BTC update:
We have reached the strong support level for BTC which is between $53400 to $54700. A bounce in the current chart is a good thing and further 3%-4% rally could lead BTC to $57k where we have a strong 21 MA resistance.
After yesterday's -9.5% drop many got stopped out and some even got liquidated because they exposed a lot of their positions with high leverage trading. Some are still holding a loosing position for not using stop losses.
Things are pretty clear guys, we should always know how to safe our portfolios rather then making profits. It's always easy to make money in a bull run but its hard to safe it when market dumps all of a sudden (like yesterday).
Note: It is always good to have money to buy the dip rather then stuck in a trade with your entire portfolio.
We have reached the strong support level for BTC which is between $53400 to $54700. A bounce in the current chart is a good thing and further 3%-4% rally could lead BTC to $57k where we have a strong 21 MA resistance.
After yesterday's -9.5% drop many got stopped out and some even got liquidated because they exposed a lot of their positions with high leverage trading. Some are still holding a loosing position for not using stop losses.
Things are pretty clear guys, we should always know how to safe our portfolios rather then making profits. It's always easy to make money in a bull run but its hard to safe it when market dumps all of a sudden (like yesterday).
Note: It is always good to have money to buy the dip rather then stuck in a trade with your entire portfolio.
Billl Gates says the metaverse will host most of your office meetings within ‘two or three years'
In a year-end post on Gates' personal blog, the Microsoft co-founder included a prediction about the future of work, and how it could be changed by the rise of the metaverse, the virtual worlds being built by tech companies like Meta and Microsoft, where users will be able to work, play and socialize.
In a year-end post on Gates' personal blog, the Microsoft co-founder included a prediction about the future of work, and how it could be changed by the rise of the metaverse, the virtual worlds being built by tech companies like Meta and Microsoft, where users will be able to work, play and socialize.
Hackers use infected Windows activators to steal from crypto wallets
Hackers are imitating popular pirating tool KMSPico to spread malware, which could steal data from various crypto wallets. The attack is particularly dangerous because using KMSPico often requires people to disable antimalware software.
Hackers are imitating popular pirating tool KMSPico to spread malware, which could steal data from various crypto wallets. The attack is particularly dangerous because using KMSPico often requires people to disable antimalware software.
Meta to trial crypto transfers in WhatsApp
Meta (ex-Facebook) is launching a limited trial of its Novi digital wallet within its WhatsApp messaging platform, the social media giant said on December 8. A select number of users will now be able to send Pax Dollar stablecoins via WhatsApp. The move comes two months after Novi’s first pilot launched.
Meta (ex-Facebook) is launching a limited trial of its Novi digital wallet within its WhatsApp messaging platform, the social media giant said on December 8. A select number of users will now be able to send Pax Dollar stablecoins via WhatsApp. The move comes two months after Novi’s first pilot launched.
SoftBank invests 10% of its $5 billion fund in crypto
Japan’s SoftBank is investing 10% of the company’s $5 billion funds in crypto-related assets, a strategy that the bank’s managing director supports even if some tokens are overvalued.
According to the managing director of SoftBank’s Latin America Fund, Paulo Passoni, the most attractive place to invest in Latin America is cryptocurrencies, Bloomberg reported.
Japan’s SoftBank is investing 10% of the company’s $5 billion funds in crypto-related assets, a strategy that the bank’s managing director supports even if some tokens are overvalued.
According to the managing director of SoftBank’s Latin America Fund, Paulo Passoni, the most attractive place to invest in Latin America is cryptocurrencies, Bloomberg reported.
Bored Ape Yacht Club to Launch Play-to-Earn NFT Game
In less than eight months, the Bored Ape Yacht Club has become one of the most valuable and best-known NFT projects around, with celebrities “aping in” to the club, Adidas signing the brand, and virtual bands springing up left and right. Now the Apes are getting their own game.
Today, Bored Ape Yacht Club creator Yuga Labs announced that it will develop a play-to-earn game in partnership with Animoca Brands. Animoca is the publisher of the upcoming metaverse game, The Sandbox, and also an investor in a wide array of play-to-earn games and crypto industry projects, ranging from Axie Infinity to NBA Top Shot maker Dapper Labs.
In less than eight months, the Bored Ape Yacht Club has become one of the most valuable and best-known NFT projects around, with celebrities “aping in” to the club, Adidas signing the brand, and virtual bands springing up left and right. Now the Apes are getting their own game.
Today, Bored Ape Yacht Club creator Yuga Labs announced that it will develop a play-to-earn game in partnership with Animoca Brands. Animoca is the publisher of the upcoming metaverse game, The Sandbox, and also an investor in a wide array of play-to-earn games and crypto industry projects, ranging from Axie Infinity to NBA Top Shot maker Dapper Labs.
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XRP Hodlers Are Set to Receive a $500 Million Present in January 2022
Sologenic, a company that is building on the XRP Ledger, has announced that XRP holders wil be receiving 100 million $SOLO tokens in an airdrop estimated to be worth over $500 million. This article goes over their announcement and explains how to claim the free $SOLO tokens.
Sologenic, a company that is building on the XRP Ledger, has announced that XRP holders wil be receiving 100 million $SOLO tokens in an airdrop estimated to be worth over $500 million. This article goes over their announcement and explains how to claim the free $SOLO tokens.
Terra Becomes Second-Biggest DeFi Platform (Behind Only Ethereum)
Terra has become the second-biggest smart contract platform by total value locked, according to data provided by Defi Llama.
By reaching $16.6 billion, it has now surpassed Binance Smart Chain.
Terra’s TVL has grown 19.46% over the past 24 hours, racing ahead of competitors.
Terra has become the second-biggest smart contract platform by total value locked, according to data provided by Defi Llama.
By reaching $16.6 billion, it has now surpassed Binance Smart Chain.
Terra’s TVL has grown 19.46% over the past 24 hours, racing ahead of competitors.
China’s Internet giant Baidu registers its Metaverse trademark
The Chinese metaverse expansion is taking over the country’s market despite recent warnings from the authorities. Earlier today, China’s leading internet company, Baidu noted that it had registered its metaverse trademark. Furthermore, Baidu also shared a glimpse of its Metaverse world, Xi’rang.
The Chinese metaverse expansion is taking over the country’s market despite recent warnings from the authorities. Earlier today, China’s leading internet company, Baidu noted that it had registered its metaverse trademark. Furthermore, Baidu also shared a glimpse of its Metaverse world, Xi’rang.
Dubai World Trade Centre to set up specialised crypto zone
The Dubai World Trade Centre (DWTC) will become a crypto zone and regulator for cryptocurrencies and other virtual assets, the Dubai Media Office said on Monday, part of efforts to attract new business as regional economic competition heats up.
The Dubai World Trade Centre (DWTC) will become a crypto zone and regulator for cryptocurrencies and other virtual assets, the Dubai Media Office said on Monday, part of efforts to attract new business as regional economic competition heats up.
Shiba Inu ($SHIB) Becomes Third Most-Used Token on Ethereum Over Last 7 Days
The meme-inspired cryptocurrency Shiba Inu ($SHIB) has become the third most used token on the Ethereum network after only two major stablecoins, USDT and USDC, as holders are becoming more active, even amid negative price action.
According to data from Ethereum blockchain explorer Etherscan, as Finbold reports, Shiba Inu had over 78,000 unique users over the last seven days, while Tether’s USDT had 485,900 and the Centre Consortium’s USDC had 232,300.
Behind Shiba Inu, data shows, was Wrapped Ether (WETH) with nearly 72,000 unique users and Matic Token (MATIC) with 56,100 unique users.
The meme-inspired cryptocurrency Shiba Inu ($SHIB) has become the third most used token on the Ethereum network after only two major stablecoins, USDT and USDC, as holders are becoming more active, even amid negative price action.
According to data from Ethereum blockchain explorer Etherscan, as Finbold reports, Shiba Inu had over 78,000 unique users over the last seven days, while Tether’s USDT had 485,900 and the Centre Consortium’s USDC had 232,300.
Behind Shiba Inu, data shows, was Wrapped Ether (WETH) with nearly 72,000 unique users and Matic Token (MATIC) with 56,100 unique users.