The price of Solana (SOL) may rise by over 45% in the coming weeks as the cryptocurrency intends to complete a double-bottom chart pattern against the U.S. dollar. A $150 SOL ahead? Double-bottoms typically appear at the end of a downtrend when the price falls to a low, rebounds, and returns to the level near the previous low. With bears…
The Ukrainian government made an “official request” to eight crypto exchanges to halt support for the Russian ruble, the Ukrainian government told Decrypt via email yesterday. “Yesterday the Ministry of Digital Transformation of Ukraine made an official request to Coinbase, Binance, Huobi, KuCoin, Bybit, Gate.io, Whitebit, and Kuna asking to halt support for the Russian ruble, ruble spot pairs and…
In brief Discord griding has emerged as a thriving sub-economy on Fiverr. Some warn that the use of grinders can hurt the integrity of Web3 projects. The crypto industry is in a hiring frenzy with companies dangling six- and seven-figure salaries to attract top blockchain talent. But the boom has also extended to the lower strata of the labor market,…
The government of Ukraine has announced an airdrop as part of its ongoing push for cryptocurrency donations amid Russia’s invasion. An airdrop is when a project or organization sends cryptocurrencies or NFTs to user addresses that had, in some way, interacted with the entity. It is, for example, a popular tool to get governance tokens from DeFi projects into the…
Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN Seeks to ‘Amplify Consumers’ Digital Experiences’ South Africa’s mobile network operator, MTN, recently bought 144 plots of digital land in…
Cyber Security Industry Advisory Committee, the Australian cybersecurity advisor, highlights various crypto-related opportunities for the government to undertake as it prepares for the global mainstreaming of cryptocurrencies. The study released by Australia’s Department of Home Affairs, titled ‘Exploring Cryptocurrencies’, cites the rise in crypto adoption as the country undergoes a rapid transformation to an advanced digital economy: “There is a…
The leading cryptocurrency, Bitcoin, has enjoyed a 15% rise over the past week. Conversely, traditional markets in the S&P 500 and the Nasdaq have not fared nearly as well. The split in price performance has also led several crypto enthusiasts to revisit the narrative that the orange coin is the best safe-haven asset in the world. That’s because these assets…
In a new twist for nonfungible tokens (NFTs), Solana-based NFT marketplace Neon deployed an NFT ATM in the financial district of New York, giving people a very familiar way to acquire NFTs. In an interview with Cointelegraph, the Co-founder and CMO of Neon, Jordan Birnholtz shared the story of how the NFT ATM came to life. According to Birnholtz, the…
Bitcoin (BTC) is “looking pretty good” as the week progresses as bulls line up challenges for several significant resistance levels. In an update to Telegram subscribers on Mar. 2, Filbfilb, an analyst at trading suite Decentrader, joined increasingly bullish sentiment around the outlook for BTC/USD. Trader focuses on levels above $40,000 After surprising the market with a breakout Monday, Bitcoin…
Spacex has managed to deliver Starlink equipment to Ukraine as promised by its founder, Elon Musk. The hardware will provide access to high-speed internet for users in the country, which has been experiencing disruptions in communications as a result of Russia’s military invasion. Ukrainians Get Starlink Internet Amid Ongoing Russian Offensive Ukraine has received a batch of terminals needed to…
