BTC/USD Is in a Deeper Correction as Bitcoin Crashes to $41k – December 4, 2021 Bitcoin (BTC) has plunged to the low of $41,000 as Bitcoin crashes to $41K. The cryptocurrency has declined to the September 28 historical price level of $41,064. BTC/USD is likely to face deeper correction as it falls to the low …
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As the world of the rich and famous starts to sit up and take notice of DeFi opportunities there has been a massive land grab to secure the best digital assets in some of the most popular metaverse projects. Week after week, buyers are snapping up sought-after assets. Just last week we reported that Fashion …
Continue reading “MetaFlower super mega yacht NFT sells for $650k in The Sandbox”
The U.S. Securities and Exchange Commission (SEC) has charged a citizen of Latvia with defrauding investors in two crypto offerings. The fraudster “used fake names, fictitious entities, and fraudulent profiles to perpetrate his schemes, and misappropriated nearly all of the investor funds that were raised.” Two Fraudulent Crypto Schemes The SEC announced Thursday that it …
The popular American rapper Snoop Dogg revealed at the end of September that he acquired land in the blockchain-based virtual metaverse The Sandbox and had plans to recreate his mansion. On December 2, The Sandbox held a “Snoopverse Land Sale,” which allowed participants to purchase land adjacent to the famous hip hop star’s virtual estate. …
Continue reading “Virtual Land Adjacent to Snoop Dogg’s Sandbox Estate Sells for $450K in Ethereum”
As the crypto markets move sideways, a prominent blockchain researcher is analyzing whether another “altseason” could be on the horizon. Head of research blockchain intelligence firm IntoTheBlock Lucas Outumuro notes in a recent newsletter that Ethereum’s (ETH) price against Bitcoin (BTC) has just hit a 42-month high. He points out that the last two times …
Virtual real estate is booming in the metaverse as popular altcoins saw millions of dollars in land sales over seven days. A new report published by DappRadar finds that sales of virtual non-fungible token (NFT) land on leading metaverse crypto assets The Sandbox (SAND) and Decentraland (MANA) totaled just over $100 million. SAND, a blockchain-based …
Bitcoin Price Prediction – December 4 Today, the Bitcoin price prediction loses traction after hitting $42,333; losses likely to continue in the near term as reveals by the daily chart. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $57,000, $59,000, $61,000 Support Levels: $40,000, $38,000, $36,000 BTCUSD – Daily Chart Buy Bitcoin Now …
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Crypto whales just moved over 5,800 Bitcoin (BTC) worth more than $327 million into a single destination, according to a whale-surveilling platform. Whale Alert tells its 1.8 million followers in a series of tweets that in the last 24 hours crypto whales are relocating thousands of BTC amid a correction that saw Bitcoin tumble to …
U.S. Secretary of the Treasury Janet Yellen says she has yet to make up her mind about whether the US should implement a central bank digital currency (CBDC) or not. Yellen says in a new interview with Reuters that she’s waiting on the Federal Reserve to publish an evaluation on CBDCs. She notes Fed Chairman …
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The Infrastructure Investment and Jobs Act (H.R. 3684) put crypto in the crosshairs, where Congress and the Internal Revenue Service (IRS) hope to scoop up enormous tax dollars. This reporting regime is projected to rake in an astounding $28 billion over the next ten years. No other provision in this massive recently enacted federal law …
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Cross-chain asset transfer has been around for several years. The concept developed almost as soon as multiple blockchains were developed and began to gain adoption. In its initial application, the transfers focused on swaps between the chain’s native assets and tokens, which led later to several decentralized exchanges. While exchange of assets has its utility, …
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SEC Chair Gary Gensler finally reveals his stance on Bitcoin by saying he doesn’t support its “off-the-grid” approach to finance. “In 2008, Satoshi Nakamoto wrote this paper in part as a reaction, an off-the-grid type of approach. It’s not surprising that there’s some competition that you and I don’t support but that’s trying to undermine …
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Quadency, a New York-based technology startup, announced the complete overhaul of its cryptocurrency trading and strategy automation platform. The platform was redesigned from the ground up to enable users to access digital assets across both centralized and decentralized exchanges, all through a single account. Quadency targets novice users with a revamped platform As part of …
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CryptoSlate recently had the opportunity to chat with Peng Zhong, the CEO of Tendermint. With a background in interaction design and front-end engineering, he focuses on guiding blockchain technology across the chasm to the mainstream. Blockchain, or programmable money, is an incredible breakthrough that will insert itself into every aspect of our day-to-day lives, with far-reaching …
Continue reading “Catching up on the Cosmos ecosystem with Tendermint CEO Peng Zhong”
As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins altogether. According to Salvadoran president Nayib Bukele, the coins were bought seven minutes before the price of the …
