Pinakabagong Balita sa Crypto at Market Updates

Coinbase CEO Predicts 1 Billion Crypto Users Over the Next Decade

According to Brian Armstrong, CEO of Coinbase Global Inc, there could be 1 billion cryptocurrency users over the next decade.　　According to Bloomberg, Armstrong made the statements during a discussion about price volatility in the cryptocurrency market at Mondays Milken Institute Global Conference.　　In the global market, there are now only roughly 200 million cryptocurrency users.　　Ryan Armstrong stated during a meeting with Cathie Wood, the CEO of Ark Invest, who offered a bullish prognosis on bitcoin:　　“My guess is that in 10-20 years, well see a substantial portion of GDP happening in the crypto economy,”　　DeFi can provide practically all financial services in collaboration with traditional and central institutions, often banks, but on the blockchain. DeFi can supply any typical service offered by a financial institution. In a nutshell, Defi is a blockchain-based financial service modeled after traditional financial services, with the goal of developing new services or derivatives based on blockchains unique characteristics. Because Defi does not need intermediaries like traditional banks, tokens can be freely traded or borrowed.　　Meanwhile, Wood feels Bitcoin is a game changer, explaining why the cryptocurrency is surging and gaining momentum as a hedge, and she believes decentralized finance is very promising, pushing the industry to pay attention to

2022-05-04Malalim na Pagsisid

The PRIMATE Token from Animoca Brands Has Been Listed on Huobi Global

Animoca Brands just announced that its PRIMATE Token has been launched for trading on the Huobi Global crypto platform.　　PRIMATE is the native token of Benji Bananas, Animoca Brands physics-based free-to-play mobile arcade game. The game has received over 50 million downloads and is linked to the ApeCoin (APE) ecosystem, with PRIMATE. Tether has been coupled with the play-to-earn token (USDT).　　According to Animoca Brands, Benji Bananas players can only earn PRIMATE Tokens by playing the game while holding a Benji Bananas Membership Pass NFT, which can be purchased on OpenSea, LooksRare, and Rarible.　　PRIMATE is now exchangeable on SushiSwap for ApeCoin (APE), REW, TOWER, GMEE, QUIDD, PROS, DOSE, STZ, and Ether, according to the startup for digital property rights in gaming and the metaverse (ETH).　　Benji Bananas is reported to be the first utility provider for APE. The first 5,000 Benji Bananas Membership Pass NFTs went on sale on March 17 for 25 APE each and sold out in 2 minutes.　　Exchange of cryptocurrencies According to CoinMarketCap, Huobi Global is now ranked sixth among the Top Cryptocurrency Spot Exchanges.　　In a recent announcement, Animoca Brands announced a collaboration with OneFootball and Liberty City Ventures to form OneFootball Labs as a joint venture.　　According to the release,

2022-05-04Malalim na Pagsisid

SEC Is Hiring Additional Investigators to Fight Cryptocurrency Fraud

According to The Wall Street Journal, the United States Securities and Exchange Commission (SEC) intends to enlarge its special team tasked with investigating cryptocurrency fraud and other criminal actions.　　The SEC has taken this action in order to bring the unregulated cryptocurrency business under federal regulation.　　The SECs Crypto Assets and Cyber Unit will be expanded by twenty investigators and litigators. This unit was established in September 2017 when authorities noted an increase in the number of new digital coins sold to the general public.　　The SECs special cryptocurrency unit would have 50 prosecutors and other personnel after the addition of new members. The section will also have a new boss, as the present chief, Kristina Littman, has announced her departure from the agency in June.　　According to The Wall Street Journal, the SEC indicated that, in addition to cryptocurrency issuers and trading platforms, the unit will investigate novel assets such as non-fungible tokens (NFTs).　　The SEC filed over 100 cryptocurrency-related enforcement proceedings between 2013 and 2021.　　SEC Enforcement Director Gurbir S. Grewal stated in a written statement that “crypto markets have expanded in recent years, with regular investors bearing the brunt of abuses in this arena.”　　“The bolstered Crypto Assets and Cyber Unit will be at

2022-05-04Malalim na Pagsisid

NFT Platform Waiting List Opened by Kraken Exchange

Kraken, an American digital currency trading platform, has announced the creation of a waiting list for its Non-Fungible Token (NFT) marketplace or platform.　　According to the exchanges statement, the Kraken NFT platform is geared to compete with its peers in the ecosystem, since it boasts a number of characteristics that set it apart.　　According to Kraken, NFT collectors that execute transactions on the site will not be charged any gas fees. This is a significant departure from what the exchanges competitors are already offering. The majority are being chastised, particularly for their ties to Ethereum, which is notorious for its exorbitant transaction costs.　　“Once your NFT is custodied with Kraken NFT, you will not pay any blockchain network fees for (the) trading activity that takes place within our platform. This helps you build your dream collection with near-instant transfer speeds and the peace of mind that spikes in network activity will not impact the cost of your purchases and trades,” the exchange said.　　The Kraken NFT platform will handle various blockchain protocols, starting with Ethereum and Solana and expanding to other protocols in the near future. The platforms multi-chain support architecture will further empower NFT enthusiasts who have previously been limited in their total

2022-05-04Malalim na Pagsisid

Aave price analysis: AAVE set to spike higher in the next 24 hours - BitcoinEthereumNews.com

AAVE/USD 1-day price chart, source: TradingView　　The technical indicator on the 1-day Aave price analysis chart indicates a bullish market, as the MACD is moving above the signal line while the RSI has climbed above 40. These indicators support further upside movement of Aave prices and could see the bulls push on to test the $180.00 resistance level again in todays trading session. The Bollinger bands are however contracting and indicate low market volatility as the market indecision continues.　　Aave price analysis 4-hour chart: Prices enter a bullish trend as the market looks to reclaim the $180.00 level　　Aave prices are in a bullish trend on the 4-hour Aave price analysis chart as the market looks to reclaim the $180.00 resistance level. The MACD is moving above the signal line as the market bulls look to take control while the RSI is trading above the 50.0 level, indicating further upside momentum in todays trading session. The Bollinger bands are however contracting and this could see prices experience some consolidation below the $180.00 level before a breakout to the upside.　　AAVE/USD 4-hour price chart, source: TradingView　　The moving averages for Aave are also in a bullish trend, indicating that the bulls could continue to push on

2022-05-04Industriya

Wikipedia stops accepting cryptocurrency donations - BitcoinEthereumNews.com

Wikipedia has said it will no longer be accepting donations in crypto, closing its Bitpay account following a three month debate by the Wikimedia Foundation.　　The initial proposition by Wikipedia editor Molly White for Wikipedia to stop accepting cryptocurrency donations by the Wikimedia community took place between January 10th and April 12th 2022. The Wikimedia Foundation (WMF) has now released a pahayag that outlines that they will no longer accept cryptocurrency donations.　　“The Wikimedia Foundation has decided to stop accepting cryptocurrency donations. The decision was made based on a community request that the WMF no longer accept crypto donations, which came out of a three-month-long discussion that wrapped up earlier this month.” the statement read.　　According to the community request, the request for comments (Rfc) included input from around 400 users, who participated in the voting and discussion concerning the proposition.　　Some of the arguments outlined in support of the balak to stop accepting cryptocurrency included “issues of environmental sustainability, that accepting cryptocurrencies constitutes implicit endorsement of the issues surrounding cryptocurrencies, and community issues with the risk to the movements reputation for accepting cryptocurrencies”.　　Arguments in opposition to the proposal included “the existence of less energy-intensive cryptocurrencies (proof-of-stake), that cryptocurrencies provide safer ways to donate

2022-05-04Industriya

Republicans Push Drug In State Bills - BitcoinEthereumNews.com

KabuhayanAng mga Republican ay Nagtulak ng Droga Sa mga Bill ng Estado05 / 03 / 2022Balita ng Ethereum ng BitcoinTopline　　Republicans in a number of states have recently pushed legislation to promote ivermectin and hydroxychloroquine—two ineffective and potentially dangerous treatments for Covid-19—and protect doctors who prescribe the drugs to coronavirus patients.　　A package containing a syringe of the antiparasitic drug ivermectin.　　ASSOCIATED PRESS/Ted S. Warrenn　　key Katotohanan　　New Hampshire: The state Senates health and human services committee on April 28 approved HB 1466, which would allow physicians greater freedom to prescribe drugs for uses not approved by the FDA, boosting the availability of ivermectin as a Covid-19 treatment.　　Tenessee: Gov. Bill Lee (R) on April 22 naka-sign into law a similar bill allowing pharmacists in the state to provide ivermectin with immunity from administrative discipline or civil liability if the pharmacist does not also engage in negligence or misconduct.　　Ohio: HB 631, na kung saan ay ipinakilala April 21 by state Rep. Kris Jordan (R), would prevent health departments, healthcare facilities and pharmacies in the state from refusing to promote or expand access to the antiparasitic drugs ivermectin and hydroxychloroquine as Covid-19 treatments.　　Kansas: The Republican-controlled Kansas Senate Lumipas a kuwenta on March 24 that would permit the

2022-05-04Industriya

Algorand: This is how 2022 FIFA World Cup would be affecting ALGO traders - BitcoinEthereumNews.com

Pinagmulan: TradingView　　Also worthy of note is the sharp increase in the market capitalization of the ALGO token in the past 24 hours. Standing at $4.03b just before the partnership anouncement, the token went up by over 75% in market capitalization.　　Pinagmulan: CoinMarketCap　　“Streets Cred” is up　　On a social front, the token performed significantly well in the past 24 hours. As of 1 May, the social dominance for the token stood at 0.5186%. However, by 2 May this went up by over 400% to an index of 2.696%.　　Similarly, the social volume recorded a significant spike of 76% in the past two days. These uptrends are indicative of increased engagement of the token on a social front following the anouncement.　　Pinagmulan: Santiment　　Further to this, a look at the developmental activity for the token revealed that no significant traction was made in that regard. This might, however, take on an uptrend as the FIFA World Cup draws nearer.　　Only Just The Begining　　For context, last year, during the Copa America 2021 Final, South America‘s soccer body, CONMEBOL in partnership with an NFTs Platform, Ethernity launched an NFT collection that featured 75 editions each of the Argentinian and Brazilian teams’ digital collectibles.　　With FIFAs partnership with Algorand ahead of the

2022-05-04Industriya

Gatorade trademark applications hint at joining the metaverse - BitcoinEthereumNews.com

Stokely-Van Camp, the beverage company with the original rights to market and produce Gatorade, may be exploring releasing virtual sports drinks in the metaverse.　　According to records submitted to the United States Patent and Trademark Office, or USPTO, on Wednesday, Stokely-Van Camp naisaayos two applications for the word Gatorade and the sports drinks “G”-shaped orange, black and white logo to be used in conection with “virtual beverage products” and nonfungible tokens, or NFTs. The filings suggest Gatorade may be preparing to introduce its branded products to the metaverse.　　Getting dehydrated from a workout in the metaverse？　　Gatorade will have you covered.　　Per a trademark filing made on April 27th, @Gatorade plans to soon offer “virtual beverage products.”#metaverse #gatorade# web3 #FuelTomorrow pic.twitter.com/4HZbTEoSWM　　- Josh Gerben (@JoshGerben) Mayo 3, 2022　　Stokely-Van Camp added that the Gatorade name and logo could be used in digital media artwork, text, audio and video. According to the USPTO status, the U.S. government agency could take roughly six months to examine the applications.　　Now owned by multinational food corporation PepsiCo, Gatorade is a major sports drink consumed by people in more than 80 countries around the world. The company reportedly despatsado roughly $2.6 billion worth of products in U.S.-based convenience stores in 2021 and

2022-05-04Industriya

Decoding factors detrimental to Filecoins [FIL] short-term recovery - BitcoinEthereumNews.com

Pinagmulan: TradingView, FIL/USDT　　Over the past 13 months, FIL lost more than 95% of its value and witnessed a fairly swift drawdown towards the $14 baseline. In the meanwhile, the alt saw multiple descending triangles and a down-chanel while bears displayed their one-sided dominance.　　Pinagmulan: TradingView, FIL/USDT　　FILs RSI has been traversing sideways while slamming itself into the 34-ceiling. An eventual break above this mark could pave a path to a stronger revival on the price chart.　　Also, the Aroon up (yellow) kept gliding near the zero-mark for the last few days. A likely lift-off from this bottom could assist FIL in overturning the 23.6% resistance. But after a recent bearish divergence of the CMF and price action, the money volumes into the cryptos ecosystem have taken a plunge. Should the immediate 0.09 support stand stiff, the alt could aim for a sustained recovery.　　Konklusyon　　In view of the strength of the $14-support, FIL could aim to find a break above the 23.6% level in the days to come. In which case, the 20/50 EMA would continue to pose resistance hurdles for the alt. On the flip side, an inability to amplify trading volumes on the part of buyers could be detrimental to FILs short-term recovery.　　Bukod,

2022-05-04Industriya

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