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MicroStrategy Snubs Harsh Bear Storm As It Buys Additional 480 Bitcoin During Market Dip

On Wednesday, MicroStrategy (MSTR) announced that it had purchased an additional 480 bitcoins for about $10 million. 

According to a Form 8-k filed with the Securities Exchange Commission, the company bought the said coins at an average price of $20,817 per unit during the period between May 3 and June 28. The latest foray now brings the company’s total stash to 129,699 Bitcoins which were acquired for approximately $3.98 billion at an average price of $30,664 per coin.
CoinFLEX Lays Off a Significant Portion of its Team to Reduce Costs by 50 – 60%

Summary:

The CoinFLEX team has announced that it has laid off a significant portion of its team to cut operational costs by 50 to 60%.CoinFLEX has also made cuts in non-staff costs.The team explained that the cost-cutting was meant to transform the exchange into a leaner business.The CoinFLEXCoinFLEX Resumes Crypto Trading With Limited Withdrawals of Up to 10% of User Funds team has announced that it let go of a significant number of its team across all departments and geographic locations.
Forwarded from CryptoSoul
Get a free NFT land in the new metauniverse RIGHT NOW!

Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance.

CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon.

1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch.

When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched!

Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants.

The metauniverse is scheduled to launch on September 1.
Forwarded from CryptoSoul
FREE NFT GIVEAWAY!

Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community.

Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet.

Right now the price of a token is only $0.01 and continues to rise due to high demand.

1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Forwarded from CryptoSoul
Get a piece of NFT land in the Crypto Soul World metaverse!

Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet.

Right now the price of a token is only $0.01 and continues to rise due to high demand.

1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
LG Electronics Launches NFT Platform LG Art Lab for Smart TVs

South Korean multinational company LG Electronics has launched its new NFT platform LG Art Lab, according to a tweet published on September 4. The platform will “offer a curated selection of world-class artists integrated seamlessly” into mobiles, desktops, and LG TVs.

We're excited to continue to innovate in art & tech with our genuine passion as the world becomes more digital, empowering artists and collectors with art reimagined.
Billionaire Mike Novogratz Forecasts How Long the Bitcoin and Crypto Bear Market Will Last

Galaxy Digital CEO Mike Novogratz is updating his outlook on the future of the current bear market and the crypto markets as a whole.

Novogratz says in a Yahoo Finance interview that Bitcoin (BTC) and other crypto assets are likely to rally once the Federal Reserve pauses its monetary tightening measures.
Bitcoin Plunges Below $17,000 As Concerns Over FTX Spook Investors

Crypto investors continued to take heat Saturday following a market plunge that has largely to do with concerns over FTX’s financial health. At the time of publication, Bitcoin was trading at $16,854 after a 1.7% drop in the past 24 hours.

Ethereum took an even bigger hit, shedding roughly 18% in the past day to trade just under $1,205 at press time. Except for FTX’s FTT token, which has dropped over 90%, Solana (SOL) and MATIC seem to have been the biggest casualties in the lineup, plunging roughly 33% and 19% respectively. In the past day, the global crypto market cap has plunged by 10.64% to sit just under $849B, with total liquidations coming in at $865.84 million based on data from Coinglass.
Mad Money’s Jim Cramer: I Trust My Money More in Draftkings Than I Would Binance

The host of Mad Money, Jim Cramer, has cast doubt on the trustworthiness of crypto exchange Binance. “Why can’t people in charge just admit that Binance has no real legitimacy after what happened to FTX?” he asked, adding: “I would trust my money more in Draftkings than I would Binance.”

Jim Cramer Slams BinanceThe host of CNBC’s Mad Money show, Jim Cramer, cast doubt on the trustworthiness of cryptocurrency exchange Binance in a series of tweets this week. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website. He tweeted Friday:

Why are there no strategists who say that most crypto are worthless so sell them? Why can’t people in charge just admit that Binance has no real legitimacy after what happened to FTX?
Biggest Movers: SOL Rebounds From Recent Losses, ATOM 5% Higher on Friday

Cosmos raced higher for a second straight session, after recently snapping a four-day losing streak. Friday’s move saw the token move closer to a key resistance level of $12.50. Solana also moved higher earlier in the day, as price bounced from a key support point.

Cosmos (ATOM)Cosmos (ATOM), was one of Friday’s notable gainers, as the token moved closer to a key resistance level.Following a low of $11.70 on Thursday, ATOM/USD raced to an intraday peak of $12.38 earlier today.As a result of this move, cosmos moved towards a resistance point at the $12.50 level, which was last hit on Monday.Looking at the chart, the 14-day relative strength index (RSI) is also hovering near a ceiling of its own, at 66.00.Currently, the index is tracking at 65.85, which could lead to marginal consolidation, with earlier bulls opting to liquidate their positions.However, should this aforementioned ceiling be broken, then it is likely that ATOM could move towards $13.00.

Solana (SOL)
Giddy Wallet Announces First-Ever Autogas Feature for Polygon

March 3, 2023 – Salt Lake City, Utah

Today, Giddy is introducing the ability to pay for gas with USDC stablecoin or the GIDDY token on Polygon for wallet users. Gas can also still be paid with MATIC.This update will allow users to purchase, transfer, hold and track their positions for a wide range of the most widely-used digital tokens on Polygon. Multi-coin support will also begin within Giddy’s app on the Polygon Network.

With this launch, Giddy  becomes the first digital wallet to provide users options to perform transactions on Polygon without keeping MATIC in their balance. This is a significant step forward for the Polygon ecosystem because it provides more options and greater accessibility for clients that regularly use Giddy’s wallet.
P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return

According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, but he also noted that he could not share the full story at this time.

Challenges Cited by Paxful CEO Ray Youssef Explain Why the P2P Bitcoin Exchange Is Suspending Its MarketplaceOn April 4, 2023, Paxful released a blog post stating that the peer-to-peer Bitcoin (P2P) exchange is suspending its operations. “Today, Paxful will be suspending its marketplace,” said the trading platform’s CEO, Ray Youssef. “We are not sure if it will come back,” he added. Youssef continued by saying that the suspension may come as a shock to many and that he cannot share all the details at this time.

“I can say that we unfortunately have had some key staff departures,” Youssef wrote. “Also, regulatory challenges for the industry continue to grow, especially in the peer-to-peer market and most heavily in the U.S.”
Veloce Steps Into The Web3 Space With Its VEXT Token Launch

Veloce, a London-based digital racing media network, is elated to announce the launch of its native token VEXT, opening its ecosystem to the Web3 space.

According to the Veloce team, VEXT is a blockchain utility and a governance token created in partnership with MDRxTech, who have experience in tech development and Web3 strategy.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:

• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.

DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.

🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
BinaryX And AiGC Labs Partner Up For The First-Ever AI-Powered VR Game On The Metaverse

BinaryX, a GameFi and IGO platform, is elated to announce its partnership with AiGC Labs to develop the first AI-powered virtual reality game on the metaverse.

Per the announcement, BinaryX and AiGC Labs will launch the first-ever VR games featuring VR and Artificial Intelligence Game Content (AIGC) elements. The partnership seeks to harness, BinaryX’s GameFi expertise and AiGC Labs Virtual Reality and AIGC to create a groundbreaking new GameFi genre of AI-based VR games.
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Why Joining 75,000 XRP Holders Against the SEC Does Not Affect Potential Recovery for XRP Holders

Prominent crypto lawyer John E. Deaton was recently asked about the possibility of more XRP holders joining the civil case against Ripple in Oakland, California, if the verdict in SEC vs Ripple goes against Ripple and the judge declares XRP a security. Just last week, a California Judge certified a class of American purchasers of XRP in a complaint accusing Ripple Labs of selling unregistered securities. This second legal concern Ripple is facing is the subject of the tweet that prompted the question.
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Coinbase Officially Launches Crypto Services In Canada

Crypto exchange Coinbase has announced the expansion of its services to Canadian citizens, strengthening its already outstanding stronghold on the North American market.

For its newly unveiled subscription service, Coinbase One, the exchange will waive membership fees for Canadian nationals for the first 30 days in an effort to onboard new users.

Coinbase Lands In CanadaCoinbase is making waves in Canada amid a promising local crypto regulatory climate.

Coinbase’s Canadian users are primed to enjoy a seamless transaction experience, thanks to an integration of Interac payment rails in partnership with local financial services firm Peoples Trust Company — which is part of Peoples Group.