Day: March 23, 2022

Bitcoin Steadies Above $42K, What Could Spark More Upsides

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Bitcoin started a steady increase above the $42,000 resistance against the US Dollar. BTC tested the $43,400 zone and recently corrected lower. Bitcoin started a downside correction after a test of $43,400. The price is trading above $42,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $41,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $41,500 support zone to remain in a positive zone. Bitcoin Price Remains In Uptrend Bitcoin…

Making $187/day with my KD5 Miners mining Kadena

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video I show you my Kd5 Miners and walk you through how much money you can make with them and the best place to buy them. 1:45 – How much can they make? 7:21 – Where do you buy them? 7:59 – How do you get set up? 12:50 – Showing my setup 14:02 – Conclusion 4 Space Mining – — Tell them James sent you! Gate.io – A trading platform to sell Kadena (similar to Kucoin) – My Spreadsheet…

Chip giant Qualcomm launches $100M Metaverse fund

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Multinational software and microchip giant Qualcomm Incorporated has launched a $100 million Metaverse fund to back extended reality (XR), artificial intelligence (AI), and augmented reality (AR) tech companies.  Extended reality, or XR, refers to the combination of smartphones along with AR and VR technology such as headsets and glasses. The investment project is dubbed the “SnapDragon Metaverse Fund” in reference to the firm’s Snapdragon chips that are designed for a long list of devices including smartphones, tablets, computers, smartwatches, and smartbooks. According to a March 21 announcement, the funding will…

Lemonade to Offer Blockchain-Powered Climate Insurance for Farmers in Emerging Markets

Lemonade, a top American insurance company, has revealed the formation of the Lemonade Crypto Climate Coalition meant to offer blockchain-enabled climate insurance to the most vulnerable farmers across the globe. Through its nonprofit organization dubbed the Lemonade Foundation, Lemonade has partnered with other companies like Chainlink, Avalanche, DAOstack, Hannover Re, Tomorrow.io, Pula, and Etherisc as founding coalition members. Based on the Lemonade Foundation’s objective of rendering environmental and social change through technology, the coalition is being established as a Decentralized Autonomous Organization (DAO) to create and distribute parametric and instantaneous…

Coinbase Cloud launches Avalanche developer tools suite

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The Avalanche ecosystem stands to gain from three tremendous developments announced this week with Coinbase Cloud’s integration, BTC support, and UST trading. Web3 developer hub Coinbase Cloud has added a suite of tools to support development on the Avalanche blockchain and smart contract platform. As part of the new support features, Coinbase Cloud is running an Avalanche (AVAX) public validator node. This allows Avalanche network participants to stake their AVAX tokens with Coinbase Cloud and delegate power for validating transactions on the blockchain. .@coinbasecloud is committed to supporting our #AVAX…

Will There Be A Bitcoin Bear Market All Of 2022?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Pomp runs down the bitcoin on chain metrics for the week. SoFi is the exclusive partner app of The Best Business Show. Visit for more info and start investing today Subscribe to the NEW Best Business Show Live Channel. This channel will only be clips from the show only going forward The Best Business Show Is LIVE 11AM-1PM EST Monday – Friday discussing Bitcoin, Finance, Crypto & everything in between. Check out our Store! Pomp writes a daily letter to over 200,000+…

Cryptocurrencies Are ‘Certainly’ Being Used to Circumvent Russian Sanctions – Featured Bitcoin News

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The European Central Bank (ECB) warns cryptocurrencies are being used to evade sanctions by Russians. ECB President Christine Lagarde warns crypto firms against becoming “accomplices” in the crime. ECB President Lagarde Is Certain About Crypto Being Used to Evade Russian Sanctions Christine Lagarde, president of the European Central Bank (ECB), said Tuesday at the Bank for International Settlements (BIS) Innovation Summit that cryptocurrencies are “certainly” being used by Russian firms and individuals to bypass sanctions. A growing number of countries have levied heavy sanctions against Russian entities after Russia began…

Let me explain Blockchain gaming and Play-to-Earn.

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io NFTs are a pure scam. Blockchain gaming is a pyramid scheme. Play-to-Earn is not only a scam, it’s deeply immoral. EDIT: I have answered a BUNCH of the comments to this game in a followup video here: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

$43K BTC flipping support? Not anytime soon, according to derivative metrics

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Short sellers got liquidated to the tune of $150 million, but two metrics show pro traders did not flip bullish after the recent Bitcoin rally. Bitcoin (BTC) showed strength on March 22, posting a 5% gain and testing the $43,000 resistance. The move liquidated over $150 million worth of leverage short positions, those betting on a declining price using futures contracts. Some Twitter analysts attribute the price improvement to the Do Kwon, the co-founder of blockchain protocol Terra. During a recent Twitter Spaces conversation with analyst Udi Wertheimer, Kwon revealed…