Day: August 17, 2022

EOS up Nearly 20%, Token Hits 3-Month High – Market Updates Bitcoin News

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Eos rose by as much as 20% on Wednesday, as bulls continued to react to the news of its upcoming Yield+ incentive program. Today’s price surge comes despite the global cryptocurrency market cap falling by almost 2% as of writing. Tezos was also higher, hitting a two-month high on hump day. EOS was one of Wednesday’s biggest movers, as prices of the token climbed by as much as 20%. Today’s gains come three days after EOS began to accept registrations for its upcoming Yield+ incentive program. The program, which is…

Bitcoin price dives pre-FOMC amid warning $17.6K low was not the bottom

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Bitcoin (BTC) dropped to weekly lows at the Aug. 17 Wall Street open as upcoming Federal Reserve comments unsettled risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar climbs as Fed minutes due Data from Cointelegraph Markets Pro and TradingView tracked a more than 2% daily decline in BTC/USD, which hit $23,325 on Bitstamp. Already showing signs of weakness, the pair slid further as United States equities began trading, hours before the Federal Open Markets Committee (FOMC) was due to release minutes from its latest meeting. While not involving…

Ethereum (ETH) – Análise de hoje, 25/07/2022 #ETH #Ethereum #BTC #bitcoin #XRP #vitalik #ETH #BNB

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Crypto Jobs Remain Attractive Amid Bear Market

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Within the past few years, cryptocurrency adoption and acceptance have dramatically increased. As a result, many developers and other participants joined the digital asset train to boost the expansion of the industry. Then came the float of several decentralized protocols, NFT projects, applications, exchanges, and other products that distinguish the space. As the crypto space makes more advancements through impressive innovative technologies, more people are trooping into the space. While the high volatility of the assets may be a disadvantage to many participants, not everyone is backing out because of…

Yuga Labs Hires Social Token Expert as VP of Product

The new role is responsible for supporting “the [Yuga Labs] team broadly across Web3, metaverse, NFT and product initiatives,” according to a statement. He will be involved with initiatives for the company’s five mainstay non-fungible token (NFT) collections: Bored Apes, CryptoPunks, Meebits, Voyagers and Mutants. Source

Fake Manchester United token soars 3,000% after Elon Musk jokes about buying team

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Manchester United Fan Token (MUFC) is a dead coin and not related to the sports franchise, but one Elon Musk tweet was enough to revive it on Aug. 17. Also, I’m buying Manchester United ur welcome — Elon Musk (@elonmusk) August 17, 2022 Fake Man U token pumps after Elon Musk’s tweet To clarify, MUFC is not an official Manchester United crypto token. It came to life in August 2021 after a team of programmers, who are said to be hardcore Manchester United fans, falsely claimed that holding MUFC would…

Blockchain VC Shima Capital debuts with $200M Web3 fund

Shima Capital, a new venture firm focused on early-stage blockchain projects, has launched its debut fund to support emerging digital asset companies — and has received considerable backing in doing so. The Shima Capital Fund I raised a combined $200 million from several high-profile crypto investors, including Dragonfly Capital, Animoca Brands and OKX, the company announced Wednesday. The fund is set to deploy between $500,000 and $2 million in pre-seed funding for crypto- and blockchain-focused companies at the intersection of consumer products, decentralized infrastructure and futuristic blockchain technology. In particular,…