mylitecryptogametech

This year, well-wishers are donating more money in form of crypto donations to non-profit organizations having surpassed the $100 million mark compared to last year’s $4 million. This is according to The Giving Block, a popular crypto philanthropy platform through which non-profits raise money from well-wishers. 10 times more non-profits are also raising donations through crypto this year compared to last year. The increase in the number of non-profits accepting crypto for donations means crypto is this way going mainstream according to the CEO of The Giving Block Alex Wilson. He stated that over 1,000 nonprofits are currently accepting crypto donations through the platform. “Next year, we have a lot of partnerships that are going live and we expect our growth to accelerate. We’re estimating that we’ll process nearly $1 billion in donations next year and work with over 6,000 nonprofits.” Ethereum tops the list of most donated crypto on the platform at $6.52 million followed by s...

Key Takeaways Recent Bitcoin price volatility has been thanks to long position liquidations according to an on-chain analyst. Despite this, market sentiments are “semi-bullish.” Bitcoin price predictions for 2022 are still very optimistic.  The price of Bitcoin has been fluctuating in the past few days . Within the course of a few hours, the price rose to over $51,700 and abruptly dropped to as low as $48,200. The driving force of the volatility seems to be emanating from liquidations happening in the derivatives market. According to a Bitcoin on-chain analyst who goes by the moniker “On-Chain College” on Twitter, in the last few hours, the price of Bitcoin has been dropping as long positions get liquidated. Chart by @OnChainCollege Bitcoin liquidations data from Coinglass also supports this as it shows that over 75% of liquidations in the 24 hours time frame occurred in the last 12 hours. Out of $94.10 million worth of Bitcoin liquidations on the day, $71.04 million w...

Coge coin is the platform that mission is to save underprivileged animals around the world. ▼CogeCoin is a cryptocurrency that helps animals in need around the world Throughout history, we, as humans, have had a close relationship with animals. We’ve even kept them as pets, which we treat with the same affection as we would toward our family members. However, despite the bonds we have with animals, their rights are still taken lightly. Their habitats are being destroyed and pets around the world face abuse and abandonment on a daily basis.  This is where CogeCoin comes in. CogeCoin is a cryptocurrency that donates 20% of its total issuance to animal welfare organizations. The purpose of CogeCoin is to help animals in need around the world. We also want to help protect the environment while providing value to holders of $COGE. ▼Overview of $COGE $COGE is a token issued on Ethereum. In the spirit of being fair to everyone, we launched $COGE without a presale of its tokens, wit...

The Verlux team is elated to announce the long-awaited pre-sale of its $VLX token. The pre-sale round started on December 26, 2021. Meanwhile, it continues to work towards building the Cross-Chain NFT platform. Verlux is a community-driven decentralized Cross-chain NFT Marketplace open to users across the globe where they can mint, buy, swap, or sell their NFTs without spending excessively on gas fees while enjoying the security of the Cardano Blockchain. The objective is to create a global marketplace for users to trade NFTs on a wide range of blockchains that boasts the strongest security and full decentralization.  The novel feature of the Verlux Cross-Chain NFT platform is its Cross-Chain swap protocol, giving users the ability to swap their NFTs from other blockchains to the Cardano Blockchain to utilize the cost-effectiveness of the Cardano network. According to the Verlux team, “users of Verlux will be able to use NFT market where interoperability of NFT will become fu...

Idowall team is pleased to announce the release of its much-awaited IdoWallet for Trading and Staking Cardano tokens. The Idowall platform enables users to manage, research, and quantify their current and future Initial Dex Offerings (IDO’s) and Token Presales in the Cardano Ecosystem. IdoWallet is an exclusive application that allows users to store their private keys to send, receive, and spend digital currency under the Cardano Ecosystem. In addition, users can browse and use DeFi applications and even more. Notably, IdoWallet will enable users to stake $WALL tokens to farm and earn more ADA or stake ADA to earn more $WALL tokens. More so, Idowall’s utility token $WALL will power the IdoWallet.  $WALL as a Utility token will be used to pay for transactions charges and also serve as pairs for trading other Cardano token on IdoWallet.  The team at IDOWALL is working indefatigably to list $Wall token at a greater value on exchanges amid 1st Quarter of 2022 while launchin...

Blockchain games are in the middle of revolutionizing traditional gaming and right at the center of this exciting movement is the Aurory Project: a triple-A blockchain gaming studio with a mission to speed the global adoption of cryptocurrencies through incentive-based gaming. Aurory Project is creating an NFT-powered ecosystem with low-cost entry barriers, encouraging and enabling players from all over the world to take part. The company has announced that its next-gen game, Aurory, will have two main modes: a lore-rich PvE adventure and a competitive multiplayer PvP mode. The game will utilize similar play-to-earn mechanics that have made games like Axie Infinity very successful. Aurory is set in a retro-futuristic universe where the player is invited to explore the mythical world of Antik, complete quests, discover lost relics, defeat creatures and compete with other players using their ‘Nefties’. These magical creatures are designed as NFTs that can be caught, evolved, traded, a...

MetaSquidGo is a Web-based multiplayer online game, consisting of a strategic approach of PLAY TO EARN, through $MSQUID and $MWON. It is based on Meta technology consisting of a distinctive NFT gaming ecosystem, including various features on Marketplace. Players can win $MWON through Metaverse, depending on how much he involves himself in the game; as much he plays, he wins $MWON.  Alongside, players can sketch their own customized NFT characters through  $MSQUID and play with those NFT characters on Metaverse. MetaSquidGo consists of 15,000,000 total supply. However, 20% of total income is supplied for Staking, stabilizing its token in the Marketplace. Players can also win rewards in Metaverse through playing. This diverse platform introduces mainly two games, one is “Red light, Green Light ”, and the second is “Squid Arena ”. Red light, Green Light As the title says, in the game, the red light is the command of stopping for a player,  and the green light is a comma...

The year 2021 has been a great year for most cryptocurrencies. A lot of altcoins have posted impressive performances in terms of the valuation and adoption of blockchain networks. Several of the top performers this year are looking poised to extend their spectacular price growth into 2022. Five altcoins to keep tabs on come 2022 A few altcoins look promising going into 2022 for their price performance and adoption in 2021 and the promise they hold for the future. Dogecoin (DOGE) is one such altcoin. The cryptocurrency which was created as a parody of Bitcoin has been impressive this year. The price is up around 2,956.4% year-to-date (YTD). It has shown its potential price-wise as it surged to an all-time high (ATH) price of $0.75 in May. While its current price of around $0.19 is a telling 74.6% drop from its all-time high, the meme coin holds promise going into the new year. This is due to the backing it constantly gains from key market players including the CEO of Tesla , Elon...

The dog-based meme coin, Shiba Inu (SHIB) has been very popular for the greater part of this year . As the year draws to an end, its massive popularity has been put in perspective by CoinMarketCap, noting that SHIB was the most-watched cryptocurrency by users of the platform. SHIB is leading the memecoin rave CoinMarketCap has highlighted that Shiba Inu despite being the 13th biggest cryptocurrency by market cap was the most cared about cryptocurrency in the year as users searched for it over 188 million times on the platform. SHIB was followed closely by market leader Bitcoin which had over 145 million hits on the site. Not surprisingly, the leading dog-themed meme coin Dogecoin (DOGE) also made the list along with Cardano and Ethereum. These had over 107 million, 86 million, and 81 million views respectively. Via CoinMarketCap SHIB’s dominance is not unexpected as the meme coin has seen significant mentions growth in discussions on social media. According to a recent researc...

Owen Lau says Coinbase (NASDAQ: COIN) is his favorite stock pick for next year. The executive believes institutional interest in cryptocurrencies will increase in the coming months. Lau sees regulation as the only stumbling block to cryptocurrency adoption. In an interview with CNBC, Executive Director of Oppenheimer Holdings, Owen Lau, talked about his favorite stocks for next year. The financial analyst expects Coinbase to blow away the competition. Institutional Interest And Retail Payment Options To Pave The Way Coinbase’s stock (NASDAQ: COIN) is currently trading around the $254.55 price point and Owen Lau revealed that he expects the stock to get as high as $444 by next year as investors latch on the train. When questioned about the path he expects the stock to take to get there, he said, “increased institutional interest and retail payment options.” In addition, the executive expects that institutions will get more invested in crypto and not just Bitcoin. He tips “Eth...

Valkyrie and Kryptoin ETF proposals have been denied by the Securities and Exchanges Commission. The Commission gives the same reasons as WisdomTree’s rejection. ETF enthusiasts are eyeing February for a spot Bitcoin ETF from the SEC. The SEC has once again refused to approve spot Bitcoin ETF applications. This time the ETFs rejected are from Valkyrie and Kryptoin. No Breakthrough Yet For Spot ETFs In The United States The SEC in a decision released to the public has rejected the applications of Valkyrie and Kryptoin. The Commission gave reasons in line with those they had given in the past when they turned down similar products, citing the uncertainty of consumer protection and fraud. In their release, the SEC said that the corporations had “failed to demonstrate that their proposals are consistent with the requirements of Exchange Act Section 6(b)(5)” . In addition, they had added for clarity that the products did not show that they were “designed to prevent fraudulent and ...

The Turkish Lira is in sharp decline, at less than half its value against the dollar. President Erdogan seems determined to keep cutting interest rates despite falling values. Turks have turned to Bitcoin and USDT to hedge against the crippling effects of inflation. In the wake of the pandemic, inflation has become an increasingly pressing economic topic amongst world governments. For Turkey, the situation is even worse. The Lira’s Decline At some point early this week, the Turkish Lira had lost over 60% of its value this year against the United States dollar. Jarring statistics show that inflation in Turkey hit an alarming 21.7% in November. These numbers have left citizens in a bind as the swift fall in value shows little to no sign of slowing down. Unsurprisingly, the people of Turkey have turned to crypto as a hedge against inflation . As such, the crypto trading activity in the country has spiked with Bitcoin and USDT being the most adopted assets by citizens. The Turki...

Astra Protocol is thrilled to announce it has raised $9 million in its private sale to help in building its compliance layer. As things are progressively advancing for the platform, it has also secured solid backings from top-tier investment groups and individuals. Some of the esteemed investors in the project include Republic, DAOMaker, Fundamental Labs, Faculty, Richard Dai, and Wave GP Cardano. Jonathan Han, Partner at Republic commenting on the fundraising said:  “We believe Astra’s solution is a key part of the critical movement for DeFi to become mainstream. We are excited to back the Astra team who works diligently to bring the benefits of DeFi to more people and organizations”. Astra Protocol has secured further globally recognized partnerships with the world’s leading legal and auditing firms. Arthur Ali, Astra Protocol Co-Founder also commented, saying: “We are extremely pleased to announce the closure of our token raise and proud to announce strong backing from th...

Despite stepping back from the development side, the creator of Dogecoin, Billy Markus, remains an active voice within the crypto’s community. Markus has recently taken aim at some DOGE holders who are destroying the community from within. Billy Markus Criticizes ‘Counterproductive Tendencies’ Among Some DOGE Holders Markus, who created Dogecoin back in 2013 as a tongue-in-cheek aimed at Bitcoin, reposted a tweet from a member of the Dogecoin community that underscores his concerns.  The tweet in question highlights the most common topics discussed by DOGE fans, including ridiculing commission-free brokerage platform Robinhood, owning other cryptocurrencies besides the dog-themed coin, championing both NFTs and DOGE, among others. According to Markus, so many DOGE community members are actually great. However, there is a legion of fans that are displaying “counterproductive tendencies”. Markus Sets Sights On NFTs And Ethereum Bridge For Dogecoin Mass Adoption Dogecoin has b...

The Advertising Standards Authority (ASA), the United Kingdom’s independent advertising regulator, has reprimanded Arsenal FC for promoting its fan token ($AFC) and said the advertisements must not appear again. The ASA said today investigations into Arsenal’s fan token ads revealed they had breached UK’s advertising law. The ASA argued that the two ads, one on the club’s website and the other one a paid-for advert on social media platform Facebook, “trivialized” cryptocurrency investments and were “irresponsible” because they failed to highlight the underlying investment risk. Arsenal’s Fan Token Ad On August 6, Arsenal unveiled an advertising campaign for its fan token on its website claiming to elaborate everything users need to know about the token launched on July 12 in collaboration with Socios. Six days later, another ad appeared on Facebook which said fans who purchased the $AFC token would be given an opportunity to vote on which songs the leading UK soccer club would pla...

Key Takeaways Bitcoin miners unspent supply sitting just 500 BTC below its previous all-time high according to Glassnode.  The data asserts the bullish position of Bitcoin miners. Despite a high profit margin, Bitcoin mining still faces some serious challenges.  Bitcoin miners have been HODLing their mined Bitcoins according to data from on-chain data boutique, Glassnode. The unspent supply of Bitcoins held by miners on the network is sitting just 500 Bitcoins below its previous all-time high of 1.778 million Bitcoins. The miners’ unspent supply represents Bitcoins that miners received as the block reward for validating transactions on the Bitcoin network that have never been spent by the miners. Glassnode notes that miners began holding more of their earned Bitcoins in March 2020. Data via glassnode Remarkably, this development is coming after the Bitcoin mining hashrate reached a new all-time high this month , after falling more than 50% almost overnight in May...

EFUN, a pioneering peer-to-peer prediction platform based on the Binance Smart Chain has just announced the completion of its IDO on Pinksales, Coinsbit, and Launch Block. A big move that would serve as headway towards the official launch of the platform. In a bid to revolutionize the traditional sports book-making platforms while restoring the fun and excitement around games of prediction for crypto enthusiasts, EFUN has built a blockchain-powered, crypto-friendly, decentralized platform for prediction games on Web3 and the Metaverse. The platform is basically aimed at restoring the joy and engagement to the games of chance for sports and predictive events via human-to-human gameplays which has attracted massive supports from investors towards the completion of its public offerings. EFUN to Offer Exclusive Functionalities Aside Sport Bookings The platform is set to offer exclusive functionalities following its vision to better serve its users beyond the services of sports bookin...

Blockchain continues to conquer the world. A transparent and fair data accounting system seems interesting for different projects implementation. Today we will talk about a new project that began its existence at the intersection of blockchain and science. A short interview with the creator of the project, Alexander Movchan. Tell us about the project, what is it about The  Givetime.io  project is dedicated to science and medicine, more precisely, the ability of a person to influence his health, to fight diseases. I will describe within the framework of the general concept of the project: to have the opportunity, that is, methods, equipment, drugs – that will allow you to extend life in several situations. Nowadays that is impossible. I don’t want to talk about it superficially. The topic is voluminous. We have a goal – to increase the average life expectancy by 10 years until 2027. We work on it. Just an example. Today, the most common cause of death is cardiovascular dis...