The bears’ momentum is decreasing in HOT market HOTUSD Price Analysis – October 19 When there is an increase in the bears’ momentum, Holo may […] Go to Source
Monthly archives: October 2022
Ethereum-Based Altcoin That Exploded 133% in Five Weeks Showing Signs of Exhaustion, Says Crypto Insights Firm
One of the only high-performing altcoins during the ongoing crypto bear market is showing signs of slowing down, according to the market analytics firm Santiment. Interoperable blockchain network Quant (QNT) skyrocketed by 133% over five weeks while most of the crypto industry has crawled sideways. QNT has since lost a chunk of those gains, however, …
Walmart CTO Says Crypto and Metaverse Will Disrupt Retail Payment Methods
Walmart’s global chief technology officer says crypto assets and the metaverse will disrupt payment methods and improve product discovery for the retail giant. In a new interview at Yahoo Finance’s All Markets Summit, Suresh Kumar, Walmart’s global chief technology officer and chief development officer, says the future of retail includes crypto transactions for both real …
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Thousands of Retail Investors Organize Manhunt for Terraform Labs Founder Do Kwon: Report
A large group of retail investors are reportedly organizing a manhunt to locate the whereabouts of Do Kwon, the founder of stablecoin issuer Terra (LUNA). According to a new report from the Financial Times, crypto traders upset with the Terra ecosystem’s multibillion-dollar collapse earlier this year are looking to hunt down Kwon and recover their …
Twitter Founder Jack Dorsey Hints at Integration With Decentralized Social
October 19, 2022 – Los Angeles, California Takeaways Jack Dorsey-funded initiative Bluesky announced their roadmap for decentralized social networks with AT Protocol. AT Protocol is designed to function independently from a single corporation with user data protection built-in and open-source algorithms. DeSo, a Coinbase-backed layer one blockchain that raised $200 million, also released its roadmap …
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South Africa declares crypto to be a financial product subject to financial services law
The Financial Sector Conduct Authority (FSCA), South Africa’s financial regulator, published a notice Oct. 19 indicating that the country’s 2002 Financial Advisory and Financial Intermediary Services Act (FAIS) has been updated to include a definition of crypto assets. A decision of this type has been expected for several months. It brings crypto assets under regulation …
Aptos Foundation airdrops 20M tokens to its early testnet users
Layer-1 blockchain company Aptos Foundation announced on Oct 18 that it had rewarded its early network participants with free APT tokens. 1/ The Aptos Foundation has provided early network participants with APT tokens. If you are eligible to claim, you will receive an email from airdrop@aptosfoundation.org in the next few hours. — Aptos (@AptosFoundation) October 18, …
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Anthony Hopkins sells out NFTs in minutes: Nifty Newsletter, Oct 12–18
In this week’s newsletter, read about how Animoca Brands co-founder Yat Siu believes that nonfungible token (NFT) games are only at the tip of the iceberg in terms of potential. Check out how an executive at Kraken highlighted that NFTs will be as disruptive as Bitcoin (BTC) and how a museum in Ukraine is preserving …
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Price analysis 10/19: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
The lack of a decisive catalyst and the strength in the United States Dollar Index (DXY) has kept the recovery of risky assets under check. Bitcoin (BTC) remains stuck inside a tight range, searching for that elusive breakout. The longer the time Bitcoin spends inside the range, the greater will be the eventual breakout from …
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BAYC Creator Yuga Labs are getting Investigated by SEC Due to Security Violations
A recent report from Bloomberg was published on October 11, 2022, that has gained much traction. It stated that BAYC creator Yuga Labs are getting […] Go to Source
What’s New In The Crypto Market: Talk On Tokenization, Mango Market Saga and More
Recently, there have been new stories coming up in the cryptocurrency market. Below are the three most trending ones explained. From grand summits to news […] Go to Source
Roofstock onChain Sells First House As Ethereum NFT For 175,000 USDC
A house in South Carolina, U.S, has been sold for 175,000 USDC via Roofstock onChain. The property became the first real estate purchase using USDC and was enabled by an NFT. The Web3 marketplace enables property purchases within minutes via NFTs. Roofstock raised $240 million in March 2021. Roofstock onChain, the web3 arm of real …
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MicroStrategy’s Financial Health At Risk After Enormous $3.4 Billion Bitcoin Bet: Fortune Report
Since MicroStrategy’s pivot to Bitcoin, the company has managed to accumulate 130,000 Bitcoins, worth just over $3.406 Billion at current rates. MicroStrategy’s Bitcoin acquisition was financed through multiple debts and bond offerings. Bitcoin’s dip to $18,300 on 13 October may have temporarily jeopardized the company’s financial health. MicroStrategy’s first debt repayment is due in 17 …
Billionaire Sam Bankman-Fried and Crypto Exchange FTX Under Probe by State Securities Regulator
Billionaire Sam Bankman-Fried’s crypto exchange platform is under investigation by the securities regulator of Texas for allegedly offering unregistered seucurities in the state. A court document related to crypto lender Voyager Digital’s bankruptcy reveals that the Texas State Securities Board’s enforcement division is investigating FTX. Joseph Rotunda, the director of the board’s enforcement division, says …
DWF Labs Expands Its Presence in Far East
October 19, 2022 – Singapore, Singapore Global Web 3.0 venture capital and one of the largest market makers, DWF Labs, has announced the opening of a new office in Korea. The new office is the fifth global location for the firm, which is headquartered in Switzerland and present in Singapore, Dubai and the British Virgin …
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