29. März 2023
• Bitcoin has a predetermined monetary issuance schedule, which cuts the rate of newly issued coins every 210,000 blocks – roughly once every 4 years.
• According to crypto analyst filbfilb, these halving cycles could lead to new tops of over $200,000 per coin in 2025 and $500,000 per coin in 2029.
• Bitcoin could be valued so highly due to institutional demand and its position as a store of value.
Understanding Bitcoin’s Halving Cycle
Bitcoin has a predetermined monetary issuance schedule designed to cut the rate of newly issued coins every 210,000 blocks – roughly once every 4 years. These „halvings“ are known to be major catalysts for Bitcoin bull markets and have been linked with sending the asset to new all-time highs within two years after their arrival. Crypto analyst filbfilb on Twitter has used data from past cycles to form a „Bitcoin price curve“ from which new cycle tops and bottoms can be approximated. Going by this curve, he projects that Bitcoin will reach over $200,000 per coin in 2025 and up to $500,000 per coin in 2029.
Why Could Bitcoin Reach Such High Values?
The potential for such high valuations is based on institutional demand for Bitcoin as well as its position as a store of value. Institutional investors are increasingly turning towards cryptocurrencies like Bitcoin due to its digital scarcity compared with fiat currencies and other assets such as gold which can be debased or diluted at any time by central banks or governments looking for economic stimulus options during times of recession or market volatility. Additionally, many believe that Bitcoin is well positioned to become an even more attractive option than gold when it comes to long-term investments given its limited supply cap (21 million coins).
Factors That Could Affect Valuation
Various external factors may also affect the valuation of Bitcoin going forward including geopolitical tensions between major world powers such as the US and China; global macroeconomic conditions; regulatory developments; technological advancements; public sentiment towards digital assets; competition from altcoins; etc., all of which could potentially present opportunities or obstacles for further adoption and appreciation in price.
Conclusion
It is difficult make accurate predictions about how much one bitcoin might be worth several years from now but it appears that there is potential for very high valuations based on past performance data and current trends in institutional demand. The next few years should bring some interesting developments that will provide insight into whether or not these lofty goals are possible within the next cycle or two
21. März 2023
• HeartX, formerly known as ArteX, has recently rebranded and unveiled a groundbreaking web3 marketplace and community that empowers artists, collectors, art consultants and art lovers to redefine the value of digital art.
• The HeartX platform provides a secure, immersive, and transparent space for creating, sharing, and trading digital artworks.
• It also has a unique art evaluation system which encourages users to participate by rating digital artwork pieces with tokens as rewards.
Introduction
HeartX (formerly known as ArteX) is a trailblazer in the digital art industry that has recently rebranded and unveiled an innovative web3 marketplace and community that seeks to revolutionize the value of digital art.
Features of HeartX Platform
The platform provides a secure, immersive, and transparent space for creating, sharing,and trading digital artworks catering to artists, collectors, and the web 3 community alike. Its user-friendly interface allows artists to upload their NFT-based digital art pieces for global audiences to explore and purchase.
Vote-to-Earn System
The Vote-to-Earn system allows users to show their taste and support by voting on artwork pieces thereby earning tokens as rewards. This feature fosters closer ties between creators, collectors and art lovers while also incentivizing participation in the online art community.
First Season Launch
The team announces the launch of HeartX’s first season which introduces features designed to enhance user engagement such as its “vote-to-earn” model where users earn tokens from voting on artwork pieces.
Conclusion
HeartX’s unique features provide an opportunity for people in the digital arts industry to experience true ownership over their artwork while also connecting them with other likeminded individuals in an interactive environment that is both secure and transparent.
13. März 2023
• USDC is the best performing top 10 cryptocurrency by market cap for the past 24 hours.
• The turmoil around USDC continues, although it recovered to about $0.95 as Circled issued a reassuring statement.
• Silicon Valley Bank holds a massive $3.3 billion of the cash reserves backing USDC, which may be causing disruption in the market.
USDC Performance
The past 24 hours saw the cryptocurrency market take a bit of a breather as it managed to recover around $16 billion in terms of its total capitalization. Out of these, USDC is the best performer amid the top 10 cryptocurrencies by market cap for this period. Although there is still some turbulence surrounding this stablecoin, it managed to recover to approximately $0.95 after Circle provided reassurances regarding its peg and stability.
Silicon Valley Bank Involvement
Silicon Valley Bank (SVB) is one of the largest financial institutions in fintech, but was recently shut down by regulators due to undisclosed issues. It turns out that Circle holds almost $3.3 billion of cash reserves that back USDC at SVB – suggesting that until these issues are resolved (if ever), USDC might not have perfect 1-to-1 parity with USD currency as intended from its inception.
Bitcoin Reclaims 20K Mark
Further developments in the cryptocurrency world saw Bitcoin reclaiming its spot above $20K mark over the weekend – investors bet on continued institutional funding into 2021 and beyond with BTC’s halving event just months away now and likely driving prices up further in anticipation for this much-awaited event in crypto land!
Ethereum and Litecoin Onward Movements
Ethereum also had some good news over the weekend – developers began launching their own blockchain applications on Ethereum 2’s mainnet ahead of schedule and created new opportunities for developers who want to create dApps using ETH’s blockchain platform as well as build Decentralized Autonomous Organizations (DAOs). Meanwhile, Litecoin continued its bullish trend with LTC recovering back above $90 after dipping below last week following an earlier surge towards record highs during December 2020.
Overall Market Sentiment
Overall sentiments remain positive despite recent fluctuations in certain asset prices – with current levels still being higher than what we had witnessed at any point throughout 2020 so far – multiple project launches from prominent players like Ethereum creating optimism amongst both traders and investors alike regarding longer term prospects for cryptos overall!
5. März 2023
• Arthur Hayes, the co-founder of BitMEX, discussed three potential scenarios that could lead to an oil shortage and cause a surge in Bitcoin’s price.
• The first scenario Hayes outlined was a conflict between Iran and the Middle East that results in the closure of the Strait of Hormuz.
• If this happens, it would drastically reduce global oil supply by 17.3 million barrels per day and greatly increase prices.
Oil Crisis Could Moon Bitcoin Prices
BitMEX co-founder Arthur Hayes published an essay on Thursday outlining „realistic potential situations“ that could make oil prices skyrocket, resulting in a surge for Bitcoin’s price as well. In his blog post titled „Curve Ball,“ Hayes described three possible futures that could lead to an oil supply shortage across the globe given current geopolitical tensions.
Conflict Between Iran And Israel/Saudi Arabia Could Close Strait Of Hormuz
The most likely scenario discussed by Hayes is a conflict between Iran and Israel/Saudi Arabia which would result in the closure of the Strait of Hormuz – one of the world’s largest oil chokepoints between the Persian Gulf and the Gulf of Oman – removing 17.3 million barrels per day from global markets. This would create an extreme shortage causing prices to sky rocket due to high demand with low supply.
Large Oil Producers Reducing Production
Hayes also mentioned another potential scenario where large oil producers (Russia, Saudi Arabia, etc.) choose to materially reduce their production levels which again lowers global supply leading to higher prices for consumers worldwide due to increased demand for limited resources.
Critical Infrastructure Taken Offline
The last event mentioned by Hayes is critical infrastructure being taken offline due to deliberate sabotage such as cyberattacks or military strikes against power grids or pipelines used for transportation purposes like those found in Ukraine or Syria recently. Again, this action would further decrease global supplies leading to higher costs for consumers worldwide..
Central Banks Likely To Return To Loose Monetary Policies
In conclusion, if any of these scenarios take place it will have major implications on both energy markets and Bitcoin’s price as central banks around the world are likely respond with looser monetary policies designed to stimulate economic growth during turbulent times such as these.
25. Februar 2023
• OKX and Benqi have joined forces to boost access to the Web3 ecosystem.
• The integration supports DeFi adoption and promotes self-sovereignty on the Avalanche network.
• Users can use the OKX Wallet to gain access to tokens, NFTs, and dApps in more than 40 chains and roll-ups.
OKX and Benqi Partnering to Increase Accessibility of Web3
OKX, a leading cryptocurrency exchange platform, has recently partnered with Avalanche liquid staking solution Benqi in order to increase access to the Web3 ecosystem. This integration will support DeFi adoption and promote self-sovereignty on the Avalanche network.
Features of OKX Wallet
The OKX Wallet is a leading self-custodial solution for digital assets, allowing users to control their own private keys and crypto assets without relying on any third party services. Through its web extension on Benqi’s website and product, users are enabled to easily enter into the Web3 world through this wallet. Furthermore, it provides free trading by connecting with all liquidity from more than 13 chains via OKX DEX swap aggregator. Additionally, it also allows token transfer across different chains for market demands.
Objectives of Both Companies
Both companies are aiming at promoting trustless nature of Avalanche and DeFi (decentralized finance). By integrating with each other’s products, they hope that users can experience a more convenient way when entering into the world of cryptocurrency without leaving the Benqi website or needing any third parties’ assistance at all times.
Benefits for Users
Users will benefit from this collaboration as they get easier access into various blockchain networks such as tokens, NFTs (non-fungible tokens) as well as dApps (decentralized applications) which exist in over 40 chains or rollups altogether! With these features combined together under one roof – OKX Wallet – it makes browsing through various financial services much faster while still maintaining complete user privacy & security at all times since it is a self-custodial wallet system.
Conclusion
This partnership between OKX & Benqi proves that both companies strive towards providing better accessibility & convenience when accessing cryptocurrencies or decentralized services out there! On top of that, users will also be able to enjoy extra security as everything is stored inside their own wallets without depending on any third party intermediaries at all!
17. Februar 2023
• Crypto Exchange OKX Announces New OKBChain
• OKBChain Fosters the Development of an OKB Decentralized Ecosystem
• Upon Announcement, OKB Token Hits New All-Time High
Crypto Exchange OKX Announces New OKBChain
Seychelles-based cryptocurrency exchange OKX announced the launch of its new blockchain dubbed OKBChain, which is separate from the existing Ethereum Virtual Machine (EVM)-compatible smart contracts protocol OKXChain. According to OKX’s founder Star Xu, the new OKBChain would foster the development of an OKB decentralized ecosystem.
OKBChain Functionality
OKBChain will be launched in Q1 2023 as a separate protocol from OKXChain, as they serve different purposes. The CEO clarified that the OKXChain is a proof-of-stake blockchain co-built by communities while the OKBChain would be developed and operated by OKX. As EthereumFair’s official Twitter account further explained,
OKBChain would be more focused on providing business solutions to organizations and businesses. On the other hand,
OKXChain will continue to offer a decentralized platform for creating and deploying decentralized applications (dApps).
OKB Token Reacts to Announcement
Reacting to the announcement, OKB, the utility token of the OKX Blockchain Foundation, surged by 23.13%, skyrocketing to a new all-time high (ATH) of $52.31, according to data from CoinMarketCap. However, at the time of writing, the token has retraced slightly to under $50.
Continued Growth for Exchange
Since its inception in 2019, crypto exchange powerhouse OkEx has been steadily working towards becoming one of leading exchanges globally with innovative products such as staking pools and futures trading platforms among others. With this newly announced blockchain protocol however it appears that OkEx is aiming for greater heights and is ready for any challengers that may come along in its quest for global domination in terms of cryptocurrency exchanges.
Conclusion
OkEx’s recent announcement of its new blockchain called ‘OKBCHain’ shows that it is serious about decentralization and building an even larger user base globally than before with access to various innovative products not found on other exchanges yet as well as more options when it comes to securely storing their funds on multiple blockchains simultaneously if desired. This could potentially lead OkEx towards becoming one of leading contenders within this rapidly growing industry over time if they are able to execute their plans accordingly and keep up with current trends going forward into 2023 and beyond
9. Februar 2023
• Coinslotty.com, the online crypto casino managed by Stable Tech N.V., achieved its first milestone of 100 closed affiliate deals and is rewarding their partners with a unique gift basket.
• The matte black box filled with edible gold-painted coins and a branded Apple AirTag will be sent to each partner as a gesture of gratitude for their loyalty.
• The chocolate coins were specially made by Croatian Choco Concept using 40% cocoa Belgian milk chocolate, 3D modeling, and unique silicone molds.
Coinslotty.com Celebrates Milestone Achievement
CoinSlotty.com, the online crypto casino managed by Stable Tech N.V., has reached its first big milestone since its November 2022 launch – closing 100 affiliate partnership deals. To celebrate this achievement, they are sending out some special gifts to all of their partners in gratitude for their loyalty and support.
Unique Gift Basket Contains Hand-Made and Hand-Selected Goodies
Each affiliate partner will receive a matte black gift box made from recycled paper and closed up with a simple but sophisticated purple ribbon that reveals a made-to-order leather pouch inside, filled with edible, gold-painted coins and a branded Apple AirTag to help them “track their success” in the industry. Every item within the environmentally friendly gift box was either hand-made or hand-picked with care to give an extra personal touch to the package.
Chocolate Gold Coins Made Using Innovative Technology
The stand out item in this package is certainly the chocolate gold coins which were created by Croatian Choco Concept using 40% cocoa Belgian milk chocolate – and some innovative technology! First, a 3D model of the coin was designed to ensure it had perfect look and feel before creating a unique silicone mold for it then testing out the first batch of coins before painting them in edible gold dusting powder!
Gifting Campaign Symbolizes Appreciation For Affiliates‘ Support
Through this gifting campaign CoinSlotty is demonstrating how much they value all of their affiliates who have helped them achieve this amazing milestone within such short time frame since launching just over six months ago! They hope that these tokens of appreciation will serve as reminders that no matter what challenges come along on their journey together there’s nothing more important than showing appreciation for those who have helped you get where you are today!
A Bright Future Ahead For CoinSlotty & Its Affiliates
With dedication like this from both parties involved we can only imagine what kind of further accomplishments CoinSlotty has in store for us next year! So stay tuned as we continue to watch CoinSlotty continue its success story while providing more fun experiences through gambling on digital currencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) & Monero (XMR)!
1. Februar 2023
• Web3-focused fund VVF announced a $5 million investment in the Everscale blockchain.
• The investment aims to support the Web3 industry by solving its scalability issues.
• The funds will be used to help Everscale complete its goal of hiring more developers and increasing the number of projects.
The Venom Ventures Fund (VVF) recently announced that it had invested $5 million in the Everscale blockchain. This investment is intended to help the Web3 industry by solving its scalability issues and promoting further technological development.
The VVF is a Web3-oriented fund that was established by collaborating with Abu Dhabi-based Iceberg Capital Limited and Venom Foundation. According to a document seen by CryptoPotato, the $5 million investment is intended to help the Everscale company complete its goals of hiring more developers and increasing the number of projects.
VVF’s Chairman Peter Knez explained that this investment was a strategic one and was aimed at promoting technological development. He also added that VVF is committed to helping the Web3 industry and is confident that Everscale will be able to meet its goals with the additional funds.
Everscale is a blockchain-focused company that is dedicated to providing the Web3 industry with the tools and services it needs to achieve greater scalability and efficiency. The company has already built a number of projects such as the Everscale Network, a platform that allows developers to create and deploy distributed applications faster and easier.
With the investment from VVF, Everscale will be able to expand its services and hire more developers to work on projects. This will help the company to further its mission of providing the Web3 industry with the resources it needs for success.
The investment from VVF is a clear sign of the fund’s commitment to supporting Web3 projects. It is also a testament to the potential of the industry and the opportunities it presents for companies such as Everscale. By providing the resources necessary for success, VVF and Everscale can work together to promote the growth of the Web3 industry.
24. Januar 2023
• On January 23, 2014, Vitalik Buterin announced Ethereum on the popular Bitcointalk forum.
• He started participating in Bitcointalk and co-founded Bitcoin Magazine in 2011.
• In late 2013, Buterin described the idea of another digital currency in a white paper.
Today marks a momentous day in the history of blockchain technology and cryptocurrency. Nine years ago, on January 23, 2014, Vitalik Buterin, the co-founder of Ethereum, announced on the popular Bitcointalk forum his revolutionary vision of a blockchain-based platform that would enable developers to create and deploy decentralized applications.
Buterin’s journey to creating Ethereum began in 2011, when he first began participating in Bitcointalk, a forum created by Satoshi Nakamoto. He soon co-founded Bitcoin Magazine, writing articles that focused on the technical aspects of the cryptocurrency. Around this time, Buterin also began travelling to meet and talk to Bitcoin developers from all around the world, in a bid to construct a new, potentially superior iteration of the Bitcoin blockchain.
In late 2013, Buterin wrote a white paper that described his vision for a new digital currency. He sent the paper to a few of his friends, and the idea of Ethereum was born. Buterin soon partnered with Dr. Gavin Wood, who wrote the Ethereum Yellow Paper, and the two of them began working to develop the Ethereum blockchain.
On January 23, 2014, Buterin announced on Bitcointalk the launch of Ethereum, and the project soon gained traction. In 2015, a crowdsale was held to raise funds for the project, and the following year, Ethereum was officially launched.
Today, Ethereum is the second-largest cryptocurrency in terms of market capitalization, and it is the most popular platform for decentralized applications (DApps). It has enabled developers to create innovative applications that are powered by blockchain technology, and it has been integral to the growth and adoption of cryptocurrencies.
Vitalik Buterin’s vision for Ethereum has changed the face of blockchain technology, and it has opened up a world of possibilities for developers and users alike. On this day, nine years ago, the Ethereum project was born, and it has since gone on to become one of the most successful and revolutionary projects in the cryptocurrency space.
16. Januar 2023
• El Salvador’s Alejandra Guajardo walked the Miss Universe stage in a glowing Bitcoin suit.
• The costume was part of the national costume show in the preliminary competition round.
• The dress showcased the evolution of El Salvador’s currency and featured three colors, gold, silver and bronze.
The Miss Universe 2023 contest was a spectacle for the eyes with a plethora of show-stopping moments during its National Costume Competition. But for the cryptocurrency sector, the moment of the night undoubtedly came when El Salvador’s Alejandra Guajardo sashayed the stage in a glowing Bitcoin suit.
The 27-year-old actress and model showcased the evolution of her country’s currency through a dress that captivated the audience. She came on stage with a golden bitcoin outfit, holding a scepter with a BTC logo. The dress featured three prominent colors – gold, silver and bronze – resembling the BTC logo.
The dress was complemented with a dazzling headpiece and a belt made of cryptocurrency coins. The dress also had a glowing ‘BTC’ logo on the chest. The model walked confidently with the scepter in her hand, highlighting the significance of cryptocurrency in El Salvador.
The audience was mesmerized with the design and the concept of the costume. The dress was not only beautiful but also highlighted El Salvador’s journey from traditional currency to the world of digital currency.
The Miss Universe stage was the perfect platform for Guajardo to make a statement about cryptocurrency and its potential in El Salvador. The country has been in the news lately for its decision to make Bitcoin legal tender. The country’s president, Nayib Bukele, has been vocal about his support for cryptocurrency and its potential to transform the country’s economy.
Guajardo’s dress was a perfect illustration of the country’s commitment to cryptocurrency and its potential. The showstopper has certainly put El Salvador on the map and will be remembered for years to come.