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? SAT
Market Cap (Rank#380)
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? BTC
Vol 24h
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? BTC
Circulating Supply
477,838,740.42
Max Supply
1,000,000,000
10h agocryptodaily
Uniglo (GLO), Bitcoin (BTC), And Fantom (FTM) Could Break Market Records This October
Are you looking to set your portfolio up for future growth and potential massive success? If you are, then you're in the right place. While it's been a difficult time in crypto, some analysts think that now is the time to buy. They think that the market is gearing itself up for a bull run much sooner than some first thought. And even if it isn't, they think that the right investments could still flourish despite overall market conditions. And there are some tokens that analysts are predicting could even break market records and continue to make fortunes for their investors. These tokens are Bitcoin, Fantom and Uniglo. Let's have a look at why they're recommended investments right now.. Uniglo (GLO) Uniglo is one of the most interesting new projects we've seen for some time. It's a completely deflationary token, at a time when the economy needs answers to rampant inflation issues. This is thanks to a solid store of value that's backed by a range of diversified assets, alongside a truly innovative dual-burn mechanism that continues to decrease supply and increase scarcity over time. That's why it could break records once the rest of the market catches on, and now is the perfect time to invest as it's still available at a discount during pre-sale. Bitcoin (BTC) Bitcoin is an interesting one. While it has already achieved much higher highs than current prices, analysts still think its future is strong. And many are saying it could surge much higher again real soon. If you think about it, BTC's previous highs actually show strength for any future price. It's already shown it can achieve around $60k a coin, so why can't it again? Especially as it's the most famous coin in crypto, and often the first place new money goes. Some analysts think it could surge higher and even reach $1million per BTC. While this remains to be seen, it's still the bell-weather for the industry and has a ton of upside. If it surges back up to all-time highs quickly, that could break price growth records. Fantom (FTM) Some analysts believe that Fantom (FTM) is primed for a massive growth period. It's already an incredibly scalable development platform that makes it easy for anyone to create compelling blockchain projects and more. It offers users a range of viable benefits and is starting to get noticed more and more in the crypto space. It could be a great addition to your portfolio right now. Conclusion FTM and BTC could break records in the coming months, but GLO has the real potential to reshape the crypto space and wider financial world into a new future. Find Out More Here: Join Presale: https://presale.uniglo.io/register Website: https://uniglo.io Telegram: https://t.me/GloFoundation Discord: https://discord.gg/a38KRnjQvW Twitter: https://twitter.com/GloFoundation1 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
20h agocryptosrus
Is Bitcoin really a hedge against inflation?
Covered: BTC v. Inflation BTC v. Inflation While Bitcoin (BTC) has failed in countering this year’s rampant global inflation, it should still be considered as an inflation hedge, says Steven Lubka, the managing director of private consumers at Swan Bitcoin. According to Lubka, Bitcoin works well as a hedge against rising prices when inflation is […] The post Is Bitcoin really a hedge against inflation? appeared first on CryptosRus.
2 days agocryptodaily
Revolut Granted Crypto License in Cyprus
The U.K.-based crypto firm Revolut has been granted crypto authorization from the Cyprus Securities and Exchange Commission (CYSEC) to provide additional crypto services to its 17 million European customers. The crypto firm has been working at the intersection of crypto and institutionalized finance and has recently been ramping up its crypto asset plans this month, adding an additional 22 crypto tokens to its platform as well as posting 13 job listings for crypto-related positions. The regulatory approval in Cyprus will help the company establish its European crypto asset hub. Cyprus is a member of the European Union, and therefore Revolut’s Cypriot authorization will fall under the scope of the EU crypto asset regulatory framework. A spokesperson for the company said, We welcome the EU-wide regulation and wholeheartedly embrace the European Parliament’s clear intention to support innovation whilst requiring strong customer protection measures to prevent any type of market abuse. They added: In establishing a hub for our crypto operations in the EU, we recognise that CYSEC has in-depth knowledge of crypto and its efforts to be a leader in crypto regulation. Cyprus has granted approval to operate to a number of companies, including Bitpanda, eToro and Crypto.com. Revolut has also been granted authorisation in Singapore by the Monetary Authority of Singapore, and in Spain, by the Spanish Central Bank. Revolut has said that it picked Cyprus after an “in-depth survey of all EU countries,” with the CYSEC chosen due to the country’s “sophisticated and robust regulatory regime, as well as the strength of the existing crypto industry in Cyprus.” 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.
4 days agocryptodaily
Uniglo (GLO) Will Outclass Shiba Inu’s (SHIB) And Cronos’ (CRO) Burn Rate By Leaps And Bounds
If you're looking for a new crypto project that has incredibly strong burn tokenomics, you're in the right place. Recently entering its first pre-sale phase, GLO has been getting a lot of attention from onlookers and industry experts. That's because it offers a ton of technical strength that solves key issues in the crypto world. It's also because the crypto space is currently primed for the "next big thing" in digital currency, and many analysts believe GLO could be that next big thing. It's a great opportunity for new investors to get involved in the project at the very start, and hopefully enjoy its rise all the way up to the top of the altcoin charts. Experts believe that's more than possible with GLO. And burn rates play an important part in the ecosystem and development of any cryptocurrency. That's because a coin that becomes more limited in supply over time is one that has the best potential to grow and gain in price. Taking tokens out of supply is crucial because it helps combat issues in the fiat world like rampant inflation. New dollars can be printed whenever deemed necessary, and this puts more of the currency into supply and makes each existing dollar worth less over time. So a crypto with good burn mechanics achieves the opposite ---supply is limited over time, the currency becomes more scarce, and the value of existing tokens goes up. So good burn infrastructure is crucial to the success of a coin, and its ability to grow. GLO has all that infrastructure and more, which is why many analysts are touting it as a must-buy for your portfolio. Let's look at why in more detail: Uniglo (GLO) Uniglo has perhaps the best burn mechanics the industry has ever seen. That's because it uses a unique "dual-burn" system to continuously remove tokens from supply at an extremely high rate. GLO tokens are burnt on every transaction, and more tokens are even periodically bought back by the GLO treasury to also burn. This double burn system continues to make GLO more scarce and drive up the price for early adopters. It's also why getting in early is key with GLO. You get a great price, and a token that will continue to become more scarce. Shiba Inu (SHIB) Shiba Inu has recently started rewarding users who decide to give up their tokens for burns. This has increased burn rates considerably, and builds more fundamentals into an already popular project. But while these burn tokenomics are good, they aren't quite as sustainable as with GLO. Cronos (CRO) CRO also has ambitious burn plans, aiming to burn 70 million coins. This has made fans of the project even bigger fans, and could help the altcoins rise to prominence in the space. But it doesn't quite have the burn credentials that GLO offers. GLO's burn mechanics outpace all main rivals. And as one of the best new tokens in crypto, it's one you should take a look at immediately. Find Out More Here: Join Presale: https://presale.uniglo.io/register Website: https://uniglo.io Telegram: https://t.me/GloFoundation Discord: https://discord.gg/a38KRnjQvW Twitter: https://twitter.com/GloFoundation1 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
4 days agocryptodaily
Crypto Enthusiasts Predict Zompot, Shiba Inu, and Zilliqa are poised for a crypto rally in the future
Today, cryptocurrencies are the envy of every investor in the global financial services sector. Their popularity is in stark contrast to the caution that people observed while approaching these blockchain-based assets until a few years ago. As factors like advancements in blockchain technology, regulatory support, and the digital push in the wake of the pandemic bolstered their grip on the market, cryptocurrencies left seasoned investors impressed with promising returns. If you are searching for assets that can fetch decent returns even when you see crypto prices going down, you should start by researching some of the leading names like Zompot(ZPOT), Shiba Inu (SHIB), and Zilliqa (ZIL). Zompot (ZPOT) Is Tackling Blockchain Security Launched in 2022, the decentralised cryptocurrency is built on Binance Smart Chain and caters to a multitude of financial purposes like swapping and trading. Zompot has its own native token called ZPOT that can be used for various transactional purposes like staking, liquidity pool provisioning, and yield farming Interested buyers can purchase it on presale. Given the popularity of metaverse solutions, the creators of Zompot designed it as a futuristic digital asset which will be available for trading in metaverse too. Over time, the ZPOT Token can be instrumental in addressing the problem of monetary shortage in the virtual economy. Users within the zompot platform would be able to trade and generate wealth by trading metaverse-compatible cryptocurrencies. As far as security is concerned, Zompot has all corners covered. With a host of robust security and privacy features, Zompot is striving to solve privacy and security challenges that often riddle cryptocurrency platforms. Even as transactions are conducted between pseudonyms in the case of most cryptocurrencies, the information stored on a public ledger may be misused by malicious actors. To ramp up security by tackling the problem, Zompot unlinks transactions from the origin of the payment point via the decentralised anonymous payment (DAP) schemes. Under the DAP schemes, users get to pay other users either directly or privately while hiding the payment amount, selected destination, and the point of origin. The ZPOT token has a total supply of 500,000,000 units and is built on a niche model that curbs inflationary tendencies while keeping price fluctuations to the minimum. The token supply has been distributed under different heads to ensure that the platform's development can continue while ensuring ample liquidity during various phases of Zompot'sgrowth. For instance, 5% of the token supply is reserved for its legal development and 10% of the supply has been set aside for marketing activities. Another 35% of the collective token supply has been allocated for public sales and an extra 15% for private sales. Shiba Inu (SHIB) Is Demonstrating Success With Meme Coins Shiba Inu is among the earliest meme currencies to have made a splash in the world. Like most meme coins, Shiba Inu was also inspired by a meme that was developed in jest. By tokenising its value, Shiba Inu's creators were able to create a formidable meme coin that has patrons spread across the world. It has its own native token SHIB that can be used for transactional purposes like staking, liquidity provisioning, yield farming, and token swapping, among others. The token can be bought and sold at ShibaSwap. It can also be found on Uniswap and the list of exclusive cryptocurrency centralised exchanges. Zilliqa (ZIL) Is Building High-Performance dApps Zilliqa is a one-stop-shop for the various tools that developers need for building powerful and highly scalable dApps. The blockchain-powered system has its own native token ZIL that can be used for a range of transactional obligations that one may encounter on the platform. With its niche system of smart contracts that offers unmatched levels of privacy and security, the platform pulls out all stops to protect investor interests. If you are looking forward to adding a token to your crypto wallet or portfolio during this crypto winter, SHIB and ZIL might be a good option. Nevertheless, cryptocurrency ethicists predict that ZPOT will ascend to the top once it launches in the market. Join Zompot Token (ZPOT)’s Presale: Presale: http://rise.zompot.com/ Website: http://zompot.com/ Telegram: https://t.me/ZompotTokenOfficial 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
5 days agocryptodaily
EQIFi opens $EQX holders to Amazon, Walmart payments via Shopping.io partnership
What was Bitcoin’s original value proposition? Was it to be bought and HODLed in a Ledger wallet for 20 years? The answer is to be used to buy milk, iPhones, and cars. While bitcoin can be used to buy these things from many retailers, most would agree that its modern use case lies more in being a store of value—digital gold of sorts. Its network isn’t really built for scalable payments. Luckily, DeFi as an industry has taken on the challenge of producing cryptocurrencies that can be used for scalable payments beyond their own ecosystems. EQIFi, a leading regulated global DeFi services platform backed by EQIBank, is one of them. Just this month, the platform announced it would integrate its $EQX token with crypto-to-retail bridge Shopping.io, which lets token holders use $EQX to buy goods at some of the world’s top e-commerce platforms, including Amazon, eBay, Walmart, and Home Depot. “EQX token has been the backbone of our platform, and with this partnership now, it becomes part of something even bigger,” says Brad Yasar, CEO of EQIFi. “We offer our users an opportunity to grow their money through DeFi, and now they can actually spend it at the world’s top retailers, which don’t even officially accept crypto.” Inflation in the U.S. reached 8.6%, in May 2022—the highest rate since 1982 and according to BBC News, one of the highest rates in the world today. This in turn has forced central banks to hike interest rates, leaving financier’s scratching their heads in their attempt to predict the length of the current recession. Consumers have felt the brunt of this recession with many now searching for new, innovative ways to make use of their assets to optimize their financial standing and purchasing power. EQIFi’s partnership with Shopping.io affords users the opportunity to spend their $EQX staking rewards seamlessly while enjoying 7 days of free international shipping and a 2% discount on all orders for 30 days starting August 15. Both ERC-20 and BEP-20 versions of $EQX can be used as forms of payment through Shopping.io’s payment processor, ShoppingPay. Shopping.io currently fulfills orders from Amazon, eBay, Walmart, and Home Depot, though this merchant list stands to grow with the launch of Shopping.io’s Web Extension. The Web Extension will allow Shopping.io to collaborate with a plethora of new merchants, aiding the expansion of $EQX’s purchasing capabilities to the farthest reaches of the web. EQIFi makes DeFi as accessible as regular online banking, offering users a convenient platform incorporating the largest array of financial services in the DeFi space. Backed by a licensed bank, the platform grants its clients the certainty and security that comes with the highest level of regulatory compliance. EQIFi’s relationship with EQIBank also cements it as one of the most efficient gateways between DeFi and traditional finance, providing its users with a streamlined crypto/fiat On/Off ramp for greater control over their finances. “This collaboration with EQIFi brings us closer to our vision of a future where people have the flexibility to buy anything with everything,” says Arbel Arif, Founder and CEO of Shopping.io. “The time has come for the liberation from traditional forms of payment! Consumers deserve the freedom to spend their money however they see fit. Shopping.io is committed to helping them do that 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.
5 days agocointelegraph
BTC mining stocks double in a month as production ramps
While Bitcoin and Ethereum prices may have climbed lately, Bitcoin mining companies have been absolutely pumping.
6 days agocryptodaily
Tezos Is Gaining Traction In DeFI, NFTs & More
Following a busy summer that saw Tezos host its annual developer conference in Paris shortly after welcoming USDT into its fold, the blazing fast, energy friendly blockchain network is enjoying rapid traction in both the NFT and the DeFi spaces. The TEZ/DEV conference, which wrapped up on July 23, provided us with an in-depth look at the reasons why an increasing number of projects are looking to build on the Tezos blockchain. Tezos is well known for being one of the most environmentally-friendly blockchains around with an incredibly low carbon footprint, but few are aware of its blazing-fast transaction speed. Tezos can currently process an already impressive 40 transactions per second but it has ambitions to go far faster than that. At TEZ/DEV, it announced plans for a coming update due next year that will see it accelerate to an incredible 1 million transactions per second - making it by far and away the fastest decentralized network on the planet. To get an idea of how much faster that is than anyone else, Visa itself can only process around 65,000 transactions per second. This incredible speed target of Tezos is one of the reasons why some analysts believe Tezos could eventually become the gold standard for blockchain-based finance. A report by the Bank of America last year noted that Tezos is being explored by dozens of organizations that are looking at ways to make their business processes run faster and more efficiently. The report added that in terms of developer interest, Tezos is one of the most popular of all blockchains. In his keynote speech at TEZ/DEV, Tezos co-founder Arthur Breitman discussed his vision of the kinds of organizations he sees building on Tezos, highlighting his belief that it will become the platform of choice for financial services firms. DeFi on Tezos is already growing fast, thanks in part to the recent launch of Tether USD on its blockchain. With USDT now available on Tezos, it vastly simplifies the on-ramp and off-ramp into Tezos's DeFi ecosystem as it provides users with the safe-haven of a stable asset from which they can move into, and out of, positions. The DeFi community on Tezos has moved quickly to embrace USDT. Within hours of its launch, the Youves DEX voted to create USDT trading pools, and currently offers USDT holders with long-term farming rewards of up to 15% APR. Another DeFi protocol to accept USDT is Plenty, which offers incredible long-term annual yields of 40% and 34%, respectively, in its kUSD/USDt and uUSD/USDt farms. Meanwhile at QuipuSwap, users have created a tez/USDt pool with similarly enticing rewards. Moreover, the Atomex Wallet has introduced atomic swaps with USDt on Tezos. The potential of Tether USD on Tezos was not lost by major cryptocurrency exchanges either, with both Binance and Bitfinex announcing they'll support trading almost immediately after its launch. The support of Binance is interesting because it opens the door to other stablecoins potentially looking at Tezos. Bitfinex has been especially accommodating, making it possible to deposit and withdraw USDT. What's more, all types of USDTs are unified for trading purposes, meaning users have the flexibility to deposit ERC-20 USDT, trade with it, then withdraw it on Tezos. Tezos Chief Technology Officer Paolo Ardoino said at the time that Tether USD was sure to aid Tezos's future ambitions. "Tezos is coming fast onto the scene and we believe that this integration will be essential to its long-term growth," he added. Elsewhere, Tezos continues to make rapid inroads in the NFT space. NFTs have been one of the biggest success stories for Tezos, due in part to its low carbon impact. Artists tends to be more environmentally conscientious than most and the appeal of Tezos's "clean NFTs" has made a big impact. Numerous high-profile artists have launched collections on its blockchain, among them Doja Cat. More recently, there have been rumors that Spotify is looking at using Tezos for its own music NFT projects. To give you an idea of where this might be headed, check out the OneOf music NFT marketplace on Tezos, where users can trade digital assets without even realizing that everything is based on blockchain technology. There are other reasons to believe in Tezos too, with recent partnerships and sponsorships with sports teams like Manchester United, the New York Mets, Red Bull Racing and McLaren providing tons of optimism for its future. These sponsorships will ensure Tezos benefits from greater visibility beyond its immediate audience and help it to continue to expand its horizons. 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 agocoindesk
Blockchain Payments Platform Ansible Labs, Founded by Visa Alums, Raises $7M
The startup is building a bank-grade off-ramp for Web3 transactions.
11 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.
13 days agocryptodaily
Gaia Relaunches Bitcoin ATMs in Japan
Japanese crypto exchange Gaia has recently announced that it will be relaunching BTMs (Bitcoin ATMs) in the country, with the new machines supporting popular cryptocurrencies such as Bitcoin, Ether, Bitcoin Cash, and Litecoin, among others. Bitcoin ATMs have been around in Tokyo since at least 2014, but because of the decline in usage, developers and firms supporting these machines have pedaled back and discontinued production. This is hearkened by the collapse of Coincheck in 2018, a popular exchange at the time which was exploited for some $530 million, effectively crippling Japan's local crypto sector. In late 2014, another tragedy hit the country's burgeoning crypto scene at the time, with the downfall of Mt. Gox, an infamous crypto exchange which has since been shut down. It appears that the country and its private sector has rekindled its commitment to fostering the growth of the market. This series of events prompted the Japanese government to relegate regulatory oversight to an independent and self-regulatory agency, the Japan Virtual Currency Exchange Association (JVCEA). With the reintroduction of crypto ATMs in the country through the initiatives of Gaia, Japanese prime minister Fumio Kishida has called on the JVCEA to hasten its screening process to expand its listing for new digital assets, with a particular focus on local exchanges. With the reintroduction of crypto ATMs, key locations in Tokyo and Osaka are being targeted by Gaia. This is a significant move by Gaia, as it not only signals a resurgence in confidence in cryptocurrencies by the firm, but also suggests that there is still public interest in digital assets despite the bear market. ATMs will provide individuals with a way to easily and quickly buy or sell cryptocurrencies, which may help to further increase adoption and growth for the crypto sector in Japan. According to Gaia, they initially plan to set up at least 50 such crypto ATMs across Japan, with a working timeline of 12 months. Further, Gaia plans to be able to install 130 within three years. The ATMs are capped at 100,000 Japanese yen per transaction, with the withdrawal capped to 300,000 yen per 24-hour cycle. These specifications for withdrawal are in compliance with the country's existing Anti-Money Laundering laws. Prospective users are required to register with Gaia and receive a card which will provide them with access to the ATMs. Users may also send crypto assets to the BTMs through Gaia's mobile app. While the ATMs would themselves not serve as a crypto-fiat ramp, these will be very useful for users who may need spare cash of up to $700 (the rough equivalent of the per-transaction limit) for daily needs and expenses. The decision to relaunch crypto ATMs in the country marks the first time that a locally-registered crypto firm will do such a project in Japan. Previous crypto ATMs were deployed by foreign firms looking to service the country's growing crypto user base, a few years back. The Japanese government has also been making strides, in particular with the emerging sectors for Web3. The country recently opened a Web3 Policy Office under the supervision of its Ministry of Economy, Trade, and Industry (METI). This office will be tasked to work on the development of "innovative business environment(s)" for Web3 firms, alongside regulatory frameworks that would support these firms as they establish the country's Web3 infrastructure. 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.
14 days agocointelegraph
Gucci becomes first major brand to accept ApeCoin payments
Gucci has ramped up its Web3 initiatives by allowing crypto nerds to purchase its products with ApeCoin in its stores, adding to a list of 12 other digital assets it accepts for payment.
15 days agocryptodaily
Coinbase Prime Brings Ethereum Staking To US Institutional Clients
Coinbase announced in a blog post published on Monday that Coinbase Prime was adding Ethereum to its growing list of staking options for US domestic institutional clients. This offering allows another avenue for financial institutions who wish to enter the crypto space but are unsure how to do it. Another Option For Institutions Coinbase’s new offering gives institutions that have been eying the crypto industry’s burgeoning growth another crypto on-ramp to enter the space. The option of staking and generating yield could interest larger firms looking to park their funds and accrue interest. Apart from Ethereum, Coinbase Prime will also be offering staking tokens for other blockchains such as Polkadot, Solana, Cosmos, Tezos, and Celo. Interested clients will be able to create a wallet, decide the amount they wish to stake, and initiate staking through their Coinbase asset page on their Coinbase Prime account. Coinbase will hold the withdrawal keys in the company’s cold storage custody vault, and staking transactions would be required to reach a consensus before execution. Much Ado About Staking Staking offers passive income on assets already held in custody by allowing them to provide valuable work in the form of security to the blockchain. Ethereum rewards stakers that act in the network’s best interest and punishes those that act against the network or fail to secure the network for any reason. This makes it essential to stake with a reputable staking partner that could help to minimize risk while maximizing rewards. Staking assets can be compared to earning compound interest. However, this is different from traditional markets when dividends are reinvested. Staking rewards are paid in the form of the token that users have staked, and users will be able to reinvest these tokens, earning a significantly higher payout. The staked tokens are also typically stored in their respective wallets allowing users to earn yield without rehypothecation. Ethereum’s Shift To Proof-of-Stake With the Ethereum blockchain transitioning to the Proof-of-Stake consensus algorithm, validators who have staked ETH will replace miners in running and securing the Ethereum network. As a result, staking will be playing a significant role in the blockchain’s future, and there could be a significant increase in rewards accrued through staking. Coinbase had predicted at the beginning of the year that it expects ETH staking rewards to hit 12% APR once the merge had been completed. At the time of writing, data from StakingRewards shows that yields on staking pools had an average reward of 4.08%. 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.
16 days agocryptodaily
World’s Largest Metaverse Builder Community SandStorm Launches Build Proposals for Brands
Tampa, United States, 1st August, 2022, ChainwireLeading metaverse builder community SandStorm has released its highly anticipated “proposal and bid” platform. This metaverse construction market pairs brands with builders from top virtual worlds including Decentraland and The Sandbox, allowing brands to deploy assets and experiences on demand. Its decentralized approach aggregates the best builders to provide unparalleled quality and cost savings to brands pioneering the metaverse. Similar to on-demand marketplaces like HomeAdvisor and Upwork, SandStorm has already become a hub for thousands of the world’s best metaverse builders to find work. By connecting brands, individual builders, and full development studios of all sizes, SandStorm provides an innovative solution to how legacy brands like Walmart, Panera, and McDonald’s will enter the open metaverse. SandStorm CEO Steve McGarry said: “Physical location for work has become much less important for many of us over the last two years. At SandStorm, we believe the future of work will be primarily driven by an individual's skills and their ability to work on a team within the metaverse. As we move into a more digital society, asset creation skills for multiple virtual worlds showcased on a SandStorm profile will level the playing field for finding work.” The SandStorm platform highlights builders based on Skills, Availability, Communication, Quality, Deadlines, and Team Cooperation. It can be analogized to building a dream home in the physical world, but instead of hiring one local real estate development firm, choosing the best architect in Korea, the best roofer in London, and the best electrician in Canada. Operating in the virtual world, brands can select contractors based on their portfolio of previous work. Brands can submit a proposal to create an experience in The Sandbox, Decentraland, and soon five additional virtual worlds. Individual builders and development studios from all over the world then place bids using their SandStorm profile. Brands can then select their desired team with the guidance of SandStorm. Once the build is complete, a Transaction NFT (TNFT) is sent to all the involved builder profiles. This allows builders to share their role in the project and promotes the brand's build to their followers. Brand partners and builders review one another after the build is complete to ensure that all parties have the highest quality experiences. SandStorm CBO Matt Saricicek said: “SandStorm aims to lower the barrier to entry for brands as the minimum budget to submit a proposal is $1,000 USD for a small group of assets. Once these proposals are approved, they go live in front of over 2,000 verified builders to submit bids on projects of all sizes. “This is only the tip of the iceberg; there are countless other intelligent and creative individuals all over the world who are unaware of web3 and who will eventually multiply the present community and experiences on web3 by a factor of a thousand. The work of these incredible artists excites us, and we are thrilled to be contributing to this movement.” JP Morgan has projected the metaverse will be an $8 trillion market by 2030 and there is a massive need for builders and creators to generate content inside all virtual experiences. As SandStorm continues to organize the open metaverse construction market with an enormous amount of pricing data, builder education will play a vital role. By offering weekly interviews, workshops, and tutorials live streamed directly from their platform, SandStorm welcomes an average of 25 new builders into the space every day. As an on-ramp for eager new builders, SandStorm expects growth to be between 130 to 170 new builders per day by mid-2023. “We believe that the key to unlocking the potential of future generations is to establish an open platform where anyone can ‘build’ their own destiny by being a creator in the metaverse,” said SandStorm COO Evan Stafford. Learn more about how to get your proposal in front of thousands of the world’s best metaverse builders in Decentraland and The Sandbox HERE About SandStorm SandStorm connects brands with the best virtual world builders, driving down the barriers to metaverse entry. Using SandStorm’s unique “proposal and bid” platform, brands can submit a proposal, accept bids, and hire virtual real estate builders in desirable metaverses. Builders, meanwhile, can leverage their portfolio to connect with clients who will grant them a global audience and showcase their skills. Learn more: https://sandstorm.co/ContactsCEOSteve [email protected]
27 days agocoindesk
Venture Capital Firm NFX Adds $62.6M in Follow-On Investments, Including Crypto Companies
The venture capital will double down on high-conviction portfolio companies like crypto’s Ramp, Radicle and Celestia.
29 days agocointelegraph
Dubai to ramp up metaverse efforts with 40,000 new jobs
The emirate launches its Dubai Metaverse Strategy to create more than 40,000 virtual jobs by 2030.
60 days agocryptopotato
Bitcoin Breaks Down $20K: Crashes Below 2017’s Previous All-time High
Bitcoin’s price has just crashed below the iconic previous all-time high of 2017 at $20,000. This happens as the entire market tumbles amid rampant rumors and ongoing challenges. For the first time since December 2020, the price of BTC traded below $20,000 on Binance. As of writing these lines, the cryptocurrency dropped to a low […]
63 days agocryptopotato
3AC Massive Liquidation Rumors Run Rampant: ETH Crashes to 17-Month Low
Three Arrows Capital - a prominent cryptocurrency fund - is rumored to be facing massive liquidations as ETH prices keep crashing.
67 days agocointelegraph
Innovation in fiat on-ramps can overcome crypto's expensive card fees
Decentralized technologies are playing a vital role in onboarding new investors to the crypto and Web3 ecosystem.
68 days agocointelegraph
Swedish Central bankers snipe Bitcoin mining, cite rampant energy use
A report by the Riksbank makes the case for banning Bitcoin mining in Sweden over proof-of-work energy consumption concerns; Bitcoin Twitter was quick to react.
68 days agocointelegraph
Tether is ‘instrument of freedom’ and 'Bitcoin onramp,’ says Bitfinex CTO
Paolo Ardoino, chief technology officer of Bitfinex and Tether, made the case that Tether is a tool for human rights during the World Economic Forum in Davos, Switzerland.
69 days agozycrypto
Bank Of England Will Help Failing Stablecoins If The Impact Of The Implosion Would Be Huge
The Bank of England will help struggling stablecoins if the impact on the financial system is profound.      The government is proposing to amend a law that would bring cryptocurrencies into the purview of the apex bank.  UK regulators are ramping up their efforts to exercise greater control over the nascent cryptocurrency sector. Terra’s implosion […]
69 days agocryptopotato
South Korea to Establish Guidelines for Crypto Exchanges as Watchdogs Probe Terra Collapse
The main focus of the South Korean regulatory watchdogs is to ramp up investor protection and add more stringent market supervision.
74 days agocointelegraph
South Korea ramps up crypto investigations and regulations
South Korea announced Digital Assets Committee, launched an investigation and met with Asia-Pacific financial authorities.

About RAMP

The live price of RAMP (RAMP) today is ? USD, and with the current circulating supply of RAMP at 477,838,740.42 RAMP, its market capitalization stands at ? USD. In the last 24 hours RAMP price has moved 0.050665 USD or 0.96% while 0.062212 USD worth of RAMP has been traded on various exchanges. The current valuation of RAMP puts it at #380 in cryptocurrency rankings based on market capitalization.

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

RAMP Price? USD
Market Rank#380
Market Cap? USD
24h Volume? USD
Circulating Supply477,838,740.42 RAMP
Max Supply1,000,000,000 RAMP
Yesterday's Market Cap49,545,870 USD
Yesterday's Open / Close0.053022 USD / 0.103687 USD
Yesterday's High / Low0.146388 USD / 0.052364 USD
Yesterday's Change
0.96% ( 0.050665 USD )
Yesterday's Volume0.062212 USD
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