CRYPTOGALACTIC

2023-06-01 18:26:04 Mercedes-Benz's Web3 Arm Teams Up with Fingerprints DAO to Create New NFT Collection

Mercedes-Benz NXT, the automaker's digital innovation arm, recently announced its entry into the non-fungible token (NFT) market with the launch of its first "Machine" collection. The collection was created in collaboration with renowned artist Harm van den Dorpel and the digital art community Fingerprints DAO.

"Machine" explores the themes of movement, speed and perception through generative art, offering a unique take on concepts. The opportunity to purchase NFTs will open at the Dutch auction on June 7th. It will feature 1000 unique items (Ethereum-based tokens).

On its Twitter, the company announced that it plans to release three main collections planned, designed and managed by creative studio 0xNXT. The collections will include official Mercedes-Benz digital objects and explore the brand's design heritage. Open / Comment

2023-05-31 16:59:18 ICP

To be honest, this chart looks really bad at the moment.

As you can see, there is a bearish flag that formed under the descending trend line and horizontal resistance of $4.95.

I would rather SHORT this coin than LONG. Open / Comment

2023-05-30 17:24:36 Popular NFT collections take massive hit in price in 2023

Investments in top NFT projects, such as Doodles, Invisible Friends, Moonbirds and Goblintown, have lost up to 95% of their value in ETH. Open / Comment

2023-05-29 16:24:39 XRP to Exceed All Expectations In 2023?

Ripple's 2023 New Value Report reveals strong and widespread excitement regarding the potential of cryptocurrencies despite regulatory issues between the United States Securities and Exchange Commission (SEC) and many crypto firms, including Ripple.

The report noted that more than 70% of global finance leaders emphasized an increase in their confidence in the crypto industry over the past six months.
What are the factors fueling the positive outlook on the crypto industry, including trends, technologies, and use cases?

In addition, we’ll be looking at Launchpad XYZ, the first crypto portal for Web3 enables seamless onboarding for everyone.
The world of cryptocurrencies continues to evolve and shape various industries, with businesses and investors constantly seeking insights into emerging trends.

Despite facing challenges in 2022 and a somewhat turbulent start to 2023, this year's report reveals a prevailing sense of excitement regarding the future of crypto and digital assets. Open / Comment

2023-05-28 17:08:46 Thailand's Cryptocurrency Market to Flourish with Binance and Gulf Innova Collaboration. Open / Comment

2023-05-27 14:32:08 ETH chart is straightforward imo. Deviation above $1824, then dump lower.

$1700 is a legit target for now, hopefully the price will reverse there. If not, red level is a line on sand: nothing good below it! Open / Comment

2023-05-26 16:26:10 Cardano's TVL Hits Record 446 Million ADA

Cardano, a blockchain platform known for its innovative approach and peer-reviewed scientific research, has recently hit a significant milestone. The Total Value Locked (TVL) in Cardano’s DeFi ecosystem has soared to over 446 million ADA, marking a new all-time high, according to data from DeFiLlama. This surge in TVL is a testament to the growing popularity and trust in Cardano’s ecosystem as more protocols come online.

The rapid expansion of decentralized finance (DeFi) protocols on Cardano has significantly contributed to this growth. These protocols enable users to engage in various financial activities, including lending, borrowing, and yield farming, all while maintaining control over their funds. Cardano’s scalable and secure infrastructure has attracted numerous DeFi projects, enhancing the platform’s ecosystem and amplifying its TVL. Minswap, for instance, continues to lead the TVL on Cardano with a 35.96% dominance, as reported by the TapTools team.

The recent increase in Cardano’s TVL can also be attributed to individuals seeking refuge from the traditional banking system and centralized exchanges. Growing concerns over privacy, security, and control have driven many users towards decentralized alternatives, and Cardano has emerged as a compelling choice. Open / Comment

2023-05-25 15:34:01 Apple’s new headset could put a rocket under metaverse tokens

Apple is scheduled to release its highly-anticipated mixed-reality headset in the coming weeks, a development that some believe could breathe fresh life into the metaverse industry. This trend was pointed out in a May 15 tweet from independent developer Udi Wertheimer, who in a backhanded comment to the absurdity of influencer-driven memecoins, spoke of the upcoming release as a potential driver of metaverse token prices.

Decentraland is still in the process of building out its VR capabilities and The Sandbox previously told Cointelegraph it has “no immediate or future plans” to build out VR. Speaking to this point, Gilbert, like many others notes that a fully immersive metaverse experience is probably still a “long way off” especially when looking at the gap between the initial launch of the iPhone and the availability of apps. Open / Comment

2023-05-24 13:54:28 ETH UPDATE

Ethereum started looking better, but it is still early to go LONG there.

As you can see, the price broke through the $1840 resistance and taking hold there. However, this level is not that strong.

The key resistance still remains at the $1920 level and going LONG/buying makes sense only AFTER the breakout of one. Open / Comment

2023-05-24 01:22:52 Mine Bitcoin with your phone!

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