In this episode of NewsBTC’s daily technical analysis videos, we flip the Bitcoin price chart upside down to get a unique perspective on the market. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 27, 2022 [embedded content] Inverted Bitcoin Price Chart Could Suggest Bear Market Is Over When price action …
Monthly archives: October 2022
THORChain network halted following software bug
Cross-chain exchange and proof-of-bond network THORChain was halted earlier today as the result of a bug causing “non-determinism between individual nodes.” At around 8 pm UTC, the THORChain team initially tweeted that developers were aware of a chain outage and were working to find the root cause of the issue. Roughly four hours later, the …
Continue reading “THORChain network halted following software bug”
Exchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring Rallies Up to 20%
Top US-based crypto exchange platform Coinbase is expanding its suite of digital assets by adding custody support for over a dozen Ethereum (ETH)-based altcoins. Coinbase says it’s adding 14 new cryptocurrencies to the growing roster of virtual currencies in its Coinbase Custody cold storage trust. Coinbase Custody, which launched in July 2018, is a crypto …
Payments Giant Visa Files Trademark Application for Crypto Platform, Wallet and NFTs
One of the biggest payment networks in the world is filing a trademark application for a crypto exchange platform as well as other crypto-related products. According to new documents, payments giant Visa is filing trademark applications to create a digital assets exchange, a crypto wallet, non-fungible tokens (NFTs), and virtual environments where users can interact. …
On-Chain Signal Suggests Bitcoin Selling Is Over, BTC To Head Upwards Against Weakening Dollar: InvestAnswers
A popular crypto analyst says that several on-chain signals for Bitcoin (BTC) suggest sellers are losing control of BTC’s price action. In a new video, the InvestAnswers host looks at data from blockchain analytics firm Glassnode depicting the “three-month HODLer” metric, which shows the proportion of wealth held in coins that moved in the last …
TV streaming providers should start relying on NFTs
Subscription-based services have become so ubiquitous it’s hard to remember a time when they weren’t the norm. Streaming companies have sought to take advantage of that norm by fleecing consumers for everything they’re worth — just look at Netflix’s decision to start running advertisements. Another benefit of leveraging NFT technology is that streaming services can …
Continue reading “TV streaming providers should start relying on NFTs”
Solana-based protocol seeking to decentralize ride-sharing raises $9M
The ride-sharing industry is poised for another paradigm shift with Web3 protocols, allowing new companies and drivers to bid for rides using a matching algorithm, according to the Decentralized Engineering Cooperation (DEC) — the company behind the Solana-based protocol TRIP that enables mobility-based applications. According to DEC, on the TRIP platform, companies and riders can …
Continue reading “Solana-based protocol seeking to decentralize ride-sharing raises $9M”
Axelar partners with Polygon to deliver cross-chain communication to Polygon Supernets
Cross-chain platform Axelar has announced a partnership with Polygon to deliver secure cross-chain communications to Polygon Supernets. The company said that Axelar’s partnership with Polygon will serve as infrastructure for an interoperable internet of dedicated Ethereum Virtual Machine (EVM) blockchains powered by Polygon Edge. Speaking with Cointelegraph, CEO and co-founder of Axelar Sergey Gorbunov shared …
Visa’s trademark applications suggest more involvement in crypto space
Major credit card company Visa may be planning to explore digital wallet services based on two recent trademark applications. According to records submitted to the United States Patent and Trademark Office on Oct. 22, the Visa International Service Association filed two applications for its character mark to be used in software “to view, access, store, …
Continue reading “Visa’s trademark applications suggest more involvement in crypto space”
Bitcoin Price Prediction for Today, October 27: BTC/USD Fails to Break $21,000
The Bitcoin price prediction slumps below the resistance level of $20,878. Further downside momentum may come to play, but $20,000 may likely come out as […] Go to Source
Kyber Network Price Prediction for Today, October 27: KNC/USD Trades Around $0.908; Recovery May Take Time
The Kyber Network price prediction shows that KNC is trying to recover from the intraday low of $0.905 amidst the improved market sentiments. Kyber Network […] Go to Source
Premier League And Sorare Mulling Over £30M-a-year NFT Deal
The Premier League is reportedly in talks with NFT-based fantasy gaming firm Sorare. The £30 million multi-year deal will see Sorare deliver NFTs to Premier League fans. The league is also considering a separate NFT-related deal with Dapper Labs. Sorare counts French footballer Kylian Mbappe and SoftBank among its backers. The Premier League is reportedly …
Continue reading “Premier League And Sorare Mulling Over £30M-a-year NFT Deal”
CryptoSlate Wrapped Daily: Vitalik deems crypto better than gold; SBF hints at creating FTX-backed stablecoin
The biggest news in the cryptoverse for Oct. 27 includes Vitalik Buterin affirming that crypto is better than gold, FTX planning to create its stablecoin, Bitcoin mining firm Core Scientific on the verge of insolvency, and a user paying just $0.08 in fees to settle a transaction of over $500 million on the Bitcoin network. CryptoSlate …
DappRadar deems Reddit blueprint for NFT launches ‘one of the biggest events for Web3’ in 2022
Reddit may have cracked the formula for onboarding new users into web3, according to a new report released by DappRadar on the behavior of the blockchain industry. Further, 94% of adults with “discretion to household money” are now aware of cryptocurrencies. The report stated: “The ease of onboarding new users to the world of NFTs …
UK High Court shutters crypto firm PGI Global for alleged scam involvement
PGI Global UK had collected around $710,000 from its potential investors, promising 200% returns from their investments in the company, but failed to fulfill its commitment 2 min read Updated: October 27, 2022 at 6:21 pm Cover art/illustration via CryptoSlate Popular cryptocurrency trading firm PGI Global UK has been closed down by a high court …
Continue reading “UK High Court shutters crypto firm PGI Global for alleged scam involvement”