allyourletmebtchi

YIELDEX is a product that combines yield farming and crypto indexing, intending to provide users with the best yield farming opportunities available. Singapore, November 26, 2021 – YIELDEX, which was launched on October 10, aims to redefine the yield farming landscape by addressing impermanent loss, which is commonly associated with yield farming, and liquidity pools. YIELDEX is part of TEN Finance’s primary goal of lowering the barrier to entry into DeFi to increase user adoption and completely replace traditional finance.  YIELDEX would also increase the yield farming portfolio diversification rate for users by providing a much better alternative to the time-consuming and labor-intensive process of manually investing in and out of pools. Aside from yield, YIELDEX offers additional incentives in the form of $TENFI tokens, TEN Finance’s native token.  With a single click, YIELDEX allows investors to place their assets in multiple liquidity pools, automating yield farming ...

Jack Dorsey has announced his retirement as CEO from Twitter, handing the reins to Parag Agrawal. Analysts point that Jack Dorsey now has free time on his hands to immerse himself in Bitcoin. The 45-year old has shown a deep interest in Bitcoin with his fintech company Square holding BTC on its balance sheets. Jack Dorsey steps down from his role as Twitter CEO leaving him with spare time. Analysts have pointed out that the allure of cryptocurrencies was simply hard to resist for the ex-twitter CEO. From Twitter To Bitcoin In an internal memo to the Twitter team, Jack Dorsey made known his decision to step down from his role as company CEO . he revealed that company CTO, Parag Agrawal will become the new CEO while Bret Taylor will become the board chair. Being a known Bitcoin believer, it is difficult to imagine Jack Dorsey working on something different aside from Bitcoin. “If I were not at Square or Twitter, I’d be working on bitcoin,” said Dorsey at a Bitcoin conference t...

ViralCoin has finally launched its DeFi token on several networks. The team says the token has several groundbreaking features that have never been seen before in fair launches. They describe the launch as a “Fair Balanced Launch” as it keeps the token price consistent while minting new tokens until the maximum total supply is attained on all networks.   This was made possible through the creation of the ViralVault, a system that rebalances the Liquidity Pool each time ViralCoin is minted. This keeps the maximum price relatively stable until all ViralCoins have been minted. ViralCoin is also pre-allocating ZERO tokens to its founders, early adopters, or developers, a feature never seen in the tokenomics of any project. Unique tokenomics Apart from the fact that no tokens are allocated to the founders, devs, or early adopters, ViralCoin allows enthusiasts to participate in governance without having to buy the token. Rather, 1% of every purchase is distributed to the refer...

The Avalanche ecosystem is bound to experience greater growth as TrueUSD launches the TUSD-AVAX liquidity pool on Pangolin. Launched on 22 November 2021, the pool will reward users who contribute to the liquidity with PNG, Pangolin’s native token. Since its launch, the TUSD-AVAX liquidity pool has maintained an APR of 561%, making it the most profitable stablecoin pool ever. Pangolin is a decentralized trading platform based on the Avalanche ecosystem. The upgrade to V2 has brought a lot of changes that have made it a much more suitable platform for traders. It comes with improved DEX parameters and streamlined trading and LP experience. Apart from the improved smart contract, users of the V2 Pangolin receive much better rewards for providing liquidity. To encourage users to migrate from V1 to V2, the platform has distributed $4 million in PNG to liquidity providers and now a daily mining reward of 175,000 PNG. TrueUSD is already working on migrating its liquidity from V1...

Cardano-based cross-chain NFT platform Verlux has kicked off its seed sale on the Cardano network, an event that will run until Dec. 9. At press time, about 60% of the allocated 25 million tokens have been purchased owing to high demand and adoption from NFT enthusiasts. Notably, the Verlux NFT marketplace brings a unique decentralization feature to the Cardano ecosystem. Other NFT platforms require users to use the sign-up or login modal, with an email and password. Differently, Verlux only needs a wallet connection to create a user account. Digital creators, artists, and meme-makers can now mint their work as unique digital collectibles, whose identity can be quickly and easily verified on the blockchain. To mint on Verlux, one needs to connect a Cardano-based wallet such as Nami or Gero wallet. Click on ‘Mint NFT’ on Verlux for further guidance on the NFT listing. In the long run, Verlux hopes to become the top NFT marketplace on the Cardano ecosystem. The platform is also pre...

The popular belief that November would be characterized by a spirited price surge by cryptocurrencies because “it always does” is no doubt proving to be a mirage even as crypto assets recoil in what seemingly appears to be temporary bullish exhaustion. Whereas there is still a window of opportunity between now and year-end, pundits are increasingly shelving their expectations for Bitcoin hitting $100,000 before December 31. Last week, PlanB accepted that his prediction of Bitcoin hitting 98,000 by end of November based on his S2F model had failed for the first time. “Floor model $98K Nov close will probably be a first miss (after nailing Aug, Sep, Oct)” he said. Onchain Metrics Reveal Bullish Activity Despite undesired outcomes, on-chain metrics still support a bullish market across cryptocurrencies according to a recent report by Kraken Exchange. According to the report, the amount of Bitcoin and Ethereum supply on centralized exchanges has continued to drop with the assets’...

Although the price of Cardano has been on a downward trend, activity on the protocol network has increased substantially. Popular crypto influencer Lark Davis claims the price of ADA is about to take off with the upcoming DeFi projects. At the moment, Cardano powers over 4000 smart contracts on its platform. When Cardano ushered in the era of smart contracts on its platform with the successful launch of the Alonzo Mainnet, ADA rallied to a record price to become the 4th largest cryptocurrency by market cap – with a market value of about $75 billion. Alonzo also saw ADA hit $3 for the first time since its inception, surpassing Binance Coin (BNB) to become the third-largest digital asset by market value. However, the coin has been unable to sustain this uptrend, witnessing a small correction. For the past few weeks, Cardano (ADA) has been forming lower lows from a close of $2 in October to the current low of $1.43. At press time, Cardano (ADA) is changing hands at $1.59, up 1.5...

San Francisco-based crypto exchange Kraken is finally listing Shiba Inu after a month-long heated tussle with the token’s die-hard community . SHIB Goes Live On Kraken This is according to an announcement by the exchange notifying users that the token would be available for trading beginning Tuesday in a tweet that saw over thirty thousand upvotes in just under two hours. “ We’re thrilled to announce that Kraken now supports Shiba Inu (SHIB)!” the announcement reads, “Funding is live ,  and we anticipate trading will begin tomorrow, November 30 — at which point Kraken will enable order entry and execution.” From November 30, users will be able to access trading services on the token by depositing a minimum of 373,000 SHIB ($15) which can then be traded with the USD and the EUR as the counter currencies. The listing comes even after Kraken entered into a strained relationship with a significant number of users after the exchange failed to list the token on sev...

Despite Bitcoin being accosted by a long list of headwinds that threaten to delay its ascent towards a new all-time high, Anthony Pompliano has once again restated his early prediction for the cryptocurrency reaching $100,000 before year-end. Speaking to CNBC on Monday, Pompliano, who has on several occasions stated that he has no plans of selling Bitcoin said that he was unwavering at the recent price pullback, affirming that it was normal. “I think really what people need to understand here is that just in 2021, there has already been six drawdowns over 20%,” he said, “It’s obviously a volatile asset compared to legacy assets… it’s part of the course if you will”. Bitcoin’s Ascent To $100,000 Is Nigh The pundit went on to discredit assertions that Bitcoin was poised to crumble noting that the continued adoption by various institutions would act as a catalyst to price hitting $100,000. “You have a finite asset the world is still waking up to, ” he continued. BTCUSD Chart by...

Zomfi, a Play-to-Earn NFT game, has finalized its seed and private round funding, raising a total of $2.6 million from prominent investors. These include Roseon Finance, X21 Digital, Everse Capital, Basics Capital, Magnus Capital, and Misfit Venture Partners. The funds, Zomfi notes, will be used to fund the game’s development, including the launch of its alpha phase in January 2022. And other than financial support, Zomfi also got the chance to connect with advisors and launchpads during the fundraising events. Allan Ta, Co-founder of Roseon Finance, remarked “we’re excited to support Zomfi and see where they go.  Zomfi is one of the few first games on the market that will change the landscape of what crypto games will look like and we look forward to working with the team to ensure they reach their goals and milestones.” Presently, Zomfi is under development on the smart contract-supporting Binance Smart Chain (BSC). It presents engrossing and unrivaled 3D gameplay, that blen...

Jack Dorsey, CEO, and Co-founder of Twitter is stepping down as the CEO of the microblogging and social networking service, according to a CNBC report . Currently serving as the CEO of two companies, Twitter and payment company Square, Dorsey had been on the cusp of being replaced in 2020 by Twitter stakeholder Elliott Management Corporation before reaching an understanding at the time. Under Dorsey’s leadership, Twitter has become a force to reckon with in the social media space with over 200 million active users monthly. With Jack Dorsey being an ardent Bitcoin proponent , Twitter has become the centric hub for crypto enthusiasts, dubbed ‘Crypto Twitter’. Dorsey’s payments company Square recently established a new department, TBD, which will be building a decentralized exchange (DEX) for Bitcoin. TBD was first announced in July without much clarification when Dorsey stated that Square would be building a new business focused on providing “non-custodial, permissionless, and dec...

The Cellframe project is set to launch a 2.0 testnet that has the ability to build a bridge using Ethereum and Bitcoin. This testnet is called SubZero which is the final stage before the launch of the mainnet. Cellframe, is a service-oriented platform project that builds and manages a quantum-safe blockchain solution that solves the problem of scalability with the unique use of sharding. This eliminates the bandwidth bottleneck with variable consensus types in each Cell Network. $CELL is the native utility token that is used for Proof of stake consensus, Value transfer within the Cellframe ecosystem, and participation in Cellchain auctions and leasing. CELL focuses on developing and implementing the most secure and scalable blockchain in existence globally. Thus it is built with plain programming language C, making the utilization of CPU and RAM more efficient and user friendly. Subsequently, electricity usage and expenses of maintaining the node greatly decrease. It also allows u...

There are many ways you can go about increasing your crypto website traffic. Still, before you engage with these ways it is incremental to understand the goals, as it is these goals that will dictate the tools one should use. Otherwise, you’ll end up spending a lot of time, energy, and money on a crypto marketing campaign that’s not going to benefit your bottom line. So, let’s look at the reasons as to why you want to increase your website traffic and how you can go about it! Look at why you want to increase your website traffic First up you want to start by looking at what you hope to achieve by boosting your website traffic. This allows you to focus your efforts on a meaningful boost of website traffic. Everyone wants to score more sales or leads, so let’s say this is your goal. You’ll want to focus on efforts that will lead to this, driving more of the right type of traffic. It’s easy enough to boost website traffic but boosting it for the right reasons and getting the right t...

The crypto bill is one of the 26 bills on the Indian legislative agenda. Even so, the Finance Minister confirmed the proposal to make Bitcoin a legal tender isn’t part of it. Finance Minister Nirmala Sitharaman, in a written reply to the lower house of parliament, revealed there is no proposal to recognize Bitcoin as a legal tender in the country.  However, some reports claim the Indian government may propose a bill to treat Bitcoin as an asset while at the same time banning it as a legal tender. The minister also informed the house that the Government of India does not “collect data on Bitcoin transactions”. The Cryptocurrency and Regulation of Official Digital Currency Bill 2021 seek to illegalize all private digital assets in the country. Despite that, the bill seeks to exempt specific cryptocurrencies to promote the underlying technology of cryptocurrencies. The goal is to “create a facilitative framework for the creation of the official digital currency to be issued by t...

Press Release: The team behind the successful blockchain game Binamon announces Tango Chain, an ecosystem to metaverses to life and enhance their accessibility. 29th November 2021 – An analysis by Emergen Research projects the metaverse market size to increase to $828.95 billion in 2028, up from 47.69 billion in 2020, growing at an expected CAGR of 43.3 percent during the forecast period. North America is expected to register robust revenue growth during this period because major technology companies like Facebook, NVidia Corporation, and Epic Games, Inc., intend to develop metaverse platforms. In late October, Facebook said it was rebranding to Meta and would hire 10,000 experts in Europe to realize their metaverse ambitions. Since then, blockchain-based metaverse platforms like Decentraland have seen massive interest. According to trackers, the native token of the Ethereum-based Decentraland, MANA, is up over 450 percent in the last month alone.  Similar platforms like Sa...

Decentralized finance is witnessing tremendous growth as more novel innovations contribute largely to the further development of the sphere. Growth DeFi, an emerging project seeking to bolster capital efficiency and enable investors to maximize their returns by leveraging different blockchain products on its ecosystem, has just announced its launch on the Avalanche blockchain ecosystem and a new Hybrid Bridge for cross-chain decentralized farming . Growth DeFi is a promising cross-chain decentralized farming protocol that is focused on bringing the best out of stakeholders’ value while also ensuring and maintaining sustainable highest yield in the market. The cross-chain expansion and the launch of the new Hybridge system are set to cause a major shift in the DeFi sector and this new improvement will bring about a redefined concept of cross-chain. An Innovative And Unique Decentralized Ecosystem With Bonds Over time, bonds have been considered popular profitable tools that can se...

The third-largest Bitcoin whale is still in an accumulation spree, recently adding nearly 1000 BTC to its wallet as price came tumbling from $59,250 to $54,000 in just two days. It comes after BTC options expired on Friday and sparked a huge panic selling . Crypto whales are good at proving the long-term tried and tested investment strategy – that wealth too often moves from impatient to patient hands. Thus, the accumulation trend by whales has been dominant since April. Such accumulation debunks the myth that Bitcoin is in a long-term slide and strengthens the notion that it is just a matter of time before the crypto starts to shoot up again. “Note, while it’s possible this is a cold wallet for exchanges like Robinhood, transaction volume and pattern doesn’t seem to support this, very inconsistent from other cold wallets. For one, many strategic buy the dip and sell the rally behaviors and clear long term accumulation trend,”  a Cryptoquant commented on the matter. A close lo...

Kripto Galaxy Battle, a play to earn gameplay, is thrilled to announce the addition of $GEM Mining to its ecosystem.  Kripto Galaxy Battle is an idle NFT game created on KardiaChain to create mass adoption and grow the play-to-earn ecosystem.  Developed by KardianChain, Cyforce Game studio, and BecoSwap, the game tells the story of humans who set out to explore the universe in search of Gems. The events occur when resources on Earth are quite scarce, which makes these assets of great energy and value. The game allows players to send robots and equipment to other planets to mine these assets. In addition, the game provides the player with other in-game characters such as Monster, creators that inhabit the galaxy. A player can capture these creatures and use them to separate the raw minerals into gem assets.  Notably, GEMs assets are produced through mining or a reward through in-game quests.  The game has two native tokens, $KABA, and $GEM. Investors can ear...

The price of Bitcoin fell to new lows following the outbreak of a new strain of the Covid virus. Bitcoin barely recovered from the slump on Thanksgiving before being battered by the general panic selling by traders. Bitcoin is down 20% from its all-time high providing a viable opportunity for traders to buy the dip. The Omicron, Covid’s latest variant, is threatening human lives globally and also advancing into crypto prices. The markets took a big hit with several assets shedding a large portion of their values. Knee-Jerk Reaction? Or Not On Thanksgiving day, cyberspace was rife with jokes about Black Friday sales as Bitcoin turned in a lackluster performance again. Things went from bad to worse with the announcement of the discovery of a new Covid variant, Omicron that sent the markets into chaos. Since the revelation, Bitcoin fell to $53,668, a price level that was unseen since the start of October . The asset’s decline shows an 8% fall in the last week and a 20% decline s...

In 2018, Dr. Gavin Wood, who co-created Ethereum, Polkadot, and Kusama, demonstrated that when using Parity Technologies a developer could code and deploy a brand new blockchain within an hour using Substrate. Substrate is becoming increasingly popular as a modular framework for creating new blockchains, due to its simplicity and the fact that its technology is based upon tried and tested leading blockchain technology. As a result, the industry expects to see a major influx of Substrate based tokens over the coming months.  Gate.io , a leading exchange in terms of trading volume and reliability, has positioned itself for this move, by integrating Reef Chain for its users to make quick and easy deposits and withdrawals.  Reef Chain is a well-established blockchain based upon Substrate that has recently undergone a complete revamp in terms of its underlying technology as well as its website. The integration means users can make near-instant transactions at a very low fee. Its...

US regulators have released a blueprint to guide the conduct of cryptocurrency market participants in 2022. The guidelines place a focus on banks as they look to provide cryptocurrency offerings to their clients. Regulators had previously made recommendations to Congress for regulations of stablecoins in October. Gary Gensler once referred to cryptocurrencies as the “Wild Wild West” and said that he will try to suppress the ecosystem. It seems the task is a herculean one and will require synergy between financial regulators. The Sprint List US financial regulators have released an inter-agency policy memo that spells out the blueprint for further regulation in the cryptosphere. The to-do list popularly referred to as the “crypto sprint” is a concerted effort of the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency. The joint statement reduces its scope to banks and other financial institutions with a focus on crypto-...

Ethereum’s founder has made a proposition to introduce a limit on the call data gas cost on the network. This will have the overall effect of reducing the cost of transactions but some stakeholders have poked holes in the proposition. Ethereum’s gas fee dilemma continues to plague users as other layer 1 blockchains close in. Vitalik Buterin wants to limit gas costs with an ingenious proposition but analysts think the decision will have “greater implications” on the network. An alternative to Buterin’s idea has been proposed. Decreasing Transaction Call Data Gas Costs. Vitalik Buterin took to the Ethereum Magicians forum to suggest a way to reduce the gas costs associated with transaction call data on the network. His post noted the significant challenges posed by soaring gas costs, including the length of time it takes to deploy data sharding. These problems, according to Buterin, make a short-term solution imperative to “cut costs for rollups.” He proposes the solution of a...

Bitcoin has finally appeared in a South Park episode, predicting a future where cryptocurrencies are the only accepted currency. The episode has been met with mixed reactions by crypto enthusiasts following the dropping of a hint that Bitcoin is a ponzi scheme. Since the airing of the episode, the price of the asset has fallen by 2% to trade at $54K . Bitcoin has made a cameo on South Park after over a decade and feelings are split over the episode. It predicts a future for Bitcoin but calls the asset class a Ponzi scheme in its typical satirical fashion. The South Park Episode In an episode in the 24th season of the show, Bitcoin and selected cryptos are the only acceptable means of transacting in the future. The episode titled “Post COVID” was set 40 years into the future as the world reaches the final stages of the pandemic and humans pay for goods with Bitcoin cards via QR codes. In the episode, protagonist Stan Marsh enters a motel called Super 12 Motel Plus seeking acco...