Month: May 2022

Ethereum Regains Strength But $3K Is Still A Major Hurdle

Ethereum started a decent increase above the $2,920 resistance against the US Dollar. ETH must clear $2,980 and $3,000 to continue higher in the near term. Ethereum started a steady recovery wave above the $2,900 resistance. The price is now trading above $2,900 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $2,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,980 and $3,000 resistance levels to continue higher. Ethereum Price Starts Recovery Ethereum…

Gucci the latest luxury brand to accept crypto payments in store

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The Italian high-end fashion label Gucci has announced it will begin accepting cryptocurrency payments by the end of the month in five of its United States stores, with plans to extend the service to all of its 111 stores in North America. Gucci will accept 12 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Wrapped Bitcoin (WBTC), Litecoin (LTC), Shiba Inu (SHIB), Dogecoin (DOGE) and five U.S. dollar stablecoins according to Vogue Business. Customers paying with crypto in-store at the pilot locations in New York, Los Angeles, Miami, Atlanta…

Infinite Arcade Launches the Last Sale of the Gamer NFTs – Sponsored Bitcoin News

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sponsored Web3 platform Infinite Arcade launches batch 3 Gamer NFTs sale. The Gamer (avatar) NFTs act as access keys to unlock play & earn on the platform. The games are free-to-play, each set. The first 2 batches of the Genesis Gamer NFTs were sold out very quickly. Now the last stage of NFTs sale starts and it will be held for those players only who are Whitelisted. Infinite Arcade has launched a month ago. It makes it possible for developers and creators to connect with players in a marketplace in…

How Bitcoin Mining Works? -Crypto Mining

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this introductory episode, you’ll discover exactly what Bitcoin is, and how Bitcoin mining works. Remember to subscribe to our Youtube channel and hit the bell “🔔” icon to get notifications: ►Visit our Bitdeer website: Follow our other social media channels: ►Twitter: ►Facebook: ►Linked in: ►Join our Telegram group: ►中文电报群： ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Institutional Investors Exit Market As Crypto Declines, New Report Reveals

Following the failure of the crypto market to return to its former glory, institutional investors are fleeing in droves. The market has seen a large outflow of institutional cash in recent weeks, according to multiple sources. Coinshares made the figure surrounding the conversation available a few days ago in a recent update. Investors Leave Market According to Coinshares’ latest figures, the total amount of money that has flown out of the market owing to institutional investor withdrawals in a month is over $339 million. Despite the fact that the market…

Socios signs up Major League Soccer — but it’s not a token effort yet

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Fan token platform Socios has partnered with 26 Major League Soccer (MLS) teams to offer fan engagement experiences and rewards, but so far no fan tokens have been announced. The biggest pro soccer league in the U.S. made a joint announcement with Socios on Wednesday detailing that the partnership will help fans gain access to “exclusive rewards, polls, and opportunities” for the 26 partnered MLS clubs. Welcome to https://t.co/2FROhSNgw8, @MLS. pic.twitter.com/340He1OzQA — Socios.com (@socios) May 4, 2022 Although the announcement did not mention any specific fan engagement events, it stated…

Coin market cap Use kaise kare.? Best CryptoCurrency Website For Actual Price & Latest Update

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Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement – Regulation Bitcoin News

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Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is a regulatory agency with an enforcement division, not an enforcement agency.” Lawmakers Oppose SEC’s Crypto Enforcement Focus A number of lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) slammed the securities watchdog Tuesday for focusing on crypto enforcement. This followed the SEC’s announcement that the agency nearly doubled the size of its crypto enforcement unit. SEC commissioner…

New crypto litigation tracker highlights 300 cases from SafeMoon to Pepe the Frog

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A new crypto litigation tracker from commercial law firm Morrison Cohen LLP shows details of more than 300 active and settled court cases since 2013. Morrison Cohen is a New York-based firm that caters to large financial institutions, entrepreneurs and early-growth stage companies, and specializes in capital markets, business litigation, real estate and bankruptcy to name a few. The company also has a cryptocurrency litigation team. The Morrison Cohen Cryptocurrency Litigation Tracker was published on May. 3, and contains any case development related to the U.S. Securities and Exchange Commission…

Shiba Inu has a new use case — Buying land in SHIB: The Metaverse

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Holders of the popular memecoin Shiba Inu (SHIB), will now be able to use the cryptocurrency to purchase land in the Shiba metaverse.  On Wednesday, the Shiba Inu team took to Twitter to reveal that the SHIB token could now be used to mint parcels of land in the recently unveiled virtual reality project “SHIB: The Metaverse.” New minting option has been released on https://t.co/f2oLn05qWk! Mint lands with $SHIB! Minting with $SHIB Details:0.2 ETH equivalents in $SHIB0.3 ETH equivalents in $SHIB0.5 ETH equivalents in $SHIB1 ETH equivalents in $SHIB#ShibTheMetaverse #ShibMV…