Bitcoin has fallen just 17% from ATH, which makes this correction the shallowest of the year so far. In previous bull market cycles, there has been a measurable correction before a rally at the end of the year — and if history rhymes, it could be on the cards again. We’ve certainly experienced the correction: […]
Category Archives: Law
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BTC price with stronger support, ready for December take off?
Bitcoin is currently trading around $56,740.82, down 1.49% The Bitcoin fear and greed index on Tuesday, November 30, 2021, went from the fear level of 33 to the level of 40 MicroStrategy has added another batch of 7,002 BTC to their treasury BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI sees “bullish engulfing” BTC/USD reversing […]
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Nike wants to bring sneakerheads into the Metaverse
Nike intends to sell you digital products in the Metaverse, and you will buy them because Nike knows how to make you want them. The apparel giant has taken its first steps into the metaverse. The Oregon-based company has filed several new trademarks this week that indicate its intent to make and sell virtual Nike-branded […]
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Metaverse tokens are still pushing higher each day
The metaverse sector continued to outperform with Gala (GALA), The Sandbox (SAND) and Decentraland (MANA) among the top five gainers. While few play-to-earn and metaverse “environments” are available for true interaction, major news and partnerships are still boosting these metaverse-related token valuations. As reported by Cointelegraph on Nov. 24, Metaverse Group purchased virtual land in Decentraland for […]
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New COVID-19 variant emerges, BTC drops, stocks sell-off, what’s happening?
Global markets went into a tailspin Friday following news of a heavily-mutated Covid-19 variant first detected in southern Africa. The World Health Organization will meet on Friday to address the emergence of the B.1.1.529 variant, which South African scientists have said contains more than 30 mutations to the spike protein, the component of the virus that binds […]
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Bitcoin’s drop to $56.5K may have been the bottom
The absence of cascading liquidations, 25% delta skew and the margin lending ratio all suggest that Bitcoin price bottomed at $56,500. The first rule of Bitcoin (BTC) trading should be “expect the unexpected.” In just the past year alone, there have been five instances of 20% or higher daily gains, as well as five intraday […]
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What exactly is the Metaverse all about?
The Metaverse allows people to interact with one another, digital objects and the physical world through their avatar in a virtual environment. As nonfungible token sales appear reanimated after a nearly two-month dry spell from their apex in May, a particular NFT application is gaining popularity more than ever: metaverses. Metaverses have gained their fair […]
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Cryptos Like Decentraland (MANA) shoots up after Facebook’s rebranding to Meta
The net market capitalization of metaverse tokens grew 13.40% to $12.36 billion in the past 24 hours. Facebook’s decision on Oct. 28 to rebrand itself to Meta — to indicate its plans to build an avatar-filled metaverse — helped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects. Decentraland, a virtual place with its own economy, currency […]
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5 environmentally sustainable coins to consider
There is no denying that in the past decade, cryptocurrencies have been quivering up the financial market. Recently, they have become one of the most valuable assets in most investors’ portfolios. However, environmental impact is one of the key problems that the crypto world is facing nowadays. Crypto enthusiasts like Tesla and SpaceX CEO Elon Musk are […]
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Should you be buying this price dip for Bitcoin?
BTC is retesting major support and resistance zones and analysts believe that the long-term outlook remains bullish if Bitcoin can close above $63,000. Cryptocurrency traders are scrambling and scratching their heads after a sharp drop in Bitcoin (BTC) price triggered a market-wide sell-off that has nearly every token in the top-200 flashing red on Nov. 16. Data from Cointelegraph […]