⚡️ ALTUS.FINANCE ⚡️

2021-08-13 13:01:13 In Case You Missed It

Sushi Swap is building an NFT trading platform with the intention of taking market share away from Open Sea. IF they get it right then it could make for an interesting catalyst for the Sushi asset.

EIP 1559 went live on Ethereum, it is currently burning around 6 to 7,000 ETH a day!

Axie Infinity has become the first crypto game to hit a billion in sales.

Polychain Monsters (formerly Polkamon), has launching a play to earn game.

Terra’s wormhole has arrived, a cross chain protocol for connecting Terra to Solana, BSC, and Ethereum.

Legends of Crypto is releasing an NFT marketplace.

Meme stock company AMC has announced they will start accepting Bitcoin payments at the movies.

Unilend is launching on the Binance Smart Chain.

Star Atlas has launched its Galactic Market Place.

Mist has launched its 3D virtual market place.

Dao Maker is moving into the equity funding market.

Moonbeam has integrated with Covalent.

Equalizer Finance testnet is out.

Blind Boxes is launching on the Polygon Network.

Chainlink has announced the Cross Chain Interoperability Protocol.

Marvel is releasing Spider Man NFTs.

Injective Labs has announced a major rebrand which significantly increases the scope of their protocol. They also announced the launch Bitcoin perpetual contracts.

Aave is exploring integrations with Solana and Avalanche as well as layer 2 solutions. Open / Comment

2021-08-12 16:21:01 Binance Futures
#ETH/USDT Take-Profit target 1
Profit: 188.6792%
Period: 6 Hours 55 Minutes Open / Comment

2021-08-12 16:20:46 Binance Futures
#SOL/USDT Take-Profit target 2
Profit: 59.5238%
Period: 7 Hours 3 Minutes Open / Comment

2021-08-12 16:20:46 Binance Futures
#SOL/USDT Take-Profit target 1
Profit: 47.619%
Period: 6 Hours 57 Minutes Open / Comment

2021-08-10 13:16:02 NEWS ZAP

Ethereum Burn Rate Could Destroy $5 Billion Per Year


It has now been almost a week since the Ethereum London upgrade launched and over 20,000 ETH have been destroyed, giving analysts an estimation of a yearly burn rate.

Anywhere between 25% and 75% of the base fee is now being destroyed in an ongoing process that may turn the Ethereum ecosystem into a deflationary form of “ultrasound money” once proof-of-stake is rolled out.

The top Ethereum-based platform for burning fees at the moment is the OpenSea NFT marketplace, which has burned 735 ETH, or $2.3 million. Uniswap v2 is next with 348 ETH burnt and another NFT platform, Axie Infinity, has removed 318 ETH or almost $1 million in transaction fees.

Aside from using ETH for trading, decentralized finance (DeFi), or non-fungible token (NFT) minting, a large chunk has already be staked on the Beacon Chain. These tokens are locked away and immovable until “the merge” joins ETH 1.0 with the proof-of-stake blockchain sometime i Open / Comment

2021-08-09 18:45:40 $BTC is up 50% on the year. $GOLD is down 11%. Math doesn't lie, the media does. Open / Comment

2021-08-08 19:07:28 Open / Comment

2021-08-08 19:07:26 NEWS ZAP

$130 Million in Shorts Liquidated as Bitcoin (BTC) Is Back Above $45,000


Bitcoin (BTC) expands its impressive growth, printing an almost 54% upsurge since the local bottom registered on July 20, 2021.

Bitcoiners (BTC) lost $214 million, while bears are responsible for more than 60 percent of this massive number. A total of $129,890,000 in Bitcoin (BTC) short positions were liquidated across multiple derivatives exchanges.

The futures modules of Bybit, OKEx, Binance and Huobi witnessed more than two-thirds of this massive volume. Open / Comment

2021-08-06 17:00:04 Open / Comment

2021-08-06 17:00:04 NEWS ZAP

Xiaomi Starts Accepting Bitcoin, Ethereum and Other Cryptocurrencies in Portugal


While Amazon recently shut down rumors about accepting cryptocurrencies, Xiaomi picked up the slack. Mi Store Portugal, the official retailer of the Chinese tech behemoth, recently moved to enable cryptocurrency payments.

It is now possible to buy smartphones, vacuum cleaners, smartwatches, electric scooters and other Xiaomi devices with Bitcoin, Ethereum, Tether and Dash.

It is not surprising that Xiaomi has picked Portugal as a testbed for digital asset payments given that it is considered to be the most crypto-friendly nation in Europe because of its tax policy. Samsung, the leader in the smartphone market, debuted a blockchain wallet in early 2019, but its stores are yet to embrace crypto. Open / Comment