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Dogecoin Community Raised 1,63,428 Doge To Remove 42,000 Pounds Of Trash From The Ocean

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Dogecoin (DOGE) Community is doing its best to remove trash from oceans.



The Dogecoin community raised 163.428K Dogecoin and removed around 42,000 pounds of trash from the ocean.

Looking back into history, the Dogecoin team formed a Dogecoin, a not-for-profit Foundation and Board of Advisors, in 2014, with the mission to provide support, advocacy, trademark protection, and governance for the cryptocurrency project. Unfortunately, the foundation was dissolved over time.

The Doge development team became inactive for several years. However, the team again reintroduced the foundation in 2021 with a “renewed focus on supporting the Dogecoin Ecosystem, community and promoting the future of the Dogecoin Blockchain.” Dogecoin’s new foundation has Vitalik Buterin as a board advisor and Elon Musk’s representative, Jared Birchall.

In response to this development, Since 2021, Dogecoin (DOGE) collaborated with TeamSeas, world-famous Youtubers like Mr. Beast and Mark Rober, and good shibes all around the world with a mission to remove trash from the oceans.

According to TeamSeas official website:

“TeamSeas will be one of the biggest, most-impactful cleanup projects.”

The TeamSeas and Dogecoin site went live on October 30, 2021, to help save the planet. The announcement was made by Dogecoin’s official Twitter handle via tweet.

Recently Elon Musk Declared Doge Better Payment Method Than BTC, Elon Musk and Confirmed Tesla Will Accept Dogecoin For Merchandise

Data Show On Average 6.20 Ethereum Worth $21630 Are Burned Every Minute After EIP-1559 Upgrade

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Data show some interesting facts about Ethereum burning.



The Ultrasound Money data report revealed the interesting fact that an average of 6.18 ETH is burned every minute by the Ethereum network.

This number comes after 152 days since implementing the EIP-1559 proposal, which offers the Ethereum blockchain deflationary functionalities and the ability to burn gas fees. Today’s price of $3,466 per ETH puts the burn rate above $21,000 per minute.

 

A total of 1.37 Million Ethereum has been burned by the Eth blockchain so far, which at today’s price, puts the total burn so far at approximately $4.69 billion.

eth burning per minute
image source: https://ultrasound.money/

The Ultrasound Money data also shows that OpenSea is responsible for the most burns on the network, which stands at approximately 147 252 ETH, equivalent to roughly $653.7 million. This accounts for 10.69% of the total burns.

Besides OpenSea, ‘ETH transfers’ account for 133,922 ETH approximately $604 million, and Uniswap V2 accounts for 114,813 ETH or roughly $465 million. The popular play-to-earn platform, Axie Infinity, takes the 8th spot, accounting for 16,934 Ethereum burned or approximately $75M.

At the moment, the Ethereum blockchain is burning more than 13K ETH per day, which is approximately $45.5M using the current market price of Ether.

The London hard fork is a fundamental upgrade for the Ethereum network in its quest to move from a proof-of-work (PoW) network consensus to a proof-of-stake (PoS) network.

Due to the continuous burning of ETH coins and fees, Ethereum had some deflationary days where more ETH was burned than mined.

Vitalik Buterin ETH cofounder praising Ethereum said: ‘Ethereum Is Big Enough To Continue With Or Without Me’

Samsung US Exposure To Cardano Confirmed As Samsung Interact With Charles Hoskinson

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Samsung America, the American subsidiary of the South Korean tech giant, has interacted with Cardano founder, Charles Hoskinson.



This interaction may confirm the recent exposure of Samsung to the Cardano blockchain. Recently Samsung partnered with Veritree, a blockchain planting management system based on Cardano.

Cardano foundation explained this partnership as a move to plant two million trees in Madagascar to counter climate change. The partnership was first made public in Las Vegas during the Consumer Electronics Show.

ADA foundation wrote:

“Another great initiative powered by the Cardano. Samsung US to plant 2 million trees in Madagascar by the end of the first quarter of 2022 in partnership with veritree, a Cardano blockchain-based climate solutions platform.”

Samsung And Charles Hoskinson Interact On Twitter

A few hours before, Charles Hoskinson shared his photo that showed he was present in the annual Consumer Electronics Show held in Las Vegas. The image was sumptuously admired by the Cardano community, as it also demonstrates Samsung’s relationship with Hoskinson and Cardano.

Samsung US tweeted, “Hope you have some fun this week!”

 

Charles Hoskinson responded, “I will, especially since I got this amazing note phone!”

Veritree’s reforestation verification records will be stored on Cardano; this will verify the data from planting sites and donations from individuals.

 

 

Main Reasons Of Crypto Market Fall, In Few Hours Market Liquated More than $800 Million Worth Of Trading Positions And 208760 Traders

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The Crypto market mainly falls sharply because of its fast nature. There are two main reasons for this fall.


As the dollar strengthened and positive economic data from the US shook investors’ grip on risky financial assets, bitcoin fell to $42.5 thousand. The intraday sell-off was triggered after the Federal Reserve indicated that an interest rate hike could occur in March rather than the usual time frame.

US traditional markets also suffered. The shares of Nivida, AMD, and Adobe were down above 5%, S&P 500 and Dow Jones Industrial Average also closed in the red. Nasdaq pulled back 3.34%.

The other reason is that Bitcoin faces mining problems from Iran and Kazakhstan. In Kazakhstan, wide protests are erupting because of the electricity shortage. The government has shut down the internet nationwide to stop the unrest that has forced local miners to stop mining activities. At the same time, Iran has stopped all kinds of mining operations due to the winter season.

NDTV Writes:

“The big slump occurred as the US Federal Reserve indicated it could move up its timetable for raising interest rates to mid-March. The US Federal Reserve is essentially going to stop printing money and make it more expensive to borrow to steady the economy and keep rising inflation in check. Meanwhile, Kazakhstan, the country that accounts for a large 18 percent of the Bitcoin network’s hash activity, witnessed a nationwide Internet shutdown, causing BTC’s hashrate to drop by 13.4 percent — reflecting a sharp fall in value.”

Crypto Liquidations In 24 Hours

total liquadition 2
image source: https://www.coinglass.com/

 

In the past 24 hours, the crypto market liquidated more than $800M positions and 208760 traders. BTC, ETH, SOL, BNB. ADA, DOGE, SHIB all went down more than 10%.

BTC traders lost $317M worth of trading positions while ETH traders lost $163M. Other than BTC and ETH, SOL got the biggest hit with $18.9M worth of trading positions liquidated in the past 24 hours.

Exchange Liquidations

exchange liquidation
image source: https://www.coinglass.com/

In total, the exchange lost $810M in 24 hours. OKEX lost $240M worth of trading positions, of which $229.86M worth of long positions were liquidated. Binance traders suffered the loss of $236.10M, of which $204.13M belonged to long positions.

The data from coinglass also reveals that in the past 24 hours, $637.68 million worth of leveraged longs positions got liquidated as Bitcoin fell below $43K.

If BTC cannot recover from the current fall, it will confirm the bearish trend to take the king of crypto retrace back to $30K. Since yesterday, the total market cap has been down 8.53%, currently standing at $2.04 trillion.

Whales Aggressively Buying Chainlink Dip, In Past 24 Hours ETH Whales Accumulated 8,70,335 LINK Worth $20.8M

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Ethereum whales start taking an interest in Chainlink (LINK).



It all started when a mysterious Ethereum Whale started buying Chainlink rapidly.

The whale ranked 35 by the Whalestats first bought 60,000 Link worth ,531,200 USD. The same whale again bought 127,999 Link for $3,266,551, 155,110 Link for $3,958,414, 59,999 Link worth $1,531,186, 49,999 Link worth $1,275,986, 130,010 Link  for $3,317,873, 55,120 Link for $1,406,674. That is a massive 6,38,237 link bought worth $15.3 million in 7 transactions in last 24 hours. Chainlink is now the largest holding of Whale 35, representing 77% of her portfolio.

The massive purchase from Whale 35 started a trend of buying Link among whales. 

Another mysterious Ethereum whale then made four transactions one after the other and accumulated a massive number of LINK coins into his portfolio. In his first transaction, the Whale bought 45,999 Chainlink coins for ,241,973. The other transaction was carried just after an hour, and the Whale accumulated an additional 54,999 of LINK, for ,484,994.

Just after an hour, the Whale made the third transaction and accumulated 40,999 of more Chainlink, valued at ,106,987. At the same time, Whale made the last transaction and added 39,999 more Chainlink for ,079,986. In the past 24 hours, this whale accumulated 181996 links worth $4.3M.

Overall this Whale now holds 634,040 LINK coins, worth $13.6M. According to Whalestats data, the total value of the wallet right now is $61,685,657, and LINK is the third-biggest position by dollar value (3.74% of his total holding), following Ethereum (ETH) and Tether (USDT).

Following the two whales, another whale bought50,122 link (,304,174). The whale is ranked #99 on Whalestats. In total this Whale currently holds $52,262,972 worth of Link representing 75% of her portfolio.

In the last 24 hours, whales accumulated 870335 Link tokens worth $20.8M. Chainlink’s price is currently trading at $24.39, decreasing -5.24% in the last 24 hours. Whales’ aggressive accumulation can signify a price increase is coming soon.

John Bollinger Share His Thoughts On Bitcoin, Says Community Has To Be Careful What They Wish For

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Legendary trader John Bollinger shared his thoughts about Bitcoin and urged the community to be careful what they wish for.



When Bitcoin was created 13 years ago, its purpose was born as a currency free of state and corporate control. One of the community’s desires was for the Bitcoin market to grow, reach the mainstream, and finally mass adoption. The entry of institutions was a necessary step for the BTC mass adoption which happened in 2021.

“Bitcoin community must be careful what it wants; a lot has changed,” says John Bollinger. Bollinger is a legendary trader who created a technical indicator that bears his name, the famous “Bollinger Bands.” Therefore, he generally restricts himself to commenting more on technical aspects of the markets, such as price movements, among others.

This Tuesday, he shared with his Twitter followers some Bitcoin reflections, asking people to be careful what they want. According to Bollinger, many Bitcoin lovers would like to see more BTC-related products. This happened with force in the year 2021 in the shape of Bitcoin’s first-ever ETFs in Canada and the USA, futures, options trading, and much more. As more BTC products are launching, more market regulations are also coming.

“Some thoughts on Bitcoin. You have to be careful what you wish for: Everyone wanted wide adoption, listed futures, options, ETFs, etc. Well, you got all that and more, including burgeoning regulation. The rub is that these things have totally changed the character of trading.”

 

Despite not having much more clarification, Bollinger’s contentious oration shows that he is alert to the growing arrival of companies and governments in the sector and does not believe that this could be so good for the price of Bitcoin, which is the focus of analysts. On the other hand, he also says that Futures, options, and ETF trading have changed the character of crypto trading.

A recent report found that 10% of Bitcoins are already owned by governments and large companies, which draws even more attention to BTC becoming centralized. Also, BTC mining from a few top companies is another debate of BTC becoming centralized.

It is still not entirely clear what the long-term effect for Bitcoin will be after the institution’s arrival on the market. Still, the fundamentals of the currency certainly need to be mature to get through this phase, even though the technology has just entered adolescence.

Goldman Sachs Forecasts Bitcoin Hitting $100,000 As BTC Outperformed All Capital Markets In 2021

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Goldman Sachs has come up with some optimistic predictions for Bitcoin.



Goldman Sachs’s recent data show that many investors prefer Bitcoin as a store of value over gold. According to the bank’s 2021 return scorecard, Bitcoin was able to outperform all capital markets, including Nasdaq, S&p 500. Gold was able to post only a 4% return throughout 2021, becoming less attractive to investors.

goldman scah report

 

According to the Goldman Sachs 2021 return scorecard, BTC was able to post gains above 60%, leaving behind Crude oil (55%), S&P 500 (29%), Nasdaq (28%), Even high-value equity baskets such as FAAMG gave returns of just 37% in 2021. In the Goldman Sachs 2021 return list, gold was the biggest loser, with returns of only 4%.

This shows that BTC is becoming popular among traditional investors who see it as a better store of value than other capital markets.

3ac CEO, Zhu Su commenting on Goldman Sachs 2021 return scorecard, said:

“The demand for gold as a store of value is inter-subjective. I don’t know any wealthy ppl in my generation who own any gold. Have no gold objects in my homes, no gold on my items; no jewelry GLD ETF has been in continuous redemption mode since Covid money-printing started.”

Bitcoin Can Reach $100,000

Goldman Sachs further said that Bitcoin would continue to take market share from gold and reach $100,000.

Goldman assesses that Bitcoin’s floating-adjusted market capitalization is just under $700 billion. According to the bank, that accounts for 20% of the ‘store of value’ market, which is made up of bitcoin and gold. If Bitcoin can take 50% of the store of value market in the next five years, its price would increase to just over $100,000.

The bank further said:

“Bitcoin may have applications beyond simply a “store of value”—and digital asset markets are much bigger than Bitcoin—but we think that comparing its market capitalization to gold can help put parameters on plausible outcomes for Bitcoin returns.”

Predictions from BTC enthusiastic keeps on coming. Fundstrat’s Tom Lee and Bitcoin Capital Co-founder Max Keiser see Bitcoin price above &200,000 soon.

MicroStrategy CEO Michael Saylor who holds 17,732 BTC while his company owns 122,478 BTC, foretells that Bitcoin will reach $600,000.

Mythical investor Ray Dalio is against all these forecasts; according to him, BTC will not be able to exceed 20 percent of the gold market cap.

Previously Goldman Sachs predicted that Ethereum price could rise to $8,000 if historical correlation with inflationary expectations persists.

Top NFT Games To Look Out For In 2022

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Call it GameFi, Play-to-Earn, or NFT, a new generation of games is coming, riding the wave created by the success of games like Axie Infinity.



In 2021, Axie went from basically zero to 2.3 million daily active players at the end of the year. Over the same one-year period, Axie Infinity’s AXS token saw an increase in market value that skyrocketed from $0.57 per token a year ago to $97 at the time of writing an increase of more than 170 times.

According to YouTuber and NFT gaming expert Anders Björk, these are 13 NFT gaming projects, on various platforms like Ethereum and WAX, that are worth following in 2022. All games on the list below are developed by teams with a solid track and a lot of experience in the gaming industry.

The list is divided into three game categories: fully playable games, alpha and beta releases, and upcoming games.

Fully playable games

Blockchain: Native Mythical, bridge to Ethereum in Q1 2022. “Blankos is one of the best built NFT games, if not the best NFT based game available. It’s smooth, fun and exciting to play, especially if you load up some friends over discord and play together. You will find hours and hours of fun game styles to play, as well as a fully fletched map builder. There are three main game styles: PVP shooter, speed race and collect game mode.”

Blockchain: Hive + WAX: “Splinterlands is one of the first successful NFT games that started out as steem monsters. This game has been around for years, and with their launch of Lands and the splinterlands token, the game took off to new levels over the last few months. It’s free to play, so you can test it out and see what you think before you buy any cool cards or packs.”

Blockchain: Native. “Mir4 is a fully playable cross-platform MMORPG, where NFT-based characters are a reality. The game looks fresh and exciting, it seems fun to play at first, but then you read reviews and listen to people playing it. Unfortunately, there seems to be mainly bots playing the game, and at the current stage, the tokenomics are unbalanced and pay-to-win. I add it to the list mainly because it is one of the most graphically exciting looking games out there. Mir4 is free to play on steam, so it’s easy to try it out and make up your own mind.”

Blockchain: WAX. “The Uplift World took a genius route when it came into NFT gaming. They took an exciting game platform and built NFT accessibility on top of it. Why invent the wheel again? Minecraft is a super-successful game that has withstood the test of time. For The Uplift World, you can own NFT Land Keys which give you full right to a piece of land inside their Minecraft servers. They got a few different servers with different rules and settings to please all types of players. By owning a Land Key NFT you and those that you whitelist are the only players able to build and dig on your piece of land. This enables you to build out your Minecraft dream inside a big universe with many other players.”

Alpha & Beta Releases

Blockchain: Ethereum. “The Sandbox is likely one of the biggest, if not the biggest, and most well-known metaverse in the crypto sphere. Landowners in the Sandbox can build out their own game and allow other players to come, engage and play on it. There are many projects that buy land in The Sandbox that we still have no clue what they will use it for. Surely there’s an exciting future for Sandbox with as many stakeholders as there currently are. Big companies, projects, and celebrities such as Binance, Atari, Animoca, Snoop Dog, Deadmau5,  Flow, Opensea, WAX, Opera, Dappradar, and many more, build on Sandbox.”

Blockchain: Multi-chain/Polygon. “Phantom Galaxies is an open-world shooter, based in a space environment, where you control your mech character in a third party view playstyle. Personally, I am not a big fan of Arial shooter games, but this does look exciting and I will surely test it out as soon as it goes live. Check out the trailer and look for yourself.”

Blockchain: Phantasma. “The 22 Racing Series remind me a lot of the feeling of TrackMania nation. The speed and control is really sweet, but the map layout of the 22 Racing Series is something entirely new and awesome. They build on the Phantasma blockchain which enables them to do some really cool stuff with their NFTs. Each car in the 22 Racing Series game is a unique NFT. However, each part of the car is also an NFT, and you can take apart and customize your own car, and perhaps sell that exact build to a new player.”

Blockchain: WAX. “Metropolis Origins is built by a talented and experienced team of game developers. It just launched and already has a playable alpha version of their game available on their website. All the cards are NFTs on the WAX Blockchain. Totally worth testing it out!”

Blockchain: WAX. “The Million on Mars team is made up of tons of experience in the gaming industry and will likely build and deliver one of the better casual games utilizing NFTs. The rating right now is based on their limited alpha release; there are some features needed, such as adding multiple NFTs at the same time to the world. Currently, you can get yourself some NFT land, pick a spot on Mars, and build out your base. You can go and explore the world, brew your coffee, and gather game resources.”

Blockchain: WAX. “Built by a small game studio in Barcelona, Clashdome Citizens is a game platform with casual web-based games. Over the last year, the team has added multiple casual Play-to-Earn games for anyone to play. Now they have just launched the alpha version of Clashdome Citizens, which is a Play-to-Earn game that ties together everything on their platform. You will be able to breed your NFT citizens, creating a way to earn more of their in-game tokens, duel other gamers and much more.”

Blockchain: WAX. “Alien Worlds is one of the biggest Play-to-Earn games currently in existence. With many hundreds of thousands of accounts thus far. However, what most people don’t know yet, is that the current state of the game, the mining aspect, is just the first step in Alien Worlds’ roadmap. It’s an economic layer to distribute the TLM token and get people into the metaverse. Soon the Alien World council will launch, which is one DAO per planet in the game, that will have a huge ability to impact the Alien World metaverse.”

Upcoming games

Blockchain: WAX. “The Forge Arena is the most exciting looking NFT game I’ve seen on the horizon. I’m a person that has played tons of games my entire life, and this game has a nice feeling like a match made in heaven between counter strike and Quake. The developers say they were inspired by CSGO and Halo.”

Blockchain: WAX. “Warsaken is a new style card game that is aimed to be released both as a digital and physical game. The NFT art is high quality and the team seem passionate about their project. On their Youtube you can see a gameplay video between one of the team members and his son. Currently, they have a sale of their NFTs for the game, so you can get enough to put forth a deck when their digital version of the game launches.”

Bloomberg Editor: Crypto Future Is Bright As Bitcoin Is Becoming Part Of Financial Systems

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Eddie van der Walt, the Bloomberg editor, expressed his thoughts on the cryptocurrency industry in 2022.



He seems to be very optimistic about Bitcoin because of past year events. According to him, Coinbase’s successful IPO, Paypal joining Crypto, and the approval of the first ever Bitcoin ETFs in the USA helped introduce cryptocurrencies as standard assets.

Other cryptos mostly follow the shadow of the BTC. Despite this, it is worth noting that some crypto sectors are going beyond finance, like NFTs and Metaverse.

Van der Walt’s vision shows a bright future for cryptocurrencies, much of which is due to the infrastructure being built around Crypto.

Eddie van der Walt said:

“Last year was a wild year for Bitcoin and Crypto, as there were major advances in the cryptocurrency sector. I think cryptocurrencies are becoming part of the financial system. A year or two ago, people were arguing that cryptocurrencies would go zero and that they had no value; I don’t think anyone says that anymore because now we have ETFs, IPOs in the sector, and futures contracts that have liquidity.”

Other than the growth of crypto companies present in the market itself, such as exchanges, we also see external players joining the crypto movement. Businesses like Visa and PayPal and traditional banks show intense interest in the crypto sector.

“So I think Crypto is a financial infrastructure open to institutional investors, and they prefer Bitcoin. For these reasons, I think last year we saw BTC breakthrough and overall a fascinating future for cryptocurrencies is developing.”

Van der Walt believes that Bitcoin has stood the test of time, and now both individuals and institutions consider it safe to use it in their portfolios.

“Bitcoin went through intricacies in its early years, but now it’s entering its prime time, and now the cryptocurrency industry is going to define what it is, what it means, and what we can achieve with them.”

Bitcoin turned 13 this Monday, and in addition to the achievements that BTC earned last year, it is also important to note that it became the fastest asset to reach a market capitalization of 1 trillion dollars.

Finally, with more and more knowledge about Bitcoin being passed among people, one can only imagine a future of an ever-increasing adoption for BTC. Other cryptocurrencies will probably continue to take advantage of this movement, unfurling areas like NFTs and Metaverse.

9.7 Million Shiba Inu Burned In last 24 Hours

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Shiba Inu Burning continues at a rapid pace.



In the past 24 hours, 9.7M Shiba Inu tokens were burned. So far, 410,300,575,781,510 SHIB tokens (41.03006%) have been burned from the initial supply of 1 quadrillion.

Steven Cooper, the owner of Bigg Entertainment, said his team was able to burn 4.9 Million shib tokens in one day. They were able to burn 894,383,100 since October last year after launch of their burning campaign.

 

Bigg entertainment and Shiba coffee are the big names that are burning shib regularly; as a result, they have enticed a lot of Shib army that has worked well for these businesses as a successful marketing campaign.

Recently Bigger Entertainment announced the launch of their blockchain game ‘MixDraft.’ The company will raise funds for their game in postcard sales for $6 each. $ 1 from the sale per postcard will be used to burn Shiba Tokens. The team hopes to hit the $100,000 target in SHIB burning, which equates to 2.95 billion SHIB coins.

Cooper confirmed that they have officially begun their journey to burning $100,000 in shib and building their first Blockchain Music Game, MixDraft!. The company was able to sell 444 limited edition postcards as a start of a massive burn campaign.

Yesterday, Ethereum whale “Gimli” bought 110,000,000,000 shib for $3,624,500 USD. That is an enormous 110 Billion Shiba Inu coin bought for $3.6 Million, but even after such massive buying, the price of SHIB remains stagnant.