Day: November 22, 2021

Bitcoin stays volatile as BTC jumps $2.9K in 15 minutes before Wall St. open

Bitcoin (BTC) stayed true to form on Nov. 22 as the hour before the Wall St. opening bell was met with a sudden surge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Skittish Bitcoin darts around below $60,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rose almost $3,000 in minutes after hitting multi-day lows of $56,640 Monday. #Bitcoin just pumped $2500 in like 5 minutes — Benjamin Cowen (@intocryptoverse) November 22, 2021 The pair had seen strong rejection after briefly breaking the $60,000 mark, this now clearly acting…

It’s About Getting It Right Rather Than Being First – Emerging Markets Bitcoin News

The Central Bank of Kenya (CBK) governor, Patrick Njoroge, has said his institution is currently exploring the use of central bank digital currencies (CBDC) to settle cross-border payments. Njoroge however insists the bank’s priority is getting it right rather than being the first. CBK’s Approach According to a report by the Kenyan Wallstreet, Njoroge — who made these remarks while attending a virtual Afro-Asia Fintech festival — argued that such a CBDC would enhance the efficiency of cross-border payments. The report nonetheless quotes Njoroge reiterating the CBK’s approach which is…

How Misinformation on ‘Book Twitter’ Killed a Literary NFT Project

Once upon a time, there was a wasteland teeming with deadly monsters and dark magic. The only thing stopping the wasteland’s evil forces from escaping was a magical wall maintained by five kingdoms. But as war brewed, the wall began to crumble. What happens next? That’s for you to decide. At least, that was the initial plan for “Realms of Ruin,” a collaborative storytelling project helmed by former Facebook executive Julie Zhou and a team of best-selling young adult (YA) fantasy and science-fiction authors. Marie Lu, Tahereh Mafi, Ransom Riggs,…

Oasis Labs Launches Emerald, an EVM-Compatible Smart Contract Environment

Another layer 1 smart contract platform is positioning itself to enter an increasingly crowded race for users and transaction volume. On Monday, Oasis Labs – developers of the Oasis privacy-preserving blockchain network – announced the launch of Emerald, an Ethereum Virtual Machine (EVM)-compatible ParaTime smart contract execution environment. Oasis allows for multiple ParaTimes – each capable of operating with a different virtual machine execution environment –  to function simultaneously on the same blockchain. An EVM-compatible Paratime will also enable Ethereum developers to quickly port over copies of code native to…

Anomus Private Round Closes With Uber-Subscribed Sales – Sponsored Bitcoin News

sponsored IDO Will Follow On November 26th Anomus has been a well-anticipated project that has gained much attention over the last few months. Today Anomus is announcing the closure of its private sale round with a very successful and promising oversubscription. The oversubscription was well anticipated by the team; which is due to the project’s hype which, backed by well-known names in the blockchain space and a team of crypto professionals, has been building up a lot lately. Anomus plans to launch its ‘Initial Dex Offering’ (IDO) on the 26th…

BITCOIN e CRYPTO BULL MARKET 🌈 CryptoMonday NEWS w45/'21

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CryptoMonday: ogni Lunedì, andiamo a fare il resoconto sulla settimana appena trascorsa in termini di mercato e di news. MetalSwap ► MetalSwap Twitter ► MetalSwap Telegram ► Canale di discussione in Italiano (Telegram) ► Sempre aggiornato con Koinsquare NEWS: Per supporto tecnico/fiscale (a pagamento) ► – Indice e Riferimenti: ► 00:00 – Intro e Analisi di Mercato ► 05:14 – Finestre Temporali BTC ► 07:12 – Analisi Tecnica ► 10:16 – Il picco del ciclo ► 12:18 – 5 Cose da osservare…

Payments Infrastructure Firm MoonPay Raises $555M at a $3.4B Valuation

MoonPay, a payment infrastructure provider for crypto companies, has raised $555 million in an all-equity Series A round led by Coatue and Tiger Global that values the firm at $3.4 billion. The funds will be used to hire people, expand geographic coverage and add more payment methods. Ivan Soto-Wright, MoonPay’s co-founder and CEO, told CoinDesk in an interview that the firm will also be looking at mergers and acquisitions. “There are companies that can help us move faster in certain geographies or help improve certain components of the infrastructure stack,”…

Morgan Stanley Sees Facebook as Best Stock to Gain Exposure to the Metaverse

The metaverse will likely be a “next-generation social media, streaming and gaming platform” and will operate initially as an advertising and e-commerce forum, according to a research note by Morgan Stanley published last week. The “addressable U.S. consumer expenditure to monetize is large … at $8trln,” and the bank sees “~$5 [trillion] of consumer expenditure that could be digitized faster from more immersive experiences.” Facebook (overweight rated) is the most obvious way to invest in the space, according to the report written by lead equities analyst Brian Nowak, and any…

Swedish call to ban crypto mining ‘completely misinformed,’ says fund manager

A Swedish financial watchdog’s call for a European Union-wide ban on proof-of-work (PoW) crypto mining, mainly known as the method of minting new Bitcoin (BTC), has received backlash from crypto-related fund managers.  Melanion Capital, a Paris-based alternative investment firm known for its Bitcoin ETF, addressed the Swedish Financial Supervisory Authority and Swedish Environmental Protection Agency’s call to ban PoW mining across Europe. “The claim that Bitcoin miners jeopardize the electricity network is completely misinformed,” noted Melanion, reminding that Bitcoin miners’ business model is prone to collapse when the electricity demand…