Bad Face Bots: Get in on the NFT Boom!

• Bad Face Bots is a non-fungible tokens collection built on the Ethereum network with 5,555 items.
• The market capitalization of Bad Face Bots NFT collection is 61.11 ETH and it has 6,757 collections sales so far.
• It is difficult to determine whether NFTs from the Bad Face Bots collection is overpriced or underpriced.

Overview of the Bad Face Bot Collection

Bad Face Bots is a non-fungible tokens (NFT) collection built on the Ethereum network launched in 28 December 2021. With 5,555 items in its collection, there are currently 2500 owners within 442 days since its release. The current market capitalization of Bad Face Bots NFT collection is 61.11 ETH as 6,757 collections sales were made at an average price of 0.18 ETH (~$297.02 at the time of writing), creating a total volume in 1,205.409 ETH with a floor price of 0.025 and 30-day trading volume at 0.22 ETH using payment tokens like ETH and WETH to purchase these NFTs from the collection.

Price and Sales

The market capitalization of Bad Face Bots NFT collection is 61.11 ETH since created the Bad Face Bots, 6,757 collections sales were made at an average price of 0.18 ETH (~$297.02 at the time of writing). This created a total volume in 1,205.409 ETH with a floor price of 0

Coinbase, Optimism, Bitcoin & Orbeon: What You Need to Know!

• Coinbase announced its partnership with Optimism (OP)
• Orbeon Protocol (ORBN) sold $800,000 ORBN tokens in 24 hours
• Bitcoin (BTC) took a breather after reaching a peak of over $68,000

Coinbase and Optimism (OP) Partnership

Coinbase recently announced its partnership with Optimism (OP), an Ethereum (ETH) scaling solution that leverages optimistic rollups to process transactions faster and cheaper than on the main blockchain. The news sent Optimism (OP) prices soaring and many investors are optimistic about this layer-2 platform that will be utilized as the foundation for Coinbase’s new platform, called Base.

Orbeon Protocol (ORBN)

Orbeon Protocol is a decentralized finance (DeFi) platform that is disrupting the traditional financial sector by offering innovative solutions such as automated liquidity pools, flash loans and yield farming. This week saw it sell $800,000 ORBN tokens in 24 hours, which has further bolstered investor confidence in this promising DeFi project.

Bitcoin’s Price Fluctuations

Bitcoin (BTC) is widely regarded as the first successful implementation of a peer-to-peer electronic cash system and has experienced several turbulent periods in its history. In the first quarter of 2021, Bitcoin’s price soared to a high of over $68,000 before taking a sharp correction to under $16,000 – representing a drop of more than 75%. 2023 has started off strong for Bitcoin however, with its price rebounding to reach highs of $25,200. Despite this bullish momentum however some analysts are warning of another potential correction in the near future.

Crypto Market Sentiment

The recent news from Coinbase and Orbeon have generated positive sentiment among crypto investors who remain optimistic about the potential for these projects to revolutionize traditional finance. As more projects turn to platforms like Base to scale their operations it’s likely that both Optimism (OP) and Orbeon will gain significant traction in the crypto market going forward.

Conclusion

It has been an eventful week for crypto markets with major news stories coming out around Coinbase partnering with Optimism (OP), Orbeon selling millions worth of tokens and Bitcoin taking a breather after reaching record highs earlier this year. Although some analysts remain cautious about future corrections it appears that market sentiment remains largely positive overall with many investors excited about the potential applications for these projects in traditional finance.

Why Invest in a House When Crypto Is Booming?

• The UK housing market has historically been resilient, with house prices rising steadily for decades.
• In 2022, house prices rose 10.4%, while bitcoins dropped 40.9%.
• Property may be a safer investment than bitcoin but it is not immune to economic headwinds and bitcoin can provide more flexibility in the face of financial uncertainty.

UK Housing Market

The UK housing market has historically been resilient, with house prices rising steadily over the last few decades despite recessions or other economic shocks. In 2022, property outperformed crypto coins with house prices up 10.4% compared to Bitcoin’s 40.9% drop in value year-on-year.

Property VS Bitcoin

Buying a house is often seen as a safe and reliable way to invest one’s wealth due to its long history of price rises and general market resilience; however, this may not always be the case when faced with sudden economic headwinds or changes in employment or prices. Bitcoin provides more options when looking at investments as it can go through regular bull and bear cycles which can make it a more attractive option if investing during the bottom of a cycle.

Pros & Cons

When considering whether to buy a property or invest in bitcoin there are both advantages and drawbacks to consider:

• House – generally seen as safer investment as its values have risen consistently over time; however, having most of ones wealth tied up in a 25 year mortgage may not be the best strategy when facing economic turbulence

• Bitcoin – provides more options than property investments due to its regular bull and bear cycles; however, these cycles mean that investors need to be prepared for significant drops in value which could result in significant losses if not monitored properly

Conclusion

Ultimately when deciding between buying a property or investing in bitcoin it comes down to personal preference and risk appetite – some may prefer the security that comes from bricks and mortar while others may like the flexibility offered by cryptocurrency investment vehicles such as Bitcoin. It is important that before making any decision one takes into consideration all the pros & cons associated with each option before committing any funds so they can make an informed decision about how best manage their money moving forward.

Takeaway

Investing your hard earned money should never be taken lightly therefore it is essential you take into account all potential risks associated with either option before committing any funds so you can make an informed decision on what is best for your individual circumstances moving forward

Own a Piece of History with Bubblegum Kids NFT Collection!

• Bubblegum Kids is a non-fungible token collection built on the Ethereum network.
• There are 3223 total owners of this collection, with 14,849 collections sales to date at an average price of 0.15 ETH (~$246.49).
• The market capitalization of Bubblegum Kids NFT collection is 337.62 ETH and the floor price is 0.0347 ETH.

What is Bubblegum Kids?

Bubblegum Kids is a non-fungible tokens collection built on the Ethereum network launched in 29 September, 2021. 10,000 items of the Bubblegum Kids collection can now be viewed at OpenSea.

Ownership and Price

The total number of owners has reached 3223 within 511 days since its release. The market capitalization of Bubblegum Kids NFT collection is 337.62 ETH with 14,849 collections sales made at an average price of 0.15 ETH (~$246.49 at the time of writing). This created a total volume in 2,258.395 ETH with a floor price of 0.0347 and30-day trading volume kept at 6.63 ETH, payable in tokens such as ETH, WETH, USDC and APE .

Why Are Some NFTs Expensive?

NFTs are very new to the blockchain ecosystem and are still in their infancy so there is no historical data or precedence that can assist in determining their value yet; however projects that started early have garnered more legitimacy due to first mover advantage and have had opportunity to improve themselves making them more valuable while others were made purely out exploitation meaning they have no value instead being garbage assets ultimately..

Is The Bubblegum Kids Collection Over or Underpriced?

It is difficult to determine whether NFTs from the Bubblegum Kids collection are overpriced or underpriced since it will become clearer when the market for NFTs and metaverses develops more actively; however its value will also depend on how it’s developed and promoted by its creators & community .

Examples Of Bubblegum Kid NFT Collection

Bubblegum Kid #2458, #2459 #2460 & #2461 all represent examples from this unique collecton . Fees associated include buyer fee to dev (0 basis points) & seller fee to dev (500 basis points).

Collect and Trade Unique NFTs with Bubblegum Kids!

• The Bubblegum Kids collection is an Ethereum-based non-fungible token collection with 10,000 items.
• It has 3223 owners and a market capitalization of 337.62 ETH.
• The price and value of NFTs in the Bubblegum Kids collection are influenced by the project’s development and promotion.

Overview of Bubblegum Kids Collection

The Bubblegum Kids collection is a non-fungible tokens (NFT) collection built on the Ethereum network launched in 29 September, 2021. 10,000 items of the Bubblegum Kids collection can now be viewed at OpenSea and it has reached 3223 owners within 511 days since its release. Its market capitalization is currently at 337.62 ETH and 14,849 collections sales have been made over time with an average price of 0.15 ETH (~$246.49). The floor price for this NFT is 0.0347 ETH and the 30-day trading volume stands at 6.63 ETH while payment tokens accepted are ETH, WETH, USDC, APE.

Determining Value of NFTs

It is difficult to determine whether or not an NFT from the Bubblegum Kids collection is overpriced or underpriced as it is still a relatively new asset class to blockchain technology without any historical data or precedence which can assist in pricing it accurately. Some projects have become more valuable due to their first mover advantage while others may have been created out of greed or exploitation resulting in no value after all thus making them garbage assets with little to no worth attached to them whatsoever.

Examples from the Collection

Some examples from the Bubblegum Kid’s collections include: #2458, #2459, #2460 & #2461 which are all unique digital artworks created by artists who appreciate what these types of assets can bring to their creative space as well as investors who understand how profitable they could be when done correctly and ethically without any intention to exploit market growth for personal gain only instead providing real value for users around them in order for them to succeed together as a community where everyone can benefit from being involved one way or another through trading or simply enjoying the artwork provided by talented creators behind such projects like this one here mentioned above – The Bubblegum Kids Collection!

Fees Structure

The fees structure for purchasing digital artworks from this particular NTF collection involves 500 basis points going towards developers upon sale completion whereas buyers will incur zero basis points for doing so – making overall investing into such projects more affordable yet still incentivizing those creating it by providing some kind compensation that allows them continue working on their craft without fear of not getting compensated adequately enough otherwise if we were looking just solely at their own pocket money spent into developing such products themselves instead allowing us here now today enjoy these pieces they’ve put so much effort into making something truly special out there!

Conclusion

In conclusion, determining whether NTFs from the Bubblegum Kids collections are overpriced or underpriced will depend on how well its developed and promoted by both its creators and community members alike that help make it successful along with other factors like historical data available regarding similar asset classes etcetera before we can make any definitive conclusions about its potential future potential performance on markets too then – but regardless we can all agree here that there exists plenty potential behind this concept if done correctly so let’s hope these efforts do pay off eventually indeed!

Ripple Donates $1M in XRP for Earthquake Relief in Turkey, Syria

• Ripple has pledged to donate $1 million in its native crypto XRP for earthquake relief efforts in Turkey and Syria.
• Ripple is contributing $250,000 (approximately 654,000 XRP) directly through its Ripple Impact Earthquake Relief fund.
• The company will match all other crypto donations to the fund in a 2:1 ratio up to a limit of $750,000.

Ripple Pledges Million Dollars In Crypto For Earthquake Relief

Cryptocurrency company Ripple has committed upto a million dollars of XRP coin to several organizations collecting funds for relief operations after an earthquake rating 7.8 on the Richter scale hit Turkey and Syria on February 6.

Ripple Impact Earthquake Relief Fund

Ripple announced through Twitter that it would directly donate around $250,000 (approximately 654,000 XRP) through its Ripple Impact Earthquake Relief fund, hosted by Crypto for Charity.

The fintech firm has also announced that it would match all other crypto donations to the fund in a 2:1 to a limit of $750,000. This means that for every dollar of crypto donation, Ripple will contribute $2 till the upper limit of $750,000 is reached.

Organizations Benefiting From Ripple Fund

According to the fintech company, the Ripple Impact Earthquake Fund will equally distribute all the funds received to four non-governmental organizations (NGOs) – CARE, World Central Kitchen, Mercy Corps, and the International Rescue Committee (IRC).

  • CARE: providing food ,shelter hygiene kits warmth supplies and cash assistance in Syria and Turkey.
  • World Central Kitchen: distributing meals for survivors and first responders in Turkey with field kitchens local chefs restaurants and food trucks.
  • Mercy Corps: delivering essential supplies to impacted communities in Syria.
  • International Rescue Committee (IRC): providing support to affected communities by providing hygiene supplies health care services creating safe spaces for women and children.


Crypto Community Rallies For Turkey-Syria

Crypto donations have pooled in with the global crypto community rallying support Over 9 million of crypto has already been donated for relief efforts for the areas most affected by this natural disaster Ethereum co-founder Vitalik Buterin has sent around 250 ETH around 394 000 USD )to different earthquake relief organizations in this area The Tezos Foundation is also donating around 50 000 XTZ

< h2 >Disclaimer
< p >This article is provided for informational purposes only It is not offered or intended to be used as legal tax investment or other professional advice

Coinbase Ex-Employee Pleads Guilty to Wire Fraud Conspiracy

• The US Department of Justice announced that former Coinbase employee Ishan Wahi pled guilty to two counts of conspiracy to commit wire fraud.
• Wahi is accused of tipping off his brother and associate about upcoming crypto assets listed on Coinbase which allowed them to earn $1.5 million in profits.
• If convicted, Wahi faces up to 20 years in prison for each count of conspiracy to commit wire fraud.

Former Coinbase Employee Pleads Guilty To Wire Fraud Conspiracy

The United States Department of Justice announced that former Coinbase employee Ishan Wahi pled guilty to two counts of conspiracy to commit wire fraud. Wahi, along with his brother Nikhil and associate Sameer Ramani, was charged by the DOJ last year with „wire fraud conspiracy in connection with a scheme to commit insider trading in cryptocurrency assets.“

Accused Generated $1.5 Million In Illegal Profits

According to reports by the New York Times, Mr. Wahi began working on Coinbase’s asset listing team in October 2020, which gave him access to information about which cryptocurrency Coinbase would offer on its platform. Ishan Wahi provided information regarding these listings to his brother Nikhil and associate Sameer Ramani, allowing them to execute profitable trades secretly. Prosecutors estimate the three accused were involved in trades that used information about 14 listings and generated around $1.5 million in profits.

Wahi To Be Sentenced On May 10th

Ishan Wahi is scheduled to be sentenced on May 10 and faces up to 20 years in prison for each count of conspiracy for wire fraud. His brother Nikihil was sentenced back in January 2021 and slapped with a fine of $892,500 after pleading guilty for one count of conspiracy for committing wire fraud as well.

Federal Authorities Crack Down On Crypto Industry

The case involving the Wahi brothers marks the first insider trading case involving cryptocurrencies and is part of federal authorities‘ global onslaught on the industry. Nicolas Roos, an assistant U.S attorney who prosecuted Ishan Wahi is also leading a case against Sam Bankman-Fried as well..

Disclamer

This article is provided for informational purposes only and is not offered or intended as legal advice or counsel or as an endorsement or recommendation concerning any particular security transaction or investment strategy..

Rally Shuts Down Sidechain Amid Crypto Winter: 570% Welcome Bonus & Free Spins at Wild.io

• Rally, a social token platform, announced the shutdown of its sidechain blockchain network on January 31.
• The platform cited difficult market conditions and lack of funding as the major obstacles for its closure.
• Rally’s sidechain was expensive to maintain compared to newer layer-1 blockchain tech stacks.

Rally Announces Sidechain Shutdown

Rally, a social token platform, announced on January 31st that it will be shutting down its sidechain blockchain network. This means that users will no longer be able to access non-fungible tokens (NFTs) on the sidechain. The company communicated this message via email to its users and explained that the winding down process would begin immediately.

Challenging Market Conditions

The company acknowledged that 2022 has been a challenging year not only for their platform but also for the entire cryptocurrency sector as well. Despite their efforts in creating a new path for business continuity, they were unable to overcome the negative macroeconomic factors and ongoing challenges which began last year.

Funding Obstacle

The CEO of Rally admitted that funding had become an obstacle for them and was the major reason behind their decision to shut down their sidechain. They developed the sidechain back in 2018 but since then have found it increasingly expensive to maintain when compared with other newer layer-1 blockchain tech stacks which have emerged since then.

NFT Services Unavailable

With the closure of their sidechain, NFT services are no longer supported by Rally and may soon become inaccessible or experience a decline in service availability due to this shutdown.

Crypto Winter Effects

Rally is just one victim among many others of this current crypto winter which has caused various crypto firms to announce bankruptcy protection or layoff massive amounts of employees while regulators continue heightening their oversight over these activities during this time period.

Bitcoin Price Rally Stalls After RSI Overheating – What’s Next?

• The Bitcoin price rally has stalled for five days due to Bitcoin’s Relative Strength Index (RSI) showing severe overheating.
• The stalling of the BTC price at $23,000 could signal a healthy consolidation before a new price rally.
• The upcoming FOMC meeting of the U.S. central bank on February 1 could set the tone for the future of the Bitcoin price.

The Bitcoin price has been in the spotlight recently as it experienced a tremendous surge from $21,000 to $23,000 last Friday. However, the rally has since stalled, causing many investors to question the future of the world’s largest cryptocurrency.

The reasons behind this stalling of the Bitcoin price are diverse. Firstly, Bitcoin’s Relative Strength Index (RSI) on a daily basis showed severe overheating during the recent surge from $21,000 to $23,000. The RSI is a technical indicator that reveals how oversold or overbought a certain asset is. During the recent rally, the daily RSI was near 90 at times but has since cooled to 78 at press time. This could be a sign that a healthy consolidation is taking place, which could be a precursor for a new price rally.

Another factor that could be influencing the Bitcoin price is its correlation with the U.S. Dollar Index (DXY) and the S&P 500. Generally speaking, a weakening dollar is bullish for risk assets like Bitcoin and the S&P 500. However, the weekly chart of the DXY reveals that the dollar index is still holding above its weekly support at 101, which experts consider an extremely crucial support level. If the DXY breaks below this mark, the Bitcoin price could experience a significant boost.

The next FOMC meeting of the U.S. central bank will take place in just one week, on February 1. This meeting could have a significant impact on the future of the Bitcoin price, as it will set the tone for the direction of the U.S. dollar and the global economy. If the FOMC signals that it is likely to keep interest rates low for the foreseeable future, it could lead to a weakening of the dollar and a surge in the price of Bitcoin.

Overall, it is clear that the near-term future of the Bitcoin price is highly dependent on the upcoming FOMC meeting. If the FOMC signals a dovish stance, it could lead to a surge in the Bitcoin price. However, if the FOMC signals that it is likely to hike interest rates soon, it could cause the Bitcoin price to fall. Investors should therefore keep a close eye on the upcoming FOMC meeting and be prepared to take action depending on the outcome.

Ethereum Surges 20% As Vitalik Buterin Shares Vision For 2032

• Ethereum has been breaking barriers since the start of the year, currently trading at $1,588 and gaining 20% in the past week.
• The recent Shanghai network upgrade has generated buzz in the market and Vitalik Buterin has shared his vision of the Ethereum ecosystem in the year 2032.
• Analysts are still bullish on Ethereum’s short-term prospect and believe that if Buterin’s vision turns into a reality, the Ethereum ecosystem would become the most decentralized in the world of DeFi.

The cryptocurrency market has seen a major resurgence as of late, with Bitcoin and Ethereum leading the charge. Ethereum, the top altcoin, has been making headlines this week after gaining 20% in the past seven days, boasting a current price of $1,588 according to CoinGecko. This surge in price comes at the heels of the latest news regarding the Shanghai network upgrade, which would add new features on the Ethereum platform.

The upgrade has generated a buzz in the market and the Ethereum Foundation has stated that it would “unlock new possibilities for the Ethereum ecosystem.” Vitalik Buterin, the founder and inventor of Ethereum, recently shared his vision for the cryptocurrency in the year 2032. According to Buterin, Ethereum’s future would involve the ability to run nodes on a phone and this could help to solidify Ethereum’s position as a major player in the DeFi space.

Analysts are still bullish on Ethereum’s short-term prospect and believe that if Buterin’s vision turns into a reality, the Ethereum ecosystem would become the most decentralized in the world of DeFi. This would provide Ethereum with a competitive edge over other platforms and could help to drive the price of Ethereum higher. With that being said, traders and investors should remain vigilant in the days and weeks to come, as the cryptocurrency markets are notoriously volatile and unpredictable.

Despite the volatility, Ethereum has seen a remarkable recovery since the start of the year, and the Shanghai network upgrade could be just the catalyst that Ethereum needs to reach new heights in 2021. With the increasing buzz and positive sentiment surrounding the cryptocurrency, Ethereum could very well reach the $2,000 mark this year and beyond. For now, traders and investors should continue to monitor the market closely and be prepared for any changes that may occur in the coming days and weeks.