Day: January 28, 2022

Bitcoin On-Chain Analysis: HODL Waves

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Reading from the bottom of the chart up, the red colored bands show the percent of supply that has been active relatively recently, ranging from less than a day to 90-180 days. The “1-7 Days” band is the percent of total supply that’s been held for at least 1 day but less than 7 days, “7-30 Days” is the percent of supply that’s been held for at least 7 days but less than 30 days, and so on. Conversely, reading from the…

Apple stock jumps after CEO reveals it’s investing in the Metaverse

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Apple’s stock price jumped in after hours trading after CEO Tim Cook said during the company’s Q1 2022 earnings call that he sees considerable potential in the Metaverse space. When asked on Jan. 27 during the call about Apple’s opportunities within the Metaverse, Cook responded “we see a lot of potential in this space and are investing accordingly.” “We’re always exploring new and emerging technologies and I’ve spoken at length about how it’s very interesting to us right now.” The Metaverse is an interoperable virtual universe created in part by…

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Disgraced MP tells Parliament UK can be the ‘home’ of crypto

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The former Secretary of State for Health and Social Care and current U.K. Member of Parliament (MP) Matt Hancock urged the House of Commons to make England the “home” of crypto. Hancock has served as an MP for West Suffolk since 2010 but stood down from his role as the Health Secretary in mid-2021 following controversy surrounding COVID breaches tied to an alleged extramarital affair. Which is to say his endorsement, while welcomed by the industry, may not hold as much cachet as it once did. Following up from his…

Doge Temple creator says the Metaverse is out, the Microverse is in

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According to the founder and CEO of virtual party platform Party.Space, niche “Microverse experiences” will be the future of the Metaverse. Rather than “building a big Metaverse and selling some land there,” Yurii Filipchuk says that Web3 creators should focus their efforts on “exploring the best way to interact online” with online communities. The idea is that each online community builds its own Microverse, which connect in a shared network to form a Metaverse. Party.Space launched in May 2020 with the idea to gameify video chats. They now work with…

Turkey’s President Erdogan Instructs Ruling Party to Study Cryptocurrency, Metaverse – Regulation Bitcoin News

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The president of Turkey, Recep Tayyip Erdoğan, has reportedly instructed the country’s ruling party to conduct a study on cryptocurrency and the metaverse. “It is a sensitive subject, a good and meticulous study should be done,” said President Erdoğan. Turkish President Wants the Ruling Party to Study Crypto and the Metaverse Turkish President Recep Tayyip Erdoğan reportedly discussed cryptocurrency and the metaverse at the Justice and Development Party’s central executive board meeting held Tuesday under his chairmanship. The Justice and Development Party (AK Party) is the largest party in Turkey,…

Das kleinste Crypto Mining Rig für zuhause | DIY

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Geld verdienen mit Bitcoin & Etherium Mining ist nicht mehr so einfach wie noch vor ein paar Jahren, da man extreme Rechenleistung benötigt. Heute bauen wir uns das kleinste und günstige Crypto Mining Rig für zuhause, mit dem jeder trotzdem ein Gespür für die Thematik bekommen kann! ► Abonnieren und kein Video verpassen: ► Mein neues Buch bestellen: ► Rasperri Pi 4: Command Line Befehle: sudo apt update sudo apt install git build-essential cmake libuv1-dev libssl-dev libhwloc-dev -y git clone cd xmrig…

OpenSea reverses limits on minting after community backlash

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NFT marketplace OpenSea has backflipped on a controversial decision to limit the number of NFTs and collections creators can mint using its smart contract. The platform previously allowed unlimited collections and items, but changed its policy to only allow five NFT collections with 50 items per collection when using OpenSea’s collection storefront contract. The unexpected announcement from OpenSea’s Twitter Support account, posted on Jan. 27, stated the lower limits came after it had “addressed feedback received about its creator tools.” . A follow-up tweet asked the community to “share how…

DeFi Users Fret ‘Contagion’ Risk Amid Possible Stablecoin Depegging

A scandal has rocked investor faith in a popular stablecoin, and as users rush to exit, the clamor is threatening to throw the asset off its dollar peg. Even worse, however, some observers worry that one stablecoin losing its peg could have a “contagion” effect, diminishing the value of multiple stablecoin assets as well. On Thursday, popular on-chain analyst zachXBT revealed on Twitter that the pseudonymous CFO of DeFi project Wonderland was in fact Michael Patryn, the co-founder of the notorious fraudulent Canadian crypto exchange QuadrigaCX. Read more: How Did…

White House reportedly preparing executive order on crypto

Joe Biden’s White House is expected to issue an executive order in the coming weeks about actions the U.S. government will take regarding digital assets. A source “familiar with the White House’s plan” told Barron’s that the executive order would be issued in a national security memorandum. Biden’s memorandum would assign some government entities to study crypto, stablecoins, and nonfungible tokens (NFT) with the goal of developing a workable regulatory framework. The source was quoted as saying: “This is designed to look holistically at digital assets and develop a set…