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Showing posts with the label crypto news

What Are Generative Art NFTs & Are They Worth Collecting?

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Image by Unsplash Generative art has been around for decades. However, it recently made a comeback after about 60 years, thanks to the birth of non-fungible tokens (NFTs).  Read on to learn about generative art, how they made their way into the NFT space, and discover some of the most popular generative NFT art collections in the market today.  What Is Generative Art? Generative art is a term used to refer to art that is created using software. The program randomly creates shapes, patterns, and colors that are arranged into an artistically enjoyable piece of digital art.  Typically, the artist defines the process, and the resulting piece of art is generated by the software or program of choice, making it a collaborative effort between man and machine. For art to be described as generative, it has to have three elements: algorithms, geometry, and randomness.  If the art isn’t randomly generated, it would mean that the artist has decided upon ...

Crypto Savings Accounts: What Are They & Are They Worth It?

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Cryptocurrency savings accounts have grown in popularity among investors looking to earn a yield on their long-term crypto holdings. While these investment vehicles are not without risk, they enable investors to earn above-average yields, making them alluring to a range of different investors.  In this guide, we will explain how crypto savings accounts work and why you might want to consider setting one up.  What is a Crypto Savings Account? A crypto savings account is a saving offering that allows you to deposit your crypto assets and earn interest. Similar to regular savings accounts, the interest is paid out periodically, and you can withdraw your assets depending on the platform rules and the type of crypto you deposit.  Most blockchain networks offer a staking return (technically, it is no yield because staking yields mainly derive from network issuance), thereby paying something similar to interest to native token holders. Several centralized cry...

Investment DAOs: What Are They & How Do They Work?

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For a long time, venture capital has dominated startup funding, but that is slowly changing. Although the crypto industry is still at a nascent stage, a new funding approach is taking root, thanks to this new world. Investment DAOs are making it possible for anyone to invest in crypto projects and reap potential rewards. Read on to learn about investment DAOs and whether it makes sense or not to join one.  What Are DAOs?  A decentralized autonomous organization ( DAO ) is essentially a company that is governed by smart contracts.  Members within a DAO discuss proposals and make decisions that are then implemented using smart contracts. A DAO can function without human intervention and run uninterrupted because of its blockchain base layer. This conveys the fact that even if DAO members lose interest or exit the organization, the governing framework will still endure on the blockchain.  DAOs typically make decisions through voting procedures using ...

10 Coins to Buy Ahead of the Next Altcoin Season

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Disclaimer : The Industry Talk section Features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com. Altcoin season is a blanket term used to describe a period of time when investors flock to buy cryptocurrencies other than Bitcoin. Timing is everything, so this guide sheds some light on the top cryptocurrencies to buy ahead of the next altcoin season . We analyze a range of different altcoin projects for ultimate diversification - which includes presales, those that are new on the scene, and long-existing crypto assets.  10 Coins to Add to Buy Before the Next Altcoin Season Below is a quick-view list of the top 10 tokens to consider investing in before the next altcoin season begins. Dash 2 Trade - Best Presale Crypto Investment for the Next Alt Season IMPT - Trade Carbon Credits on the Blockchain Calvaria - NFT Card Game With Monthly Tournaments Lucky Block - Crypto and NFT Gaming Project With Giveaways...

Hearing Snubs, Attractive Cryptos, Phishing Exploits and 20 Crypto Jokes

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  For the beginning, here’s the most relevant news from the week behind us. Check if you missed something. A new CoinShares report showed dwindling volume on crypto investment products, and Reddit ‘digital collectibles’ trading volume shot past its all-time high, while the Japanese credit card giant JCB said it’s set to begin a CBDC pilot, Western Union filed three trademark applications associated with digital assets, JPMorgan was exploring digital identity wallets in Web3, the South Korean city of Busan signed collaboration deals with Crypto.com and Gate.io, and Circle turned bullish on the crypto industry in European Union. A report said the Web3 industry can add as much as $1.1 trillion to India’s GDP by 2032, a KPMG & Aspen Digital study revealed that wealthy Asian investors are keen on crypto, Apple updated its App Store Review Guidelines with more rules for crypto and NFTs, and Meta revealed its partnership with HEC Paris...

Top 7 Best Crypto Futures Trading Platforms in 2022

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Crypto futures offer traders and investors an excellent way to trade digital assets. To increase your chances of generating a profit in the crypto futures market, choosing a secure and liquid crypto futures trading platform is essential.  Read on to discover a list of the best crypto futures trading platforms. What Are Crypto Futures?  Crypto futures are derivatives contracts with which traders can speculate on the future price of an underlying cryptocurrency. This way, investors can gain exposure to cryptocurrencies without having to actually hold them.  In simple terms, when investors trade bitcoin futures contracts, they are speculating on bitcoin’s future price. Essentially, there are two parties that make a wager. One party believes the price of bitcoin will rise in the future, while the other party bets on the price of bitcoin to decline. The party that loses the wager pays the winner the difference. This is part of the futures contract bo...

Do Kwon’s Shadow Wallets, Exploitative Hacks, Musking Binance and 20 Crypto Jokes

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  Let’s see what happened this week in crypto: here is a short summary. Bitcoin could reach $100,000 or more by 2025 if the Bitcoin Rainbow Chart model is to be believed, BTC may be nearing the bottom if certain drilling analogy metrics are correct, Bluntz predicted bitcoin will trade sideways in a range bound environment for 12 more months, Chamath Palihapitiya predicted DeFi will transform all financial assets , and we also looked into whether Paul Tudor Jones changed his bitcoin price prediction. Also, check out how much El Salvador’s $30 BTC giveaway would be worth today. Meanwhile, the Ethereum network saw its biggest one-day growth so far in 2022, and computer graphics card prices fell by nearly 60% following the Ethereum Merge. Then, on -chain data from the Terra blockchain suggested Do Kwon was still cashing out from his “shadow wallets”, BNB Chain came back online after being suspended due to an exploit that drained around $600 ...