Month: September 2022

Glimpses of positive momentum in an overall bearish market? Report

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Look at different segments of the blockchain industry, they seem to react to events in the broader world. While one segment like nonfungible tokens (NFTs) could experience a sudden rise in interest and investment, other areas like decentralized finance (DeFi) may be slowing or stagnant. It is no different for the month of August, which saw positive signs, such as Bitcoin’s long-term-holder numbers nearly reaching its previous all-time high of over 13.6 million. Other segments, such as GameFi, experienced a 13.8% decrease in new users in the space from July. …

Saket Modi Explains Behind the Scenes of Blockchain, Web3, Crypto World | The Ranveer Show 204

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Bitcoin hits 3-week high as trader says ‘all signs there’ to short BTC

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Bitcoin (BTC) kept grinding higher at the Sep. 12 Wall Street open as traders called for an imminent correction. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $23,000 proves essential to flip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $22,481 on Bitstamp, its highest since Aug. 19. The pair had preserved existing gains over the weekend, with a declining U.S. dollar providing a catalyst for risk assets as the week began. The S&P 500 and Nasdaq Composite Index both traded up 1.1% after the first two hours’ trading.…

GameStop Loses Blockchain Head Matt Finestone

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Bitcoiners Owe Andrew Ross Sorkin a Big Thank You

Amalgamated Bank, the union-owned New York lender, applied for the code’s creation earlier this year, was rejected, then tried again. In the wake of the May school shooting in Uvalde, Texas, the second application succeeded. On the eve of the code’s creation, Sorkin declared that it would “test the resolve of business leaders and their commitment to American lives.” Source

SOL, Near Protocol up by Over 10% to Start the Week – Market Updates Bitcoin News

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Solana moved closer to the $40.00 mark on Monday, as it rose for a sixth straight session to start the week. Bullish momentum in the world’s ninth largest cryptocurrency intensified, following a breakout of a resistance point of $36.35. Near protocol was also in the green, as prices rose by over 10% on Monday. Solana (SOL) Solana (SOL) climbed to a three-week high to start the week, as the token moved towards the $40.00 level Following a low of $34.48 on Sunday, SOL/USD was able to reach a peak of…

MicroStrategy to Sell $100 Million Worth of Stock to Acquire More Cryptocurrency

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Software company MicroStrategy (MSTR), which has transformed into a corporate bitcoin (BTC) vault, intends to sell up to $500 million worth of stock to finance additional cryptocurrency purchases. The stock offering, which will be used for “general business purposes such as the acquisition of bitcoin”, was disclosed in the filing with the Securities and Exchange Commission. This is a first concrete proof that founder Michael Saylor still insistent on his goal to transform MicroStrategy into the crypto proxy, despite his recent resignation as CEO to focus on bitcoin acquisitions. He…