Day: January 20, 2022

Is Russia Trying to Ban Bitcoin?

This episode is sponsored by Nexo, Abra and FTX US. Download this episode NLW covers stories that show the full breadth of the crypto industry in 2022. In the first, he looks at a new report from the Russian central bank advocating a near-total ban on bitcoin and crypto in the country, along with new punishments for those who offend. In the second, he looks at news that Facebook and Instagram are testing new non-fungible token features, and that Twitter has gone live with verified NFT profile avatars. See also:…

Moonbeam (GLMR) launch brings EVM interoperability closer to the Polkadot network

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Cross-chain compatibility with the Ethereum (ETH) network has become a necessary component for any layer-one protocol looking to remain relevant because a majority of projects and funds locked in smart contracts are found on the top-ranked smart contract platform.  After years of development and promises of interoperability, the Polkadot network moved toward its first Ethereum virtual machine (EVM) compatible smart contract protocol with the launch of Moonbeam (GLMR). The platform is designed to make it easy to use Ethereum developer tools to build or re-deploy Solidity projects in a Substrate-based…

#Blocktrainer 🔴 LIVE – BITCOIN AMA (Ask Me Anything)

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Bitcoin Returns Above $43K; Resistance Near $45K-$48K

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Bitcoin (BTC) buyers are attempting to reverse a short-term downtrend on the charts. Over the past two weeks, price action has been anchored around the $40,000 support level, which is where buyers previously stepped in ahead of the October price rally. Still, the cryptocurrency could face resistance around $45,000-$48,000 as intraday signals approach overbought territory. As of press time bitcoin was changing hands at $42,952, up 2.5% over the past 24 hours. The 100-day moving average on the four-hour chart is sloping downwards, indicating a declining price trend over the…

Agoric Raises $50M in CoinList Token Sale to Bring JavaScript Developers Into Crypto

“Over time, there will be more phases,” Tribble said. “After the first launch, it will go into a permission phase, where people can propose, say, a core contract for NFTs that’s all written in JavaScript, and the community can vote on whether to deploy it. And that will run as we continue more security testing and running bug bounty programs, to eventually become permissionless. Then the gates are opened and anyone can deploy anything.” Source

Crypto Exchange Titan Binance Lists New Blockchain MMO Strategy Gaming Altcoin

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A new massively multiplayer online (MMO) strategy game that harnesses the power of blockchain technology just entered the crypto world after joining the Binance marketplace. In a recent announcement, crypto exchange giant Binance says that the native governance token of League of Kingdoms (LOKA), a Medieval-themed metaverse battle game, will now be available for trading. The freshly minted altcoin launched today with a price of $2.42 and has since risen by 7% to its current valuation of $2.59. League of Kingdoms goes beyond the traditional strategic fighting game format by…

Bulls aim to turn the tide in Friday’s $580M options expiry after BTC tops $43K

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Bitcoin (BTC) investors seem uncomfortable with adding positions after the most recent 40% correction from the $69,000 all-time high made on Nov. 10. In addition to the prolonged downtrend, remarks from the United States Federal Reserve on Dec. 15 about rising interest rates are also weighing on risk-on assets. The Fed signaled that it could raise its benchmark rate three times this year and there are plans to increase the pace of its asset purchasing taper. Consequently, traders are worried that these plans will negatively impact traditional and crypto markets…

These were the 5 hottest coins on Twitter last week — And their price dynamics

Crypto Twitter is a powerful place. Not only does the online discussion follow the ups and downs of digital assets, but it can also shape price action. Oftentimes, a spike in Twitter attention can anticipate a dramatic increase in an asset’s price. Yet, in other cases, the order can be reversed, or there may be no relationship between price and Twitter chatter at all. To harness the power of Twitter and use it as a tool for profit generation, crypto traders need two things: The first is the ability to…