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Australian Bank Drops Anti-Crypto Stance and Embraces Stablecoins

Australia and New Zealand Banking Group Minted an Aussie dollar-denominated token.

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Ethereum’s Optimism Raised $150 Million, Hitting $1.6 Billion Valuation

Ethereum’s Optimism raised $150 million in its latest Series B funding round and reached a $1.6 billion valuation as we can see more today in the latest Ethereum news. Ethereum’s Optimism scaling solution announced it raised $150 million and the startup added that the cash now means the company has a valuation of $1.65 billion. […]

Ethereum Price Prediction 2022-2026-Will ETH Price Hit $6500 by the end of 2022?

Ethereum 2.0 Deposit Contract Surpasses $30B in Value

Ethereum (ether or ETH) is the native token of the Ethereum blockchain. The Ethereum blockchain is open-sourced and enables anyone to write smart contracts on it for the development of decentralized applications (dApps). Most of the dApps that are developed in the Ethereum blockchain are hosted as ERC-20 tokens which are in their hundreds of thousands. Presently, transactions in the tokens are carried out by using ether in buying the gas fees. What is Ethereum? Ethereum is a cryptocurrency that was co-founded by Russian Vitalik Buterin with other cofounders like Gavin Wood, Charles Hoskinson, and others in 2013. It raised over $18.3 million through its public sale of 60 million Ether in 2014 at an initial coin offering price of $0.311. It uses the Solidity programming language that is highly secured to ensure that assets stored in private wallets are saved from attacks. Ethereum is a community-driven coin that wants to ensure that everyone in the world can transact with ease and also launch their projects on the platform. The native token Ether attained an all-time high price of $4,891.70 on November 16th, 2021 during the bullish run of some of the top 100 cryptocurrencies. Let’s see the Ethereum price analysis for the coming years. Price Analysis of Ethereum Coin Flashback: Fundamental Analysis of Ethereum Fundamental analysis has to do with ways through which news and announcements can affect the price of an asset. In the Ethereum community, there is news that has increased the positive sentiments that investors have for it in the long term. In recent news, it was announced that the Ethereum blockchain will be migrating to the Proof-of-Stake (POS) consensus mechanism from the present Proof-of-Work (POW) algorithm that it uses. This news is a welcome development among the users of the Ethereum blockchain since the POS mechanism will reduce the high fees paid by users in carrying out transactions on the blockchain in the form of gas fees. This exorbitant fee is one of the reasons why Ethereum competitors are attracting projects that are previously launched on Ethereum to either move multi-chain or move away from it to platforms with almost the same capacity and minimal transaction fees. Also, in another news on continuous Ether burn is increasing the trust that investors have for the coin, since all the ETH burned are forever lost and can be traded again. Burning is a mechanism where a given quantity of a coin/token is sent to a dead wallet where it not never be transferred into circulation again. This reduces the quantity of the asset in circulation and can sometimes increase the price depending on the volume of buyers. Ever since the launch of the Ethereum London fork in August 2021, ETH worth over $1 billion had been burnt. Now, we shall use charts to discuss the price analysis of Ethereum. From the link above, the relative strength index (RSI) value of Ethereum is 46.79 which means that the present trend is weak since it lies between 30 and 50. More buyer’s pressure can change the present bearish trend to be bullish. The link above represents a 1day chart of ETH/USDT using the Keltner channel that helps to know the direction of a trend. Since the present candlestick is within the second part of the curve from the top and is bearish, the price of Ethereum might plummet further. From the link above, since the 200-MA is above the 100-MA, we can deduce that Ethereum is bullish in the long term. The section below shows the Ethereum (ETH) price prediction for the next five years. Ethereum Price Prediction 2022 By the end of the first quarter of 2022, the price of ETH might reach $2,870. However, it will be within the range of $2100 and $3,100 by the end of the second quarter of 2022. By the end of the third and fourth quarters of the year 2022, ETH prices will be within $2950 to $3,900 and $2,500 to $6,500 respectively. Ethereum Price Prediction 2023 The price of Ethereum might reach $7,000 by the end of the first quarter and $8,000 by the end of the second quarter. In the third and fourth quarters of 2023, ETH prices might be $6000 and $9000 respectively. Ethereum Price Prediction 2024 The price of Ethereum might reach $10,000 by the end of the first quarter and $12,000 by the end of the second quarter. In the third and fourth quarters of 2024, ETH prices might be $16000 and $19000 respectively. Ethereum Price Prediction 2025 The price of Ethereum might reach $17,000 by the end of the first quarter and $18,500 by the end of the second quarter. In the third and fourth quarters of 2025, ETH prices might be $20,000 and $22,000 respectively. Ethereum Price Prediction 2026 The price of Ethereum might … Continued

The post Ethereum Price Prediction 2022-2026-Will ETH Price Hit $6500 by the end of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

The Next Go-To Platform? Secretum to Make Waves in NFT Gaming

How-Secretum-Plans-To-Take-Over-NFT-GamingThe NFT is growing but it comes with risks and challenges. Secretum offers a more reliable, seamless, and cost-effective messaging ...

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How Secretum Plans To Take Over NFT Gaming

NFTs have become the newest, hottest, and most powerful trend of the gaming world since the long-gone era of Pong and Galaxy Game. Gamers worldwide, for the first time, can now make real money with play-to-earn (P2E) gaming, and in-game assets (characters, land, tools, and more) have been turned into tradable tokens with actual monetary value. Large amounts of money from both investors and gamers are rapidly rushing into the sector: Sandbox, a virtual world development game, saw its sales of NFT land plots surge by over 1,600% in 2021, with sales peaking at over $3 million per day. Ember Sword’s NFT digital land sale in August 2021 raised an unprecedented $203 million. Investment fund Metaverse Group bought an NFT land plot on virtual platform Decentraland in December 2021 for $2.43 million – an all-time price record. Top NFT metaverse game Axie Infinity generated a record $3 billion in NFT sales in 2021. The explosion in NFT trading volumes ($41 billion in 2021) and the number of NFT game metaverses (rapidly approaching 500) are signaling a tectonic shift. Also, with Facebook’s name change to Meta introducing the term “metaverse” to the wider public, this seems to signal the beginning of the Web 3.0 era. PwC sees the metaverse sector being worth $1.54 trillion by 2030, with Goldman Sachs upping the estimate to a potential $8 trillion. This game-changing trend, however, has come with a significant challenge. The traditional channels for gamer communications, including Discord and Twitter, and NFT storage, have recently been the recent victims of high-profile hacks: In December 2021, hackers stole $2.2 million of Bored Ape Yacht Club NFTs from their owner’s wallet. Within hours of BAPE announcing it would launch NFTsand opening its Discord channel, users of the platform received fraudulent direct messages which cost 20 members their entire NFT holdings. A Discord server run by recently launched gaming NFT marketplaceFractal was hacked, scamming members out of $150,000 in cryptocurrency. Web 2.0 social media platforms (Twitter, Telegram, Discord) lack adequate mechanisms to support communications that are needed for the Web 3.0 era. Spammers, hackers, and bots, which generate misinformation and undermine the safety of users’ assets, often overrun channels on these platforms. There is an urgent need for a solution that enables reliable and seamless communications between gamers, and‌ the ability to exchange NFT assets safely and cost-effectively. The solution is here, and its name is Secretum. Built on Solana, the world’s fastest and lowest cost blockchain, Secretum aims to become the go-to platform for messaging and NFT trading for the global gaming community. The key pillar to Secretum is Public Smart Channels, where creators set certain rules for channel access based on subscriptions and proof of NFT ownership: Subscriptions – Channel owners can define a one-time fee or recurrent fees, paid directly to the connected wallet of the channel owner by staking SER tokens. This tool screens out less motivated and engaged channel members, including fictitious members (bots) and potential hackers. Proof of NFT ownership – Channel owners can request new users to prove they hold certain assets, tokens or NFTs, to access a channel. Only true gamers, which are actively involved in the ecosystem, can therefore take part. Secretum’s Public Smart Channels function is a first-of-its-kind revolution for gamers worldwide, creating the ideal conditions for: Messaging Safety – No centralized data storage, complete anonymity, no data transfers, no moderators, and complete end-to-end encryption. Strong Gaming Communities – Users will never again be spammed, phished, or harassed by malevolent actors. This means that, unlike Discord or Twitter, all community members are real and channel communications are always genuine and verified. NFT ownership becomes a tool for identity verification, while the SER token becomes the currency of a new messaging ecosystem. Strong Trading Volumes – Public Smart Channels lead to more communication, more connections, and consequently more trading of NFTs between channel members on Secretum. NFT owners can furthermore avoid the congestion, high fees, and liquidity issues affecting most crypto and NFT exchanges. Solana’s trading costs are as low as $0.00025 per transaction, stimulating Secretum users to invest in and trade NFTs. With a potential 65,000 transactions per second, Solana ensures that Secretum is built to scale. One of the Secretum’s goals is to create the NFT gaming world’s leading platform for trusted communications, cost-effective NFT trading, and community building – all underpinned by the power of the Solana blockchain. With the NFT sector booming, Secretum is positioned to satisfy a market need that is getting bigger by the day. The last round of Secretum Private Token Sale of 3,000,000 SER tokens at a rate of $0.50 will end on April 22, 2022, at 24:00 EET or before allocated SER Tokens are sold.  

Morgan Stanley now owns more Grayscale Bitcoin Trust stock than Ark

Wall Street's Morgan Stanley just can't stop buying Grayscale Bitcoin Trust as it awaits potential conversion to a spot exchange-traded fund.

The post Morgan Stanley now owns more Grayscale Bitcoin Trust stock than Ark appeared first on Protos.

XDC Network unveils smart contract and tokenization platform, Origin

XDC Network, a highly interoperable hybrid blockchain platform built by XinFin, today revealed its smart contract and tokenization platform, Origin — a user-friendly tool that enables the secure creation of complex smart contracts at the click of a button. Origin allows for the creation, issuance, and management of XDC-based token standards via the XDC Network. […]

The post XDC Network unveils smart contract and tokenization platform, Origin appeared first on CryptoNinjas.

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Why Crypto Asset Management Solutions Are on The Rise?

Crypto Asset ManagementThe rise of cryptocurrencies and blockchain technology has created a financial ecosystem worth over $2 trillion in 2022. There are ...

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REN price gains 65% after Catalog launch brings a cross-chain DEX to its blockchain

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REN stands out among a sea of red altcoins after the launch of Catalog and a pivot toward Polygon blockchain result in a 65% rally.

Services Help Buyers Make All-Cash Offers For Next Homes

As all-cash offers become more common, new services are sprouting to let regular home buyers dependent on mortgages to make their own offers exclusively in cash.

BiggerPockets Money Podcast 280: Finance Friday: Who Should (and Shouldn’t) Be Investing in Real Estate

Investing in real estate is a proven way to build wealth, produce more cash flow, and retire early. But, not everyone is cut out to do every type of real […]

Celsius’s Alex Mashinsky on “Feeding the Plankton”

Alex Mashinsky, the serial US entrepreneur well known for installing broadband on the US subway, once famously declared Bitcoin the slowest database on the planet.

The post Celsius’s Alex Mashinsky on “Feeding the Plankton” appeared first on CryptoSlate.

Evmos delays mainnet launch, increases token allocation for upcoming rektdrop

Evmos, the first IBC-compatible EVM-based chain on Cosmos, has delayed the launch of its mainnet.

The post Evmos delays mainnet launch, increases token allocation for upcoming rektdrop appeared first on CryptoSlate.

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