Bitcoin News and Finance: What You Need to Know

As both fractional and traditional non-fungible tokens (NFTs) have seen exponential growth this year, the firm Otis has announced the launch of a marketplace called Otis House. The platform is a new NFT project that turns physical items into NFTs, and the tokens can be traded at any time for the physical items stored in a vault. The platform has launched the auction of six assets that include a vintage Super Mario Bros 3 video game and a rare Bob Ross painting. Otis House Aims to Bridge NFTs and Physical Collectibles While NFTs have been a hot subject in 2021, Bitcoin.com News has reported on a number of interesting projects that use NFT technology in a different way. For instance, Bitcoin.com News spoke with the popular American rapper Ja Rule in September about his startup Flipkick.io , a platform that leverages both physical and digital NFTs from artists, celebrities, and creators who want to monetize their work. Our newsdesk has also discussed fractional NFTs on a few occasion...

On Wednesday, the non-fungible token (NFT) marketplace Rarible announced that the platform now supports the Tezos blockchain network. The move follows Rarible’s integration with the Flow blockchain protocol in mid-November, and the NFT marketplace now supports a total of three blockchain networks. 8th Largest NFT Marketplace Rarible Adds Tezos Support Rarible says it has expanded its multi-chain compatibility as it now supports a total of three blockchains which include Ethereum, Flow, and now the Tezos proof-of-stake (PoS) blockchain. The strategic alliance with Tezos allows Rarible to provide users the ability to “mint low fee and energy-efficient NFTs, and support secondary sales of projects live on the Tezos ecosystem,” the company’s announcement explains. Rarible is the eighth largest marketplace in all-time sales, according to dappradar.com statistics , with $260.45 million in sales across 88,258 traders. The NFT marketplace originally started its services leveraging the Eth...

On December 14, Moonray PBC, the developer behind the multiplayer action-role-playing game (RPG) Moonray, announced that the project has raised $3.5 million from strategic investors. Moonray is considered the first metaverse and gaming non-fungible token (NFT) exchange built on the Bitcoin network via Stacks. Moonray PBC Leverages Stacks to Build a Blockchain Game on Bitcoin, Project Raises $3.5 Million From Strategic Investors Play-to-earn (P2E) games, non-fungible tokens (NFTs), and the metaverse have become very popular in recent times. There’s been a massive amount of funding directed at projects developing video games and new ventures being launched by big-name game makers. A report published in mid-November shows that game developers are starting to incorporate blockchain tech into games more frequently. On Tuesday, the startup Moonray PBC announced that the team has raised $3.5 million in a funding round led by Animoca Brands. The funds will be dedicated toward scaling th...

Shopping․io, the very first E-commerce platform that allows users to purchase from major hubs using over 200 cryptocurrencies, is now proud to expand the catalog of products and to launch their very own NFT collection: the Shopverse . On December 3rd, Shopping․io announced their incredibly daring and adventurous journey into the Metaverse with the introduction of their genesis NFT line – Shopverse ! This will also be the first ever NFT to add benefits when you shop at major e-commerce hubs online, such as Amazon, eBay, Walmart, and Home Depot. The NFT will serve as your pass to explore a virtual world behind Shopping․io and will show how a modern shopping mall can be constructed in the mysterious world of the Metaverse. Find adventure, exploration, and a thriving nightlife as Shopping․io walks beside you in one of the biggest events to ever hit the online world of E-commerce. Shopping․io is building an experience unlike any before by allowing NFT holders of their genesis collec...

The Tanzanian central bank governor recently revealed that cryptocurrencies are not outlawed in the country but warned those dabbling in crypto-related investments that they do so at their own risk. Central Bank Open to Ideas The governor of the Bank of Tanzania (BOT), Florens Luoga, recently stated that the central bank has not outlawed cryptocurrencies and that those putting money into crypto-related investments are doing so at their own risk. Also, in his remarks published by The Citizen, Luoga revealed that the BOT — which is now exploring the possibility of issuing a digital currency — is nonetheless open to any ideas on how it can regulate cryptocurrencies. “We can’t outlaw something that we are not yet competent with or regulate a game that we don’t really know how it is played. We have not reached a position where we can costerise [sic] cryptos, but we welcome applications from interested parties. All should feel free to present their ideas for consideration,” Luoga is qu...

Dvision Network is a blockchain-based metaverse, which powers the robust and diversified NFT marketplace within its augmented reality. Dvision is based on three primary platform features, which are known as NFT Market, Meta-Space, and Meta-City. The users can utilize LANDs (Meta-Space) in the metaverse in order to build their preferred content that will be integrated as an essential part of the Meta-City. The user-created content has no limitations and can be presented in the form of gaming, academic, commercial, or even entertainment pieces of in-game content. Dvision has recently conducted one of the largest LAND Sale on BSC, got invested by in Republic Realm, and partnered with Refinable and DeFine for P2P NFT sales on the secondary marketplaces. Boburjon Muydinov is the head of business development at Dvision Network . He recently joined the Bitcoin.com News Podcast to talk about the metaverse: Boburjon has a strong finance and business background, being alumni of top unive...

Bitmex co-founder and cryptocurrency investor Arthur Hayes has addressed the current state of the market with the effect the U.S. Federal Reserve’s upcoming tapering process may have. Hayes also links this with the Evergrande situation in China and advises cryptocurrency newcomers to hold on until new signals emerge next year. Arthur Hayes Analyzes the Current Market Situation Former Bitmex CEO and cryptocurrency investor Arthur Hayes issued his opinion on what cryptocurrency investors should do in the context of the current market. In his latest digest, titled “Circo Loco” (Crazy Circus), Hayes expounds on the current market situation in view of the larger economic framework, taking the Federal Reserve tapering and the recent Evergrande default event into account. To him, the situation in China, combined with the accelerated tapering process that the Federal Reserve is already conducting, will affect cryptocurrency prices in a substantial way. Hayes states: The Fed will contin...