Month: February 2022

Price analysis 2/21: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT

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BTC’s attempt to reclaim $40,000 was thwarted by bears, but any consolidation within the current range could benefit small and large-cap altcoins. Bitcoin (BTC) dipped below $38,000 on Feb. 21 but the bulls are attempting to arrest the decline and start a recovery. The sustained weakness in 2022 seems to have toned down expectations of a strong rally. Huobi crypto exchange co-founder Du Jun said that if the Bitcoin halving cycle repeats, then the current weakness could be the start of a bear market. Jun believes that the next Bitcoin…

Dexsport Is Completely Rewriting the Rules of the Game for the Betting Industry

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Many people associate earnings in betting with something fickle because, in this industry, the players are entirely dependent on the decision of the broker whether to pay them or not. The Dexsport project sees its mission in correcting this situation. Dexsport is a blockchain-based project that makes the entire game process transparent, with earnings being paid automatically using smart contracts. Less than a month ago, Dexsport launched its native DESU token on the mainnet. This step contributed to the rapid development of the project: its liquidity pool has grown fivefold,…

Bitcoin REBOUND (Little Known Crypto Investment TRICK!)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today we look at what Cointelegraph’s top 5 crypto coins are for 2022. They include Polygon (MATIC), Binance coin (BNB), Bitcoin (BTC), Ethereum (ETH) and Avalanche (AVAX). We also look at the NYDIG ETF getting delayed by the SEC until March. Learn more about crypto ➡️ How to join Cardano (ADA) BitPool ➡️ ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Connect with Me & the BitSquad! Join the BitSquad ➡️ Join BitSquad Traders ➡️ Join Me on Twitter ➡️ Join Me on Instagram ➡️ Join Me on TikTok…

CA lawmaker introduces legislation to accept crypto as payment for govt services

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California State Senator Sydney Kamlager, representing the 30th Senate District including parts of downtown Los Angeles, has introduced a bill which would amend the state’s code to allow for the acceptance of cryptocurrencies for certain payments. According to Senate Bill 1275 introduced in the California Legislature on Feb. 18, Kamlager proposed authorizing a state agency “to accept cryptocurrency as a method of payment for the provision of government services.” The modification of the current state law, which allows for the establishment of state agencies to provide services to residents which…

Bitcoin Sets Stage For Reversal As Unmoved Supply Nears All-Time High

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The unmoved supply of bitcoin continues to grow despite declining prices. This has various implications for the digital asset, with the major one being the volume of available supply in the open market. For most bull rallies in the past, this unmoved supply had remained low, declining at points where investors dumped their bags to avoid the crash. But this illiquid supply is once again on the rise. 60% Of Bitcoin In Unmoved Supply Bitcoin has maintained its position as the leading crypto investment. This is why owning the cryptocurrency…

Former Bored Ape Yacht Club Artist Enhances Sneaky Vampires Syndicate Utility And Inclusion Through Second Collection

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Competition continues to heat up in the NFT space, yet very few collections provide long-term utility. However, Sneaky Vampire Syndicate’s team is preparing to launch the Sneaky Vampiress collection, which is integral to the project’s future. Moreover, the new collection pays homage to the many female MFT artists who remain undervalued in this industry. The Success of Sneaky Vampires Syndicate Thousands of NFT collections have come to market over the past year and a half. Some are more successful than others, yet success comes in different forms. A high overall…

XRP Showing Strength In The Legal Fight As New Evidence Arises

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The returns on Ripple were promising in the past decade, but it largely missed out on significant crypto gains. However, it did succeed during the early parts of last year until April, when its value grew significantly higher than before, only to be replaced by other cryptocurrencies later in autumn, which had much better performances throughout that period. XRP has been making lower highs since 2017, and the price is bearish. Other cryptocurrencies continued to make record highs until November 2021, but XRP’s price had grown slowly. During last month’s…

Russia’s Finance Ministry introduces digital currency bill, brushes off central bank’s objections

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Russia’s Ministry of Finance has upped the stakes in its drawn-out showdown against the country’s Central Bank (CBR) by formally introducing a bill that proposes to regulate digital assets rather than banning them. On Monday, the Ministry introduced a draft of the federal law “On digital currency” to the government. This stage of the legislative process precedes the bill’s introduction to the parliament for consideration. The agency cited the “formation of a legal marketplace for digital currencies, along with determining rules for their circulation and range of participants” as the…