Altcoins

Trading Giant Robinhood Enables Transfers for Recently Listed Ethereum (ETH) Challenger

Customers of the trading giant Robinhood can now execute external transfers of the Ethereum (ETH) competitor Avalanche (AVAX). Robinhood first launched crypto transfers in and out of its platform in July, adding trading support for AVAX and XRP rival Stellar (XLM) last month and unlocking transfers for Avalanche on Thursday. AVAX is trading at $17.31 […]

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Crypto News

Web3 Wellness Platform Amino Celebrates Historic Career of Four-Time NBA Champion Klay Thompson in Inaugural Drop of the GRAILS NFT Collection

As the first drop in a series of NFT launches, the collection will be available on Binance NFT to celebrate the amazing careers and accomplishments of some of the world’s most recognizable athletes Amino, a new platform that is bringing health and fitness into Web3, has announced it is launching a new NFT collection to celebrate the incredible career of Klay Thompson, one of the famous “Splash Brothers” of the Golden State Warriors. The Warriors are the reigning champions of the NBA, and this collection features unique artworks from Klay Thompson’s 2015, 2017, 2018, and 2022 championship runs with the Warriors. Andrew Shore, the CEO of Amino, said in a statement that the Binance NFT marketplace is the perfect choice for the launch of the GRAILS collection. “Klay Thompson is a globally-recognized and beloved NBA superstar, and we are extremely excited to be kicking off our partnership with Klay’s NFT collection on Binance NFT to allow fans to be part of and experience his most iconic career moments in new and innovative ways,” he said. Amino says it is bringing health and wellness into Web3 and user engagement via NFTs. That is why the recognition of successful superstars is an important part of the company’s vision, Shore explained. To meet consumer demand for exclusive, high-end NFT drops, Binance NFT uses Mystery Boxes as part of its drops. These drops go on sale exclusively on the Binance NFT marketplace. The drop for the Klay Thompson collection is set to go live on October 18, 2022. The drop includes 10,000 Mystery Boxes at $50 each. Depending on rarity and exclusivity, some of these NFTs will include exclusive Klay Thompson memorabilia, from autographed jerseys, basketballs, and photographs, to live experiences and in-person and online access to events and other in-demand offerings. Every one of the 30 NFT collections set to be launched by Amino as part of the GRAILS project will celebrate iconic athletes across a range of sports. All of the drops will include rare NFTs that unlock special experiences and memorabilia, thereby helping to connect users not just to online, Web3 experiences but to real-world, in-person, and physical items and assets. Users can follow news about the Klay Thompson GRAILS drop on Twitter at @aminorewards and @thebinanceNFT. Amino says that future drops and athletes will be announced as part of this exciting new collection. Amino positions itself as a health and fitness ecosystem that brings personal wellness into Web3.  It has a unique suite of personal fitness apps, premier athlete NFTs and Metaverse gaming for users to earn by staying active and “being the best version of themselves”.

Altcoins

Here Are Some Top Crypto Projects To Track for the Next Bull Market, According to Bankless

The crypto finance platform Bankless is detailing several digital assets and sectors that traders may want to keep an eye on for the next bull market. In a new update to subscribers, Bankless says even though the digital assets industry feels “rudderless” right now, the future is bright. The outlet says it’s closely watching the […]

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Altcoins

Second Largest Stablecoin by Market Cap Expands to Cosmos (ATOM), Polkadot (DOT) and These Three ETH Rivals

USD Coin (USDC) issuer Circle says it intends to make the second largest stablecoin by market cap available on five additional blockchain ecosystems. The digital financial technology firm says that USDC will be available on layer-1 blockchains Arbitrum One, NEAR Protocol (NEAR), Optimism (OP) and Polkadot (DOT) by the end of the year. The stablecoin will […]

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Altcoins Blockchain Ethereum

Tech Giant Apple Authorizes NFT Purchases in Apps, Imposing Hefty Fees on Sales: Report

Tech titan Apple is reportedly allowing purchases of non-fungible tokens (NFTs) in its App Store marketplace. A report from the tech outlet The Information says Apple is requiring NFT sellers on its mobile marketplace to use the App Store’s in-app payment functionality, which charges a 30% commission. That’s significantly higher than the standard commission on the […]

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Crypto News

Quant (QNT) Adds 10% In 24 Hours While Macro Uncertainty Pulls Others

Interoperability enabling network Quant has gained 10% in the last 24 hours amidst the general crypto bear market. The token is inexorably climbing up the price charts while other tokens struggle to keep their heads above water. The crypto is steadily gaining, testing new highs after its yearly low in June when its price dipped below $50. The Quant blockchain was a project geared toward solving the issue of interaction among multiple blockchains. Since its inception in 2018, the token began an upward climb from below $1, culminating in an all-time high just below $400. This unprecedented event in the history of Quant took place in September 2021. Quant soared 200% from $187 to $490 on the month, a spike that analysts attribute to three factors.  Related Reading: Sandbox Struggles In A Bear Market, How Low Can Price Go? Quant’s All-Time High Catalysts The first catalyst outline was the launch of Overledger 2.0.5, the network’s DLT connection for businesses to all networks and DLT. Secondly, Quant offered developers incentives via the “Quant developers Program,” a means to lure devs into its ecosystem. Devs build useful protocols and apps, which in turn, attract more users, thereby ensuring the growth of Quant.  Finally, Quant’s price boosted when it got listed on major exchange platforms like Coinbase and Binance. This move alone caused the protocol’s trading volume to skyrocket from $9 million to a whopping $740 million, according to coinmarketcap. And the rest, they say, is history. Although the token has not tested such highs since then, it continued to do well for itself till the general market became turbulent. Macroeconomics Turned Crypto Assets Bearish By June this year, when the crypto market dropped into a downward spiral, the Quant token dipped to a low of $49. A combination of macro factors dragged down most cryptos, including Bitcoin, from their lofty heights. For one, the Russo-Ukrainian war began causing global unrest, which always targets risk-prone assets, e.g., crypto. Then followed inflation and Fed’s hawkish attitude towards digital assets in fixing the problem. Ethereum’s merge with its initial hype and subsequent letdown came into the mix, further muddying up the waters. As a result, crypto assets globally have been testing unheard-of lows.  At the time of writing, Bitcoin continues to fluctuate around the $20,000 resistance level. This is notably a far cry from its legendary $65,000 high, which occurred in 2021. Similarly, ETH and SOL are not left out of this bearish market turn, trading at $1300 and $33, respectively. Ethereum is 70% down from its all-time high, while Solana is 87% below its own. Related Reading: Dogecoin (DOGE) Is On Top Of Whales’ Menu – Here’s Why Yet Quant is slowly but surely wending its way up the chart, testing new highs daily. At the time of writing, the token is exchanging hands around $116 after briefly testing $120 earlier in the day. Against the past week’s prices, it is a 7.90% gain, 10% over the last 24 hours. Featured image from Pixabay and chart from TradingView.com