THE DAILY ENCRYPT

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The Nightly Mint: Daily NFT Recap

Forget the rumor mill, we’re here for the mint mill. South By Southwest (SXSW) is the latest festival to be host to an abundance of NFTs. Disney and Dapper Labs found themselves in the same sentence with rumors floating left and right over the weekend, and an announcement that followed today. And in other news,

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Ethereum Needs To Break Above $2,650, But Why Won’t It Budge?

Ethereum continues to struggle after falling below $3,000. This price point was critical for bulls to hold and ever since bears dragged the price below it, it has been a continuous display of dips and crashes. For a cryptocurrency like Ethereum, there are resistance and support levels that are very important for the digital asset. …

Ethereum Needs To Break Above $2,650, But Why Won’t It Budge? Read More »

Why LimeWire Chose Algorand For Its Comeback

Popular peer-to-peer file sharing service LimeWire will make a comeback on the blockchain. Per a press release, the platform will relaunch as a non-fungible token (NFT) marketplace running on Algorand. Related Reading | Algorand Blockchain Has Grown 35% In Q1 2022 LimeWire has selected this network, the release claims, due to Algorand’s alleged energy consumption …

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