Crypto analytics firm Santiment is laying out its outlook for Terra (LUNA) after the Terra ecosystem supporting Luna Foundation Guard (LFG) raised $1 billion in a private token sale. The Singapore-based non-profit says that the proceeds from one of the largest token sales in crypto history will be used to establish a Bitcoin (BTC)-denominated forex …
Monthly archives: February 2022
China’s Supreme Court adds digital currency to list of illegal fundraising methods
China’s hardline policy on crypto took another turn on Thursday as the Supreme Court of the country revised its judicial interpretation for illegal fundraising to include digital currency transactions. The Chinese Supreme Court issued a revised version of its “Decision on Amending the Interpretation of the Supreme People’s Court on Several Issues Concerning the Specific …
Last Bitcoin support levels above $20K come into play as BTC price faces ‘time of uncertainty’
Bitcoin (BTC) may yet reenter the $20,000 zone, but the coming weeks could provide a solid buying opportunity, a new report forecasts. In its latest market update on Feb. 24, trading platform Decentrader laid out the final areas of support between the current Bitcoin spot price and $20,000. Analyst eyes BTC’s 20-week and 200-week MA …
Games will adopt blockchain in 2022 through esports and P2E models: Report
In the past, earning money through games was only possible by uploading gaming videos online, streaming game content and playing competitively through esports. But in 2021, many realized that through blockchain, gamers can earn money simply by playing. This trend may continue in 2022 as play-to-earn (P2E) business models become more developed and blockchain adoption in …
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FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis
The world woke up to a “sea of red” that was not necessarily limited to the financial markets, as Russia declared war on Ukraine early Thursday. The traditional financial markets along with the crypto markets have been sliding bearishly for the past week and saw a rapid decline early on Thursday. Apart from crude oil …
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75% of customers want to shop with crypto
Customers and merchants alike want to purchase and accept cryptocurrencies as payments for goods and services, according to a research study conducted by crypto exchange Crypto.com in partnership with Worldpay from FIS, a global provider of technology solutions for merchants, banks, and capital markets firms. Crypto.com (CRO) and WorldPay from FIS have found the appetite …
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Crypto markets sink as Russia declares war on Ukraine, what happens now?
The total crypto market cap plunges to $1.52 trillion as Russia declares war on Ukraine. The next level of support, established during late January’s sell-off, is at the $1.49 trillion level. But fears are, with the uncertainty of the situation, this level won’t hold, leading to freefalling prices across the board. Source: CRYPTOCAP on TradingView.com …
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The Crypto Crime Series: NFT wash trading is harder than you think
All new technology comes with significant potential for abuse. Non-fungible tokens (NFTs) are no different. And while the new asset class is yet to suffer from major thefts, it lends itself to two pretty profitable illicit activities—wash trading and money laundering. NFT wash trading is a game of luck Few things in the crypto industry …
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Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments
The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana blockchain. Zebec says the company aims to be the “payment solution for DAOs, crypto projects, Web3 and the metaverse.” Zebec Raises $15 Million to Bolster …
OVR Co-Founder Diego Di Tommaso Talks AR, Map2earn, Polygon Migration, Cross Metaverse Assets and Fashion
OVR is a World Scale, open-source, AR platform powered by Ethereum. OVR makes it possible for users provided with a mobile device or smart glasses to live interactive augmented reality experiences customised in the real world. OVR can be defined as a new standard in augmented reality experiences by placing itself as the first content …
Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed Funding
On Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3 million in seed funding from investors. With the recently acquired funds, Marginfi aims to build the first cross-margining engine on the Solana blockchain. Mrgn Labs Gets $3 Million in Funding From Strategic Investors Mrgn Labs has revealed …
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Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims
Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and upcoming tax hikes that are turning miners away from the Central Asian nation. Bitcoin Miners Start Pulling Machines Out of Kazakhstan Companies, legally operating mining …
5 Best Cryptos to Buy for Lower Risk Returns February 2022 Week 4
The crypto market is experiencing massive bearish activities as the total value locked (TVL) has continued to spiral downwards. At press time, the nascent industry has seen 9.02% of its TVL shed off in the continued bear run. However, this presents an opportunity to invest in the best cryptos to buy for lower risk returns …
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Bitcoin Cash Price Prediction: BCH/USD Market Remains, Featuring Lower Lows
BCH/USD Market Remains, Featuring Lower Lows – February 23The BCH/USD market operation remains, featuring lower lows. And they are not far from resulting in a recession trading condition. The crypto-economic valuation has initially pumped to a high of $305 and a low of $289 during today’s sessions at a minute negative percentage of 0.12. Market …
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Lucky Block Pitches NFT Vision, V2 Upgrade and Ethereum Bridge
Crypto-lottery platform Lucky Block announced yesterday that it will be implementing an upgrade so that its unique sale tax system is compatible with exchanges, alongside details of a major rollout of NFTs. NFTs were already in the roadmap, but token holders were given first sight of the Platinum Rollers Club Collection of 10,000 pieces. Each …
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