cryptopolitan

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Spark, a Next-Gen NFT Marketplace, announces completion of Seed Raise raising $780,000

The NFTs market is growing, with a record number of investors pouring their capital to mint and purchase NFTs. As a result, the number of complications related to NFTs is increasing. The solution can be sought through dedicated organizations that sort out the issues and present proper solutions.

Spark is one of a kind that is currently working on Avalanche and offering NFTs-related solutions. The main focus of this marketplace is looking for solutions to the pre-scheduled minting of NFTs and the related issues. As this problem is solved, it will present the transparent valuation of NFTs and ensure fair play in the market.

Seed Raise Campaign for Spark

Spark was launched recently in the market to tackle the problems arising from the boom of the NFT market. The Co-CEO of Spark is Joshua Verheul, working on Web 3.0 solutions and has vast experience in the market. Verheul had announced the launch of the seed raise campaign, which received warm support from leading names in the market like Genesis Block Ventures, Pluto Digital Assets, Block Pioneers, Moonrock, Contango, etc.

The reason for the interest of these and other investment firms was the pressing problems that the market faces. These problems need immediate attention from experts because of the subsequent issues they create. Spark attracted the attention of tech experts because of the mechanism that it had announced, i.e., Fair Prediction Launches (FPLs).

The mentioned mechanism will help predict NFTs drops resulting from different reasons. Once this mechanism is adopted and implemented, it will help bring precision in predictions while not compromising the quality of outcomes. Thus, this mechanism is aimed at bringing stability to the market. Spark CEO referred to it as beneficial to the whole ecosystem instead of bringing profits to a single marketplace or group.

The seed raise campaign continued, and it is reported that it has achieved its goal of raising the required amount in a record period.

Spark Raises $780,000 in the Seed Raise Campaign

Spark is a complete package for NFTs and crypto enthusiasts. For this reason, the investors found it a worthy investment as it will bring tremendous profits to the market and the investors. Spark aims to integrate with the metaverse, which will make possible the arrangement of prediction games and events that will bring authenticity to the market.

It will help like-minded enthusiasts join communities of mutual interest and share their ideas. The pros of it don’t end here. Rather, there will be rewards and other gains for participating in activities. The marketing lead of this project expressed hopes that the investments would help create a fair, transparent, and interactive environment in the NFT marketplace.

Along with this, the mentioned project will also support new initiatives in the market. As the marketplace grows, it will bring together community and creators, helping the creators have an insight into the market situation. Spark also intends to launch the SPRK token in H1, which will help launch a new era for NFTs.

[cryptopolitan]

Australia regulatory body warns 'Bitcoin Traders' is illegal scheme, so far

Australia regulatory body warns ‘Bitcoin Traders’ is illegal scheme, so far

Financial Market Authority (FMA), the Australian national watchdog authority on cryptocurrency, has warned the citizens and cryptocurrency investors about the locally operating Bitcoin trading firm Bitcoin Traders, on account of the illegal status of the scheme.

The warning was issued on the account that the firm Bitcoin Traders has not been able to attain a banking license from the relevant…

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Ethereum price data analysis 10 July 2019; BTC crushing ETH

Ethereum price data analysis 10 July 2019; BTC crushing ETH

Ethereum continues to struggle as the spotlight continues to shift towards Bitcoin. Ethereum price data analysis shows that prices are being crushed by sudden Bitcoin bullish rallies as the queen of cryptocurrency ETH tries to stabilize.

The cryptos price fell by almost seven percent across the last day’s trading session. The price fell from three supports at three hundred dollars ($300), two…

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EOS price data analysis prediction; EOS can get back in greens soon

EOS price data analysis prediction; EOS can get back in greens soon

EOS.IO (EOS) price data analysis prediction informs that the currency is recovering from the effects of the crypto-rush as, on June 30, its price reached highs of almost six and a half dollars ($6.4) however, the crypto’s price action is fluctuating widely and the price dropped to five and a half dollars ($5.56) on the very next day.

The price of the cryptocurrency has been increasing steadily…

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Bitcoin price prediction: here is how BTC can reach $80,000 in next round

Bitcoin price prediction: here is how BTC can reach $80,000 in next round

Bitcoin price predictions after the latest bullish runs sound a bit overwhelming, but one analyst believes that the BTC price can hit eighty-thousand dollars ($80,000) in the future.

In 2018, Bitcoin was stationed at three thousand one hundred and fifty ($3150) dollars and had since railroad the freight to over an increase of three hundred percent (300%).

Bitcoin (BTC) has currently dropped down…

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What would be the future of Bitcoin if Mark Carney heads IMF?

What would be the future of Bitcoin if Mark Carney heads IMF?

The cryptocurrency sphere is now wondering about the future of Bitcoin as France and Germany are rooting for, Mark Carney, the Governor of Bank of England to become the next head of the International Monetary Fund (IMF).

Carney is expected to join IMF as a replacement for Christine Lagarde, the former head of IMF and a staunch advocate of the cryptocurrency principles.

The report has been…

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All hail Bitcoin: the king of cryptocurrency up almost 99% against big banks

All hail Bitcoin: the king of cryptocurrency up almost 99% against big banks

Messari, gave out the report describing that the condition of leading banking institutions against the cryptocurrency giant Bitcoin (BTC) hasn’t been even cutting it close in its 9th July 2019 report.

Deutsche Bank manuscript reads a ninety-eight percent (98.9%) fall in the financial standings. The banking institutions are seeking to close the business because compared to Bitcoin, they’re not…

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Bitcoin lightning payment option available on Amazon & Uber through Fold

Bitcoin lightning payment option available on Amazon & Uber through Fold

Bitcoin and the blockchain community are continuing to expand in modern finance as they recover from the crypto winter. Now the technology has accomplished another important milestone as global brands like Uber and Amazon etc. have started accepting Bitcoin network payments.

Moreover, Cryptocurrency payment application Fold has also listed Bitcoin’s Lightning Network on it and now allows users to…

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Bitcoin Wallet manager's house was looted by angry investors

Bitcoin Wallet manager’s house was looted by angry investors

Yet again we hear reports about Bitcoin Wallet from Ladysmith, South Africa.

This time it looks like the victim was Mbhele himself, the alleged head of the Bitcoin Wallet Ponzi scheme in South Africa.

According to some reports from the city, several angry investors went to the manager’s house in order to demand their due payment on the 100% profit that they were promised.

Once they realized that…

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Iran just authorized crypto mining in the country

Iran just authorized crypto mining in the country

According to a recent announcement by the governor of the Central Bank of Iran, Abdul Nasser Hemmati, several crypto mining firms will be allowed to continue their mining operations only if they follow a set of established rules.

Hemmati mentioned that in order to have the “license” to mine cryptocurrencies in Iran, the miners will need to comply with the electricity prices based on exports and…

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Changpeng Zhao is bullish on altcoin season in 2019

Changpeng Zhao is bullish on altcoin season in 2019

The CEO of Binance, Changpeng Zhao has mentioned that 2019 may see an altcoin season never seen before on the market.

Mentioning the fact that the Bitcoin spikes this year have been much more stable than in 2017. By much more stable CZ most likely meant that the growth pattern is a lot more natural.

For example, in 2017 Bitcoin managed to surge from $1,000 valuation to almost $20,000 in just a…

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United States to reintrouce the "Safe Harbor" tax bill

United States to reintrouce the “Safe Harbor” tax bill

The “Safe Harbor” tax bill has been introduced yet again in the US Congress, by congressman Tom Emmer on July 3rd.

The bill is supposed to protect the taxpayer by providing comprehensive guidelines on cryptocurrency taxes in the long run. It is also designed for crypto holders who have their assets on blockchains with hard forks.

According to Emmer, the bill is designed to simplify tax laws for…

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Tether's account on Metropolitan bank was shut down due to inactivity

Tether’s account on Metropolitan bank was shut down due to inactivity

Tether used to have an account on the Metropolitan Commercial Bank for just 5 months, after which the bank decided it was time to close it due to inactivity.

Tether was not the only company that saw its account shut down as the bank also targeted some affiliated companies.

Tether’s Metropolitan account was supposed to be evidence in court when the New York Attorney General was challenging the…

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DOGE price analysis 10 July 2019; Dogecoin's growth is slowing down

DOGE price analysis 10 July 2019; Dogecoin’s growth is slowing down

Dogecoin managed to consolidate quite a lot because of the Binance listing, but all of the gains that the coin saw within that small time frame has all but disappeared.

The highest it managed to spike to was $0.0045 around three days ago, but now the price has corrected back to $0.0034 at press time.

Now though, the price has tanked even further due to the recent market fall. Almost no altcoin…

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Litecoin price analysis 10 July 2019; 10% drop within an hour?

Litecoin price analysis 10 July 2019; 10% drop within an hour?

It seems as the Bitcoin market dominance has started as nearly every single altcoin in the market has shredded as much as 1% within the last hour.

Litecoin was one of the biggest losers, in this case, losing as much as 14% of its price from $119 to be situated at $104 at press time.

At the moment it would seem like BTC consolidation and unchallenged market dominance should start but in reality,…

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Klaytn Blockchain offers lightning fast transactions: Insists Kakao

Klaytn Blockchain offers lightning fast transactions: Insists Kakao

South Korea’s upcoming mobile messaging app, Kakao, declares in recent press conference at Seoul that the company’s blockchain platform Klaytn is fifteen times faster than Ethereum’s, the open source blockchain platform for establishing decentralized applications.

GroundX, Kakao’s subsidiary, publicly announced that block mining with Klaytn is much faster and efficient than Ethereum. What…

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Flexa introduces Litecoin to its ever-increasing network of merchants

Flexa introduces Litecoin to its ever-increasing network of merchants

Flexa, an instant blockchain payment platform, is casting its net far and wide. The start-up has announced a new addition to its platform – Litecoins! Entering as the fifth cryptocurrency in its network, users can now transact using Litecoins in over thirty-nine thousand locations.

Litecoin gets a Flexa-boost

The New York based payment exchange platform has been spreading its wings ever since it…