Ravendex, A Cardano-Based Project, Releases its DEX Demo, to start with Tokens Sales soon
Ravendex, a new Cardano project has made a demo version of its first decentralized exchange, having features like Swap Pools, Light & Dark Mode.
While the company continues to make rapid progress after the private token sale started, which has 100 million $RAVE tokens available for the investors, while 82 million $RAVE tokens are already said to be sold out.
Ravendex, a new Cardano project has made a demo version of its first decentralized exchange, having features like Swap Pools, Light & Dark Mode.
While the company continues to make rapid progress after the private token sale started, which has 100 million $RAVE tokens available for the investors, while 82 million $RAVE tokens are already said to be sold out.
Here’s What’s Next for Ethereum, Solana and Elrond, According to Crypto Trader Michaël van de Poppe
Crypto analyst and trader Michaël van de Poppe is plotting the potential path ahead for smart contract platforms Ethereum and Solana, as well as internet-scale blockchain Elrond.
In a new strategy session, Van de Poppe tells his 135,000 YouTube subscribers that he expects Ethereum (ETH) to respect its immediate resistance at $3,900 one more time before finally breaking out.
Crypto analyst and trader Michaël van de Poppe is plotting the potential path ahead for smart contract platforms Ethereum and Solana, as well as internet-scale blockchain Elrond.
In a new strategy session, Van de Poppe tells his 135,000 YouTube subscribers that he expects Ethereum (ETH) to respect its immediate resistance at $3,900 one more time before finally breaking out.
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Facebook Picks Coinbase to Support Its Novi Wallet
Coinbase is helping Facebook launch its latest cryptocurrency project Novi, a digital wallet. The product launched early Tuesday morning and Coinbase – one of the world’s most popular digital currency exchanges – was hired to assist with the logistics of the wallet.
Coinbase Is Facebook’s Knight in Digital ArmorThe social media giant is offering a batch of varying digital currencies to users that will be stored on Coinbase. These assets are available to anybody who signs up to take part in the early testing of the Novi wallet. Following the news, stock in Coinbase rose by as much as two percent.
The product is designed to help people send and receive digital money no matter where they are in the world. The wallet will undergo a short period of testing in both the United States and Guatemala before being released to the public. All transactions are alleged to be fully secure and will not incur any fees.
Coinbase is helping Facebook launch its latest cryptocurrency project Novi, a digital wallet. The product launched early Tuesday morning and Coinbase – one of the world’s most popular digital currency exchanges – was hired to assist with the logistics of the wallet.
Coinbase Is Facebook’s Knight in Digital ArmorThe social media giant is offering a batch of varying digital currencies to users that will be stored on Coinbase. These assets are available to anybody who signs up to take part in the early testing of the Novi wallet. Following the news, stock in Coinbase rose by as much as two percent.
The product is designed to help people send and receive digital money no matter where they are in the world. The wallet will undergo a short period of testing in both the United States and Guatemala before being released to the public. All transactions are alleged to be fully secure and will not incur any fees.
Hacking Groups Stealing YouTube Channels To Broadcast Crypto Scams: Google Report
Groups of hackers are hijacking YouTube channels to promote crypto scams, according to a new report from tech industry titan Google.
In a new blog post, Google’s Threat Analysis Group says that bad actors are using Russian-speaking online forums to lure victims and gain access to their YouTube channels.
Groups of hackers are hijacking YouTube channels to promote crypto scams, according to a new report from tech industry titan Google.
In a new blog post, Google’s Threat Analysis Group says that bad actors are using Russian-speaking online forums to lure victims and gain access to their YouTube channels.
Cardano’s Charles Hoskinson Signs Memorandum With Burundi Government, Agreement Questioned
Cardano founder Charles Hoskinson recently confirmed he had signed a memorandum of understanding (MOU) with the government of Burundi. This MOU agreement is Hoskinson’s first major preliminary agreement he has secured since kickstarting Cardano’s African tour in mid-October, 2021.
Meetings With Burundi and Zanzibar LeadersBefore traveling to Burundi, Hokisnson had visited Zanzibar where he held meetings with Hussein Ali Mwinyi, the island nation’s president. However, it is Hoskinson’s Burundi visit that has helped Cardano to achieve its latest major agreement with an African state after it signed another deal with the Ethiopian government back in April 2021.
To break the news about his interactions with the Burundi government as well as Cardano’s latest achievement, Hoskinson went on Twitter and shared some key moments of his Burundi tour. In his last tweet, he said: “Yes, we signed a great MOU today.”
Cardano founder Charles Hoskinson recently confirmed he had signed a memorandum of understanding (MOU) with the government of Burundi. This MOU agreement is Hoskinson’s first major preliminary agreement he has secured since kickstarting Cardano’s African tour in mid-October, 2021.
Meetings With Burundi and Zanzibar LeadersBefore traveling to Burundi, Hokisnson had visited Zanzibar where he held meetings with Hussein Ali Mwinyi, the island nation’s president. However, it is Hoskinson’s Burundi visit that has helped Cardano to achieve its latest major agreement with an African state after it signed another deal with the Ethiopian government back in April 2021.
To break the news about his interactions with the Burundi government as well as Cardano’s latest achievement, Hoskinson went on Twitter and shared some key moments of his Burundi tour. In his last tweet, he said: “Yes, we signed a great MOU today.”
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Crypto payments infrastructure platform MoonPay closes $555 million Series A
MoonPay, a crypto payments infrastructure provider, today announced it has closed a $555 million Series A financing round led by Tiger Global Management and Coatue with participation from Blossom Capital, Thrive Capital, Paradigm, and NEA.
The company’s fiat-to-crypto on-ramp powers more than 250 wallets, websites, and applications in more than 160 countries and has processed more than $2 billion in transactions to date.
MoonPay, a crypto payments infrastructure provider, today announced it has closed a $555 million Series A financing round led by Tiger Global Management and Coatue with participation from Blossom Capital, Thrive Capital, Paradigm, and NEA.
The company’s fiat-to-crypto on-ramp powers more than 250 wallets, websites, and applications in more than 160 countries and has processed more than $2 billion in transactions to date.
Payments Giant Stripe Open to Launching Crypto Support, Highlights Potential of Solana and Lightning Network
The president of payments giant Stripe says the firm is open to the possibility of integrating crypto into its platform.
Three years after abandoning support for Bitcoin (BTC) due to volatility concerns, Stripe co-founder and president John Collison tells CNBC in a new interview that the industry titan is reconsidering its stance on crypto.
“One thing that’s interesting to us is that there have been a lot of developments of late with an eye to making cryptocurrencies better, and in particular scalable, and acceptable cost as a payment method.
The president of payments giant Stripe says the firm is open to the possibility of integrating crypto into its platform.
Three years after abandoning support for Bitcoin (BTC) due to volatility concerns, Stripe co-founder and president John Collison tells CNBC in a new interview that the industry titan is reconsidering its stance on crypto.
“One thing that’s interesting to us is that there have been a lot of developments of late with an eye to making cryptocurrencies better, and in particular scalable, and acceptable cost as a payment method.
Pro-Bitcoin Senator to Introduce Comprehensive Crypto Bill in US
The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer protections. The bill will also propose creating a new entity to oversee the digital asset market.
Comprehensive Crypto Bill Coming up in US, Says SenatorU.S. Senator Cynthia Lummis is reportedly preparing to introduce a comprehensive crypto bill next year. The Republican senator from Wyoming explained that the bill will cover everything from how cryptocurrencies are taxed and categorized to consumer protections, Bloomberg reported Thursday.
The bill will provide clear guidance on which asset class a particular asset belongs to and will also establish a framework to regulate stablecoins, a senior aide for the senator told the news outlet. In addition, it will propose creating a new entity to oversee the crypto market that will operate under the joint jurisdiction of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC).
The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer protections. The bill will also propose creating a new entity to oversee the digital asset market.
Comprehensive Crypto Bill Coming up in US, Says SenatorU.S. Senator Cynthia Lummis is reportedly preparing to introduce a comprehensive crypto bill next year. The Republican senator from Wyoming explained that the bill will cover everything from how cryptocurrencies are taxed and categorized to consumer protections, Bloomberg reported Thursday.
The bill will provide clear guidance on which asset class a particular asset belongs to and will also establish a framework to regulate stablecoins, a senior aide for the senator told the news outlet. In addition, it will propose creating a new entity to oversee the crypto market that will operate under the joint jurisdiction of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC).
Renowned 3D NFT Artist Gal Yosef Announces Meta Eagle Club Collection Backed by Eden Gallery
January 27, 2022 – New York, New York
Globally-respected 3D artist Gal Yosef is excited to launch his Meta Eagle Club NFT collection. More importantly, the launch is backed by Eden Gallery, an internationally acclaimed gallery for its high-end curation of artwork.Gal Yosef is a well-known name in the 3D art and NFT community. He is the artist behind the Crypto Bulls Society collection – which sold out immediately upon launch and generated over $50 million in primary sales and market auctions. Furthermore, Gal has worked with Justin Bieber, DJ Steve Aoki and others. A one-of-a-kind NFT created through such collaborations sold at Sotheby’s for $214,000.
Many consider Gal Yosef to be one of the most influential role models in 3D NFT art, making the launch of his upcoming Meta Eagle Club NFT collection all the more exciting. The collection will feature Yosef’s much-appreciated and well-liked detailed, lifelike cartoon-style avatars.
January 27, 2022 – New York, New York
Globally-respected 3D artist Gal Yosef is excited to launch his Meta Eagle Club NFT collection. More importantly, the launch is backed by Eden Gallery, an internationally acclaimed gallery for its high-end curation of artwork.Gal Yosef is a well-known name in the 3D art and NFT community. He is the artist behind the Crypto Bulls Society collection – which sold out immediately upon launch and generated over $50 million in primary sales and market auctions. Furthermore, Gal has worked with Justin Bieber, DJ Steve Aoki and others. A one-of-a-kind NFT created through such collaborations sold at Sotheby’s for $214,000.
Many consider Gal Yosef to be one of the most influential role models in 3D NFT art, making the launch of his upcoming Meta Eagle Club NFT collection all the more exciting. The collection will feature Yosef’s much-appreciated and well-liked detailed, lifelike cartoon-style avatars.
Tourism Explodes in El Salvador Thanks to BTC
The bitcoin agenda in El Salvador has produced some unexpected side effects. The country is experiencing a huge boom in tourism thanks to its newfound love of crypto.
El Salvador Is Seeing a Lot More VisitorsEl Salvador announced last year that it was going to make bitcoin legal tender. It was the first nation to do so, and right now, someone can walk into a store or organization and purchase items and services with digital currency along with fiat. While the use of bitcoin is not being forced on the people, they have the choice, and businesses must treat customers who choose to pay with bitcoin in the same manner as they would customers that purchase with fiat.
The bitcoin agenda in El Salvador has produced some unexpected side effects. The country is experiencing a huge boom in tourism thanks to its newfound love of crypto.
El Salvador Is Seeing a Lot More VisitorsEl Salvador announced last year that it was going to make bitcoin legal tender. It was the first nation to do so, and right now, someone can walk into a store or organization and purchase items and services with digital currency along with fiat. While the use of bitcoin is not being forced on the people, they have the choice, and businesses must treat customers who choose to pay with bitcoin in the same manner as they would customers that purchase with fiat.
President Hichilema Lauds Vitalik Buterin For His Support Of Zambia’s Efforts To Become Africa’s Tech Hub
In a tweet on Sunday, Zambia’s President, Hakainde Hichilema, lauded the efforts of the likes of Vitalik Buterin, who have shown support for the modern vision of the country. Buterin had recently shown support for the country that aims to be Africa’s tech hub.
A Welcoming Place For FoundersHichilema’s tweet in response to a Bloomberg report of Buterin backing Zambia’s vision read:
“Technology can bring opportunities for millions of Zambians. Great to see international leaders in tech sharing our vision for a modern and innovative Zambia at the heart of the region.”
In a tweet on Sunday, Zambia’s President, Hakainde Hichilema, lauded the efforts of the likes of Vitalik Buterin, who have shown support for the modern vision of the country. Buterin had recently shown support for the country that aims to be Africa’s tech hub.
A Welcoming Place For FoundersHichilema’s tweet in response to a Bloomberg report of Buterin backing Zambia’s vision read:
“Technology can bring opportunities for millions of Zambians. Great to see international leaders in tech sharing our vision for a modern and innovative Zambia at the heart of the region.”
Dogecoin Whale Activity Skyrockets As Analyst Envisions An Elon Musk-Induced “Big Price Move”
Key Takeaways
Dogecoin whale transactions hit a four-month high.A market analyst notes that the metric could denote a “big price move”.Dogecoin (DOGE) has again taken the spotlight, showing exorbitant action in the market. The memecoin has been seeing significantly elevated whale transactions according to new data.
DOGE whale transactions reaches four-month highAccording to market analyst Ali Martinez, the number of high-value transactions on the Dogecoin network has skyrocketed since April 25. There were 2400 transactions with a value greater than $100,000. This is a four-month high for the metric he pointed out.
Martinez noted that on the DOGE market, these transactions were a proxy for whales, and suggests that the meme coin could be poised for a massive upclimb.
Key Takeaways
Dogecoin whale transactions hit a four-month high.A market analyst notes that the metric could denote a “big price move”.Dogecoin (DOGE) has again taken the spotlight, showing exorbitant action in the market. The memecoin has been seeing significantly elevated whale transactions according to new data.
DOGE whale transactions reaches four-month highAccording to market analyst Ali Martinez, the number of high-value transactions on the Dogecoin network has skyrocketed since April 25. There were 2400 transactions with a value greater than $100,000. This is a four-month high for the metric he pointed out.
Martinez noted that on the DOGE market, these transactions were a proxy for whales, and suggests that the meme coin could be poised for a massive upclimb.
Coinweb is one of the most promising projects
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Battling the Bears – Why the Crypto Market Has Crashed and When a Recovery Can Be Expected
In a move that seemed hard to imagine last year, widespread cryptocurrency market crashes have seen the price of Bitcoin tumble under $27,000, with another major altcoin, Luna, being wiped out completely.
The collapse has pushed BTC/USD more than 55% adrift from its all-time high, which was recorded as recently as November 2021. But what does this recent collapse mean for investors? And could a recovery be expected?
Source: iNewsAs we can see from the charts above, the cryptocurrency market crash has impacted coins in similar ways, but what’s causing the downturn?
Fundamentally, investor sentiment surrounding cryptocurrencies has changed in the wake of the downturn. As inflation rates have increased, investors have become altogether warier of high-risk investments, and the volatility that surrounds the crypto market makes it an ever-present risk to portfolios.
In a move that seemed hard to imagine last year, widespread cryptocurrency market crashes have seen the price of Bitcoin tumble under $27,000, with another major altcoin, Luna, being wiped out completely.
The collapse has pushed BTC/USD more than 55% adrift from its all-time high, which was recorded as recently as November 2021. But what does this recent collapse mean for investors? And could a recovery be expected?
Source: iNewsAs we can see from the charts above, the cryptocurrency market crash has impacted coins in similar ways, but what’s causing the downturn?
Fundamentally, investor sentiment surrounding cryptocurrencies has changed in the wake of the downturn. As inflation rates have increased, investors have become altogether warier of high-risk investments, and the volatility that surrounds the crypto market makes it an ever-present risk to portfolios.
Bit Oasis Creates New Crypto Education Programs
Bit Oasis – one of the Middle East’s largest cryptocurrency trading companies – has partnered with a firm known as the MBC Group, a major broadcasting company in that corner of the globe, as a means of creating ads and awareness programs to potentially boost cryptocurrency regulation and adoption throughout the region.
Bit Oasis Works to Boost Crypto AdoptionBit Oasis will now see several new education programs designed by its staffers broadcasted on channels in Dubai. Ola Doudin – chief executive and co-founder of Bit Oasis – explained in an interview:
In countries like the UAE and Saudi Arabia, crypto assets are steadily going mainstream due to early adoption by tech-savvy millennial and Gen Z retail investors, but a massive majority across the region still do not have a good understanding of this emerging asset class. We are ramping up efforts to ensure consumers are aware and educated about investing in crypto across our region whilst offering the simplest and most accessible way to invest.
Bit Oasis – one of the Middle East’s largest cryptocurrency trading companies – has partnered with a firm known as the MBC Group, a major broadcasting company in that corner of the globe, as a means of creating ads and awareness programs to potentially boost cryptocurrency regulation and adoption throughout the region.
Bit Oasis Works to Boost Crypto AdoptionBit Oasis will now see several new education programs designed by its staffers broadcasted on channels in Dubai. Ola Doudin – chief executive and co-founder of Bit Oasis – explained in an interview:
In countries like the UAE and Saudi Arabia, crypto assets are steadily going mainstream due to early adoption by tech-savvy millennial and Gen Z retail investors, but a massive majority across the region still do not have a good understanding of this emerging asset class. We are ramping up efforts to ensure consumers are aware and educated about investing in crypto across our region whilst offering the simplest and most accessible way to invest.
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Analyst Michaël van de Poppe Says Low Is In for Crypto, Predicts Breakouts for Curve (CRV) and Fantom (FTM)
Widely followed analyst Michaël van de Poppe says he believes that the bear cycle low is in for the crypto markets.
Van de Poppe tells his 618,600 Twitter followers that the total market capitalization of all crypto assets managed to bounced just above a key bottom indicator.
“The most important chart isn’t Bitcoin. It’s the total market capitalization for crypto (TOTAL). Never closed beneath 200-week moving average in the recent crash and curling back up. This would mean that we’ve seen the low. The most likely scenario is a continuation towards $1.25 trillion.”
Source: Van de Poppe/TwitterAt time of writing, the total market cap of all crypto assets stands at slightly above $1 trillion while the 200-week moving average of the TOTAL chart is hovering around $860 billion.
As Van de Poppe predicts a sustained bounce across the crypto markets, the analyst is bullish on CRV, the governance token of stablecoin-focused decentralized exchange Curve Finance.
Widely followed analyst Michaël van de Poppe says he believes that the bear cycle low is in for the crypto markets.
Van de Poppe tells his 618,600 Twitter followers that the total market capitalization of all crypto assets managed to bounced just above a key bottom indicator.
“The most important chart isn’t Bitcoin. It’s the total market capitalization for crypto (TOTAL). Never closed beneath 200-week moving average in the recent crash and curling back up. This would mean that we’ve seen the low. The most likely scenario is a continuation towards $1.25 trillion.”
Source: Van de Poppe/TwitterAt time of writing, the total market cap of all crypto assets stands at slightly above $1 trillion while the 200-week moving average of the TOTAL chart is hovering around $860 billion.
As Van de Poppe predicts a sustained bounce across the crypto markets, the analyst is bullish on CRV, the governance token of stablecoin-focused decentralized exchange Curve Finance.