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Month: March 2022
UK Regulator Bans Floki Inu Ads as 'Irresponsible'
The Advertising Standards Authority (ASA) determined that ads for a meme-based cryptocurrency named after Elon Musk’s shiba inu dog that appeared on London’s transport network last year are “irresponsible.” Source
Bitcoin’s Price Up $10K As Crypto Is Predicted To Breach $100K In 5 Years
Bitcoin’s price spike, which briefly exceeded $44,500 Tuesday afternoon, is now easing. BTC has retreated to roughly $43,912 on Wednesday, but is still up nearly $10,000 in the last five days and is on the verge of reclaiming January levels. Bitcoin price rose more than 5% Monday as markets processed new developments in Russia’s invasion of Ukraine, despite risk aversion pushing down blue-chip and technology sectors, which cryptocurrencies have been linked to for weeks. Markets may be underestimating the economic repercussions of Russia’s financial isolation. Sanctions against Russia were placed…
Here’s the story of the NFT ATM in New York
In a new twist for nonfungible tokens (NFTs), Solana-based NFT marketplace Neon deployed an NFT ATM in the financial district of New York, giving people a very familiar way to acquire NFTs. In an interview with Cryptox, the Co-founder and CMO of Neon, Jordan Birnholtz shared the story of how the NFT ATM came to life. According to Birnholtz, the idea came as their team members were having lunch. Birnholtz himself is a growth marketer, and his business partner Kyle Zappitell is a former Xbox Mobile gaming engineer “who is…
Starlink Terminals Arrive in Ukraine as Elon Musk Makes Good on Promise – Bitcoin News
Spacex has managed to deliver Starlink equipment to Ukraine as promised by its founder, Elon Musk. The hardware will provide access to high-speed internet for users in the country, which has been experiencing disruptions in communications as a result of Russia’s military invasion. Ukrainians Get Starlink Internet Amid Ongoing Russian Offensive Ukraine has received a batch of terminals needed to connect to the satellite internet constellation Starlink. The network is operated by Spacex, the aerospace manufacturer founded and managed by U.S. tech entrepreneur Elon Musk, and offers high-speed broadband internet…
Bitcoin Addresses Hodling 1k+ BTC Spikes But It Isn’t Whales
In brief: The number of Bitcoin addresses holding 1,000 BTC or more has increased tremendously However, the increment is not due to Bitcoin whales accumulating The uptick is due to the WBTC custodian moving Bitcoin reserves to multiple new addresses The number of Bitcoin addresses holding more than 1,000 BTC has experienced an uptick. However, the increment in addresses holding 1k+ BTC is not due to whales accumulating, but rather the custodian of Wrapped BTC, transferring Bitcoin reserves to several new addresses. The increment in Bitcoin addresses holding 1k+ BTC…
Blockchain Payment Company Facepay Launches Facepay Crypto Service
Blockchain payments company Facepay Inc. announced Tuesday local time for the release of Facepay Crypto, bringing cryptocurrency payments to auto stores. Facepay Crypto will allow auto shops to accept Bitcoin, Ethereum and other cryptocurrencies directly from customers, replacing the complex payments associated with traditional payments such as credit cards that can lead to chargebacks, fraud, and more. Facepay founder Dr. Mark Hale said: “Consumer cryptocurrency will only increase over time, and repair shops should be investing in the right technology to take advantage of it. If not, Bitcoin will…
Bitcoin at EXTREME Fear… What this REALLY means for crypto and BTC | Alessio Rastani
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Sign up to Morning Brew for free today: Thanks to Morning Brew for sponsoring. As mentioned, all money from sponsorships will be donated to charity (such as helping the poor or abandoned animals in need of care) and we are grateful to Morning Brew for this opporunity. Bitcoin at extreme fear… what this really means for crypto and BTC. Bitcoin sentiment has fallen to fear and extreme fear. The sentiment and emotions of bitcoin traders has become very negative, bearish and pessimistic…
Crypto Market Cap Pushes Past $2T as Major Cryptos Surge
Bitcoin’s recent rally to nearly $45K has pushed crypto’s market cap back up past $2 Trillion. Source
BTC price now has support above $40K as data shows Bitcoin ‘redistribution event’
Bitcoin (BTC) is “looking pretty good” as the week progresses as bulls line up challenges for several significant resistance levels. In an update to Telegram subscribers on March 2, Filbfilb, an analyst at trading suite Decentrader, joined increasingly bullish sentiment around the outlook for BTC/USD. Trader focuses on levels above $40,000 After surprising the market with a breakout Monday, Bitcoin has risen to challenge February highs. While so far not beating them, investors and traders have reacted extremely positively to the news, and sentiment gauges show a swift transformation taking…