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Day: November 30, 2021
The Singapore Effect
In the world of Crypto, GameFi, and the METAVERSE, we think in terms of a global industry, which of course it is, although you will be very interested to learn that there is one country dominating when it comes to leading Crypto projects and indeed the individuals behind those projects. The location of this influx of crypto-based companies is SINGAPORE. Let’s start about, Vitalik Buterin. Crypto’s first billionaire and co-founder of Ethereum, which is arguably one of the more popular Blockchains at present, he is domiciled in Singapore. Zach Burke…
Bitcoin Back on the Defensive as Moderna CEO Warns of Reduced Vaccine Efficacy, Exchange Inflows Eyed
There is consensus in the market that policymakers would provide unlimited support to asset prices if the situation worsens, leading to lockdowns. However, that would push governments and central banks in a tough spot. With inflation already running hotter than expected globally, lockdowns and more stimulus could lead to stagflation, a period characterized by low growth and elevated price pressures. While bitcoin is widely perceived as a store of value asset, it remains vulnerable to weakness in growth-sensitive assets like stocks. Source
Bitcoin cools from 1-week highs with key long-term metric echoing $44K
Bitcoin (BTC) returned to cement higher support on Nov. 30 after the latest BTC price comeback halted near $59,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI sees “bullish engulfing” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing to local lows of $55,920 on Bitstamp overnight. The pair then recovered to circle $56,500 at the time of writing, with analysts keeping the faith on higher timeframe strength. Popular Twitter personality TechDev noted that Bitcoin’s stochastic relative strength index (Stoch RSI) had “reset” to levels that echo BTC/USD at $44,000…
Kraken exchange defies competitors’ regulatory concerns with SHIB listing
United States-based digital asset exchange Kraken has announced it will begin supporting the viral meme coin Shiba Inu (SHIB) as of Nov. 30. There will be a minimum deposit of 373,000 SHIB ($16 USD), and the minimum trading volume is 50,000 SHIB ($2 USD). SHIB will initially be tradeable against the USD and Euro pairs, however, Kraken Futures and Margin Trading for SHIB won’t be available at launch. New Listing on Kraken: @Shibtoken $SHIB deposits begin NOW! Trading is live November 30. ➡️ Learn more: https://t.co/yUUKaBXKBq pic.twitter.com/L2IUHugyG0 — Kraken Exchange…
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A Look At BTC’s History Of Up’s And Down’s
Bitcoin has ran into its fair share of judgement and hate, if it’s from people accusing the blockchain of harming the earth, or countries banning them, we will take a look at Bitcoin’s run-ins and how it has gone through minor setbacks, and major comebacks. A History Lesson We all know the powerhouse that is starting to raise fresh eyes and debates on the new way of Money. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began…
Jordi Molla, Raini, and Krew Studios Announce 1 of 1 NFT Drop Ahead of Art Basel
Earlier in November, Raini and Krew Studios announced their collaboration which will be bringing in A-tier brands and celebrities into the digital space through a series of curated, limited edition NFT lineups. The first of these, the MASKS by Jordi Molla, is scheduled to launch on December 08 on Raini’s platform. MASKS is a collection of unique digital masks based on a collection of meticulously hand-painted masks created by the artist and actor. The MASKS lineup is intended to pull back the layers that hide the true value in a…
BITCOIN CORRIGE – OPORTUNIDADE + RELAÇÃO RISCO/RETORNO E MANIPULAÇÃO – Análise
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Ethereum privacy protocol Tornado Cash to launch on L2 Arbitrum
Tornado Cash is about to get a scaling boost as the privacy protocol prepares for deployment on the Ethereum layer two network Arbitrum. Tornado Cash’s smart contracts are ready to roll on thArbitrum Layer 2 scaling network following contributions from the community to ensure the stability of the protocol. The Nov. 29 announcement explained that deploying on Arbitrum will “allow users to take advantage of all the benefits a Layer 2 can offer, with cheaper transactions being the biggest comparative advantage.” Tornado Cash is a fully decentralized Ethereum (ETH) mixer…