Day: March 31, 2022

Ethereum Trims Gains, $3,200 Is The Key

Aayush Jindal

Ethereum started a fresh decline from the $3,450 resistance against the US Dollar. ETH price must stay above $3,200 to start a new upward move. Ethereum started a fresh decline from the $3,480 and $3,450 resistance levels. The price is now trading below $3,300 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $3,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it manages to stay above the $3,200 support…

Unite.io Partners With Taiwanese Entertainer A/DA to Launch Web3 Fan Ecosystem

Anthony B

SINGAPORE–(BUSINESS WIRE)–Leading creator-focused social token platform, Unite.io, announced its partnership with Taiwanese vlogger and musician A/DA in the first of many projects with content creators in the region. By launching his unique creator coin, $DADA, through the Unite.io platform, A/DA will provide fans with new forms of interactions and experiences on an ecosystem that is ready-built for Web3. Unlike traditional Web2 social platforms where creators have to contend with fractured fan bases and rigid content formats, Web3 opens up an array of new opportunities for creators looking to push the…

Bitcoin Breaks Key Support, Why BTC Could Extend Losses

Aayush Jindal

Bitcoin failed to stay above the $46,000 support against the US Dollar. BTC is sliding and might even test the $43,200 support zone. Bitcoin is down over 4% and there was a move below the $46,000 support. The price is trading below $45,500 and the 100 hourly simple moving average. There was a break below a key breakout pattern with support near $46,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend decline and test the $43,200 support zone in the near term.…

Bank of Japan official calls for G7 nations to adopt common crypto regulations

Tom Mitchelhill

A senior official from the Bank of Japan (BOJ) has warned G7 nations that a common framework for regulating digital currencies needs to be put in place as quickly as possible.  G7 refers to the Group of Seven, an inter-governmental political forum made up of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. The statement comes in response to the continued conflict between Russia and Ukraine, as cryptocurrencies and their potential applications for skirting economic sanctions falls under increasing scrutiny. The head of the BOJ’s payment…

X2Y2 Announce Their New Tokenomics Plans For Web3 Domination

Anthony B

The NFT marketplace X2Y2 has just announced that it will launch a brand new tokenomics model. After launching with an airdrop last month, X2Y2 will be ending its previous model that involved giving users rewards for listing NFTs. tokenomics. Credit: X2Y2 The new X2Y2 tokenomics model will involve trading rewards In short, X2Y2 is a fairly new NFT marketplace that launched hoping to break down OpenSea’s stranglehold on the Ethereum NFT market. Much like major OpenSea competitor LooksRare, X2Y2’s token airdrop and tokenomics were a central aspect of the platform.…

Tailwinds for South Korea’s Crypto Industry; Bitcoin, Ether Plunge

Anthony B

“Now, Europe is seeking new sources of natural gas to replace Russian imports, which account for 38% of the gas imported into the European Union. In addition to Qatar, European nations are talking with gas producers in Angola, Algeria, Libya and the U.S., according to officials in these countries.” (The Wall Street Journal) … “We are preparing a full exit from fossil energy coming from Russia, starting with oil – but without exporting our energy crisis to other countries. We need to think globally, invest in #RenewableEnergies worldwide & build…