A new entrant into the non-fungible token (NFT) marketplace sector has seen its price and market cap explode this week. The OpenSea rival LooksRare launched on January 10th, and the project’s native asset LOOKS has already surged in price by nearly 55%. The token, which was listed by the exchange OKEx on Wednesday, is currently …
Continue reading “OpenSea Rival Surges 55% in Just Four Days, Shattering $500,000,000 Market Cap”
Veteran trader Tone Vays says he’s remaining bullish on Bitcoin (BTC) despite the top crypto’s momentum oscillators showing weakness. In a new strategy session, the seasoned crypto analyst tells his 119,000 subscribers that Bitcoin’s moving average convergence/divergence (MACD), Relative Strength Index (RSI), and Chaikin Money Flow (CMF) indicators all look “horrible.” “The MACD is very …
Dogecoin (DOGE) prices rose substantially on Jan. 14 as Elon Musk announced that Tesla would start accepting it as payment for merchandise. Tesla merch buyable with Dogecoin — Elon Musk (@elonmusk) January 14, 2022 After the announcement, DOGE price jumped nearly 13%, hitting a 30-day high of $0.2150. Its upside move came as a part of a …
Continue reading “Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch”
Following the announcement that Facebook’s parent company would be rebranding in a shift towards the Metaverse, many projects have started similar initiatives entering the virtual space, from buying property to testing the limits of what this universe has to offer. Visit Disneyland… in the Metaverse? The entertainment company behind some of the most popular theme …
Continue reading “Going meta: Disney, Second Life and K-pop”
A bit Twitter drama ensued on Thursday, continuing well into Friday afternoon, when developers behind popular meme token Shiba Inu (SHIB) issued a statement alleging that CoinMarketCap had listed three fake SHIB contract addresses belonging to the Binance Smart Chain (BNB), Solana (SOL), and Terra Luna (LUNA) blockchains. The staff at Shiba Inu claimed that …
Cathie Wood’s Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circle, for $70.6 million through the company’s ARK Fintech Innovation exchange-traded fund (ETF). This purchase would represent a new position for the ETF, according to MarketWatch. Ark Invest’s ETFs have a history of …
Continue reading “Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle”
Bitcoin Price Prediction – January 14 As the daily chart reveals, the Bitcoin price shows that BTC is trading near the resistance level of $44,000 as the recovery comes slowly. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $48,000, $50,000, $52,000 Support Levels: $38,000, $36,000, $34,000 BTCUSD – Daily Chart Buy Bitcoin Now …
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Some of the leading cryptocurrency exchange platforms in the US, FTX and Bitstamp, are looking towards launching stock trading services. This will allow the exchange platforms to expand their scope of offerings. These will not be the first crypto exchange platforms to offer stock trading services. Through their new offerings, they will be competing with …
Continue reading “FTX US and Bitstamp USA want to venture into traditional finance”
The Swiss National Bank has worked with some leading financial institutions globally to look into central bank digital currencies (CBDCs). Through this partnership, the institution successfully integrated CBDCs into the banking system. Besides the Swiss National Bank, the other institutions in this project included Citigroup Inc, Credit Suisse Group AG, Goldman Sachs Group Inc, Hypothekarbank …
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The State Bank of Pakistan is contemplating a complete ban on crypto assets. The institution notes that cryptocurrencies present certain risks, and is even referred to countries like China that have banned these assets. The central banking institution is working with the Federal government on contemplating this ban that could eradicate the use of Bitcoin …
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India seems to be changing its harsh stance on digital assets. The country could soon launch its first Bitcoin and Ethereum futures exchange-traded fund(ETF), which is a positive sign, given that a crypto ban bill loomed in late 2021. This product will be similar to the crypto ETFs in the US because it will be …
Continue reading “India could soon launch a Bitcoin and Ethereum ETF”
Legislators in the US are set to hold another crypto hearing with both in-person and virtual attendance. The House’s Energy and Commerce Oversight and Investigations Subcommittee plans to hold a hearing next week titled “Cleaning Up Cryptocurrency: The Energy Impacts of Blockchains.” The topic of costly energy consumption has dogged Bitcoin (BTC) in the past …
Continue reading “US Lawmakers Schedule Hearing To Probe Energy Impact of Crypto”
January 14, 2022 – Hong Kong, China The inaugural ‘blockchain person of the year 2021’ voting event, spearheaded by VotingDAO, is going live and aims to recognize the impact and core contributions in the blockchain space. VotingDAO seeks to shift the paradigm by introducing a novel and potentially game-changing concept – ‘vote-to-mint,’ or a fully decentralized …
January 14, 2022 – Boston, Massachusetts Feature will invite more widespread community participation in key network decisions. Substrate-based DeFi privacy protocol, Manta Network, has launched the community governance feature for its Kusama-based network Calamari Network. Earlier this year, the Manta team had activated the necessary features for on-chain governance on Calamari through a runtime upgrade. Currently, …
Cryptocurrency analyst Jason Pizzino is laying out his forecast for Cardano (ADA) as the crypto market recovers. In a new video, Pizzino tells his 256,000 YouTube subscribers that the seventh-largest cryptocurrency could be entering the bull territory when it breaches the $1.40 price level from a low of $1.07. “This is the area that we …
