Author: Donald Munn
Yesterday, the CEO of Meta (formerly Facebook), Mark Zuckerberg, announced that NFTs are coming to Instagram soon. He said this during a conversation with Shark Tank star Daymond John at the SXSW Conference. NFTs on Instagram Zuckerberg revealed that the company is working on a new feature whereby users will be able to view their and even mint them in the app. However, he did not add any further details, not even the possible release date. He only said that in the coming months, the ability to display NFTs will be added first, and then later on, the ability to…
Bitcoin Analysis Bitcoin’s price rose more than 5% on Tuesday as its price continues to be volatile despite being in a fairly narrow range. BTC’s price concluded Tuesday’s daily session +$1,939.9. The BTC/USD 4HR chart below from desmondlzw shows BTC’s price bumping up against the 38.20% fibonacci level [$39,507.16], at the time of writing. Bullish BTC market participants want to exceed the 38.20% fib level sooner than later, the probability of further downside increases the longer bullish traders are denied control of price action above $40k. The secondary target for bullish BTC traders is 1 [$42,960.19]. From the perspective of…
Twenty days have passed since that dreadful 24th of February 2022 and the Russian advance in Ukraine has cornered Kyiv. Crypto in aid of Ukraine’s war The Ukrainian capital and other important cities for the control of the country such as Kharkiv, Mariupol and Odessa are expecting the final assault any day now but Zelensky‘s army has not yet been beaten. A stoic civilian and military resistance is fighting to save the country against Moscow‘s army, which should have had an easy time of it if it were not for the courage of these people and considerable outside help. The…
Goldman Sachs is offering its interested clients the opportunity to invest in the Ethereum (ETH) fund managed by Galaxy Digital. This was revealed by the bank itself in a recent document filed with the SEC. Goldman Sachs welcomes investments in Ethereum The Goldman Sachs document explicitly mentions the Galaxy Institutional Ethereum Fund, which is a fund that allows people to gain exposure to the price of ETH without having to buy tokens directly. Galaxy Digital‘s fund is regulated, so it also allows those with stringent regulatory requirements to gain exposure, hence it is no coincidence that it was chosen by…
El Salvador is preparing to launch Bitcoin Bonds, which are government bonds backed by Bitcoin to create Bitcoin City. The launch is expected to take place between 15 and 20 March. El Salvador’s Bitcoin Bonds halted by war in Ukraine Unfortunately, the government of El Salvador’s plans have been slowed down by the war between Russia and Ukraine, which has obviously disrupted the initial projects. According to Reuters, which cites an interview with Finance Minister Alejandro Zelaya, some details are missing: “We believe that between March 15 and 20 is the right timing, we have the tools almost finished. But…
A recent report by Prime XBT reveals that the current trading opportunities in the crypto markets are very limited, due to the widespread risk aversion caused by the conflict between Russia and Ukraine. War in Russia increases crypto market risk Nevertheless, the start of economic and financial sanctions against Russia has led to a certain increase in capital inflows into the crypto markets. In fact, as of the day after sanctions were imposed on Russia, investment products in digital assets have seen inflows totaling $127 million. It seems that some investors are choosing digital assets perhaps to protect themselves from…
Yesterday, the Deputy Prime Minister and Minister of Digital Transformation of Ukraine, Mykhailo Fedorov, announced that the official website for cryptocurrency donations for Ukraine has been activated. Ukraine: Mykhailo Fedorov announces website for cryptocurrency donations Mykhailo Fedorov, Deputy Prime Minister and Minister of Digital Transformation of Ukraine, engaged Twitter users in his announcement: The official website where users from around the world can make crypto donations to Ukraine goes live: https://t.co/UJhiA1jBWc. It has never been so easy to support ! A beautiful joint initiative of our @mintsyfra in partnership with @everstake_pool and @FTX_Official. We win! — Mykhailo Fedorov (@FedorovMykhailo) March…
The Metaforum event, organized by Finlantern and in collaboration with cryptodailynews24.com as a strategic partner, will take place on 13 June in Lugano, in the Ticino canton of Switzerland. The event will last an entire day and will be held at the LAC museum in Lugano, facing the lake, a unique location to talk about crypto art, NFTs and more. The conference, in fact, in addition to addressing the topic of the metaverse, will also have panels and speeches dedicated to crypto, DeFi and blockchain. Among the confirmed speakers we can find: Alberto Maiorana of Sorare, David Princay of Binance, …
The UK’s Financial Conduct Authority (FCA) has declared that all Bitcoin and crypto ATMs are illegal because they would not have the right licence to operate in the country, and will therefore all be closed. UK: the FCA warns that Bitcoin and crypto ATMs are illegal According to a warning from the UK’s Financial Conduct Authority (FCA), it appears that all Bitcoin and crypto ATMs in the country do not have the right licence to operate and are therefore all considered illegal. Specifically, the FCA writes the following: “Crypto ATMs offering cryptoasset exchange services in the UK must be registered…
After a legal warning received from the giant Google, YouTube Vanced, one of the best apps for watching YouTube videos without any advertising interruption, closed down this week. Why YouTube Vanced closed down Vanced has always been on the verge of legality, precisely because of the possibility of free access to many YouTube services (which is owned by Google), including premium ones. But the final straw that broke the camel’s back is said to be linked to an NFT, according to initial rumours coming out of the Mountain View giant’s headquarters. The announcement of the service’s closure was made by…