March 26, 2022

Bitcoin sellers keep BTC price action in check amid $45K ‘fakeout’ warning

March 26, 2022 boss

Bitcoin (BTC) took a breather from its latest upside on March 26 after predicted resistance kicked in just under the yearly open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin fakeouts: Third time’s the charm? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering around $44,500 Saturday, preserving the lion’s share of the week’s progress. Traders had sounded the alarm on a possible retracement after a large sell wall appeared on major exchange Bitfinex. In the event, sell-side pressure prevailed, halting bulls’ advance at just above $45,000. “Still waiting to…

Malice Or Ignorance? The New York Times Keeps Printing Lies About Bitcoin Mining

March 26, 2022 boss

The New York Times’ campaign against bitcoin rages on. Even though this time they had the perfect opportunity to write a balanced article, they didn’t. The author reports one positive bitcoin mining story after another, while keeping a snooty attitude and suggesting it’s all a PR move. The title summarizes the New York Times’ stance, “Bitcoin Miners Want to Recast Themselves as Eco-Friendly.” Related Reading | Valkyrie Bitcoin Mining ETF “WGMI” Approved For Nasdaq Listing Before we get into it, a quick story. The foremost expert in bitcoin’s energy consumption,…

White House office seeks public opinion on crypto-climate implications

March 26, 2022 boss

The Office of Science and Technology Policy (OSTP), an Executive Office of the President of the United States, commenced a study to identify the scope for offsetting energy use and climate changes related to digital assets. On March 9, United States President Joe Biden signed an executive order, directing various federal agencies to examine implications of digital assets on six key areas — consumer and investor protection, financial stability, financial inclusion, responsible innovation, the United States’ global financial leadership and combating illicit financial activity. As a part of the initiative,…

Venezuela’s Sunacrip Launches Petro-Based Gift Card Market and Exchange – Emerging Markets Bitcoin News

March 26, 2022 boss

Sunacrip, the Venezuelan cryptocurrency watchdog, has announced a set of improvements to its Petroapp wallet, allowing Venezuelans to use the petro (PTR) for new functions. The app now has an embedded cryptocurrency exchange that allows users to exchange petros for other currencies, and a series of gift card and payment options to increase adoption. Petro Relaunch Aims to Offer More Use Cases Sunacrip, the cryptocurrency regulation institution in Venezuela, has announced a series of changes to its petro (PTR) wallet app called Petroapp, which are directed to improve…

What to do in Crashing Crypto Market | Crypto Buying Tip | Cryptocurrency

March 26, 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Cryptocurrency #Crashing #Crypto The Crypto market today is down 6.5% Globally in the last 24 Hours, Many investors are wondering if they have made a right choice by entering into Crypto Space, whereas the older investors are sitting back relaxed and are even buying more than before as they know that a pump in the market is eminent. We will also discuss some buying tips, which can be really risky right now but currently we are doing some research on the same…

Love it or hate it, crypto’s vibe shift is now imminent

March 26, 2022 boss

Last month, cultural critic Alison P. Davis published an article in The Cut titled “A Vibe Shift is Coming. Will Any of Us Survive It?” The “vibe shift” Davis was referring to had nothing to do with crypto. She was referring to a sea change in pop culture and social trends, particularly in view of GenZ’s ongoing ascendance into trendsetting and cultural relevance. Nevertheless, her positioning caught my eye because she aptly put her finger on something crucial that I’ve also been feeling, particularly as it relates to crypto. The…

BTC, ETH Begin Weekend Close to Key Resistance Levels – Market Updates Bitcoin News

March 26, 2022 boss

Bitcoin and ethereum began the weekend trading close to key resistance levels, as crypto markets continued to sustain recent gains. Overall, the global cryptocurrency market cap was marginally higher on Saturday, as traders prepared for this weekend’s session. Bitcoin BTC is currently trading 6% higher than at the beginning of the week, this coming as prices rallied to multi-week highs. On Saturday, BTC/USD hovered marginally below its resistance of $45,050, as prices rose to an intraday high of $44,999.49. Following four consecutive days of gains, today’s consolidation sees bulls identifying…

🚨 India Crypto Tax | Crypto News India | Cryptocurrency Tax India

March 26, 2022

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Cryptocurrency Adoption to Grow Significantly This Year in Latam – Bitcoin News

March 26, 2022 boss

A new cryptocurrency-related survey presented by Sherlock Communications highlights the growth that Latam countries are expected to experience this year, due to the particular traits the region has compared to other areas of the world. The results of the survey make projections that see crypto adoption growing by triple digits in some countries like Argentina and Brazil. Survey Indicates Crypto Will Thrive in Latam This Year A new survey commissioned by Sherlock Communications presents a very healthy panorama for the future of cryptocurrencies in Latin America. The report…

The Mosque NFTs to mint 12,000 Shariah Compliant Digital Mosques on Ethereum

March 26, 2022 boss

In 2021, over $40 billion of NFTs changed hands, marking a 20X increase from 2022, thrusting NFTs into the limelight, demonstrating the use cases of yet another blockchain innovation. NFTs bear similarities with cryptocurrencies in that both deploys from a public chain and their transactions are open and, thus, can be traced. However, beyond transparency and launching from public chains, NFTs are unique, limited in supply, and in recent times being used as a store-of-value in stormy crypto market conditions. Because they are unique and valuable, projects can use NFTs…