Cryptocurrency

Elrond has announced the integration of Terra Virtua’s digital collectible platform’s with its mainnet to enable users to add Elrond-native NFTs to their collections. 2020 was a year of innovation for the blockchain world in which not only decentralized finance attracted investors around the world but also in which NFT collectibles like MeMe, Rarible, and Aavegotchi took the world by storm. The stage has now been set for NFTs to keep growing in 2021 as global interest in blockchain and cryptocurrency keeps rising, NFT market infrastructure becomes more solid, and awareness of the potential of NFTs for different industries is on the rise. The Year of the NFT It is estimated that the market capitalization of NFT collectibles grew by $150 million during 2020 to reach an astounding $350 mill...

Turkey is set to pilot a digital currency in the second half of 2021. On Friday, central bank chief Naci Ağbal revealed the plans to Parliament. As reported in the Turkish media, Ağbal said, “There is an R&D project started on digital money. Currently, the conceptual phase of this project is completed. We aim to start pilot tests in the second half of 2021”. This move may not come as a surprise as the country has been hit with high inflation levels in recent years. Its chaotic past overshadows Turkey’s recent stable financial history. After stabilizing in 2001, the government held a tight grip over the Turkish Lira’s economy and value. However, following the 2016 failed coup, economic issues began to resurface, culminating in 2018 when Turkey’s inflation ...

Bitcoin Chaser - January 6, 2021 2020, despite all of its faults, was good for Bitcoin. After a fairly consistent run up towards the end of last year, Bitcoin reached a new all-time high of $19,850.11 on 30 November 2020, then again on 16th December, topping $20,600. It climbed once more on 17th December and hit $23,421, as well as the 27th of December when it hit $28,000.  Crypto enthusiasts saw in the New Year on an extremely high note, as the coin hit a whopping all-time high of $34,452.08 on the 3rd of January. However, things didn’t last long – since then, Bitcoin has plummeted by 17%, trending down by 17% – the biggest dip since March 2020.  “Today’s...

Bitcoin Chaser - January 7, 2021 Bitcoin hit a record high of $38,000, surging 6.7% on Thursday. The OG cryptocurrency has risen by more than 400% over the last year, and has seen an influx of investor interest in the last few weeks. The driving force behind this latest rally has been pinned on a renewed desire among investors to find an alternative asset, which is decentralized, amid a destabilized economy.  Bitcoin hit a record high of $38,357.66, topping a previous all time high of $34,000 set on the 3rd of January 2021.  “With buying interest continuing to drive the market, any sell-offs of set-backs will be seen as another opportunity to enter a marke...

Bitcoin Chaser - January 7, 2021 BitStarz casino always brings the heat, and these latest slots are no exception. BitStarz has been providing top quality gambling to players since 2013, with the very best that the iGaming world has to offer. Let’s take a look at some of the latest entries to the BitStarz world. Knockout Diamonds – ELK Studios  Follow Floyd Mayweather and Mike Tyson in this brand new, action-packed slot from ELK Studios. Knockout Diamonds features free spins, plus a Knockout Spins feature which is triggered by a strong uppercut.  Voodoo Magic – Pragmatic Play  Halloween is pretty far away, but that doesn’t mean iGaming studios are...

Bitcoin Chaser - January 8, 2021 Bitcoin peaked above $40,000 on Thursday, as it continues its rally – having climbed more than 700% from March 2020.  Increased demand from retail, institutional and corporate investors has contributed to the surge we’ve seen from the OG cryptocurrency so far this year. New investors flooding the market have been attracted by the coins position as an alternative to the floundering financial markets, and the quick gains made apparent by its sudden rise.  Bitcoin climbed as high as $40,402.46 on the 7th of January – having initially crossed the $20,000 barrier for the first time on December 16th, 2020. Bitcoin peaked above $3...

Bitcoin Chaser - January 8, 2021 2021 is off to a great start with new releases from BitStarz casino and Hacksaw Gaming! Mystery Motel is a 5-reel slot, which takes inspiration from spooky motels out of movies like The Shining, Psycho, and Hostel. With a 250,000 EUR max prize and all of the creature comforts you’d expect from a motel slot, Mystery Motel is ideal for players looking for a bit of fun.  Mystery Motel features a RTP rate of 96.30% and high volatility. The max win is 250,000 EUR, and the multiplier can reach a whopping 10,000x your stake.  An old Cadillac with an octopus behind the wheel triggers a bonus wheel filled with prizes. Spin the wheel...

As we move through the final month of the year, several cryptocurrency projects are moving ahead with continued development. Nevertheless, this week’s selection is topped by Bitcoin, which ended Week 51 with an amazing ATH price of above $24,000. 1. Bitcoin (BTC) Although we believe Bitcoin does not need much introduction and that all eyes would be on it even if it were not featured on our list, here is a short summary of the history and key characteristics of the first truly decentralized digital currency. The world’s pioneer cryptocurrency was launched by pseudonymous figure named Satoshi Nakamoto in 2009 and has a capped supply of 21 million coins. The decreasing miner block rewards makes the cryptocurrency scarcer with time, ensuring a deflationary nature. Bitcoin End...

Anton Chashchin, Commercial Director at CEX.IO Loan Decentralised finance or DeFi was already present in 2015 when Maker Foundation launched a decentralised lending platform under the name Maker DAO. But DeFi did not shape up until 2018. In early 2018, Uniswap was already a functioning service, and Compound was launched in 2018. But even then DeFi was not nearly as popular as it became in 2020. Money-lending protocols Maker DAO, being the first decentralised money-lending platform, was the niche leader in 2018 when its MKR governance token reached over $1 billion in market capitalisation on 20th January 2018. But then it dropped quickly, being driven down by the global downfall of the cryptocurrency market. Later, Compound rose to prominence and took the lead over decentralised...

Hong Kong, Hong Kong, 24th December, 2020, // ChainWire // The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features. As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.  “NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its...