Topic 0
Fitch lowers El Salvador’s rating due to Bitcoin adoption
El Salvador faces another whipping from a traditional finance firm for its “forbidden” love for Bitcoin (BTC). Apart from these, the statistical rating organization explained that reliance on short-term debt, an $800-million Eurobond payment due in January 2023, and a high fiscal deficit get in the way of a better rating for the country. Additionally, El Salvador’s increased short-term debt is perceived by Fitch to cripple the government’s ability to pay its overall debts, which expands the risks of a roll-over.
Article source cointelegraph
McDonalds files trademarks for McMetaverse restaurants… that deliver
Iconic American restaurant chain McDonald’s looks like it is preparing to make a move into the metaverse by registering for 10 trademarks in the virtual space. The brand would be ready to offer entertainment services “namely, providing on-line actual and virtual concerts and other virtual events.”
Article source cointelegraph
What Factors Are Driving The Bitcoin Remittance Revolution In Africa? These Ones
The Bitcoin remittance business is blowing up all over the world. Related Reading | Is Largely Unbanked Africa Primed for Bitcoin Adoption? One of those opportunities is remittance fueled by Africa’s growing ~mobile~ population. It’s a concept already entrenched in the culture: “Africa is the global leader in mobile money usage. The figure will be even higher because of mobile phone sharing culture.” To bypass these restrictive policies by the central bank, a growing number of Zimbabweans prefer bitcoin remittances to fiat money.” For example: “The Guinean franc is one of the world’s weakest currencies as we launch into 2022. The Nigerian naira has lost more than 50% of its value since 2015. And in Africa, the story repeats itself: “A study by the World Bank shows that transfer fees to Sub-Saharan Africa, the poorest region in the world, are the highest in the entire world. According to BTrust’s Abubakar Nur Khalil, in a recent article for Bitcoin Magazine: “Africa is home to more than a thousand indigenous languages, with non-English speaking countries. Meet one of the board members of Jay-Z’s and Jack Dorsey’s blind Bitcoin trust: Recursive Capital CEO Abubakar Nur Khalil in Nigeria.
Article source newsbtc
Bitcoin Whales Wreck Bears, This Is What Happened Last Time They Were Active
While whale activity is normal and to be expected, the rate at which they purchase and accumulate coins can point to further movement in the market. These whales who hold at least 1,000 BTC on their balances have taken purchasing bitcoin at a rapid rate. https://t.co/RdVAg9FcP7 pic.twitter.com/gL1nJ18hyA — Santiment (@santimentfeed) February 8, 2022 What Happened The Last Time Whales Accumulated? Related Reading | XRP Price Surges – Is Ripple Winning The Fight Against SEC? Now, this was a pivotal time for the subsequent bull rally as it had begun in the next year. Although only a break above $46,000 would signal that the bull has effectively been triggered.
Article source newsbtc
Ricardo Salinas Pliego Hints at Elektra Group Selling Bitcoin in Its Stores
Ricardo Salinas Pliego Hints at Elektra Group Selling Bitcoin in Its Stores Ricardo Salinas Pliego, president of the Salinas Group, owner of the Elektra Group stores, hinted at the possibility of the shops selling bitcoin. The executive stated that due to the regulations of the Central Bank of Mexico, his company cannot implement cryptocurrency integration in the Azteca Bank app. However, he did point out that Elektra could sell bitcoin as it is a commercial institution. Neither the company nor the author is 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 this article.
Article source news.bitcoin
An In-Depth Look at the Couple Accused of Laundering 94,636 Bitcoin From the 2016 Bitfinex Hack
An In-Depth Look at the Couple Accused of Laundering 94,636 Bitcoin From the 2016 Bitfinex Hack On Tuesday, the U.S. Department of Justice (DOJ) arrested two individuals that are accused of an “alleged conspiracy to launder” 94,636 bitcoins stolen from Bitfinex in 2016. Instead of following through with the haircut plan, Bitfinex introduced “recovery rights tokens,” in order to make amends with the customers who lost funds. On June 11, 2020, hackers moved stolen Bitfinex coins, as they transferred 416 bitcoin to an unknown address. About a week later, the thieves moved 2,500 bitcoins and in October 2020, the hackers transferred 2,034 BTC to unknown wallets. Lichtenstein’s wife Heather Rhiannon Morgan was also not shy and was a contributor at Forbes, and wrote articles about things like cybercriminals. The duo’s marriage is fairly recent as well, as Morgan and Lichtenstein got married in November 2021. In addition to working for a “stealth security startup,” Lichtenstein was an angel investor at Demandpath. While no one knows right now how Lichtenstein and Morgan first got involved with the Bitfinex hack bitcoins, the public is well aware that the duo did not hide or attempt to keep themselves secretive. Currently, the couple remains in prison because court prosecutors say the duo “presents a serious risk of flight.” Let us know what you think about this subject in the comments section below. Neither the company nor the author is 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 this article.
Article source news.bitcoin
Crypto Whale Transfers 2,011 Bitcoin to Coinbase
While most of the crypto exchange activity in the past week resulted in major Bitcoin outflows from exchanges, a surprising move including the transfer of 2,011 BTC was observed on 9 February. One of the signature features of blockchain is that it is maintained across more than one computer. The purpose of blockchain was originally to serve as the public transaction ledger of Bitcoin, the world’s first cryptocurrency. In particular, bundles of transaction data, called “blocks”, are added to the ledger in a chronological fashion, forming a “chain.” These blocks include things like date, time, dollar amount, and (in some cases) the public addresses of the sender and the receiver. The computers responsible for upholding a blockchain network are called “nodes.” By storing data via a peer-to-peer network (P2P), blockchain controls for a wide range of risks that are traditionally inherent with data being held centrally. Of note, P2P blockchain networks lack centralized points of vulnerability. Looking ahead, blockchain technology is an area of extensive research across multiple industries, including financial services and payments, among others. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing. Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq.
Article source financemagnates
AssangeDAO Turns Out to Be Scam, But Only BSC One
The widely known AssangeDAO was created in order to support Wikileaks creator Julian Assange and attracted $39 million in a matter of days, which created a demand for scammy projects designed to confuse users who were willing to help the organization. It has come to our attention that there is a fake #MEME token. Scams are filling the industry Previously, the same company that discovered the scam behind the DAO released a list of 50 tokens that have some kind of vulnerabilities in their contracts that allow their developers to steal or receive access to users’ funds.
Article source u.today
Former Domino’s Pizza President Joined FriesDAO Advisory Board
FriesDAO – a decentralized autonomous organization that was designed to democratize access to the fast food industry – has announced the addition of Kory Spiroff, former president of Domino’s Pizza, to the advisory board. Thirteen years after becoming a franchisee, he moved to Europe to become Domino’s Vice President of EMEA, which allowed him to shape the company’s strategy for the European market.
Article source u.today
Russia to recognize Bitcoin as currency
According to a local news report, the controversy around the status of cryptocurrency in Russia is about to come to an end. Going further, the report stated that with such classification, the use of crypto would be limited to the legal sector. Earlier this year, the Bank called for a blanket ban on Cryptocurrencies, citing several reasons why such is necessary. Russians hold up to 2 trillion rubles in crypto-assets, and there’s a general and growing awareness around crypto in the country. CryptoSlate Newsletter Featuring a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more.
Article source cryptoslate
Solving Over-Collateralization is the Key to Unlocking DeFi’s Potential
The sheer pace of growth in DeFi over the last two years has been staggering. According to DeFiLlama, in January 2020, the total value locked was under $1 billion but had reached $20 billion by January 2021 and hit $200 billion before the year was out. It’s estimated that there are around 1.7 billion such people who don’t have a bank account and can’t access credit. In principle, DeFi may be open and democratic, but in practice, it’s evolved to have many similar barriers to the traditional financial system. So the DeFi markets have evolved to include a safety mechanism – over-collateralization. It introduces an element of trust for lenders, as a borrower has to prove that they have deposited more than the loan’s value to be able to borrow. To overcome the trust challenge, Primex introduces a dynamic risk profiling protocol enabling undercollateralized DeFi lending across DEXes.
Article source coincheckup
Eqonex unveils Bitcoin dated futures with physical settlement
Eqonex, a digital asset financial services company listed at NASDAQ, has announced the launch of a new Bitcoin (BTC) investment product. The platform also added that the Eqonex BTC dated futures contract will expire at 08.00 UTC on the last Friday of the expiry month. Therefore, Eqonex was getting rid of barriers to entry by offering a regulated crypto platform and integrating institutional-grade products with customers. The board also added that it engaged in strategic talks with third parties on mergers and takeover options. Andrew’s focus in the short-term will be on operational execution, ensuring Eqonex delivers on existing plans and maximizes current opportunities.”
Article source insidebitcoins
El Salvador to Elevate Bitcoin Status by Issuing Bonds
El Salvador is planning to issue its first bitcoin bond next month, the Central American country’s Finance Minister Alejandro Zelaya announced. Zelaya elaborated that El Salvador is working to have the bond “totally ready” for issuance between March 15 and March 20 as a means to strengthen the country’s economy. News, the IMF expressed concern about risks related to El Salvador’s issuance of bitcoin-backed bonds.
Article source Blockchain.News
JPMorgan Pegs Bitcoin ‘Fair Value’ at $38,000, despite $44K on the Horizon
Analysts from American multinational investment bank, JPMorgan Chase & Co have placed the “Fair Value” of Bitcoin (BTC), the world’s first cryptocurrency at $38,000. The projection of the fair value of the premier digital currency came despite the current price of BTC trading more than 10% from the set price, however, the analysts, led by Nikolaos Panigirtzoglou, ascertained that the fair value was estimated based on the extreme volatility of the digital asset which they say is about four times as high as that of Gold.
Article source Blockchain.News
Enjoy the Most Rewarding Experience with BIG 5 on 1xBit
This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission – but the prices do not change for you! 🙂 Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money.
Article source cryptoticker.io
Russia Will Approve Bitcoin as Legal Currency
The bill to legalize and regulate the circulation of Bitcoin and other digital currencies in the Russian Federation will be approved before February 18, the Kommersant news agency reported this week. The joint proposal of the government and the Central Bank of Russia establishes the recognition of BTC and cryptocurrencies as currencies and not as digital financial assets.
Article source dailycoin
Topic 1
Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March
Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March A former Bank of Thailand director has warned about an imminent crypto crash. “ Former Central Bank Director Warns Crypto Market Will Soon Crash Former Bank of Thailand (BOT) Director Anusorn Thammajai reportedly warned that the cryptocurrency market will crash in a couple of months, the Nation reported Sunday. In addition, Thammajai stressed that he supports the Thai government’s plans to tax crypto transactions and tighten the regulation of cryptocurrencies. Neither the company nor the author is 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 this article.
Article source news.bitcoin
i2c Teams Up with Wirex, Expands Prepaid Crypto Card to the US
Digital payment and banking technology provider, i2c yesterday announced a partnership with Wirex, a prominent borderless cryptocurrency and fiat payment company, for the expansion of its prepaid multi-currency debit card in the US market. ADVERTISEMENT Recently, Wirex launched its prepaid crypto-enabled payment cards in the EU region. “Wirex’s hybrid payments alternative integrates blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins. One of the signature features of blockchain is that it is maintained across more than one computer. The Evolution of BlockchainBlockchain was originally invented by an individual or group of people under the name of Satoshi Nakamoto in 2008. In particular, bundles of transaction data, called “blocks”, are added to the ledger in a chronological fashion, forming a “chain.” These nodes carry out the duties necessary to confirm the transactions and add them to the ledger. In exchange for their work, the nodes receive rewards in the form of crypto tokens. Consequently, hackers cannot exploit these networks via normalized means nor does the network possess a central failure point. Looking ahead, blockchain technology is an area of extensive research across multiple industries, including financial services and payments, among others. In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times. With i2c, we’re able to redefine payments and travel for cardholders around the world,” Matveev said.
Article source financemagnates
Super Bowl crypto ads will mark a defining moment for the industry
Prominent crypto exchanges plan to woo Super Bowl viewers by paying millions to air adverts this coming Sunday. FTX co-founder Sam Bankman-Fried remains optimistic that the recent hiccup won’t put off the general public. While significantly less than the 2008 Olympics, the Super Bowl is easily the biggest sporting and television event in the U.S. Especially as the 111 million audience figure is assumed to be under-reported. Many people go to bars and restaurants to watch The Big Game. “This moment, with these companies buying ads in the Super Bowl caps off what has been a long run-up for the cryptocurrency sector, in terms of its mainstream recognition and acceptance.” CryptoSlate Newsletter Featuring a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more.
Article source cryptoslate
Tennessee Representative Introduces Bill To Allow Crypto On State Balance Sheets
Never mind making Bitcoin legal tender, a Tennessee representative has introduced a bill to allow the state to invest in cryptocurrency assets. Just last month, Arizona state senator introduced a bill to make Bitcoin legal tender and the next potential governor of Texas said the state will “lead the world in leveraging blockchain technology”. Anyways, all jokes aside, the FOMO is no longer restricted to retail investors, governments across the World are not worried about regulation and “consumer protection”, and are now more concerned with filling their own bags.
Article source cryptosrus
CFI Launches 250+ Game-Changing Crypto Products
CFI Financial Group, an award-winning and globally regulated trading provider enabling next-generation access to the global financial markets, launches 250+ revolutionary crypto products on MetaTrader 5. Aside from the uniqueness of the product, we are offering it in the form of a 2-in-1 package where clients can trade with leverage or no leverage and on some of the most competitive trading conditions out there alongside the top-tier service that CFI is known for.
Article source dailycoin
Topic 2
UN approves NFT standards initiative led by Tencent
Chinese entertainment conglomerate Tencent has been approved by the United Nations to lead a project exploring the creation of a standard technical and security framework for non-fungible tokens (NFTs) . Related: China aims to separate NFTs from crypto via new blockchain infrastructure In China NFTs are often referred to as “digital collectibles” in order to avoid criticism from the anti-crypto media and government.
Article source cointelegraph
Nifty News: Land grab in the Shiberse, floor prices fall, NFT house sale and more…
The team behind one of the top memecoin projects Shiba Inu (SHIB) is rolling out tokenized real estate dubbed “Shiba Lands” as part of its upcoming metaverse project. NFT floor prices in the basement The NFT market has faced a notable pullback this week, with the floor prices of a long list of top projects seeing losses of around 10%. The game enables players to collect and earn tokenized cards from battling each other, then trade the cards via its marketplace. Horizon Blockchain Games Co-founder and CEO Peter Kieltyka said the firm has been working on making the game as user friendly as possible: “We’ve been crafting Skyweaver for the past four years, fine-tuning the mechanics and user experience to ensure everyone can enjoy — while maintaining the purity of Web3. The winner of the NFT auction will receive a tokenized deed to the property along with the physical property in “meatspace” or the real world. Speaking with the Tampa Bay Times on Feb.9, Alessandra stated that she was conducting the property sale via NFT as proof of concept for how the real estate industry could adopt the technology: “This is a real tangible, real-world application of that technology.
Article source cointelegraph
NFT prices misfire as OpenSea daily active user volume drops 30% in a week
While it seems OpenSea is keeping pace with January’s total volume of $5 billion by generating over $1.3 billion in total volume the last 7 days, the number of active users has decreased by more than 30% according to data from Dune Analytics. Source: Dune Analytics The closest rival to the market-place is LooksRare has generated approximately $3.49 billion in the last 7 days, but persistent issues of wash-trading have also decreased its active trader count by 3%. MNTHL’s current floor price is nearly 5 Ether and has been wavering a bit as collectors have received notice that the Nike-marked NFT will not reveal itself until it is triggered. Quest and clues will be given weekly, if you, RTFKT community, achieves those missions, the MNLTH will react — RTFKT Studios (@RTFKTstudios) February 7, 2022 Between the MNLTH and Loot Pod NFTs, holders were essentially dropped at least 6 Ether ($18,500) at the current floor of each NFT. OpenSea has clearly closed out a record breaking start to the new year, but are these types of gains sustainable when the market is seeing a drastic cut in active traders and daily volume? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
Article source cointelegraph
Puerto Rican Treasury Department Aims to Tax NFT Sales
Puerto Rican Treasury Department Aims to Tax NFT Sales The Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. Puerto Rico May Soon Tax NFT Sales The Department of Treasury of Puerto Rico has its eyes on NFT sales. This new amendment would include NFTs as part of the Specific Digital Products group. Juan Pedreira, a tech analyst, also stated that the question remains how the treasury will audit the sale of these assets. Neither the company nor the author is 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 this article.
Article source news.bitcoin
This popular Japanese game is about to auction its first NFT
GensoKishi Online “META WORLD,” a new GameFi version of the iconic game Elemental Knights, recently announced its first NFT auction. 🔥💥⚡️ Our first EVER NFT Auction😇 Click below to bid:https://t.co/0KA1NnG2Hv pic.twitter.com/IX9VYg2eNq — GensoMeta (@genso_meta) February 7, 2022 Among those, Legendary Cosplay NFTs are particularly sought after due to their uniqueness. “Cosplay” in GensoKishi represents one of the game’s key features–introducing a creative twist to the role play concept. “By combining these Cosplays that each have their unique skills, you can build your own character that fits your style and liking. After the record-breaking IGO on TrustPad, MV token was listed on ByBit, followed by Quickswap and Uniswap. Finally, those who have staked more than 10,000 MVs will participate in a surprise NFT drop.
Article source cryptoslate
We The People Arrives With Exciting NFT Digital-Art Drop
By Hellen Advertisement Advertise with us Saturday, February 5, 2022 – The founders ofWe The People, an ultra-utility-driven NFT project, have two aims they seek to bridge – mixing the creative value of NFTs to produce an asset that has REAL value, and healthy market stimulation. They are now seeking to set the metaverse alight with land acquisition, governance, and community, designed, built and run by the people. Retrieved February 5, 2022, from https://www.wethepeoplenft.io/ GOVERNMENT COMES TO THE METAVERSE and “WE THE PEOPLE” ARE HERE FOR IT. (
Article source coindoo
Does NFT Hurt Small—Time Artists? AJ Dimarucot says ‘It’s the Opposite of it!’
Share some Bitpinas love: By Nath Cajuday “Napakasarap maging artist ngayon, kasi whether you’re small, whether you’re from the deepest corner of the Philippines, as long as you have internet, you can spread it out to the world. Any type of technology where you can showcase your work to the world, and to actually put a value on a piece of work and say, ‘Okay, I can attach a value there that can pay you to receive this NFT,’. I will never see it as something that hurts small artists, in fact, it’s the opposite. A tad shy of 1 Eth to 13 first-time minters from the Philippines–for our First Mint Fund Minting Party led by @cryptoartph @ajdimarucot @AriasJopet @motioneer_ Took 4 hours but all worth it! Pero ‘yung mga grassroots na nangyayari sa Filipino community na sobrang empowered ngayon ay ‘yung mga emerging artists, we are learning together using this technology kung paano pa natin mapupush ‘yung boundaries ng tinatawag nating ‘art,’” Jopet ended. Moreover, Dimarucot also shared the story of NFT artist Sevi, one of the recipients of First Mint Fund. “To me, it NFT is just an opportunity for everybody, kahit maliit ka or malaki. Buenaventura explained the question “Does NFT Hurt Small Time Artists?”
Article source bitpinas
Topic 3
Tech troubles as Samsung debuts Galaxy S22 phones at Metaverse event
Samsung has unveiled its new range of Galaxy S22 premium smartphones at its virtual Samsung 837X space in the Decentraland metaverse. The South Korean multinational electronics company showcased the new Galaxy S22, Galaxy S22 Plus and Samsung Galaxy S22 Ultra on a screen in the Samsung 837X space’s “Connectivity Theatre.” However, technical issues plagued the feature, with many people taking to Samsung’s Twitter to complain. I’ve seen them being minted so I know it’s not totally broken. One user in attendance at the event, “CheddarQueen,” told Cointelegraph that they enjoyed the “sustainability aspect” of the event: “Many people say the metaverse disconnects us from the natural world, but this challenge proves just the opposite.”
Article source cointelegraph
Is the Future of Real Estate in the Metaverse?
Although the metaverse is not a new concept, it has recently gained much more attention. According to an official announcement, rebranding was necessary because the company is shifting its focus to bring the metaverse to life. A significant advantage of these capabilities for the average company is that opening a physical store is no longer necessary. Additionally, people can gather for leisure activities in virtual parks to play or bond over shared interests and ideas. All metaverse offerings, including commerce, healthcare, entertainment, and other sectors, must set up shop somewhere in the metaverse to reach their desired base. Investors are able to pick their property at floor price in a strategic approach that will allow the potential for a larger profit as well as an easier sale just as investors do in the traditional real estate setting. Ethereum Towers Ethereum Towers is a community-centric vertical megastructure set in the Ethereum Worlds metaverse. The apartments in the structure are in two identical towers, each with 101 stories. Each apartment is an NFT on the Ethereum network and is available as an ERC-721 token. For this, the Ethereum Towers offers a marketplace with a wide range of accessories, furnishings, and ornaments that owners can purchase and set as preferred.
Article source newsbtc
Gucci Opens Shop in the Metaverse via Sandbox, Here’s What It Sells: Details
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. As shared by The Sandbox, Gucci vault, an “online concept store,” is building its virtual world on The Sandbox Game.
Article source u.today
McDonald’s is planning to enter the metaverse with virtual restaurant
The renowned American food company McDonald’s appears to be prepared to move into the metaverse by filing for ten trademarks in the virtual area. “#Mcdonalds #Metaverse pic.twitter.com/J9pK7EK9nl — Josh Gerben (@JoshGerben) February 9, 2022 McDonald’s also included its McCafe brand in the Metaverse trademark application. They are seeking to trademark their downloadable, virtual food and beverage products “for usage in virtual worlds,” as well as NFTs and the ability to purchase genuine things in the virtual world and have them delivered. Jonathan Maze, editor in chief at the Restaurant Business magazine, said, “So wouldn’t this suggest they’re just protecting their trademarks on the metaverse?”
Article source tronweekly
Top 5 Metaverse Crypto Coins Below $3 to Watch in 2022
Metaverse crypto coins with low unit prices are among the most popular options for new traders. Wold Digital World is a leader in 16k 3D scanning tech used by industry giants like CD Project RED, the developers of Cyberpunk 2077. WAX (WAXP) – $0.36 Launched in December 2017, WAX is the leading blockchain for Metaverse crypto coins. WAX is a must-watch in 2022 due to its high popularity for Metaverse projects and ease of use for new users. You can purchase WAXP on most major exchanges like KuCoin, Binance, Bittrex, Gate.io, and more. You can also purchase WAXP via credit card on the WAX Cloud Wallet. In addition, Phantasma features smart NFTs, which unlock unlimited possibilities for developers to integrate nonfungible assets into their dApps. Aavegotchi (GHST) – $2.08 Initially launched in February 2021, Aavegotchi is an NFT-based Metavberse crypto coin based around cute pixelated ghosts called Aavegotchis. Moreover, GHST allows holders to govern the future of Aavegotchi via their DAO and receive rewards for staking their tokens. Follow us on Twitter @nulltxnews to stay updated with the latest Metaverse news!
Article source nulltx
Topic 4
JPMorgan Increases Long-Term Bitcoin Price Prediction to $150,000
According to JPMorgan Chase strategists led by Nikolaos Panigirtzoglou, Bitcoin’s “fair value” should be 12% lower than its actual price. If this volatility narrowed to three times, the fair value price would increase to around $50,000, stated the strategists who wrote: “The biggest challenge for Bitcoin going forward is its volatility and the boom and bust cycles that hinder further institutional adoption,” Predicting Bitcoin Prices A more interesting observation from the letter to investors this week is that JPMorgan has increased its long-term price prediction for BTC. They did not provide a definition or time scale of “long term,” however. However, if the bears regain control, BTC could fall back to support at $41.5K. Bitcoin is currently trading down 36.7% from its Nov. 10 all-time high of $69K.
Article source cryptopotato
XRP Price Primed to Break Upwards, Is a New ATH in 2022 Pre-Programmed?
With a strong flip the asset appear primed to hit new highs anytime before the end of 2022 XRP price is attempting to record one of the most profitable week after a pretty long time and hence attempting hard to reverse the trend A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task. However, XRP price seemed to be less impacted as it failed to rally beyond $1.4 levels. Yet with the beginning of the new yearly trade, the price is expected to build up strong bullish momentum that may ignite the rally toward the new ATH.
Article source coinpedia.org
LBank Adds Chainlink Price Feeds for Secure Perpetual Futures Prices
Advertisement We’re pleased to announce that Chainlink Price Feeds have been incorporated into the LBank Exchange, a world-class digital asset trading platform. LBank Exchange will have access to high-quality, tamper-proof price feeds needed to ensure secure perpetual futures trading on the platform by integrating the industry-leading decentralized oracle network. When the market is particularly volatile, however, because leading exchanges tend to reference each other in terms of prices, there is a risk that these prices will lose their trustworthiness. A volume-weighted average of all trading settings should be used to determine fair market asset values. Following research of several oracle solutions, LBank Exchange chose to incorporate Chainlink Price Feeds because they offer a number of important characteristics, including: Advertisement High-Quality Data — Chainlink Price Feeds obtain data from a number of premium data aggregators, resulting in price data from hundreds of exchanges that has been weighted by volume and free of outliers and wash trading.
Article source zycrypto
XDC Price Prediction 2022: Market Analysis and Opinions
XinFin Digital Contract (XDC) is the computerized resource that powers the XDC hybrid blockchain network. The XDC token acts as a settlement instrument for decentralized applications (dApps) built on The XDC Network. The market cap of the XDC network is estimated at a whopping $794,112,774, which can be fully diluted to around $2,430,781,882. The rush to build the platform to support global trade and finance is on, and the XDC network is pumped-up to be the best. Next, XDC seemed to form a makeshift support level of $0.0774. In this section, we’ll analyze every XDC prediction out there to find the median forecast. If this hurdle breaks, it will signal a decisive shift in the battle for a bullish XDC price forecast for the rest of the year, which is likely to reach $0.14. Moreover, this XDC price prediction suggests XDC could close above a crucial hurdle before the end of the year at $0.1242. The XDC price forecast for the rest of the year could reach $0.1672. XDC Price Prediction: Cryptocurrency Experts and Influencers The Cryptocurrency Trading community on Reddit is eying an ascent unlike any other on a contingent of good price action patterns that could see XDC at $0.0987 by January. This news goes to confirm XDC’s standing within the community as a startup founded in 2017 to offer scalable, secure enterprise-grade blockchain solutions. The network has been tested and had its fair share of successes, which have labeled it as a model system for other startups going into the foray of designed enterprise-focused blockchain solutions. XDC offers security for highly regulated industries and storage for commercially sensitive data. In 2018, the network was granted a Sandbox license to live-test TradeFinex Platform by the Abu Dhabi Global Markets (ADGM). Earlier in 2021, XDC fashioned itself to be a leading token in the Corda Network following the utilization of the DASL Crypto Bridge by LAB577. XDC Price Prediction: Verdict This XDC price prediction is bullish on a long-term time frame.
Article source coindoo
Topic 5
TA: Ethereum Gearing For Another Lift-Off to $3.5K: Rally Isn’t Over Yet
Ethereum climbed to a new weekly high above $3,250 against the US Dollar. Ethereum started a downside correction after it spiked above the $3,250 level. There is a major bullish trend line forming with support near $3,150 on the hourly chart of ETH/USD (data feed via Kraken). An initial support on the downside is near the $3,150 level and the trend line zone. Major Support Level – $3,150 Major Resistance Level – $3,250
Article source newsbtc
ETH Price May Surge Above $3.5k In Next 48 Hours! Ethereum Breakout of Accumulation!
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. Any reversal below the moving averages will almost certainly welcome the bears back into the market, as the price will likely test the important supports of $2500, $2300, and $2100. Cowen claims that the price range between $2,000 and $4,000 is one major reaccumulation zone for Ethereum on its route to higher prices in a fresh strategy session.
Article source coinpedia.org
Ethereum Classic gained another 6% in the last 24 h: where to buy Ethereum Classic
Ethereum Classic, created as a hard fork of Ethereum, has been gaining value steadily since the last week of January 2022. CySEC license number (#250/14) Buy ETC with Plus500 today Disclaimer eToro eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. Since its launch, the legacy network has gained a wider fan base, which includes Grayscale CEO Barry Silbert. Digital Coin is slightly less bullish, predicting the ETC price will average $45 this year and go up to $72 in 2025.
Article source coinjournal.net
Massive Outflows and Burnt Ether Stimulate Ethereum Scarcity to Continue
Since the London Hardfork or EIP-1559 upgrade went live in August 2021, the supply of Ethereum continues to be depleted based on the burning mechanism incorporated. The scarcity on the Ethereum (ETH) network continues going through the roof based on massive outflows from crypto exchanges. Source: Kaiko Derivatives “Ethereum’s daily options trade volume broke all-time highs above $1.1 billion at the end of January and equalled Bitcoin’s for the first time last week,” according to crypto insight provider unfolded.
Article source Blockchain.News
Topic 6
Central Bank of Ireland nixes crypto funds: Too difficult ‘for a retail investor’
The Central Bank of Ireland has stated that it is unlikely to approve investment funds for retail crypto investors because they lack the know-how to navigate the high-risk asset class. Related: US lawmaker pushes for state-level regulations on stablecoins at hearing on digital assets Regulatory attitudes to crypto in the nearby U.K. aren’t much more favorable with Her Majesty’s Revenue and Customs (HMRC) laying out strict new guidelines for DeFi taxation recently.
Article source cointelegraph
NFTGo.io Raises $6.75M Pre-series a Funding Seed to Scale Its Business Growth
NFTGo.io, a major data aggregator platform for the NFT, Web3 and gaming communities, announced on Tuesday that it has raised $6.75 million in a pre-series funding round Funding Round Startups look to raise capital can participate in a funding round. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business in question. Common factors that analysts use for valuations include market size, risk, management, and historical transparency. Used by startups to finance the beginning stages of its business, some proceeds of seed funding may go towards product development and market research. Companies that emerge out of the seed funding round that has gone on to prove its ability to build a consumer base while generating a regularly occurring revenue can participate in Series A Fundraising. Typical investors include investment banks, private equity firms, and hedge funds. For many investors, monitoring how a startup goes through funding rounds is a tactical strategy for securing high-probability investments. Now that the firm has accumulated a massive amount of funds under its belt, Lowes, the Founder and CEO of NFTGo.io, highlighted what the company strives to offer in the business world: “NFTGo aims to build a gateway to the NFT ecosystem. It is a basic characteristic of every financial asset – be it a currency, stock, bond, commodity or real estate. Foreign exchange is considered to be the most liquid asset class. The main characteristic of liquidity is its depth, which will determine how quickly and how big of an order can be executed via the trading platform. Companies which are large enough and have material client flows consistently are creating their own liquidity pools from the order flow of their clients, thereby internalizing flows and saving on costs to send customer orders to the interbank market. By doing that however they are exposing themselves to carry the risk on the trade.
Article source financemagnates
Digital Power Optimization Raises $2.5M in Funding Round Led by NYDIG
Digital Power Optimization Inc, a major energy services provider, announced on Wednesday that it has raised $2.5 million in a Series A funding round led by NYDIG bitcoin company. As a digital currency or cryptocurrency, Bitcoin operates without a central bank or single administrator. Instead, Bitcoin can be sent via a Peer-to-Peer (P2P) networking, devoid of intermediaries. In exchange for mining, the computers receive rewards in the form of new Bitcoins. Presently, each new block adds 12.5 bitcoins into circulation. Bitcoin’s popularity has contributed significantly to the release of thousands of other cryptocurrencies, called “altcoins.” Given its mercurial nature, Bitcoin has been criticized for its use in illegal transactions and money laundering. The crypto has weathered multiple collapses and survived over a decade so far. For every crypto transaction conducted, a crypto miner is in charge of authenticating the information which, if approved, is then updated in the blockchain. Currently, the most popular cryptocurrencies being mined are Bitcoin, Litecoin, Ethereum Classic, Monero, and DASH. How is Cryptocurrency Mined?The process of crypto mining itself involves the solving of complex mathematical equations through the application of cryptographic hash functions. Crypto mining is competitive, tedious, and generally requires that miners possess advanced computers with specialized hardware, increased processing power, and an unwavering internet connection. Most cryptocurrency miners generate no than a couple of dollars per day. Once acquired, crypto miners must ensure that they have a constant internet connection, have a means to cool-off hardware, possess a legitimate cryptocurrency mining software. Miners also often require membership with both online mining pools and cryptocurrency exchanges. Cryptocurrency mining is defined as the process through which the transactions of a digital currency are authenticated then published to blockchain. In the end, this partnership makes it easier for DPO to do its job of bringing the flexibility and advantages of bitcoin mining directly to the energy sector as a much-needed aid in the management of power grids and the clean energy transition.”
Article source financemagnates
North Korea refutes claims that it stole crypto to fund missile program
The United Nations recently released a report saying North Korea had hacked into cryptocurrency exchanges and stolen $50 million worth of digital assets. The ministry published a response on its website saying that the US was falsely accusing it of theft. Earlier this week, the UN issued a report saying North Korea had stolen millions of dollars worth of cryptocurrency to fund its missile programme.
Article source insidebitcoins
Canadian Crypto Platform Newton Raises $20M in Series B funding at $200M Valuation
Newton, Canada’s leading cryptocurrency exchange, has raised $20 million in Series B funding, valuing around $200 million. Drie Urbanky, President and Chief Operating Officer of CI Financial, said cryptocurrencies and blockchain are changing the world of finance and want to provide customers with access to this category.
Article source Blockchain.News
Topic 7
CryptoCom Becomes The Official Partner Of The Formula 1 Miami Grand Prix
Crypto.com has made a new move in its aggressive sports marketing campaign, partnering once again with Formula 1 to become the official title partner of the new Formula 1 Crypto.com Miami Grand Prix. https://t.co/uOOqNqThNT@f1miami #CryptoF1 pic.twitter.com/W96S9EWxxn — Crypto.com (@cryptocom) February 9, 2022 Crypto.com will have the right to incorporate its logo into the Miami International Autodrome facility, in addition to being able to integrate its branding into the event logo itself. This is a special place in the center of the Hard Rock Stadium, where a series of activities will take place outside of the Grand Prix itself.
Article source cryptopotato
Concordium Blockchain Officially Launches Its CCD Token On Bitfinex and BitGlobal
Zug, Switzerland, 10th February, 2022, Chainwire Concordium , a public, proof-of-stake blockchain with a built-in identification layer to meet the regulatory requirements, is thrilled to announce the official listing of its native CCD token on Bitfinex and BitGlobal, two leading crypto exchanges. Bitfinex is the first exchange where users can trade the CCD token, beginning at 10:00 AM CET on February 10, 2022. In the near future, Concordium intends on bringing CCD to more exchanges thereby increasing the liquidity of the CCD and enabling wider utilization of the CCD. Concordium differs by offering nearly instantaneous, real finality with low transaction fees, stable in FIAT terms, expressed in CCD, its native token.
Article source coincheckup
Concordium’s CCD Token Lists on Bitfinex and BitGlobal, Sees Market Expansion
Concordium offers a seamless and secure way of transacting payments. In detail, traders and investors on Bitfinex and BitGlobal can trade CCD against BTC, ETH and USDT. Initially, the token can only be transacted under the spot trading category. Moreover, the network will continue to develop its technology to provide the best user experience to all its investors worldwide.
Article source coinquora
Federal Authorities Recover Part Of The Missing $5 Billion In BTC Stolen From Bitfinex In 2016
In 2016, the Bitfinex crypto exchange was hacked and 120,000 BTC valued at $72 million at the time was stolen. On The Trail Of The Hackers In 2020, Bitfinex issued a $400 million reward for the recovery of the BTC, whose value had since skyrocketed to be worth over a billion dollars. An analysis of the crypto addresses found that 110 of them were directly linked to the 2016 hack. The Punishment Lichtenstein and his wife face up to 25 years in prison. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal, or accounting advice.
Article source visionary-finance
Concordium Blockchain Officially Launches Its CCD Token On Bitfinex and BitGlobal
Zug, Switzerland, 10th February, 2022, Chainwire Concordium , a public, proof-of-stake blockchain with a built-in identification layer to meet the regulatory requirements, is thrilled to announce the official listing of its native CCD token on Bitfinex and BitGlobal, two leading crypto exchanges. Bitfinex is the first exchange where users can trade the CCD token, beginning at 10:00 AM CET on February 10, 2022. In the near future, Concordium intends on bringing CCD to more exchanges thereby increasing the liquidity of the CCD and enabling wider utilization of the CCD. Concordium differs by offering nearly instantaneous, real finality with low transaction fees, stable in FIAT terms, expressed in CCD, its native token.
Article source coinfunda
Topic 8
XRP Ignites Ultra-Bullish Trajectory — Ripple Predicts 2022 Is Going To Be A ‘Big Year’
Advertisement Key Takeaways XRP’s price rebound has seen it record its strongest gain against top crypto assets in 6 months. The surge is being attributed to positive sentiments due to a new ruling in Ripple’s case with the SEC. Via @CredibleCrypto » TradingView XRP is also gaining in the XRP/ETH trading pair, up 6.83% on the day. The SEC’s complaint against Ripple stated that all sales of XRP since the inception of the blockchain have constituted sales of an unregistered security.
Article source zycrypto
Crypto.com inks a nine-year deal with the Miami Grand Prix
Crypto.com continues to push with its heavy investments in the sports sector as a marketing strategy. Formula 1 Crypto.com Miami Grand Prix A press release states that the F1 Miami Grand Prix promoter, South Florida Motorsports (SFM), has selected Crypto.com as the official title partner for the Miami Grand Prix. The name of this event will now feature Crypto.com, boosting the exchange’s brand in the global Formula 1 fan base. The deal will also allow Cryopto.com to feature its logo in the Miami International Autodrome facility.
Article source insidebitcoins
Canadian Financial Company TMX Group to Launch First Crypto Futures This Year
Canadian financial services company TMX Group said it would launch its first crypto futures product later this year. In crypto, there’s a lot of price volatility so (they’re looking at) how they manage that exposure.”
Article source Blockchain.News
Topic 9
BlackRock expected to offer crypto trading as Three Arrows exec says long Bitcoin, ETH in 2022
Bitcoin (BTC) and Ether (ETH) are sure long bets for 2022, prominent investor and commenter Zhu Su says. The picture is complex — some are eyeing a “melt-up” for stocks and crypto as a result, thanks to positive correlation. Related: Price analysis 2/9: BTC, ETH, BNB, XRP, ADA, SOL, LUNA, AVAX, DOT, DOGE According to several people with knowledge of the matter quoted by mainstream media, BlackRock clients could soon be able to trade crypto, while the giant will also facilitate credit in return for crypto collateral. https://t.co/OyTmlSdRlg pic.twitter.com/F3ibYnjjmX — Pentoshi Forbes worst trader 40 years running (@Pentosh1) February 10, 2022 As Cointelegraph reported, however, near-term BTC price gains remain far from a dead certainty for the bulls.
Article source cointelegraph
Report indicates BlackRock plans to bring crypto trading support
The New York-based investment management company will allow its clients to trade crypto assets via its Aladdin platform Some of the moves the firm has made in recent days have been an indication of its interest in the cryptocurrency sector BlackRock, the world’s largest asset management firm, is looking to provide crypto trading services based on a report from CoinDesk that cited three unnamed parties in the know. The second source noted that the investment management company was considering getting “hands-on with outright crypto.” The CoinDesk report quoted a third source believed to be a group of about 20 or so individuals in the firm. “They see all the flow that everyone else is getting and want to start making some money from this,” the source told CoinDesk.
Article source cointext
World’s Largest Asset Manager BlackRock to Launch Crypto Trading Services (Report)
The world’s largest asset manager plans to double down on its cryptocurrency engagement by launching such trading services, asserted a new report. Citing people familiar with the matter, CoinDesk informed that BlackRock aims to enter the digital asset space with “client support trading and then their own credit facility.”
Article source cryptopotato
$10 Trillion Asset Manager BlackRock To Offer Cryptocurrency Trading To Its Clients
Advertisement A spate of well-known financial institutions and megacorps have announced crypto-related initiatives in recent months, and there are reports that BlackRock, the world’s largest asset manager with over $10 trillion in assets under management (AUM), is on track to offer Bitcoin trading to its investors. Futures allow users to bet on the price of the underlying asset without having to actually purchase it. Interestingly, another source posited that BlackRock plans to get “hands-on with … crypto” and is in search of “providers in the space”.
Article source zycrypto
BlackRock Is Planning To Offer Crypto To Their Clients
New York-based owner of all things BlackRock continues to increase its presence in the crypto world, this time promising crypto trading their well-heeled clients.
Article source cryptosrus
Topic 10
Top places to buy FIDA, the biggest crypto winner of the day that added 59% to its value
Bonfida is one of the top gainers in the Solana ecosystem and in the general market on February 10. FIDA, its native token, has added almost 60% to its value today. According to Bonfida’s whitepaper, it is a full product suite that bridges the gap between Serum, Solana and the user. Bonfida features a decentralized naming service built on Solana, the first perpetual swaps on Solana, decentralized and permissionless buy and burn, and on-chain encrypted messaging app built on Solana.
Article source coinjournal.net
This is why NXTT is soaring and the best places to buy NXTT now
NXTT is the native token of NextEarth, one of the hottest metaverses at the moment. The platform reached a milestone of 4,000 token holders and is announcing its roadmap today. You can still purchase NXTT using a DEX (decentralised exchange) though, which just means there are a few extra steps. Send your MATIC to a compatible wallet like Trust Wallet or MetaMask You’ll need to create your wallet, grab your address, and send your coins there. In the future, its creators plan to deliver state of the art technical solutions as metaverses go mainstream.
Article source coinjournal.net
Doge Killer is declining, shed 6% of its value in 24 hours: Time to buy?
After hitting an all-time high of over $7,000 in May 2021, Doge Killer is coming down. You can still purchase LEASH using a DEX (decentralised exchange) though, which just means there are a few extra steps. LEASH is a unique dog coin because typically, dog-themed cryptocurrencies have an artificially high supply. This may seem like impressive growth, but consider that according to this forecast, Doge Killer will not reach its ATH of 2021 before 2029!
Article source coinjournal.net
Alchemy Pay is surging today, up 14 %: here’s where to buy Alchemy Pay
The live Alchemy Pay price today is $0.057 with a 24-hour trading volume of $222.4 million. Top places to buy Alchemy Pay now As ACH is such a new asset, it’s yet to be listed on major exchanges. Send your ETH to a compatible wallet like Trust Wallet or MetaMask You’ll need to create your wallet, grab your address, and send your coins there. In addition to crypto payments, the ecosystem makes seamless and easy access to crypto investment, blockchain solutions, and DeFi services possible.
Article source coinjournal.net
Topic 11
Bitcoin Market Momentum Flips Bullish
The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. In today’s Daily Dive, we’re highlighting the Market Realized Gradient metric coined by Glassnode’s lead on-chain analyst, Checkmate. The metric looks to capture the current state of market momentum comparing price to capital inflows.
Article source bitcoinmagazine
Will This Move By The Makers Help Cardano Reclaim Its 6th Position By Market Cap?
Cardano continues to remain clutched at the seventh position by market cap, as signs of reversal look bleak. Elena is an expert in technical analysis and risk management in cryptocurrency market. Will This Move By The Makers Help Cardano Reclaim Its 6th Position By Market Cap? The makers have introduced “Hydra Head” which revolves around Proof-of-Concept. The tech while working similarly to the on-chain main ledger, works at a brisk rate The team focuses not only on throughput but also on finality and concurrency. And the next increment (0.3.0) will be rolling out this month.
Article source coinpedia.org
Bitcoin Jumps – And the markets roar back into life
Article source bravenewcoin
Topic 12
Ambrosus Core Launches a $10 Million Developer Grant to Scale Its Open-Source Blockchain Ecosystem
Ambrosus Core Launches a $10 Million Developer Grant to Scale Its Open-Source Blockchain Ecosystem press release PRESS RELEASE. Zug, Switzerland — Ambrosus Core, the technical foundation of Ambrosus Ecosystem, has announced the launch of a substantial developer funding program — $10 million for developers deploying decentralized finance (DeFi) applications and other decentralized solutions on the Ambrosus blockchain. Educators—those who create unique and informative content for new Ambrosus Ecosystem participants. Contact ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Article source news.bitcoin
Lucky Block marketcap now ~$500 million
On one of the highest daily volume candles so far, the LBLOCK token price reached a new ATH of $0.0051, up ~100% in the last 24 hours and making the fully diluted marketcap approximately $500 million. LBLOCK also features on the Coinmarketcap list of top gainers on the day.
Article source insidebitcoins
Lucky Block Crypto Lottery Pool near $2.5 million as Token makes new ATH
Last week we noted the Lucky Block prizepool had reached $1 million in value – that prize pool is now approaching $2.5 million as LBLOCK / USD has now broken out to make a new ATH of over $0.004. Lucky Block Lottery Pool – How it Works Part of the whitepaper on the Lucky Block website states that to reward token holders, a 12% transactional tax is imposed on sellers.
Article source insidebitcoins
Topic 13
Aperture Raises $5.3M to Build A Cross-chain DeFi Investment Ecosystem with A Marketplace for Strategies
Aperture, a cross-chain DeFi investment ecosystem, has successfully closed $5.3 million in seed and strategic round sale led by ParaFi Capital, Arrington Capital, Costanoa Ventures, and Divergence Ventures, followed by Rarestone Capital, Krypital Group, PrimeBlock Ventures, Athena Ventures, Metaline Ventures, Double Peak, Stakely Venture Capital, and more. Ultimately, we believe this is the future of how users interact with decentralized applications in general, abstracted away from the underlying protocol,” said Michael Arrington, Founder of TechCrunch and Arrington Capital. The team is elite and has shown to be thoughtful, product-driven, and community-oriented. At Rarestone we are excited to be backing a rockstar team at Aperture on its mission to harmonize liquidity across various networks in one place and ultimately reduce technical barriers to entry for the next wave of institutional-grade market participants entering the space,” said Camron Miraftab, Founding Partner at Rarestone Capital. Aperture plans on a V1 product launch in March, which will enable users from EVM-compatible chains to participate in opportunities from protocols in the Terra ecosystem.
Article source newsbtc
Switzerland’s Largest Bank UBS Suggests Alternative Ways of Investing in Cryptocurrency
Switzerland’s Largest Bank UBS Suggests Alternative Ways of Investing in Cryptocurrency Switzerland’s largest bank, UBS, has suggested some investment strategies for investors seeking to gain exposure to crypto assets with less risk than investing directly in bitcoin, ether, or other cryptocurrencies. “ “There are several main ways investors can access this potential while avoiding the high volatility and regulatory risks of holding bitcoin or rival cryptos,” the UBS analysts continued. The first strategy the analysts suggested is to invest in companies that build the necessary infrastructure for the crypto ecosystem, citing that they are likely to benefit from the more widespread use of distributed ledger technology (DLT) applications. Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only. Neither the company nor the author is 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 this article.
Article source news.bitcoin
Consumers See Crypto as Investment Tools, Study says
Days are gone when cryptocurrencies were deemed a get-rich-quick scheme, as consumers in the United States are changing their minds, treating crypto as ideal investment vehicles, according to a new study by blockchain infrastructure platform Paxos. On the other hand, women favour getting crypto from established fintech apps like PayPal at 24% versus men at 16%.
Article source Blockchain.News
Benzinga Announces 2022 NFT Investments Listmaker Event Recognizing The Most Innovative Creators & Leaders
Benzinga , a media and data provider bridging the gap between retail and institutional investors, will hold its first NFT Investments Listmaker Event on Feb. 23, 2022. By the end of 2021, OpenSea’s leader position seemed understood with creators posting their work on OpenSea in addition to any other platforms where they officially launch. Looksrare – Offering rewards for purchasing on their platform, Looksrare was a breakout success in the first quarter of 2022 and became the second-largest NFT marketplace by sales volume. Nifty Gateway – They moved to a broader form of curation in 2021, but have used its new flexibility to make a steady stream of drops, making it a standout for many buyers and a strong player in the secondary market. He continues to hype the crowd from 2021 to 2022 and he still loves Cool Cats. They are unique in touching so many parts of the industry, and no agency is in the position VaynerNFT is to roll out new brands. – Gary “Vee” Vaynerchuk did his research and became one of the leading NFT advocates in the blockchain community and to the world at large. VaynerNFT is not quite a year old, but with leadership from , the agency has been supporting VeeFriends while dropping a steady stream of major brand tie-ins, with partners like Pepsi and Budweiser. Ja is still creating, launching NFTs, doing TV appearances and shows on his ICONN app.
Article source dailycoin
Topic 14
Top Japanese bank MUFG introduces new stablecoin platform
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial group, is working hard to take the lead in stablecoin development, launching a proprietary stablecoin project. As part of the project, the Japanese financial giant is also planning to introduce a stablecoin based on the Japanese yen, a spokesperson for MUFG confirmed to Cointelegraph. We have the plan to issue our stablecoin during 2023,” the representative stated.
Article source cointelegraph
K-Pop & NFTs: A New Binance Deal Shakes Up Audio On The Blockchain
A new partnership has emerged in the NFT world between global crypto exchange Binance and South Korean entertainment company YG. The two companies said that creating eco-friendly NFTs will be one of the primary focal points for future collaborations, with a goal of bringing K-pop stars to the metaverse. This isn’t the first time k-pop and NFT’s have met up; back in November of last year, Hybe, a Korea-based entertainment label, partnered with the largest cryptocurrency operator in South Korea, K, which hosts the popular cryptocurrency exchange Upbit. Related Reading \ Why Bitcoin Could Hit $90K By The End Of 2022, According To This Prediction
Article source newsbtc
Digital Assets: 5 Types And Differences
The token economy is growing and decentralizing, thanks to technology. These materials exist in many different formats, from portable document files, pictures, audio files, spreadsheets, applications to graphic designs. In blockchain technology, digital assets sustain the whole essence of the decentralized market system. Crypto Commodities These commodities can sometimes be mistaken as a by-product of cryptocurrencies. They’re termed “crypto” because, like cryptocurrencies, they’re built on cryptography. In addition, they serve a unique utility such as giving preferential treatment to loyal customers. NFTs are a symbol of approval for owning a digital asset in the blockchain space. They contain two or more tickets and are rarely used for blockchain transactions. This is why traders worry less about them because they’re not precisely for transactions. Transactions have become more decentralized than ever as digital assets keep increasing.
Article source cryptoverze
Breaking: Snoop Dogg Releases New Album Exclusively on Gala Music, a Day Before Launch on Other Platforms
We all know Snoop Dogg’s passion for cryptos and blockchain technology. B.O.D.R. (Bacc On Death Row)” will stay exclusive on Gala Music only for a day though. The platform allows you to own one of the newest songs for quite a high price.
Article source dailycoin
“NFTS: The 10,450 Ft View” in Jackson Hole Collaborate With Premium Digital Art Streaming Platform, Niio Art, as a Display and Curated Art Partner
NFTs: The 10,450 FT View is scheduled for February 10-13, 2022, and today announced an onsite exhibition entitled, This Unearthly World: Nature as a Palette of Expression. This on-site visualization exquisitely showcases the ability to move NFT out from your wallet into the world. “The utilization of technology, such as Niio Art and Barco screens, for artistic purposes presents a world of opportunity for artists and owners of their digital pieces,” explains Sinziana Velicescu, Curator of Vellum LA and This Unearthly World. Attendees have the unique opportunity to ski, dine and attend sessions with the experts, a rare opportunity to enter and understand the trailblazing NFT ecosystem.
Article source dailycoin
Tennessee Lawmaker Introduces Bill that Could Allow the State to Invest in NFTs and Crypto
Member of the Tennessee state legislature, Jason Powell, introduced a bill that could authorize various levels of the local and state governments to invest certain types of funds into digital assets such as non-fungible tokens (NFTs) and cryptocurrencies. This would be a significant development for the cryptocurrency space if it becomes law.
Article source dailycoin
Topic 15
Terra sponsors Washington Nationals, Bitstamp backs Immortals esports
Sports and esports fans will soon see more crypto ads during games as Terra has partnered up with the Washington Nationals MLB team and crypto exchange Bitstamp is now partnered with esports organization Immortals. That number is expected to climb above 2 million as Covid-19 restrictions are lifted, giving Terra greater exposure in the ballpark. // https://t.co/ESel7phptn pic.twitter.com/MzQ3UxzMpc — Washington Nationals (@Nationals) February 9, 2022 The Terra community joins FTX as a major crypto outfit sponsoring professional American sports teams. From real to virtual pro sports U.K.-based crypto exchange Bitstamp announced on Feb. 9 that it has partnered with the U.S.-based Immortals competitive esports organization.
Article source cointelegraph
Terra Scores “Groundbreaking” Partnership with Washington Nationals
The Washington Nationals baseball team has inked a “groundbreaking” five-year partnership with public blockchain protocol Terra, according to a Wednesday announcement. Terra has managed to secure the partnership despite the fact that it is in hot water with the U.S. Securities and Exchange Commission. As part of the multi-year partnership, a posh club located directly behind home plate will change its name to “The Terra Club.
Article source u.today
Terra community votes to fund a $40 million partnership with a major U.S. sports franchise
The Terra community has passed a proposal to establish an exclusive partnership with a major U.S. sports franchise. Originally submitted by Terraform Labs, the company behind the Terra blockchain, the proposal requested 40 million UST from the Terra Community Trust (TCT) to secure a 5-year exclusive partnership deal that would see the Terra brand broadcast to millions of users. The Franchise’s most premium club and lounge will be rebranded as the Terra Club and emblazoned with Terra’s logo and messaging. More than two-thirds of the franchise’s season ticket holders have an individual income greater than $125,000, while 42% of them hold a post-graduate degree. Despite a lack of information regarding the size of its fan base, partnering with a franchise like this could significantly improve Terra’s standing with investors new to crypto. While the proposal was passed earlier today, the franchise won’t be revealed until the partnership has been officially established and the $37.5 million has been transferred. CryptoSlate Newsletter Featuring a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more.
Article source cryptoslate
Topic 16
New York Mayor Opposes Bitcoin Mining
New York City mayor has had a falling out with the Bitcoin community after voicing his opposition to crypto mining Eric Adams, New York City’s cryptocurrency-friendly mayor, has bewildered the Bitcoin community after voicing his opposition to crypto mining during a local government budget hearing with elected officials in Albany: I support cryptocurrency, not crypto mining. She added that New York City could become the crypto capital of the U.S. without supporting environmentally damaging crypto mining. Several legislators expressed their concerns regarding Adams’s wholehearted embrace of cryptocurrencies.
Article source u.today
Luntivo Finance, a New Generation DEX, Announces its Limited-Time Coin Offering
PRESS RELEASE – Please Read Disclaimer Luntivo Finance, which is a DEX, built on the Terra blockchain has announced its ICO starting on the 8th February 2022 and ending on 28th March 2022. It is the first decentralized exchange on the Terra ecosystem to announce advanced features such as Yield Farming, Staking, and other advanced options for participants to earn money while growing the ecosystem. SAFU makes sure that participants in the DEX are not susceptible to common liquidity scams like rug pulls and are assured of the safety of their funds. Website: https://luntivo.finance Join our telegram group 👉 https://t.me/luntivoFinance
Article source cryptopotato
Crypto Sector Could see new Rules from Global Regulators
Although regulators have been slow to make a move on the crypto industry, they could come up with a new global framework of rules within months, an official from the Financial Stability Board said. Since crypto-assets did not show any signs of disrupting financial stability, regulators have been slow to take action, but it has become top of the FSB’s agenda, Ophele said. “I do think we could achieve, deliver on these issues in the next few quarters… the FSB is going full steam on this issue,” The FSB has no powers to make binding rules, but its members commit to introducing its regulatory principles into their own national rulebooks, Reuters reported.
Article source Blockchain.News
Hawaii’s Billion-Dollar Crypto Sector Could Disappear If Legislators Do Not Pass New Laws
Under existing laws, crypto exchanges are treated as money transmitters in the state. Why Hawaii’s Crypto Sector Is In Danger In 2016, Hawaii’s Department of Commerce and Consumer Affairs (DCCA) classified crypto exchanges as money transmitters, essentially making crypto trading illegal in the state. However, two years ago, the departments launched a pilot program to allow crypto exchanges to operate in the state. However, crypto trading is not banned by any state in the US. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal, or accounting advice.
Article source visionary-finance
Topic 17
Shiba Inu Builds Real Estate In The Metaverse, Pushes LEASH, SHIB To Rise 50%
The innovators of the popular meme coin Shiba Inu announced that the protocol will soon offer plots of virtual land in a soon-to-launch metaverse, causing the value of ecosystem tokens such as LEASH and SHIB to surge by nearly 50%. Dubbed as the “Shiberse”, the metaverse property development will serve as the Shiba Inu ecosystem’s arm in the virtual domain. Retail investors have already flocked to SHIB because of the coin’s sporadic solid growth over the previous year. Total SHIB market cap at $7.98 billion in the daily chart | Source: TradingView.com Related Reading | Shiba Inu Enters The Metaverse, But Will This Help Its Price? SHIB Regains Top Position On Whale Addresses As of now, Shiba Inu has recaptured top place on whale addresses, with $1.7 billion in tokens held by investors on the Ethereum network. At the time of publication, the token was trading at $0.000033.
Article source newsbtc
144.2 Million SHIB Burned, While SHIB Becomes Token with Largest USD Value for Whales
Over the past three days, over 144 million SHIB tokens have been taken out of circulation Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. A total of 40,724,796,721,265 Shiba Inu tokens have been staked.
Article source u.today
Bitcoin Reclaims $44K: Shiba Inu Spikes 5% (Market Watch)
Following yesterday’s brief retracement, bitcoin went on the offensive once more and touched $44,000. This time, it tapped a multi-week high of around $44,000 before surging to $45,500 for the first time since early January. Start receiving this recap, for free, every day: Invalid email address Your privacy is guranteed. SHIB and Other Alts in Green The alternative coins mimicked BTC’s performance to a large extent lately. Ethereum slid below $3,100, but a 3.5% increase since then has driven the second-largest cryptocurrency to $3,200 now.
Article source cryptopotato
CoinMarketCap removes three controversial SHIB addresses
Reports on Twitter stated that CoinMarketCap had removed three Shib Inu wallet addresses. At the time, CoinMarketCap responded to the developers saying that the three addresses were wormhole addresses. The developers said they were standing with their original claim that these addresses were “fake” due to a lack of communication from CoinMarketCap. Earlier this month, the second-largest decentralized finance hack happened on the Wormhole bridge connecting the Ethereum and Solana blockchains.
Article source insidebitcoins
Shiba Inu Announces Metaverse Initiative Codenamed “Shiberse”
The influx of blockchain and tech brands into the metaverse has formed a major trend that the developers behind the Shiba Inu memecoin are unwilling to let slip by them. The Shiberse metaverse activities will kickstart with the sale of its virtual land plots dubbed Shiba Lands.
Article source Blockchain.News
Topic 18
MGM China Reports Slight Revenue Increase In 4Q21
MGM China Reports Slight Revenue Increase In 4Q21 Macau concessionaire MGM China saw net revenues rise 3% year-on-year and 9% sequentially to HK$2.45 billion (US$315 million) in the three months to 31 December 2021, although Adjusted EBITDA fell 88% to HK$89 million (US$11.4 million) due to a US$23 million bonus reversal in the prior year quarter and a US$13 million increase in bad debt expense.
Article source fortunez
PDAX Raises $50M to Support NFT and Play-to-earn in the Philippines
Share some Bitpinas love: Philippine-based cryptocurrency exchange Philippine Digital Asset Exchange (PDAX), announced on Thursday, February 10, that it has raised more than $50 million in a funding round led by Tiger Global. In a message to BitPinas, Nichel Gaba, CEO of PDAX said the fresh funding will allow PDAX to cater to the growing NFT and play-to-earn market in the Philippines. In addition, 17% (or 3.57 million users) of MetaMask’s 21 million users are also from the Philippines. “We are aware of the many challenges they face right now, and we want to fill in the gap to provide the best on ramp and off ramp solutions for converting metaverse digital assets like SLP to PHP.” Moreover, early investors who led PDAX’s Seed and Series A rounds, Beenext Ventures and Cadenza Capital Management, also participated and continued to support the company. “The Cadenza team has been excited to work with PDAX since the Series A round and strongly believes that the PDAX platform allows Filipinos to securely access products and services in global crypto markets,” Kumar Dandapani, Co-founder and Managing Partner of Cadenza Capital Management, said.
Article source bitpinas
Topic 19
Here’s How Bitcoin (BTC) Price Will Reach $100k ! Traders Watch These Levels!
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. Bitcoin has retraced slightly and lost roughly $2,000 since its local top after many days of remarkable advances. If a specific scenario plays out, a well-known crypto analyst and trader claim that Bitcoin (BTC) might be on its way to $100,000 quite soon.
Article source coinpedia.org
Metashooter: Play-to-Earn Hunting Metaverse Built on Cardano Takes Things To Next Level
Metashooter: Play-to-Earn Hunting Metaverse Built on Cardano team is pleased to announce the giant strides it has taken to take its play-to-earn hunting metaverse to another level. While playing the MetaShooter game, hunters have features that include: Customization Hunters aren’t stuck with hunting equipment or two. Without a barrier or location restrictions, they have what it takes to excel. According to the team, “One of the goals of our team is to create a game that bridges the worlds of crypto and non-crypto. Seed Sales The MetaShooter team started the seed sale recently. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
Article source coinquora
Bitcoin Needs to Hold the $43.1K Level to Avoid a Slip back to $38K
After waiting with bated breath for Bitcoin (BTC) to breach the psychological price of $40,000 that had escaped its scope for a couple of weeks, this fate was recently sealed. Nevertheless, Bitcoin ought to hold the $43,100 level to avoid dropping to $38K. Crypto trader Rekt Capital suggested: “Weekly Close above black $43,100 would be a great confirmation for the bullish case. Source: Glassnode WBTC is an ERC-20 token that represents Bitcoin on the Ethereum network.
