MRHB DeFi recently announced a new strategic partnership with Sukhavati Labs, a decentralized cloud network service focused on storage. Now all NFTs minted on the MRHB DeFi network — such as on the SouqNFT Marketplace — will be stored in a secure and permissionless manner at a low cost on the decentralized Sukhavati network.
The recent dip in the price of Bitcoin is not impacting the mining activities across the BTC network. Nasdaq-listed Bitcoin mining company, Riot Blockchain recently announced its production and operation updates for February 2022 and reported a significant surge of 189% YoY in BTC production.
During the recent month, the company produced 436 Bitcoin, compared to 179 coins in the same period last year. As of 28 February 2022, the mining firm held almost 5,783 BTC, produced by Riot’s self-mining operations.
The Bitcoin mining company has expanded its hash rate substantially since the start of 2021. In the recent announcement, Riot provided updates on the expansion of its mining infrastructure.
“Throughout the month of February, Riot has continued to make progress on the first phase of its 200 MW immersion-cooled Bitcoin mining deployment, with over 10,000 S19j Pro Antminers now deployed in immersion-cooling tanks,” said Jason Les, the CEO of Riot Blockchain.
“We have begun the performance evaluation process and will be monitoring our immersion performance data closely over the next 60 days. As our team continues to build out our immersion operation, we are evaluating and assessing future opportunities to further leverage our expertise in immersion-cooling development and deployment,” Les added.
As a result of the company’s enhanced mining infrastructure, its profits increased during last year. In 2021, Riot Blockchain announced collaborations with several leading firms around the world, including Bitmain Technologies Limited for the purchase of S19j Antminers.
Hash Rate
While providing details about the estimated hash rate in 2022, Riot mentioned that it is planning to reach a total self-mining hash rate capacity of 12.8 EH/s by January 2023.
“Approximately 97% of Riot’s self-mining fleet will consist of the latest generation S19 series miner model. Upon full deployment of all currently contracted miners, the Company’s total self-mining fleet will consume approximately 370 MW of energy,” Riot highlighted.
The recent dip in the price of Bitcoin is not impacting the mining activities across the BTC network. Nasdaq-listed Bitcoin mining company, Riot Blockchain recently announced its production and operation updates for February 2022 and reported a significant surge of 189% YoY in BTC production.
During the recent month, the company produced 436 Bitcoin, compared to 179 coins in the same period last year. As of 28 February 2022, the mining firm held almost 5,783 BTC, produced by Riot’s self-mining operations.
The Bitcoin mining company has expanded its hash rate substantially since the start of 2021. In the recent announcement, Riot provided updates on the expansion of its mining infrastructure.
“Throughout the month of February, Riot has continued to make progress on the first phase of its 200 MW immersion-cooled Bitcoin mining deployment, with over 10,000 S19j Pro Antminers now deployed in immersion-cooling tanks,” said Jason Les, the CEO of Riot Blockchain.
“We have begun the performance evaluation process and will be monitoring our immersion performance data closely over the next 60 days. As our team continues to build out our immersion operation, we are evaluating and assessing future opportunities to further leverage our expertise in immersion-cooling development and deployment,” Les added.
As a result of the company’s enhanced mining infrastructure, its profits increased during last year. In 2021, Riot Blockchain announced collaborations with several leading firms around the world, including Bitmain Technologies Limited for the purchase of S19j Antminers.
Hash Rate
While providing details about the estimated hash rate in 2022, Riot mentioned that it is planning to reach a total self-mining hash rate capacity of 12.8 EH/s by January 2023.
“Approximately 97% of Riot’s self-mining fleet will consist of the latest generation S19 series miner model. Upon full deployment of all currently contracted miners, the Company’s total self-mining fleet will consume approximately 370 MW of energy,” Riot highlighted.
Ethereum has mostly mirrored bitcoin’s run in the recent rally. This has seen the digital asset break as high as $3,000 once again for the year. This point which has proved elusive for the cryptocurrency has continued to give it a hard time. In previous times, Ethereum has had a had time staying above this level. Such has been the case this time around as it fails to secure its spot above e$3K.
Ethereum On The Decline
Like all other cryptocurrencies, Ethereum is a highly volatile asset and as such is subject to wild fluctuations in its price. For the last few months, it has fluctuated but remained mostly around the $2,600 to $ 2,800=0 level. With the recent rally, it was finally able to break out of this trend and begin a whole new one, one which saw it rise above the coveted $3K level.
Related Reading | TA: Ethereum Prints Bearish Pattern, Why It Could Correct To $2.8K
Nevertheless, this recovery would prove to be short-lived given that ETH could not maintain this position. Meeting fierce resistance from the bears at the $3,000 point, the digital asset was unable to form any meaningful support above it. This meant that the price crumbled below it but it would prove to be a continuous downward trend given the current indicators.
The fall below $3k saw the digital asset trading below its 50-day moving average. Now, this is an incredibly important point for cryptocurrencies in general given their high volatility. Since buyers are unwilling to purchase the digital asset at prices they did over the past few weeks, it indicates that Ethereum is still a seller’s market. Thus, it is expected that there will be a continuous downtrend as more coins are dumped on the market.
ETH falls below $3k | Source: ETHUSD on TradingView.com
This however does not spell bad news all around though. A market like ETH’s can quickly switch up and turn into a buyer’s market, especially when prices are as low as they are right now. If this happens, then Ethereum could very well see another 10% bounce that will cement its position above the $3k resistance point.
Market Sentiments Falls To Fear
The Fear & Greed Index had moved out of the fear territory back into a neutral point at the start of the week but this new wave of positive sentiment did not hold. The index has now moved back into fear at a current score of 39 as at the time of this writing, showing that despite recent rallies, investor sentiments are still more negative than anything.
Related Reading | Terra (LUNA) Outperforms Popular Cryptos Ether, Dogecoin In The Past 24 Hours
Ethereum and the crypto market are directly affected by investor sentiment as they show when investors are likely to put money in the market. Currently, with the index in fear, it shows that investors are very wary of putting money in the market. However, this does not necessarily spell bad news for ETH.
Market sentiments drop to fear | Source: Alternative.me
Usually, when most investors are fearful, it can present a good buying opportunity. In the past, whales have been known to take advantage of moments like these to fill their bags. If so, then ETH can kickstart another rally. But only a large absorption of current supply can start the digital asset on this path.
Featured image from CNBC, chart from TradingView.com
Algorand, a next-gen blockchain application network, today announced a major release that will empower the creation of more sophisticated apps while marking a milestone for its cross-chain interoperability.
Developers are now able to build complex dapps for the Algorand ecosystem with smart contract-to-contract calling, and network participants can take their first step towards trustless cross-chain interoperability with quantum-secure keys for the upcoming State Proof technology.
These upgrades come on the heels of a $20 million incentive program from the Algorand Foundation focused on developer tooling and EVM compatibility, putting Algorand at the forefront of blockchain interoperability and post-quantum security while providing features advanced decentralized applications.
“With this latest upgrade, Algorand continues its leadership position when it comes to ongoing delivery of highly sophisticated blockchain technology. We’ve received overwhelmingly positive feedback from developers during the beta testing and are excited to roll out these enhancements to the broader blockchain developer ecosystem.” – Paul Riegle, Chief Product Officer at Algorand
Core elements of this release include:
Smart contract compatibility with contract-to-contract calls: Allows complex dApps that can efficiently and trustlessly interact with other smart contract-based dApps to extend functionality and usability.
Post-quantum secure Falcon Keys: These keys will, in the near future, be used to generate State Proofs, a new blockchain infrastructure that will allow Algorand to be trustlessly accessed in low-power environments like mobile phones, smartwatches, and on other blockchains.
These features add to Algorand’s already advanced tech, high performance, and rich developer resources. Accessible to all types of developers, smart contracts on Algorand can be written in Python or Reach.
Since its launch, Algorand has experienced zero downtime, the highly scalable blockchain supports the creation of DeFi protocols, NFTs, payment solutions, regulated digital assets, and more.
Ferrum Network, a cross-blockchain service company & ecosystem, has now announced it will integrate the zkSync Ethereum layer-2 scaling solution into its suite of products. This synergy comes following Ferrum’s participation in the Series B round for Matter Labs, creator of zkSync.
zkSync is a user-centric zero-knowledge (ZK)-rollup platform for Ethereum and is live on the mainnet.
Recent funding into layer-2 scaling provider Matter Labs came from Ferrum Network’s investment arm, Ferrum Ventures. Matter Labs and its ZK-rollup system — zkSync — will now be integrated into Ferrum Network’s products and ecosystem.
Matter Labs / zkSync
Matter Labs is a pioneer of zero-knowledge rollups. The organization launched the first-ever public ZK-rollup prototype in early 2019, was the first to implement recursive ZK proofs on Ethereum, and created the world’s first practical FPGA-based hardware for ZKP acceleration in 2020.
Recently, Matter Labs announced the first EVM-compatible ZK-rollup on Ethereum’s public testnet, allowing developers to deploy existing Solidity applications to a highly scalable, low-cost environment without sacrificing the security or decentralization provided by Ethereum.
“When you really think about it, most of us in this space are here because of Ethereum. Ferrum’s mission has always been to breakdown barriers to mass adoption… and scaling Ethereum is one of the most important milestones in doing so. It’s a bit poetic to have zkSync — a project uniquely positioned to scale Ethereum — as our first official Ferrum Ventures investment.” – Ian Friend, Co-Founder & COO at Ferrum Network
Integration of zkSync with Ferrum Network
Staking-as-a-Service
Ferrum will be integrating its Staking-as-a-Service products with zkSync, these products include:
Traditional Staking
VIP Staking
NFT Staking
Multi-Asset Staking
LP Staking
These products can foster an enormous amount of TVL on the network and provide a layer of utility for all projects who choose to deploy them.
InfinitySwap
Secondly, Ferrum will be integrating its multi-chain aggregator — InfinitySwap with zkSync.
This will allow for multi-chain swaps for assets deployed on zkSync making these assets more composable and helping to port liquidity to the network. InfinitySwap will look to source the volume transacted across the protocol by leveraging the LPs of DEXs on the zkSync network.
The ultimate goal of InfinitySwap is to become a smart routing multi-chain aggregator that solves the problem of fragmented liquidity by routing fractionalized transactions toward optimal arbitrage opportunities across multiple networks and DEXs.
“At Matter Labs, we’re humbled by the talented teams that wish to work with us in helping usher in the future of open finance. We considered Ferrum Ventures to be a talented team strongly aligned with our mission and values, and look forward to witnessing the impact they’ll have.” – Tyler Perkins, CMO at Matter Labs
zkSync enters the Ferrum ecosystem
Ferrum Network will also extend the benefits of zkSync across its ecosystem with:
Iron Alliance – Matter Labs and zkSync will be part of the Iron Alliance — Ferrum Network’s official group partners. Projects in the alliance will have access to the team at Matter Labs and vice versa.
Ferrum Advisory Services – Projects incubated by Ferrum Advisory Services will also have direct access to the team at Matter Labs and developer support programs when building on zkSync.
“We couldn’t be more thrilled to be joining forces with Matter Labs and zkSync as they embark on a mission to scale Ethereum. We’ll look to facilitate the process via our stake through Ferrum Ventures, our suite of products, and introducing them to the Iron Alliance. Stay tuned!” – The Ferrum Network Team
By Sonia Pinto, Senior Product Marketing Manager and Alexis Hamel, Product Manager, Custody
Coinbase Prime offers custody and trading for more than 50 DeFi coins and tokens, across a wide range of segments, including DEXs, lend, and borrow.We facilitate governance for a growing number of tokens including UNI, COMP, and MKR. This gives our customers the opportunity to directly participate in the governance of DeFi projects.
Asset managers, like Grayscale and Bitwise, are increasingly stepping into DeFi beyond Bitcoin and Ethereum. FinTechs are also expanding their DeFi offerings to cater to growing demand. Venture capital funding for blockchain startups reached $25 billion last year, up 713% from $3.1 billion in 2020. Coinbase Ventures, A16Z and Paradigm are some of the VCs doubling down on DeFi.
As one of the most trusted names in the industry, Coinbase offers access to a broad range of assets, customized account support, and a rapidly growing number of capabilities for our clients to participate in DeFi.
DeFi Opportunities
While Bitcoin or Ethereum are the currency of the blockchains, Defi tokens are built on top of the blockchain and represent a wide range of new opportunities for institutions. As of January 2022, nearly $200 Billion was deposited through smart contracts across major blockchains. This measure is referred to as the Total Value Locked (TVL). Ethereum-based projects alone account for 60% of DeFi TVL.
Defi offers a global, open alternative to financial services consumers utilize today — including savings, loans, trading, and insurance — creating a financial system that is automated, accessible 24/7, permissionless and more transparent. DeFi protocols with the highest adoption rates include Compound and Aave for lending, Curve for stablecoins swap, Uniswap for token swaps, or DYDX for derivatives.
Where do I start?
Gain access to our prime broker by navigating to coinbase.com/prime. Click “Get started” and fill in the required information to apply for a Coinbase Prime account. For our existing clients who have a Coinbase Custody, or Coinbase Exchange account, please contact your account manager or PrimeOps@coinbase.com.
With the recent attack on OpenSea highlighting blockchain vulnerabilities, Charles Guillemet, the CTO of Ledger warns users about “blind signing” which he defines as “consenting a transaction to be signed blindly, without understanding what it means.”
In an interview with Cointelegraph, Guillemet broke down the problems and highlighted issues with blind signing. The Ledger CTO notes that consenting to transactions requires signing a message to be sent to the blockchain. A user is the only one capable of signing transactions with the private key, while others can verify if it’s correct. “The issue is that this message is not intelligible by default. It’s a digital payload,” says Guillemet.
Guillemet also explained that when a coin transfer is signed, it’s normally supported by a wallet that “properly parses the payload and displays its intent.” However, when it comes to signing complex interactions with smart contracts, Guillemet says that “parsing the display is not always properly supported and you have no choice but consenting blindly for a transaction that you don’t understand.”
“It’s risky because you can think you’re signing a transaction to move part of your funds to address A while you actually sign a transaction to move all your funds to address B.”
Related: OpenSea disables features temporarily as contract migration completes
The security expert also gave examples where blind signing led to significant losses. In the most recent OpenSea exploit, users encountered a phishing attack that resulted in the loss of $1.7 million worth in nonfungible tokens (NFTs). Guillemet notes that in this incident, the attackers tricked their victims into blind-signing a message that made them consent to sell all their NFTs for 0 ETH.
“The attacker had only to sign a transaction saying ‘I’m ok to buy these NFTs for 0 ETH,’ and then presented these two messages to OpenSea to actually execute the transaction swapping 0 ETH against all the victims’ NFTs.”
When asked what he thinks is the solution to the issue of blind signing, Guillemet turned to an old crypto adage, “don’t trust, verify.” He tells crypto users to “always verify the transaction you consent to sign.” One suggestion that the security expert brought up is signing transactions using trusted displays that can be found on hardware wallets.
We are witnessing the birth of a digital era. Central Bank Digital Currencies (CBDC) are being developed and tested in preparation for mass adoption by global institutions.
Stablecoins, particularly Tether (USDT) trading volumes are surging at the time of this writing. While it may be attributed to the war between Russia and Ukraine, stablecoins’ usage may only rise over time.
source: messari
In this article I would like to bring to discuss the concept of integrating smart contracts into traditional trading platforms that may be seen in the near future.
The concept is particularly for retail trading but parts may be is used at an institutional level. The demand for both cryptocurrencies and non-fungible tokens (NFTs) is expected to increase 2022. The concept focuses on integrating NFTs into the trading software in exchange for trading benefits.
Aside art NFT, non-fungible tokens have many possible forms of usage. NFTs can replace the traditional ticketing system, the way we vote, coupons and more.
Both forex brokers and crypto exchanges offer traders lower transaction fees based on the monthly trading volumes. This applies to spot trading and futures including perpetual futures.
What if we can enhance the commission structure, increase customer satisfaction and revenue via NFTs?
Integrating Smart Contracts
The standard form of NFTs marketplaces is buying and selling non-fungible tokens. OpenSea, Nifty Gateway and SuperRare all abide by the basic form of buying and selling.
However, NFT owners may also lend their NFTs, ‘NFT renting.’ Non-fungible tokens may be borrowed for a predetermined period of time before returning to the owner.
It is more predominant in companies that specialize in real estate NFTs in the metaverse, lending their virtual properties to other users. My concept evolves around bringing the NFT lending protocols into crypto and forex trading.
Before elaborating on the benefits of these protocols I would like to clarify how NFTs are borrowed via smart contracts. I am focusing on lending NFTs without a collateral.
The terms of the rental is embed in a smart contract such as the rental duration. If the renter agrees to the rental duration and the rental price, a wrapped version of the NFT is minted and sent to the borrower. The original NFT remains at the custody of the lender.
The wrapped NFT has an expiration, which was determined prior to renting the NFT. Once the wrapped NFT expires, the wrapped NFT is sent back to the contract, thus burning the wrapped NFT.
These protocols already exist and are being further developed, known as ‘IQ Protocol.’
IQ Protocol
IQ Protocol yellow sheet
Renting NFTs
Crypto exchanges and forex brokers may benefit from these protocols. I will take trading conditions as an example. The broker may offer its clients with better spreads via dedicated NFTs. For example, it may range from as short as 15 minutes to 24 hours.
If the trader agrees to pay the fee to receive lower spreads, a wrapped NFT is minted and allocated to the trader’s dedicated account in the trading platform. Upon depositing the wrapped NFT, the trading platform recognizes the lower-spreads wrapped NFT and automatically reduces the spreads as long as the wrapped NFT is present.
Once the wrapped NFT expires, it is sent back to the contact (which causes it to burn). Upon the removal of the wrapped NFT form the trading platform the lower-spreads privilege ends automatically.
The tokens for the renting the NFT may be pegged to the US Dollar (stablecoin) to avoid exposure to the market volatility. IQ Protocol blockchain may be used to support the fully automated renting process.
While the broker or the exchange’s commissions may be temporarily reduced, it may be compensated via a large amount of traders that are interested in lower spreads for a certain period of time.
Aside trading conditions, the financial company may award its traders with other incentives. Faster withdrawals and subscriptions to various services offered by the broker may be offered via the smart contracts.
This is a future concept of smart contracts integration to trading platforms as we know them today. A dedicated platform must be developed to allow such functionality.
Welcome to the digital era.
We are witnessing the birth of a digital era. Central Bank Digital Currencies (CBDC) are being developed and tested in preparation for mass adoption by global institutions.
Stablecoins, particularly Tether (USDT) trading volumes are surging at the time of this writing. While it may be attributed to the war between Russia and Ukraine, stablecoins’ usage may only rise over time.
source: messari
In this article I would like to bring to discuss the concept of integrating smart contracts into traditional trading platforms that may be seen in the near future.
The concept is particularly for retail trading but parts may be is used at an institutional level. The demand for both cryptocurrencies and non-fungible tokens (NFTs) is expected to increase 2022. The concept focuses on integrating NFTs into the trading software in exchange for trading benefits.
Aside art NFT, non-fungible tokens have many possible forms of usage. NFTs can replace the traditional ticketing system, the way we vote, coupons and more.
Both forex brokers and crypto exchanges offer traders lower transaction fees based on the monthly trading volumes. This applies to spot trading and futures including perpetual futures.
What if we can enhance the commission structure, increase customer satisfaction and revenue via NFTs?
Integrating Smart Contracts
The standard form of NFTs marketplaces is buying and selling non-fungible tokens. OpenSea, Nifty Gateway and SuperRare all abide by the basic form of buying and selling.
However, NFT owners may also lend their NFTs, ‘NFT renting.’ Non-fungible tokens may be borrowed for a predetermined period of time before returning to the owner.
It is more predominant in companies that specialize in real estate NFTs in the metaverse, lending their virtual properties to other users. My concept evolves around bringing the NFT lending protocols into crypto and forex trading.
Before elaborating on the benefits of these protocols I would like to clarify how NFTs are borrowed via smart contracts. I am focusing on lending NFTs without a collateral.
The terms of the rental is embed in a smart contract such as the rental duration. If the renter agrees to the rental duration and the rental price, a wrapped version of the NFT is minted and sent to the borrower. The original NFT remains at the custody of the lender.
The wrapped NFT has an expiration, which was determined prior to renting the NFT. Once the wrapped NFT expires, the wrapped NFT is sent back to the contract, thus burning the wrapped NFT.
These protocols already exist and are being further developed, known as ‘IQ Protocol.’
IQ Protocol
IQ Protocol yellow sheet
Renting NFTs
Crypto exchanges and forex brokers may benefit from these protocols. I will take trading conditions as an example. The broker may offer its clients with better spreads via dedicated NFTs. For example, it may range from as short as 15 minutes to 24 hours.
If the trader agrees to pay the fee to receive lower spreads, a wrapped NFT is minted and allocated to the trader’s dedicated account in the trading platform. Upon depositing the wrapped NFT, the trading platform recognizes the lower-spreads wrapped NFT and automatically reduces the spreads as long as the wrapped NFT is present.
Once the wrapped NFT expires, it is sent back to the contact (which causes it to burn). Upon the removal of the wrapped NFT form the trading platform the lower-spreads privilege ends automatically.
The tokens for the renting the NFT may be pegged to the US Dollar (stablecoin) to avoid exposure to the market volatility. IQ Protocol blockchain may be used to support the fully automated renting process.
While the broker or the exchange’s commissions may be temporarily reduced, it may be compensated via a large amount of traders that are interested in lower spreads for a certain period of time.
Aside trading conditions, the financial company may award its traders with other incentives. Faster withdrawals and subscriptions to various services offered by the broker may be offered via the smart contracts.
This is a future concept of smart contracts integration to trading platforms as we know them today. A dedicated platform must be developed to allow such functionality.
Bitcoin spiked to test the $45,000 resistance against the US Dollar. BTC is consolidating gains and might correct lower towards $43,000 in the near term.
Bitcoin extended increase and traded close to the $45,000 resistance zone.
The price is trading above $44,000 and the 100 hourly simple moving average.
There is a key contracting triangle forming with resistance near $44,450 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could correct lower if there is a move below the $43,000 support zone.
Bitcoin Price Extends Rally
Bitcoin price started a major increase above the $42,000 level. BTC was able to stay above the $43,000 level and consolidating near $44,000.
Finally, there was another increase and the price climbed above $44,500. The price traded close the $45,000 resistance, where it faced sellers. It is now consolidating gains and there was a minor decline below the $44,500 level.
The price is now trading above $44,000 and the 100 hourly simple moving average. It is also well above the 23.6% Fib retracement level of the upward move from the $37,030 swing low to $44,955 high.
There is also a key contracting triangle forming with resistance near $44,450 on the hourly chart of the BTC/USD pair. Bitcoin is now facing resistance is near the $44,200 level. The first key resistance is near the $44,450 level and the triangle upper trend line.
Source: BTCUSD on TradingView.com
The main resistance is now near the $45,000 level. A clear move above the $45,000 resistance could send the price further higher. In the stated case, it could even attempt a clear move above $45,500.
Dips Limited in BTC?
If bitcoin fails to clear the $44,500 resistance zone, it could start a downside correction. An immediate support on the downside is near the $43,800 zone and the triangle lower trend line.
The next major support is seen near the $43,000 level. If there is a downside break below the $43,000 support, the price might gain decline towards $41,000. It is near the 50% Fib retracement level of the upward move from the $37,030 swing low to $44,955 high.
Technical indicators:
Hourly MACD – The MACD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is still correcting from the overbought zone.
Major Support Levels – $43,800, followed by $43,000.
Major Resistance Levels – $44,200, $44,450 and $45,000.
“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which decentralized autonomous organizations (DAOs) have the most potential in 2022.
But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down.
Next up, the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they debate which DAO has the most potential. Will it be Bourgi’s pick of MonkeDAO, with its large community, Solana-based ecosystem and more than $10 million staked, earning around 7% to support the DAO development?
Not to be outdone, Yuan comes in with the tasty pick of PizzaDAO, which is one of the most revolutionary DAOs to hit the market. It is a global community of creators and pizza lovers who believe that pizza should be free. The DAO is selling rare digital pizza art in the form of nonfungible tokens (NFTs) to raise money to throw a global pizza party! Who wouldn’t want to get into that idea?
Lastly, we have Finneseth with his pick of Merit Circle, which taps into the hottest sectors in blockchain, gaming and the Metaverse. It helps provide a way for gamers to earn money playing the games they love. It also offers scholarships to players by lending them items from the treasury to be used for gameplay as well as delivering educational content with one-on-one coaching sessions to help scholars improve their performance. Currently, it supports 20 different popular games including Axie Infinity. Gaming is an immensely popular sector, but will it be enough to help push Finneseth to the top of our live poll? Once each of our experts has made their case, you, the audience, get to decide the winner by voting in our live poll, so be sure to stick around till after everyone’s presentations to cast your vote.
After the showdown, we’ve got insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. The analysts use Cointelegraph Markets Pro to identify two altcoins that stood out this week: The Sandbox’s SAND and Terra’s LUNA.
Do you have a question about a coin or topic not covered here? Don’t worry. Join the YouTube chat room, and write your questions there. The person with the most interesting comment or question will be given a free month of Cointelegraph Markets Pro, worth $100.
“The Market Report” streams live every Tuesday at 12:00 pm ET (5:00 pm UTC), so be sure to head on over to Cointelegraph’s YouTube page and smash those like and subscribe buttons for all our future videos and updates.