Crypto News

Solana Clears 100 Billion Transaction Count As NFTs Gain Prominence

The Solana network had been one of the winners of 2021 after gaining widespread popularity among crypto users. Its incredibly fast transaction times had been one of the pulls, as well as the ability for developers to create decentralized applications (DApps) on the network. Since the beginning of 2022, the network has been racing toward an important milestone, which it has now successfully broken through.  Solana Surpasses 100 Billion Transactions Solana’s transaction count had been ramping up over the last couple of months. In just 2 years, it has become one of the most used blockchains in the space. Solana had taken the decentralized finance (DeFi) and non-fungible tokens (NFTs) space by storm, now commanding the second-largest market share of the NFT space of any blockchain. Related Reading: Why Investing In Terra Classic (LUNC) May Be A Bad Idea Last week, the network made it past the 100 billion transaction mark. Interestingly, the network is still in Beta testing, and it has grown so much. It had been able to grow above the delay transaction count of its largest competitor Ethereum after it clocked more than 40 million daily transactions.  SOL price trending at $35 | Source: SOLUSD on TradingView.com Solana continues to maintain its high transaction processing even with the massive growth it has experienced. At the time of this writing, the transactions per second (TPS) in the last 30 minutes were averaging around 3,000 TPS, according to data from Solana Explorer. SOL NFTs Rival Ethereum Ethereum NFTs had been the dominant tokens in the market and, understandably, remain so, even at this time. However, there have been numerous developments in the Solana NFT ecosystem that shows that the network is gearing up to rival Ethereum in this regard. One of the most recent NFT launches on the Solana blockchain, the y00ts NFT collection, is now billed as the “most hyped” NFT launch in history. It came from a critically acclaimed team behind the Dead Gods NFT collection. It sparked renewed interest in SOL NFTs, which helped to push the floor price higher. Related Reading: Staked ETH Nears 14 Million As Ethereum Readies For Breakout On Monday, Sentiment reported that SOL NFT sales had crossed 1.65 million. Solana NFT ecosystem Metaplex had also reported a significant uptick in the number of NFTs that are being minted on the platform over the month of September.  However, it is hard to predict how long this growth trend will last, given that interest in the NFT space, in general, is down. The number of new addresses that are using NFTs since its peak in mid-September is down more than 60%, from 30k to 8k. Featured image from The Market Periodical, charts from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…

Altcoins Analysis Bitcoin Blockchain

The Tamadoge Presale Has Finished – Is Big Eyes Coin The More Viable Contender For Your Portfolio Now?

The Tamadoge Presale Has Finished - Is Big Eyes Coin The More Viable Contender For Your Portfolio Now?

Crypto enthusiasts are always looking for ways to improve their portfolios. Some cryptocurrencies offer a higher return potential than others, making it hard to choose which one to pick for your portfolio. Presales present the best opportunity to get involved in a cryptocurrency while the token price is low. Tamadoge (TAMA) is a new P2E […]

Crypto News

3air – Blockchain-based Connectivity and Global Economic Inclusion Solution Launches on MEXC Exchange Sept, 22nd

The 3air project aims to resolve the perennial issues that created and continue to contribute to the economic underdevelopment of many regions globally, starting with African cities. The project will launch on the global MEXC exchange on the 22nd of September, 2022 at 10:00 AM / 12:00 PM CET. The project arrives at a pivotal time in global history when the world depends on connectivity for many reasons, including global economic participation. 3air leverages its novel wireless broadband Internet connectivity solution – K3 Last Mile – to provide stable internet connection in places where it was previously impossible using traditional methods. It also provides access to innovative financial and digital identification solutions available through the 3air platform. 3air’s success has come with the aid of an impressive list of partners and backers that have supported its growth in achieving its goal to foster global economic equality and access to financial opportunities using blockchain-based innovations. 3air raised more than $3.5 million from its Seed, Private, Public and IDO rounds. 3air’s native token ($3AIR) will be officially listed on the MEXC exchange on the 22nd of September, 2022, at 10:00 AM UTC / 12:00 PM CET. The 3air Project 3air aims to connect people in African cities to the global economic ecosystem using its proprietary technology to bring affordable, high-speed, and stable broadband internet, digital TV, and IP telephony. 3air uses K3 Last Mile technology to provide up to 1 Gbps dedicated internet connectivity, over 150 digital TV stations, and IP telephony through the air. 3air’s blockchain-based platform will allow easy access to digital services, identity management, payments, and credit line building. Its native token, 3AIR, is currently available on BSC, with deployment on the SKALE blockchain in view. It will be used as the payment method for 3air’s digital services, including digital identities, internet broadband services, digital TV, and IP telephony. The 3air project will be executed over three stages – The first stage is expanding throughout Africa, providing broadband connectivity to everyone, everywhere. The second stage is the implementation of the 3air platform. The platform will facilitate access to telecom services, identity management, payment solutions, and credit line building. The final stage involves leading the revolution within the telecom industry as the premier blockchain-based, decentralized, permissionless ISP platform, tokenizing bandwidth and other services. It also aims to facilitate secondary markets, improve security, roaming, IoT, and connect ISPs globally. Providing Free Broadband Access Locally The 3air project is progressing steadily towards its goal to provide the infrastructure to connect users in African cities to the internet at high speed and low rates. As part of its development plan, 3air, in collaboration with K3 Telecom, installed its novel K3 Last Mile solution at Saint Joseph’s Secondary School (SJSS) to provide internet connectivity at the school. The project will provide a fast, reliable, and stable connection to access educational resources and growth opportunities more easily. The SJSS internet connectivity project highlights 3air’s dedication to providing the infrastructure to improve the quality of opportunities throughout African cities, starting from Sierra Leone. Launch on Synapse The native token – $3AIR – opened on the Synapse Network. The IDO had an allocation of $50 000 at $0.065 price per token. It opened to the winners from the Gleam competition (50 winners) on Wednesday, 14th September at 09:00 AM UTC (11:00 AM CET). The FCFS sale for SNP stakers and the general public opened on Thursday, 15th September. Token Launch The 3air token’s launch is a few days away, and we are prepared for a monumental event in our roadmap. Our launch will happen on the MEXC exchange on the 22nd of September, 2022 at 10:00 AM (12:00 PM CET). Our launch will mark the debut of the 3air platform along with its ecosystem of blockchain-based connectivity and financial solutions. The excitement is palpable within the 3air community, and our CEO, Sandi Bitenc, appreciates the support we have received so far. “Counting is never fun, but counting down to our launch has been surreal. It is a lot of hardwork, but seeing our efforts over the last few years come together coupled with the support we’ve had so far has made the ride smoother than we could have thought. Under the proper conditions, blockchain technology can and will resolve the problems that underserved regions face, and we are excited to be leading this initiative in Africa. Our experience, proprietary technology, and ecosystem of partners combine to become the perfect solution for perennially underserved regions, and we are delighted to facilitate equal growth opportunities globally.” – Sandi Bitenc, CEO of 3air. Learn more about 3air by visiting 3air.io or reading the documentation at docs.3air.io.  

Altcoins Analysis Bitcoin Blockchain

DeFi Protocol AngelBlock Unveils Startup Grant Program and Platform Launch

DeFi Protocol AngelBlock Unveils Startup Grant Program and Platform Launch

AngelBlock is a platform that connects knowledgeable investors with vetted, notable crypto and FinTech startups. The goal is to enable fully on-chain, decentralised financing and support from investors to new ventures in the cryptocurrency, blockchain, and FinTech space that focus on early-stage investments. In addition to supporting three promising startups with a 90,000 USDT grant […]

Bitcoin Crypto News

Crypto Market Returns Plunges Into The Negative, Here’s Why

The crypto market has seen its returns over the last month wiped away in a matter of days. While the market was pumping, cryptocurrencies in the space were returning double-digit gains, with the investor sentiment rapidly growing with it. However, with bitcoin’s rejection at $25,000, the entire market had seen a swift downtrend. Now, investor sentiment has worsened, and the digital assets which had enjoyed the period of growth are now in the red. Crypto Indexes Lose Gained Value Back at the beginning of August, when the crypto market was recovering, all indexes in the space had seen tremendous growth. The most prominent of these had been the gains that the small and Mid Cap indexes had returned. As expected, these highly volatile assets had swung high since crypto investors were gaining their risk appetite once more. Related Reading: Why Ethereum Is An Attractive Investment Right Now However, as the month draws to an end and hype around the Ethereum Merge dies down, the market has swung back into the red. For last week, the Small Cap Index saw the most losses, which is expected in such a market. It is currently at -85 in returns for the month. The Mid and Large Cap Index also followed the same route with 8% losses.  Bitcoin was the only one out of the three that managed to hold a bit better to its value, although not by a very large margin. The pioneer digital asset recorded losses of 7% during the same time period, all of this a stark contrast to the 12% overall gains that were seen in the crypto market back in the middle of August. Crypto market losses gains | Source: Arcane Research What Is The Reason? It is quite easy to see where the problem is coming from when one takes a look at the market at the beginning of August compared to now. Back then, investors began taking larger risks as prices recovered and more people became bullish. With the recent dump, investors have been burned and thus are less likely to take risks. There is also the fact that this reduced tendency to take risks also sent investors running to cover. So the market saw investors moving their funds out of volatile cryptocurrencies into more stable options. Total market cap at $1.022 trillion | Source: Crypto Total Market Cap on TradingView.com The result of this was stablecoins stealing more market share from assets such as Ethereum. This was the same trend that was recorded back in July before the pump. However, one difference is there is less movement to Bitcoin than previously recorded. Related Reading: Crypto Market Sentiment Plunges To 1-Month Lows, What Lies Ahead? Unless there is a significant boost in market sentiment, it is expected that this climate of bearish sentiment will continue. Nevertheless, stablecoins will remain winners in such markets, with USDT, USDC, and BUSD increasing their market share in the last week by 0.77%, 0.50%, and 0.32%, respectively. Featured image from Forkast News, charts from Arcane Research and TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…

Ethereum

Vitalik Cheers ETH Community For The Pushback Against Canada’s Rules

Vitalik cheers ETH community for the pushback that they organized against the harsh Canadian crypto rules that impose annual buy limits on crypto for Canadian citizens. Vitalik Cheers ETH Community Vitalik Buterin, co-founder of Ethereum, praised community members for speaking out against new Canadian regulations banning crypto purchases. Glad to see Ethereum people pushing against […]

Crypto News

6 Best New Cryptocurrency Australia to Buy 2022

With the growing popularity of cryptocurrencies, investors from all over the world are looking to buy the best new cryptocurrency assets in 2022. This guide reviews the 6 best new cryptos to buy in Australia in 2022. Top 6 New Cryptocurrency Australia to Buy 2022 Tamadoge – Best New Crypto to Buy in Australia in 2022 Battle Infinity – Top New P2E Platform to invest in Australia Lucky Block – New NFT Cryptocurrency Project to Buy in Australia Ethereum – Best New Altcoin to Invest in Australia Solana – Highly Scalable Cryptocurrency Project in 2022 Dogecoin – Meme Coin to Invest in Australia in 2022   A Further Look into the 6 Best New Crypto Australia in 2022 The sections below provide an in-depth review of the 6 best cryptocurrency in Australia and the best new cryptocurrency projects to look at. 1.    Tamadoge – Best New Crypto to Buy in Australia in 2022 We recommend Tamadoge (TAMA) as the best new crypto to buy in Australia in 2022. A play-to-earn (P2E) decentralized project, Tamadoge offers exciting in-game rewards to players via NFTs and crypto holding and earning opportunities. The native cryptocurrency, TAMA, can be used as an investment tool and in-game currency to purchase virtual items and earn rewards. One of the crucial features of this platform are the Tamadoge pets – dog-like virtual characters which have been minted as NFTs via smart contract functionality. Players can buy these pets on the Tama store and use them in competitions to earn points on a monthly leaderboard using TAMA. Unlike many meme tokens, TAMA is a deflationary token with a total supply of 2 billion coins. Furthermore, 5% of all tokens spent on the ecosystem are burnt. This helps increase the demand against the supply, which may positively impact the price of TAMA. TAMA is available to buy on presale for only $0.0125 per token. The project reached its beta presale hard cap targets of $2 million in only 10 days and is now looking to collect $19 million by Q4 2022. So far, TAMA has collected $4 million and is proving to be one of the best utility tokens to buy in Australia. After the presale ends, TAMA will be launched on popular centralized and decentralized exchanges. LBank, a popular centralized exchange tweeted confirming Tamadoge’s listing after the presale ends. Join the Tamadoge Telegram Channel to stay updated with all the latest news and information related to this new crypto project. Telegram admins will never DM you first, beware of impersonators and use the pinned messages for official info. Buy Tamadoge on Presale 2.    Battle Infinity – Top New P2E Platform to invest in Australia Battle Infinity is an upcoming P2E and decentralized platform. Players can access Battle Arena – the metaverse of the Battle Infinity ecosystem. Along with P2E characteristics, platform members can earn crypto rewards via IBAT – the native cryptocurrency. One of the best emerging cryptos, IBAT, sold out its 90-day presale targets in only 24 days. IBAT will be deployed on PancakeSwap – a popular decentralized exchange (DEX), on August 16th. On Battle Infinity, you can participate in the Premier League – the world’s first decentralized sports fantasy league. IBAT can be purchased and swapped with other cryptos from the IBAT Battle Swap – the native DEX of Battle Infinity. Furthermore, IBAT offers staking opportunities to earn passive income to players. Demonstrating NFT interoperability, the Battle Arena lets users participate in a virtual ecosystem, where players have their unique avatars minted as NFTs using ERC 721 smart contracts. To get the latest updates, subscribe to Battle Infinity’s Telegram channel. Telegram admins will never DM you first, beware of impersonators and use the pinned messages for official info. Visit Battle Infinity Now 3.    Lucky Block – New NFT Cryptocurrency Project to Buy in Australia Another one of the new cryptocurrency platforms to invest in Australia is Lucky Block – an NFT-based competition platform. Players can participate in weekly main draws, and NFT draws every Friday to try and earn up to $50,000.   To enter, interested users can purchase a minimum of 5 $1 tickets or buy NFTs minted on the Lucky Block platform. LBLOCK, the native cryptocurrency of the ecosystem, acts as the in-game currency and is used to settle transactions and pay platform winners. LBLOCK was released in January 2022 and instantly rewarded early investors with a 1,100% price increase within two weeks of launch. Furthermore, this cryptocurrency recently increased by 3,000% after its launch on PancakeSwap – the popular DEX. LBLOCK is currently trading at $0.0012 per token. Visit Lucky Block 4.    Ethereum – Best New Altcoin to Invest in Australia Ethereum is the largest altcoin in the world, with a market cap of $231 billion. This open-sourced blockchain network became one of the first networks to deploy smart contracts. Thus, Ethereum attracts thousands of developers looking to deploy DeFi (decentralized finance) protocols and DApps in their ecosystem. Ethereum is expected to release a network upgrade known as ETH 2.0 in 2022, which will solve scalability and slow transaction speed issues. Should the deployment succeed, investors may see a potential price gain. After reaching an ATH of $4,900, ETH is available to buy for just $1,900 per token in August 2022. Buy Ethereum Now Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. 5.    Solana – Highly Scalable Cryptocurrency Project in 2022 Similar to Ethereum, Solana is an open-sourced blockchain network that has deployed smart contracts on its platform. After the popularity of Ethereum, many rival altcoin blockchains emerged by providing cheaper gas fees and high scalable compatibilities. Solana (SOL) has proved to be a big rival to Ethereum due to its high scalability and network speeds. Ethereum manages only 17 transactions per second (TPS) compared to Solana’s 65,000 TPS. SOL, the native cryptocurrency, rose from $0.7 to an ATH of $260 in 2022. Solana is currently trading at $45 per token. Buy Solana Now Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. 6.    Dogecoin – Meme Coin to Invest in Australia in 2022 Dogecoin became one of the best meme coins after gaining social media and mainstream popularity in 2020 and 2021. One of the best performing tokens in 2021, Dogecoin was supported by major billionaires in the crypto sector, including Elon Musk and Mark Cuban. In 2021, DOGE increased from a price of $0.009 to an ATH of $0.74 – a price increase over 7,000%. However, DOGE has corrected throughout 2022. After beginning the year at $0.17, the token has fallen to a price of $0.7 and has a market cap of $10 billion. Buy Dogecoin Now Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. How to Buy Tamadoge The sections below provide a step-by-step guide on buying Tamadoge – the best crypto in Australia in 2022. Step 1: Set up a Crypto Wallet Firstly, users need to download a crypto wallet when looking for where to buy Tamadoge. Interested readers can download MetaMask – one of the best crypto wallets to let users connect with the Tamadoge presale. Traders can head over to MetaMask and click on ‘Download’. Step 2: Buy ETH or USDT Investors need to buy Tamadoge with ETH or USDT. If you do not own any of these cryptos, head over to a preferred crypto exchange, buy ETH or USDT and transfer the tokens back to their Metamask wallets. Step 3: Link MetaMask to Tamadoge Presale Platform The next step is to go on the Tamadoge website and click on ‘buy’. Users can then click ‘Connect Wallet’ and choose their wallet provider to connect with the presale platform. Follow the instructions to officially link the wallet. Step 4: Buy TAMA Tokens The final step is to buy TAMA. Simply enter the amount of TAMA you would like to purchase and select ‘Convert ETH’ or ‘Convert USDT’. Users need to purchase a minimum of 1,000 TAMA. Finally, users can claim their TAMA tokens once the presale ends. Once the presale period is over, click on ‘claim’ on the Tamadoge website’s homepage. It’s also possible to buy TAMA using a debit/credit card via the popular fiat on-ramp Transak. That option will be available after connecting a MetaMask wallet.