The Republic of Palau and blockchain development firm Cryptic Labs announced the launch of the Root Name System (RNS), a digital residency program on Tuesday. To inaugurate the partnership between Palau, Cryptic Labs and the sovereign-backed digital residency program, Palau’s President Surangel S. Whipps Jr. signed an agreement to grant “all global users” digital residency …
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Employees from Microsoft and Apple are jumping ship to join Meta Platforms as the company sets its sights on creating the Metaverse. According to former employees of Microsoft quoted by the Wall Street Journal, around 100 people have ditched the tech giant’s augmented reality team over the past year to join Meta Platforms. They claim …
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Su Zhu, co-founder and CEO of crypto hedge fund Three Arrows Capital says Bitcoin just flashed a rare bullish signal. Zhu points out to his 447,000 Twitter followers that Bitcoin’s dormancy flow metric has just reached a level only seen five other times in history. “Dormancy flow buy signal on $BTC, very rare, only six …
A closely followed economist is keeping a close watch on inflation data as he believes the next update could determine the direction of the crypto markets. Alex Kruger tells his 117,100 Twitter followers that inflation is now the number one concern of the Federal Reserve. According to the economist, the Fed has turned hawkish as …
As the crypto markets suffer through widespread pullbacks on Monday, popular trader Credibe Crypto remains bullish on Bitcoin (BTC) and one decentralized finance (DeFi) altcoin. The pseudonymous analyst tells his 291,600 Twitter followers that Bitcoin looks attractive at current prices, considering that the top crypto is down around 40% from its all-time high. “If my analysis …
Bitcoin Magazine’s YouTube channel was restored around three hours after being shut down, with the publication attributing the short ban to the YouTube algorithm flagging the word “Kazakhstan.” In a Jan. 12 Twitter post, Bitcoin Magazine noted that its YouTube account with 56,600 followers was banned in the middle of a livestream with no prior …
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New data shows that Bitcoin (BTC) miners are hoarding more coins than at any time in the past five months, which could be a fresh signal that the current prices are not for selling. Analyzing its miner net position change indicator on Jan. 11, on-chain analytics firm Glassnode revealed what popular Twitter account Bitcoin Archive …
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Major U.S. crypto exchange Coinbase will be giving its employees one week off each quarter in 2022 to recharge after “long days and long weeks” of intense work. In a Monday blog post, Coinbase chief people officer L.J. Brock said “nearly the entire company will shut down” for four separate weeks this year as part …
Widely-followed crypto analyst Nicholas Merten says Bitcoin (BTC) will drop further, but smart money will end up catching it at lower prices and sending it on a huge rally. In a new YouTube update, the DataDash channel host tells his 491,000 subscribers that the Bitcoin market is going through a “unique cycle.” “We’re just going through our …
An enterprise-grade altcoin that’s focused on security and regulatory compliance is looking to go airborne after securing a major infrastructure partnership. In a new blog post, Hedera Hashgraph (HBAR) announces that aviation technology firm Neuron has harnessed the power of its network to successfully test new methods of air traffic control in the United Kingdom. …
A widely followed crypto analyst says that Bitcoin (BTC) is not yet in a bear market despite its recent pullback that saw the biggest digital asset tumble to prices not seen since last September. The pseudonymous analyst known as TechDev tells his 334,000 Twitter followers that BTC is still in a long corrective phase. However, …
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Institutional investors are remaining bearish on the crypto markets, resulting in digital asset investment products seeing record outflows to start the new year. According to digital asset manager CoinShares, crypto investment products reached a new weekly record outflow of $207,000,000 last week. “Digital asset investment products saw outflows totaling a weekly record of US$207m. This …
Brokerage firm eToro introduced MetaverseLife, a new smart portfolio covering stocks and crypto-assets from within the growing metaverse industry, on Tuesday. The company stated that its goal is to offer a diverse range of investments made for long-term exposure. Currently included in the portfolio are Meta Platforms, the new parent company behind Facebook, Roblox and …
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Bitcoin (BTC) price made a quick pop above $43,100 in the U.S. trading session but uncertainty is still the dominant sentiment among traders on Jan. 11 and bulls and bears are split on whether this week’s drop to $39,650 was BTC’s bottom. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin has traded tightly …
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On Tuesday, crypto-fiat gateway payments platform Ramp announced that its U.S. subsidiary Ramp Swaps LLC had received its registration as a Money Service Business with the Department of Treasury’s Financial Crimes Enforcement Network. The regulatory greenlight enables Ramp to do business in 38 states across the United States. Besides the development, Ramp also has regulatory …
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