Day: April 2, 2021

Bank of Thailand Seeks Public Consultation Ahead of CBDC Trials in 2022

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The Bank of Thailand has a harsh stance against the use of stablecoins in the country, and in March, the monetary authority issued a stern warning that it will begin penalizing the usage of any Thai Baht-backed stablecoins. Thailand’s apex monetary institution, the Bank of Thailand (BoT) is seeking a public opinion with respect to the development of its Central Bank Digital Currency (CBDC) and the subsequent tests ahead scheduled for 2022. The BoT revealed this in a Press Release published on Friday noting it requires public feedback on the…

Ethereum season? ETH options traders are placing big bets for June

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The price of Ethereum (ETH) is continuing to rally, reaching $2,000 on April 2 on the back of strong technical momentum following a high-profile announcement from Visa. As Cointelegraph previously reported on March 29, Visa will allow its partners to use USDC on the Ethereum blockchain network to settle transactions. ETH futures total open interest. Source: Bybt.com Since then, the interest in Ethereum across both futures and options markets is seeing an uptick, with the former approaching $7 billion, the highest in over a month.  The options market for Ethereum is…

Harmony ONE – Cryptocurrency Analysis – 2021

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In today’s video we discuss why I’m still investing my time and money into Harmony ONE. With all the partnerships and media lately, it seems like a no-brainer, right? Let’s just take this one step at a time and see if this really is the project that I decided to invest in, in 2020. We’ll take a look at some of the current news, partnerships, and even some of the projects being built on the Harmony blockchain! If you enjoy today’s video…

Overpriced crap or new art history? – Cointelegraph Magazine

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It’s been a heady few weeks for commerce and art. Surely a revolution is afoot and we’re too mired in the hot mess to see it right. With that proviso, here are two notes from the front lines. NFTs are cutting-edge, digital art ain’t Some folks say the non-fungible token (NFT) that allows a digital artwork to be possessed exclusively by a purchaser is traceable to the creation of Colored Coins in 2012 — or to CryptoPunks in 2017 — even though the this market exploded just the other day.  …

Stratis Partners With World’s Largest .NET Development Community to Expand Developer Community – Press release Bitcoin News

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press release PRESS RELEASE. Stratis, the Blockchain as a Service (BaaS) platform, expands developer reach by collaborating with C# Corner, the largest, most active group of C# developers in the world. 2nd April 2021, London, United Kingdom -  Stratis achieves another milestone as it partners with C# Corner, a 3M+ member community that works towards the advancement of knowledge and software technology. Stratis’ focus on leveraging Microsoft technologies, specifically the C# programming language, means a plethora of programmers worldwide will now be developing and supporting one-another to build with Stratis Blockchain Technologies. The partnership…

Bitcoin ‘on brink of strong breakout’ says analyst ahead of Coinbase IPO

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Bitcoin (BTC) is primed for a price breakout after beating out volatility, but April may still produce a surprise sell-off. In his latest market update on Friday, Filbfilb, co-founder of trading suite DecenTrader, said that he now expects upside to take over on BTC/USD. BTC/USD 1-day candle chart (Bitstamp). Source: Tradingview BTC “threatening a breakout” Bitcoin has recovered from its flash crash earlier in the week and briefly hit $60,000 overnight on Friday.  With seven-day gains still at 13%, there are plenty of reasons to be bullish in the short…

Former Apple Music exec joins crypto firm Ledger as head of NFT division

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Apple Music veteran Parker Todd Brooks is leaving the company to join Ledger, one of the biggest providers of cryptocurrency hardware wallets. According to a Friday announcement, Brooks will now head Ledger’s non-fungible token, or NFT, division as the company expands its support for the storage, display, management and security of NFT pieces. Brooks is joining Ledger after spending the last seven years with Apple Music, helping launch Apple Music and music radio station Beats 1 after Beats Music was acquired by Apple in 2014. Prior to his role at…

Filecoin (FIL) Sells Off After Delivering Grayscale-Driven Bumper Rally

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Filecoin dropped ahead of hitting its previous record high, near $273.57, prompted by profit-taking among traders. FIL Market Outlook The FIL/USD exchange rate slipped closed Thursday down 2.82 percent despite logging its second-best historic level of $239.94 in the same session. Traders started securing their profits at the local top amid falling bids, leading to a 22.65 percent decline ahead of the session’s end. Filecoin stabilizes near $180 after its recent rally. Source: FILUSD on TradingView.com Friday was slightly better as Filecoin attempted a brief rebound. The coin managed to…

Study Highlights the Most Common NFT Scams Amid the Current Mainstream Hype – Security Bitcoin News

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As non-fungible tokens (NFTs) are becoming a global phenomenon increasingly due to their mainstream adoption, there are also concerns about the surge of related scams. A recent study revealed the most common NFT scams that are spreading on the net. Suspicious Domain Registrations With ‘NFT’ Word Surged 250% in March 2021 According to the research conducted by security experts of Bolster, replica stores are on a bullish trend, as the recent figures show a boost in the number of domain registrations. Scammers have been actively setting up replica stores with…