News, Inhalte und Informationen

Overview of the Recent Bank Crash

• The recent downfall of American banks didn’t surpass the crypto market, as seen in the recent case of the Silvergate bank crash.
• Many leaders of the crypto space tend to believe that Jim ‚Inverse‘ Cramer is to be blamed for the recent financial crisis, as his confident endorsement of Silicon Valley Bank just a month ago turned out to be wrong.
• Crypto traders applied ‚Inverse Cramer‘ tactics and enjoyed multiple altcoin rallies after he publicly blasted Dogecoin (DOGE), Solana (SOL), Cardano (ADA), and Bitcoin (BTC).

Tweets by Crypto Leaders

Cardano (ADA) founder Charles Hoskinson pointed out the recent attacks on Tether, Circle, and Paxos and how crypto handled it with confidence. Binance boss Changpeng ‚CZ‘ Zhao blamed the crisis on printed-out fiat currencies which are „a risk to fiat-backed stablecoins“ and Do Kwon’s failed execution of Terra (LUNA).

The 9% Gain for Bitcoin

Bitcoin broke $26,000 line for first time since June 2022 and recorded a historic daily run with 18% gains after FED rate announcement. Crypto traders applied ‘Inverse Cramer’ tactics which eventually caused a 9% gain in BTC.

Jim Cramer’s Effect on Crypto Market

Jim Cramer’s public endorsement or blasting certain assets had an impact on crypto market movements as it could result in sudden price increase or decrease respectively. This tactic has been used by many crypto traders who saw success in it.

Conclusion

The banking crash caused by Jim Cramer’s false predictions did not affect cryptocurrencies too much as they managed to remain relatively unaffected by this event. Moreover, some crypto traders even profited from this situation thanks to ‘Inverse Cramer’ technique which resulted in significant gains for digital assets such as Bitcoin, Dogecoin and Cardano.

• Cardano (ADA) is struggling to gain value in 2023, trading 86.88% below its all-time high of 256.12.
• DPA Token (DPAT) is a new African project that offers retail investors access to African assets through distributed ledger technology and asset backed tokens with as little as $5 investments.
• DPAT token holders can expect major rewards and incentives such as deposit bonuses, discounts on transaction fees, governance membership, VIP African safari and city trips.

Cardano (ADA)

Cardano (ADA) is a third-generation decentralized proof-of-stake (PoS) blockchain platform that aims to outperform proof-of-work (PoW) platforms in terms of efficiency. PoW platforms like Bitcoin have a limited capacity in terms of scalability, compatibility, and sustainability because of their high energy consumption and lengthy transaction times. ADA is trying to make up for its losses in 2022, but a significant price gain for this coin is uncertain in 2023. The crypto world has recently been stronger for several coins with much higher possibilities of increasing in value, so it would be wise to tread with caution despite this. Last week, Cardano (ADA) was in a declining phase and that trend has continued at the start of this week – currently trading 86.88% below its all-time high of 256.12 with 34.6 B ADA in circulating supply.

Direct Property Africa Token (DPAT)

Direct Property Africa Token (DPAT) is a game-changer for international investors and local African developers and infrastructure builders looking to invest safely and transparently from anywhere around the world at fractions of the cost previously denied them access to new emerging markets . The custom DPAT marketplace lists real estate and infrastructure projects from across the continent such as Accra in Ghana or Cape Town in South Africa using distributed ledger technology and asset backed tokens starting at just $5 investments – providing clear and cost-effective alternative financing options for developers seeking innovative projects that solve critical issues across Africa .
The DPAT smart contract audit was successfully completed by SolidProof while Coinsult finished their KYC process – token holders can expect major rewards including deposit bonuses, discounts on transaction fees, governance membership, VIP African safari & city trips!

Analysis

Analysts have grown excited about DPA Token’s features over the last few weeks as they could potentially open up opportunities for retail investors accessing African assets more easily than before – however there are still doubts surrounding Cardano’s ability to make significant gains this year due to competition from other coins offering better potential increases . Despite this everything isn’t doom & gloom though; although Cardano continues its struggles it still has many promising features making it worth watching out for throughout 2023 .

Conclusion

To conclude; Direct Property Africa Token could very well revolutionize how international investors access emerging markets across Africa while Cardano continues its struggles trying hard to regain lost ground against competitors during 2023 . Investor should remain vigilant when considering any investment option due diligence should always be exercised carefully before putting money into any digital currency or asset class..

Disclaimer

This article does not provide financial advice or opinion regarding any digital asset or cryptocurrency mentioned above – please conduct your own research prior investing into any crypto related product or service

• Crypto.com lists Shiba Inu’s Shibarium governance token, BONE, causing a surge in its market value by 29%.
• The SHIB Army petitioned for listing of BONE on major exchanges and celebrated with a burn rate of over 10 million SHIB tokens in 24 hours.
• As the Layer-2 solution is expected to be released soon, BONE continues to trade below the $2 resistance level.

Crypto.com Lists Shiba Inu’s Shibarium Governance Token

Crypto.com recently listed Shiba Inu’s Shibarium governance token, Bone ShibaSwap (BONE), which surged in market value by 29% in the last 30 days. This move was welcomed by the SHIB Army and is seen as a step forward towards the launch of Shibarium’s Layer-2 solution.

SHIB Army Petition and Token Burn

The SHIB Army had previously written a petition on Change.org asking for BONE to be included on major exchanges. Following Crypto.com’s announcement, they celebrated with a burn rate of over 10 million SHIB tokens within 24 hours, aiming to remove them from circulation long term and increase their value overtime.

Shibarium Beta Release Imminent

Although BONE has grown significantly since its listing on Cryptocurrency, it remains trading below the crucial $2 resistance level at press time ($1.68). The release of Shibarium’s Beta version is still due and will be game-changing for two year old ERC-20 token holders who must hold BONE as an official gas fee token on its blockchain platform once live.

Whales Accumulate BONE

As Crypto Market whales accumulate more BONE before the release of Shibarium’s Layer 2 Solution, many are hopeful that it will push SHIB up to $1 per coin – something that hasn’t been seen since 2021 when the memecurrency ranked number 8th overall on CoinGecko rankings!

Conclusion

The recent news from Crypto .com has been highly anticipated among Shiba Inu holders who are eager for Shibarium’s launch and potential price surge as well as increased token burns to reduce circulation long term and increase its value over time

• The Cardano Forum released its bi-weekly community digest on February 20th, 2023, to keep the community abreast of notable recent events.
• The SECP upgrade has unlocked features that make it easier for developers to build decentralized applications (dApps) that interact with other blockchains.
• Robert Quartly Janeiro hosted a Twitter Space on February 15th to discuss „all things Cardano,“ offering a preview of Cardano’s 2023 priorities.

Overview

The Cardano Forum has shared the network’s most notable recent movements in the bi-weekly community digest on February 20th, 2023. The price of ADA is not reflecting the same upward trajectory as other volumes in the ecosystem. Notable events include the launch of SECP upgrade, which unlocks features and improves security for developers building dApps, and Robert Quartly Janeiro’s Twitter Space discussing Cardano’s focus areas for 2023.

SECP Upgrade

The Valentine’s or SECP upgrade was launched on Valentine’s day 2023 by the Cardano network and has unlocked features that make it easier for developers to build decentralized applications (dApps). New cryptographic primitives were introduced which enable multi-signature or threshold signature designs, resulting in improved security according to Input Output Global (IOG). This upgrade fosters secure, reliable, and cost-effective development for cross-chain dApps within the network.

2023 Focus Areas

Robert Quartly Janeiro hosted a Twitter Space on February 15th with guest speaker Sebastian Bode from the Cardano Foundation discussing all things related to Cardano. Bode offered a preview of Cardano’s focus areas for 2023 with interoperability between blockchains being a major topic they are focusing on this year.

Contingent Staking Debate

In response to talk of regulatory enforcement on cryptocurrency staking in the U.S., there is currently an ongoing debate over contingent staking within the Cardano community. While there is some disagreement among members regarding how best to approach this issue, many agree that greater transparency is needed around proof-of-stake protocols and potential risks associated with them before any decisions are made about regulation or enforcement measures moving forward.

Twitter Drama Recap

                
  Despite these developments and debates within the ecosystem, ADA’s price has yet to reflect an upward trajectory like other volumes have seen recently in crypto markets. This may be due in part to some drama surrounding Charles Hoskinson’s tweets about NFTs last week as well as his apparent involvement in an argument between two YouTubers over whether or not EOSIO was technically better than Ethereum 2.0—a controversy which drew criticism from both sides of their respective platforms.

• Ripple is expanding its focus on Central Bank Digital Currencies (CBDCs) with a large practice in Singapore.
• The company has declared CBDCs as a crucial focus for its goals in the coming years and established collaborations with countries including Montenegro, Palau, and Bhutan.
• Ripple’s presence in Singapore has sparked speculation about potential government connections for promoting a CBDC.

Ripple Focusing on Central Bank Digital Currencies

Ripple is focusing on Central Bank Digital Currencies (CBDCs) to expand its services around the world. The company has announced that it will be working closely with smaller governments and central banks to provide holistic solutions related to CBDC initiatives. Ripple has already established collaborations with several countries, including Montenegro, Palau, and the Kingdom of Bhutan.

Ripple Established Practice In Singapore

Recently, Brook Entwistle – Senior Vice President and Managing Director at Ripple – revealed that the company had established a large CBDC practice in Singapore with four people on the ground there. This news sparked speculation about potential government connections between Ripple and Singapore regarding promoting a CBDC.

Interoperability Of CBDCs

Entwistle mentioned how important interoperability will be between different CBDCs around the world as this could benefit many nations. He talked about how Ripple’s technology could play an important role in this regard.

Monetary Authority Of Singapore (MAS)

The Monetary Authority of Singapore (MAS) was also mentioned by Entwistle during his remarks at Crypto Finance Conference held mid-January 2021 as MAS had previously announced plans to develop its own digital currency by 2025 or sooner if possible. He encouraged other governments to take note of Bhutan’s tech-forward King who desired for better ways of moving value around his country which could potentially benefit from Ripple’s technology for establishing a remittance system.

Conclusion

Therefore, it can be seen that Ripple’s focus on Central Bank Digital Currencies (CBDC) could prove beneficial for many nations across the globe in terms of boosting their financial sectors and making them more efficient through interoperable payment systems using blockchain technology offered by Ripple itself or some other similar providers such as VISA etc

• OKX has launched an online campaign to support relief efforts in Türkiye caused by a devastating earthquake.
• Contributions can be made with various cryptocurrencies, including USDT, BTC, ETH, and OKB/OKT.
• OKX is matching contributions up to ₺1 million and working with Paymount to convert the funds into Turkish Lira.

Supporting Earthquake Relief Efforts in Türkiye

The Devastating Earthquake

On February 6, 2023, a 7.8 magnitude earthquake struck southern Türkiye near the border of northern Syria. This was soon followed by an even more powerful 7.5 magnitude earthquake nine hours later and numerous aftershocks that wreaked havoc on the region. The disaster resulted in countless casualties and left many injured and homeless.

The Global Crypto Community Unites

In response to this tragedy, OKX has launched a web campaign to invite individuals from around the world to contribute cryptocurrency donations for relief efforts in Türkiye using USDT (ERC20 & TRC20), BTC, ETH, & OKB/OKT tokens; all of which will be converted into Turkish Lira by Paymount at 4pm GMT daily and sent directly to AHBAP & AFAD organizations for medical aid, food, water, shelter & reconstruction supplies. To further incentivize donations towards these organizations’ cause; OKX will also be matching contributions up to ₺1 million!

Crypto’s Potential Impact on Humanitarian Causes

This initiative highlights the potential for cryptocurrency usage as a viable payment option for humanitarian causes due its fast conversion rates and easy access across countries compared to traditional methods of money transfer or fiduciary currency payments – making it easier for those in dire need of assistance during disasters such as earthquakes.

How Can You Help?

Individuals from all over are invited to contribute cryptocurrency donations through the landing page found on OKX’s website – so if you would like to make a difference today; visit the link below:

Visit Here For More Details On Donations! .

Conclusion

In times of distress & chaos; it is always heartening to see people come together from all corners of the globe – showing solidarity & care beyond boundaries; whether they may be geographical or financial ones! We hope that our small contribution through this initiative will help bring hope back into those affected by this disaster – reminding them that there are people willing go above & beyond other than their immediate neighbors!

• Cardano (ADA) experienced a 51.42% price increase from January 5th, 2023.
• The Cardano Foundation reported an increase in transactions and smart contract usage on the network.
• Recent developments for the ecosystem include the Vasil hard fork and launch of Djed stablecoin.

Cardano (ADA) Price Increase

The price of Cardano (ADA) has increased 51.42% from January 5th, 2023.

On-Chain Statistics

The Cardano Foundation has shared statistics reflecting increased transactions across the board on the network. An increase in smart contract transactions on the Cardano network could propel the global adoption of similar protocols. On February 3rd, 2023, the official Cardano Foundation Twitter account revealed Cardano’s on-chain data from January which showed increases in native tokens, transactions, wallets, Plutus Scripts and policies on the network. Furthermore, transaction types were reportedly divided into 31% for smart contract transactions, 46% for simple transactions and 23% for metadata transactions without smart contracts.

Recent Events & Developments

Notable events for the ecosystem include the Vasil hard fork upgrade launched on September 22nd 2022 to enhance smart contract capabilities on the network as well as Cardano’s overcollateralized Djed stablecoin launched on January 31st 2023 which quickly accumulated 29.9M ADA in base reserves less than a week after launch with a 652% reserve ratio at present time of writing. Additionally, 50% of nodes went offline due to a „transient anomaly“ but IOG founder Charles Hoskinson assured that it was not malicious and would be investigated further by developers.

Conclusion

Cardano (ADA)’s recent developments demonstrate their commitment to continued innovation and growth within their blockchain platform while also providing users with secure and reliable services through their various upgrades and protocols such as Plutus Scripts or Djed stablecoin launches . As more individuals become aware of these features found within this blockchain platform there is potential for further mainstream adoption along with its associated benefits globally .

• Emergent Games is launching a Web3-based survival MMORPG, Resurgence, on ImmutableX.
• The development on the scaling platform ImmutableX has risen significantly this year.
• ImmutableX recently hosted the debut of another MMORPG launch, Seach for Animera, and has a partnership with mainstream company GameStop.

Emergent Games, a next generation gaming and entertainment company, has announced that they are launching a Web3-based survival MMORPG, Resurgence, on ImmutableX. The development on the scaling platform ImmutableX, which has become a household name for Web3 games and metaverse developers, has risen significantly this year. The development team behind Resurgence is comprised of veterans from PlayStation, Activision, and NCSoft, and is being led by Simon Rutter, who has previously held executive and creative roles at the aforementioned companies.

ImmutableX has become an attractive platform for upcoming Web3 gaming and metaverse startups due to its advanced scaling capabilities, gas-free minting and trading, and carbon neutrality. In addition to Resurgence, the platform has also welcomed other MMORPGs such as Gods Unchained, Illuvium, Guild of Guardians, Undead Blocks, Seach for Animera, and more. Last year, the platform also bagged a landmark partnership with mainstream company GameStop.

The Resurgence team is confident that the game will be successful on the platform. „We are thrilled to be launching Resurgence on ImmutableX,“ said Simon Rutter. „We believe that this platform will provide us with the tools and resources that we need to create an immersive and engaging experience for our players.“

ImmutableX is excited to welcome Resurgence and the Emergent Games team to its ecosystem. The platform hopes that the game will be a success and that it will attract new players to the Web3 gaming experience. „We are excited to welcome Resurgence to the IMX family,“ said ImmutableX. „The Emergent Games team is made up of some of the most experienced professionals in the gaming industry. We are confident that their expertise and experience will help make Resurgence a success.“

Overall, the launch of Resurgence on ImmutableX is a great opportunity for both the development team and the platform. With the veterans from the traditional gaming sphere, the game is sure to be a success and help to further the advancement of Web3 gaming.

• Decrypt Studios hosted the inaugural Crypties Awards in Miami on November 30, 2022.
• Onstage panels and interviews from conferences and summits were held in December 2022 at Art Basel in Miami.
• Tezos co-founder Kathleen Breitman spoke about the Tezos blockchain, her admiration for Tendermint, Ethereum, and sharding, progressive decentralization, and NFT gaming at Web Summit in Lisbon.

The world of cryptocurrency recently welcomed the first-ever Crypties Awards, hosted by Decrypt Studios in Miami on November 30, 2022. The event was an impressive display of innovation and celebration, drawing attention from all corners of the crypto-verse. Presented by Avery Akkineni of Vayner3, the award for Game of the Year went to Crypto Unicorns, with the other nominees being Stepn, Zed Run, and Blankos Block Party.

The Crypties Awards was part of a series of events held at Art Basel in Miami in December 2022. Onstage panels and interviews featured a wide range of crypto projects and their representatives, exploring the world of blockchain tech in greater depth. The evening was sponsored by a number of companies, including Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.

At Web Summit in Lisbon in December, Tezos co-founder Kathleen Breitman joined Decrypt’s Stephen Graves onstage to discuss the Tezos blockchain and its proof-of-stake mechanism. Breitman also talked about her admiration for Tendermint, Ethereum, and sharding, as well as her views on progressive decentralization and NFT gaming.

The 0xpo Summit in San Francisco in November was also an important part of the Crypties Awards, with a panel featuring Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock. This panel discussed the current state of venture capital funding in the crypto world and how to raise money even during Crypto Winter.

In all, the Crypties Awards were an impressive display of recognition and celebration for the many advances made in the world of cryptocurrency. From the Game of the Year award to onstage panels and interviews, the event was a testament to the progress and potential of blockchain technology.

• Blocknative CEO Matt Cutler participated in a panel at 0xpo Crossroads in San Francisco.
• The Crypties 2022 awards gala was held at Art Basel in Miami with emcee Josh Ostrovsky and sponsors from a range of crypto projects.
• Tezos co-founder Kathleen Breitman joined Decrypt’s Stephen Graves onstage at Web Summit in Lisbon, and a panel of venture capitalists spoke about raising money during Crypto Winter at 0xpo Summit in San Francisco.

On November 3, Blocknative CEO Matt Cutler participated in a panel at 0xpo Crossroads in San Francisco. There, he told the audience about his Web3 origin story and the Blocknative business – plus common misconceptions in the crypto space.

Fast-forward to December 2022, and the Crypties awards gala was held at Art Basel in Miami. Hosted by Josh Ostrovsky (also known as “The Fat Jewish”), the evening featured presenters from a range of crypto projects, including Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721. Statuettes were awarded in nine categories.

In January 2023, Tezos co-founder Kathleen Breitman joined Decrypt’s Stephen Graves onstage at Web Summit in Lisbon. There, she talked about how the Tezos blockchain has used a proof-of-stake mechanism since its inception, her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming.

Finally, a panel of venture capitalists – Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock – joined Decrypt’s Jason Nelson at 0xpo Summit in San Francisco. They spoke about how to raise venture money even during Crypto Winter. The panel provided important insights into strategies for fundraising in this difficult market.

Overall, these events have provided a wealth of information and knowledge about the cryptocurrency and blockchain space. From Matt Cutler’s insights into the Blocknative business to Kathleen Breitman’s admiration for Tendermint, Ethereum and sharding, and the venture capitalists’ advice on raising money in a bear market, these events have provided a unique look into the world of crypto.