THE DAILY ENCRYPT

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The Nightly Mint: Daily NFT Recap

Welcome back to The Nightly Mint. While NFT volumes and general sentiment has been running low on steam thus far in March, the numbers are still comparable to Q4 2021 – which blew last year’s numbers out of the water. So while critics claim that NFTs are on their downfall, if we look at the

Enormous Hedge Funds Turn Their Eyes To Crypto. How Will It Affect The Market?

Are hedge funds ready to go all-in on cryptocurrencies? Probably not, but some of them are definitely dipping their toes in. The thing is, those toes are enormous. In the article “Mainstream Hedge Funds Pour Billions of Dollars Into Crypto,” the Wall Street Journal does a deep dive into the phenomenon. And we get a …

Enormous Hedge Funds Turn Their Eyes To Crypto. How Will It Affect The Market? Read More »

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Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good as We Could Ask’

Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s about as good as we could ask.” Another sees the order as the federal government viewing “cryptocurrency as a legitimate, serious, and important part of the economy and society.” Crypto Community Welcomes Biden’s Executive Order

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War, Inflation, & Geopolitical Tensions Bring Gold-Backed Crypto Tokens To $1B

In the first few months of 2022 macro uncertainty has been felt in the crypto and traditional markets as economic, regulatory, and political scenarios unfold. Historically, investors see gold as a reliable safe-haven asset they can run to when stocks and bonds decline. It is not surprising for gold prices to have seen a 19-month …

War, Inflation, & Geopolitical Tensions Bring Gold-Backed Crypto Tokens To $1B Read More »

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Market Update: All Major Cryptos On Rise, Commodities Prices Also Increasing

The crypto market is currently rallying after news that President Biden signed an executive order, the first step towards regulating cryptocurrency. It comes out of concerns for Russia’s potential use of digitally mined coins to bypass economic sanctions during times.  One of Singapore’s most prominent bank executives has compared crypto to gold, noting that he …

Market Update: All Major Cryptos On Rise, Commodities Prices Also Increasing Read More »

Bitcoin Mempool Fills, Transactions Fees Double; Here’s Why

Bitcoin mining is an important part of the bitcoin ecosystem. Miners who participate in mempools help to confirm transactions for which they receive a reward once a transaction is cleared. Usually, the mempool is ‘free’ and transactions go through easily with low fees but there are times when the mempool fills up causing transactions fees …

Bitcoin Mempool Fills, Transactions Fees Double; Here’s Why Read More »

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HOO Smart Chain Grant Plan “Cosmic Origin Project” Officially Opened for Registration

PRESS RELEASE. Hoo Smart Chain will open registration globally for the Cosmic Origin Project a grant and rewards program for decentralized application developers. The Cosmic Origin Project will provide incentives in forms such as, TVL Basic Rewards, Cross-chain Capital Hub Rewards, Game-fi/NFT Volume Bonus, and HOO Staking Bonuses in accordance to various project metrics. Providing

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Crypto Under Scrutiny, Documentary Will Show Its True Face?

VICE News and Motherboard announced a partnership that resulted in a new documentary series on crypto. Called CRYPTOLAND, the documentary series was shot across several locations around the world. Related Reading | Data Shows Bitfinex Hack Woke Up Largest Ever 5yr+ Bitcoin Supply It aims at digging further into the crypto industry and how it