Any crypto that has emerged since Bitcoin is referred to as an “altcoin” (BTC). Developers cloned Bitcoin’s open-source code in its early stages to produce alternative currencies. Various Bitcoin alternatives started to drift more from its forerunner over time with differing supply cycles and privacy features.
As a larger variety of applications for the tech have emerged, the emergence of altcoins and the corresponding blockchain networks heralds a period of exploration and development within the cryptocurrency sector.
The South Korean government has taken steps to push back the implementation of any new cryptocurrency taxes until 2025. The country has pointed to the current state of the market as one of the reasons for making this decision. This is a significant development, given that South Korea is one of the most important markets … 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
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
The largest play-to-earn network, Axie Infinity, declared the beginning of its “Lunacian Summer” promotion on July 14. The program will last 50 days and reportedly let players breed special summer skins for their video game avatars. The native token of Axie is Smooth Love Potion (SLP crypto token) For the first occasion since August 2021, … Read more
Investors are buying the decline in Decentralized Finance (DeFi) tokens, which has caused the price of BarnBridge’s crypto (BOND/USD) to soar recently. A high of $9.74 was reached by the BOND token, which was its best price since May 2022. From its lowest point in June this year, it has increased by more than 300 … Read more
Users can create, deploy, develop, and farm NFTs using the decentralized ecosystem known as SuperFarm, which is built on blockchain technology. It provides cross-chain farming of non-fungible tokens, increasing the accessibility and usability of NFT farming and NFTs. The project’s major goal is to make it simple and user-friendly to create and grow NFTs and … Read more
William Volk, a seasoned gamer who also serves as the primary consultant for the Shiboshi game developed by Shiba Inu Games, claims that “something” seems to be developing around SHIB. The game veteran replied to a teaser video of a dreary rainfall that the Shiba Inu official Twitter account had tweeted. Hmm.. Something’s coming. https://t.co/16AbW3wLS2 … Read more
The proprietor of the Deaton Law Firm in East Providence, Rhode Island, and American attorney John Deaton (@JohnEDeaton1 on Twitter), who has been watching and commenting on the SEC’s action against Ripple, revealed to Fox Business on Wednesday, July 20, why the SEC is upset with him. Deaton is also the creator of the YouTube … Read more
Skybridge says that withdrawals from one of its crypto-exposed funds will be stopped. Skybridge joins other companies that have frozen the funds of crypto investors. However, Skybridge’s CEO, Anthony Scaramucci, says the freeze is only temporary, and there is no danger of the company going out of business. Skybridge Capital has stopped people from taking … Read more
Users’ attempts to remove their funds from the platform have been a rollercoaster since Celsius Network prohibited withdrawals, swaps, and transfers last month. The lending program eventually filed for Chapter 11 bankruptcy this week, following in the footsteps of Voyager, which brought everything to a head. Users had some hope that they may receive their … Read more