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Key Bitcoin price indicators signal bulls bought the $43K restest
Bitcoin's (BTC) severe 26% drop from its $58,300 all-time high on Feb. 20 injected a bit of bearishness into the market but from a technical perspective, this was purely psychological as the digital asset held the $43,000 support with ease. This downside move caused indicators like the Crypto Fear & Greed Index to hit 38,…
Post Malone features BAYC NFTs in new music video with The Weeknd
Rapper Post Malone bought two Bored Ape Yacht Club NFTs for a combined 160 ETH via a new crypto fintech startup MoonPay. 951 Total views 26 Total shares Rapper Post Malone is the latest celebrity to move into nonfungible tokens (NFT) by promoting a major NFT project and a cryptocurrency firm.In his latest collaboration with…
Whales profit as high Ethereum gas fees sideline retail DeFi investors
High gas fees on the Ethereum network are making it nearly impossible for retail investors to interact with DeFi protocols but the same doesn’t apply to whales. 1146 Total views 9 Total shares Since early 2020 the decentralized finance sector has been recieved a lot of attention due to its cutting-edge innovation and the lucrative…
Metropolitan Museum of Art to return $550K in donations from FTX
The agreement came on the back of “good faith, arm’s length negotiations” with FTX’s debtors, the museum said. 128 Total views 1 Total shares The Metropolitan Museum of Art (Met) is set to return $550,000 in donations it received from crypto exchange FTX prior to its collapse in November.The New York-based museum confirmed its intention…
Crypto Wallet’s Browser Offers Thousands of DApps in One Place
A mobile crypto wallet has announced that users can now effortlessly access thousands of decentralized applications (DApps) directly through its platform.Lumi Wallet says its motivation is to create a one-stop-shop for crypto enthusiasts — a whole ecosystem focused on convenience and simplicity.At the heart of this strategy has been an ambition to streamline the process…
Supply chains reimagined: Enterprise DeFi finances personal protective equipment
Supply chain management has historically been challenging due to issues, such as increased costs, consumer demands, financial risk, volatility and much more. Unfortunately, the COVID-19 pandemic has created even bigger issues for supply chains globally. A recent survey conducted by Big Four firm Ernst & Young in late 2020 puts this in perspective, noting that 97%…
US diplomats call on Japan’s crypto exchanges to cut ties to Russia: Report
The FSA and Japan’s Finance Ministry previously warned crypto firms against processing transactions involving sanctioned individuals or entities, subject to fines or imprisonment. 71 Total views 15 Total shares Officials representing the United States government have reportedly urged Japan’s licensed cryptocurrency exchanges to stop doing business with Russia, seemingly as part of the country’s economic…
Will Bitcoin ever trade below $27,000 again?
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin will ever be below $27,000 again. Have you missed your chance to purchase some sats at sub $30,000 levels? In the latest episode of The Market Report, analyst and writer Marcel Pechman analyzes some data to conclude whether Bitcoin (BTC) will…