earn additional entries for each referral you make to friends as well.
    5. A total of ten entrants will be chosen at random to receive 100 USDT apiece.

    ZKasino Airdrop

    1. Check out the ZKasino testnet website.
    2. Link your Metamask wallet.
    3. Switch to the Polygon, Arbitrum, zkSync, or Fantom testnet.
    4. Now, click “Request and tweet” to acquire testnet tokens.
    5. Then click “Mint” to create ZKUSD (ZKasino USD) to use in the games.
    6. Now, go to “Explore games” and start playing various games.
    7. ZKasino has confirmed the creation of its own token, “ZKAS,” and early users who have performed testnet acts on the platform may be eligible for an airdrop when the token sees release.
  • Crypto Market Highlights: News Stories And Sentiment Analysis

    Crypto Market Highlights: News Stories And Sentiment Analysis

    The crypto market as a whole is pushing on to a more positive mode, as the release of the latest inflation report is likely to come to light later today. Market experts seem confident that consumer prices may have seen a fall of 6.5% with the new data coming out. This bullish change clearly comes about in the market, as both BTC and ETH continue to trade at impressive multi-week highs.

    Highlights of the week

    • With the transition of power taking place in Brazil, and the incoming president, Lula Da Silva taking office, one area where considerable change is likely, is that of crypto regulations. Analysts and commentators have pointed out that the country’s crypto law, which has been in a state of limbo, will finally see some much-awaited progress. Lula’s administration is defined by its progressive and forward-looking ideals, in comparison to the prior regime.
    • According to the latest remarks by US Federal Reserve governor, Michelle Bowman, the Fed is making sure that innovation in the realm of blockchain and decentralized finance does not face obstacles, through its regulations. She pointed out that an aggressive stance by the fed would result in the market turning towards unbanked and unregulated channels.
    • In a rather surprising turn of events, the token for the controversial FTX exchange, FTT has been seeing somewhat of an inexplicable price pump in recent days. Its 28% price climb amid fraud and bankruptcy hearings has been turning heads. Many have claimed that the token is part of the speculative trading of market participants, cautioning that the trajectory will continue to remain highly volatile.
    • Following the launch of its Digital Ruble, the Russian government has outlined the payment models to avail in order for transactions to remain effective, for the purposes of international settlement. The Russian central bank has advised users to avail of the digital payment mode in the case of bilateral agreements with countries.
    • Recently revealed documents from Nigeria have revealed that the country’s central bank will soon be working on an initial framework within which stablecoins can function, in a regulated manner. Moreover, the FDI potential of ICOs had also come forward, as to how its sustainable regulation can follow through.

    Crypto fear & greed index

    Market sentiment, during the last 24 hours has shown to bring about drastic improvement, as demonstrated by the crypto fear & greed index. In a single day, the index jumped from 26 to 30, bringing about an end to the statically fearful state the market had been in for the last month.

    This improving sentiment very much shows in the prices of top crypto players, Bitcoin and Ethereum, both of which made it to multi-week highs and thus ended their spells of paralysis they had been a part of. A major reason behind this change in mood comes as the inflation report is expected to get released later today. Many are confident that the figures will point to significant macroeconomic improvement, which will eventually prove positive for the future of the wider crypto market.

  • Crypto Performance Review: ATH Coins and Top Movers (24H)

    Crypto Performance Review: ATH Coins and Top Movers (24H)

    With market conditions in the crypto-realm undergoing significant improvement during this past week, many winners have been observed across the market as a whole. One category of cryptocurrencies that had proven to be on winning streaks was that of ATH players, which set all-time records, owing to their price rise. At the time of writing this newsletter, the following stand as the top ATH names in the market:

    ATH coins

    DollarMoon

    DollarMoon (DMOON) has been on a winning roll this week and ultimately resulting in it hitting an ATH point of $0.041 earlier today. This denotes a staggering growth surge of over 7000% since yesterday and comes after the management team hinted at a high-profile partnership, which it plans on announcing later this month. The excitement evidently got the bulls activated, resulting in DMOON winning big this week.

    Fame Reward Plus

    Fame Reward Plus (FRP) has come a long way since its lowest point in late October when it was trading at less than $8. Earlier this morning, it made it to almost $64, and thus set a new price record as its all-time high. With over 30,000 followers on the project’s Twitter profile, it is highly popular in the social media spaces, which is why its rallying crypto pumps prove to be quite successful, despite no milestones or developments being announced.

    FanCoin

    FanCoin (FNC) had seen a rocketing growth trajectory during the days of the FIFA football action, and eventually gained stability after Argentina’s win had cooled off, days after the final. Following new year’s day, however, FNC began a second rally and has persistently climbed to new highs ever since. Its latest milestone is an all-time high of $0.015, which it expects to surpass by today.

    NutsDAO

    NutsDAO (NUTS) has been traversing a rough path since mid-November, hardly bringing in considerable gain above its initial price of $0.067. However, since early January, as the NUTS poker tournaments began seeing a strong wave of popularity, and a recent NFT minting was initiated, the crypto-player began taking on a rocketing climb, which brought it to an epic ATH of $0.297.

    ANKR Staked BNB

    ANKR Staked BNB (ANKRBNB) has been on a strong winning streak since mid-December, taking on a gradual climb since its lowest point of $233, and making it to an all-time high of $299 seen earlier today. The winning momentum has spurred on, following updates that the development team has been in contact with Binance, with the possibilities of a collaboration making the rounds.

    Top Movers (24H)

    Just as several winners had come up in terms of their all-time highs achieved, another area where we see top-performing crypto names remains those that achieved incredible price climbs in a single day. These brought in substantial gains to their holders, and especially to those who timed their positions perfectly. At the time of writing this newsletter, the following names stand as being the top movers of the last 24 hours:

    TEMDAO

    TEMDAO (TEM) brought in remarkable gains today, as it more than tripled its overall price in barely a 24-hour time period. At one point, TEM climbed from $0.045 to a peak price of $0.227, denoting a 400% take-off, at which point trade volume hovered around $3.7 million. Eventually, as momentum cooled off, these gains came to stabilize at 238%.

    Xoloitzcuintli

    Xoloitzcuintli (XOLO) experienced a sudden and explosive take-off earlier today from $0.00008 to $0.00022, amounting to a 175% jump. Considering its high volume of above $1 million, and no recent updates, relating to the project, it appears evident that XOLO is undergoing a coordinated price pump, and may continue to do so throughout the following days.

    Rally

    Rally (RLY) proved itself to be a big name in today’s list of performers, with a trading volume that exceeds $23 million. RLY has been on an upward surge since the 4th of January, after it announced a partnership with the gaming leader, PlayZapGames. Today, RLY jumped from $0.0083 to $0.0133, in a single day, which translates to a launch of over 60%. Its volume is likely to climb considerably higher in the following hours, and even days.

    Jarvis+

    Jarvis+ (JAR) has just had one of its most successful days, in terms of price climb, as it surged from $0.0016 to $0.0042, denoting a 162% take-off. The success of this Ethereum-based cryptocurrency seemingly ties in to improving market conditions, and positive sentiment, which has seen ETH climb to consistent multi-week highs in the recent few days. The trade volume for Jarvis+ has also been steadily climbing to above the $1.5 million point.

    Shapeshift Fox Token

    Shapeshift Fox Token (FOX), the cross-chain trade platform and crypto portfolio also made it to today’s list of winners, as it steadily ballooned from $0.025 to almost double at $0.048. During this 92% rise, the volume for FOX saw an explosive increase from below $700,000 to more than $5 million. One trigger that could have catalyzed this rush could link to the latest audit of FOX’s top partner IdleFinance, proving safe and reliable contracts.

  • NFT Overview: Top News Stories and Hottest Opportunities

    NFT Overview: Top News Stories and Hottest Opportunities

    After many onlookers observed the slow death of the NFT market across 2022, new year’s day brought fresh life to its performance and a substantial boost in opportunity, according to the latest figures. In the first week of January, weekly trade volume surpassed the $209 million mark, and thus denoted a climb of 26%, against the final week of 2022. According to metrics by cryptoslam.io, 1.2 million NFT transactions saw completion during this period, among more than 700,000 buyers.

    The recent talk of the town within social media, and across NFT circles in particular seems to be all about the Game of Thrones NFTs that recently saw release on niftys.com. It had evidently been a wild success in the market, especially when considering the fact that all tokens sold out on the very day of their launch. Despite this however, the collection has been facing an onslaught of critical remarks by fans and followers, calling out the NFTs for being poorly drawn. Meanwhile others have pointed out bizarre shapes and “salad fingers” that many of the characters have.

    All eyes in the crypto-realm are currently looking toward the Australian tennis open, which is currently underway. This time around, the governing body, Tennis Australia has announced its plans to expand its NFT ball art program, significantly. The move is remarkable because the organization is deciding to go on with the initiative, despite the widespread uncertainty dominating wider cryptocurrency markets. This “AO Artball” NFT project saw its launch last year, when NFT craze was at its height, and the crypto-market was extremely bullish and optimistic.

    NFTs to Watch

    Mutant Hound Collars NFT

    The Mutant Hound Collars NFT collection was among the top winners of recent days, with its floor price seeing a surge of 257%, and its trade volume making it to 1,150 ETH.

    The collection is among the most popular within NFT spaces and is for fans of lore-driven fantasies. There are 10,000 collars within the collection, which allows its holders to redeem hounds from the infamous ‘hound lair’. Based on the lore surrounding this tale, these are hounds, upon which rigorous experiments have been conducted, and hence mutated in the process. Each of the redeemed hounds is highly unique and can see trading, swapping, and use within the ecosystem.          

    Friendship Bracelets NFT

    The Friendship Bracelets NFT project by Alexis Andre has been seeing a growing interest surrounding it as of late, especially as it made it to the top of Opensea rankings this week. The concept is one that takes digital art to its limits, in an attempt to produce highly intriguing works of art which bring subjective meaning, yet no inherent value. In its essence, it very much is a commentary on the notion of a nonfungible token, and art in general.

    The Friendship Bracelets project is a darling among art enthusiasts in NFT spaces due to its elegant designs, which come about through the most accessible of tools. With constantly shifting forms of NFT and complex ecosystems seeing launch with each given day, the pure and simplistic Friendship Bracelets NFT collection is a breath of fresh air.

  • Crypto Market Weekly Highlights & News Stories

    Crypto Market Weekly Highlights & News Stories

    After what felt like a perpetual paralysis, the crypto market has finally been showing signs of promising growth with the release of inflation figures, and the issuing of nonfarm payments (NFPs) last Friday. In the wake of this improving market mood, Bitcoin finally climbed and made it above its dreaded ceiling, and is presently trading above $17,200. Ethereum too has been quite positive and has surpassed a multi-week high with its current price at $1330.

    Crypto-Highlights of the week

    • The mammoth payment company, Mastercard recently announced a collaboration with the Ethereum-based crypto player, Polygon, as part of its artist accelerator program. Mastercard will be training a range of emerging artists from across the globe to tap into the capabilities of blockchain, as a means to enhance their fan engagement and brand value.
    • The head of France’s central bank has called for increasing regulations against crypto service providers operating within the country. The remarks come against the wider background of “disarray” seen within the French crypto markets in 2022, owing to wider disruptions, such as the FTX fiasco.
    • Amid growing tension between governments and the crypto industry, Romania is apparently taking the most aggressive stance, by carrying out raids against suspected crypto-holders, who have not declared their holdings. The raids have been ongoing since December, and come after reports that undeclared holdings by certain investors exceed $50 million.
    • According to the latest reports, US prosecutors and other federal agencies are conducting investigations against American hedge funds that have had dealings with the crypto-exchange giant, Binance. Several of these firms have also received subpoenas from the office of the US attorney to comply with the investigations, and appear in front of the committees to examine the matter.
    • Fabio Pannetta, a top executive of the European Central Bank, recently wrote an opinion piece, where he described unbacked crypto assets as gambling vehicles without any intrinsic value. He made a strong case for more structured regulations for the crypto industry, while also asking for a deeper look into decentralized finance as a broader concept.