A widely followed crypto analyst says that Bitcoin (BTC) and one Ethereum (ETH) competitor are facing significant downside risks amid recent sideways movement in the markets. Starting with Bitcoin, pseudonymous crypto analyst Capo tells his more than 248,600 Twitter followers that Bitcoin is experiencing weak bounces, which could be short-lived. “The bulls turned euphoric yesterday […]

The post Top Crypto Analyst Issues Bitcoin (BTC) Warning, Predicts This Ethereum (ETH) Rival Could Crash by Over 50% appeared first on The Daily Hodl.

This year, Silvergate Capital paid $182 million for Diem’s technology assets, bringing an end to Facebook’s plan to build a crypto payments network. The deal underscores how the social network giant, now Meta, has just a limited number of regulatory-approved options for becoming a prominent player in the blockchain space. These well-known investors participated in a strategic investing round, which was led by investors including Tiger Global, Multicoin Capital, Katie Haun and Coinbase Ventures. Blockchain System For Aptos Aptos, a project founded by ex-Facebook employees who just left the firm in December, has already received unicorn money from Andreessen Horowitz and other prominent web3 investors. Aptos Chief Executive Officer Mo Shaikh said in a recent blog post: “We are the founders, researchers, designers, and builders of Diem, the first blockchain developed for this purpose… while the rest of the world never saw what we produced, our job is far from done.” Aptos has disclosed that it has raised $200 million in capital from Tiger Global, Katie Haun, Multicoin Capital, 3 Arrows Capital, FTX Ventures, and Coinbase Ventures to pursue its goal of establishing a blockchain scalability system. Another prominent first-round investor is Silvergate Capital, while the Aptos team assures that they will not license or use any of Silvergate’s Diem IP as they develop their blockchain. Related Article | Gloomy Crypto Future? Book Author Warns We’re In The Biggest Bubble In History Crypto total market cap at $1.78 trillion on the daily chart | Source: TradingView.com No Direct Link With Facebook However, some in the crypto industry are skeptical of implementing Facebook’s web3 vision, even though Diem proponents like Andreessen Horowitz may rally behind a group aiming to take up the effort. “To be clear, we have no official connection with Facebook and no funding from them,” Shaikh said. As a result, Aptos sees another challenge in recruiting developers. Move, an open-source programming language developed by Meta, is being used to lure new developers to the company. The Aptos Devnet Instead of building on top of existing decentralized networks like Ethereum or Solana, Aptos will create its own decentralized network from the ground up. Additionally, Aptos launched its “devnet,” which will allow developers to explore and build on the Aptos blockchain before its public release, which the company expects to take place in the third quarter this year. The fundamental objective of Aptos is to develop a blockchain that is more scalable, faster, and has cheaper transaction fees than the current major networks. Customers that are interested in embracing blockchain technology should expect a more stable and dependable network from the project’s developers. Related Article | Abra CEO Predicts Ethereum Could Reach $40,000 – But Some Fintech Analysts Don’t Agree Featured image from SiliconANGLE, chart from TradingView.com

Cardano (ADA) has recently been underperforming in price, leaving adherents expectant for a market-driving catalyst.

DUBLIN–(BUSINESS WIRE)–The “RNAi Therapeutics Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027” report has been added to ResearchAndMarkets.com’s offering. The report predicts the global RNAi therapeutics market to grow with a CAGR of 9% over the forecast period from 2021-2027. The report on the global RNAi therapeutics market provides qualitative and […]

The post RNAi Therapeutics Market Research Report 2022: Small Interfering RNAs (siRNA) & MicroRNA (miRNA) – Global Industry Analysis, Trends, Market Size, and Forecasts to 2027 – ResearchAndMarkets.com appeared first on Fintech News.

With centralized financial infrastructure turning on Russia, the nation may be inspired to opt for less censorable, decentralized alternatives.

This is a post co-written with Bernard Paques, CTO of Storm Reply, and Karl Herkt, Senior Strategist at Dassault Systèmes 3DExcite. While computer vision can be crucial to industrial maintenance, manufacturing, logistics, and consumer applications, its adoption is limited by the manual creation of training datasets. The creation of labeled pictures in an industrial context […]

A year and a half ago Netflix released The Social Dilemma, a docu-drama that dug into the harmful consequences of social media. Think political polarization, the spread of misinformation, and upticks in anxiety and depression across multiple demographics. Tristan Harris, a former Google design ethicist and co-founder of the Center for Humane Technology, is a […]

New modelling predicts the composition, structure and atmosphere of hypothetical nearby worlds

The post Planets in Alpha Centauri could be carbon-rich – if they exist appeared first on Physics World.

Apple co-founder and technology icon Steve Wozniak gave his take on Bitcoin and crypto in a new interview on the Wild Ride with Steve-O podcast last week. Wozniak, aka ‘Woz’,’ revealed himself to be an early Bitcoin investor, and that he was still bullish on BTC. “I bought a bunch of Bitcoin at the start […]

The post Apple’s Steve Wozniak Predicts $100,000 Bitcoin, Turns Out to Be Early BTC Investor appeared first on Coin Bureau.

Paramount among factors keeping investor sentiment up is the ecosystem's massive metaverse plans.

The index-tracking ETF would invest in companies within NFT industries, such as gaming, arts and entertainment

The post New Planned ETF Targets NFT-related Stocks appeared first on Blockworks.

Bitcoin has reclaimed the $40,000 mark in the last hour, following indications of progress in discussions between and Ukraine amid the ongoing conflict. Russian President Vladimir Putin stated that “positive movement” was being made in the negotiations on a “daily basis.” Russia is facing penalties from Western countries, among others, as world leaders criticize the invasion of Ukraine. Bitcoin Spikes Following Putin Remarks The spike came in the wake of new comments from Russian President Vladimir Putin, who indicated in a meeting with his Belarussian counterpart, Aleksandr Lukashenko, that there had been “positive shifts” in the Ukraine dynamic. Putin said improvements has been made in the talks between the Kremlin and Ukraine: “There are certain positive shifts, negotiators on our side tell me.” BTC/USD trades close to $40k. Source: TradingView Putin’s remarks boosted global markets. Futures on the S&P 500 rose 1.31%, while futures on the tech-heavy Nasdaq 100 rose 1.65%. Sentiment in Europe was higher, with the DAX in Germany rising 3.41% and the Stoxx Europe 600 rising 2.09%. At the time of writing, BTC/USD volatility remained high, with bulls aiming to break through $40,000 resistance more convincingly. The increasing volatility had an effect on liquidations as well, with over $24 million in leveraged positions being wiped off the market in the last hour alone. The largest single liquidation order was on Bybit, worth about $6 million. Explosive growth in #Bitcoin bitfinex shorts hate to say it, capitulation incoming pic.twitter.com/FTQGt41UBQ — Cole Garner (@ColeGarnerXBT) March 11, 2022 Related Reading | Bitcoin On Course To Hit $100K Nine Months From Now, Bitbull CEO Predicts Traders Unsure Of Market The cryptocurrency market remains volatile. Bitcoin rose from $38,600 in European morning hours to little more than $40,200 after Putin’s remarks were made public. Ethereum, XRP, and Solana’s SOL all gained 2.4% in the last hour, while Polkadot’s DOT led advances with an 8% rise in the last 24 hours. However, it’s worth mentioning that Russian troops are rumored to be gathering around Kyiv, and some foresee a possible effort to encircle the capital. Adam Cochran, a well-known crypto critic and analyst, commented on the contradicting signals, saying: “Markets are so thin and so desperate for relief that we’re moving on vague positive news in the Russia-Ukraine conflict while both sides also release worsening statements and escalating action.” Bitcoin stayed at the lower end of its established trading range, with the area north of $42,000 proving impossible to hold for long in 2022. The latest price action, however, was a godsend for some traders, with popular Twitter account Anbessa informing followers that everything was going as planned. $BTC/USD Update 📈✅ 🔹bullish divergence playing out ✔️🔹4th entry -> 4 bounce up 3% pic.twitter.com/QqZnheFLyQ — AN₿ESSA (@Anbessa100) March 11, 2022 The deterioration of Ukraine’s position has sent shockwaves through global markets. This week, India saw a massive outflow of foreign capital worth billions of dollars, while Brent crude hit $140 per barrel. Related Article | Billionaire Investor Says Crypto Outlook Is ‘Very Bullish’ For Bitcoin Featured image from Getty Images, chart from TradingView.com