Altcoin News by Thebittimes.Com

Cryptocurrencies have been earmarked as a participant in the ongoing climate change issues. However, a new project is changing the narrative, and so far, it has raised $12 million. This article will explore the Impact Project platform and how to buy its IMPT token. Impact Project and Climate Change Bitcoin has been recognized as a groundbreaking solution to centralized fiat control. However, the methods of creating digital currency have come under intense criticism. For one, mining Bitcoin consumes more energy than some European nations on an annual calendar. The net negative of this is that cryptocurrencies generally contribute to an already volatile environmental condition. However, one project is currently changing the narrative: Impact Project. Impact Project is a blockchain that focuses on climate change issues. The platform launched in October 2022 on Ethereum’s new proof-of-stake (PoS) Beacon Chain. Given its laser focus on climate issues , analysts h...

Lucky Block, a major NFT competition and gaming platform, is in the news again following yet another token burn program. With the reduced circulating supply and a new community initiative, the platform’s token is set for another pump.   1% of LBLOCK Burned Earlier today, Lucky Block’s developers announced that they had completed another round of token burns. Per the announcement, 1% of the total LBLOCK tokens in circulation have been burned.   At the time of the transaction, 1 billion LBLOCK tokens worth $206,000 were burned. The entire transaction had a fee of just $0.13.  This token burn is part of a mechanism to promote a healthy tokenomic model for LBLOCK. Several prominent digital assets, including Shiba Inu (SHIB) and Terra Luna Classic (LUNC), have initiated token burns to foster deflationary models. As the laws of economics dictate, a digital asset becomes more valuable when it gets scarcer.  LBLOCK Price Movement...

XRP appears set to break the $0.50 resistance point. However, while the token appears to consolidate, three digital assets available on presale look set to deliver massive gains.  Broader Market Pressure Makes XRP Outlook Bleak The broader economy has been the biggest indicator of the crypto market’s direction. Inflation fears have rocked several of the world’s top economies, and policymakers have scrambled to make changes to accommodate them.  After the United States Federal Reserve reported a 0.4% month-on-month rise in the consumer price index (CPI), there have been fears that it could increase interest rates once more when the Federal Open Market Committee (FOMC) arrives in November.  So far, analysts still expect the Fed to increase interest rates by at least 75 basis points in November. If this happens, investors will find it more challenging to borrow money, and markets will be affected. XRP is one of the most valuable coins in the ...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The price of aptos (APT) has fallen by 1% in the past 24 hours, dipping to $9.11. This represents a 33% decline for the new altcoin in the past week, at a time when improved investor sentiment has resulted in gains for the rest of the market. The wider cryptocurrency market has rallied in the past day, with positive earnings reports and expectations of a more dovish Federal Reserve (vis-à-vis rate hikes) buoying the prices for bitcoin (BTC), ethereum (ETH), cardano (ADA) and other major coins . However, this uptick in positivity hasn't been extended to APT, which has failed to build much momentum following its launch, which was undermined by reports of slow transactions and centralized tokenomics . And given its association with Meta/Facebook, investors may want to look elsewhere for newer altcoins that potentially p...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The Impact Project (IMPT) presale has now passed $5.5 million in total funds raised so far, only two weeks after beginning. This total marks another important milestone for the Ethereum-based carbon credit marketplace, which will provide consumers with the ability to earn NFT-based carbon offsets via shopping with green retailers . The $5.5 million total means that the Impact Project has raised an average of $366,666 per day, indicating that it will reach the hard cap for stage one of its sale, $10.8 million, in the next 14 or 15 days. From there, it will raise its current $0.018 presale price to $0.023, while the end of its sale will herald its first listings, which may see it rise by significant percentages. This Year’s Biggest Crypto Presale is Happening Right Now – 50x Potential by 2023? The Impact Project...

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The Impact Project presale has now raised just over $5 million, nearly crossing the halfway mark of its first stage within two weeks. The Ethereum-based carbon credit marketplace will move to stage two of its IMPT sale once $10.8 million has been raised, which judging by its current average daily raise should be in another two weeks. Once it reaches stage two, IMPT's presale price will rise from $0.018 to $0.023, making it more expensive. However, judging by the successes of other presales this year with similarly promising fundamentals, IMPT's price could rise much higher once it receives its first listings. Crypto Experts Believe This Token Will 50x by 2023 – Best Presale This Year? The Impact Project milestone continues to hit new targets, two weeks after beginning. It raised $150,000 within its first 24 hours, ...