Day: September 12, 2021

How to create an NFT: A guide to creating a nonfungible token

The term nonfungible token (NFT) usually refers to a cryptographic asset on the blockchain that represents an intangible and unique digital item like a piece of art, a photo, an in-game collectible, or a tweet that other assets cannot replace because it has a set of exceptional properties. Each NFT is unique and limited in …

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OpenSea’s NFT volume down 50% after monumental surge in August

The leading NFT platform records a natural decline in sales volume after surpassing $4B in August; an industry-record. Following a colossal surge of $4B sales volume throughout the month of August for the leading nonfungible token, or NFT, marketplace OpenSea, recent figures indicate a metaphoric return to earth after propulsion to the mighty heights of …

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Solana rally mimicking Ethereum? Why a $500 SOL price target could be ‘conservative’

The sixth-largest cryptocurrency by market cap remains one of the best performers despite the overall crypto market losing more than $200 billion. A high-flying Solana (SOL) refused to land even in the face of a brutal sell-off in the cryptocurrency market on Tuesday. Two days later, the price of SOL rebounded to another new all-time high. The …

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Bitcoin price plunges below $43K in minutes in crypto market rout

Bitcoin (BTC) fell sharply as trading continued on Sept. 7 as a volatile day took BTC price action below $43,000 in one of the most volatile days of the year. BTC/USD 1-hour candle chart. Source: TradingView Whales blamed for major BTC sell-off Data from Cointelegraph Markets Pro and TradingView captured the volatility as Bitcoin suddenly lost the psychological $50,000 …

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Price analysis 9/10: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, LUNA, UNI

Bitcoin’s recent plunge does not seem to have shaken the investors and data shows that exchange reserves were down to 2.399 million Bitcoin (BTC), which is close to the May all-time low at 2.390 million Bitcoin. Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, said this could result in a “sell-side liquidity crisis on Bitcoin.” Although Bitcoin …

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Altcoin Roundup: High Ethereum fees kick-start a liquidity migration to layer-1 platforms

In the ever-evolving world of cryptocurrencies and blockchain technology, the race to establish a highly scalable, user-friendly network capable of being adopted on a global scale is a never-ending marathon where new competitors regularly join in on the race. Bitcoin is undoubtedly the market leader when it comes to network security, active users and market …

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The 10 Most Important Cryptocurrencies Other Than Bitcoin

Bitcoin has not only been just a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, but also has become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoffs.   What Are Cryptocurrencies? Before we take a closer look at some of these alternatives to Bitcoin, …

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Which Is The Best Cryptocurrency For Long-Term Investment?

Cryptocurrency is barely a speculative investment these days. Retail and institutional investors are taking the digital assets very seriously. With so much going around the digital currency, investors are treating them as useful for not only short-term profits but also for long-time investment. But which ones should you choose to invest in? To make it …

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Crypto investors turn to lesser-known tokens after Bitcoin and Ether’s rallies

FOMO remains alive and well in the cryptocurrency world, with lesser-known tokens outperforming again in the wake of recent rallies staged by industry leaders Bitcoin and Ether. Cardano has doubled this month, becoming the third-largest digital asset. Binance Coin is also up. A token named Avalanche has tripled in August. Meanwhile, prices for digital photos of rocks with laser eyes and cartoon depictions of …

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