By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin continues to look bullish from an on-chain perspective as whale holdings have risen to its highest since September last year. We can see that when whale holdings increased dramatically last September, it led to a significant increase in price in November. As whales have a substantial impact on the market, this metric is an important one to take note of. Furthermore, technically Bitcoin looks bullish in the short term as it has once again confirmed bullish divergence on the RSI…
Month: April 2022
STEPN move-to-earn tokens GMT, GST hit new highs after Coinbase listing announcement
The native tokens of move-to-earn lifestyle app STEPN swung higher on news that they would be available to trade on Coinbase, a U.S.-based crypto exchange. The price of STEPN’s governance token Green Metaverse Token (GMT) rallied by nearly 20% to reach over $4 in the past 24 hours, hitting as high as $4.50, its best level to date. GMT/USD four-hour price chart. Source: TradingView Similarly, the other STEPN token, called the Green Satoshi Token (GST), which players earn after walking, jogging and running outdoors with STEPN’s “NFT Sneakers,” gained 6.5% to…
Blockchain and crypto can be a boon for tracking financial crimes
Governments around the globe have also become more aware of the crypto market and the various ways in which it can be regulated. Despite a growing adoption rate and involvement of mainstream financial giants, however, naysayers continue to portray crypto as a tool for miscreants and criminals.Several crypto platforms and decentralized finance (DeFi) protocols have been compromised over the years, owing to various code vulnerabilities or centralization problems. However, stealing of money is the easiest part, while moving that money and cashing it out is nearly impossible. This is primarily…
First Mover Americas: Bitcoin Draws Premium in Yen Markets, FX Volatility Spikes
The latest moves in crypto markets in context for April 28, 2022. Original
Blackrock Launches Blockchain ETF Offering Investors Exposure to Crypto Sector – Finance Bitcoin News
The world’s largest asset manager, Blackrock, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.” Blackrock Debuts Blockchain ETF Blackrock, the world’s largest asset manager with $10 trillion in assets under management, announced the launch of its Ishares Blockchain and Tech ETF (ticker: IBLC) Wednesday. The new exchange-traded fund (ETF) is trading on the NYSE Arca. The asset manager explained: The Ishares Blockchain and Tech ETF…
Mining for 4/0 Copper in a Sea of Buses… Worth It?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Kenworth K100 needs about 25 ft of 4/0 AWG copper battery cable wire… Subscribe: | Merch: Watch next, “Will a 2-Stroke Detroit Diesel Run on 20 Year Old Fuel?” #JunkyardTestTube Follow us: Send stuff to Filthy Rich 411 Darling Rd, Canfield, ON Canada N0A 1C0 Merch, Tape Boss & Car Parts: Tools I use: Show us your build project: Help us make awesome stuff: Watch More Deboss Garage: About: From American Muscle to Classics to Diesels, DG will show you how…
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…