Pantera Capital CEO: The next Bitcoin price plunge will be "less than" 80%
Dan Morehead, CEO of Pantera Capital, emphasized that after the bear market cycles of 2013-15 and 2017-18, selling sentiment continued to decline, and pointed out that the decline in the future bear market will be "smaller." He explained: "I have always believed that as the market becomes broader, more valuable, and more institutionalized, the magnitude of price fluctuations will ease." These statements came as Bitcoin resumed its bullish momentum and retested its current record high of close...
Pantera Capital CEO: The next Bitcoin price plunge will be "less than" 80%
Dan Morehead, CEO of Pantera Capital, emphasized that after the bear market cycles of 2013-15 and 2017-18, selling sentiment continued to decline, and pointed out that the decline in the future bear market will be "smaller." He explained: "I have always believed that as the market becomes broader, more valuable, and more institutionalized, the magnitude of price fluctuations will ease." These statements came as Bitcoin resumed its bullish momentum and retested its current record high of close...
What is the use of the Ethereum Virtual Machine?
Compared with Bitcoin, which is regarded as a distributed ledger, Ethereum is committed to becoming a "next generation smart contract and decentralized application platform", which can be regarded as a distributed computing platform that can run programs. Vitalik also conceived it as a decentralized "world computer". As a computer, it needs functions such as calculation, storage, and execution. Therefore, in addition to the basic data storage functions of the Bitcoin network, Ethereum also ne...
What is the use of the Ethereum Virtual Machine?
Compared with Bitcoin, which is regarded as a distributed ledger, Ethereum is committed to becoming a "next generation smart contract and decentralized application platform", which can be regarded as a distributed computing platform that can run programs. Vitalik also conceived it as a decentralized "world computer". As a computer, it needs functions such as calculation, storage, and execution. Therefore, in addition to the basic data storage functions of the Bitcoin network, Ethereum also ne...
Axie Infinity becomes the NFT collection with the largest transaction volume in the third quarter
NFT game Axie Infinity reached 2.08 billion U.S. dollars in transaction volume in the third quarter of 2021, surpassing NBA Top Shot and CryptoPunks, becoming the NFT collection with the largest transaction volume in the third quarter. According to data from DappRadar, the average daily value of DApp independent active wallets reached 1.54 million in the third quarter. Among them, the “play while earning” game attracted an average of 754,000 independent active wallets every day, including blo...
Axie Infinity becomes the NFT collection with the largest transaction volume in the third quarter
NFT game Axie Infinity reached 2.08 billion U.S. dollars in transaction volume in the third quarter of 2021, surpassing NBA Top Shot and CryptoPunks, becoming the NFT collection with the largest transaction volume in the third quarter. According to data from DappRadar, the average daily value of DApp independent active wallets reached 1.54 million in the third quarter. Among them, the “play while earning” game attracted an average of 754,000 independent active wallets every day, including blo...
"Axie"-Funding Yuan Universe to fight workers while generating income
The “funding model” pioneered by Axie Infinity is an agreement between NFT investors and Metaverse workers. This agreement allows players to start making money without having to invest in Axie at the beginning, and investors can also get a certain share of the tokens earned by the players as income. The funding model is particularly important for time-consuming P2E games like Axie Infinity. In this way, grants are the key element of Axie’s growth as a digital economy, because it has brought m...
"Axie"-Funding Yuan Universe to fight workers while generating income
The “funding model” pioneered by Axie Infinity is an agreement between NFT investors and Metaverse workers. This agreement allows players to start making money without having to invest in Axie at the beginning, and investors can also get a certain share of the tokens earned by the players as income. The funding model is particularly important for time-consuming P2E games like Axie Infinity. In this way, grants are the key element of Axie’s growth as a digital economy, because it has brought m...
