📖 NFTs, Games Are Not Correlated to Crypto

January 17, 2021

For today’s Cryptonews Crunch, research indicates that NFTs and games are not correlated to crypto. In other news, crypto jobs boomed in 2021 amid funding influx according to LinkedIn. Also, tune in to the Cryptonews Podcast where we discuss Ether Cards, working with Lonzo Ball and Steve Aoki, and the first Bitcoin ATM in Asia.

Markets – Change 24hr

Bitcoin -2.63% Ethereum -4.23% Binance Coin -6.21% HEX -9.70%

Cardano 5.78% Solana -6.46% Ripple -3.55% LUNA -7.42%

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NFTs Ride Their Own Hype Train

A drop in prices of digital assets does not necessarily affect the performance of non-fungible tokens (NFTs) as they continue to soar despite crypto slumps, according to distributed app (dapp) store DappRadar.

For instance, during the third quarter of 2021, when the crypto market was struggling to recover the losses of the second quarter, the market for NFTs was booming, generating USD 10.7bn in trades.

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The Age Of Crypto Is Upon Us

Crypto-related job postings skyrocketed in 2021.

Last year, job postings with titles that contained key words such as bitcoin (BTC), ethereum (ETH), blockchain, and cryptocurrency expanded by a robust 395% year-on-year in the US — outpacing the wider tech industry which reported a 98% increase in listings during the same year, the report says.

#92 Andras Kristof on Ether Cards, NFTs and zk SNARKS: Andras Kristof is the CEO and Founder of Ether Cards, who work to gamify & supercharge NFTs.

In this conversation, we discuss:
– Crypto scene in Singapore
– NFTs in 2022
– Utility
– Momentum in communities
– Upcoming Ethereum updates
– Zk snarks
– Efficiency and scalability
– Working with Lonzo Ball and Steve Aoki

Tune In

Daily Briefs

Bitcoin, Ethereum Fund Outflows Slow, Solana Remains Favorite + More News

Digital asset investment products saw outflows for the 5th week, last week reaching USD 73m, or 65% less than a week earlier, per CoinShares data.
Auction house Sotheby’s said it will be accepting BTC, ETH, and USD Coin (USDC) for the sale of a rare 555.55-carat diamond dubbed “The Enigma.”
The Monetary Authority of Singapore (MAS) issued a set of guidelines that limit crypto firms from advertising their services to the public.
Streaming service Hulu is looking for help breaking into crypto, non-fungible tokens (NFTs), and the metaverse to target “the streamers of tomorrow.”
Jamaican Prime Minister Andrew Holness expects more than 70% of the population to be using the country’s digital currency (CBDC) within five years.
Bitfinex said customers based in Ontario, Canada’s most populous province, will no longer have access to any services beginning March 1.
Bitcoin and Ethereum Trend Lower, ADA Inches Higher