Month: May 2022

GameFi-NFT, Monopoly Millionaire Game, Will Be Pre-Released on May 25 – Press release Bitcoin News

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press release PRESS RELEASE. The gaming ecosystem has been at the forefront of the NFT and other blockchain innovations’ adoption. However, despite the impact of the play-to-earn gaming model in driving blockchain adoption, it has been highly criticised due to most gaming projects’ models. It is believed that blockchain games sacrifice the quality of the gaming experience with the opportunity to earn or make more playing these games. Is this the truth? Well, yes. Although this might have been the norm but, with the evolution of blockchain games, the narrative…

Bitcoin BTC Price Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 👏 THUMBS UP & SUBSCRIBE! THANK YOU! 👏 ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 🔥Bitcoin Trading Exchanges (Bonus for Trading): 🔷 Bybit: 🔶 Phemex: ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 👉Follow me on TWITTER: 👉 Telegram Group (Private Trading Discord Above) – 👉Intro Credit: ⏰ Contents of this video: 00:00 Intro 1:00 Bitcoin Technical Analysis TODAY Ethereum Technical Analysis Chainlink Technical Analysis ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Disclaimer – Do NOT trade based on what you see in this analysis. CryptoNewton is not a financial advisor. The content in this video, on this channel and the…

WSJ says ‘the NFT market is collapsing’ but the data says otherwise

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An article in the Wall Street Journal has claimed sales of non-fungible tokens (NFTs) are “flatlining” — in the same week that the top five collections alone accounted for more than $1 billion in primary and secondary sales. The article cited data from NFT market analysis platform Nonfungible suggesting the number of NFT sales has fallen by 92% since an all-time high in September 2021. Wallets active in the Ethereum (ETH) NFT market were also said to have declined by 88% since a high in November 2021. “The NFT market…

Bitcoin Seen Dropping To $32K – But Not This Month

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The price of Bitcoin (BTC) has failed to break through the $40,000 barrier, indicating that confidence in the cryptocurrency market remains sluggish. BTC has been declining for more than a month. If it falls below $38K, it could fall all the way to $32K. While the crypto market is now bearish, another crash is improbable, at least until the FOMC meeting concludes. Traders’ enthusiasm in the cryptocurrency market continues to erode as a result of the market’s prolonged fall and geopolitical uncertainty. Veteran trader Peter Brandt anticipates a test of…

War, Crypto & The Invisible Line Connecting It All

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Edwin Starr said it best: war is good for nothing. Recently, talks of war have affected crypto in a major way – an invisible string connects the two and we will take a look at how war could impact crypto prices, and the bigger picture impacts at hand. Related Reading | Bitcoin Gives Bullish Clues, Will The FED Meeting Get In The Way? 2022 has undoubtedly been a rocky ride for crypto. It was a volatile first quarter of the year for major players such as Bitcoin and Ethereum. Around…

South Korea’s new president delays crypto taxes in favor of consumer protections

South Korea’s newly-elected president Yoon Seok-yeol announced Tuesday he would push to defer taxation on crypto investment gains at least until a new set of regulations called the Digital Asset Basic Act is enacted. South Korea’s crypto tax was initially set to come into effect for the 2022 fiscal year, but was pushed back to 2023 last December. E-daily reported that Yoon will ensure the crypto tax law does not come into effect until a reasonable legislation is in place to protect consumers, which could be by 2024. The president-elect’s…

Two South Koreans Paid in Bitcoin to Spy for North Korea – Regulation Bitcoin News

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South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the acts of espionage, the two South Korean individuals were allegedly paid bitcoins worth a total of $637,789. South Korea’s Joint Command and Control Targeted Two South Korean citizens, a businessman running a crypto asset management firm and a serving captain of the country’s army, were arrested on suspicion of passing military secrets to a North Korean hacker.…

Bitcoin funds saw largest single week of outflows since June 2021

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Institutional investors shed $133 million worth of Bitcoin (BTC) investment products last week, marking the largest week of outflows since June last year. According to the latest edition of CoinShares’ weekly Digital Asset Fund Flows report, the overall digital asset fund outflows for the week ending April 29 totaled $120.1 million, with the large Bitcoin outflows marginally offset by a surprise $38 million worth of inflows for FTX Token (FTT) products. The $132.7 million worth of outflows from BTC funds last week, brings the month-to-date outflows for April to $310.8…

How To Become a Crypto Millionaire!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io To check out the Crypto20 Index Fund visit (not available in the US). Becoming a crypto millionaire is a goal of many crypto investors. Whether in Bitcoin, Ethereum or just across several altcoins. In this video we will be answering the questions: How to become a millionaire in crypto? How much money would you need? What would the growth rate of the crypto market have to be? Chapters: 0:00 – Intro 1:27 – Crypto20 Update 3:05 – Survey Results 4:51 – Million…

Coinbase took out the first Bitcoin-backed loan from Goldman Sachs

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America’s largest crypto exchange Coinbase has been revealed as the mystery firm that took out Wall Street’s first Bitcoin-backed loan from Goldman Sachs. Goldman Sachs has $2.5 trillion assets under management as of 2021. Bloomberg reported on Tuesday that the Bitcoin-backed loan issued by Goldman had been taken out by Coinbase as a way to deepen ties between the crypto and tradfi world, with the head of Coinbase Institutional Brett Tejpaul stating that: “Coinbase’s work with Goldman is a first step in the recognition of crypto as collateral which deepens…