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Join Our Telegram channel to stay up to date on breaking news coverage Decentraland (MANA) powers its virtual reality platform and is based on Ethereum. MANA can be used as currency for land plots in Decentraland, along with regular goods and services. Decentraland (MANA) allows users to monetize content and apps, and it aims to establish a user-owned network. The Sandbox (SAND) is an Ethereum token that allows players to participate in gaming experiences that are blockchain-based. The Sandbox (SAND) allows game designers to create custom NFTs and is used in the ecosystem. The Sandbox (SAND) can also be used as currency to trade NFTs and other in-game products. Traders are excited to switch over to TMS Network’s (TMSN) new trading platform that provides various resources to make informed decisions . TMS Network (TMSN) also provides trading signals, educational materials, and in-depth Analysis , and shares it with the trading community. Decentraland’s (MANA) trading volume has...

KuSwap launches on KCC Testnet. The KMX testnet enables users to experience leverage trading before the platform rollout on the mainnet. Its goal is to give everyone a good idea of how the platform works and to receive valuable feedback from the community. The KMX Testnet is an incentivized testing environment that allows users to participate in an exciting contest: the  KMX Trading Challenge , starting from February 25 to March 25, 2023. KMX Trading Challenge The KMX Trading Challenge is a contest to see who can generate the highest trading volume. The top 100 users with the highest trading volume will share a prize pool of 3,500 USD in esKMX. The prize breakdown for the Trading Challenge is as follows: Top 1: 1,000 USD in esKMX Top 2: 600 USD in esKMX Top 3: 400 USD in esKMX Top 4–100: Share in 1,500 USD in esKMX The top 20 users in this challenge will also receive a Kusfox NFT each. Brief Information About KuSwap KuSwap is not just an AMM, it’s much more with utility rapidly in...

Join Our Telegram channel to stay up to date on breaking news coverage The Ethereum community has happily welcomed the newly launched layer-2 network from Coinbase, Base. This layer-2 network aims to host decentralized applications onto its platform and is currently in a testnet phase. This move has been described as a “massive confidence vote” and “watershed moment” for Ethereum, as the community takes a bullish view of the newly announced blockchain network. Coinbase Launches Base- Layer 2 Protocol on Ethereum Mainnet Base is an all-new layer 2 solution from Coinbase that is secured by Ethereum and operates on the network. Layer 2 solutions essentially help Ethereum, or any other block chain for that matter, to process transactions off the Ethereum mainnet while maintaining the same throughput, security and decentralization This helps increase the efficiency of the network and makes it more scalable for applications hosted on the block chain . Base,...

In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S. Federal Reserve, creativity in crypto has found a new boon in the form of controversial inscriptions, called Ordinals, on the Bitcoin blockchain. All this and more, just below, in the latest Bitcoin.com News Week in Review. Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies — Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations — are “coalescing against the dollar.” Schectman believes that since 2022, de-dollarization “seems to be spinning much, much faster.” Read More Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions About Further Fed Rate Hikes B...

One of the most significant changes to the meme coin ecology has been the Shiba Inu Burn effort. With more than 549,063,278,876,302 SHIB in circulation, the entire objective is to reduce the supply, create scarcity, and eventually cause a price increase. Also read: Ethereum Price Prediction for March 2023 Positively, February got off to a good start with respectable burn statistics. This month, the burn rate of Shiba Inu also increased by 10,000%. The burn rate, like its price, is nevertheless well known for its volatility. However, the burn rate has decreased by -6.35% in the last 24 hours. Source: Shibburn 2.89 million Shiba Inu sent to dead wallets According to Shibburn data, the burn rate has dropped, with only 2,897,033 SHIB sent to dead wallets. The coins were sent to dead wallets in three transactions. For a very long period, the burn rate and the price of Shiba Inu may have been tied. The burn rate tends to increase when more SHIB are sent to dead wallets as...

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Returns to Range Bound Zone as It Might Recur at $23.5K – February 24, 2023 Bitcoin (BTC) is currently falling as it might recur at $23.5K. If the largest cryptocurrency asset retraces and maintains above the 21-day line SMA, it will try to move upward. However, selling pressure might return if the BTC price retraces past the 21-day line. Bitcoin Price Statistics Data: •Bitcoin price now – $23,850.31 •Bitcoin market cap – $460,340,776,119 •Bitcoin circulating supply – 19,300,450 BTC •Bitcoin total supply – $500,873,319,620 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 Bitcoin’s (BTC) price remains in the bullish trend zone despite the retracement to the low of $23,912. The previous low of $23,520, which has been held since February 16, may be visited ...

The new and improved crypto intelligence dashboard boasts tools used by over 100 of the world’s leading crypto institutions with expanded functionality. The Cointelegraph Markets Pro platform was created with the aim to narrow the divide between institutional and retail investors. Its proprietary tools, like the Newsquakes indicator, the VORTECS Score and the Tweet Sentiment indicator, are the platform’s primary methods of achieving this goal. Looking back at Cointelegraph Markets Pro alerts performance shows that the institutional-grade platform has been a resounding success. Since 2021, the platform has produced an average return of at least: 2,895% in gains from score-based trading strategies (potentially turning $10,000 into $289,549) 546% in gains from time-based trading strategies (potentially turning $10,000 into $54,635) 851% in gains from buy-and-hold breakout strategies (potentially turning $10,000 into $85,179) After two years of delivering several winning trade opportunit...

Join Our Telegram channel to stay up to date on breaking news coverage What – Fetch.AI and Bosch have announced plans to invest $100 million in the next three years to drive the adoption of Web3 technologies. Why – Fetch.AI is a decentralized infrastructure provider for Web3, while Bosch is a multinational engineering and technology company. What Next – The duo plans to accelerate the adoption of Web3 technologies in the industrial and consumer sectors. Fetch.AI And Bosch To Power Web3 Adoption The idea is to drive the adoption of web3 technology, AI, and software agent in several industries. From the announcement , the foundation aims to use Fetch.AI technology to enhance its existing network and provide new Web3-based services to its customers. The collaboration will create new business opportunities in the automotive, manufacturing, logistics, and supply chain industries. In addition, the partnership will enable Bosch to leverage Fetch.AI’s e...

ColdStack partners with LEAFES  a metaverse experience factory for easy brand integration and monetization tactics. The partnership with LEAFES , allows ColdStack to take a step closer to being known worldwide. With ColdStack’s NFT native integration, it can make it easy to store all types of data, and its AI helps to find the best maintenance costs for every file. ColdStack’s immutable global infrastructure will make the LEAFES’ metaverse more immersive with better retrieval speeds which means the denizens of this metaverse never have to worry about their world ending. Partnership Importance With ColdStack’s advanced technology in decentralized storage, LEAFES can securely store their data and ensure the longevity of their metaverse experiences. The collaboration allows both companies to accelerate the adoption of decentralized storage and bring this technology to the masses. Additionally, LEAFES will be able to offer their clients a seamless and secure solution for their data storage...

With 10 billion people to feed globally by 2050, the world is looking at blockchain and AgriFi to drive technological innovation in developing countries. Since its inception, Blockchain technology has found diversified and valuable applications to help boost efficiency and incentivize community participation in different areas and industries. Farming is a sector that can benefit from comprehensive Blockchain technology solutions, specifically when it comes to assembling actionable data and making it work to improve small businesses’ operations across several financial and sustainability metrics. By 2050, it is estimated that 10 billion people will inhabit the earth, and agricultural development will be a powerful mechanism to end extreme poverty, facilitate shared prosperity and feed the overall global population. The global agri-food industry is worth an estimated $8.5 trillion and urgently needs technological innovation if it aims to achieve such targets.  Farmers across G20 nations...

Join Our Telegram channel to stay up to date on breaking news coverage It has been over three months since FTX, once one of the largest and most dominant crypto exchanges in the world, filed for bankruptcy. The filing was submitted on November 11th, and it impacted the crypto world strongly, leading to further crypto price drops, while a number of other businesses in the industry also suffered additional losses, which led to failures of even more companies. With the start of 2023, the prices have started to recover somewhat, but the effects of the FTX collapse are still being felt. The newest example of this is the recent report involving Galois Capital, one of the world’s largest crypto -focused quantitative funds. The fund announced that it would have to shut down due to the severity of the FTX situation. Its co-founder, Kevin Zhou, said in a note that it is not tenable to continue operating the fund, both culturally and financially. The end of the road for Galois Capi...

Social media metrics show strong retail investor sentiment behind the ongoing CFX price rally. Conflux Network (CFX) is up nearly 500% in the past week with CFX emerging as one of the best-performing crypto assets in 2023 as China appears to be warming to cryptocurrency trading.  What is Conflux Network? Interestingly, Conflux Network, also known as Shanghai Tree-Graph Blockchain Research Institute, is the only regulatory-compliant, public and permissionless blockchain in China. Conflux is a layer-1 blockchain operating on a hybrid proof-of-work and proof-of-stake mechanism. CFX's price has rallied nearly 1,335% year-to-date (YTD) to reach $0.3254 as of Feb. 24, its highest level in fourteen months. In comparison, the combined market capitalization of crypto assets has surged approximately 45% YTD. CFX/USD daily price chart. Source: TradingView Why is Conflux Network price rallying? Strong fundamentals have primarily driven the CFX price higher in 2023. For instance, the CFX ...