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MELANIA Trump has launched her first-ever NFT to help kids in need.<\/p>\n
The former first lady<\/a> announced the release of the token on Wednesday, and revealed it is called “Melania\u2019s Vision”.<\/p>\n “I am proud to announce my new NFT endeavor, which embodies my passion for the arts, and will support my ongoing commitment to children through my Be Best initiative,” Melania<\/a> said in a statement. <\/p>\n “Through this new technology-based platform, we will provide children computer science skills, including programming and software development, to thrive after they age out of the foster community.”<\/p>\n Melania getting in on the latest crypto<\/a> craze came as Bitcoin<\/a> and Shiba Inu<\/a>‘s value increased in the early hours of Thursday morning. <\/p>\n As of 10:45am ET, Bitcoin was up more than 3 percent on CoinBase<\/a>. <\/p>\n At the same time, Shiba Inu was up 4 percent on CoinBase<\/a>.<\/p>\n Read our cryptocurrency live blog for the very latest news and updates…<\/em><\/strong><\/p>\n RIP Mr Goxx: ‘He fell asleep peacefully’<\/p>\n \u201cMr. Goxx showed no signs of serious illness, besides having some kidney issues as a cause of a professional mite treatment in his early days,\u201d the sad announcement continued.<\/p>\n \u201cWhile having normal amounts of food until Sunday, he then suddenly refused eating and fell asleep peacefully on Monday morning.\u201d<\/p>\n \u201cFor us humans behind Goxx Capital, the situation is hard to grasp and questions about a possible continuance of the project are not relevant to us at the moment (for now, we will leave everything as is),\u201d the statement added.<\/p>\n \u201cThank you and rest in peace, Max (a.k.a Mr. Goxx). You will be missed, and your memory will live forever on the blockchain.\u201d<\/p>\n<\/div>\n<\/div>\n<\/li>\n RIP Mr Goxx, the crypto-trading hamster<\/p>\n Sadly, Mr Goxx, the crypto-trading hamster, passed away on November 23.<\/p>\n The tragic news was shared on Mr Goxx\u2019s official\u00a0Twitter<\/a>\u00a0account.<\/p>\n \u201cWe feared this day like no other and are truly shocked for it to happen just now,\u201d Mr Goxx\u2019s Twitter account\u00a0tweeted on Wednesday.<\/p>\n \u201cIn deep sorrow, we have to announce the loss of our beloved furry friend.\u201d<\/p>\n The account continued: \u201cBeing with us as a pet for quite a while, he became famous out of nowhere. Mr. Goxx has brought joy to people all across the globe and reminded us not to take life too seriously.<\/p>\n \u201cHe shed light into dark moments of pandemic, inflation and many kinds of trouble.\u201d<\/p>\n We feared this day like no other and are truly shocked for it to happen just now.<\/p>\n In deep sorrow, we have to announce the loss of our beloved furry friend.<\/p>\n \u2014 Mr. Goxx (@mrgoxx) November 24, 2021<\/a><\/p><\/blockquote>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n Goxx’s creators<\/p>\n Speaking to the BBC, the two 30-something German men behind Mr Goxx the\u00a0crypto-trading hamster\u00a0<\/a>explained that the idea started as a joke.<\/p>\n \u201cWe felt that everything keeps getting more expensive these days and building savings is super-hard to achieve with high rents to pay,\u201d they said.<\/p>\n \u201cIt seems like most people from our generation see no other chance than throwing a lot of their savings on the crypto market, without having a clue what\u2019s going on there.<\/p>\n \u201cWe were joking about whether my\u00a0hamster would be able to make smarter investment decisions<\/a>\u00a0than we humans do.\u201d<\/p>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n Goxx’s ‘Decision tunnels’<\/p>\n The amount to be traded was determined when Goxx ran through one of two \u201cdecision tunnels\u201d.<\/p>\n Depending on which tunnel he ran through, the amount he would buy or sell in cryptocurrency changed in 20 euro increments.<\/p>\n All of the data was rigged to a computer that made the transactions in real-time on Goxx\u2019s behalf.<\/p>\n<\/div>\n<\/div>\n<\/li>\n Crypto-trading hamster, continued<\/p>\n The four-legged financial fiend was not completing transactions himself, of course.<\/p>\n Instead, Goxx\u2019s trading decisions were made inside a camera-rigged \u201coffice\u201d attached to his regular cage.<\/p>\n Every day, when he entered the office, a stream was started on Twitch and a tweet was sent out to his followers notifying them that trading had begun.<\/p>\n The hamster then ran on an \u201cintention wheel\u201d that chose one of 30 different cryptocurrencies to trade.<\/p>\n<\/div>\n<\/div>\n<\/li>\n Crypto-trading hamster outperformed market<\/p>\n A\u00a0hamster in Germany previously traded in cryptocurrencies<\/a>\u00a0and consistently outperformed the S&P 500.<\/p>\n The furry animal, called Mr Goxx, was busy working since June, thanks to a specially adapted cage.<\/p>\n He determined which currencies to buy or sell by running on his wheel or walking through one of two tunnels.<\/p>\n Mr Goxx started trading on June 12 this year.<\/p>\n The site states that the page is just for fun and does not offer financial advice.<\/p>\n<\/div>\n<\/div>\n<\/li>\n Bitcoin milestone, part two<\/p>\n Bitcoin<\/a>\u00a0was created in 2009 by an unknown computer whizz using the alias Satoshi Nakamoto.\u00a0<\/p>\n Data from Blockchain.com on Monday showed 18.9 million of the 20,999,999,9769 possible Bitcoins had been mined.<\/p>\n It\u2019s a milestone that took 12 years to reach.<\/p>\n Experts believe the last\u00a0Bitcoin<\/a>\u00a0will be mined in February 2140.<\/p>\n One Bitcoin is currently worth around $47,000.<\/p>\n Value could shoot up as the\u00a0coins become more scarce<\/a>, experts said.<\/p>\n<\/div>\n<\/div>\n<\/li>\n Less than 10 percent of Bitcoin left to mine<\/p>\n There is less than 10 percent of\u00a0Bitcoin left to mine<\/a>\u00a0as the cryptocurrency passed a major milestone on Monday.<\/p>\n Data from Blockchain.com showed 18.9 million out of a possible 21 million of the virtual coins have been mined.<\/p>\n Bitcoin<\/a>\u00a0is the world\u2019s first entirely virtual currency and new currency is created by mining, a complex online process that uses computer code.<\/p>\n It involves using a computer to solve a mathematical problem with a 64-digit solution to create new coins.<\/p>\n For each problem solved, one block of Bitcoin is processed. The miner that is first to solve the problem is rewarded with a new Bitcoin.<\/p>\n These new coins are then stored virtually through an online database called the blockchain.<\/p>\n The maximum amount of Bitcoin that can ever exist is 21 million.<\/p>\n<\/div>\n<\/div>\n<\/li>\n Risks of investing in cryptos, part five<\/p>\n Finally, the truth in\u00a0marketing materials<\/strong>\u00a0is a risk in investing in cryptos.<\/p>\n Firms may overstate the returns of products or understate the risks involved.<\/p>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n Risks of investing in cryptos, part four<\/p>\n Another risk of investing are the\u00a0charges and fees<\/strong>.<\/p>\n Consumers should consider the impact of fees and charges on their investment which may be more than those for regulated investment products.<\/p>\n<\/div>\n<\/div>\n<\/li>\n Risks of investing in cryptos, part three<\/p>\n A third risk of investing in\u00a0cryptocurrencies<\/a>\u00a0is\u00a0product complexity<\/strong>.<\/p>\n The complexity of some products and services relating to cryptoassets can make it hard for consumers to understand the risks.<\/p>\n There is no guarantee that cryptoassets can be converted back into cash.<\/p>\n Converting a cryptoasset back to cash depends on demand and supply existing in the market.<\/p>\n<\/div>\n<\/div>\n<\/li>\n Risks of investing in cryptos, part two<\/p>\n Another risk of investing is\u00a0price volatility<\/strong>.<\/p>\n Significant price volatility in crypto assets, combined with the inherent difficulties of valuing crypto assets reliably, places consumers at a high risk of losses.<\/p>\n<\/div>\n<\/div>\n<\/li>\n Risks of investing in cryptocurrencies<\/p>\n We rounded up five risks of investing in\u00a0cryptocurrencies<\/a>.<\/p>\n The first is\u00a0Consumer protection<\/strong>.<\/p>\n Some investments advertising high returns based on crypto assets may not be subject to regulation beyond anti-money laundering requirements.<\/p>\n<\/div>\n<\/div>\n<\/li>\n Will Shiba Inu\u2019s price rise?<\/p>\n For\u00a0Shiba<\/a>\u00a0in particular, there has been a fair share of volatility this year despite the recent surge.<\/p>\n Up until October 28, the token saw its last record high of $0.00003641 on May 11.<\/p>\n It\u2019s difficult to predict how Shiba Inu\u2019s price will change in the future because of a wide number of factors affecting it.<\/p>\n They include regulatory crackdowns around the world, comments by high-profile individuals such as\u00a0Elon Musk<\/a>, and other developments.<\/p>\n<\/div>\n<\/div>\n<\/li>\n Shiba Inu Coin, continued<\/p>\n Whether you\u2019ve already invested or not, keep in mind that making money through\u00a0cryptocurrencies<\/a>\u00a0or other investments is never guaranteed, even with a popular one like Shiba Inu.<\/p>\n Cryptocurrencies are especially volatile, so their values can crash with little to no notice.<\/p>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n What is Shiba Inu Coin?<\/p>\n Shiba Inu<\/a>\u00a0is a cryptocurrency token that allows users to hold trillions of them.<\/p>\n The tokens feature the same Shiba Inu dog as\u00a0Dogecoin<\/a>, which has risen massively in popularity recently.<\/p>\n<\/div>\n<\/div>\n<\/li>\n Major meme coins, part two<\/p>\n Another dog meme that has picked up traction this year has been\u00a0Saitama inu<\/a>, whose logo appears to feature a wolf surrounding a human face.<\/p>\n \u201cTokens like Shiba Inu, Dogecoin, and newest gainer Saitama are all a part of the evolution of digital finance in their own unique way,\u201d Chris Kline, chief operating officer and co-founder of Bitcoin IRA, recently told The Sun.<\/p>\n Separately,\u00a0Tiger King<\/a>\u00a0is a meme coin based on the popular Netflix series that picked up strong momentum.<\/p>\n<\/div>\n<\/div>\n<\/li>\n The major meme coins<\/p>\n The surge of the meme coins this year all started with\u00a0Dogecoin<\/a>.<\/p>\n That was then followed by\u00a0Shiba Inu<\/a>, which both feature the same dog breed in their logos.<\/p>\n The image became a popular internet meme called doge, and it features the dog surrounded by text in the comic sans font with words like \u201cmuch wow.\u201d<\/p>\n Both Shiba and Dogecoin have been popular dog meme coins this year.<\/p>\n<\/div>\n<\/div>\n<\/li>\n What are meme coins?<\/p>\n A\u00a0meme coin<\/a>\u00a0typically gains off a social media or an internet-based joke.<\/p>\n It all started with GameStop and AMC earlier this year, when a\u00a0Reddit mob trolled short-sellers by driving up the prices of those stocks<\/a>.<\/p>\n The memes then spread over to\u00a0cryptocurrencies<\/a>\u00a0\u2013 and there are now a few major ones today.<\/p>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n\n
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