Month: April 2022

Blockchain Can Improve Climate Crisis through Smart Contracts, Study Shows

As climate change is considered a desperate issue in modern times. Blockchain technology is expected to act as a stepping stone towards addressing economic complexities and interoperability when transiting to renewable energy, according to a report by Chainlink Labs and Tecnalia. As a leading provider of open-source blockchain oracle solutions, William Herkelrath believes Chainlink Labs will help create a data-driven backend infrastructure required to tackle the climate crisis.  The managing director at Chainlink Labs added: “By using Chainlink to bridge some of the highest-quality climate data in the world…

Bitcoin ‘buy’ signal excites as dollar, gold extend losses, BTC price heads past $41.5K

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Bitcoin (BTC) closed above a crucial level into April 20 as the daily chart offered a long-awaited “buy” signal. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Bitcoin is a buy at $41,500 Data from Cointelegraph Markets Pro and TradingView confirmed a daily close at $41,500 on Bitstamp for Tuesday. A strong performance, the sustained gains meant that fresh upside should be incoming, according to one trader eyeing a buy/sell indicator on daily timeframes. Last Sell Signal was at 46K$BTC Dumped 38KNow Buy Signal at 41K. Note: $BTC Needs Daily…

Binance.US awarded money transmitter license in Puerto Rico

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Puerto Rico becomes the fourth jurisdiction in America to grant a money transmitter license to Binance.US, the American arm of the crypto exchange Binance. Other states that issued operational licenses to Binance.US include Wyoming, Connecticut and West Virginia.  Binance.US was launched as a second attempt by Binance CEO Changpeng Zhao to cater to investors in the United States as the nation banned Binance’s primary operations, citing regulatory concerns. The new license from Puorto Rico further strengthens CZ’s vision “to be licensed everywhere.” According to the announcement, the money transmitter license…

Banking Infrastructure Needs Blockchain Technology to Meet Rapid Fintech Enviroment, HashCash CEO Says

With the fintech industry making significant strides within a short time, the banking sector ought to integrate blockchain technology to keep pace with this area, according to HashCash CEO Raj Chowdhury.  For a holistic transformation to be witnessed in the conventional financial landscape, Chowdhury believes the adoption of cutting-edge technologies like blockchain should happen even though digitalisation, improved UI/UX, and competitive pricing are happening at the front-end.  Blockchain adoption continues to tick based on various factors, such as improved transparency, better capital optimisation, decreased counterparty risks and errors, instant cross-border…

Bull vs Bear Market Scenarios – Bitcoin BTC Technical Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin BTC Technical Analysis Elon Dogelon Mars, Shiba Inu, Bitcoin BTC and other Alt Coin Technical Analysis Bitcoin Live BTC Crypto BULL MARKET January 2022 Disclaimer: This is not financial advice. These are my opinions on the markets, and you should only take it as that Join Discord: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Could Netflix Tumble Down The Crypto Market?

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On Tuesday, the crypto market looked good in comparison to Netflix (NFLX). The shares of the world’s leading streaming company fell 27% to $256 in after-hours trading reaching 2019 levels after announcing a massive loss of 200,000 subscribers in the first quarter of 2022. This translated to roughly a $40 billion loss in half an hour. This is the first time the company loses customers since 2011 and is expecting to lose 2 million more in the current second quarter. NFLX is already 63% down from its All-Time High and over…

India’s crypto tax forces budding crypto projects to move

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India’s 30% crypto tax came into law on March 31 and was effective April 1, despite warnings from several stakeholders about its possible ill impact on the budding crypto industry.  As predicted, within just a couple of weeks of the new crypto tax law coming into effect, trading volume across major crypto exchanges dropped as much as 90%. The decline in trading activity was attributed to traders either moving their funds away from centralized crypto exchanges or adopting a holding strategy over trading. Many crypto exchanges were hoping that a…

Nigerian Agencies Told to Stop ‘Demonizing’ Crypto Industry Players – Emerging Markets Bitcoin News

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Nigerian public and law enforcement agencies have been urged to “stop the demonization” of the blockchain and cryptocurrency industry. According to an association that advocates for the risk-based regulation of the crypto industry, financial institutions should not use a Nigerian central bank directive as basis for denying service to industry players. Risk-Based Regulation of Crypto Activities A blockchain and crypto industry association has told Nigerian public and law enforcement agencies to stop demonizing and discriminating against blockchain and crypto entities. In its latest press release, the Stakeholders in Blockchain Technology…

How to design a bitcoin investment website (Step By Step Guide)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🔥 This free video will guide you on setting up a ₿ bitcoin investment website from start to finish. link to the script as mentioned in the video: Link to video of how to get clients that wil pay you a minimum $500 to design this bitcoin website for them: Remember you can stand a chance to win our special give worth $100 if you watch the video to the end and answer our riddle question! | Like | Share | Comment|…

The WeWay Project is Betting on Web 3.0. Is It Worth Investing in the Future?

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As crypto projects increased in popularity together with the rise of token sales in the last few years, joining projects on their startup stage has become a common concept. At the same time due to its popularity and potential to earn big money, many have been swayed to enter the industry without much understanding of the risk that comes along with it. Because not only that there are more opportunities for people to attain benefits, there are also more chances for people getting scammed. A global market research that was…