Vivekanandan Tiwari
For transactions to be carried out and recorded on blockchains such as the Ethereum Mainnet, fees denominated in the cryptocurrency units of the blockchain must be paid. The native coin of the Ethereum blockchain, Ethereum (ETH), can be purchased through exchanges and be used to cover transaction fees. On test networks like Rinkeby and research … Read more
Since the last few days, Axie Infinity (AXS) has been creating a massive bullish reversal pattern that might drive its prices higher. The pattern, also known as the “cup and handle,” is distinguished by a broad crescent form followed by a small upward retracement. It usually ends when the price breaks above the cup-and-handle’s neckline … Read more
Data shows that the trading volume for non-fungible tokens (NFTs) between May and June decreased by 74%. The May trade volume was $4 billion, whereas June saw $1.04 billion. The previous low was 48 percent, which happened during March and February this year. The current dip in NFT marketplace trade volume is the greatest month-over-month … Read more
Andorra, a tiny European nation between France and Spain, is a glimmer of progress. The General Council of Andorra, the nation’s government, recently gave the Digital Assets Act, a legal framework for virtual currencies and blockchain technology, its blessing. There are two sections to the act. The first is developing “programmable digital sovereign money,” or … Read more
BetterMe Magazine, a Yahoo Hong Kong online publication, revealed on Monday that its first NFTs project, widely known as “City Frenchie,” will debut on July 21. Many pet owners compare having a pet to having a child. They see their pets as a family member, so they should be treated with care and amusement. In association … Read more
As of July 24, Bitcoin (BTC) was holding steady at $22,000, and bulls were still hoping for a strong weekly close in the green. Price Concentration Levels at Weekend According to data from TradingView, BTC/USD stopped falling over the weekend at $21,900 and started to move back toward $23,000. The pair maintained a trading range … Read more
Square Enix, the company behind the Final Fantasy video game series, has revealed intentions to launch a non-fungible token (NFT) initiative associated with the game series. Collaboration with NFT marketplace Enjin will create and release a collection of Final Fantasy VII NFT. On Enjin’s Efinity blockchain, the collection will include the 25th Anniversary cards and … Read more
The Sandbox computer game Minecraft’s creator, Mojang Studios, has declared that it would not enable NFT integration. Mojang Studios Created the Sandbox Video Game Minecraft The studio warned that players who purchase third-party NFTs risk losing money because some of them can be untrustworthy. Gene Park on Twitter: “Minecraft completely rejecting NFTs and what they … Read more
The company that made the metaverse battle royale games, Fortnite, Epic Games, Inc., claims that it would not outlaw NFTs like Minecraft. “You should be free to choose whether to play a game, and game developers should be free to choose how to create their creations. Businesses like retailers and operating system developers should refrain … Read more
On July 21, price movement in the cryptocurrency market was mostly muted as traders took a day to digest recent gains and book profits after the strongest relief bounce since early June. The Ethereum Merge has remained at the top of the list despite rumors regarding what sparked the recent spike. After a preliminary date … Read more