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Showing posts from April, 2022

Ice Cube’s Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs

https://motleybloggers.com/wp-content/uploads/2022/05/ice-cubes-big3-professional-basketball-league-sells-team-to-a-dao-for-25-nfts.jpg Decentralized autonomous organizations (DAOs) have been acquiring high ticket items over the last 12 months and on April 28, the Degods DAO revealed it acquired a Big3 professional basketball team called the “Killer 3s.” The Big3 professional basketball league was founded by the American rapper Ice Cube and Big3 decided to sell the rights tied to the team by leveraging non-fungible token (NFT) assets. Big3 Team the Killer 3s Sold for 25 NFTs According to reports , a decentralized autonomous organization built on the Solana network called Degods DAO has purchased a Big3 professional basketball team. Big3 is a basketball league crafted by the hip-hop mogul and actor Ice Cube and the league’s games are based on a 3-on-3 basketball tournament style. Recently, the Big3 decided to sell the rights to a team called the “Killer 3s” ...

Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours

https://motleybloggers.com/wp-content/uploads/2022/05/idaho-warns-of-crypto-scams-promising-80-returns-every-24-hours.jpg The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promising returns as high as 80% every 24 hours with no risks to investors. Crypto Scams Promising High Returns The Idaho Department of Finance announced Wednesday “a series of fraudulent cryptocurrency schemes seen recently targeting Idaho investors.” The regulator detailed: The companies purport to provide high returns with no risks to the investor. These fraudulent schemes are operating under the names and websites of Crypto FX Direct, Shield Investors Ltd., Quartz FX Trade, and Finvest Trading. At the time of writing, some of the schemes’ websites are already offline. The regulator added: These websites make outrageous, demonstrably false statements and claims such as guaranteed returns on investment as high as 65% – 80% every 24 hour...

JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says ‘Not All of It Is Bad’

https://motleybloggers.com/wp-content/uploads/2022/05/jpmorgan-ceo-jamie-dimon-skeptical-of-crypto-but-says-not-all-of-it-is-bad.jpg Jamie Dimon, the CEO of JPMorgan Chase, says that he does not particularly like crypto but will defend your right to invest in it. However, he sees benefits in some aspects of digital currency. JPMorgan’s Jamie Dimon on Crypto, Digital Currency JPMorgan Chase CEO Jamie Dimon talked about cryptocurrency in an interview with KMTV 3 News Now in Omaha Friday ahead of the Berkshire Hathaway annual shareholders meeting this weekend. Commenting on cryptocurrency, including bitcoin, the JPMorgan boss said: I always say I don’t particularly like it. I defend your right to do it. I’d say be very, very careful how much money you put into it. However, Dimon sees benefits in some aspects of crypto, such as its technology, admitting that the banking industry has its inefficiencies. The executive opined: Not all of it is bad. If you said to me ‘I ...

Bitcoin & Cardano Holders…It’s Your Time To Shine!

http://img.youtube.com/vi/pbK6uxp3Uko/0.jpg https://www.youtube.com/watch?v=pbK6uxp3Uko #shorts ⬇How To Stake Your Cardano In Minutes With Crypto Capital Venture!⬇ Stake Your ADA With Ticker: CCV1 ➡ https://youtu.be/cikJiJgRZFQ ⚡ Follow Dan On Twitter ⚡ http://twitter.com/cryptorecruitr Crypto Capital Venture New - Cycles of Bitcoin - https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative ☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰ *Crypto Capital Venture does not guarantee or make any representations or claims to any particular amount of staking rewards that you will earn through delegating your Cardano. Any return that the protocol disburses to you is decided by the protoco...

LBank Exchange Will Launch Innovation Zone for Better User Experience

https://motleybloggers.com/wp-content/uploads/2022/04/lbank-exchange-will-launch-innovation-zone-for-better-user-experience.jpg PRESS RELEASE. LBank Exchange is an innovative crypto assets trading platform with 6.4 million global users. Since the start of its journey, LBank Exchange has continuously expanded in the global market, serving users in over 210 countries and regions worldwide, with features including spot and grid trading, derivatives, finance, NFT marketplace, and many more. For better catering to users’ needs, LBank Exchange has strived to select better, more promising projects for listing and to classify them in a more orderly manner. To make user’s investment experience even smoother, LBank Exchange recently announced a brand new feature called Innovation Zone for spot trading projects, which will soon be launched on its platform. New projects with growing potential that are lesser-known compared to popular projects will be gathered in Innovation Zone, so that...

Binance Blocks Accounts Linked to Relatives of Senior Russian Officials

https://motleybloggers.com/wp-content/uploads/2022/04/binance-blocks-accounts-linked-to-relatives-of-senior-russian-officials.jpg Digital asset exchange Binance has blocked accounts tied to relatives of government officials in Moscow. Amid mounting international penalties over Russia’s invasion of Ukraine, the trading platform said it will continue to check for users associated with sanctioned individuals. Crypto Exchange Binance Bans Children of Top Russian Figures Binance, the world’s leading cryptocurrency exchange, has blocked several accounts linked to relatives of some high-ranking members of Russian President Vladimir Putin’s administration, Bloomberg reported. The move comes as sanctions continue to rain on Russia in response to its military assault on neighboring Ukraine. Among the users who have been denied access in the past two months since the Russian troops crossed the Ukrainian border are the stepdaughter of Foreign Minister Sergei Lavrov, Polina Kovalev...

World Bank Predicts 3% Gold Price Growth, Expert Says a $3K per Ounce ‘Is More Likely Than Not’

https://motleybloggers.com/wp-content/uploads/2022/04/world-bank-predicts-3-gold-price-growth-expert-says-a-3k-per-ounce-is-more-likely-than-not.jpg The World Bank has said it expects the price of gold to rise by 3% in 2022 but warned the price might fall sharply if the Russian central bank decides to offload large quantities of the commodity. The Russian Factor After the price of gold surged past the $2,000 mark in early March, a new World Bank report now predicts the commodity’s value will only grow by just 3% in 2022. The bank, however, said it expects prices of commodities like food — which have risen by 84% — and crude oil to stay elevated for much of 2022. While some gold supporters have predicted the price of the metal will likely hit a new all-time high, in its report, the World Bank is instead expecting a possible sharp price fall in 2023. The bank points to the possible offloading of large quantities of gold by Russia as one possible factor that will weigh do...

Cardano OPPORTUNITY ZONE & The Winning Approach To ADA ACCUMULATION.

http://img.youtube.com/vi/rb5dbvsQ_7U/0.jpg https://www.youtube.com/watch?v=rb5dbvsQ_7U ⬇How To Stake Your Cardano In Minutes With Crypto Capital Venture!⬇ Stake Your ADA With Ticker: CCV1 ➡ https://youtu.be/cikJiJgRZFQ Intro 00:00 January ADA price target still in play 00:45 ADA accumulation plan 2:30 Bitcoin context and Cardano data 3:20 My ADA buys 9:20 Cardano price has already been in a downtrend for over half a year. As Bitcoin and crypto markets continue to trade within an world of uncertainty, here is what I think is the best way to approach ada accumulation. ⚡ Follow Dan On Twitter ⚡ http://twitter.com/cryptorecruitr Crypto Capital Venture New - Cycles of Bitcoin - https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative ☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰...

Bitcoin, Ethereum Technical Analysis: Crypto Uncertainty Continues, as BTC Drops Again

https://motleybloggers.com/wp-content/uploads/2022/04/bitcoin-ethereum-technical-analysis-crypto-uncertainty-continues-as-btc-drops-again.jpg Crypto prices continued to seesaw on Friday, as both bitcoin and ethereum fell into the red, after a short lived rally on Thursday. Bitcoin was once again below $40,000 during the session, while ethereum extended its recent spell of trading below $3,000. Bitcoin Bitcoin (BTC) once again fell below the $40,000 level on Friday, following a short stint in the green during yesterday’s session. Following a peak of $40,269.47 on Thursday, BTC /USD fell to an intraday low of $38,698.16 earlier today. This comes as BTC was unable to climb above resistance of $40,500, as bullish momentum eased, which was likely a result of traders closing positions. Now that we are back in the red, the first thought would be for how long, with some likely to be targeting the $37,570 floor as a potential exit point. Looking at the chart, the 14-day RSI has also cha...

Biggest Movers: NEXO up Nearly 50% After Binance Listing, While TRON Climbs to 1-Week High

https://motleybloggers.com/wp-content/uploads/2022/04/biggest-movers-nexo-up-nearly-50-after-binance-listing-while-tron-climbs-to-1-week-high.jpg NEXO was up by nearly 50% on Friday, as markets reacted to the news that Binance was listing the token on its platform. Today’s surge sent NEXO to a multi-week high, while TRON also moved higher, hitting a one week peak. NEXO Two weeks after announcing a partnership with Mastercard to launch the world’s first “crypto-backed” payment card, NEXO today achieved another milestone. Binance confirmed that it will be adding the token to its platform, and this news was well received by markets. NEXO/USD rose by nearly 50% during today’s session, hitting an intraday high of $3.66 in the process. Friday’s surge comes less than 24-hours after prices were trading at $2.14, and as of writing are tracking at a record high. This recent peak comes following a three day rally which began at support of $2.10, with two long-t...

World Economic Forum Shares a Video About Changing Bitcoin’s Code to Proof-of-Stake

https://motleybloggers.com/wp-content/uploads/2022/04/world-economic-forum-shares-a-video-about-changing-bitcoins-code-to-proof-of-stake.jpg According to a World Economic Forum (WEF) tweet, a “change in the way bitcoin is coded could almost eliminate its environmental impact.” That statement stems from a tweet the WEF published on April 26, with an accompanying video that claims “miners could stake their own bitcoins to verify transactions.” WEF on Bitcoin’s Proof-of-Work: A ‘Basic Change in Coding” Could Eliminate ‘Most of the Network’s Energy Demands’ In recent times, there have been a lot of arguments about the energy consumption used by cryptocurrency miners and how it impacts the global environment. In recent times, politicians and regulators have been targeting the mining industry. Additionally, the environmental global campaigning network Greenpeace, with the help of Ripple Labs co-founder Chris Larsen, started a campai...

Central African Republic Has Adopted Bitcoin as Reference Currency — Office of the Presidency

https://motleybloggers.com/wp-content/uploads/2022/04/central-african-republic-has-adopted-bitcoin-as-reference-currency-office-of-the-presidency.jpg Following the confusion that surrounded initial reports, a senior staffer in the Central African Republic (CAR)’s presidency has now confirmed that bitcoin will become the country’s reference currency. First Country in Africa to Officially Adopt Bitcoin A press statement supposedly issued by the office of the Presidency of the Central African Republic (CAR) appeared to confirm reports by multiple media outlets suggesting that the bill passed by the National Assembly not only proposes to govern cryptocurrencies but recognizes bitcoin as a reference currency. In a statement posted on Facebook, Obed Namsio, the chief of staff, said President Faustin Archange Touadera’s government will support all necessary efforts that allow the country to “carry out this approach that places the Central Africa Republic on the map of ...

Famed Whistleblower Edward Snowden Reveals He Took Part in the Zcash Launch Ceremony

https://motleybloggers.com/wp-content/uploads/2022/04/famed-whistleblower-edward-snowden-reveals-he-took-part-in-the-zcash-launch-ceremony.jpg Edward Snowden, the well-known whistleblower and former computer intelligence consultant who exposed the Five Eyes Intelligence Alliance, has revealed he took part in the Zcash creation ceremony. Snowden says that during the creation ceremony he “participated” and leveraged the “pseudonym John Dobbertin.” Snowden Played the Role of ‘John Dobbertin’ During the Zcash Launch A recent video published by Zcash Media explains that Edward Snowden was one of the six people who helped launch Zcash on October 23, 2016. According to the video, the six individuals did not know who the other participants were holding the Zcash private keys and they utilized pseudonyms to avoid identification. Before the video was published it was known for years that the software developer Peter Todd participated in the ceremony as well. T...

Whale Watching: A Deep Dive Into the Portfolios of the World’s Largest Ethereum Whales

https://motleybloggers.com/wp-content/uploads/2022/04/whale-watching-a-deep-dive-into-the-portfolios-of-the-worlds-largest-ethereum-whales.jpg While there’s a number of bitcoin whales that often get caught by blockchain parsers and written about in media reports, ethereum whales get a lot less attention. According to statistics in 2022, there are a lot more ethereum whales than holders with large sums of bitcoin. In fact, while the top 100 richest bitcoin addresses control 14.08% of the circulating supply, the top 100 richest ethereum addresses hold 39.81% of all the ether today. Data Shows Ethereum Still Has a Large Concentration of Whales in 2022 Ethereum, the second-largest crypto asset in terms of market capitalization, has an overall USD valuation of around $348 billion. Ethereum’s market cap represents 18.3% of the $1.89 trillion crypto economy’s net value. While the leading crypto asset has been around for close to seven years, 100 addresses command 39.81% of t...

CARDANO TO $1 TRILLION…DO NOT FORGET WHAT IS POSSIBLE FOR ADA PRICE!

http://img.youtube.com/vi/jLhaFZsGvFk/0.jpg https://www.youtube.com/watch?v=jLhaFZsGvFk ⬇How To Stake Your Cardano In Minutes With Crypto Capital Venture!⬇ Stake Your ADA With Ticker: CCV1 ➡ https://youtu.be/cikJiJgRZFQ Intro 00:00 Bitcoin bear markets for reference 1:30 ADA price in December 2018 4:00 Cardano blockchain is here to stay 4:30 Cardano will be a $1 trillion marketcap blockchain 5:40 Why I am so bullish on Cardano 6:30 3,000% gains for ADA on macro charts? 7:50 Cardano blockchain fundamentals continue to become stronger and stronger as ADA price falls. It is my thought that ADA is extremely undervalued when weighed against the crypto space in general, especially in the long term. Can ADA reach $1 trillion market cap? I absolutely think so, and it's because Cardano is built differently. ⚡ Follow Dan On Twitter ⚡ http://twitter.com/cryptorecruitr Crypto Capital Venture New - Cycles of Bitcoin - https://www.tradingview.com/chart/BLX/IzGnRABO-Th...

Deutsche Bank Predicts Major US Recession Next Year

https://motleybloggers.com/wp-content/uploads/2022/04/deutsche-bank-predicts-major-us-recession-next-year.jpg Deutsche Bank’s economists have warned that the U.S. will suffer a major recession next year. However, several other major investment banks, including Goldman Sachs and JPMorgan, are less pessimistic about the future outlook for the U.S. economy. Major US Recession Incoming, According to Deutsche Bank’s Economists Deutsche Bank has predicted a deeper downturn than its previous forecast for the U.S. economy in a report to clients, published Tuesday. The bank’s economists, including David Folkerts-Landau, group chief economist and head of research, explained in the report why the coming recession will be worse than expected. They described: We will get a major recession, but our strongly held view is that the sooner and the more aggressively the Fed acts, the less longer-term damage to the economy there will be. The report explains that it will take a long time b...

Nepal Shuts Down Crypto Websites, Apps — Warns About Engaging in Crypto Activities

https://motleybloggers.com/wp-content/uploads/2022/04/nepal-shuts-down-crypto-websites-apps-warns-about-engaging-in-crypto-activities.jpg The Nepal Telecommunications Authority has issued a warning that crypto activities are illegal. The regulator emphasized that websites, apps, and online networks related to crypto activities are prohibited to be used, operated, or managed within the country. Nepalese Regulator’s Crypto Warning Nepal’s regulator of the technology sector, the Nepal Telecommunications Authority (NTA), issued a notice Monday warning the public about engaging in illegal activities, specifically naming cryptocurrency, bitcoin, and online gambling. Noting that transactions using digital technologies, such as cryptocurrency, have been on the rise in Nepal, the NTA stressed that websites, apps, and online networks related to crypto activities are prohibited to be used, operated, or managed within the country. The regulator proceeded to warn the public that activiti...

Report: Cambodia Reaffirms Stance Against Unsanctioned Crypto-Related Activities

https://motleybloggers.com/wp-content/uploads/2022/04/report-cambodia-reaffirms-stance-against-unsanctioned-crypto-related-activities.jpg Cambodian authorities have reportedly said that no cryptocurrency company has been issued a business license yet, and that conducting cryptocurrency-related activities in the country is still illegal. Fintech Industry Growing Rapidly The Cambodian government has not greenlighted the issuing or use of any cryptocurrency in the country, a report has said. The report, which cites a document recently released by the Ministry of Finance and Economics, said it is still illegal to create, distribute, or trade cryptocurrencies in Cambodia. According to a China News Service report , while the ministry does concede that the fintech industry is growing rapidly, it nonetheless reiterated that the long-standing ban on crypto trading remains in force. As previously reported by MotleyBloggers.com News, Cambodian authorities announced in 2018 that the circulation o...

GET YOUR BITCOIN BUNKER READY IF STOCK MARKET FALLS (Shocking BTC Targets…)

http://img.youtube.com/vi/Rzd1WBIruJQ/0.jpg https://www.youtube.com/watch?v=Rzd1WBIruJQ Intro 00:00 Being realistic about bitcoin and crypto 00:40 Stock market bear market 2:00 S&P 500 Index weekly 3:30 Bitcoin price in macro downtrend 5:00 It's OK to be bullish on Bitcoin while preparing for downside 11:00 Bitcoin continues to consolidate, but is currently testing very critical support areas on the macro chart. It's a very simple thing to explore the relation of btc price to traditional markets and compare historical data from previous market crashes. In this video we analyze btc price as it has interacted with the stock market in the past and conclude what is possible if Bitcoin crashes along with stock market. Stock market crash - https://www.cnn.com/2022/04/25/investing/bear-market-stocks-morgan-stanley/index.html ⚡ Follow Dan On Twitter ⚡ http://twitter.com/cryptorecruitr Crypto Capital Venture New - Cycles of Bitcoin - https://www.tradingview.com/chart/BLX/IzGnRABO...

Argentinian Tax Agency Supports Creation of Global Crypto Report System to Avoid Evasion

https://motleybloggers.com/wp-content/uploads/2022/04/argentinian-tax-agency-supports-creation-of-global-crypto-report-system-to-avoid-evasion.jpg The AFIP, the Argentinian tax agency, is supporting the creation of a centralized system that serves as a registry for cryptocurrency holders. According to statements from its head, this would make it easier for tax agencies all over the world to curb evasion. The organization has already made use of financial information to collect taxes from Argentinian users with bank accounts abroad. Argentinian Tax Agency Backs Crypto Holder Registry Creation The AFIP, which is the Argentinian national tax collecting agency, wants to advance its efficiency in the collection of crypto-related taxes. In this sense, the organization has voiced its public support for creating a cryptocurrency holder registry, by making changes to include the digital assets in the current automatic exchange data system operated by the Organization for Economic Co-operation a...

Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability

https://motleybloggers.com/wp-content/uploads/2022/04/bank-of-spain-report-warns-about-cryptocurrency-usage-and-its-effect-on-financial-stability.jpg The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that these assets — which ostensibly don’t have any kind of support behind them — can introduce systemic risks via their adoption by traditional institutions and the lack of regulation over them. Crypto Assets Could Cause Systemic Risks According to the Bank of Spain The Bank of Spain has issued a new report where it warns about the growth of the cryptocurrency economy and its possible effects on the traditional economic system. According to the report, while the cryptocurrency market is still considered limited, its exponential growth and the fact that most of the value of the market comes from c...

L2 Scaling Startup Optimism Reveals Governance Collective, Native Token, and ‘Many Airdrops’

https://motleybloggers.com/wp-content/uploads/2022/04/l2-scaling-startup-optimism-reveals-governance-collective-native-token-and-many-airdrops.jpg The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism Foundation. In addition to the governance collective, the plan is to launch a token called “OP” that aims to “govern protocol upgrades and project incentives.” Ethereum Scaling Project to Launch the Optimism Collective System On Tuesday, Optimism announced the launch of a governance system called the Optimism Collective. Optimism is an L2 scaling solution that leverages zk rollups so users can quickly transact with Ethereum in a cost-effective fashion. The collective has been launched by the newly created Optimism Foundation and will be “governed co-equally by two houses,” the team’s blog po...

Permission․io Is Migrating to Polygon Network to Globally Scale Web3 Advertising

https://motleybloggers.com/wp-content/uploads/2022/04/permissione280a4io-is-migrating-to-polygon-network-to-globally-scale-web3-advertising.jpg PRESS RELEASE. San Diego, CALIF. – April 26, 2022 – Permission.io , the leading provider of permission-based Web3 advertising, today announced it’s migrating away from its own proprietary blockchain to Polygon, the world’s preeminent Ethereum scaling solution with more than 100 million unique users. The migration is the company’s first in a series of steps designed to make the $ASK token accessible and interoperable with all major protocols. The move will allow Permission’s crypto-rewarded advertising platform to achieve vast scalability due to Polygon’s lightning-fast speeds and low transaction costs. Polygon’s infrastructure solutions will be core to decentralizing and growing Permission’s platform, which enables advertisers to run global campaigns on the open web in an efficient, cost-eff...