February 10, 2023

Uniswap’s V3 deployment will give PancakeSwap a run for its money

Uniswap’s V3 deployment will give PancakeSwap a run for its money

A V3 deployment on the BNB Chain received an 80% vote of favour from UNI token owners. Since its release in 2021, the adoption of Uniswap V3 has grown. The “temperature check” for Uniswap’s [UNI] proposal to float its V3 deployment on the BNB Chain was approved on January 22, with 80% of the votes …

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Funding Roundup: Gaming and NFT Startups Gain Momentum

Funding Roundup: Gaming and NFT Startups Gain Momentum

In the third week of the new year, crypto funding is gaining traction. Candy Digital, an NFT collectibles company, was one of the recipients. According to a recent US Securities and Exchange Commission (SEC) filing, the startup has raised $38.5 million from 14 different investors. Candy Digital is the brainchild of Fanatics, entrepreneur, and internet …

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Ape, CryptoPunk NFT Floor Prices Lag Behind Bitcoin

Ape, CryptoPunk NFT Floor Prices Lag Behind Bitcoin

The battered cryptocurrency markets have received some temporary relief from rising bitcoin and ether prices, but the floor prices for bored apes and crypto punks have barely changed.  Since the beginning of the year, both bitcoin (BTC) and ether (ETH) have increased by almost 40%, hitting highs not seen in about five months.  The floor …

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BlockFi’s uncensored financials reportedly show .2 billion in FTX exposure

BlockFi’s uncensored financials reportedly show $1.2 billion in FTX exposure

By accident, the bankrupt cryptocurrency lending company BlockFi uploaded uncensored financial data that showed $1.2 billion in assets linked to the collapsed exchange FTX and the related trading company Alameda Research.  CNBC reported on January 24 that the unredacted filings reveal that as of January 14, BlockFi had $831.3 million in loans to Alameda and …

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Axie Infinity rockets past , may push higher without significant retracement

Axie Infinity rockets past $10, may push higher without significant retracement

According to indicators, the buying pressure behind AXS was dwindling. The momentum and structure of the market remained bullish. Axie Infinity [AXS] reported gains of 138% from January’s swing low to the swing high until press time. The performance of the token meant that the mood in the bulls’ camp was euphoric. Nonetheless, there were …

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Year of the Rabbit could signal a Bitcoin bull run

Year of the Rabbit could signal a Bitcoin bull run

The Matrixport cryptocurrency financial services platform’s investigation uncovered a successful Bitcoin Lunar New Year trading method in place since 2015. According to @tier10k on Twistter, between 2015 and 2022, investing in Bitcoin on the day of the Lunar New Year and then selling it ten days later has generated an average return of 9%. Additionally, …

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Top 5 Artificial Intelligence Cryptocurrencies for 2023

Top 5 Artificial Intelligence Cryptocurrencies for 2023

Artificial intelligence (AI) has a great deal of potential, and its growing popularity is largely due to its capacity to help us find creative solutions to challenging problems. AI can aid us in decision-making by using data more skillfully than humans.  Recent investments from Silicon Valley goliaths like Microsoft, which supported the aforementioned OpenAI, show …

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Latin American Stablecoin Adoption Expected to Grow Amid High Inflation

Latin American Stablecoin Adoption Expected to Grow Amid High Inflation

Latin American stablecoin adoption was unaffected by the global turmoil that the cryptocurrency industry experienced last year. During the first Spanish-language Twitter Space hosted by CoinDesk en Espaol, four regional leaders in the cryptocurrency industry predicted that the use of cryptocurrencies pegged to the U.S. dollar would increase once again this year. According to Mauricio …

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Following Microsoft’s Massive Investment, Here Are the Top 10 AI Cryptocurrencies For 2023

Following Microsoft’s Massive Investment, Here Are the Top 10 AI Cryptocurrencies For 2023

Microsoft announced today that it would invest millions of dollars in Open AI, the company behind popular programs such as ChatGPT, Dalle-E, and others. As a result, the company took the first step in a tech race that is expected to heat up throughout 2023. Microsoft’s Bet: A New Trend in Crypto? Several projects in …

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