Following yesterday’s rally in crypto, prices consolidated on Wednesday, as markets were once again fearful of escalating tensions between Russia and Ukraine. The uncertainty came as NATO reported that Russia was increasing troops on the border, as opposed to sending some home. Bitcoin BTC, which looked set for a breakout of the $45,000 level yesterday, fell on hump-day, sending the…
Month: February 2022
Bitcoin dips before Fed rate hike cues amid warning over $9T balance sheet
Bitcoin (BTC) fell into the Wall Street open on Feb. 16 as markets held their breath over upcoming comments from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Chop then breakout “makes sense” for Bitcoin Data from Cointelegraph Markets Pro and TradingView tracked a swift decline for BTC/USD around the start of trading, with lows of…
Crypto Music App Audius Bridges AUDIO Token From Ethereum to Solana
In brief Music platform Audius has launched a wrapped Solana version of its Ethereum AUDIO token. Audius is expanding its footprint on Solana and teases more Solana-centric features ahead. Streaming music service Audius was originally built to be used on the Ethereum network, but it has gradually embraced rival blockchain Solana as a way to scale to meet increasing demand.…
Swan Bitcoin Launches Bitcoin Resources Hub
Swan Bitcoin has announced Bitcoin Canon, a new platform of educational Bitcoin content curated by Bitcoiners to bring high-quality information to the masses. “Over the years, we have seen the educational resources in the Bitcoin space grow in both quality and quantity,” Swan’s VP of education and marketing, Brady Swenson, said in a statement sent to Bitcoin Magazine. “The goal…
Arab Federation of Capital Markets Partners With UAE to Launch Blockchain Innovation Challenge – Blockchain Bitcoin News
United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (KYC) verification system based on blockchain technology. Trustworthiness of Data on the Blockchain The AFCM has, in conjunction with the UAE’s Ministry of Economy, launched a market innovation challenge wherein participants…
Red Bull Racing Signs $150M Sponsorship With Crypto Exchange Bybit
Formula 1 team Oracle Red Bull Racing has signed a record-breaking sponsorship deal with cryptocurrency exchange Bybit. In an announcement, the team revealed that the three-year sponsorship deal, reportedly worth $150 million, “represents the single largest per-annum cryptocurrency venture yet seen in international sport.” The sponsorship deal will see Bybit take on the mantle of Principal Team Partner for the…
Making sense of the Bitfinex Bitcoin billions
It’s the Netflix script that wrote itself. A story so outlandish, it’s stunned the crypto community; an industry accustomed to apparent suicides in Spanish jail cells and nonfungible token auctions for dead rappers. The plot involves the United States Department of Justice (DoJ), a crypto exchange with a checkered history, a rapper-cum-Forbes magazine writer, a voucher to buy a new…
The Simple Way to Monetize Your Land
press release PRESS RELEASE. Adshares ($ADS) – the decentralised advertising protocol, has just shared an asset pack for DCL Builder, which enables seamless integration, automated settlement and automatic monetization of ads across Decentraland ($MANA) Metaverse advertising is inevitable Advertising is present in every sphere of life and already appears in metaverses in a very simplified form. Sooner or later it…
Banning Bitcoin in Russia is ‘same as banning the internet,’ minister says
Banning cryptocurrencies like Bitcoin (BTC) is impossible, Russia’s finance minister Anton Siluanov declared as the Bank of Russia keeps calling on the state to ban crypto in the country. Placing a ban on crypto in Russia is the “same as banning the internet, which is impossible,” Siluanov declared at the ministry’s briefing with the central bank, Forbes Russia reported Wednesday.…
This Bitcoin price fractal from 2018 could trap bulls, sink BTC price to $25K — analyst
A recent price recovery in the Bitcoin (BTC) market risks getting erased due to an eerie fractal from 2018. Bitcoin price cycle similarities First spotted by CryptoBullet, an independent market analyst, the fractal shows Bitcoin recreating an inverse head-and-shoulders (IH&S) pattern that preceded its price decline toward $3,100 later in December 2018. As a result, anticipations that BTC’s price will…