Day: December 15, 2022

Dramatic Rise in Snowfall (SNW) Price Levels Challenges Stability of Dash (DASH) and ApeCoin (APE)

Place/Date: – December 15th, 2022 at 7:51 am UTC · 4 min read Source: Snowfall Protocol Crypto markets have been in a depression for several months, with values plummeting across the board. Snowfall Protocol (SNW) is one project that has defied the trend, with its price rising from $0.005 to $0.095 in just a few months. So, what exactly is Snowfall Protocol (SNW) and what distinguishes it from other efforts in the sector, such as Dash (DASH)  and ApeCoin (APE)? Investors Brace for Further Losses as ApeCoin (APE) Token Takes…

‘Move to Earn’ Token STEPN (GMT) Can’t Move Up in Price, Investors Ditch for Orbeon Protocol (ORBN)

Place/Date: – December 15th, 2022 at 7:47 am UTC · 3 min read Source: Orbeon Protocol It seems the move-to-earn token STEPN (GMT) can’t move up in price anymore, as it has dropped from its all-time high of nearly $0,38 to a mere $0,07. On the other hand, savvy cryptocurrency investors are ditching the token and investing in Orbeon Protocol (ORBN) instead. But what actually is Orbeon Protocol, a token that is still in the 3rd phase of its pre-sale, of which analysts expect it will surge by over 6,000%…

Binance Blockchain Week – Day 1 Recap

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io It’s been an awesome first day at #BinanceBlockchainWeek here is a quick recap on what happened during day one. Binance … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Russian Social Media Giant Vkontakte Launches NFT Service – Bitcoin News

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Russia’s largest social network, Vkontakte, has launched a feature allowing users to upload digital collectibles to the platform. Account holders will also be able to buy and sell them in the future as the company intends to establish a marketplace for non-fungible tokens. Vkontakte Users to Showcase Their NFTs, Set Them as Avatars The leading social media network in the Russian-speaking segment, Vkontakte (VK), has introduced an NFT service along with an educational course on non-fungible tokens (NFTs), the crypto page of the Russian business news portal RBC reported, quoting…

Will BTC Shine Before Christmas?

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Bitcoin and the broader crypto market rapidly reversed course in response to the U.S. Federal Reserve’s announcement of a 50-basis-point increase in interest rates, erasing any gains made before the disclosure. The Federal Reserve has been steadily raising interest rates in an effort to ease the economy and rein in inflation, which has driven prices to record highs. Yesterday, the Bitcoin price reached a one-month high and had a brief recovery of positive momentum, but a conservative report from the Federal Open Market Committee (FOMC) and remarks from Fed chair Jerome…

Top FTX Group Executive Tipped Off Bahamas Authorities About Comingling of Funds in November

Ryan Salame, the co-chief executive of FTX’s Bahamas entity, called FTX Digital Markets, told the Bahamas Securities Commission on Nov. 9 that “clients’ assets which may have been held with FTX Digital were transferred to Alameda Research,” according to a letter to the Bahamas Police Commissioner disclosed this week. This would constitute “misappropriation, theft, fraud or some other crime,” Christina Rolle, Executive Director at Securities Commission of The Bahamas wrote to the Commissioner. Source

SEC approves 9 more WisdomTree ‘blockchain-enabled’ funds

The U.S. Securities and Exchange Commission (SEC) has given the green light to nine more blockchain-enabled funds from $82 billion asset manager WisdomTree. None of these funds track crypto assets themselves, but the firm does utilize the Ethereum and Stellar blockchains to keep a secondary record of share ownership, thus making them blockchain-enabled or “digital funds” as WidsomTree describes them. The firm announced the SEC’s approval on Dec. 14, and outlined that the nine digital funds offer exposure to a host of different asset classes such as equities, commodities and…

Arcane Predicts Bitcoin Mining Will Cost Less Than 0.5% Of Global Energy if Btc Hits $2M

According to recent Arcane Research predictions, Bitcoin might be a large energy user in 2040 if its price reaches several million dollars. According to new projections by Arcane Research, Bitcoin (BTC), the world’s most valuable cryptocurrency, has the potential to be a large energy consumer in the future, but only if it reaches several million dollars. Arcane Research, a cryptocurrency research and analytics organization, issued a paper on Monday forecasting the evolution of Bitcoin’s energy demand until 2040. The paper, written by Arcane Research analyst Jaran Mellerud, asserts that Bitcoin’s…