GM frens. LFG!
Markets
Here are today’s market moves:
Here's what you need to know:
Happy (belated) birthday to the world’s oldest cryptocurrency
World’s oldest crypto Bitcoin (BTC), celebrated its 13th birthday on 4th January! To the moon and beyond!
Sale on crypto market
Bitcoin and other cryptocurrencies have planned to go on a winter sale. BTC is at $43,088 and has dipped 6.88% in the last 24 hours.
Ethereum dipped harder in the last 24 hours is down 11% at $3376.
Samsung is planting trees….using….blockchain. Probably nothing
Samsung announced a partnership with Veritree, a blockchain integration platform, to plant 2 million mangrove trees in Madagascar, an island nation off the coast of Africa. The company’s efforts are part of its long-term action plan regarding environmental sustainability. Mark Newton, head of corporate sustainability for Samsung Electronics America, said at CES 2021, "Investing in tech innovations, such as those that create efficiency improvements and minimize waste, in combination with nature-based solutions, are vital in the fight against climate change."
OpenSea raises $300 million
OpenSea, the world's largest marketplace for non-fungible tokens (NFTs), is expanding into new verticals with a $300M Series C at a $13.3 billion valuation. Just four days into the year, OpenSea has already done over $900 million in transaction volume, which would put them on pace for over $80 billion this year.
2022 is going to be exciting as OpenSea has seen NFT sales volume of over $1 BILLION in just 4 and a half days! 👀
Kazakhstan has shut down the internet amid protests
Kazakhstan, with its second-largest mining hash rate (BTC) in the world, has experienced major internet disruptions amid local anti-government protests. The government shut down the internet after the cabinet resigned amid major anti-government protests.
You might have heard of Dividends. But have you heard of Bividends?
Nasdaq-listed BTCS just announced that they are going to pay the corporate dividend in Bitcoin. They are calling it a "Bividend."
We would like some bividends as well!
Did you hear?
People on twitter are predicting the future of NFTs with subscription-based NFTs that will revolutionise software as a service.
CityCoins is exactly what you thought. Tokens based on a city. Very interesting use case of crypto.
Ethereum founder, Vitalik Buterin says he created the cryptocurrency cause one day Blizzard removed the damage component from his beloved World of Warcraft Siphon Life spell. He cried himself to sleep, and on that day he realised what horrors centralised services can bring.