Day: November 7, 2022

Here’s what you should know about the upcoming US midterms: Law Decoded, Oct. 31–Nov. 7

boss

Despite a common mantra about the nonpartisan nature of crypto, there are certain correlations evident ahead of the United States elections. The United States will go to the voting booths on Nov. 8 to decide the fate of all 435 members of the House of Representatives and 34 out of the 100 Senate seats. The outcome will decide the prevailing power balance in Washington and has the potential to affect the crypto industry. Perhaps that’s why 38% of eligible voters will consider candidates’ positions on crypto, according to a recent…

Ethereum Reserves Of FTX Collapse In The Midst Of Liquidity problems

boss

FTX seems to fall deeper into its despair pit without any anchor. The crypto exchange is facing several issues threatening the stability of the firm. First, there appears to be an ongoing war between FTX and the Binance crypto exchange. This is presumed to involve their respective CEOs, Sam Bankman-Fried (SBF) and Changpeng Zhao (CZ). Binance announced its plans to liquidate FTT token holdings, which it has carried out. There’s still no explanation for Binance’s sudden lack of interest in the FTT tokens. However, some opine that Binance may consider…

Crypto Bear Market NOW (2022) vs 2018 ft. @Crypto India I क्रिप्टो इंडिया

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Is there a difference between the crypto bear market of 2022 vs 2018? Watch this video to see your favourite crypto traders@Crypto Point Hindi – हिंदी & @Crypto India I क्रिप्टो इंडिया along with our host Riya Yadav discussing the history of Bitcoin Bear Markets and when will the crypto market recover?🤔 Crypto Market 2022 Overview:👇 The 2017 bull run was fueled as numerous tokens were rolled out as ICO was gaining huge attention. Only the fundamentally strong tokens sustained the crash…

Trademarks filed for NFTs, metaverse and cryptocurrencies soar to new levels in 2022

boss

The number of companies filing trademarks for nonfungible tokens (NFTs), metaverse-related virtual goods and services, and cryptocurrencies has grown rapidly in 2022.  According to data compiled by licensed trademark attorney Mike Kondoudis, the number of trademark applications filed for digital currencies, as well as their related goods and services, has reached 4,708 as of the end of October 2022 — surpassing the total number filed in 2021 (3,547). Thru October, 4708 US trademark apps have been filed for digital/cryptocurrencies + related goods/servicesJan: 481Feb: 541 Mar: 612 Apr: 589 May: 561June: 461July:…

Bitcoin bulls fail to hold $21K, but pro traders refuse to flip bearish

boss

147 days have passed since Bitcoin (BTC) closed above $25,000, and the result is that investors are less sure that the $20,000 support will hold. Backing these concerns are persistent global financial and macroeconomic tensions, which escalated on Nov. 7 after European Union officials expressed concerns over the $369 billion U.S. Inflation Reduction Act. The extended tax, health and climate bill was approved in August and it also includes subsidies for electric cars and battery supply chains that are made in North America. According to CNBC, this is not the…

From NFL to NFTs, Tim Tebow Gets Into the College Game With Solana-Based Platform

Tebow, who also played for the New York Jets before spending several years in the baseball minor leagues in the New York Mets organization, started CAMPUS as a Solana-backed software company that aims to serve as a marketplace for college sports. The platform has teamed up with Nissan Heisman House for a contest that would give eight winners memorabilia and a virtual meet-and-greet with Tebow and seven other Heisman winners. Source

Bitcoin Dips Below $21k As Long-Term Holders Harvest Profits

boss

Bitcoin has declined below $21k during the past day as on-chain data shows signs of long-term holders harvesting profits. Bitcoin Long-Term Holder SOPR Has Spiked Up In Recent Days As pointed out by an analyst in a CryptoQuant post, profit-taking from long-term holders has previously been followed by local tops in the price of the crypto. The relevant indicator here is the “Spent Output Profit Ratio,” which tells us whether the average Bitcoin investor is selling at a profit or at a loss right now. When the value of this…

Queen Máxima of the Netherlands comes out in support of digital euro

boss

Máxima Zorreguieta Cerruti, Queen of the Netherlands, said she was encouraged by the work the European Central Bank had accomplished in its efforts to launch a digital euro.  Speaking virtually at a European Commission conference ‘towards a legislative framework enabling a digital euro for citizens and for businesses’ on Nov. 7, the queen said a digital euro could encourage financial inclusion among underserved communities by circumventing roadblocks including transaction fees and documentation requirements. According to the regent, a central bank digital currency, or CBDC, in the European Union could help…

Money Crypto Versus Tech Crypto

Money crypto and tech crypto present different risks that public policy might address. In money crypto, the risks look more or less as they do in traditional finance: third-party custody, third-party-facilitated payments, retail investor protection, illicit finance and market manipulation, among other things. CeFi looks a lot like traditional finance (TradFi), after all. Tech crypto risk encompasses some of these categories but includes entirely different ones, too: hazardous self-custody, vulnerable smart contracts, good and bad actors having equal access and public, pseudonymous and irreversible transactions. DeFi opens up a whole…