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ERTHA Got Sold Out on GameFi and Seedify In Just A Few Seconds

By
Christian Allen Tandoc
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Seedify and Gamefi are the main blockchain gaming launchpads. ERTHA is thrilled to have launched there and sold out the community pools in 53 and 32 seconds, respectively.

To elaborate, the ERTHA metaverse is a Heroes of Might and Magic-inspired economic and social life built on the Binance Smart Chain. Users can explore and examine the world by specializing and strengthening their nonfungible token (NFT) and country.

ERTHA’s globe is made up of 350,000 HEX land parcels, which are represented as NFTs. As a landowner, you will get revenue for every transaction in the native token ERTHA if you own a HEX land plot.

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The game is intended to simulate a real-life scenario by replicating people’s behaviors to earn a living.

Ertha’s world is a complex and carefully structured play space suitable for the formation of new governments, economies, and uneasy alliances among its player population. To stay one step ahead of the competition, players must balance their production, trade, and finance budgets.

Ertha is a once-in-a-lifetime chance for people interested in Metaverses and Play-to-Earn gaming. The following are the launchpads’ detailed results:

Seedify: December 19, 2021

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Seedify, a well-established incubator and launchpad for blockchain gaming platforms and players provides its community with early access to the tokens of high-potential businesses before they are launched on crypto exchanges.

Seedify IGO’s Community Pool on December 19 sold out in 53 seconds.

Seedify IGO received $300,000 in funding.

GameFi: December 20, 2021

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The site, which serves as a comprehensive hub for game financing, is geared for blockchain players, investors, and traders and includes a launchpad dedicated entirely to presenting new games.

The Gamefi IGO (December 20) Community Pool sold out 32 seconds.

The Gamefi IGO raised $250,000.

Red Kite: December 21, 2021.

Red Kite, an exciting launchpad and decentralized finance (DeFi) platform powered by PolkaFoundry, aims to provide a one-of-a-kind, smooth token sale experience.

The Redkite IGO is slated for December 21.

$250k will be raised.

Notably, ERTHA NFT Land sales are gaining traction. This is a great time to purchase your revenue-generating property.

JPMorgan Providing Help To Siemens With Blockchain Transactions

By
Christian Allen Tandoc
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0
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J.P. Morgan, the American banking behemoth, has partnered with Siemens, the German engineering technology business, to create a Blockchain-based new remittance system for the latter. The company requires an infrastructure that can handle a rising volume of transactions, and blockchain proved to be the ideal answer.

According to the Financial Times, Siemens collaborated with J.P. Morgan to increase the automation of its payment system, becoming the bank’s first anchor client of Onyx, Siemens’ blockchain unit. This will enable the German corporation to do financial transactions in US dollars within its accounts, which they both hailed as a first-of-its-kind application. There are plans to incorporate the ability to pay in euros by 2022.

This payment infrastructure was created to automate the recording and verification of transactions. The capabilities of digital technology vastly outstrip those of analog ones. During an interview with the Financial Times, Heiko Nix, the German industrial firm’s head of cash management and payments, stated:

If the business would stay the same as it is today, I would say we are fine regarding our treasury set-up. We can automate a bit and maybe we reduce costs and cash allocation … This is not the reason why we are doing this. The reason is that we are seeing a huge change due to the emerging digital business models, because we will no longer be able to forecast cash, for example.

Onyx’s worldwide head of coin systems, Naveen Mallela, added that the technology enables automatic transitions such as direct debits and standing orders to advance beyond present norms. “You want more flexible rules or triggers, and that’s where the current infrastructure falls short,” Mallela explained.

This statement recognizes the current tendency among banking titans and big institutions to use blockchain technology due to the significant developments and benefits for day-to-day operations, payment rails, and the cross-border payment settlement process.

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J.P. Morgan claims that several clients are eager to test their blockchain-based system, but Siemens will be the first to do so.

Some banks that have acknowledged implementing blockchain technology this year include Citi, Wells Fargo, US Bancorp, PNC, Fifth Third Bank, and Signature Bank. Wells Fargo and HSBC, for example, recently announced the use of Core-FX distributed ledger technology for cross-border settlement of transactions, including the US currency, Canadian dollar, British pound sterling, and Euro.

This trend is projected to accelerate since it represents a rapid evolution of payment infrastructure, and businesses will not want to be left behind.

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Actress Gwyneth Paltrow Giving Away $500k Worth Of Bitcoin For Christmas

By
Christian Allen Tandoc
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Gwyneth Paltrow, the Academy Award-winning actress, will celebrate the holidays with Bitcoin. Paltrow announced a partnership with Cash App, the platform owned by the formerly known business Square renamed Block, which allows U.S. customers to acquire BTC and send it to friends and family via her official Twitter account.

Paltrow believes she wants to help make Bitcoin more accessible to the general public. As a result, her collaboration with Cash App will strive to “democratize” people’s participation in the Bitcoin market.

The actress recognized for her roles in Iron Man and other MCU Universe episodes will present $500,000 worth of Bitcoin or approximately 10 BTC for the holidays. Users must follow Cash App’s Twitter handle and post their cashtag with a comment to win the prize.

People can also participate in the sweepstakes by submitting their cashtag to Instagram. The prize will be divided among numerous winners and distributed via the App. According to Paltrow’s release, the offer will end on January 14th.

Cash App has launched a gifting option that allows users to donate Bitcoin and equity to anybody they know. The sender does not need to hold funds in BTC or equities to receive the gift, and it is “as simple as transferring cash.”

In an interview with Elle magazine, Paltrow said that she first learned about Bitcoin and cryptocurrency from an Apple TV show. The actress saw a dearth of female participation in the profession and decided to organize a “tutorial call.”

Paltrow has gained an understanding of Bitcoin, blockchain technology, and platforms based on it, as well as “various tokens and NFTs” as a result of these discussions. As a result, the actress became an investor in Terawulf, a BTC mining company with a “sustainable” strategy. Gwyneth Paltrow told the magazine:

(I’ve been) getting really interested in the space in a lot of ways and trying to bring everybody (in), but (mainly) women to the table as well, because when I started to talk about it with my women friends, they didn’t feel empowered to ask the questions or understand. We’re all learning at the same time, essentially.

Paltrow stressed her desire to reach out to her female followers when discussing her campaign with Cash App to make Bitcoin more “accessible” and to underscore that individuals do not need technical skills to hold BTC. The actress believes that after people become acquainted with the platform, they will be able to enter the crypto market. She then added the following:

I’m really working to bring more women, not only into the conversation, but onto cap tables of these Web3 companies. I think it’s such a good way to create that cultural conversation around “what do I do with Bitcoin?” and I’m hoping that it will start deeper conversation.

Paltrow may consider creating a DAO for her fans in the future, but she maintains she is merely “thinking” about it for the time being. Furthermore, the Academy Award winner hinted at the idea of creating a store in the Metaverse, albeit she did not specify a project. She ended by saying:

I cannot envision a future without cryptocurrency. It doesn’t mean that you have to invest in anything personally. It’s nice if you get some; if you win, you get a little bit of free Bitcoin to play with, but we should all be literate.

As of press time, BTC is trading around $47,100, following a day of sluggish movement.

Elektra is Mexico’s first retail store to accept Bitcoin

By
Christian Allen Tandoc
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0
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Bitcoin acceptance is increasing, and as the demand for BTC payments grows, more and more brands are hopping on board. Elektra, a well-known Mexican retail brand owned by billionaire Ricardo Salinas Pliego, is the first to accept bitcoin payments. The retail and banking chain owner turned to Twitter to corroborate the prevailing rumors.

Elektra does accept. Bitcoin Supermarket Network Elektra has confirmed that bitcoin payments are now accepted for all items. This payment option will be available online and at all of the chain’s physical locations. Customers will be able to check out using the bitcoin and cryptocurrency payment service Bitpay, which will process all payments on the chain’s behalf.

Ricardo Salinas Pliego, a billionaire, verified the merger on Twitter, writing, “The allegations are genuine. Elektra is Mexico’s first (retail) store that accepts bitcoin payments. I’m sorry to have defeated the competition yet again.” The retail chain is now the first and only of its sort in Mexico, accepting bitcoin payments for all of its products.

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Elektra is one of Latin America’s major retail and banking chains. Its owner, Ricardo Salinas Pliego, Mexico’s third-richest man, is an outspoken bitcoin proponent. The billionaire has repeatedly expressed his support for Bitcoin and pushed people to invest in digital assets. Salinas himself admitted at one time that he had 10% of his wealth in cryptocurrencies.

To promote the new BTC payments, the grocery chain offers a 20% discount to all customers who pay with bitcoin on certain products. The offer will be available during the month of December and will end on December 31st.

Bitcoin’s popularity as a means of payment for products and services has grown in recent years. Not only bitcoin, but crypto payments in general, are on the rise.

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Konzum, Croatia’s largest supermarket chain, revealed earlier this month that consumers may now pay for items with bitcoin. Although customers could only pay using the cryptocurrency online at the time, the grocery chain declared that it was striving to make BTC purchases accessible in its real locations.

Litecoin’s price skyrocketed earlier this year as reports spread that retail behemoth Walmart will begin accepting cryptocurrency payments. The chain eventually disputed the claims, but the market reaction indicated that users were ready for the titans to begin accepting crypto payments.

Crypto ‘Fear & Greed’ Index Is the Latest Talisman for Bitcoin Supporters

By
Christian Allen Tandoc
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0
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A group of tenacious Bitcoin investors will not be deterred by Saturday’s 21% drop in a matter of hours.

They’re now promoting a “Fear & Greed” index on Twitter and other social media platforms to back up their assertion that the current price dip is a perfect time to jump on the Bitcoin bandwagon.

Fear-Greed measures in traditional markets are a metric of investor attitude based on elements such as volatility, momentum, and demand. The crypto version, produced by alternative.me, attempts to determine whether traders are too bullish (represented by Greed) or bearish (represented by Fear) and takes into account a variety of other elements like social media trends and Google search phrases.

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The index is currently at 25 on a scale of 0 (“Extreme Fear”) to 100 (“Extreme Greed”). Bitcoin was under 80 when it reached a record high of nearly $69,000 last month. At 1:14 p.m. in New York on Tuesday, the largest cryptocurrency was trading at around $51,000.

According to Troy Wiipongwii of William & Mary University’s blockchain research lab, the index, as well as a significantly lower Bitcoin price, indicate that the market is oversold and that prices are about to rebound and go to “the moon.”

Images of the index are going viral on Twitter, with some calling it “sexy” and replacing the word “fear” in the graphic with “purchase.”

Ali Yilmaz is one of the investors who is keeping an eye on the index. The 32-year-old university instructor from Bolu, Turkey, said he plans to add some altcoins to his 10,000 euro ($11,249) portfolio, including Bitcoin, Ethereum, and Ripple.

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“Because there is so little information about cryptocurrencies, this ‘Fear and Greed’ index is vital to gain a sense of market sentiment,” he explained, “I buy the fear and sell the greed.”

Bitcoin advocates have previously used a variety of justifications to explain why price declines in Bitcoin are completely natural, such as comparing it to prior bull runs or claiming volatility is in the digital currency’s DNA.

While experts believe the index is a good market sentiment indicator, it has some drawbacks. “Ultimately, no indicator or index can predict market moves perfectly,” Wiipongwii remarked.

Bitcoin Fear and Greed Index: What Is It And Factors

By
Christian Allen Tandoc
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0
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Despite its extreme volatility and related hazards, Bitcoin remains the most popular cryptocurrency. Its value has risen dramatically this year, reaching over $68,000 in November. There are some useful tools that might assist you in determining the direction in which Bitcoin values are moving. The Bitcoin Fear and Greed Index is one of these instruments. It is based on the two most prominent emotions among investors: fear and greed.

The Factors Affecting the Bitcoin Fear and Greed Index

To assess the success of Bitcoin, this index considers many elements like volatility, social media trends, and market momentum. A scale of 0 to 100 tells us if present investors are very greedy or overly scared.

On this scale, 0 and 100 reflect the extremes of fear and greed, respectively. Investor sentiment is neutral at number 50, indicating that they are neither overly afraid nor greedy. The index is now at 25. When the price of bitcoin skyrocketed last month, the index nearly reached 80. (close to extreme greed).

People react differently to changing market trends in the cryptocurrency market. When they realize that the market is increasing, they frequently become greedy. When people see red numbers, they overreact and begin selling their currency.

According to certain market gurus, strong purchasing chances arise when the bitcoin fear and greed index value falls, indicating that investors are growing fearful. They believe that when investors get greedy, buying chances diminish.

Five criteria are used to assess investor sentiment. These elements are…

Volatility

Analysts measure the current volatility figure. They compare it to figures from the previous 30 and 90 days. If the present volatility is high, it indicates that investors are concerned.

Market Momentum

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Market momentum and current buying volume are tracked similarly to volatility. They are compared to the average values of the previous 30 and 90 days. If there is a high buying volume on a daily basis, it indicates that investors are currently more greedy.

The Internet of Things

All crypto-related Twitter posts are collated and counted under this metric. Each post’s hashtags are examined. The experts then examine how many interactions occurred on these posts over a specific time period. People are currently more interested in cryptocurrencies, as seen by increased interactions. It usually indicates that the investors are greedy. For the time being, the index relies solely on Twitter posts. It may soon include a Reddit Sentiment Analysis (for more information).

Trends

Bitcoin-related search results are analyzed. Their volume, popularity, and trend change are all observed. Based on popular search searches, many interpretations are created.

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Dominance

Dominance denotes Bitcoin’s market cap share compared to the entire crypto market. If there is a lot of dominance, it suggests that investors are scared and aren’t investing in hazardous alt-coins. In contrast, when dominance dwindles, investors get more greedy and begin to invest in alt-coins as well.

Strawpoll.com, a popular public polling platform, also conducts weekly polls. These polls are used to analyze crypto investors’ views and current feelings. These cryptocurrency votes, however, have been halted.

Although the Bitcoin fear and greed index is still in its early stages, it can assist investors in predicting market movement to some extent.

How To Use Technical Analysis For Trading Cryptocurrencies

By
PVP Team
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0
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As the disruptive technology of blockchain continues its rapid rise, many are left wondering if this is a bubble or the future. The truth is while nobody knows for sure, history tells us that new technologies and investment vehicles always bring with them opportunities.

According to Nachgefragt.net, cryptocurrencies are no different, and those who take the time to learn about how to use technical analysis for cryptocurrency trading can find success. Check out these technical analysis tools you can use to trade crypto.

Bollinger Bands

Bollinger bands assist with finding the relative lows and highs in changing markets. The indicator consists of a lower and upper band and a moving average (MA) line.

A pair of Bollinger bands is located below the MA and above two standard deviations, generally for 20 periods. If using the 20 periods, 95% of the overall variation will be contained within the range defined by the two bands.

When a stock approaches the top Bollinger band, it is considered to be overbought, and when it gets to the bottom band, it is considered to be oversold.

When assets fluctuate between the upper and lower bands, this indicates high volatility in the market. Conversely, if the bands are squeezed, then there is low volatility, and this time you can use the range trading method to profit from your trades.

Ichimoku Cloud

The Ichimoku cloud is a handy technical analysis tool for determining support and resistance levels and the trend’s direction. The indicator appears to be complicated and perplexing, but it’s straightforward and quite helpful.

Ichimoku cloud has five vital lines:

  • Tenkan-sen: Indicates the average price shown for the first period, the sum of maximum and minimum values divided by a half.
  • Senkou Span A indicates that the value of the second time interval is inserted into the center of the distance between the preceding lines and is moved forward by the value of two.
  • Senkou Span B: The value of the second time interval is shifted forward by the average price value for the third period.
  • Kijun-sen: indicates the average price for the second time phase.
  • Chinkou Span: indicates the closing price of the current candle, shifted backward by the figures from the second time interval.

The Ichimoku cloud separates the Senkou lines. When the price is between these lines, the market is categorized as non-trendy. The support and resistance levels are formed where the cloud edges meet. This technical analysis is an excellent case for spot or margin trading. You may trade both long and short in the cloud, but keep in mind that stop orders must be used.

Moving Average Convergence Divergence (MACD)

Moving Average Convergence Divergence (MACD) is a trend-following indicator that examines the interaction of two moving averages:

  • A long-term EMA
  • A short-term EMA

To calculate the MACD, subtract the 26-period exponential moving average (EMA) from the 12-period EMA. The MACD line is the result of that calculation. However, you don’t have to do all these; the indicator does it for you. All you do is enter the figures according to what you are after.

The final result is a line that you can use to indicate the current trend, and it will also alert you in case there is a change in momentum.

Here is how you can interpret the MACD results:

  • The momentum is bullish/buy if the MACD line is above the trend line (signal line).
  • In opposites, if the MACD line is below the trend line or signal line, the price is likely to follow a downtrend, which is bearish/sell.
  • A convergence indicates a possible trend reversal, and when there is a divergence, it indicates a possibility of the current trend gaining momentum or strengthening.
  • If the line crosses each other, the momentum change is probably verified.

Now you understand a few technical analysis tools you can use to trade crypto; however, like any other investment, it is essential to understand the basics of technical analysis to make informed decisions when trading cryptocurrencies.

Bitcoin Now More Valuable Than The US Dollar In Cuba

By
Christian Allen Tandoc
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0
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For the first time in Cuban history, the US dollar (USD) has lost value to Bitcoin, which exists exclusively on the internet without the support of an army. The cryptocurrency has been trading at a premium to the US dollar in cash.

The historic shift in currency values extends to the main cryptocurrencies, Bitcoin, Ethereum, and stablecoin Tether, a digital currency pegged to the US dollar, as reported by Alex Gladstein, Chief Strategy Officer for the Human Rights Foundation, and Enrique Yecier, a Cuban citizen, via their Twitter accounts.

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Due to political tensions between the United States and Cuba, the island has been shut off from the world financial system and its payment railroads. Simultaneously, the North American country has had one of the largest migrations of Cuban people.

This has resulted in a situation in which many Cubans rely on remittances sent by their families overseas, but the national mechanisms for receiving or sending a US dollar transaction always have an impact on the individual. As a result, crypto payments with Bitcoin and other coins are possible without the involvement of a third party and are more efficient in terms of fees and time.

Furthermore, Cubans employ digital assets to shield themselves from inflation and currency depreciation. As a result, local reports indicate that companies and merchants have begun to accept Bitcoin and other cryptocurrencies as payment methods.

Enrique Yecier, the Cuban citizen who made the viral report about the value of Bitcoin surpassing the US dollar on the island, asserted the following about this historical phenomenon:

Complaining that in Cuba a dollar in crypto has surpassed the value of 1 dollar in cash, is like complaining that Bitcoin today costs more than 46 thousand dollars when a year ago it cost 23 thousand. If there is someone doing things wrong, it is not BTC.

Cuba appears to be gradually but steadily increasing its Bitcoin and cryptocurrency acceptance. According to AFP, the national government awarded merchants a license to operate digital assets in August.

According to the report provided by the Central Bank of Cuba, the measures come within rule 215. The new guidelines, which have been in effect since September 15th, aim to govern the usage of cryptocurrencies in business transactions.

According to Chainalysis’ 2021 research, the country is still distant from having a relevant position in terms of adoption. The top ten countries with the most Bitcoin and cryptocurrency adoption all have one thing in common: most are dealing with a high inflationary economy or a military war, like Argentina, Ukraine, Venezuela, Afghanistan, and others indicate.

Bitcoin, according to Yecer, is not the most valuable digital asset on the tropical island. This position belongs to TRX (about $0,081162), which can sell for as much as 8 CUP per token, whereas a reasonable price should be around 6.15 CUP, according to the Cuban citizen. As a result of the premium, it appears that many Cubans begin their crypto trip on the TRON environment.

Bitcoin (BTC) was trading at $46,797 as press time, with a sideways change in the previous 24 hours.

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BitStamp Reveals Shiba Inu Listing After Setback

By
Christian Allen Tandoc
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0
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Bitstamp, a cryptocurrency exchange, has confirmed that it would list the meme coin Shiba Inu. The exchange initially indicated that SHIB would be listed on December 9th, but this was called off after Bitstamp stated that they were experiencing technical difficulties listing the digital asset. Following the concerns, the listing of the meme coin was postponed indefinitely.

Shiba Inu’s integration onto the Bitstamp platform was halted after the exchange encountered technical difficulties bringing the meme coin on board. As a result, the platform’s listing of the token was halted. The listing, which the community had eagerly awaited, had been put on indefinite hold due to the challenges that the exchange has been attempting to resolve.

Bitstamp informed the community on December 9th, when the coin was intended to go live that they were having difficulties bringing the cryptocurrency onto their platform. In a tweet, the crypto exchange mentioned “technical issues” that would delay the listing of the meme coin.

https://twitter.com/Bitstamp/status/1468955881647661056?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1468955881647661056%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbitcoinist.com%2Fbitstamp-confirms-shiba-inu-listing-after-setback%2F

The listing on Bitstamp would have placed the meme coin on Europe’s largest crypto exchange. Shiba Inu had already made its way through all of the top ten cryptocurrency exchanges and was making its way down the list.

Shiba Inu price chart from TradingView.com

Bitstamp took to Twitter once more to reassure the Shiba Inu community that the digital asset was still listed. It has been a week after the first scheduled listing date, and SHIB has failed to debut on the marketplace. So Bitstamp addressed the community, assuring them that the Shiba Inu listing would still go forward and that this was merely a momentary hiccup.

https://twitter.com/Bitstamp/status/1471117194717188098?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1471117194717188098%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fbitcoinist.com%2Fbitstamp-confirms-shiba-inu-listing-after-setback%2F

On the other hand, Shiba Inu will no longer be available at Europe’s largest cryptocurrency exchange in 2021. The exchange noted in the tweet that while the altcoin will still be listed, it will not be in 2022.

The meme coin’s adoption rate has already risen in 2021, waiting for 2022 to list on Bitstamp does not detract from the idea. It is, without a doubt, the breakout star of 2021, which has created a slew of crypto billionaires in its wake.

Steph Curry Announces Partnership With The Sandbox and Decentraland

By
Christian Allen Tandoc
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0
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Stephen Curry, the NBA star, has apparently teamed up with two of the largest on-chain metaverse projects for what appears to be an NFT drop.

Initial statements on the Decentraland and The Sandbox Twitter accounts were purposefully brief, merely saying that basketball legend Stephen Curry will release “something good.” The notice did, however, imply that there would be a charity event with the purpose of “spreading the joy of athletics to every child.”

https://twitter.com/StephenCurry30/status/1471938316127768578?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1471938316127768578%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcryptocoin.news%2Fnews%2Fnft-news%2Fstephen-curry-partners-with-decentraland-and-the-sandbox-69246%2F

Meanwhile, Curry, who took on the CryptoApe persona on Twitter, has indicated that he will release an NFT collection collaborating with artists Floyd Norman and Andrea McDonald. The Eat. Learn. Play. Foundation will receive 100% of the revenues.

On Tuesday, Curry surpassed the NBA record for lifetime 3-point shots scored during the Golden State Warriors’ 105-96 triumph over the New York Knicks. He is in his 13th season in the NBA and has spent his whole career with the Warriors.

https://twitter.com/TheSandboxGame/status/1472640400540188677?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1472640400540188677%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcryptocoin.news%2Fnews%2Fnft-news%2Fstephen-curry-partners-with-decentraland-and-the-sandbox-69246%2F

Stephen Curry will issue 2,974 unique NFTs to commemorate the historic achievement, one for each 3-pointer he has made on his journey to the record. The collection will be available on FTX.com today at 8 p.m. EST for $499 USD apiece. It is unclear what role The Sandbox and Decentraland will have in their collaboration with Curry.

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