coinbuzzfeed http://feed.informer.com/digests/LPZD46HY6U/feeder coinbuzzfeed Respective post owners and feed distributors Tue, 18 Jan 2022 13:07:11 +0000 Feed Informer http://feed.informer.com/ Beaten by the Market, Vauld Becomes Latest Crypto Lender to Freeze Withdrawals https://cryptobriefing.com/crypto-lender-vauld-halts-withdrawals-eyes-potential-restructuring/?utm_source=feed&utm_medium=rss Crypto Briefing urn:uuid:57a5ef42-76dd-de59-b853-fc84582589fb Mon, 04 Jul 2022 10:50:09 +0000 The crypto lending and trading platform Vauld has suspended customer withdrawals and hired financial and legal advisors to help it evaluate potential paths forward amid volatility in the crypto market.... Circle CEO Says USDC Stablecoin Provider Is in 'Strongest Position' Ever https://decrypt.co/104379/circle-ceo-says-usdc-stablecoin-provider-strongest-position-ever Decrypt urn:uuid:992da607-2112-81bb-fcc2-41e3e4a62804 Mon, 04 Jul 2022 10:48:35 +0000 Circle, the company behind the USDC stablecoin, is in its strongest financial position ever, according to CEO Jeremy Allaire. Coinbase-Backed Lending Platform Suspends Withdrawals, Looking to Restructure https://cryptopotato.com/coinbase-backed-lending-platform-suspends-withdrawals-looking-to-restructure/ CryptoPotato urn:uuid:3401d6bb-6359-a7be-ca66-3430f8411294 Mon, 04 Jul 2022 10:46:34 +0000 Another cryptocurrency lender is suspending withdrawals and transactions as the market downturn deepens. <p>The cryptocurrency market downturn continues taking its toll, and lending companies are feeling the heat across the board.</p> <ul> <li>Another crypto lender to cease transactions is Vauld. According to a <a href="https://www.vauld.com/blog/corporate-statement/" data-wpel-link="external" target="_blank">blog post</a> from Monday, July 4th, the company has seen customer withdrawals in excess of $197 million since June 12th.</li> <li>This seems to have happened immediately after the decline of the market triggered by the collapse of the Terra-LUNA ecosystem.</li> <li>Vauld has also engaged the services of financial advisors in India and Singapore and is &#8220;fully committed to working &#8230; to explore and analyze all possible options, including potential restructuring options, that would best protect the interests of Vauld&#8217;s stakeholders.&#8221;</li> <li>Furthermore, the company has also suspended withdrawals, trading, and deposits.</li> </ul> <blockquote><p>In the meantime, we have made the difficult decision to suspend all withdrawals, trading, and deposits on the Vauld platform with immediate effect. We believe that this will help to faciltitate our exploration of the suitability of potential resturcturing options, together with our financial and legal advisors.</p></blockquote> <ul> <li>Vauld is just another in a string of lenders that have had to do so. The most notable name in this field is surely Celsius Network which is yet to resume withdrawals while <a href="https://cryptopotato.com/celsius-lays-off-150-employees-as-crypto-winter-deepens-report/" data-wpel-link="internal">cutting</a> its staff by over 150 people recently.</li> <li>Back in July 2021, the company raised $25 million in a funding round led by Valar Ventures with the participation of Pantera Captial and Coinbase Ventures, among others.</li> </ul> Crypto Lending Platform Vauld Halts Operations Citing Financial Difficulties https://decrypt.co/104380/crypto-lending-platform-vauld-halts-operations-citing-financial-difficulties Decrypt urn:uuid:2c081a08-9ffb-c1f3-0870-c60ab84a3b0b Mon, 04 Jul 2022 10:40:26 +0000 The Singapore-based crypto platform announced that it would halt operations and pause withdrawals until further notice. 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The open beta will go live in July 2022, giving players an opportunity to experience the most advanced iteration of the PvP title to date. The free-to-play release incorporates features that [&#8230;] <p><strong>[PRESS RELEASE &#8211; Melbourne, Australia, 1st July, 2022]</strong></p> <p>Himo World, an NFT-based strategy game developed by Kaofox Corp, has announced its open beta launch. The open beta will go live in July 2022, giving players an opportunity to experience the most advanced iteration of the PvP title to date.</p> <p>The free-to-play release incorporates features that have elevated GameFi into the most innovative gaming vertical in the world. Powered by BNB Chain, Himo World utilizes a Create-to-Earn and Compete-to-Earn model that rewards players for the time they put in. A strategic match-3 game, Himo World combines roster-building elements to offer a wide range of unique Heroes with limitless skill combinations.</p> <p>Features that will debut with the open beta include:</p> <ul> <li>Hero Progress System: Heroes can now level up to learn new skills</li> <li>Gold: new in-game utility which plays a vital role in the create-to-earn model</li> <li>Hero Perks: based on Race &amp; Class, each Hero is empowered with unique perks that can dynamically influence the outcome of every move</li> <li>Roster Synergies: choosing which Heroes to battle is more critical than ever as it will give the Roster unique boosts</li> <li>Expansion of new Rank tiers and fresh Arenas in the game</li> <li>New features including Hero &amp; Skill Fragment drops, Daily Rewards, and other fantastic Liveops</li> <li>Open Beta Main Season will start in July with a $20,000 prize pool to reward the most competitive leaderboard chasers</li> </ul> <p>Available as both a mobile and web app, Hiro World incorporates features that will attract players of all abilities. Its Hero Progress System rewards repeat play, with roster synergies and rank tiers designed to stimulate competition and ensure longevity. In addition to PvP mode, future releases will enable players to participate in rogue-like player-vs-environment (PvE) as well as many other exciting game modes.</p> <p><div class="embed"><iframe title="HIMO WORLD | OPEN BETA OFFICIAL TRAILER" width="500" height="281" src="https://www.youtube.com/embed/HrnCx80368c?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe></div></p> <h2>Himo World Open Beta</h2> <p>The Hero Progress System allows the players’ Heroes to level up for the first time in Himo World. Along with the Heroes’ higher levels, they can learn new skills, which means that the players now can fill out unlockable skill slots to enable more Skills to be triggered. Genesis Heroes, besides high rarity, can now learn up to 4 skills. Players can use Gold to unlock more Heroes’ Skill slots at different level milestones.</p> <p>Gold, a brand new in-game utility, will significantly contribute to the birth of the Create-to-Earn model in Himo World. In-game, the Gold earned after each match will scale by the player’s rank level. This latest model in GameFi can assist the participants in becoming active “creators” and unlock more <a href="https://innotechtoday.com/create-to-earn-the-latest-economic-model-revolutionizing-gamefi/" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">untapped potentials</a> in GameFi, which is the path that Himo World aspires to follow.</p> <p>The system will have eight rank tiers, including Beginner, Apprentice, Adept, Magnus, Disciple, Master, GrandMaster, and Legendary, ascendingly. Each tier of rank has five levels in which players attain the requisite rank point and can receive the specific corresponding rewards. 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It’s super easy to play, but unlike other casual match-3 games, it’s challenging to master.</p> <p>The game features Free-to-Play, Create-to-Earn, and Compete-to-Earn. Other game modes include Rogue-like PvE, Seasonal Ranking system, Tournaments, Token &amp; Items staking, and many more ground-breaking features yet to be discovered.</p> Bitcoin Stuck at $19K as Crypto Markets Stagnate (Market Watch) https://cryptopotato.com/bitcoin-stuck-at-19k-as-crypto-markets-stagnate-market-watch/ CryptoPotato urn:uuid:a39f31d2-2188-945b-752f-a43d865eaf73 Mon, 04 Jul 2022 08:50:02 +0000 The cryptocurrency markets are untypically stable lately and the past 24 hours failed to return any volatility. <p>Bitcoin continued to trade sideways and was stopped before coming close to challenging $20,000. The altcoins are in a similar position, with very few notable movements in either direction.</p> <h2>Bitcoin Stuck Below $20K</h2> <p>Last last week, which was also the end of <a href="https://cryptopotato.com/bitcoin-price-poised-to-close-the-worst-quarter-in-its-history/" data-wpel-link="internal">BTC&#8217;s horrific Q2</a>, delivered a lot more volatility than the past several days. At the time, the cryptocurrency was sliding hard and dropped to a 10-day low of under $18,800.</p> <p>However, the bulls briefly took control over the market at this point and pushed the asset north. In a matter of minutes, bitcoin found itself trading almost $2,000 higher (close to $21,000).</p> <p>Nevertheless, the predominantly bearish market sentiment continued, and BTC dropped below $20,000 shortly after. It retraced to around $19,000, where it <a href="https://cryptopotato.com/bitcoin-dipped-below-19k-crypto-eyes-another-red-week-market-watch/" data-wpel-link="internal">spent most of the weekend</a> as well.</p> <p>The only exception came yesterday when BTC spiked to $19,600 but was quickly stopped and is back to a familiar ground now. As such, its market cap is still around $365 billion, and its dominance over the alts is again at 42.2%.</p> <figure id="attachment_201623" aria-describedby="caption-attachment-201623" style="width: 1791px" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2022/07/BTCUSD-3.png" data-wpel-link="internal"><img class="size-full wp-image-201623" src="https://cryptopotato.com/wp-content/uploads/2022/07/BTCUSD-3.png" alt="BTCUSD. Source: TradingView" width="1791" height="774" srcset="https://cryptopotato.com/wp-content/uploads/2022/07/BTCUSD-3.png 1791w, https://cryptopotato.com/wp-content/uploads/2022/07/BTCUSD-3-300x130.png 300w, https://cryptopotato.com/wp-content/uploads/2022/07/BTCUSD-3-1024x443.png 1024w, https://cryptopotato.com/wp-content/uploads/2022/07/BTCUSD-3-768x332.png 768w, https://cryptopotato.com/wp-content/uploads/2022/07/BTCUSD-3-1536x664.png 1536w, https://cryptopotato.com/wp-content/uploads/2022/07/BTCUSD-3-50x22.png 50w" sizes="(max-width: 1791px) 100vw, 1791px" /></a><figcaption id="caption-attachment-201623" class="wp-caption-text"><a href="https://www.tradingview.com/symbols/BTCUSD/" data-wpel-link="external" target="_blank">BTCUSD</a>. Source: TradingView</figcaption></figure> <h2>Altcoins Stand Still</h2> <p>Similar to BTC, most of the altcoins are untypically stable and have been so for days. Ethereum, for example, continues to trade at around $1,050. Until the start of the weekend, ETH was close to breaking below $1,000, and before that stood above $1,100.</p> <p>BNB is still just under $220, ADA is at $0.45, and MATIC is down by 4% on a daily scale. In contrast, Ripple, Solana, Dogecoin, Polkadot, and Shiba Inu have marked insignificant gains.</p> <p>TRON has surged the most (4.3%) in a day and trades north of $0.065. LEO is up by almost 3% and is close to $6. From the lower- and mid-cap alts, The Sandbox has seen the most impressive increase of 5%.</p> <p>The cumulative market cap of all crypto assets has also remained stagnant at just over $850 billion.</p> <figure id="attachment_201624" aria-describedby="caption-attachment-201624" style="width: 1890px" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2022/07/Allcoins-2.jpg" data-wpel-link="internal"><img class="size-full wp-image-201624" src="https://cryptopotato.com/wp-content/uploads/2022/07/Allcoins-2.jpg" alt="Cryptocurrency Market Overview. Source: Quantify Crypto" width="1890" height="564" srcset="https://cryptopotato.com/wp-content/uploads/2022/07/Allcoins-2.jpg 1890w, https://cryptopotato.com/wp-content/uploads/2022/07/Allcoins-2-300x90.jpg 300w, https://cryptopotato.com/wp-content/uploads/2022/07/Allcoins-2-1024x306.jpg 1024w, https://cryptopotato.com/wp-content/uploads/2022/07/Allcoins-2-768x229.jpg 768w, https://cryptopotato.com/wp-content/uploads/2022/07/Allcoins-2-1536x458.jpg 1536w, https://cryptopotato.com/wp-content/uploads/2022/07/Allcoins-2-50x15.jpg 50w" sizes="(max-width: 1890px) 100vw, 1890px" /></a><figcaption id="caption-attachment-201624" class="wp-caption-text">Cryptocurrency Market Overview. Source: Quantify Crypto</figcaption></figure> Former Google CEO Eric Schmidt Is Skeptical About the Metaverse Concept https://news.bitcoin.com/former-google-ceo-eric-schmidt-is-skeptical-about-metaverse-concept/ Bitcoin News urn:uuid:c8d7d056-4818-a6ed-2733-09c140012db0 Mon, 04 Jul 2022 08:30:26 +0000 <img width="696" height="392" src="https://static.news.bitcoin.com/wp-content/uploads/2022/07/shutterstock_182167508.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="eric schmidt" style="float:left; margin:0 15px 15px 0;" />Eric Schmidt, who was CEO of Google, has declared that there is confusion about the concept of the metaverse and what it means for people. Schmidt stated that, even with a company like the former Facebook pivoting its operations to occupy the metaverse market, there is still not a clear definition of the concept and [&#8230;] <img width="696" height="392" src="https://static.news.bitcoin.com/wp-content/uploads/2022/07/shutterstock_182167508.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="eric schmidt" loading="lazy" style="float:left; margin:0 15px 15px 0;" /><p><strong>Eric Schmidt, who was CEO of Google, has declared that there is confusion about the concept of the metaverse and what it means for people. Schmidt stated that, even with a company like the former Facebook pivoting its operations to occupy the metaverse market, there is still not a clear definition of the concept and how it will affect people&#x2019;s lives.</strong></p>&#13; <h2 style="text-align: center;">Metaverse Still Not Defined, According to Google&#x2019;s Former CEO Eric Schmidt</h2>&#13; <p>While there has been a considerable number of companies and firms that are already putting funds into and betting on the growth of the concept of the metaverse, not everyone is so convinced about the subject. Eric Schmidt, an entrepreneur that was formerly CEO of tech giant Google from 2001 to 2011, is in this latter group. Schmidt has expressed a degree of skepticism when it comes to the importance and adoption that this new tech may take on in the future.</p>&#13; <p>This week, at an event in Colorado, Schmidt expressed his thoughts about the metaverse. He <a href="https://www.cnbc.com/2022/07/01/ex-google-ceo-eric-schmidt-theres-no-definition-of-the-metaverse-yet.html" target="_blank" rel="noopener">declared</a>:</p>&#13; <blockquote>&#13; <p>There&#x2019;s not an agreement on what the metaverse is, even though one company has changed its name in anticipation of defining it.</p>&#13; </blockquote>&#13; <p>Schmidt was ostensibly referencing the step that Meta, formerly known as Facebook, took while pivoting to include metaverse tech as one of the pillars of its operation. Last year, the entrepreneur also took another dig at Facebook, <a href="https://www.cnbc.com/2021/11/02/former-google-ceo-eric-schmidt-skeptical-facebook-will-build-metaverse.html" target="_blank" rel="noopener">stating</a> that he didn&#x2019;t think Meta would be the company to shape the metaverse, even if the form it will take is yet undetermined.</p>&#13; &#13; <h2 style="text-align: center;">Metaverse Land and Investments</h2>&#13; <p>However, companies and even countries are already very invested in the metaverse, a technology that is currently associated with VR and AR (augmented reality) technologies, and apps that use them. One of the first countries that has considered the metaverse as a key tech for the future is South Korea, which <a href="https://news.bitcoin.com/south-korea-to-invest-177-million-directly-in-metaverse-platforms/" target="_blank" rel="noopener">announced</a> in May it would allocate $177 million directly to metaverse platforms, with the idea of kickstarting national companies with an interest in the technology.</p>&#13; <p>Real estate in the metaverse has also been considered a controversial subject by Schmidt. On the issue, he stated:</p>&#13; <blockquote>&#13; <p>I&#x2019;m not worried about buying large swaths of private real estate in the metaverse myself. It&#x2019;s not a concern I have every day.</p>&#13; </blockquote>&#13; <p>However, according to Metametric Solutions, a metaverse analytics company, sales of real estate properties in the metaverse are <a href="https://news.bitcoin.com/metaverse-real-estate-sales-expected-to-reach-1-billion-this-year/" target="_blank" rel="noopener">expected</a> to reach $1 billion this year.</p>&#13; <p><em><strong>What do you think of the opinion of Former Google CEO Eric Schmidt on the metaverse? Tell us in the comments section below.</strong></em></p>&#13; LBank Exchange Will List DOTORI (DTR) on July 4, 2022 https://www.livebitcoinnews.com/lbank-exchange-will-list-dotori-dtr-on-july-4-2022/ Live Bitcoin News urn:uuid:49ff1fc9-5fd4-367a-faab-9ccc9618d39c Mon, 04 Jul 2022 08:26:43 +0000 <p>INTERNET CITY, DUBAI, Jul. 1, 2022 – LBank Exchange, a global digital asset trading platform, will list DOTORI (DTR) on July 4, 2022. For all users of LBank Exchange, the DTR/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on July 4, 2022. As one of South Korea’s best-known SNS platforms, Cyworld<a class="read-more" href="https://www.livebitcoinnews.com/lbank-exchange-will-list-dotori-dtr-on-july-4-2022/" data-wpel-link="internal">...</a></p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/lbank-exchange-will-list-dotori-dtr-on-july-4-2022/">LBank Exchange Will List DOTORI (DTR) on July 4, 2022</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> <p>INTERNET CITY, DUBAI, Jul. 1, 2022 – LBank Exchange, a global digital asset trading platform, will list DOTORI (DTR) on July 4, 2022. For all users of LBank Exchange, the DTR/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on July 4, 2022.</p> <p>As one of South Korea’s best-known SNS platforms, Cyworld launched a cryptocurrency called <a href="https://coinmarketcap.com/currencies/dotori" data-wpel-link="external" target="_blank" rel="nofollow noopener">DOTORI</a> (DTR) so that it can be used throughout its mobile SNS service and metaverse. The DTR token will be listed on LBank Exchange at 16:00 (UTC+8) on July 4, 2022, to further expand its global reach and help it achieve its vision.</p> <p><strong>Introducing </strong><strong>Cyworld</strong></p> <p>Cyworld is one of the most well-known SNS services in South Korea with 32 million users which account for 80% of the total Korean population. It’s a first generation SNS platform, the Facebook before Facebook, being one of the first services to commercially adopt the concept of metaverse, use a digital currency and also profit from the sales of virtual goods.</p> <p>Cyworld introduced the idea of “Dotori”, which means acorn in Korean, as a cybercurrency, long before the current metaverse and cryptocurrency wave. Users decorated their avatars, personal pages with background music and pixelated items, using the cybercurrency purchased with real money. Cyworld at its prime generated USD 300K/day (3 million units) just from the sales of the &#8220;Dotori&#8221; alone.</p> <p>Now Cyworld is developing a cryptocurrency called DOTORI (DTR) to create a global lifecycle blockchain. The DTR token is utility token that can be used throughout the mobile SNS service and metaverse as well, just as the cybercurrency &#8216;Dotori&#8217; was used, only with more possibilities.</p> <p>Cyworld has re-launched its mobile version (Android &amp; iOS) on April 2, 2022 and recorded no.1 downloads in both markets. 6 million users have already re-activated their accounts and it is expected that the mass of Koreans will be re-connected with Cyworld’s mobile service. There are currently 17 billion images, 8.6 billion posts, 2 billion diary notes, 700 million background music download data, and 300 million videos in Cyworld, and the data continues to grow rapidly on a daily basis.</p> <p>In addition, Cyworld boasts robust partnership with global enterprises such as Samsung, Lotte, Bighit music and also major media outlets, and received investment from renowned Crypto VCs.</p> <p><strong>About DTR Token</strong></p> <p>DOTORI (DTR) is an ERC-20 based native utility token which can be used as a common currency throughout the Cyworld platform, and users can use the “DOTORI” to purchase various digital contents in the mobile SNS service and 3D metaverse platform.</p> <p>The total supply of DTR is 10 billion (i.e. 10,000,000,000) tokens, of which 40% is provided for the ecosystem, 20% is allocated to partners, 17% is allocated to the team and founders, 10% will be used for invigorating market, 5% is provided for operating, another 5% is distributed for community bounty, and the rest 3% is allocated to the advisor.</p> <p>The DTR token will be listed on LBank Exchange at 16:00 (UTC+8) on July 4, 2022, investors who are interested in Cyworld investment can easily buy and sell DTR token on LBank Exchange by then. The listing of DTR token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.</p> <p><strong>Learn More about</strong> <strong>DTR Token:</strong></p> <p>Official Website: <a href="https://www.cyworld.com/" data-wpel-link="external" target="_blank" rel="nofollow noopener">https://www.cyworld.com/</a><br /> Telegram: <a href="https://t.me/CyworldOfficial" data-wpel-link="external" target="_blank" rel="nofollow noopener">https://t.me/CyworldOfficial</a><br /> Twitter: <a href="https://twitter.com/CyworldOfficial" data-wpel-link="exclude" target="_blank" rel="follow noopener">https://twitter.com/CyworldOfficial</a></p> <p><strong>About LBank Exchange</strong></p> <p>LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users from now more than 210 regions around the world.</p> <p><strong>Start Trading Now:</strong> <a href="https://www.lbank.info/" data-wpel-link="external" target="_blank" rel="nofollow noopener">lbank.info</a></p> <p><strong>Community &amp; Social Media: </strong></p> <p>l   <a href="https://t.me/LBank_en" data-wpel-link="external" target="_blank" rel="nofollow noopener">Telegram</a><br /> l   <a href="https://twitter.com/LBank_Exchange" data-wpel-link="exclude" target="_blank" rel="follow noopener">Twitter</a><br /> l   <a href="https://www.facebook.com/LBank.info" data-wpel-link="exclude" target="_blank" rel="follow noopener">Facebook</a><br /> l   <a href="https://www.linkedin.com/company/lbank" data-wpel-link="external" target="_blank" rel="nofollow noopener">LinkedIn</a><br /> l   <a href="https://www.instagram.com/lbank_exchange/" data-wpel-link="external" target="_blank" rel="nofollow noopener">Instagram</a><br /> l   <a href="https://www.youtube.com/c/LBankExchange" data-wpel-link="exclude" target="_blank" rel="follow noopener">YouTube</a></p> <p><strong>Contact Details:</strong></p> <p>LBK Blockchain Co. Limited<br /> LBank Exchange<br /> <a href="mailto:marketing@lbank.info">marketing@lbank.info</a><br /> <a href="mailto:business@lbank.info">business@lbank.info</a></p> <p>&nbsp;</p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/lbank-exchange-will-list-dotori-dtr-on-july-4-2022/">LBank Exchange Will List DOTORI (DTR) on July 4, 2022</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> WorldPF (WDPF) Is Now Available for Trading on LBank Exchange https://www.livebitcoinnews.com/worldpf-wdpf-is-now-available-for-trading-on-lbank-exchange/ Live Bitcoin News urn:uuid:e0a5f7a6-7ecd-2ca1-7929-3d47dd94e6c3 Mon, 04 Jul 2022 08:21:59 +0000 <p>INTERNET CITY, DUBAI, Jul. 1, 2022 – LBank Exchange, a global digital asset trading platform, has listed WorldPF (WDPF) on July 1, 2022. For all users of LBank Exchange, the WDPF/USDT trading pair is now officially available for trading. With its blockchain based equity investment method, WorldPF (WDPF) enables users to participate in large-scale global<a class="read-more" href="https://www.livebitcoinnews.com/worldpf-wdpf-is-now-available-for-trading-on-lbank-exchange/" data-wpel-link="internal">...</a></p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/worldpf-wdpf-is-now-available-for-trading-on-lbank-exchange/">WorldPF (WDPF) Is Now Available for Trading on LBank Exchange</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> <p>INTERNET CITY, DUBAI, Jul. 1, 2022 – LBank Exchange, a global digital asset trading platform, has listed WorldPF (WDPF) on July 1, 2022. For all users of LBank Exchange, the WDPF/USDT trading pair is now officially available for trading.</p> <p>With its blockchain based equity investment method, <a href="https://etherscan.io/token/0x8B9b4c7eb200b17Af4E90461E2DCAbdAAFe2fC56" data-wpel-link="external" target="_blank" rel="nofollow noopener">WorldPF</a> (WDPF) enables users to participate in large-scale global construction projects and get rewards as the projects succeed. Its native token WDPF has been listed on LBank Exchange at 13:00 (UTC+8) on July 1, 2022, to further expand its global reach and help it achieve its vision.</p> <p><strong>Introducing WorldPF</strong></p> <p>Participating in both corporations and governments run global construction projects usually create stable and high profits yet individuals have been unable to participate due to the astronomical size of the funds.</p> <p>WorldPF provides blockchain based equity investment method, enabling users to participate in global project financing (PF) with a small fund. Through WorldPF, users can become the owner of their own global construction project and secure a stable source of income.</p> <p>Designed based on Ethereum ERC20 that guarantees data integrity, WorldPF ensures that all information such as materials and project schedules of participating organizations in project financing are shared in real time through blockchain, enabling transparent projects. Based on the secured transparency, the project schedule, construction period, material supply and demand, construction cost, legal issues, and delivery date are all controlled and optimized, making it possible to build a construction project with the highest yield.</p> <p>In WorldPF, all project members&#8217; personnel, resources, funds, plans, etc. are all shared and processed in real time. Lobbying funds and fraudulent profits that hinder the project&#8217;s profitability are blocked at the source. Furthermore, the process and cost of all projects are transparently disclosed in real time, so no small part is wasted, and the optimized schedule is carried out without unnecessary extension of the delivery date. All transparency and accuracy lead to a shorter timeframe, which greatly improves the profitability of the project itself.</p> <p>Aiming to open a new era in the PF industry, WorldPF will continuously expand blockchain PF in order to increase the reliability and profitability of the overall business, and to provide ordinary individuals with a new paradigm for asset growth though small equity investments.</p> <p><strong>About WDPF Token</strong></p> <p>WDPF is a central company in global construction, and funds execution has been designed to motivate all investors and participating institutions equally by putting the greatest emphasis on user rewards</p> <p>Based on ERC-20, WDPF has a total supply of 400 million (i.e. 400,000,000) tokens, of which 20% is provided for token sale, another 20% is provided for inventive rewards, another 20% is reserved for environmental pollution prevention cost, 10% is allocated for international law firm employment, another 10% is provided for participant reward, another 10% is distributed for PF basic business price, and the rest 10% is allocated to the team.</p> <p>The WDPF token has been listed on LBank Exchange at 13:00 (UTC+8) on July 1, 2022, investors who are interested in WorldPF investment can easily buy and sell WDPF token on LBank Exchange by right now. The listing of WDPF token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.</p> <p><strong>Learn More about</strong> <strong>WDPF Token:</strong></p> <p>Official Website: <a href="http://worldpf.io/index_eng.html" data-wpel-link="external" target="_blank" rel="nofollow noopener">http://worldpf.io/index_eng.html</a><br /> Telegram: <a href="https://t.me/worldpf_official" data-wpel-link="external" target="_blank" rel="nofollow noopener">https://t.me/worldpf_official</a></p> <p><strong>About LBank Exchange</strong></p> <p>LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users from now more than 210 regions around the world.</p> <p><strong>Start Trading Now:</strong> <a href="https://www.lbank.info/" data-wpel-link="external" target="_blank" rel="nofollow noopener">lbank.info</a></p> <p><strong>Community &amp; Social Media: </strong></p> <p>l   <a href="https://t.me/LBank_en" data-wpel-link="external" target="_blank" rel="nofollow noopener">Telegram</a><br /> l   <a href="https://twitter.com/LBank_Exchange" data-wpel-link="exclude" target="_blank" rel="follow noopener">Twitter</a><br /> l   <a href="https://www.facebook.com/LBank.info" data-wpel-link="exclude" target="_blank" rel="follow noopener">Facebook</a><br /> l   <a href="https://www.linkedin.com/company/lbank" data-wpel-link="external" target="_blank" rel="nofollow noopener">LinkedIn</a><br /> l   <a href="https://www.instagram.com/lbank_exchange/" data-wpel-link="external" target="_blank" rel="nofollow noopener">Instagram</a><br /> l   <a href="https://www.youtube.com/c/LBankExchange" data-wpel-link="exclude" target="_blank" rel="follow noopener">YouTube</a></p> <p><strong>Contact Details:</strong></p> <p>LBK Blockchain Co. Limited<br /> LBank Exchange<br /> <a href="mailto:marketing@lbank.info">marketing@lbank.info</a><br /> <a href="mailto:business@lbank.info">business@lbank.info</a></p> <p>&nbsp;</p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/worldpf-wdpf-is-now-available-for-trading-on-lbank-exchange/">WorldPF (WDPF) Is Now Available for Trading on LBank Exchange</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> Solana (SOL) Stuck Below $33 In Past Days As Bearish Pressure Still Intact https://www.newsbtc.com/news/solana-stuck-below-33/ NewsBTC urn:uuid:7b970ee2-e42a-98e5-8eb7-59fbe088e968 Mon, 04 Jul 2022 08:09:25 +0000 The price of Solana (SOL) has been unable to break out of a tight range between $32 and $33 during the past few days. As of this writing, SOL is trading at $32.72, down 16.5% in the last seven days &#8211; and around the same level it was trading Friday, data from Coingecko show, Monday. According to analysts, the lack of price movement in Solana suggests that the market is uncertain about the direction of the cryptocurrency. Suggested Reading &#124; Litecoin (LTC) Drops Below $50 After Consistent Bearish Squeeze Solana Can&#8217;t Extricate Itself Past $33 The Solana coin&#8217;s retracement phase entered the red zone this week, as purchasers lost almost 20% of their investment. The bearish trend appears unbroken as prices have been unable to surpass the $33 resistance level. The subsequent level of support is $30, where prices found support earlier this week. If this level is broken, Solana prices could tumble to $28. The bears were able to close a daily candle below the 20-day simple moving average (SMA), which also worked as short-term resistance, on Saturday evening. On the same night, Solana&#8217;s market capitalization again fell below $11 billion, which translates to a 10 percent decline. Bears are active near the $43 resistance level, while the bulls are seeking to post a bullish comeback for the Solana currency. In response to the roller coaster ride, the bulls were twice rejected near the point of resistance. SOL total market cap at $11.23 billion on the daily chart &#124; Source: TradingView.com SOL Shed Over 25% Of Its Value In Past Week Likewise, Solana&#8217;s trading volume has been rather modest and stands at $620,821,685 at present. The bulls have attempted to drive prices higher, but have thus far been unsuccessful. SOL has lost more than a quarter of its value in the previous week. This downturn began when the price was repelled at $44, a significant resistance level. The increased sell volume is placing a severe burden on the bulls, who now seem absent from the market. Market observers anticipate a reaction if the price approaches a major support level. Suggested Reading &#124; Dogecoin (DOGE) Could Use Some Lift – An Elon Musk Tweet, Perhaps? Meanwhile, Crema Finance joins the list of protocols running on the Solana blockchain that have been compromised. In the early hours of Sunday, the liquidity protocol took to Twitter to warn users that all network activity had been canceled as a result of the attack. This year, the Solana network has been plagued by a series of setbacks and chain exploits. Moreover, the network&#8217;s protocols have degraded. According to a survey by Atlas VPN, the Solana ecosystem suffered five hacking incidents costing $397 million in the first three months of this year. Featured image from Crypto News AU, chart from TradingView.com <p>The price of Solana (SOL) has been unable to break out of a tight range between $32 and $33 during the past few days.</p> <p>As of this writing, SOL is trading at $32.72, down 16.5% in the last seven days &#8211; and around the same level it was trading Friday, data from Coingecko show, Monday.</p> <p>According to analysts, the lack of price movement in Solana suggests that the market is uncertain about the direction of the cryptocurrency.</p> <p style="text-align: center">Suggested Reading | Litecoin (LTC) Drops Below $50 After Consistent Bearish Squeeze</p> Solana Can&#8217;t Extricate Itself Past $33 <p>The Solana coin&#8217;s retracement phase entered the red zone this week, as purchasers lost almost 20% of their investment. The bearish trend appears unbroken as prices have been unable to surpass the $33 resistance level.</p> <p>The subsequent level of support is $30, where prices found support earlier this week. If this level is broken, Solana prices could tumble to $28.</p> <p>The bears were able to close a daily candle below the 20-day simple moving average (SMA), which also worked as short-term resistance, on Saturday evening. On the same night, Solana&#8217;s market capitalization again fell below $11 billion, which translates to a 10 percent decline.</p> <p>Bears are active near the $43 resistance level, while the bulls are seeking to post a bullish comeback for the Solana currency. In response to the roller coaster ride, the bulls were twice rejected near the point of resistance.</p> <p></p> SOL total market cap at $11.23 billion on the daily chart | Source: TradingView.com SOL Shed Over 25% Of Its Value In Past Week <p>Likewise, Solana&#8217;s trading volume has been rather modest and stands at $620,821,685 at present. The bulls have attempted to drive prices higher, but have thus far been unsuccessful.</p> <p>SOL has lost more than a quarter of its value in the previous week. This downturn began when the price was repelled at $44, a significant resistance level.</p> <p>The increased sell volume is placing a severe burden on the bulls, who now seem absent from the market. Market observers anticipate a reaction if the price approaches a major support level.</p> <p style="text-align: center">Suggested Reading | Dogecoin (DOGE) Could Use Some Lift – An Elon Musk Tweet, Perhaps?</p> <p>Meanwhile, Crema Finance joins the list of protocols running on the Solana blockchain that have been compromised.</p> <p>In the early hours of Sunday, the liquidity protocol took to Twitter to warn users that all network activity had been canceled as a result of the attack.</p> <p>This year, the Solana network has been plagued by a series of setbacks and chain exploits. Moreover, the network&#8217;s protocols have degraded.</p> <p>According to a survey by Atlas VPN, the Solana ecosystem suffered five hacking incidents costing $397 million in the first three months of this year.</p> Featured image from Crypto News AU, chart from TradingView.com MicroNFT (MNT) Is Now Available for Trading on LBank Exchange https://www.livebitcoinnews.com/micronft-mnt-is-now-available-for-trading-on-lbank-exchange/ Live Bitcoin News urn:uuid:526411d9-c0a2-7b4b-f620-e378fea5f1c3 Mon, 04 Jul 2022 08:06:14 +0000 <p>INTERNET CITY, DUBAI, Jul. 1, 2022 – LBank Exchange, a global digital asset trading platform, has listed MicroNFT (MNT) on July 1, 2022. For all users of LBank Exchange, the MNT/USDT trading pair is now officially available for trading. As an NFT funding platform, MicroNFT (MNT) enables its user to jointly invest in expensive products<a class="read-more" href="https://www.livebitcoinnews.com/micronft-mnt-is-now-available-for-trading-on-lbank-exchange/" data-wpel-link="internal">...</a></p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/micronft-mnt-is-now-available-for-trading-on-lbank-exchange/">MicroNFT (MNT) Is Now Available for Trading on LBank Exchange</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> <p>INTERNET CITY, DUBAI, Jul. 1, 2022 – LBank Exchange, a global digital asset trading platform, has listed MicroNFT (MNT) on July 1, 2022. For all users of LBank Exchange, the MNT/USDT trading pair is now officially available for trading.</p> <p>As an NFT funding platform, <a href="https://etherscan.io/token/0xC7C36Ee729968944A86e0cD504DeCcd3B0eDBaE1" data-wpel-link="external" target="_blank" rel="nofollow noopener">MicroNFT</a> (MNT) enables its user to jointly invest in expensive products by purchasing NFTs through its native token MNT, while the proceeds from the issued NFT are distributed to the original creator and NFT holder. The MNT token has been listed on LBank Exchange at 18:00 (UTC+8) on July 1, 2022, to further expand its global reach and help it achieve its vision.</p> <p><strong>Introducing </strong><strong>MicroNFT</strong></p> <p>NFT issued based on distributed storage of blockchain guarantees reliability and stability, and transactions between individuals are possible based on smart contracts. MicroNFT is a NFT funding platform where the user can purchase NFT through MicroNFT token (MNT), and the proceeds from the issued NFT are distributed to the original creator and NFT holder. The famous social Instagram meal coupon NFT is sold at a high price on its NFT marketplace, and its NFT can participate in various events depending on the card grade, providing an opportunity to participate in social star&#8217;s goods products.</p> <p>MicroNFT provides a method of investing in expensive products that are burdensome for individuals to invest in alone or in products whose prices are expected to rise due to inflation because of the popularity of the products. Multiple investors can jointly invest in the product and get NFTs tokenized for the products in a proportionate way, which adds value to the NFTs and distributes profits through sales and rentals.</p> <p>Users can purchase MNT within the NFT market and invest in a variety of NFTs provided by the MicroNFT brokerage platform, including Instagram date coupon NFT, Instagram goods NFT, real estate NFT, figure NFT, and more. NFTs issued as date meal tickets, clothing, figures, images, and videos of famous social stars are sold on MicroNFT Market, and the proceeds are divided between the original artist and the holder. There’s also a Metaverse where users can meet Instagram stars and buy/sell real estate.</p> <p><strong>About MNT Token</strong></p> <p>As a multi-platform token based on ERC-20, BEP-20 and Polygon, MNT serves as the key currency in the MicroNFT platform and is a digital asset that can be used in the overall ecosystem. It can be purchased on digital asset exchanges or acquired as rewards within the platform.</p> <p>By holding MNT, platform ecosystem participants can secure their own right to profit on platform investment products. MNT tokens are also used to pay for platform fees, increase the number of investment participation, and raise the platform grade.</p> <p>The total supply of MNT is 1 billion (i.e. 1,000,000,000) tokens, of which 4% is provided for seed round, 7.2% is provided for private sale, 3.6% is provided for community sale, 0.2% is provided for IDO/IEO, 9% is allocated to the team, 5% is allocated to the advisor, another 5% is provided for partnership, 8% will be used for marketing, another 8% is provided for creator fund, 5% is provided for donation fund, 10% is distributed for the ecosystem, and the rest 35% is provided for mining.</p> <p>The MNT token has been listed on LBank Exchange at 18:00 (UTC+8) on July 1, 2022, investors who are interested in MicroNFT investment can easily buy and sell MNT token on LBank Exchange right now. The listing of MNT token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.</p> <p><strong>Learn More about</strong> <strong>MNT Token:</strong></p> <p>Official Website: <a href="http://www.micronft.info/index_en.html" data-wpel-link="external" target="_blank" rel="nofollow noopener">http://www.micronft.info/index_en.html</a><br /> Telegram: <a href="https://t.me/micro_NFT" data-wpel-link="external" target="_blank" rel="nofollow noopener">https://t.me/micro_NFT</a><br /> Twitter: <a href="https://twitter.com/MicronftO" data-wpel-link="exclude" target="_blank" rel="follow noopener">https://twitter.com/MicronftO</a><br /> Facebook: <a href="https://www.facebook.com/Micronft/" data-wpel-link="exclude" target="_blank" rel="follow noopener">https://www.facebook.com/Micronft/</a></p> <p><strong>About LBank Exchange</strong></p> <p>LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users from now more than 210 regions around the world.</p> <p><strong>Start Trading Now:</strong> <a href="https://www.lbank.info/" data-wpel-link="external" target="_blank" rel="nofollow noopener">lbank.info</a></p> <p><strong>Community &amp; Social Media: </strong></p> <p>l   <a href="https://t.me/LBank_en" data-wpel-link="external" target="_blank" rel="nofollow noopener">Telegram</a><br /> l   <a href="https://twitter.com/LBank_Exchange" data-wpel-link="exclude" target="_blank" rel="follow noopener">Twitter</a><br /> l   <a href="https://www.facebook.com/LBank.info" data-wpel-link="exclude" target="_blank" rel="follow noopener">Facebook</a><br /> l   <a href="https://www.linkedin.com/company/lbank" data-wpel-link="external" target="_blank" rel="nofollow noopener">LinkedIn</a><br /> l   <a href="https://www.instagram.com/lbank_exchange/" data-wpel-link="external" target="_blank" rel="nofollow noopener">Instagram</a><br /> l   <a href="https://www.youtube.com/c/LBankExchange" data-wpel-link="exclude" target="_blank" rel="follow noopener">YouTube</a></p> <p><strong>Contact Details:</strong></p> <p>LBK Blockchain Co. Limited<br /> LBank Exchange<br /> <a href="mailto:marketing@lbank.info">marketing@lbank.info</a><br /> <a href="mailto:business@lbank.info">business@lbank.info</a></p> <p>&nbsp;</p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/micronft-mnt-is-now-available-for-trading-on-lbank-exchange/">MicroNFT (MNT) Is Now Available for Trading on LBank Exchange</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> LBank Exchange Will List LuckyCoin (LKC) on July 4, 2022 https://www.livebitcoinnews.com/lbank-exchange-will-list-luckycoin-lkc-on-july-4-2022/ Live Bitcoin News urn:uuid:f6f51e8c-14eb-3e94-2299-7ae5145b92cc Mon, 04 Jul 2022 08:00:12 +0000 <p>INTERNET CITY, DUBAI, Jun. 30, 2022 – LBank Exchange, a global digital asset trading platform, will list LuckyCoin (LKC) on July 4, 2022. For all users of LBank Exchange, the LKC/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on July 4, 2022. Coming from the Phoenix platform, LuckyCoin (LKC) is here<a class="read-more" href="https://www.livebitcoinnews.com/lbank-exchange-will-list-luckycoin-lkc-on-july-4-2022/" data-wpel-link="internal">...</a></p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/lbank-exchange-will-list-luckycoin-lkc-on-july-4-2022/">LBank Exchange Will List LuckyCoin (LKC) on July 4, 2022</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> <p>INTERNET CITY, DUBAI, Jun. 30, 2022 – LBank Exchange, a global digital asset trading platform, will list LuckyCoin (LKC) on July 4, 2022. For all users of LBank Exchange, the LKC/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on July 4, 2022.</p> <p>Coming from the Phoenix platform, <a href="https://bscscan.com/token/0x2002F7c235FEdC8aCbFbbF0479527Eb59d8F5DC7" data-wpel-link="external" target="_blank" rel="nofollow noopener">LuckyCoin</a> (LKC) is here to bring people out of the post-pandemic economic crisis with its financial services, lottery features, and more. Its native token LKC will be listed on LBank Exchange at 18:00 (UTC+8) on July 4, 2022, to further expand its global reach and help it achieve its vision.</p> <p><strong>Introducing </strong><strong>LuckyCoin</strong></p> <p>EF GLOBAL VTOL LLC was founded by successful entrepreneurs all over the world to transform the application potential of eVTOL (electrical Vertical Take Off and Landing) technology into reality. The team members are from the United States, Latin America, the Middle East and Asia who are interested in new trends and technologies that can change the world. The concept of Phoenix and the related cryptocurrency LuckyCoin (LKC) are born from that ambition.</p> <p>Like a fire Phoenix resurrecting from the ashes, spreading its wings to the sky and shining as bright as the sun, LuckyCoin is an opportunity for an economy to emerge from the pandemic, getting stronger after overcoming the test of nature.</p> <p>Building a community of companions that walk together in finance and get rich together, LuckyCoin brings people out of the post-pandemic economic crisis, like a phoenix rising from the ashes, changing to become richer and more prosperous. With a mission to support and develop the community, LuckyCoin wants to bring the message that: &#8220;Wherever there is LuckyCoin &#8211; financial services for the community, there is prosperity and luck&#8221;.</p> <p>In addition, with its lottery features, users will be able to purchase lottery tickets for the opportunity of winning rewards. Users with a minimum value of 50,000 LKC per account will be able to buy an unlimited number of tickets, but up to 100 tickets at a time (1 purchase), and enjoy discounts when buying it.</p> <p>LuckyCoin has maximum security protection and is developed based on the great progress of blockchain technology. Its exchange system and distributed lottery is extremely smart, transparent and safe to bring maximum benefits to all participants and to the community. With all these services and feature, LuckyCoin will help EF GLOBAL VTOL LLC become a leading brand in online game services and in application of Urban Air Mobility (UAM) using eVTOL technology.</p> <p><strong>About LKC Token</strong></p> <p>Based on BEP-20, LKC has a total supply of 1 quadrillion (i.e. 1,000,000,000,000,000) tokens, of which 38% is provided for community, 15% is allocated to founders, 5% is allocated to technical team, 15% is provided for concentrated sales, 10% is allocated to development team, 5% will be used for marketing, 10% is provided for service and production, and the rest 2% is allocated for legal and advisory cost.</p> <p>The LKC token will be listed on LBank Exchange at 18:00 (UTC+8) on July 4, 2022, investors who are interested in LuckyCoin investment can easily buy and sell LKC token on LBank Exchange by then. The listing of LKC token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.</p> <p><strong>Learn More about</strong> <strong>LKC Token:</strong></p> <p>Official Website: <a href="https://www.luckyico.com" data-wpel-link="external" target="_blank" rel="nofollow noopener">https://www.luckyico.com</a><br /> Telegram: <a href="https://t.me/lkcofficial" data-wpel-link="external" target="_blank" rel="nofollow noopener">https://t.me/lkcofficial</a><br /> YouTube: <a href="https://youtube.com/channel/UCoGVniydEQzyWJ1TIoWAnOw" data-wpel-link="exclude" target="_blank" rel="follow noopener">https://youtube.com/channel/UCoGVniydEQzyWJ1TIoWAnOw</a><br /> Facebook: <a href="https://www.facebook.com/groups/3002227206705073/?ref=share" data-wpel-link="exclude" target="_blank" rel="follow noopener">https://www.facebook.com/groups/3002227206705073/?ref=share</a></p> <p><strong>About LBank Exchange</strong></p> <p>LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users from now more than 210 regions around the world.</p> <p><strong>Start Trading Now:</strong> <a href="https://www.lbank.info/" data-wpel-link="external" target="_blank" rel="nofollow noopener">lbank.info</a></p> <p><strong>Community &amp; Social Media: </strong></p> <p>l   <a href="https://t.me/LBank_en" data-wpel-link="external" target="_blank" rel="nofollow noopener">Telegram</a><br /> l   <a href="https://twitter.com/LBank_Exchange" data-wpel-link="exclude" target="_blank" rel="follow noopener">Twitter</a><br /> l   <a href="https://www.facebook.com/LBank.info" data-wpel-link="exclude" target="_blank" rel="follow noopener">Facebook</a><br /> l   <a href="https://www.linkedin.com/company/lbank" data-wpel-link="external" target="_blank" rel="nofollow noopener">LinkedIn</a><br /> l   <a href="https://www.instagram.com/lbank_exchange/" data-wpel-link="external" target="_blank" rel="nofollow noopener">Instagram</a><br /> l   <a href="https://www.youtube.com/c/LBankExchange" data-wpel-link="exclude" target="_blank" rel="follow noopener">YouTube</a></p> <p><strong>Contact Details:</strong></p> <p>LBK Blockchain Co. Limited<br /> LBank Exchange<br /> <a href="mailto:marketing@lbank.info">marketing@lbank.info</a><br /> <a href="mailto:business@lbank.info">business@lbank.info</a></p> <p>&nbsp;</p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/lbank-exchange-will-list-luckycoin-lkc-on-july-4-2022/">LBank Exchange Will List LuckyCoin (LKC) on July 4, 2022</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> ViaBTC’s Sixth-Anniversary Events Come to a Successful End, Bringing Tens of Thousands of Users to a Crypto Carnival https://www.newsbtc.com/news/company/viabtcs-sixth-anniversary-events-come-to-a-successful-end-bringing-tens-of-thousands-of-users-to-a-crypto-carnival/ NewsBTC urn:uuid:8f4d5b33-3592-0145-ece6-d4505fd12ecc Mon, 04 Jul 2022 07:52:22 +0000 As the official event “Collect Cards to Share $50,000 Bonus” ends on ViaBTC&#8217;s website, the sixth-anniversary events that lasted for more than 40 days are drawing to a close. During this period, ViaBTC has celebrated its sixth-birthday along with tens of thousands of crypto enthusiasts, sharing joy and expressing gratitude to those who have stood by, believed in, and supported ViaBTC for the past six years. Were you reminded of the beautiful moment when you first met ViaBTC in the event “Share Your ViaBTC Memories”? ViaBTC’s story started in June 2016 when founder Haipo Yang completed all the coding and deployment of ViaBTC Pool in just two months, bringing it to the general users. Up to now, ViaBTC has made creative breakthroughs one after another, which marks the collective memory of both this pool and its users along the journey of growth. &#160; Have you ever felt ViaBTC’s efforts to keep up with the crypto world through “The BTC Prices You Don’t Know” event? ViaBTC Pool was born when Bitcoin hit the bottom price of merely $500. Back in those days, the public bombarded this cryptocurrency and blockchain, and was pessimistic about their future. Still, committed to its mission of “Via Blockchain, Making the World a Better Place”, ViaBTC focuses on providing better mining services for users with concerted efforts. So when Bitcoin and the entire crypto world ushered in a boom, ViaBTC has already become the world’s top comprehensive crypto mining pool. With mining services for dozens of cryptocurrencies including BTC, ETH, and LTC as well as innovative financial products, it offers a secure and stable one-stop mining service to over one million users in more than 130 countries/regions around the world. Were you impressed by the “V”, “i”, “a”, “B”, “T”, and “C” cards in the event “Collect Cards to Share $50,000 Bonus”? This event officially kicked off on June 2. Users can join the lottery to share a $50,000 bonus after collecting the six cards of “V”, “i”, “a”, “B”, “T”, and “C”, each with distinct features. Many of you might have noticed that each card presents the introduction of ViaBTC’s unique features after you click on it. In the past six years, ViaBTC has rolled out many premium innovative features, including Transaction Acceleration, Smart Mining, Hedging Service &#38; Crypto Loans, Auto Conversion, Revenue Sharing, and Auto Withdrawal, aiming to provide users with secure, stable, efficient, convenient, and user-friendly products and services. Did you regain your commitment to and faith in the crypto industry against the recent market downturns through the letter “Born with Faith, May We Stand Fearless Together”? The crypto world is still in its infancy, so the road forward must be full of thorns, which has scared away numerous users and sifted out many institutions in the early days. The crypto world still has a long way to go, and ViaBTC will also experience many hardships and challenges in the future. Despite that, we always believe in the rosy prospect of blockchain, and will never cease our steps forward in the face of the ups and downs of the market. The sixth-anniversary events have come to a successful conclusion, yet for ViaBTC, a new journey has just begun. Instead of being content with Bitcoin mining service alone, we have provided up to 17 mining services that cover most of the mainstream PoW cryptos on the market; with ambitions beyond the mining pool business, we have set up five major business segments spanning the mining pool, exchange, wallet, CSC and investment, all of which constitute an all-encompassing ecosystem covering products, tools, and investment. ViaBTC enjoys infinite possibilities in the future. Dedicated to the mission of “Via Blockchain, Making the World a Better Place”, we will catalyze the innovation and progress of the blockchain industry through advanced financial technology, and join hands with users to create another six years of glory in the new era of blockchain. &#160; <p>As the official event “Collect Cards to Share $50,000 Bonus” ends on ViaBTC&#8217;s website, the sixth-anniversary events that lasted for more than 40 days are drawing to a close. During this period, ViaBTC has celebrated its sixth-birthday along with tens of thousands of crypto enthusiasts, sharing joy and expressing gratitude to those who have stood by, believed in, and supported ViaBTC for the past six years.</p> <p>Were you reminded of the beautiful moment when you first met ViaBTC in the event “Share Your ViaBTC Memories”? ViaBTC’s story started in June 2016 when founder Haipo Yang completed all the coding and deployment of ViaBTC Pool in just two months, bringing it to the general users. Up to now, ViaBTC has made creative breakthroughs one after another, which marks the collective memory of both this pool and its users along the journey of growth.</p> <p></p> <p>&nbsp;</p> <p>Have you ever felt ViaBTC’s efforts to keep up with the crypto world through “The BTC Prices You Don’t Know” event? ViaBTC Pool was born when Bitcoin hit the bottom price of merely $500. Back in those days, the public bombarded this cryptocurrency and blockchain, and was pessimistic about their future. Still, committed to its mission of “Via Blockchain, Making the World a Better Place”, ViaBTC focuses on providing better mining services for users with concerted efforts.</p> <p></p> <p>So when Bitcoin and the entire crypto world ushered in a boom, ViaBTC has already become the world’s top comprehensive crypto mining pool. With mining services for dozens of cryptocurrencies including BTC, ETH, and LTC as well as innovative financial products, it offers a secure and stable one-stop mining service to over one million users in more than 130 countries/regions around the world.</p> <p>Were you impressed by the “V”, “i”, “a”, “B”, “T”, and “C” cards in the event “Collect Cards to Share $50,000 Bonus”? This event officially kicked off on June 2. Users can join the lottery to share a $50,000 bonus after collecting the six cards of “V”, “i”, “a”, “B”, “T”, and “C”, each with distinct features.</p> <p></p> <p>Many of you might have noticed that each card presents the introduction of ViaBTC’s unique features after you click on it. In the past six years, ViaBTC has rolled out many premium innovative features, including Transaction Acceleration, Smart Mining, Hedging Service &amp; Crypto Loans, Auto Conversion, Revenue Sharing, and Auto Withdrawal, aiming to provide users with secure, stable, efficient, convenient, and user-friendly products and services.</p> <p>Did you regain your commitment to and faith in the crypto industry against the recent market downturns through the letter “Born with Faith, May We Stand Fearless Together”? The crypto world is still in its infancy, so the road forward must be full of thorns, which has scared away numerous users and sifted out many institutions in the early days. The crypto world still has a long way to go, and ViaBTC will also experience many hardships and challenges in the future. Despite that, we always believe in the rosy prospect of blockchain, and will never cease our steps forward in the face of the ups and downs of the market.</p> <p>The sixth-anniversary events have come to a successful conclusion, yet for ViaBTC, a new journey has just begun. Instead of being content with Bitcoin mining service alone, we have provided up to 17 mining services that cover most of the mainstream PoW cryptos on the market; with ambitions beyond the mining pool business, we have set up five major business segments spanning the mining pool, exchange, wallet, CSC and investment, all of which constitute an all-encompassing ecosystem covering products, tools, and investment.</p> <p>ViaBTC enjoys infinite possibilities in the future. Dedicated to the mission of “Via Blockchain, Making the World a Better Place”, we will catalyze the innovation and progress of the blockchain industry through advanced financial technology, and join hands with users to create another six years of glory in the new era of blockchain.</p> <p>&nbsp;</p> Stellar Lumen (XLM) Price Could Dive If It Breaks This Support https://www.livebitcoinnews.com/stellar-lumen-xlm-price-could-dive-if-it-breaks-this-support/ Live Bitcoin News urn:uuid:ebfa0e68-792e-c7f7-b997-2defd5b10397 Mon, 04 Jul 2022 07:28:49 +0000 <p>Stellar lumen price started a fresh decline from the $0.1300 resistance against the US Dollar. XLM price is now trading below $0.1120 and the 55 simple moving average (4-hours). There is a key bearish trend line with resistance near $0.1120 on the 4-hours chart (data feed via Kraken). The pair could decline sharply if there<a class="read-more" href="https://www.livebitcoinnews.com/stellar-lumen-xlm-price-could-dive-if-it-breaks-this-support/" data-wpel-link="internal">...</a></p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/stellar-lumen-xlm-price-could-dive-if-it-breaks-this-support/">Stellar Lumen (XLM) Price Could Dive If It Breaks This Support</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> <ul> <li>Stellar lumen price started a fresh decline from the $0.1300 resistance against the US Dollar.</li> <li>XLM price is now trading below $0.1120 and the 55 simple moving average (4-hours).</li> <li>There is a key bearish trend line with resistance near $0.1120 on the 4-hours chart (data feed via Kraken).</li> <li>The pair could decline sharply if there is a clear break below the $0.1000 support zone.</li> </ul> <p><em>Stellar lumen price is trading below $0.1200 against the US Dollar, similar to <a href="https://www.livebitcoinnews.com/bitcoin-price-analysis-btc-faces-uphill-task-near-21k/" target="_blank" rel="noopener" data-wpel-link="internal">bitcoin</a>. XLM price must stay above the $0.1000 support to avoid a downside break.</em></p> <h2>Stellar Lumen Price Analysis (XLM to USD)</h2> <p>After forming a base above the $0.1050 level, stellar lumen price started a fresh increase against the US Dollar. The XLM/USD pair broke the $0.1120 resistance zone.</p> <p>The price even broke the $0.1200 resistance and the <a href="https://www.livebitcoinnews.com/stellar-lumen-xlm-price-could-gather-momentum-above-0-13/" target="_blank" rel="noopener" data-wpel-link="internal">55 simple moving average (4-hours)</a>. However, the bears remained active near the $0.1300 zone. A high was formed near the $0.1299 level and the price started a fresh decline.</p> <p>There was a clear move below the $0.1120 support. The price traded as low as $0.1030 and is currently consolidating losses. On the upside, the price is facing resistance near the $0.1100 zone. It is near the 23.6% Fib retracement level of the recent decline from the $0.1299 swing high to $0.1030 low.</p> <p>The next major resistance is near the $0.1150 level. There is also a key bearish trend line with resistance near $0.1120 on the 4-hours chart. The trend line is close to the 50% Fib retracement level of the recent decline from the $0.1299 swing high to $0.1030 low.</p> <p>A clear move above the $0.1150 level might send the price towards the $0.1250 level. Any more gains could lead the price towards the $0.1300 level.</p> <p>An initial support on the downside is near the $0.1030 level. The main support is near the $0.1000 zone. Any more losses could lead the price towards the $0.0880 level in the near term, below which the price might even test $0.0750.</p> <div id="attachment_72917" style="width: 1100px" class="wp-caption alignnone"><a href="https://www.livebitcoinnews.com/https://s3.amazonaws.com/lbn-s3/2022/07/Stellar-Lumen-XLM.png" data-wpel-link="internal"><img aria-describedby="caption-attachment-72917" class="size-large wp-image-72917" src="https://www.livebitcoinnews.com/https://s3.amazonaws.com/lbn-s3/2022/07/Stellar-Lumen-XLM-1100x507.png" alt="Stellar Lumen (XLM) Price" width="1100" height="507" /></a><p id="caption-attachment-72917" class="wp-caption-text">Stellar Lumen (XLM) Price</p></div> <p>The <a href="https://www.tradingview.com/symbols/XLMUSD/" target="_blank" rel="noopener nofollow" data-wpel-link="external">chart</a> indicates that XLM price is now trading below $0.1150 and the 55 simple moving average (4-hours). Overall, the price could decline sharply if there is a clear break below the $0.1000 support zone.</p> <h2>Technical Indicators</h2> <p>4 hours MACD – The MACD for XLM/USD is losing momentum in the bullish zone.</p> <p>4 hours RSI &#8211; The RSI for XLM/USD is now below the 50 level.</p> <p>Key Support Levels – $0.1030 and $0.1000.</p> <p>Key Resistance Levels – $0.1100, $0.1120 and $0.1150.</p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/stellar-lumen-xlm-price-could-dive-if-it-breaks-this-support/">Stellar Lumen (XLM) Price Could Dive If It Breaks This Support</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> Stellar (XLM) Trading is Now Available on the Kinesis Exchange https://cryptopotato.com/stellar-xlm-trading-is-now-available-on-the-kinesis-exchange/ CryptoPotato urn:uuid:c1e602a9-b788-fa08-f67d-eecea1332434 Mon, 04 Jul 2022 07:26:51 +0000 [PRESS RELEASE &#8211; London, United Kingdom, 1st July 2022] XLM, the 10th cryptocurrency listed, is now available to Kinesis users. XLM will be paired against 8 fiat pairs, including USD, GBP and EUR, as well as Kinesis&#8217; native stable coins based on physical gold (KAU) and silver (KAG) &#8211; enabling greater accessibility to the platform [&#8230;] <p><strong>[PRESS RELEASE &#8211; London, United Kingdom, 1st July 2022]</strong></p> <p>XLM, the 10th cryptocurrency listed, is now available to Kinesis users. XLM will be paired against 8 fiat pairs, including USD, GBP and EUR, as well as Kinesis&#8217; native stable coins based on physical gold (KAU) and silver (KAG) &#8211; enabling greater accessibility to the platform for cryptocurrency traders and investors.</p> <p>Alongside the existing pool of cryptocurrencies, XLM is spendable on the Kinesis Virtual Card &#8211; which allows users to spend their cryptocurrencies, gold or silver in real-time, globally.</p> <p>XLM’s listing was a natural choice, as Kinesis’ native digital gold and silver-based assets, KAU and KAG, are built on a fork of the Stellar blockchain.</p> <p>By leveraging the Stellar blockchain, Kinesis can deliver users faster, low-cost global remittances and instant payments in gold and silver via the Kinesis platform.</p> <p>Since its implementation in 2019, Stellar technology has allowed Kinesis users across the globe to instantly send and receive money using the stable value of physical gold and silver, while helping users to avoid the high costs and FX fees of traditional remittance provision.</p> <p>Jai Bifulco, Chief Commercial Officer at Kinesis, comments “Stellar’s addition to the Kinesis ecosystem is very welcome, as Kinesis has been a proud supporter of Stellar from its inception. With XLM listed on our platform, holders of stellar can now not only trade XLM but use the asset as a real-world currency. Additionally, Kinesis allows users to hedge in our native gold and silver-based assets, KAU and KAG, allowing the global crypto community to park their crypto profits in the stable value of gold, while the crypto market experiences volatility”</p> <h2>About Kinesis</h2> <p>Kinesis Money is a global digital asset utility platform that facilitates the trade, management and everyday spending of physical gold and silver-based digital assets and cryptocurrencies.</p> <p>Through its monetary system, users can earn yields on physical, allocated gold and silver and spend, save, trade, and redeem their precious metals anytime on a global, low-fee basis.</p> Fitmint’s Raises $1.6 Million in Their Goal to Get The World Working Out https://www.livebitcoinnews.com/fitmints-raises-1-6-million-in-their-goal-to-get-the-world-working-out/ Live Bitcoin News urn:uuid:0b3eb0e0-df72-1ab3-f6a7-f5cb6f776bad Mon, 04 Jul 2022 07:22:32 +0000 <p>Fitmint has announced the beta launch of their new move-to-earn app. Fitmint is a gamified, social approach to exercise that pays real-world rewards to users by simply making their body’s move. Fitmint, in the words of CEO Rohit Sharma, aims to ‘create a world where billions get fit every day’ and, perhaps most importantly, earn<a class="read-more" href="https://www.livebitcoinnews.com/fitmints-raises-1-6-million-in-their-goal-to-get-the-world-working-out/" data-wpel-link="internal">...</a></p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/fitmints-raises-1-6-million-in-their-goal-to-get-the-world-working-out/">Fitmint’s Raises $1.6 Million in Their Goal to Get The World Working Out</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> <p>Fitmint has announced the beta launch of their new move-to-earn app. Fitmint is a gamified, social approach to exercise that pays real-world rewards to users by simply making their body’s move. Fitmint, in the words of CEO Rohit Sharma, aims to ‘create a world where billions get fit every day’ and, perhaps most importantly, earn crypto for doing so.</p> <h4>Fitmint’s Revolutionary Use of Web 3</h4> <p>The idea behind Fitmint is that, with enough incentive, exercise becomes easy. Fitmint will create that incentive. Fitmint will pay users in the app&#8217;s native token, $FITT, simply for moving. Be it walking, running, or working out, Fitmint’s app will track users daily movement and then reward them the more they do. While other move-to-earn apps restrict earning to one type of movement, Fitmint plans to integrate with devices like the Apple Watch so users can do the exercise that suits them. It will create a positive feedback loop for those who exercise, and help them stick to and surpass their goals, making them happier, healthier and &#8211; with Fitmint &#8211; wealthier.</p> <p>The idea speaks to the incredible innovation that’s taking place in Web 3. Web 3 is envisaged as a place where the value that enterprise created is spread far and wide and away from the centre &#8211; and directly into the hands of the people who make it work, the users. Move-to-earn is the latest craze in the crypto space, and Fitmint looks set to be a major force within it.</p> <h4>Fitmint Raises $1.6 Million to Build a Team</h4> <p>Major investors agree. Fitmint has just announced a massive $1.6 million raise in order to expand their team and continue the rollout of their revolutionary app. The investment round was led by General Catalyst, with participation from iSeed, Kearny Jackson, Dweb3 and 1947 Rise. The money will be used to continue to grow Fitmint’s team and to improve further upon the tech and infrastructure that makes their groundbreaking app possible.</p> <p>Rohit Sharma, CEO of Fitmint, “we at Fitmint are happy and glad to receive our first ever seed funding &#8211; which is going to play a massive role in driving and bolstering our mission.’ Co-Founder Viren Baid added that ‘the revolution in fitness has just started off, and is bound to go a long way further in the times to come’.</p> <h4>How to Use Fitmint</h4> <p>To use Fitmint, users first purchase NFT sneakers. These sneakers (the starter pair is called ‘‘OG Basics’) are the key to unlocking all the features of the Fitmint app. The NFTs are living and breathing, and upgrade as users continue to exercise having purchased them. The NFTS have multiple stats. These stats, like Power and Durability, enhance their utility. A sneaker with a high Power stat, for example, earns more $FITT per minute of workout, while a sneaker with higher Durability can be used for longer before they need to be repaired.</p> <p>Once sneakers have been levelled up, they can also be traded on Fitmint’s secondary marketplace. It means that users who work hard and exercise daily to level up their sneakers will be able to sell them to other users who want to unlock all of the features of Fitmint right out of the gates. It creates the opportunity for massive value accrual being thrust into the hands of everyday users, and gives them a motive for sticking to their exercise goals.</p> <p>Fitmint will also create a social space for fellow exercisers to work out together and compete in friendly competitions. These competitions can also be a chance to earn $FITT, as users can pool their tokens, with the user who works out the most winning the prize. It’s a fun, engaging way to keep people motivated to exercise and stay on target to hit their goals, all the while earning crypto for their daily participation in Fitmint’s ‘fitverse’.</p> <h4>Getting Fit While Getting $FITT</h4> <p>Exercise is the single most important thing someone can do to make their lives longer, happier, healthier and &#8211; ultimately &#8211; better. Nothing beats the feeling of wellbeing that comes with exercising well and exercising often. Fitmint will help people exercise more, giving them a tangible incentive for getting out there and walking, running, or hitting the gym.</p> <p>Fitmint’s goal of making the world a fitter place is laudable. They already have a massive community, which is ever growing. With this latest investment, exercise may soon not be so hard after all. <a href="https://fitmint.io/" data-wpel-link="external" target="_blank" rel="nofollow noopener">The beta is live now, and users can already download the app</a> and begin earning $FITT tokens for themselves, all the while getting fit and maximising their potential.</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/fitmints-raises-1-6-million-in-their-goal-to-get-the-world-working-out/">Fitmint’s Raises $1.6 Million in Their Goal to Get The World Working Out</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> CT Area Review – Is CT Area Scam or a Legit Crypto Trading Platform? https://www.cryptocynews.com/ct-area/ CryptocyNews.com urn:uuid:b07e2ee5-c36c-a3de-4984-3bf505a31877 Mon, 04 Jul 2022 07:20:05 +0000 <p>CT Area Review Looking through the various crypto brokers that have appeared in the trading market, you must have heard about CT Area, which provides comprehensive cryptocurrency trading solutions to its clients. But why would you prioritize over all the other options...</p> <p>The post <a rel="nofollow" href="https://www.cryptocynews.com/ct-area/">CT Area Review &#8211; Is CT Area Scam or a Legit Crypto Trading Platform?</a> appeared first on <a rel="nofollow" href="https://www.cryptocynews.com">CryptocyNews.com</a>.</p> <h2 id="xprtcoin-review"><span style="font-size: 24pt;">CT Area Review</span></h2> <p><img loading="lazy" class=" wp-image-26984 alignright" src="https://www.cryptocynews.com/wp-content/uploads/2022/02/logo-1-1.jpg" alt="CT Area logo" width="190" height="105" />Looking through the various crypto brokers that have appeared in the trading market, you must have heard about <a href="https://ctarea.com/">CT Area</a>, which provides comprehensive cryptocurrency trading solutions to its clients. But why would you prioritize over all the other options available on the market today? This CT Area review will provide you with several compelling reasons to open an account with this broker.</p> <p><span style="font-size: 18pt;"><strong>A User-Friendly Trading Platform</strong></span></p> <div class="wp-block-image"> <figure class="aligncenter size-full"><img loading="lazy" class="wp-image-25152 aligncenter" src="https://www.cryptocynews.com/wp-content/uploads/2022/01/shutterstock_1854622555.jpg" alt="CT Area - online crypto trading platform" width="1000" height="667" srcset="https://www.cryptocynews.com/wp-content/uploads/2022/01/shutterstock_1854622555.jpg 1000w, https://www.cryptocynews.com/wp-content/uploads/2022/01/shutterstock_1854622555-300x200.jpg 300w, https://www.cryptocynews.com/wp-content/uploads/2022/01/shutterstock_1854622555-768x512.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></figure> </div> <p>One of the most important features of any brokerage is their trading platform, and CT Area has created one that is both powerful and easy to use for their customers. They secured its adaptability by creating an online trading platform that can be accessed from any device via a browser. It eliminates the need to download it somewhere, allowing you to use it on multiple devices. It may be used on any device with internet access, allowing you to trade anywhere.</p> <p>They used cutting-edge technology to create a trading platform that allows quick trade execution. Furthermore, you will discover that the UI is user-friendly, allowing anyone to utilize it easily. This trading platform has also been connected with some of the most popular trading tools to assist traders in making informed and calculated decisions.</p> <p><span style="font-size: 18pt;"><strong>Profitable Cryptocurrencies For Trading</strong></span></p> <p>If you had to choose just one incentive to join CT Area, it would be the lucrative cryptocurrencies they offer for trading. Yes, everyone knows that cryptocurrency is the most valuable market.</p> <p>There are over 5,000 options on the market, although not all of them are long-term trustworthy, some have shown to be highly beneficial in their own position. You can begin by trading Bitcoin, but there&#8217;s no harm in diversifying your portfolio with other assets, and that&#8217;s where CT Area comes in handy.</p> <p>Your portfolio&#8217;s risk can be reduced and diversification increased by giving you access to the most valuable cryptocurrencies on the market. You may want to look into Ethereum, Ripple, Litecoin, Dash, Bitcoin Cash, and Monero as possible options.</p> <p><span style="font-size: 18pt;"><strong>Stringent Security Protocols</strong></span></p> <div class="wp-block-image"> <figure class="aligncenter size-large"><img loading="lazy" class="aligncenter wp-image-25528" src="https://www.cryptocynews.com/wp-content/uploads/2022/02/security-2168233_1920-1024x649.jpg" alt="CT Area security protocols" width="1024" height="649" srcset="https://www.cryptocynews.com/wp-content/uploads/2022/02/security-2168233_1920-1024x649.jpg 1024w, https://www.cryptocynews.com/wp-content/uploads/2022/02/security-2168233_1920-300x190.jpg 300w, https://www.cryptocynews.com/wp-content/uploads/2022/02/security-2168233_1920-768x486.jpg 768w, https://www.cryptocynews.com/wp-content/uploads/2022/02/security-2168233_1920-1536x973.jpg 1536w, https://www.cryptocynews.com/wp-content/uploads/2022/02/security-2168233_1920.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure> </div> <p>Another excellent argument for you to consider using CT Area compared to other cryptocurrencies trading platforms is their high level of security. They are well aware that internet trading has risks and that consumers are concerned about these risks, and they have made every effort to keep their customers at ease.</p> <p>Upon closer inspection, you will notice that they use 256-bit SSL encryption to protect any personal and private data they collect on their site, ensuring that no outsiders may have gotten to it without authorization.</p> <p>They have also set up separate accounts for their customers to protect their assets. It implies that your transfers will not be combined with CT Area&#8217;s own cash, reducing the danger of misappropriate use of funds by third parties.</p> <p>In addition, they adhere to KYC and AML policies, which can be extremely effective in the prevention of identity fraud, financial fraud, and money laundering since they involve identity and residential documents from anyone who wishes to open an account with the broker, among other things.</p> <p><span style="font-size: 18pt;"><strong>Multiple Trading Accounts Option</strong></span></p> <p>Prior to signing up with a broker, it&#8217;s crucial to understand the many types of accounts available. Is there an appropriate account choice for you on their website? The reality that there are six different account types available at CT Area is a significant advantage. It implies that each trader can select an account that matches their risk appetite, financial situation, and trading style requirements.</p> <p><strong>Final Thoughts</strong></p> <p>Other advantages of CT Area include round-the-clock customer service and a simple registration procedure.</p> <p>The post <a rel="nofollow" href="https://www.cryptocynews.com/ct-area/">CT Area Review &#8211; Is CT Area Scam or a Legit Crypto Trading Platform?</a> appeared first on <a rel="nofollow" href="https://www.cryptocynews.com">CryptocyNews.com</a>.</p> CT Area Review – Is CT Area Scam or Legit? https://tokenhell.com/ct-area/ Tokenhell urn:uuid:0e2e048d-b020-7f74-b8e8-fe6279b2330c Mon, 04 Jul 2022 07:12:00 +0000 <p>Read our CT Area review and learn why we recommend this broker for online trading and why it is not a scam, learn all you need to know in this CT Area review before you sign up with the broker.</p> <p>The post <a rel="nofollow" href="https://tokenhell.com/ct-area/">CT Area Review – Is CT Area Scam or Legit?</a> appeared first on <a rel="nofollow" href="https://tokenhell.com">Tokenhell</a>.</p> <div id="cb-review-box-23777" class="cb-skin-base lets-review-box-wrap cb-lr-font-p cb-design-2 cb-skin-version-1 cb-score-type-2 cb-ani-type-1 cb-location-2 cb-clearfix" data-pid="23777" data-format="2" data-type="2" itemscope itemtype="http://schema.org/Review"><meta itemprop="url" content="https://tokenhell.com/ct-area/"><meta itemprop="name" content="CT Area Broker Rating"><meta itemprop="description" content="Read our CT Area review and learn why we recommend this broker for online trading and why it is not a scam, learn all you need to know in this CT Area review before you sign up with the broker."><span itemprop="author" itemscope itemtype="http://schema.org/Person"><meta itemprop="name" content="James Carr (Australia)"></span><span itemprop="itemReviewed" itemscope itemtype="http://schema.org/Thing"><meta itemprop="name" content="CT Area Broker Rating"></span><meta itemprop="datePublished" content="July 4, 2022"><div class="cb-review-block cb-review-pad cb-round-fi cb-title-block cb-clearfix" ><div class="cb-review-fi"><a href="https://tokenhell.com/wp-content/uploads/icon-292.jpg" class="lets-review-lightbox cb-lr-img cb-img-ani-1" rel="gal-fi-23777" title="icon"><img width="50" height="50" src="https://tokenhell.com/wp-content/uploads/icon-292.jpg" class="attachment-thumbnail size-thumbnail" alt="" loading="lazy" /></a></div><div class="cb-review-title cb-lr-font-heading cb-font-header" itemprop="name">CT Area Broker Rating</div></div><div class="cb-review-block cb-criteria-block-wrap cb-clearfix"><div class="cb-criteria-block cb-clearfix"><div class="cb-bar"><span class="cb-criteria">Account Types</span><span class="cb-criteria-score">9.1</span><span class="cb-overlay"><span style="width:91%; background-color: #fa4f19;" class="cb-trigger-zero"></span></span></div><div class="cb-bar"><span class="cb-criteria">Trading Speed</span><span class="cb-criteria-score">9.3</span><span class="cb-overlay"><span style="width:93%; background-color: #fa4f19;" class="cb-trigger-zero"></span></span></div><div class="cb-bar"><span class="cb-criteria">Customer Service</span><span class="cb-criteria-score">9.2</span><span class="cb-overlay"><span style="width:92%; background-color: #fa4f19;" class="cb-trigger-zero"></span></span></div><div class="cb-bar"><span class="cb-criteria">Safety</span><span class="cb-criteria-score">9.5</span><span class="cb-overlay"><span style="width:95%; background-color: #fa4f19;" class="cb-trigger-zero"></span></span></div></div></div><div class="cb-review-block cb-review-pad cb-conclusion-block cb-clearfix"><div class="cb-score-box cb-lr-font-heading cb-font-header" style="background-color: #fa4f19; "><div class="cb-score-titles-wrap"><div class="cb-final-score cb-clearfix" itemprop="reviewRating" itemscope itemtype="http://schema.org/Rating"><meta itemprop="worstRating" content="0"> <meta itemprop="ratingValue" content="9.3" /> <meta itemprop="bestRating" content="10" />9.3</div></div></div><div class="cb-review-conclusion-title cb-block-header cb-clearfix">Conclusion</div><div class="cb-review-conclusion cb-clearfix" itemprop="reviewBody">Read our CT Area review and learn why we recommend this broker for online trading and why it is not a scam, learn all you need to know in this CT Area review before you sign up with the broker.</div></div><div class="cb-review-block cb-review-pad cb-aff-block cb-clearfix"><div class="cb-aff-buttons"><div class="cb-aff-button"><a href="https://ctarea.com/" rel="nofollow" target="_blank">https://ctarea.com/<span class="cb-icon-wrap" style="background-color: #fa4f19;"><i class="fa fa-shopping-cart cb-button-ani-1"></i><i class="fa fa-long-arrow-right cb-button-ani-1-hid cb-button-ani-1"></i></span></a></div></div></div></div> <hr class="wp-block-separator"/> <h2>CT Area Review</h2> <div class="wp-block-image"><figure class="alignright size-full is-resized"><img loading="lazy" src="https://tokenhell.com/wp-content/uploads/logo-1-3.jpg" alt="CT Area logo" class="wp-image-30762" width="185" height="102" srcset="https://tokenhell.com/wp-content/uploads/logo-1-3.jpg 258w, https://tokenhell.com/wp-content/uploads/logo-1-3-50x28.jpg 50w" sizes="(max-width: 185px) 100vw, 185px" /></figure></div> <p>Even during the peak of the global coronavirus pandemic, the cryptocurrency market was flourishing and this ended up pulling in millions of people from different parts of the world into this space. Everyone wanted to make some profits when the economy was struggling and traditional means of investment were generating little or no returns.<br><br>This meant that there was a huge need for cryptocurrency brokers and their numbers also surged. Hence, you will have plenty of options to choose from when you are searching for one, but do check out this <a href="https://ctarea.com/" class="ek-link">CT Area</a> review first.</p> <p>Why? You need to check a broker out thoroughly before signing up, so you don’t have to deal with any hidden surprises that can affect your trading experience. It also ensures that you can find what you need for trading and not have to look for a different option, which wastes time and opportunities. You may be tempted to sign up with CT Area right away, considering the good reputation they have, but looking at their services step-by-step can solve this riddle:</p> <div class="wp-block-image"><figure class="aligncenter size-full is-resized"><img loading="lazy" src="https://tokenhell.com/wp-content/uploads/shutterstock_1890428020-1.jpg" alt="CT Area crypto trading" class="wp-image-23781" width="445" height="250" srcset="https://tokenhell.com/wp-content/uploads/shutterstock_1890428020-1.jpg 1000w, https://tokenhell.com/wp-content/uploads/shutterstock_1890428020-1-50x28.jpg 50w, https://tokenhell.com/wp-content/uploads/shutterstock_1890428020-1-390x220.jpg 390w" sizes="(max-width: 445px) 100vw, 445px" /></figure></div> <p><strong>Begin with the account opening process</strong></p> <p>When you want to check out a broker, you should start with their account opening process because it tells you what you have to do for signing up with them. If the criteria is too tough and complex, you can avoid the platform. This is not a problem you will find with CT Area because their process is simple and quick. They don’t ask for anything from you and there is just one form on their website that you have to fill out.</p> <p>The form will ask you to share your first and last name, your country and phone number and an email and password that will later be used for your log in details. You have to choose an account currency as well from EUR, GBP and USD that will be used for funding your account. The final step is to agree to the Terms and Conditions you will come across on the CT Area website and you will be good to go.</p> <div class="wp-block-image"><figure class="aligncenter size-full is-resized"><img loading="lazy" src="https://tokenhell.com/wp-content/uploads/shutterstock_1407852812.jpg" alt="CT Area account opening process" class="wp-image-30764" width="443" height="295" srcset="https://tokenhell.com/wp-content/uploads/shutterstock_1407852812.jpg 1000w, https://tokenhell.com/wp-content/uploads/shutterstock_1407852812-50x33.jpg 50w" sizes="(max-width: 443px) 100vw, 443px" /></figure></div> <p><strong>Add funds to your account</strong></p> <p>After going through the account options, you have to add funds before you can start trading, which means checking the payment methods that CT Area supports on its platform. They allow traders to use bank wire transfers, debit and credit cards, such as VISA and MasterCard, and traders can also choose from online payment solutions like Neteller and Skrill for quick deposits as well as withdrawals in the future.</p> <p><strong>Check the available crypto</strong></p> <p>Once your account is set to be used, look at the cryptocurrencies that CT Area is offering to you for trading purposes. You don’t want to stick to Bitcoin alone because there are other lucrative opportunities as well and you will find options like Litecoin, Ethereum, Ripple, Bitcoin Cash and Dash to explore here. This means a diversified investment portfolio for everyone, allowing you to make the most of your crypto trading.</p> <div class="wp-block-image"><figure class="aligncenter size-full is-resized"><img loading="lazy" src="https://tokenhell.com/wp-content/uploads/shutterstock_1017078271.jpg" alt="CT Area crypto assets" class="wp-image-30765" width="428" height="284" srcset="https://tokenhell.com/wp-content/uploads/shutterstock_1017078271.jpg 1000w, https://tokenhell.com/wp-content/uploads/shutterstock_1017078271-50x33.jpg 50w" sizes="(max-width: 428px) 100vw, 428px" /></figure></div> <p><strong>Closing Thoughts</strong></p> <p>You can also take a look at the trading platform at CT Area and find a powerful yet convenient solution that gives you flexibility. Customer support is also downright impressive because it is available round the clock, so you are not left without a response and can trade without any problems.</p> <p>The post <a rel="nofollow" href="https://tokenhell.com/ct-area/">CT Area Review – Is CT Area Scam or Legit?</a> appeared first on <a rel="nofollow" href="https://tokenhell.com">Tokenhell</a>.</p> Cardano Successfully Launches Vasil Upgrade on Testnet https://cryptopotato.com/cardano-successfully-launches-vasil-upgrade-on-testnet/ CryptoPotato urn:uuid:fc3fbfa2-59d2-2329-9e60-c047af26ad18 Mon, 04 Jul 2022 07:02:52 +0000 IOG has successfully hard-forked the Cardano testnet ahead of the mainnet’s Vasil upgrade that is meant to revamp scalability and performance. <p>Cardano (ADA) has successfully conducted a hard fork of its testnet in readiness for the upcoming Vasil upgrade. The new development promises greater scalability and performance improvements to the network.</p> <p>The latest <a href="https://twitter.com/InputOutputHK/status/1543692218799718401" data-wpel-link="external" target="_blank">announcement</a> was made on July 3 by Input-Output Global (IOG), the tech firm behind Cardano. IOHK (rebranded to IOG) now calls upon developers, exchanges, and stake pool operators to launch their projects on the testnet. In this way, any necessary adjustments will be noticed earlier on, before Vasil becomes a reality on the mainnet.</p> <h2>Cardano Implements Vasil on Testnet</h2> <p>Notably, the Vasil hard fork is one of the primary features of Cardano’s Basho phase. The latter is the fourth in a series of five of the network’s building eras. The previous three focused on the foundation (Byron), decentralization (Shelley), and smart contracts (Goguen), while Basho’s aim is scalability.</p> <p>Once launched on the mainnet, Vasil will bring a <a href="https://cryptopotato.com/cardano-founder-explains-what-users-should-expect-from-the-upcoming-vasil-hard-fork/" data-wpel-link="internal">host</a> of scalability features. Among them are increased throughput or block creation speed and better “script performance and efficiency.” Additionally, all users will benefit from low network costs. Even more, Vasil will allow interoperability between Cardano and other blockchains.</p> <p>For now, IOG says the Vasil proposal for Cardano mainnet will only be released once the community is “comfortable and ready.” The company, however, expects this to be done in the next four weeks.</p> <p>Previously, IOG had scheduled the Vasil mainnet hard fork for June 29. However, the engineering team agreed to <a href="https://cryptopotato.com/cardano-vasil-upgrade-postponed-new-timeline-revealed/" data-wpel-link="internal">postpone</a> the event to create time for fixing several non-severe bugs.</p> <h2>Growth With Smart Contracts</h2> <p>The previous major development for Cardano was the integration of smart contract functionality. With it came a string of DApps, including DeFi protocols. And even though the ecosystem was plagued with <a href="https://cryptopotato.com/cardano-addresses-the-smart-contracts-criticism-in-depth/" data-wpel-link="internal">concurrency issues</a>, it continues to see significant developer activity and a growing number of DApps.</p> <p>According to DeFi TVL aggregator DeFi Llama, Cardano’s total value locked (TVL) is currently at $115.85 million. Decentralized exchange WingRiders is the largest contributor to this figure, holding a TVL of $49.7 million.</p> <p>Despite Vasil being a big deal for Cardano, the news of its deployment on the network’s testnet has done little good to ADA’s price. At writing time, the token was trading at $0.44, down some 0.4% on the day.</p> NFT June Sales Down to 12-Month Lows Amid Ongoing Bear Market (Report) https://cryptopotato.com/nft-june-sales-down-to-12-month-lows-amid-ongoing-bear-market-report/ CryptoPotato urn:uuid:ba66a3da-da47-6532-2062-38372faa995a Mon, 04 Jul 2022 06:10:54 +0000 Recording a whopping $42 billion in sales, NFT trade was more robust in 2022 so far, but June saw a yearly low. <p><span data-preserver-spaces="true">After defying the trends for several months, NFT sales have finally fallen in line with the broad cryptocurrency bear market trends. DappRadar and Chainalysis data reveal that the NFT sales in June have been the lowest since June 2021.</span></p> <h2>June Sales at 12-Month Low</h2> <p><span data-preserver-spaces="true">A recent Bloomberg <a href="https://www.bloomberg.com/news/articles/2022-06-29/nfts-have-fallen-off-the-cliff-as-sales-sink-to-lowest-in-year?sref=oioIU9CW#xj4y7vzkg" data-wpel-link="external" target="_blank">report</a> said that the NFT market in June is poised for under $1 billion in sales for the first time since June 2021. Citing DappRadar data, it added that OpenSea’s sales volume in June was $670 million, down by 75% from May’s numbers. Compared to $5 billion in January, OpenSea’s monthly volume in June is the lowest for the world’s largest NFT marketplace since July 2021. </span></p> <p><span data-preserver-spaces="true">However, citing Chainalysis data, The Guardian, in its <a href="https://www.theguardian.com/technology/2022/jul/02/nft-sales-hit-12-month-low-after-cryptocurrency-crash" data-wpel-link="external" target="_blank">report</a> on July 2, noted that the NFT sales figure for June 2022 was slightly better at a little over $1 billion, from its peak of $12.6 billion in January 2022. </span></p> <p><span data-preserver-spaces="true">The NFT sales skyrocketed in 2022 and touched $40 billion. However, the numbers were even more robust at the start of this year, with the total sales pegged at $42 billion, with January and February sales accounting for more than half of it. </span></p> <h2>Thefts and Scams</h2> <p><span style="font-size: 16px; font-weight: 400;">In recent months, scams and thefts in the NFT space have risen to alarming levels. </span></p> <p><span data-preserver-spaces="true">In one of the largest hacks in NFT history, Axie Infinity, a play-to-earn NFT gaming platform on the Ethereum Network, <a href="https://www.theverge.com/2022/6/28/23186368/axie-infinity-nft-game-transactions-625-million-theft" data-wpel-link="external" target="_blank">lost $625 million</a> in March. It has recently resumed operations after months of working on bolstering security. </span></p> <p><span data-preserver-spaces="true">Following the hack, the user base of Axie Infinity has reportedly fallen by 40%. Although Sky Mavis, the developer of the Ronin blockchain that powers Axie Infinity, has promised to reimburse the players’ losses, the value of Ethereum has dropped by two-thirds. Ranked among the top 3 NFT projects, Axie Infinity recorded <a href="https://cryptopotato.com/axie-infinity-tops-4-billion-in-all-time-nft-sales/" data-wpel-link="internal">$4.14 billion</a> in NFT sales in February 2022. </span></p> <p><span data-preserver-spaces="true">OpenSea witnessed a <a href="https://cryptopotato.com/opensea-reports-data-breach-warns-customers-of-possible-phishing-attempts/" data-wpel-link="internal">data breach</a> involving the email ids of its customers. Many of them complained on social media that they had received multiple emails that seem like phishing attempts. </span></p> <p><span data-preserver-spaces="true">Confirming the data breach in a notification, OpenSea revealed that a vendor’s employee had turned rogue and passed on the email database to a third party. The NFT platform has asked its customers to stay vigilant against any phishing attempts through their emails. </span></p> Ripple Price Analysis: Risk of Move Below $0.3 https://www.livebitcoinnews.com/ripple-price-analysis-risk-of-move-below-0-3/ Live Bitcoin News urn:uuid:d2b4e20f-514e-ed78-ba34-517a58a75fec Mon, 04 Jul 2022 05:58:08 +0000 <p>Ripple price started a fresh decline from the $0.3800 resistance against the US dollar. The price is now trading below $0.32 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.3200 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could<a class="read-more" href="https://www.livebitcoinnews.com/ripple-price-analysis-risk-of-move-below-0-3/" data-wpel-link="internal">...</a></p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/ripple-price-analysis-risk-of-move-below-0-3/">Ripple Price Analysis: Risk of Move Below $0.3</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> <ul> <li>Ripple price started a fresh decline from the $0.3800 resistance against the US dollar.</li> <li>The price is now trading below $0.32 and the 55 simple moving average (4-hours).</li> <li>There is a major bearish trend line forming with resistance near $0.3200 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).</li> <li>The pair could gain pace if there is a clear move above the $0.3200 resistance zone.</li> </ul> <p><em>Ripple price is struggling below $0.3500 against the US Dollar, similar to <a href="https://www.livebitcoinnews.com/bitcoin-price-analysis-btc-faces-uphill-task-near-21k/" target="_blank" rel="noopener" data-wpel-link="internal">bitcoin</a>. XRP price must clear $0.3200 and $0.3500 to start a fresh increase in the near term.</em></p> <h2>Ripple Price Analysis</h2> <p>After forming a base near the $0.3000 zone, ripple price started a fresh increase against the US Dollar. The XRP/USD pair was able to clear the $0.3500 resistance zone.</p> <p>The price even broke the $0.3620 resistance and the <a href="https://www.livebitcoinnews.com/ripple-price-analysis-more-upsides-possible-above-0-40/" target="_blank" rel="noopener" data-wpel-link="internal">55 simple moving average (4-hours)</a>. However, the price failed to gain strength above the $0.3800 zone. A high was formed near $0.3862 and the price started a fresh decline.</p> <p>There was a move below the $0.3500 support. A low is formed near $0.3064 and the price is now consolidating losses. It is also trading below $0.32 and the 55 simple moving average (4-hours).</p> <p>On the upside, the price is facing resistance near $0.3200. There is also a major bearish trend line forming with resistance near $0.3200 on the 4-hours chart of the XRP/USD pair. The trend line is near the 23.6% Fib retracement level of the recent decline from the $0.3862 swing high to $0.3064 low.</p> <p>The next major resistance is near the $0.3450 level. It is near the 50% Fib retracement level of the recent decline from the $0.3862 swing high to $0.3064 low. A clear move above the $0.3450 and $0.3500 resistance zones might start a fresh increase.</p> <p>In the stated case, the price could even surpass the $0.3850 resistance. Any more gains might send the price towards the $0.4200 resistance.</p> <p>An initial support on the downside is near the $0.3065 level. The next main support is near the $0.3000 zone. Any more losses could lead the price towards the $0.2800 level, below which the price might even test $0.2500.</p> <div id="attachment_72913" style="width: 1100px" class="wp-caption alignnone"><a href="https://www.livebitcoinnews.com/https://s3.amazonaws.com/lbn-s3/2022/07/Ripple.png" data-wpel-link="internal"><img aria-describedby="caption-attachment-72913" class="size-large wp-image-72913" src="https://www.livebitcoinnews.com/https://s3.amazonaws.com/lbn-s3/2022/07/Ripple-1100x507.png" alt="Ripple Price" width="1100" height="507" /></a><p id="caption-attachment-72913" class="wp-caption-text">Ripple Price</p></div> <p>Looking at the <a href="https://www.tradingview.com/symbols/XRPUSD/" target="_blank" rel="noopener nofollow" data-wpel-link="external">chart</a>, ripple price is now trading below $0.3200 and the 55 simple moving average (4-hours). Overall, the price could gain pace if there is a clear move above the $0.3200 resistance zone.</p> <h2>Technical indicators</h2> <p>4 hours MACD – The MACD for XRP/USD is now losing momentum in the bullish zone.</p> <p>4 hours RSI (Relative Strength Index) – The RSI for XRP/USD is below the 50 level.</p> <p>Key Support Levels – $0.3060, $0.3000 and $0.2800.</p> <p>Key Resistance Levels – $0.3200 and $0.3500.</p> <p>The post <a rel="nofollow" href="https://www.livebitcoinnews.com/ripple-price-analysis-risk-of-move-below-0-3/">Ripple Price Analysis: Risk of Move Below $0.3</a> appeared first on <a rel="nofollow" href="https://www.livebitcoinnews.com">Live Bitcoin News</a>.</p> Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad https://news.bitcoin.com/bank-of-russia-ready-to-legalize-crypto-mining-if-miners-sell-minted-coins-abroad/ Bitcoin News urn:uuid:f918255f-c66c-cc18-a8b8-123bd32d15ec Mon, 04 Jul 2022 05:30:29 +0000 <img width="696" height="392" src="https://static.news.bitcoin.com/wp-content/uploads/2022/07/russia-bitcoins.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad" style="float:left; margin:0 15px 15px 0;" />The Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia. The regulator&#x2019;s latest position on the matter comes after it softened its stance on the possible use of cryptocurrencies for payments, even if only internationally. Central Bank of Russia [&#8230;] <img width="696" height="392" src="https://static.news.bitcoin.com/wp-content/uploads/2022/07/russia-bitcoins.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad" loading="lazy" style="float:left; margin:0 15px 15px 0;" /><p><strong>The Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia. The regulator&#x2019;s latest position on the matter comes after it softened its stance on the possible use of cryptocurrencies for payments, even if only internationally. </strong></p> <h2>Central Bank of Russia to Accept Legalization of Cryptocurrency Mining</h2> <p>The monetary authority in Moscow is now ready to back the legalization of crypto mining under the condition that Russian miners are obliged to sell the coins they obtain in the process outside the country. That&#x2019;s according to a recent statement by Kirill Pronin, head of Bank of Russia&#x2019;s Financial Technologies Department.</p> <p>The central bank has been the hardline voice in the ongoing discussions on the future of cryptocurrencies in Russia, <a href="https://news.bitcoin.com/bank-of-russia-proposes-wide-ban-on-cryptocurrency-use-trade-mining/">proposing</a> a blanket ban on most related activities earlier this year, including mining. However, facing opposition from other government institutions and having to deal with financial restrictions imposed over the war in Ukraine, its position has started to change.</p> <p>Governor Elvira Nabiullina <a href="https://news.bitcoin.com/crypto-payments-possible-if-they-dont-penetrate-russias-financial-system-central-bank-says/">indicated</a> last month that crypto payments can be permitted if they don&#x2019;t &#x201C;penetrate&#x201D; the Russian financial system. At the same time, she insisted that digital currencies like bitcoin should not be traded on Russian platforms because these assets are too volatile and risky for potential investors.</p> <p>Speaking during the St. Petersburg International Legal Forum this week, Pronin noted that while mining would not fall under the responsibility of the Central Bank of Russia (<a href="https://www.cbr.ru/eng/" target="_blank" rel="noopener">CBR</a>), it is one of the ways to acquire cryptocurrency, in the form of fees for the validation of crypto transactions performed by miners. &#x201C;The legalization of mining can be discussed, but a number of conditions, in our opinion, must be met in this regard,&#x201D; he was quoted as saying by Interfax.</p> <p>Ivan Chebeskov, director of the finance ministry&#x2019;s Financial Policy Department, pointed out that some large crypto mining companies based in the Russian Federation have been also forced to deal with foreign restrictions when withdrawing funds. He suggested that Russia may have to create its own exchange infrastructure to provide liquidity to the industry.</p> <p>Kirill Pronin reiterated, however, that according to the CBR, the cryptocurrency minted by the miners in Russia should be sold outside its borders and not allowed to accumulate within the country. The point is to avoid creating incentives for its subsequent use in domestic payments.</p> <p>Besides the new bill &#x201C;On Digital Currency,&#x201D; expected to comprehensively regulate Russia&#x2019;s crypto space, a dedicated draft law &#x201C;On Mining in the Russian Federation&#x201D; was submitted to the State Duma in April. Members of the lower house of Russian parliament propose to recognize crypto mining as a business activity using Russian information infrastructure and equipment located in the country.</p> <p><em><strong>Do you expect Russia to legalize cryptocurrency mining this year? Tell us in the comments section below.</strong></em></p> Litecoin (LTC) Drops Below $50 After Consistent Bearish Squeeze https://www.newsbtc.com/news/litecoin-ltc-drops-below-50-after-consistent-bearish-squeeze/ NewsBTC urn:uuid:d310792b-9eaa-e356-47f8-ab860b5ba262 Mon, 04 Jul 2022 05:22:26 +0000 The price of Litecoin (LTC) is currently negative after a significant amount of liquidation. Monday&#8217;s data from Coingecko indicates that the price of LTC has decreased by 1.4% over the past week and is currently trading at $49.98. LTC had previously achieved support at $49.68, but was unable to maintain the levels and experienced a price decline. The LTC/USD pair is currently encountering resistance at $50.85; a move over this level would target $51.50. The one-day price chart for Litcoin indicates an upward trend that may persist for some time. However, it may not be steady enough to overcome the market&#8217;s significant bearish pressure. Suggested Reading &#124; Dogecoin (DOGE) Could Use Some Lift – An Elon Musk Tweet, Perhaps? Litecoin Up 18% Despite Bearish Pressure In spite of this, LTC has gained 18% in the past seven days. In the previous several days, the Litecoin market has been highly volatile, with values surging and then falling rapidly. After failing to maintain the $52 level and facing severe selling pressure, LTC prices began to retreat. The cryptocurrency&#8217;s market capitalization is approximately $3.5 billion, and its 24-hour trading volume is $373 million. At $55.62, which is a resistance level, the LTC/USD pair established a new all-time high on Friday. This level has been retraced, and the price is currently trading below $55.50. If the price continues to decline, immediate support may be found at $54.00. LTC ROI Down Over Past 12 Months Aside from its functionality, LTC is now of little benefit to investors because it does not generate a significant profit for its holders. The coin&#8217;s return on investment over the past year has decreased dramatically, with most statistics falling into the red zone. Furthermore, of the millions of investors that buy LTC, only a few hundred thousand are still profitable. These investors purchased their supply at a price below the altcoin&#8217;s current market value. These investors represent only 13% of all LTC holdings. Suggested Reading &#124; Cardano (ADA) Looks To Recover After Sliding To $0.43 – Pressure’s On For The Bulls Even though bears are currently trying to sustain momentum, they have succeeded in driving the price of LTC below the $50 threshold. Meanwhile, given that Litecoin&#8217;s market value is also at an all-time low, it is not unexpected that new investors are avoiding the asset. Despite this, LTC&#8217;s existing community will continue to patronize LTC, giving the coin a good chance of mounting a recovery. Featured image from NDTV.com, chart from TradingView.com <p>The price of Litecoin (LTC) is currently negative after a significant amount of liquidation. Monday&#8217;s data from Coingecko indicates that the price of LTC has decreased by 1.4% over the past week and is currently trading at $49.98.</p> <p>LTC had previously achieved support at $49.68, but was unable to maintain the levels and experienced a price decline. The LTC/USD pair is currently encountering resistance at $50.85; a move over this level would target $51.50.</p> <p>The one-day price chart for Litcoin indicates an upward trend that may persist for some time. However, it may not be steady enough to overcome the market&#8217;s significant bearish pressure.</p> <p style="text-align: center">Suggested Reading | Dogecoin (DOGE) Could Use Some Lift – An Elon Musk Tweet, Perhaps?</p> Litecoin Up 18% Despite Bearish Pressure <p>In spite of this, LTC has gained 18% in the past seven days. In the previous several days, the Litecoin market has been highly volatile, with values surging and then falling rapidly.</p> <p>After failing to maintain the $52 level and facing severe selling pressure, LTC prices began to retreat. The cryptocurrency&#8217;s market capitalization is approximately $3.5 billion, and its 24-hour trading volume is $373 million.</p> <p>At $55.62, which is a resistance level, the LTC/USD pair established a new all-time high on Friday. This level has been retraced, and the price is currently trading below $55.50. If the price continues to decline, immediate support may be found at $54.00.</p> <p></p> LTC ROI Down Over Past 12 Months <p>Aside from its functionality, LTC is now of little benefit to investors because it does not generate a significant profit for its holders. The coin&#8217;s return on investment over the past year has decreased dramatically, with most statistics falling into the red zone.</p> <p>Furthermore, of the millions of investors that buy LTC, only a few hundred thousand are still profitable. These investors purchased their supply at a price below the altcoin&#8217;s current market value. These investors represent only 13% of all LTC holdings.</p> <p style="text-align: center">Suggested Reading | Cardano (ADA) Looks To Recover After Sliding To $0.43 – Pressure’s On For The Bulls</p> <p>Even though bears are currently trying to sustain momentum, they have succeeded in driving the price of LTC below the $50 threshold.</p> <p>Meanwhile, given that Litecoin&#8217;s market value is also at an all-time low, it is not unexpected that new investors are avoiding the asset. Despite this, LTC&#8217;s existing community will continue to patronize LTC, giving the coin a good chance of mounting a recovery.</p> Featured image from NDTV.com, chart from TradingView.com TA: Ethereum Close Below $1K Could Spark Larger Degree Downtrend https://www.newsbtc.com/analysis/eth/ethereum-larger-degree-downtrend-1k/ NewsBTC urn:uuid:2a799413-5976-a7ce-5d81-85181c8d64a3 Mon, 04 Jul 2022 05:08:39 +0000 Ethereum is struggling below $1,080 against the US Dollar. ETH could decline heavily if there is a close below the $1,000 support zone. Ethereum remained in a bearish zone below $1,100 and $1,080 levels. The price is now trading below $1,100 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline again unless there is a clear move above the $1,120 resistance zone. Ethereum Price Remains At Risk Ethereum remained in a bearish zone and retested the $1,000 support zone. ETH formed a base near $1,000 and recently corrected higher. There was a minor recovery wave above the $1,030 and $1,050 level. Ether price climbed above 23.6% Fib retracement level of the key decline from the $1,236 swing high to $997 low. It even attempted an upside break above the $1,100 level but failed. It is now trading below $1,100 and the 100 hourly simple moving average. There is also a key bullish trend line forming with support near $1,050 on the hourly chart of ETH/USD. An immediate resistance on the upside is near the $1,060 level. The next major resistance is near the $1,080 zone. The first major hurdle is near the $1,100 zone or the 50% Fib retracement level of the key decline from the $1,236 swing high to $997 low. A close above the $1,120 resistance zone could start a decent increase. Source: ETHUSD on TradingView.com In the stated case, the price could rise towards the $1,180 resistance. Any more gains might send the price towards the $1,236 high. More Losses in ETH? If ethereum fails to rise above the $1,080 resistance, it could continue to move down. An initial support on the downside is near the $1,050 zone or the trend line. The next major support is near the $1,000 zone. A close below the $1,000 level might spark a sharp decline. In the stated scenario, ether price may perhaps slide towards the $925 level. Any more losses could send the price towards the $880 support zone. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bearish zone. Hourly RSI &#8211; The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,000 Major Resistance Level – $1,080 <p>Ethereum is struggling below $1,080 against the US Dollar. ETH could decline heavily if there is a close below the $1,000 support zone.</p> <ul> <li>Ethereum remained in a bearish zone below $1,100 and $1,080 levels.</li> <li>The price is now trading below $1,100 and the 100 hourly simple moving average.</li> <li>There is a key bullish trend line forming with support near $1,050 on the hourly chart of ETH/USD (data feed via Kraken).</li> <li>The pair could decline again unless there is a clear move above the $1,120 resistance zone.</li> </ul> Ethereum Price Remains At Risk <p>Ethereum remained in a bearish zone and retested the $1,000 support zone. ETH formed a base near $1,000 and recently corrected higher.</p> <p>There was a minor recovery wave above the $1,030 and $1,050 level. Ether price climbed above 23.6% Fib retracement level of the key decline from the $1,236 swing high to $997 low. It even attempted an upside break above the $1,100 level but failed.</p> <p>It is now trading below $1,100 and the 100 hourly simple moving average. There is also a key bullish trend line forming with support near $1,050 on the hourly chart of ETH/USD.</p> <p>An immediate resistance on the upside is near the $1,060 level. The next major resistance is near the $1,080 zone. The first major hurdle is near the $1,100 zone or the 50% Fib retracement level of the key decline from the $1,236 swing high to $997 low. A close above the $1,120 resistance zone could start a decent increase.</p> <p></p> Source: ETHUSD on TradingView.com <p>In the stated case, the price could rise towards the $1,180 resistance. Any more gains might send the price towards the $1,236 high.</p> More Losses in ETH? <p>If ethereum fails to rise above the $1,080 resistance, it could continue to move down. An initial support on the downside is near the $1,050 zone or the trend line.</p> <p>The next major support is near the $1,000 zone. A close below the $1,000 level might spark a sharp decline. In the stated scenario, ether price may perhaps slide towards the $925 level. Any more losses could send the price towards the $880 support zone.</p> <p>Technical Indicators</p> <p>Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bearish zone.</p> <p>Hourly RSI &#8211; The RSI for ETH/USD is now below the 50 level.</p> <p>Major Support Level – $1,000</p> <p>Major Resistance Level – $1,080</p> Solana’s Hack Investigation Forces Crema Finances to Shut Liquidity Protocol https://insidebitcoins.com/news/solanas-hack-investigation-forces-crema-finances-to-shut-liquidity-protocol Inside Bitcoins urn:uuid:ca30699a-199f-0d65-36a1-7a7ea5fa613a Mon, 04 Jul 2022 05:07:04 +0000 While the Crypto Twitter community waited for Crema Finance to report on the matter, they took it upon themselves to locate the hacker&#8217;s wallet and <a class="read-more-link" href="https://insidebitcoins.com/news/solanas-hack-investigation-forces-crema-finances-to-shut-liquidity-protocol" title="Solana’s Hack Investigation Forces Crema Finances to Shut Liquidity Protocol">[...]</a> <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><body> <!-- Google Tag Manager (noscript) --> <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-MJC7PF5" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript> <!-- End Google Tag Manager (noscript) --><p>While the Crypto Twitter community waited for Crema Finance to report on the matter, they took it upon themselves to locate the hacker&rsquo;s wallet and gain a deeper understanding of the issue.</p> <p>Crema Finance, a focused liquidity protocol built on the <a href="https://insidebitcoins.com/buy-cryptocurrency/buy-solana">Solana blockchain</a>, has stated that it would temporarily suspend its services as a result of a successful exploit that has resulted in the loss of a substantial but unknown sum of cash.</p> <p>As soon as Crema Finance became aware of the breach on its protocol, it took immediate action to halt the liquidity services. This was done to prevent the hacker from depleting the liquidity reserves of Crema Finance, which include the cash of the service provider and investors.</p> <p style="text-align: center"><span style="font-weight: 400"><a href="https://insidebitcoins.com/visit/etoro" class="su-button su-button-style-3d" style="color:#000000;background-color:#F9A602;border-color:#c88502;border-radius:9px;-moz-border-radius:9px;-webkit-border-radius:9px" target="_self" rel="nofollow"><span style="color:#000000;padding:0px 24px;font-size:18px;line-height:36px;border-color:#fbc14e;border-radius:9px;-moz-border-radius:9px;-webkit-border-radius:9px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none"> <strong>Buy Solana Now</strong></span></a></span></p> <p style="text-align: center"><em>Your capital is at risk.</em></p> <h2>Steps Taken To Rectify Problem</h2> <p>In an interview with Cointelegraph, Henry Du, one of the co-founders of Crema Finance, discussed the issue at hand and verified that an inquiry has been launched.</p> <p>He mentioned that the group is collaborating with a few different security businesses, and they have received help from Solana, Solscan, and Etherscan, among other companies.</p> <p>They have promised to keep their official Twitter account updated with any new information.</p> <h2>Crypto Community Unites To Help</h2> <p>The Crypto Twitter community has taken it upon themselves to hunt down the hacker&rsquo;s wallet and obtain a better grasp of the problem, despite the fact that the firm has not yet provided an explanation dependent on a probe that was underway at the time that this article was written.</p> <p>A member in the cryptocurrency community under the handle @HarveyMackinto2 is said to have uncovered the hacker&rsquo;s wallet address through their own independent research.</p> <p>This particular address is in possession of 69,422.89 <a href="https://insidebitcoins.com/buy-cryptocurrency/buy-solana">Solana (SOL) tokens</a>, which are valued at around $2.3 million.</p> <p>These tokens were acquired during a series of transactions that took place over the course of many hours.</p> <p>The rest of the cryptocurrency world, on the other hand, is of the opinion that the hacker is responsible for the loss of about 90% of the total liquidity held in certain of Crema Finance&rsquo;s pools.</p> <p>Du, too, has verified that all of the protocol&rsquo;s functionalities have been paused permanently, and the company has encouraged investors to remain tuned for more information in the form of an update.</p> <p>It is important for readers to keep in mind that Crema Finance is not connected in any way to Cream Finance, a decentralized finance DeFi lending protocol that, like Crema Finance, suffered a loss of $19 million in a flash loan hack in 2017.</p> <h3>Read More:</h3> <ul> <li><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-solana">How to Buy Solana at Low Fee</a></li> <li><a href="https://insidebitcoins.com/cryptocurrency/crypto-staking">Detailed Guide to Earning Passive Income via Crypto Staking</a></li> </ul> <div class="inContentProviderSingle inContentColor--insidebitcoins fc-row"> <div class="inContentProviderSingle--wrapper"> <div class="container"> <div class="row mb-lg-3"> <div class="col-12 col-md-8"> <p class="inContentProviderSingle--title">Lucky Block - Our Recommended Crypto of 2022</p> </div> <div class="col-12 col-md-4"> <div class="inContentProviderSingle--rating"> <div class="rating--holder"> <p class="rating--text">Our Rating</p> <div class="rating--star-container"> <div class="rating--star" style="width: 100%;"></div> </div> </div> </div> </div><!--/.col-md-4--> </div><!--/.row--> <div class="row"> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"> <img class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2022/05/Lucky-Block-logo.svg" alt="Lucky Block" width="125" height="60"> </div> <div class="col-12 col-md-8"> <ul class="inContentProviderSingle--list"> <li>New Crypto Games Platform</li> <li>Featured in Forbes, Nasdaq.com, Yahoo Finance</li> <li>LBLOCK Token Up 1000%+ From Presale</li> <li>Listed on Pancakeswap, LBank</li> <li>Free Tickets to Jackpot Prize Draws for Holders</li> <li>Passive Income Rewards - Play to Earn Utility</li> <li>10,000 NFTs Minted in 2022 - Now on NFTLaunchpad.com</li> <li>$1 Million NFT Jackpot in May 2022</li> <li>Worldwide Decentralized Competitions</li> </ul><!--/.inContentProviderSingle--lis--> </div> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"> <img class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2022/05/Lucky-Block-logo.svg" alt="Lucky Block" width="125" height="60"> </div> </div><!--/.row--> <div class="row"> <div class="col-12 text-center"> <div class="inContentProviderSingle--button"> <a href="https://insidebitcoins.com/visit/luckyblock" title="Start Trading" rel="nofollow">Visit Site</a> </div> <div class="inContentProviderSingle--disclaimerText"> Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. </div> </div> </div><!--/.row--> </div><!--/.container--> </div><!--/.inContentProviderSingle--wrapper--> </div><!--/.inContentProvider--single--> </body></html> After Bouncing Back From a 6-Weeks Low, Cardano’s Price Falls Deeper https://insidebitcoins.com/news/after-bouncing-back-from-a-6-weeks-low-cardanos-price-falls-deeper Inside Bitcoins urn:uuid:f562f711-ec93-0bb2-737f-e97ff7a4f1f2 Mon, 04 Jul 2022 05:05:51 +0000 The top cryptocurrency measured by market capitalization, Bitcoin (BTC), had a significant rebound during the last twenty-four hours after falling to a low of $19.2k <a class="read-more-link" href="https://insidebitcoins.com/news/after-bouncing-back-from-a-6-weeks-low-cardanos-price-falls-deeper" title="After Bouncing Back From a 6-Weeks Low, Cardano&#8217;s Price Falls Deeper">[...]</a> <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><body><p>The top cryptocurrency measured by market capitalization, <a href="https://insidebitcoins.com/buy-cryptocurrency/buy-bitcoin">Bitcoin (BTC)</a>, had a significant rebound during the last twenty-four hours after falling to a low of $19.2k before the time this article was written.</p> <p>Immediately after this drop, its price began to recover, and shortly thereafter it moved higher by 10%, reaching a high of $20.8k in trading. Despite this, the bounce didn&rsquo;t last long since sellers were ready to seize on the opportunity.</p> <p>As a result, another cryptocurrency that had a price increase during this period is <a href="https://insidebitcoins.com/buy-cryptocurrency/buy-cardano">Cardano (ADA)</a>, which saw its price increase from the lows of its six-week range to $0.44.</p> <p>The beginning of the weekend coincided with what appeared to be the beginning of a downward trend for the alternative currency.</p> <p>The specified ADA range had a minimum value of $0.44, a maximum value of $0.64, and a value that fell somewhere in the middle of the range at around $0.54.</p> <p>During the previous month, there was significant demand in the region ranging from $0.42 to $0.44.</p> <h2>Bright Days Ahead for ADA</h2> <p>When viewed on a daily basis, the chart for <a href="https://insidebitcoins.com/buy-cryptocurrency/buy-cardano">ADA/USDT</a> means that the cost of ADA is now in the demand zone. At the time of this writing, the price of ADA is about $0.4448. If past patterns are any indication, bulls might make a move to their advantage at this level.</p> <p>On the other side, a bearish declining triangle has developed on the daily chart, and the price of ADA is at a pivotal position as it is near the tip of the graph. This might indicate that ADA is about to make a significant move.</p> <p style="text-align: center"><span style="font-weight: 400"><a href="https://insidebitcoins.com/visit/etoro" class="su-button su-button-style-3d" style="color:#000000;background-color:#F9A602;border-color:#c88502;border-radius:9px;-moz-border-radius:9px;-webkit-border-radius:9px" target="_self" rel="nofollow"><span style="color:#000000;padding:0px 24px;font-size:18px;line-height:36px;border-color:#fbc14e;border-radius:9px;-moz-border-radius:9px;-webkit-border-radius:9px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none"> <strong>Buy Cardano Now</strong></span></a></span></p> <p style="text-align: center"><em>Your capital is at risk.</em></p> <p>If the price of ADA is unable to close at a level that places it over the upper limit of the chart pattern, then the price of ADA may continue to decline. On the other hand, if it is able to close higher than this level, then the bearish thesis cannot be sustained.</p> <h3>Read More:</h3> <ul> <li><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-cardano">How to Buy Cardano at Low Fee</a></li> <li><a href="https://insidebitcoins.com/cryptocurrency/crypto-staking">Detailed Guide to Earning Passive Income via Crypto Staking</a></li> </ul> <div class="inContentProviderSingle inContentColor--insidebitcoins fc-row"> <div class="inContentProviderSingle--wrapper"> <div class="container"> <div class="row mb-lg-3"> <div class="col-12 col-md-8"> <p class="inContentProviderSingle--title">Lucky Block - Our Recommended Crypto of 2022</p> </div> <div class="col-12 col-md-4"> <div class="inContentProviderSingle--rating"> <div class="rating--holder"> <p class="rating--text">Our Rating</p> <div class="rating--star-container"> <div class="rating--star" style="width: 100%;"></div> </div> </div> </div> </div><!--/.col-md-4--> </div><!--/.row--> <div class="row"> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"> <img class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2022/05/Lucky-Block-logo.svg" alt="Lucky Block" width="125" height="60"> </div> <div class="col-12 col-md-8"> <ul class="inContentProviderSingle--list"> <li>New Crypto Games Platform</li> <li>Featured in Forbes, Nasdaq.com, Yahoo Finance</li> <li>LBLOCK Token Up 1000%+ From Presale</li> <li>Listed on Pancakeswap, LBank</li> <li>Free Tickets to Jackpot Prize Draws for Holders</li> <li>Passive Income Rewards - Play to Earn Utility</li> <li>10,000 NFTs Minted in 2022 - Now on NFTLaunchpad.com</li> <li>$1 Million NFT Jackpot in May 2022</li> <li>Worldwide Decentralized Competitions</li> </ul><!--/.inContentProviderSingle--lis--> </div> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"> <img class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2022/05/Lucky-Block-logo.svg" alt="Lucky Block" width="125" height="60"> </div> </div><!--/.row--> <div class="row"> <div class="col-12 text-center"> <div class="inContentProviderSingle--button"> <a href="https://insidebitcoins.com/visit/luckyblock" title="Start Trading" rel="nofollow">Visit Site</a> </div> <div class="inContentProviderSingle--disclaimerText"> Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. </div> </div> </div><!--/.row--> </div><!--/.container--> </div><!--/.inContentProviderSingle--wrapper--> </div><!--/.inContentProvider--single--> </body></html> https://99bitcoins.com/bitcoin-news-summary-jul-4-2022/ 99 Bitcoins urn:uuid:5a23bacd-ecbf-fef4-426f-cb26533b4ed1 Mon, 04 Jul 2022 05:00:46 +0000 <p>The post <a rel="nofollow" href="https://99bitcoins.com/bitcoin-news-summary-jul-4-2022/"> This Metaverse Project Enables Users to Purchase Their Digital Homes https://insidebitcoins.com/news/first-hyper-realistic-metaverse-enables-users-to-purchase-their-digital-homes Inside Bitcoins urn:uuid:e43ead50-abd5-7070-5111-e92f17196541 Mon, 04 Jul 2022 04:43:49 +0000 As per recent reports, Verse Estate is lending a hand in building the metaverse, by laying the groundwork as an environmentally-friendly metaverse agency. Offering luxurious <a class="read-more-link" href="https://insidebitcoins.com/news/first-hyper-realistic-metaverse-enables-users-to-purchase-their-digital-homes" title="This Metaverse Project Enables Users to Purchase Their Digital Homes">[...]</a> <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><body><p>As per recent reports, Verse Estate is lending a hand in building the metaverse, by laying the groundwork as an environmentally-friendly metaverse agency. Offering luxurious digital properties, with a variety of luxury items, such as a private plane, among other things.</p> <p>Metaverse, the word itself, has made more headlines over the last year than one can keep track of. Facebook changed its name after the concept, now known to be just Meta.</p> <p style="text-align: center"><span style="font-weight: 400"><a href="https://insidebitcoins.com/visit/etoro" class="su-button su-button-style-3d" style="color:#000000;background-color:#F9A602;border-color:#c88502;border-radius:9px;-moz-border-radius:9px;-webkit-border-radius:9px" target="_self" rel="nofollow"><span style="color:#000000;padding:0px 24px;font-size:18px;line-height:36px;border-color:#fbc14e;border-radius:9px;-moz-border-radius:9px;-webkit-border-radius:9px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none"> <strong>Buy Metaverse Tokens Now</strong></span></a></span></p> <p style="text-align: center"><em>Your capital is at risk.</em></p> <p>And a hundred other major brands, including Walmart, announced their interest in this revolutionary technology.</p> <h2><strong>Understanding Metaverse</strong></h2> <p>Just like blockchain technology, most of us had trouble wrapping our heads around what a metaverse is. From the sound of it or the way it has been advertised, most of us have the assumption that it has something to do with computers and gaming.</p> <p>While that&rsquo;s a part of it, Metaverse is essentially a network of 3D worlds that can be accessed through a virtual reality headset. Aiming to deliver an interactive experience, as close to the real world as possible, if not better.</p> <p>Often referred to as the future iteration of the internet, the metaverse will allow users to interact in a way that mimics real-life to its finest. Eliminating the disconnect we feel when working with our regular devices. Don&rsquo;t want to work in real life? Well, you can do it in the metaverse for a change. Want to meet your friends for a movie but don&rsquo;t feel the need to go out? The metaverse has you covered.</p> <p>So you may ask, where is this metaverse? The thing is, it isn&rsquo;t entirely existent yet. Video games come the closest when imagining what a metaverse would be like. But experiencing a full-fledged metaverse will still take some time, like the internet we have today. However, that&rsquo;s not to say investing in ambitious metaverse projects now isn&rsquo;t lucrative.</p> <p>On the contrary, many <a href="https://insidebitcoins.com/buy-cryptocurrency/best-metaverse-coins">metaverse projects</a> have made millions of dollars, in the few years they&rsquo;ve been operational. The sandbox metaverse, offering digital real estate, is known to have made a sale of more than $4 million, in a digital land deal.</p> <h2><strong>Living In The Metaverse, and More</strong></h2> <p>Verse Estate is lending a hand in building the metaverse, by laying the groundwork as an environmentally-friendly metaverse agency. Offering luxurious digital properties, with a variety of luxury items, such as a private plane, among other things.</p> <p>These digital properties can be accessed with a VR-enabled device, such as the Oculus, or simply through a desktop if you don&rsquo;t own a VR device. The owner will also be able to design and customize the properties they own. Changing the color and texture of the furniture is one example of the same.</p> <p>The brand announced the launch of its New York penthouse on July 3. Also providing an insight into their mission, in a tweet a few days before, that read &ldquo;<em>Our goal is to make luxury accessible to everyone! Don&rsquo;t expect anything less than the best VR-ready product in the world if you are one of our users. If you don&rsquo;t own an Oculus, you can simply use our desktop version on Windows, Mac version coming on the 15th of August!</em>&rdquo;</p> <p>The owners of this estate will be part of an exclusive community, where members can interact with each other through social events and fun games. The brand is also set to introduce play-to-earn games, to be made available in collaboration with Vincent Faudemer, among others.</p> <p>Verse Estate also plans on organizing exclusive events such as concerts, sports activities and auctions. Bridging the gap between the real and the virtual world, in more than one way.</p> <h2><strong>Ownership Property in Metaverse is Free of Hassles</strong></h2> <p>Unlike real-world property ownership, which takes more than a while to transfer and is more often than not a hassle. Owning a property in this metaverse is simply effortless, requiring no more than a few clicks.</p> <p>This is made possible with the integration of <a href="https://insidebitcoins.com/buy-cryptocurrency/buy-nft/nft-explained">NFTs</a>, which provide proof of ownership to the estate owner. Similar to an ownership contract in the real world, but better. Enabling owners to transfer part of their ownership, or the entire thing any time they find convenient.</p> <p>The purchase transaction times are incredibly quicker too, as tracking the history of a property &ndash; enabled by blockchain technology &ndash; is pretty seamless. This also means that lease agreements would process much quicker than what we&rsquo;re traditionally accustomed to.</p> <p>By connecting their wallet to the Verse account, users can log in from their VR devices or desktops and access their digital properties. The brand has not only launched some attractive properties but also partners with other brands and celebrities, helping them improve their audience interaction by leveraging the metaverse technology.</p> <p style="text-align: center"><span style="font-weight: 400"><a href="https://insidebitcoins.com/visit/etoro" class="su-button su-button-style-3d" style="color:#000000;background-color:#F9A602;border-color:#c88502;border-radius:9px;-moz-border-radius:9px;-webkit-border-radius:9px" target="_self" rel="nofollow"><span style="color:#000000;padding:0px 24px;font-size:18px;line-height:36px;border-color:#fbc14e;border-radius:9px;-moz-border-radius:9px;-webkit-border-radius:9px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none"> <strong>Buy Metaverse Tokens via eToro</strong></span></a></span></p> <p style="text-align: center"><em>Your capital is at risk.</em></p> <p>The firm has also partnered with the Magic Eden platform recently, to be featured on the launchpad for the New York City collection.</p> <h3>Read More:</h3> <ul> <li><a href="https://insidebitcoins.com/buy-cryptocurrency/best-metaverse-coins">These are the Best Metaverse Coins of 2022</a></li> <li><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-nft/best-metaverse-projects">Have a Look at the Best Metaverse Projects of 2022</a></li> </ul> <div class="inContentProviderSingle inContentColor--insidebitcoins fc-row"> <div class="inContentProviderSingle--wrapper"> <div class="container"> <div class="row mb-lg-3"> <div class="col-12 col-md-8"> <p class="inContentProviderSingle--title">Lucky Block - Our Recommended Crypto of 2022</p> </div> <div class="col-12 col-md-4"> <div class="inContentProviderSingle--rating"> <div class="rating--holder"> <p class="rating--text">Our Rating</p> <div class="rating--star-container"> <div class="rating--star" style="width: 100%;"></div> </div> </div> </div> </div><!--/.col-md-4--> </div><!--/.row--> <div class="row"> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"> <img class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2022/05/Lucky-Block-logo.svg" alt="Lucky Block" width="125" height="60"> </div> <div class="col-12 col-md-8"> <ul class="inContentProviderSingle--list"> <li>New Crypto Games Platform</li> <li>Featured in Forbes, Nasdaq.com, Yahoo Finance</li> <li>LBLOCK Token Up 1000%+ From Presale</li> <li>Listed on Pancakeswap, LBank</li> <li>Free Tickets to Jackpot Prize Draws for Holders</li> <li>Passive Income Rewards - Play to Earn Utility</li> <li>10,000 NFTs Minted in 2022 - Now on NFTLaunchpad.com</li> <li>$1 Million NFT Jackpot in May 2022</li> <li>Worldwide Decentralized Competitions</li> </ul><!--/.inContentProviderSingle--lis--> </div> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"> <img class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2022/05/Lucky-Block-logo.svg" alt="Lucky Block" width="125" height="60"> </div> </div><!--/.row--> <div class="row"> <div class="col-12 text-center"> <div class="inContentProviderSingle--button"> <a href="https://insidebitcoins.com/visit/luckyblock" title="Start Trading" rel="nofollow">Visit Site</a> </div> <div class="inContentProviderSingle--disclaimerText"> Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. </div> </div> </div><!--/.row--> </div><!--/.container--> </div><!--/.inContentProviderSingle--wrapper--> </div><!--/.inContentProvider--single--> </body></html> Bitcoin Price Prediction for Today July 2: BTC Price Hovers Above $19k Support https://insidebitcoins.com/news/bitcoin-price-prediction-for-today-july-2-btc-price-hovers-above-19k-support Inside Bitcoins urn:uuid:901a73a3-8801-03d8-e811-e6989586284e Mon, 04 Jul 2022 04:25:42 +0000 Bitcoin Bulls and Bears Reach Indecision As BTC Price Hovers Above $19k Support – July 2, 2022 BTC/USD is fluctuating in a narrow range as <a class="read-more-link" href="https://insidebitcoins.com/news/bitcoin-price-prediction-for-today-july-2-btc-price-hovers-above-19k-support" title="Bitcoin Price Prediction for Today July 2: BTC Price Hovers Above $19k Support">[...]</a> <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><body> <!-- Google Tag Manager (noscript) --> <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-MJC7PF5" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript> <!-- End Google Tag Manager (noscript) --><h2>Bitcoin Bulls and Bears Reach Indecision As BTC Price Hovers Above $19k Support &ndash; July 2, 2022</h2> <p><a href="https://insidebitcoins.com/uk/buy-bitcoin">BTC/USD</a> is fluctuating in a narrow range as BTC price hovers above $19k support. For the past week, the BTC price has been fluctuating between $18,800 and $19,900 price levels. Since July 1, the price action has been characterized by small body indecisive candlesticks called Doji. Bitcoin will regain bullish momentum if it rebounds above the $19,000 support</p> <p><strong>Bitcoin Price Statistics Data:</strong><br>&bull;Bitcoin price now &ndash; $19,103.01<br>&bull;Bitcoin market cap &ndash; $364,588,131,803<br>&bull;Bitcoin circulating supply &ndash; 19,084,612.00 BTC<br>&bull;Bitcoin total supply &ndash; $401,257,762,649<br>&bull;Bitcoin Coinmarketcap ranking &ndash; # 1<br><br><strong>Resistance Levels:</strong> $50,000, $55, 000, $60,000 <br><strong>Support Levels</strong>: $25,000, $20,000, $15,000 </p> <p style="text-align: center"></p><div class="su-button-center"><a href="https://insidebitcoins.com/visit/etoro-news" class="su-button su-button-style-3d" style="color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px" target="_self" rel="nofollow"><span style="color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none"> Buy Bitcoin Now</span></a></div> <p>Today, Bitcoin&rsquo;s (BTC)price is trading at $19,111 at the time of writing. Since June 30 price slump, Bitcoin has been trading between $18,800 and $19,900 price levels. Neither buyers nor sellers have broken the range-bound levels. <a href="https://insidebitcoins.com/news/bitcoin-price-prediction-for-today-june-30-btc-price-trades-marginally-above-19k">The crypto will trend when the range-bound levels are breached.</a> On the downside, if Bitcoin retraces and breaks below $18,800 support, the market will decline to $17,605 low. On the upside, if the bulls break the $19,900 resistance, Bitcoin will rally to a $23,010 high.In the meantime, the price action has been characterized by small body indecisive candlesticks called Doji. The Doji candlesticks indicate that buyers and sellers have reached a period of indecision.</p> <h2>80,000 Bitcoin Investors Lose Their Millionaire Status After Crypto Market Downturn</h2> <p>According to a report, over 80,000 Bitcoin investors have lost their millionaire status because of the crypto market downturn In other words, the number of Bitcoin millionaires has declined by more than 75% since November last year. On November 12, data from BitInfoCharts indicate that the BTC price was around $69,000, and a total of 108,886 BTC addresses reported a balance greater than $1 million. Today, the BTC price is struggling to hold above the $20,000 support. In addition, about 26,284 addresses are reported to contain holdings valued at $1 million.</p> <p>This indicates that the number of paper millionaires has declined by more than 75% throughout the last nine months. The report has it that: &ldquo;Despite the decline in the net worth of former BTC millionaires, the bear market has seen more than 13,000 new &ldquo;wholecoiners&rdquo; &mdash; a wallet that contains one or more BTC &mdash; added to the market, bringing the total number of wholecoiners to just over 860,000. This significant spike in the number of whole coiners would suggest that retail investors are accumulating large amounts of BTC while prices tank.&rdquo;</p> <figure id="attachment_335307" aria-describedby="caption-attachment-335307" style="width: 1049px" class="wp-caption alignnone"><img class="wp-image-335307 size-full" src="https://insidebitcoins.com/wp-content/uploads/2022/07/BTCUSDDaily-Chart2.png" alt="Bitcoin Price Prediction for Today July 2: BTC Price Hovers Above $19k Support" width="1049" height="536" srcset="https://insidebitcoins.com/wp-content/uploads/2022/07/BTCUSDDaily-Chart2.png 1049w, https://insidebitcoins.com/wp-content/uploads/2022/07/BTCUSDDaily-Chart2-300x153.png 300w, https://insidebitcoins.com/wp-content/uploads/2022/07/BTCUSDDaily-Chart2-1024x523.png 1024w, https://insidebitcoins.com/wp-content/uploads/2022/07/BTCUSDDaily-Chart2-768x392.png 768w" sizes="(max-width: 1049px) 100vw, 1049px"><figcaption id="caption-attachment-335307" class="wp-caption-text">BTC/USD &ndash; Daily Chart</figcaption></figure> <p style="text-align: left">Meanwhile, Bitcoin is declining marginally as BTC price hovers above $19k support. The cryptocurrency risks further decline if the bears break below the $18,800 support. On May 12 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement suggests that BTC will fall to level 1.618 Fibonacci extension or level $16,647.76. <br><br><strong>Read more:</strong><br>&bull; <a href="https://insidebitcoins.com/buy-cryptocurrency">How to buy cryptocurrency</a><br>&bull; <a href="https://insidebitcoins.com/buy-cryptocurrency/buy-bitcoin">How to buy Bitcoin</a> &nbsp; &nbsp; </p><div class="inContentProviderSingle inContentColor--insidebitcoins fc-row"> <div class="inContentProviderSingle--wrapper"> <div class="container"> <div class="row mb-lg-3"> <div class="col-12 col-md-8"> <p class="inContentProviderSingle--title">Our Recommended Bitcoin Account</p> </div> <div class="col-12 col-md-4"> <div class="inContentProviderSingle--rating"> <div class="rating--holder"> <p class="rating--text">Our Rating</p> <div class="rating--star-container"> <div class="rating--star" style="width: 100%;"></div> </div> </div> </div> </div><!--/.col-md-4--> </div><!--/.row--> <div class="row"> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"> <img class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2021/08/logo-etoro.svg" alt="eToro exchange" width="125" height="60"> </div> <div class="col-12 col-md-8"> <ul class="inContentProviderSingle--list"> <li>Buy, sell, trade and store BTC on the eToro platform</li> <li>Social trading platform &amp; copy trading </li> <li>CySEC, ASIC &amp; FCA regulated</li> </ul><!--/.inContentProviderSingle--lis--> </div> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"> <img class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2021/08/logo-etoro.svg" alt="eToro exchange" width="125" height="60"> </div> </div><!--/.row--> <div class="row"> <div class="col-12 text-center"> <div class="inContentProviderSingle--button"> <a href="https://insidebitcoins.com/visit/etoro" title="Start Trading" rel="nofollow">Visit Site</a> </div> <div class="inContentProviderSingle--disclaimerText"> 68% of retail investor accounts lose money when trading CFDs with this provider. </div> </div> </div><!--/.row--> </div><!--/.container--> </div><!--/.inContentProviderSingle--wrapper--> </div><!--/.inContentProvider--single--> </body></html> Bitcoin Struggles At $19K, Is $17K The Next Target? https://www.newsbtc.com/news/bitcoin-struggles-at-19k-is-17k-the-next-target/ NewsBTC urn:uuid:ececd7d8-7e06-f2f0-da1c-11d81a182f40 Mon, 04 Jul 2022 04:00:27 +0000 Bitcoin has been extremely choppy lately, the king coin lost 7% over the last week. This marks the worst quarter for Bitcoin as the coin shed close to 50% in the second quarter of this year. Post June, the cryptocurrency has noted the worst bearish price action. Over the last few days, BTC broke below the $20,000 mark and touched the $19,000 level. Consistent fall on the chart can push BTC to the next support line. Buying strength lowered considerably pushing BTC to lower levels over the last 24 hour. The bulls tried to revive on the chart and dragged the coin towards $22,000, however, intense sell-off dragged the coin to $19,000. The critical support level for the coin stood at $17,000 and as bears mauled harder, the aforementioned level could be a possibility for BTC over the upcoming trading sessions. The global cryptocurrency market cap today is $914 Billion with a 0.3% increase in the last 24 hours. Bitcoin Price Analysis: Four Hour Chart BTC was trading for $19,000 on the four hour chart. The coin previously traded at the same level some weeks back and then tried to recover on the chart. Resistance for BTC stood at $20,000 and then at $22,000. BTC has witnessed stiff resistance at $22,000 as the coin struggled to trade above the same for a considerable period. If BTC&#8217;s current price momentum continues then $17,000 is just a matter of time. Volume of Bitcoin traded declined significantly and the bar was in red displaying bearishness on the chart. The selling pressure had taken over in the market. Technical Analysis BTC registered dearth of buying pressure in the market. The Relative Strength Index was parked below the half-line, near the 40-mark. The indicator depicts buying strength in the market. Although the indicator noted an uptick, buyers had not regained confidence in the asset. The Parabolic SAR demonstrates the price direction and trend reversal of the cryptocurrency. The dotted lines above the candlestick indicated bearishness and change of price direction in the market. This signified negative price action for Bitcoin. Related Reading &#124; Why Bitcoin Could Return To $28,000, But By The End Of 2022 BTC noted significant fall in buying strength but on the four hour chart, the coin flashed buy signals. The Moving Average Convergence Divergence, underwent a bullish crossover which meant that price could pick up briefly on the chart. This formed green histograms on MACD, this is tied to buy signal on the chart. Although the indicator displayed a buy signal, buyers were still struggling in the market. Bollinger Bands portray price volatility of the asset. The narrowing of the bands are tied to upcoming chances of volatility in the market. The technical outlook suggested that price of BTC could fall further and aim for $17,000. Related Reading &#124; Can This Bitcoin Ratio Have Hints For A Bottom? Featured image from Unsplash.com, charts from TradingView.com <p>Bitcoin has been extremely choppy lately, the king coin lost 7% over the last week. This marks the worst quarter for Bitcoin as the coin shed close to 50% in the second quarter of this year. Post June, the cryptocurrency has noted the worst bearish price action.</p> <p>Over the last few days, BTC broke below the $20,000 mark and touched the $19,000 level. Consistent fall on the chart can push BTC to the next support line. Buying strength lowered considerably pushing BTC to lower levels over the last 24 hour.</p> <p>The bulls tried to revive on the chart and dragged the coin towards $22,000, however, intense sell-off dragged the coin to $19,000. The critical support level for the coin stood at $17,000 and as bears mauled harder, the aforementioned level could be a possibility for BTC over the upcoming trading sessions.</p> <p>The global cryptocurrency market cap today is $914 Billion with a 0.3% increase in the last 24 hours.</p> Bitcoin Price Analysis: Four Hour Chart Bitcoin was priced at $19,000 on the four hour chart | Source: BTCUSD on TradingView <p>BTC was trading for $19,000 on the four hour chart. The coin previously traded at the same level some weeks back and then tried to recover on the chart. Resistance for BTC stood at $20,000 and then at $22,000.</p> <p>BTC has witnessed stiff resistance at $22,000 as the coin struggled to trade above the same for a considerable period. If BTC&#8217;s current price momentum continues then $17,000 is just a matter of time.</p> <p>Volume of Bitcoin traded declined significantly and the bar was in red displaying bearishness on the chart. The selling pressure had taken over in the market.</p> Technical Analysis Bitcoin displayed fall in buying strength on the four hour chart | Source: BTCUSD on TradingView <p>BTC registered dearth of buying pressure in the market. The Relative Strength Index was parked below the half-line, near the 40-mark. The indicator depicts buying strength in the market. Although the indicator noted an uptick, buyers had not regained confidence in the asset.</p> <p>The Parabolic SAR demonstrates the price direction and trend reversal of the cryptocurrency. The dotted lines above the candlestick indicated bearishness and change of price direction in the market. This signified negative price action for Bitcoin.</p> <p style="text-align: center">Related Reading | Why Bitcoin Could Return To $28,000, But By The End Of 2022</p> Bitcoin flashed buy signal on the four hour chart | Source: BTCUSD on TradingView <p>BTC noted significant fall in buying strength but on the four hour chart, the coin flashed buy signals. The Moving Average Convergence Divergence, underwent a bullish crossover which meant that price could pick up briefly on the chart.</p> <p>This formed green histograms on MACD, this is tied to buy signal on the chart. Although the indicator displayed a buy signal, buyers were still struggling in the market. Bollinger Bands portray price volatility of the asset.</p> <p>The narrowing of the bands are tied to upcoming chances of volatility in the market. The technical outlook suggested that price of BTC could fall further and aim for $17,000.</p> <p style="text-align: center">Related Reading | Can This Bitcoin Ratio Have Hints For A Bottom?</p> Featured image from Unsplash.com, charts from TradingView.com Crypto Lender Voyager halts all withdrawals and deposits https://insidebitcoins.com/news/crypto-lender-voyager-halts-all-the-withdrawals-and-deposits Inside Bitcoins urn:uuid:f0ba10cf-2591-4e1e-cc9d-2bfa4f36fe58 Mon, 04 Jul 2022 03:57:25 +0000 The crypto winter has frozen a lot more than market movements. Now, people&#8217;s livelihoods are at stake. And just like Sam Bankman-Fried predicted, crypto lending <a class="read-more-link" href="https://insidebitcoins.com/news/crypto-lender-voyager-halts-all-the-withdrawals-and-deposits" title="Crypto Lender Voyager halts all withdrawals and deposits">[...]</a> <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><body><p>The crypto winter has frozen a lot more than market movements. Now, people&rsquo;s livelihoods are at stake. And just like Sam Bankman-Fried predicted, crypto lending platforms hang by the ropes to stay liquid.</p> <p>Despite the FTX founder&rsquo;s attempts to bail out Voyager, the situation has gotten worse. And just as the crypto gurus foresaw, Voyager has halted all withdrawals and deposits.</p> <h2><strong>We need time to explore our alternatives: Voyager Chief </strong></h2> <p>The announcement to halt necessarily all the activities on the platform came on 1<sup>st</sup> July 2022, in which the Voyager Chief stated that his team had made a difficult but mandatory decision to temporarily suspend withdrawals, deposits, trading, and loyalty rewards.</p> <p>&ldquo;It will provide us time to continue to explore strategic alternatives and preserve the voyager platform we have built together. We are in discussions with various parties and will provide additional information at the appropriate time.&rdquo; &ndash; Voyager Chief said in the official statement.</p> <h2><strong>What the Voyager Users would still be able to do, and What They won&rsquo;t be?</strong></h2> <p>Thankfully, the announcement comes with additional information about what Voyager users can expect for the time being.</p> <p><strong>The Voyager Digital App is Still working</strong></p> <p>The app will continue to work, allowing users to view market data and their portfolios. Users will also receive reward payments in June and July.</p> <p>The statement does not talk about anything beyond July.</p> <p><strong>When will the users be able to assess the assets on the platform?</strong></p> <p>The official statement gives no news about when or if the users can assess their assets on the platform. &ldquo;We are working quickly to life the suspension on trading, deposits, withdrawals, and loyalty rewards.&rdquo; &ndash; the statement reads.</p> <p>The team has although promised to update the customer regularly as it arrives.</p> <p><strong>What about those with the Voyager Debit Card?</strong></p> <p>Voyager debit card is a crypto-powered debit card in the same vein as Crypto.com&rsquo;s flagship product. It allows users to spend their USDC holdings like cash at outlets that accept Mastercard. The biggest draw of the card, however, has been its 9% annual reward.</p> <p>But now that Voyager digital has suspended most operations, the Voyager Debit card will stop working. Users will neither receive rewards nor will be able to make any automatic payments using the debit card.</p> <p>After realizing customers are likely to ask the meaning of the diplomatic term &ldquo;exploring strategic alternatives,&rdquo; Voyager Digital said it means that it&rsquo;s in contact with parties to bring additional liquidity to the platform.</p> <p>To sum up, users won&rsquo;t be able to use the platform for trading, withdrawing, or depositing. However, Voyager digital has stated that users will receive the rewards for June and July. The statement did not answer whether or not users can withdraw these rewards.</p> <h2><strong>Failure to Recover the Debt is the cause of Voyager&rsquo;s Current State</strong></h2> <p>Three Arrows Capital, the Singapore-based crypto hedge fund, finally fell into the pit of liquidation after repeatedly denying on social media that the situation wasn&rsquo;t that bad.</p> <p>Everyone from the founder to some insider sources attempted to assuage the community&rsquo;s concerns that the company would find a way to bounce back. The concerning part of this is that despite seeing the downfall on crypto giants such as Celsius, the community held out hope.</p> <p>And Three Arrow Capitals was also not ready to give up and tried to stay afloat, taking debts from left and right. But, oblivious about its own terrible state, the crypto hedge fund company ended up with $675 million in debt that it couldn&rsquo;t possibly repay.</p> <p>The fate of 3AC came to a disastrous conclusion on 2<sup>nd</sup> July 2022 when the British Virgin Islands court ordered the liquidation of the crypto hedge fund company &ndash; leading 3AC to file for Chapter 15 Bankruptcy.</p> <p>Voyager&rsquo;s current state is because of Three Arrow Capital&rsquo;s inability to pay. Voyager was <strong>THE </strong>lender that lent $350 million and 15,250 Bitcoins to the crypto hedge fund company. Unable to recover the amount, Voyager had to take aid from Almeda Capital, gaining access to a revolving line of credit to meet customers&rsquo; liquidity needs.</p> <h2><strong>The Current Crypto Pit can be Traced to the fall of TerraUSD</strong></h2> <p>Voyager, Celcius, Babel, Three Arrows Capital, and a bunch of other crypto lending platforms can all trace their current circumstance back to the fall of TerraUSD in May. Once world&rsquo;s most popular Stablecoin depegged from USD by almost 31% within a couple of minutes and lost all of its value within the next couple of hours.</p> <p>The fall zapped $280 billion value from the crypto market. As faith in crypto started to vane, Bitcoin&rsquo;s value plunged &ndash; going from above $42k to sub $20k within the first six months.</p> <h2><strong>Read More</strong></h2> <ul> <li><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-ftt">Where to buy FTX Token?</a></li> <li><a href="https://insidebitcoins.com/cryptocurrency/best-crypto-interest-account">Best Crypto Interest Account</a></li> </ul> <p> </p><div class="inContentProviderSingle inContentColor--insidebitcoins fc-row"> <div class="inContentProviderSingle--wrapper"> <div class="container"> <div class="row mb-lg-3"> <div class="col-12 col-md-8"> <p class="inContentProviderSingle--title">Lucky Block - Our Recommended Crypto of 2022</p> </div> <div class="col-12 col-md-4"> <div class="inContentProviderSingle--rating"> <div class="rating--holder"> <p class="rating--text">Our Rating</p> <div class="rating--star-container"> <div class="rating--star" style="width: 100%;"></div> </div> </div> </div> </div><!--/.col-md-4--> </div><!--/.row--> <div class="row"> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"> <img class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2022/05/Lucky-Block-logo.svg" alt="Lucky Block" width="125" height="60"> </div> <div class="col-12 col-md-8"> <ul class="inContentProviderSingle--list"> <li>New Crypto Games Platform</li> <li>Featured in Forbes, Nasdaq.com, Yahoo Finance</li> <li>LBLOCK Token Up 1000%+ From Presale</li> <li>Listed on Pancakeswap, LBank</li> <li>Free Tickets to Jackpot Prize Draws for Holders</li> <li>Passive Income Rewards - Play to Earn Utility</li> <li>10,000 NFTs Minted in 2022 - Now on NFTLaunchpad.com</li> <li>$1 Million NFT Jackpot in May 2022</li> <li>Worldwide Decentralized Competitions</li> </ul><!--/.inContentProviderSingle--lis--> </div> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"> <img class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2022/05/Lucky-Block-logo.svg" alt="Lucky Block" width="125" height="60"> </div> </div><!--/.row--> <div class="row"> <div class="col-12 text-center"> <div class="inContentProviderSingle--button"> <a href="https://insidebitcoins.com/visit/luckyblock" title="Start Trading" rel="nofollow">Visit Site</a> </div> <div class="inContentProviderSingle--disclaimerText"> Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. </div> </div> </div><!--/.row--> </div><!--/.container--> </div><!--/.inContentProviderSingle--wrapper--> </div><!--/.inContentProvider--single--> </body></html> TA: Bitcoin Remains In Downtrend, What Could Spark Sharp Upside https://www.newsbtc.com/analysis/btc/bitcoin-remains-in-downtrend-20k-2/ NewsBTC urn:uuid:e64c03b1-8264-5603-92c1-ccfc6cf7c9cb Mon, 04 Jul 2022 03:08:27 +0000 Bitcoin is trading in a bearish zone below $19,500 against the US Dollar. BTC might start a sharp recovery wave if there is a move above the $19,500 resistance. Bitcoin failed to gain pace above the $19,500 and $19,600 resistance levels. The price is now trading below the $20,000 level and the 100 hourly simple moving average. There is a crucial bearish trend line forming with resistance near $19,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh decline unless there is a move above the $19,500 resistance zone. Bitcoin Price Eyes Upside Break Bitcoin price started another decline below the $19,500 support zone. The price even traded below the $19,000 support zone and spiked below the $18,800 level. A low was formed near $18,738 and the price is now consolidating losses. There was a minor upward move above the $19,000 resistance zone. The price climbed above the 23.6% Fib retracement level of the recent decline from the $20,500 swing high to $18,738 low. However, the price is now facing a strong resistance near the $19,400 zone and the 100 hourly simple moving average. There is also a crucial bearish trend line forming with resistance near $19,500 on the hourly chart of the BTC/USD pair. The trend line is close to the 50% Fib retracement level of the recent decline from the $20,500 swing high to $18,738 low. Source: BTCUSD on TradingView.com The next key resistance is near the $19,800 zone. A clear move above the trend line resistance and then $19,800 could push the price further higher. In the stated case, the price could rise towards the $20,500 level. The next major resistance sits near the $21,200 level. Fresh Decline in BTC? If bitcoin fails to clear the $19,500 resistance zone, it could start another decline. An immediate support on the downside is near the $19,000 level. The next major support now sits near the $18,700 level, below which the price could decline heavily. In the stated case, the price may perhaps decline towards the $17,500 level. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $19,000, followed by $18,700. Major Resistance Levels – $19,500, $19,800 and $20,500. <p>Bitcoin is trading in a bearish zone below $19,500 against the US Dollar. BTC might start a sharp recovery wave if there is a move above the $19,500 resistance.</p> <ul> <li>Bitcoin failed to gain pace above the $19,500 and $19,600 resistance levels.</li> <li>The price is now trading below the $20,000 level and the 100 hourly simple moving average.</li> <li>There is a crucial bearish trend line forming with resistance near $19,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).</li> <li>The pair could start a fresh decline unless there is a move above the $19,500 resistance zone.</li> </ul> Bitcoin Price Eyes Upside Break <p>Bitcoin price started another decline below the $19,500 support zone. The price even traded below the $19,000 support zone and spiked below the $18,800 level.</p> <p>A low was formed near $18,738 and the price is now consolidating losses. There was a minor upward move above the $19,000 resistance zone. The price climbed above the 23.6% Fib retracement level of the recent decline from the $20,500 swing high to $18,738 low.</p> <p>However, the price is now facing a strong resistance near the $19,400 zone and the 100 hourly simple moving average. There is also a crucial bearish trend line forming with resistance near $19,500 on the hourly chart of the BTC/USD pair.</p> <p>The trend line is close to the 50% Fib retracement level of the recent decline from the $20,500 swing high to $18,738 low.</p> <p></p> Source: BTCUSD on TradingView.com <p>The next key resistance is near the $19,800 zone. A clear move above the trend line resistance and then $19,800 could push the price further higher. In the stated case, the price could rise towards the $20,500 level. The next major resistance sits near the $21,200 level.</p> Fresh Decline in BTC? <p>If bitcoin fails to clear the $19,500 resistance zone, it could start another decline. An immediate support on the downside is near the $19,000 level.</p> <p>The next major support now sits near the $18,700 level, below which the price could decline heavily. In the stated case, the price may perhaps decline towards the $17,500 level.</p> <p>Technical indicators:</p> <p>Hourly MACD – The MACD is now losing pace in the bullish zone.</p> <p>Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.</p> <p>Major Support Levels – $19,000, followed by $18,700.</p> <p>Major Resistance Levels – $19,500, $19,800 and $20,500.</p> Indian Central Bank RBI: Cryptocurrencies Are a Clear Danger — Financial Stability Risks Likely to Grow https://news.bitcoin.com/indian-central-bank-rbi-cryptocurrencies-are-a-clear-danger-financial-stability-risks-likely-to-grow/ Bitcoin News urn:uuid:f6022671-77a9-7b8c-e0ca-2f28fb75ebb5 Mon, 04 Jul 2022 03:00:39 +0000 <img width="696" height="392" src="https://static.news.bitcoin.com/wp-content/uploads/2022/07/das.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="Indian Central Bank RBI Says Cryptocurrencies Are a Clear Danger, Financial Stability Risks Currently Limited" style="float:left; margin:0 15px 15px 0;" />India&#x2019;s central bank, the Reserve Bank of India (RBI), sees cryptocurrencies as &#x201C;a clear danger.&#x201D; However, the financial stability risks posed by crypto assets currently appear to be &#x201C;limited.&#x201D; RBI on Crypto&#x2019;s Danger and Financial Stability Risks The Reserve Bank of India (RBI) released the 25th issue of its Financial Stability Report (FSR) Thursday. RBI [&#8230;] <img width="696" height="392" src="https://static.news.bitcoin.com/wp-content/uploads/2022/07/das.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="Indian Central Bank RBI Says Cryptocurrencies Are a Clear Danger, Financial Stability Risks Currently Limited" loading="lazy" style="float:left; margin:0 15px 15px 0;" /><p><strong>India&#x2019;s central bank, the Reserve Bank of India (RBI), sees cryptocurrencies as &#x201C;a clear danger.&#x201D; However, the financial stability risks posed by crypto assets currently appear to be &#x201C;limited.&#x201D;</strong></p> <h2>RBI on Crypto&#x2019;s Danger and Financial Stability Risks</h2> <p>The Reserve Bank of India (RBI) released the 25th issue of its Financial Stability Report (FSR) Thursday. RBI Governor Shaktikanta Das wrote:</p> <blockquote><p>Cryptocurrencies are a clear danger. Anything that derives value based on make believe, without any underlying, is just speculation under a sophisticated name.</p></blockquote> <p>The RBI chief further opined: &#x201C;While technology has supported the reach of the financial sector and its benefits must be fully harnessed, its potential to disrupt financial stability has to be guarded against.&#x201D;</p> <p>The Indian central bank&#x2019;s report explores financial stability risks posed by crypto assets, citing various studies, including the work by the Financial Stability Board (FSB). The report states:</p> <blockquote><p>The risks from cryptoassets to financial stability appear to be currently limited as the overall size is small (0.4 per cent of global financial assets).</p></blockquote> <p>In addition, it notes that crypto&#x2019;s &#x201C;interconnectedness with the traditional financial system is restricted.&#x201D;</p> <p>Nonetheless, the report adds:</p> <blockquote><p>The associated risks are, however, likely to grow as these assets and the ecosystem supporting their growth are evolving.</p></blockquote> <p>The report also discusses stablecoins and central bank digital currencies (CBDCs). The RBI noted: &#x201C;The risks from stablecoins that claim to maintain a stable value against existing fiat currencies require close monitoring, in particular.&#x201D;</p> <p>The RBI statement on financial stability and crypto echoes the comments on the subject by <a href="https://news.bitcoin.com/ecb-chief-lagarde-crypto-and-defi-could-pose-real-risks-to-financial-stability/">Christine Lagarde</a>, the president of the European Central Bank (ECB). &#x201C;Crypto assets and decentralized finance (defi) have the potential to pose real risks to financial stability,&#x201D; she said in June. &#x201C;This would be particularly the case if the rapid growth of crypto-asset markets and services continue &#x2026; and the interconnectedness with both the traditional financial sector and the broader economy is intensified.&#x201D;</p> <p><em><strong>What do you think about the comments by the Indian central bank? Let us know in the comments section below.</strong></em></p> What American Independence Looks Like When Secured By Bitcoin https://bitcoinmagazine.com/culture/american-independence-secured-by-bitcoin Bitcoin Magazine urn:uuid:2e46b680-cae1-b880-5524-a804423d5be3 Mon, 04 Jul 2022 02:00:00 +0000 Bitcoin is a monetary system that returns to the ideals upon which American independence was built. <p class="subtitle">Bitcoin is a monetary system that returns to the ideals upon which American independence was built.</p><!-- tml-version="2" --><p><em>This is an opinion editorial by Bruce Fenton, candidate for U.S. Senate and the founder and CEO of Chainstone labs.</em></p><p>It’s the money. The money is broken. Politicians broke it.</p><p>This truth pretty much summarizes much of what is wrong in our world today: inflation, war, the failed drug war and violence — all a result of bad monetary policy. Even obesity can be traced back to bad money and the broken incentives it causes, such as corn syrup subsidies. We must fix the money to fix America and the world. </p><p>In order to finance World War II, our government sent war heroes to American towns to sell citizens war bonds. They would have to make a case for the war and the use of citizen money. Even when facing Nazis, the government still had to make a case. They had accountability. Today, that accountability is gone. </p><p>In 1971, the U.S. went off the gold standard and modern fiat was born. Unlike in the days of WWII, the government no longer needs to sell you. They don’t need accountability. They have a magic money printer. That money printer says that they can print however much money they want for war or cronies or whatever else they choose. Accountability is gone. </p><p>This modern fiat system is not just unsustainable and harmful to the finances of citizens, it causes great evils in the world. I’d actually go so far as to say that fiat is evil. Fiat, indeed, is the ultimate force for bad deeds in our world. War, death, destruction and many evils of our world would not exist to the scale that they do if we took away the ability of tyrants to print money from thin air. If we starve the beast of government by cutting off its funding, we end up with more peace. Bitcoin offers an alternative. </p><p>In a world of sound money where you control your own wealth, politicians would have to make a case to take your money, they could not print it from thin air. If politicians had to sell you on for-profit prisons, the drug war or drone bombs, like they did in WWII, we’d have a very different world. The lack of accountability leads not just to bad economics but to evil. </p><p>America’s greatest strength has been its freedom and the protection of the rights of citizens enshrined in our highest law of the land. Our Constitution says we have the right to free speech and our courts have said that code is speech: Bernstein v. Department of Justice — this serves as a great foundation for Bitcoin. </p><p>Ideally, this solid base of freedom will help America serve as a model for the world. That ideal model is not one where the government embraces and adopts Bitcoin and has official wallets. It’s a world where the government ignores Bitcoin and the world of money and politics drift apart just as Church and State once drifted their own separate ways. </p><p>There are those with very different ideas. There are those who see money as a tool to control the people. Central bank digital currencies (CBDCs) and other tools of control and regulation must be rejected entirely. This is why I decided to run for office. Our world faces actual evil and we must fight for freedom and human rights. I believe that sound money can do more than I ever could in office for good and for peace, but I also think that it is crucial to have more voices for liberty in Washington. I’ve been psyched to meet so many people on the campaign trail and talk about liberty, freedom and sound economics. It’s also nice to be known as a Bitcoiner and I’m asked questions about Bitcoin every day. This isn’t a simple tech hobby, this may be a foundation for a more free world. </p><p>The foundations for America and for Bitcoin are both based on freedom and voluntary interaction. It’s a natural fit for America — specifically American citizens — to embrace the technology of freedom in order to further our national strength and independence by breaking out of the broken fiat system. If we fix the money, we fix our nation.</p><p><em>This is a guest post by Bruce Fenton. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or </em>Bitcoin Magazine<em>.</em></p> Cardano At $0.45, Which Levels Are The Bears Aiming For? https://www.newsbtc.com/news/cardano-at-0-45-which-levels-are-the-bears-aiming-for/ NewsBTC urn:uuid:2c706908-cce0-8459-5ddf-998066fe0116 Mon, 04 Jul 2022 01:00:55 +0000 Cardano has slipped considerably on its chart over the last week. After losing support at $0.62, ADA has been on a freefall. On the daily chart, the coin has been trading in a descending channel. ADA has now secured $0.42 as its immediate support. Buying pressure has fallen on the chart as ADA has continued to display bearish sentiment. The bulls have been favouring the sellers and if it continues to do the same, the coin might break below the aforementioned support level. From the technical outlook it appears the Cardano might continue to descend further before it registers an upward movement. A strong revival cannot be predicted just yet, however, if buyers re-enter the market the coin could witness some relief. The global cryptocurrency market cap today is $914 Billion with a 0.3% positive change in the last 24 hours. Cardano Price Analysis: Four Hour Chart ADA was trading at $0.46 on the four hour chart. As the coin broke the $0.62 level, the coin has depreciated in value substantially. Over the last week, the coin lost close to 4.8% of its market value. Over the past couple of days, the coin has mostly oscillated between $0.47 and $0.45 respectively. Local support for the coin stood at $0.42, while the resistance for ADA was at $0.53. As buying strength has remained low, a move above the $0.47 mark seems difficult. The amount of ADA traded diminished significantly indicating bearish pressure. The volume bar was red signifying negative price action on the chart. Technical Analysis The altcoin displayed a fall in buying strength after it tried to recover shortly on the chart. The fresh decline on the chart pushed buyers outside the market. The Relative Strength Index depicted a downtick as the indicator was parked near the 40-mark. This indicated that sellers outnumbered buyers in the market. On the 20-SMA line, ADA was below the 20-SMA line which signalled that sellers were driving the price momentum in the market. If demand returns then ADA would push itself over the 20-SMA line gathering some bullishness over the next trading sessions. Suggested Reading &#124; Cardano (ADA) Looks To Recover After Sliding To $0.43 – Pressure’s On For The Bulls In accordance with the falling buying pressure, capital outflows also increased. The Chaikin Money Flow depicts capital inflows and outflows in the market. CMF was seen below the zero-line, which meant that capital inflows have remained lesser than outflows. This meant that selling pressure has mounted in the market. The Directional Movement Index portrays the price momentum and possible reversals. The DMI was bearish as the -DI line was above the +DI line. The ADX (red) was nearing 20 displaying that there was weakness in the current price momentum. For Cardano to experience northbound movement, buyers need to take over the market. Suggested Reading &#124; Dogecoin (DOGE) Could Use Some Lift – An Elon Musk Tweet, Perhaps? Featured image from The Forbes.com, chart from TradingView.com <p>Cardano has slipped considerably on its chart over the last week. After losing support at $0.62, ADA has been on a freefall. On the daily chart, the coin has been trading in a descending channel. ADA has now secured $0.42 as its immediate support.</p> <p>Buying pressure has fallen on the chart as ADA has continued to display bearish sentiment. The bulls have been favouring the sellers and if it continues to do the same, the coin might break below the aforementioned support level.</p> <p>From the technical outlook it appears the Cardano might continue to descend further before it registers an upward movement. A strong revival cannot be predicted just yet, however, if buyers re-enter the market the coin could witness some relief.</p> <p>The global cryptocurrency market cap today is $914 Billion with a 0.3% positive change in the last 24 hours.</p> Cardano Price Analysis: Four Hour Chart Cardano was priced at $0.46 on the four hour chart | Source: ADAUSD on TradingView <p>ADA was trading at $0.46 on the four hour chart. As the coin broke the $0.62 level, the coin has depreciated in value substantially. Over the last week, the coin lost close to 4.8% of its market value. Over the past couple of days, the coin has mostly oscillated between $0.47 and $0.45 respectively.</p> <p>Local support for the coin stood at $0.42, while the resistance for ADA was at $0.53. As buying strength has remained low, a move above the $0.47 mark seems difficult.</p> <p>The amount of ADA traded diminished significantly indicating bearish pressure. The volume bar was red signifying negative price action on the chart.</p> Technical Analysis Cardano registered fall in buying strength on the four hour chart | Source: ADAUSD on TradingView <p>The altcoin displayed a fall in buying strength after it tried to recover shortly on the chart. The fresh decline on the chart pushed buyers outside the market. The Relative Strength Index depicted a downtick as the indicator was parked near the 40-mark.</p> <p>This indicated that sellers outnumbered buyers in the market. On the 20-SMA line, ADA was below the 20-SMA line which signalled that sellers were driving the price momentum in the market. If demand returns then ADA would push itself over the 20-SMA line gathering some bullishness over the next trading sessions.</p> <p>Suggested Reading | Cardano (ADA) Looks To Recover After Sliding To $0.43 – Pressure’s On For The Bulls</p> Cardano displayed decreased capital inflows on the four hour chart | Source: ADAUSD on TradingView <p>In accordance with the falling buying pressure, capital outflows also increased. The Chaikin Money Flow depicts capital inflows and outflows in the market. CMF was seen below the zero-line, which meant that capital inflows have remained lesser than outflows.</p> <p>This meant that selling pressure has mounted in the market. The Directional Movement Index portrays the price momentum and possible reversals.</p> <p>The DMI was bearish as the -DI line was above the +DI line. The ADX (red) was nearing 20 displaying that there was weakness in the current price momentum.</p> <p>For Cardano to experience northbound movement, buyers need to take over the market.</p> <p style="text-align: center">Suggested Reading | Dogecoin (DOGE) Could Use Some Lift – An Elon Musk Tweet, Perhaps?</p> Featured image from The Forbes.com, chart from TradingView.com Mad Money’s Jim Cramer Says Crypto Immolation Shows the Fed’s Job to Tame Inflation Is Almost Complete https://news.bitcoin.com/mad-moneys-jim-cramer-says-crypto-immolation-the-feds-job-to-tame-inflation-is-almost-complete/ Bitcoin News urn:uuid:5c2e856b-2225-83b0-6d6a-83e5c50e3c29 Mon, 04 Jul 2022 00:30:15 +0000 <img width="696" height="392" src="https://static.news.bitcoin.com/wp-content/uploads/2022/07/cramer.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="Mad Money&#039;s Jim Cramer Says Crypto&#039;s Immolation Means the Fed&#039;s Job to Tame Inflation Is &#039;Almost Complete&#039;" style="float:left; margin:0 15px 15px 0;" />The host of Mad Money, Jim Cramer, claims that &#x201C;With the immolation of crypto, the Fed&#x2019;s job is almost complete.&#x201D; He stressed that &#x201C;one front in the war on inflation that&#x2019;s been an outstanding total victory for the Fed&#x201D; is the battle against financial speculation. Jim Cramer on Fed&#x2019;s Policy, Inflation, Crypto Jim Cramer discussed [&#8230;] <img width="696" height="392" src="https://static.news.bitcoin.com/wp-content/uploads/2022/07/cramer.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="Mad Money&#039;s Jim Cramer Says Crypto&#039;s Immolation Means the Fed&#039;s Job to Tame Inflation Is &#039;Almost Complete&#039;" loading="lazy" style="float:left; margin:0 15px 15px 0;" /><p><strong>The host of Mad Money, Jim Cramer, claims that &#x201C;With the immolation of crypto, the Fed&#x2019;s job is almost complete.&#x201D; He stressed that </strong><strong>&#x201C;one front in the war on inflation that&#x2019;s been an outstanding total victory for the Fed&#x201D; is the battle against financial speculation.</strong></p> <h2>Jim Cramer on Fed&#x2019;s Policy, Inflation, Crypto</h2> <p>Jim Cramer discussed crypto and the Federal Reserve&#x2019;s fight against inflation on CNBC&#x2019;s Mad Money show Thursday. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website.</p> <p>He began by stating, &#x201C;crypto does not hedge you against anything &#x2014; at all,&#x201D; including stock prices, noting that it has recently performed even worse than the stock market. The Mad Money host called cryptocurrency &#x201C;the last bastion of rampant speculation,&#x201D; noting that it is something &#x201C;the Federal Reserve is trying to wipe out in order to tame inflation.&#x201D;</p> <p>While acknowledging the Fed&#x2019;s efforts against inflation, he said, &#x201C;we&#x2019;ve still got lots of inflation out there.&#x201D; He named housing, retail, commodities, transport, wage, and financial inflation &#x2014; noting that the latter is also known as speculation. The Mad Money host believes the Fed has won against all the inflation types he mentioned, except wage inflation. &#x201C;I think the Fed is starting to make real progress in fighting inflation, and I salute them,&#x201D; Cramer said.</p> <p>&#x201C;There is one front in the war on inflation that&#x2019;s been an outstanding total victory for the Fed, and that&#x2019;s the battle against financial speculation,&#x201D; he asserted, elaborating:</p> <blockquote><p>With the immolation of crypto, the Fed&#x2019;s job is almost complete, but they don&#x2019;t seem to know it yet.</p></blockquote> <p>Cramer pointed out that the crypto sector has suffered major blows in recent weeks, citing that some major crypto companies are facing solvency crises while some are laying off employees. He cautioned investors about crypto lenders that offer &#x201C;outrageous&#x201D; returns.</p> <p>The Mad Money host opined:</p> <blockquote><p>I know miserable stock owners love company, but this crypto decline is the mother of all miseries, and I think it&#x2019;s a fitting coda to a horrendous quarter.</p></blockquote> <p>&#x201C;Cryptocurrencies of all kinds are still cascading with no real bottom in sight,&#x201D; Cramer claimed, noting that crypto &#x201C;is the opposite of a stable storehold of value.&#x201D; He recently said that he expects <a href="https://news.bitcoin.com/mad-moneys-jim-cramer-expects-bitcoin-to-fall-to-12000/">bitcoin to fall</a> to $12K.</p> <p>Noting that wage inflation is the remaining battleground for the Fed, Cramer concluded: &#x201C;The stock market now reflects a lot of bad news &#x2026; but the Fed&#x2019;s still dismantling the good and they&#x2019;ll keep doing it until the unemployment rate starts to surge, which I suspect will happen after one large, maybe 100-basis-point rate hike.&#x201D;</p> <p><em><strong>What do you think about the comments by Mad Money host Jim Cramer? Let us know in the comments section below.</strong></em></p> Hackers Attacks British Army’s Social Media Accounts, Aiming NFT Users https://insidebitcoins.com/news/hackers-attacks-british-armys-social-media-accounts-aiming-nft-users Inside Bitcoins urn:uuid:97d446d2-a6e6-700a-e0d5-2b6f01f10002 Mon, 04 Jul 2022 00:21:16 +0000 Hackers appear relentless in attacking decentralized finance (DeFi), with scammers recently accelerating their attacks on the non-fungible token (NFTs) and its related space. Social media <a class="read-more-link" href="https://insidebitcoins.com/news/hackers-attacks-british-armys-social-media-accounts-aiming-nft-users" title="Hackers Attacks British Army’s Social Media Accounts, Aiming NFT Users">[...]</a> <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><body> <!-- Google Tag Manager (noscript) --> <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-MJC7PF5" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript> <!-- End Google Tag Manager (noscript) --><p>Hackers appear relentless in attacking decentralized finance (DeFi), with scammers recently accelerating their attacks on the non-fungible token (NFTs) and its related space. Social media platforms associated with British Army are the latest victims, facing the wrath of criminals targeting NFT users.</p> <p>On July 3, hackers exploited the vulnerability existing on British Army&rsquo;s Twitter and YouTube and flooded the social media platforms with content promoting giveaways and competitions to attract NFT users.</p> <p>The recent attack appears a few weeks after similar hackers exploited the manager accounts of popular Bored Ape Yacht Club&rsquo;s real estate venture Otherside, stealing more than $357K in an NFT phishing attack.</p> <p>At the time, scammers breached the Bored Ape Yacht Club&rsquo;s Instagram account and sent phishing links to entice discord groups with free tokens. As a result, scammers swept more than 200 ETH worth roughly $357,000.</p> <p>During the recent raid, hackers changed the British Army&rsquo;s Twitter name several times and changed its profile picture to an Ape wearing face paint akin to that of Batman villain, the renowned joker, and the cartoon robot. Moreover, scammers posted content teasing followers to join the competition, with winners selected randomly to receive NFTs.</p> <p>The notorious scammers also breached the security of the British Army&rsquo;s YouTube channel. In this case, hackers changed YouTube&rsquo;s account name to Ark Invest and a video clip showcasing Tesla CEO, Billionaire Elon Musk, in an exclusive interview about crypto.</p> <p>While speaking shortly after about the alleged hack, an Army Spokesman said:</p> <blockquote><p><em><strong>&ldquo;We are aware of a breach of the Army&rsquo;s Twitter and YouTube accounts, and an investigation is underway.</strong></em><br> <em><strong>We take this information security seriously, and we are resolving the issue. Until we do the investigation, it&rsquo;s inappropriate to comment further.&rdquo;</strong></em></p></blockquote> <p>Although the exact impact of the attack is still not yet determined, the British Army&rsquo;s Twitter feed currently has more than 357,000 followers and over 120,000 YouTube subscribers. However, the recent attack suggests that other social media platforms, especially those with some traffic, are also at high risk.</p> <h2>Related</h2> <ul> <li><a href="https://insidebitcoins.com/news/julian-assanges-nfts-debuts-at-59th-annual-biennale-aerte-in-venice">Julian Assange NFTs Goes Live At Biennale In Venice&nbsp;</a></li> <li><a href="https://insidebitcoins.com/news/hackers-stole-100k-worth-of-erc-20-tokens-from-optimism-nft-marketplace">Hackers Stole $100K From Optimism NFT Marketplace</a></li> </ul> <div class="inContentProviderSingle inContentColor--insidebitcoins fc-row"> <div class="inContentProviderSingle--wrapper"> <div class="container"> <div class="row mb-lg-3"> <div class="col-12 col-md-8"> <p class="inContentProviderSingle--title">Lucky Block - Our Recommended NFT for 2022</p> </div> <div class="col-12 col-md-4"> <div class="inContentProviderSingle--rating"> <div class="rating--holder"> <p class="rating--text">Our Rating</p> <div class="rating--star-container"> <div class="rating--star" style="width: 100%;"></div> </div> </div> </div> </div><!--/.col-md-4--> </div><!--/.row--> <div class="row"> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"> <img class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2022/05/Lucky-Block-logo.svg" alt="Lucky Block" width="125" height="60"> </div> <div class="col-12 col-md-8"> <ul class="inContentProviderSingle--list"> <li>New NFT Game Platform</li> <li>Featured in Forbes, Nasdaq.com, Yahoo Finance</li> <li>Worldwide Competitions with Play to Earn Rewards</li> <li>10,000 NFTs Minted in 2022 - Now on NFTLaunchpad.com</li> <li>3.75 wBNB Floor Price</li> <li>Free Exclusive Entry to Daily NFT Prize Draws</li> <li>Lifetime Access to the Main Lucky Block Prize Draw</li> <li>$1 Million NFT Jackpot in May 2022</li> <li>LBLOCK Token Up 1000%+ From Presale</li> </ul><!--/.inContentProviderSingle--lis--> </div> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"> <img class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2022/05/Lucky-Block-logo.svg" alt="Lucky Block" width="125" height="60"> </div> </div><!--/.row--> <div class="row"> <div class="col-12 text-center"> <div class="inContentProviderSingle--button"> <a href="https://insidebitcoins.com/visit/luckyblock-nft" title="Start Trading" rel="nofollow">Visit Site</a> </div> <div class="inContentProviderSingle--disclaimerText"> Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. </div> </div> </div><!--/.row--> </div><!--/.container--> </div><!--/.inContentProviderSingle--wrapper--> </div><!--/.inContentProvider--single--> </body></html> Circle Taps New York Community Bank as its Latest Custodian for USDC Reserves https://cryptopotato.com/circle-taps-new-york-community-bank-as-its-latest-custodian-for-usdc-reserves/ CryptoPotato urn:uuid:226082d6-d764-2e59-81f3-108723310399 Sun, 03 Jul 2022 22:22:04 +0000 The newly announced partnership marks the first time a community bank acting as custody for a stablecoin's reserves. <p>Circle has tapped a New York state-based community bank as its latest custodial provider for USDC reserves. The move reflects Circle&#8217;s strategy to deepen partnerships with Community Banks across the U.S., attempting to make payments more inclusive to underserved communities.</p> <ul> <li>Under the new agreement, New York Community Bancorp&#8217;s bank subsidiary, New York Community Bank, will become a custodian for USDC reserves.</li> <li>The two companies will leverage their strengths in their respective fields to promote access to &#8220;low-cost financial solutions for underserved and unbanked communities,&#8221; according to Circle&#8217;s <a href="https://www.circle.com/en/pressroom/circle-partners-with-new-york-community-bancorp-inc.-to-custody-usdc-reserves-and-invest-in-community-based-initiatives?utm_campaign=Campaign%20%7C%20Comms%20Announcement&amp;utm_content=212878213&amp;utm_medium=social&amp;utm_source=twitter&amp;hss_channel=tw-2151686839" data-wpel-link="external" target="_blank">official statement</a>.</li> <li>The news came months after the stablecoin issuer <a href="https://cryptopotato.com/americas-oldest-bank-to-become-primary-custodian-of-circles-usdc/" data-wpel-link="internal">announced</a> the Wall Street giant BNY Mellon as its primary custodian for USDC. The two parties worked on building bridges between legacy and digital capital markets and &#8220;the exploration of digital cash for purposes of settlement.&#8221;</li> <li>In comparison to BNY Mellon <a href="https://www.bnymellon.com/us/en/about-us/about-bny-mellon.html" data-wpel-link="external" target="_blank">holding</a> roughly $45 trillion worth of assets in custody, New York Community Bank is a relatively <a href="https://ir.mynycb.com/about-us/company-profile/default.aspx" data-wpel-link="external" target="_blank">small bank</a>, only having assets of $61.0 billion by March 31st, 2022.</li> <li>The plan represents Circle&#8217;s commitment to its long-term goal of allocating a share of its reserve to Minority-owned Depository Institutions (MDIs), in a bid to &#8220;reach billions of dollars in deposits over time across the footprint of underrepresented financial institutions.&#8221;</li> <li>Dante Disparte, Chief Strategy Officer and Head of Global Policy at Circle, viewed the partnership as a critical step in extending the firm&#8217;s connections to the community&#8217;s level.</li> </ul> <blockquote><p>&#8220;By partnering with NYCB, we are opening up new pathways for community banks and MDIs across the country to be key participants in the fast growing digital assets market.</p></blockquote> <ul> <li>Circle&#8217;s USDC witnessed an increase in net inflows amid extreme volatility dominating the crypto market. Holding only cash and short-term U.S. government bonds as the assets backing its 1:1 peg to the U.S. dollar, a relatively conservative strategy that prioritizes stability and compliance to regulators, USDC &#8211; trailing only to the largest stablecoin USDT &#8211; is the fourth-largest cryptocurrency with a market cap of nearly $56 billion.</li> </ul> Russian Media Censor Roskomnadzor Blocks Major Crypto News Website https://news.bitcoin.com/russian-media-censor-roskomnadzor-blocks-major-crypto-news-website/ Bitcoin News urn:uuid:7be777f9-81ea-1bc0-fae5-fe3283e85ca1 Sun, 03 Jul 2022 22:00:47 +0000 <img width="696" height="392" src="https://static.news.bitcoin.com/wp-content/uploads/2022/07/shutterstock_1070756633.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="Russian Media Censor Roskomnadzor Blocks Major Crypto News Website" style="float:left; margin:0 15px 15px 0;" />Bits.media, a leading news outlet in Russia&#x2019;s crypto space, has been blocked by Russia&#x2019;s telecom and mass media watchdog, Roskomnadzor. The site is now inaccessible through most Russian internet providers, the online edition announced, stating it intends to contest the measure. Roskomnadzor Denies Russians Access to Bits.media Crypto news website Bits.media became unavailable to most [&#8230;] <img width="696" height="392" src="https://static.news.bitcoin.com/wp-content/uploads/2022/07/shutterstock_1070756633.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="Russian Media Censor Roskomnadzor Blocks Major Crypto News Website" loading="lazy" style="float:left; margin:0 15px 15px 0;" /><p><strong>Bits.media, a leading news outlet in Russia&#x2019;s crypto space, has been blocked by Russia&#x2019;s telecom and mass media watchdog, Roskomnadzor. The site is now inaccessible through most Russian internet providers, the online edition announced, stating it intends to contest the measure.</strong></p> <h2>Roskomnadzor Denies Russians Access to Bits.media</h2> <p>Crypto news website <a href="https://bits.media/" target="_blank" rel="noopener">Bits.media</a> became unavailable to most of its readers in Russia this week and its team found that the Russian media censor Roskomnadzor is to blame. The government agency has added an unspecified number of its pages to a register of internet sources disseminating banned information.</p> <p>The block results from a ruling by the Volzhsky District Court of the city of Saratov in a lawsuit initiated by the local prosecutor&#x2019;s office on March 31. The judge granted the prosecutor&#x2019;s request on April 24 after considering the case in the absence of the media outlet&#x2019;s owners, Bits.media explained in a post.</p> <p>According to the published decision, five URLs were targeted as they contained &#x201C;information aimed at promoting crimes in the field of legalization (laundering) of proceeds from crime.&#x201D; It remains unclear whether only Bits.media addresses were affected and the formal reason for the measure is unknown. The platform&#x2019;s founder, Ivan Tikhonov, was quoted as saying:</p> <blockquote><p>We are an interested party in the case, but no one notified us of the proceedings. We were not given any opportunity to remove the materials about which the Saratov prosecutor&#x2019;s office had questions. We strongly disagree with the verdict.</p></blockquote> <p>Bits.media plans to appeal the court&#x2019;s decision as it has already won a similar case in the past. In January 2015, Russian internet regulators blocked the website referring to a ruling by the Nevyansk City Court of the Sverdov region. The local prosecutor motivated his plea with the need to &#x201C;protect an indefinite circle of persons.&#x201D; Seven websites were restricted, but the ruling was overturned later that year.</p> <p>Then, in March 2020, Roskomnadzor <a href="https://news.bitcoin.com/6-crypto-websites-blocked-russian-media/">blacklisted</a> five websites offering information and services related to cryptocurrencies. The forum section of Bits.media was also targeted. Just as with the website now, it was still available in Russia via VPNs and browser plugins.</p> <p>Other operators of Russian crypto platforms have also successfully challenged such decisions. In March 2018, the Saint Petersburg City Court <a href="https://news.bitcoin.com/court-strikes-ban-40-bitcoin-sites-russia/">struck down</a> a ban on 40 websites publishing crypto content. The following month, Russia&#x2019;s Supreme Court <a href="https://news.bitcoin.com/russias-supreme-court-overturns-decision-to-block-bitcoin-website/">overturned</a> a ruling restricting access to the Bitcoininfo.ru portal. In May 2019, Roskomnadzor had to remove Bestchange.ru from its register after prosecutors <a href="https://news.bitcoin.com/russian-prosecutors-fail-to-block-crypto-website/">gave up</a> efforts to block the website.</p> <p><em><strong>Do you expect Roskomnadzor and the Russian judiciary to take similar steps regarding other crypto news outlets? Tell us in the comments section below. </strong></em></p> Universal Market Access Price Prediction for Today, July 3: UMA Fluctuates Around $2.6 Level https://insidebitcoins.com/news/universal-market-access-price-prediction-for-today-july-3-uma-price-fluctuates-around-2-6-level Inside Bitcoins urn:uuid:fb3d2624-35da-d095-8430-e807646eb0e0 Sun, 03 Jul 2022 21:52:37 +0000 The Universal Market Access price prediction shows that UMA touches the resistance level of $3.0 today as the coin prepares for the upside. UMA Prediction <a class="read-more-link" href="https://insidebitcoins.com/news/universal-market-access-price-prediction-for-today-july-3-uma-price-fluctuates-around-2-6-level" title="Universal Market Access Price Prediction for Today, July 3: UMA Fluctuates Around $2.6 Level">[...]</a> <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><body> <!-- Google Tag Manager (noscript) --> <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-MJC7PF5" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript> <!-- End Google Tag Manager (noscript) --><p>The Universal Market Access price prediction shows that UMA touches the resistance level of $3.0 today as the coin prepares for the upside.</p> <h2>UMA Prediction Statistics Data:</h2> <ul> <li>UMA price now &ndash; $2. 6</li> <li>UMA market cap &ndash; $179.7 million</li> <li>UMA circulating supply &ndash; 67.1 million</li> <li>UMA total supply &ndash; 107.7 million</li> <li>UMA Coinmarketcap ranking &ndash; #135</li> </ul> <h2>UMA/USD Market</h2> <p>Key Levels:</p> <p>Resistance levels: $5.0, $5.2, $5.4</p> <p>Support levels: $1.05, $1.03, $1.01</p> <figure id="attachment_335295" aria-describedby="caption-attachment-335295" style="width: 1079px" class="wp-caption alignnone"><img class="wp-image-335295 size-full" src="https://insidebitcoins.com/wp-content/uploads/2022/07/UMAUSD_02072022_b.png" alt="" width="1079" height="565" srcset="https://insidebitcoins.com/wp-content/uploads/2022/07/UMAUSD_02072022_b.png 1079w, https://insidebitcoins.com/wp-content/uploads/2022/07/UMAUSD_02072022_b-300x157.png 300w, https://insidebitcoins.com/wp-content/uploads/2022/07/UMAUSD_02072022_b-1024x536.png 1024w, https://insidebitcoins.com/wp-content/uploads/2022/07/UMAUSD_02072022_b-768x402.png 768w" sizes="(max-width: 1079px) 100vw, 1079px"><figcaption id="caption-attachment-335295" class="wp-caption-text">UMAUSD &ndash; Daily Chart</figcaption></figure> <p style="text-align: center"></p><div class="su-button-center"><a href="https://insidebitcoins.com/visit/etoro-news" class="su-button su-button-style-3d" style="color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px" target="_self" rel="nofollow"><span style="color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none"> Buy Universal Market Access Now</span></a></div> <p><a href="https://insidebitcoins.com/buy-cryptocurrency">UMA/USD</a> is moving sideways as the coin prepares to embark on the bullish movement. At the time of writing, the Universal Market Access is hovering within the 9-day and 21-day moving averages, and the trend has a bullish inclination, which may likely revisit the previous resistance level of $3.0.</p> <h2>Universal Market Access Price Prediction: UMA May Spike</h2> <p>At the time of writing, the <a href="https://insidebitcoins.com/news/universal-market-access-price-prediction-for-today-june-15-uma-price-may-drop-below-2-5-level">UMA price</a> is likely to cross above the upper boundary of the channel. However, the best bulls can do is to defend the support at $2.4 and focus on pulling towards $3.0. However, if buying pressure increases, the price may break above the channel, and could reach the resistance at $4.0.</p> <p>Meanwhile, if the coin moves into the positive side, a bullish continuation may cause the coin to hit the resistance levels of $5.0, $5.2, and $5.4 respectively. On the contrary, if the coin slides toward the lower boundary of the channel, a minimum swing could bring the price to a $2.3 level. Exceeding this level could take the bears to $1.05, $1.03, and $1.01 support levels.</p> <p>Against Bitcoin, the daily chart reveals that the bulls may continue to push the price towards the north. The most recent positive sign suggests that the trend could break above the upper boundary of the channel.</p> <figure id="attachment_335296" aria-describedby="caption-attachment-335296" style="width: 1079px" class="wp-caption alignnone"><img class="wp-image-335296 size-full" src="https://insidebitcoins.com/wp-content/uploads/2022/07/UMABTC_02072022.png" alt="" width="1079" height="565" srcset="https://insidebitcoins.com/wp-content/uploads/2022/07/UMABTC_02072022.png 1079w, https://insidebitcoins.com/wp-content/uploads/2022/07/UMABTC_02072022-300x157.png 300w, https://insidebitcoins.com/wp-content/uploads/2022/07/UMABTC_02072022-1024x536.png 1024w, https://insidebitcoins.com/wp-content/uploads/2022/07/UMABTC_02072022-768x402.png 768w" sizes="(max-width: 1079px) 100vw, 1079px"><figcaption id="caption-attachment-335296" class="wp-caption-text">UMABTC &ndash; Daily Chart</figcaption></figure> <p>However, as the technical indicator Relative Strength Index (14) moves to cross above the 70-level, it may likely head to the upside, and a bullish continuation could push the price to hit the resistance level of 2000 SAT and above, but once it crosses below the 9-day and 21-day moving averages, the market price may likely begin a downward trend which could bring the coin towards the support level of 1000 SAT and below.</p> <div class="inContentProviderSingle inContentColor--insidebitcoins fc-row"> <div class="inContentProviderSingle--wrapper"> <div class="container"> <div class="row mb-lg-3"> <div class="col-12 col-md-8"> <p class="inContentProviderSingle--title">eToro - Our Recommended Crypto Wallet</p> </div> <div class="col-12 col-md-4"> <div class="inContentProviderSingle--rating"> <div class="rating--holder"> <p class="rating--text">Our Rating</p> <div class="rating--star-container"> <div class="rating--star" style="width: 100%;"></div> </div> </div> </div> </div><!--/.col-md-4--> </div><!--/.row--> <div class="row"> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"> <img class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2021/08/logo-etoro.svg" alt="eToro exchange" width="125" height="60"> </div> <div class="col-12 col-md-8"> <ul class="inContentProviderSingle--list"> <li>Exchange Wallet for 120+ Cryptocurrencies, Trade In-Wallet</li> <li>Automatic Staking of ETH, ADA or TRX in your Wallet</li> <li>Regulated by FCA, ASIC and CySEC - Millions of Users</li> <li>Unlosable Private Key - Secure eToro Recovery Service</li> </ul><!--/.inContentProviderSingle--lis--> </div> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"> <img class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2021/08/logo-etoro.svg" alt="eToro exchange" width="125" height="60"> </div> </div><!--/.row--> <div class="row"> <div class="col-12 text-center"> <div class="inContentProviderSingle--button"> <a href="https://insidebitcoins.com/visit/etoro" title="Start Trading" rel="nofollow">Open Free Wallet</a> </div> <div class="inContentProviderSingle--disclaimerText"> 68% of retail investor accounts lose money when trading CFDs with this provider. </div> </div> </div><!--/.row--> </div><!--/.container--> </div><!--/.inContentProviderSingle--wrapper--> </div><!--/.inContentProvider--single--> <p><strong>Read more:</strong></p> <ul> <li><a href="https://insidebitcoins.com/buy-cryptocurrency">How to buy cryptocurrency</a></li> </ul> </body></html> Bored Ape Yacht Club’s Creators Declared War on a Vocal Critic. Could it Backfire? https://decrypt.co/104366/bored-ape-yacht-clubs-creators-declared-war-on-a-vocal-critic-could-it-backfire Decrypt urn:uuid:28133724-907b-41a3-5ee6-76de1332c5f6 Sun, 03 Jul 2022 20:40:30 +0000 “Yuga has to win on two sides here,” one attorney said. “They have to convince a courtroom, but they also have to convince the public.“ Cardano Price Prediction for Today, July 3: ADA May Touch $0.50 Resistance https://insidebitcoins.com/news/cardano-price-prediction-for-today-july-3-ada-may-touch-0-50-resistance Inside Bitcoins urn:uuid:ad42b70d-5b32-bef9-cd4d-88e33cb1bdf9 Sun, 03 Jul 2022 20:30:31 +0000 The Cardano price prediction reveals that ADA may begin to form higher as the coin prepares for the upside. Cardano Statistics Data: Cardano price now <a class="read-more-link" href="https://insidebitcoins.com/news/cardano-price-prediction-for-today-july-3-ada-may-touch-0-50-resistance" title="Cardano Price Prediction for Today, July 3: ADA May Touch $0.50 Resistance">[...]</a> <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><body> <!-- Google Tag Manager (noscript) --> <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-MJC7PF5" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript> <!-- End Google Tag Manager (noscript) --><p>The Cardano price prediction reveals that ADA may begin to form higher as the coin prepares for the upside.</p> <h2>Cardano Statistics Data:</h2> <ul> <li>Cardano price now &ndash; $0.45</li> <li>Cardano market cap &ndash; $15.4 billion</li> <li>Cardano circulating supply &ndash; 33.7 million</li> <li>Cardano total supply &ndash; 34.2 billion</li> <li>Cardano Coinmarketcap ranking &ndash; #8</li> </ul> <h2>ADA/USD Market</h2> <p>Key Levels:</p> <p>Resistance levels: $0.80, $0.85, $0.90</p> <p>Support levels: $0.20, $0.15, $0.10</p> <p style="text-align: center"></p><div class="su-button-center"><a href="https://insidebitcoins.com/visit/etoro-news" class="su-button su-button-style-3d" style="color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px" target="_self" rel="nofollow"><span style="color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none"> Buy Cardano Now</span></a></div> <p><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-cardano">ADA/USD</a> is attempting to cross above the upper boundary of the channel while the $0.40 level remains the nearest support where the price could hold. However, since a few days ago, ADA/USD has been trading below the 9-day and 21-day moving averages, and this refrains the coin from crossing above the channel.</p> <h2>Cardano Price Prediction: Will Cardano Move Higher?</h2> <p>According to the daily chart, the <a href="https://insidebitcoins.com/news/cardano-price-prediction-for-today-may-29-ada-usd-moves-around-0-47-level">Cardano price</a> may begin to rise and could probably cross above the channel if the bulls defend the $0.44 support level. Therefore, any bullish movement above the upper boundary of the channel may push the price to the potential resistance levels of $0.80, $0.85, and $0.90.</p> <p>Nevertheless, this technical analysis may not play out if the coin heads toward the lower boundary of the channel. Therefore, any further bearish movement could reach the support levels of $0.20, $0.15, and $0.10. Moreover, the technical indicator Relative Strength Index (14) is moving above the 40-level, suggesting more bullish signals.</p> <h2>ADA/BTC Market: Cardano Price Keeps Moving Sideways</h2> <p>Against Bitcoin, the Cardano price is hovering above the 9-day and 21-day moving averages. The long-term moving averages may keep the coin on the upside as the market is likely to start a new trend.</p> <figure id="attachment_335288" aria-describedby="caption-attachment-335288" style="width: 1079px" class="wp-caption alignnone"><img class="wp-image-335288 size-full" src="https://insidebitcoins.com/wp-content/uploads/2022/07/ADABTC_02072022.png" alt="" width="1079" height="565" srcset="https://insidebitcoins.com/wp-content/uploads/2022/07/ADABTC_02072022.png 1079w, https://insidebitcoins.com/wp-content/uploads/2022/07/ADABTC_02072022-300x157.png 300w, https://insidebitcoins.com/wp-content/uploads/2022/07/ADABTC_02072022-1024x536.png 1024w, https://insidebitcoins.com/wp-content/uploads/2022/07/ADABTC_02072022-768x402.png 768w" sizes="(max-width: 1079px) 100vw, 1079px"><figcaption id="caption-attachment-335288" class="wp-caption-text">ADABTC &ndash; Daily Chart</figcaption></figure> <p>Nevertheless, if the buyers could push the coin above the upper boundary of the channel, higher resistance could be located at 3000 SAT and above as the technical indicator Relative Strength Index (14) stays above 60-level, indicating that buyers are coming to play. Moreover, should the bulls fail to move the current market value above the aforementioned barrier, the bears may increase the selling pressure, and the nearest support level could be located at 1800 SAT and below.</p> <div class="inContentProviderSingle inContentColor--insidebitcoins fc-row"> <div class="inContentProviderSingle--wrapper"> <div class="container"> <div class="row mb-lg-3"> <div class="col-12 col-md-8"> <p class="inContentProviderSingle--title">eToro - Our Recommended Cardano Platform</p> </div> <div class="col-12 col-md-4"> <div class="inContentProviderSingle--rating"> <div class="rating--holder"> <p class="rating--text">Our Rating</p> <div class="rating--star-container"> <div class="rating--star" style="width: 100%;"></div> </div> </div> </div> </div><!--/.col-md-4--> </div><!--/.row--> <div class="row"> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"> <img class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2021/08/logo-etoro.svg" alt="eToro exchange" width="125" height="60"> </div> <div class="col-12 col-md-8"> <ul class="inContentProviderSingle--list"> <li>Monthly Staking Rewards for Holding Cardano (ADA)</li> <li>Free Secure ADA Wallet - Unlosable Private Key</li> <li>Regulated by FCA, ASIC and CySEC - Millions of Users</li> <li>Copytrade Profitable Cardano Investors</li> <li>Buy with Credit card, Bank wire, Paypal, Skrill, Neteller, Sofort</li> </ul><!--/.inContentProviderSingle--lis--> </div> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"> <img class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2021/08/logo-etoro.svg" alt="eToro exchange" width="125" height="60"> </div> </div><!--/.row--> <div class="row"> <div class="col-12 text-center"> <div class="inContentProviderSingle--button"> <a href="https://insidebitcoins.com/visit/etoro" title="Start Trading" rel="nofollow">Buy Cardano</a> </div> <div class="inContentProviderSingle--disclaimerText"> 68% of retail investor accounts lose money when trading CFDs with this provider. </div> </div> </div><!--/.row--> </div><!--/.container--> </div><!--/.inContentProviderSingle--wrapper--> </div><!--/.inContentProvider--single--> <p><strong>Read more:</strong></p> <ul> <li><a href="https://insidebitcoins.com/buy-cryptocurrency">How to buy Cryptocurrency</a></li> </ul> </body></html> Julian Assange’s NFTs Debuts At 59th Annual Biennale Aerte In Venice https://insidebitcoins.com/news/julian-assanges-nfts-debuts-at-59th-annual-biennale-aerte-in-venice Inside Bitcoins urn:uuid:41378107-05c4-9642-9e4a-08168054abcd Sun, 03 Jul 2022 20:28:36 +0000 Miltos Manetas, an esteemed Colombian artist, has successfully launched new non-fungible tokens (NFTs) featuring portraits of the now-imprisoned Australian activist Julian Paul Assange. Manetas aims <a class="read-more-link" href="https://insidebitcoins.com/news/julian-assanges-nfts-debuts-at-59th-annual-biennale-aerte-in-venice" title="Julian Assange’s NFTs Debuts At 59th Annual Biennale Aerte In Venice">[...]</a> <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><body><p>Miltos Manetas, an esteemed Colombian artist, has successfully launched new non-fungible tokens (NFTs) featuring portraits of the now-imprisoned Australian activist Julian Paul Assange. Manetas aims to leverage the new NFTs to raise global awareness for the imprisoned activist.</p> <p>In an exclusive interview, the Colombian-based artist confirmed the successful launch of the new digital collectibles dubbed &ldquo;This Cannot Be Erased.&rdquo; The new NFTs that exclusively debuted at the Annual International Art Exhibition &ldquo;Biennale Arte&rdquo; in Venice feature a limited collection of 111 NFTs.</p> <p>&ldquo;This Cannot Be Erased&rdquo; NFTs will allow the holder exclusive access to a 1-of-1 digital version of hand-painted oil-on-canvas artworks that he has been creating for the last two years. Manetas will roll out the new digital collectibles in three phases.</p> <p>According to Manetas, all proceed from the NFT sale will go towards a decentralized autonomous organization associated with his Internet Pavilion, the dedicated tech tent sponsoring this year&rsquo;s 59th festival. Manetas created the Pavilion in 2009.</p> <h2><strong>Assange&rsquo;s Legal Battle</strong></h2> <p>Julian Paul Assange, the Australian publisher, activist, and former founder of the infamous WikiLeaks, went behind judicial bars in 2019. Since then, Assange has been reprimanded at Belmarsh prison, facing charges of conspiring to hack into the Pentagon computer network in 2010.</p> <p>During the interview, Manetas revealed that he is not just supportive of Assange&rsquo;s legal cause, disclosing that he personally met with Assange on several occasions, counting him as a dear friend. According to Manetas, his ambition with the new NFTs collection is to shine a spotlight on the case.</p> <p>Manetas claimed that many media platforms have neglected Assange&rsquo;s legal battle. According to Manetas, the implications of Assange are far-reaching, threatening press freedom in countries that proudly enjoy liberal democracies.</p> <p>In that context, the new Assange-themed NFTs exclusively debuting on the 59th Internet Pavilion in Venice feature the prison-like domain of The Gervasuti Foundation on the site of the family&rsquo;s artisan wood workshop.</p> <p>Manetas started painting portraits of Assange during the 2020 lockdown following the Covid-19 pandemic. At the time, the Colombian-based artist donated his first artwork for free to supporters of the # Assange Power movement.</p> <p>Manetas&rsquo; newly launched NFTs depict Assange holding up a clenched fist of defiance, and other artworks depict the bespectacled Australian activist cagily from a prison van. Each NFT features a piece of music composed by Manetas&rsquo; long-term collaborator Howie B.</p> <p>The seventh NFT edition at the Internet Pavilion in Venice features the theme &ldquo;Assange is Internet Internet is Assange&rdquo; (AIIA). The art-centric blockchain platform Materia and Democracy in Europe Movement 2025(DiEM25) are currently facilitating the NFT project. . Before summarizing, Manetas said that he dedicated the new NFTs to Assange, adding:</p> <blockquote><p><em><strong>&ldquo;Thanks to NFTs cannot be erased or silenced &ndash; the blockchain exists, and everything that happens can be recorded there. Destroying his body doesn&rsquo;t destroy his spirit or our spirit. We are free to join the Venice Biennale during these 222 days, but Assange will be imprisoned.&rdquo;</strong></em></p></blockquote> <p>In the meantime, the Assange legal fight continues attracting the attention of many notable states around the globe. China is among the international states blocking the extradition ruling against Assange.</p> <p>China recently slammed the United States and the United Kingdom, describing them as hypocrites on press freedom. China accuses the two states of pursuing charges against the activist for intruding top secrets about the US military engagements in Afghanistan and Iraq. Assange now faces a 175-year jail term.</p> <h3>Related</h3> <ul> <li><a href="https://insidebitcoins.com/news/are-nfts-are-dead-daily-sales-volume-dips-to-one-year-low">Daily NFT Sales Volume Dips To One-year-low</a></li> <li><a href="https://insidebitcoins.com/news/defi-lending-platform-wing-finance-rolls-out-its-new-nft-pool">Wing Finance Rolls Out Its NFT Pool</a></li> </ul> <div class="inContentProviderSingle inContentColor--insidebitcoins fc-row"> <div class="inContentProviderSingle--wrapper"> <div class="container"> <div class="row mb-lg-3"> <div class="col-12 col-md-8"> <p class="inContentProviderSingle--title">Lucky Block - Our Recommended NFT for 2022</p> </div> <div class="col-12 col-md-4"> <div class="inContentProviderSingle--rating"> <div class="rating--holder"> <p class="rating--text">Our Rating</p> <div class="rating--star-container"> <div class="rating--star" style="width: 100%;"></div> </div> </div> </div> </div><!--/.col-md-4--> </div><!--/.row--> <div class="row"> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"> <img class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2022/05/Lucky-Block-logo.svg" alt="Lucky Block" width="125" height="60"> </div> <div class="col-12 col-md-8"> <ul class="inContentProviderSingle--list"> <li>New NFT Game Platform</li> <li>Featured in Forbes, Nasdaq.com, Yahoo Finance</li> <li>Worldwide Competitions with Play to Earn Rewards</li> <li>10,000 NFTs Minted in 2022 - Now on NFTLaunchpad.com</li> <li>3.75 wBNB Floor Price</li> <li>Free Exclusive Entry to Daily NFT Prize Draws</li> <li>Lifetime Access to the Main Lucky Block Prize Draw</li> <li>$1 Million NFT Jackpot in May 2022</li> <li>LBLOCK Token Up 1000%+ From Presale</li> </ul><!--/.inContentProviderSingle--lis--> </div> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"> <img class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2022/05/Lucky-Block-logo.svg" alt="Lucky Block" width="125" height="60"> </div> </div><!--/.row--> <div class="row"> <div class="col-12 text-center"> <div class="inContentProviderSingle--button"> <a href="https://insidebitcoins.com/visit/luckyblock-nft" title="Start Trading" rel="nofollow">Visit Site</a> </div> <div class="inContentProviderSingle--disclaimerText"> Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. </div> </div> </div><!--/.row--> </div><!--/.container--> </div><!--/.inContentProviderSingle--wrapper--> </div><!--/.inContentProvider--single--> </body></html> How To Start A Career In Cryptocurrency? A Complete Guide https://tokenhell.com/how-to-start-a-career-in-cryptocurrency-a-complete-guide/ Tokenhell urn:uuid:d9579fbc-bc3a-da5d-a999-3084f4a42523 Sun, 03 Jul 2022 20:11:30 +0000 <p>Introduction Many people think that cryptocurrencies are not a very stable kind of investment option. Even so, millions of people around the world use cryptocurrencies to create a side income stream. However, as time passes and the developers are coming up with better use cases for decentralized applications for everyday life usage, new jobs and &#8230;</p> <p>The post <a rel="nofollow" href="https://tokenhell.com/how-to-start-a-career-in-cryptocurrency-a-complete-guide/">How To Start A Career In Cryptocurrency? A Complete Guide</a> appeared first on <a rel="nofollow" href="https://tokenhell.com">Tokenhell</a>.</p> <p><strong>Introduction</strong></p> <p>Many people think that cryptocurrencies are not a very stable kind of investment option. Even so, millions of people around the world use cryptocurrencies to create a side income stream. However, as time passes and the developers are coming up with better use cases for decentralized applications for everyday life usage, new jobs and opportunities are opening up for crypto enthusiasts.</p> <p>More and more developers are considering a full-time and dedicated career in the cryptocurrency sector. For many, it might be impossible to picture a cryptocurrency job as a professional occupation. The same was the case during the introduction of the printing press and the internet. The printing press gave birth to journalism and reporting. On the other hand, the internet created billions of content creators and many other professional jobs around the world.</p> <p><strong>Can You Make a Career in Cryptocurrency?</strong></p> <p>The main question before talking about any crypto or blockchain-related jobs is to make sure whether considering it as a dedicated option is a reasonable option or not. At present, there are thousands of cryptocurrency-related organizations opening up in every corner of the world. In countries like China, where the government has imposed a strict ban, Bitcoin miners are still thriving underground.</p> <p>The most common objection among tech students and professionals against a cryptocurrency career is regulatory uncertainty. In case the state where they are working imposes an embargo on the sector, they would be instantly out of jobs. The answer is that blockchain enterprises depend wholly on the internet, and the best government agencies in the world can&#8217;t track or control it.</p> <p>The most prominent quality of cryptocurrencies is its emergence as a digital investment market that is independent of the forces that control traditional assets such as commodities and stocks. Therefore, the biggest financial organizations in the world are trying to incorporate cryptocurrencies as a portfolio diversifier and using them to build new-age applications and advance the operating systems that exist in the world today. According to a survey by findstack, the global blockchain market will garner an estimated value of $67.4 billion by 2026.</p> <p>For the most part, there is little to no formal education or introduction of blockchain in the schools at present. Therefore, the students who wish to start a career in the cryptocurrency sector are unable to find the right resources to get started with their cryptocurrency careers. Nevertheless, there are still millions of people who have been able to get started with a cryptocurrency career using their knowledge and skills from their existing careers. Anyone with a marketing, management, sales, investment, accounting, or coding background can find a suitable job to start working as a crypto professional.</p> <p><strong>Top Crypto Jobs</strong></p> <p>By taking a look at the job listings that are related to cryptocurrency organizations, anyone can get a better idea of what required skills and educational requirements are to start a career in the blockchain sector. A LinkedIn survey suggests that cryptocurrency job postings increased by 395% between 2020 and 2021 in the United States of America. Here are some of the top job titles that cryptocurrency companies are hiring for:</p> <p><strong>Software Engineer</strong></p> <p>There are several blockchain networks like Ethereum that allow the developers to create DAOs, DSSs, and dApps on their platforms. Therefore, software developers can apply for such positions that require them to edit, maintain, or even create new decentralized applications for their employers.</p> <p><strong>Venture Capital</strong></p> <p>Venture capital is a type of financial organization or individual that looks for feasible startups with great growth potential and provides funds for them. The people who have been associated with a venture capital firm for a considerable amount of time can look for new positions opening in dedicated crypto ventures. Meanwhile, it is also possible to start a new venture capital and fund several savvy cryptocurrency initiatives.</p> <p><strong>Crypto Marketing</strong></p> <p>The number of marketing majors in the world has increased significantly over the years. Any cryptocurrency organization that is getting started or wishes to expand its services also needs the same level of marketing services as any other business. Marketers who have experience as social media experts and have networking skills in the publication sector can apply for a position at any reputable cryptocurrency firm.</p> <p><strong>Web Developers</strong></p> <p>Blockchains and cryptocurrencies are wholly online businesses. Therefore, the blockchain organizations in the world must have a good-looking and impressive website. The traditional UI, UX designers, and full-stack web developers can work in tandem with professional blockchain enterprises to help them impressively present their products and to help them stand out from the increasing competition.</p> <p><strong>Legal Consultants</strong></p> <p>Blockchain organizations are often dealing with regulatory issues. On the other hand, they also need the services of legal experts and legislative consultants to draft useful contracts for their ventures and business engagement. From creating HR policies to dealing with the cases for a cryptocurrency organization in court, legal experts are always in need at a crypto firm.</p> <p><strong>Project Managers</strong></p> <p>Blockchains are capable of upgrading and testing new features. Therefore, any blockchain management company needs to hire Project managers to make sure that the progress stays on time and to manage the cost of the operations at all times. Blockchain project managers can save a network from losing time, save resources, and ensure the completion of goals within the expected time frame. Operations managers can also create a comprehensive upgrade schedule from the ground up.</p> <p><strong>Cybersecurity</strong></p> <p>Cyber security is not just a matter of client safety, but it also reflects a lot on the reputation of a blockchain enterprise. A blockchain project that is unable to protect itself from security attacks would lose its goodwill among the investors, which can lead to its downfall. Therefore, the tech experts who have been working as cybersecurity consultants can work for blockchain enterprises to conduct a technical audit, detect blind spots, and create failsafe.</p> <p><strong>Programmers</strong></p> <p>The blockchains are improving with time, integrating more and more programming languages on their platforms. Therefore, the coders and programmers who have knowledge, experience, and certification can look for blockchain companies that are open to a project that can incorporate their skill sets. On the other hand, programmers can also use code sources from the open-sourced blockchain projects and contribute to improving smart contracts or other salient features.</p> <p><strong>Economists</strong></p> <p>Economic development and revolution have always been central ideas in the blockchain and cryptocurrency sector. Harvard Psychologist B.F. Skinner coined the term “Tokenomics” as early as 1972. Those who have a degree in economics and looking for a career can apply for a position in the government sector or at any reputable financial or fintech organization to help them to understand the impact of cryptocurrencies in the light of economic factors.</p> <p><strong>Data Analysts</strong></p> <p>Data analysis has become one of the top-paying jobs in the world at present. Market data is very useful and crucial for any cryptocurrency organization or blockchain enterprise. Therefore, Data analysts can also work for blockchain companies as full-time or part-time workers.</p> <p><strong>Technical Researchers</strong></p> <p>Technical researchers have a close resemblance to data analysts. They can collect every piece of detail on a particular topic. It is worth noting that many blockchain enterprises as direct competition with traditional financial enterprises. Therefore, to ensure their survival, they must acquire the best knowledge base at their disposal in the form of technical researchers.</p> <p><strong>Crypto Developer</strong></p> <p>The most popular programming languages in the blockchain industry include JS, C#, C++, Solidity, Python, and Go, among others. Most of these programming languages have many use cases outside of the blockchain sector as well. Cryptocurrency developers who are directly working on a blockchain or a token project can earn around $123,750 yearly. Interestingly, cryptocurrency developers can also get job positions as a beginner.</p> <p><strong>Miner</strong></p> <p>The PoW mining opportunities in the cryptocurrency sector have increased over time. Many mining farms are looking to hire new employees to support and oversee their new branches in different regions. On the other hand, some tech students are also exploring a career in cloud mining. Working with a crypto mining enterprise at any level can give a massive boost to the crypto career in the future.</p> <p><strong>Cryptography</strong></p> <p>A cryptographer is a professional who can write encryption code to hide the information or crack it. Blockchain enterprises want to ensure that their platforms are as decentralized as possible. Therefore, they are always on the lookout for a skilled and dexterous cryptographer with a proven track record.</p> <p><strong>Technical Writers</strong></p> <p>Technical writers are responsible for creating guides and manuals for users about complex topics in a simple and readable manner. The job of Technical writers can vary from writing for the masses to writing for the employees or creating a technical library for the individuals that can use that as a standard or technical reference in the future. Technical writers can create a greater engagement for a blockchain organization and increase its popularity and credibility by improving usability.&nbsp;</p> <p><strong>What Skills Do You Need to Start a Career in Crypto?</strong></p> <p>There are not many educational institutions in the world that have added blockchains and cryptocurrencies as a subject yet. A few specialized academies that offer such services ask for huge tuition fees and are also located in remote locations in the world. Therefore, it seems impossible for a beginner to find the right answer when it comes to choosing the right courses and education for a career in the cryptocurrency sector.</p> <p>The readers who have seen the entire job posting in the cryptocurrency sector can notice that more than half of the postings ask for the skills that professionals are already using in their current occupations. However, those who wish to apply in the crypto market must enhance their skills accordingly if they wish to succeed without facing issues. A traditional game developer can&#8217;t start working on a blockchain project without updating and polishing their skills accordingly first.</p> <p>In some cases, any professional can start working in the cryptocurrency sector without knowing how to code. However, those who are not familiar with the technical basis of a blockchain project would not be able to advance in the sector. Even legal experts, marketers, sales representatives, and reporters need to brush up on their programming skills to enhance their blockchain careers to the next level.</p> <p><strong>How to Start a Cryptocurrency Career</strong></p> <p>It is interesting to note that the blockchain industry is not just open to young minds that have only graduated. The hiring percentage for the individuals who have sufficient experience and a proven track record in their previous jobs is generally higher and more lucrative in comparison. Philosopher Nietzsche once said that “out of Chaos comes order.”</p> <p>In the same manner, the massive and unorganized world of cryptocurrencies and blockchains can also inspire an individual to take a step-by-step and organized path to get started with their cryptocurrency careers. Here are some of the few things that a person looking for a crypto opportunity can take:</p> <p><strong>Learn About Blockchain</strong></p> <p>The first step to starting a career in cryptocurrencies is to become aware of what it is and why it is important. Once a person can understand and comprehend the basic concept of blockchain and why it is needed in the modern age, only then they will be able to pursue a career in the field. Learning about cryptocurrencies can also help an individual understand where their interest lies and which jobs they would want to apply for.</p> <p><strong>Understand Cryptography</strong></p> <p>Cryptography is a crucial concept, and without cryptography, there are no cryptocurrencies. Those who have an understanding of cryptography will always have the edge over others in the field. Regardless of their job path in the blockchain sector in the future, having an in-depth and comprehensive understating of cryptography is crucial for those who are considering a full-time career in the blockchain industry.</p> <p><strong>Assess your Skills</strong></p> <p>Many people may be looking for a career change or those who wish to get started with the cryptocurrency sector. At any rate, a person who wishes to get hired by a reputable cryptocurrency organization in the future must know their skills and educational background first and foremost. When prospective employee has a realistic idea of where they stand in terms of technical, educational background, and experience, they can apply for the jobs that are more suited to their skillset.</p> <p><strong>Set Goals</strong></p> <p>Before applying for jobs at any cryptocurrency organization, a person needs to set goals. Without a clear vision, it can be unprolific and lethargic for a worker to opt for a job that pays them enough. The blockchain industry is in its development stages at present; therefore, there is a leadership position galore. A person who can move ahead with a predetermined plan will have greater control over their career path in the future, and they would also be a great asset to the firm that they work for.</p> <p><strong>Upgrade</strong></p> <p>Most workers and individuals in the blockchain sector have transferred from other industries. However, despite working on other products and services, these individuals have been able to become successful in their new careers as well. The main reason for their success is that these individuals took the pain and time to upgrade their skills. They have a realistic idea about what their current skillset offers and what skills are required to succeed in their new fields. Therefore, it is important to make an effort to upgrade your skills before applying for a blockchain organization.</p> <p><strong>Make Your Resume</strong></p> <p>Now that the readers have acquired the new skill sets that are needed for their new career in their blockchain journey, they can start the application process. A lot of employees make the mistake of using the same old resume for every company. The main objective of a resume is to entice the employer to contact the applicant. It is not only important to update your resume accordingly but also tailor it accordingly in response to every new job posting to increase your chances of getting hired.</p> <p><strong>Create a Compelling Portfolio</strong></p> <p>In the modern age, having a CV and a well-presented resume is not enough. There is nothing as appealing for a prospective employer to see the proof of work and skill before they have been hired. A portfolio allows an employee to showcase their skillset to the employers and also create a realistic and non-exaggerated view of what the worker is capable of. Blockchain organizations are more likely to hire a worker with a decent and impressive portfolio.</p> <p><strong>Networking</strong></p> <p>Networking is the key to success within the closely-knit blockchain industry. By reaching out to industry experts in the crypto community, the employees can make sure that they can improve their goodwill in the industry and even manage to gather some nifty recommendations in the process. Networking also allows an individual to gather the necessary information from the industry about the latest developments that can give them an edge over others.</p> <p><strong>Conclusion</strong></p> <p>Cryptocurrency career opportunities are inflating faster than any other sector at present. During the next ten years, a host of new jobs and positions will be created within the blockchain sector.</p> <p>The post <a rel="nofollow" href="https://tokenhell.com/how-to-start-a-career-in-cryptocurrency-a-complete-guide/">How To Start A Career In Cryptocurrency? A Complete Guide</a> appeared first on <a rel="nofollow" href="https://tokenhell.com">Tokenhell</a>.</p> University of Sao Paulo Intends To Conducts An Academic Research In Metaverse https://www.cryptocynews.com/university-sao-paulo-intends-conducts-academic-research-metaverse/ CryptocyNews.com urn:uuid:dd7cfdee-0cde-634d-b164-67d1a6ff7f21 Sun, 03 Jul 2022 20:05:03 +0000 <p>A Brazilian university, the USP (University of Sao Paulo), reported that research will be done on the metaverse by the research groups that have an interest in human behavior and psychology, 3D modeling, as well as the efficiency of the devices related...</p> <p>The post <a rel="nofollow" href="https://www.cryptocynews.com/university-sao-paulo-intends-conducts-academic-research-metaverse/">University of Sao Paulo Intends To Conducts An Academic Research In Metaverse</a> appeared first on <a rel="nofollow" href="https://www.cryptocynews.com">CryptocyNews.com</a>.</p> <p>A Brazilian university, the USP (University of Sao Paulo), reported that research will be done on the metaverse by the research groups that have an interest in human behavior and psychology, 3D modeling, as well as the efficiency of the devices related to augmented or virtual reality. The respective research categories will be assessed within the metaverse context to comprehend how the unique world influences consumer interactions.</p> <p>Marcos A. Simplicio Jr., a professor at the USP, brought to the front that for the first time the USP had acquired an NFT (non-fungible token) through collaboration. The respective token is an exceptional land piece in the USM (United States of Mars), which is being constructed in partnership with the rest of the universities. Simplicio stated that the USP counts to be the earliest university throughout Latin America to carry out a collaboration with USM for assistance in its metaverse development.</p> <p>The very agreement will firstly have a partnership with researchers related to the existing – Ripple-sponsored – contract named the University Blockchain Research Initiative (UBRI). It was formerly reported that the metaverse-related opportunities were talked about at the yearly conference of the World Economic Forum, which came to a close on Thursday.</p> <p>In the respective session of the WEF the CEO of the CCI (Crypto Council for Innovation) – Sheila Warren – was also present and she talked at length about a series of subjects in which DAOs (decentralized autonomous organizations), crypto scenarios, as well as the security factors were included. Particularly, the panel dubbed “The Possibilities of the Metaverse” contemplated the possibilities dealing with the utilization of the metaverse technologies for the incorporation of enhancement into the learning of the children.</p> <p>The respective panel took into account High Fidelity’s co-founder (Philip Rosedale), Mindfire Foundation’s founder (Pascal Kaufmann), Magic Leap’s CEO (Peggy Johnson), an assistant research professor from New York University, Abu Dhabi (Hoda Alkhzaimi), and, Lego Group’s vice president (Edward Lewin).</p> <p>Lewin, while speaking during the discussion of the panel, mentioned that one in every three people utilizing the internet is a child or a young adult. Hence, he added, it is highly recommended that the center of focus in the respective project to develop the metaverse should move through children’s perspectives because they would be the consumers in the future.</p> <p>The USM (United States of Marse) – which was previously going with the title Radio Caca – as well as the University of Sao Paulo have declared a contract targeting the promotion of research on the metaverse’s legal, economic, as well as technical aspects.</p> <p>The post <a rel="nofollow" href="https://www.cryptocynews.com/university-sao-paulo-intends-conducts-academic-research-metaverse/">University of Sao Paulo Intends To Conducts An Academic Research In Metaverse</a> appeared first on <a rel="nofollow" href="https://www.cryptocynews.com">CryptocyNews.com</a>.</p> Binance Coin Price Prediction for Today, July 3: BNB May Come Below $200 https://insidebitcoins.com/news/binance-coin-price-prediction-for-today-july-3-bnb-may-come-below-200 Inside Bitcoins urn:uuid:16815d5d-2bc2-dfc2-8ca5-8766559fae3f Sun, 03 Jul 2022 20:00:51 +0000 The Binance Coin price prediction shows that BNB is likely to drop within the channel as its sell-offs may be extended further. Binance Coin Prediction <a class="read-more-link" href="https://insidebitcoins.com/news/binance-coin-price-prediction-for-today-july-3-bnb-may-come-below-200" title="Binance Coin Price Prediction for Today, July 3: BNB May Come Below $200">[...]</a> <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><body><p>The Binance Coin price prediction shows that BNB is likely to drop within the channel as its sell-offs may be extended further.</p> <h2>Binance Coin Prediction Statistics Data:</h2> <ul> <li>Binance Coin price now &ndash; $216</li> <li>Binance Coin market cap &ndash; $35.4 billion</li> <li>Binance Coin circulating supply &ndash; 163.2 million</li> <li>Binance Coin total supply &ndash; 163.2 million</li> <li>Binance Coin Coinmarketcap ranking &ndash; #5</li> </ul> <h2>BNB/USD Market</h2> <p>Key Levels:</p> <p>Resistance levels: $300, $320, $340</p> <p>Support levels: $150, $130, $110</p> <p style="text-align: center"></p><div class="su-button-center"><a href="https://insidebitcoins.com/visit/etoro-news" class="su-button su-button-style-3d" style="color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px" target="_self" rel="nofollow"><span style="color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none"> Buy Binance Coin Now</span></a></div> <p><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-binance-coin">BNB/USD</a> is currently changing hands at $216 as the coin continues to move sideways. The Binance Coin price may remain below the 9-day and 21-day moving averages on the market because it is mainly influenced by speculative sentiment and technical factors, while the coin may continue to move sideways.</p> <h2>Binance Coin Price Prediction: Would Binance Coin (BNB) Move Downside?</h2> <p>The <a href="https://insidebitcoins.com/news/binance-coin-price-prediction-for-today-june-29-bnb-slumps-below-215-level">Binance Coin price</a> is hovering below the 9-day and 21-day moving averages as bulls are yet to hold their ground. However, the widespread retracement on the market could bring the coin to the south with the next local support located at $200 as this level is likely to limit the correction to serve as a jumping-off ground for another bullish movement.</p> <p>However, if the coin begins to drop, it is likely for the sell-off to gain traction with the next focus on $150, $130, and $110 support levels. On the upside, the initial resistance may be created above the moving averages at the $250 level, and traders may need to see a sustainable move to the upside. The further bullish movement could touch the resistance levels of $300, $320, and $340. However, the technical indicator Relative Strength Index (14) is moving below the 40-level, suggesting a sideways movement.</p> <p>When compared with Bitcoin, the Binance Coin price is hovering above the 9-day and 21-day moving averages. The bulls could not push the market to cross above the upper boundary of the channel as the technical indicator Relative Strength Index (14) nosedives below 65-level.</p> <figure id="attachment_335280" aria-describedby="caption-attachment-335280" style="width: 1079px" class="wp-caption alignnone"><img class="wp-image-335280 size-full" src="https://insidebitcoins.com/wp-content/uploads/2022/07/BNBBTC_02072022.png" alt="" width="1079" height="565" srcset="https://insidebitcoins.com/wp-content/uploads/2022/07/BNBBTC_02072022.png 1079w, https://insidebitcoins.com/wp-content/uploads/2022/07/BNBBTC_02072022-300x157.png 300w, https://insidebitcoins.com/wp-content/uploads/2022/07/BNBBTC_02072022-1024x536.png 1024w, https://insidebitcoins.com/wp-content/uploads/2022/07/BNBBTC_02072022-768x402.png 768w" sizes="(max-width: 1079px) 100vw, 1079px"><figcaption id="caption-attachment-335280" class="wp-caption-text">BNBUSD &ndash; Daily Chart</figcaption></figure> <p>However, if the price slide below the 21-day moving average, the critical support level could be located at 1000 SAT and below. Moreover, if bulls begin to power the market, the coin may likely cross above the channel to find the potential resistance level at 1250 SAT and above.</p> <div class="inContentProviderSingle inContentColor--insidebitcoins fc-row"> <div class="inContentProviderSingle--wrapper"> <div class="container"> <div class="row mb-lg-3"> <div class="col-12 col-md-8"> <p class="inContentProviderSingle--title">eToro - Our Recommended Crypto Wallet</p> </div> <div class="col-12 col-md-4"> <div class="inContentProviderSingle--rating"> <div class="rating--holder"> <p class="rating--text">Our Rating</p> <div class="rating--star-container"> <div class="rating--star" style="width: 100%;"></div> </div> </div> </div> </div><!--/.col-md-4--> </div><!--/.row--> <div class="row"> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"> <img class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2021/08/logo-etoro.svg" alt="eToro exchange" width="125" height="60"> </div> <div class="col-12 col-md-8"> <ul class="inContentProviderSingle--list"> <li>Exchange Wallet for 120+ Cryptocurrencies, Trade In-Wallet</li> <li>Automatic Staking of ETH, ADA or TRX in your Wallet</li> <li>Regulated by FCA, ASIC and CySEC - Millions of Users</li> <li>Unlosable Private Key - Secure eToro Recovery Service</li> </ul><!--/.inContentProviderSingle--lis--> </div> <!-- ******* Desktop Provider Logo ********** --> <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"> <img class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2021/08/logo-etoro.svg" alt="eToro exchange" width="125" height="60"> </div> </div><!--/.row--> <div class="row"> <div class="col-12 text-center"> <div class="inContentProviderSingle--button"> <a href="https://insidebitcoins.com/visit/etoro" title="Start Trading" rel="nofollow">Open Free Wallet</a> </div> <div class="inContentProviderSingle--disclaimerText"> 68% of retail investor accounts lose money when trading CFDs with this provider. </div> </div> </div><!--/.row--> </div><!--/.container--> </div><!--/.inContentProviderSingle--wrapper--> </div><!--/.inContentProvider--single--> <p><strong>Read more:</strong></p> <ul> <li><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-binance-coin">How to buy Binance Coin</a></li> </ul> </body></html> India’s RBI Proposes A Graded Approach In a Bid To Introduce A Central Bank Digital Currency https://www.cryptocynews.com/indias-rbi-proposes-graded-approach-bid-introduce-central-bank-digital-currency/ CryptocyNews.com urn:uuid:38298815-e450-0210-3d1d-a85a145c4fad Sun, 03 Jul 2022 19:59:23 +0000 <p>The RBI (Reserve Bank of India), while further remarking on the decision of the authorities to launch an in-house CBDC (central bank digital currency) in 2022-23, suggested a 3-step strategy to introduce a CBDC with no or little disruption caused to the...</p> <p>The post <a rel="nofollow" href="https://www.cryptocynews.com/indias-rbi-proposes-graded-approach-bid-introduce-central-bank-digital-currency/">India’s RBI Proposes A Graded Approach In a Bid To Introduce A Central Bank Digital Currency</a> appeared first on <a rel="nofollow" href="https://www.cryptocynews.com">CryptocyNews.com</a>.</p> <p>The RBI (Reserve Bank of India), while further remarking on the decision of the authorities to launch an in-house CBDC (central bank digital currency) in 2022-23, suggested a 3-step strategy to introduce a CBDC with no or little disruption caused to the conventional system of finance. Nirmala Sitharaman (the finance minister of India), while arguing about this year’s budget, discussed the digital rupee’s launch to incorporate a huge advancement in digital finance.</p> <p>On Friday, in the yearly report issued on the behalf of the country’s central bank, the advantages as well as, harms of launching a CBDC were disclosed by the RBI. In the very report, the central bank emphasized that there is a requirement for the CBDC of India to run along with the targets of the country dealing with effective activities of payment systems and currencies, financial stability, as well as monetary policy.</p> <p>Keeping this requirement in view, the central bank is at the moment exploring a CBDC’s diverse design features that can have their applicability within the present fiat system of the country without paving the way for any disruptions. A legal agenda has also been provided for a digital rupee by the Indian Finance Bill 2022 which implemented up to 30% tax on cryptocurrencies in terms of unrealized profits.</p> <p>As per the report, the RBI platform will utilize an organized approach for a CBDC’s launch. It will be a stepwise procedure moving through different Proof-of-Concept phases, pilots as well as the introduction finally. At this time, as half of 2022 has passed, the project is at its proof-of-concept phase, with the central bank going through a process of confirming the functionality as well as the feasibility of a CBDC’s introduction.</p> <p>On 17th May, officials from the RBI reportedly cautioned against the adoption of crypto while referring to the hazards associated with the Indian economy’s dollarization. It was formerly reported that in line with the findings of the Economic Times, the chief officials from the country’s central bank – taking into account Shaktikanta Das – raised objections concerning the dominance of the United States dollar in the crypto world.</p> <p>An anonymous official was of the view that approximately the entirety of the cryptos are now influenced by the dollar and are introduced on the behalf of some foreign bodies which may consequently drive toward the dollarization of a proportion of the economy in India, indicating a hazard posed to the sovereign interest of the country.</p> <p>The post <a rel="nofollow" href="https://www.cryptocynews.com/indias-rbi-proposes-graded-approach-bid-introduce-central-bank-digital-currency/">India’s RBI Proposes A Graded Approach In a Bid To Introduce A Central Bank Digital Currency</a> appeared first on <a rel="nofollow" href="https://www.cryptocynews.com">CryptocyNews.com</a>.</p> Report: Russia Is Exploring Ways To Use Crypto In International Trade https://tokenhell.com/report-russia-is-exploring-ways-to-use-crypto-in-international-trade/ Tokenhell urn:uuid:f085fb3a-bf34-733a-aa26-0cc5883805ae Sun, 03 Jul 2022 19:55:53 +0000 <p>Government representatives have been hinting that the Russian Ministry of Finance has recently been showing quite the interest towards the utilization of cryptocurrencies for global market access. Russia Seeking Market Access via Crypto amid Sanctions Since its on-going war and invasion of neighboring country Ukraine, Russia has been bombarded with international sanctions from countries around &#8230;</p> <p>The post <a rel="nofollow" href="https://tokenhell.com/report-russia-is-exploring-ways-to-use-crypto-in-international-trade/">Report: Russia Is Exploring Ways To Use Crypto In International Trade</a> appeared first on <a rel="nofollow" href="https://tokenhell.com">Tokenhell</a>.</p> <p>Government representatives have been hinting that the Russian Ministry of Finance has recently been showing quite the interest towards the utilization of cryptocurrencies for global market access.</p> <p><strong>Russia Seeking Market Access via Crypto amid Sanctions</strong></p> <p>Since its on-going war and invasion of neighboring country Ukraine, Russia has been bombarded with international sanctions from countries around the world, with the USA blocking five huge Russian banks and freezing assets worth more than a trillion dollars, mainly disrupting the Russian financial economy at a significant level, as an effort to put a halt on the active invasion.</p> <p>However, it doesn’t seem likely that the war is ending, as Russian President, Vladmir Putin hasn’t shown any sign of reconsideration yet. So, in efforts to control its financial stability, the Russian government is looking towards cryptocurrencies as a newer alternative.</p> <p>According to a report from news outlet Interfax, the Russian Ministry of Finance is seen to be actively working on the legalization and regulation of cryptocurrencies in the region, enabling them to access global markets. Ivan Chebeskov from the financial policies department reportedly stated that the utilization of digital assets “as barter transactions” to score global settlements is actively being talked over and if these digital currencies are seen as properties, then they are very likely to be considered.</p> <p><strong>Leading towards Acceptance</strong></p> <p>However, this might not be such a surprise to many considering that Russia government has hinted the use of cryptocurrencies multiple times this year. Back in the month of March, chairman of the Russian congressional energy committee, Pavel Zavalny stated that the government is interested in receiving Bitcoin payments to provide natural gas, however only countries having good ties with Russia would be allowed to do that, because President Vladmir Putin has implied that unfriendly countries pay in rubles.</p> <p>Another example comes from just last month where the Russian Tax Agency stated that registered entities should be allowed to receive cryptocurrency payments from international trading contracts. This statement was a response towards the revised crypto draft bill put forward by the Ministry of Finance itself, so it is quite clear that the financial ministry has been working hard to drive the country towards the adoption of cryptocurrencies as legit payment alternatives for accessing global market to trade.</p> <p>The post <a rel="nofollow" href="https://tokenhell.com/report-russia-is-exploring-ways-to-use-crypto-in-international-trade/">Report: Russia Is Exploring Ways To Use Crypto In International Trade</a> appeared first on <a rel="nofollow" href="https://tokenhell.com">Tokenhell</a>.</p> Bank Of Thailand Governor Is Seeing No Urgency For A Central Bank Digital Currency https://tokenhell.com/bank-of-thailand-governor-is-seeing-no-urgency-for-a-central-bank-digital-currency/ Tokenhell urn:uuid:b29dfcc0-aace-53ca-d2fb-459f7c1c7bb8 Sun, 03 Jul 2022 19:46:26 +0000 <p>The BoT (Bank of Thailand) has halted its CBDC (central bank digital currency) strategy as it sees several appropriate means to substitute online payments. Sethaput Suthiwartnarueput, the governor of the central bank, stated that many adequate payment options are operating in Thailand thus there is no requirement to introduce a CBDC at the moment. As &#8230;</p> <p>The post <a rel="nofollow" href="https://tokenhell.com/bank-of-thailand-governor-is-seeing-no-urgency-for-a-central-bank-digital-currency/">Bank Of Thailand Governor Is Seeing No Urgency For A Central Bank Digital Currency</a> appeared first on <a rel="nofollow" href="https://tokenhell.com">Tokenhell</a>.</p> <p>The BoT (Bank of Thailand) has halted its CBDC (central bank digital currency) strategy as it sees several appropriate means to substitute online payments. Sethaput Suthiwartnarueput, the governor of the central bank, stated that many adequate payment options are operating in Thailand thus there is no requirement to introduce a CBDC at the moment.</p> <p>As per a report, the central-bank executive mentioned that the platform will keep on moving with its retail CBDC trial for the common masses in this year’s 4th quarter.</p> <p>Nonetheless, it will be done on a narrow scale and the financial organizations will test the fund transfers, withdrawals, as well as deposits. The central bank of the country, as is the case with the majority of other banks in the area, is strictly against the crypto as well as the decentralized economy, and has taken a pledge to clamp down on those engaged with these things.</p> <p><strong>The central bank of Thailand finds several payment substitutes</strong></p> <p>Suthiwartnarueput disclosed that he was pleased with the present online options for payments like several payment methods dealing with QR codes as well as Promptpay. He revealed that there may be some unintended consequences of utilizing blockchain technology and some risks can also be generated by smart contracts. The military-supported government of Thailand is making extensive efforts to advocate for mobile technology through a campaign called Thailand 4.0.</p> <p>Nonetheless, several of the unique systems (that are based on QR codes) have turned out to be unsuccessful or incompatible to be utilized on the behalf of the population. The central bank started proof-of-concept projects in 2018 to carry out trials of payments conduits across the borders with the Bank of China and Hong Kong Monetary Authority. 4 years later, the respective systems are mostly experimental and have not stepped forward than their testing stage.</p> <p><strong>Exemption from crypto VAT</strong></p> <p>This week, a piece of good news was noted by the Bangkok Post, saying that 7% of the value-added tax is being exempted by the government over the crypto transactions till the next year’s end. The entirety of the digital asset and crypto transactions done by the registered exchanges of digital assets will be eliminated from liability of tax payments till 31st December of the coming year.</p> <p>The post <a rel="nofollow" href="https://tokenhell.com/bank-of-thailand-governor-is-seeing-no-urgency-for-a-central-bank-digital-currency/">Bank Of Thailand Governor Is Seeing No Urgency For A Central Bank Digital Currency</a> appeared first on <a rel="nofollow" href="https://tokenhell.com">Tokenhell</a>.</p>