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Month: January 2023
NFT Collection Doodles Acquires Emmy-Nominated Animation Studio
Although Golden Wolf said it will continue to operate independently, the studio will work closely within the Doodles brand. Golden Wolf founder and CEO Ingi Erlingsson has joined Doodles as chief content officer, focusing on running studio operations while building out the next wave of the Doodles brand. Source
Europol reports $19.5M in crypto seized in enforcement action against Bitzlato
The European Union Agency for Law Enforcement Cooperation, or Europol, has reported authorities took control of crypto wallets containing more than $19 million in cryptocurrency as part of enforcement actions against crypto firm Bitzlato. In a Jan. 23 announcement, Europol reported that roughly 46% of assets — 1 billion euro, or $1.09 billion at the time of publication — moved through Bitzlato were linked to illicit activities. The government agency’s analysis suggested that Bitzlato received more than 2.1 billion euro in cryptocurrencies including Bitcoin (BTC), Dash (DASH), and Dogecoin (DOGE),…
3 signs Axie Infinity price risks giving up its 135% gains in January
Axie Infinity (AXS) has rallied 135% month-to-date to reach approximately $14 on Jan. 23, its highest level in two months. Nonetheless, the AXS/USD pair could suffer major losses in the coming weeks owing to a flurry of negative technical and fundamental indicators. Axie Infinity price prints “gravestone” doji The AXS price formed a “gravestone doji” candlestick on Jan. 23, which technical analysts view as a bearish reversal pattern. A gravestone doji appears when an asset’s opening, closing, and the lowest price comes to be nearly identical except for the highest…
Is Litecoin Expecting A Pullback Before Soaring Again?
The Litecoin price has shown bullish sentiment over the past week once it bounced off the $81 resistance zone. Over the last 24 hours, the altcoin jumped by 2%, and in the past week, the LTC price gained close to 6%. As Bitcoin continues to trot upwards and is now eyeing the $23,000 price mark, other altcoins have reflected the same price sentiments. The technical outlook of the Litecoin price has depicted that accumulation shot past the overbought region just when Litecoin breached the $81 price region. Demand for the…
Harmony Hackers Cover Tracks by Bridging Portion of $100M Loot to Avalanche, Ethereum and Tron
The hackers that targeted Harmony network in a $100 million hack last year have bridged their ill-gotten gains from Bitcoin to Avalanche, Tron and Ethereum, according to on-chain analysis by blockchain sleuth MistTrack. Source
Bitcoin Remains Near Recent Highs and Theta NFT Sales Increase by 239% as NFT Market Surges – Blockchain News, Opinion, TV and Jobs
By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin continued its surge over the weekend, rising to a peak of around $23,400. This has left a CME gap on the Bitcoin CME Futures chart at around $22,400, which many analysts theorise is a magnet for price. There are also CME gaps at around $17,000 and $20,000, which were formed on this recent aggressive move. NFT sales jumped by 16% last week, according to data from cryptoslam.io, with a total of $257 million sales ($206 million sales based on…
Indian Government Launches Blockchain Initiative With 5ire, Network Capital
The Indian Government’s apex public policy think tank, NITI Aayog, has launched a blockchain module in partnership with 5ire, a blockchain focused company, and Network Capital, a mentorship and career exploration platform. Source
Digital Euro Will Never Be Programmable, ECB’s Panetta Says
Some observers have touted restrictions on how people can spend their money as an advantage of a central bank digital currency. Source
In Wake of FTX, New York Reminds Crypto Firms to Segregate Customer Funds
After crypto exchange FTX’s bankruptcy proceedings revealed poor segregation of customer funds, the New York regulator is reminding service providers to keep clean records. Source