⚡️Forbes included nine crypto projects in the top 50 list of innovative companies of the year
💰Forbes magazine has published its Fintech 50 ranking, which includes the most innovative private companies in the field of financial technologies of 2022. The list includes nine crypto projects at once, raising a total of $6,5 billion in venture capital investments.
https://getblock.net/en/news/forbes-included-nine-crypto-projects-in-the-top-50-list-of-innovative-companies-of-the-year
💰Forbes magazine has published its Fintech 50 ranking, which includes the most innovative private companies in the field of financial technologies of 2022. The list includes nine crypto projects at once, raising a total of $6,5 billion in venture capital investments.
https://getblock.net/en/news/forbes-included-nine-crypto-projects-in-the-top-50-list-of-innovative-companies-of-the-year
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📉Analyst predicted a 40% drop in the price of BNB amid the SEC’s investigation
💡Cointelegraph analyst Yashu Gola reported that the rate of the native token of the Binance cryptocurrency exchange (BNB) may fall 25-40% in 2022 amid the SEC’s investigation. The regulator launched an investigation into whether the token was a security in the 2017 initial public offering (ICO). The price of BNB may also be adversely affected by a Reuters journalist’s investigation, which found that over $2,35 billion had been laundered through the exchange by attackers since Binance’s inception.
https://getblock.net/en/news/analyst-predicted-a-40-drop-in-the-price-of-bnb-amid-the-secs-investigation
💡Cointelegraph analyst Yashu Gola reported that the rate of the native token of the Binance cryptocurrency exchange (BNB) may fall 25-40% in 2022 amid the SEC’s investigation. The regulator launched an investigation into whether the token was a security in the 2017 initial public offering (ICO). The price of BNB may also be adversely affected by a Reuters journalist’s investigation, which found that over $2,35 billion had been laundered through the exchange by attackers since Binance’s inception.
https://getblock.net/en/news/analyst-predicted-a-40-drop-in-the-price-of-bnb-amid-the-secs-investigation
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📈Metaverse token prices increased by an average of 395% over the year
🎮Metaverse and cryptocurrency exchange tokens have become the only digital asset types whose prices increased over the year, despite the overall market decline. This is evidenced by the data of a report by analysts at Kraken Intelligence, a division of crypto exchange Kraken. In this, the growth in the value of metaverse assets averaged 395%, which significantly exceeds the indicators of exchanges’ tokens at 6%.
https://getblock.net/en/news/metaverse-token-prices-increased-by-an-average-of-395-over-the-year
🎮Metaverse and cryptocurrency exchange tokens have become the only digital asset types whose prices increased over the year, despite the overall market decline. This is evidenced by the data of a report by analysts at Kraken Intelligence, a division of crypto exchange Kraken. In this, the growth in the value of metaverse assets averaged 395%, which significantly exceeds the indicators of exchanges’ tokens at 6%.
https://getblock.net/en/news/metaverse-token-prices-increased-by-an-average-of-395-over-the-year
👤Anonymous Twitter user promised to expose crypto influencers
🔍A Twitter user nicknamed adyingnobody (ADN) claims to have used a vulnerability in the Telegram messenger to secretly collect information in the private chats of cryptocurrency bloggers. He said he collected 137,21GB of data on fraud, financial fraud, as well as sexual offenses, and incidents of racism and homophobia.
https://getblock.net/en/news/anonymous-twitter-user-promised-to-expose-crypto-influencers
🔍A Twitter user nicknamed adyingnobody (ADN) claims to have used a vulnerability in the Telegram messenger to secretly collect information in the private chats of cryptocurrency bloggers. He said he collected 137,21GB of data on fraud, financial fraud, as well as sexual offenses, and incidents of racism and homophobia.
https://getblock.net/en/news/anonymous-twitter-user-promised-to-expose-crypto-influencers
💰Solana set up fund to invest in South Korean crypto startups
📢Blockchain platform Solana has announced a $100 million fund to invest in Web 3.0 startups from South Korea. The funds were provided by two organizations, Solana Ventures and Solana Foundation. This is reported by The Block.
https://getblock.net/en/news/solana-set-up-fund-to-invest-in-south-korean-crypto-startups/
📢Blockchain platform Solana has announced a $100 million fund to invest in Web 3.0 startups from South Korea. The funds were provided by two organizations, Solana Ventures and Solana Foundation. This is reported by The Block.
https://getblock.net/en/news/solana-set-up-fund-to-invest-in-south-korean-crypto-startups/
🌴Oracle reported on the growing role of metaverses in the field of tourism
📃Analytics company Oracle has published a report on travelers’ preferences when choosing and booking a hotel. According to the document, more and more tourists want to check out hotels in metaverses and choose the list of services they need online.
https://getblock.net/en/news/oracle-reported-on-the-growing-role-of-metaverses-in-the-field-of-tourism/
📃Analytics company Oracle has published a report on travelers’ preferences when choosing and booking a hotel. According to the document, more and more tourists want to check out hotels in metaverses and choose the list of services they need online.
https://getblock.net/en/news/oracle-reported-on-the-growing-role-of-metaverses-in-the-field-of-tourism/
🚀Chainlink to launch staking feature in the second half of 2022
📢The Chainlink (LINK) oracle network has announced the launch of a staking feature in the second half of 2022. According to the developers, staking “aims to bring a new layer of cryptoeconomic security.” The project’s developers have also released a new roadmap for Chainlink 2.0.
https://getblock.net/en/news/chainlink-to-launch-staking-feature-in-the-second-half-of-2022
📢The Chainlink (LINK) oracle network has announced the launch of a staking feature in the second half of 2022. According to the developers, staking “aims to bring a new layer of cryptoeconomic security.” The project’s developers have also released a new roadmap for Chainlink 2.0.
https://getblock.net/en/news/chainlink-to-launch-staking-feature-in-the-second-half-of-2022
💸Osmosis network lost $5 million due to bug in its liquidity pool
🚫On June 8, the Osmosis network was suspended by developers and validators after a liquidity pool exploit. One of the users deposited funds into the pool and then immediately withdrew them, however, because of the bug, the sum of assets increased by 50%. The developers reported that the vulnerability was detected and fixed.
https://getblock.net/en/news/osmosis-network-lost-5-million-due-to-bug-in-its-liquidity-pool
🚫On June 8, the Osmosis network was suspended by developers and validators after a liquidity pool exploit. One of the users deposited funds into the pool and then immediately withdrew them, however, because of the bug, the sum of assets increased by 50%. The developers reported that the vulnerability was detected and fixed.
https://getblock.net/en/news/osmosis-network-lost-5-million-due-to-bug-in-its-liquidity-pool
📊How to trade the LUNA token in the current situation. Analyst’s view
🔮Michaël van de Poppe gave a prediction on the rate of the native token of the Terra blockchain ecosystem
https://getblock.net/en/news/how-to-trade-the-luna-token-in-the-current-situation-analysts-view
🔮Michaël van de Poppe gave a prediction on the rate of the native token of the Terra blockchain ecosystem
https://getblock.net/en/news/how-to-trade-the-luna-token-in-the-current-situation-analysts-view
💥 Cryptocurrency rate dynamics 09.06.2022💥
Almost all crypto-assets that are in the top 10 by market capitalization are in the "red zone" today:
⬆️ The biggest gain overnight was shown by - Polkadot: +0.7%;
⬇️ Avalanche showed the biggest drop overnight: -0.9%.
🔴 BTC - $ 30,339.28 (-0.7%)
🔴 ETH - $ 1,800.52 (-0.6%)
🔴 BNB - $ 288.22 (-0.6%)
🟢 ADA - $ 0.645050 (+0.3%)
🟢 XRP - $ 0.403101 (+0.6%)
🔴 SOL - $ 39.09 (-0.5%)
🟢 DOGE - $ 0.081254 (+0.3%)
🟢 DOT - $ 9.21 (+0.7%)
🟢 TRX - $ 0.081048 (+0.1%)
🔴 AVAX - $24.24 (-0.9%)
Almost all crypto-assets that are in the top 10 by market capitalization are in the "red zone" today:
⬆️ The biggest gain overnight was shown by - Polkadot: +0.7%;
⬇️ Avalanche showed the biggest drop overnight: -0.9%.
🔴 BTC - $ 30,339.28 (-0.7%)
🔴 ETH - $ 1,800.52 (-0.6%)
🔴 BNB - $ 288.22 (-0.6%)
🟢 ADA - $ 0.645050 (+0.3%)
🟢 XRP - $ 0.403101 (+0.6%)
🔴 SOL - $ 39.09 (-0.5%)
🟢 DOGE - $ 0.081254 (+0.3%)
🟢 DOT - $ 9.21 (+0.7%)
🟢 TRX - $ 0.081048 (+0.1%)
🔴 AVAX - $24.24 (-0.9%)
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🇩🇪DAO brewery to be opened in Munich
🍺The first brewery in the format of a decentralized autonomous organization (DAO) will be opened in Munich, a German startup has been called MetaBrewSociety (MBS). The founders of the project plan to issue shares of the company in the form of NFTs. Holders of the non-fungible tokens will be able to participate in making business decisions, and will also be ennoscriptd to 100 free cans of beer a year, invitations to exclusive events, discounts on products, and other bonuses.
https://getblock.net/en/news/dao-brewery-to-be-opened-in-munich
🍺The first brewery in the format of a decentralized autonomous organization (DAO) will be opened in Munich, a German startup has been called MetaBrewSociety (MBS). The founders of the project plan to issue shares of the company in the form of NFTs. Holders of the non-fungible tokens will be able to participate in making business decisions, and will also be ennoscriptd to 100 free cans of beer a year, invitations to exclusive events, discounts on products, and other bonuses.
https://getblock.net/en/news/dao-brewery-to-be-opened-in-munich
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Bitcoin
The sideways market is nearing its climax. The range in which the bitcoin rate is locked is getting narrower. And momentum price moves between key support and resistance levels are becoming more frequent. It is only a matter of time before another momentum emerges to take the cryptocurrency rate out of its current sideways market.
Attention should also be paid to the S&P 500 dynamics, as bitcoin remains highly correlated with the index.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
https://getblock.net/en/market-analysis/btc-review-dated-09062022
#BTC #Analytics
The sideways market is nearing its climax. The range in which the bitcoin rate is locked is getting narrower. And momentum price moves between key support and resistance levels are becoming more frequent. It is only a matter of time before another momentum emerges to take the cryptocurrency rate out of its current sideways market.
Attention should also be paid to the S&P 500 dynamics, as bitcoin remains highly correlated with the index.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
https://getblock.net/en/market-analysis/btc-review-dated-09062022
#BTC #Analytics
🇺🇸New York regulator issued guidance on the issue of dollar-backed stablecoins
📝The New York Department of Financial Services (DFS) has issued guidance on the issuance of stablecoins pegged to the US dollar. The document includes requirements for reserves that back stablecoins as well as the ability of their redemption. Additionally, according to the guidance, DFS will be able to ban or restrict the issuance of one or another stablecoin at any time.
https://getblock.net/en/news/new-york-regulator-issued-guidance-on-the-issue-of-dollar-backed-stablecoins
📝The New York Department of Financial Services (DFS) has issued guidance on the issuance of stablecoins pegged to the US dollar. The document includes requirements for reserves that back stablecoins as well as the ability of their redemption. Additionally, according to the guidance, DFS will be able to ban or restrict the issuance of one or another stablecoin at any time.
https://getblock.net/en/news/new-york-regulator-issued-guidance-on-the-issue-of-dollar-backed-stablecoins
🌐Ethereum developers reported successful testnet migration to PoS
📢On June 8, the merger of blockchains on the Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus algorithms in the Ropsten test network was successfully completed in preparation for the release of Ethereum 2.0. This was reported on Twitter by the operator of the Ethermine mining pool, Bitfly. This was a “dress rehearsal” before Ethereum migrates to PoS on the mainnet, which is scheduled for August 2022.
https://getblock.net/en/news/ethereum-developers-reported-successful-testnet-migration-to-pos
📢On June 8, the merger of blockchains on the Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus algorithms in the Ropsten test network was successfully completed in preparation for the release of Ethereum 2.0. This was reported on Twitter by the operator of the Ethermine mining pool, Bitfly. This was a “dress rehearsal” before Ethereum migrates to PoS on the mainnet, which is scheduled for August 2022.
https://getblock.net/en/news/ethereum-developers-reported-successful-testnet-migration-to-pos
😱Optimism Foundation lost access to 20 million OP tokens
💻The Optimism Foundation has confirmed that 20 million OP tokens were sent to the address to which access had been lost. The tokens were initially supposed to go to the wallet of Wintermute, a liquidity partner. However, Wintermute provided an address for an Ethereum (L1) multisig that had not yet been deployed to Optimism (L2). An unknown hacker managed to deploy the multisig to L2 with different parameters and take control of the transferred tokens. 1 million OP has already been sold from the address.
https://getblock.net/en/news/optimism-foundation-lost-access-to-20-million-op-tokens
💻The Optimism Foundation has confirmed that 20 million OP tokens were sent to the address to which access had been lost. The tokens were initially supposed to go to the wallet of Wintermute, a liquidity partner. However, Wintermute provided an address for an Ethereum (L1) multisig that had not yet been deployed to Optimism (L2). An unknown hacker managed to deploy the multisig to L2 with different parameters and take control of the transferred tokens. 1 million OP has already been sold from the address.
https://getblock.net/en/news/optimism-foundation-lost-access-to-20-million-op-tokens
📊Survey: 75% of US retailers plan to accept crypto payments within two years
✅According to a survey by consultancy Deloitte, 75% of US retailers plan to start accepting payments in cryptocurrencies or stablecoins within the next two years. It also found that more than half of large retailers with annual revenues of more than $500 million are spending about $1 million to build the necessary infrastructure for this. More than 60% of retailers said they would allocate more than $500 000 over the next 12 months to implementing crypto payments.
https://getblock.net/en/news/survey-75-of-us-retailers-plan-to-accept-crypto-payments-within-two-years
✅According to a survey by consultancy Deloitte, 75% of US retailers plan to start accepting payments in cryptocurrencies or stablecoins within the next two years. It also found that more than half of large retailers with annual revenues of more than $500 million are spending about $1 million to build the necessary infrastructure for this. More than 60% of retailers said they would allocate more than $500 000 over the next 12 months to implementing crypto payments.
https://getblock.net/en/news/survey-75-of-us-retailers-plan-to-accept-crypto-payments-within-two-years
💰30% of billionaires invested in cryptocurrencies
📊Forbes magazine surveyed 65 of the world’s richest people and found that almost 30% of billionaires directly or indirectly invest in cryptocurrencies. This figure is higher than among people with less wealth. Thus, according to NBC News in March, only 20% of Americans invested in the field of digital assets.
https://getblock.net/en/news/30-of-billionaires-invested-in-cryptocurrencies
📊Forbes magazine surveyed 65 of the world’s richest people and found that almost 30% of billionaires directly or indirectly invest in cryptocurrencies. This figure is higher than among people with less wealth. Thus, according to NBC News in March, only 20% of Americans invested in the field of digital assets.
https://getblock.net/en/news/30-of-billionaires-invested-in-cryptocurrencies
🇯🇲Jamaica became the first in the world to legalize CBDC
🏦The Bank of Jamaica has recognized central bank digital currency (CBDC) Jam-Dex as legal tender. Once launched by the end of June, the asset will be used on a par with fiat currency. Jamaica has become the first country in the world to legalize CBDC. This is reported by Blockworks.
https://getblock.net/en/news/jamaica-became-the-first-in-the-world-to-legalize-cbdc
🏦The Bank of Jamaica has recognized central bank digital currency (CBDC) Jam-Dex as legal tender. Once launched by the end of June, the asset will be used on a par with fiat currency. Jamaica has become the first country in the world to legalize CBDC. This is reported by Blockworks.
https://getblock.net/en/news/jamaica-became-the-first-in-the-world-to-legalize-cbdc
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💥 Cryptocurrency price dynamics 10.06.2022💥
Most crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Solana showed the biggest gain overnight: +3.7%;
⬇️ Cardano showed the biggest drop over the day: -2.4%.
🔴 BTC - $ 30,134.83 (-0.7%)
🔴 ETH - $ 1,794.38 (-0.3%)
🟢 BNB - $ 292.28 (+1.3%)
🔴 ADA - $ 0.629636 (-2.4%)
🟢 XRP - $ 0.407189 (+1.0%)
🟢 SOL - $ 40.57 (+3.7%)
🔴 DOGE - $ 0.0794135 (-2.0%)
🟢 DOT - $ 9.30 (+0.8%)
🟢 TRX - $ 0.0813398 (+0.2%)
🟢 AVAX - $24.58 (+1.3%)
Most crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Solana showed the biggest gain overnight: +3.7%;
⬇️ Cardano showed the biggest drop over the day: -2.4%.
🔴 BTC - $ 30,134.83 (-0.7%)
🔴 ETH - $ 1,794.38 (-0.3%)
🟢 BNB - $ 292.28 (+1.3%)
🔴 ADA - $ 0.629636 (-2.4%)
🟢 XRP - $ 0.407189 (+1.0%)
🟢 SOL - $ 40.57 (+3.7%)
🔴 DOGE - $ 0.0794135 (-2.0%)
🟢 DOT - $ 9.30 (+0.8%)
🟢 TRX - $ 0.0813398 (+0.2%)
🟢 AVAX - $24.58 (+1.3%)
🤑Binance will give away 45 000 SHIB for free to new users
🚀Cryptocurrency exchange Binance has launched a new Learn & Stake promotion that will draw 45 000 Shiba Inu (SHIB) tokens among new users. To participate in the draw, new users need to complete an online course and answer questions in a quiz. Users who registered on the platform after 14:00 UTC on June 9 will be able to participate in the promotion.
https://getblock.net/en/news/binance-will-give-away-45-000-shib-for-free-to-new-users
🚀Cryptocurrency exchange Binance has launched a new Learn & Stake promotion that will draw 45 000 Shiba Inu (SHIB) tokens among new users. To participate in the draw, new users need to complete an online course and answer questions in a quiz. Users who registered on the platform after 14:00 UTC on June 9 will be able to participate in the promotion.
https://getblock.net/en/news/binance-will-give-away-45-000-shib-for-free-to-new-users
Bitcoin
A wedge is forming on the four-hour timeframe. This is indicated by a systematic narrowing of the trading range both above and below. Breakout from the wedge can occur either upwards or downwards. The realization of the figure will show who is dominating the market in the current situation: sellers or buyers.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
https://getblock.net/en/market-analysis/btc-review-dated-10062022
#BTC #Analytics
A wedge is forming on the four-hour timeframe. This is indicated by a systematic narrowing of the trading range both above and below. Breakout from the wedge can occur either upwards or downwards. The realization of the figure will show who is dominating the market in the current situation: sellers or buyers.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
https://getblock.net/en/market-analysis/btc-review-dated-10062022
#BTC #Analytics