Bitcoin losing its 200-week trendline puts $20K in play — BTC price analysis

NFTs and the Metaverse are the hottest topics in the cryptocurrency ecosystem right now, but the next big thing might just be decentralized social media. Like decentralized finance, decentralized social media platforms don’t have a centralized governing body and may, someday, provide viable alternatives to established platforms like Twitter, Instagram, Facebook and TikTok. The technology…

“Since departing Meta (formerly Facebook) we have been able to put our ideas into motion, ditch bureaucratic red tape, and build an entirely new network,” Aptos stated. 292 Total views 26 Total shares Former Meta employees and key players behind the firm’s defunc stablecoin project Diem have raised $200 million to expand a new project…

R/GA Ventures, the investment arm of international marketing company R/GA, is opening a blockchain investment studio in Oregon, the company announced in a press release published on April 24.The studio, dubbed Oregon Enterprise Blockchain Venture Studio (OEBVS), will be launched in partnership with several local companies participating in the blockchain industry. Namely, the release cites…

Peer-to-peer Bitcoin trade in Sub-Saharan Africa has rallied, surpassing the previous combined volume record posted at the heights of 2017’s rally. Crypto investors in Sub-Saharan Africa appear to be accumulating ahead of Bitcoin’s (BTC) halving next week.According to data published by Useful Tulips, surging African demand has driven record peer-to-peer (P2P) Bitcoin trading volume across…

Two energy divisions of German tech giant Siemens have joined a blockchain-driven energy platform to promote the use of decentralized technologies in the sector, according to a press release published Wednesday, Nov. 21.According to Siemens, its Energy Management and Power Generation Services departments are partnering with open-source, scalable blockchain platform Energy Web Foundation (EWF), founded…

At Consensus Distributed on May 12, Blockstream presented Lightnite, a Fortnite-like game that uses the Liquid Network for storing non-fungible tokens (NFT) representing game items.While the game is developed by independent company Satoshi’s Games, Blockstream has sponsored the game by running a token giveaway. The announcement has garnered a considerable amount of criticism from Ethereum (ETH)…

A Bitcoin (BTC) whale placed a $100 million short on Bybit, according to the pseudonyms trader CL. It comes after various on-chain data points toward a whale-driven sell-off throughout the past week.Though the momentum of Bitcoin remains strong, there are many reasons that make $16,000 an attractive area for sellers.There is significant liquidity at $16,000,…

Veteran trader Dan Tapiero said the most important thing for traders is to make rational judgments that aren’t impacted by people’s fears. 1316 Total views 8 Total shares While many beginners base their trades on the negativity brought about by devastating events happening in the crypto space, experienced traders base their decisions on different factors,…

As the Los Angeles Times reported on Aug. 14, Playboy — one of the pioneers in global erotica — is suing the Canadian firm Global Blockchain Technologies (BLOC), claiming that it failed to integrate blockchain technology into Playboy’s online media channels. Playboy Enterprises has filed a lawsuit in the Los Angeles County Superior Court, and…