The crypto analyst who predicted the May 2021 market collapse is warning that Bitcoin (BTC) could be due for a notable dip even while he remains long-term bullish on BTC. Popular pseudonymous analyst Dave the Wave provides his 97,500 Twitter followers with a Bitcoin chart dating back to the summer of 2020, highlighting price capitulations …
Monthly archives: April 2022
Singaporean investors’ appetite for crypto is key to mainstream adoption — Survey
As Singapore continues to play an active role in boosting crypto adoption across the Asia-Pacific region, the country’s first licensed crypto exchange Independent Reserve conducted a retail-focused survey to better understand the underlying potential of the regulated market. Independent Reserve’s survey — conducted across all age groups and genders of the Singapore population — revealed …
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NFT traders STEPN to a new groove — Is move-to-earn the future of fitness or another fad?
Axie Infinity was a pioneer of the play-to-earn movement and the project inspired new Web3 applications that aspire to apply the earning model to their respective ecosystems. The latest project to join the move-to-earn movement is STEPN, a Solana-based Web3 application where owners of the NFT sneakers earn as they walk. STEPN has programmed a …
The NFT sector is projected to move around $800 billion over next 2 years: Report
Although NFTs have been a part of the cryptocurrency market since 2014, interest and adoption ha risen rapidly over the last two years. At their height in August 2021, the total trading volume of NFTs rose to over $5 billion, kickstarting what briefly came be to known as “NFT Summer”. According to a report by Coingecko, …
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NYDFS calls for crypto firms to use blockchain analytics
In a letter published on Thursday, the New York State Department of Financial Services, or NYDFS, recommended that all virtual currency companies operating under New York banking law adopt blockchain analytics to trace transactions. In supporting the decision, the regulatory agency wrote: “Wallet addresses are typically pseudonymous, with nothing on the face of the transfer …
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Bitcoin Price Prediction for Today, April 28: BTC May Stabilize Above $40,000 Level
The Bitcoin price prediction shows that BTC is trading at $40,229 as the coin seems to be preparing for another upward movement. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $44,000, $46,000, $48,000 Support Levels: $36,000, $34,000, $32,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is trading towards the 9-day and 21-day …
Moonriver be a part of 1.1M unlocked KSM in May as leasing period comes to an end
The Moonriver team has announced the Big Unlock event, which is aimed at educating people about what will happen after 1.1 million Kusama (KSM) are unlocked from the first batch of parachain crowdloans. The funds will be unlocked “around May 15,” when the lease period is expected to end. ❓ So what is “The Big …
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Whale Watching: A Deep Dive Into the Portfolios of the World’s Largest Ethereum Whales
While there’s a number of bitcoin whales that often get caught by blockchain parsers and written about in media reports, ethereum whales get a lot less attention. According to statistics in 2022, there are a lot more ethereum whales than holders with large sums of bitcoin. In fact, while the top 100 richest bitcoin addresses …
Famed Whistleblower Edward Snowden Reveals He Took Part in the Zcash Launch Ceremony
Edward Snowden, the well-known whistleblower and former computer intelligence consultant who exposed the Five Eyes Intelligence Alliance, has revealed he took part in the Zcash creation ceremony. Snowden says that during the creation ceremony he “participated” and leveraged the “pseudonym John Dobbertin.” Snowden Played the Role of ‘John Dobbertin’ During the Zcash Launch A recent …
Central African Republic Has Adopted Bitcoin as Reference Currency — Office of the Presidency
Following the confusion that surrounded initial reports, a senior staffer in the Central African Republic (CAR)’s presidency has now confirmed that bitcoin will become the country’s reference currency. First Country in Africa to Officially Adopt Bitcoin A press statement supposedly issued by the office of the Presidency of the Central African Republic (CAR) appeared to …
VegaX Expands B2B Technology for Institutional Clients to Unlock Crypto Market
press release PRESS RELEASE. NEW YORK, April. 28, 2022 — VegaX Holdings (“VegaX”), the cryptocurrency index platform providing actionable cryptocurrency indexes and index-based asset management products for traditional investors globally, announced the company’s first partnership with institutional investment manager, UNCAP Investment Management, providing the fund with access to proprietary portfolio rebalancing tools and indexes to …
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Top Crypto Analyst Dives Into the Bitcoin (BTC) Doldrums, Evaluates ApeCoin (APE) and One Ethereum (ETH) Rival
A widely-followed crypto analyst is looking at Bitcoin (BTC) against the US Dollar Index (DXY) while waiting for two popular altcoins to drop in price. In a new tweet, Michaël van de Poppe tells his 588,800 followers that BTC needs to break through $40,000 to continue moving up. “To me, this is still the area to break on Bitcoin. …
Institutional Investors Overwhelmingly Betting on Crypto Takeover This Decade: New Survey
A new survey by crypto exchange Bitstamp shows that institutional investors have an overwhelming belief in the potential of crypto as a new asset class. The survey involved 5,502 institutional investment decision-makers and 23,113 retail investors from 23 countries across Africa, Asia-Pacific, Europe, Latin America, the Middle East and North America. The result, which was …
Central African Republic Becomes Second Nation Ever To Adopt Bitcoin (BTC) As Legal Tender
An African country has become the second nation on Earth to accept Bitcoin (BTC) and other crypto assets as legal currency. Following in the footsteps of Latin American nation El Salvador, the Central African Republic (CAR) has announced it has become the first African nation in the world to legally support cryptocurrencies. In a recent …
Aave founder Stani Kulechov briefly suspended from Twitter after joking about becoming interim CEO
Aave (AAVE) founder Stani Kulechov was temporarily suspended from Twitter this week, mere hours after joking that he was joining the social media company as interim CEO. “BREAKING: Joining Twitter as interim CEO,” Kulechov tweeted on Tuesday in a post that was intended as a joke. The tweet was timestamped at 2:48 pm PST (9:48 pm …