Bitcoin

Bitcoin Faces Rejection, Why BTC is Vulnerable Below $38K

Bitcoin failed to clear the $39,500 resistance zone against the US Dollar. BTC started a fresh decline and is showing bearish signs below $38,000. Bitcoin failed to gain strength above the $39,000 level and stayed below $40,000. The price is trading below $38,500 and the 100 hourly simple moving average. There was a break below a key rising channel with …

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Cointelegraph Magazine

Are DAOs the new corporate paradigm? – Cointelegraph Magazine

In 1602, the Dutch East India Company was formed in what many consider the world’s first initial public offering — allowing perfect strangers to share in stock ownership. Four centuries later, the joint-stock model — especially its incarnation as the modern business “corporation” — sets the pace for much of the economic world.But, decentralized autonomous organizations, or DAOs, could soon …

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El Salvador Proposes Offering Citizenship To Foreign Investors

Nayib Bukele, El Salvador’s Bitcoin-loving president has announced plans to offer citizenship to foreign investors. This move could invite more investment projects like this series of reforms is a step closer to strengthening and reinforcing the country’s economy. Bukele announced this news through Twitter on Sunday, his tweet stated: I’m sending 52 legal reforms to congress, to remove red tape, …

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FTX

Crypto Exchange FTX To Introduce Its Gaming Unit

We are launching FTX Gaming because we see games as an exciting use case for crypto. There are 2 billion+ gamers in the world who have played with and collected digital items, and can now also own them. The merging between crypto and gaming industries could provide digital tokens and NFTs to gamers with more ownership over the items …

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Cointelegraph Magazine

BlockFi settles with the SEC, Russia’s CBDC trials begin and Cointelegraph releases its 2022 top-100 list: Hodler’s Digest, Feb. 13-19

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week$1T opportunity: JPMorgan becomes first major bank in the metaverseUnited States banking giant JPMorgan Chase has taken …

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Ethereum

Ethereum Overcome Hurdles, Why 100 SMA Is The Key

Ethereum found support near $2,830 and recovered losses against the US Dollar. ETH price could continue to rise if it stays above the 100 hourly SMA. Ethereum started a decent recovery wave above the $2,900 resistance zone. The price is now trading above $3,000 and the 100 hourly simple moving average. There was a break above a major declining channel …

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Cointelegraph Magazine

Crypto innovators of color restricted by the rules aimed to protect them – Cointelegraph Magazine

Historically, Black and Brown communities have had restricted access to opportunities for generational-wealth building. Crypto offers a chance to redress that balance… but an opaque mess of laws and regulations around crypto services and a prohibition on certain wealth-generation opportunities are standing in the way of that happening. Controversial language in the United States’ recently enacted infrastructure bill may have unintentionally …

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