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Nfts

New ATH for #DBI Don't Buy InuWith the premint and whitelisting of his new #NFT's we have a seen a large spike of holders going from just 1700 to over 2200 Which has resulted in the price going up over 2.5X Just shows you the power of Metcalfe's law in Action In #crypto if you 5X the users The price should in theory go up 25X By squaring the user growth. So a 10X in users should see a 100X in price. This is why adoption is so critical for price performance. If #DBI can get to 10,000 holders from here it should meet my target of 13 cents , which is a log based bull flag.
DLong
by BallaJi
Bitcoin Ordinals: a new era for nfts or just a passing trend?Bitcoin NFTs are all the rage right now because of the launch and huge success of the "Ordinals" protocol. Ordinals provide a new way to create NFTs on the Bitcoin blockchain. The latest increase in Bitcoin resources is due to the launch of the CryptoPunks (Ethereum-based NFT) collection equivalent to Bitcoin. Although all the hype is meeting with mixed reactions from the web3 community. So what are Bitcoin ordinals? What are NFT ordinals? On January 21, software engineer Casey Rodarmor launched the Ordinals protocol on Bitcoin's blockchain. Each Bitcoin can be divided into 100,000,000 units called "sats" (short for Satoshi). This new protocol allows users and builders to inscribe each "sat" with data, known as ordinals. This data can also be smart contracts and then NFTs can be minted on them. In essence, the Ordinal protocol allows builders to create NFTs on the Bitcoin blockchain. Furthermore, one of the key distinctions between Ethereum-based NFTs and Bitcoin is that Ethereum NFTs usually point to off-chain data on the IPFS system. With this protocol, all data is inscribed directly on-chain. "An Ordinal is meant to reflect what NFTs should be, sometimes are, and what inscriptions always are, by their very nature," Rodarmor says. This new ecosystem could benefit the NFT industry in general by enhancing the very concept of digital collectibles. In addition, because of the entirely on-chain data enrollment for Ordinals, Rodarmor refers to them as something beyond NFTs, calling them Digital Artifacts. How do Bitcoin Punks change the game? February 8th was just another day in the web3/nft space, until a Twitter profile with a dozen or so followers and a discord server with just 20 members appeared on the scene. To make the BTC Punks website, the team of developers checked the hash of every image uploaded to Ordinals and compared it against the original 10k punk images. The links to Bitcoin Punks are the first-seen inscriptions (lowest ID) that contain these hashes on Ordinals. After a few hours, everything changed, and the storm of bitcoin punks began. The fomo spread quickly on Twitter and among the various discords, with a real onslaught of inscriptions of these punks, even slowing down the bitcoin network. In many ways, Bitcoin Punks mean a new wave of NFT bitcoin, digital collectibles, and marketplaces. Bitcoin Punks are the first byte-perfect uploads of the original Ethereum CryptoPunks onto the Bitcoin Blockchain using Ordinals. The entire 10K collection minted out in less than 24hrs, with one Punk (#620) sold for 9.6 BTC (~$214,766.50). However, one of the problems with the project at the moment is that there is simply no market to buy and sell the cryptocurrency once minted. But this, of course, does not prevent the Web3 community from buying and selling the digital pieces. So far more than 80k ordinals have been inscribed on Bitcoin's blockchain. There has also been a backlash against the entire protocol from Bitcoin maximalists. According to them, the whole idea of Bitcoin NFT is against Bitcoin as a financial resource. Some even argue that Ordinals are just a waste of network space compatible with Bitcoin. How to actually purchase ordinals? To purchase an NFT Ordinal , one must first download a Bitcoin-compatible wallet. I've been using a Sparrow since the beginning of this new "meta". Once done, the user must then follow a detailed guide from GitHub to make the BTC wallet compatible with Ordinals. Next, the user must run their Bitcoin node and inscribe an ordinal (which would not be possible with bitcoin punks now since the project has been minted). Then there are two other options available for people to purchase a BTC Ordinal NFT. Using Emblem Vault and buy ordinals on OpenSea, with ethereum. Emblem Vault is a tokenized multi-asset wallet on the Ethereum blockchain that can contain one or more tokens or NFTs. You can use Emblem Vault to trade portfolios of NFTs and cryptocurrencies, including assets from different chains, as a single token. Most of the nfts collectors are using Emblem to buy and trade NFTs on Bitcoin. The other easy way is to find ordinal owners and purchase it from them directly (OTC). Owners can be found on Discord servers. Browsing the link-your-project channel on their discord allows users to explore what Bitcoin projects are out there. This is, of course, a huge risk for potential customers, as the sites and discords could be total rugs. Also, unless there is trust between buyers and sellers of the project, it can lead to scams and fraud. In addition, BTC ordinals can take hours or even days to appear in your BTC wallet. Create an Inscriptions. Moving on, if you want to create/register an Ordinal yourself, there are services out there that allow this. The services allow users to register them without actually running a node. For example, the popular Bitcoin project Satoshibles has created an OrdinalsBot, which allows users to inscribe NFTs into their Bitcoin wallets. I personally used OrdinalsBot to inscribe Bitcoin Punks during the first day of "mint".
by cryptohubble
$KATA potential for a 10x$KATA team has been keeping to their road map and meeting goals. The narrative is strong. Gaming/NFTs From what I know, it's currently sitting near the pre-sale price which means you're not paying VCs to get in. If they wanted out, they are already out. Anyone left is dedicated to this project. It's worth the downside risk to play this given the upside. Really just needs to word to spread to generate a mind blowing move to the upside. dexscreener.com -------------------- Katana Inu is a play2earn metaverse NFT-Game in an interactive openworld - All skins and weapons are NFTs. A project that focuses on driving Gaming & NFT crypto innovation through its innovative game offerings with auto staking in in-game reward method. In our game the players can fight for NFTs which will be airdroped in the game, and can be sold at the marketplace or the player can wear it in the game. The best players in the game per round will earn rewards. Katana Inu is one of its own kind project using Defi protocols to provide its users with the best gaming experience in the blockchain space with its PC-Graphics game which is an open world Battle royal with NFTs. Katana Inu game, all in-game items will be NFTs it will be, play2earn with free2play for all in an open world map team vs team or 1 vs all to increase the awareness of the NFTs around the world. Katana Inu also Provide its user's an NFT-marketplace on layer 2 solutions on Eth which allows artist from around the world to mint their NFTs with 0% of the Gas fee. Katana Inu will also allow other games to integrate with its NFT-Marketplace and use NFTs as their in-game items. Katana Inu also use Defi protocols to allow its users with high Apy with its staking mainnet.
Long
by vccrypto
Finally, Robinhood has entered the software wallet sector. Wallet users can now view their owned NFTs and coins. Robinhood Wallet was created to compete with MetaMask. Robinhood has recently entered the software wallet market. The crypto business released the Robinhood Wallet, accompanied by smartphone software that allows users to exchange and send cryptocurrency. Furthermore, users may now view their own NFTs and crypto. Currently, over 1 million waitlisted consumers have access via an access code. Last year, the stock and cryptocurrency trading company Robinhood collaborated with Polygon to build the wallet, a self-custody, Web3 wallet. The trading platform only released a test version of its Web3 wallet for iOS. In May 2022, it was made available to the first 10,000 users who signed up for the waitlist. The wallet was first housed on the Polygon blockchain, allowing users to trade and switch cryptocurrencies while incurring no basic network fees. Johann Kerbrat, a chief technological officer of the Robinhood Crypto & Trading Platform, made the announcement public. Johann also revealed that Robinhood Wallet simplifies the complexity of Defi and web3 to make cryptocurrency more accessible to everyone. Polygon, as the preferred blockchain network for Robinhood, provides speed, scalability, scalability, cheap network costs, and a wealthy developer environment. Robinhood's partnership with Polygon began in August 2022, when the platform launched functionality for MATIC withdrawals and deposits on the proof-of-stake (PoS) chain. The whole story of the Robinhood wallet release might be confusing because of the changes that took place in the last couple of months. Previously, the crypto platform introduced a new transfer feature on its original trading app as a “Crypto Wallet” product. The feature was launched in beta in January 2022, and it allowed Robinhood users to transfer crypto to and from the platform. Technically, it wasn’t a crypto wallet as it’s almost the same as how users can transfer crypto to and from Kraken, Coinbase, Binance, or any other crypto trading platform. The wallet that is now officially rolled out today is considered more like Phantom, MetaMask, or the Coinbase Wallet. The Robinhood wallet released now is a completely different product which is purposely housed in a separate standalone app to allow users to have maximum control over their crypto. The new app provides access to more advanced features, like NFT marketplaces and connecting to decentralized apps.
NASDAQ:HOODLong
by DEinvestment
Crypto collective intelligence platform to price illiquid assetsWhile the valuation of tokens on-chain and on DEX/CEX exchanges is easily achieved through a traditional order book or various AMMs, there are still massive problems valuing NFTs, pre-IDOs/IPOs, secondary tokens and other illiquid assets. The problem goes so far that even in traditional finance, valuing illiquid assets is usually costly, subjective and involves a lot of work. Lithium addresses the issue of unavailable pricing information of illiquid assets by bringing in accurate pricing through collective intelligence and tokenomics. Lithium is applicable to both digital and real world assets, all Price Seekers have to do is to submit their enquiry attached with a bounty offer to receive genuine pricing information from Price Experts who in turn, are incentivized by our platform’s tokenomics. Dates to remember: Testnet product release (Matic): Target Launch Jun 30th, 2022 Mainnet Beta product release (Matic): Target Launch Sep 30th, 2022 Investors: Almaeda research, Pantera, FBG, Petrock, and much more known VCs. About 25% of the tokens are already in circulation, the remaining 75% will be elicited over the next 4 years, including staking rewards as an incentive for participation in pricing.. We are currently (to this date) 50% below the seed price (0.003$). Potential: The idea and potential to fill a gap in the market that both DeFi and the traditional world are truly unique. The core team has specific knowledge and experience for this project. It is also that the team, with its very many known investors, has a very large network, with extensive ressourecn and enough capital to make ends meet over the next few years. As we are currently below the seed price, the risk/reward ratio here is more than good. It's quite unusual to get into a promising project below seed price of known brands such as Pantera. Short-term: TP: 0,003, 0,0045, 0,006, 0,01, Mid-term: 0,03, 0,06 , 0,1 Long-term 0,15 , 0,20, 0,50 This is not a recommendation to buy or sell or trade $LITH tokens. Do always your own research and never invest more than you can afford to lose. This is not an investment advise.
by Lobotto
1
"Exploring the Future Potential of Non-Fungible Tokens (NFTs)"Non-fungible tokens, or NFTs, are digital assets that are gaining popularity in the world of online gaming and digital art. NFTs use blockchain technology to ensure that each token is unique and cannot be replicated, making them a secure and verifiable way to prove ownership of digital assets. One of the main benefits of using NFTs is that they can be easily bought, sold, and traded on online marketplaces. This allows creators of digital assets to easily monetize their work and for collectors to easily acquire and manage their collections. A growing use case for NFTs is in the world of digital art. Artists are using NFTs to sell their digital creations and prove ownership and authenticity to collectors. This has the potential to revolutionize the art world, making it easier for artists to reach a wider audience and for collectors to own and trade digital art. In addition to providing a secure and verifiable way to prove ownership and authenticity, there are several other benefits to using non-fungible tokens (NFTs). One of the main benefits of NFTs is that they are easily transferable. Because they are built on blockchain technology, NFTs can be easily bought, sold, and traded on online marketplaces. This makes it easy for creators of digital assets to monetize their work, and for collectors to manage and trade their collections. Another benefit of NFTs is that they are easily customizable. Because each NFT is unique, it can be customized to include additional information or metadata about the digital asset it represents. This allows for the creation of unique and collectible items that can be easily verified and authenticated. Finally, NFTs have the potential to open up new revenue streams for creators of digital assets. By providing a way to easily monetize their work, NFTs can help creators generate income from their creations and potentially even turn their passion into a full-time career. Overall, the use of NFTs is an exciting development in the world of digital assets. They provide a secure and verifiable way to prove ownership and authenticity, and are opening up new opportunities for creators and collectors alike.
BITFINEX:ETHUSDEducation
by JoelWarby
2
🕹️ ENJIN -NOT CLEAR YET 🍊ENJIN is a project I am emotionally attached to. Then again it's great that the chart saves me from some emotional mistakes: Chart demanded short positions here: Chart demanded more short positions here and an unhappy face here: AT this stage, ENJIN has NOT Broken higher yet but chances are increasing My Trigger (alert and Buy orders) ar at 0,319 with a stop loss at 0.298 I think that very soon it could be time to feel that 'Start your ENJIN' excitement. One Love, The FXPROFESSOR
Long
by FX_Professor
7
📉FIFA Launches NFTs on Algorand 🏆 (ALGO/USDT analysis 🚀 ) 📈FIFA Launches NFT Platform on Algorand in Run-Up to World Cup! With the 2022 World Cup just months away, FIFA, soccer’s global governing body, has announced it will launch an NFT platform for soccer-themed digital collectibles. “Just like sports memorabilia and stickers, this is an accessible opportunity for fans around the world to engage with their favourite players, moments and more on new platforms,” said FIFA’s Chief Business Officer Romy Gai, in a statement. so funda says, Algorand is now an apt option for possible growth ,even in this bearish market for couple month ahead ! 📊Technical POV: Although I've already analyzed Algorund on the weekly timeframe before ,but also in the daily perspective ,we can see more obviously , ALGOUSDT is trading on a support zone and struggling with a descending trendline ,so if holds this current lvl and breaks out this line then can see higher prices and Resistance zones ! ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💚 if you're fan of my analyses please follow me , drop a comment 🗯 and Boost me 🚀🚀
by PRO_SMART_Trader
15
Royalties and Copyright: How DAOs Will Facilitate These in Web3So the reality of the NFT marketplace right now is that there is no way to technically enforce royalty payments for artists since it's up to the platform to decide to honor that or not. (Search the phrase online and you'll see that it's the talk of the industry right now - this includes the original artist for those monkey jpegs too, btw - she was left out of the equity deal and basically got nothing.) There might be a way to close this loophole at some point but for now, it's something both artists and collectors need to be mindful of if they really care about the ideals of Web3. The blockchain can be a double-edged sword in this way - on one hand, everyone has more autonomy and freedom to do what they want, but it's probably unwise to assume everyone will be doing things in good faith. Some platforms are already advertising them ripping artists off as a 'discount". And there's nothing stopping them from undercutting other platforms who actually are honoring the royalties in good faith. If mp3 pirating apps and other Web2 content sites are any indication, we know that the tech industry as a whole tends to be more sympathetic to the one doing the undercutting than the ones honoring the deals...because "disruption" or something. There's an inherent distrust of collective action as a whole in the ethos of Silicon Valley right now, though that's another issue altogether. Either way, a lot of the money made in Web2 were done on the backs of artists and creatives basically doing things for free. That is how the business model works, at the end of the day. But this is also the reason why we have fake-news, false advertising, dystopian narratives everywhere, and why many techies don't get the status/prestige they think they deserve despite making so much money, working long hours, and screaming a lot on social media. There's 0 chance that you'll leave a positive legacy if you're constantly screwing over the folks who're writing the songs, after all. The "Web3" movement is more fragile than a lot of people think, since once you start looking into the details you realize how easily this whole thing could just become another iteration of Web2 with crypto-buzzwords thrown on top. Bitcoin is already there, Ethereum also on its way (we'll see if the merge will help them act together), Dogecoin wants to do the right thing but doesn't know how. Aside from the good doggie Doge (🐕🥰), the recession taking these projects down a peg or two wouldn't be a bad thing, imo - it'll open up avenues for more serious projects in the altcoin category to emerge. (I do like Tezos in this regard, which I covered a few times here too.) -- When I was in the Bay Area a few years ago, I still remember a few of my friends taking "gigs" where the job was to follow some rich family around and create albums/pictures of them - for their "legacy". Beyond cringey 😬 and usually a mask for the deeper personal issues that was lurking underneath. Not to mention Silicon Valley's obsession with the Singularity, anti-aging products, and artificial-intelligence that is an implicit confession that because they will definitely not be remembered after one generation, everything must be done in order to keep their influence artificially alive. That's the sort of ethos that we're living in right now - and also why I felt like I had to leave that place, just in order to maintain my sanity. (That latter part is TBD but can't imagine how worse it'd be if I was still there, honestly.) But it's the sort of race-to-the-bottom, screw-the-creator-at-all-costs types of "content" that are perfect candidates for ending up on the trash-pile of history - which will probably include most Web2 platforms and its affiliated leaders right now. If people wanted boredom, hopelessness and gaslighting, all they have to do is go to the status quo - Web3 was supposed to be arbiter to bring something different, not more of the same. Most of the smart ones in the large, powerful institutions saw the writing on the wall and left years ago - the ones still hanging on are probably the first to go when the recession hits and people's priorities start to change. So what can be done? Well, the good news is that DAOs and blockchains allow us to organize and track things objectively, artists can collectively judge whether or not a platform is doing things in accordance to their interests and needs. In a few years, I think I can see these DAOs - neither a private company nor a traditional union - influencing the market by making recommendations to both artists and collectors out there about which platforms to use...and if the platforms want to actually survive long-term, they have to comply. This is one very practical application of a DAO (which functions similar to industry associations, trade-unions, performance rights organizations, or standard-settings orgs like ICANN or W3C) and there are many more to come - though it will require the artist to take a more active role in defending their self-interests more than they have in recent history. I know that there's a lot of artists out there who have abandoned all hope at this point - but the time to give up isn't now. Some of history's biggest achievements were done through DAO-like orgs and the idea of it becoming a thing in the near future should be a good thing, over all. The blockchain is there for us to organize ourselves, hold people and parties accountable, and most importantly GET ARTISTS PAID. That's the thing that will solve the world's "fake news" problem, and the overall malaise and hopelessness that we're experiencing now as a whole. Real art doesn't just parrot an agenda - it tells the truth, after all. The work is just beginning now, if anything. typed.art
Long
by RyanTanaka
APECOIN OpportunityWe can see that APE is on a strong upward trajectory out of a recent consolidation that was put in from mid-June to mid-July. I am looking for this uptrend to continue using the support of that consolidation at least over the next 10 days and have a target of approximately $9.50. I will leave it up to you as to where you want to leave your stops and where to take profit. So far, the trend is intact. I will look forward to seeing how this idea plays out. I believe the demand for APE is inherent as the developers of the Bored Ape Yacht Club have created an incredible ecosystem. FTX:APEUSD
FTX:APEUSDLong
by redykhouse
ETH Daily TA Cautiously BullishETHUSD Daily cautiously bullish. Recommended ratio: 85% ETH, 15% Cash. *Cryptos, Equities, Commodities (aside from Oil) and Futures are all up; while DXY, Oil (due to recent increases in global output capacity) and Treasuries are all down. There's been a clear shift in market sentiment after the Fed raised another 75bps and Powell gave a couple of hardly dovish hints in conjunction with a full-court press by the White House in shutting down fears of a recession. SEC Chair Gary Gensler said today that the SEC is ramping up moves to get crypto exchanges registered with the SEC . Ethereum devs yesterday confirmed that the Merge is on schedule and is expected to launch on Goerli, the final testnet before launch on Mainnet, on ~August 11th; the estimated date for launch on Mainnet is 09/11/22 . AMZN and AAPL both beat on top and bottom lines today (earnings and revenue) sending their shares higher after-hours; this earnings beat can largely be credited to inflation pushing up prices. Overall, things are bullish in the short-term unless economic data tomorrow surprises significantly. Economic data tomorrow: Employment Cost Index (ECI) (a number Fed Chair JPow said to look out for in yesterday's FOMC press conference) reports tomorrow (07/29) at 830am EST; PCE numbers (the Fed's preferred gauge of inflation in Personal Income and Outlays report) report tomorrow at 830am EST; University of Michigan Consumer Sentiment Survey (which gives a more detailed look into personal finances) reports tomorrow (07/29) at 10am EST. Things to note about the aforementioned economic data: ECI is reported quarterly so this number is expected to be down from where it was three months ago, this may be viewed as bearish in the short term because it would signal that the job market is beginning to slow down which would renew fears of a recession; PCE numbers also lag by about 3 weeks but are still central to the Fed's assessment of the inflation situation, so if the Index is higher/lower this would be bearish/bullish; as for Consumer Sentiment it will likely reflect some kind of relief from OPEC and the USA raising oil output caps but will overall show that the consumer is still becoming defensive toward inflation.* Price is currently breaking above $1711 minor resistance and will attempt to close above it in today and tomorrow's sessions on its way to retesting $1941 resistance for the first time since 06/06/22. Volume is Moderate (high) and currently on track to favor buyers for three consecutive sessions, this is bullish considering the Morning Doji Star pattern that Price completed by printing a Bullish Engulfing candle in yesterday's session. Parabolic SAR flips bearish at $1358, this margin is neutral at the moment. RSI is currently trending up at 69 as it aims to formally retest the 50/50 uptrend line from November 2018 at 71; if it breaks through that then the next resistance is at 77. Stochastic crossed over bullish at 67 in today's session and is currently trending up at 75, the next resistance is at 81. MACD remains bullish and is currently trending up at 103 as it aims to retest the upper trendline of the descending channel from August 2021 at 140; due to the proximity of 155 resistance it may retest that level as well. ADX is currently completing a soft trough and is beginning to trend up slightly at 30 as Price is pushing higher, this is bullish. If Price is able to rip through $1711 minor resistance , the next likely target is a retest of $1941 resistance . However, if Price is rejected at $1711 minor resistance then it will likely find a bit of support at ~$1550 before potentially retesting $1427 support . Mental Stop Loss: (two consecutive closes below) $1641.
COINBASE:ETHUSD
by dailytaguy
ETH Daily TA Neutral BearishETHUSD Daily neutral with a bearish bias. Recommended ratio: 48% ETH, 52% Cash. *SUPER SHORT-TERM BEARISH. Cryptos are currently seeing the Sunday/Monday scaries and it could translate into an overall bearish week if economic data (FFR hike, Consumer Confidence, GDP, and PCE) surprises higher and/or earnings from Alphabet, Amazon, Apple, Meta and Microsoft surprise lower. However, DXY is trending down as well and if it sustains more downward pressure it could help alleviate the aforementioned potentially bearish situation. Regardless of short term noise, the current estimated Merge date is 09/12/2022 and provides a bullish backdrop to Price action over the next month or so.* Price is currently trending down as it approaches its first test of $1427 support. Volume remains Moderate (low) and is currently on track to break a two session streak of buyer dominance if it can close today's session in the red. Parabolic SAR flips bearish at $1336, this margin is mildly bearish. RSI is currently trending down at 59 as it approaches a test of a triple support: the uptrend line from 06/18/22, the descending trendline from February 2020 and 55 support; this area should provide a lot of support. Stochastic remains bearish and is currently trending down at 88 as it approaches a test of 81 support. MACD is currently forming a soft peak as it trends sideways at 86, the next resistance is the upper trendline of the descending channel from August 2021 at ~156 resistance; it's also still technically testing 28 support. ADX is beginning to trend down at 30 as Price sees selling pressure, this is mildly bullish at the moment because it indicates that there is a momentum shift. If Price is able to bounce here then it will likely face a bit of resistance at ~$1600 before potentially testing $1711 resistance for the first time since breaking below it on 06/10/22. However, if Price continues to break down here, it will likely test $1427 support for the first time since breaking above it on 07/18/22. Mental Stop Loss: (one close above) $1611.
COINBASE:ETHUSD
by dailytaguy