Day: April 26, 2022

How to store Bitcoin on MetaMask?

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MetaMask is a well-known wallet for Ethereum-enabled distributed applications (dApps). But can MetaMask hold Bitcoin (BTC), which remains the largest cryptocurrency? For many crypto investors, Bitcoin is an important part of their portfolio. Besides being an investment asset, Bitcoin can also be used as a payment method. Thanks to wallets such as MetaMask, paying via blockchain technology has become much easier. This Ethereum crypto wallet enables millions of investors to participate in everything the crypto market has to offer. Even though Ether (ETH) is a very popular means of payment,…

Dogecoin price risks 40% correction despite Elon Musk-Twitter euphoria

Dogecoin (DOGE) prices flipped higher in the last 24 hours after its most celebrated backer Elon Musk purchased Twitter for $44 billion. At its best, Dogecoin had climbed to $0.17 on April 25, albeit still down 77% from its record high in May 2021. Twitter’s native currency: Dogecoin? DOGE’s price rose by nearly 25% to $0.15 on a 24-hour adjusted timeframe, confirming that traders considered Musk’s acquisition of Twitter a bullish event for Dogecoin. The reason: Musk’s long-time support for DOGE, including his recent advice to the Twitter board that they start…

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Indicio Secures $3.5m to Expand Blockchain Technology to Validate Digital Credentials

Seattle-based startup Indicio has announced a $3.5 million financing in a seed round led by Hard Yaka. The latest funding was raised on Apr 25, from a seed round. Indicio.tech has raised a total of $3.5M in funding over 2 rounds. The funds will be used to expand market adoption in vertical industries and create a trusted digital ecosystem. Other investors include Seattle-based SWAN Venture Fund, 37 Angels, Alliance of Angels, Angel Investment Trust, and serval investors. Chief Technology Officer Ken Ebert said, “We created the framework of a Trusted Digital Ecosystem…

Standard Chartered Bank Enters the Metaverse – Metaverse Bitcoin News

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Standard Chartered Bank has become the latest major bank to enter the metaverse. The bank has acquired “virtual land at The Sandbox metaverse’s Mega City district, a culture hub based on or inspired by Hong Kong talents.” Standard Chartered Bank Forays Into the Metaverse Standard Chartered Bank announced Tuesday that its subsidiary, Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), has partnered with The Sandbox, a popular blockchain virtual gaming platform, “to create [a] metaverse experience.” Standard Chartered is a leading global bank with 85,000 employees serving customers in close to…

Bitcoin repeats rare weekly chart signal that resulted in 50% BTC price dips

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Bitcoin (BTC) is facing a rare chart phenomenon which has historically resulted in 50% price drawdowns, new data shows. In a tweet on April 25, popular account Nunya Bizniz noted a fresh warning sign from two key moving averages on BTC/USD. Analyst: BTC could spend 6 months recovering from dip For only the third time in its history, Bitcoin’s 20-week and 50-week moving averages (WMAs) have both started to slope downwards. While that may look harmless at glance, the result of the first two events — in late 2014 and…

Binance announces crypto card for Ukrainian refugees

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Global crypto exchange Binance has launched a crypto card that allows refugees from Ukraine to make crypto transactions and receive funds through the Binance Visa Card. Binance announced that it’s working with several entities, including European banking-as-a-service platform Contis and nonprofit organizations Rotary and Palianytsia, providing refugees affected by the Ukrainian conflict a way to send and receive funds and make purchases within the European Economic Area (EEA). Apart from access to crypto transactions, recipients of the card who are verified by their local non-profit organizations will receive financial support from…