A popular crypto analyst is taking a macro look at Bitcoin (BTC) to get a clearer picture of where the leading crypto asset is heading after several months of volatility. In a new strategy session, Benjamin Cowen first tells his 719,000 YouTube subscribers that regardless of short-term price fluctuations, Bitcoin and the crypto space, in …
Monthly archives: March 2022
Real Vision Bot Known for Outperforming Market Flocks to Bitcoin, Ethereum and Two ETH Rivals
A robot that’s earned a reputation for outperforming the markets just unveiled its latest crypto portfolio allocations with results that have surprised some traders. The Real Vision Bot compiles surveys of cryptocurrency-related data to create algorithmic portfolio assessments on a weekly basis. According to Real Vision, the bot’s allocations, which are based on aggregated opinions …
El Salvador Set to Rollout New Bitcoin Bonds Amid Widespread Criticism: Report
El Salvador is reportedly primed to roll out Bitcoin (BTC)-backed bonds in the coming days, according to Alejandro Zelaya, the country’s minister of finance. Zelaya told a local news outlet that they plan to issue the BTC bonds this month, though he says the rollout may be impacted by Russia’s invasion of Ukraine, Reuters reports. …
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Global Investors See Crypto As the One Sector To Withstand Fallout of Russia-Ukraine Crisis: Report
Large investors are looking to crypto assets as a way to withstand the fallout of increasing geopolitical tensions as war in Eastern Europe continues to rattle the economic landscape. According to a new report from Reuters, the current conflict has heightened investor interest in blockchain technology rather than deterring it. According to fund manager and Decasonic …
Ethereum Merge testing on Kiln mostly successful, save for one minor bug
On Tuesday, Ethereum (ETH) developer Tim Beiko tweeted that Kiln successfully passed the Ethereum Merge, with validators producing post-merge blocks containing transactions. Kiln will be the last Merge testnet (formerly Ethereum 2.0) before existing public testnets are upgraded. “Merge” involves taking Ethereum’s Execution Layer from the existing Proof of Work layer and merging it with …
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Commissioner Allison Lee announces her departure from the SEC
Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in June. In a Tuesday announcement, Lee said that she will remain in the role until her successor has been confirmed. The SEC commissioner has spent less than three years at her …
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Biden’s pick for Fed vice chair for supervision withdraws amid Republican objections
Former Federal Reserve Board governor Sarah Bloom Raskin has withdrawn her name for consideration as the central bank’s vice chair for supervision in an attempt to allow other nominations to move forward. According to a Tuesday tweet from Washington Post journalist Seung Min Kim, Raskin sent a letter to U.S. President Joe Biden withdrawing as …
Co-founders of UkraineDAO and Friends With Benefits DAO talk autonomous organizations at SXSW
Kimbal Musk, Nadya Tolokonnikova and Alex Zhang took to the SXSW stage on Monday to participate in the “Move Over NFTs. Here Come the DAOs” panel at Austin’s Convention Center. Tolokonnikova is a former member of the Russian protest punk rock group Pussy Riot, and the co-founder of UnicornDAO and UkraineDAO. Zhang co-founded the social …
Bored Ape Yacht Club Team Plans to Raise Millions by Selling Virtual Land. Rumoured $Ape Token drop.
Quick take: Yuga Labs is planning virtual land sales this month and later in August The goal is to raise hundreds of millions of dollars as part of its metaverse initiative to expand beyond NFTs Yuga Labs aims to create a gaming metaverse, named MetaRPG MetaRPG will be compatible with other NFTs and powered by …
Solana-Based ARPG Eizper Chain Raises $2 Million From Seed Round and Private NFT Sale
March 15, 2022 – Bandung, Indonesia Eizper Chain, the blockchain action-based multiplayer ARPG, has secured $2 million in funding through a seed round and private NFT sale. Overall demand for exposure to this up-and-coming blockchain project – the first game in the Eizper gaming franchise – is accelerating. Eizper Chain secured $1.6 million in seed funding from …
ConsenSys raises $450M in Series D funding, doubles valuation in four months
On Tuesday, ConsenSys, the leading Ethereum and decentralized protocols software company with product suites such as MetaMask, Infura and Truffle, announced the close of a $450-million Series D funding round led by ParaFi Capital. Notable new investors included Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures and C Ventures. The deal more than doubles …
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Bitcoin risks final ‘bear market capitulation’ as rich investors continue BTC selloff — analyst
Bitcoin (BTC) could undergo one last bear market capitulation if “whales” — addresses that hold more than $1 million worth of Bitcoin — ramp up their selling pressure, according to on-chain analyst Willy Woo. Room for another Bitcoin drop? Woo assessed the average price at which short-term investors entered the Bitcoin market across history and charted the …
Amex trademark filings suggest possible entry to the metaverse
Major credit card company American Express has filed trademark applications for some of its logos and designs, hinting at expanding into the metaverse. According to applications submitted to the U.S. Patent and Trademark Office on Wednesday, American Express may be readying to provide “virtual concierge services” related to credit card transactions “in the metaverse and …
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Bitcoin Mixed as EU MiCA Regulation Vote Looms, RUNE, WAVES Mar. 14
BTC boosted by risk rally but EU regulation vote is a risk. RUNE rallies on DeFi developments. WAVES attracts attention with Ukrainian founder. BTC Bitcoin finished the week lower as traders fretted over a Monday vote by the EU Parliament which could effectively ban Proof-of-Work (PoW) coins. BTC Price index The parliament’s economic and monetary …
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MetaMask Developer ConsenSys Climbs to $7 Billion Valuation After $450 Million Fundraise
Ethereum-powered software developer ConsenSys has raised a massive $450 million in capital from its latest Series D funding round. The fresh injection of funds raises the company’s market valuation to a staggering $7 billion. Also, the news complements a landmark moment for the startup’s flagship wallet MetaMask. ConsenSys has closed a Series D funding round …