Author: NBTC
With the exponential growth of cryptocurrencies, investing in altcoins through decentralized trading platforms has become increasingly popular, Dex Screener provides an analysis suitable for the context. Choosing the right altcoins to invest in can be a challenge. Fortunately, there are various tools that can help you make informed decisions. Here is an overview of the best tools to identify the best investment opportunities on Dex Screener and other similar platforms. Dex Screener: an overview Other useful tools Dex Screener: an overview Dex Screener is one of the most comprehensive tools for DEX analysis. The platform supports over 70 blockchain networks…
Multicoin Capital, one of the largest U.S. investment firms focused on cryptocurrency, is pledging up to $1 million to support Senate candidates with favorable views of the industry. The investment manager plans to financially support four Republican candidates – Sam Brown in Nevada, David McCormick in Pennsylvania, Bernie Moreno in Ohio and Tim Sheehy in Montana – through donations to the conservative super political action committee (PAC) Sentinel Action Fund. How much Multicoin gives depends on the outcome of Sentinel’s crypto donation drive. According to the group’s website, Multicoin will match 100% of (SOL) token donations sent to Sentinel by…
RISC Zero, a crypto venture focusing on establishing a scalable and developer-friendly blockchain with zero-knowledge proofs, has announced a collaboration. As per the firm, it is joining forces with Worldcoin, an open-source and decentralized protocol assisting everyone in accessing the worldwide economy. On its official X account, RISC Zero disclosed the news of the collaboration. RISC Zero is coming to @worldcoinWe are helping World Chain free up blockspace via proof aggregation. With our Universal Verifier & Steel, we’re unlocking verifiable, boundless compute power for the Superchain ecosystem. 🔥The future is verified. 🟡 pic.twitter.com/u2MyuOifQa — RISC Zero 🟡 (@RiscZero) June 3,…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Traditional gaming is in a tough spot. Mobile revenues are slipping and user acquisition costs are heading in the other direction. To revive growth and cultivate community, developers are turning to web3 to bake in true digital ownership, token incentives, and play-to-earn models. You might also like: Gone to hell: Web3 governance can save mainstream gaming | Opinion This stickiness is changing how players engage and how games attract and monetize audiences. As a result, users are…
Core Scientific’s CEO, Adam Sullivan, said that since announcing the CoreWeave AI infrastructure deal, the company has received several approaches from top-tier private equity firms for financing and partnerships. PE firms are chasing data center business for AI-related computing power and looking at bitcoin miners’ existing infrastructure as attractive options. Sullivan said the miner isn’t focusing on CoreWeave’s recent acquisition offer but expects M&A to accelerate in the mining sector in general. Private equity (PE) firms are finally seeing value in bitcoin (BTC) miners, thanks to the rising demand for data centers that can power artificial intelligence-related (AI) machines. The…
A widely followed cryptocurrency analyst and trader believes Bitcoin (BTC) is gearing up for a big bounce. The analyst pseudonymously known as Credible Crypto tells his 393,300 followers on the social media platform X that Bitcoin could reclaim the $68,000 level within days. “Not much has changed here folks, but lots of alts are now hitting my downside targets/bounce zones so things are starting to line up here. Won’t rule out one more spike down into local demand and then expect that relief/reversal to the upside that we have been looking for. Let’s get it.” Source: Credible Crypto/X Looking at…
Last night’s landslide victory of the UK’s Labour Party in the general election saw little to no mention of Bitcoin, blockchain, or digital assets. Leading up to the election, the party’s manifesto remained silent on crypto or Bitcoin at a time when the topic is becoming increasingly prevalent in the US election race. However, Labour’s previous statements and plans suggest a cautious yet open stance toward blockchain technology. While not directly addressing crypto, Labour has shown interest in related technologies, such as the support for the tokenization of assets. Shadow Chancellor Rachel Reeves and Shadow City Minister Tulip Siddiq have…
Justin Drake critiqued Solana’s Layer 1 approach, suggesting it may limit scalability compared to Ethereum’s layered solutions. Anatoly Yakovenko defended Solana’s focus on practical, efficient user solutions over Ethereum’s ultrasound money concept. Over the past year, Solana has displayed significant growth, attracting substantial capital inflows and rapidly climbing the market cap rankings. Further, Solana surpassed Binance’s BNB Coin in March, establishing itself as a key competitor to Ethereum. Despite Ethereum maintaining its dominance in the decentralized finance (DeFi) sector, anticipation surrounding the approval of an Ethereum ETF has further fueled investor enthusiasm, boosting its market performance. However, the two blockchain…
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second Major Difficulty Reduction of the Year Hits Bitcoin Network Bitcoin’s mining difficulty dropped by 5% this week at block height 850,752 on July 4. This reduction, the second-largest this year, follows a 5.62% drop that occurred on May 9 at block height 842,688. Both significant decreases came after the fourth halving event at block height 840,000. Despite hashprice levels hitting unprecedented lows, the hashrate remains at 582.33 exahash per second…
The Sandbox, the subsidiary of Animoca Brands, is conceptualizing a decentralized virtual world where creativity merges with gaming. Animoca Brands is a pioneer in digital property rights for the metaverse platform, and it is amazing to note that the Sandbox raised $20 million of promissory notes with a $1 billion market cap. Kingsway Capital and Animoca Brands, in collaboration with the other two firms, manage the funding. The new multimillion-dollar funding by Animoca Brands will lead to a new era of novelty in composable user-generated content games. The Sandbox depicts the evolution or revolution of user-generated content games for the…