A rebound move witnessed in the Solana (SOL) market this weekend exhausted midway as its price dropped below the $90 level from a high of $96 on Feb. 21. In doing so, SOL price technicals are now risking a classic bearish reversal setup. Solana price risks dropping to $60 Dubbed head-and-shoulders (H&S), the technical pattern emerges when the price forms…
Month: February 2022
FTX.US job posting reveals blockchain gaming unit in the works
FTX.US, the American arm of the global crypto derivative and spot exchange FTX, seems to be launching a new blockchain gaming unit. As per a job posting by the crypto exchange, the firm is looking for software developers for its upcoming blockchain and gaming unit. The new gaming unit will be focused on bringing more gaming developers to the blockchain-based…
Ruby on Rails creator backpedals about Bitcoin: ‘We need crypto’
Canada’s move to freeze Bitcoin (BTC) wallets and bank accounts related to COVID-19 vaccine protests is driving cryptocurrency adoption, with some crypto naysayers reconsidering their stance on Bitcoin. David Heinemeier Hansson, the Ruby on Rails web development framework creator, took to Twitter on Monday to tell his followers that he was no longer a Bitcoin skeptic. “I still can’t believe…
Danger to crypto or journalistic integrity?
From the very beginning, individuals making use of pseudonymous identities to protect their privacy has been an integral part of the crypto sector, however, with the market having matured a lot since the early days, the question of these practices still being morally sound has once again come to the forefront, especially in relation to projects that have achieved a…
Coinbase, Polygon Studios Join Jambo’s $7.5 Million Seed Round
Jambo—a Web3 banking app for the African continent—has just raised $7.5 million in seed round funding from a host of investors, including Coinbase Ventures, Polygon Studios, Delphi Ventures, 3 Arrows Capital, Alameda Research, AllianceDAO, Tiger Global, DeFiance Capital, Hashed, UOB, Signum Capital, BH Digital, Yield Guild Games, and others. Now, Jambo is valued at $50 million. In addition to the…
Snoop Dogg Drops 10,000 Playable Sandbox Avatar NFTs – Mint a Unique Doggie and Explore the Metaverse in Style – Sponsored Bitcoin News
sponsored With the memory of The Sandbox Alpha release still fresh and the funky music from the Snoop Dogg concert still lingering in their minds, fans must be thrilled to know that Season II is already on the way! Prior to the new season, The Sandbox is going to launch a grand collection of unique Snoop Dogg NFT avatars that…
$250K bounty ‘not too low to be insulting,’ says Coinbase white hat hacker
On February 11th, two days before the Super Bowl and Coinbase’s $14 million color-changing QR code advert, an engineer was desperately trying to reach out to Coinbase management and the development team. Anyone here can get me a direct line with someone at @coinbase , preferably management or dev team, possibly @brian_armstrong himself? I’m submitting a hacker1 report but I’m…
FTX to Roll Out Crypto Service for Games Publishers
Crypto exchange FTX’s U.S. affiliate has announced the launch of a gaming unit called FTX Gaming. “We are launching FTX Gaming because we see games as an exciting use case for crypto. There are two billion plus gamers in the world who have played with and collected digital items, and can now also own them,” an FTX spokesperson told Bloomberg. …
Meta’s Horizon Worlds Userbase Grows Tenfold in Three Months – Bitcoin News
Horizon Worlds, one of the flagship metaverse apps that Meta has released, has reached a monthly userbase of 300K users on its platform. Meta’s executives announced this milestone in a virtual all-hands update last week. The company also announced recently that more than 10,000 worlds had been created on its platform, a sign of the growth that the tool has…
BTC price falls below $38K as Tencent leads worst China tech rout since July
Bitcoin (BTC) kept falling lower on Feb. 21 as $38,000 became the latest level to fail the test for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 eyed as BTC relief bounce target Data from Cointelegraph Markets Pro and TradingView painted a grim picture for BTC/USD Monday, as $38,000 support abruptly vanished after holding throughout the weekend. #BTC Update 1h…