CryptoLandβ„’ Signal | Analysis | News
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Real-time crypto signals, analysis & news.
Data-driven insights for smarter trading.

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πŸ’  China’s CBDC to provide backup for Alipay and WeChat Pay

πŸ–‡ An official of the People’s Bank of China (PBOC) stated that China’s central bank digital currency (CBDC) would act as a backup for major players in the mobile payment sector like Alibaba’s Alipay and Tencent’s WeChat Pay.

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πŸ’  Grayscale Bitcoin Trust dropped nearly 20% amid intense BTC market selloff

πŸ–‡ The currency bitcoin market correction has dealt a particularly harsh blow to Grayscale Bitcoin Trust, the biggest fund tracking the cryptocurrency. As bitcoin prices plummet, the fund has gone into free-fall, shedding almost 20% off its $29.4 billion valuation this week alone.

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πŸ’  At what Bitcoin price will Satoshi Nakamoto become the world's richest person?

πŸ–‡ It is estimated that Satoshi Nakamoto, the creator of BTC, will become the world's richest person if the price of Bitcoin (BTC) hits approximately $182,000. Nakamoto is estimated to have mined over 1 million BTC.

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πŸ’  Pro traders close Ether longs even after options expiry

πŸ–‡ Data shows pro traders who bought the Ether price dip below $1,600 are now booking profits even though today’s $1.15 billion options expiry was uneventful.

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πŸ’  Hester Peirce: Some NFT sales could be illegal

πŸ–‡ SEC commissioner Hester Peirce, affectionately known as "Crypto Mom" within the cryptocurrency industry, warned investors yesterday that some NFTs could be considered unregistered securities under certain circumstances.

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πŸ’  Liquidity mining is booming β€” Will it last, or will it bust?

πŸ–‡ In liquidity mining, a project offers its tokens to anyone willing to deposit their funds into a smart contract. Liquidity mining is a marked and significant improvement over the investment mechanisms of ICOs, but is it here to stay?

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πŸ’  Crypto.com CEO: NFT craze and institutional money to bring next 100 million crypto users

πŸ–‡ According to a study by Crypto.com, it took over a decade for crypto to reach 100 million users, or ~1% of the global population. But Crypto.com CEO Kris Marszalek, expects the next 100 million users to arrive in a far quicker time frame.

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πŸ’  $6 billion in Bitcoin options contracts expired yesterday

πŸ–‡ About $6.4 billion worth of Bitcoin options contracts expired yesterday. But concerns that this threatened a huge dump on the market turned out to be nothing but hot air, as the price of Bitcoin has since risen by 2%.

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πŸ’  U.S. crypto exchanges see no increase in activity despite stimulus checks

πŸ–‡ Crypto exchanges have not witnessed increased trading activity following the recent $1.9 trillion stimulus funding from the U.S government. This development has caught the attention of the crypto community with prior stimulus funding resulting in a surge of crypto purchases on exchanges.

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πŸ’  This Norwegian billionaire used to hate Bitcoin. now he's an investor

πŸ–‡ Nine days ago, billionaire investor ystein Stray Spetalen used his platform at the DNB Invest conference to denounce Bitcoin as a β€œnonsense currency.” Now he’s not only bought his own stash of the currency, in addition to investing in Norway's largest Bitcoin exchange MiraiEx, according to Norwegian publication Finansavisen.

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πŸ’  Think of NFTs as the birth of the virtual economy

πŸ–‡ The world is racing toward a virtual future, where digital objects have real value. NFTs are the next step in this evolution.

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Forwarded from Bridge Oracle
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πŸ’  Indian gov: companies must disclose crypto holdings

πŸ–‡ Companies incorporated in India are required by law to disclose crypto holdings, as of April 1. Indian crypto industry representatives told Decrypt the news is positive but has no bearing on the tabled motion for an outright crypto ban.

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πŸ’  NFTs are not just for art

πŸ–‡ Some believe the hype around million-dollar NFT art and digital collectibles is warranted, with new use cases sure to emerge.

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πŸ’  Bitcoin HODLers are not selling

πŸ–‡ According to on-chain data from Glassnode, Bitcoin supply that has not moved for over two years has hit a 3-month low, indicating conviction from long-time HODLers.

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Forwarded from Bridge Oracle
#BridgeWeekly #Giveaway

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Tweet LinkπŸ‘‡πŸ»
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πŸ’  Fake Bitcoin sellers steal close to $500K from victims

πŸ–‡ As bitcoin’s price continues to increase, scammers and con artists abound. Two suspects have been accused of stealing almost $500,000 from unsuspecting victims in fraudulent bitcoin transactions in Hong Kong.

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πŸ’  New Zealand fund manager reveals its Bitcoin investment last year

πŸ–‡ A New Zealand fund manager named KiwiSaver Growth Strategy invested $17.5 million in Bitcoin when the price was around $10,000 in October 2020.

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Forwarded from Bridge Oracle
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Tweet LinkπŸ‘‡πŸ»
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πŸ’  Circle launches credit card payment solution for the NFT market

πŸ–‡ Circle plans to accelerate the mainstream adoption of non-fungible tokens (NFTs) by launching a credit card payment solution for NFT platforms.

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πŸ’  Crypto mergers and acquisitions doubled in 2020

πŸ–‡ The total volume of mergers and acquisitions in the crypto industry more than doubled from $481 million in 2019 to $1.1 billion in 2020, PwC said in a Monday market overview.

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