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Day: April 28, 2022
Bitcoin rejects $40K as US dollar strength hits 20-year high
Bitcoin (BTC) made a fresh bid to crack $40,000 on April 28 as Wall Street trading opened to twenty-year highs for U.S. dollar strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView DXY now in “parabolic rally” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $39,883 on Bitstamp before momentum waned, sending the pair $800 lower hours later. Traders had predicted what they saw as a relief bounce, with the implication that the subsequent rejection would spark continuation of the downtrend. On the day, caution was advised. “BTC…
Fuzzle NFT Game is Landing on Planet Earth – Press release Bitcoin News
press release PRESS RELEASE. PLANET EARTH (April 27, 2022) – Gala Games has teamed up with Endless AI to introduce Fuzzle– a first-of-its-kind “living” NFT collectable, simultaneously pushing the boundaries of conversational AI and blockchain gaming through a groundbreaking interactive entertainment experience with loads of utility. Fuzzles have come to explore Earth and learn all about its human inhabitants. Fuzzles’ superior artificial intelligence is accompanied, however, by a total naivety of Earth and its culture. Fuzzles say what’s on their mind, and will often inspire “What the fuzz!?” reactions. “Our…
Berlin-based football app enters the metaverse following $300M fundraiser
OneFootball, a German football media application, has raised $300 million in a Series D round to grow the company’s presence on Web3 and develop new features on its platform. According to a Thursday announcement, OneFootball and nonfungible token (NFT)-centric Animoca Brands created a joint venture called OneFootball Labs. The new platform will “enable clubs, leagues, federations and players to provide digital assets and fan-centric experiences based on blockchain technology.” Furthermore, fans will be able to obtain and store virtual collectibles using their email address and credit card. The financing round…
Dogecoin Plummets As Investors’ Doubts After Musk Twitter Takeover Unfold
Investors are raising concerns about Elon Musk’s acquisition of Twitter. After soaring to a multi-week high price, the Dogecoin has crashed by 20% and is trading at $0.1381 with a total market cap of around $18 billion. In an announcement on Monday, Twitter agreed to be acquired by Tesla and SpaceX CEO Elon Musk for $54 per share. This would give the company a value of more than $44 billion. Related Reading | Dogecoin (DOGE) Struggles, Drops 9% After Elon Musk Twitter Buyout Many people thought that Musk buying Twitter…
Bitcoin network hash rate hit a new record high amid price volatility
The hash rate of the Bitcoin (BTC) network hit a new ATH, even when the price of the top cryptocurrency struggled to get past the $40,000 mark. The network’s hash rate hit a new record high of 258 EH/s on Thursday before settling around the 220 EH/s mark. The recent rise in the BTC network hash rate signifies the growing number of miners on the blockchain. The Bitcoin network hash rate has grown more than 400% since the Chinese crypto mining ban last year when it fell below 70 EH/s. The…
Ralf Glabischnig on Crypto Valley and the Crypto Oasis – Cointelegraph Magazine
Having supported Zug’s Crypto Valley in the early days and founded Crypto Oasis in Dubai to serve as blockchain innovations hubs with regulatory certainty, Ralf Glabischnig is practically a node of the blockchain industry. When Bitcoin companies began pouring into his small town in Switzerland in 2013, Ralf Glabischnig was an IT consultant turned entrepreneur running a coworking space. It helped turn the town into ground zero for some of the earliest crypto companies, the Ethereum Foundation among them. Today, Glabischnig wears many hats, working across timezones to help build…
BTC Rebounds, Moves Away From 1-Month Low – Market Updates Bitcoin News
Market uncertainty in crypto was once again higher on Thursday, as traders continue to anticipate next week’s Fed decision. Following a drop to a one-month low during Wednesday’s session, BTC rebounded, with prices now hovering below $40,000. ETH also rallied, attempting to break out of the $2,950 resistance level. Bitcoin BTC was back in the green on Thursday, as bulls bounced back following yesterday’s drop, which sent prices to a one-month low. Wednesday saw BTC/USD trade at a bottom of $38,555.90, however the momentum swung today, with prices hitting an…
FED Fears CRASH Bitcoin!!! Critical BTC Crypto News
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Dubai Real Estate Developer to Accept Crypto Payments Amid UAE Push for Crypto Hub Status
Several of the world’s biggest crypto exchanges have flocked to the emirates in the last few months. Source