Crypto News Dec 9, 2021

  1.  How to create an NFT — and why you may not want to 

NFTs, or non-fungible tokens, are digital tokens stored on the blockchain. With some creators making millions off NFTs, though, it’s understandable why you’d want to try your hand at it or play around with the tech to get a better feel for it. There are dozens of platforms that let you sell NFTs across a wide variety of blockchains, so it’s almost impossible for any single guide to cover them all, much less tell you which one is the right one for your project. After you’ve connected your wallet, you’ll arrive at the page you use to create an NFT. 

https://www.theverge.com/22809090/nft-create-opensea-rarible-cryptocurrency-ethereum-collectibles-how-to

Although many reasons contribute to the growing interest among investors in Solana, its price surge is solely contributed to its performance and added features. Solana has emerged as one of the top-performing digital tokens of 2021. After recording 17,500% growth this year alone and being called the ‘Ethereum Killer’, SOL has also gained prominence among new and old investors. Solana is also on a test phase where it is trying to break its US$300 resistance before the end of 2021. 

Card Company Visa is increasingly doubling down on its crypto efforts to tap into the growing market. The company in March this year had announced the adoption of cryptocurrency to settle transactions on its payment network. In July, it had announced partnering with 50 cryptocurrency platforms to launch card programmes that make converting and spending digital currency easy at 70 million merchants globally. On Wednesday, the digital payments company launched crypto consulting services – Global Crypto Advisory Practice for its clients and partners such as financial institutions including banks. The offering is to help businesses “evaluate the crypto opportunity, develop concrete strategies, and pilot new user experiences.

https://www.financialexpress.com/industry/visa-doubles-down-on-crypto-opportunity-launches-crypto-advisory-services-for-banks-retailers-others/2384588/

EverGrow Coin launched just 2 months ago and has seen sensational growth and is up 16000% from its low. The crypto pays 8% from every transaction to its holders in Binance-pegged USD. Shiba Inu Coin fell by 1.2% on Wednesday. Following an 11% loss over the week, Shiba Inu Coin ended the day at $0.00003719. Dogecoin has had a rough time this past month. It is down 40% from 26.79 cents on Nov. 1 to 17.71 cents as of Dec. 8. Dogecoin is also down significantly in the past two months, almost 29% from 29.6 cents on Sept. 1.

ZK-rollups are a technology that helps Ethereum scale without compromising the blockchain’s decentralization and security. Matter Labs’ zkSync and StarkWare’s StarkNet are both examples of ZK-based Ethereum scaling solutions. Both projects also closed $50 million funding rounds in November, with zkSync’s led by Andreessen Horowitz and StarkNet’s led by Sequoia Capital. MATIC, the native token of the Polygon blockchain, surged from $1.79 on Monday morning to $2.50 over the ensuing 24 hours, a nearly 40% gain. Over the past several weeks, Polygon has also attracted interest from venture capitalists and institutional investors as Ethereum’s soaring gas fees have sent projects fleeing to cheaper blockchains. 

https://www.coindesk.com/markets/2021/12/08/polygons-matic-token-up-40-amid-crypto-rebound/

Smart contracts are the building blocks of decentralized finance, or DeFi. And non-fungible tokens (NFTs), and blockchain-based games, and streaming video platforms, and social media sites — well, you get the picture. Bitcoin may be the largest and best-known cryptocurrency, but other than it — and few other pure cash-replacements coins like litecoin, and stablecoins like tether and USD coin — every token runs on a blockchain that can properly be called a smart contract platform. Smart contracts were brought to blockchain in 2015 with the launch of Ethereum, which is more properly known as a smart contract platform.  

https://www.pymnts.com/blockchain/2021/what-is-a-smart-contract/

Crypto hedge fund Three Arrows Capital (3AC) has bought more than half a billion dollars’ worth of Ether (ETH) in the time since CEO Zhu Su publicly slammed the cryptocurrency on Twitter. In an anti-ETH tirade between Nov. 20 and Nov. 22, Zhu tweeted about why he had “abandoned Ethereum despite supporting it in the past.” However, after attracting wide attention, he made a U-turn, saying he wanted to “soften” his original stance and that “I love Ethereum and what it stands for.” n the 17 days or so since the threads, approximately 156,400 ETH or $676.37 million has been transferred to a wallet that blockchain analytics firm Nansen has associated with 3AC. 

https://cointelegraph.com/news/three-arrows-buys-156k-eth-in-the-weeks-after-ceo-abandoned-eth

TinTucBitcoin.com is an independent media outlet, providing unbiased news, in-depth analysis, comprehensive cryptocurrency price charts, insightful opinions, as well as regular reports on conversions society those digital currency brings. With breakthroughs in technology trends currently taking place such as Blockchain, DeFi, NFT, etc., updating news is an indispensable part. Understanding the importance of this, TinTucBitcoin was founded, with the goal of synthesizing, analyzing and providing readers with news about Blockchain technology, digital currency assets and emerging fintech trends.  

REVV is a digital currency gaming platform focusing on racing games and allows for in-game purchases using their native Token REVV. AscendEX is thrilled to announce the Listing of the REVV Token (REVV) under the trading pair REVV/USDT on AscendEX starting on Dec 8 at 2 p.m. UTC. REVV is designed for true digital ownership of game assets, giving players freedom and control over their NFT in-game items across a growing metaverse of racing games. Specifically, it is designed to have titles and NFT items interoperable with each other and other metaverses. 

https://news.bitcoin.com/ascendex-lists-revv-token/

  1.  Empire Token (EMPIRE) forecast: NFT marketplace is now live on Ethereum 

The Empire Token platform provides access to non-fungible tokens (NFT) that users can buy, sell and trade, as well as lease for commercial use. The Empire Token is an open-source digital currency which was born on the Binance smart chain and is centred around decentralised finance (DeFi) applications. In its white paper, Empire Token states that its NFT licensing feature enables creators to licence their media for commercial use. The purpose of this, the project claims, is to provide creators with a steady income by lending their assets out for use. 

https://capital.com/empire-token-price-prediction