Day: March 29, 2022

Bitcoin hits 2022 high as analyst gives new $80K BTC price target

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Bitcoin (BTC) gave $48,000 a second grilling on March 29 after a modest overnight correction provided a welcome respite from the upside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader has “strong doubts” over crash below $30,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dipped to local lows of $46,900 before returning to crack $48,000 prior to March 29’s Wall Street open. The pair maintained support at the yearly open even while consolidating, fueling hopes that the 2022 trading range had been truly broken. Now, while acknowledging…

Terra LUNA hits new all-time high after 100% rebound from 2022 lows — Correction ahead?

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Terra (LUNA) rose to its best level to date on March 29 as the Luna Foundation Guard’s (LFG) plans to increase its Bitcoin (BTC) reserves eased anxiety about the impact of an increasingly hawkish Federal Reserve and the ongoing Ukraine-Russia war on crypto markets. LUNA price hits new record high above $106 LUNA’s price breached above the previous record high of $106.29 by minuscule margins, reversing the losses incurred during the selloff between December 2021 and January 2022. The latest price rally pushed Terra token’s net capitalization crossed $37.17 billion,…

Delphi Digital Leads $5M Seed Round for Money Market Protocol ZkLend

ZkLend has two key products. Artemis, a permissionless lending offering open to anyone with an internet connection, will launch in the third quarter of 2022. With Artemis, users can deposit assets to earn yield and can borrow using those assets as collateral. Deposits from multiple investors are collected in pools to facilitate the loans, which have real-time, liquidity-variable interest rates. Source

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Vietnamese deputy PM calls for building legal framework for digital assets

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Le Minh Khai, the deputy prime minister of Vietnam has issued a notification to the finance ministry, asking them to explore and amend laws to build a legal framework for the digital asset market. In a notice dated March 23, the Deputy PM has instructed the Ministry of Finance to assume the prime responsibility for developing the legal framework for the crypto market. The reported list of instructions includes identifying specific legal documents that need to be amended or supplemented. The Finance ministry would subsequently work alongside the ministry of…

Hashdex Appoints Ex-21Shares Director Laurent Kssis as Europe Head

“His background in crypto exchange-traded products [ETPs], particularly in Switzerland – which has become the leading venue for listing crypto ETPs – will be invaluable in supporting Hashdex as we accelerate our international reach, expand our global footprint with innovative institutional-grade products, services, and build pathways to connect Swiss and European investors to the crypto economy,” said Marcelo Sampaio, co-founder and CEO of Hashdex. Source

NFT of Nelson Mandela’s Arrest Warrant Raises $130,000 – Metaverse Bitcoin News

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A South African museum, Liliesleaf Museum Heritage Site, recently raised $130,000 via the auction of a non-fungible token (NFT) created from an arrest warrant issued against Nelson Mandela in 1962. Proceeds From NFT Sale to Fund Museum Activities A non-fungible token (NFT) minted from the former South African President Nelson Mandela’s warrant of arrest was recently auctioned for $130,000 (1.9 million rands), a report has said. The proceeds are expected to help bankroll Liliesleaf Museum Heritage Site, an organization that documents South Africa’s fight for freedom and democracy. According to…

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