Day: November 9, 2021

Bitcoin Breakout May Have Further to Run, Altcoins Also to Gain, FSInsight Says

Bitcoin’s breakout above $63,300 on Monday to all-time highs is “constructive technically” and should see prices rise to $72,000 initially and then $77,600, according to FSInsight, a markets strategy and research firm. FSInsight notes that bitcoin momentum isn’t overbought yet on daily or weekly timeframes. Read more: Bitcoin Soars Past $68K for the First Time as Ether Also Sets Record High A breakout in bitcoin’s market-cap dominance chart means it may outperform altcoins in the near term, FSInsight said. This “represents a likely shift to higher market capitalization into bitcoin…

Russia to change laws for digital ruble, while central bank mulls 2022 prototype

On Tuesday, Elvira Nabiullina, governor of Russia’s central bank, said that the country will have a prototype of its digital rouble platform ready by early 2022 and will roll it out for trial use next year before making a final decision on whether or not to release its own digital currency, according to a Reuters report. Meanwhile, Russian lawmakers will reportedly begin working on the legal adjustments needed to implement the digital ruble plan to accommodate the digital currency. According to Izvestia, the head of the State Duma Committee on the…

Bitcoin: Top 10 Profitable Altcoins, Best Cryptocurrency Investments for November and December #2021

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin: Top 10 Profitable Altcoins, Best Cryptocurrency Investments for November and December 2021 What is the best cryptocurrency to invest in November and December ? Top altcoins set to explode? Let’s discuss the best cryptos with massive potential! Subscribe to know more about crypto and bitcoin live trading : Follow me on Instagram: My Recent Videos: Bitcoin: The Upcoming Monthly Close, (btc,financial education,bitcoin news,bitcoin price prediction): bitcoin trading strategy :(New Bitcoin Pattern Reveals Next Move? bitcoin news today) cryptocurrency: Bitcoin Today:(Bitcoin Trading…

Latest West Africa Art Fair Features NFTs, Organizers Highlight Importance of Blockchain – Altcoins Bitcoin News

The organizers of Art X Lagos, a West Africa art exhibition, recently kickstarted a non-fungible token (NFT) art fair that features the works of African artists drawn from more than six countries. Blockchain Provides Important Opportunity for Artists In a statement made on Art X Lagos’ website, the organizers argue that blockchain is now providing digital artists with an opportunity to sell their work. They added that such a paradigm shift opens up the possibility of a more decentralized and more collaborative economy, where creators can lead the way towards…

Solana Wallets Phantom, Solflare Eye Mobile for Growth

That, at least, is Solana’s party line. In the past week, top brass at Solana Labs, which builds on the proof-of-stake ecosystem, waxed bullish on mobile wallet integrations. Head of Growth Matty Tay said Phantom’s yet-to-launch mobile wallet could “open the floodgates” to millions of new users. Source

Retail-focused Singaporean CBDC to hedge against privately issued stablecoins

Singaporean central bank Monetary Authority of Singapore (MAS) has ramped up efforts to research and develop a central bank digital currency (CBDC) for retail use under the Project Orchid initiative.  According to MAS managing director Ravi Menon, Singapore’s retail CBDC will be developed in partnership with private entities, which “would be the digital equivalent of today’s notes and coins.” Speaking at the Singapore FinTech Festival, Menon highlighted the benefits of retail CBDCs in aiding faster and secure online transactions and building an inclusive payment ecosystem. He also believes that building…

Three Arrows Capital, Jump Capital back $40M Neon Labs token sale

Decentralized finance development firm Neon Labs has concluded a $40-million private token sale as part of its ongoing efforts to create an Ethereum-compatible environment on the Solana blockchain, underscoring heightened investor demand for scalability and liquidity solutions in the rapidly growing decentralized finance market. The private sale of NEON tokens was led by Jump Capital, a Chicago-based venture firm, with additional participation from Shu Zu’s Three Arrows Capital, Solana Capital, Rockaway Blockchain Fund, Ethereal Ventures and CoLab Ventures, among others. Over 60 angels and ecosystem partners participated in the token…

ETH-BTC Chart Points to Ether Leadership Ahead

While bitcoin appears to be pulling the broader market higher right now, ether may take the lead in the coming weeks. Ether-bitcoin’s (ETH/BTC) weekly chart shows a bull pennant – a technical pattern marked by converging trendlines, indicating an impending continuation of the ether-bitcoin ratio’s upward move from 0.023 to 0.08 seen early this year. A move above the upper trendline would confirm a breakout or shift in market leadership toward ether. “It does look like a bull pennant,” Daniel Kukan, senior cryptocurrency trader at Swiss-based Crypto Finance AG, told…

LOST 1 MILLION ON COINBASE. REASON FOR ALTCOIN LAG BEHIND BITCOIN

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io THE BITCOIN AND CRYPTO MARKET has been growing fast but the last 24 hours we’ve seen a pullback and that’s GOOD. Also, a user lost 1 million in funds on Coinbase. Why this isnt coinbase’s fault. Alex Mascioli Vid – 🗣 SPEAKING EVENT LINK – 🗣 (CONSCIOUS CRYPTO VIRTUAL SUMMIT) 0:00 – Market Recap | Topics Overview 2:08 – COINBASE “IT’S BAD” 6:19 – NEW STRATEGY 8:10 – REASONS FOR LAGGING ALTCOINS 13:34 – BOE AND KEVIN O’LEARY ●▬▬▬▬▬▬CRYPTO ESSENTIALS▬▬▬▬▬▬▬● 🟧 (100%…