Day: July 30, 2022

Recession & Inflation Hit Earnings – Bitcoin, Crypto, Stock Market Update!!!

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Can blockchain be used without cryptocurrency?

A blockchain without cryptocurrency is a distributed ledger that stores data associated with nonfungible tokens (NFTs), supply chain initiatives, the Metaverse and more. Even though Bitcoin (BTC) is the most known application of a decentralized ledger or blockchain, there is a wide range of other uses of blockchain technology. For instance, blockchain technology can be utilized in various financial services including remittances, digital assets and online payments because it enables payments to be settled without a bank or other middleman. Furthermore, the next generation of internet interaction systems including smart…

Biggest Movers: FIL up 25%, as DOT Surges to 6-Week High on Saturday – Market Updates Bitcoin News

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Filecoin was one of Saturday’s biggest gainers, as prices rose by as much 24% to start the weekend. The move saw the token reach its highest point since early June, and comes despite cryptos being mostly in the red in today’s session. DOT was also higher, as it too hit a multi-week high. Filecoin (FIL) Filecoin (FIL) was one of the big movers in crypto markets on Saturday, as prices of the token surged by over 24%. On Saturday, FIL/USD rose to an intraday high of $7.49, which comes less…

Crypto CRISIS: Are crypto ALTCOINS about to CRASH hard?

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Historically accurate Bitcoin metric exits buy zone in ‘unprecedented’ 2022 bear market

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Bitcoin (BTC) is enjoying what some are calling a “bear market rally” and has gained 20% in July, but price action is still confusing analysts. As the July monthly close approaches, the Puell Multiple has left its bottom zone, leading to hopes that the worst of the losses may be in the past. Puell Multiple attempts to cement breakout The Puell Multiple one of the best-known on-chain Bitcoin metrics. It measures the value of mined bitcoins on a given day compared to the value of those mined in the past…

How NFTs can boost fan engagement in the sports industry

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Nonfungible tokens (NFTs) have grown a lot in popularity since the release of CryptoKitties in 2017, with the sector expected to move over $800 billion in the next two years.  Some of the most well-known use cases for NFTs are picture-for-proof projects such as the Bored Ape Yacht Club and play-to-earn gaming projects. NFTs have also attracted attention from the sports industry, with professional sports leagues setting up their own platforms for fans to engage with their favorite teams or players, but that will be discussed later in this story.…

MASSIVE ETHEREUM GAINS (Price Target)!! Bitcoin News Today & Ethereum Price Prediction (BTC & ETH)

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Funko Partners With Entertainment Giant Paramount to Drop Avatar Legends NFTs – Blockchain Bitcoin News

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On July 29, the pop-culture consumer products firm, Funko, announced that the company has partnered with the multinational mass media and entertainment corporation Paramount Global. The two corporations plan to introduce a series of non-fungible tokens (NFTs) based on the Avatar Legends universe. The latest Avatar Legends Digital Pop release from Funko will drop on August 9, 2022, via the NFT platform Droppp. Avatar Legends NFTs — Publicly-Listed Consumer Products Firm Funko Collaborates With Paramount Funko (Nasdaq: FNKO) has announced the company has partnered with the entertainment corporation Paramount (Nasdaq:…

BTC, ETH Consolidate to Start the Weekend – Market Updates Bitcoin News

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Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session. Bitcoin After strong gains on Friday, bitcoin (BTC) was trading marginally lower on Saturday, as prices fell below a key resistance point. Following yesterday’s high of $24,294.79, which saw prices briefly breakout of the ceiling at $24,200, BTC/USD dropped to a low of…

Bitcoin price eyes $24K July close as sentiment exits ‘fear’ zone

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Bitcoin (BTC) dropped volatility on the last weekend of July as the monthly close drew near. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week moving average in focus for July close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retaining $24,000 as resistance into July 30. The pair had benefitted from macro tailwinds across risk assets in the second half of the week, these including a flush finish for United States equities. The S&P 500 and Nasdaq Composite Index gained 4.1% and 4.6% over the week, respectively. With off-speak…