Topic 0
TA: Bitcoin Key Indicators Suggest Strengthening Case For Decent Increase
Bitcoin is showing positive signs above $39,500 against the US Dollar. Bitcoin started another recovery wave and climbed above the $39,800 level. There is a major bullish trend line forming with support near $39,580 on the hourly chart of the BTC/USD pair (data feed from Kraken). On the upside, an immediate resistance is near the $40,000 level. In this case, the price may perhaps decline towards the $39,000 level.
Article source newsbtc
Bitcoin Nears Psychological Barrier, Here’s What To Look Out For
The cryptocurrency market has had another wild week, with the price of Bitcoin (BTC) hitting a new multi-month low of $37,700. Bitcoin Stumbles On $40K For a few weeks, Bitcoin has been consolidating below its 100-day moving average, failing to break above it. The bulls will experience uptrend rallies with brief retracements into critical key levels this month if the Wycoff approach holds true. Consider $34,500 as the next goal for the bears if the Bitcoin price can be suppressed back to this level, resulting in a 15% drop from the present price.
Article source newsbtc
Zcash Media reveals Edward Snowden is John Dobbertin
Zcash Media has revealed famous NSA whistleblower David Snowden is John Dobbertin, the final pseudonymous person that helped create the privacy cryptocurrency Zcash (ZEC). He added that he decided to take part in the ceremony, which was monumental to the launch of ZEC, because several trusted academic cryptographers were working on the project. With Trusted Setups being a thing of the past, Zooko Wilcox, the CEO of Electric Coin Company, sent Snowden a note asking him to agree to disclose his real identity. Last month’s gains came after U.S Treasury Secretary Janet Yellen accidentally leaked details of President Biden’s Executive Order on Crypto.
Article source cryptoslate
You can now get a Bitcoin backed mortgage without a credit score
The Miami-based startup, Milo Credit, is offering Bitcoin-backed mortgages to allow people to purchase homes without selling their coins. The value of the cryptocurrency is deemed adequate to secure creditworthiness. This small print is potentially massive for many struggling to get onto the property ladder. Liquidations You can run into trouble with a traditional mortgage if the housing market collapses, causing you to go into negative equity with your home. They claim they do not “automatically liquidate,” but they will manually liquidate your assets if the value drops to 30% of the original collateral. Conversely, if the value of your crypto goes up, you may withdraw the overage on an annual basis or reduce your interest rate.
Article source cryptoslate
Was the CIA behind Bitcoin creator Satoshi Nakamoto’s ‘disappearance’?
Pete Rizzo, Editor at Bitcoin Magazine, made a tenuous link between Bitcoin developer Gavin Andresen’s visit to the CIA in June 2011 and the disappearance of Satoshi Nakamoto. He wrote about accepting an invitation from the intelligence agency to discuss Bitcoin. Some consider this evidence that Nakamoto had philanthropic intentions to gift Bitcoin to the world as a way to escape banking tyranny. Some might say that Andresen was naive to have said: “I don’t think any of those goals are incompatible with the goals of the government.”
Article source cryptoslate
Bitcoin Speaks To The Human Condition
(Adaptation of “The Vitruvian Man”/CoinsureNZ) In The Bitcoin Rorschach Test, I examined how technology shapes human culture. It opens the floodgates for the vast majority of the world’s population to become producers and creators of the technologies that impact the direction of our civilization without the oversight or influence of a privileged few. This leads to a world where the majority are unable to shape or influence the tools and technologies they use in their day-to-day existence in a way that better suits their circumstances or alleviates their problems. Nike, for example, is not a successful company because it drastically innovated in the technology of mass manufacturing shoes, but because it is good at manufacturing symbols. An ever-growing amount of what is required to turn an idea into a good or service no longer requires a large amount of capital, extensive machinery and large amounts of manpower; a personal computer worth several hundred dollars will suffice. The transition from atoms to bits not only reduces the cost of computing tools able to exponentially leverage every human’s productive capacity, it also opens the doors for a world of willing productive individuals that geography and logistics previously excluded. ( Source) Happening in lockstep with this democratization of the means of production is how the internet exponentially increases our ability to communicate and collaborate on a scale never before imaginable. Source) However, the real revolution is not the transition to an information-based economy or a decrease in the cost to produce or collaborate. Consequently, the ability to generate financial return trumped all other considerations, and its influence colored the conversation of whether something is worth doing and what that should look like. Now, amongst the millions of deeply interconnected human beings that populate the planet, if someone wishes to create something within the ever-growing realms of what is possible with a computer and their imagination, they can do so without gatekeepers or permission. Type 1 diabetes is a chronic condition in which the pancreas creates little to no insulin. Living with this condition means diligently monitoring your carbohydrate intake at a per-gram precision to precisely calculate and balance insulin levels — 24 hours a day, seven days a week. Insulin pumps utilized a set algorithm to administer insulin that did not allow users to adjust their settings. This project, whose slogan is “#WeAreNotWaiting to make the world a better place,” made freely available to everyone the code, instructions and component list that allowed even non-tech-savvy Type 1 diabetics to assemble a medical rig that not only was able to automatically administer insulin, but also allowed the user to customize the settings utilized in line with their personal circumstances and body response. By collaborating in their spare time using the internet to interface with like-minded individuals worldwide, they developed a solution to a debilitating problem affecting 3.5 million people’s lives, that a $100 billion industry could not and gave away the solution for free. Bitcoin is the first money born out of this social shift, an open-source monetary network born in response to human problems rather than a market opportunity to generate profit. Instead of the control and monopoly on creation that comes from the need to protect profits in the traditional proprietary market model, collaborative models are now giving the ability to create to those for whom the need, motivation, and creativity is greatest, those who would voluntarily create for free, or even pay to do so. Ike Turner and The Kings of Rhythm (Source) The Kinks (Source) In 1951, a musician named Willie Kizart was on his way to the recording studio to record a song “Rocket 88” with Ike Turner’s Kings of Rhythm. He found the tone so refreshingly different and aggressive he tried to emulate it, eventually resorting to cutting the speaker cone of his guitar amp with a razor blade. Rock music and our concept of the guitar today weren’t stimulated by profitability, the search for a market opportunity, the invention of proprietary technology or because a corporation decided this was the future of the guitar. They don’t do it for money, they do it because the act of creating something that has soul, that has meaning and resonates deeply with you, and then sharing it with the world is a fundamentally human compulsion. NO2X and BTCPay are clear demonstrations of how easy it is for motivated users to deny corporations and well-resourced cabals the ability to dictate how we must use Bitcoin, to filter its utility and meaning through their lenses or co-opt it for their own needs. Article txid: dc95dda1e4b5d08da567f4a1a8a494fe0f7a8e8dbeccfba1d9e22a16ba19f148 This is a guest post by CoinsureNZ. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.
Article source bitcoinmagazine
Coinbase-Backed Portal Collabs With Bitcoin Sidechain Mintlayer
Portal officially announced its collaboration with Mintlayer. Both CEOs of Mintlayer and Portal are excited about this venture. This partnership is expected to bring Portal’s uncensorable cross-chain DEX functionality to Mintlayer, giving new impetus to Bitcoin-based decentralized finance (DeFi). Moreover, the addition of sidechain assets issued on Mintlayer will likely increase the number of trading pairs available to Portal DEX users.
Article source coinquora
Zcash Co-founder “John Dobbertin” is Actually Edward Snowden
Edward Snowden has been revealed as one of the co-founders of Zcash, after he gave his fellow co-founder Zooko Wilcox permission to disclose his involvement. Zcash is aimed at using cryptography to provide enhanced privacy for its users compared to other cryptocurrencies such as Bitcoin.
Article source Blockchain.News
How to Mine Helium – A Complete Beginner’s Guide
By Aggrey A. Advertisement Advertise with us Helium mining is one of the easiest ways to earn cryptocurrencies. Using the device you already have, you can start to learn how to mine Helium and get right into adding value to your crypto portfolio. Moreover, the Helium network is close to achieving a million hotspots at this time, which puts the ecosystem on the path to displacing regular cellular networks concerning connecting devices and collecting data. Guide of How to Mine Helium The first thing you should know as you learn how to mine Helium coins is that the network uses a new type of algorithm known as the Proof of Coverage (PoC). The cost of a Helium miner ranges from $300 to $600, which is still considerably affordable compared to the miners one needs to be able to mount a profitable mining operation for BTC. The most crucial factor to watch is the amount of data you transfer. The bobcat hotspot miner is said to be capable of sending a signal as far as a 10-mile radius. Nebra Hotspot Miner An excellent choice for those with enough room to mount a hotspot miner outdoor, the Nebra model is another exceptional choice for mining HNT coins. In addition, the rakewireless hotspot miner comes with a 2.8 dBi antenna and a storage capacity of up to 32 GB. So it would be an excellent choice, especially for those who live incredibly close to other hotspot miners. Since there are potentially hundreds of thousands of Helium miners currently connected to the network, the odds of single-handedly getting the reward are average but considerably better than the case of BTC. Above everything else, the price of HNT will also affect how much you can earn from Helium mining.
Article source coindoo
Oras sa Merkado – Cryptoday 079 (Tagalog)
Share some Bitpinas love: Nitong nakaraang Huwebes, nag-host ang mga kaibigan natin mula sa NasAcademy ng isang ‘crypto dinner’ sa BGC. The Tagalog translations of Cryptoday are published one day or two days after the English version is out. ( Luis is the country manager for the Philippines at Yield Guild Games, co-founder of BloomX, a licensed virtual asset exchange provider in the Philippines, and founder of the Cryptopop Art Guild. For any comments and questions, please message Luis directly on Twitter. Hindi rin ito ang unang pagkakataon – ito ay regular na nitong nagagawa simula pa lamang ng unang ilabas ito sa Binance Launchpad noong Marso 1. Pasensya na kayo kung medyo maikli ang ating newsletter ngayong araw mga ka-crypto, babawi ako sa mas mahaba at mas magandang ulat sa susunod. O baka magkita tayo sa susunod na meetup 😉 This article is published on BitPinas: Oras sa Merkado – Cryptoday 079 (Tagalog)
Article source bitpinas
Axie Infinity Origin – Buff and Debuffs Guide and Status Effects
Share some Bitpinas love: By Meghan Lim and Julian Barcega For Axie Infinity’s latest version, Origin, the team at Sky Mavis revamped the buffs and debuffs experienced in the game and refreshed the player experience by introducing a significant number of status effects. Shield Boost The Target has Shield gained from cards increased by 1 per stack. Fear Whenever the target uses an Attack card, shuffle a Confused into its draw pile. Thus, it is indeed important to familiarize yourself with buffs, debuffs, and neutrals to advance your gameplay and climb the top of the leaderboard!
Article source bitpinas
BSP To Pilot CBDC for Wholesale Transactions
Share some Bitpinas love: Sign up with your email and never miss another crypto and NFT story from the Philippines and beyond! In a media release, the Bangko Sentral ng Pilipinas (BSP) announced that it will pursue the pilot project of a wholesale central bank digital currency (CBDC). BSP said the move, called Project CBDCPh, will test the use of CBDCs for large-value financial transactions on a 24/7 basis across a limited number of financial institutions.
Article source bitpinas
Topic 1
Crypto Firms Poach U.K. Cops Into Top Jobs With Triple Pay
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Article source bloomberg
Topic 2
The Nightly Mint: Daily NFT Recap
The new Bored Ape Yacht Club metaverse mint, ‘The Otherside,’ is just days away, and the chatter is palpable. The Nightly Mint Latest Mint: Otherside Hype Headed to mint this weekend is ‘The Otherside,’ and the speculation alone can pull you into a dozen different directions into how things could play out. The NFT market is about to see the BIGGEST event yet in the next few days…here’s why 👇 — OSF (@osf_nft) April 28, 2022 Related Reading | Litecoin Drops 87% Trading Volume In Q1 2022
Article source newsbtc
13 famous artists release anonymous artwork as an NFT experiment starting at 0.33 ETH
A new NFT project going by the name “The Pyramid” is launching an NFT series that aims to answer the question; “What if a potential buyer had an opportunity to buy art for art, sans the artist’s market value and hype around the name?” The artwork mixes video, computer graphics, and digital artwork across each central theme. However, looking at their Twitter followers, it seems at least one of the artists is not married to the anonymity aspect of the project. NFTMASTERS were involved in the tokenization of artwork at the Hermitage Museum in St. Petersberg, according to their website.
Article source cryptoslate
J5 Warns NFTs Community with the First NFT Red Flags Document
The document addresses banks, law enforcement personnel, and citizens. The main purpose of this document is to provide better insights to banks, law enforcement partners, and private industry regarding potential red flags in NFT Marketplaces as J5 continuously seeks to improve fraud detection measures in place to prevent criminal activity. “I hope this is the first of several of these intelligence bulletins the J5 puts out,” said Chief Jim Lee of the IRS Criminal Investigation, in support of the J5 new release.
Article source coinquora
Web3 Running App STEPN Launches NFT Sneakers with STEPN
Move-to-earn Web3 running app STEPN has partnered with ASICS to release a limited edition of “STEPN x ASICS NFT Sneaker” Mystery Box Collection. STEPN, Binance and ASICS have jointly decided to donate $100,000 from the sale proceeds of the NFT collection to a charitable cause. The company has soared in popularity since its beta launch in December 2021 and topped the US$1 billion dollar market cap.
Article source Blockchain.News
Moonbirds NFT Jumped By 1500% In 7 Days! Here’s What To Know!
The year 2020 witnessed the crypto space take massive leaps, as leading assets like Bitcoin and Ethereum gained massively in price value. Fortunately, that success massively impacted the Non-fungible token (NFT) market, whose gross capitalization peaked at $250 million. Join the Chat Discord For the uninitiated, Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with unique identification codes. This is why it is impossible to create and circulate fake NFTs, as one can trace them back to the source. This is due to their unique characteristics, attracting investors to it. Moonbird NFT holders also have access to the project’s private Discord server. However, listed below are the uniqueness of NFTs and why they differ from cryptocurrencies; Non-interoperable Like regular cryptocurrencies, NFTs are non-interoperable, as one can’t use them interchangeably. Indivisible NFTs are not fungible tokens that can be divisible into smaller units, like fiat money or cryptocurrencies. NFTs are used in DApps to allow the creation and ownership of unique digital items and collectibles. Alternatively, several pieces of the NFT collection are trading for prices beyond 30 ETH on Opensea. The program aims to reward users periodically as the nesting period concludes or reaches maturity. Once the nesting process ends or matures, a Moonbirds NFT will upgrade its nest. Proof collectives feature top NFT names, who are believed by many to have contributed immensely to the growth of the NFT ecosystem. Popularly known as Beeple, Mike Winkelman is a founding member of Proof Collectives and remains one of the project’s leading creators. At the time of writing, members of the distinguished group own guaranteed two Moonbirds each. If this is true, it could lead to their price being higher in the future, to holders’ detriment. However, this will not stop the success of MoonBirds, as holders remain optimistic, especially concerning nesting. Thanks to Blockchain technology, gamers, and collectors, can now own unique assets and generate revenue from them.
Article source cryptoticker.io
Wen Minute Burger NFT? Burger Brand Hilariously Introduces NFT to Its 300K+ Followers
Share some Bitpinas love: In two Facebook posts published last April 22, local burger franchise Minute Burger teased its followers about non-fungible tokens (NFT) when it posted a photo of a monkey–which has an uncanny resemblance to Bored Ape Yacht Club NFT– wearing the brand’s server uniform. On the other hand, Bored Ape Yacht Club, which inspired Mint Burger’s marketing stint, is a legitimate NFT project that is one of the leading and most desired pieces in the market. “BAYC is a collection of 10,000 unique Bored Ape NFTs—unique digital collectibles living on the Ethereum blockchain. Burger Company Uses NFT in Marketing Disclaimer: BitPinas articles and its external content are not financial advice.
Article source bitpinas
Topic 3
When Will Shiba Inu In (SHIB) Price Burst Out Of Consolidation Phase?
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain. Meanwhile, the value of dogecoin has climbed by over a percent to $0.14, while the value of Shiba Inu has decreased by 0.5 percent to $0.000023. Since March, Shiba Inu Price has been stuck in a sideways trading range beneath the $0.0000324 mark. IntoTheBlock’s net network growth indicator provides a snapshot of both user engagement and growth.
Article source coinpedia.org
Litecoin Price Forcast: Can LTC Price Surge Above $120 This Weekend
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. From a technical standpoint, the price of LTC is lingering near the support zone, from which a price rebound is predicted. The sellers failed to break below the $100 support level yesterday.
Article source coinpedia.org
Topic 5
Artizen’s $ATNT Listed on MEXC Global Plus Other Updates
Artizen’s $ATNT Listed on MEXC Global Plus Other Updates press release PRESS RELEASE. Artizen’s unique ecosystem, which is transparent and safe, is provided by organically linking real and virtual spaces. NFT holders can mine a special mineral called Artinium through the game. Contact ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Article source news.bitcoin
Artizen’s $ATNT Listed on MEXC Global Plus Other Updates
Artizen is a metaverse specialised company based on blockchain technology. The game is aiming to be launched by the end of May. Artizen Hub Is an NFT Marketplace That Uses Artizen Tokens (ATNT) as Trading Goods The marketplace will ensure that the quality work of promising authors is valued through curation and provide a one-stop service to them to carry out various activities so that blockchain technology does not become a barrier to their work activities. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Article source blog.buyucoin
Topic 6
Coinbase cracks down front-running of new crypto listings
Coinbase will make changes to its process for new listings of crypto assets to prevent front-running. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy Digital asset exchange Coinbase will take action against front-running of new cryptocurrency listings on its platform as part of its “zero tolerance” approach. In a company blog post, CEO Brian Armstrong announced new measures of listing and reviewing tokens on the platform to prevent traders from examining its listing information or software to guess what assets would be listed in advance of the wider market knowing. “We’re adding new forensic tools to better prevent front-running, while also ensuring that we can move more quickly to de-list assets that appear to be run by bad actors,” the company tweeted. The platform aimed to list all legal assets while also protecting customers and maintaining a level playing field, Armstrong said.
Article source markets.businessinsider
OneStake – A New Way to Maximize the APR in the DeFi Yield Market
Tallinn, Estonia, 29th April, 2022, Chainwire OneStake Finance , a DeFi yield aggregator, claims to be the first TVL-as-a-Service protocol that offers the highest APR possible on single staking. This process simulates the results according to extra investments in provider pools. iUSD – Reserved by Profit OneStake uses iUSD, an interest-bearing token, to help users obtain the highest possible yield. It does so by aggregating other protocols, consolidating them into pools, and distributing OneStake’s TVL between them. The protocol charges a 20% Performance Fee and a 2% Streaming Fee in terms of revenue. While the project is still in its early development stages, it is progressing fast thanks to a highly-skilled and professional team. For more information about OneStake, please follow the links below:| Website | Twitter | Telegram | Medium | Blackpaper | Contacts
Article source coincheckup
Apecoin Hit New ATH! Retracement Or Extended Rally? What Next For $APE Price
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. ApeCoin has set a series of new all-time highs since April 21 and marked a new ATH yesterday at $22.38. Given the strong optimistic enthusiasm around APE, the approaching correction may present an opportunity for patient investors to accumulate the altcoin at a discount before it reaches a new all-time high. The rise from $16.47 would most certainly take ApeCoin to a new all-time high of $24.57.
Article source coinpedia.org
Coinbase Launches New Intelligence Suite ‘Know Your Transaction’
Coinbase has launched its ‘Know Your Transaction’ product line for legal trading. According to the American exchange, KYT is a transaction screening tool that financial institutions and cryptocurrency firms may use to proactively manage risk using its patented risk score algorithm. Furthermore, the system easily integrates rule engines and unique risk insights into current third-party case management solutions. This announcement came a few days after Coinbase launched the beta version of its non-fungible token (NFT) marketplace, which has a huge collection of NFTs on the Ethereum blockchain.
Article source coinquora
OneStake – A New Way to Maximize the APR in the DeFi Yield Market
Tallinn, Estonia, 29th April, 2022, Chainwire OneStake Finance , a DeFi yield aggregator, claims to be the first TVL-as-a-Service protocol that offers the highest APR possible on single staking. This process simulates the results according to extra investments in provider pools. iUSD – Reserved by Profit OneStake uses iUSD, an interest-bearing token, to help users obtain the highest possible yield. It does so by aggregating other protocols, consolidating them into pools, and distributing OneStake’s TVL between them. The protocol charges a 20% Performance Fee and a 2% Streaming Fee in terms of revenue. While the project is still in its early development stages, it is progressing fast thanks to a highly-skilled and professional team. For more information about OneStake, please follow the links below:| Website | Twitter | Telegram | Medium | Blackpaper | Contacts
Article source usethebitcoin
Topic 7
Singapore’s Central Bank: We Want to Be a Responsible Global Crypto Hub
Singapore’s Central Bank: We Want to Be a Responsible Global Crypto Hub The Monetary Authority of Singapore (MAS), the country’s central bank and the regulator of the crypto sector, says that its licensing process for digital asset service providers needs to be stringent. “ It needs to be because we want to be a responsible global crypto hub with innovative players, but also with strong risk management capabilities,” said the central bank chief. The central bank also noted that crypto service providers had been actively promoting their services through ATMs in public areas, stressing that it could encourage the public to trade “on impulse, without fully understanding the attendant risks.” 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
Canada’s Conservative Leadership Contender Vows to Audit the Central Bank, Says No CBDC Needed
Canada’s Conservative leadership candidate Pierre Poilievre said a digital currency should not be introduced by the central bank as it should only be left to the private sector. Claiming to restore people’s purchasing power safeguarding their financial freedom, Poilievre promised that if elected as the Official Opposition leader, he would expand the auditor general’s authority to include the BoC. In this way, he believed elective officials could make the institution in charge of money printing accountable for its monetary policies. ADVERTISEMENT A Crypto Bull Aiming to Change Canada As a crypto bull, Poilievre suggested that Canadians can “opt out” of inflation by investing in digital assets like bitcoin. Aside from having a clearer approach to regulations than some other nations, its watchdogs were among the first to greenlight a Bitcoin ETF last year.
Article source cryptopotato
Singapore’s Central Bank: We Want to Be a Responsible Global Crypto Hub
The Monetary Authority of Singapore (MAS), the country’s central bank and the regulator of the crypto sector, says that its licensing process for digital asset service providers needs to be stringent. “ It needs to be because we want to be a responsible global crypto hub with innovative players, but also with strong risk management capabilities,” said the central bank chief. The central bank chief raised concerns regarding the risks of investing in crypto assets to retail investors, Bloomberg reported.
Article source blog.buyucoin
Central Banks Say The Quiet Part Out Loud
Watch This Episode On YouTube Listen To The Episode Here: In this episode of the “Fed Watch” podcast, Christian Keroles and I discuss our thoughts on the IMF debate that took place on April 21, 2022, between Federal Reserve (Fed) Chair Jerome Powell; European Central Bank (ECB) President Christine Lagarde; International Monetary Fund (IMF) Managing Director Kristalina Georgieva; Indonesian Finance Minister Sri Mulyani Indrawati; and Barbados Prime Minister Mia Mottley. Although this event is meant to portray a united front for the global financial system, we pick out several very important places where Powell and Lagarde disagree once you dig a little deeper. Powell says that it is quite possible that we see a reversal in globalization, while Lagarde “pleads Europe’s case” for a mere revisiting of the terms of trade. Bitcoin’s Answer To Lagarde and Powell Being a Bitcoin show, Keroles and I take a lot of time discussing just how bitcoin fixes these problems of the financial system that Powell and Lagarde speak about.
Article source bitcoinmagazine
Topic 9
Residents of 3 Chinese cities paying taxes and charges with digital yuan
Residents in three major Chinese cities have begun paying tax, stamp duty and social security premiums using the country’s central bank digital currency (CBDC) — the digital yuan (e-CNY). The PBoC and affiliated local government agencies are reportedly looking to the next major test for the digital yuan, the Asian Games which will take place in Hangzhou in September. On the other side of the ledger to taxation, one local government has chosen to “airdrop” 15 million digital yuan, or around $2.25 million at the time of writing, to its residents hoping to boost consumer spending during the pandemic and promote the use of the new currency.
Article source cointelegraph
Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency
Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. The government of Shenzhen’s Futian district has announced that 15 million yuan ($2.27 million) in digital RMB (e-CNY) will be given to local residents Friday, Global Times reported. Consumers can spend the red packets at nearly 5,000 stores in the district with no minimum purchase required, the publication conveyed, adding that this is the first time that the issuance of digital yuan includes all eight pilot banks and a range of sectors including restaurants and supermarkets. Kevin Helms A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. 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
Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency
The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. This is not the first time that the Chinese government is giving away digital yuan in Shenzhen, which is one of the first pilot cities for the e-CNY. Besides Shenzhen, the digital yuan is also being tested in Shanghai, Suzhou, Xiong’an, Chengdu, Hainan, Changsha, Xi’an, Qingdao, Dalian, Tianjin, Chongqing, Guangzhou, Fuzhou, Xiamen, and six cities in the Zhejiang province that will host the 2022 Asian Games in September.
Article source blog.buyucoin
Topic 10
Dogecoin Jesus? Roger Ver resurfaces on Twitter, backs DOGE over BTC
Roger Ver, an early investor and ardent promoter of Bitcoin (BTC), which earned him the moniker “Bitcoin Jesus,” has resurfaced on Twitter after a year and backed Dogecoin (DOGE) in an interview, preferring it for payments over the world’s first crypto. I am really, really grateful that Musk is out there calling out censorship.”
Article source cointelegraph
Dogecoin Is “Significantly Better” Than Bitcoin, Says Roger Ver
Roger Ver , one of the earliest adopters of Bitcoin, believes that meme coin Dogecoin is superior to the original cryptocurrency, according to his recent interview.
Article source u.today
Roger Ver: Dogecoin Is Significantly Better Than Bitcoin
One of bitcoin’s early investors – Roger Ver – opined that Dogecoin (DOGE) has certain advantages over the primary cryptocurrency. Additionally, he supported Musk’s decision to purchase Twitter, opining that Tesla’s CEO could end “censorship” on the social media platform. Ver revealed he hadn’t been a proponent of BTC for a while because the asset deviated from its original purpose as an alternative currency. I am really, really grateful that Musk is out there calling out censorship.” Ver is among the most recognized names in the cryptocurrency industry.
Article source cryptopotato
Topic 12
Panama Congress Passes Crypto Regulation Bill
Panama’s legislature voted 38 in favour, 2 abstentions, and none against a bill to legalize the use of cryptocurrencies on Thursday, Reuters reported on April 28. As early as last year, Panama was trying to join the ranks of legalizing blockchain technology, cryptocurrencies, and its flagship asset, Bitcoin (BTC), Silva has said before that: “We seek to make Panama a country compatible with the blockchain, crypto assets, and the internet.
Article source Blockchain.News
Topic 13
Telegram Users Can Now Trade TON —In Telegram and OKX
On April 26, the TON Foundation announced a new bot that enables cryptocurrency transactions using The Open Network’s token TON inside the Telegram app. 👉https://t.co/PAAjpPAG3Q pic.twitter.com/ndB9vzQJS2 — TON (@ton_blockchain) April 27, 2022 Will Toncoin Live Up To The Community’s Expectations? “We anticipate that this functionality will extend into consumer to business payments, so that people can easily acquire goods and services by sending toncoin via bots in the Telegram app,” Telegram abandoned Toncoin, But The Community Kept it Alive In 2020, Telegram had to abandon the original TON project due to a lawsuit issued by the SEC, which at the time was on an anti-ICO spree, going after major players like Ripple, Facebook, KIK, and Telegram along with other huge scams like Bitconnect and Onecoin.
Article source cryptopotato
Topic 14
/cloudfront-us-east-2.images.arcpublishing.com/reuters/YLIKWS7CWVKU5APZEJUFPV3R2U.jpg)
Breakingviews – Crypto moves herald era of the blockchain …
Cryptocurrencies are seen in this illustration taken January 24, 2022. Apollo Global Management (APO.N) recently poached JPMorgan’s (JPM.N) global head of blockchain and crypto, Christine Moy, while Thoma Bravo in November hired Christine Kang to lead its crypto investments. But there is a slew of blockchain-services companies selling things like custody software, essentially the “picks and shovels” in the digital-assets goldrush.
Article source reuters
Riot Blockchain Is Constructing a 1 GW Bitcoin Mining Facility in Navarro County, Texas
Riot Blockchain Is Constructing a 1 GW Bitcoin Mining Facility in Navarro County, Texas The publicly listed bitcoin miner Riot Blockchain has announced the company has started development on a 1 gigawatt (GW) bitcoin mining facility in Navarro County, Texas. Upon completion of the expansion, Riot’s developed capacity will total 1.7 GW, establishing the company among the largest bitcoin mining operations globally,” the Riot executive said in a statement. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. 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
Riot Blockchain Is Constructing a 1 GW Bitcoin Mining Facility in Navarro County, Texas
The publicly listed bitcoin miner Riot Blockchain has announced the company has started development on a 1 gigawatt (GW) bitcoin mining facility in Navarro County, Texas. Upon completion of the expansion, Riot’s developed capacity will total 1.7 GW, establishing the company among the largest bitcoin mining operations globally,” the Riot executive said in a statement. Let us know what you think about this subject in the comments section below.
Article source blog.buyucoin
Topic 15
Ripple v. SEC: Court Modifies Proposed Calendar
Analisa Torres, a judge for the United States District Court for the Southern District of New York, has set a briefing schedule for Ripple and the U.S. Securities and Exchange Commission in her recent order. Torres has reviewed the parties’ letter, ordering that all motions to exclude expert testimony must be fully briefed by the end of August. As reported by U.Today , CEO Brad Garlinghouse recently said that the lawsuit was going “well.”
Article source u.today
NYC Mayor Eric Adams Proposes the Removal of State BitLicense Scheme
Eric Adams, the Mayor of New York City (NYC), is advocating for the abolishment of the stringent BitLicense scheme for cryptocurrency exchanges, which, according to the mayor, is stifling innovation and economic growth. That’s a high barrier, and it just makes us less competitive. According to the executive director of the New York-based Strong Economy for All Coalition, Michael Kink, the rule is necessary for a speculative and deregulated sector like crypto.
Article source cryptopotato
Judge Torres Modifies Joint Proposed Calendar to End Ripple vs. SEC Lawsuit Before Christmas
On December 22nd, 2020, the SEC filed a lawsuit against Ripple Labs and two of its executives for offering illegal securities. Although Ripple has countered the SEC’s claims, the securities agency has been accused of employing delay tactics to stall the lawsuit’s conclusion.
Article source dailycoin
Topic 16
$120 Million Worth of Shorts Liquidated as Bitcoin Teases Return to $40,000
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 the daily chart by TradingView suggests, on April 28, Bitcoin reached $40,385 but then swiftly retraced below $40,000.
Article source u.today
Topic 17
Polygon’s ecosystem is surging with a 170% YTD growth and over 19,000 dApps deployed
The Polygon ecosystem has witnessed historical growth in the past several months and now supports over 19,000 dApps—an increase of over 170% from January this year. According to data from Alchemy, this growth is also evident in the number of monthly active teams building on Polygon, which grew from 3,000 to 8,000 in the last five months alone. Kalsy says that Polygon’s ability to offer a “frictionless” Layer-2 solution has unlocked the full potential of dApps—both new and existing ones. Kalsy noted that the platform has witnessed exponential growth across gaming, DeFi, NFTs, and the metaverse as all dApps launched on Polygon are able to feed off each other and grow their communities together. While they’re prepared for the acute impact of a sudden market downturn, they aren’t too worried about the future of Polygon. This, Kalsy added, is due to the fact that Polygon has been focused on building technology and providing ecosystem support—without caring too much about the market. In the spring of 2020, Polygon had only around 30 active dApps.
Article source cryptoslate
TRON Defines the Spend for its $1,111,111,111 Ecosystem Fund
Geneva, Switzerland / April 28 / – TRON has announced the allocation for the $1,111,111,111 ecosystem fund they revealed in November 2021. As of April 28, 2022, it has industry-leading performance with over 89 million users on the blockchain, more than 3 billion transactions, and over $8 billion in total value locked (TVL). TRON DAO has also established the TRON Grand Hackathon to encourage the evolution of the TRON and BitTorrent Chain (BTTC) ecosystem across the Web3, NFT, GameFi, and DeFi industries. In the DeFi space, BTTC works as a bridge for industry-leading DeFi ecosystems, enhances asset liquidity for billions of dollars, and creates value for end-users. Most recently, a brand new algorithmic stablecoin USDD was announced on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018.
Article source coincheckup
TRON Defines the Spend for its $1,111,111,111 Ecosystem Fund
TRON has announced the allocation for the $1,111,111,111 ecosystem fund they revealed in November 2021. The first recipients of the ecosystem fund were Sun V2.0 and JustLend, receiving $24.899 million as liquidity mining rewards. Of the remaining funds, $600 million will be devoted to broadening the DeFi landscape by investing in a wide range of unique and innovative DeFi projects on the TRON network. Most recently, a brand new algorithmic stablecoin USDD was announced on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins. About TRON DAO TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). CoinQuora does not, and will not endorse any information on any company or individual on this page.
Article source coinquora
Topic 18
US Labor Department Raises Concern Over Fidelity Crypto …
On Thursday, Wall Street’s crypto first-mover Goldman offered its first Bitcoin (BTC) backed loan facility on Thursday. Fidelity’s latest move, however, has caught the eye of the US Labor Department. It remains to be seen whether the Labor Department will scupper Fidelity’s goal to offer crypto to a wider investment audience.
Article source fxempire
Digital B2B Payments Startup CoreChain Technologies Raises $4.2m in Seed Round
Blockchain-based digital B2B payments startup CoreChain Technologies has announced a $4.2 million seed round led by Ulu Ventures. Steve Reale, CFO and Partner from Ulu Ventures-A seed-stage venture firm focused primarily on enterprise IT said that： “Blockchain and distributed ledger technology has rewritten the B2B payments and financing script, ushering in new ways of doing business. CoreChain Technologies has raised a total of $5.5M in funding over 2 rounds.
Article source Blockchain.News
Topic 19
The Echo Chamber: Crypto and NFTs, what to know
Mubashir Husain Rehmani is a lecturer in the Department of Computer Science at Munster Technological University (MTU). Mubashir Husain Rehmani, who works on wireless networks, blockchain, cognitive radio networks, smart grid, and software defined networks, has written over 132 peer-reviewed articles of which 11 feature among highly cited articles by web analytics company Clarivate. Cryptocurrencies are different from paper-based money or coins as they are not controlled by a central authority (central bank and/or government). Assets like real estate, and diamonds are non-fungible as each carry unique qualities and, thus, their value can be determined individually. In order to buy or sell NFTs, you need an NFT wallet such as Coinbase, Trust Wallet, and Metamask. The value of cryptocurrency comes from the trust of the blockchain network ie, the users of any specific cryptocurrency. You can also buy NFTs if you want to “use” NFTs as the digital media right owner of the asset. With NFTs, one can claim the digital media right owner of the asset (original work). Second, these cryptocurrencies are not backed by the central bank or governments. Moreover, there are other factors as well which impact on the volatility of cryptocurrency, such as high energy consumption in the mining process. Imagine, if someone invested with 1 BTC in January 2021, the profit it gets in October 2021 woud have been more than €23,000 in less than one year. Another reason for investing in cryptocurrency is due to the momentum in NFT market. Have you any tips or tricks for anyone interested ingetting involved incryptocurrency? Thus, I recommend not to plunge into this business without acquiring some knowledge in both technical areas.
Article source echolive.ie, arid-40861685.html
Collection of South African Fine Wine Sold as NFTs
Collection of South African Fine Wine Sold as NFTs Collections of South Africa’s fine wines were recently sold as non-fungible tokens (NFTs) with one lot being sold for $79,000. Lots Exceed Estimates Collections of fine wines made by some of South Africa’s leading producers have been sold as non-fungible tokens (NFTs) in what has been described as a first for the country’s wine industry. The auction, which was conducted by fine art auctioneer Strauss & Co, saw some lots, like Klein Constantia’s Vin de Constance vertical collection from 1986-2027, being sold for $79,000 (R1,251,800). 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
Collection of South African Fine Wine Sold as NFTs
Collections of South Africa’s fine wines were recently sold as non-fungible tokens (NFTs) with one lot being sold for $79,000. Lots Exceed Estimates Collections of fine wines made by some of South Africa’s leading producers have been sold as non-fungible tokens (NFTs) in what has been described as a first for the country’s wine industry. The auction, which was conducted by fine art auctioneer Strauss & Co, saw some lots, like Klein Constantia’s Vin de Constance vertical collection from 1986-2027, being sold for $79,000 (R1,251,800).
Article source blog.buyucoin
Topic 20
DeFi Lender Goldfinch Hits $100M in Loans as Crypto-to-Real …
Crypto is a circular system where whales borrow money against their assets to pump up ponzi schemes and dump those tokens on retail traders betting those coins are the future of finance. Real World West is the co-founder of Goldfinch, a platform that “brings crypto loans to the real world.” Source: Dune Analytics “Goldfinch is offering these real loans that are tied to real world activity and still has really good yields,” West told The Defiant. Regulators, too, can swoop in with new rules to safeguard borrowers, which can raise the cost of capital and daily business operations. To that end, Goldfinch counts fintech companies among its borrowers, which facilitate loans in their respective fiat currencies. If people default, the phone company shuts off their service. Still, for all the loan volume growth, Goldfinch’s native token is cratering.
Article source thedefiant.io
Propy Partners with Crypto Lending Platform Abra, Launching Crypto-backed Real Estate Loans
Blockchain -based real estate transaction management company Propy has partnered with digital asset wealth management platform Abra to open up a path to obtain real estate loans with digital assets as collateral. He emphasized the importance of finding a partner who can provide highly reliable crypto collateral for being the first company to process real estate transactions as NFTs.
Article source Blockchain.News
Singapore’s Cake DeFi Launches New Loan Service, Accepting Crypto as Collateral
Cake DeFi, a Singapore-based fintech platform, announced on Thursday that it has launched a new decentralized finance (DeFi) service that lets users get loans using cryptocurrencies as collateral. Cake DeFi further stated that customers can then spend the borrowed DUSD stablecoin to purchase items or invest in Cake DeFi’s passive income-generating solutions like staking, lending, and liquidity mining, either directly or after swapping it with other coins. It is our goal at Cake DeFi to keep bringing such innovative services to our users,” Hosp elaborated. Facilitating Innovation and Growth Early last month, Cake DeFi launched its corporate venture arm with $100 million in the capital.
Article source Blockchain.News
Topic 21
Cardano Projects Building on Blockchain Spike to 917 Before Vasil Hard Fork
Cardano now has over 917 projects building on it Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. In the Twitter post, IOHK predicts that this is just a fraction of what is to come while asking the question of when Cardano projects will reach the 1,000 mark as the Vasil June hard fork approaches. ADA is currently trading at a discount of 73% to its all-time high of $3.10 set in September 2021.
Article source u.today
Should Filipino NFT Projects Just Register Abroad?
Share some Bitpinas love: Sign up with your email and never miss another crypto and NFT story from the Philippines and beyond! “The point I’m trying to make is, this sunrise industry might be exposed to a lot of legal uncertainties, and to somehow protect your self-business or your ventures from these legal uncertainties, it might be worth considering to set things up offshore and maybe set up a local subsidiary here in the Philippines if it makes business sense.” Legal Considerations On the other hand, Ismael Jerusalem, founder and chief executive officer (CEO) of Ownly, asked about the legal considerations when it comes to a scenario where an entity is registered outside the country but is operating here. “Ang sabi sa batas, sa Revised Corporation Code, ‘pag wala kang ‘license to do business,’ hindi ka pwedeng pumunta sa korte para magsampa ng kaso against sa clients, customers, or partners mo.” This article is published on BitPinas: Should Filipino NFT Projects Just Register Abroad?
Article source bitpinas
Topic 22
Cryptoweek: Musk, Meta, Ethereum’s Scalability & More
Article source changelly
Ethereum Name Service price prediction as C&H pattern forms
Ethereum Name Service has made headlines this week as investors focus on its popularity in the NFT industry. The ENS token is trading at $17.43, which is slightly below this weeks’ high of over $20. Ethereum Name Service is a unique blockchain project that is disrupting the giant industry of domain registry. In the past few days, people have been buying three and four-letter number NFTs that have a .eth suffix.
Article source coinjournal.net
Topic 23
Newly Minted Altcoins Recorded Extremely Underwhelming Returns – Report
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. So far this month, ETH has dropped 13%, compared to an 11% decline in Solana’s SOL token and a 4% drop in DOGE. Notably, the firm has shown that altcoins do not perform significantly better in bull markets, which is perhaps the most surprising finding from Jump Trading’s research.
Article source coinpedia.org
Topic 24
Binance Retains Crypto Exchange Dominance in March
Share some Bitpinas love: Binance, one of the world’s leading cryptocurrency exchanges, has reportedly captured 30% of spot volume market share totalling $490 billion in March, 15% increase from the month prior. In March, @Binance spot market volumes reached $490bn, a 15.7% increase from the month prior. Florian Giovannacci, head of trading at Covario, the Swiss based digital asset prime broker Moreover, according to Cryptocompare’s data, Binance’s retained dominance in March is just marginally below its record market share of 34% that was reached in November 2021. After six straight months of decreased volumes, Binance’s derivatives volumes finally increased in March.
Article source bitpinas
Topic 25
Grayscale Investments Plans European Expansion
Grayscale Investments, the world’s largest digital asset manager, is expanding into Europe. “ We’re going to be very thoughtful, very methodical about each of the financial centers and financial hubs that we ultimately launch in,” said the CEO. Grayscale Entering Europe The world’s largest digital asset manager, Grayscale Investments, is getting ready to expand into Europe, CEO Michael Sonnenshein told Bloomberg Tuesday.
Article source blog.buyucoin
Topic 26
Telegram introduces crypto payments using TON Foundation’s native token Toncoin
Telegram has added a new crypto feature that allows its users to send Toncoin (TON Foundation’s native token) to each other. In a nutshell, the TON Foundation is Telegram’s blockchain project. After rolling out the Toncoin crypto payments feature on Telegram the TON Foundation said via a tweet that people will no longer need to enter long cryptographic wallet addresses when sending and receiving cryptocurrencies and then wait for confirmations.
Article source coinjournal.net
IMF’s Deal Does Not Seek to Discourage the Use of Bitcoin, Says Argentina
The Central Bank of the Argentine Republic (BCRA) clarified that the mention made of cryptocurrencies in the Memorandum of Economic and Financial Policies signed by the government with the International Monetary Fund (IMF) recently, is not the axis of the program that will be implemented. After the content of the document was revealed during its discussion in parliament, the Argentine crypto community made public its disappointment and rejection of the IMF request, while requesting a formal clarification from the government of Alberto Fernández.
Article source dailycoin
Topic 28
Bipartisan bill to give CFTC authority over exchanges and stablecoins
A bipartisan group of lawmakers in Washington, D.C., introduced an updated bill on Thursday to regulate cryptocurrency developers, dealers, exchanges and stablecoin providers, bringing them under the regulatory control of the United States Commodity Futures Trading Commission (CFTC). The DCEA would not affect the U.S. Securities and Exchange Commission’s (SEC) regulatory power over digital asset securities offerings but instead, classify cryptocurrencies that are not securities as digital commodities to be brought under regulation by the CFTC. Related: Self-regulatory organizations growing alongside new US crypto regulation Regulatory uncertainty has afflicted cryptocurrency businesses operating in the U.S., and in a release the co-sponsors of the bill said it would help with easing the prevailing uncertainty of the current rules, with Soto saying: “Regulatory clarity is critical for digital commodity markets to promote innovation and consumer protection. The bill will need to move forward to a hearing by the Agriculture Committee.
Article source cointelegraph
Crypto Exchange CEX.IO Named as Top 10 Safest Crypto Exchanges by CryptoCompare
Cryptocurrency exchange CEX.IO is named in the top 10 safest cryptocurrency exchanges by CryptoCompare – the independent global cryptocurrency market data provider, ranking ninth. CryptoCompare compared more than 150 global spot exchanges in the current market for a comprehensive assessment in terms of Know-Your-Customer (KYC) or trading risk, asset diversification, market quality, data provision, team/exchange, and security. The security issue of cryptocurrency exchanges has always been a matter of great concern and concern to investors.
Article source Blockchain.News, crypto-exchange-cex.io
Topic 29
Dogecoin Displays A Falling Wedge Pattern; Here’s What It Means
Dogecoin was struggling beneath its immediate resistance mark over the past 72 hours. Currently, Dogecoin has been moving between the price levels of $0.130 and $0.150 respectively. The price of Dogecoin is seen at the absolute end of the upper trendline, this could mean that the meme coin would finally flash signs of recovery. During a falling wedge pattern, bears temporarily take over the market as buyers lose vigour due to an increase in price briefly. Related Reading | Dogecoin Plummets As Investors’ Doubts After Musk Twitter Takeover Unfold Dogecoin Short Term Technical Analysis Short-term technicals for Dogecoin point at lateral price movement which sides with the falling wedge pattern. If the value hovered between -10% to -15% then short-term holders are considered to be experiencing a loss. It is to be considered that, the whole narrative could experience an invalidation if the broader market continues to display weakness.
Article source newsbtc
Robinhood in Trouble: Revenue Falls, Stocks Tank, Staff Fired
Robinhood announced that it will no longer be providing revenue guidance. Shares of the trading app have reportedly lost roughly 9% in after-hours trading. In detail, the company has seemed to miss Wall Street revenue estimates. Another point to note is that transaction-based revenue from cryptocurrencies, which has been an advantage for Robinhood in previous quarters, fell 39% to $54 million this quarter.
Article source coinquora
Topic 30
I am more interested in the future of Web3, says former Google CEO Eric Schmidt
The decentralisation of the internet has grabbed the attention of many people globally. He added that his interest in Web3 stems from the tokenomics used by most blockchain projects. The total cryptocurrency market cap lies around $2 trillion, down from the all-time high of $3 trillion recorded in November 2021.
Article source coinjournal.net
Topic 31
Flipkart Launches Flipkart Labs to Merge E-commerce Into Web3
Flipkart, the Indian e-commerce marketplace, announced launching its new innovative labs as a part of its plan to discover web 3.0 and Metaverse commerce using NFTs, virtual storefronts, play-to-earn, and other blockchain technologies. Jeyandran Venugopal, the chief product and technology officer of Flipkart, said: Flipkart has pioneered innovation in e-commerce in India and made it an integral part of our lives. Ravula stated that the company believes that these are the early days of the shift from Web2.0 to Web3.0.
Article source coinquora
Topic 33
Rough Waters Ahead For The US Dollar
A “paradigm,” as defined by Ray Dalio, is a period of time during which “Markets and market relationships operate in a certain way that most people adapt to and eventually extrapolate.” A “paradigm shift” occurs when those relationships are overdone, resulting in “markets that operate more opposite than similar to how they operated during the prior paradigm.” Prior to 2008, there were four such paradigm shifts, each identified by a material change in the Federal Reserve Board’s monetary policy framework in response to unsustainable debt growth. Unlike in past paradigms, the invention of bitcoin introduces the potential for a new monetary framework – a Bitcoin standard. However, as the economy reaches the later years of the cycle, inflation tends to increase and asset bubbles are formed. Historical Paradigm Shifts The first paradigm shift occurred in 1933 during the Great Depression when President Franklin D. Roosevelt suspended the convertibility of dollars to gold, effectively abandoning the gold standard. Nominal gross domestic product (GDP) averaged 6% growth, while inflation remained muted around 3.5%, despite very accommodative interest rate policies. However, government spending picked up in the 1960s to support social spending programs and to fund the Vietnam War. Before long, the government found itself saddled again with too much debt, rising inflation and a growing fiscal deficit. Like in the 1930s, abandoning the gold standard allowed the Fed to increase the money supply at will. He warned that the change in policy would allow interest rates to have “substantial freedom in the market,” subjecting it to more “fluctuations.” The federal funds rate subsequently began to increase and eventually exceeded 19%, sending the economy into a recession. When the dollar’s value declines, it can be exchanged for fewer units of gold. If the purchasing power of the dollar strengthens by 20%, the price for gold would decline to $1,667, allowing the buyer to purchase six ounces for $10,000 compared to five ounces from the first example. Not surprisingly, the outcome from implementing its new policy was consistent with history — a large increase in the money supply and a 50% devaluation in the value of the dollar against gold. Gold priced in USD from 1920 through the present However, this paradigm has been unlike any other in history. Despite taking unprecedented actions — four rounds of QE totaling $8 trillion of stimulus over the last 14 years — the Fed has not been able to improve its control of the broader economy. According to Austrian economist Carl Menger, the best form of money is that which is most saleable, having the ability to easily be sold in any quantity, at any point in time and for a price that is desired. Lastly, and most importantly, time refers to a good’s scarcity and its ability to preserve value over long periods. It is only a matter of time before bitcoin demonstrates its durability. Fundamentally, bitcoin is a superior monetary good compared to all of its predecessors. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.
Article source bitcoinmagazine
Topic 35
Cardano Hardfork Combinator Event Now Officially ‘Code Complete’
Cardano (ADA) has reached a major milestone in the development of its June Hardfork Combinator Event (HFC). Cardano (ADA) has recently reached a major milestone in the development of its June Hardfork Combinator Event (HFC). The upgrade will also drastically improve the developer experience for projects built on Cardano. Unfortunately, ADA’s price has not seen much change, even with the positive news for the ADA community.
Article source coinquora
Topic 36
GAIMIN Goes From Strength to Strength in Readiness for Its GMRX Listing
GAIMIN Goes From Strength to Strength in Readiness for Its GMRX Listing sponsored In readiness for the imminent listing of our crypto currency, GMRX, we want to explain our philosophy and strategy and answer a number of questions and address some misconceptions about GAIMIN. Through this marketing and the success of the esports teams, GAIMIN is generating significant global brand awareness of the GAIMIN brand and associated products and services. GAIMIN Gladiators has already won over $100k and the DOTA 2 team have recently qualified as 1 of just 18 participants in the ESL One tournament in Stockholm. GAIMIN’s approach is to incentivise users to utilise their earned GMRX within the GAIMIN ecosystem. When using earned GMRX for purchases, GAIMIN will reward the user in a number of ways – bonus GMRX, discounts on prices, enhanced NFT attributes for example. Creating a deflationary token allows token holders to retain a token with a real-world value through listing on exchanges whilst also creating value within digital ecosystems. However the problem with this approach is that these NFTs must continue to have utility and use or be associated with unique and collectable assets that people want to trade. This will enable a gamer to quickly build their in-game assets based on their participation in the GAIMIN network and their retention of GMRX (as opposed to converting to fiat or other crypto). In addition, GAIMIN also allows users to acquire NFTs through duration of participation in the data processing network, rather than hashrate contribution. GAIMIN is creating the world’s first interoperable NFT WIth blockchain and NFT technology embedded into games, GAIMIN is at the forefront of gaming technology development. No Gamer will be Left Behind GAIMIN will soon be listing its GMRX token on global exchanges. At the moment, the platform is only available for limited download. Over the next few years, GAIMIN’s strategy is to ensure we can support as many gamers as possible, irrespective of the performance of their device, irrespective of their location whilst improving the gaming experience for gamers and allowing them to retain and grow their investment in their gaming activities. Contact ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies.
Article source news.bitcoin
Topic 38
Why is BNB up by more than 4% today?
The cryptocurrency market has continued its slow recovery following its poor start to the week. The broader cryptocurrency market could end the week on a positive note, thanks to its latest performance. Hence, the news that Coinbase was listing Binance’s stablecoin served as the catalyst to push BNB higher. However, the resistance point at $435 should cap further upward movement in the short term.
Article source coinjournal.net
Topic 39
Top metaverse tokens that will take your earnings to the next level
Each of these tokens powers its own ecosystem and has potential for growth. Decentraland also saw numerous updates; on April 28, they announced that they are excited to attend and sponsor NFTxROADS – The NFT event in Spain . When we take a look at how the token performed throughout March, Decentraland (MANA) had its highest point of value on March 1 at $2.91, while its lowest was on March 15 at $2.23.
Article source cointext
A Deep Dive Inside The Metaverse
Mustafa has been writing about Blockchain and crypto since many years. These three aspects — a VR interface, digital ownership, and avatars — are still significant in modern metaverse concepts. However, there is another meaning of the metaverse that extends beyond the virtual worlds we are familiar with. Murali Reddy, Co-founder of Bullieverse says: “At Bullieverse, we are building an open world Metaverse on an unreal engine where our community can create and play games to earn rewards and NFTs. Users may not only possess NFTs, but also utilize them to play games. Their asset owners have the option to rent or lease their assets to others in the community. The Metaverse may also offer events and experiences for the community to enjoy and remember. Chief Growth Officer at Bullieverse, Arunkumar Krishnakumar also shared his thoughts: “Staking is a part of our product journey and will be launched right after token launch. Our token burning process will happen with several transactions that we are enabling on the metaverse.” However, this is a two-edged sword: players can only gain value and profit from games like Axie Infinity as long as the underlying cryptocurrency has significant worth in both the digital and real worlds. It will also be critical for governments to adopt their own approach if a significant section of the employable labor begins to migrate to the metaverse. Conclusion Given how profitable P2E gaming has proved to be, it is unsurprising that a big section of the workforce in countries such as Indonesia and the Philippines (where Axie has a major presence) is foregoing secure jobs/careers in favor of playing games on Axie. The metaverse’s play-to-earn game model is an emerging business in which users may monetize the amount of time they spend playing video games.
Article source coinpedia.org
McLaren enters metaverse space, launches McLaren Special Operations (MSO) LAB
British luxury car manufacturer McLaren Automotive has launched McLaren Special Operations (MSO) LAB as it ventures into the metaverse and Web3 space. According to the official announcement from McLaren, the MSO LAB is McLaren’s first step into the metaverse and it was created to “explore the future performance.” For more information on MSO LAB’s metaverse roadmap, go to https://t.co/pZbifp6QpH. — McLaren Automotive (@McLarenAuto) April 28, 2022 In the announcement release, McLaren Automotive’s Chief Marketing Officer, Gareth Dunsmore, said: “We have created a new way to interact with customers and fans in the Web3 universe.
Article source coinjournal.net
“Radio Caca (RACA) Is the Best Metaverse Token to Buy Below $0.01”
Prominent Cryptocurrency Analyst Kyle Portman of The VR Soldier, one of the leading crypto market websites, highlighted Radio Caca (RACA) as one of the best metaverse coins for investors to buy or keep an eye on. With a current market cap of $586 million, Radio Caca is the top 8th most-valued metaverse crypto coin,” according to Portman, continuing to say, “Radio Caca’s incredible supportive community and relatively high trading volume of over $69 million suggest a bullish sentiment for its RACA token in the coming months.” All this progress and attention around Radio Caca (RACA) is also driving the token’s listing on several exchanges. Event Period: 19:00, 21 April-24:00, 27 April, 2022(UTC+8) Details:https://t.co/z2j1b1d7Ui pic.twitter.com/CIDK5Lxy6K — FanBit (@FanBitOfficial) April 21, 2022 Disclosure: This is not trading or investment advice.
Article source nulltx
Topic 40
Panama Announces Crypto Adoption in its Final Stages
The project could go beyond regulating individual crypto investments. Aprobado en tercer debate el Proyecto de Ley No.697, que regula la comercialización y uso de criptoactivos, la emisión de valor digital, la tokenización de metales preciosos y otros bienes, los sistemas de pagos y dicta otras disposiciones. Silva further commented: This bill seeks for Panama to become a hub of technology innovation in Latin America In other news, the Central African Republic is now the second country to adopt cryptocurrencies. “
Article source coinquora
Topic 42
Top 3 Move-To-Earn Crypto Coins Gaining the Most Price This Week (DOSE, GST, MOOV)
Move-to-earn Crypto Coins are the new hype, following Metaverse, NFT, and play-to-earn projects. There are over a dozen move-to-earn tokens, each featuring a unique take on the new concept, rewarding users for various activities like jogging, walking, dancing, and more. Today we look at the top three move-to-earn crypto coins gaining the most price this week, ordered by seven-day price growth, lowest to highest. #2 Green Satoshi Token (GST) +79% Launched in March 2022, Green Satoshi Token (GST) is the primary utility asset for the leading move-to-earn crypto coin STEPN. Featuring a market cap of over $2.2 billion, STEPN is by far the leader for move-to-earn coins surpassing its competitors by a few orders of magnitude. STEPN is a Web3 lifestyle app integrating the popular move-to-earn model, providing players with rewards for jogging, walking, or running. You can buy GST on Huobi Global, Coinbase Exchange, Bybit, Gate.io, Raydium, MEXC, Orca, BitMart, CoinEx, etc. While the cryptocurrency already saw significant price growth this month, it wouldn’t be surprising to see further gains after the Dance feature release.
Article source nulltx
Topic 43
Senators Bragg and Lummis discuss crypto laws collaboration between US, Australia
Australian Senator Andrew Bragg has met with United States Senator Cynthia Lummis to discuss potential collaboration on cryptocurrency regulation between the two countries. Last year, he fronted the Senate Committee on Australia as a Technology and Financial Center (ATFC), which tabled 12 extensive regulatory proposals relating to taxation, decentralized autonomous organizations (DAOs) and company licensing. With the federal election set to take place next month, it is unclear if the act will be adopted if the opposition Labor party is voted in, given it has yet to provide a concrete stance on the crypto sector. I’m hoping that can be done, you know, quickly after the election.” Bragg also delivered a speech at the Accounting Business Expo in Sydney on Thursday, as he outlined his political parties’ intention to provide “good regulation” as opposed to stifling regulation: “Regulation which creates certainty while inviting the possibility of more innovation, including innovation which we cannot anticipate.
Article source cointelegraph
Crypto Law Collaboration Between Australia and The US: Here’s What it Includes
Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. The area of difference that may appear between the two friendly countries is an approach to launch a Central Bank digital currency. Bragg’s speech about accounting at the business Expo in Sydney outlines his political party’s intention to provide good regulation in opposition to stifling regulation.
Article source coinpedia.org
Panama Passes Law to Permit and Regulate Crypto Usage
In contrast to El Salvador, Panama is willing to regulate a wide range of cryptocurrencies including Ethereum (ETH), LiteCoin (LTC), Stellar Lumens (XLM), XRP, and more. In spite of Gabriel Silva claming that the new bill will help “develop the crypto industry to attract more investors and generate higher employment”, critics of the bill acknowledge that Panama was already on the EU’s list of tax havens, and a crypto-based payment system would help Panama get away with not going through due diligence processes, which are required by international organizations.
Article source dailycoin
Topic 46
OneSwap Prediction Goes Live: Become the Best Predictor & Win Incredible Prizes!
OneSwap, a decentralized trading platform, will launch a new feature called Prediction on April 29, 2022, and BTC/USDT will be the first prediction market where users can win prizes by betting on the price trend of BTC/USDT. The first round: Of the two participants, one bet 10,000 CET and won; the other bet 5,000 CET and lost. Winners: Initial Bet + Prize (the prize pool shared by the betting ratio, with the transaction fee subtracted) = 10,000+995,500*0.95/200=14,728.625 (CET)； Loser: 0; After the second round, the prize pool now contains 995,500*0.05+5,000=54,775 (CET) Exceptions: If all CET prizes in the prize pool are won, the game will be suspended, and the administrator will start the game after replenishing CET. In such cases, the bet of participants in the current round will be returned at the end of the round. Breaking the High DEX Threshold: OneSwap Launches “Predict to Earn” Over the recent years, CEXes and DEXes have always remained rivals. By gamifying this new feature, OneSwap allows most users to participate in Prediction with ease, which lowers the bar of the DEX and makes it more user-friendly.
Article source newsbtc
Best places to buy ApeCoin, which gained 13% in 24 hours
The price of ApeCoin has been rising steadily as voting on its DAO governance goes on. Top places to buy ApeCoin now As APE is such a new asset, it’s yet to be listed on major exchanges. Connect your wallet to the Uniswap DEX Head to Uniswap, and ‘connect’ your wallet to it. Almost two-thirds of all ApeCoin was allocated to the Ecosystem Fund to facilitate community-driven initiatives as voted on by DAO members. According to Crowd Wisdom, the outlook is positive (to an estimated 72%).
Article source coinjournal.net
Topic 47
SX Network Unveils Master Plan As It Rebrands, Expands, and Solves Governance Problem
Advertisement SX Network, a blockchain network built with a native prediction market protocol in its pursuit to become the dominant hub for crypto-based betting, has unveiled its new evolutionary strategy dubbed the SX Master Plan. However, the last step as unveiled via the master plan is to solve the governance problem.
Article source zycrypto
Topic 48
Dogecoin Ranks Most Widely Utilized Smart Contract Among Top BSC Whales
Dogecoin also ranks among the top 10 holdings of the top 100 BSC whales 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. Dogecoin’s trading volumes spiked amid whales’ utility, which placed DOGE among the most used smart contracts among the top BSC whales. Data provided by on-chain data analytics firm IntoTheBlock indicated a rise in the volume of on-chain Dogecoin transactions greater than $100,000, as the total worth soared to highs of $2.59 billion on April 25.
Article source u.today
Topic 49
Bitgert Price Shall Explode, Listed on KuCoin – The Largest …
Bitgert Price Shall Explode, Listed on KuCoin – The Largest Crypto Exchange The Bitgert price is expected to keep surging going forward, but why? Let’s find out Bitgert (BRISE) made a huge move after it got listed on KuCoin, the largest cryptocurrency exchange. Bitgert is now above all the new coins it was competing with and is yet to list on a major tier-1 exchange. The second way the KuCoin listing is going to skyrocket Bitgert is the huge market exposure. These are ways that Bitgert price will be impacted by this listing.
Article source analyticsinsight.net
Topic 50
This Could Ignite a Cardano(ADA) Price Breakout Above Consolidation and Surge More than 20%
A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Additionally, the trading volume at the press time has also slashed below $1 million which indicates the loss of traders’ interest.
Article source coinpedia.org
Topic 51
Web3 Data Ecosystem Pocket Network Adds Support for the Fantom Blockchain
The Web3 blockchain data ecosystem Pocket Network adds support for the Fantom blockchain, allowing developers to mint Fantom RPC endpoints for their applications directly from Pocket Portal, earning $POKT tokens.
Article source Blockchain.News
Fidelity Investments Adds More Than 12,000 New Jobs to Meet Customer Interest in Growing Areas Like Crypto
To address customer demands in growing areas like cryptocurrency and direct indexing, Fidelity Investments has created more than 12,000 job offerings to shape the future of financial services. Per the announcement: “The new jobs are across all job functions, particularly customer-facing positions (69 percent) and technology positions (14 percent) and represent one of many ways Fidelity makes significant investments back into the customer experience.”
Article source Blockchain.News
Topic 53
Choose Your Crypto Trading Platform Carefully, Advises HypeManAlex
From the common man to experts, few can fully explain what cryptocurrency is and what its future is. Diversify Your Portfolio HypeManAlex says that it is never a good idea to put all your eggs in one basket. Crypto staking might be the newest addition to the world of passive income. While it may not be as safe as several alternatives, if you want to enter the world of cryptocurrency, HypeManAlex says that it is something worth taking note of.
Article source outlookindia
Subsocial, a Kusama-based platform reimagining social networks for the Web3 era
Subsocial is an open platform that allows anyone to launch their own decentralized social networks and marketplaces. Based on Kusama, Polkadot’s canary chain, Subsocial enables developers to create decentralized versions of the social networks we’re used to while making them censorship-resistant and completely customizable. Aside from the easily calculable dollar cost of using social networks, users also pay with their time and emotions. Subsocial doesn’t want to suffer the fate of these platforms, which is why it made monetization one of its biggest priorities. Siman told CryptoSlate that the team was working on resolving the UX hurdles and barriers both in crypto in general and with Subsocial specifically. The team is now focused on growing its developer ecosystem and is working on getting third-party developers to build their own networks on Subsocial. Both Siman and his team are aware of the challenges that await them in the future. The choice to be a part of the Polkadot ecosystem has been a wise one, Siman says, as they see it as the basis for Web3—the internet of the future.
Article source cryptoslate
Topic 54
CoinEx Adopts an All-new Brand Slogan: Making Crypto Trading Easier
In December 2020, CoinEx adopted the brand slogan of “Where Innovative Digital Assets Gather”, which indicates that the platform’s growth strategy was to bring innovative, quality projects to users and help them capture the latest trends and seize new opportunities. As the gateway to the crypto space, the exchange will help more users complete each crypto transaction with ease and shatter the long-standing stereotype that the blockchain industry is inaccessible. On CoinEx, all users can have access to detailed blockchain know-how and all-inclusive guides to trading operations. The exchange plans to become the bridge connecting users and the crypto world. As the gateway to the crypto space, CoinEx aims to make crypto trading easier.
Article source newsbtc
OneFootball Raised $300 Million From Animoca Brands and Liberty City Ventures
The Germany-based soccer media company – OneFootball – raised $300 million to double down on its presence in the Web3 ecosystem. The American blockchain fund – Liberty City Ventures, the Hong Kong-headquartered Animoca Brands, and other investment giants led the financing. OneFootball’s Jump Into the Blockchain Universe OneFootball – a soccer media application that features live scores, statistics, and news – became the latest sports-related entity to dip its toes in the world of crypto. For one, the second-most successful team in Italy – AC Milan – partnered with BitMEX to release limited edition non-fungible tokens (NFTs).
Article source cryptopotato
Topic 55
Bitcoin Doesn’t Meet Requirements of Reserve Currency: Swiss National Bank Chairman
Chairman of the Swiss Central Bank stated that Bitcoin can hardly be a reserve currency Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Thomas Jordan, the chair of Swiss National Bank (SNB), stated that the institution will not be purchasing Bitcoin to hold as a reserve currency at the annual meeting of the bank today.
Article source u.today
Topic 56
Bitcoin Death Cross Around the Corner, BTC Price May Drop by 50% to Hit $25,000 Soon!
A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. A huge possibility of the BTC price shedding more than 50% arises as the Death Cross may be around the corner. It is been observed previously in 2015 and 2019 that whenever the event occurs in the 3-day chart, the price slashes by more than 50%. Whenever the Bitcoin hash rate increases, the computational power required to mine new blocks also increases. And in such cases, as fewer miners are available to mine, it may inversely impact the Bitcoin price in the coming days.
Article source coinpedia.org
Bitcoin Price falls below 40k, time to Buy BTC?
Bitcoin price was seen consolidating around $40,000 for quite a while now. Many investors started to feel wary about investing in cryptocurrencies. In this article, we look into the opportunity of buying Bitcoin at a price below $40,000, and try to assess where prices are headed towards. In figure 1 below, we plotted many important areas to consider. On the other hand, the current Bitcoin price might have broken the uptrend line. It would be a wise choice to wait for further confirmations regarding Bitcoin’s breakout or fakeout.
Article source cryptoticker.io
Topic 57
Crypto start-up Argent announces $40 million raise
The London-based firm seeks to make it easier for users to manage its non-custodial wallet offering Part of the funds will be invested in initiatives around DeFi and Web 3 One of the co-founders noted that the firm intends to address the scalability issue of its wallet Argent, the firm behind the eponymous smart wallet, on Thursday disclosed it had completed a Series B funding round that saw it raise $40 million. Two VC firms Fabric Ventures and Metaplanet led the fundraising, which also had participation from Index Ventures, Creandum and Paradigm. The wallet allows users to safely hold and securely transfer their crypto assets without using the conventional approach that requires them to remember their seed phrase. Particularly, the London firm wants to develop an all-encompassing application that will have support for DeFi and Web 3 and NFTs. Lesuisse, who doubles as the CEO, specifically noted that Argent plans to be the ‘de facto wallet for gaming.’
Article source cointext
Over the Reality, a leading metaverse platform announces token listing on Kucoin and IBCO-enabled burning
From 2021 till now, the metaverse concept has increasingly gained popularity and evidently has no plans of slowing down. In the latest news, Over the reality announces the listing of OVR, its native token, on Kucoin, a leading cryptocurrency exchange supporting over 600 cryptocurrency coins. Another important achievement for OVER on the path to mass adoption, an amazing onramp to facilitate the onboarding of users unfamiliar with direct blockchain interaction”. They’ve prepared a giveaway campaign containing a reward pool of 29,000 OVR (approximately $40,000) for the purpose of this celebration. Participation is divided into three main activity categories: Activity 1: OVR Airdrop for Metaverse Fan, Claim Your Share of the 5,000 OVR on KuCoin During the campaign period, users who complete the following steps will be qualified to claim a 25 OVR airdrop each: KuCoin users performed at least one trade of any KuCoin Metaverse projects from 00:00 on April 20, 2022, to 10:00 on May 5, 2022 (UTC); Have an OVR/USDT trading amount (buys + sells) that reaches 150 OVR. KuCoin reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. Therefore, the IBCO’s ability to absorb liquidity is the key to accelerated token burn.
Article source newsbtc
Portal Announces Partnership With Mintlayer in Paramount Push for Bitcoin-based DeFi
Advertisement Portal, a self-hosted wallet and real cross-chain Layer-2 DEX built on Bitcoin, has announced its partnership with Mintlayer, a Bitcoin sidechain technology that intends to make decentralized financial markets more accessible to the general public. Mintlayer will gain from the partnership because Portal’s DEX network will make its assets available to a bigger user base. It means that the Bitcoin protocol does not need to be upgraded to achieve any new functionality. Portal’s cross-chain DEX can help make multi-chain implementations more viable, allowing token issuers to take advantage of the unique capabilities of different protocols, including Bitcoin sidechains like Mintlayer, thereby plugging the entire web3 ecosystem to the most decentralized and valuable blockchain, and the world’s hardest money.” –
Article source zycrypto
MetaOps Announces a Strategic Partnership with ClipsDAO
MetaOps, the popular FPS game, recently announced a partnership with ClipsDAO. As the venture aims to maximize players’ gaming experience, offering them an in-game earning mechanism is its prime focus. The recent collaboration will see both projects leveraging each others’ expertise to expand their proposition in the play-earn and own economy. Known as a robust Solana marketplace, Fractal helped MetaOps access its launchpad for NFT and P2E games.
Article source cryptonewsz
Topic 58
Bitcoin price slow to react as US dollar rally stops at 20-year highs
Bitcoin (BTC) stayed rangebound on April 29 as a welcome retracement saw the United States dollar come down from 20-year highs. Source: TradingView Further tailwinds for BTC came in the form of Asian market trading, meanwhile, with the Shanghai Composite Index up 2.4% and Hong Kong’s Hang Seng managing 10% on the day in a broad comeback from earlier COVID-19-induced sell-offs. Related: $27K ‘max pain’ Bitcoin price is ultimate buy-the-dip opportunity, says research Those who bought in between $18,000 and the all-time highs of $69,000 — a significant chunk of the LTH base — are being forced to exit due to external forces, he warned. Every investment and trading move involves risk, you should conduct your own research when making a decision.
Article source cointelegraph
Topic 59
Goldman Sachs offers first Bitcoin-backed loan as Wall Street embraces crypto
Goldman Sachs has offered its first Bitcoin- (BTC)-backed loan, in a major step forward for institutional cryptocurrency adoption on Wall Street. Earlier this month, the firm also announced its involvement in a $400M funding round and partnership with Circle, the principal operator of the USD Coin (USDC) stablecoin. While overcollateralized crypto-backed loans have been a staple in the world of decentralized finance (DeFi) for some time, the crypto-collateralized loan is becoming an alternative method for institutions and governments looking to gain increased access to capital.
Article source cointelegraph
Goldman Sachs Offers Its First Bitcoin-Backed Loan
The move is a significant step for the investment bank as Wall Street continues to embrace digital assets. Goldman already has a crypto assets team and traded its first-ever over-the-counter (OTC) Bitcoin options in March, becoming the first major U.S. bank to do so, the report added. Damien Vanderwilt, co-president of Galaxy Digital Holdings, commented that accepting crypto assets as collateral is the next step beyond services such as wealth management, trading, and investment banking for Wall Street banks. Some months down the line, though, Goldman started changing its tune by hiring a crypto research team, publishing several bullish reports, predicting a $100K price tag for BTC, participating in funding rounds, and, perhaps most notably, filing for a bitcoin ETF.
Article source cryptopotato
Brave And Gemini to Offer Integrated Custodial Wallet
Brave And Gemini have taken a step ahead in their partnership by launching a new update for Brave Android App, v1.38, today for the users. Brave Rewards’ Android update is in addition to the already existing option of Uphold. Users will have to verify again with Gemini if they are pre-verified through the Uphold option. He added that the updated version of the Brave mobile application would enable customers to leverage the flexibility of connecting their Gemini account to Brave’s desktop and mobile devices. It has over 20 coins listed and more than 50 trading pairs available for the users to trade. Gemini is supported across the United States of America except in Hawaii.
Article source cryptonewsz
Topic 60
What’s In A Name? Ethereum Domain Name Sales Climb 2,300%
Ethereum domain name sales have shot up to a colossal 2,300% with many big names like Vitalik Buterin (vitalik.eth), Paris Hilton (parishilton.eth), and the like rushing into the hype of buying the 3-digit domain identities. ENS domains are three- to four-digit names that would end in “.eth”. It’s important to note that only ENS names can be registered to an ETH wallet. Crypto total market cap at $1.68 trillion on the daily chart | Source: TradingView.com Tuesday saw the massive uptick or surge in terms of sales at around $1.3 million in just 24 hours. Suggested Reading | Metaverse Tokens On Overdrive, Outpace Bitcoin And Ethereum The Elite Ethereum 10K Club Numeric ENS names have also been popular.
Article source newsbtc
Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine
Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine The government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in crime investigations. The government is yet to determine how much of the total will be sent to Kyiv, but in any case, the donation will represent a serious increase in Helsinki’s assistance for the Ukrainians. On Wednesday, Finland’s Minister of Finance Annika Saarikko confirmed the country will provide Ukraine with more than half of the money raised in the crypto sale which is expected to bring €70–80 million. What do you think of Finland’s initiative to share some of the seized cryptocurrency with Ukraine? It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice.
Article source news.bitcoin
KuCoin Launches 21st Spotlight Token Sale of Aurigami (PLY)
KuCoin releases its 21st Spotlight token sale of Aurigami (PLY) on April 29. Aurigami (PLY) is a decentralized, non-custodial, native money market in Aurora. Some of the key highlights of the project include an attractive valuation, blue-chip VCs backing, tightly managed PLY circulating supply, the chance to be part of a growing ecosystem, and an exciting roadmap. Users can participate in the initial token offering of promising projects and gain profits via KuCoin Spotlight. According to CoinMarketCap and CoinGecko, KuCoin is a top 5 crypto exchange.
Article source coinquora
Topic 61
VeChain can be used as payment in 2M stores — and VET bridged to BNB chain
Supply chain blockchain project VeChain has announced a new partnership with crypto payment services Alchemy Pay that will allow people to use its VET token as payment in over two million stores throughout 70 different countries. VeChain currently works with a diverse range of organizations to provide logistics and supply chain-focused tracking solutions.
Article source cointelegraph
VET 24H Chart Forms Death Cross, Signaling Short Term Bear Market
VeChain (VET) is down 1.60% in the last 24 hours according to the crypto market tracker CoinMarketCap. Death Cross formed for VET earlier in the year (Source: TradingView) The weekly chart also shows a bearish Death Cross taking place much earlier in the year around January 22, 2022.
Article source coinquora
Treasures of Cryptocurrency: Calyx Token (CLX), Solana (SOL), and VeChain (VET) are the New Gold Mines
When we talk about cryptocurrency treasures, some newbies may not understand what we mean. Cryptocurrency is known as a digital tender that is somewhat decentralized and created on the blockchain technology platform. Calyx Token (CLX) Calyx Token is becoming a huge cryptocurrency treasure. Solana (SOL) As we’ve seen from reports, Solana (SOL) NFT marketplace has started to see a considerable income stream from the third quarter of the year. It’s indeed a win-win situation for investors, users, and developers, as Alchemy Pay’s payment channels will bring vast worldwide accessibility to the VeChain (VET) network.
Article source cryptonewsz
Topic 62
FRAX Launches on Terra with Retrograde Partnership
Retrograde brings the first FRAX tokens to the Terra ecosystem in the search for long-term and sustainable partnerships. This new partnership with the stablecoin protocol was closed to bring deep liquidity to the Blockchain. With this addition, Astroport intends to become the Curve of Terra, a rapidly growing DeFi powerhouse. Moreover, it will allow the team to closely analyze the adoption of “the highly scalable, decentralized, algorithmic form of money” in the ecosystem.
Article source cryptonewsz
Topic 63
GMT and APE Carrying Cryptocurrency Market as Total Volume Reaches $6.2 Billion
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. Ads The most recent price performance of GMT also does not signal a reversal as the asset is down by only 13% and is yet to face the first support levels, which may act as a foundation for a further rally.
Article source u.today
10 Benefits of Cryptocurrency Trading in India In 2022 | Why Trade-In Crypto?
Want to know the top 10 benefits of cryptocurrency trading in India – Let’s start When we talk about the digital era there are 4.5 billion internet users around the globe with 3.8 billion people on social media. According to 2021 statistics, while bitcoin only returned 59.8 per cent last year, the total market valuation of the crypto industry increased by 187.5 per cent, with many of the leading cryptocurrencies generating four- and even five-digit percentage gains. Market hours for cryptocurrencies Because there is no centralised market control, the cryptocurrency trading platforms in India are normally open for trading 24 hours a day, seven days a week. However, there may be outage periods, while the market adjusts to infrastructure changes, sometimes known as ‘forks.’ In general, the cryptocurrency trading platform is seen as illiquid since transactions are scattered among numerous exchanges, implying that comparably minor deals can significantly influence market values. Easy Transactions Crypto transactions are simple, low-cost, and more secure than most other types of transactions. You can add money through upi or bank transfer to buy cryptocurrency and withdraw in the same account. Immense Returns In Crypto Market It’s no secret that Bitcoin has outperformed all other assets over the last 12 years. The government has recommended that any virtual/cryptocurrency assets transfer be taxed at 30%. As a result, a new mechanism for taxing such virtual digital products has been suggested in the Bill.
Article source blog.buyucoin
Panama Passes Law to Regulate Cryptocurrencies
In a plenary session, the Panama Legislative Assembly passed a measure to regulate crypto use in the country. The bill’s specifics were first revealed on Twitter, according to Congressman Gabriel Silva’s post. Esto ayudará a que Panamá se vaya consolidando como hub de innovación y tecnología de America Latina! Despite having established a framework for the use of bitcoin and other cryptocurrencies as payment methods in the Panamanian economy, the nation has yet to make bitcoin legal money in El Salvador and the Central African Republic.
Article source tronweekly
Topic 64
Ripple Website Design Goes Through “Extreme Makeover,” Featuring Ripple Liquidity Hub
Fintech giant’s website has rolled out a brand new upgrade, shifting focus from what the previous version showed Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Ads Changes have also touched the customer section of Ripple’s website. The Liquidity Hub will provide enterprises with access to crypto exchanges, market makers and OTC desks and let them conduct operations without having to ensure pre-funding, long integrations and other hurdles.
Article source u.today
Topic 65
Hyped GameFi Project DeFi Kingdoms Down 90% Amid Unlock Exploit
Key Takeaways DeFi Kingdoms’ JEWEL token is down more than 90% from its January all-time highs. Additionally, a recent exploit impacting the speed at which players can unlock their locked JEWEL has also affected the token’s price. In the past 24 hours, JEWEL has fallen another 21%, to a local low of $2.25. DeFi Kingdoms is not alone in this respect; several other play-to-earn games such as Axie Infinity and Crabada have also suffered an exodus of players and activity in recent months.
Article source cryptobriefing
Topic 66
CropBytes Games Celebrates a Milestone Unheard of, ‘4 Years of Sustainable Web3 Gaming’
For a gaming community to complete 4 years in the crypto gaming industry is a remarkable achievement to say the least. CropBytes was launched during the 2018 bull run, and the team’s strategy and agility towards changing market scenarios and needs of the community have enabled the game to sustain and grow over the years. Focusing on economics, the team reworked their approach, knowing that an only NFT game will not survive the following bear market. This tremendous influx of gamers presently accounts for about 45% of all active users, and growth is still being experienced even now. – Siddharth Menon, Founder Tegro CBX token is CropBytes’ metaverse token. CropBytes team has run the game for the first 3 years and built an established community with TRX, aother popular token. Starting a ‘crypto farm’ entails more than just growing digital crops and raising animals, since the project’s major goal is to be at the heart of the cryptocurrency gaming revolution with its inherently constructed game economy. The global community of believers consists of gamers from Philippines, Thailand, Indonesia, Venezuela, Russia, Brazil, Vietnam, Argentina, Spain, India. Today the game is far more diverse, immersive, rewarding, and collaborative…. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Article source blog.buyucoin
YGG SEA Joins Forces With Solana Ventures to Boost Game Development in Southeast Asia
Advertisement YGG SEA has signed a new relationship with Solana Ventures, Solana Labs’ investment arm, which will help the Yield Guild Games subDAO expand its activities in Southeast Asia. This would hasten the development of games and product launches in Southeast Asia, which has 225 million gamers and e-sports aficionados. YGG SEA’s partnership with Yield Guild Games and its team of gaming industry experience puts the subDAO in a unique position to provide the region’s most exciting and engaging games while also assisting local players in taking advantage of the play-to-earn game model.
Article source zycrypto
YGG SEA, Solana Ventures Raise $500K To Disrupt SEA Blockchain Gaming
YGG SEA and Solana Ventures will provide resources and training to blockchain game devs in the region. Southeast Asia is one of the largest blockchain gaming hubs in the world. The deal will put YGG in a position to further serve the region’s gaming community. Evan Spytma, CEO and Co-Founder of YGG SEA said that the “demand for play-to-earn games is higher than ever, especially in Southeast Asia’s countries.”
Article source coinquora
Topic 67
Ethereum Trades Below $3,000 Support, Why Is ETH Falling Since November?
Ethereum has been on quite the journey, from splitting to creating its market presence within a few years. With the crypto market still uncertain, buyers have made various attempts to breach Ethereum’s $3,600 level. ETH is in high demand at $2,400 levels, and there is a good chance that demand will increase even more in the coming days. Since April 2022, the candlestick pattern when ETH 200 DMA failed to cross-resistance has a profit booking in free fall, stability, and more profitability bookings. This seems to be due to concerns about the influence of Elon Musk on the crypto market. Related Reading | Bitcoin Trades Above $40K Once Again, Will This Time Be Different?
Article source newsbtc
AI-Generated NFT Collection to Preserve Ukrainian Art and Offer Humanitarian Support
Through a global coalition of advocates, digital innovators, artists, and educators, an AI-generated NFT collection has been established to conserve Ukrainian art and raise funds for humanitarian aid. Dubbed MINT FOR UKRAINE, the non-fungible token (NFT) collection of one million artworks is seen as a stepping stone toward keeping Ukrainian culture in the history books. When we pair these ideas with a global cultural crisis, art has the ability to cause change on a scale we’ve not yet imagined.”
Article source Blockchain.News
Topic 68
India’s Decision on Crypto Regulation Will Not Be Rushed, Says Finance Minister
India’s Decision on Crypto Regulation Will Not Be Rushed, Says Finance Minister Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be rushed. “ However, the finance minister also emphasized that “it also can be manipulated for not so desirable ends — whether it is money laundering or leading to financing terror.” While the Indian government is working on the country’s crypto policy, crypto income is taxed at 30%. Kevin Helms A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. 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
India’s Decision on Crypto Regulation Will Not Be Rushed, Says Finance Minister
Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be rushed. “ Finance Minister on Indian Crypto Regulation India’s finance minister, Nirmala Sitharaman, discussed cryptocurrency regulation Wednesday at a fireside chat organized by Stanford University School of Medicine. However, the finance minister also emphasized that “it also can be manipulated for not so desirable ends — whether it is money laundering or leading to financing terror.” While the Indian government is working on the country’s crypto policy, crypto income is taxed at 30%.
Article source blog.buyucoin
62% Of Brazilians Consider Crypto To Be The Future Of Finance – Report
Advertisement According to a report by crypto exchange Kucoin, over half of the Brazilian adult population believes in crypto taking over as a store of value and means of payment in the future. The report further revealed that 34.5 million Brazilians, which represent 26% of the population aged 18 to 60 have operated cryptocurrencies in the past six months. Advertisement A majority of crypto investors in the South American country expect to make high returns from crypto in the long term with others just looking to improve their living conditions.
Article source zycrypto
Why Crypto Investors Watch These Coins: Logarithmic Finance (LOG), Monero (XMR) and Stellar (XLM)
Logarithmic Finance (LOG), a new cryptocurrency project that is currently in stage 1 presale, aspires to revolutionize the DeFi (Decentralised Finance) landscape by offering an optimal environment for both innovators and investors. The platform’s goal is to accommodate numerous blockchain networks, allowing innovators to raise funding on the platform of their choosing.
Article source dailycoin
Topic 69
Tezos (XTZ) Price Long-term Forecast for 2022 – 2030
Article source changelly
These Altcoins May OutPerform Bitcoin in the Short-Term! Is it the Good Time to Hold?
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. And hence if it re-enters the pattern, it may hit the lower support close to $20 before undergoing a massive rebound. Despite multiple attempts to halt the descending trend, yet price appears primed to hit the lower support around $3.28.
Article source coinpedia.org
Short Term Bearish Trend for MANA Likely Following EMA Break Away
MANA, Decentraland’s native cryptocurrency token, is down in the last 24 hours. The metaverse token is down 2.13% in the last 24 hours, and is also 14.29% in the last 7 days. MANA, Decentraland’s native cryptocurrency token, is down in the last 24 hours according to CoinMarketCap. Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora.
Article source coinquora
Topic 70
Bitcoin Rejected at $40K, Nexo Soars 15% on Binance Listing (Market Watch)
Bitcoin tried its hand at $40,000 yesterday but was quickly stopped in its tracks and now sits below it. CryptoPotato reported yesterday the recent high fluctuations that started on April 25 when bitcoin challenged $41,000 but was violently rejected. It reacted somewhat positively to this price decline and bounced off to just under $40,000. Start receiving this recap, for free, every day: Invalid email address Your privacy is guranteed. Nexo is another impressive performer following a listing on Binance.
Article source cryptopotato
Nexo is up 14% on news of a Binance listing: here’s where to buy Nexo
Binance will list NEXO today at 10:00 UTC, which is when trading will open for NEXO/BTC, NEXO/BUSD, and NEXO/USDT pairs. If you want to know what Nexo is, can it give you good returns, and the top places to buy Nexo, you’ve come to the right place. You can still purchase NEXO using a DEX (decentralised exchange) though, which just means there are a few extra steps. Nexo price prediction Wallet Investor expects a long-term increase, predicting Nexo will be worth $7.4 in April 2027.
Article source coinjournal.net
Cryptos mixed, Nexo rallies on Binance listing
Notable gainers are Nexo and SKALE Network, whose SKL token added 12% to its value. Top cryptos Bitcoin remained flat in the last 24 hours, trading for $39,500 at the time of writing. The team believes in forming a balanced universe where players of different levels can provide each other income opportunities while having fun at the same time.
Article source coinjournal.net
Topic 71
MobileCoin adds 47% to its value on Binance listing announcement: top places to buy MobileCoin
The world’s biggest exchange by trading volume is officially listing MobileCoin (MOB) at 10:00 (UTC) today, which is just 30 mins from now at the time of publication! Last but not least, the platform is environmentally friendly, providing intuitive security at scale without electrical waste. Their prediction is as follows: 2022: $6.47 – $7.59 2023: $7 – $8 2024: $6.50 – $10 2025: $9.11 – $11 MobileCoin on social media
Article source coinjournal.net
Topic 72
7 in 10 Retail and Institutional Investors Plan to Buy More …
7 in 10 Retail and Institutional Investors Plan to Buy More Crypto, Bitstamp Survey Finds Source: AdobeStock / Nuthawut Most investors plan to spend more on crypto in the next five years, a new survey has found – with both retail and institutional investors looking to delve further into the sector. Most said this will become the case within the next five years, with almost 15% of retail investors opining that crypto was “already mainstream.” In comments shared with Cryptonews.com, Alex Adelman, the CEO and co-founder of the crypto rewards program Lolli, stated that bitcoin (BTC) has “reached a new phase of mainstream adoption,” with companies and countries now “integrating bitcoin without waiting” for the token’s “price to skyrocket.”
Article source cryptonews, etail-institutional-investors-plan-buy-more-crypto-survey-finds.htm
Whales Holding 1.19 Trillion SHIB Buy Trendy Coins, But This Investor Sticks to Shiba
Top whales that hold a massive amount of Shiba have decided to add other tokens to their portfolios, while another investor grabbed 60 billion SHIB 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. Two whales that hold almost 1.2 trillion SHIB tokens together have purchased a few other trendy coins to add to their portfolios. He has made three transactions, buying roughly 167.6 million APE worth $3.6 million.
Article source u.today
Dexcheck: Giving Investors Access to Reliable Data Across Dexes and the Nft Market
The last leg of the bull run in 2021 led to an unprecedented rise in trading volumes on DEXs and increased investments into NFTs. On the flip side, we witnessed whales cashing out mouth-watering figures as profits from their investments. With this feature, users can identify the most promising NFT projects, get in early, and keep track of their performance and prices over time. Only users who hold specific amounts of the token will be able to participate in the platform’s governance. Join DexCheck’s Presale Whitelist Competition here: https://givelab.com/presale/dexcheck-ido-whitelist-competition About DexCheck DexCheck is an all-in-on data analytics platform that aggregates relevant data across Decentralized Exchanges and NFT projects to help users surface the signal from the noise and take advantage of the data to make better-informed investment decisions, in order to maximize their profit potentials. With DexCheck it becomes easier to predict crypto/NFT pricing trends based on accurate market patterns informed by its cutting-edge data analytics tools. CoinQuora does not, and will not endorse any information on any company or individual on this page.
Article source coinquora
Topic 73
SX Network Closes $9.5 Million Funding Round led by Hack VC and Polygon founder Sandeep Nailwal
Contact me: email protected The financing round was led by crypto venture fund Hack VC with several other investors in this round, including funds CMCC Global, Nascent, FJ Labs, and several prominent crypto angel investors including the founder of UMA Hart Lambur, and Betfair Co-Founder Josh Hannah, among many others. The platform is specifically engineered to scale betting, decentralized finance (DeFi), and non-fungible token (NFT) applications with over 20 such projects set to launch on the network. With over $100 million of these trades taking place in the last six months, SX.Bet is the largest blockchain-based prediction market in the world. Finally, SX has a rapidly growing ecosystem of developers, with 25 different 3rd party teams building protocols and apps on SX Network.
Article source coinpedia.org
Topic 74
Kraken Daily Market Report for April 28 2022
Overview Daily spot trading volume: $806.8 million, 30 day average spot: $777.2 million. ↑1.5% $2.14K KINT $11.92 ↓0.25% $1.78K BOND $6.8 ↓1.3% $1.63K POWR $0.4756 ↓0.16% $1.53K TRIBE $0.4978 ↑0.11% $1.22K #####################. Daily Returns. ################################################# The total volumes and returns are calculated over the reporting day using UTC time.
Article source blog.kraken
5 Best Dex Coins To Buy For High Profits – April 2022 Week 4
Decentralised exchanges (DEX) have risen as a strong alternative to traditional crypto networks. The protocol has recorded outstanding performances since its launch. The remarkable performance of Lucky Block makes it one of the best dex coins to buy for high profits. Uniswap also uses a formalised model for pooling liquidity reserves. The protocol is committed to delivering free and decentralised asset exchange. Furthermore, the widget includes several opportunities, including wrap assets, seamless swap of tokens, and being a part of a community or decentralised autonomous organisation (DAO). Users can add crypto assets to different liquidity pools and earn fees afterwards. The platform is a great place to exchange stable coins due to its low fees and low spillage Recently, Curve introduced its Layer 2 protocol known as cCRV. It searches across over 50 liquidity sources on Ethereum, over 20 on Binance Smart Chain, and over 8 on the Polygon network to get the most suitable transactions for its users. Also, 1icnh is a next-generation automated market maker (AMM). Recently, the network disclosed that it had expanded its DeFi space to the Fantom blockchain.
Article source insidebitcoins
5 Cryptocurrency to See Price Boom This Weekend – Where to Buy April 2022 Week 4
Its total cap of $1.9 is up by 2.7% in the last two days, but down by 3.5% in the last seven. All holders will also receive an equal share of 10% of each jackpot fund. While current LBLOCK holders have been waiting patiently for the first main draw to take place, Lucky Block has taken important steps towards launching. This is why we’ve included it in our list 5 cryptocurrency to see price boom this weekend. It’s also up by 4% in the last hour, 59% in the past week, and 86% in the past fortnight. As such, it may be resuming its rally, which has continued more or less unbroken over the past week. OthersideMeta (@OthersideMeta) April 25, 2022 As the governance token of the ApeCoin DAO, APE is primed to continue rising in the longer term. The community has been hard at work proposing new ideas in the form of AIPs to guide the direction of the DAO. Nexo (NEXO) NEXO is $2.42 today, meaning it has risen by 11% in the past 24 hours. This listing has greatly increased liquidity for NEXO, transforming it into a bigger, more stable market. Along with most of the market, ETH isn’t having a great time at the moment. This means they tested how the merge will play out once it happens in a few months, with this testing being one of the last steps on the road to the full merge. Bitcoin (BTC) At $39,252, BTC is down by 1.4% in the past 24 hours and by 3% in a week. Following in the footsteps of El Salvador, as well as Russia indicating that it may accept BTC as payment for energy, more nations may begin using BTC in various ways.
