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Showing posts with the label altcoin news

Presale of the Year: Meta Masters Guild Reaches $3.8 Million Raised – The Next Big Thing?

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Source / Meta Masters World Shockwaves have rumbled through the GameFi industry as the Meta Masters Guild presale skyrockets to a jaw dropping $3.8m raised. With the pre-sale hard cap target of $4.97m within touching distance over the next week. This project could become GameFi's hottest presale of the year. A huge vote of market confidence in Meta Masters. Tipped to be a leading ecosystem within the expanding GameFi sector, Meta Masters Guild is setting out to shake up the space. A project built by gamers, for gamers.  Play-2-Earn is a good idea, everyone would love to earn money by playing video games. But if it overshadows the actual gameplay and immersive experience, then it isn't entertaining. That's why Meta Masters Guild has set out to launch an ecosystem that hopes to foster genuine, high-quality game development in the space. To achieve this, Meta Masters Guild has partnered with a leading AAA-rated game studio: GameAround. Famous for delivering...

Bank of England and Treasury Explore Possibility of Launching a State-Backed 'Digital Pound'

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Source: AdobeStock / lazyllama The central Bank of England and the UK Government will today, reportedly, formally start a consultation for the 'digital pound'. A state-backed digital pound is in the plans for the country, and it may be launched "later this decade," according to the PA Media Group, via Yahoo News. The Bank and the Treasury will create a road map to "potentially introduce a new central bank currency" (CBDC), it said, suggesting that this is still just a possibility. The decision on whether the digital pound will indeed be issued will not be made for a while longer. Still, the process has begun.  The consultation will last for about four months, with the design phase to follow until 2025 at least. Only then will a final decision on this asset be made. If they decide to go for it, the launch would require significant investment, and this would happen sometime in the second half of the decade, moving towards 2030.  Per the ...

New Filing Shows FTX Creditors Include Netflix, Apple, Binance and Coinbase

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Source: YouTube | ABC News The FTX creditor list is a document that reveals the extent of the crypto enterprise's reach and the impact of its bankruptcy. The list is 116 pages long and includes notable companies such as Netflix and Apple. However, it should be noted that 9.7 million customer names have been redacted from the document. According to a court filing from Wednesday, FTX has debt obligations to a variety of institutions including media companies, universities, airlines, and charities.  Some notable examples include publications like the Wall Street Journal, Fortune, Fox Broadcasting and CoinDesk, crypto companies such as Coinbase and Binance, and airlines American, Spirit and Southwest. The document also includes the Gisele Bundchen Charitable Giving as a creditor. The Brazilian supermodel and her former partner, Tom Brady, were known to have invested in the company and even featured in one of its advertisements during a major American football event...

Bitcoin and Ethereum Prices Jump 8%: How Far Can The Rally Go This Weekend?

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Bitcoin (BTC), the world's largest and most popular cryptocurrency, has prolonged its strong winning streak and reached its highest level since mid-September, about 22,687. Meanwhile, the second largest cryptocurrency Ethereum (ETH), is also experiencing a significant rise as It has increased by roughly 7% to $1,656, reaching a four-month high. The rally for ETH could be attributed to the risk-on sentiment in the cryptocurrency market, which has supported all digital coins, including BTC and ETH. Despite news that Genesis Global Holdco LLC, the company that owns cryptocurrency lender Genesis Global Capital, has filed for Chapter 11 bankruptcy, the cryptocurrency market has continued to rise. This might be because investors had already priced in the company's impending issues. It's worth recalling that the Genesis company was affected by the aftermath of the failures of the crypto exchange FTX and, more recently, the crypto hedge fund Three Arrows Capital...

Crypto Market Cap Tops $1 Trillion - Could It Reach $5 Trillion by Year End?

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com The cryptocurrency market has enjoyed a significant surge in the past week, with coin prices rising significantly and investor sentiment growing. However, after crossing the trillion-dollar peg recently, what are the chances of a 5x growth for the market this year?  Crypto Market Posts Gains as Inflation Cools  Entering 2023, the crypto market appears to be on track to recoup some of the losses suffered last year. Coin prices are increasing significantly, with the broader market also posting impressive gains.  The crypto market is currently valued at $990 billion. This is the first time it has reached this level since November 2022, before the collapse of the now-defunct FTX cryptocurrency exchange. Significant increases in several top coins drive the current gains in the market. Investor sentiment toward digi...

Best Coins to Buy Today 14th January - SOL, MEMAG, COMP, FGHT, ADA, CCHG, COMP, RIA, AVAX

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The cryptocurrency market increased by 7.50% in the last 24 hours as it began to ride a wave of economic data, reaching a total capitalization of $974.43 billion.  The currency's value has risen by 11% in the last week due to recent improvements in US inflation data and signs of economic growth in Europe, raising hopes that the worst of the world economy's downturns in 2022 may be over.  Even though today's market movements are encouraging, a few cryptocurrencies have outperformed. Anyone looking to invest in cryptocurrencies and earn long-term returns is in luck. Best Coins to Buy Today 14th January  The best alternative currencies to buy right now are SOL, MEMAG, COMP, FGHT, ADA, CCHG, COMP, RIA, and AVAX. Solana (SOL) The SOL/USD pair is trading at $22.20 on January 14, with a 24-hour trading volume of $2 billion. The current market capitalization is $8 billion, and the present position is 11. Solana (SOL), a blockchain with two independent validato...

The Next Big Metaverse Coin is RobotEra - Invest Early in This Crypto-Powered Roblox in Space

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In recent years, the metaverse—defined by Merriam-Webster as "a highly immersive virtual world where people gather to socialize, play, and work"—has been receiving considerable recognition from tech giants and banks who have invested heavily in this tech.  Reports suggest that its worth could reach up to a staggering $13 trillion by 2030, making it an invaluable component of our future internet experience. Part of that value will likely come from the next big metaverse coin, of which an upcoming metaverse world building game, RobotEra, is a good contender. The emergence of the metaverse is expected to change how the world looks at human interactions, work, and play. Experts predict that innovation in this new sector could be on par with disruptive innovation associated with the internet itself while empowering the creator economy. In the past few years, Web3-related metaverse gaming has experienced tremendous growth with projects like the Sandbox, Ax...

Join the Exciting World of the Metaverse with This New Crypto Project – Get Early Access in the Presale

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RobotEra is an exciting new metaverse project that has been consistently gaining traction in their presale over the course of the last few weeks. The team have now managed to successfully raise over $650k and show no signs of slowing down.  During the previous bull market, some of the best performing assets were the native tokens for different metaverses such as SAND, MANA, ILV, and AXIE.  However, since the peak in 2021 these projects have been consistently losing market share to newcomers, and investors are looking elsewhere to find the projects that can offer them the highest returns.  RobotEra is one such project, which although still small, has the attention of many investors thanks to their target on the niche of AI and robotics.  Build cities and planets with the help of robots  Those who want to build in the RobotEra metaverse can do so with the help of robots, who will help them to create their own cities and planets. Each metaverse ...

Join the C+Charge Presale and Help Democratize the Carbon Credit Industry Through Blockchain Technology

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. New eco-friendly crypto project C+Charge will help democratize the carbon credit industry as well as incentivize Electronic Vehicle ownership through its new app. The project, which has only just launched the first stage of its CCHG token presale, will utilize blockchain technology to reward EV drivers while they recharge. It will also provide vital diagnostic information on charging stations and help pricing become more uniform at charging stations. Visit C+Charge Presale Now What are Carbon Credits? Carbon credits are permits that allow the holder to emit greenhouse gas into the atmosphere. One carbon credit equals one ton of CO2, as the credits are produced by companies and projects that are good for the environment. For example, EV manufacturer Tesla can raise billions annually by selling carbon credits to less carbon-...