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Tag: Selling

Dapper Labs Becomes the First NFT Firm to Register to Lobby With the US Govt.

Dapper Labs Becomes the First NFT Firm to Register to Lobby With the US Govt.

Dapper Labs, the firm behind Flow blockchain and NBA topshot has become the first NFT company to federally register to lobby with the US government.  The company now joins a growing list of crypto personalities/companies looking to influence Congress with crypto-friendly regulatory policies. According to the announcement, Dapper Labs recruited PR company Crossroad Strategies as their lobbying firm. Crossroad stated that it would lobby for ‘policy related to NFTs, blockchain and financial services.’ The NFT firm even hired Alison Kutler as its new head of government affairs in October 2021 to help with its lobbying affairs. Before joining Dapper Labs, Kutler was the chief of the Consumer and Governmental Affairs Bureau and special advisor to the chairman of the FCC between June 2015 and April 2017. Kutler has also registered to lobby on behalf of Dapper Labs and will now work together with the company on lobbying with the US government. NFTs have become increasingly popular in the world of politics. US congressional candidates have even taken to selling digital tokens for campaign fundraising and donor exclusivity. Even Melania Trump recently launched NFTs for donors to collect ‘rare and limited-edition pieces while benefiting children in the foster care community.’ Similarly, political action committee HODLpac is planning to sell NFT membership cards or campaign pins. Beyond the United States, a South Korean 2022 presidential candidate recently announced the issuing of NFTs as recipients to his election donors. The campaign will accept cryptocurrencies like bitcoin, ether, and one of three other cryptocurrencies under review.

The post Dapper Labs Becomes the First NFT Firm to Register to Lobby With the US Govt. appeared first on Cryptoknowmics-Crypto News and Media Platform.

Political parties in Thailand oppose the finance ministry’s 15% tax on crypto profits law.

Representatives of parties from various corners of the political spectrum in Thailand have expressed their disagreements with the government’s plan to tax profits from cryptocurrencies. The reactions come after recent reports revealed that the Finance Ministry in Bangkok intends to introduce a 15% levy on profits from crypto investments and trading. More and more countries […]

Read full post Political parties in Thailand oppose the finance ministry’s 15% tax on crypto profits law. on Chaintimes.com.

HNT Technical Analysis: Retest of Bearish Flag Breakout Brings Selling Opportunity

HNT Technical Analysis

HNT coin price shows an excellent selling opportunity as the price retests the bearish breakout of the flag pattern. Should you sell as well? Helium seeks to enhance the capabilities of wireless communication Internet of Things (IoT) devices. The infrastructure surrounding IoT was in its infancy. However, developers were looking to add the concept of decentralization and hence refer to Helium in the form of “The People’s Network” in the official documentation. Its main draw will be for owners of devices as well as those who are looking to enter the IoT area, and financial incentives will provide more opportunities to reach out. Let us move ahead to read about Helium technical analysis. Past Performance of HNT HNT coin price grows more than 15% resulting in a bullish reversal from the horizontal level at $30. However, the price jump retests the bearish fallout of the flag pattern. Therefore, traders can shortly find the prices resuming the downtrend.  HNT/USD Daily Chart HNT Technical Analysis The news so far for HNT and the company has been positive, with the network expanding to 5G coverage, and the coin prices touching the $50 barrier. Furthermore, Helium has announced a new collaboration with the major carrier Dish. The HNT price action indicates resistance levels at $45 and $52 above the flag pattern. The support levels are at $26 and $21 which can halt a downfall if the price fails above $30. The crucial EMAs (50, 100, and 200) keep a positive alignment in the daily chart. The price action finds resistance near the 50-day EMA after the recent rise. The falling prices can find support at 100 and 200-day EMAs, and the fallout of each will increase the bearish attention. The RSI indicator at 47% fails to rise above the 14-day SMA and the central line in the daily chart. Therefore, the rejection can shortly increase the underlying bearishness. The MACD indicator shows the MACD and signal lines failing to sustain above the zero line after the bearish crossover. Therefore, the indicator gives a sell signal for the coin. Upcoming Trend The technical indicators reflect underlying bearishness ready to overtake the trend control in the HNT coin. Moreover, the price action shows the retest of the bearish breakout of the flag pattern. Therefore, the bearish signals overwhelm the bullish powers. Therefore, traders can find selling opportunities at current prices with a target near the 200-day EMA. However, safe traders can find an entry opportunity at the $30 fallout with the target at $21.

The post HNT Technical Analysis: Retest of Bearish Flag Breakout Brings Selling Opportunity appeared first on Cryptoknowmics-Crypto News and Media Platform.

Annual Forecast for Bitcoin Cash, 2022

The price of Bitcoin Cash (BCH) is in a downtrend. At press time, the cryptocurrency is trading at $376.

The Future of Tokenization: How UWIM is Making Blockchain Accessible to End-Issuers

How_UWIM_is_Making_Blockchain_AccessibleUWIM makes token creation open for end-issuers with no extra development and audits. UWIM’s product mechanics utilize lots of token ...

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Shiba Inu (SHIB) Surges 16% After Bitso Listing & Rumors of Robinhood Listing

Shiba Inu fans have some good tidings, which shows some positive gains after its listing on Bitso Mexico’s biggest cryptocurrency exchange.  However, if the meme-based crypto coin can maintain its momentum or be a repeat story of its listing in Kraken, it needs to be seen. Coindesk reported that Shiba Inu (SHIB) jumped 16% on

The post Shiba Inu (SHIB) Surges 16% After Bitso Listing & Rumors of Robinhood Listing appeared first on CoinGape.

BTC Manages to Outperform Stocks and Gold for 3rd Year – What’s Next?

Although the price of bitcoin fell recently, it has still managed to be one of the best performing financial assets of the year. The cryptocurrency has managed to have an amazing year in general, reaching all-time highs twice during the year. Over the year, the cryptocurrency first reached an all-time high during the Spring, when...

The post BTC Manages to Outperform Stocks and Gold for 3rd Year – What’s Next? appeared first on Live Bitcoin News.

Baby Doge coin up 131% in 2 weeks as other meme coins bleed: why is it rallying?

Although dog-themed coins like Shiba Inu (SHIB) and Dogecoin (DOGE) have been hard hit…

The post Baby Doge coin up 131% in 2 weeks as other meme coins bleed: why is it rallying? appeared first on Coin Journal.

Frontrunning – DeFi’s Dirtiest Secret

This article explains what frontrunning is, how it negatively affects the DeFi sector, and what you can do to avoid getting your DEX transactions frontrun. What is frontrunning? Whenever you use a decentralized exchange to swap tokens, the price of the token you buy increases slightly. This is called slippage and for most retail traders, […]

The post Frontrunning – DeFi’s Dirtiest Secret appeared first on CryptoCoin.News.

GALA Games Review: Everything you NEED to Know

GameFi, blockchain gaming, gaming in general, and metaverse. All of these and everything linked to them has been extremely hot. The incredible growth and impressive potential has made billions of dollars for speculators, bringing and millions of people into the space. However, as with all new industries the competition is fierce and only a handful […]

The post GALA Games Review: Everything you NEED to Know appeared first on Coin Bureau.

Cash App Set To Bring Bitcoin Lightning Network To Its 36 Million Users

The Lightning Network has been built-in into Cash App, a peer-to-peer cost service operated by Block, beforehand Square Inc. The function permits transactions between events that aren’t linked to the blockchain community. It was created to address the scalability points with the flagship cryptocurrency. Bitcoin Lightning Important For Speedy Transactions Block (beforehand Square), a fintech […]

The post Cash App Set To Bring Bitcoin Lightning Network To Its 36 Million Users appeared first on Bitcoin Upload.

Coinbase Acquiring Derivatives Exchange, Bitcoin Futures Trading to Follow

Coinbase is finalizing the acquisition of CFTC-regulated derivatives exchange FairX, paving the way for crypto futures and options trading on the platform.

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