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Day: November 19, 2021
Bloktopia co-founder aspires to build a metaverse with ‘hundreds of the best crypto projects’
Bloktopia is a virtual skyscraper in the Metaverse comprised of 21 levels to pay homage to the 21 million total maximum supply of Bitcoin (BTC). Owners of its BLOK tokens will be known as Bloktopians. Users will be able to buy and sell nonfungible tokens, or NFTs, purchase digital ad venues, own real estate, and more in the Bloktopia virtual reality. Meanwhile, Bloktopians can also earn revenue by selling or leasing virtual property in the skyrscraper to interested buyers. Bloktopia in-game footage | Source: Bloktopia The project, set to launch…
US Crypto Exchange Soars to $7,100,000,000 Valuation After First Outside Funding Round
New York-based centralized crypto exchange Gemini is reaching new valuation heights after securing its first outside financing. Gemini announced this week that it secured $400 million in a funding round led by cryptocurrency hedge fund Morgan Creek Digital. Other investors include 10T, ParaFi, Newflow Partners, Marcy Venture Partners, and the Commonwealth Bank of Australia. Until this financing round, Cameron and Tyler Winklevoss, who co-founded Gemini, had completely funded the exchange through their family office, Winklevoss Capital. Thanks in part to their efforts, Gemini is now valued at $7.1 billion. Tyler…
Bitcoin Bounces To $58K, Why Bears Could Spill More Blood
After one of its most bloody days in 2021, Bitcoin is trying to reclaim critical support above $58,000. A daily close north of this target could push BTC’s price back to the $60,000, but still a long way from a confirmed recovery. Related Reading | Shakeout Or Top? Here’s What Bitcoin SOPR Says About It As of press time, Bitcoin trades at $58,137 with sideways movement in the daily chart. BTC struggles at $58,000 in the 4-hour chart. Source: BTCUSD Tradingview Bitcoin started its downward trend immediately after scoring a…
Crypto Market Analysis 10 NOV 2021, Price Predictions XRP, DASH, ZEC, REEF
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #ilmeaalim, #umairmuneer, #cryptomarketanalysis BTC Analysis 00:08 XRP Analysis 02:28 DASH Analaysis 04:24 ZEC Analysis 06:14 REEF Analysis 07:41 To get 20% Trading Discount: To get 10% Trading Discount: Don’t forget to socialize with us through Facebook: Telegram: In case if you want to take a look on our other youtube channels: Sports Channel: Kids Channel: I’ve used following websites to get images, audio and videos: PricePredictionXRP PricePredictionDASH PricePredictionZEC PricePredictionREEF crypto news today, crypto news today hindi, crypto news today pakistan, crypto news…
Bitcoin Long-Term Uptrend Intact; Support Around $53K-$56K
Bitcoin (BTC) is stabilizing after a near 10% decline over the past week. The cryptocurrency is holding initial support above $56,000, although resistance around $65,000 could limit further upside over the short term. The relative strength index (RSI) is oversold on intraday charts, which could encourage brief buying activity. On the daily chart, the RSI is approaching oversold conditions similar to late September, which preceded a price recovery. On the weekly chart, bitcoin’s long-term uptrend remains intact given the upward sloping 40-week moving average. Momentum is still positive on a…
Is US politics divisive enough to make crypto a partisan issue?
As the perceived legitimacy of blockchain technology increases, politicians in the U.S. have shown a growing interest in turning this non-partisan technology into a topic of political divisiveness. Speaking via video to an audience of the Bloomberg New Economy Forum in Singapore on Friday, former presidential candidate Hillary Clinton said while cryptocurrencies were an “interesting” technology, they also had the power to undermine the U.S. dollar and destabilize nations — “perhaps starting with small ones but going much larger.” While no longer the leader of the Democratic Party, Clinton’s sentiment…
Shakeout Or Top? Here’s What Bitcoin SOPR Says About It
Bitcoin price has now declined to $56k; does that mean a top is in? Or is this just a shakeout? Here’s what the SOPR indicator says about it. The Bitcoin SOPR Indicator The BTC Spent Output Profit Ratio (or SOPR in short) is an on-chain indicator that estimates whether investors are selling at a profit or a loss. When the metric’s value is above one, it means coins that were moved during the period were sold, on an average, at a profit. While SOPR values less than one imply the…
Meta Cryptos Surge off the Back of Facebook’s Name Change to “Meta”
Much has been said recently about Facebook’s decision to rebrand to Meta, with both arguments for and against but what is without question is the overwhelming effect it has had on the metaverse cryptocurrency market. Over the past couple of weeks, we have seen metaverse cryptocurrencies rally and this looks set to only be the start of this sector’s growth during the rest of 2021 and into 2022. Much of this growth has been the realization of the virtual world becoming more and more attractive for millions of people around…
New Hype in The Crypto Industry
Thousandfold growth, incredible hype on Twitter and Elon Musk – this is how you can briefly describe the situation around the “meme-coins” that has arisen in the crypto space over the past year. Meme coins are cryptocurrencies that cannot boast of using or inventing any advanced technologies, but they are great at speculating on popular Internet memes and other funny stories. Various influencers play an important role in promoting meme coins. And for some coins, the main and most important role, as happened with Dogecoin or Shiba Inu, which owe…