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Cosmos creator and co-founder of Tendermint Jae Kwon launches NewTendermint

Effective today, All in Bits, Inc. DBA “Tendermint”, which rebranded to ‘Ignite” in February 2022, declared the creation of two independent entities – Ignite Inc. and NewTendermint Inc.

The first entity, NewTendermint Inc., sees the return of the co-founder of the original Tendermint, Jae Kwon, holding the position of CEO.
Celsius Considers Bankruptcy, Hires More Advisors

Summary:

The crypto lending company of Celsius is reportedly considering filing for bankruptcy.Celsius has therefore hired more advisors to prepare for the potential filing.The crypto lending company of Celsius is reportedly considering filing for bankruptcy.

According to a report by the Wall Street Journal, Celsius Network LLC has hired restructuring consultants from the advisory firm of Alvarez and Marsal to recommend a way forward on a possible bankruptcy filing.
Mike Novogratz Bashed for Linking BTC to Roe V. Wade

Bitcoin bull and hedge fund gazillionaire Mike Novogratz stirred controversy on social media when he used the recent Supreme Court decision to repeal Roe v. Wade to promote bitcoin.

Mike Novogratz Takes Political FlakThe decision – which occurred just a few weeks ago in late June – led to heavy protests on the left side of the political spectrum and cheering on the right. The repeal of Roe v. Wade severely limits one’s access to abortion rights in the United States after nearly 50 years. Roe v. Wade occurred in 1973.

Novogratz – who has never been a huge fan of President Donald Trump – lashed out at the American leader, claiming that it was his court (given its conservative 6-3 advantage) who was responsible for leading the country in the wrong direction. He claimed that the Supreme Court justices he appointed had lied and misled senators, but he also took the opportunity to promote bitcoin.
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.
Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High

On Wednesday, Bitcoin’s mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022. The latest rise is Bitcoin’s third difficulty increase since August 4, 2022, and it’s now 11.63% harder to find bitcoin block reward.

Bitcoin Difficulty Jumps 9.26% — Metric Prints the Second Largest Rise This YearBitcoin (BTC) has experienced the third difficulty increase this month as the difficulty increased by 9.26% on August 31. The difficulty change took place at block height 751,968, and the 9.26% jump is the second biggest this year. The largest rise in 2022 took place 223 days ago on January 20, 2022, at block height 719,712.
Shark Tank’s Kevin O’Leary Says There’s One Catalyst That Can Push Bitcoin Above $22,000

Shark Tank investor Kevin O’Leary believes there’s one thing preventing Bitcoin (BTC) from getting out of its current trading range.

In a new interview with Circle CEO Jeremy Allaire, O’Leary says getting the support of US policymakers could trigger an influx of institutional capital into the crypto markets, sparking a Bitcoin breakout.
Binance To Liquidate FTX’s FTT Holdings “Due To Recent Revelations”

Binance will sell the remaining FTX’s FTT tokens on its balance sheet according to the exchange’s CEO Changpeng Zhao “CZ”. Making the announcement late Sunday, CZ noted that the decision was reached “due to recent revelations that have come to light”.

“As part of Binance’s exit from FTX equity last year, Binance received roughly $2.1 billion equivalent in cash (BUSD and FTT). Due to recent revelations that have come to light, we have decided to liquidate any remaining FTT on our books.” CZ wrote.
Keep An Eye On Oryen Network (ORY), ApeCoin (APE), And Filecoin (FIL)

DeFi projects are changing the common perception in the global market.

Crypto adherents have always sought new ways to diversify their portfolios and make more coffers. They have always wanted to find new ways to make their portfolios more robust and resilient.

With DeFi projects such as Oryen Network (ORY), ApeCoin (APE), and Filecoin (FIL) many now have more options than ever before.

Oryen, ApeCoin, and FileCoin are revolutionizing the crypto space with consistent growth. They aim to make infusing easier, cheaper, and safer for everyone who wants to join this new world of decentralized finance.
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021

The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest ratio of short liquidations vs long liquidations since July 2021, according to a recent Alpha report from Bitfinex.

Bitfinex Analysts See a Cautious Approach From Bulls as Market Remains Highly Illiquid Despite Price SurgeBitcoin (BTC) and ethereum (ETH) prices have risen significantly against the U.S. dollar, causing a cascade of short liquidations on Jan. 14. The cryptocurrency exchange Bitfinex discussed the matter in its most recent Alpha report #37. When a trader opens a short position against bitcoin or ethereum, they expect the price of the crypto assets to decline in the future.

However, if bitcoin’s price climbs quickly, short traders either get liquidated or must buy back the bitcoin at a higher price. When the price of BTC or ETH rises too much, short sellers are liquidated, meaning their short position is closed by the crypto derivatives exchange. According to Bitfinex researchers, a significant number of liquidations took place on Jan. 14.
DeFi Lending Protocol Venus To Start Accepting Floki As Collateral

Floki has partnered up with Venus Protocol, the biggest lending protocol on the BNB Chain. As the second largest DeFi protocol on the BNB Chain, Venus boasts an impressive total value locked (TVL) of a whopping $1.35 billion, representing 84% of the market share of the BNB Chain lending TVL. 

Venus will integrate Floki into its isolated money marketsAccording to a blog post by Floki earlier today, Venus Protocol will soon integrate Floki into its isolated money markets. The DeFi lending giant will allow holders of the FLOKI token on the BNB Chain to borrow a wide range of cryptocurrencies like BNB, USDC, USDT, etc. by using FLOKI as collateral. 

The FLOKI integration process on Venus has started, and this is expected to be finalized in March after which Floki holders will be able to seamlessly lend and borrow on Venus while using their FLOKI tokens as collateral.”
FTX EU Commences Process To Return Customer Funds

FTX EU, the European arm of Sam Bankman-Fried’s bankrupt crypto exchange, has commenced the process of returning funds to its customers. The crypto platform’s customers will now be able to inquire about their balance on the exchange, which will be followed by withdrawals.

Withdrawals will be restricted to FTX customers who opened accounts after March 2022According to a press release from FTX, the crypto exchange’s European arm has set up a dedicated website for processing all withdrawal requests. Customers can use the website to request final balances ahead of the withdrawal of fiat currency funds remaining in their accounts. The customers will receive a statement of the funds that they are entitled to. 

All withdrawal requests will be subject to know-your-customer (KYC) and anti-money laundering (AML) checks, along with customary verification of account details.
Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court

Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court of Denmark. The verdicts in the cases, which involve crypto purchases and payments as well as income received from bitcoin mining, uphold decisions of lower courts.

Denmark’s High Court Considers Crypto Gains Taxable Under Current LawProfits made from the sale of bitcoin are taxable in Denmark, the country’s Supreme Court has decided in two separate rulings announced on Thursday. Both decisions are in lawsuits filed against the Danish Ministry of Taxation and confirm verdicts issued by lower-instance courts.

In one of the cases, the plaintiff acquired a certain amount of digital coins in 2011 – 2015, through purchases and donations from third parties for the development of crypto-related software. The private individual sold them in 2017 and 2018 at higher prices.
NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023

Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March.

NFT Sales Decline by 5.76% in April, Ethereum Dominates, Bored Ape Yacht Club Leads in CollectionsNFT sales surpassed $1 billion in both January and February 2023; however, sales figures declined in March and April. According to cryptoslam.io’s latest NFT sales data for April, the sales stood at $732.13 million, which is 5.76% lower than the previous month.

Out of this amount, Ethereum-based NFT sales dominated the market, accounting for $485 million in trades. However, Ethereum NFT sales declined by 19% in April compared to March figures.
Kenyan Central Bank Governor Says Stance on Crypto Not Driven by Personal Views

Patrick Njoroge, the outgoing governor of the Kenyan central bank, recently said the bank’s policy on crypto assets is not driven by personal views but is founded on the “wealth of information that is in the central bank.” Njoroge said the Central Bank of Kenya will continue to point out the risks posed by unregulated crypto activity.

Outgoing Governor Says Kenyan Central Bank Has ‘Wealth of Information’The Central Bank of Kenya (CBK) governor, Patrick Njoroge, recently said the apex bank’s stance towards crypto is not driven by personal views but is informed by the “wealth of information that is in the central bank.” He said while different individuals may have different views about crypto, it is the 57-year-old institution that ultimately determines the country’s crypto policy.

Outgoing CBK governor on Crypto Regulation
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
Bitcoin Price Analysis: BTC Eyes More Upsides Above $31,250

Bitcoin price is showing positive signs above $30,000 against the US Dollar. BTC might correct lower but dips could be limited below the $29,850 zone.

Bitcoin Price AnalysisBitcoin price started a decent increase above the $29,000 resistance zone. The price remained stable above the $30,000 level and traded in a positive zone.

There was a clear move above the $30,500 level and the 55 simple moving average (4 hours). The price even rallied above the $31,000 resistance zone. However, the price seems to be struggling near the $31,450 zone. A high was formed near $31,445 and the price is now consolidating gains.
CryptoMinerBros: Celebrating 5 Years of Helping Shape the Future of the Crypto Mining Community

After only 5 years in business, Hong Kong-based Crypto Miner Bros, which was founded in August 2018, has risen to prominence as a major dealer of cryptocurrency mining hardware. Crypto Miner Bros has built a strong reputation in the cryptocurrency mining sector because of its skilled staff of blockchain experts, e-commerce experts, and mining experts.

The wonderful mining community that Crypto Miner Bros has fostered is fully behind the company’s mission to democratize crypto mining. Without the support of its customers, the company would not have been able to grow and succeed. To give back to the community, Crypto Miner Bros provides the best crypto mining tools and full crypto mining solutions available.
Ethereum-Based Altcoin Showing Signs of Potential Breakout, Says Trader Who Nailed 2018 Bitcoin Bottom

A closely followed crypto strategist says that one mid-cap altcoin looks poised to break out against Bitcoin (BTC), Ethereum (ETH) and the US dollar (USD).

Pseudonymous analyst Bluntz tells his 223,800 X followers that the decentralized oracle network Chainlink (LINK) is forming a bullish continuation pattern across all three pairs.
Crypto Spot Trading Volume Drops to $475,000,000,000, Reminiscent of 2019 Bear Market: Analytics Firm

Crypto spot trading volume on exchanges dipped significantly in August amid the sector’s recent bearish price action, according to the blockchain data firm CCData.

The firm notes in a recent monthly report that spot trading volume on centralized exchanges in August dropped for the second consecutive month, decreasing by 7.78% to $475 billion.