A new documentary about crypto exchange Coinbase and the digital assets industry will be released on popular video streaming platforms on Friday. Coinbase chief executive Brian Armstrong says that over the last three years, the company has been working with 10-time Emmy award-winning director Greg Kohs for the new film entitled COIN. “We gave Greg …
Monthly archives: October 2022
$4,500,000,000,000 Asset Management Giant Fidelity Begins Sales for New Ethereum (ETH) Index Fund
One of the largest financial services giants in the world has begun offering exposure to Ethereum through a new ETH index fund. According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Fidelity, a firm with over $4.5 trillion in assets under management, is launching to start an index fund centered around …
Digital Asset Firm NYDIG Raises Over $719,000,000 From Dozens of Institutional Investors Despite Crypto Winter
The Bitcoin (BTC) investment firm NYDIG says it raised nearly $720 million for its profitable company, despite the bear market. According to a new filing with the United States Securities and Exchange (SEC), NYDIG raised $719,990,866 in funds from 59 different unnamed investors for its registered Institutional Bitcoin Fund. The filing notes that the SEC …
South Carolina treasurer goes on Bitcoin ‘fact-finding trip’ to El Salvador
Curtis Loftis, the treasurer for the U.S. state of South Carolina, spent five days in El Salvador as part of an “exploratory trip” on cryptocurrencies. According to an Oct. 5 announcement, Loftis was part of a delegation including South Carolina business leaders, rural health officials, and individuals “interested in the expansion of cryptocurrency and blockchain …
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Will bulls take charge now that Bitcoin price trades above a long-term trendline resistance?
On Oct. 4 and 5, Bitcoin (BTC) took another step through the $20,000 mark, bringing the price above a long-term descending trendline that stretches all the way back to April 22 or Nov. 15, depending on one’s style of technical analysis. Some traders might be feeling a bit celebratory now that the price trades outside …
Warner Music Group partners with OpenSea: Nifty Newsletter, Sept 28–Oct 4
In this week’s newsletter, read about how Warner Music Group partnered with OpenSea to give artists a way to engage with their audiences. Find out how Tennis legend Maria Sharapova is exploring her growing interest in nonfungible tokens (NFTs), and check out how blockchain game Illuvium is trying to create an interoperable game. In other …
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Russia blocks OKX website for alleged unreliable financial information: Reports
The website of crypto exchange OKX was blocked in Russia by the state media monitoring service Roskomnadzor on Oct. 4. The agency told the TASS news agency that the website was blocked at “the request of the Prosecutor General’s Office for the dissemination of unreliable socially significant information of a financial nature.” Roskomnadzor told local …
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Elon Musk’s Leaked Twitter Acquisition Texts Reveal Early Crypto Plans
Newly leaked messages reveal Elon Musk’s now-canceled plans to integrate Twitter with blockchain and crypto. Earlier this year, Tesla CEO Elon Musk attempted to acquire Twitter for $44 billion. He eventually attempted to cancel the deal and is now disputing the matter in court. On Sept. 30, court documents containing Musk’s earliest discussions were published. …
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XRP Price Prediction for 5th of October: XRP/USD Resumes Its Bullish Trend
XRP/USD market decided the upside performance on the 15th and 16th of September, with a bullish engulfing candlestick pattern, after the market had taken its support from the $0.32619 price level. The crypto took up a very bullish momentum until it reached the resistance of $0.50000. This has now become a major resistance level for …
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Stellar Price Prediction for 5th of October: XLM/USD Fails to Break the $0.118648 Price Level
The Stellar is finding the $0.12000 resistance level a hard nut to crack as it has made several attempts to break away from the resistance level but keeps facing price rejection. Traders consider the price levels (above $0.120000) as the peak of the market and as a result, they keep selling from that height. On …
Blockchain Twitter App Launches To Bring Decentralized Social to the Masses
October 5, 2022 – Los Angeles, California Today, content is hosted on centralized platforms like Twitter, TikTok or Instagram. Many thought leaders like Elon Musk and even Twitter founder Jack Dorsey call for an alternative. Takeaways A novel Web 3.0 social platform called Diamond is launching on DeSo, a new blockchain that has raised $200 …
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Here’s What ‘Max Pain’ Could Look Like for Bitcoin (BTC) Holders, According to On-Chain Analyst Willy Woo
A popular on-chain analyst claims the current bear market hasn’t yet sent as many Bitcoin (BTC) underwater as previous bear markets. BTC analyst Willy Woo notes that showing how many coins are at a lower value compared to their purchase price is “one way of visualizing maximum pain.” “Past cycles bottomed when approx. 60% of …
Abu Dhabi To Host Inaugural Middle East Blockchain Awards
October 5, 2022 – Dubai, United Arab Emirates The first edition of the Middle East Blockchain Awards will be held in Abu Dhabi in November 2022 to recognize and reward outstanding efforts within the fields of blockchain and Web 3.0 innovations. Hoko Agency Middle East will host the awards in association with Abu Dhabi Global …
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Swiss Data and Analytics Service Nuant Prepares for the Q4 Launch of the First Unified Platform for Digital Asset Data, Analytics and Portfolio Intelligence
October 5, 2022 – Zug, Switzerland Swiss-based digital asset data and analytics fintech, Nuant, is launching a platform that solves a critical industry-wide portfolio management problem for institutional funds invested in digital assets – namely data fragmentation from exchange accounts, on-chain wallets, custodial wallets, on-chain data and market data – by providing a single unified hub to …
Bitcoin derivatives data reflects traders’ belief that $20K will become support
Bitcoin (BTC) showed strength on Oct. 4 and 5, posting a 5% gain on Oct. 5 and breaking through the $20,000 resistance. The move liquidated $75 million worth of leverage short (bear) positions and it led some traders to predict a potential rally to $28,000. $BTC #Bitcoin Shared this descending channel 2 days ago.$BTC has …
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