How Meta Sent Arweave, Flow, and Polygon Cryptocurrencies Higher on Thursday
Meta is making NFT tools and that's sent a few notable cryptocurrencies sharply higher today.
Keep up with what's happening in the crypto world in real-time.
Meta is making NFT tools and that's sent a few notable cryptocurrencies sharply higher today.
In this crypto analysis article, we look at the top 3 gainers of the past 24 hours. Will they continue to rise till the end of this week?
Following a decline from October 10–October 20, FLOW is currently making a comeback. CoinGecko reports that FLOW is performing well across nearly all time frames shown by its platform, and at the time of writing, the coin was trading at $1.76.
The last time we had a look at FLOW's performance, we observed a support retest at the $1.42 level. Fast forward to the present and the cryptocurrency is up almost 20% after a bullish pivot.
The cryptocurrency market is on the upswing today, with Bitcoin's price rising above $20,500 for the first time in weeks, Ethereum's price rising above $1,500 for the first time since the post-merge turmoil, and the total market cap surpassing $1 trillion after three weeks below that threshold.
Anyone who want their protocol to be widely used in the realms of DeFi and dApps will need robust development tools. And that's exactly what L1 blockchain Flow accomplished not long ago, as reported on their company's official Twitter page.
Traders and investors that have FLOW in their portfolio or watchlist may have noticed its affinity for the downside. Interestingly, FLOW is among the blockchains that have remained heavily active even during the bear market.
Laliga, the premier soccer league organization in Spain, has announced the launch date of Laliga Golazos, a memorable moment NFT (non-fungible token) platform. The platform, built in partnership with Dapper Labs, will allow users to purchase NFTs with videos of the most memorable goals starting from 2005 to the present.
One of the strongest European football leagues is ready for kick-off in Web3.
SPONSORED POST* The rise of cryptocurrency projects with a Metaverse base has been a fascinating recent development in the crypto world. Large corporations and well-known investors are all making significant bets on this brand-new digital world. The most innovative NFT collections offer metaverse experiences, yet finding the best Metaverse NFT projects can be difficult.
Undoubtedly, new and upcoming projects will help the cryptocurrency market continue its hopeful expansion. Because so many new coins are now available for purchase, investors are pouring money into the company as it undergoes spectacular growth.
SPONSORED POST* Cryptocurrencies have broken through the monotony of using fiat currency. The introduction of cryptocurrency has prompted a paradigm shift in the international financial system. In the wake of the internet's introduction to the global economy, the concept of “play for money” games began to take shape.
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
SPONSORED POST* There are a number of different digital currencies in existence today, and more seem to be popping up all the time. While some people may be intimidated by this vast and constantly-changing landscape, others see it as an opportunity to make some serious profits.
SPONSORED POST* The cryptocurrency sector is thriving and hopeful, and there is no doubt that new and forthcoming projects will benefit the cryptocurrency market. With so many new coins available for investment, investors are pouring money into the industry in order to profit from its rapid growth.
The host of the popular InvestAnswers YouTube channel, a widely-folllowed cryptocurrency analyst, has said that institutional investors could soon start betting on the second-largest cryptocurrency by market capitalization, Ethereum ($ETH).
Venture capital funding for NFT and gaming companies within crypto rose by 66% in August, from USD 507 million in July to USD 842 million. This increase comes during a month when total VC funding within the cryptocurrency sector declined overall, suggesting that it may be NFT and GameFi cryptocurrencies that lead the way out of the ongoing bear market.
Ethereum (ETH)-competitor Cosmos (ATOM) is surging as the crypto markets spark a comeback led by the leading digital asset Bitcoin (BTC) and a handful of metaverse tokens. Cosmos, which is a layer-1 blockchain, rose from a seven-day low of $11.67 on September 6th to $16.54, a staggering 41.7% increase.
Former WeWork CEO Adam Neumann's new residential real estate startup will reportedly include a digital wallet enabling the use of cryptocurrencies.
In recent months, the value of cryptos has been slowly dropping. Some people sold their coins as a result of growing anxiety.
The world's largest online ticketing platform is teaming up with blockchain firm Dapper Labs to enable event organizers to mint tickets as non-fungible tokens (NFTs) on the Flow (FLOW) blockchain.
American ticketing company Ticketmaster announced that it will enhance the fan event experience through digital collectable NFTs, and will mint ticket NFTs for selected events on Dapper Labs' Flow blockchain, providing users with a new experience.
Tickets have been associated with NFTs but have been largely untapped from some of the major conglomerates in the ticketing business to date.