The presidential candidate that obtained most of the votes in the first Brazilian ballot round, Luis Inacio Da Silva, better known as “Lula,” declared that the Central Bank of Brazil should be responsible for building a cryptocurrency law framework. Lula also stated that the impact of cryptocurrencies should be measured to avoid any adverse effects …
Monthly archives: October 2022
Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto Winter’
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure Opportunities (GDIO), and the crypto mining firm Foundry will handle the new product’s operations. GDIO is …
Bitcoin․com Announces Public Sale of VERSE Ecosystem Token
press release Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has announced that Sale B, or the public sale of the VERSE utility and rewards token, will begin on November 1, 2022. Verse will support people onboarding into Bitcoin and DeFi by rewarding …
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Mike McGlone Says Gold Price Is ‘Firming’ — Commodity Strategist Insists BTC, ETH Will ‘Outperform Most Major Assets’
Over the last two days, Bloomberg Intelligence commodity analyst Mike McGlone published the firm’s commodity and crypto outlook reports, and McGlone’s latest analysis details that the price of gold could resume its rally after a foundation similar to 1999 is constructed. Moreover, as far as bitcoin and ethereum are concerned, the analyst argues that the …
Biggest Movers: UNI Closes in on 5-Week High, While SOL Also Climbs
Uniswap moved closer to its highest point since late August on Thursday, as the token extended recent gains. Today’s surge is the fourth consecutive day that prices have climbed, leading the token to break out of a key resistance level in the process. Solana was also in the green, recording a seven-day high as a …
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Popular Crypto Analyst Pinpoints Window for Bitcoin (BTC) Bottom, Claims Ethereum (ETH) Is Meeting Resistance
A widely followed crypto trader is looking at historical Bitcoin (BTC) bull markets to carve out a window for the bear market bottom. Pseudonymous digital assets analyst Rekt Capital tells their 329,000 Twitter followers that it has been over 300 days since the BTC’s November 2021 peak. “When BTC peaked in the 2013 Bull Market, it took …
Avalanche (AXAX) Decentralized Exchange Altcoin Skyockets After Coinbase Listing Announcement
US-based crypto exchange giant Coinbase is adding the first ever Avalanche (AVAX)-based token on its roster of altcoins. The largest digital assets exchange in the US announces that it will support trading for Pangolin (PNG) starting October 6th once liquidity conditions are met. The token is the asset of the Pangolin decentralized exchange (DEX), which …
FBI Issues New Warning on Rise of Scammers Posing As Successful Crypto Traders To Defraud Victims
The Federal Bureau of Investigation (FBI) is warning of a new crypto investment scheme called Pig Butchering, involving scammers pretending to be highly successful crypto traders to entice potential victims. The FBI says that the fraudsters scout for targets on social media and dating sites where they spoof the person’s long-lost contacts or pretend to …
Polygon partners with ocean conservation NGO to advance ocean literacy
Participants can explore the RV Odyssey — one of the most advanced ocean research vessels around the globe — via the Metaverse. Decentralized Ethereum scaling platform, Polygon, has announced a partnership with the Ocean Conservation Exploration and Education Foundation (OCEEF) to promote ocean literacy through new creative, entertaining, and engaging ways to give people exposure …
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South Korean judge dismisses warrant for individual involved in Terra collapse: Report
In his decision to dismiss the warrant, the judge reportedly considered that Yoo Mo had a residence and family ties in South Korea and was already barred from leaving the country. The warrant for Yoo Mo, the head of the business team of Terraform Labs, has reportedly been dismissed less than 48 hours after it …
Grayscale announces new arm to invest in Bitcoin mining hardware
Grayscale plans to buy mining equipment at discounted prices and offer co-investment opportunities to accredited investors. Grayscale Investments announced on Oct. 6 the formation of Grayscale Digital Infrastructure Opportunities LLC (“GDIO”), a co-investment opportunity focused on Bitcoin mining hardware. By leveraging its affiliated staking infrastructure firm, Foundry, the company plans to acquire mining equipment at reduced …
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Canadian central bank identifies retail CBDC archetypes in theory-heavy analysis
An analyst at the Bank of Canada has written a paper that identifies recurring patterns in CBDC models and how those patterns impact a list of performance criteria. Five patterns that recur in retail central bank digital currency (CBDC) designs were identified in a new Bank of Canada staff analytic note. The research focused on …
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Bitcoin Long-Term Holder Supply Reaches An All-Time High Of 13.7M – ARK Invest Report
Ark Invest published its monthly Bitcoin report, detailing several bullish signs for the asset and the general market. It notes that Bitcoin is in oversold condition, and the asset might have reached a strong bottom, pointing to Bitcoin’s short-term-holder cost basis crossing below the long-term-holder equivalent for the first time since late 2018. Bitcoin’s long-term …
Tamadoge Price Prediction for the 6th of October: You Can Make a Huge Profit From TAMA
In yesterday’s Tamadoge market, as the buying pressure increased, the price reached $0.1829. And at that height, traders began to sell to take in their profits. They kept selling into today’s market session. This brought the market into the oversold region. And from the low of $0.1037 in today’s market, the price begins to …
APE Price Prediction Today October 06, 2022: ApeCoin May Retest Previous Low at $4.1 Level
APE is targeting $4.1 support level APEUSD Price Analysis – October 06 Should APE price go up above the resistance level at $5.9 and produce a bullish pattern, then upward movement could continue. A breakdown at the support level of $5.2 will expose ApeCoin to $4.7 and $4.1 support levels. Above the current price level are …