Month: September 2022

"YIKES!" (4 BEARISH ETHEREUM SIGNS FOR WEEKEND CRASH) ETHEREUM PRICE PREDICTION ($1000 SOON?)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ♥️ Subscribe for videos like this 🙂 In this video, I’ll show you 4 bearish technical analysis patterns that could bring Ethereum crashing down over the weekend. Now, are there bullish patterns as well in the mix yes, but these are the obvious patterns that are staring every trader in the face right now as we enter into the weekend. Get all the indicators you saw in today’s video below! Remember, get the bundle pack first, and then you’ll get a “special…

Bitcoin price dips 14% in August as trader warns of ‘macro drop down’

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Bitcoin (BTC) has sealed its worst August performance since 2015 after the monthly candle closed down 13.9%. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Weekly candle “doesn’t look good” Data from Cointelegraph Markets Pro and TradingView confirms that BTC/USD finished the month at $19,990. A knock to bulls’ efforts to stabilize spot price, the August close was only the second monthly candle finish below the $20,000 mark (depending on the exchange used) since late 2020. BTC/USD 1-month candle chart (Bitstamp). Source: TradingView While preserving June’s close as the macro low…

Interview with Ben Caselin, Head of Research and Strategy at AAX on Bitcoin in Emerging Markets Survey

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AAX in association with Forrester Research recently published the findings of a survey conducted in Africa, Latin America, the Middle East and Southeast Asia on Bitcoin adoption. We asked Ben Caselin, the Head of Research and Strategy at AAX few questions regarding the survey outcome and key findings. Q: Please throw some light on the recent study on Bitcoin Adoption conducted by AAX A: Emerging markets such as Africa, Latin America and the Middle East have shown increased potential and interest to AAX as these regions are the primary locations…

Crypto Asset Manager Babylon Finance Will Shutdown After Failing to Recover From Rari Hack

As such, the Babylon team was vying to reach $50 million in user-supplied assets, following which it would become sustainable due to the fees charged to users in return for the yields offered. The Rari exploit, coupled with a steep fall in BABL token prices, led to “the point of no return” for Babylon as a sustainable protocol, said. Original Source AssetBabylonCryptoFailingFinanceHackManagerRARIRecoverShutdown CryptoX Portal

L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration – Technology Bitcoin News

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The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement Nitro Update The Offchain Labs-managed L2 Ethereum scaling solution Arbitrum, told fellow Arbinauts (the project’s users) on Wednesday that the development team has implemented the Nitro upgrade. “All Arbinauts, please prepare for liftoff,” the team explained. Moreover, the official Arbitrum Twitter account wrote that the “migration has officially begun,…

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Ticketmaster Partners with Flow Blockchain to Mint Live Event Ticket NFTs

American ticketing company Ticketmaster announced that it will enhance the fan event experience through digital collectable NFTs, and will mint ticket NFTs for selected events on Dapper Labs’ Flow blockchain, providing users with a new experience. Ticketmaster will issue NFTs for event organizers to provide fans with live events before, during and after the event. At the same time, fans can share or activate online through digital souvenirs to receive unique loyalty rewards, VIP participation opportunities and more. Ticketmaster previously partnered with Flow to distribute more than 70,000 one-to-one virtual commemorative ticket…

Crypto Lender Celsius Faces Another Group of Customers Who Want Their Money Back

According to the filing, the group’s cryptocurrency is deposited in custodial accounts rather than the yield-generating “Earn” product. This means Celsius should have held the funds in segregated storage on behalf of the group’s members, who retain title to the funds, according to the filing. Because of this, the filing claims, the customers should be able to receive their funds back separately from the outcome of the bankruptcy proceedings. Source

NFT micro-philanthropy gives a new voice to the opera

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The music industry has been a major adopter of Web3 integration, with use cases ranging from song rights, blockchain-based streaming and new forms of digital releases.  Genres like pop, EDM and hip hop have represented nonfungible tokens (NFTs) in the music industry so far. However, classical music, and specifically opera, just found its entrance. Living Opera, a Web3 community that combines classical music with blockchain innovation, is turning to the emerging technology to give a new voice to the prestigious art and the artists who perform it. Soula Parassidis, CEO…