Month: February 2022

Bitcoin Capped Below $40K Resistance; Support at $35K

boss

Bitcoin (BTC) buyers and sellers are at a stalemate, evidenced by low trading volume and muted price action over the past few days. The cryptocurrency is trading in a tight range between $35,000 support and $38,000-$40,000 resistance. Most technical indicators are neutral, which means BTC could remain in a narrow price range going into the Asia trading day. At press time the bitcoin price was $36,506, down 3% over the past 24 hours, based on CoinDesk pricing. Buyers have consistently lost ground to sellers given the persistent downtrend since November.…

Muneeb Aliโ€™s Trust Machines Raises $150M

โ€œWith the early foundation built, itโ€™s time to concentrate on unlocking the next level of applications and platform technology on Bitcoin, enhancing the platforms for speed, scale and functionality, and making Bitcoin apps a reality for hundreds of millions of users. This is why we launched Trust Machines,โ€ Ali said in a press release. Source 150MAlismachinesMuneebRaisesTrust CryptoX Portal

Market Re-Enters Extreme Fear Territory As Bitcoin Declines To $36k

boss

The crypto fear and greed index shows market is back in the extreme fear territory as Bitcoin has once again declined to $36k. Market Sentiment Returns To Extreme Fear As Bitcoin Drops To $36k Recently, as the price of the crypto recovered back above $38k, the market sentiment rose to that of fear. However, today, the price of BTC has again declined, leading to a return to extreme fear sentiment. The relevant indicator here is the โ€œfear and greed index,โ€ which measures the general sentiment among Bitcoin investors. The metric…

Coachella Music and Arts Festival Partners With FTX US to Issue Solana-Based NFTs โ€“ Bitcoin News

boss

The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the festivalโ€™s official Twitter account. Coachella partnered with the crypto exchange FTX US, and the NFTs are minted on the Solana blockchain. Coachella Partners With FTX US to Mint Solana-Based Digital Collectibles Since 1999, the festival co-founded by Rick Van Santen and Paul Tollett called Coachella has been a popular music and arts event with its highest attendance in 2017, peaking at 250,000 attendees. Music acts that have played at various Coachella festivals…

Nintendo considering ways to utilize NFTs in a way that doesn’t diminish ‘joy’

boss

After releasing its latest financial results report, Nintendo held a live Q&A where they reportedly expressed “interest” and “potential” in the Metaverse when it comes to introducing blockchain and NFT technology into their video games.ย  According to the Twitter of David Gibson, Senior Analyst at MST Financial, he asked what the Japanese gaming giant thought about the Metaverse and NFTs, and they confirmed that they are not currently working on anything but are still defining what they could offer gamers. Q) How think about metaverse and NFT?A) We do have…

What is Blockchain Technology | Blockchain Tutorial for Beginner | Class – 5

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io 5th video of Crypto Basic Course, In this video we will learn about what is blockchain technology. I will explain blockchain techonolgy with easy examples. #Blockchain #BlockchainTutorial #BlockchainUrdu #BlockchaininHindi #BlockchaininUrdu Join My Telegram: =========== CRYPTO TRADING COURSE ๐Ÿ‘‡ LINK: Technical Analysis Course (Basic) LINK: ========== Join our Social Platforms ๐Ÿ‘‡ Telegram: Twitter: Facebook: Instagram: Website: โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Coinbase Users Can Now Receive Tax Refunds in Crypto Through TurboTax

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Bitcoin And Ethereum, Start Of Bear Market Or Bullish Consolidation?

boss

Bitcoin and Ethereum have been moving sideways during todayโ€™s trading session. The top two cryptocurrencies were on their way to previous highs but were rejected near-critical resistance levels. Related Reading | Bitcoin Halving To Bring The Subsequent Crypto Frenzy At the time of writing, Bitcoin trades at $36,943 with a 0.9% loss while Ethereum trades at $2,642 with a 0.7% loss in the last 24-hours, respectively. The general sentiment in the market has been shifting quickly with every move to either direction suggesting there is a lot of uncertainty in…

Kanye West, NFTs and ‘Building Real Products in the Real World’

For those who are less concerned about immediate mainstream utility, the nascent products of these post-threshold companies like NFTs, decentralized exchanges and decentralized autonomous organizations can offer a glimpse of the future. If the infrastructure supported better user experiences and onboarding, cheaper transactions and created reasonable privacy guarantees, we could squint and see the future of art, music, finance, governance and collective action. Source