Start Trading Crypto Easily – CryptoUnity Exchange for Beginner Crypto Traders

• CryptoUnity is a Slovenian start-up that is building a beginner-focused crypto exchange to make the world of cryptocurrency more accessible and less intimidating to beginners.
• The exchange has implemented the cold wallet with an NFC card, providing its users with a secure way of storing funds. It also passed audits by QuilAudits and CertiK.
• CUT is the utility token that powers the CryptoUnity ecosystem and provides holders with many different benefits and utility cases on the platform.

CryptoUnity Exchange

CryptoUnity is a Slovenian start-up that seeks to make it easier for beginners in the cryptocurrency ecosystem to navigate their way around it. To this end, they have developed an easy to use platform that features comprehensive research and educational resources, as well as a secure cold wallet with an NFC card for users to store their funds.

CUT Token

The CUT token is the utility token that powers the CryptoUnity ecosystem and provides holders with many different benefits such as lower fees, holder rewards, access to further education, advantages on giveaways, and more. With a total supply of one billion tokens, CUT serves as an integral part of CryptoUnity’s services.

Regulatory Compliance

In terms of security, CryptoUnity has taken all necessary measures to ensure compliance with all regulations in order to provide its users with a safe trading experience. The project has passed audits by QuilAudits and CertiK – receiving the latter’s KYC Gold badge – demonstrating its high level of transparency and accountability when it comes to crypto operations.

Target Audience

CryptoUnity was created specifically for beginners in mind; those who are just getting started in the crypto world or are looking for an alternative platform where they can trade cryptocurrencies safely and securely without worrying about fees or complicated navigation processes. The user-friendly interface makes it easy for anyone no matter their experience level to understand what’s going on in the market at any given time.

Conclusion

In conclusion, CryptoUnity stands out from other exchanges due its focus on user safety and accessibility – especially for beginners – making sure your funds are stored securely while also providing educational resources so you can learn more about cryptocurrencies. With its comprehensive regulatory compliance procedures in place, you can be sure you’re trading safely when using this exchange platform

Ark Invest Adds $20.5M Coinbase Shares: Price Drops 7%

• Ark Invest purchased $20.5 million worth of Coinbase shares on Thursday.
• Cathie Wood’s investment firm has remained bullish on the stock despite the 7% drop since March.
• In February, Ark Invest purchased $30 million worth of Coinbase shares.

Ark Invest Adds $20.5M in Coinbase Shares

Ark Invest, led by Cathie Wood, has added 301,347 Coinbase shares to its funds on Thursday for a total value of $20.5 million. This comes shortly after purchasing more Coinbase shares in February for a total value of $30 million. Despite the 7% dip in share prices since March 10th, Wood’s fund remains bullish on the crypto exchange giant.

Silicon Valley Bank Selling Assets Affects Market Sentiment

The shockwaves caused by Silicon Valley Bank selling assets and stocks to raise funds have created a risk of prolonged interest rate increases in the US which has added to bearish market sentiment this week. Additionally, crypto-friendly bank Silvergate collapsing and other regulatory issues have also had an effect on investor confidence surrounding cryptocurrency exchanges including Coinbase Global Inc (NASDAQ:COIN).

US Government Moves BTC Worth $217 Million To Coinbase

Despite these concerns surrounding the crypto exchange sector, there are still some developments that could be seen as positive news for investors such as the US government reportedly moving BTC worth over $217 million to Coinbase recently. This could be interpreted as a vote of confidence from authorities regarding the security measures in place at this digital asset platform.

Robinhood Shares Added to Ark Next Generation Internet ETF
As well as adding more Coinbase shares to its Ark Innovation ETF and Ark Next Generation Internet ETFs on Thursday, Ark Invest also added 265,000 Robinhood shares (worth about $2.5 million) solely for its Ark Next Generation Internet fund.

Conclusion

Overall it appears that despite recent market volatility and regulatory issues concerning cryptocurrency exchanges such as Coinbase, Cathie Woods‘ Ark Invest firm is continuing to show confidence in them through continued purchases of their stocks and other related companies such as Robinhood with combined values totaling over $23 million this week alone!

Silvergate Stock Plunges 65%: Investors Flee Amid Challenges

• Silvergate Capital Corp (NYSE: SI) stock was cut nearly in half this morning after it delayed the submission of its annual 10-K report due to liquidity challenges.
• JPMorgan analyst Steven Alexopoulos downgraded the financial services company to „underweight“ citing continued liquidity challenges.
• Canaccord Genuity also downgraded Silvergate stock and trimmed their price target o $9.0 a share. Coinbase also announced today that it had stopped payments to or from the crypto bank.

Silvergate Stock Crashes 50%

Silvergate Capital Corp (NYSE: SI) stock was cut nearly in half this morning after it delayed the submission of its annual 10-K report due to liquidity challenges. The crypto bank is facing an existential crisis following the FTX fiasco in early November, which has forced them to reevaluate their businesses and strategies in light of current business and regulatory difficulties.

JPMorgan Downgrades Silvergate Stock

JPMorgan analyst Steven Alexopoulos downgraded the financial services company to „underweight“ citing continued liquidity challenges, with short-sellers contributing to a bank-run of sorts with Silvergate reporting a much greater level of deposit outflows than anticipated in Q4 and this likely continuing. In its latest reported quarter, Silvergate Capital had $1.0 billion of loss.

Canaccord Genuity Trims Price Target

Canaccord Genuity also downgraded Silvergate stock on Thursday and trimmed their price target o $9.0 a share. Coinbase also announced today that it had stopped payments to or from the crypto bank.

Existential Crisis for Crypto Bank

Silvergate Capital is now down 65% versus its year-to-date high as they face an existential crisis following the FTX fiasco in early November, which has forced them to reevaluate their businesses and strategies in light of current business and regulatory difficulties.

Conclusion

In conclusion, Silvergate Capital’s stock crashed 50% on Thursday after delaying submission of its annual 10-K report due to liquidity issues, while JPMorgan and Canaccord Genuity both downgraded their ratings for the company with lowered price targets set at $9/share each respectively; these events signal an existential crisis for the crypto bank as they try to navigate through difficult times ahead

OP Spikes After Coinbase Launches Base on OP Stack!

• Coinbase announced the launch of its Layer-2 platform Base on Optimism’s OP stack.
• The news saw Optimism token OP surge 16% and hit highs of $3.10 on Coinbase.
• Market activity was also up, with data from CoinGecko showing trading volume rose nearly 90%.

Coinbase Launches Base on Optimism’s OP Stack

Coinbase announced the launch of its Layer-2 platform Base on Optimism’s OP stack. This news saw Optimism token OP surge 16% and hit highs of $3.10 on Coinbase.

Optimistic Rollups to Increase Transaction Speed

Base is built upon Optimistic Rollups to increase transaction speed, reduce gas fees and offer a secure, low-cost and developer-friendly platform for people to create, deploy or interact with decentralized apps. The project’s goal is to onboard the next 1 billion or more people into the crypto space, according to Coinbase.

Market Activity Up After News

Market activity was also up after the announcement of Base being launched on Optimism’s OP stack. Data from CoinGecko showed trading volume had risen nearly 90% in the past 24 hours to over $733 million. Furthermore, a bullish flip in the relative strength index suggests bulls are in control.

Optimism Price Reaches All Time Highs

The news saw another unrelated cryptocurrency called Base Protocol spike more than 250%, while the price of Optimism jumped 16%. With such positive sentiment across the community, optimism price reached its all-time high of $3.19 in early February this year and it is likely that it could go on to hit a new ATH soon.

Conclusion

Overall, this news has been highly beneficial for both optimism token holders as well as those who have invested in Base Protocol coin holders as prices skyrocketed following this announcement by Coinbase . With market activity increasing and bullish sentiment surging across both communities there is potential for further growth for these tokens over time if current trends continue

MATIC Price Surges 13%! Can It Keep Going Higher?

• Polygon (MATIC) price jumped 13% to $1.45, propelled by major network developments and partnerships.
• The latest surge is part of a bullish run that began two days ago, when MATIC hit lows of $1.14.
• The upcoming launch of Polygon zkEVM on 27 March 2023 could drive the MATIC price even higher.

Polygon (MATIC) Price Rises 13%

The Polygon (MATIC) price has jumped 13%, reaching a high of $1.45 amid a major rally for cryptocurrencies. This surge in value comes from several developments and partnerships within the network.

Bullish Run for MATIC Price

This is not the first time the MATIC price has seen an increase in recent days, as it had already been climbing over the last two days from lows of $1.14 on Tuesday. This momentum has been fueled by positive sentiment across the cryptocurrency market, with Bitcoin’s value moving above $25,000, as well as other significant events in the crypto world such as Square Enix’s Web3 game launch on Polygon and Plague of Frogs coming to the blockchain too.

zkEVM Mainnet Launch Could Propel Price Further

The upcoming launch of Polygon zkEVM on 27 March 2023 has been cited by experts as one possible catalyst that could push the MATIC token’s value even higher due to its ability to revolutionize blockchain transactions with frictionless scaling on Ethereum. Crypto trader and investor Luke Martin believes this may be driving today’s pump in price action.

Recent Developments Behind Surge

Key developments around Square Enix and National Geographic’s adoption of Polygon have also contributed to today’s rally for MATIC tokens, further boosting its value to $1.45 at present levels which was previously trading at just $1.28 before the surge began earlier today..

Can It Go Higher?

It remains unclear if MATIC can maintain these gains or go even higher in coming weeks ahead but it appears likely that support will hold at current levels around $1.40 should prices retreat from hereon out due to ongoing network developments and partnerships contributing towards its success so far this year

Aave Launches GHO Stablecoin on Ethereum Goerli Testnet

•Aave has deployed its native stablecoin GHO on the Ethereum Goerli testnet.
•The GHO mainnet launch is pending community discussion and approval via Aave DAO.
•It will compete with Maker’s DAI stablecoin and other leading DeFi protocols that have issued their own native stablecoins.

Aave Deploys GHO Stablecoin

Aave, one of the leading crypto decentralized finance (DeFi) protocols, has successfully deployed its native stablecoin GHO on Ethereum’s Goerli testnet. The GHO codebase is now available for potential adopters and developers to access and test before it is released to the general public on Ethereum.

GHO Mainnet Launch Pending Community Discussion

The launch of the GHO mainnet depends on community discussions and approval through the Aave DAO which is in charge of Aave governance through proposals and voting. The DeFi community has been eagerly anticipating the release of the stablecoin since August last year when Aave’s community overwhelmingly supported its development.

Stiff Competition from MakerDAO

As Aave ventures into the space of issuing a native stablecoin, it will face stiff competition from rival DeFi protocols like Maker that have already released their own versions. Currently, MakerDAO’s DAI is leading as one of the largest decentralized stablecoins with Curve, another renowned DeFi protocol also developing crvUSD as a rival to DAI and GH0.

Aave’s Current Position Within DeFi Space

Despite this competition, Aave enjoys a good position within the cryptocurrency borrowing and lending industry with total value locked (TVL) at $7.15 billion giving it an advantage over competitors in terms of adoption rate once launched to the public mainnet.

Conclusion

Ultimately, while everyone awaits for more details regarding GH0’s launch date, one can only hope that this new addition to DeFi space brings more innovation as well as better services than those already existing in form of other native stablecoins such as MakerDAOs DAI and Curve’s crvUSD

Equinoz’s NFT Artwork Sold Out In 4 Minutes On PlayNomm Marketplace

• Equinoz’s ‚Cybernetics‘ artwork was sold out in 4 minutes on NFT marketplace playNomm.
• The auction buyout was 40,120 LM, equivalent to US$ 16,937.
• This is the second pre-drop edition of the upcoming „NFT Korea Festival“ in March.

Equinoz’s Sold Out Artwork In 4 Minutes

Equinoz’s one of Superchief Gallery NFT artists‘ artwork was sold out at its highest buyout of US$16,000 in just 4 minutes on January 31st. The auction was carried out on NFT marketplace playNomm (CEO, Sung-Uk Moon). This artwork is a part of the second pre-drop edition of the upcoming „NFT Korea Festival“ in March.

About Equinoz

Equinoz is a 3D artist who creates delicate and intertwined images between virtual and reality, under the theme of „Visible Future“. He is an active artist selling on many other NFT platform such as Open Sea and Super Rare, and also works in various fields such as games, commercial videos, music, clothing brands etc.

First Drop Auction Results

This is not the first time that an art work has been featured on PlayNomm for a pre-drop event of NFT Korea Festival Artwork. The 1st drop was Shavonne Wong’s ‚Light in the Shadow‘ which was sold for 65,800LM equivalent to US$26,776.

Upcoming “NFT Korea Festival”

The NFT Korea Festival will be held from 7th – 8th March at DDP Seoul with 120 Global and Korean NFT artists displaying their artworks along with renowned Web 3.0 leaders delivering their thoughts about this festival. This festival will be collaborating with Superchief Gallery NTF and many more exciting events are expected at this festival.

About PlayNomm

PlayNomm is an innovative service platform which falls under LeisureMetaverse project and it is used as an online marketplace for buying/selling digital content like artwork or video games etc using blockchain technology

Yield App Acquires Trofi Group, Enhancing Crypto-Structured Products Suite

• Yield App, a digital wealth platform, has acquired Trofi Group, a platform offering structured solutions for cryptocurrencies.
• The acquisition brings four new structured products to the Yield App product suite, offering customers more options.
• The team at Trofi Group has 30 years experience in derivatives desks at JP Morgan and HSBC, providing Yield App with a superior suite of products.

Yield App, a leading digital wealth platform, has recently announced the acquisition of Trofi Group, a platform offering structured solutions for cryptocurrencies. The acquisition brings four new structured products to the Yield App product suite, giving customers more options to choose from.

The team at Trofi Group is experienced in derivatives desks at JP Morgan and HSBC, giving Yield App an edge in the development of best-in-class crypto-structured products. This move makes Yield App one of the few platforms to bridge the gap between traditional finance and crypto.

Commenting on the acquisition, the CEO of Yield App, Tim Frost, said: “The acquisition of Trofi Group establishes Yield App as a pioneer within the crypto-structured products arena, making us one of only a few platforms to bridge the gap between traditional finance and crypto. We are grateful to the team at Trofi for trusting us to continue their excellent work in bringing enhanced yield structured products to crypto. We look forward to leveraging our combined expertise to provide investors with the best digital asset products available today.”

The addition of Trofi Group’s products to Yield App’s suite brings a host of new opportunities for investors. Not only do they get access to a wider range of products but they also get access to more secure and reliable digital wealth management services.

Yield App is constantly striving to make digital asset investments more secure and accessible to everyone. With the acquisition of Trofi Group, they are one step closer to achieving that goal. The combination of Yield App’s expertise in digital asset management and Trofi Group’s expertise in structured products is sure to provide customers with the best experience possible.

Overall, the acquisition of Trofi Group is an exciting development for Yield App, as it will allow the platform to offer a wider range of products and services to its customers. It is also a great opportunity for investors to access more secure and reliable digital asset investments.

Enjin Coin Soars as Short Liquidations, Inflation Drop, Metaverse Tokens Surge

• Enjin Coin (ENJ) has been in an unstoppable bull run in 2023, jumping in all but two days this year.
• Short liquidations have jumped to the highest level in months and the producer price index (PPI) dropped in December.
• Metaverse tokens like Decentraland and Sandbox have also surged, leading to the rise of Enjin Coin.

Enjin Coin (ENJ) has been on an incredible bull run in 2023, soaring in all but two days this year and reaching a high of $0.47 on Thursday. This surge is largely due to the increase in short liquidations, which have jumped to the highest level in months, as well as the drop in inflation, which was revealed by the producer price index (PPI) on Thursday. The rally has also been driven by the performance of metaverse tokens such as Decentraland and Sandbox, which have seen a sharp rise in value.

The surge in short liquidations is largely due to the macroeconomic issues that have been taking place in the past few weeks. Data from CoinGlass shows that over $539k worth of short sales were liquidated on Thursday, an increase from the $257k that was liquidated on Wednesday. This upward trend is being seen as inflation continues to remain under pressure, with the PPI dropping in December.

The performance of metaverse tokens also has a major influence on Enjin Coin’s price. Decentraland’s MANA and Sandbox’s SAND tokens have seen a sharp increase in value, which has had a positive effect on the price of ENJ. The rising demand for NFTs and virtual assets has also been a driving factor in the rally.

Overall, the combination of short liquidations, falling inflation, and rising metaverse tokens has been a major driver of Enjin Coin’s price. With the digital asset continuing to make strong gains, it will be interesting to see how this trend continues in the coming weeks.

Avalanche Soars 16% After Collaboration With Amazon Web Services

• Avalanche price soared 16% after Ava Labs announced a partnership with Amazon Web Services (AWS).
• This collaboration will accelerate blockchain adoption for enterprises, institutions, and governments.
• AWS will support Avalanche’s network infrastructure and decentralised applications (dApps) ecosystem.

Avalanche, the open-source blockchain platform, has seen its native token AVAX soar 16% after the company announced a partnership with Amazon Web Services (AWS). The partnership will make it easier for Avalanche users to deploy and manage nodes and strengthen the layer-1 blockchain network.

Avalanche, which was founded by Cornell professor Emin Gun Sirer and his team of blockchain engineers, is a smart contracts platform that enables developers to create high-performance, trust-minimized applications. It is currently one of the most popular blockchain protocols and its native token AVAX is now one of the top 10 cryptocurrencies by market capitalization.

The collaboration between Avalanche and Amazon Web Services (AWS) will provide users with the ability to launch validator tools and its Subnet deployment feature on the AWS Marketplace. This will increase the flexibility for developers to build applications on the Avalanche blockchain, allowing for faster and more secure transactions.

The partnership will also strengthen the layer-1 blockchain network as well as increase its flexibility for developers. AWS will support Avalanche’s network infrastructure and decentralised applications (dApps) ecosystem, which will include one-click node deployment via the AWS Marketplace. This will make it easier for developers to build and deploy applications on the blockchain, further driving its adoption.

Aside from its collaboration with AWS, Avalanche is also working with other major companies such as Microsoft Azure, Google Cloud Platform, and Oracle Cloud. Through these partnerships, Avalanche is aiming to make it easier for developers to build and deploy applications on the blockchain.

In addition to its collaboration with major cloud providers, Avalanche is also working on other initiatives in order to increase adoption of its blockchain platform. The company is developing a range of tools and resources to help developers build on the Avalanche blockchain. It is also investing in research and development to improve its platform and create more use cases for its technology.

Overall, the partnership between Avalanche and Amazon Web Services is a major step forward for the Avalanche blockchain and its native token AVAX. The collaboration will make it easier for developers to build and deploy applications on the blockchain, increasing its adoption and driving up the price of AVAX.