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Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000 as Bulls Re-Enter
26.4.2022
After falling to multi-week lows to start the week, BTC rebounded back above the $40,000 level on Tuesday. Today’s surge in price comes as ETH also rallied, climbing beyond the $3,000 point for the first time in three days. Bitcoin Following a disappointing start to the week, bitcoin saw...
US Charges Ethereum Dev’s Conspirators Allegedly Helping North Korea Evade Sanctions Using Crypto
26.4.2022
Two European citizens have been charged for conspiring with Ethereum developer Virgil Griffith to help North Korea evade U.S. sanctions using cryptocurrency, the Department of Justice (DOJ) announced. They conspired “to teach and advise members of the North Korean government on cutting-edge...
Tokens․com Makes a Big Metaverse Move into SuperWorld
26.4.2022
PRESS RELEASE. The Web3 Investment firm has purchased 40 NFT plots of virtual real estate on the SuperWorld platform. From companies like Apple and Facebook to brands like Puma and Gucci and beyond, suffice it to say the Metaverse is becoming the new frontier for commerce and community. And right...
Standard Chartered Bank Enters the Metaverse
26.4.2022
Standard Chartered Bank has become the latest major bank to enter the metaverse. The bank has acquired “virtual land at The Sandbox metaverse’s Mega City district, a culture hub based on or inspired by Hong Kong talents.” Standard Chartered Bank Forays Into the Metaverse...
Report: Afghans Use Crypto to Curb Taliban’s Influence on Their Financial Well-Being
26.4.2022
Afghan residents are reportedly acquiring digital assets that they use to preserve their savings and to diminish the ruling Taliban’s ability to affect their financial well-being. Since the militant group seized control, the value of crypto transactions per week has in some cases doubled,...
LABEL Foundation Announces the Strategic Partnership With Polygon Studios to Launch Their Dapp on Polygon Mainnet
26.4.2022
PRESS RELEASE. In this industry, it is crucial to establish key strategic partnerships in order to ensure both longevity and prosperity. As such, LABEL Foundation has officially announced a partnership with Polygon Studios, with the further intention to chase their multichain goal and launch their...
Report: Only 5.3% of Spanish Crypto Investors Have Received a Warning to Declare Income Taxes
26.4.2022
Only 5.3% of Spanish crypto investors have received a warning to declare income taxes, according to a report in local media. If accurate, this would mean that only 233,000 investors, a minuscule portion of the estimated 4.4 million Spanish citizens that have delved into the crypto world with...
Meme Token Economy Jumps Close to 10% Higher After Dogecoin Spike Fuels the Pack
26.4.2022
The top meme tokens by market capitalization saw a significant jump on Monday after being fueled by dogecoin’s recent price rise. Crypto meme coins like shiba inu, dogelon mars, and floki inu saw 2-13% gains over the last 24 hours. The entire meme token economy is worth $35.8 billion,...
Decentralized Finance Crypto Exchange Uniswap Starts Blocking Addresses Linked To ‘Blocked Activities’
26.4.2022
Uniswap, one of the main decentralized finance exchanges in the cryptocurrency world, is now taking measures to ensure illegal funds cannot be transacted using its platform. The company has already started blocking addresses linked to “blocked activities” and will apply a filter with...
DAO Maker, UniX, and SL2 Teams up for Its One of a Kind ‘FINAL ROUND’ Launchpad
26.4.2022
PRESS RELEASE. Zug, Switzerland, April 25, 2022) – UniX Gaming, a leading crypto gaming guild, has partnered with industry giants DAO Maker and SL2 Capital to launch its own launchpad, ‘Final Round’. UniX also announced that Delysium would be one of the first games to debut...
While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter
25.4.2022
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday,...
Elon Musk Purchases Twitter for $44 Billion, Social Media Company Will Transition to a Private Company
25.4.2022
On Monday, Twitter announced that Elon Musk has officially acquired the social media platform for $54.20 per share in a transaction valued at $44 billion. After the transaction completes, Twitter will transition to a private company. Musk Acquires Social Media Platform Twitter — Aims...
NFT Trade Volume Jumped 23% Higher This Week Capturing Close to $1 Billion in Sales
25.4.2022
Non-fungible token (NFT) sales have increased by 23.56% over the last week, as $945.2 million in sales were recorded across 15 different blockchains during the last seven days. NFT sales stemming from Ethereum jumped 29.16% in seven days, gathering $863.2 million in sales or 91.32% of the $945.2...
Uncollateralized Lending Platform Truefi Reveals $100 Million Single-Borrower Pool Designed for Blockchain.com
25.4.2022
The crypto firm Blockchain.com has revealed it has secured up to $100 million in liquidity from Truefi’s single-borrower pool. The pool will be initially capped at $100 million over the first year and Blockchain.com aims to use the funds to bolster its own “liquidity pools, leverage...
Biggest Movers: DOGE up on Twitter News, WAVES Deep in the Red
25.4.2022
DOGE rallied on Monday, as traders reacted to the news that Elon Musk was possibly nearing a takeover of Twitter. While DOGE surged, AXS and WAVES were also big movers, however they were mainly in the red, as recent losses extended. Dogecoin (DOGE) DOGE was trading higher to start the week,...
Report: Twitter Engages in Negotiations With Elon Musk, Analyst Says Unless a Second Bidder Appears Musk Will Acquire the Company
25.4.2022
According to multiple reports stemming from people familiar with the matter, Twitter has been engaged in negotiations with Elon Musk over his proposal to purchase the social media platform for $46.5 billion. Sources detail that a number of Twitter shareholders allegedly reached out to...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to 5-Week Lows
25.4.2022
Both ETH and BTC fell close to five-week lows to start the week, as losses in crypto markets extended on Monday. Following bearish pressure over the weekend, BTC started the week trading below $39,000, while ETH was under $2,900. Bitcoin Bitcoin started the week trading in the red for a fifth...
Chainalysis: Crypto Gains Skyrocket Worldwide — Investors’ Profit Grew 5x to $163 Billion in 2021
25.4.2022
Blockchain data analytics firm Chainalysis has found that the total cryptocurrency gains worldwide amounted to $163 billion in 2021, which was 5x the previous year or a 400% increase. Chainalysis on Crypto Gains Worldwide Blockchain analysis firm Chainalysis published a blog post last week titled...
Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine
25.4.2022
A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine, which was invaded by the Russian army...
Samsung Participates in Series A Round That Raised $25 Million for a Metaverse Startup
25.4.2022
A Korean metaverse startup, Doubleme, is said to have raised $25 million in a Series A round that saw the leading South Korean electronics manufacturer Samsung Electronics take part. Capital Raised to Fund Marketing Efforts The South Korean electronics and smartphone maker Samsung is reported...