The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move above the resistance level of $39,000. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $44,000, $46,000, $48,000 Support Levels: $35,000, $33,000, $31,000 BTCUSD – Daily Chart Buy Bitcoin Now The daily chart reveals that BTC/USD couldn’t break …
Monthly archives: April 2022
Gibraltar Authorities Release 10th Regulatory Principle To Tackle Market Manipulation
Gibraltar’s top regulatory watchdog unveiled a plan to negate market manipulation and illicit trading practices Fresh regulatory practices have been developed by a team of industry stakeholders and government officials The government of Gibraltar introduced new laws for blockchain companies geared toward neutralizing illegal financial activities like insider trading and market manipulation. Indeed, authorities are …
X.LA Creates a Suite of Products To Help Creators Monetize the Metaverse
April 26, 2022 – Sherman Oaks, California Aleksandr Agapitov, the founder of a prominent video game payments company Xsolla, starts a new venture in the Web 3.0 space called, ‘X.LA.’ The project launched in late February 2022 and is focused on developing an ecosystem of products with an aim to give creators around the world …
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New Cardano (ADA) Upgrade Enhances Performance and Scalability As Demand Increases: IOHK
Cardano (ADA) developers are rolling out an upgrade they say will help to scale and improve the user experience of the project’s network. According to a new tweet from Cardano development firm Input Output Hong Kong (IOHK), the update increases the Cardano network’s block size by ten percent, from 80 kiloBytes (kB) to 88 kB. …
Apeiron Raises $17.5 Million in Seed Fundings and NFTs To Rekindle God Games With Blockchain
Apeiron, the world’s first NFT ‘god game’ on the blockchain, has raised $17.5 million from investment rounds and NFT sales. The company received $3 million from pre-seed investment, $10 million from seed investment and $4.5 million from NFT sales, putting them over $17.5 million in total. The contribution reflects the high levels of anticipation around …
Crypto Analyst Says Massive Correction Awaits Bitcoin (BTC) and Ethereum (ETH), Predicts Timing of Next Bull Market
A popular analyst is issuing a dire warning to crypto investors, saying that Bitcoin (BTC) and Ethereum (ETH) are poised to ignite sharp corrective moves before the next bull cycle can begin. Top crypto strategist Justin Bennett tells his 100,400 Twitter followers that he’s keeping a close watch on the TOTAL chart, which measures the …
Dragonfly Capital raises $650M in tertiary funding round
Dragonfly Capital, a prominent venture capital corporation operating in the cryptocurrency sector, has announced its third funding round, valued at $650 million. The figure surpasses its two prior rounds of $100 million in October 2018 and $200 million in December 2020. The $650 million raise saw participation from Tiger Global, KKR, Sequoia China and Invesco, among …
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Trader flags BTC price levels to watch as Bitcoin still risks $30K ‘ultimate bottom’
Bitcoin (BTC) remains a slave of the U.S. dollar on April 27 as the greenback spells fresh misery for risk assets across the board. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC faces off with the support zone to hold Data from Cointelegraph Markets Pro and TradingView showed a precarious picture of BTC markets on April …
Central African Republic will adopt Bitcoin as legal tender: Report
The roughly five million residents of the Central African Republic, or CAR, will now reportedly be able to use Bitcoin in addition to the country’s franc as legal tender. According to a Wednesday report from news outlet Agence France-Presse, Central African Republic President Faustin-Archange Touadéra has signed a bill into law establishing a regulatory framework …
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Q1 2022 venture capital activity in crypto set to outpace 2021
The first quarter of 2022 saw unprecedented growth in terms of venture capital activity in different blockchain sectors. In 2021, venture capitalists poured in over $30 billion into infrastructure, nonfungible tokens (NFTs), decentralized finance (DeFi), centralized finance (CeFi) and Web3. That set the bar pretty high if 2022 was going to beat it. In the …
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Riot Blockchain Announces Plans for a 1 GigaWatt Bitcoin Mining Farm in Texas
Quick take: Riot Blockchain has announced that it plans to develop a 1 GigaWatt Bitcoin mining facility in Navarro County, Texas The facility is part of its Bitcoin mining and hosting expansion plans, aptly named ‘The Expansion’ The Expansion will start with an initial 400 MegaWatt facility on a 265-acre site and is expected to …
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Bitcoin Could Hit $1M and Gold $10k to $20k by 2030 – Former Bitmex CEO
Summary: Arthur Hayes has forecasted that Bitcoin could get to $1 million and Gold to $10,000 to $20,000 by the end of the decade Mr. Hayes’ forecast of Bitcoin and Gold is based on an event he describes as ‘the Doom Loop’ The Doom Loop is when the US Federal Reserve starts to pay ‘more …
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Cuba’s Top Bank Readies Licensing Framework For VASPs
Digital asset companies can now operate legally within Cuba thanks to a new directive The country’s central bank will issue one-year business licenses to eligible virtual asset service providers Licenses are now mandatory Crypto companies cannot cease doing business after obtaining a license without permission from the apex bank The policy will come into effect …
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Swiss Exchange SIX Lists World’s First Bitcoin-Gold ETP
The gold-bitcoin ETP will be listed on the Swiss SIX exchange under the ticker BOLD. At launch, the weightage will be 18.5% bitcoin and 81.5% gold. The fund will be rebalanced monthly based on 360-day historical volatility. Digital asset management firm ByteTree Asset Management has launched a gold-bitcoin exchange-traded product on the Swiss SIX stock …
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LD Capital Announces the Establishment of LD Research, a Laboratory Dedicated to in-Depth Industry Research and Project Growth
press release PRESS RELEASE. LD Capital has officially established LD Research which aims to conduct industry focus research, cutting-edge technology exploration, and project economic system design. LD Research will recruit development engineers, economists, and other professionals in verticals to work closely with the top team to provide economic model design, development technical support, market growth, …