For over the past two years, many of our artists have been creating 3D digital sculptures, tokenizing beautiful images and animations of the sculptures. We are thrilled to be taking 3D art to the next level by launching 3D file support and 360 display that makes the rendering of 3D artworks fully come to life. Throughout art history, technology developments have often advanced art as they provide new media/tools supporting artists’ creativity, helping them materialize their imaginations in better ways. We believe that 3D tokenization will advance the notion of “art sculpture” by bringing it into the digital realm. 3D tokenization will not only increase the richness, variety and fun of crypto/digital art, but also expand the dimension and possibilities of what “art” is or could be, and how art will be created, exhibited, experienced, collected and interacted with in the near future.  Virtual Reality: the term we use to describe a three-dimensional, computer-generated environment. A person can explore and interact with this environment. That person becomes part of this virtual world. The person is also able to manipulate objects or perform a series of actions. It generally refers to experiences that use a headset to place viewers in an immersive environment. VR Art: the term we use to describe the virtualization of art, made with the technical tools developed at the end of the 1980s. The development of computers and other technical tools such as “visualization casks, stereoscopic spectacles and screens, digital painting and sculpture, generators of three-dimensional sound, position sensors, tactile and power feed-back systems, and many others” transforms the artworks into an entire virtual universe. Immersion: VR contributes to the art world by allowing artists to create sculptures in a three dimensional, virtual environment and by providing the viewers with highly immersive visual experience, combined with rich auditory stimulation. Art experienced in VR has taken immersion to an unprecedented different level in terms of sensory richness and immediacy. This deep level of immersion and personal involvement and the application of technical tools are the main characteristics of what we often call VR. With its ability to simultaneously occupy our senses, transcend space and present the work at full scales, VR art offers the substitute for reality. For the past years, VR works have been included in exhibitions organized by traditional institutions. These VR art are often put at small VR sections where people could try out the VR headsets. But could a virtual exhibition have artists and audiences across the globe gathering to the same virtual space from their home? If yes, could VR make possible new forms of art exhibitions and cultural exchanges that are truly global, digital and “contemporary”? It’s not hard to imagine a future where exhibitions will be held in the worlds of virtual reality, instead of vice versa. This coming Friday, June 26, 7-9pm EST, we will be opening SuperRare’s first virtual reality art show, Aether, in VRChat. Exhibitedin the VR world are 3D sculptures by seven of our 3D/VR artists: Frenetik Void, Giant Swan, Glass Crane, Marc O Matic, Metageist, Rosie Summers and Sven Eberwein. This art event aims to explore the world of 3D and VR art, and to expand the possibilities of exhibition, experience, and meaning of art in the digital age. According to an article published on CNN titled “How to put a price tag on virtual reality artworks”, the art world establishment is yet to fully embrace VR art. They believe unlike physical art, virtual reality pieces are infinitely replicable. In their most basic form, they are simply digital files that can be experienced by anyone with a VR headset. It is near impossible to curb the spread of a digital file. However, as the possibilities of virtual reality develop, and VR artwork along with them, the art world is forced to wrestle with how to sell such digital creations. One question that comes up often in discussions of VR artworks and the market is how, exactly, such pieces could or should be sold.  Christie’s chief marketing officer, Marc Sands, did believe that it is only a matter of time before VR starts appearing at major auctions. “Response to (virtual reality art) from both consignors and buyers is largely positive but to date we have not discovered the ‘killer’ version of VR.” What will 3D tokenization mean to VR, blockchain/crypto, or even the combination of both? As two of the most cutting-edge technologies based on the digital/virtual, the combination of the two is not unreasonable. In the crypto art community, we have seen 2D cryptoart being exhibited in virtual worlds and VR. We have also seen the first 3D sculpture tokenized on blockchain, and 3D sculptures/architectures built in virtual worlds but not tokenized. So what if we put these three- 1) 3D sculptures, 2) that are tokenized on blockchain, 3) and exhibited in Virtual Reality- together, what will happen?  In VR environments, blockchain can legitimize the buying/selling/trading of 3D NFTs as virtual assets in a trustless manner. Tokenizing these digital assets onto the blockchain will introduce a universally accepted mechanism for trust, as well as the notion of digital uniqueness and scarcity. The virtual assets as we now know of today are mostly issued and controlled by centralized entities. But the most important part — what makes these worlds traversable and connected — should be the shared data layer between them. Without a shared data layer it’d be impossible to travel around seamlessly as the same virtual “you”. The shared data layer is what makes the Metaverse the Metaverse. Therefore, once that data layer is blockchain-based, blockchain will become the backbone of virtual worlds. (For more, read Fred Ehrsam’s “VR is a Killer App for Blockchains.”) Combined, blockchain and VR can give birth to products and services not possible before. As blockchain is used to establish 3D digital item ownership in virtual worlds, it helps creators to get direct reward for their creative efforts. The potential of economic activities in VR will thus be increased. VR and blockchain could probably benefit a lot from each other. New technologies continue to reshape and reimagine the definition of art. 3D digital sculptures, blockchain and VR together have rich potential to extend artists’ abilities to explore their creativity beyond the confines of the physical space. As the world opens up to more digital experiences, and more people find comfort with purchasing digital artworks online, technology will bring the art world into new markets and modes of exchange. VR provides artists with new digital tools to create works that would be unimaginable before, while blockchain helps creators to secure the authorship, and collectors the ownership, of these 3D digital creations as essential parts of VR. Blockchain, VR and their adoptions in the art world will be crucial to elevate the status of digital art, making it desirable for the global collectors, placing it as the future of art. And we believe 3D tokenization will be an important step along the trajectory. Blockchain and Virtual Reality are together reshaping the art industryBlockchain For Virtual Reality: 12 Possible Use CasesCollecting VR-ART?How AI, AR, and Blockchain Are Democratizing The Art WorldHOW BLOCKCHAIN AND VIRTUAL REALITY ARE RESHAPING THE ART INDUSTRYHow Blockchain Empowers The Digital Art MarketHow Far Can VR/AR and Blockchain Go? VR/AR and Blockchain CombinedHow to put a price tag on virtual reality artworksIn the Changed World After Lockdown, We Will Need Smarter New Ways to Interact With Art. I Believe Virtual Reality Is the AnswerIs Virtual Art the Future of Creation?Is Virtual Reality the Future of Art?The Future of VR and How Blockchain Will Legitimize the Virtual WorldVirtual reality and blockchain are taking art to the next levelVR is a Killer App for BlockchainsWhat You Need to Know about Collecting Virtual-Reality ArtWhy Virtual Reality Art Could Be an Industry GamechangerWhy Virtual Reality Needs Blockchain: Economics, Permanence and Scarcity Author profile Website Author profile Curatorial & editorial @SuperRare_co Related entries Tags: 3DCryptoArtFeaturedVR Since discovering the Crypto Art movement my views on the future of art have been drastically expanded, more…

The Sandbox, an Ethereum VR game has set a new record sale. Two of its 6×6 estates located right next to Atari and Roller Coast Tycoon XL Estates have been sold for 210 ETH, which is about $76,931.

Amazingly, the selling price of The Sandbox estates is 28 times the original price of $1,400 each. The Sandbox virtual ecosystem allows players to create and own blockchain-based virtual items in the metaverse built on the Ethereum network.

Additionally, this blockchain-based game features Atari games and the virtual Care-a-Lot Kingdom featuring Cloudco Entertainment’s Care Bears.

The Sandbox utilizes Non-fungible tokens (NFTs) and its native token SAND. According to nonfungible.com data. The Sandbox’s virtual ecosystem has been the fifth-largest seller in terms of NFT trade volume.

Also, nonfungible.com recorded $555k worth of The Sandbox NFT sales. As of date, the blockchain-based game has seen a total of 42,420 sales worth $2.2 million.

This player-created online world joined forces with video game maker Atari in March this year. Following this, a number of Atari favorites will be available in the 3D Sandbox world. As such, Atari announced that The Sandbox visitors will be able to obtain Atari-issued in-game assets.

Animoca Brands, The Sandbox’s parent firm, also recently announced a partnership with Cloudco Entertainment, which is the owner, content producer, and global distributor of the Care Bears. The agreement brings the Care Bears and their Care-a-Lot Kingdom to The Sandbox metaverse.

In addition to Atari and Cloudco, other well-known firms like Square Enix, Shaun the Sheep, and Rollercoaster Tycoon World have also partnered with The Sandbox.

Startup TSB Gaming, a subsidiary of the firm Animoca Brands, created The Sandbox. This Ethereum VR game leverages a voxel editor that allows users to create 3D assets. They can also develop on land parcels that can be purchased with the project’s native token SAND.

A blockchain expert should be well versed in technology, know how Google Cloud products such as Blockchain Wallet and Blockchain Explorer work.

Blockchain got into Google's sphere of interest back in 2018. The company signed a partnership agreement with Digital Asset and began to implement blockchain technologies in its Google Cloud products.

Recall that this platform operates on the basis of the same infrastructure as YouTube, Google Search, Gmail.

PR: 3D-Token ICO 3D Printing Robots Network Expansion Started By Bitcoin.com PR - Feb 1, 2018 6190 This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Turin/London Simone Paschetto, Politronicas 3D Printing Robots Network Manager, the Company running on the back of 3D-Token ICO: Right now I am really very excited; our Projects is meeting great success and our Robots Network International Development Campaign officially started. We already received several requests by new candidates to become Network Members, from United States, Canada, Ireland, Portugal, Hungary, Baltic countries, Iceland and Malta, who are showing a terrific interest in the project. 3D-Token ICO is a great accelerator of the project we launched two years ago, which is all about the creation of a Network of thousands of 3D Printers managed by a blockchain based software able to create the just-in-time, decentralized Factory 4.0, disrupting the industry standards by product cost and time-to-market. Politronica, which has been acquired in 2017 by Etroninvest Ltd., London, counts on a nine years hi-tech research history. The Company was spinned-off from the renowned Italian Tech University Politecnico di Torino. 3D-Token ICO was launched on December,18th 2017 and is set to end on February the 11th, 2018. The soft cap of 1 million dollars was reached in just ten days. Simone: In order to develop its business, and according to 3D-Token ICO Whitepaper, Politronica is starting now the expansion of its 3D Printing Robots Network by looking for Hub candidates worldwide. We offer three 3D-Printing Robots to each new Hub as per a free loan-for-use contract, requesting the affiliate to work for the Network and to take part of the just-in-time manufacturing revolution, as you can see in the following video https://www.youtube.com/watch?v=-xoc2pNYDHk Politronica will provide the affiliate with the bioplastic material necessary for the manufacturing projects and will cover the logistics expenses, granting the affiliate a fee of $ 2 for each printing hour executed (the printing hours will be paid in Ether, https://www.3d-token.com/). The Network Members will be provided with three Politronicas QUBIT3D 3D Printing Robots (a FDM 3D-Printing Robot developed with proprietary technology) which as been designed for intensive industrial use, with a printing area measuring 300-400-240 mm, one of the largest currently on the market, original Arduino board, direct extrusion granting more precision and the possibility of using different materials. After a successful test, started in 2016 in northern Italy, with 50 hubs and 100 3D Printing Robots installed, Politronica is now looking to expand the network and integrate it into a blockchain managed software in order to grow it up to 3000 3D Printing Robots in 1000 new Network Hubs to reach the amount of 22 millions hours of Robots Workforce able to transform 300 tons of bioplastic material per year. Following the change in the global economic model from mass to just-in-time production, Politronicas goal is to set up the decentralized Glocal Factory 4.0 creating a new concept of digital manufacturing able to run within the frame of the new economic challenges. If you wish to participate to this pacific revolution then make a contribution to get your 3DT and be part of the just-in-time manufacturing technology which is changing the paradigm ! JOIN THE PROJECT at https://www.3d-token.com Contact Email Address info@3d-token.com Supporting Link https://www.3d-token.com This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. TAGS3D Printing Robots3D-Token ICO3DTArduino boardBaltic countriesCanadaHungaryIcelandIrelandLondonmaltamanufacturing technologynorthern ItalyPolitecnico di TorinoPortugalQUBIT3DTurinUnited States SHARE Facebook Twitter Previous articleMobile Payment Company Square Launches In-app Bitcoin Buy/Sell OptionNext articleMarkets Update: Bears Claw Cryptocurrency Prices Down to New Lows Bitcoin.com PRhttps://news.bitcoin.com/press-releases/Bitcoin.com is your premier source for everything Bitcoin-related. We can help you buy bitcoins and choose a bitcoin wallet. You can also read the latest news, or engage with the community on our Bitcoin Forum. Please keep in mind that this is a commercial website that lists wallets, exchanges and other Bitcoin-related companies.

The art of predicting the price of Bitcoin is practiced far and wide. While some prefer to live on the pessimistic side, looking to a future when Bitcoin is at zero, the crypto sphere is a wasteland, and big banks rule all.

Others see the future of this "magical internet money" as limitless, predicting numbers that would make almost anyone with any Bitcoin rich enough to buy one (or more) Lambos.

CoinMarketCap has made a list of the most recent Bitcoin price predictions to see if anyone (anyone at all) is getting it right.

Omniscape shows what’s possible on Bitcoin SV

North Carolina-based Transmira, founded by Robert Rice, has been the standout developer of Bitcoin SV-powered experiential reality (XR) in 2020. XR is a seamless blend of virtual and augmented realities, integrating digital overlays, data visualization smart buildings, IoT integration, 5G, spatial computing, AI holograms and more

Transmira got to show the world just what its Omniscape platform is capable of during CoinGeek Live in early October. The virtual event allowed the audience to be actively involved via the CoinGeek Conference AR app, built on Omniscape. Users could scan the room around them for 3D objects, kind of like Pokemon GO. However, with the app, collecting the items had an economic incentive. Each item had a monetary value, ranging from $0.1 to $10 which was credited to a user’s Paymail or HandCash $handle.

Aside from collecting the giveaways, users could also participate in voting for their favorite projects to win the Hackathon—which Repzip eventually won.

In article Rice explained why his company chose to build on Bitcoin SV:

“Building something like Omniscape must be secure, ensure privacy, and work efficiently in order to be successful as the platform of the future. The very nature of what we are creating has tremendous applications and implications for nearly every industry vertical, and as such, will accelerate the adoption and use of Bitcoin and blockchain in our day to day lives. We are literally putting the world on-chain.”

GeoSpock brings extreme data analytics to Bitcoin SV

Another project that came to prominence during CoinGeek Live was GeoSpock, a Cambridge technology company that’s bringing extreme data to the Bitcoin SV blockchain. In what was one of the biggest announcements of the event, GeoSpock revealed it had raised $5.4 million in a funding round led by nChain.

GeoSpock focuses on extreme data analytics environments, providing an analytical database that deals with spatial data that’s generated from physical devices. These include IoT sensors, connected cars, street lighting and other interconnected devices.

By 2025, there will be over 41 billion interconnected IoT devices generating 80 zettabytes of data, according to one study. GeoSpock is betting on the Bitcoin SV blockchain to store and analyze this data. The company has been relying on Amazon cloud services, but is now building on the BSV blockchain.

GeoSpock CEO Richard Baker explained why BSV is the only blockchain that can power the world of interconnected devices:

“I think at the heart of what we think about and what powers our vision is, in the same way that google indexes the internet, our role and our vision is to index the physical world, and make it searchable. The opportunity for Bitcoin SV in this context to be the protocol, the infrastructure in the physical world, particularly for transactions, is immense.”

In addition to storing the massive amounts of data, Baker believes BSV is best suited to process machine-to-machine micropayments, with its real-time transactions and very low fees.

An even bigger year lies ahead

While 2020 has shown what Bitcoin SV can do for AR, VR, XR and extreme data, an even bigger year lies ahead in 2021.

For Transmira, it will be a year in which it will explore the commercial application of its Omniscape platform. The company is looking to work with companies that seek innovative technology to drive experiential marketing, brand engagement and monetization. As Rice revealed to CoinGeek, the company is also looking to work with stadiums, malls, universities, convention centers and other venues to engage their fans and customers, both on-site and remotely.

With its 3D objects ability, the company’s Omniscape platform can be used by almost every other company to interact with its consumers. For instance, consumers can scan virtual goods which they can exchange at a physical store for the real products, or a discount. This kind of engagement is especially crucial at a time of global e-commerce when competition for customers is at an all-time high.

For GeoSpock, 2021 will be a year in which it explores machine to machine micropayments, powered by Bitcoin SV. Already, the company is working with 70 smart city projects in the U.K.

As Baker told CoinGeek, his company is looking to automate day-to-day processes, such as filing up your car.

“We should be able to plug in our car and our car settles for the amount of time that it’s been on the charging station in a public space. That ultimately will become a machine to machine commercial transaction. And I think we see an opportunity here where Bitcoin SV becomes the digital ledger of choice for those types of transactions in the machine to machine economy.”

Recall that bitcoin began to fall in price on Sunday, but the bulls managed to hold their positions. The situation worsened on Monday. Bitcoin fell below the 36,000 support line. Following it, the entire crypto market entered the red zone. Single altcoins are in the green zone.

Correction of the cryptocurrency has been expected since December. However, the bullish sentiment in the market did not allow Bitcoin to fluctuate down by more than 1-2 thousand dollars. But now it seems that analysts' predictions have finally materialized - bitcoin has begun testing lower support levels.

The fall began on January 10 at $42,000. On Bitstamp, the cryptocurrency fell to $35,000. On Monday, Bitcoin's low was $32,400, which means a drop of nearly $9,000. As of this writing, the asset is trading at $33 759.

One of the reasons that led to this development of events can probably be called the refusal to support cryptocurrencies by the British banking giant HSBC. We already wrote about this today.

The cryptocurrency sphere is very dependent on the information background. And such news will inevitably have a negative impact on bitcoin and altcoins. We will monitor how the situation will develop further.

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Her Majesty’s Treasury in the U.K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is initiating a “regulatory approach to cryptoassets and stablecoins” for 2021 following the Brexit turmoil.

According to the official announcement, the consultation mainly targets stablecoins to gather investments and wholesale uses. The HM Treasury expects to collect insights from the “industry and stakeholders” in the crypto sphere until March 21, 2021.

In 2018, the British government launched a cross-authority taskforce to assess the impact of a “rapidly developing cryptoasset market” in the economy.

With such motivation, the HM Treasury wants to “ensure its regulatory framework is equipped to harness the benefits of new technologies, supporting innovation and competition, while mitigating risks to consumers and stability.”

The Treasury explains in the document why they put a special focus on stablecoins after the taskforce’s launching:

Two years on, the landscape is changing rapidly. So-called stablecoins could pave the way for faster, cheaper payments, making it easier for people to pay for things or store their money. There is also increasing evidence that DLT could have significant benefits for capital markets, potentially fundamentally changing the way they operate.

Per the document, signed by John Glen, Economic Secretary to the U.K. Treasury, this approach marks the “first stage in our consultative process” with the crypto industry. They also want to spot “where the most serious risk lie,” stressing the importance of a risk-led approach to regulation.

Secretary Glen commented in the document:

The government will continue to actively monitor new and emerging risks as this market continues to mature. We will stand ready to take further regulatory action to ensure the market is working for the people and businesses who operate in it.

On January 11, 2021, the U.K.’s Financial Conduct Authority (FCA) warned investors about high-risk crypto investments and the surge of related scams in the industry.

What do you think about the U.K. government’s document addressing the crypto industry? Let us know in the comments section below.

VeChain is a promising project of the crypto market, which has already established countless partnerships with well-known companies like BMW, DB Schenker, Walmart or PriceWaterhouseCoopers (PwC). VeChain’s blockchain is versatile, so that application cases have already been created in the automotive, logistics, pharmaceutical, food and beverage, but also in the gaming industry. A new 3D game has recognized this potential and relies completely on the VeChainThor blockchain. Vulcan Verse is a fully decentralized virtual world powered by VTHO (Gas from VeChain), where players can own, cultivate, sell and interact with each other through avatars. Vulcan Verse is a joint product of Vulcan Co, Bencin Studios and Creatisoft Solutions. The “3D construction machine” will use elements from Blender, Unity, Clara and Babylon and will be called “Vulcanizer-3D”. Source: 3d-virtual-world-built-on-vechain-e5a07f81cf40 Within the game there are be no limits to what land owners can build on their own land. Different types of terrain, shades, objects, animations and special effects are available. The users of the game move with avatars that can be equipped with different clothing. For the design of the clothes the team of Vulcan Verse is working together with Block Fashion (a subsidiary of the fashion label Toi and Moi). All land, items and other tradable goods will be available on the Vulcan marketplace. The project is still under development, but the first piece of land, 1 km², is to be sold from July this year. Each piece of land is assigned to an NFT token, which cannot be replicated or destroyed. The assignment of these tokens to an owner marks the claim of ownership for exactly this piece of land, which is coupled with the token. The tokens are generated by the Vulcan engine, which is also used for other projects such as VeriArti, Block Babies, a Ninja trading card game and a Mode-dApp as well as a TBA-Autopass certification program to be published soon by VeChain’s long-time partner DNV GL. A few days ago the VeChain Foundation announced that in cooperation with I-Dante an app has been developed which allows the administration of data from COVID-19 RT-PCRs and rapid tests. VeChain thus offers an alternative to Google and Apple, which protects the privacy and data of the owner. The solutions developed by the tech giants have already been sharply criticized by data protectionists worldwide. In addition, VeChain has developed a digital health passport for hospitals in Cyprus, in which all important patient data is stored and can be viewed at any time. All collected information belongs completely to the owner (patients) and can only be passed on to third parties with permission. These two innovations effectively support the fight against the still raging coronavirus. VET’s price, however, has risen by 5.16% to a price of $0.0049 within the last 24 hours. With a market capitalization of almost $305 million, VeChain ranks 32nd among the largest cryptocurrencies by market capital. Our top recommendation: Buy Bitcoin, Ethereum, XRP and Cardano from eToroBrokerddtrgegr✔️ Buy 15 cryptocurrencies✔️ Bitcoin CFD with leverage✔️ Insurance up to €20.000✔️ PayPal, SEPA, credit card

A survey reveals that the number of U.S. financial advisors allocating to crypto in their clients’ portfolios surged significantly from 2019. The figures show that it rose 49% in 2020, from 6.3% to 9.4%.

According to the San Francisco-based asset management firm Bitwise, 58% of advisors allocating to crypto are independent Registered Investment Advisors (RIAs).

The report says that the finding is not a surprising one. In fact, RIAs do not have restrictions on which type of investments they can include in portfolios.

The study also reveals that the vast majority of advisors with clients investing in crypto had personal investments in the sphere. According to the report:

82% of advisors reporting client allocations to crypto also reported a personal investment in the space.

The report further notes that 78% of the surveyed advisors are thinking about increasing their clients’ crypto allocation in the next 12 months. However, 12% of them will keep “steady,” said the study.

Moreover, no advisors reported plans to decrease or remove their current crypto positions. The survey also adds:

The percentage of advisors planning to increase their clients’ allocation to crypto rose substantially this year; last year, just 42% of advisors with client allocations reported plans to increase that allocation.

Regarding the reasons for adding crypto-asset exposure to clients’ portfolios, the survey found a “sharp uptick” in advisors praising crypto’s “high potential returns.” Also, they pointed out crypto’s role in “inflation hedging” as an attractive feature for the asset class. Bitwise noted:

Thirty-eight percent (38%) of advisors highlighted ‘high potential returns’ as an attractive feature of crypto, up from 30% in last year’s survey … The biggest increase by far, however, was for ‘inflation hedging,’ which 25% of advisors highlighted as an attractive feature, up from just 9% in last year’s results. There has been a significant rise in interest in inflation-hedging tools over the past year, and a number of well-known institutional investors publicly highlighted bitcoin as a potential hedge against inflation risks in the past year.

What are your thoughts on the survey? Let us know in the comments section below.

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Stacks, an open-source network for building smart-contract and DeFi bridges to Bitcoin (BTC), has secured several major partnerships in the wake of its mainnet launch — sending a strong signal that industry players are keen to back new use cases for BTC.

The Stacks 2.0 mainnet officially launched on Thursday, bringing the promise of new use cases for Bitcoin based on the Clarity smart contract language. As Cointelegraph reported, Stacks 2.0 is attempting to broaden Bitcoin’s utility beyond the digital-gold narrative to include decentralized finance and smart-contracts. That including putting to work the roughly $700 billion in Bitcoin capital currently on the sidelines.

Foundry Digital, a Digital Currency Group company, has since announced that it will provide mining services for STX, the native cryptocurrency of the Stacks ecosystem. Foundry says the move sends a “clear signal to miners about the opportunity to mine STX.”

Foundry was one of several independent miners to launch the Stacks 2.0 network on Thursday.

Blockdaemon, a blockchain infrastructure platform, has also announced integration with Stacks 2.0, which will allow institutions and investors to become node operators.

“We are currently witnessing unprecedented institutional investment into the crypto sphere, demonstrating the need for enterprise-grade infrastructure to connect and scale blockchain networks,” said Blockdaemon CEO Konstantin Richter.

Regarding Stacks 2.0, he added:

“We’re aligned in our vision of building Web 3.0, and look forward to seeing the network deliver a truly decentralized and user-owned internet.”

Meanwhile, the Korea-based Upbit exchange has stated that it will list STX on its platform, making the token available to up to 3 million investors.

“Upbit is uniquely positioned to expand the Stacks ecosystem for Korean users,” the exchange said.

Stacks 2.0 is based on the proof-of-transfer, or PoX, consensus mechanism. The novel mining system utilizes proof-of-work to create new blockchains that are rooted in Bitcoin’s security. Stacks co-founder Muneeb Ali says PoX can incentivize network participation by offering Bitcoin rewards, something that wasn’t possible before the protocol was conceived.

Welcome to 2021 says BTC bullish trend, and all the influential personalities asking the general public to invest in the latest technology at the same time brought a huge amount of money into the crypto-space. But, the sudden fall in the price of BTC in mid-January eventually imposed the big question of “WHAT’S NEXT!” in front of investors. 

Undoubtedly, the coin has shown a massive surge of 197% in just three months. Considered as the safest asset of the crypto-sphere, Bitcoin, has always been the first preference of investors. Also, the adoption of digital assets and using peer-to-peer technology for transactions, i.e., without involving any financial institution in between, is what makes a serenade in the minds of investors. 

“Bitcoin’s parabolic rise is unsustainable in the near term, vulnerable to a setback. The target technical upsides of $35,000 have been exceeded, time to take some money off the table.”

In his tweet, he clearly pointed out that it would not be wise to invest “more” in BTC.

But from the eye of analysts, BTC whales kept on buying them as the price drops. Yes, both statements are supporting each other in a certain way! And it won’t be wrong to say that why he wanted us to take the money out? Because these bitcoin whales can scoop more BTCs?

In December , Minerd himself stated that Guggenhe im  is into investing more funds into BTC once the SEC approves his funds. So what’s the reason behind asking for taking our money out?

Clearly, the signs show that crypto-whales first manipulate the market by stating that decentralized ways of investing should be adopted, and investing in digital assets, especially Bitcoin, can gross larger profits. Basically, these influential people generate cash flow in the market, which eventually gets reflected in the price of BTC. 

Now, again a tweet by Scott Minerd comes and the newbies of the market get into the dilemma to either HOLD or sell at the surge! This creates a situation of selling in a panic, which brings the price of BTC low. This is the time these millionaire whales scoop more numbers of BTCs to their accounts as per the Twitteratis.  

The investors have to understand that even if you have invested at a time when the market is going high, it won’t be wise to simply withdraw when the situations are not favorable enough! Thinking on your terms and then acting accordingly has always been the best strategy to adopt for.  

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RSK Infrastructure Framework (RIF) will join the multitude of cryptocurrencies already supported by the cryptocurrency exchange. Binance made this announcement in an official blog post published on its website.

According to the post, trading RSK Infrastructure Framework (RIF) commenced on January 7, 2021. Trading pairs supported include RIF/BTC and RIF/USDT. The deposit feature for the trading pairs was first activated, so that interested persons could deposit RIF before trading commenced proper.

The listing of RSK Infrastructure Framework (RIF) by Binance is a great feat as RIF will have access to Binance’s vast multitude of customers. This is definitely a step in the right direction to achieving global mainstream adoption for RIF. Since the listing is quite still early, there are a few important points users should take note of before investing.

For one, deposits will require at least 500 block confirmations before funds are transferred. This is estimated to take about four and a half hours (4.5 hours). The time required to complete and verify transactions, although long, was recommended by the RIF team.

Built on the Bitcoin network, RIF is an array of decentralized infrastructure protocols. RIF is designed to facilitate seamless, scalable, and fast development of distributed applications, popularly known as dApps. These dApps are also usually developed within a unified environment. RIF, simply put, is a single, easy-to-use decentralized technology infrastructure providing dApp developers with access to a myriad of services. Its protocols facilitate faster deployment of dApps and also hope to provide decentralized technologies with much-need awareness and subsequent mass adoption.

The listing of RSK Infrastructure Framework (RIF) on Binance is a huge feat for the infrastructure platform. In a note to users, Binance urges them to tread with caution when trading the newly listed RIF token. This is majorly due to the risk of high volatility known to plague newly listed tokens.

At the time of publication, RIF token was trading at $0.171341, with a market cap of $116,724,272 and a 24-hour trading volume of $12,584,920.

Interestingly, Altcoin Buzz recently published a step-by-step series on how to trade on the Binance exchange. The platform also recently commenced shipping of its Visa card to the EEA region.

Join us on Telegram to receive free trading signals.

Find out more about current trends in the cryptocurrency and blockchain sphere on the Altcoin Buzz YouTube channel.