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OracleChain price, market cap on Coin360 heatmap


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0.00001924 BTC
Market Cap (Rank#264)
3,848 BTC
Vol 24h
24.2917 BTC
Circulating Supply
Max Supply
6 days agocryptodaily
Metadoro: USDC is Gaining Strength to Outpace Tether
USD Coin from Circle, a technology company that develops peer-to-peer payments, is improving its positions as a leading stablecoin. Its market cap rose from $40 billion at the beginning of 2022 to almost $55 billion at the end of July. More importantly, USDC is replacing the number one stablecoin by market cap USDT (Tether) by number of daily transactions. The USDC is now largely considered to be the best safe haven stablecoin to secure digital savings. USDC is used in 52.5% of overall daily transactions though Ethereum blockchain while Tether holds the second place with the share of 21.4%. USDC surpassed USDT by the number of transactions in late June, and it is still gaining momentum. Investors are scraping their saving in USDT and DAI in favor of USDC. Circle’s mobile payment platform allows users to hold, send, and receive fiat currencies. The company is licensed in New York State in the United States and in the United Kingdom. The company is rumored to have close relations with Goldman Sachs, Coinbase, and also with some large U.S. banks and regulators. Meanwhile, the market cap of USDT deteriorated from around $80 billion at the beginning of 2022 to $65.8 by the end of July or about 42.7% of the overall stablecoin supply. Arcane Research recently forecasted that USDC may outpace Tether by market cap this October. The cryptomarket was rocked by LUNA native coin distress as UST algorithmic stablecoin backed by LUNA plunged almost to zero in May. Even now the $154.3 billion stablecoin market has not completely recovered as it lost 18.8% of its overall capitalisation in the second quarter of 2022. The International Monetary fund (IMF) has warned that the cryptomarket may face further selling pressure and more failures of coin offerings, including stablecoins. “We could see further selloffs, both in crypto assets and in risky asset markets, like equities,” Director of Monetary and Capital Markets of the IMF, Tobias Adrian said. A possible recession may largely contribute to a deeper deterioration of crypto assets, according to Adrian. Indeed, the cryptomarket, along with other risky assets, has started to suffer as major central banks like the Federal Reserve (Fed) and the European Central Bank (ECB) have started to withdraw liquidity from markets in order to bring record inflation under control. The Fed has recently made another sharp action to raise its interest rates by three quarters of a percent to 2.5%, and it is unlikely to stop, although its front man Jerome Powell has said the Fed will closely monitor incoming data to make its next interest rates decision in September. However, he has not ruled out that another 75 or even 100 basis-point hike is possible. So, monetary conditions are clearly not in favour of the cryptomarket. The Bitcoin charts signal prices may continue to go down after a possible breakthrough of $19,000 per coin. The next stop for the major cryptocurrency is at $15,000. But eventually it could go even lower to $10,000, or even to the extreme $6,000 per coin. So, it is not a proper time for the short-term investments in the cryptomarket since the bottom of the downside cycle has not yet been reached. It is likely that proper entry points may emerge in October when the Fed is likely to send out a bold signal about further interest rate hikes, while fears over a recession in the United States, or Europe may become a reality. For the long run, some investments could be made in leading stablecoins with a diversification to other cryptocurrencies other then USDC coin. The best option would be a selection of stablecoins like Binance USD, USDD and, may be some other from the leaders of the market. Anyway, the dynamics of the risky assets represented by the Nasdaq 100 index and Fed actions. Guidance should also be closely monitored to locate the best opportunities to invest in crypto assets. Actions of large investment institutions could be another source to look for suggestions on such investments. Nevertheless, such investments are considered to be highly risky and should be exercised with minor funds and an understanding that they could be lost completely. 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.
7 days agocryptodaily
Crypto trading platform Robinhood cuts staff as a third of customers leave
The so-called “crypto winter” continues to bite deep into the sector, as crypto trading platform Robinhood becomes the latest to divest itself of staff as its revenues plummet. Robinhood, the one time go-to platform for the average retail investor wanting to have a dabble in crypto, is having to hunker down and dig deep in order to survive. Fresh on the heels of a $30 million fine from the New York regulator for failures in the areas of anti-money laundering and cybersecurity, the company has now announced further cuts, as CEO Vlad Tenev admits, the April job reductions “did not go far enough”. The current lay-offs are the most severe yet and the company announced that nearly 25% of the workforce would be let go. This also comes as the quarterly reported revenues for Robinhood came in at $318 million, which was 44% down on the $565 million in the same quarter last year. On the staffing situation, CEO Tenev said: "Last year, we staffed many of our operations functions under the assumption that the heightened retail engagement we had been seeing with the stock and crypto markets in the Covid era would persist into 2022," He added: "In this new environment, we are operating with more staffing than appropriate. As CEO, I approved and took responsibility for our ambitious staffing trajectory - this is on me." The latest cuts will affect 780 staff, and Tenev said his company would offer “wellness” support to any who asked for it. He stated that the staff could stay in position until the 1 October, and then claim a severance package and be given help in finding another job. In the past, Robinhood has not exactly covered itself in glory. In January 2021 the platform caused outrage when it restricted customers from buying shares in GameStop, which was suffering a short squeeze. Many commentators said that Wall Street was for once on the wrong side, and that Robinhood intervened to protect it. The company has also been criticised in the past for listing the extremely risky cryptocurrency meme stocks, which were pushed on social media, and became very popular with the less educated retail investors. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
8 days agocryptodaily
Three Investment Opportunities of 2022: Shiba Inu (SHIBA), The Sandbox (SAND) and Degrain (DGRN)
he dramatic downfall of some of the space’s most prominent players in such a short amount of time has led to a domino effect on the industry. Embattled DeFi protocols like Terra ($LUNA) literally went to 0 after its stablecoin TerraUSD collapsed in flames. Meanwhile, prominent crypto hedge funds like 3 Arrows Capital (3AC) ended in failure. But the beauty of the cryptocurrency industry is that there are always gems to be mined, even in the thick of the bear season. Shiba Inu ($SHIBA), The Sandbox ($SAND), and Degrain ($DGRN) are among the prized cryptocurrencies among the current market. Here’s why. Shiba Inu (SHIBA): more than just a memecoin in 2022 Shiba Inu (SHIBA) did an unfathomable 48,000,000% price increase since its 2020 launch culminating at its peak in October 2021. The gains Shiba Inu (SHIBA) experienced are the Holy Grail in crypto, and become impossible to recreate once a token enters the top 20 cryptocurrencies by market cap. But lo and behold, Shiba Inu (SHIBA) might just have another massive run in it as it develops its own $SHI stablecoin, its Shibarium layer 2 solution, and a collectible card game with its own metaverse. Shiba Inu (SHIBA) is the first memecoin in history that has ever laid out such grand plans, which is why analysts believe there is every possibility that it could rise as much as 30% by the end of 2023. The Sandbox ($SAND): a smart bet on the open metaverse The Sandbox (SAND) is an ERC-721 token renowned as one of the first movers in the nascent metaverse since its inception. The Sandbox’s native token, SAND, powers the platform’s in-game economy, which allows users to play, develop games, construct buildings and venues, and create marketplaces to sell as NFTs within The Sandbox gaming environment. Needless to say, buying The Sandbox (SAND) at $1.44 at the time of this writing – 83% down from its ATH at the height of metaverse mania in November 2021. Cryptocurrency experts believe buying into The Sandbox (SAND) could be a potentially smart play if the open metaverse gains mainstream traction. Degrain ($DGRN): 5,000% gains are a real possibility Degrain ($DGRN) has caught the attention of sharp crypto investors in recent weeks. Degrain aims to be a cross-chain NFT marketplace ecosystem allowing users and creators to transact across blockchains with significantly reduced trading fees than OpenSea and LooksRare. This means creators, traders and stakers, and network participants can earn more. It also plans to enable fractionalized NFT ownership, allowing $DGRN stakers to purchase fractions of blue-chip NFTs like Bored Ape Yacht Club. Key cryptocurrency figures have been quick to heap praise on this innovative new protocol. Presale investors are also given a lifetime 100% discount on trading fees, which could be a massive incentive to buy in if Degrain achieves its goal of becoming the top NFT marketplace. Seasoned crypto experts predict that a 5,000% price gain in the Degrain token is entirely possible by the end of 2022. It is rare an opportunity to invest in a protocol like this presents itself, we definitely wouldn’t advise missing out on this presale. Website: Presale: Telegram: 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.
8 days agocryptodaily
APENFT Foundation Announced The Second Call of its $100 Million Art Dream Fund.
Singapore, Singapore, 2nd August, 2022, ChainwireAPENFT Foundation announces that the second call of its $100 million Art Dream Fund will launch on August 1st, and registration will close on October 30th. The theme for this year’s call is "Post-Human Era." This theme seeks to explore whether the future of humanity can transcend traditional self-centered humanism and how people should position themselves in a complex ecosystem consisting of non-human animals, plants, and cyborgs. Winners will be eligible to win from a prize pool of over $100,000. In addition to prizes, creators will also enjoy the opportunity to build their art studios in The Sandbox, a metaverse set to launch by APENFT and TRON. Creators will also be able to get involved in annual online and offline exhibitions curated by APENFT, workshops, artist residencies, and other educational events. TRON x APENFT exhibition hall in The Sandbox This call is open to creators of any age, nationality (not eligible for residents of UN- and OFAC-sanctioned countries or regions), and profession. It welcomes digital artworks submitted by individuals and teams in various mediums, including video, animation, virtual reality, augmented reality, sound art, and data-driven art, among others. "The most essential quality that distinguishes us from other calls is our core values—great inclusiveness and openness—which are also the values that govern the world of NFTs; here, every good work has a chance to be seen," emphasized Sydney Xiong, Director of the APENFT Foundation. "We've always been committed to nurturing and supporting young artists and creators who are open-minded, daring, imaginative, and able to inject fresh vitality into the art sphere." The same openness and inclusiveness permeate the review process of the Art Dream Fund. This year's review panel comprises more than ten artists, curators, auction experts, art professionals, and financial practitioners. We can expect this diversity in panel selections to introduce opinions from diverse areas such as art, finance, technology, and design, allowing for a more comprehensive assessment of submissions. Expert juries include Philip Tinari (Director of UCCA Center for Contemporary Art), Jonathan Crockett (Chairman of Asia at Phillips), Josh Baer (Art advisor), Sylvain Levy (Renowned collector), and Conlan Rios (Founder of Async Art); the Nomination and Selection Panel includes Cheng Ran (Contemporary Artist), Laura Shao from Hive Center for Contemporary Art, Kenny Schachter (art writer), Ciara Sun (Co-founder of C² Ventures), Claire Huang (Async Art Advisor & Columnist), Mimi Nguyen (Lecturer at the University of the Arts London). Together with community members, the Nomination and Selection Panel will designate 50 contestants for the final based on their votes. Themed on "Second Life," last year’s open call received over 500 artworks, among which Infinite Falling by WMD Studio won the first prize, and submissions of Verdi Jackson, Kong, Allyn Belfred, and Chengcheng Shi won the innovation prizes. In January 2022, all winning artworks were sold at an auction event at the online exhibition co-hosted by APENFT and LiveArtX in Cryptovoxels. This year, on top of the three existing awards, APENFT teamed up with Async Art to set up the “Async Visual-Audio Award” for programmable art to encourage experimentation and innovation in interactive art forms. As Conlan Rios, Founder of Async Art, expressed, “Async Art provides tools for everyone to create visual-audio interactive NFTs, without the necessity of mastering coding and programming knowledge. Through Async Visual-Audio Award, we invite artists to join us to turn the existing concept of art on its head and pave the way for a whole new category of programmable media. This is just the start, but we believe these simple building blocks will open up a world of possibilities for the creators out there, and we are really excited to see the genius ways people might use it.” Participants will have the opportunity to attend the workshops co-organized by APENFT and Async Art and potentially receive Blueprints-based NFT airdrops. WMD Studio, Infinite Falling (2021), digital animation, source: WMD Studio Another highlight of this year's Art Dream Fund is that during the call and the selection, APENFT will co-host three online forums with ArtReview to discuss NFT discourse in the art world, the influence of the metaverse on art creation, and NFT collection and sponsorship. The dates and guests of the forums will be announced soon. Please stay tuned. The open call of the 2022 Art Dream Fund has started, application will close on October 30th. For more registration details, please visit: About Art Dream Fund The Art Dream Fund was co-sponsored by H. E. Justin Sun, founder of TRON, and Sydney Xiong, Director of APENFT Foundation, in 2021. It aims to identify, nurture, and support quality NFT artists through the $100 million fund. Apart from the funding support for art creation, the Foundation will also advise award winners on marketing, publicity, copyright protection, and legal affairs. The winning artworks will be deployed permanently onto the TRON blockchain as a TRC-721 token as well as on the decentralized storage system BFTS. With the help of TRON and the APENFT Foundation, talented artists will stand a chance to take part in online and offline exhibitions, art fairs, auctions at home and abroad, collaborations with renowned international brands, and benefit from crossover marketing. About APENFT Officially registered in Singapore on March 29, 2021, APENFT is backed by the underlying technology of the TRON blockchain, with additional support from the world's largest distributed storage system BitTorrent File System (BTFS). At the core of our mission, APENFT aims to facilitate the creator economy while catalyzing both financial and cultural inclusion in the metaverse. Our vision is to integrate both the virtual and the real worlds seamlessly. APENFT Foundation is the world's first NFT art foundation that realizes crossover purchases. We aim to bridge conversations between stakeholders in the traditional art world and the digital art community emerging around NFTs, promote inclusiveness and diversity, broaden our multimedia audience, and increase all members’ engagement. In the future, our collection will be made available to the entire community through a series of curated online exhibitions in the metaverse. APENFT Marketplace | Twitter | Telegram | Discord About Async Art Async Art is the premiere platform where users can create, collect, and sell generative art & music NFTs. Async breaks down the technology barrier many creators face and allows artists of all backgrounds to participate in the Web3 space. With our Async Canvas tool, users can create interactive, future-facing art and music without any coding knowledge. The platform provides streamlined solutions for audio and visual creators to make innovative NFTs, including 1/1s and an entire collection.. The platform encourages artists to experiment and push boundaries in the NFT space. About ArtReview Founded in 1949, ArtReview is one of the world’s leading international contemporary art platforms. Aimed at both a specialist and a general audience, it is dedicated to expanding contemporary art’s reach, and tracing the ways it interacts with culture in general. It also provides the most intimate reading for contemporary art. ContactsMiles [email protected]
8 days agocryptodaily
Degrain (DGRN), Solana (SOL), and Fantom (FTM): Three Cryptocurrencies that Can Make You a Crypto Whale in the Next Bull Run
Whales are not gods or men with infinite IQ; they were once regular investors who, at some point or the other, found themselves well positioned to profit from some of their financial moves. For example, a person who bought Ethereum when it was at $300 would have seen substantial gains when the token surged past the $4000 mark. And depending on how much such a person accumulated before the pump, their transactions on the chain may be able to move the market. Ethereum came a long time ago, and many missed it at the initial stages; however, we have brought you news of three coins that can help you achieve whale status in the next positive market cycle. Their names? Degrain (DGRN), Solana (SOL), and Fantom (FTM). Solana (SOL): Will its cult-like following see substantial gains again? Solana (SOL) is an open-source platform that uses blockchain technology to offer decentralized finance solutions. Work on it started in 2017 but did not launch officially until 2021. Solana (SOL) is a favorite among minor traders and institutional investors, thanks to its scalability and modelling; however, it has also suffered in the bear market. Solana (SOL) is currently at $39, which is more than 80% lower than its all-time high of $260. Despite that, analysts have said that Solana (SOL) will rally for an intense pump later this year, so we may see an increase in value even if it may not beat that all time. Fantom (FTM): To buy the dip? Like Solana (SOL), Fantom (FTM) is a smart contract platform providing decentralized finance services to developers. In 2021, Fantom (FTM) stunned investors by skyrocketing in value throughout August 2021, reaching its all-time high of $3.48 later that October. However, since then, Fantom (FTM) coin has cooled off, and with the current bear market the ecosystem is in, it has seen a considerable dip. Currently, the Fantom (FTM) token is down more than 90% from its all-time high; however, investors who still see a lot of potential are telling everyone to buy the dip as the Fantom (FTM) token is almost guaranteed to improve in the following market cycle. Degrain (DGRN): A waking giant Degrain aims to be the pioneer cross-chain NFT marketplace in the world with plans to do business with real-world companies, and also share of the platform revenue with token stakers. The project debuted their presale on July 7th, reaching 11 million sales in the first 60 seconds. Not only that, the first presale phase sold out two weeks early and it is currently in the second presale phase, and the price is $0.05 and climbing. Analysts believe that the Degrain token, DGRN, could potentially see a 8,000% price increase by the end of 2022. We certainly believe that it could be the investment of the year, if not the decade. Website: Presale: Telegram: 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.
8 days agocryptodaily
How the Octopus Network is Driving the Internet into a more Open, Fair, and Secure Era
You don't hear about the earnest blockchain protocols because they’re busy building solutions It would be easy to forget that blockchain technology is more than the growing pains of DeFi, considering the plethora of disquieting news coming out of the crypto space recently. But it's important to remember that blockchain is a tool, a tool that can be used to solve a swash of contemporary issues. And, like all tools, its use is defined by human intent — You can use rocks to bash in someone's head or build functional civic structures. Web3 has the potential to hand data sovereignty and content ownership back to internet users. So, where are the protocols committed to creating solutions with blockchain tools? They are out there, building. And that is probably why you don't hear much about them in the headlines, which tend to favor catastrophe over progress. Earnest blockchain protocols are driven by ideology rather than speculation Serious blockchain technicians are often driven by ideology rather than speculation — the intent is embedded in the building. This is why they tend to survive severe crypto market downturns. Solid projects with a mission of driving towards a fairer internet also generally have foundations that help scaffold and fund web3 development because they know that only mass adoption can complete the transformation from User-as-Product to User-as-Owner. Imagine all the business conducted across all of the niches on the Internet today. Until Web3 solutions are accessible for at least a majority of these verticals, Web3 will remain an elusive target. Presently, at least three significant barriers to developing Web3 must be addressed and solved by the blockchain industry itself for mass adoption to become feasible. The blockchain industry must eradicate its own barriers Startup cost is one of the most formidable barriers to realizing a broader selection of viable Web3 solutions. Building an application-specific blockchain is both capital and labor-intensive. In addition, blockchain development requires blockchain developers. Unfortunately, there is a shortage of developers fluent in novel programming languages such as Rust. Finally, it takes more than technology to launch a successful Web3 project. Founders need to be familiar with critical concepts in tokenomics, product design, UX, community building, governance, and more to successfully launch a Web3 project. These three bottlenecks to Web3 development are precisely what the Octopus Network was designed to disrupt. The Octopus Network lowers the barrier to Web3 adoption To accelerate adoption, the Octopus Network's primary mission is to lower the barrier to Web3 innovation. This is not only apparent in its support of the application-specific blockchains that choose to launch on its platform but also in its open and free Global Substrate Training and Accelerator Programs funded by the Octopus Foundation. The Octopus Network is a multichain, interoperable cryptonetwork for launching and running Substrate-based, EVM compatible, application-specific blockchains, aka appchains. The design of the Octopus Network's security leasing mechanism lowers the cost of launching a Substrate-based blockchain by an estimated factor of 100X. Web3 teams who wish to develop their concept using Substrate will find an incredible support base in the Octopus Development Team and Core Community— in addition to enjoying appchain customizability, infrastructure support, crosschain interoperability, and unlimited scalability. The Octopus Global Substrate Developer Training program increases Web3 resources A few years ago, Octopus Network launched the first Substrate Developer Training courses in China, which are now operated by Parity. Since then, Octopus has been on a mission to spread its courses globally, with current offerings in Vietnam, Malaysia, India, Nigeria, and Mexico. Substrate is an open-source tech stack, built using Rust programming language and created by Parity, that simplifies building a blockchain customized for a specific application. The full stack of an appchain, including networking, consensus protocol, node configuration, etc., can be thoroughly optimized for its particular use case. An appchain enjoys its transaction processing capacity exclusively without competing for gas price with other applications, ensuring lower transaction costs and faster response times for its users. And a Substrate appchain has self-sovereignty —it’s governed by its community. There are already hundreds of Web3 projects built on Substrate, and more appchain projects are expected to emerge. The Octopus Accelerator awards Web3 entrepreneurs The Octopus Accelerator Program is a global Web3 startup community of entrepreneurs launched by Octopus Network and funded by the Octopus Foundation to help Web3 entrepreneurs bring utility to Web3 by realizing their concepts as appchain testnets. The Accelerator program conducts four open Global Web3 Entrepreneurship Camps providing $1 million in funding to 20 outstanding Web3 application chain entrepreneurial teams annually. Each quarterly course awards a total of 250k in funding to its top five projects. Mentored by industry experts while engaging in course workshops, participants study critical topics such as Product Design, Token Engineering, Regulation, Fundraising, and more. The month-long program concludes with a Showcase Day, allowing the top 10 teams to demo their project in a competition to win one of five Octopus Star Prizes and 50k in funding. Accelerator Program courses are free and open to any Web3 founder, team, or developer interested in developing their project from concept to testnet. The Fall 2022 Accelerator program offering 50k in funding to five top projects currently accepts applicants until its August 13th deadline. The Octopus Network sets the stage for Web3 innovation Octopus Network's unique Leased Proof of Stake security coupled with Substrate makes building a Web3 application much more accessible and affordable for the world's problem solvers, thereby setting the stage for Web3 innovation. Any Substrate-based blockchain can register to become an Octopus Network appchain. Any Web3 project can apply to the Accelerator to learn how to build a Substrate appchain testnet and win funding, and any developer can gain exposure to Rust programming language and the Substrate framework through Global Substrate Training courses—all compliments of Octopus Network. While DeFi growing pains may stir up one-sided skepticism toward blockchain technology as a whole, the other side of the equation, those seeking solutions, just keep building. The Octopus Network was conceptualized, designed, and realized because of the underlying philosophical tenets of its core team, which is committed to driving the Internet into a more open, fair, and secure era, aka Web3. 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 agocryptopotato
July Became Bitcoin’s Best Month in 2022 With 17% Surge
Bitcoin closed July above $23,000, making it the best month the asset has seen since last October.
9 days agocointelegraph
Best monthly gains since October 2021 — 5 things to know in Bitcoin this week
July closed with Bitcoin up almost 17%, but now, analysts are turning to how long the bullish trend can last.
11 days agocoindesk
First Mover Americas: Bitcoin Heads for Best Month Since October as PCE Inflation Surprises
The latest price moves in crypto markets in context for July 29, 2022.
11 days agocryptodaily
What Does Uniglo (GLO) Bring to The Table? And How will it Compete with Shiba Inu (SHIB) and Dogecoin (DOGE)?
If you’re keen to know where whales and analysts have recently been hanging out, you might want to stumble upon and learn more about Uniglo (GLO). This new cryptocurrency, which is about to launch in mid-October, just started pre-selling its GLO token – and things have been great so far. According to analysts, investing in Uniglo now could generate gains that exceed what big names like Shiba Inu (SHIB) or Dogecoin (DOGE) could currently provide their investors. Uniglo (GLO) What is Uniglo? It’s the new decentralized finance (DeFi) project that has seen over 25% growth in the price of its GLO token. This amount is impressive considering that the new crypto gem just started its presale last July 15. Hence, whales and seasoned investors are putting in their money and claiming their share. So, what does Uniglo bring to the table? This DeFi project could provide a reliable and consistent source of passive income and accumulated wealth. The 25% price increase could be just the beginning for early investors, with more gains and rewards coming their way. Another thing the Uniglo project offers is protection against price volatility and market fluctuations. The project will maintain a community vault for various assets such as digital currencies, rare NFTs, and digitized tangible collectibles. Token holders will benefit from the appreciation of these assets and the diversification they represent. Shiba Inu (SHIB) Shiba Inu is the second-largest dog coin in the world. It burns tokens regularly to maintain the price of SHIB. Compared to Uniglo, however, Shiba Inu has a massive one quadrillion token supply, 590 trillion of which are in circulation. Uniglo, on the other hand, will only have a little over 200 million tokens to drive scarcity. The market capitalization of Uniglo might be low relative to Shiba Inu, but it could have a better capacity of protecting the long-term wealth of its token holders. Dogecoin (DOGE) Dogecoin also belongs to the dog coin category in which it is king. In terms of market capitalization, the DOGE coin is a mammoth. As the cryptocurrency market appears to be on an upswing – finally – many DOGE investors are confident this meme coin will start to bring serious profits once again. However, Dogecoin is a highly volatile asset; and its price is easily, and severely, be affected by unexpected factors. On the contrary, Uniglo aims to offer a social currency that is underpinned by an impressive range of high-profiting and stable assets to help counter volatility. Final takeaway The growth of Uniglo’s token within the first week of its presale is a good omen to many interested investors. As the number of users joining the Uniglo community increases, the faster the platform can build its asset-backed treasury – and the sooner it can bring significant rewards to early adopters. Learn 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.
13 days agocryptodaily
Banks and regulators unable to keep up with speed of crypto
The cryptocurrency sector is moving at breakneck speed compared with banks and regulators in the traditional financial sector. Even hiring crypto experts is a major obstacle, as the best talent is in high demand industry wide. Crypto is too fast to keep up with Whether the traditional banks, regulators and other infrastructure like it or not, crypto is changing finance, and business in general at a crazy rate and the sedate pace of trad finance and its watchdog regulators means that they are just not able to keep up. Admittedly, the wild rollercoaster ride of crypto is coming up against snags here and there, and the odd company has disappeared overnight given such things as code hacks and lack of liquidity among other issues. New tech is moving traditional finance aside However, this industry will likely throw up the game-changing technologies that will make banks and their ilk completely redundant. The fact is, that is already happening now. Bitcoin itself is looking like it will move gold aside as the preferred store of wealth. It just needs to grow enough so that volatility plays less and less of a role in its price swings. The fact that it can’t be manipulated as much as gold also plays in its favour. Insufficient staff to regulate crypto The Securities and Exchange Commission (SEC) was said to be going on a hiring spree this year as the sheer amount of crypto companies, and the variety of technologies that they employ, are taxing the regulators to the max. Also, just recently, the chairman of the European Banking Authority (EBA), which is the regulator for the European banks, has voiced his concerns over sourcing the experts necessary to oversee crypto and enforce regulations. The EBA’s Jose Manuel Campa is worried that by the end of the next 3 years, crypto will have developed and extended into so many areas that cannot be anticipated, that he will not have the crypto talent at his disposal in order to lay down and enforce the new regulations to cover everything. Regulators just too far behind Regulations for the industry are nowhere near ready, and if truth be told, asking regulatory agencies steeped in old laws, to define a new set of rules to regulate game-changing technologies, is a bit of a stretch. SEC chairman Gary Gensler just keeps harping back to securities laws that were put in place in the early part of the last century. Given his way, he would put the entire crypto industry into a strait jacket that would make it just as bogged down and slow-moving as existing finance. The cost of doing business As the larger crypto exchanges and lending platforms are finding out, doing business within the current regulatory environment is costing them millions when you take into account the amount of specialised staff needed to navigate the treacherous waters of regulatory minutia contained in the many financial jurisdictions across the world. Banks and financial institutions in the traditional world move like they are wading through treacle. Is this how we want our future financial system to be? The institutions that rule us would have it so. Therefore it is to be hoped that a parallel financial system can grow fast enough to evade the octopus-like tentacles of what is in place now. 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.
15 days agocryptodaily
Degrain (DGRN) sells out of phase one in just over a week. Top Analysts predict it will overtake Shiba Inu (SHIB) and Dogecoin (DOGE)
Crypto is well known for providing prospects in decentralized banking, non-fungible tokens (NFTs), and other fascinating ideas for the Web3 sector. However, the possibility of wealth accumulation has proven to be the most attractive feature for investors. Which token will produce a new generation of millionaires has always been debated. Degrain (DGRN), a newcomer, appears to be a good fit. The latest token that can make you a fortune has recently arrived. Shiba Inu (SHIB) investors begin to pile into Degrain presale Shiba Inu (SHIB) is more than simply a meme coin or "Dogecoin-killer." At its pinnacle in October 2021, Shiba Inu (SHIB) had a remarkable 46,000,000 percent return, making it the cryptocurrency with the most significant one-year ROI ever. Shiba Inu (SHIB) saw a stratospheric climb, propelled to previously unheard-of heights by the attention it attracted from industry titans last year, followed by broad investor interest. Holders of Shiba Inu (SHIB) are waiting for a dramatic event that will cause prices to soar. Dogecoin (DOGE)may not see a comeback for years to come Since its inception as a symbolic "joke" cryptocurrency Dogecoin (DOGE), the original meme coin, has likewise experienced a dramatic roller coaster ride. Since then, Dogecoin's (DOGE) price has fallen over 90% from it's all-time high, currently trading at approximately $0.067. Even though there are many reasons to be hopeful about Dogecoin (DOGE), recovery may take years before it approaches half of its ATH. More lucrative investing possibilities may be available since Dogecoin (DOGE) is still far from it's all-time high. Degrain (DGRN) quickly become the most talked about crypto A higher return might be possible with Degrain. With its revolutionary revenue-sharing, staking (18% APY for passive income), and tangible advantages like a VIP club for investors holding $25,000 and above, Degrain (DGRN) is in a prime position to surpass well-established platforms like OpenSea in the moribund NFT field. Most notable is that Degrain is restricting VC engagement and choosing an entirely decentralized and open public launch instead. At its current price of $0.04, DGRN, according to astute crypto analysts, might have an epic 8,000% run. The potential for Degrain is endless, given how well it has done during its continuing presale, where Phase One sold out in less than two weeks and already provided early investors with a 300 percent return. It might be THE cryptocurrency jewel of 2022.Many analysts are saying the Degrain could produce more returns from its presale that Shiba Inu (SHIB) did. You can enter the presale below. Website: Presale: Telegram: Twitter: 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.
15 days agocryptodaily
COINZIX Announces $300,000 Investment from Legion Ventures
Bucharest, Romania, July 25, 2022 - COINZIX, an emerging cryptocurrency exchange is announcing a raise of $300,000 in new funding from Legion Ventures, the largest community-driven crypto venture capital firm in Eastern Europe. This transaction is boosting COINZIX's total investment up to $1 million. The additional capital infusion is planned for new features and projects, like COINZIX's own cryptocurrency, a launchpad, a debit card, and the expansion of its crypto ATM network. All these are outlined in stages, according to market demand and overall community feedback. COINZIX is processing transactions over $ 10 million in total and offers more than 60 crypto assets for trading while having several payment options that facilitate access to different consumer segments. COINZIX's mission is to make crypto easy, safe, and reliable for the diverse EU crypto market. Its main goal is to address problems like complexity for crypto newcomers or the lack of mass adoption due to trust or security knowledge gaps. Thus, COINZIX is providing an easy solution for buyers in this region. Since its market launch in October 2021, COINZIX has received a lot of positive feedback from regional crypto communities. With the new influx of investments, the company is looking to expand this selection further in response to customer demand. "We are extremely pleased and honored by the support we have found in the crypto community at this stage of our project. We created COINZIX to contribute to the mass adoption of cryptocurrencies in Eastern Europe and the EU generally. We are ready to offer great opportunities to investors," says Ovidiu Chirodea, co-founder and CEO of COINZIX. The company will release more details in the coming months. About COINZIX Founded at the beginning of 2021 by three partners with long-standing financial and cybersecurity experience, COINZIX is a cutting-edge cryptocurrency exchange that operates primarily within the European market. With over 60 crypto assets in its offer, COINZIX allows users to trade via bank transfer, debit card, and much more, offering seamless mobile and desktop experiences. The company boasts a wide network of crypto ATMs across Europe, with more to come. Media Links: Website: Facebook: Twitter: Telegram international: Telegram national: Medium: Reddit: Media Contact: [email protected] CEO Ovidiu Chirodea 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.
20 days agocoindesk
Matter Labs Schedules zkSync 2.0 Mainnet Launch for October
As Ethereum scaling competition heats up, Matter Labs says it will bring the first EVM-compatible ZK rollup to market.
25 days agocointelegraph
SEC dismisses claims against John McAfee, fines accomplice for ICO promo
On October 5, 2020, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them.
26 days agocoindesk
Congreso de Brasil pospone proyecto de ley cripto hasta las elecciones presidenciales de octubre
La ley, que ya fue aprobada por el Senado, iba a ser discutida por Diputados esta semana.
27 days agocoindesk
Brazilian Congress Postpones Crypto Bill Vote Until After October Presidential Elections
Deputies were originally scheduled to consider the text this week, which has already been approved by the Senate.
29 days agocointelegraph
The UK’s largest Bitcoin conference comes to Scotland
Over 800 attendees are set to attend the United Kingdom’s largest international Bitcoin conference in Edinburgh, Scotland on Oct. 21.
29 days agocointelegraph
G20 regulator to present global crypto rules in October 2022
The FSB seems more concerned with the crypto market given its recent turmoil and the “increasing interconnectedness with the traditional financial system.”
30 days agocoindesk
Global Financial Watchdog FSB to Propose Crypto Regulations in October
The Financial Stability Board plans to produce recommendations for the regulation of stablecoins and other crypto assets to the intergovernmental forum, G-20.
32 days agocointelegraph
This 'biblical' Bitcoin pattern suggests BTC price can rise 30% by October
Bitcoin's price chart has a target of $28,000 based on a classic, bullish technical pattern.
49 days agocointelegraph
Twitter board recommends shareholders vote for Elon Musk’s takeover
The board stated that Twitter will be hosting a virtual meeting at an unspecified date to vote on the merger ahead of its deadline on Oct. 24.
51 day agocointelegraph
Marathon Digital keeps on mining despite BTC price slump
Earlier this month, Marathon said it has been accumulating or “hodling” its Bitcoin since October 2020. As of June 1, 2022, the firm held approximately 9,941 BTC.
56 days agocointelegraph
Bitcoin miners' exchange flow reaches 7-month high as BTC price tanks below $21K
Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020.

About OracleChain

The live price of OracleChain (OCT) today is 0.445028 USD, and with the current circulating supply of OracleChain at 200,000,000 OCT, its market capitalization stands at 89,005,560 USD. In the last 24 hours OCT price has moved 0.018698 USD or 0.04% while 569,687 USD worth of OCT has been traded on various exchanges. The current valuation of OCT puts it at #264 in cryptocurrency rankings based on market capitalization.

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

OracleChain Price0.445028 USD
Market Rank#264
Market Cap89,005,560 USD
24h Volume561,813 USD
Circulating Supply200,000,000 OCT
Max SupplyNo Data
Yesterday's Market Cap91,511,560 USD
Yesterday's Open / Close0.43886 USD / 0.457558 USD
Yesterday's High / Low0.463252 USD / 0.436333 USD
Yesterday's Change
0.04% ( 0.018698 USD )
Yesterday's Volume569,686.70 USD
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
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