Day: June 2, 2022

Kanye West Files Trademarks Describing NFT Technology After Denouncing the Digital Collectible Concept โ€“ Bitcoin News

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According to trademark filings with the United States Patent and Trademark Office (USPTO), the American rapper Ye (commonly known as Kanye West) is getting into the world of non-fungible tokens (NFTs) and the metaverse. The record producerโ€™s company Mascotte Holdings Inc. filed 17 trademarks, and parts of the trademark summaries describe digital collectibles like NFTs. Kanye West: โ€˜Do Not Ask Me to Do a F***ing NFT โ€ฆ Ask Me Laterโ€™ On Wednesday, trademark attorney and founder of Gerben Intellectual Property, Josh Gerben, tweeted about rapper and musician Ye and his…

Cryptos Mixed Amid Choppy Trading, Bitcoin Activity Slows

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โ—Bitcoin (BTC): $30,300, +0.90% โ—Ether (ETH): $1,823, +0.35% โ—S&P 500 daily close: 4,177, +1.84% โ—Gold: $1,873 per troy ounce, +1.62% โ—Ten-year Treasury yield daily close: 2.91% Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Original

Crypto Market Pullback – Crypto News

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io New episode – Crypto Market Pullback – Crypto News. This one covers the latest crypto price rise and subsequent fall, as well as all the other latest news and developments in the crypto space. New videos are posted every weekday early afternoon PST. Not financial advice. Twitter: Business Inquiries: bencryptoshow@gmail.com Timestamps 0:00 Intro 0:08 Market Movements 1:28 Crypto Investment Trust Funds Seeing Outflows 3:36 Bitfinex Whale is Buying 4:43 Microstrategy Update 5:38 CZโ€™s Binance Listing Tips 8:25 France Grants Binance a License…

Crypto Community At CoinMarketCap Predicts $1 Cardano By June 30

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Cardanoโ€™s price has been growing in recent weeks while the rest of the cryptocurrency market has been falling. This trend has encouraged some in the crypto community to be optimistic about its future price and make it a bright light among digital coins and tokens. According to the most recent predictions made using CoinMarketCapโ€™s Market Estimation tool, which allows users to make crypto price predictions and check their average score, the community expects this crypto to trade at roughly $1 by the end of June. ย ย ย ย Related Reading | Crypto Analyst…

Ethereumโ€™s Merge FOMO isnโ€™t priced in, making a spike to $2.6K a possibility

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In a May 30 tweet, Ethereum (ETH) core developer Tim Beiko confirmed that the much-anticipated switch from proof-of-work to proof-of-stake can be expected โ€œaround June 8 or so.โ€ Interestingly, Ether’s price action is relatively unchanged despite the unexpected bullish announcement. There was a +10% spike on May 30, but those gains were given back between May 31 and June 2. It is very likely that this event has yet to be priced in, giving traders and investors a possible early entrant advantage. Itโ€™s essential to monitor on-chain data From an…

Bitmex’s Hayes Forecasts that Bitcoin Could Bottom at $25k to $27k and Ethereum at $1.7k to $1.8k

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Summary: Arthur Hayes has released a new forecast of a possible bottom for Bitcoin at between $25k to $27k and Ethereum at between $1,700 to $1,800. Mr. Hayes also questions whether the crypto markets have already factored in multiple interest rate hikes by the US Fed. He adds that the correlations between Bitcoin, Ethereum, and Nasdaq broke down during the recent crypto market meltdown and could signal a possible bottom. Bitmexโ€™s Arthur Hayes has released a new blog post in which he muses on a possible bottom for both Bitcoin…

This classic Bitcoin metric is flashing buy for first time since March 2020

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Bitcoin (BTC) bulls may only need a pair of simple moving averages (SMAs) to determine if the bottom is in this halving cycle. In a Twitter thread on June 2, Checkmate, lead on-chain analyst at crypto analytics firm Glassnode, flagged the Investor Tool metric hitting โ€œbuy the dipโ€ territory. “Generational zone” enters for Bitcoin’s Investor Tool The Investor Tool is a simple yet effective BTC price metric showing the potential for buyers to enjoy โ€œoutsizedโ€ returns. Its creator, LookIntoBitcoin founder Philip Swift, aimed to deduce when BTC/USD is likely overbought…