Category: tezos

Swiss Bank Seba Now Lets Customers Earn Yield on Crypto Holdings

Swiss Bank Seba Now Lets Customers Earn Yield on Crypto Holdings

A FINMA-licensed Swiss bank, Seba, has launched a program enabling clients to earn yield on their crypto holdings. In addition, the bank will “provide support for centralized lending and borrowing services, enabling investors to generate yield by lending bitcoin and ethereum directly with Seba Bank.”
Seba Earn Lets Clients Generate Rewards From Crypto Investments
Seba Bank, a digital asset banking platform licensed by the Swiss Financial Market Supervisory Authority (FINMA), announced the launch of Seba Earn Wednesday. The Switzerland-based bank described the new offering as “an institutional-grade solution enabling clients to earn yield on their crypto holdings.”
Noting that “The launch of Seba Earn caters to growing demand from institutions to manage a range of digital asset yield use cases from staking to decentralized finance (defi), and centralized lending and borrowing,” the bank elaborated:
Seba Earn’s comprehensive staking management platform will enable institutions and individuals to generate rewards from their crypto investment on networks including Tezos, Polkadot, and Cardano, with more protocols coming in the coming months.

In addition, the announcement explains:
Seba Earn will also provide support for centralized lending and borrowing services, enabling investors to generate yield by lending bitcoin and ethereum directly with Seba Bank.
The bank also noted that it “will continue integrating support for additional coins.”
Guido Buehler, CEO of Seba Bank, commented: “It is clear that as institutional interest in digital assets accelerates, investors have a broader appetite for crypto assets, with a particular interest in earning services like staking, defi and centralized crypto borrowing and lending.”
What do you think about Seba Bank launching a crypto earning program? Let us know in the comments section below.

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borrowing, Cardano, decentralized finance, DeFi, earning program, finma, lending, lending bitcoin, lending ethereum, Polkadot, regulated bank, seba, SEBA Bank, seba earn, staking program, Tezos

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way

FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way

On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future.
FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in the Near Future
West Realm Shires Services Inc., the parent company of FTX US, revealed on Monday that the U.S.-based regulated cryptocurrency exchange has launched the FTX NFTs Marketplace. The market will give FTX US users the ability to mint NFTs, as well as transfer the digital collectibles. The announcement published on October 11, indicates that the market will initially host Solana (SOL) minted non-fungible token (NFT) assets. “In the near future,” FTX NFTs plans to implement Ethereum support as well.
Screenshot of the FTX NFTs Marketplace. The Solagon NFT collection.
Brett Harrison, the president of FTX US explained during the announcement that the company has already become “immersed in the NFT ecosystem.” “In learning about so many of these projects, we’ve come to a comprehensive understanding of the needs of creators and collectors in the space,” Harrison said in a statement. “With the launch of this platform, we hope to provide both US and global users with a regulated marketplace that is intuitive and responsive to their needs.”

FTX Joins a Slew of Competitor NFT Marketplaces Raking in Billions, Exchange to Support all Solana NFTs That Conform to the Metaplex Standard
FTX NFTs Marketplace will indeed have a large quantity of NFT markets to compete with like Opensea, Rarible, Makersplace, Nifty Gateway, the Wax Atomicmarket, Aavegotchi, Foundation, Superrare.co, Hic et nunc, and more. Opensea by itself is nearing the $10 billion mark in terms of sales as the NFT market which supports both Ethereum and Polygon has captured $8.58 billion in all-time sales. While most of these markets do support Ethereum, some of them leverage Polygon, Tezos, Wax, BSC, and Flow.
Screenshot of the FTX NFTs Marketplace. The Cyber Frogs NFT collection.
FTX US planning to tap into the Solana ecosystem may give the market some initial advantages by separating itself. The company detailed that it plans to work “directly with Solana project creators to ensure authenticity verification” and highlighted that bids or listings can be done with a variety of assets including USD, SOL or ETH. “All Solana NFTs that conform to the Metaplex standard will be supported on the FTX US platform,” the firm’s announcement further explains.
Harrison and FTX US believe that the non-fungible token (NFT) collectible industry has gained access into our everyday lives. “The NFT ecosystem has started to infiltrate pop culture, but has been lacking a platform that provides easy access and exposure to the mainstream audience,” Harrison’s statement concluded.
What do you think about FTX US launching an NFT marketplace that supports Solana-based NFTs? Let us know what you think about this subject in the comments section below.

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$8.58 billion Opensea, Aavegotchi, Brett Harrison, BSC, Ethereum, Ethereum support, Flow, foundation, FTX NFTs Marketplace, FTX US platform, FTX.US, Hic et Nunc, Makersplace, market, nft, NFTs, Nifty Gateway, Opensea, Polygon, Rarible, Solana ecosystem, Superrare.co, Tezos, WAX, Wax Atomicmarket

Image Credits: Shutterstock, Pixabay, Wiki Commons, FTX NFTs Marketplace, Cyber Frogs NFT collection, Solagon NFT collection,

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Crypto Analyst Scott Melker Predicts Big Rallies for Several Altcoins – Here Are His New Price Targets

Crypto Analyst Scott Melker Predicts Big Rallies for Several Altcoins – Here Are His New Price Targets

Popular crypto trader and analyst Scott Melker is predicting new rallies for Polygon and two other altcoins while saying that Tezos is cleared for take-off.
Melker tells his 595,300 Twitter followers that Ethereum scaling solution Polygon (MATIC) is primed to move higher after taking out its diagonal resistance that has kept the altcoin in a downtrend last month.
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Arab Bank has chosen Tezos to facilitate institutional custody service

Arab Bank has chosen Tezos to facilitate institutional custody service

Arab Bank Switzerland announced Tuesday that it will integrate staking, trading, and custody services onto the Tezos blockchain’s native token (XTZ) in a bid to provide a digital asset environment for institutions, corporations, and high net-worth individuals. The 50-year old establishment partnered with Tezos in the hope of benefiting from the ecosystems inherent focus on energy conservation, low-gas fees and fast upgrades. Managing Director of Arab Bank Switzerland, Rani Jabban commented on the institution’s ambitions following the announcement:“Digital Assets are a cornerstone of our strategy, requiring strong agility while complying with the highest security standards. Our mission is to bridge tradition and cutting-edge innovation. Tezos, with its scalability, high quality governance, and staking possibilities, fits perfectly within our vision.”Related: Tezos risks correction below record high with XTZ rallying 250% since JulySwiss banking institutions have become prominent spearheads for the global crypto community’s adoption of digital assets over the past few years, benefiting from the country’s lenient policies on regulation. Just last week, fellow Swiss banking institution, SEBA Bank AG became one of the world’s first digital asset banks to be granted the approval of a CISA license from FINMA to facilitate a premium-grade custodial service for Swiss collective investment schemes.Analytical data from Cointelegraph Markets reveals that the Tezos token (XTZ) has experienced a continuation of bullish growth this week, rising 45.50% following a parabolic couple of months for the asset. Much of this technical momentum is due to the platform’s NFT facilitation last month a move that soon encouraged a partnership with US musician Doja Cat.

Crypto Trader Michaël van de Poppe Predicts Rallies for Chainlink and Tezos, Outlines Bottom Targets for Cardano and VeChain

Crypto Trader Michaël van de Poppe Predicts Rallies for Chainlink and Tezos, Outlines Bottom Targets for Cardano and VeChain

Crypto strategist and trader Michaël van de Poppe says he’s expecting rallies for Chainlink and Tezos as he plots his bottom targets for Cardano and VeChain.
In a strategy session, Van de Poppe tells his 132,000 YouTube subscribers that decentralized oracle network Chainlink (LINK) is mirroring its price action late last year when the coin corrected before igniting a huge rally to its all-time high above $50.
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Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, XTZ, AXS

Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, XTZ, AXS

The sentiment in the crypto markets can change quickly as seen from the Crypto Fear and Greed Index, which has risen from levels of extreme fear on Sept. 30 to neutral today. The sentiment may improve further if Bitcoin (BTC) breaks out and sustains above the psychologically critical level at $50,000.One important event that may boost short-term sentiment is the U.S. Securities and Exchange Commission’s (SEC) decision on Bitcoin exchange-traded fund (ETF) applications. Although the SEC extended the deadline of four Bitcoin ETF applications by 45 days on Oct. 1, Bloomberg’s senior ETF analyst Eric Balchunas is hopeful that a futures-backed Bitcoin ETF may receive the green signal by the middle of October. Crypto market data daily view. Source: Coin360Balchunas said the Bitcoin futures-based ETF applications, which have found support from SEC chair Garry Gensler, “are very much alive and likely on schedule (we think 75% chance approved in Oct).”If bulls build on the recent strength in Bitcoin and clear the hurdle at $50,000, several altcoins may pick up momentum. Let’s study the charts of the top-5 cryptocurrencies that may outperform in the short term.BTC/USDTBitcoin broke above the 50-day simple moving average ($46,633) on Oct. 1 but the bears are attempting to stall the recovery near the resistance at $48,843.20. However, a positive sign is that bulls have not allowed the price to dip below the 50-day SMA. BTC/USDT daily chart. Source: TradingViewThe 20-day exponential moving average ($45,141) has turned up and the relative strength index (RSI) is in the positive territory, indicating advantage to the bulls. If buyers push the price above $48,843.20, the BTC/USDT pair could rally to $52,920.This level may again act as stiff resistance but if bulls bulldoze their way through, the head and shoulders pattern will be invalidated. That could result in a pick-up in momentum and the pair could rise to $60,000.Contrary to this assumption, if the price turns down from the current level and breaks below the moving averages, it will suggest that higher levels are attracting aggressive selling from the bears. The pair may then drop toward $40,000.BTC/USDT 4-hour chart. Source: TradingViewBoth moving averages on the 4-hour chart are sloping up and the RSI is near the overbought zone, indicating the path of least resistance is to the upside. The price has been consolidating in a tight range between $47,000 and $48,495 for some time. If bulls thrust the price above $48,843, the pair could rise to the psychological mark at $50,000 and then challenge the stiff resistance at $52,920.Conversely, if the price turns down and breaks below the 20-EMA, it will suggest that short-term traders are booking profits. The pair could then drop to $45,000 and later to the 50-SMA.LUNA/USDTTerra protocol’s LUNA token broke above the downtrend line on Oct. 2 and bulls followed it up with a break above the all-time high at $45.01 today. However, the long wick on today’s candlestick suggests that bears are attempting to defend the $45.01 level aggressively.LUNA/USDT daily chart. Source: TradingViewIf the price turns down from the current level but rebounds off the downtrend line, it will suggest that the sentiment remains positive and traders are buying on dips. The bulls will then make one more attempt to push the price above the $45.01 to $46.17 resistance zone and start the next leg of the uptrend. The psychological level at $50 may act as a resistance but if it is crossed, the LUNA/USDT pair may rally to $65.On the contrary, if the price turns down and breaks below the 20-day EMA ($36.30), the next stop could be the 50-day SMA ($32.97). A break below this support will suggest that the bulls are losing their grip.LUNA/USDT 4-hour chart. Source: TradingViewAlthough bulls pushed the price above $45.01, the long wick on the candlestick shows selling at higher levels. The bears are currently attempting to trap the aggressive bulls who may have gone long above $45.01.The first support on the downside is the 20-EMA. A strong bounce off this support will suggest the sentiment remains positive. The bulls then try to propel the price above $46.17.Alternatively, a break below the 20-EMA could pull the price down to the 50-SMA. If this support cracks, the pullback may deepen to $33.ATOM/USDTCosmos (ATOM) successfully held the breakout level at $32.32 on Sep. 29, which suggests that sentiment remains positive and bulls are buying on dips.ATOM/USDT daily chart. Source: TradingViewThe bulls pushed the price above the 20-day EMA ($35.88) on Sept. 30 but the momentum has failed to pick up. This suggests that bears have not thrown in the towel yet and are selling on rallies. The bulls will have to thrust and sustain the price above $44.80 to signal the resumption of the uptrend.The long wick on today’s candlestick suggests selling at higher levels. If the price turns down from the current level and breaks below the 20-day EMA, the bears will make one more attempt to sink the price below $32.32. If they succeed, the ATOM/USDT pair could drop to the 50-day SMA ($28.54).ATOM/USDT 4-hour chart. Source: TradingViewThe pair turned down from the resistance line of the symmetrical triangle, indicating that bears are defending this level aggressively. If the price rebounds off the moving averages, the bulls will make one more attempt to push the price above the triangle.If they succeed, the pair could rally to $44.80 and then to the psychological level at $50. A break and close above this level could open the doors for an up-move toward the pattern target at $57.61.On the contrary, if the price slips below the moving averages, the next stop could be the support line. If this level cracks, the pair could drop to $28.83 and then to $24.50. Related: Ethereum fractal from 2017 that resulted in 7,000% gains for ETH appears again in 2021XTZ/USDTTezos (XTZ) rebounded off the 50-day SMA ($5.50) on Sept. 29 and the momentum picked up after the bulls pushed the price above the 20-day EMA ($6.40) on Sept. 30.XTZ/USDT daily chart. Source: TradingViewSustained buying pushed the price above the overhead resistance zone at $8.03 to $8.42. Both moving averages are sloping up and the RSI is near the overbought territory, indicating that bulls are in control.If bulls sustain the price above $8.42, it will suggest the start of a new uptrend. Contrary to this assumption, if bears pull and sustain the price below $8.03, it will suggest profit-booking at higher levels. The XTZ/USDT pair could then drop to the 20-day EMA.XTZ/USDT 4-hour chart. Source: TradingViewThe 4-hour chart shows the formation of a symmetrical triangle pattern, which usually acts as a continuation pattern. The bulls pushed the price above the triangle and successfully held the breakout level, indicating the start of an up-move.This setup has a pattern target at $11.33. The rising 20-EMA and the RSI in the overbought zone suggest that bulls have an edge.The first sign of weakness will be a close below $8.03. That could open the doors for a retest of the 20-EMA. A strong rebound off this level will suggest that the sentiment remains positive and traders are buying on dips. Conversely, a break below the 20-EMA could pull the price down to $7 and later to $6.50.AXS/USDTAxie Infinity (AXS) soared above the previous all-time high at $94.67 on Oct. 1, which suggests the resumption of the uptrend. A coin hitting a new all-time high is a positive sign as it shows strong demand from traders.AXS/USDT daily chart. Source: TradingViewThe AXS/USDT pair has been facing resistance near $120.57 but the positive sign is that bulls have not given up much ground. This shows that traders are not hurrying to book profits after the recent rally and are buying the dips.The 20-day EMA ($77) has started to turn up and the RSI is in the overbought zone, indicating that bulls have the upper hand. If buyers drive the price above $120.57, the pair could start its northward march toward $150 and then $165.58. Contrary to this assumption, if bears pull the price below the breakout level at $94.67, it may result in aggressive profit-booking by traders and the pair may then drop to the 20-day EMA.AXS/USDT 4-hour chart. Source: TradingViewThe pair has rebounded off $103.22 and the bulls are currently attempting to push the price above the overhead resistance at $110.50. The upsloping moving averages and the RSI in the overbought zone indicate the path of least resistance is to the upside.If buyers push the price above $110.50, the pair could retest the critical resistance at $120.57. A break and close above this level could signal the resumption of the uptrend.On the other hand, if the price turns down from the overhead resistance, the pair may consolidate for some time before starting the next directional move. The first sign of weakness will be a break and close below the 20-EMA. Such a move will suggest that the bullish momentum has weakened and supply exceeds demand.The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.

Top 5 cryptocurrencies to watch this week: BTC, AVAX, ALGO, XTZ, EGLD

Top 5 cryptocurrencies to watch this week: BTC, AVAX, ALGO, XTZ, EGLD

China has attempted to stifle the crypto sector’s growth on several occasions in the past 12 years but barring a minor blip, the blanket bans on crypto-commerce have not altered the long-term growth of cryptocurrencies. This shows that no one country, even if it is the second-largest economy in the world, can halt the emergence and growth of cryptocurrencies.Deutsche Bank analyst Marion Laboure said in an update on the bank’s website that Bitcoin (BTC) is likely to “remain ultra-volatile in the foreseeable future” as most people buy it either for investment or for speculation rather than using it as a medium of exchange.However, Laboure believes that Bitcoin could become “the 21st century’s digital gold” and the trend could continue for centuries with no major control by the government. Crypto market data daily view. Source: Coin360At Morningstar’s yearly investment conference, Dennis Lynch, the head of asset management at Counterpoint, likened Bitcoin to the South Park cartoon character Kenny. Lynch said: “I like to say that bitcoin’s kind of like Kenny from South Park — he dies every episode, and is back again.”As the effect of the China FUD diminishes, let’s study the charts of the top-5 cryptocurrencies that may remain strong in the short term.BTC/USDTBitcoin has once again bounced off the 100-day simple moving average ($41,002), suggesting that bulls are attempting to defend this level aggressively. The bulls will now try to push the price above the 20-day exponential moving average ($45,178). BTC/USDT daily chart. Source: TradingViewThe downsloping 20-day EMA and the relative strength index (RSI) in the negative zone suggest that bears have the upper hand. If the price turns down from the 20-day EMA, the possibility of a break below the 100-day SMA will increase.Such a move will complete the bearish head and shoulders pattern, which has a target objective at $32,423.05.The bulls will have to push and sustain the price above the overhead resistance at $48,843 to open the doors for a possible rally to $52,920. A break and close above this level could signal the resumption of the uptrend.BTC/USDT 4-hour chart. Source: TradingViewThe BTC/USDT pair is witnessing a tough tussle between the bulls and the bears near the neckline. The bulls have pushed the price above the 20-EMA and will next try to clear the overhead hurdle at $45,200.If they can pull it off, the pair could climb to $49,000. Conversely, if the price turns down from the current level, the bears will try to pull the price below the critical support zone at $41,000 to $39,600. A violation of this zone may indicate the start of a downtrend.AVAX/USDTAvalanche (AVAX) is trading inside an ascending channel pattern. The long tail on today’s candlestick suggests that bulls are aggressively buying on dips to the 20-day EMA ($61).AVAX/USDT daily chart. Source: TradingViewThe rising moving averages and the RSI in the positive zone indicate advantage to buyers. The AVAX/USDT pair could now try to retest the all-time high at $79.80. This is an important level to watch out for because a break above it could signal the resumption of the uptrend.The pair could then rally to the resistance line of the channel and the bullish momentum may pick up if this hurdle is crossed.Conversely, if the price turns down from the current level or the overhead resistance and breaks below $60.04, it will suggest the start of a deeper correction to the 50-day SMA ($45).AVAX/USDT 4-hour chart. Source: TradingViewThe pair has bounced off the 100-SMA and the bulls are attempting to sustain the price above the 20-EMA. If they manage to do that, the pair could start its northward march to $79.80 where the bears may again mount a stiff resistance.On the downside, the critical level to watch is the support line of the channel. A break and close below this support will be the first indication that the bulls may be losing their grip. If the price slips below $60.04, the decline could extend to $55.ALGO/USDTAlgorand (ALGO) is trading below the 20-day EMA ($1.77) but the long tail on today’s candlestick suggests that bulls are attempting to defend the support at $1.51. ALGO/USDT daily chart. Source: TradingViewIf bulls drive and sustain the price above the downtrend line, it will suggest that the short-term correction could be over. The ALGO/USDT pair could then rise to $2.15 and then to $2.55.Alternatively, if the price turns down from $1.84, the pair could again drop to $1.51. If the bulls defend this support, the pair may remain range-bound between $1.84 and $1.51 for a few days.A break and close below $1.51 will signal a possible change in trend. The pair could then slide to the next support at $1.15.ALGO/USDT 4-hour chart. Source: TradingViewThe pair is trying to rebound off the strong support at $1.51 but the recovery may hit a barrier at the moving averages and then again at the downtrend line. If the price turns down from the overhead resistance, it will indicate that sentiment remains negative and traders are selling on relief rallies. That will increase the likelihood of a break below $1.51.This negative view will be negated if the price rises and sustains above the downtrend line. The bulls will then make one more attempt to resume the up-move. Related: Derivatives data suggests Solana has reached a short-term topXTZ/USDTTezos (XTZ) rebounded sharply from the breakout level at $4.47 on Sept.22, indicating aggressive buying on dips. The bulls pushed the price back above the 20-day EMA ($6.10) on Sept. 23 and have held the level since then.XTZ/USDT daily chart. Source: TradingViewThe moving averages are sloping up and the RSI is in the positive territory, suggesting that bulls have the upper hand. The buyers are likely to challenge the overhead resistance zone at $8.03 to $8.42.A breakout and close above this zone will signal the start of the next leg of the uptrend. The pair could then rally to the psychological mark at $10.Contrary to this assumption, if the price turns down from the current level or the overhead resistance and breaks below the 20-day EMA, the pair could drop to $4.47. XTZ/USDT 4-hour chart. Source: TradingViewThe pair is attempting to rebound off the 20-EMA, indicating that sentiment has turned positive and traders are buying on dips. The bulls will now try to push the price to the overhead resistance at $7.50.If this level is scaled, the pair may rally to $8.03 where the bears are likely to mount a stiff resistance. If bulls do not give up much ground from this resistance, the possibility of a break above it will increase.This bullish view will invalidate if the price turns down and breaks below the moving averages. Such a move could result in a drop to $5.50 and then $4.47.EGLD/USDTElrond (EGLD) bounced off the 50-day SMA ($181) but could not clear the overhead hurdle at $245.80. This suggests that bulls are buying on dips while bears are selling on rallies.EGLD/USDT daily chart. Source: TradingViewThe 20-day EMA ($220) has flattened out and the RSI is just above the midpoint, indicating a balance between supply and demand.The buyers are attempting to sustain the EGLD/USDT pair above the 20-day EMA. If they manage to do that, the bulls will again try to push the pair above $245.80. If they manage to do that, the pair could rally to $303.03. On the contrary, if bears pull the price down from the current level, a retest of the 50-day SMA is possible. A break and close below this support could open the doors for a further decline to the 100-day SMA ($132).EGLD/USDT 4-hour chart. Source: TradingViewThe pair has bounced off the uptrend line, which suggests that traders are buying on dips. The bulls will now try to propel and sustain the price above the downtrend line. If they succeed, the pair may resume its up-move and rally to $277.88 and then to $303.03.Contrary to this assumption, if the price turns down from the downtrend line, the bears will try to gain an advantage by pulling the price below the uptrend line. Such a move could clear the path for a deeper correction.The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.

Bitcoin bulls make a run on $45K after Twitter debuts crypto tipping

Bitcoin bulls make a run on $45K after Twitter debuts crypto tipping

Bullish optimism is on the rise across the cryptocurrency market on Sept. 23 as prices continue to recover from this week’s volatility which was the result of regulatory pressure on the crypto sector, the Federal Open Market Committee meeting on the Fed’s interest rate hikes and monetary policy, along with fears that the Evergrande situation would ripple out to impact global financial markets.Data from Cointelegraph Markets Pro and TradingView shows that after trading in a range between $43,000 and $44,300 during the early trading hours on Sept. 23, the price of Bitcoin (BTC) spiked above $44,800 in the early afternoon and now takes aim at flipping the $45,000 resistance level into support. BTC/USDT 4-hour chart. Source: TradingViewThe timing of the spike in BTC price aligns closely with Twitter’s announcement that users will now be able to tip other users with cryptocurrencies like Bitcoin thanks to an integration with Strike, a payment application built on the Lightning network that enables low-cost Bitcoin transactions. BREAKING: Twitter is launching Bitcoin Lightning Network tipping functionality on iOS.— Pomp (@APompliano) September 23, 2021This development came as the momentum across the cryptocurrency ecosystem was already on the rise with the top altcoin Ether (ETH) back above $3,100. Data also shows that the Ether balance held in reserves on major cryptocurrency exchanges has reached an all-time low. Altcoins fully reboundThe altcoin market is firing on all cylinders as competition in the layer-one field heats up with projects like Terra (LUNA), Avalanche (AVAX) and Cosmos (ATOM) making gains in terms of price and attracting new users thanks to lower-cost transactions and faster processing times. Daily cryptocurrency market performance. Source: Coin360Celer (CELR) is the top gainer on the 24-hour after seeing its price spike by 52% to a new all-time high at $0.14, while Celo (CELO) has put on a 24% gain and trades at $7.80. Other notable performances include a 23% gain for COTI, a 21% gain for Tezos (XTZ) and a 20% rally from Origin Trail (TRAC).The overall cryptocurrency market cap now stands at $1.999 trillion and Bitcoin’s dominance rate is 42%.The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

Largest NFT Market by Volume Opensea Launches Smartphone Application

Largest NFT Market by Volume Opensea Launches Smartphone Application

On September 17, the largest non-fungible token (NFT) marketplace in terms of volume, Opensea, announced the launch of the platform’s mobile application. Opensea marketplace users can now access a wide variety of NFT collections on their smartphones by downloading the application from Apple’s App Store or the Google Play store.
Opensea Launches Mobile App for iOS and Android Phones
According to marketplace statistics from dappradar.com, Opensea is the largest NFT market in terms of global trade volume. All-time statistics indicate that Opensea has seen 625,620 traders and $6.53 billion in volume. Axie Infinity and the Cryptopunks NFT collection fall behind Opensea’s volume as Axie Infinity has seen $2.11 billion and Cryptopunks has gathered $1.31 billion.
In recent times, Opensea has added Polygon (MATIC) support and toward the end of July, the leading marketplace announced a $100 million capital raise. Opensea has continued to see record sales but on September 15, the company announced that an employee was caught leveraging insider information to trade.
The NFT market’s management detailed that Opensea team members “may not buy or sell from collections or creators” while they are being promoted by Opensea. Furthermore, “Opensea team members are prohibited from using confidential information to purchase or sell any NFTs, whether available on the Opensea platform or not,” the team detailed last week.

Opensea Says It Saw Significant Demand for a Mobile App, Leading NFT Marketplace Has a Great Deal of Competition
Two days later, Opensea announced the launch of the platform’s mobile application which is available for iOS and Android operating systems.
“The calls for a mobile app have been growing, and we’ve been hard at work bringing it to life,” Opensea said on Friday. “Making NFTs more available to all is one of our core missions here at OpenSea, and we believe this is a big step in an exciting direction. NFTs in the palm of your hand.”
Opensea is not the only marketplace on the block and the leading market does have a lot of competition. While Opensea’s volumes are massive, NFT markets like Rarible, Superrare, Makersplace, Foundation, Mintable, Atomicwallet, and more are selling NFTs regularly. Moreover, NFT markets on other blockchains like Avalanche, Solana, and Tezos are selling too.
A few of these marketplaces have also had capital raises in 2021. Opensea’s mobile application will likely expand the platform’s reach and the company says it aims to improve the app over time.
What do you think about Opensea releasing a mobile application for its NFT marketplace? Let us know what you think about this subject in the comments section below.

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Here Are the Top 5 Altcoins for the Remainder of September, According to Crypto Analyst Michaël van de Poppe

Here Are the Top 5 Altcoins for the Remainder of September, According to Crypto Analyst Michaël van de Poppe

Widely followed crypto analyst Michaël van de Poppe is laying out his top five altcoins to watch for the rest of this month.
In a new strategy session, Van de Poppe starts his list with Cosmos (ATOM), a project dubbed as the “internet of blockchains.” Though ATOM has already exploded in USD value, the analyst looks at its Bitcoin pair (ATOM/BTC) and posits that the hot altcoin still has room to grow over 170% from current prices of 0.00089 BTC, worth $40.51.
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