Crypto news

After dropping over $4K in just a day, the bitcoin price now faces a critical support level. Technical Analysis After failing to close a daily candle above $48K on January 4 (Tuesday), and following the global markets plunge, the BTC price dropped to $42.5K on Bitstamp. Over the past hours, bitcoin has been trading in the range of $42-43.5K. The $40-42K zone has been a reliable support level for the recent weeks, and so far, BTC has maintained this range. All in all, the low...

The electronics giant Samsung introduced a new feature allowing clients to virtually attend quests or live music events. The company’s new metaverse experience is called Samsung 837X and is modeled on the physical flagship location in New York. Samsung Joins The Metaverse League In a January 6 announcement, the Korean firm described the feature as an “immersive world that can be explored virtually.” Samsung 837X is an “experiential playground for people to discover the...

Thomas Peterffy was once a bitcoin skeptic. Now, he has changed his mind, suggesting the cryptocurrency has come much farther than he – and several others – ever could have imagined. Thomas Peterffy Seems to Like BTC Bitcoin began its financial journey about 13 or 14 years ago. The asset was first brought to our attention through a 2008 whitepaper and the currency was first mined in early 2009. Since then, while it had something of a slow start, the currency has risen in...

Nas – an American rapper and entrepreneur – is selling the rights to two of his songs through Royal, a crypto-based music startup. The platform creates a new way for music artists to profit from NFTs, as visual artists are beginning to do. ‘Extended NFTs’ Royal announced its partnership with Nas in a blog post on Thursday, marking its debut music drop. The first of the songs is “Ultra Black”, which was the lead single from the rapper’s Grammy award-winning album King’s...

The regulatory and surveillance environment is likely to become more stringent for crypto traders in Thailand. Crypto Profits to Attract 15% a Capital Gains Tax As per a report from the Bangkok Post, crypto profits will attract a 15% capital gains tax from the current year. The initiative will be applicable to digital asset investors and miners but will exclude exchanges. The capital gains tax is levied on the profits made by selling a non-inventory asset. The media report...

Abu Dhabi – the capital of the United Arab Emirates (UAE) – has stated that it is looking to become one of the biggest crypto hubs in the world. The region is looking to reduce its reliance on standard gas and oil while boosting its investments in the crypto space. Abu Dhabi and Crypto… A Solid Match? The UAE was one of the first nations to establish regulation for the growing crypto space, having done so in 2018. Since then, many new digital currency trading platforms...

Key Support level: $0.000029, $0.000023 Key Resistance level: $0.000034  There is one good thing about this latest crash in price: SHIB managed to avoid a lower low in price (compared to December 20th). For this reason, if SHIB holds at the current support of $0.000029, then maybe it has a chance to consolidate around the current level. The resistance is found at $0.000034. Chart by TradingViewTechnical Indicators Trading Volume: Despite an increase in volume during the crash...

In a bid to revolutionize its fan engagement, French esports organization Team Vitality announced that it has collaborated with popular blockchain project Tezos on a three-year partnership deal. Team Vitality Partners Tezos Announcing the development in a press release shared with CryptoPotato today, the partnership, which is considered the biggest since the inception of Team Vitality, will span from 2022 through 2024. Commenting on the news, Nicolas Maurer, CEO of Team...

[PRESS RELEASE – Singapore, Singapore, 5th January 2022] SYN CITY, the first-ever mafia metaverse, has selected Balancer’s user-friendly version, Copper Launch, to handle its upcoming token launch auction. SYN CITY is following in the footsteps of GuildFi and Merit Circle who both raised more than $100 million apiece during their respective token auctions on Copper Launch. SYN CITY’s launch is expected to be the biggest yet – from January 8th to 10th. Marco van den Heuvel,...

Die erste Woche des neuen Jahres nähert sich dem Ende. Und für den BTC lief der Start ins Jahr 2022 nicht zufriedenstellend. Zu Beginn der Woche stieg die Hashrate deutlich an, so dass viele Experten ein Kursplus erwarteten, doch letztlich ging es um weitere 10 Prozent im Wochenvergleich runter. Bitcoin News: Bitcoin mit schwachem Start ins neue JahrArcane Research sah einen Anstieg der Hashrate zum Jahresbeginn, der sogar das Allzeithoch aus Mai 2021 überstieg. Dieser Indikator ist...