The Apecoin(APE) price showcase a bearish fallout of the ascending triangle in the 4-hour chart, resulting in the $13.5 breakdown. The bearish trend continues in a descending channel pattern and risks the $11.5 mark fallout.
Over the past few years, the internet has changed dramatically. We’ve gone from Web 1.0 to 2.0, and now we’re on the cusp of 3.0. This is an era where the internet has truly transformed into something new and amazing. So what is web 3.0? What does it mean for the future of the internet? Read on to find out!
Tel Aviv, Israel, 5th April, 2022, Chainwire The creators of the popular WebComic “One of Those Days” are venturing into the world of non-fungible tokens. The XOXO collection will launch shortly and aims to break the rules of how NFT collections have worked until today. The popular WebComic “One...
MicroStrategy’s CEO Michael Saylor believes an increase in inflation will weaken the global currencies and will lead to the adoption of digital assets such as Bitcoin and other cryptocurrencies. The surge in food and oil prices will impact the economy and public debt as governments adopt subsidies and tax breaks. Bitcoin evangelist Michael Saylor has recommended bitcoin as an inflation hedge and a store of value to investors, economists, and financial institutions.
On Monday (April 4), JPMorgan Chase Chairman and CEO Jamie Dimon talked about blockchain technology and decentralized finance (DeFi) in his company’s latest annual Letter to Shareholders. In section “Investments and Acquisitions: Determining the Best Use of Capital and Assessing ROIs” of this report, he stated: “We now process payments for eight of...
A subsidiary of South Korean internet and technology giant Kakao has acquired a majority share in a Japanese cryptocurrency exchange, paving the way for the company to integrate its web-based cartoon content with its crypto services. Kakao Piccoma, a subsidiary of Kakao in Japan, has bought more than 50% of the Japanese cryptocurrency exchange Sakura Exchange Bitcoin (SEBC). Kakao and SEBC made no mention of the actual extent of the shareholding or the deal’s worth. SEBC was founded in May 2017 and...
Member of Parliament in the Rajya Sabha and Indian politician, Sushil Kumar Modi has presented a proposition that taxes on cryptocurrencies should be raised from the current 30% to 50%.
Terra’s parent entity Luna Foundation Guard (LFG) has been on a massive Bitcoin acquisition spree to peg BTC to its stablecoin UST. Terraform Labs founder Do Kwon recently said that he’s even willing to become the second-largest Bitcoin holder after Satoshi Nakamoto. However, many people are raising concerns over future liquidity amid this heavy accumulation by a single entity. Addressing these concerns, Do Kwon said that Bitcoin is “liquid” enough to handle any potential de-pegging of its UST stablecoin. During...
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