Day: October 18, 2022

Food companies secure trademarks to enter metaverse

A number of food companies have recently begun to position themselves within the Web3 ecosystem by filing trademark applications for the Metaverse and nonfungible tokens (NFTs).  Licensed trademark attorney Mike Kondoudis shared in a tweet that Kraft Foods Group had filed a trademark for its iconic hot dog-shaped Weinermobile on Oct. 12. The filing revealed that the brand plans to expand into NFTs, digital tokens, virtual goods, NFT marketplaces, virtual food, drink and restaurants. Kraft has applied to trademark the iconic Weinermobile! The October 12 filing claims plans for:NFTs + Digital…

Biggest Movers: MATIC Climbs to 5-Week High, ATOM Extends Recent Gains – Market Updates Bitcoin News

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Polygon was one of Tuesday’s notable gainers, as the token rose to its highest point since mid-September. Today’s surge saw prices of the cryptocurrency rise for a third straight session. Cosmos also extended recent gains, climbing to its strongest point in recent days. Polygon (MATIC) Polygon (MATIC) was a notable gainer on Tuesday, as the token rallied for a third consecutive day. MATIC/USD surged to an intraday peak of $0.876 earlier in today’s session, less than a day after trading at a low of $0.8293. This move saw the token…

Bitcoin mirrors 2020 pre-breakout, but analysts at odds whether this time is different

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Bitcoin (BTC) failed to break $20,000 despite a new weekly high on Oct. 18 as market watchers waited for action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin meanders as stocks climb Data from Cointelegraph Markets Pro and TradingView showed BTC/USD defying volatility once again on the day. The pair stayed noticeably stable despite stronger moves for United States equities at the Wall Street open. At the time of writing, the S&P 500 and Nasdaq Composite Index were up 1.5% and 1.2%, respectively. “We are now witnessing another well overdue…

A Strudel Pays Rent With THE Protocol Profits

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Everyone is talking about THE Protocol in crypto as the project gains momentum. Created as a meme coin, THE has continued to make all-time highs against the ETH and USDT pairs.  In just 24 hours, THE Protocol trades at a 60% profit against Ethereum when large cryptocurrencies are beginning to show positive performance. Across social media, THE Protocol is following the price, with many users speculating on its potential to resurrect the “meme coin movement.”  THE’s price is rallying on the 1-hour chart. Source: THEWETH Tradingview THE Protocol Origins, Why Is…

Elrond (EGLD) Will Rally To $80, But this Must First Happen

EGLD’s price shows a spark of strength as the price bounced off from $45 with good volume.  EGLD continues in a range-bound movement as the price aims to breakout ahead of a rally to $80.  The price of EGLD continues to trade above the 50 Exponential Moving Average (EMA) as the price creeps in on the daily timeframe. Despite market uncertainties that have affected the prices of many altcoins in recent weeks, the price of Elrond (EGLD) has remained strong. Elrond (EGLD) has held firm, defending its support as the…

Bitcoin Traders Patiently Wait for ‘Uptober’ — Historical Prices Show BTC Gained 10 out of 13 Octobers – Markets and Prices Bitcoin News

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In recent times bitcoin’s volatility has been the lowest it’s been since 2020 and after last month’s market downturn, crypto enthusiasts expected a reversal in October. In fact, bitcoin has seen gains in October ten times out of the last 13 years, which has led crypto enthusiasts to call the month “Uptober.” While bitcoin is up close to 3% against the U.S. dollar since the start of the month, and there’s just over two weeks left until the end of October, bitcoin supporters are curious about how this month will…