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Crypto Daily #13

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Topic 0



Opera browser enables direct access to BNB Chain-based DApp ecosystem

Opera browser enables direct access to BNB Chain-based DApp ecosystem

Crypto-friendly browser Opera integrated BNB Chain, a decentralized blockchain ecosystem formerly known as Binance Smart Chain, to enable BNB Chain-based decentralized apps (DApps) on Android, iOS and desktop versions of its Crypto Browser. Related: Opera Crypto Browser is now available on iPhone and iPad While commenting on the latest development, 5ire’s founder and CEO Pratik Gauri told Cointelegraph that the browser company had “the foresight back in 2018 to begin building their product in compliance with Web 3.0 standards.”

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cointelegraph






TA: Bitcoin Price Breakout Suggests A Short-term Trend Change

TA: Bitcoin Price Breakout Suggests A Short-term Trend Change

Bitcoin gained pace above the $39,000 resistance against the US Dollar. There was a break above a major bearish trend line with resistance near $38,475 on the hourly chart of the BTC/USD pair. On the upside, bitcoin price is now facing resistance near the $40,000 level. The next major support is seen near the $39,000 level (the recent breakout zone).

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newsbtc






Joe Rogan: Bitcoin Is Now a Viable Currency and the Government Is Freaking Out

Joe Rogan: Bitcoin Is Now a Viable Currency and the Government Is Freaking Out

Joe Rogan: Bitcoin Is Now a Viable Currency and the Government Is Freaking Out Joe Rogan, the host of The Joe Rogan Experience, likens bitcoin to the early internet. Noting that the government “didn’t see it coming,” he said: Now it’s a viable form of currency. The popular podcaster believes that there will be a time when the government will introduce a centralized digital currency, similar to what China is doing. 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.

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news.bitcoin






Arthur Hayes Asks Court Not to Send Him to Jail

Arthur Hayes Asks Court Not to Send Him to Jail

Former BitMEX CEO Arthur Hayes is asking a Manhattan federal judge for a sentence without incarceration. In February, Hayes and co-founder Benjamin Delo pleaded guilty to one count of violating the Bank Secrecy Act. The court, however, blocked the government from presenting this “highly inflammatory” comment during hearings, concluding that it was just a joke. Despite his looming incarceration, Hayes remains active in the crypto community, recently predicting that the price of Bitcoin could hit $1 million.

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u.today






Is Neo the one? The misconceptions of the Neo Smart Economy

Is Neo the one? The misconceptions of the Neo Smart Economy

The Neo blockchain has recently launched its latest update, Neo 3, which it refers to as “the most feature-complete blockchain platform. Neo 3 and its features The new version of the Neo blockchain contains several new features that allow it to make such a claim. New features include improved blockchain interoperability, increased transaction rate, lower gas fees, Neo Virtual Machine smart contracts, inbuilt oracles, and file storage. While an NFT can exist on chains such as Ethereum, the video and image content is often kept on IPFS or centrally stored platforms such as AWS. Details on how exactly the in-built oracles will protect projects from such exploits are something that Zhao said is best to come from the developers themselves. This is something that Zhao does not believe is a fair assessment of Neo in its current state. Through NFTs, crypto is “penetrating the mainstream marketing” according to the Neo direction.

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cryptoslate






Wilderness – MMORPG Adventure Arrives in the Heart of Decentraland

Wilderness – MMORPG Adventure Arrives in the Heart of Decentraland

From tiny acorns do mighty oaks grow, and from a single seeded idea a mighty MMORPG has flourished in Decentraland, bringing with it the opportunity for vanquishers of mythical foes to ply their trade in the metaverse, and yield tangible rewards for their efforts. To start earning, gamers just need to jump into Decentraland and begin mercilessly destroying their opponents in the magical arena. Later, Wilderness will look to introduce a 100% decentralized DAO governance system. Connect with NFT Plazas Join the Weekly Newsletter Join our Discord Follow us on Twitter Like us on Facebook Follow us on Instagram *All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only.

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blog.buyucoin






Bitcoin Will Use Energy And It Doesn’t Need To Be Renewables

Bitcoin Will Use Energy And It Doesn’t Need To Be Renewables

The below is a direct excerpt of Marty’s Bent Issue #1203: “Do not cede the frame. As you freaks may know, I believe many in the North American bitcoin mining industry are making a long-term strategic mistake in their attempts to appease the climate hysterics of the world by pointing to the fact that many bitcoin miners leverage renewable energy and that it will help “phase out” fossil fuels over time. I highly recommend you peep the conversation and think hard about how detrimental ceding the frame to these people can be in the long-run.

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bitcoinmagazine






Professional Wrestler Summer Rae Is Bullish On Bitcoin

Professional Wrestler Summer Rae Is Bullish On Bitcoin

Watch This Episode On YouTube Listen To The Episode Here: Don’t miss another live taping of “Bitcoin Bottom Line” from the Bitcoin22 Miami Conference! In addition, they talk about bitcoin mining energy efficiency and how it can work in terms of utilizing energy in off-peak hours or in the example of the Texas power grid, how bitcoin mining solidifies the energy base. The trio goes on to discuss dollar-cost averaging, wrestling, athletes accepting paychecks in Bitcoin and more.

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bitcoinmagazine






A Conversation About The Controversy Surrounding BIP119

A Conversation About The Controversy Surrounding BIP119

This is a recording of a recent Twitter Spaces conversation about BIP119 (OP_CTV). If you would like to submit an opinion about BIP119, please email Bitcoin Magazine. If the proposal is sort of coherent and relevant to Bitcoin, the BIP editor will assign a BIP number and also might make requests for editing or make the document more clear, and then the document will be assigned a BIP number and the pull request will be merged into the repo. The main purpose is so that when people go to implement a change, they’re going to add it to Bitcoin core, maybe wallets are going to support it, then everybody knows, sort of, what the change is and what it contains. You have a set of some number of outputs that you control and an output has some value in satoshis and it also has spending conditions, the conditions under which that output can be spent. The spending conditions are encoded in something called Bitcoin Script, which is a very simple programming language. So, one of the simplest forms of a condition is the transaction that spends this output must be signed by this public key. So, finally getting to BIP-119, what BIP-119 does is it redefines one of these opcodes that does nothing, and it basically says, take the transaction that is like under consideration and hash certain parts of it. So, it takes the current transaction and it takes all these bits of it and hashes it, and then it requires that that hash match some pre-existing, some hash that’s been encoded in the spending script. The name OP_CTV stands for OP, which is operation or opcode and CTV is Check Template Verify. 6:48 Mark: So, let’s get into that a little bit and I know Jeremy just joined, which is awesome. We’re going over the very basics so feel free to jump in and correct us at any point. I kind of like the word Template because it’s a little bit more friendly and, to me, at least, it’s a little bit more evocative of what the opcode is actually doing. So, a very simple covenant is the sort of spending condition that I described before. Where, for example, you can only spend if you provide a signature, with some public key. And so the idea is that the coins are in the vault and you can move them to your spending wallet, but it’s going to take some time and at any time while they’re moving to your spending wallet, you can, sort of, claw them back into cold storage. So, there are ways to incentivize the miners to include one transaction over another. The whole notion of a covenant is that it’s restricting the future spending conditions when you go to spend the existing output. I don’t think I’ve thought about what the precise definition of a covenant is, but I can definitely see where you’re coming from. 13:08 Mark: Speaking in that field right there, one of the often-discussed features of OP_CTV is the time-locked release of funds with an example, sort of being like at the beginning of the month for rent, you can get a set amount of satoshis sent to an accessible wallet, which gives you the ability to still access when you need it knowingly but then also– crosstalk 13:36 Casey: Jeremy, I think your connection is kind of bad. Robot Jeremy, can you put regular Jeremy on the phone with us? It just commits to creating them in the future and the advantage of doing this is that this initial transaction that commits to paying all the users is very small. Unless that original transaction is reorg out of the blockchain, it is literally impossible for the descending transactions to not eventually get mined because that originally committed output is only spendable through those predefined transactions. And I think it’s one new class of something in a space of like, a lot of things that can happen like that but it’s as guaranteed as anything if you have the information available to you at the time that you’re able to estimate that you can receive that fund in the future. I mean or if it got insanely high, like, fees just skyrocket and you’re never willing to pay the fees to get it mined. So, for all the transactions in a congestion control tree unfurling, that fee is locked in. 28:12 Casey: I think it’s also just worth underlining how simple OP_CTV is. 29:33 Mark: Do you think kind of going off that, this would be a good time to define what a recursive covenant is versus not recursive covenant? 31:57 Shinobi: Well, I was just getting my knife sharp, Mark. And it can be a lot more beneficial than just a normal withdrawal tree because once that initial output is confirmed, you can effectively treat those lightning channels as open and you can use them because, eventually, that tree of transactions is going to unfurl, unchain, and all get confirmed. If Bitcoin froze where it is right now then the reality is 95% of people on this planet are going to be using custodians, they’re not going to be able to solve custody of their own coins, and that’s just the harsh reality. Bitcoin just has all of these different stakeholders, it has users, it has developers, it has miners, it has exchanges, it has services, it has custody providers, it has all sorts of people doing all sorts of crazy things. And so that means that like, yeah, you sort of have to get this broad nebulous consensus of enough people and enough stakeholders, and if any one stakeholder, and by stakeholder, I don’t mean individuals. It’s literally a mob of people currently engaged in a mindless thing in one direction and in order to change Bitcoin, you have to get up there and convince the mob to do something else without getting skewered alive, yeah, and that’s just how that works. I maybe interested to get my thoughts because it seems like a lot of the objections currently, I know we haven’t really talked about controversy in this talk about controversy, but it’s about technical consensus in the idea that CTV doesn’t have technical consensus. In the same way, every software has some reason why it really shouldn’t happen. It was just, “Oh, well, maybe I’d want something else in a couple of years,” and that’s not rival with CTV. And what happened, in this case, I believe, is a bunch of middle manager technical experts popped up saying, “This does not have technical consensus. This does not have technical consensus,” without even really defining exactly what that means. It is entirely about substantial material criticism and whether that criticism has been able to be addressed or not. And I have not seen any valid criticism against CTV except we can do better. And if that’s the whole argument, well, then that brings up the whole question of – well, how long do we sit around and wait? crosstalk 45:32 Shinobi: Do you think that’s not a negative? So, I think, in your definition of technical consensus versus product consensus, the line to me seems to be technical consensus is – can we agree that this new change does no harm, right? CTV does those both fine, there’s working code for both of them in CPO, but I do think we’ve released– that has successfully been shifted to where it’s like covenants are good. So they cannot pay you to that address without using your script, which means that you specify, which means they cannot stick OP_CTV in there without making it essentially paying to a different address which is not the address you gave them. Let’s think about it more,” is precisely because there’s a worry about introducing some of these really sophisticated complicated things that have a massive social risk for what Bitcoin will look like. And then almost universally, there is technical consensus among the technical wizards that we should have full-blown, pie-in-the-sky covenants. People want Bitcoin to be the sound money, strongest store of value possible. I don’t think they realize that the way that the core development process or whatever technical consensus process is leading is into something that’s much, much, much more complicated and has some of these negative trade-offs for like the what is Bitcoin question. All the developers arguing against CTV are not arguing against CTV to avoid things like that. If enough people want to look at other stuff and see how it compares or whatever, like the thing that solves that is time, and one of the biggest things I’m hearing, and one of the biggest reasons there’s controversy isn’t because I’m hearing anybody say, like, “You know what, screw CTV, we want this instead.” And that, I think is an argument against why it’s not like the sort of just wait and see argument, isn’t super compelling for me. Yes, change should be approached cautiously, things should be analyzed thoroughly, and things should not just be done whimsically, but just look at pay to script hash, CLTV, and how quickly and easily those changes went through versus things like SUG would, like Taproot. It cannot accomplish that goal as Bitcoin is right now that is a pipe dream and we will see how the prognosis from 2010 play out if it froze right here, right now. No one’s going to be self-custodying their own money, nobody is going to have the freedom that that ability affords. 61:21 Casey: I really don’t care about like the last five percent of people, I’m gonna still be able to use Bitcoin exactly the way it is forever. And so in my opinion, as my history in Bitcoin, it’s more about who likes you and the commit list and who doesn’t like you. And the not very, very naive assumption of when someone says, oh, you can encumber further transactions in the future with what it can do, sounds like it could be a bad thing. 64:47 Jeremy: So, I think one thing I just want to add is that when I designed CTV, I literally designed it with that concern in mind, so I wasn’t putting something out to then evaluate against, oh, do we do good enough for this? And a lot of why it was not more in the public eye for the last while was people, kind of, I’m not going to say the word ‘threatened’ but kind of put a lot of pressure on me that if I talked about CTV too much before Taproot got done that I was going to destabilize the process that would lead to Taproot. It was going to be on my back that Taproot failed to get through. And it’s like, “Dude, I literally just help you get your things through so that I could like help get this thing through like, okay.” I’m okay with all that, but I think people just don’t really recognize what the actual process has been from my perspective, which is pretty freaking dysfunctional. And basically, my background is I did some politics stuff in dark coin was kind of early Bitcoin but not super involved in the dev at the time because I was in college and then did Ethereum EIP, which is like BIP but for Ethereum, I was the lead editor. Like if they’re going to tell Jeremy that they’re not doing the right process or they broke some unspoken rule, why can’t Luke Dash Jr. make an alternative Taproot implementation they push out widely and then expect that to go okay and still have all these very high-level accesses to get hub repos they’ve had for years. And I think the bigger Bitcoin gets, the more time that’s going to take because people are going to be more skeptical, more paranoid because the stakes keep getting bigger. Jeremy has been a core dev for longer than damn near anybody else. Like, of course, is our logic behind the way, things are, yes. I do not like the idea of Bitcoin core or miners or any more tangibly definable group being in control of the activation mechanism for proposals. I don’t think core should be doing anything but writing the validation logic for things. I mean, I think if you see and read the post that I put out, I literally say, people ask me for AUSF and I’ve already committed myself that I’m not going to lead any AUSF process because I also don’t think that a dev should lead AUSF either. I even say you should get real loud and tell people why they shouldn’t run this. And I think where it’s been surprising to me is people haven’t really read that I was inviting them to shoot it down. I would say, like Jeremy just said, BIP-119 in this current controversy is just following the process that works for the last software. So, there’s definitely a lot of people talking about a lot of this stuff and that’s the only reason why I brought it up that way. Like a lot of people in their minds, they have utterly confused the proposal itself with the proposal on how to activate it. I mean, we have to be extremely mindful of the language that we use but even that comes down to single words like one Shinobi was talking and just want to let Jeremy make his comment. The sacred GitHub repo that it’s somehow, I don’t know, it defines everyone’s life. But I think it was extremely unfortunate that it was renamed. Just speaking from a pleb’s perspective, I’m just a regular pleb, got into Bitcoin a while back but I do want to give my opinions and what I’m seeing. 80:04 The Last Airbender: I think Tao had a great point in terms of making sure that the scalability is improved and continues to be improved for everybody who are users of Bitcoin and I like that idea. The questions were that the speedy trials applied to the previous case of this Taproot. The other side to that, too, that’s important to keep in mind is you actually do have ways based on the signalling mechanism to not be on that chain if it happens and you have a big threat of users to do user-resisted soft work. Or what should that process be if there is any, and if not, please educate me. Everybody makes their individual choice and then what happens, happens. Chris, have we got any other shows coming up you want to talk about? I apologize we didn’t get to all the questions but thanks, guys, for coming out. That’s sort of what it comes down to is, well, that’s how it will evolve to be the best ecosystem and the best money system is like people making vociferous debate and moving on and like accepting losses, taking wins, that’s what it’s all about.

Article source
bitcoinmagazine






SmartCredit.io Introduces Credit Lines, Bonus Rewards, and Staking to its P2P Lending & Borrowing Marketplace

SmartCredit.io Introduces Credit Lines, Bonus Rewards, and Staking to its P2P Lending & Borrowing Marketplace

Advertisement Through its decentralized financial lending marketplace, SmartCredit.io dives into the world of credit lines, staking, and bonus rewards. Its foundation technology links borrowers’ loan requests with lenders’ fixed-income funds and immediately liquidates loans if no repayment occurs or collateral value falls. However, as stated here, most borrowing transactions will not be subject to gas fees. The Mt Pelerin bridge wallet requires users to go through a KYC procedure for high conversion wallets. The updates to SmartCredit.io follow a new partnership with Frax Finance, which will allow the project to expand its user base and educate the public about the advantages of fixed-term lending and borrowing.

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zycrypto






Bitcoin’s solution is not elegant, says Algorand CEO

Bitcoin’s solution is not elegant, says Algorand CEO

The CEO of Algorand Foundation said he is a huge fan of Bitcoin but the cryptocurrency is lacking in certain aspects. During the interview, Silvio Micali said Bitcoin’s solution isn’t elegant. We are at a very unique moment in which there are extremely sophisticated blockchains like ours and when there are very early generation blockchains who continue to be there simultaneously.”

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coinjournal.net






Liquibrium, the most-efficient StableSwap on Tezos (English and Tagalog)

Liquibrium, the most-efficient StableSwap on Tezos (English and Tagalog)

Share some Bitpinas love: This article is available in English and Tagalog English: What is Liquibrium Liquibrium facilitates swaps between stablecoins, providing users with low slippages and liquidity providers with high returns. Built by a small team of independent developers (Dev Churiwala, Dayitva Goel, and Vivek Kumar) from the ground-up, Liquibrium has its roots in the Tezos India Fellowship program. New Arbitrage Dynamics Help balance the pool and get rewarded extra LP tokens. Similarly, if a user withdraws a large amount and moves the pool towards an imbalanced state, the protocol rewards fewer LP. Fee-less Deposits & Withdrawals Add liquidity or remove liquidity at any point of time without paying any fee. This is made possible by a bonding curve that more accurately models the dynamics of stablecoin pools. Ngayon, minimithi nilang gawing mas “liquid” ang mga asset sa Tezos DeFi space, kaalinsabay ang kanilang layuning makita ang kanilang sarili bilang isang intrumento sa pagbunsod sa tuluyang paglago ng Tezos DeFi. Sinusuportahan ng: Samahan kami sa aming Twitter at Discord upang maging updated: This article is published on BitPinas in collaboration with TZ APAC: Liquibrium, the most-efficient StableSwap on Tezos (English and Tagalog)

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bitpinas






Classics Reimagined: What Inspired DecentWorld to Create Collections

Classics Reimagined: What Inspired DecentWorld to Create Collections

For many collectors, the value of their collections is not only monetary, but also emotional. The same principles were applied by the DecentWorld team in order to create an appealing and fun user experience for the metaverse, encouraging exploration of virtual real estate.

Article source
dailycoin






Topic 1



Are We Looking At A Crypto Brain-drain?

Are We Looking At A Crypto Brain-drain?

Indian entrepreneurs setting up operations overseas or tech engineers/developers letting go of jobs in India to join companies overseas constitute the classis ‘brain-drain’ syndrome. They would request us to register the company out of India,” says Kumari, adding that there are no specific regulations on what kind of licences are required to be a crypto exchange. “ The fact that there is a beaten path and a welcoming policy environment for crypto firms in jurisdictions outside of India, “you are somewhat guaranteed or have a visibility of a steady regulatory stability overseas”. IndiaTech’s CEO Rameesh Kailasam says brain-drain cannot be “ignored”. Each country is still figuring out crypto-related regulations and legislations but a situation should not arise where, after years, India realises it lost out to Dubai or Singapore. “ We will start to lose out on revenue potential to other countries”. We don’t have to do much, a lawyer charges fee for the process, we submit KYC details and within five days you have a company. Currently, his team is spread across India, Kazakhstan and Czech Republic. British Virgin Islands is popular is because “there is zero tax on corporates, which also extends to any virtual assets. Dubai has also been key draw for crypto entrepreneurs for several months. Nischal Shetty, co-founder and CEO of WazirX says they are a remote-first organisation with employees from over 70 locations. “ ”“It is a matter of concern if there is emigration of Web3 developers from India. “Larger players have struggled so much with the ecosystem, and then decided to move away. Though there are positives—conversations that have started around Web3 at the government level—I don’t know where it will go,” Saxena further says. Entrepreneurs who were planning to set up companies abroad but still operating out of India now do not seem to be confident to stay in India. India has the potential to lead this massive technological shift and, at CoinSwitch, we want to play an active role in shaping the future,” he told. In the current financial year, CoinSwitch, which has over 18 million registered users, plan to launch diverse “alternative” investment options, beyond crypto , for its customers. Hence, there are a lot of tailwinds to aid the growth of crypto in India. Or else it will only remain a latent opportunity that we will fail to realise. ”On the investing side, there are hardened crypto investors who believe that India is navigating through the unknown sphere of crypto legislations well. “ Till that is not resolved, innovation, confidence and hope towards building the crypto ecosystem will continue to take place outside of India.

Article source
forbesindia






Aussie exchange Swyftx to offer ‘no lock-in’ yield on crypto

Aussie exchange Swyftx to offer ‘no lock-in’ yield on crypto

Swyftx exchange will begin offering interest-bearing yields on a wide range of cryptocurrency assets — the first Australian-operated crypto exchange to do so. Slightly more risk-on assets such as Polkadot (DOT) will offer returns of up to 12.7%, while decentralized finance (DeFi) token Kava (KAVA) is set to offer up to 25.8%. “We’re looking at significant pockets of traditional finance and thinking ‘you know what, we can out-compete you.’” In an interview with Cointelegraph, Block Earner co-founder Jordan Momtazi said that Australia’s current economic climate makes products that offer yields on savings quite attractive, especially as it is practically impossible to achieve similar returns using methods offered by traditional financial institutions. In late January of this year, the SEC launched a probe into high-yield digital asset lending products offered by Gemini, Celsius and Voyager Digital.

Article source
cointelegraph






Kazakhstan ramps up power consumption reporting requirements for crypto miners

Kazakhstan ramps up power consumption reporting requirements for crypto miners

The government of Kazakhstan has laid out new reporting requirements for cryptocurrency mining operators with a keen eye on how the industry’s energy usage affects the local power grid. The order, published by the country’s Minister of Digital Development earlier this week, compels digital mining businesses to provide comprehensive information 30 days before starting operations. Kazakhstani authorities have been attempting to root out illicit crypto mining operations in the country due to the load they place on the energy grid.

Article source
cointelegraph






Crypto Spotlight: ViaBTC’s Strategic Partner SAI.TECH Goes Public on Nasdaq

Crypto Spotlight: ViaBTC’s Strategic Partner SAI.TECH Goes Public on Nasdaq

ViaBTC’s strategic partner SAI.TECH Global Corporation (“SAI.TECH” or “SAI”), a clean-energy-driven Bitcoin mining operator with leading energy-saving solutions to the computing, power, and heating industry, officially listed on Nasdaq on May 2, 2022 (EST). The Class A ordinary shares and warrants of SAI commenced trading on the Nasdaq Stock Market on May 2, 2022, under the new ticker symbols “SAI” and “SAITW,” respectively. The recognition for SAI.TECH among institutional and individual investors will undoubtedly give rise to a new paradigm for crypto mining and sustainable energy growth. At the moment, recycling clean, renewable energy is a primary technological goal in crypto mining, and the sector is witnessing the emergence of projects that focus on clean energies like solar power, hydropower, and recovered waste heat. The Q1 2022 report of BMC (Bitcoin Mining Council) shows that in global BTC mining, sustainable energy now takes up 58.4% of the total energy consumption to empower the industry, making it one of the most sustainable industries globally. Apart from SAI.TECH, other crypto mining companies such as BitFuFu and Bitdeer also plan to go public through SPACs this year.

Article source
newsbtc






Crypto to Cash: Xcoins Offers Customers Instant Cashout

Crypto to Cash: Xcoins Offers Customers Instant Cashout

Cryptocurrency and blockchain are changing the world of finance, and leading crypto platform Xcoins is at the forefront of that revolution. Not so with Instant Cashout, where customers will wait no more than a few minutes to unlock the value of their investments. Rob Frye, Chief Executive Officer at Xcoins, said: “We are happy to be one of the few crypto exchanges that will offer Instant Cashout to all major credit or debit cards. Money has been going digital for a while now, and features like Instant Cashout have taken this to the next level. As well as debit and credit cards, other payment methods available for customers include SEPA for EU customers and Faster Payments for UK clients.

Article source
blockonomi






Topic 2



Binance commits $500M to co-invest in Twitter with Elon Musk

Binance commits $500M to co-invest in Twitter with Elon Musk

Major crypto exchange Binance has participated in Elon Musk’s $44 billion acquisition of Twitter, according to data filed with the United States Securities and Exchange Commission. Having invested $500 million, Binance is the fourth biggest contributor, following Lawrence J. Ellison Revocable Trust, which invested $1 billion.

Article source
cointelegraph






Elon Musk Got $500,000,000 from Binance in Order to Buy Twitter

Elon Musk Got $500,000,000 from Binance in Order to Buy Twitter

Elon Musk needed a hand to take over Twitter, and ties with crypto industry ended up being useful According to the most recent SEC report, Elon Musk attracted $7.13 billion in new financing commitments from various investors in order to buy all Twitter shares for around $54 each. Ads Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud contributed 35 million shares.

Article source
u.today






Binance Backed Elon Musk’s Twitter Deal With $500 Million

Binance Backed Elon Musk’s Twitter Deal With $500 Million

A recent filing with the Securities and Exchange Commission revealed that Elon Musk had received backing from numerous large organizations for his bid to purchase Twitter. Last month, it became known that Musk had purchased a 9.2% stake in the social media giant, which was just the beginning of a thriller.

Article source
cryptopotato






Binance to Invest $500 Million With Elon Musk in Twitter Takeover

Binance to Invest $500 Million With Elon Musk in Twitter Takeover

He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space. This move might offer Binance a huge stake in the social media giant, Twitter once the transaction is completely closed.

Article source
coinpedia.org






Binance Funds Elon Musk’s Twitter Takeover With $500M Contribution

Binance Funds Elon Musk’s Twitter Takeover With $500M Contribution

Binance supports Elon Musk’s Twitter takeover by contributing $500 million in funding. Binance is only one of the 18 equity investors funding Elon Musk’s $44 billion offer for Twitter. In response to the revelation, Binance’s Changpeng Zhao tweeted: A small contribution to the cause. https://t.co/xD9XZxOWfL — CZ 🔶 Binance (@cz_binance) May 5, 2022 The Twitter crypto community was ecstatic about the news.

Article source
coinquora






Topic 3



Infinite Arcade Launches the Last Sale of the Gamer NFTs

Infinite Arcade Launches the Last Sale of the Gamer NFTs

Infinite Arcade Launches the Last Sale of the Gamer NFTs sponsored Web3 platform Infinite Arcade launches batch 3 Gamer NFTs sale. The Gamer (avatar) NFTs act as access keys to unlock play & earn on the platform. It makes it possible for developers and creators to connect with players in a marketplace in order to create a common economy. There are three main points to differ the Infinite Arcade from other blockchain games: great familiarity; big choice; and low switching costs. Right now Infinite Arcade has a launch partner Coda with about 15K studios that will be connected to the platform. The Infinite Arcade platform is developed on the Polygon mainnet due to its speed, scalability, and low transaction fees. But there is the last batch of only 6666 NFTs available for those who are whitelisted. 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






Pplpleasr Launches ‘Producer Pass’ NFTs for Cannes Film Festival

Pplpleasr Launches ‘Producer Pass’ NFTs for Cannes Film Festival

Digital artist pplpleasr (A.K.A. Emily Yang) has teamed up with Brut Media to release a limited-edition collection of NFTs which grant access to in-person events at the upcoming Cannes Film Festival which runs from May 17th-28th. Silver’ tier NFTs cost 6 ETH to mint ($16,800) and will grant owners access to the red carpet event, as well as the screening of a specific film, such as ‘Top Gun: Maverick,’ ‘Elvis,’ or ‘Three Thousand Years of Longing’.

Article source
blog.buyucoin






Infinite Arcade Launches the Last Sale of the Gamer NFTs

Infinite Arcade Launches the Last Sale of the Gamer NFTs

Web3 platform Infinite Arcade launches batch 3 Gamer NFTs sale. It makes it possible for developers and creators to connect with players in a marketplace in order to create a common economy. There are three main points to differ the Infinite Arcade from other blockchain games: great familiarity; big choice; and low switching costs. Mobile games market in total counts up to 3 billion players and 100 million game developers. Infinite Arcade uses a dual token model with TIC and ARC tokens. It has a limited supply of 3B and will be available via IDO in Q3 2022. To be whitelisted on www.infinitearcade.com one should enter an email and Discord name, and add a wallet address.

Article source
blog.buyucoin






Topic 4



Upstart NFT Drops Scam Alert: Bored Ape Yacht Club & Moonbirds

Upstart NFT Drops Scam Alert: Bored Ape Yacht Club & Moonbirds

Scammers have quickly seized the opportunities to take advantage of many new NFT drops. Yuga Labs and Others Get Hit Yuga Labs’ NFT project is not the only one to shake up the market. Previously, Moonbirds, a freshly launched NFT collection, wrote its own stories when the release went wildly successful – its total trade volume hit 100,000 ETH, outperforming other collections for a specific 24-hour period after the launch. The scammers tricked users into connecting their digital wallets to register for a fictitious NFT drop, APE token airdrop, or to receive gas refund, then misled them into signing a transaction that granted the hackers access to drain the victim’s wallet. One fraudulent website told victims: “Wallets that were KYCed but failed to mint will get full gas refund. The hackers also tagged a list of people in the friend list to make the scame look swimmingly and increase the probability of success.

Article source
blockonomi






NFT Royalty and IP Guide | NFT Law 101

NFT Royalty and IP Guide | NFT Law 101

Share some Bitpinas love: Sign up with your email and never miss another crypto and NFT story from the Philippines and beyond! “But whatever you give to the buyers of NFT would have to be defined, in most cases, by the Terms of Service,” he added. Moreover, he suggested that there is a guide in making an NFT license, developed by Dapper Labs. This article is published on BitPinas: NFT Royalty and IP Guide | NFT Law 101 Disclaimer: BitPinas articles and its external content are not financial advice.

Article source
bitpinas






Fuzzle: AI NFT Limited Drop Incoming

Fuzzle: AI NFT Limited Drop Incoming

Fuzzle is an NFT collection featuring 9,997 unique AI-powered aliens. Fuzzles are AI NFTs that learn and adapt as they interact and engage with their human owner. This leaves around 7000 Fuzzle Pods waiting to be minted at upcoming sales on the Gala Games app. Holding this medal along with a Fuzzle Pod has allowed Endless AI to drop some insane rewards and giveaways for First Fuzzle owners. The Next Invasion The Fuzzles team has announced that more Fuzzle Pods will be available Friday, May 6th at 6 pm PT. In their announcement of the sale, the team has indicated that the Fuzzles’ wormhole to access our dimension is still unstable, which likely means that this sale won’t remain open for long. Once the app is released, their team has also discussed their intention to do contests and giveaways based on individual interactions with Fuzzle, which can be readily shared on social media. Fuzzle Into the Future Fuzzle is a pretty impressive leap past the traditional idea of art or defi NFTs.

Article source
cryptonewsz






Topic 5



What Factors Contribute to Stablecoins’ Rapid Growth? Should You Buy Tether in 2022?

What Factors Contribute to Stablecoins’ Rapid Growth? Should You Buy Tether in 2022?

Stablecoins’ quick and explosive growth has been nothing short of amazing. While there are other reasons for the rise of reliable digital money, there have been four primary drivers of USDT growth over the last half-decade. Individuals can still possess a highly liquid currency by purchasing dollars, whereas other less liquid assets would limit their capacity to quickly purchase goods and services. Capital Controls- Inflation isn’t the only effect of economic or political instability. Any limitation on the free flow of capital, as well as any seizure of individual or corporate assets, are referred to as capital controls. Because most financial infrastructure in most countries is under government control, there is often no way to avoid these repressive practices. USDT is the most widely used stablecoin, and it is utilised to access DeFi applications on a daily basis. 3) Businesses are recognising the advantages of using stablecoins to manage their operations and financial sheets. BuyUcoin is one of India’s most secure crypto exchanges trusted by more than 1 Million + cryptocurrency lovers.

Article source
blog.buyucoin






You can buy Cardano, which is at the fore of the market rally: here’s where

You can buy Cardano, which is at the fore of the market rally: here’s where

The ninth-biggest coin by market capitalization added almost 14% to its value during early Asian trading hours before a slight drop. Top places to buy Cardano now As ADA is such a new asset, it’s yet to be listed on major exchanges. As open-source code software, Cardano’s functionality runs on the premise of confidential transactions and crystal-clear transparency throughout the network. The Reddit community forecasts ADA can go up to $1.80 by the end of this year, but it will reverse gains thereafter.

Article source
coinjournal.net






What is Quant Protocol? | Where to Buy QNT in the Philippines

What is Quant Protocol? | Where to Buy QNT in the Philippines

Share some Bitpinas love: Editing by Meghan Lim and Michael Mislos With the many blockchain networks available, is it possible for a single token to gateway coins like Ethereum (ETH) and Bitcoin (BTC)? Sign up with your email and never miss another crypto and NFT story from the Philippines and beyond! Quant (QNT) as an Ethereum token can be used to power the Quant Network’s Overledger. MDapps enables Dapps to work on multiple blockchains at the same time. Users may choose between converting USDT, BUSD, BNB or BTC to QNT directly or doing Spot Trading with QNT. For all of the hardware and software to communicate with one another, they need a medium, which is the TCP/IP. It has the potential to replace traditional finance systems, but it needs to venture into the blockchain industry and is strong enough to compete with traditional finance (TradFi) companies. This can also open doors for multiple stable currencies to interpolate with blockchain networks in the future. This article is published on BitPinas: What is Quant Protocol?

Article source
bitpinas






Topic 7



New crypto litigation tracker highlights 300 cases from SafeMoon to Pepe the Frog

New crypto litigation tracker highlights 300 cases from SafeMoon to Pepe the Frog

A new crypto litigation tracker from commercial law firm Morrison Cohen LLP shows details of more than 300 active and settled court cases since 2013. According to the tracker — which is essentially a lengthy PDF document — there have been roughly 17 crypto cases that were either brought before the court or resolved in 2022 so far. The SEC, CFTC and DOJ combined account for seven of those, with some high profile cases being the SEC v. the Barksdale siblings, who allegedly conducted a fraudulent initial coin offering (ICO) worth $124 million, and the SEC v. digital asset platform BlockFi, who agreed to pay a $100 million penalty for failing to register its crypto lending product. This year, there may also be plenty more in the works, considering the SEC announced that it will be upping the headcount of its enforcement-focused “Crypto Assets & Cyber Unit” to 50 dedicated positions. Plaintiff paid $537,084 for a Pepe the Frog NFT created by Furie and sold through PegzDAO.

Article source
cointelegraph






Institutional Investors Exit Market As Crypto Declines, New Report Reveals

Institutional Investors Exit Market As Crypto Declines, New Report Reveals

Following the failure of the crypto market to return to its former glory, institutional investors are fleeing in droves. The sum was roughly $467 million at the start of the year, according to Coinshares, indicating a $128 million difference. Source: TradingView Related Reading | Time Vs Price: Why This Bitcoin Correction Was The Most Painful Yet Market Declines Further Institutional investors who had invested in Ethereum were not left out, according to the report, as they withdrew a total of $25 million from the fund last week. Related Reading | Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?

Article source
newsbtc






Amidst A New Development Algorand Could Be Eyeing $1

Amidst A New Development Algorand Could Be Eyeing $1

Algorand is currently bullish on its chart at the time of writing. The news of Fifa’s World Cup news snatched that opportunity away from traders. In case of a pullback, ALGO could fall to trade at the $0.560 price level. Related Reading | Five Months Of Fear: When Will The Bitcoin Carnage End? Technical Analysis The price of ALGO was seen parked above the 20-SMA line and that indicates bullishness on the charts. On the Relative Strength Index, the coin indicator displayed an uptick.

Article source
newsbtc






Topic 8



Kazakhstan Amends Registration Rules for Cryptocurrency Miners

Kazakhstan Amends Registration Rules for Cryptocurrency Miners

Kazakhstan Amends Registration Rules for Cryptocurrency Miners The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown on the industry in the Central Asian nation, where the influx of miners has been blamed for persisting electricity shortages. Crypto Miners to File Quarterly Reports With Kazakhstan Authorities An order issued by Kazakhstan’s minister of digital development, Bagdat Musin, has expanded the registration and reporting requirements for those minting digital coins. Furthermore, mining entities that pull out of business will have to notify the state within ten days after terminating their activities. 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






Cryptocurrency investors make hay while the sun shines

Cryptocurrency investors make hay while the sun shines

Cryptocurrency trading has proven to be a fresh enterprise that has aided most individuals in securing and managing their assets through virtual means. However, crypto trading has no central issuing or governing organizations due to the use of encryption, therefore it simply requires a decentralized system to register transactions and issue new units. Show us” Twitter users, on the other hand, pointed out that tech millionaires do not always flaunt their wealth by throwing money on liabilities like pricey jewellery and cribs. Bankman-Fried has risen quickly to the status of crypto billionaire.

Article source
tronweekly






Here’s how cryptocurrency fraud will be curbed by council of Europe

Here’s how cryptocurrency fraud will be curbed by council of Europe

In a report released Wednesday, the Council of Europe’s Moneyval committee urged European countries to crack down on cryptocurrency-enabled money laundering. Moneyval, which checks compliance with dirty-money regulations in smaller European countries, has warned of the dangers posed by decentralized finance, privacy coins, and what it claims is market manipulation of big cryptocurrencies. Methods are becoming ever more sophisticated, and larger in scale.” The debate rages on, with industry data claiming that only 0.15 percent of cryptocurrency transactions contain illegitimate addresses, according to Chainalysis.

Article source
tronweekly






Topic 9



Socios signs up Major League Soccer — but it’s not a token effort yet

Socios signs up Major League Soccer — but it’s not a token effort yet

Fan token platform Socios has partnered with 26 Major League Soccer (MLS) teams to offer fan engagement experiences and rewards, but so far, no fan tokens have been announced. Data from 2020 and 2021 is heavily skewed due to COVID-19 restrictions. Engaging with fans inevitably includes issuing memorabilia, which Socios has issued through nonfungible tokens (NFT) for European soccer teams in conjunction with the Chiliz platform. A quick glance on Twitter suggests the majority of tweets from fans across the league have been negative, with many pointing to Socios’s existing partnerships with European soccer leagues.

Article source
cointelegraph






Topic 10



Dubai Regulator Will Open Offices in The Sandbox Metaverse

Dubai Regulator Will Open Offices in The Sandbox Metaverse

The government of Dubai is not slowing down its efforts to promote the development of the local crypto industry and its appeal to crypto enthusiasts. According to an official statement, the VARA is stepping into the Metaverse to reach a “borderless audience,” while also improving social inclusion and environmental sustainability by using fewer physical resources to manage its activities. VARA is the first government authority to invest in the Metaverse Dubai is known not only for tourism but for technological innovation. This new foray into the Metaverse will accelerate Dubai’s GDP Helal Saeed Almarri, Director-General of the Dubai World Trade Center Authority, said that Dubai views the virtual asset industry as the driver of the future global economy.

Article source
cryptopotato






Topic 12



U.S Lawmakers Object to SEC’s Decision to Expand Crypto Enforcement Unit

U.S Lawmakers Object to SEC’s Decision to Expand Crypto Enforcement Unit

He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. Adding to it, he said that “Regulators will be better equipped to police wrongdoing in the crypto markets while continuing to identify disclosure and control issues with respect to cybersecurity.” Another Lawmaker of the U.S, opposing Gary Gensler’s decision, Congressman Tom Emmer (R-MN) questioned that ” I wonder how many taxpayer dollars are being wasted in Gary Gensler’s personal crusade against the crypto industry?”.

Article source
coinpedia.org






Topic 13



Chainlink set to power Latin American real estate platform

Chainlink set to power Latin American real estate platform

The tokenization of global property markets has been an ambitious goal of the blockchain space, and decentralized finance (DeFi) could offer a novel solution for the sector to pick up the pace. Chainlink’s ability to handle smart contract functions will see rental paid by tenants automatically distributed to multiple token holders of the given property. The idea of tokenizing real estate ownership is not novel, but the promise of a tried-and-tested service to manage rental payments and property ownership has the potential to attract renewed investor interest. It saw TechCrunch founder Michael Arrington’s apartment in Ukraine’s capital of Kyiv sold.

Article source
cointelegraph






Harmony Integrates with Covalent, Bringing Data Accessibility to the Platform

Harmony Integrates with Covalent, Bringing Data Accessibility to the Platform

Harmony is a Proof-of-Stake blockchain with fast finality launched on Mainnet in June 2019 and is now surrounded by a vibrant and engaged community of over 500,000 active platform participants on familiar cross-chain DeFi ecosystems such as Sushi, Curve and Aave. As one notices a vibrant and engaging community, teams such as DeFi Kingdoms and lending protocols like Tranquil Finance decided to build on Harmony and grew from zero to billion-dollar TVL dApps in a matter of months! With Harmony’s low gas fees costing fractions of a penny and a 2-second transaction finality, users are very encouraged to interact with their yield farms, lendings, NFT trades and in-game purchases, for dApps built on Harmony. The initial integration includes complete indexing of Harmony and enables developers to access rich, granular data to build applications faster and easier for a variety of use cases.

Article source
dailycoin






Topic 15



CryptoNewsZ in an Interview with Mr. Tor – CEO of Nakamoto Games- A Game-changing Play to Earn Platform

CryptoNewsZ in an Interview with Mr. Tor – CEO of Nakamoto Games- A Game-changing Play to Earn Platform

It is not so often that I get a chance to speak about a game-changing technological paradigm on a platform. And secondly, my name is Chawalit Rugsasri, but you can call me by my handle, Tor. While working at the Ethereum development firm, I realized that the P2E system that we currently have is highly restrictive. In other words, this platform holds multiple P2E games with many genre varieties. In other words, we want to establish a gaming space where the players coordinate and compete with each other for rewards. We launched with ten games on our platform, a count that rapidly evolved to 12. Some of the titles that are available on our platform now include Naka Strike (FPS game), Naka Galactic (arcade game), Naka Blaster (multiplayer game), Nakar (racing game), Naka DUI (concentration game), Naka Runner (platform runner game), and the list goes on. They are engaging with this platform without worrying about the high entry fees they’d otherwise have to pay to interact with such a lucrative ecosystem. CryptoNewsZ: What makes Nakamoto Games a phenomenon in the gaming space? Their stories inspire us, and by the way, we have grown since our launch; we believe that we inspire them too. Our gamers, united by their desire to earn money within a fun ecosystem, are standing by Nakamoto to make it the biggest blockchain gaming platform in the future. The fifth and the most critical reason is that we pride ourselves on the strength of our community is the presence of vertical local communities. They are formed by our gamers, developers, and investors, and these members have made the platform more robust through sheer interest and a collective desire to see Nakamoto succeed. After Nakaverse goes live, the other project close to our hearts – the Naka Marketplace – will take center stage. However, we have found the perfect solution – $NAKA, the Nakamoto Games Token lying at the center of our ecosystem. Following the look, the feel, and the model of the popular game franchise, Counter-Strike, Naka Strike push forth a coordinated approach towards gaming that entices players with a fun game and incentivizes them with extraordinary monetary gains. As more and more games are coming to the DeFi space, essentially creating a – GameFi ecosystem – Naka aims to be the first to give room to multiple P2E games on one platform. And because the cross-platform approach allows Nakamoto Games to host countless P2E games, I am confident that we will have nearly 1000 games in upcoming years. If users encounter any issues in-game, they can leverage the ticket system to interact with the development team to resolve these issues. Players can meaningfully interact with the metaverse through gaming, and Nakamoto Games is here to facilitate that. CryptoNewsZ: Many have always seen gaming in a condescending light, despite it going mainstream. Due to reliance on $NAKA, the Nakaverse will be a game-changer.

Article source
cryptonewsz






Topic 16



Binance Scores First European Regulatory Approval in France

Binance Scores First European Regulatory Approval in France

Binance, the world’s largest cryptocurrency exchange by trading volume, has been given the green light by France regulators to operate a digital asset trading platform in the country. Since day one, Binance has always put its users first, and now the crypto community can have even further confidence in Binance France as a trusted DASP registered in France.”

Article source
cryptopotato






Crypto Giant Binance Obtains First Global Regulatory Approval Operation from French

Crypto Giant Binance Obtains First Global Regulatory Approval Operation from French

Binance, the largest cryptocurrency exchange in the world, has been approved by the French regulatory agency and operates cryptocurrency transactions legally in France. As early as November 12, 2021, Binance CEO Changpeng Zhao pinpointed France as one of the most advanced European nations with clear governing rules in the crypto ecosystem.

Article source
Blockchain.News






Topic 17



ETH Heads Top Holdings, Are HODLers Prepping for a Big Pump?

ETH Heads Top Holdings, Are HODLers Prepping for a Big Pump?

Ethereum (ETH) leads as the most held tokens of the top 100 ETH wallets today. ETH has over $585 million in the average amount held and almost 200,000 ETH in average quantity held. Lastly, the same media platform boldly predicted that the price could even go higher than $12,000 once the Merge happens, wherein Ethereum will switch its technology to a more environment-friendly version (PoW to PoS). No information in this article should be interpreted as investment advice.

Article source
coinquora






Topic 19



Topic 20



Cardano (ADA) Recovers 10% and Surpasses Top 10 in Terms of Gains

Cardano (ADA) Recovers 10% and Surpasses Top 10 in Terms of Gains

ADA trades at $0.867, down from highs of $0.899 as traders pull off gains 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. The ADA price steadily declined to reach 15-month lows until support was met at around $0.735 on April 30, which halted the declines. On-chain analytics team Santiment reports that the impact of the Fed’s move to raise rate hikes by 50 basis points unsurprisingly shifted bullish almost immediately for crypto, just as it did after the March hike. On-chain data also indicates that whales have gone on a massive accumulation spree after a seven-month dumping stretch.

Article source
u.today






Topic 22



Djed Releases Testnet with Cardano Support

Djed Releases Testnet with Cardano Support

After months of hard work, Djed stablecoin released the public version of the testnet. Djed is among the well-anticipated stablecoin project that intends to utilize this rapidly growing demand for stablecoins. Over the months, the coin also has spent a significant amount of time in configuration management, user interface, final design, and the integration of the Nami wallet. The further steps of the project involve Level 2 audit certification to see how the mitigations hold up and find out any potential security flaws. The testnet will also conduct property-based tests to confirm the stablecoin’s stability and take necessary measures against vulnerabilities.

Article source
cryptonewsz






Topic 23



NAFSTARS Announces a Successful Fund Raise of $1․7 Million

NAFSTARS Announces a Successful Fund Raise of $1․7 Million

NAFSTARS Announces a Successful Fund Raise of $1․7 Million press release PRESS RELEASE. NAFSTARS, a Polygon-based play-to-earn P2E platform that allows users to collect artist branded cards from all around the globe and from every music genre, has announced a successful fund raise of $1.7 million in seed, token pre-sale, and NFTs. As the native in-game token on the gaming platform, $NSTARS will serve as a utility token for users. By leveraging technology, NAFSTARS offers users rewards for playing games and enables artists to gain immensely from their online popularity. Take a look at their light paper: https://manager.nafstars.com/nafstars_lightpaper_en.pdf. 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. Bitcoin.com Media Bitcoin.com is the premier source for everything crypto-related.

Article source
news.bitcoin






Cometh Gaming Studio Announces $10m Funding in Seed Round

Cometh Gaming Studio Announces $10m Funding in Seed Round

Cometh gaming studio has announced a $10 million seed round as it launched a second blockchain-based video game. Cometh’s primary focus is to build an end-to-end gaming platform powering the next generation of play-to-earn (P2E) games.

Article source
Blockchain.News






Topic 24



AUD/USD Faces Technical Level with Trade Data Due Today

AUD/USD Faces Technical Level with Trade Data Due Today

The Australian Dollar races ahead against its peers, including the US Dollar, as MACD has made a bullish move further to rally the couple to its 100-day Simple Moving Average. Chair Jeremy Powell reportedly tempered the talks to hike the rate by 75-basis points, sparking a response of higher risk in the times to come. It is estimated that the PMI data for China could stand at 40.0 for April, down from 42.0 in March. Singapore’s PMI data for April is also likely to cross wires at nearly the same moment.

Article source
cryptonewsz






Topic 25



Terra (LUNA) Towards A Recovery Zone! LUNA Price To Reclaim $90 Level, Here’s Why

Terra (LUNA) Towards A Recovery Zone! LUNA Price To Reclaim $90 Level, Here’s Why

He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space. Terra Deposits Decline Even though Terra (LUNA) is outperforming the global cryptocurrency market by 20%, the currency is struggling to hold its price level above $85 support. When looking at the last week’s transactions, it is positioned at 50,650 declining 30% from the previous month Derivatives Data On Comfort Zone Though we saw that the Terra DApps usage plunged, this seems to have near to no effect on derivative traders’ interest. Nevertheless, there is an increase in Terra’s smart contract deposits shown by TVL increase and interest from derivatives traders, and this points towards Terra (LUNA) price recovery.

Article source
coinpedia.org






Here is why Axie Infinity is up by 15% in the last 24 hours

Here is why Axie Infinity is up by 15% in the last 24 hours

Axie Infinity is the best performer amongst the top 50 cryptocurrencies by market cap. AXS, the native token of the Axie Infinity gaming ecosystem, is the best performer amongst the top 50 cryptocurrencies by market cap. AXS has added 15% to its value in the last 24 hours and now trades above $34 per coin. Key levels to watch The AXS/USD 4-hour chart shows that Axie Infinity is recovering from its recent slump.

Article source
coinjournal.net






Topic 26



Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. The neobank also revealed that its funds in a U.S. account had been frozen, assuring customers it’s currently working to restore access to the money. Lubomir Tassev Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” 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






Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. The neobank also revealed that its funds in a U.S. account had been frozen, assuring customers it’s currently working to restore access to the money. Russia has been facing mounting western sanctions that have limited access to global finances for its government and citizens.

Article source
blog.buyucoin






Topic 28



XLM Price Recovers Following a 6.85% Increase in the Last 24h

XLM Price Recovers Following a 6.85% Increase in the Last 24h

Stellar (XLM) occupies the 31st spot on CoinMarketCap’s list of the biggest crypto market caps. Should bulls find a way to overcome the bearish dominance seen in XLM, we could see the price go to $0.2. XLM’s price currently stands at $0.1853, or 0.000004707 BTC, after a 6.85% increase over the last 24 hours.

Article source
coinquora






Topic 29



Bitcoin in Your 401(k)? Not So Fast, Financial Advisors Say

Bitcoin in Your 401(k)? Not So Fast, Financial Advisors Say

Millions of retirement savers may soon be able to invest in Bitcoin as easily as they now buy stocks and bonds, following an announcement last week from Fidelity Investments, the nation’s largest retirement-plan provider, that it will add cryptocurrency as an option to the 401(k) plans it offers companies later this year. Millions of workers will now start to buy Bitcoin who never would have otherwise.” That unfamiliarity was one of the top reasons the Department of Labor warned the retirement industry in March to use extreme care when offering crypto investment opportunities, as Fidelity will be doing, since inexperienced investors are likely to underestimate just how volatile it is. Recently the ride has been all downhill: Bitcoin has fallen more than 40 percent since hitting a record high of $69,000 last November. Only put in what you can financially and emotionally handle losing. “They don’t behave the same as equities, bonds, gold or commodities, so adding it into your mix of investments can increase return and lower risk,” says financial advisor Jim Shagawat, a partner with AdvicePeriod. Add in Small Measure While Fidelity will allow those enrolled in its 401(k) plans to transfer up to 20 percent of their retirement savings into Bitcoin and divert 20 percent of future contributions into the currency as well, no expert that Newsweek spoke with supported staking such a large share of your savings on crypto. At a 1 percent allocation, you’re not going to harm yourself if Bitcoin goes broke and it can improve your return. Whether you should do 1 or 5 percent, or forget about investing in crypto entirely, depends on your risk tolerance, your ability to weather a loss and whether you will periodically re-balance your investments—that is, sell some of your winners and buy more of the laggards to maintain your recommended mix of assets—should a huge gain or loss in Bitcoin throw your account out of whack. Figuring out where you are on that scale is actually pretty simple. If you are more conservative, invest less or don’t buy crypto at all.

Article source
newsweek, bitcoin-your-401-k-not-so-fast-financial-advisors-say-1703415.html






Topic 30



Dubai Virtual Assets Regulator Establishes HQ in the Metaverse

Dubai Virtual Assets Regulator Establishes HQ in the Metaverse

Dubai Virtual Assets Regulator Establishes HQ in the Metaverse The Dubai virtual assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters in The Sandbox virtual world. World’s ‘Virtual Assets Capital’ Dubai’s digital assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters (HQ) in the virtual world of The Sandbox, a statement from the regulator has said. Sheikh Hamdan added that by establishing the metaverse HQ, VARA has created a decentralized regulatory model that allows stakeholders to share or exchange knowledge, and solve problems collectively. 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






Dubai Virtual Assets Regulator Establishes HQ in the Metaverse

Dubai Virtual Assets Regulator Establishes HQ in the Metaverse

The Dubai virtual assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters in The Sandbox virtual world. World’s ‘Virtual Assets Capital’ Dubai’s digital assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters (HQ) in the virtual world of The Sandbox, a statement from the regulator has said. Sheikh Hamdan added that by establishing the metaverse HQ, VARA has created a decentralized regulatory model that allows stakeholders to share or exchange knowledge, and solve problems collectively.

Article source
blog.buyucoin






The Vatican Forays Into NFTS With Virtual Art Gallery and Museum

The Vatican Forays Into NFTS With Virtual Art Gallery and Museum

The Vatican has decided to democratize art by opening an NFT art museum. The Vatican has announced the release of a virtual, non-fungible token (NFT) art gallery or museum, where people will marvel at the collection of divine artworks, paintings, and manuscripts. Sensorium — a major metaverse developer involved in VR and NFT solutions — stated on a blogpost that together with the Humanity 2.0 Foundation they will develop… the first-of-its-kind VR and NFT gallery to cater to Vatican’s art and academic content. The Vatican has planned to democratize art under the leadership of Father Philip Larrey, who holds the Chair of Logic and Epistemology at the Pontifical Lateran University in the Vatican.

Article source
coinquora






Topic 33



Bitfinex has a TOKEN! What is UNUS SED LEO? Is it a Good Buy?

Bitfinex has a TOKEN! What is UNUS SED LEO? Is it a Good Buy?

Crypto exchanges have simplified the trading experience for investors, making crypto-related services more accessible. While exchanges are largely centralized, they make converting assets to cash and cash to assets easy. Bitfinex is one of the oldest exchanges in the space, and it hopes to provide users with related services. So, before investing any money in an asset, make sure you can afford to lose the money. Many exchanges have p2p as a trading option, especially for users in countries with limited access to crypto-related services. Because of the industry’s growth, many projects enjoy support from crypto enthusiasts, making the community bigger. It strives to make available some of the best trading tools in the crypto space. Bitfinex explains the digital asset space is evolving rapidly, and to cope with this pace, it adopts an agile approach while providing related services for consumers. When fees are too high, trade may find it challenging to record significant profits, so it’s great to see a business that charges low fees. While many platforms don’t have mobile apps, you can opt for Bitfinex if you need a platform that has an app, making trading more straightforward and more accessible, particularly for newbies. Unfortunately, Bitfinex has had some issues with law enforcement due to its involvement with Tether. UNUS SED LEO is a cryptocurrency used on Bitfinex to reduce transaction and other exchange fees. It is also the token for the iFinex ecosystem—which is the parent company of Bitfinex. With this, users can enjoy discounts on various products in the iFinex ecosystem. While the coin trades at $5, it may record more significant growth with the team’s continuous burning.

Article source
cryptoticker.io






Topic 34



Bitcoin Could See 10% Jump, As Volatility Drops To 18-Month Low

Bitcoin Could See 10% Jump, As Volatility Drops To 18-Month Low

After its third-largest weekly fall in over a year, the Bitcoin (BTC) price has finally began to rise. A big rise could be anticipated if the BTC price stabilizes over $39,000. It suggests that a rally could happen in the next several days. Suggested Reading | Will Bitcoin Shoot Over $40,000 — Or Drop To $35,000? Volatility Drops Bitcoin’s historical volatility is at 18-month lows, according to statistics released by the Buy Bitcoin Worldwide webpage. Bitcoin (BTC) volatility was last this low in November 2020, when the orange coin broke through $10,000 for the first time in this bullish cycle.

Article source
newsbtc






Topic 35



Polygon (MATIC) Co-Founder Calls Avalanche (AVAX) "Complete Failure," Emin Gün Sirer Responds

Polygon (MATIC) Co-Founder Calls Avalanche (AVAX) “Complete Failure,” Emin Gün Sirer Responds

Creators of Polygon (MATIC) and Avalanche (AVAX) argued about Layer 2 scalability technologies, gas fees, blockchain uptime, gas-lightning and insecurity. .@avalancheavax leadership looks so insecure & scared with @0xPolygon SUPERNETS and resorts to shit talking The real reason is that Their “mainchain” is a complete failure.

Article source
u.today






Pokémon GO Former Chief Scientist & 6waves Co-founder Join AnChain.AI In Leading the $17 Billion Web3 Revolution

Pokémon GO Former Chief Scientist & 6waves Co-founder Join AnChain.AI In Leading the $17 Billion Web3 Revolution

Leading innovators in the mobile gaming industry – Hansong Zhang, former Chief Scientist at Pokemon GO creator Niantic and Rex Ng, President and Co-founder of mobile game publisher 6waves – have joined AnChain. The Tenzing platform has been trusted by global Fortune 500 company Doosan Corporation, former NBA All-Star Metta World Peace, and dozens of other creators, influencers, and industry leaders. AI comments: “I am thrilled to welcome more industry experts to join our Web3-enabling mission. AI is redoubling its commitment to secure and sustainable growth of the Web3 ecosystem, offering the market’s only fully compliant, secure, all-in-one solution for tapping into entirely new revenue streams and community-building capabilities through NFTs.

Article source
dailycoin






Topic 36



What Is Tether (USDT)? Should You Invest In USDT in 2022

What Is Tether (USDT)? Should You Invest In USDT in 2022

They are cryptocurrencies that are supposed to keep their value stable by being tied to a more stable underlying asset, such as a national currency. Unlike other cryptocurrencies, which are known to be volatile, these are digital currencies that are tethered to real-world assets — the US dollar, for example — to preserve a steady value. They have the ability to ride out the bear market and absorb the losses. There are various digital wallet providers, but you should conduct thorough research before deciding which one is ideal for you. Your information is secure and encrypted, and it is exclusively held in Indian data centres. You must have a mobile number associated with your Aadhar card. After you’ve been enabled, you’ll be requested to provide an additional six-digit one-time password, in addition to your email and password, every time you log in to your own account. Using Facebook or LinkedIn, add 2FA to your social media provider settings. Start Trading – Trade in Tether (USDT) at best price from Classic or OTC market. Why Invest In Tether (USDT) In 2022 Tether and other stablecoins have made it simple and quick to convert any cryptocurrency to Tether, whereas converting a cryptocurrency to cash would take days and incur transaction costs. For these and other reasons, it is still wise to evaluate Tether as a potential investment.

Article source
blog.buyucoin






Topic 38



The European Central Bank Published Privacy Options for CBDC

The European Central Bank Published Privacy Options for CBDC

When it comes to CBDCs, one of the main public concerns rests upon the potential encroachment upon privacy. The bank noted that this offline option could only be available for low-value/low-risk payments. ADVERTISEMENT Crypto venture adviser Patrick Hanse described the offline payment scenario as “theoretically pretty close to physical cash payments.” Anonymity is Not Desirable While stating that the Eurosystem should only have restricted access to transaction data, the bank clearly outlined that user anonymity is not a desirable feature because of concerns related to money laundering.

Article source
cryptopotato






Argentinian Digital Bank Brubank Includes Crypto Purchases in Its Platform

Argentinian Digital Bank Brubank Includes Crypto Purchases in Its Platform

Brubank, one of the first Argentinian digital banks approved by the central bank of the country, is getting into the cryptocurrency business. Brubank, an all-digital financial institution licensed by the country’s central bank, has reported it is now offering cryptocurrency purchase services in its app. However, cryptocurrencies are still not regulated in the country, and banks cannot offer cryptocurrency investments by themselves. What do you think about the inclusion of crypto in another Argentinian bank?

Article source
blog.buyucoin






The Biggest Family-Owned Private Bank To Offer BTC and ETH Trading

The Biggest Family-Owned Private Bank To Offer BTC and ETH Trading

LGT Bank’s CEO Roland Matt explained that ‘When developing our new offering, we paid particular attention to security while focusing on clear, reliable processes and procedures.

Article source
dailycoin






Topic 39



Solana Pay Introduces Transaction Requests For Developers

Solana Pay Introduces Transaction Requests For Developers

Solana Pay keeps reshaping the payments domain by introducing transaction requests for merchants and developers. Its latest development has worked on this demand by bringing Solana transactions into the real world. The wallet app perceives the code as a transaction request link by Solana Pay. The newly introduced functionality facilitates a simple purchase process for every transaction on Solana.

Article source
cryptonewsz






Topic 41



SHIB Army Burns 1.4 Billion Shiba, Removing 1 Billion in Single Transfer

SHIB Army Burns 1.4 Billion Shiba, Removing 1 Billion in Single Transfer

Another significant portion of circulating SHIB tokens has been removed and locked up permanently Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. The largest single transfer moved a staggering 1,408,069,572 SHIB to an “inferno” wallet eight hours ago, and it was made from the 0xffd50e51186fce01bd8c386a0202080255996fbd address. Image via Shibburn Earlier this week, U.Today reported that over 700 million Shiba were burned within 24 hours. According to Michael Phillips, the president, adoption of cryptocurrencies is the company’s first step in the integration of innovations related to the digital sphere.

Article source
u.today






1 Trillion SHIB Whales Grab Another 130.5 Billion Shiba: Report

1 Trillion SHIB Whales Grab Another 130.5 Billion Shiba: Report

Whales with over 1 trillion SHIB in their wallets have purchased additional 130.5 billion Shiba Inu 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. On May 4, the owner of this wallet also acquired 70,606,169,414 SHIB. Last summer, news came out that German-based fashion house Philipp Plein also began to accept cryptocurrencies after striking a partnership deal with crypto payments processor Coinfy.

Article source
u.today






Topic 42



Bitlocus and Striga launch crypto-enabled debit card

Bitlocus and Striga launch crypto-enabled debit card

Bitlocus, an emerging fintech company that gives fiat users a gateway to interact with DeFi, and Striga, a banking as a service crypto-native platform, joined forces to launch a crypto-enabled debit card for eligible Bitlocus users, Coin Journal learned from a press release. Bitlocus CEO Andrius Normantas said: The card is a natural addition to the portfolio of other Bitlocus products.

Article source
coinjournal.net






Fintech Firm Bitlocus to Launch Crypto-Friendly Visa Debit Cards

Fintech Firm Bitlocus to Launch Crypto-Friendly Visa Debit Cards

Bitlocus – a global emerging fintech company based in Lithuania – announced on Thursday that it has partnered with Estonia-based fintech company Striga, which develops tech infrastructure for crypto companies, to roll out crypto-friendly debit cards for its customers across the European Economic Area and the globe. Bitlocus said that the crypto-enabled debit cards will enable its clients to use their cryptocurrencies to buy goods and services just the way they spend traditional currencies where Visa is accepted globally. Bernardo Magnani, CEO at Striga, also commented on the collaboration and stated: “our partnership with Bitlocus has been critical in the evolution of Striga as a company and dates to our early days when we were running our own crypto card program under the brand Lastbit. In September last year, Bitlocus launched its innovative B2B products, including white-label exchange, crypto mass payouts, IEO launchpads, crypto payment gateway, and custom pair (with fiat) token listing services, designed to cater for the needs of crypto projects of any size and scale.

Article source
Blockchain.News






Topic 44



FTM Reclaims Rank in Top 10 ETH Whales, $1K Purchased

FTM Reclaims Rank in Top 10 ETH Whales, $1K Purchased

Fantom (FTM) token re-enters the list of top ten ETH whale tokens. In detail, among the average 2,000 FTM token quantity, $1,686 worth of the token was purchased, which made FTM enter the top ten list. Meanwhile, prior to the latest listing of FTM, the LDO token of Lido Finance entered the top ten purchased tokens among the 500 biggest ETH whales. Fantom is an open-source smart contract platform for digital assets and dApps.

Article source
coinquora






Whales’ Large Purchases of RadioCaca (RACA) Help Token Rise 10%, Outperforming STEPN, Bitcoin, Dogecoin, and Ethereum

Whales’ Large Purchases of RadioCaca (RACA) Help Token Rise 10%, Outperforming STEPN, Bitcoin, Dogecoin, and Ethereum

The biggest whales on BNBChain are out shopping, buying massive quantities of RadioCaca’s RACA cryptocurrency. JUST IN: $RACA @RadioCacaNFT now on top 10 by trading volume among 500 biggest #BSC whales in the last 24hrs 🐳 Peep the top 100 whales here: https://t.co/f4ZJg8SIWe (and hodl $BBW to see data for the top 500!)#RACA #whalestats #babywhale #BBW pic.twitter.com/waGuKqJbeH — WhaleStats – the top 1000 BSC richlist (@WhaleStatsBSC) May 3, 2022 Massive purchases by whales aligned with positive crypto market sentiment following the U.S. Fed’s decision to raise interest rates by .5 percentage points. Together they prompted RACA to rise more than 10% in the last 24 hours, returning to the $0.0011 range. In April, for example, the RadioCaca website had more than 2.6 million users, an increase of 13% compared to March. In another recent development, RadioCaca participated in the event held at Marmara University Faculty of Communication with the name “BlockChain, Cryptocurrencies, Metaverse and Beyond,” in which it presented its entire ecosystem its tools, and the possibilities of the metaverse to the attendees.

Article source
nulltx






Topic 45



Zilliqa (ZIL) Spiked by 40%, Showing Dominance on Market: Here

Zilliqa (ZIL) Spiked by 40%, Showing Dominance on Market: Here’s Why

Zilliqa, which surprised the crypto market with a 400% pump in March, is showing strength once again Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Ads Zilliqa becomes oversold The only technical explanation behind such a strong price could be tied to the fact that ZIL was one of the most actively sold cryptocurrencies on the market after a 400% rally.

Article source
u.today






Highlights May 5: Crypto markets rally, Zilliqa is up 37%

Highlights May 5: Crypto markets rally, Zilliqa is up 37%

The crypto market is entirely in the green today with most top 100 coins rallying at the time of writing. They are all in the green without exception, the biggest winner being Tron, which cracked the top 20 as predicted. It ranks as the 19th biggest coin by market cap, just behind NEAR Protocol, with gains of 20% today and 35% over the past seven days. Trending The biggest winner today is the token of PetWars, a free-to-play turn-based online collectible trading card game.

Article source
coinjournal.net






Topic 47



$19M Sales in Less Than Two Months: DecentWorld Metaverse Shares First Results

$19M Sales in Less Than Two Months: DecentWorld Metaverse Shares First Results

PRESS RELEASE – ZUG, Switzerland Whilst some are still wondering if virtual real estate is actually a thing, the early birds are already making moves and paying six-figure amounts to secure Street NFTs in the metaverse. According to DecentWorld, a real-world based metaverse platform, the popularity of virtual real estate is growing – just within the first 1.5 months since the platform launch, the top 15 most expensive Streets on DecentWorld have already been purchased, the total value of the Street NFTs sold on the platform make up over $19 million. Virtual Streets are sorted into four different levels depending on the status of their real-world location. Quality User Experience Differently from many competitors in the industry, the DecentWorld team is creating a real-world-based metaverse, which brings unique value to the virtual reality space through an immersive, gamified user experience.

Article source
cryptopotato






What’s on Guide to the Metaverse – May 6th-May 8th, 2022

What’s on Guide to the Metaverse – May 6th-May 8th, 2022

So, without further ado, below are this weekend’s metaverse NFT events highlights in Decentraland and Cryptovoxels. Slices of the Metaverse 29 When: May 8 at 8PM UTC Where: 15, 55 Join each week as new users are introduced to Decentraland. Connect with NFT Plazas Join the Weekly Newsletter Join our Discord Follow us on Twitter Like us on Facebook Follow us on Instagram *All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only.

Article source
blog.buyucoin






OVER Announces Integration of Sandbox NFT; Could This Be a Step Towards an Open Metaverse?

OVER Announces Integration of Sandbox NFT; Could This Be a Step Towards an Open Metaverse?

OVER Announces Integration of Sandbox NFT; Could This Be a Step Towards an Open Metaverse? Also, there is a massive improvement in what is achievable on the app with the latest integration, which enables users to control their Sandbox NFT. To create an OVER account and use the “My NFT” feature in the OVER App, Click here: https://www.overthereality.ai/blog/tutorial-my-nft/. To download the app, Google Play or AppStore.

Article source
cryptonewsz






Topic 49



Marathon Digital Releases Q1Result, Generating 1,259 BTC with YoY Increase of 556%

Marathon Digital Releases Q1Result, Generating 1,259 BTC with YoY Increase of 556%

Marathon Digital Holdings, Inc, one of the largest bitcoin mining companies in North America, announced that its bitcoin production output increased by 556% year-over-year to 1,259 BTC for the first quarter of 2022.

Article source
Blockchain.News






Topic 51



Bexplus Offers 100x Leverage and 100% Bonus to Maximize Traders’ Profits

Bexplus Offers 100x Leverage and 100% Bonus to Maximize Traders’ Profits

PRESS RELEASE – Please Read Disclaimer Recently, the Bitcoin market remains volatile, but big fluctuations also bring incomparable opportunities. Considering this situation, Bexplus has launched ways to multiply traders’ profits – 100% bonus and 100x leverage. Take the example above, the profit will be doubled to 4.87 BTC *2 = 9.74 BTC, with the ROI of 974%. No matter if you are a beginner or skilled trader in the crypto futures market, it’s time for you to turn to 100x leverage crypto trading in Bexplus to make greater fortunes!

Article source
cryptopotato






Cardano (ADA) and Crypto.Com (CRO) Might Be the Best Bet For Traders In May. Here’s Why

Cardano (ADA) and Crypto.Com (CRO) Might Be the Best Bet For Traders In May. Here’s Why

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. Also Read : Binance to Invest $500 Million With Elon Musk in Twitter Takeover Cardano (ADA) and Crypto.com (CRO) Are undervalued The entire crypto market is a bit shaky right now. Data from Santiment shows the number of crypto wallets with more than 10 million Ada has increased by nearly 2.15% since mid-April, hinting that whales are eying a recovery. From the start of the year, the asset is down by over 40%, having been priced at $0.51 when 2022 began.

Article source
coinpedia.org






Traders Lookout for These Entry Levels as Tron(TRX) Price Poised for A 5x Rally to Hit $0.2 Soon!

Traders Lookout for These Entry Levels as Tron(TRX) Price Poised for A 5x Rally to Hit $0.2 Soon!

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Therefore, the price now appears to be primed to achieve $0.1 before the end of the day’s trade. The pair after slicing through the 1577 day-old resistance may find its way out to hit 0.00000294 BTC or $0.12 in the next couple of days.

Article source
coinpedia.org






Topic 52



DOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problem

DOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problem

Polkadot (DOT) price ticked higher in the past 24 hours on anticipations that its new cross-chain communications protocol would solve a long-standing problem in the blockchain sector. On May 4, it began with a 50 bps cut, with chairman Jerome Powell promising more 0.5% increments. Source: TradingView As a result of this hawkish tone, Bitcoin’s current price rebound could fizzle out once more short of $40,000, taking down the rest of the crypto market with it, DOT included. Meanwhile, the neckline area coincides with the 50-day exponential moving average (50-day EMA; the red wave in the chart below) at $18.20, which sets up a potential pullback scenario following the next upside attempt. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com.

Article source
cointelegraph






5 Most Anticipated Blockchain NFT Games to Watch This May 2022

5 Most Anticipated Blockchain NFT Games to Watch This May 2022

As the year approaches its halfway mark, it is time to look at which blockchain games are anticipated for the month of May. What are the updates for existing games and what games are launching this month? Skrice Studio’s Mavia Game is a AAA game which is the first base-builder strategy game for web3. pic.twitter.com/nDbQ7tAwC0 — Heroes of Mavia (@MaviaGame) April 6, 2022 The Alliance feature will be operational this month. This new feature will be released in a few short weeks on the official Mavia website, begin preparing your teams today! These BNB Chain Sneakers are SOG (Solana Original Gangster) Sneakers, which are not Genesis Sneaker Grade and will not qualify for further Genesis Sneaker Perks. 🎁 INSTANT PROFIT 🎁 All players who join 6/7 days will earn 6 gTHG and 1 FREE LEGENDARY COSMETICS – DONUT SPACESHIP. While new games are rising up and new gameplays are introduced in the list, what does the future hold for blockchain gaming for the rest of 2022 and beyond?

Article source
bitpinas






Topic 53



Dogecoin Price Could Plunge To $0.11 Owing To A Consistent Downslide

Dogecoin Price Could Plunge To $0.11 Owing To A Consistent Downslide

Dogecoin, the largest meme-coin by market capitalisation has bled for close to a week now. In the past week, Dogecoin lost 4.9% because of falling buying strength. Related Reading | Dogecoin Displays A Falling Wedge Pattern; Here’s What It Means Technical Analysis The bulls in the market tried to find their way back over the last trading sessions as the coin attempted to trade above the 20-SMA line. The indicator was seen above the half-line signifying that capital inflows have experienced an increase. Over the short-term, DOGE has depicted a bearish price action, however, demand from investors could drive the bears away over the upcoming trading sessions.

Article source
newsbtc






Topic 54



Crypto Hedge Fund Pangea Fund Receives $85m in Financing

Crypto Hedge Fund Pangea Fund Receives $85m in Financing

Cryptocurrency hedge Fund Pangea Fund has raised $85 million to focus on a “long-only” strategy. “The fund’s concentration in just a few tokens will also allow it to focus on supporting an important element of Decentralization: projects’ governance, “said Watkins Image source: Shutterstock

Article source
Blockchain.News






Topic 55



Top Gaming Coins To Check: Sandbox (SAND), Axie Infinity (AXS), And Pac-Man Frog (PAC)

Top Gaming Coins To Check: Sandbox (SAND), Axie Infinity (AXS), And Pac-Man Frog (PAC)

Contact me: email protected Pacman Frog (PAC) is set to take digital gaming to the next level. After having seen some decrease in value recently, this is probably the best time to go ahead and purchase some Sandbox (SAND) for yourself. The platform gives its users the ability to fight against each other using their Axies (Pokemon-like creatures). PacMan Frog (PAC) PacMan Frog (PAC) is a new gaming venture that plans to build a decentralised community aimed at aiding the development of web 3.0. Clearly, the project is community-driven and that’s something that will help it on its quest to become one of the most sought-after cryptos. Investors are advised to get their presale orders from the coin’s website.

Article source
coinpedia.org






Top 5 Metaverse Crypto Coins Below $30 Million Market Cap to Watch in May 2022

Top 5 Metaverse Crypto Coins Below $30 Million Market Cap to Watch in May 2022

Metaverse Crypto coins show bullish momentum today as many projects exhibit double-digit price growth. While the Fed recently announced a significant increase in interest rates that could spell bearish momentum for crypto markets, Bitcoin and Ethereum aren’t showing signs of downfall. Today we look at our pick of the top five best Metaverse crypto coins with a market cap below $30 million to watch in May 2022. vEmpire also features a native play-to-earn NFT-based trading card game called vEmpire: The Beginning. Dotmoovs (MOOV) – $25.3 million Launched in June 2021, Dotmoovs (MOOV) is a leading Metaverse crypto move-to-earn token best described as a crypto version of TikTok. Dotmoovs features a mobile app available on Android and iOS devices, enabling users to compete against others in freestyle soccer and dancing challenges. MOOV is the primary utility asset on the platform, featuring both BEP-20 and ERC-20 versions on the BNB and Ethereum blockchains. You can purchase MOOV on Uniswap, BKEX, Hotbit, Gate.io, PancakeSwap, etc. If you want to see one of the best-designed websites and platforms in crypto right now, we recommend visiting the Star Atlas official website and connecting to its dApps via a Solana-based Web3 wallet like Phantom. This means that Star Atlas’ Solana-based Metaverse will integrate with The Sandbox’s Ethereum-based virtual world, marking the first step to Metaverse interoperability across blockchains. GameFi also offers a unique Initial Game Offering (IGO) launchpad for those looking for newly released Metaverse crypto coins and games to trade/invest in. Follow us on Twitter @nulltxnews to stay updated with the latest Metaverse news!

Article source
nulltx






Topic 56



The Nightly Mint: Daily NFT Recap

The Nightly Mint: Daily NFT Recap

The NFT ecosystem had a quieter day on Wednesday, but there is always action to cover. Shanghai residents are minting NFTs to shed light on current conditions, and there’s drama in a non-Ethereum blockchain NFT marketplace that is causing rifts.

Article source
newsbtc






Kraken Daily Market Report for May 04 2022

Kraken Daily Market Report for May 04 2022

Overview Daily spot trading volume: $851.8 million, 30 day average spot: $714.4 million. Strong returns from Waves (+29%), Curve Dao (+21%), and Tron (+19%). Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (May 04 2022) Figure 2: Mid-size trading assets: (measured in USD) (May 04 2022) ###########.

Article source
blog.kraken






Waves(WAVES), Zilliqa (ZIL) & Anchor Protocol(ANC) Exploded Heavily, These May Be the Daily Close Target!

Waves(WAVES), Zilliqa (ZIL) & Anchor Protocol(ANC) Exploded Heavily, These May Be the Daily Close Target!

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. The price in the past couple of days attempted a larger rebound from the lower support but eventually failed to slice through the upper resistance. Waves (WAVES) Waves price appears to have ended a month-long descending consolidation that had dragged the price from $50 to as low as $12. Also Read: Tron(TRX), Waves(WAVES) & Curve (CRV) Record Gains While Major Crypto Plunge !

Article source
coinpedia.org






Topic 57



Gucci the latest luxury brand to accept crypto payments in store

Gucci the latest luxury brand to accept crypto payments in store

The Italian high-end fashion label Gucci has announced it will begin accepting cryptocurrency payments by the end of the month in five of its United States stores, with plans to extend the service to all of its 111 stores in North America. Gucci will accept 12 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Wrapped Bitcoin (wBTC), Litecoin (LTC), Shiba Inu (SHIB), Dogecoin (DOGE) and five U.S. dollar stablecoins, according to Vogue Business. Gucci has recently been on a Web3 adoption spree with two NFT collections launched in 2022 — the “SUPERGUCCI” collection in February in collaboration with toy brand SUPERPLASTIC, and the “Gucci Grail” collection in March targeting owners of existing blue-chip NFT projects such as Bored Ape Yacht Club, Pudgy Penguins and World of Women. In March, the fashion label Off-white started accepting payment with six cryptos in its flagship stores in Paris, Milan and London.

Article source
cointelegraph






Gucci to Accept Cryptocurrency Payments in US

Gucci to Accept Cryptocurrency Payments in US

The world-renowned luxury brand Gucci will accept cryptocurrency payments by the end of this month and plans to roll it out to direct-operated North American stores this summer, according to Vogue Business.

Article source
Blockchain.News






Topic 58



ONMO launches Crypto payments for these users

ONMO launches Crypto payments for these users

Bangalore: ONMO, the direct-to-consumer social esports mobile gaming platform from OnMobile has announced enabling transactions through Bitcoin for players across the globe. With the rapid adoption of Crypto, we have now added Bitcoin as the main payment method to play games on ONMO across the globe.

Article source
timesofindia.indiatimes, 91341779.cms






Topic 59



Binance Chooses Paris as Europe’s ‘Crypto Hub,’ Is It The Ideal Way?

Binance Chooses Paris as Europe’s ‘Crypto Hub,’ Is It The Ideal Way?

Binance gets approved in France as it promises to make Paris Europe’s “Crypto Hub.” But if we want to reach mass adoption, most of the mass users will prefer a licensed, regulated exchange, Zhao, also known as CZ, shared the news in a tweet on his official Twitter page. “The company (#Binance) said it would make Paris its European hub after France’s financial markets regulator formally granted #Binance the right to offer and market its services to local customers.

Article source
coinquora






Binance Provides Blockchain Education to Francophone Africa, Narrowing the Financial Gap

Binance Provides Blockchain Education to Francophone Africa, Narrowing the Financial Gap

To offer lifelong financial and career development to French-speaking Africans, leading crypto exchange Binance is offering blockchain education in Cameroon and Francophone Africa. Binance has been carrying out multiple educational events to enlighten the French-speaking Africans about the opportunities rendered by the crypto space and how they can make a living from them. George, one of the beneficiaries, pointed out: “I decided to become a Binance P2P merchant after reading up on their mode of operations.

Article source
Blockchain.News






Topic 60



Bitcoin celebrates halfway to the halving with new hash rate record

Bitcoin celebrates halfway to the halving with new hash rate record

Bitcoin (BTC) marks a milestone mining journey on Thursday, crossing the halfway point on the way to its next halving. In Block number 735,000, mined at approximately 10:29 UTC, Bitcoin crossed the halfway point to the next halving. As the Cointelegraph Cryptopedia explains, “As a result of the halving cycle, the supply of available Bitcoin decreases, raising the value of Bitcoins yet to be mined.” In essence, roughly $250,000 worth of BTC is minted with every new block.

Article source
cointelegraph






S&P500, Bitcoin and Gold on Rise Following Historic Rate Hike: Here

S&P500, Bitcoin and Gold on Rise Following Historic Rate Hike: Here’s What’s Next

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. Following the historic and long-awaited rate hike by the Fed, most assets on the cryptocurrency and traditional financial markets rallied, as Santiment reported, after investors and traders correctly priced the hike. https://t.co/F0jEa9pNl3 pic.twitter.com/ofsiYVLYL0 — Santiment (@santimentfeed) May 5, 2022 The tapering will begin on June 1 with $47.5 billion, and with $90 billion expected initially.

Article source
u.today






Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?

Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?

Despite the Federal Reserve (Fed) increasing interest rates by half a point (0.5%), Bitcoin (BTC) soared by 6% to reach $40,002. Market insight provider Santiment explained: “The Fed made their move as expected, with a 50 basis point interest rate rise. Meanwhile, Bitcoin might be painting a bullish picture based on the current narrow playing field because this could trigger a big impulse move, according to Market analyst Michael van de Poppe.

Article source
Blockchain.News






Topic 61



Nifty News: Steve Irwin

Nifty News: Steve Irwin’s zoo conservation NFTs, SportemonGo is gone, and more

The Crocodile Minter Australia Zoo, the famous animal sanctuary owned by Terri Irwin, the widow of Steve Irwin or the crocodile hunter, has launched a nonfungible token (NFT) project called “Wildlife Warriors.” pic.twitter.com/KmxfOfIJb2 — Australia Zoo (@AustraliaZoo) May 4, 2022 SportemonGo is a no go Despite signing a three-year sponsorship deal with pro-Scottish football team Hibernian F.C., also known as Hibs, in September last year, NFT and fan token platform SportemonGo (SGOX) shut down shop this week. The “Shooting Star” NFTs are set for a pre-sale of 3,000 tokens on May 9, and a general sale of 6,500 tokens the following day. It hasn’t specifically been outlined what further utility the NFTs will have, but they will each have a new and unique design after the conversion. Cybersecurity expert Malwarebytes Labs has identified and disclosed the rising popularity of ape-themed airdrop phishing scams among crypto and NFT scammers.

Article source
cointelegraph






Blur Releases Blur Beta, Real-time Trading Platform for NFTs

Blur Releases Blur Beta, Real-time Trading Platform for NFTs

Blur announced that it is releasing Blur Beta, a real-time trading platform for non-fungible tokens (NFTs). With the release of Blur Beta, the company claims to be building the best NFT marketplace for professional traders. The startup firm said, “current NFT marketplaces prioritise the retail experience, but they neglect the growing needs of pro traders,” in a blog post after completing the funding round. News, Bored Ape Yacht Club (BAYC) creator Yuga Labs said that it raised $450 million in funding in a round led by Andreessen Horowitz (a16z).

Article source
Blockchain.News






SparkWorld* Partners with Kalao to Offer Banksy NFTs

SparkWorld* Partners with Kalao to Offer Banksy NFTs

The NFT platform and community hub SparkWorld* signs a partnership deal with Kalao, one of the most sought-after NFT marketplaces built on Avalanche. As per the terms of this competition, ten lucky users will get the chance to get to the whitelist upon successfully predicting the price of the NFT collection before the sale ends. The NFT collection in question is titled “Love is in the Air,” representing fractional ownership of the Banksy artwork purchased for $12.5 million from Sotheby’s by Particle. This new move from SparkWorld* and Kalao will bring much-needed exposure for fractional NFT-based ownership. So, the roadmaps for the future from this partnership could potentially explore these areas.

Article source
cryptonewsz






NFTs: Are They Good Investments By Contrast with Cryptos?

NFTs: Are They Good Investments By Contrast with Cryptos?

Considering the present-day conditions, do NFTs possess inherent market efficiency as long-term investments by comparison with virtual currencies similar to cryptocurrencies? Conversely, NFTs are not designed to act similarly to ETFs where the investor is acknowledged about the factual pricing algorithm. One of the best alternatives for investments may be cloud-based cryptocurrency mining (particularly Bitcoin, the perfect store of value). NFTs first appeared in 2014; however, it was 2021 that boosted this trend to become the headliner in digital transformation. The BTC value is also formed following similar principles, but how can NFT investment inflows possibly be worse than virtual currency investing?

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cryptonewsz






Topic 62



Crypto trading addicts pay $90k to treat “addiction”

Crypto trading addicts pay $90k to treat “addiction”

Treatment Centers worldwide are now considering crypto trading as an addiction, with some offering to treat the “ailment” for as high as $90,000, Bloomberg reported. Despite cases of people like Rojas, the idea of crypto trading being addictive is controversial. The senior specialist therapist there, Anthony Marini, explained a “crypto curve” that starts from “highly fulfilling” trading to dependency.

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cryptoslate






Australia Zoo Rolls Out NFT Project to Pay Tribute to Wildlife Warriors’ Conservation Efforts

Australia Zoo Rolls Out NFT Project to Pay Tribute to Wildlife Warriors’ Conservation Efforts

To celebrate the 20th anniversary of Wildlife Warriors’ role in protecting injured, threatened, or endangered wildlife, Australia Zoo has launched a non-fungible token (NFT) project to raise funds and awareness to protect Australia’s wild places and wildlife. With the partnership with Australian-based technology startup Meadow Labs, the limited NFT series will be hosted on the Algorand blockchain based on low transaction fees, which are converted to carbon offsets. He added: “We’re really excited to partner with Australia Zoo in their first foray into Web3 and their mission of fighting for the planet’s wildlife and wild places, one NFT at a time.

Article source
Blockchain.News






Topic 63



MIAMI GRAND PRIX – Read the all-new digital race programme here

MIAMI GRAND PRIX – Read the all-new digital race programme here

Check out our all-new digital race programme for this weekend’s Formula 1 Crypto.com Miami Grand Prix 2022 in Florida, including features on Lewis Hamilton’s biggest challenge yet, Mexico’s finest Sergio Perez, and the F1 aspirations of Miami racer Logan Sargeant – plus stats on all 10 teams… Read your free F1 Race Programme by visiting e-m.media/f1/

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formula1, article.miami-grand-prix-read-the-all-new-digital-race-programme-here.67qGkIFh4OjnTEDac69Cap.html






BSP CBDC Digital Currency Initiative Scheduled for Q4 2022

BSP CBDC Digital Currency Initiative Scheduled for Q4 2022

Share some Bitpinas love: Sign up with your email and never miss another crypto and NFT story from the Philippines and beyond! So that’s the purpose of this pilot,” – Benjamin Diokno, BSP Governor In addition to printing money, central banks can issue CBDCs as a digital representation of a country’s fiat currency. The BSP explained that wholesale CBDCs may contribute in addressing frictions on large cross-border foreign currency transfers, settlement risk exposure from using commercial bank money in equities, and operating an intraday liquidity facility. Read more: BSP To Pilot Central Bank Digital Currency Project) This article is published on BitPinas: BSP CBDC Digital Currency Initiative Scheduled for Q4 2022 Disclaimer: BitPinas articles and its external content are not financial advice.

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bitpinas






Binance Approved as a Digital Asset Service Provider in France

Binance Approved as a Digital Asset Service Provider in France

Binance has received registration for operating in France as a Digital Asset Service Provider. Features of Binance that help the platform grow in the industry are eWallets, Mobile Trading, and Analytical Charts, on top of 24/7 customer support & many more. Requirement by Autorité des marchés financiers and the Autorité de Contrôle Prudentiel et de Résolution state certain high standards that are necessary to operate in France. He reiterated that customers could trust Binance more as it was officially registered for DASP in France. David Princay added that extra protection levels would help Binance facilitate the growth of cryptocurrency and bring higher liquidity to the market.

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cryptonewsz






Topic 64



Crypto exchange Coinbase opens up NFT marketplace to all users

Crypto exchange Coinbase opens up NFT marketplace to all users

Coinbase Global Inc (COIN.O) is opening up its non-fungible token (NFT) marketplace to all users, the U.S. cryptocurrency exchange said in a Twitter post on Wednesday, a platform which it had earlier rolled out for select users in the United States. First announced in October last year, the platform was opened up to a “small number” of users in the U.S. in April and the company had at the time said more users would be added from a waiting list over the next three to five weeks while the platform is tested.

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indianexpress






Topic 65



Topic 66



Dogecoin, Shiba Inu Underperform Broader Crypto Market ...

Dogecoin, Shiba Inu Underperform Broader Crypto Market …

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk journalists are not allowed to purchase stock outright in DCG.

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coindesk






Shiba Inu has a new use case — Buying land in SHIB: The Metaverse

Shiba Inu has a new use case — Buying land in SHIB: The Metaverse

Holders of the popular memecoin Shiba Inu (SHIB), will now be able to use the cryptocurrency to purchase land in the Shiba metaverse. On Wednesday, the Shiba Inu team took to Twitter to reveal that the SHIB token could now be used to mint parcels of land in the recently unveiled virtual reality project “SHIB: The Metaverse.” Land plots in the SHIB metaverse are set to be released in phases. Overall, price action concerning the token remains sluggish, with SHIB currently down 12.3% over the past two weeks.

Article source
cointelegraph






New Shiba Inu Trading Pair Lists on Binance: Details

New Shiba Inu Trading Pair Lists on Binance: Details

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. To encourage SHIB trading on its platform, top cryptocurrency exchange Binance announced a giveaway of over $100,000 in SHIB for new users, allowing them to earn free Shiba Inu (SHIB) tokens in March. In April, brokerage app Robinhood listed Shiba Inu, to the delight of the Shiba Inu community that had worked for it to be listed. The total number of SHIB holders is currently 1,144,159, according to WhaleStats.

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u.today






Shiba Inu and Dogecoin Now Accepted by Gucci

Shiba Inu and Dogecoin Now Accepted by Gucci

Gucci, one of the famous fashion brands, will start accepting Bitcoin, Dogecoin, Shiba Inu, and some other cryptocurrencies at select locations in North America, according to a report published by Vogue Business. As reported by U.Today, German fashion house Philipp Plein started accepting cryptocurrencies last August after partnering with crypto payment provider Coinfy.

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u.today






Topic 67



TRON Promises “Financial Freedom” With Stablecoin Launch

TRON Promises “Financial Freedom” With Stablecoin Launch

Key Takeaways USDD has launched on TRON, BNB Chain, and Ethereum. The blog post announcing USDD’s launch also made the bold claim that the stablecoin would help make “financial freedom” a reality. In it, the team says that USDD is “embarking on the Stablecoin 3.0 era on TRON.” Sun said that holders would be able to earn the lucrative yield through the TRON DAO Reserve that was recently established to manage the stablecoin and touted a vision of “a giant leap for mankind in pursuing the ultimate financial freedom.” It says that USDD mining is live on a TRON-based mining platform and the Poloniex cryptocurrency exchange. “ In some senses, TRON’s vision for USDD takes inspiration from Terra and its algorithmic stablecoin, UST. Disclosure: At the time of writing, the author of this piece owned ETH, CRV, and several other cryptocurrencies.

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cryptobriefing






AVAX rallies by 9% following the launch of Valkyrie’s Avalanche Trust

AVAX rallies by 9% following the launch of Valkyrie’s Avalanche Trust

The cryptocurrency market has performed well over the past 24 hours and the total market cap could break past the $1.8 trillion mark soon. Key levels to watch The AVAX/USD 4-hour chart is bullish, thanks to Avalanche’s ongoing positive performance. However, it would need the support of the broader market to cross the $79.65 resistance point.

Article source
coinjournal.net






Topic 68



Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement

Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement

Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “ SEC commissioner Hester Peirce, also known in the crypto community as “crypto mom” for her pro-crypto stance, commented on Twitter: The SEC is a regulatory agency with an enforcement division, not an enforcement agency. Congressman Patrick McHenry (R-N.C.) tweeted stating that SEC Chair Gary Gensler’s regulation by enforcement “is stifling American innovation.” 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.

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news.bitcoin






Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement

Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement

Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “ SEC commissioner Hester Peirce, also known in the crypto community as “crypto mom” for her pro-crypto stance, commented on Twitter: The SEC is a regulatory agency with an enforcement division, not an enforcement agency. Congressman Tom Emmer (R-MN) questioned: “I wonder how many taxpayer dollars are being wasted in Gary Gensler’s personal crusade against the crypto industry?”

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blog.buyucoin






SEC commissioner rebels against hike of crypto enforcement staff

SEC commissioner rebels against hike of crypto enforcement staff

Hester Peirce, a member of the Securities and Exchange Commission (SEC), took to Twitter on Tuesday to express her displeasure with the establishment of 20 additional employees to the regulatory agency’s crypto enforcement unit. According to sources, the agency is looking into whether or not NFTs should be under its jurisdiction.

Article source
tronweekly






Topic 69



ApeCoin Could be Elon

ApeCoin Could be Elon’s New Favorite! Did he Buy the Crypto?

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analyticsinsight.net






Topic 70



Cronos Slates Mainnet v0.7.0 Upgrade Launch for May 10

Cronos Slates Mainnet v0.7.0 Upgrade Launch for May 10

After completing the test run on the chain, Cronos announces the launch of the mainnet beta upgrade. Not only that, the Cronos team intends to address several bugs and issues. It helps bring a dynamic fee structure and a flexible fee calculation to the entire blockchain network. Upon implementation, this feature can estimate the fees for the next block depending on various factors like network utilization and demand. The new v0.7.0 upgrade will be a game-changer for the Cronos blockchain to keep up with the web3 race.

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cryptonewsz






Topic 71



Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’

Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’

Bitcoin (BTC) consolidated below $40,000 on May 5 after United States economic policy excitement saw a spike to one-week highs. With that, a modest market rally left Bitcoin eerily lacking volatility in what was a strong contrast to previous Fed pronouncements on topics such as inflation. “With so many people calling for melt ups and melt downs, maybe the pain trade is to chop sideways in risk assets for a long time,” economist Lyn Alden argued. Source: Whalemap/ Twitter The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

Article source
cointelegraph






Bitcoin Option Expiry in Next 48 Hours, Here’s How BTC Price Might Respond

Bitcoin Option Expiry in Next 48 Hours, Here’s How BTC Price Might Respond

He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space. The professional investors are more concerned about the effect of the US Federal Reserve’s tightening economic policies. Hence, if the Bitcoin price does not improve and remains below $39,000 even on May 6, then the bears will get $100 million worth of these put(sell) options accessible to them.

Article source
coinpedia.org






Bitcoin Price Prediction for Today May 5: BTC Price Fails To Hold Above $40.04K

Bitcoin Price Prediction for Today May 5: BTC Price Fails To Hold Above $40.04K

Bitcoin May Retrace Above $38.8K as It Fails To Hold Above $40.04K – May 5, 2022 BTC price has broken the resistance at $39,223 as it fails to hold above $40.04K. The upside momentum will resume if the bulls reclaim the $40,000 psychological price level. Resistance Levels: $70,000, $75,000, $80,000 Support Levels: $50,000, $45,000, $40,000 Bitcoin is recovering after falling to the low of $37,562 as bulls bought the dips. Conversely, if the bulls fail to break the recent high, BTC/USD will decline to $37,633 support. He is the first person to receive a Bitcoin transaction from none other than Satoshi Nakamoto. He passed away from amyotrophic lateral sclerosis (ALS), also known as motor neuron disease, in Phoenix in 2014.

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insidebitcoins






Topic 72



TA: Ethereum Regains Strength But $3K Is Still A Major Hurdle

TA: Ethereum Regains Strength But $3K Is Still A Major Hurdle

Ethereum started a decent increase above the $2,920 resistance against the US Dollar. ETH must clear $2,980 and $3,000 to continue higher in the near term. Ethereum started a steady recovery wave above the $2,900 resistance. There is a major bullish trend line forming with support near $2,900 on the hourly chart of ETH/USD (data feed via Kraken). On the upside, an initial resistance is seen near the $2,970 level.

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newsbtc






The Flippening – Ethereum Has Overtaken Bitcoin in 26% of Countries Worldwide

The Flippening – Ethereum Has Overtaken Bitcoin in 26% of Countries Worldwide

London, England, 5th May, 2022, Chainwire London, UK, May 4th 2022 – CoinText.com have compiled a study of the popularity of cryptocurrencies across nations, which concludes that Ethereum investors outnumber Bitcoin investors in 26% of countries worldwide, including the USA. David Merry, CEO of Investoo Group, the parent company of CoinText, said the study “is an intriguing look at the psychology of crypto investors in different countries, and how alternate economic landscapes can shift sentiment to and away from Bitcoin and other coins” Solana vs Ethereum Other conclusions the study arrives at include the fact that more Japanese investors hold Solana than Ethereum, displaying a stout belief that Solana ultimately offers a better platform within the realm of DeFi. Data source: https://cointext.com/news/the-flippening-ethereum-has-overtaken-bitcoin-in-26-of-countries-worldwide/ About CoinText CoinText.com comprises a team of cryptocurrency and blockchain experts & enthusiasts, who educate and inform readers on the many complex and challenging aspects of cryptocurrency.

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coincheckup






Will Ethereum Bulls Break Through The Major $3k Barrier?

Will Ethereum Bulls Break Through The Major $3k Barrier?

Ethereum started a recovery of $2,940.There is a major bullish trend line forming with support near $2,900. Notably, if ETH fails to achieve a rate above the $2,980 resistance, it could start a downside correction. In fact, initial support on the downside is around the $2,920 zone.

Article source
coinquora






Ethereum Classic’s Weekly Volume Dies Down as Price Consolidates

Ethereum Classic’s Weekly Volume Dies Down as Price Consolidates

Ethereum Classic (ETC) has made it onto CoinMarketCap’s trending list and is currently occupying the 32nd spot as its price experienced a 15.98% rise in the last 24 hours. This is a 12.06% and 10.93% increase over the last 24 hours respectively. Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora.

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coinquora






The Flippening – Ethereum Has Overtaken Bitcoin in 26% of Countries Worldwide

The Flippening – Ethereum Has Overtaken Bitcoin in 26% of Countries Worldwide

London, England, 5th May, 2022, Chainwire London, UK, May 4th 2022 – CoinText.com have compiled a study of the popularity of cryptocurrencies across nations, which concludes that Ethereum investors outnumber Bitcoin investors in 26% of countries worldwide, including the USA. David Merry, CEO of Investoo Group, the parent company of CoinText, said the study “is an intriguing look at the psychology of crypto investors in different countries, and how alternate economic landscapes can shift sentiment to and away from Bitcoin and other coins” Solana vs Ethereum Other conclusions the study arrives at include the fact that more Japanese investors hold Solana than Ethereum, displaying a stout belief that Solana ultimately offers a better platform within the realm of DeFi. Data source: https://cointext.com/news/the-flippening-ethereum-has-overtaken-bitcoin-in-26-of-countries-worldwide/ About CoinText CoinText.com comprises a team of cryptocurrency and blockchain experts & enthusiasts, who educate and inform readers on the many complex and challenging aspects of cryptocurrency.

Article source
usethebitcoin






Topic 73



DeFi Coin (DEFC) Price Rises 175% in a Day

DeFi Coin (DEFC) Price Rises 175% in a Day

The DEFC price is up over 175% in the past 24 hours, currently trading at $0.23 on Bitmart exchange. DEFC’s market cap and and ranking are not currently tracked on Coinmarketcap.com, which may be updated soon with the recent price rise and lead to more awareness of this DeFi project. DEFC is now back above its presale price of approximately $0.10 and initial trading price of $0.20 from June 2021.

Article source
insidebitcoins






Thorchain rises 8% on bug bounty news: here’s where to buy Thorchain

Thorchain rises 8% on bug bounty news: here’s where to buy Thorchain

The Fed interest hike reflected on the whole crypto market very positively. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market. A ratio of assets in a pool is used to maintain market prices. Thorchain can definitely be worth investing in if your timing is right. If you invest $100 in Thorchain now, it might go up to $314 in 2027.

Article source
coinjournal.net






Topic 74



Vitalik Buterin says ETH Layer-2 fees need to reach $0.05 to be acceptable

Vitalik Buterin says ETH Layer-2 fees need to reach $0.05 to be acceptable

Ethereum (ETH) founder Vitalik Buterin said the gas cost levied on Layer-2 solutions must be significantly lower before they can be “acceptable.” vitalik.eth (@VitalikButerin) May 3, 2022 According to the list, the needed gas prices were all less than $1, with Metis Network (METIS) having the lowest at $0.02 and Arbitrum One having the most at $0.85. Buterin acknowledged that the L2s are making progress in this area and that the recently suggested proto-danksharding will help speed up the process.

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cryptoslate






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