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The latest Messages 10
2022-12-29 14:31:00
ETH - Deflationary tokenomics at play, EIP1559 effect. Demand for ETH is expected to rise in long term and so is the ETH Price.
183 views11:31
2022-12-29 13:37:35
Fidelity Investments, one of the major financial firms in the world, has recently filed for three US trademark applications to provide crypto trading services in the metaverse, including a nonfungible tokens (NFT) marketplace and financial investment.
181 views10:37
2022-12-28 14:30:51
Ethereum processed 30million plus transactions in Dec 2022, out of which 47% was processed by polygon.
201 views11:30
2022-12-28 12:30:08
Logan Paul and Stephen ‘Coffeezilla’ Findeisen continue to lock horns over the latter’s investigative series into CryptoZoo, a NFT project backed by the YouTube sensation and labeled a “scam”. Paul has revealed he invited Coffee onto his podcast IMPULSIVE to clear the air, but the investigator won’t budge unless it’s on his terms.
215 views09:30
2022-12-27 15:30:59
Long positions are building up for Bitcoin as per the funding rates data.
212 views12:30
2022-12-27 14:20:21
What is NFT wash trading?
NFT wash trading is a type of scam. Wash trading is a misleading act to drive up the price of NFTs by the buyer and seller. The buyer and seller can sell the piece back and forth to drive up the cost, but only publicly report the first sale. In the next exchange, the money and NFT are returned to the original seller at the same time. Most of the time, the buyer and seller are the same bad actor.
When the asset is sold, it goes to a new cryptocurrency wallet that the original owner also controls. NFTs are easy to link with the trading platform because users simply connect their wallets -- sometimes without needing to identify themselves.
The price of NFTs then increases because future buyers feel it is in demand with all the sales. Cryptocurrency is valued the same way -- by demand.
Blockchain analysis is one way to check the sale of NFTs to look for those that are self-financed for wash trading.
202 views11:20
2022-12-26 19:09:47
Reserve risk for Bitcoin is in the green zone.
What does this mean as an investor and as a trader?
Read to know more
We sure HOPE you were waiting for the weekly #market #summary so here it is
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231 views16:09
2022-12-26 18:10:12
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218 views15:10
2022-12-26 14:30:19
Active addresses and number of transactions per day have increased on Bitcoin network which means more demand for Bitcoin to transact on the chain. Bitcoin price is expected to rise.
211 views11:30
2022-12-26 12:30:26
The International Chess Federation (FIDE), the sport’s governing body, announced it is partnering with the Avalanche blockchain to bring its competitions into Web3. They will be publishing tournament data and player rankings on-chain, as well as AVAX-hosted tournament prize pools.
210 views09:30