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0.00005799 BTC
Market Cap (Rank#259)
3,862 BTC
Vol 24h
71.2341 BTC
Circulating Supply
Max Supply
8 days agocryptodaily
Introducing SolMad - the hottest new project to launch on Solana
Set to develop on the Solana Chain, SolMad is an NFT collection in the Solana-verse where nomads travel in search of community, land and resources to keep themselves alive against the threat of extinction, global warming and natural disasters. SolMad will take its users on a journey of community-driven collaboration, collective building and togetherness. The Story of the SolMad It all begins in the depths of Gisana…made up of a community of tribes who are smart and handy, the SolMad face harsh weather conditions within the various ecosystems they travel through and live in. Amidst these are valuable resources and artefacts which they are able to mine and trade in various cities and towns on their travels. These communities, who move together in unity, work together to keep each other alive - which isn’t always possible. They risk their lives in harsh conditions to harvest powerful and valuable resources. Nevertheless, the SolMad tribes are a tight-knit community that always support each other. With their curious nature, the SolMad are capable of finding secret and forbidden locations thanks to their advanced navigation skills and tools. They often travel by foot or animals such as camels, horses or alpacas. They tend to travel by regular mode of transportation such as wagons, vardos or mobile homes too. SolMad are not stopped by anything; they even travel by water, often on canoes or living on barges. The SolMad often harvest or acquire valuable artefacts or resources, such as crystals or metal ores, silks, dyes and even figurines or statuettes! Depending on where they are travelling to, SolMad may even come across fruit, fish and spices too. These valuable assets are things that can be auctioned off for prizes in the universe through partnerships offline. Casinos began as a fun way to reconnect within SolMad communities, but soon talks of their fun and addictive games spread among the lands and led other travellers and tourists to leave the comfort of their cities and venture out to visit these casinos. Due to the kind and charitable nature of SolMad, the games are played fairly and for fun, though big, greedy cities oppose this largely. How it Works The SolMad is a deflationary collection of 10,000 NFTs. Like all great nomadic tribes, the SolMad is mobile. The narrative is one which is expansive, rich and will continue to grow into a wider world with unlimited capabilities for participants to not only collect and grow but also engage and have fun as a community! The SolMad are made up of four unique tribes: Panuk, Zuberi, Mira, Briar Besides that, the project will also have a maximum supply of 100,000,000 $BEADS, the currency of the SolMad communities as well as the utility currency within Gisana. The token will be quickly adopted for an endless list of use cases as the project continues to evolve. The SolMad goal is to develop a DAO focused on building and investing in the Solana Mobile ecosystem. DAO stakeholders will get early access to product testing, airdrops, and product betas. Roadmap The project’s roadmap may change over time, but the team take pride in being able to deliver a superior product in a timely and efficient manner. Their plans are as follows: Pre-Mint Community building Smart contract and project audit Build a pipeline of collaborative partnerships Mint Mint launch of the 10,000 NFTs Post Mint Secondary marketplace listing Announcement to the community about the project’s initial build priorities Community engagement (lore discovery) Treasury management begins Introducing staking incentives for future token product development The team also plans to launch future collections as well as potential token airdrops for participants. NFT Utility The SolMad team aims to begin building and investing in the Solana mobile sphere. To kickstart this mission, the SolMads collection will include the following utilities over time: Royalty deflation and LP backing A Solana mobile-focused DAO Raffle prizes IRL and auctions Casino - think gaming with USDC-dominated prizes at stake NFT asset purchasing and yield generation Resources purchases to upgrade Final Thoughts The SolMad team aims to begin building and investing in the Solana mobile sphere. The SolMads’ story is one that will be shared in the weeks to come. In the meantime, sit tight, and more secrets of the SolMads will be revealed as the mint day dawns ever closer. For more information, visit their Twitter here or join the conversation today on Discord here. 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.
9 days agocryptodaily
X Open Hub Adds 30 New Cryptocurrencies and 2 Emerging Market Indices to its Vast Asset List
Global provider of cutting-edge liquidity and technology solutions for financial institutions, X Open Hub has announced additions to its vast multi-asset offerings. The company has introduced 30 new cryptocurrencies and two emerging market indices, CH50cash and IND50cash, to the 5000+ global instruments it already offers. With 12+ years experience offering world-class technology and transparent liquidity solutions for banks and brokers, X Open Hub is committed to supporting financial firms. The company aims to help them achieve cost-optimized business models through improved operational efficiency and increased profitability. The Crypto Winter Is Ending Say AnalystsDespite the ongoing cryptocurrency winter, millennials and Gen Zs are increasingly looking at digital assets for investment purposes. A rise in awareness and education regarding this class of assets, along with their low correlation with price moves in traditional investment instruments, has been driving this interest. Increasing regulatory oversight across numerous countries is expected to lend stability to the digital asset class. Additionally, the rise of DeFi projects is also likely to drive interest in cryptocurrencies. Moreover, the decline in crypto prices in recent months has many investors wondering whether to buy the dip before the crypto winter ends. Historically, there have been four such crypto winters, including the current one. Each time, the market has reversed within around a year. So, investors might be looking at acquiring digital currencies while the prices are still low and before the market begins to rise once again. X Open Hub Adds 30 New CryptosBrokers are increasingly looking at offering their clients opportunities to trade the most popular and promising digital currencies. X Open Hub has added 30 new cryptocurrencies to its already long list of crypto offerings. The new crypto offerings available through X Open Hub’s liquidity solution are extensive and include: AAVE, ALGORAND, APECOIN, CHILIZ, COSMOS, CRONOS, CURVEDAO, DECENTRALAND, DYDX, ELROND, FANTOM, FILECOIN, FTX, GALA, GRAPH, INTERCOMP, IOTA, KILOSHIB, KYBER, MAKER, METAL, NEO, SANDBOX, STEPN, SUSHI, TRON, VECHAIN, WAVES, ZCASH and ZILLIQA. “We believe brokers need to stay abreast of trends and should perceive a wide range of cryptocurrencies as an additional tool to attract new customers or manage their retention. In the last quarter, we devoted a lot of attention to developing our asset class offering and equipping our partners with all the tools necessary to remain competitive in the market,” stated Michael Copiuk, CEO of X Open Hub. IND50cash and CH50cash X Open Hub has also added the IND50cash and CH50cash indices to its liquidity offerings. The IND50cash is based on the Nifty 50, the benchmark index that includes 50 of the most profitable companies across 12 sectors listed on the Indian stock markets. This makes it a well-diversified index. Alternatively, the CH50cash, is based on the China A50, a pan-China benchmark index that includes the top 50 companies, based on market cap, listed on the Shanghai and Shenzhen stock exchanges. A Global Leader Established in 2010, X Open Hub is the institutional arm of the XTB, which is listed on WSA and licensed across multiple jurisdictions, including the UK FCA, CySEC, IFSC, FSCA, and more. XOH has created a niche by providing complete front- and back-end technology and responsive support to propel growth for financial firms. X Open Hub’s solutions include deep institutional liquidity on more than 5,000 global instruments, including indices, shares, forex, cryptocurrencies, commodities, and ETFs, and a powerful white label platform that can be fully customised and branded for each brokerage. X Open Hub also offers multiple integration options to ease operations for brokers, such as FIX protocol, xAPI, MT4/MT5 Bridge or Gateway, and integration with Prime XM, Gold-I, oneZero, and more. This has helped the company gain over 100 clients across more than 30 countries within a decade of being launched. Speak to the X Open Hub Team about cryptocurrencies and emerging market indices. Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
12 days agocryptodaily
Revolut To Launch Crypto Trading Services In Singapore
The regulatory climate for crypto in Singapore is not the best at the moment, but Revolut, a U.K.-based firm working at the intersection of crypto and institutionalized finance, is launching a crypto trading service in the country anyway. The recent lack of clarity in Singapore's regulatory frameworks for crypto and digital assets has led many investors and companies to either back down or withdraw from considerations of launching and supporting crypto-specific products in the country. Despite this, and despite the global market downturn, firms like Revolut are continuing to make inroads into the Singaporean market, specifically aiming at the country's crypto-savvy consumer base. "We plan to provide educational features in the coming months to help customers better understand the trends and risks associated with cryptocurrency," shares Deepak Khanna, Head of Wealth and Trading at Revolut's Singapore domain. Revolut says that it will soon be unveiling its crypto services in Singapore, alongside a planned increase to its personell by roughly 20% in size. The financial technology firm has received approval from the Singapore Monetary Authorities, and is set to provide the crypto service as a ramp for crypto-fiat conversions, servicing at least 27 fiat currencies, as well as gold and silver. This service will not incur foreign exchange fees, but would rather be based on a user's tier or level of subscription to the Revolut platform. Users on Revolut's Standard tier will be charged a 2.5% fee per transaction, while Premium and Metal users will be charged 1.5% per transaction. This amount is calculated based on the transaction's total value. "Trying to navigate your way around traditional exchanges can be incredibly complex, and this process can often exclude people from getting access to cryptocurrency. With Revolut, customers can easily exchange fiat currencies to their choice of cryptocurrencies with the tap of a button," shares Emil Urmanshin, Crypto General Manager at Revolut. What's great with Revolut is that it allows users to easily buy and sell digital assets with built-in features such as the ability to set a stop limit order and a Recurring Buy feature which enables users to even out their portfolio as market volatility shapes up. Revolut users currently have access to over 80 tokens through its mobile app, with more to be listed as market conditions become more stable. 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.
12 days agocryptodaily
Uniglo (GLO) Works for Investors by Asset-Backing its Currency, Can Bitcoin (BTC) or Dogecoin (DOGE) Do the Same?
When cryptocurrency entered the market some 14 years ago, many thought it was purely speculative, expecting its time under the limelight to be short-lived. However, as we have seen in the previous decade, crypto has revolutionized currencies and the concept of value exchange. Nonetheless, concerns regarding volatility remain. Understandably, a portion of the public is weary of putting their money in cryptocurrencies that are entirely intangible and have no inherent value. This is the reason for the emergence of stablecoins and various digital currencies that are pegged to physical assets. Now, a newcomer to the crypto space called Uniglo (GLO) hopes to bridge any remaining gaps by developing a multi-asset-backed treasury to support its native token. Uniglo (GLO) Uniglo is a new decentralized finance (DeFi) project that will grow a treasury supported by a wide range of assets. Half of the transaction taxes in the platform will go into a treasury that will be used to purchase digital currencies and digitized real-world collectibles. As such, the Uniglo investment portfolio would be highly diversified, providing sustainable backing for its GLO token. Many people consider cryptocurrencies to be worthless because they are completely intangible and have no connection to valuable things in the real world. But with Uniglo, people who are cautious of the risks in crypto are provided with a middle ground that could usher them into the DeFi space. With a sound structure for underpinning the value of its currency, Uniglo could provide an example of how the value of non-pegged digital coins could be assessed. Bitcoin (BTC) A key question we must ask now is whether Bitcoin could back its currency in the same way as Uniglo. That could prove difficult, as Bitcoin was the very first token in the cryptocurrency world and has achieved much of its growth because of its speculative nature. Simply, it has grown to its current size because of its novelty, its focus on decentralization, and having no reliance on fiat, gold, precious metals, or other standards. Bitcoin has done well by pegging its value against its demand, usability, ubiquity, and technological value. Dogecoin (DOGE) Similar to Bitcoin, Dogecoin is not supported by any kind of physical asset or cash flow. True to its name and the nature of its genesis, Dogecoin plays a game of popularity. Being a meme coin, it rises and falls based on how endearing it is in the eyes of its supporters. So far, Dogecoin’s community has been rabid, pushing the value of DOGE mainly because they want to and people are willing to pay for it. In the long run, however, Dogecoin might back its coin with assets in an effort to inject some sense of sustainability into the protocol. Final thought Many cryptocurrencies are volatile because investors need to put in the work to create their value. Hence, stablecoins and digital assets pegged to physical assets have emerged to provide security and stability to the cryptocurrency market. With the rise of Uniglo, however, investors are further provided with a social currency that exists to work for them. Find Out More Here: Join Presale: Website: Telegram: Discord: Twitter: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
27 days agocryptodaily
HovR Announces Its Next-Gen NFT Marketplace On The Qi Blockchain
HovR prepares to shake up the NFT marketplace industry by leveraging the Qi blockchain technology stack. As a result, the days of dealing with high-free blockchains are over, and non-fungible token minting will become far more accessible and affordable. HovR taps Qi as one of the most sophisticated blockchains with extremely low fees, benefiting the upcoming NFT marketplace. Through HovR, users can seamlessly perform cross-asset value transfers, spanning cryptocurrencies, NFTs, real estate precious metals, and fiat currencies. Any asset can be tokenized through the creation of unique blockchain-based IDs. Furthermore, HovR emphasizes real-world functionality of non-fungible tokens, including in-game item trading, storing important documents, buying a Web3 domain, social media avatars, ticketing solutions, etc. It will pave the way for bringing even more utility to the NFT industry by exploring new opportunities, ranging from sports contracts to college degrees and digital passports to medical records. Creating an NFT through HovR is simple, cheap, and efficient.Created NFTs are linked to a wallet address on the Qi blockchain, facilitating true digital ownership and providing a transparent trading history. HovR opts for the Qi blockchain because it has 300 times the throughput of Bitcoin and ten times that of the SWIFT network. Leveraging such advanced technology could have ensured earlier NFT projects, like Crypto Kitties, could have had a longer lifespan and remained in the limelight. However, they did not build on Qi and opted for a different solution. The Qi ecosystem is supported by VortX Capital, a global fintech investment company and industry leader. The Qi network is used as the primary payment rail for several applications. VortX intends to launch a suite of decentralized applications (dApps) and play-to-earn NFT games on Qi to highlight its potential further. Moreover, VortX is also the owner of the new HovR marketplace. The team plans to explore all of the top industry verticals by going all-in on dApps, NFTs, and blockchain gaming for the foreseeable future. To increase the mainstream appeal of VortX, the company plans to become the first blockchain company to IPO in Africa. The team is engaged in an open dialog with the Johannesburg Stock Exchange and Equity Express Stock Exchange to make that a reality. To build initial momentum, HovR created a native NFT collection of the world's 10,000 biggest cities ranked by population. These NFTs will be part of an upcoming play-to-earn metaverse game where users aim to achieve world domination. NFT holders can own their city and conquer other locations. Furthermore, HovR is in talks with various entities to secure crucial partnerships for turning event tickets and legal wills into non-fungible tokens. About HovR HovR is the world`s lowest transaction fee NFT Markerplace and also the world's first NFT marketplace to successfully create a .pdf NFT. PDF NFTs allow for blueprints, secretive documents and wills to be successfully stored on the blockchain as well. Website | Instagram | Twitter About Qi Blockchain Qi Blockchain is a world-leading scalable and distributed, public blockchain network with smart contract scripting functionality as foundation for a digital future. Qi Blockchain is positioned for Web 3.0, Metaverse, low transaction NFT`s, Defi, and everything the future holds. Website Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
38 days agocryptodaily
Hong Kong Introduces Draft Legislation to Treat Cryptocurrency Exchanges Like Traditional Finance
Hong Kong lawmakers have introduced new legislation tailored to regulate the cryptocurrency space and aim to implement a new licensing regime for crypto service providers. The proposed law governing cryptocurrencies will boost Kong Kong’s leap into the virtual asset market and will also bring their providers into the mainstream of the island’s financial services sector. Amendments Set to Align Cryptocurrency Sector With Traditional Finance Amendments have been introduced to govern the cryptocurrency market in Hong Kong and now await approval from members of the Legislative Council of China’s special administrative region. The Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 was published in the government gazette in June and needs approval in two separate readings to become law. The authors of the draft seek to review the bill to introduce licensing for virtual asset service providers (VASPs) and enrollment for dealers in precious metals and stones. The objective of the bill is to use the force of the law against tax evasion and counter-terrorism-based financing commitments on the businesses operating in the two aforementioned sectors. If, for instance, entities working with cryptocurrencies want to introduce a trading platform, they would have to procure a license from the Hong Kong Securities and Futures Commission (SFC) and would have to comply with several requirements. Under the new legislation, the SFC will be charged with ensuring that VASPs show their asset listing and trading policies, proper financial reporting, and disclosure, as well as establishing appropriate mechanisms to prevent market manipulation, abusive activities, and conflicts of interest. According to Andrew Leelarthaepin, crypto exchange Bitstamp’s managing director for Asia Pacific, in an article published by the South China Morning Post, the amendments are almost identical to those that would apply to traditional institutions in the financial services industry, and they should meet comparable standards. He sees crypto firms as part of Hong Kong’s financial framework and comments: Put simply, VASPs can expect to be regulated to the same standard as our institutional clients. The law recognizes VASPs as peer organizations within the financial services sector. The proposed set of regulatory and statutory measures marks a significant step in mainstreaming cryptocurrencies within Hong Kong’s financial sector. This matters for two important reasons. For one, regulating cryptocurrencies within the realm of traditional financial services helps to further investor protection. They operate as customer protection-like measures and act to further investor participation and confidence in the ecosystem. Secondly, traditional investors feel very secure when operating in a regulated space with a set rules-based system developed by financial regulators. Consequently, many institutions will wait for further regulatory clarity before entering a new market. 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.
47 days agocointelegraph
Experts explain how music NFTs will enhance the connection between creators and fans
Monstercat CEO Mike Darlington and Metalink founder Jake Udell chat with NFT Steez about the future of Web3 and music NFTs.
49 days agocryptodaily
Margin Trading, Copy Trading, Competitions: What Else Does PrimeXBT Offer?
After more than four years in the cryptocurrency market and surviving two crypto winters, PrimeXBT has cemented itself as a leader in the industry. Over this timeframe, it also introduced so many new features, platform improvements, updates, products, and services that the platform has since completely transformed. In addition to the award-winning margin trading experience, PrimeXBT also has pioneered crypto copy trading in partnership with Covesting, launched weekly competitions, and much more. What else does PrimeXBT have to offer at this point in its lifecycle? A Major Player In The Margin Trading Apace Looking back, the conditions that PrimeXBT launched under were some of the most extreme. The margin trading platform debuted during the 2018 bear market. While most other crypto exchanges struggled to keep the lights on, PrimeXBT picked up new users at an increasing pace as users looked to recoup losses by shorting crypto or were simply looking for a way to profit during a downtrend. Coinbase, Binance, you name it at the time, they all focused on spot trading exclusively. When the market turned, spot buyers could only hold or sell. Meanwhile, PrimeXBT traders had the total freedom and flexibility of long and short positions and the power of leverage behind every trade. PrimeXBT’s trading tools were designed by professional traders for professional traders. There are even built-in technical analysis tools with more than 50 of the most used indicators and oscillators used today. PrimeXBT, over the years, began to expand its list of trading instruments crypto. It started with a small list of traditional assets like stock indices, gold, oil, etc., but has since turned into a massive list of forex currencies, commodities, metals, and more. Users are instantly drawn to the fact they can build a diversified portfolio of uncorrelated assets and open hedge positions consisting of longs or shorts. The Pioneer In Crypto Copy Trading The first significant change to the PrimeXBT platform was the introduction of the Covesting copy trading module. Covesting is a European-based DLT services developer that shifted its business model toward B2B relationships. PrimeXBT saw this as an instant competitive advantage and formed an exclusive partnership where Covesting services would launch first on PrimeXBT. The Covesting copy trading module is a peer-to-peer community of strategy managers and followers. At the center of the experience is a fully transparent global leaderboard system that ranks the performance of all strategy managers. Followers can use the intel to pick which strategies to follow. Once following, all trades will be automatically copied, win or lose. Followers can follow several strategies to build a risk-averse and highly profitable trading portfolio. The entire Covesting ecosystem has since been introduced on PrimeXBT, consisting of copy trading, the COV utility token, My COV section, and APY-generating yield accounts. The COV token is the native utility token to the Covesting ecosystem of products and services. Activating a COV token membership enables exclusive benefits such as up to a 2x APY boost in yield accounts and a number of utilities for copy traders. Compete For Free Capital With Contests The newly added PrimeXBT Contests lets users compete using risk-free virtual funds in weekly competitions for a chance to win crypto prizes. The simulated market environment also lets traders backtest trading strategies or practice before taking a position. New competitions are added each week and are an ideal way to jump-start your career in trading without any starting capital. Contests offer prizes ranging from 1,000 USDT to as much as 100,000 USDT or exclusive NFTs. Certain conditions must be met in order to be eligible for the prize, so be sure to pay close attention to the requirements. Traders can pick up the skills they need to compete, practice, and win consistently by taking a pit stop over at the PrimeXBT trading academy educational website. PrimeXBT trading academy is led by expert trader Dirk Hartig, who lends advice on how to navigate turbulent markets and make money at the same time. Everything But The Kitchen Sink What makes PrimeXBT unique is the fact that so much is packed under just one roof. Traders don’t need to go to dozens of platforms to manage positions across this many markets, nor do they need to have two screens open to perform technical analysis while taking positions. PrimeXBT does it all in one place through its award-winning account dashboard. All of the most important products and services offered by the reliable and trustworthy trading platform are also available via the free smartphone app for Android and iOS devices. This means that managing positions across crypto, commodities, forex, or stock indices is possible while on the go, from anywhere in the world. With so much to choose from and a track record of consistently having happy customers and winning traders,PrimeXBT is the perfect choice for any type of trader. Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
59 days agocryptodaily
The Metaverse Founders Club Aims to Unlock Cross-Metaverse Building And Interactivity
Cross-metaverse interoperability is one o the crucial frontiers of Web3 development. Metametaverse and will join forces to achieve this goal through the Metaverse Founders Club. It is a crucial step forward for metaverse-oriented development and the broader blockchain industry. The Metaverse Founders Club Although there is much interest in metaverse projects these days, there is also a lack of focus on the user experience. Metametaverse founder Joel Dietz draws parallels between most crypto metaverses and a banker looking to capture the money rather than focus on what people need. Such a critical look at the current development approach is warranted, as most crypto metaverses create siloed environments rather than establishing a part of a broader virtual world. Changing that narrative will be tricky. However, the launch of the Metaverse Founders Club is a step in the right direction. The new initiative, spearheaded by Metametaverse and, will enhance collaboration and interoperability between metaverses. It is crucial to create one world to enter, from which users can branch off into different directions, rather than creating gated ecosystems with various entry requirements. That vision will require a scalable infrastructure. Joel Dietz explains how Metametaverse will handle that aspect: "The platform dynamically loads metaverses as you are going towards them and you have spatial audio in the context of the cube you are in. Turns out our structure of cubes inside cubes makes this very straightforward and there's no reason we can't extend it indefinitely. We already are working on self-hosted cubes with their own data URL and you can also easily push this across decentralized file storage services." Through the Metaverse Founders Club, founders and pioneers of virtual worlds can come together and establish collaborative Web3 efforts. There is unprecedented potential and opportunity with Web3 and blockchain that doesn't require being constrained by how society works today. Anything and everything is possible for those brave enough to be bold and try a radically different approach. Connecting The Metaverses With the Metaverse Founders Club in place, a crucial brick has been put into the foundation of collaborative Web3 building. The Founders Club will meet up every quarter and focus on cross-metaverse games. The first game is a scavenger hunt across virtual worlds where players solve puzzles to open secret areas across the different metaverses. It is an initial example of why interconnected worlds will be so crucial to this industry vertical's development. Metametaverse CEO Joel Dietz confirms this initiative's long-term approach: "Lots of people are doing some kind of metaverse thing these days, but I think it will take even the early adopters of metaverse another 2-3 years to realize how innovative what we are doing with metametalang is. Also, I read deeply and widely, love history, and basically ignore people I think are slow or have bad intentions." The initial constitution of the Metaverse Founders Club consists of bylaws, which can be updated during the monthly founders' consortium. One founder and two staff members can represent every team joining the Founders Club. Eligible members must be an executive or significant owners of a metaverse or related technology. Initial active members include Metametaverse CEO Joel Diet, CEO Pedro Jardin, Godot co-founder Ariel Manzur, MetaverseTalks Chairman David Bundi, and four others. 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
59 days agocoindesk
First Mover Asia: Bitcoin as Digital Gold and Inflation Hedge. Really? BTC Is Under Water, While the Metal You Can Hold Is Breathing Air; Cryptos Rebound Sunday
A Sunday rally had bitcoin perched back over $20K and ether above $1.1K, but the recent Terra and Celsius debacles have increased investor anxiety about the digital assets' ability to maintain those levels.
62 days agocryptodaily
Panama president pushes back on bitcoin adoption
Despite being approved by the Panamanian national assembly only a couple of months ago, the path to bitcoin adoption has ground to a halt after President Laurentino Cortizo said that he would not give the go-ahead until the proposal contained proper money laundering and other illicit financing controls. After the adoption of bitcoin by El Salvador last year, it looked as though Panama was on course to follow its Central American neighbour, and make bitcoin a legal currency in the country. However, according to a Spanish language article in a local ePaper published today, President Laurentino Cortizo has “partially vetoed” Law Project 697, stating that the proposal must comply with the existing monetary model. He affirmed: “it is imperative to conform the new regulation with the GAFI (International Financial Action Group) recommendations, so that it follows the state-defined path as regards fiscal transparency and anti-money laundering,” Not all national assembly members were happy with the president putting the brakes on bitcoin adoption. Independent deputy Gabriel Silva, called it a “lost opportunity”. He tweeted: “The president has just partially vetoed the Crypto Law proposal. Another lost opportunity to generate employment, attract investment, and incorporate technology and innovation into the public sector. The country deserves more opportunities and also financial inclusion. If the proposal eventually passes into law, it will be broader than that of El Salvador, in that it will allow for the “tokenization” of precious metals and other assets, the identity digitization of the Panamanian population, and for anyone to freely transact in bitcoin and ethereum as a means of payment, without any limitations. 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.
63 days agocryptodaily
Bitcoin on the brink - what is to follow?
With all the turmoil in crypto, and world markets, the crypto revolution has been put on pause. The flagship cryptocurrency that is bitcoin has approached to within a whisker of the last 2017 bull run high. Will the support hold, or is there yet another leg down for bitcoin and crypto? Yesterday saw the number one cryptocurrency almost get down to touch the 19,500 support level as Fed chairman Powell delivered his keenly awaited 0.75% interest rate rise, and a promise that another such rise is on the cards next month should inflation remain unchecked. Perhaps given that the extent of the raise had already been telegraphed to markets, and consequently had already been priced in, markets across the board rallied slightly and all appeared a tadge calmer. Bitcoin also rallied up and toyed briefly with $23,000. However, today it appears that the rot has returned and bitcoin has fallen under $21,000, down over 6% on the day so far. So what’s next for the wondrous crypto experiment? With at least 2 more shoes ready to drop, as Celsius calls in the restructuring lawyers, and Three Arrows Capital potentially is about to go belly up, a lot more sell pressure could return to bitcoin, and obviously bring the rest of crypto down hard. Mainstream media has made much of the crypto downturn, and has been full of negative reports, generally with a bottom line that investors should avoid crypto like the plague. For now at least, the libertarian threat from crypto has been averted, and it generally looks like it will take the sector a fair while to recover, especially with potentially a lot more downside on the way. So where does this leave the average investor, who is incredibly anxious to offset the loss to their purchasing power through rising inflation? Banks and financial companies that offer less than 1% yield are obviously not going to attract any investor with the slightest bit of common sense. Gold and silver are certainly options that might protect wealth, but where on earth can investors buy physical metal these days? Buying the paper variety is cheaper than physical, but in these uncertain times third party risk is becoming ever greater. Equities have also been falling as rising interest rates have their effect. In addition, not all investors are able to evaluate the geopolitical and traditional financial system risks, but things are starting to look fairly desperate in this direction and a winter of discontent might well be approaching for many nations across the world. When all is said and done, cryptocurrencies, and bitcoin are the long term answer to a world where the fiat currency system is desperately mismanaged, and the only answer to the problem is central bank digital currencies that would enslave us all. Yes, it may be that crypto goes down a lot lower, but out of the ashes can rise the next world currency, whether that be bitcoin, or another cryptocurrency. Whether they can flourish, or be allowed to flourish is the big question. 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.
74 days agocryptosrus
Here’s The Latest On The Upcoming Metaleon Society NFT Drop
Metaleon Society NFT is launching soon with a new spin on NFT utility and web3 crowdfunding. Today we dive into what they’ve been working on and what we can expect from their unique project.  Covered: What is Metaleon Society? Utility & Crowdfunding Where & How To Buy? What is Metaleon Society? Metaleon Society is an […] The post Here’s The Latest On The Upcoming Metaleon Society NFT Drop appeared first on CryptosRus.
78 days agocryptopotato
GGCM Announcing Private Sale: Gold Based on Blockchain Technology
[PRESS RELEASE – Please Read Disclaimer] In the era of speculative crypto assets, GGCM is bringing back gold standards by creating a robust infrastructure that lets you invest without speculating. The GGCM project is integrating the value of Gold and other precious metals in the blockchain ecosystem to make it easier for people to invest. […]
82 days agocointelegraph
Can a lesson in bimetallism help the long-term stability of Bitcoin and privacy coins?
Will the potential long-term bear market of 2022 begin the push for increased privacy for people exchanging cryptocurrencies?
97 days agocryptopotato
Drunk Robots Partners With YGG SEA and Boosts the Arena Prize to 5M METAL
[PRESS RELEASE – Please Read Disclaimer] The post-apocalyptic megapolis of Los Machines has become a focal point of NFT gaming activity. Drunk Robots, a raucously funny game backed by Animoca Brands and Merit Circle, has not only launched several game modes after the sold-out IDO but also signed partnerships with several leading P2E leagues and […]
119 days agocoindesk
Bird, Ring Veterans Raise $5M for GameFi Lending Protocol
The Pantera-backed MetaLend lets users borrow while still earning money in games.
122 days agocointelegraph
BTC could drop to $30K in 2 weeks, trader warns as gold goes for $2K high
The precious metal is stealing the limelight as Bitcoin languishes under $40,000 after the Easter weekend.
162 days agocoindesk
Market Cap of Gold-Backed Cryptos Surpass $1B as Yellow Metal Nears Record High
Stagflation fears appear to have boosted demand for gold and crypto tokens backed by the yellow metal.
162 days agocointelegraph
Bitcoin stems losses after US bans Russian oil, gold heads to record highs
The precious metal was a hair off a USD peak Tuesday, running higher with oil and other commodities while stocks suffered.
168 days agocryptopotato
Metalswap Announces Partnership With BSC Platform on LP Tokens
[PRESS RELEASE – Please Read Disclaimer] Decentralized swaps platform announces new BNB/XMT pool MetalSwap, a decentralized platform for hedging swaps on financial markets, especially those focused on raw materials, has recently announced a strategic alliance with ACryptoS, an advanced Yield Optimizer and next-gen Swap platform built on the BNB Chain. With ACryptoS, MetalSwap users will […]
183 days agocryptonomist
NFT News: OpenSea switches customer service from Discord to Metalink
JPMorgan enters the Metaverse while new marketplaces and Play-To-Earn initiatives emerge The post NFT News: OpenSea switches customer service from Discord to Metalink appeared first on The Cryptonomist.
183 days agocointelegraph
OpenSea customer service migrating from Discord to Metalink to more adequately protect its community
The NFT marketplace no longer intends to offer customer support over Discord DMs.
188 days agocointelegraph
Interstellar Enigma diamond sold for $4.5M in crypto
The origin of the carbonade diamond has baffled scientists for years, as it contains some of the precious metals only found in meteorites.

About Metal

The live price of Metal (MTL) today is 1.3594 USD, and with the current circulating supply of Metal at 66,588,888 MTL, its market capitalization stands at 90,523,651 USD. In the last 24 hours MTL price has moved -0.0568 USD or -0.04% while 3,202,209 USD worth of MTL has been traded on various exchanges. The current valuation of MTL puts it at #259 in cryptocurrency rankings based on market capitalization.

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

MTL is a token developed on the Ethereum platform. It is a utility token used for work inside its own platform. Metal Pay is a digital-wallet where users can exchange real money for any of the 18 cryptocurrencies offered. Metal Pay has no commission for the payment and sending of money. Users can also earn MTL tokens by interacting with the cash inside the Metal wallet. Get the latest price of the MTL token, its market cap and other data on COIN360.
Metal Price1.3594 USD
Market Rank#259
Market Cap90,523,651 USD
24h Volume1,669,777 USD
Circulating Supply66,588,888 MTL
Max Supply66,588,888 MTL
Yesterday's Market Cap90,485,370 USD
Yesterday's Open / Close1.4157 USD / 1.3589 USD
Yesterday's High / Low1.4437 USD / 1.3415 USD
Yesterday's Change
-0.04% ( 0.0568 USD )
Yesterday's Volume3,202,208.50 USD
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
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