Shanghai city authorities released a policy paper setting out a plan to create a $52 billion metaverse industry by the end of 2025. Source
Day: July 12, 2022
France Starts Second Stage of Wholesale CBDC Experiments, Central Bank Governor Says
Retail CBDCs, issued directly by a central bank to a country’s citizens, who can use them to purchase goods and services, can theoretically cut out traditional intermediaries like commercial banks, Galhau said, addressing a more contentious type of CBDC. Source
Bitcoin price indicator that marked 2015 and 2018 bottoms is flashing
Bitcoin (BTC) could undergo a massive price recovery in the coming months, based on an indicator that marked the 2015 and 2018 bear market bottoms. What’s the Bitcoin Pi Cycle bottom indicator? Dubbed “Pi Cycle bottom,” the indicator comprises a 471-day simple moving average (SMA) and a 150-period exponential moving average (EMA). Furthermore, the 471-day SMA is multiplied by 0.745; the outcome is pitted against the 150-day EMA to predict the underlying market’s bottom. Notably, each time the 150-period EMA has fallen below the 471-period SMA, it has marked the…
Bitcoin miner prices will continue to fall, F2Pool exec predicts
The price of cryptocurrency mining hardware is likely to continue falling in the near future amid the ongoing crypto winter, according to an executive at major Bitcoin (BTC) mining pool F2Pool. F2Pool, one of the world’s biggest Bitcoin mining pools that supports 14.3% of the BTC network, released its latest mining industry update on Tuesday. Focusing on June 2022 BTC mining results, F2Pool’s report noted that the majority of Bitcoin mining companies like Core Scientific have opted to sell their self-mined bitcoins recently. Bitfarms, a major Canadian BTC mining firm, sold…
Ethereum Price Falls Below Critical Level, Will It Hold $1,000?
Ethereum has now lost its hold on an important level. This decline follows that of bitcoin which has now fallen below $20,000. However, for Ethereum, the fight continues to hold on to the one point where bulls still see some hope. However, with the way the market is moving, it may not be long before Ethereum is testing the critical $1,000 support level. Ethereum Falls Below $1,100 For Ethereum, holding above $1,100 for the past week had meant that there was still hope for a good run-up that could see…
Dragonfly Capital Leads $7.5M Round for Quadrata’s Identity Passport
Crypto investment firm Dragonfly had around $3 billion in assets under management as of April when it raised $650 million for its third fund. Other investors in the round included Franklin Templeton, Abra, GSR Ventures, Orange DAO, Fellows Fund, GreatPoint Ventures, August Capital and a number of angel investors. Source
Gnosis Safe Rebrands as Safe, Raises $100M
Digital asset management platform Gnosis Safe has raised $100 million from investment heavyweights including Coinbase Ventures, Tiger Global, Lightspeed and Digital Currency Group. Source
Solana’s Macalinao Brothers Launch $100M VC Fund
Protagonist, the new venture capital firm and incubator from the prominent developers, will primarily focus on emerging blockchains and technology. Source
VBI Webinar 09 Lập trình Blockchain và Smart Contract cùng Thầy Khoa Phạm P1
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io VBI Webinar #09: Lập trình Blockchain và Smart Contract cùng Thầy Khoa Phạm Phần 1 (Vietnam Blockchain Innovation Dev&Tech Forum). Hãy Đăng Ký Kênh và Bật Thông Báo Để Cập Nhật Webinar Series Đầy Đủ nhé các bạn. Sau Hello World dApp với Ths Huy Hoàng và roadmap học lập trình chia sẻ bởi Thầy Khoa Phạm tuần trước. Trong 3 tuần tới, VBI sẽ tổ chức một khóa học lập trình Blockchain miễn phí bài bản do Thầy Khoa Phạm chia…
Ethereum co-founder responds to PoS critics amid upcoming Merge
While some believe that Ethereum’s upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC), others take this opportunity to make snarky remarks on Twitter, triggering a rebuttal from Vitalik Buterin, a co-founder of Ethereum. In a tweet, Bitcoiner Nick Payton called out “Proof-of-Stakers” and argued that voting to change the properties on PoS platforms proves that the PoS assets are securities. Dear Proof of Stakers, The fact that you can vote on something to change its properties is proof that it’s a security. Love, Bitcoin —…