Day: February 9, 2022

Crypto Advocates Push Back on Sweden’s Call for EU Mining Ban

“I think this is a weak argument. It is like saying: If we don’t make it – weapons, drugs, child pornography, crypto mining, whatever – somebody else will, so we might as well do it,” Overland said. “Norway uses this argument a lot about its oil, claiming that it is cleaner than other oil and that it is better if oil is produced by a democracy than authoritarian countries. From a climate perspective, this argument makes little sense.” Source

Bitcoin centers on $44K as BTC price MACD delivers long-awaited bull signal

Bitcoin (BTC) hovered around $44,000 on Feb. 9 as a modest uptick towards the Wall Street open provided relief for support levels.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Melt-up or breakdown? Data from Cryptox Markets Pro and TradingView showed BTC/USD acting in the range defined in recent days without significant downside pressure. Circling $44,000, traders were mostly preoccupied with a potential retracement, this having the potential to wipe out practically all recent progress. “Now that we are at monthly resistance we may see a pullback. Even if we do, a…

Bitcoin Rebounds, as Russia Looks to Regulate Crypto – Bitcoin News

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Following price consolidation on Tuesday, bitcoin prices rebounded on hump-day, as markets reacted to the news that Russia will regulate, and not ban, crypto. Bitcoin Bitcoin was marginally higher on Wednesday, as the world’s largest cryptocurrency received a boost from the news surrounding Russia. BTC/USD rose to an intraday high of $44,312.45 during today’s session, as bulls re-entered the race following yesterday’s consolidation The move has seen prices head closer to the $45,000 level, however bitcoin will first need to overcome resistance at $44,800. Still, following the upside crossover of…

Allbridge to become the first token bridge for the Stacks token

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Multi-chain token bridge Allbridge will become the first to offer Stacks (STX) transfers as part of a partnership with Bitcoin software developer Daemon Technologies. STX is the native token for the Stacks Layer-1 blockchain which settles transactions on the Bitcoin (BTC) network. It currently has a market cap of $1.7 billion. Allbridge currently serves 12 blockchains including Ethereum, various Ethereum-compatible sidechains, Solana, Terra, and others. A token bridge allows crypto from one blockchain to be transferred to another one. The new bridge will allow transfers between Stacks and all chains…

Earn Free $3 Cryptex Finance | CTX Coinbase Quiz Answers

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Questions and Answers: Question 1: What is Cryptex Finance? Answer: A DAO providing decentralized products for crypto users Question 2: What is the CTX token? Answer: An ERC-20 governance token that powers and secures the cryptex protocol Question 3: What is the future of cryptex? Answer: A complete lineup of fully decentralized Cryptex tokens all governed by CTX If you are not part of Coinbase yet, use this link to sign up for $10 in FREE Bitcoin: This quick video takes you…

How blockchain contributes to the fight against COVID-19

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On Jan. 30, the South China Morning Post reported that one of the largest Asian pharmaceutical companies, Zuellig, had launched a blockchain-based system to track the quality of COVID-19 vaccines. Called “eZTracker,” it allows any user to “instantly verify the provenance and authenticity” of vaccines by scanning the QR code on the package. Somewhat surprisingly, throughout the pandemic, there have not been many reports of blockchain-based products adopted by big pharma or global healthcare organizations to bolster the anti-COVID effort. Here is a rundown of the major cases of such…

XRP Price Surges – Is Ripple Winning The Fight Against SEC?

Ripple, a Fintech company, makes substantial headway in its legal fight with the U.S. Securities and Exchange Commission. The XRP (the world’s seventh-largest cryptocurrency) issue will be resolved soon, according to CEO Brad Garlinghouse, who is optimistic about the case’s conclusion date. XRP continued a week-long surge in the market today that began after a judge in an ongoing legal tussle between Ripple and the SEC made beneficial rulings for Ripple. Judge Analisa Torres said late last week that she would authorize the release of certain documents related to the…

Why Meta Penguin Island Should Be Your Favorite Place to Look for NFTs This Winter – Press release Bitcoin News

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press release PRESS RELEASE. Not only are the financial markets experiencing a revolution due to blockchain technology and cryptocurrencies, but NFTs are changing the digital space for artists and consumers and investors. NFTs, already a multi-billion dollar sector, have witnessed an incredible rise of art collectors and investors, from professionals to hobbyists and newbies. Digital artwork and collections are selling for tremendous amounts of money as art becomes more accessible than ever before. Being an art collector used to be a highly exclusive activity to indulge in, reserved only for…

Alfa Romeo’s New SUV Is Loaded With All The NFT And Blockchain Goodies – Can It Spur Sales?

The infrastructure of NFT technology continues to expand far beyond the realm of art, with the world of sports cars the latest to adopt the blockchain. Alfa Romeo, the iconic Italian luxury carmaker, has confirmed that it will use non-fungible tokens to monitor and store maintenance records for its new Tonale sports utility vehicles on the blockchain. The Tonale is Alfa Remeo’s “first SUV on the market” that will come loaded with an NFT digital certificate, which the company claims will increase the vehicle’s “residual value.” NFTs are non-replaceable digital…