news Archives - Top Crypto Game

WARNING: CRYPTO COMMUNITY IS IN GRAVE DANGER RIGHT NOW

EllioTrades — Sun, 01 Sep 2024 13:47:17 +0000

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#nft #ethereum #defi #blockchain #crypto #cryptocurrency #bitcoin #btc #eth #news #protocols #sidechain #altcoin #nftmarketplace #opensea #cryptoart #protocol #altcoins #nonfungibletoken #dao #sidechain #layer2 #erc20 #erc-20 #token #coin

DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR

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CRYPTO COINS ARE INSANELY CHEAP RIGHT NOW…

EllioTrades — Sat, 31 Aug 2024 13:36:32 +0000

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Metaverse on blockchain news: two new projects

admin — Fri, 23 Aug 2024 08:42:49 +0000

In this column dedicated to the latest news on the Metaverse Blockchain, two projects emerge. On one hand, the launch of HTC’s no-code platform Viverse Create, dedicated to developers and creators without experience. On the other hand, the collaboration of Wētā Workshop from The Lord of the Rings with the Lamina1 blockchain, to launch a new narrative on the metaverse.

Metaverse on blockchain news: the new no-code platform Viverse Create by HTC

HTC, a technology company from Taiwan, has launched a new experience of world and game creation: “Viverse Create”.

This is a no-code platform that allows all users to create multiplayer experiences within the Viverse metaverse, even for those who are not developers.

“Unleash your creativity with a new way to build and explore virtual spaces. VIVERSE Create is the spatial computing platform for building, exploring, and playing in no-code worlds.”

In practice, the new creations by users developed on Viverse Create can be shared on all HTC devices, such as Virtual Reality (VR) headsets, but also mobile phone, PC, or Mac.

A peculiarity of Viverse Create could precisely be that of bridging the gap between professional developers and those who wish to immerse themselves in the realm of virtual world creation.

Not only that, with Viverse Create, HTC guarantees the simplicity of sharing new experiences created by users, without requiring any installations, but using a single secure link.

Metaverse on blockchain news: Wētā Workshop and Lamina1 and the new project

Another Metaverse project on the blockchain horizon involves Wētā Workshop, known for building the world of The Lord of the Rings films, and Neal Stephenson’s Web3 company Lamina1.

According to what has been reported, the two are working on a new project (still untitled) of interactive storytelling, created directly on Lamina1.

This experience will give rise to a new standard for the development of intellectual property and world-building, through immersive experiences that incorporate the action and contributions of the fans.

In fact, at the moment, fans are invited to uncover the story behind a mysterious set of “Artefatti” that will be based on the themes and the story of Stephenson’s catalog of works.

Immediately after, the superfan will take on the new role of creator, using their discoveries to directly contribute to the expansion of the universe and own a piece of history.

“#Artefact is not just another content release by two well-known creators. The upcoming collaboration between @nealstephenson & @wetaworkshop will be the first showcase of a major multimedia property that will be launched on LAMINA1.”

On one hand, Lamina1 has been working for years on its Web3 platform and blockchain protocol to incubate, distribute, and monetize the next generation of digital content for creators.

On the other hand, Wētā Workshop is a special effects and design company that director Peter Jackson created for the film trilogy of The Lord of the Rings. It has also worked on projects like Blade Runner 2049 and Avatar.

The largest companies in the world by market cap attracted by the metaverse

Apparently, the metaverse continues to attract the operations of the largest companies in the world in terms of market cap, despite many claiming that the sector is in sharp decline. In fact, Apple, Google, Meta, Microsoft, and Nvidia continue to develop new devices for the metaverse.

Among the latest news, there is the one concerning Microsoft which, in partnership with Samsung, should engage in the production of OLED panels that could power a new line of headsets for mixed reality.

On this news, not much is known yet, except that mass production will not start before 2026. In any case, what is possible is that this new device from Microsoft wants to challenge Apple’s Vision Pro headphones and push its applications towards the Meta Quest headset.

Even Google is coming off a new collaboration in the metaverse, with the company Magic Leap, with the aim of offering more immersive experiences and promoting the AR/XR ecosystem. Not surprisingly, Magic Leap has released a head-mounted augmented reality display called Magic Leap One, which overlays computer-generated 3D images onto real-world objects.

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URGENT: HISTORIC TRUMP CRYPTO PUMP JUST STARTED

EllioTrades — Fri, 02 Aug 2024 10:11:15 +0000

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BUY THESE CRYPTO COINS RIGHT NOW TO GET RICH BY THE ELECTION!!

EllioTrades — Thu, 01 Aug 2024 09:58:48 +0000

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Why are your cryptos down today? South Korean Selloff BTC ETH XRP TRX

EllioTrades — Fri, 26 Jul 2024 08:52:48 +0000

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The market has gone through a serious pullback since yesterday, showing that we are certainly not out of the woods of this January recession. What could be causing this huge pullback? We look to South Korea to explain this one!

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DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial advisor. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.

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THE CRYPTO CRASH JUST GOT WORSE (Updated Altcoin + Bitcoin Outlook)

EllioTrades — Sat, 13 Jul 2024 06:55:56 +0000

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FINAL CHANCE FOR BITCOIN BEARS TO END THE BULL MARKET

EllioTrades — Fri, 12 Jul 2024 06:54:49 +0000

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Bitcoin Breakout Confirmed! Best pattern indicate $80K BTC in the next 30 days!

EllioTrades — Wed, 03 Jul 2024 05:40:10 +0000

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Good Morning E.T Fam! Krown aka Master Of The Charts is dropping off some morning gems! Start your morning off right by tuning in as he gives his expert technical analysis on the price movement of Bitcoin. If you want to know where we’re headed in the near future, it is essential that you watch, listen, and learn. Today, he is giving a masterclass on the pattern that will possibly take us to $80k. No one else brings the chart alpha like Krown does. Get your pens and pads ready, because Krown is breaking the charts down.

#cryptocurrency #bitcoin #BTC #crypto

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CRYPTO IS STILL IN A BULL RUN

EllioTrades — Sun, 30 Jun 2024 04:46:22 +0000

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WARNING: BIDEN WANTS YOUR BITCOIN AND CRYPTO

EllioTrades — Wed, 19 Jun 2024 01:41:57 +0000

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the Runes protocol and the decline in activity on Bitcoin

admin — Tue, 18 Jun 2024 10:54:54 +0000

Latest crypto news: Runes, the well-known protocol for generating fungible tokens on Bitcoin based on UTXO and OP_RETURN, has just reached the milestone of 2500 BTC in fees since its launch in April, coinciding with the cryptocurrency’s halving.

These numbers recorded in terms of fees, allow miners to obtain a boost on profits and to reduce the impact of the reduction of the block reward.

In the meantime, however, the latest news talks about the general activity of NFT, BRC-20, and Runes on Bitcoin which is experiencing a sharp decline, enough to trigger an on-chain divergence between the number of active addresses and the number of transactions.

Let’s see everything in detail below.

The Runes protocol generates 2,500 BTC in fees since its launch in April, but activity is decreasing

The latest news from the NFT and Bitcoin market talks about Runes, a famous protocol for the generation of fungible tokens based on unspent transaction outputs (UTXO), which yesterday reached a significant milestone.

Since its launch on April 20, 2024, coinciding with the Bitcoin halving, the Runes have collected more than 2500 BTC in fees, equivalent to over 163 million dollars, marking a period of growth for the decentralized finance sector on the main cryptographic chain.

This milestone is particularly important because it comes at a delicate historical moment for Bitcoin miners, who after the halving of block rewards and the unexciting price action of BTC must face a period of limited earnings.

We indeed remember that after the last halving the block reward dropped from 6.25 BTC to 3.125 BTC.

The advent of Runes, as well as that of NFTs with inscriptions and BRC-20 tokens, have allowed the miners of the network to have an additional income derived from the high fees recorded

In this regard, Nazar Khan, co-founder and chief operating officer of the miner TeraWulf, stated in a recent interview that:

“The Runes have significantly increased transaction fees, so if anything there was an increase in hash price in the first 24 – 30 hours [after the halving]. Since then, we have seen transaction fees decrease, but compared to the average fees of 2023, they are still quite high.”

We emphasize how in just 2 months since its launch, the Runes protocol has managed to establish itself as the dominant standard for the creation and issuance of fungible cryptographic tokens, above other similar standards, significantly outperforming NFTs and BRC-20.

Considering the distribution of transactions on the Bitcoin blockchain, we can observe how from April 20 onwards, transactions related to Runes have skyrocketed, establishing themselves in the first days of existence with a share ranging between 47% and 81%, and then maintaining overall high activity in the following weeks.

In any case, from the Dune chart it is evident how in recent days the activity has dropped drastically, going from 60% in June to the current level of 13.5%.

In this context, the Ordinals transactions with inscriptions for NFT represent just 0.5% of the total network tx, while the BTC-20 account for 3%. The regular BTC transactions make up 83.1% as of June 17, 2024.

Source: https://dune.com/cryptokoryo/runes

NFT, BRC-20 e Runes: the latest news on the decline of active addresses on Bitcoin

In the midst of the recent imposition of the Runes protocol and the subsequent drop in on-chain activity, the latest news from the cryptographic company Glassnode highlight how a strong counterintuitive divergence is forming between the drop in active addresses and the increase in transaction count on the Bitcoin network.

The metric “Bitcoin: Active Address Momentum” is representative of the strong reduction in active addresses on Bitcoin in recent weeks, where the level of 653,000 daily addresses was recently reached: such a low value has not been observed since 2019.

At this moment, the Bitcoin blockchain is experiencing a situation similar to when China imposed restrictions on Bitcoin mining in mid-2021, seeing a strong decline in network activity, although driven by completely different current drivers.

In fact, at the center of the issue today we do not find stringent regulations, but rather everything that revolves around the Inscriptions NFT, BRC-20, and Runes sector.

Despite the active address metric in free fall, the daily transaction count is instead recording new all-time highs, forming a divergence with the previously analyzed declining trend.

The quantity of transactions processed by the network amounts to about 617,000 tx/day, which is 31% higher than the annual average and indicates a relatively high demand for the space of Bitcoin blocks.

If we compare the recent decline in active addresses with the share of transactions attributed to inscriptions and BRC-20 tokens, we can notice a strong correlation.

In all this, however, transactions resulting from inscriptions NFT are collapsing from mid-April onwards, since they have been replaced by the advent of Runes (which in turn are also in a strong crisis in recent days).

This suggests that the initial driver of the decline in address activity is largely due to the reduction in registration and use of Ordinals, and subsequently to a drop in enthusiasm for Runes.

It is important to remember that many wallets and protocols within this sector reuse addresses, which are not counted twice if the address is active more than once in a daily period. Therefore, if a single address generates ten transactions in a day, it would appear as one active address, but ten transactions.

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WARNING: 2021 CRYPTO BULL RUN IS REPEATING (Altcoins will 100X)

EllioTrades — Mon, 27 May 2024 21:45:13 +0000

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URGENT: BUY CRYPTO RIGHT NOW OR REMAIN POOR FOREVER! ONLY BUY THESE COINS ALTCOINS!!

EllioTrades — Sun, 26 May 2024 21:37:54 +0000

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WANT MASSIVE GAINS? This Altcoin is Ready to PUMP!

Altcoin Buzz — Sun, 26 May 2024 10:47:17 +0000

We take a look at DASH #cryptocurrency. We do a price analysis for it, looking for good levels to buy. We look at recent #DASH news. We take a look at on-chain metrics for DASH which show how it may be undervalued. #Crypto #blockchain

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Timestamps
00:40 DASH/USDT
02:11 Falling wedge
05:00 DASH in Latin America
7:18 1W uptrend
08:15 DASH Text
8:44 DASH developer activity
09:55 Messari On-Chain Metrics
11:27 Above Important 1D VPVR
12:20 DASH/BTC
14:00 Bitcoin consolidation

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Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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