Financial Advisors Want Spot Crypto ETFs But Suspect SEC Won’t Budge: Report
Zilliqa hanging off the ledge, a potential 50% crash below this level
admin2022-04-11T15:30:17+00:00Zilliqa price seems to be pulling a 180 after an impressive and exponential run-up over the past two weeks. This ascent seems to be getting undone by investors booking profits and due to the correlation with Bitcoin. This retracement is currently testing a crucial support level, a breakdown of which, could trigger a massive crash.
Zilliqa price faces make or break moment
Zilliqa price rallied a whopping 503% as it skyrocketed from $0.038 to $0.230 from 15 March 15 to 1 April....
Fortnite’s Epic Games Raises $2B in Metaverse Play
admin2022-04-11T14:59:24+00:00
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The raise puts the firm’s valuation at $31.5 billion.Epic Games Closes $2B Raise
Epic Games is going long on the Metaverse. The gaming company behind the battle royale hit Fortnite announced it had completed a $2 billion raise Monday, putting the firm’s post-money equity valuation at $31.5 billion. Sony and LEGO owner KIRKBI both invested $1 billion in the raise. Sony’s investment comes after it contributed $450 million in the firm’s July 2020 and April 2021 raises. In a Monday...
ZIL Correction Hits Major Technical Supports
admin2022-04-11T13:53:59+00:00The Zilliqa(ZIL) price coils up after a freefall to the $0.122 support. The coin price tags a confluence of major technical supports at this level, mounting a solid foothold for buyers. Can the renewed bullish momentum overcome the ongoing correction rally?
Key points
The ZIL price drop to the 0.618 Fibonacci retracement level The 100-day EMA is poised to cross above the 200-day EMA The intraday trading volume in the Zilliqa coin is $127.5 Billion, indicating a 138% gain. Source- Tradingview The ZIL/USDT pair witnessed...
Ethereum, ATOM, Tron, ETC Price Analysis: 11 April
admin2022-04-11T10:30:18+00:00Despite the recent selling spree, Ethereum bulls have held on to the $3,100 support whilst the king alt showed gradual improvements on its 4-hour RSI. Similarly, Cosmos buyers showed up in the $25-$26 range to stall its ongoing sell-off. On the other hand, Tron witnessed a death cross of its EMAs on the 4-hour timeframe while ETC fell below its Point of Control.
Ether (ETH)
Source: TradingView, ETH/USD During its slump phase, ETH lost the crucial $3,500-mark while the bears flipped this level...
Drift Looks Back on “First Day Out” of Jail With $6.8M NFT Drop
admin2022-04-11T09:59:06+00:00
Key Takeaways
Drift sold 10,351 NFTs for his "First Day Out" open edition drop over the weekend. He raised about $6.8 million, $1 million of which will go to The Bail Project. Open edition drops have become a popular format for NFT sales as they offer greater accessibility for fans.Share this article
Over $1 million of the proceeds from Drift’s sale will go to The Bail Project to support incarcerated Americans.Drift Looks Back on “First Day Out”
Drift had a big...
China Cracks Down On Illegal Bitcoin Miners; Seizes Over 3500 Rigs
admin2022-04-11T08:48:51+00:00China is known for being very vocal against the use of cryptocurrency and its mining. Once a Bitcoin mining powerhouse, the country is now cracking down on crypto by seizing equipment and raising electricity prices. Last year, the country announced a full-fledged crypto mining ban citing environmental reasons. Multiple provinces of China have reported the confiscation of over 3600 BTC mining rigs by the authorities.
China making it hard for illegal BTC miners
In a bid to impose a complete ban,...
One Bitcoiner Is Using Waste Heat From BTC Mining Hardware to Warm His Swimming Pool
admin2022-04-11T08:28:07+00:00One enterprising Bitcoin miner is using the energy produced by his mining hardware to heat his swimming pool. According to a report by Cointelegraph, Minnesota-based Bitcoin mining enthusiast Jonathan Yuan wanted a solution for his children’s love of swimming. Yuan said his kids were unable to use their...
Crypto Wallet Maker Ledger Partners With Ethereum-Powered Metaverse Sandbox ($SAND)
admin2022-04-11T06:48:23+00:00French crypto hardware wallet maker Ledger is partnering with Ethereum-powered play-to-earn (P2E) game The Sandbox to promote crypto education in the burgeoning metaverse. According to a report by Cointelegraph, Ian Rogers, Ledger’s chief experience officer, first announced the partnership at the Non-Fungible Conference last Monday (April 4). Rogers...
DeFi Yield Protocol (DYP) Announces Cats and Watches Society (CAWS) NFTs –
admin2022-04-11T06:18:39+00:00DeFi Yield Protocol (DYP) announces the imminent launch of its Cats and Watches Society (CAWS) NFT collection, due on April 13, 2022. This hotly anticipated event comes with luxurious prizes and promising new features propelling DYP into the industry’s spotlight. Considering its unique utility traits, some see DYP’s CAWS as the next Bored Ape Yacht Club (BAYC) with a similar impact in the market.