Bitcoin traders set $50K price target after BTC falls below key support level
Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts.
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Nifty News: Assassin’s Creed unveils ‘smart collectibles’, MechaFightClub winds down and more ….
Assassin’s Creed, one of Ubisoft’s most popular gaming franchises, has announced a series of customizable “smart collectibles” featuring both digital and physical components.The collectibles are set to drop on May 16 and consist of a transparent 3D-printed cube with a character figure inside, along with a Polygon-based NFT called a “Digital Soul” which provides proof…
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Hashstack launches Open protocol testnet, offering under-collateralized loans
Harmony's Ecosystem Fund financed Hashstack's solution to improving DeFi lending. 458 Total views 7 Total shares The DeFi lending and borrowing market has grown significantly in volume as new lending protocols continue to attract capital and NFT-backed loans become more popular. According to Dune Analytics, the top three platforms in terms of market capitalization are Aave (AAVE),…
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El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others
The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000. El Salvador has launched a new citizenship-by-investment program that grants a residency visa and pathway to citizenship for 1,000 people willing to stump up a $1 million Bitcoin (BTC) or Tether (USDT)
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FTX’s $1.4B bid on Voyager Digital assets: A gambit or a way out for users?
In September, cryptocurrency exchange FTX US secured the winning bid for the assets of embattled crypto brokerage firm Voyager Digital with a bid of approximately $1.4 billion. The bid was made up of the fair market value of Voyager’s crypto holdings “at a to-be-determined date in the future.”According to Voyager, at current market prices, the…
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‘Insane’ Bitcoin price consolidation means $48K is the new BTC support level
A fundamental shift in technicals suggests that bulls should treat $48,000 like the new $35,000, says Glassnode. 3820 Total views 16 Total shares Bitcoin (BTC) has seen "unreal" price consolidation since the start of February 2021 — and fundamental support is now at $48,000.According to on-chain monitoring resource Glassnode, the second month of the year…
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Crypto market in ‘extreme greed,’ may need deleveraging before $100K BTC
The last time the Crypto Fear & Greed Index had a score of 80 was on April 9, just before Bitcoin saw an 18% correction over the following three weeks.
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Swiss Blockchain Hackathon in June Includes Partnerships With PwC, Amazon Web Services
Switzerland will host the Swiss Blockchain Hackathon later this year in a bid to help companies find real-life applications of blockchain technology, according to an announcement published on Feb. 27.The three-day event is reportedly organized by Switzerland’s six leading blockchain and IT organizations — Trust Square, Bitcoin Association Switzerland, CV Labs, Crypto Valley Association (CVA),…
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South Korea excludes NFTs, CBDCs from crypto interest mandate
Users who deposit digital assets to exchanges in South Korea will be eligible to receive interest on their deposits. 269 Total views 2 Total shares South Korean regulator, the Financial Services Commission (FSC), published a notice highlighting that by July 2024, investors in digital assets must receive interest when depositing their funds into an exchange.