cryptocurrency widget, price, heatmap
Search icon
Cryptocurrencies/Coins/ConSpiracy Coin (CYC)
ConSpiracy Coin price, market cap on Coin360 heatmap

ConSpiracy Coin(CYC)

Arrow icon
Add to Watchlist
?
? SAT
Market Cap (Rank#0)
?
? BTC
Vol 24h
?
? BTC
Circulating Supply
?
Max Supply
33,000,000
2 days agocryptopotato
Realistic Bitcoin (BTC) Price Prediction in the Current Cycle: Analysis
A realistic Bitcoin (BTC) price prediction based on historic data overlapped in an interesting chart.
8 days agocointelegraph
BTC price shows 'textbook' Wyckoff moves as Bitcoin bulls defend $25K
Bitcoin analysis increasingly believes that this cycle's BTC price lows are done and dusted.
8 days agocointelegraph
Bitcoin’s cycles are changing — Bloomberg analyst Jamie Coutts explains how and why
This week’s episode of Market Talks discusses how Bitcoin cycles are changing and how it could impact the upcoming halving.
9 days agocointelegraph
Goldman Sachs dismisses AI bubble, predicts upcoming revolution
According to Goldman Sachs, the current period is the early phases of a new technology cycle, which is poised to deliver additional strong performance.
15 days agocryptopotato
November 28th is a Critical Date for Bitcoin’s Price: Here’s Why
There are several theories regarding Bitcoin halving events and their effect on market cycles. Some even claim that there is no correlation, but this new theory pinpoints a date that marks cycle inflection points.
15 days agocryptopotato
Pantera Capital Makes $148,000 Bitcoin Price Prediction, While Bitcoin BSC Hits $100,000 Milestone
Pantera Capital, a leading name in crypto asset management, recently projected that Bitcoin (BTC) could rise to around $148,000 during its next four-year halving cycle. The firm’s latest “Blockchain Letter” highlights its bullish outlook for 2024 and further dives into various driving factors. This announcement comes as Bitcoin BSC, another derivative of Bitcoin, reaches the […]
17 days agocryptopotato
Is Bitcoin’s 4-Year Cycle Pure Coincidence? Analysis
Bitcoin’s cycles may be more based on economic liquidity than the “halving,” analysts say.
18 days agocoindesk
The Relationship Between Bitcoin and Interest Rates Is Breaking Down: Arthur Hayes
The steepest Fed rate hike cycle in decades should have killed bitcoin and other risk assets, but a new relationship between the two are forming, Hayes argued in a Tuesday keynote at the ongoing Korea Blockchain Week.
18 days agocryptopotato
Cristiano Ronaldo Takes Lie Detector Test for Binance Stirs Mixed Community Reaction
When asked if the bicycle kick was his best goal ever, Ronaldo replied affirmatively, but the detector machine said it was a lie.
22 days agocointelegraph
No, Bitcoin is not in its ‘longest ever bear market’ — Here's why
Based on some definitions of a bear market, the current cycle is not the longest crypto winter ever seen and may not even be a bear market.
22 days agocryptopotato
Experts Tip Bitcoin Cash and New Cryptocurrencies Like Sonik Coin to Outperform This Cycle & Next Crypto Bull Run
One of the best-performing crypto assets following the news of Grayscale beating the SEC, alongside the daily pumps of new meme coins on Uniswap, was Bitcoin Cash. Now back in the limelight after its explosive rally in June, Bitcoin Cash (BCH) was helped along in August by some of the largest and most respected crypto […]
23 days agocryptodaily
The King of All Markets: Liquidity
Introduction If financial markets are an ocean, then liquidity is the water. Although definitions of liquidity vary between the availability of cash and the cash itself, one thing is for certain; just as an ocean cannot exist without water, a market cannot function without liquidity. Meanwhile, the flow of liquidity between markets can make or break them. Furthermore, the liquidity of a particular asset, cryptocurrency for example, is an important indicator of their viability as well as an essential element of their tradability. Thus, in financial markets, liquidity truly is king! Understanding Markets: Why Liquidity is King Before jumping into its importance, let us define the concept. Liquidity, in its most fundamental sense, refers to the ease with which an asset can be bought or sold in the market. This tradability often correlates with the availability of the asset and is therefore conflated with the relative quantity of the asset itself. Accordingly, liquidity is discussed in relation to an individual or group allocating their funds to an opportunity in addition to the liquidity of an asset or market itself. Nevertheless, liquidity in both forms is critical, with its importance having been recognised by numerous economists and financial theorists throughout history. For instance, Nobel laureate Eugene Fama highlighted liquidity's role in ensuring that asset prices fully reflect all available information, as stated in his Efficient Market Hypothesis. The concept of liquidity is multifaceted, encompassing aspects such as market depth, immediacy, and tightness. Market depth refers to the exchange’s ability to handle large orders without significant price changes that occur following a trade, known as slippage. Immediacy is the speed at which orders can be executed. Finally, tightness refers to the spread between the bid (purchase) and ask (sale) prices. A market is considered highly liquid if it possesses depth, immediacy, and tight spreads in the order book, allowing for efficient price discovery and minimal transaction costs. In the burgeoning world of decentralised finance (DeFi), liquidity takes on a newfound importance. Liquidity in these markets is often provided by liquidity providers (LPs) who pool their assets in smart contracts. These liquidity pools are used to facilitate trading activities on decentralised exchanges (DEXs), with LPs earning fees in return. The concept of Automated Market Makers (AMMs), pioneered by platforms like Uniswap, hinges on this principle of liquidity provision. The importance of liquidity in these markets cannot be overstated. It is the cornerstone upon which the promise of DeFi - a truly open, inclusive, and efficient financial system - is built. The Role of Liquidity in Driving DeFi Innovation The management of liquidity and the maximisation of capital efficiency have been pivotal in driving the continued innovation of DEXs in the DeFi landscape. As the backbone of DeFi, DEXs have had to constantly evolve and adapt to the challenges posed by the unique characteristics of the crypto market, particularly its volatility and the fragmentation of liquidity. The quest for efficient liquidity management and capital utilisation has led to the development of novel mechanisms and protocols. Uniswap, one of the pioneers of the AMM model, serves as a prime example of this liquidity-driven innovation In its initial iteration, Uniswap V1, the platform introduced the concept of liquidity pools, where users could deposit equal values of ETH and any Ethereum Request for Comment 20 standard token (ERC-20) to create a market. While this model was revolutionary, it had its limitations, particularly in terms of capital efficiency. The 50/50 liquidity provision requirement meant that capital was often underutilised, especially for pairs with significant price disparity. In response to this, Uniswap V2 introduced several improvements, including the ability to create direct pairs between any two ERC-20 tokens, thereby improving capital efficiency. However, the most significant leap came with Uniswap V3, which introduced concentrated liquidity. This feature allows liquidity providers to specify price ranges for their liquidity, thereby maximising capital efficiency. Using this model, LPs can provide liquidity only at price levels where they anticipate trading activity, ensuring they are constantly making use of the liquidity in pools. This innovation has not only improved capital efficiency but reduced slippage, benefiting traders. The evolution of Uniswap and the broader DeFi landscape underscores the critical role of liquidity management and capital efficiency in driving innovation. As the DeFi space continues to mature, the quest for improved liquidity and capital utilisation will undoubtedly continue to shape its trajectory. From the development of more sophisticated AMM models to the integration of cross-chain and layer 2 solutions, the pursuit of liquidity and capital efficiency will remain at the forefront of DeFi innovation. The role of liquidity in driving DeFi innovation is not only significant yet concurrently transformative, shaping the future of finance in profound and novel ways. Taking the Next Step with Elektrik Despite the progress made by protocols such as Uniswap V3, liquidity in web3 is still critically underutilised. While DeFi boasts a number of protocols that offer high levels of capital efficiency, the relatively small amount of liquidity present in the market often causes issues, particularly as it pertains to the cold start problem. At its core, the cold start problem refers to the challenge of launching a new product or service in a market where network effects are prevalent. In such markets, the value of the product or service increases with the number of users, creating a virtuous cycle of growth. However, this also means that when a product or service is first launched, it has little to no value as there are no users yet. Subsequently, at a fundamental level, the cold-start problem can be understood through a question - in an environment where users extract value from the existence of other users, why would the initial wave of users remain in the environment? This problem is faced not only by newly minted protocols aiming to facilitate the liquidity of their own token, but also newly created DEXs looking to establish a base of liquidity providers for trading. Without this base, tokens would be untradable and the DEX would subsequently be rendered ineffective. Hence, the importance of implementing effective measures to foster the highest level of capital efficiency possible becomes clear, DEXs are seeking to overcome the cold-start problem with as little liquidity as possible whereby traders always face a positive experience. Elektrik is one such DEX looking to solve this problem, implementing effective capital efficiency measures to facilitate high volume trading from its inception. Incidentally, this necessitates the adoption of novel and creative mechanisms to attract LPs and manipulate liquidity so that it is always available where needed. While traditional DEXs, such as Uniswap, have taken strides in this regard, Elektrik represents a new wave of DeFi protocols that can achieve more with less liquidity. How Does Elektrik Work? Elektrik is a DEX protocol built on the Lightlink Network. In its first iteration, Elektrik V1, the DEX plans to implement itself as a fork of the revolutionary Uniswap V3 architecture. As a fork of Uniswap V3, Elektrik carries forward the proven AMM model, enhancing it with the unique capabilities and features of the Lightlink network. This AMM model allows users to trade directly with the smart contract on the platform. Users can also become LPs by depositing assets into the liquidity pools and earn fees from the trading activity. This design is intended to provide efficient and flexible trading opportunities for all users. The protocol is built on Lightlink, a layer 2 blockchain secured by Ethereum, purposefully built for Metaverse, NFT, and Gaming applications. By harnessing the power of the Lightlink network, Elektrik is able to offer an efficient and seamless trading experience for its users. Most importantly, Lightlink offers a unique feature referred to as ‘enterprise mode’ which allows organisations to pay a monthly fee, covering its users’ gas costs, to simplify users' experiences when transacting with ERC20 and ERC721 smart contracts, effectively bypassing native gas costs. This feature, combined with Lightlink's low transaction fees and high speed, provides Elektrik with a significant advantage over other DEXs built on more traditional blockchains. Elektrik's design as a Uniswap V3 fork also brings with it a number of benefits. For instance, Elektrik, like Uniswap V3, provides higher capital efficiency compared to its predecessors by allowing liquidity providers to provide liquidity in concentrated price ranges, which, for sophisticated and active LPs, can potentially lead to higher returns. Furthermore, Elektrik supports single-sided liquidity provisioning, enabling LPs to deposit only one type of asset in a trading pair, reducing the risks associated with price fluctuations. In terms of fee structure, Elektrik implements an adaptive fee structure that dynamically adjusts fees based on market conditions and liquidity utilisation. This is achieved through the introduction of multiple fee tiers for each pair: 0.05%, 0.30%, and 1.00%. These options allow LPs to adjust their margins based on the expected volatility of the pair. For example, LPs can choose to take on more risk with non-correlated pairs like ETH/DAI, or minimal risk with correlated pairs like USDC/DAI, and select the fee tier that best compensates them for this risk. This ensures competitive fees for users while maintaining incentives for liquidity providers. By adapting fees to market conditions, Elektrik aims to promote efficient market participation and attract liquidity. Moreover, Elektrik introduces enhanced capital efficiency by utilising multiple fee tiers within liquidity pools. Liquidity providers can allocate their funds to different fee tiers, optimising their capital allocation and earning potential. This feature encourages efficient capital deployment and enables liquidity providers to maximise their returns. Understanding Elektrik V2’s Liquidity Model Although Elektrik is initially being released via the aforementioned Uniswap V3 model, Elektrik V2 plans to implement an innovative AMM. The Elektrik V2 platform represents a significant advancement in the realm of decentralised exchanges, distinguished by its incorporation of abstracted AMM, Artificial Intelligence (AI), Reinforced Learning (RL), and dynamic smart contracts. Central to Elektrik's proposition is its commitment to capital efficiency, ensuring that liquidity is not merely present but is deployed judiciously for optimal trading outcomes. The Dynamic Liquidity Provision (DLP) mechanism is pivotal in this regard, meticulously adjusting liquidity with each block on the LightLink network to meet the precise requirements of liquidity providers. While Elektrik V1 allows for LPs to add liquidity to particular price ranges, Elektrik V2 harnesses the power of AI to anticipate and modulate liquidity in the inherently unpredictable cryptocurrency market. While conventional AI models may falter in such volatile environments, Elektrik's model is characterised by its dynamic adaptability. It undergoes continuous training on a diverse array of data, both internal to Elektrik and from external sources, ensuring its models remain contemporaneous and pertinent. This perpetual refinement is instrumental in ensuring that liquidity is judiciously allocated, responding adeptly to market fluctuations and safeguarding optimal trading conditions. The decision-making prowess of this AI is further enhanced by the principles of Reinforcement Learning (RL). To elaborate, RL operates on a paradigm wherein the system discerns optimal actions through a process of iterative trial and error. Within Elektrik's operational framework, RL assists in determining the most efficacious deployment of liquidity, harmonising the dual objectives of return maximisation and risk minimization. By synergizing dynamic AI with RL, Elektrik underscores its commitment to the judicious management of liquidity, thereby promising an unparalleled trading experience driven by precision and efficiency. Comparing Elektrik to the Competition Since 2021, the DEX landscape has been dominated by Uniswap V2-style DEXs, with many implementing the tried-and-tested x * y = k algorithm and spreading liquidity evenly across all price ranges. This can lead to inefficiencies, especially those associated with use of capital. If liquidity is dispersed across all price ranges, each pool will require a larger amount of liquidity to facilitate the same amount of volume. Consequently, more trading fees are dispersed to a greater number of parties and traders must be charged higher fees in order to provide LPs with the same level of yield. With the advent of Uniswap V3 in 2022, the DEX landscape has likewise undergone a subsequent evolution, with concentrated liquidity models becoming increasingly prevalent in DeFi. Nevertheless, these types of models often require manual rebalancing of liquidity or custom automated strategies by LPs, which can be relatively inefficient. Thus, even the relatively recent AMM models possess inherent flaws with regards to their management of idle liquidity that make them ineffective solutions when compared to next generation AMMs such as that implemented by Elektrik V2. Elektrik V2 and similar DEXs will offer far greater flexibility than their contemporaries. The greater capital efficiency facilitated by the continuous rebalancing and concentration of liquidity will allow protocols to handle high volume trading with relatively insignificant liquidity. Thus trading fees for users can be reduced and those which are earned can be dispersed between fewer LPs, providing incentives for the participation of users and LPs alike. Another key advantage of an automatic liquidity rebalancing model is the potential reduction in impermanent loss. Impermanent loss is a risk faced by LPs in traditional AMMs when the price of the assets in a pool diverges. By automatically adjusting liquidity to follow price movements, a DEX implementing this model can ensure that a LP’s liquidity is never concentrated in one side of a pool, mitigating the effects of impermanent loss. This means LPs are less likely to be holding the wrong asset when prices change, which can lead to more stable and predictable returns. Notably, this model does possess some inherent challenges, particularly associated with the potential incorporation of machine learning for liquidity rebalancing. After all, if the AI makes an incorrect judgment, then the actual price range will have less liquidity than if the prediction were correct. However it is important to note that any particular price range would never be completely devoid of liquidity due to the use of a price weighting model by the AI, which allocates liquidity to certain price ranges depending on the likelihood that the price will be achieved. Furthermore, the learning curve for LPs in actually understanding and grasping this system may pose some challenges to adoption. Nevertheless, these challenges can be solved via frequent rebalancing and user interface abstraction for a more seamless user experience. Conclusion The very definition of liquidity as the ability to quickly and effortlessly buy or sell assets, is the essence of a functional market, be it the financial markets at large or the intricate DeFi space. Its influence extends throughout history, where liquidity has ruled the dynamic and ever-evolving landscape of markets and as we have found, continues to influence the modern financial system - even in the context of DeFi. Therefore, it's evident that DeFi markets, such as Elektrik, which foster liquidity and allocate it efficiently, are likely to remain at the forefront of their respective industries. Therefore, it's evident that DeFi markets, such as Elektrik, which foster liquidity and allocate it efficiently, are likely to remain at the forefront of their respective industries. Consequently, as one of the principal determinants of market and asset success, liquidity, as championed by platforms such as Elektrik, will continue to drive innovation, incentivize adoption, and remain paramount in financial markets. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
23 days agocryptodaily
Poor Peter Schiff still doesn’t get bitcoin
Peter Schiff took to Twitter to assure his followers that bitcoin adoption was not imminent and that a gambling use case would not be good enough either. Schiff scathing of Grayscale success Success for Bitcoin is absolute anathema to Peter Schiff. He has staked much of his reputation on Bitcoin just being a passing fancy and whenever anything happens to the contrary he heads straight to Twitter to give his anti-bitcoin views. When CNBC talking heads made the case that the recent victory for Grayscale over the SEC would likely lead to a momentum shift in the bitcoin price, Schiff took to Twitter to give his views on the subject. Once again the #Bitcoin shills on @CNBC have it wrong. A spot Bitcoin ETF does nothing to increase adoption. All it does is make it easier for some speculators to place directional bets on price. CNBC shills don't realize that gambling doesn't count as a use case for a currency. — Peter Schiff (@PeterSchiff) August 29, 2023 Gambling Schiff really has the bit between his teeth as he accuses speculators of “gambling” on bitcoin’s price direction. Of course, he is right in some respects here, as there are also others who do not yet understand what bitcoin offers over and above short term price movements. To gamble on bitcoin moving up or down when good or bad news drops is one thing, but Schiff does not mention the 75% or so of long term holders who haven’t sold anything in the last year, in spite of bitcoin visiting its cycle lows. Entrenched views Poor Peter has dug himself into a bit of a hole now with Bitcoin. Known as quite an eminent economist and financial analyst, Schiff has always been 100% against Bitcoin. Initially treating it as a bit of a joke, and more recently becoming more vehement in his dislike of the asset. Many might wonder how Schiff is still so entrenched in his views when even the likes of multi-trillion asset management Blackrock CEO Larry Fink is extolling the virtues of the king of the cryptocurrencies. Gold, not Bitcoin The answer is probably quite straightforward. Bitcoin takes the spotlight and much of the wealth away from what is dear to Schiff’s heart, and that is gold. Schiff’s business is gold, and with an economic catastrophe looming on the horizon, he would expect many to put their wealth into this proven hedge in the very worst times in monetary history. When realisation hits Bitcoin is probably becoming an irritating distraction to Schiff, and instead of acknowledging that it is an alternative asset to gold and just buying both, Schiff is bent on propagating the somewhat silly view put out by certain bankers and heads of global financial agencies that Bitcoin has no intrinsic value. Just like a staunch, fully paid-up member of the Flat Earth Society, Schiff looks as though he is going to tough it out no matter what. When bitcoin gets to its cycle top at a potential $100k and then enters the next bear market, he will say: “I told you so”. When Schiff comes to the full realisation that he has been wrong all this time it will be very interesting to see how he reacts. He does have a good sense of humour, and will need to call on it when the time comes. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
26 days agocryptodaily
Bitcoin further downside unless…
With no new inflows into the crypto market bitcoin is slowly sinking. An impulse is needed from somewhere if bitcoin is to gain new momentum. Sinking lower Bitcoin is very much still below its daily and weekly moving averages, indicators that are pointing to further downside unless something fairly momentous pushes the price back above. Bitcoin has found some support at the $26,000 level, but is currently pushing steadily against this. A break here is likely to see the price drop down to major support at $24,000, and possibly to $21,000, $19,000, and even back to the lows. One thing is looking much more certain for this bitcoin bull market, and that is the cycle is lengthening. Declining returns is another factor. Some analysts are pointing to how bitcoin is making less gains with each succeeding bull market. With this in mind, it might be likely that bitcoin only gets as far as $100k this bull market. Perhaps a blow-off top could take it to $150k, but when you look at percentage gains for previous bull markets, this potential best-case scenario is only a 6x from here. Therefore, bitcoin could certainly take its time and drop lower from here. Is this a bad thing? For those looking to make a fast buck, yes. But for those looking for long term gains and a reliable store of value outside of the legacy monetary system, lower prices mean being able to buy more. However, as always in markets, the least expected route is the one that may well be followed. There are factors that are bubbling away in the background that could change bitcoin’s trajectory in an extremely decisive way. Momentum can be regained Not least among these is the impending decision for a bitcoin spot ETF. This coming Friday, the SEC has to make its decision on whether 6 large and influential institutions will be granted the capacity to launch their own spot ETFs, and by doing so, provide the rocket fuel to propel bitcoin out of its current doldrums. Of course, the SEC could just decide to put the decision back, so this particular impulse may have to wait until perhaps early next year. Another way around this may come from the D.C. Circuit Court of Appeals, which is due to decide on Grayscale vs SEC. Should this go in Grayscale’s favour, the SEC could be obliged to approve a spot ETF given that it has already approved several futures ETFs. Whether up, down, or sideways, bitcoin is the asset of the future that provides an alternative to our deeply unfair and corrupt monetary system. The largest institutions are coming to this realisation - it is to be hoped that the common man and woman can also manage to ignore the mainstream media misdirection. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
26 days agocryptodaily
Bitcoin further downside unless…
With no new inflows into the crypto market bitcoin is slowly sinking. An impulse is needed from somewhere if bitcoin is to gain new momentum. Sinking lower Bitcoin is very much still below its daily and weekly moving averages, indicators that are pointing to further downside unless something fairly momentous pushes the price back above. Bitcoin has found some support at the $26,000 level, but is currently pushing steadily against this. A break here is likely to see the price drop down to major support at $24,000, and possibly to $21,000, $19,000, and even back to the lows. One thing is looking much more certain for this bitcoin bull market, and that is the cycle is lengthening. Declining returns is another factor. Some analysts are pointing to how bitcoin is making less gains with each succeeding bull market. With this in mind, it might be likely that bitcoin only gets as far as $100k this bull market. Perhaps a blow-off top could take it to $150k, but when you look at percentage gains for previous bull markets, this potential best-case scenario is only a 6x from here. Therefore, bitcoin could certainly take its time and drop lower from here. Is this a bad thing? For those looking to make a fast buck, yes. But for those looking for long term gains and a reliable store of value outside of the legacy monetary system, lower prices mean being able to buy more. However, as always in markets, the least expected route is the one that may well be followed. There are factors that are bubbling away in the background that could change bitcoin’s trajectory in an extremely decisive way. Momentum can be regained Not least among these is the impending decision for a bitcoin spot ETF. This coming Friday, the SEC has to make its decision on whether 6 large and influential institutions will be granted the capacity to launch their own spot ETFs, and by doing so, provide the rocket fuel to propel bitcoin out of its current doldrums. Of course, the SEC could just decide to put the decision back, so this particular impulse may have to wait until perhaps early next year. Another way around this may come from the D.C. Circuit Court of Appeals, which is due to decide on Grayscale vs SEC. Should this go in Grayscale’s favour, the SEC could be obliged to approve a spot ETF given that it has already approved several futures ETFs. Whether up, down, or sideways, bitcoin is the asset of the future that provides an alternative to our deeply unfair and corrupt monetary system. The largest institutions are coming to this realisation - it is to be hoped that the common man and woman can also manage to ignore the mainstream media misdirection. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
26 days agocryptopotato
Crypto in Longest Bear Market Ever at 490 Days, But When Will it End? (Analysis)
Crypto markets are currently in their longest ever bear cycle at almost 500 days. Fundamentally, things are looking positive but markets have yet to react.
28 days agocointelegraph
Wen moon? Bitcoin halving cycle hints at Q4 as smart money 'buys the rumor'
Bitcoin miners and "smart money" are the investor cohorts to watch when it comes to late 2023 BTC price action, says Filbfilb.
29 days agocryptodaily
Trump NFTs Surge After Tucker Carlson Interview
The prices and volumes of former president Donald Trump’s NFT collection surged after an interview with conservative media personality Tucker Carlson on social media platform X. Trump skipped the scheduled GOP debate, instead attacking his rivals through the interview with the former Fox News host. NFT Collection Value Soars According to data sourced from NFT marketplace OpenSea, the Polygon-based digital cards were selling for 0.13 ETH, which is just over $215. This represents an increase from 0.1 ETH or $150. Data also suggests that the collection had amassed over 17ETH of trading volume. This means that the floor price has jumped by nearly 25%, while the trading volume has risen to $23.5 million. However, it is important to note that the significant jump in activity related to the NFT collection is due to two wallets snapping up the NFTs. Like other digital assets, the price of NFTs also fluctuates considerably, especially when a bigger player gets involved and can significantly move markets. For example, just this month, the price of the Ethereum NFT Profile Picture (PFP) collection DeGods registered a significant drop after a single wallet dumped around 200 NFTs on the market. The Trump NFT Collection The former president released the NFT collection last December at a price of $99 each. The collection consists of 45,000 fantasy cards featuring Trump in various avatars, similar to collectible baseball cards. As of Thursday, the collection has more than 13,000 unique holders. Those who purchased the NFT cards were automatically entered into a “sweepstakes,” where they stood a chance to receive certain experiences with the former president. These included a dinner in Miami, a Zoom call, or a cocktail hour at Mar-a-Lago. The cards quickly sold out at the time of launch. Data has shown that a wallet tagged as “6D65A7” holds the highest number of individual Trump NFTs at 602. This is followed by another wallet, “72F891,” which holds around 500. Neither of these wallets has sold or listed any of the NFTs for sale. However, interest in the NFTs has cooled since launch, and the price keeps changing each time there is news associated with Trump. This includes negative news cycles such as the recent indictment. Melania Trump has also tried her hand at NFTs, although her actions flopped in a big way. Melania had to come out and deny reports that she had to purchase her own NFTs. Trump A Major Holder Of Tokens Trump was also recently revealed to be a major holder of tokens. The leading Republican candidate for the presidential elections to be held next year reportedly has around $2.8 million in cryptocurrency as of August. Furthermore, he also earned nearly $5 million in licensing fees thanks to the Trump NFT collection. This came as a surprise to many, considering he had previously held not-so-favorable views about the crypto space and digital assets in general. Trump had stated he was extremely wary of Bitcoin because it posed a threat to the United States Dollar. He even called the world’s largest cryptocurrency a scam. “Bitcoin just seems like a scam…I don’t like it because it is another currency competing against the dollar. Essentially, it’s a currency competing against the dollar. I want the dollar to be the currency of the world. That is what I have always said.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
29 days agocryptodaily
Trump NFTs Surge After Tucker Carlson Interview
The prices and volumes of former president Donald Trump’s NFT collection surged after an interview with conservative media personality Tucker Carlson on social media platform X. Trump skipped the scheduled GOP debate, instead attacking his rivals through the interview with the former Fox News host. NFT Collection Value Soars According to data sourced from NFT marketplace OpenSea, the Polygon-based digital cards were selling for 0.13 ETH, which is just over $215. This represents an increase from 0.1 ETH or $150. Data also suggests that the collection had amassed over 17ETH of trading volume. This means that the floor price has jumped by nearly 25%, while the trading volume has risen to $23.5 million. However, it is important to note that the significant jump in activity related to the NFT collection is due to two wallets snapping up the NFTs. Like other digital assets, the price of NFTs also fluctuates considerably, especially when a bigger player gets involved and can significantly move markets. For example, just this month, the price of the Ethereum NFT Profile Picture (PFP) collection DeGods registered a significant drop after a single wallet dumped around 200 NFTs on the market. The Trump NFT Collection The former president released the NFT collection last December at a price of $99 each. The collection consists of 45,000 fantasy cards featuring Trump in various avatars, similar to collectible baseball cards. As of Thursday, the collection has more than 13,000 unique holders. Those who purchased the NFT cards were automatically entered into a “sweepstakes,” where they stood a chance to receive certain experiences with the former president. These included a dinner in Miami, a Zoom call, or a cocktail hour at Mar-a-Lago. The cards quickly sold out at the time of launch. Data has shown that a wallet tagged as “6D65A7” holds the highest number of individual Trump NFTs at 602. This is followed by another wallet, “72F891,” which holds around 500. Neither of these wallets has sold or listed any of the NFTs for sale. However, interest in the NFTs has cooled since launch, and the price keeps changing each time there is news associated with Trump. This includes negative news cycles such as the recent indictment. Melania Trump has also tried her hand at NFTs, although her actions flopped in a big way. Melania had to come out and deny reports that she had to purchase her own NFTs. Trump A Major Holder Of Tokens Trump was also recently revealed to be a major holder of tokens. The leading Republican candidate for the presidential elections to be held next year reportedly has around $2.8 million in cryptocurrency as of August. Furthermore, he also earned nearly $5 million in licensing fees thanks to the Trump NFT collection. This came as a surprise to many, considering he had previously held not-so-favorable views about the crypto space and digital assets in general. Trump had stated he was extremely wary of Bitcoin because it posed a threat to the United States Dollar. He even called the world’s largest cryptocurrency a scam. “Bitcoin just seems like a scam…I don’t like it because it is another currency competing against the dollar. Essentially, it’s a currency competing against the dollar. I want the dollar to be the currency of the world. That is what I have always said.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
30 days agocointelegraph
Bitcoin halving can take BTC price to $148K by July 2025 — Pantera Capital
BTC price is right on track when it comes to cycle top and bottom timing, Bitcoin bull Pantera says.
30 days agocoindesk
‘We’ve Seen Enough’: Battered Bitcoin at $26K Can’t Stay Down Much Longer, Pantera’s Morehead Says
By one measure, bitcoin's price performance this cycle is the worst in the asset's history.
31 day agocryptodaily
SBF Pleads Not Guilty To New Charges, Complains About Jail Food
Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to seven new charges brought against him in a Manhattan federal court on Tuesday. The FTX founder was making an appearance in court after spending ten days in jail and also raised complaints about the food being served in jail. SBF Pleads Not Guilty To New Fraud And Conspiracy Charges The new charges, all related to fraud and conspiracy, were handed down on the 14th of August after prosecutors alleged that Bankman-Fried had used over $100 million of stolen customer funds and assets to donate to electoral candidates and politicians. The court had revoked his earlier bail after the United States Department of Justice alleged that the former CEO had repeatedly tried to influence witnesses and interfere with a fair trial through public shaming and harassment. This was Bankman-Fried’s first court appearance since his bail was revoked on the 11th of August. Since then, SBF has been in custody at the Metropolitan Detention Centre in Brooklyn. According to data from the Federal Election Commission, Bankman-Fried had reportedly given over $40 million in political donations in 2022. Other big donors from Bankman-Fried’s circle included Ryan Salame, former co-CEO, and Nishad Singh, the former director of engineering at FTX. Federal Election Commission data showed that Salame had donated over $23 million almost exclusively to Republican candidates and related PACs. Meanwhile, Nishad Singh had given around $8 million during the 2022 midterm election cycle. Complaints About Jail Food During his hearing, lawyers representing SBF informed the federal court that jail authorities had failed to provide him with a vegan diet as he had requested. Mark Cohen, the lawyer representing the former billionaire, stated that the lack of adequate food at the Brooklyn Metropolitan Detention Centre was hampering Bankman-Fried’s preparations for his trial, which is set to begin in October. Mr. Cohen also told the court that his client was not provided with the attention deficit hyperactive disorder (ADHD) drug Adderall. He also added that his client’s supply of Emsam, used to treat depression, was running low. Judge Sarah Netburn assured Mr. Cohen that she would ask the United States Justice Department’s Bureau of Prisons, which is in charge of running the jail, to address concerns related to SBF’s medication. She added that while she was reasonably confident that the prison offered vegetarian food, she was unsure if vegan food was available. Meanwhile, the Bureau of Prisons released a statement saying all inmates had access to appropriate medicines, healthcare, and hot meals. It further added that the facility ensures the provision of nutritionally healthy meals and follows the requirements of a national menu that is analyzed to ensure all dietary requirements are met. Following the hearing, Bankman-Fried sought support from his mother, speaking to her at length. “After the hearing, Bankman-Fried spoke to his mother, Stanford Law School Professor Barbara Fried, across the low partition between the courtroom well and the galley.” Preparations Underway For October Trial Meanwhile, Sam Bankman-Fried and his legal team are working hard in preparation for his trial, set to begin in October. Lawyers representing SBF had even requested that he be allowed to stay out of jail on weekdays, arguing that this would allow them to focus on building a defense for the disgraced FTX founder. The judge refused to grant this request. However, on the 22nd of August, Bankman-Fried was granted a short release from prison from 8:30 am to 3 pm. During his release, he was present in a supervised courtroom with his lawyers as they prepared for the upcoming trial. Meanwhile, the jury has also been issued guidelines by prosecutors on how to approach the trial. According to the guideline, the jury has to treat each of the seven charges differently. They were also requested not to let their verdict on one charge influence their decision on any of the other six charges. FTX was the second-largest cryptocurrency exchange, valued at around $32 billion. However, its bankruptcy sent shockwaves through the crypto and financial world and impacted several projects. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
31 day agocryptodaily
SBF Pleads Not Guilty To New Charges, Complains About Jail Food
Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to seven new charges brought against him in a Manhattan federal court on Tuesday. The FTX founder was making an appearance in court after spending ten days in jail and also raised complaints about the food being served in jail. SBF Pleads Not Guilty To New Fraud And Conspiracy Charges The new charges, all related to fraud and conspiracy, were handed down on the 14th of August after prosecutors alleged that Bankman-Fried had used over $100 million of stolen customer funds and assets to donate to electoral candidates and politicians. The court had revoked his earlier bail after the United States Department of Justice alleged that the former CEO had repeatedly tried to influence witnesses and interfere with a fair trial through public shaming and harassment. This was Bankman-Fried’s first court appearance since his bail was revoked on the 11th of August. Since then, SBF has been in custody at the Metropolitan Detention Centre in Brooklyn. According to data from the Federal Election Commission, Bankman-Fried had reportedly given over $40 million in political donations in 2022. Other big donors from Bankman-Fried’s circle included Ryan Salame, former co-CEO, and Nishad Singh, the former director of engineering at FTX. Federal Election Commission data showed that Salame had donated over $23 million almost exclusively to Republican candidates and related PACs. Meanwhile, Nishad Singh had given around $8 million during the 2022 midterm election cycle. Complaints About Jail Food During his hearing, lawyers representing SBF informed the federal court that jail authorities had failed to provide him with a vegan diet as he had requested. Mark Cohen, the lawyer representing the former billionaire, stated that the lack of adequate food at the Brooklyn Metropolitan Detention Centre was hampering Bankman-Fried’s preparations for his trial, which is set to begin in October. Mr. Cohen also told the court that his client was not provided with the attention deficit hyperactive disorder (ADHD) drug Adderall. He also added that his client’s supply of Emsam, used to treat depression, was running low. Judge Sarah Netburn assured Mr. Cohen that she would ask the United States Justice Department’s Bureau of Prisons, which is in charge of running the jail, to address concerns related to SBF’s medication. She added that while she was reasonably confident that the prison offered vegetarian food, she was unsure if vegan food was available. Meanwhile, the Bureau of Prisons released a statement saying all inmates had access to appropriate medicines, healthcare, and hot meals. It further added that the facility ensures the provision of nutritionally healthy meals and follows the requirements of a national menu that is analyzed to ensure all dietary requirements are met. Following the hearing, Bankman-Fried sought support from his mother, speaking to her at length. “After the hearing, Bankman-Fried spoke to his mother, Stanford Law School Professor Barbara Fried, across the low partition between the courtroom well and the galley.” Preparations Underway For October Trial Meanwhile, Sam Bankman-Fried and his legal team are working hard in preparation for his trial, set to begin in October. Lawyers representing SBF had even requested that he be allowed to stay out of jail on weekdays, arguing that this would allow them to focus on building a defense for the disgraced FTX founder. The judge refused to grant this request. However, on the 22nd of August, Bankman-Fried was granted a short release from prison from 8:30 am to 3 pm. During his release, he was present in a supervised courtroom with his lawyers as they prepared for the upcoming trial. Meanwhile, the jury has also been issued guidelines by prosecutors on how to approach the trial. According to the guideline, the jury has to treat each of the seven charges differently. They were also requested not to let their verdict on one charge influence their decision on any of the other six charges. FTX was the second-largest cryptocurrency exchange, valued at around $32 billion. However, its bankruptcy sent shockwaves through the crypto and financial world and impacted several projects. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
31 day agocointelegraph
Bitcoin is in 'new bull cycle' — Metric that bottomed before 70% gains
Bitcoin Realized Cap HODL Waves signal that the current bull market launch is a classic repeat of BTC price history.

About ConSpiracy Coin?

The live price of ConSpiracy Coin (CYC) today is ? USD, and with the current circulating supply of ConSpiracy Coin at ? CYC, its market capitalization stands at ? USD. In the last 24 hours CYC price has moved ? USD or 0.00% while ? USD worth of CYC has been traded on various exchanges. The current valuation of CYC puts it at #0 in cryptocurrency rankings based on market capitalization.

Learn more about the ConSpiracy Coin blockchain network and how it works or follow the price of its native cryptocurrency CYC and the broader market with our unique COIN360 cryptocurrency heatmap.

ConSpiracy Coin Price? USD
Market Rank#0
Market Cap? USD
24h Volume? USD
Circulating Supply? CYC
Max Supply33,000,000 CYC
Select...
/
Select...
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
Related Coins
cryptocurrency widget, price, heatmap
v 5.4.41
© 2017 - 2023 COIN360.com. All Rights Reserved.
Arrow icon