Month: May 2022

BTC price breakout due ‘relatively soon’ as Bitcoin volumes spook traders

Bitcoin (BTC) disappointed bulls on upside prior to the May 26 Wall Street open as BTC/USD returned under $29,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Markets “eerily calm” post FOMC Data from Cointelegraph Markets Pro and TradingView tracked an uninspiring day for Bitcoin, with $800 of losses coming in a single hourly candle several hours before the start of trading. The largest cryptocurrency had avoided volatility on the release of minutes from the United States Federal Reserve’s Federal Open Markets Committee (FOMC). These had avoided any serious divergence from already…

Metaverse should be developed from children’s perspective, says LEGO VP

boss

Metaverse and Web3 dominated the discussions on the fifth day of the ongoing World Economic Forum (WEF). A panel discussion on “The Possibilities of the Metaverse” was joined by High Fidelity co-founder Philip Rosedale, Mindfire Foundation founder Pascal Kaufmann, Magic Leap CEO Peggy Johnson, New York University – Abu Dhabi assistant research professor Hoda AlKhzaimi and Lego Group vice president Edward Lewin. The key point of discussion revolved around the building blocks and future prospects of the metaverse. The panelists discussed the technical aspects, security and role of human sentiments…

‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam

boss

Tesla CEO Elon Musk distanced himself from yet another fabricated video promoting a cryptocurrency scam. Originally shared on Twitter, the video in question was a deepfake of Musk purportedly promoting a cryptocurrency platform boasting 30% returns on crypto deposits. Scammers made use of original footage from a TED Talk featuring Musk and curator Chris Anderson at a TED conference in Vancouver in April this year. The tweet and video caught the attention of Musk himself, who’s been increasingly active since his move to acquire the social media platform for an…

Portugal’s Assembleia da Republica says no to two crypto tax bills

boss

The Portuguese congress, Assembleia da Republica, has rejected two bills that would have imposed a tax on cryptocurrencies. Portugal has long been regarded as a cryptocurrency tax haven, and the trading of cryptocurrencies has been tax-free since 2018. In addition, trading digital assets is not considered investment income in Portugal. This has attracted crypto startups and events to Lisbon, despite the fact that businesses that accept Bitcoin must pay income tax on it. The Portuguese Minister of Finance, Fernando Medina, had recently declared that cryptocurrencies in the country will soon…

Crypto Market News Today | अब होगा loss Recover | Big Good News Crypto Market #unknownCryptoCurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Disclaimer I am not a financial advisor, nothing in this video should be considered financial advice. crypto market are speculative and highly volatile and you can lose everything you invest. Thank you ☺️ __________________________________________________ crypto market News today crypto market News today in hindi Crypto market News crypto market live today crypto market price today crypto market global market news today bitcoin price today in india ETH coin market price today crypto market crash news today cryptocurrency news in Hindi language cryptocurrency…

IMF Chief Begs Investors Not to Shun All Crypto After the Collapse of LUNA, UST – Featured Bitcoin News

boss

The managing director of the International Monetary Fund (IMF) reportedly said that investors should not completely pull out of crypto after the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). IMF Chief Has a Message for Crypto Investors After the Collapse of LUNA, UST Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), discussed cryptocurrency at the World Economic Forum’s annual meeting in Davos Monday. She urged people not to completely shun crypto after the recent collapse of algorithmic stablecoin terrausd (UST) and cryptocurrency terra (LUNA), Bloomberg…

Solana, Dogecoin Tokens Dip as Futures Suggests Bearish Sentiment

Yields on a three-month rolling basis for futures hover over around 3.1% for both assets, which “is historically very low,” Glassnode said. Such yields are generated when there is mispricing between an asset’s spot and futures price. Traders go long on the underlying asset and short its, or a related asset’s, futures. The difference is pocketed. Source