The Blue Chip token Aave surges 17% amid the latest upgrade as we are going to see further in our latest altcoin news today. The latest upgrade to lending and borrowing protocol Aave was greeted with a surge in buying activity. The project’s native ERC-20 token AAVe which is used for staking and governance and […]

On-chain data shows the Bitcoin exchange reserve has lost another 50k BTC over the past week, a sign that could be bullish for the price of the crypto. Bitcoin Exchange Reserve Continues To Observe Further Decline In Recent Weeks As pointed out by an analyst in a CryptoQuant post, 50k BTC in net outflows has exited exchange wallets over the past week. The “all exchanges reserve” is an indicator that measures the total amount of Bitcoin stored in wallets of all centralized exchanges. When the value of this metric goes up, it means the supply on exchanges is rising as investors deposit a net amount of coins. Such a trend may be bearish for the price of the coin as holders usually transfer to exchanges for selling purposes. On the other hand, the reserve’s value decreasing implies that a net amount of Bitcoin is exiting exchange wallets at the moment. This kind of trend when sustained over a period can prove to be bullish for the coin’s price as it may be a sign that investors are accumulating. Related Reading | Current Stretch Of Bitcoin Fear Surpasses 2021 Selloff Now, here is a chart that shows the trend in the BTC exchange reserve over the past few months: Looks like the value of the indicator has sharply gone down recently | Source: CryptoQuant As you can see in the above graph, the Bitcoin exchange reserve has been going down over the last few months. In the past week alone, the metric has dropped 50k BTC in value. The last couple of days especially saw large downward spikes amounting to around 10k to 11k BTC. Related Reading | Mike Novogratz: Bitcoin Price To Range Between $30k-$50k Throughout The Year The exchange reserve has traditionally been considered the “selling supply” of the coin. As it has been shrinking for a while now, the effect on the price should be positive due to supply-demand dynamics. Some have referred to this decline as creating a “supply shock” in the market. However, recent data suggests that the reserve is no longer the main source of selling pressure, coins exiting from exchanges have instead just shifted into investment vehicles like ETFs. Nonetheless, the reserve declining does reduce part of the selling supply so the net effect of such a trend may still be bullish. BTC Price At the time of writing, Bitcoin’s price floats around $41k, up 5% in the past week. Over the last month, the crypto has lost 6% in value. The below chart shows the trend in the price of the coin over the past five days. The price of Bitcoin seems to have seen a surge over the last couple of days | Source: BTCUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant.com

After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on Wednesday, non-fungible token (NFT) weekly sales volume data shows an improvement from last week’s sales metrics. At the time of writing, in terms of seven-day sales volume, the aggregate NFT sales volume increased by 17.86% this week to $457 million. […]

During the trading day of March 16 (Wednesday), the SAND/USDT pair surged 21%. Animoca Brands, a Hong Kong-based blockchain game

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The highly-anticipated sequel to Polyarc’s charming VR platformer arrives on PSVR this month. It’s hard to talk about the best VR platforming games without mentioning Moss. Originally released on PlayStation VR before heading to PC VR and Meta Quest headsets, the expertly-crafted third-person platformer had players teaming up with the tiny but mighty Quill as […]

The post Moss: Book II Promises A Bigger And Better VR Adventure appeared first on VRScout.

Non-fungible Tokens (NFTs) are taking a new shape and are increasingly becoming a part of our lives. These tokens now have real-life use cases aside from just being digital arts that we love. One project that is creating and giving its NFT collection real-life usefulness is the Wealthy Teds Club.  A collection of NFTs with exclusive club access, Wealthy Teds is a 10,200 art collection built on the Ethereum blockchain. This NFT project gives its owners access to information and resources on how they can increase their wealth as a result of being part of a privileged network. For the first time, an NFT project is offering a digital identity card that allows its holders to be part of a community where they will learn how to build and grow their wealth while experiencing things that are reserved for the wealthiest individuals in the world.  These experiences include owning Bored Ape NFTs, owning luxury wristwatches (Patek Philippe and Rolexes), Yacht stays, space travel, private jet flights and gold and silver ingots amongst many other valuable real-life assets and experiences.  Wealthy Teds Tiers There are four different tiers in Wealthy Teds and there are different amounts of Teds allocated to each tier. Holders of Wealthy Teds will be able to participate for prizes in higher categories but this depends on the number of Wealthy Teds NFTs they are holding. The four tiers of Wealthy Teds are: Lazy Teds — In this tier, holders own just 1 Wealthy Ted Chubby Teds — Here, holders can own up to 3 Wealthy Teds Hangry Teds — Owners in this tier can hold up to 5 Wealthy Teds Naughty Teds — This is the last and final category where owners can hold as much as 10 Wealthy Teds.  Benefits of Being a Wealthy Ted  Some of the benefits of being a member of the Wealthy Ted Club are as follows: Private Club Wealthy Teds offers its members an opportunity to be a part of a private club where they will enjoy free access to the community’s exclusive Discord channel. In this channel, valuable information and resources will be shared and members will learn stuff like: Access to crypto whales alerts and strategies worth about $25,000 Credit & Travel hacks  Financial training  Investment opportunities regardless of the size of capital Understanding how to leverage their network into building their net worths AMA Consulting and fiscal engineering Space Trips “To the Moon” is not a phrase Wealthy Teds take lightly and they plan to take their members to the moon, literally. Wealthy Teds have partnered up with a company that operates space trips (this is one of the only companies on the planet that does this) to ensure that two of its members enjoy this unique opportunity each year.  Wealthy Parties Wealthy Teds Club will hold a private event in a secret location for its members twice a year. These events will be held to enable members to network with the entire community and there will be special speakers and guests invited. Industry leaders and experts in the blockchain sector, creators, businessmen and inspiring individuals will be among those invited to influence the Wealthy Teds community into growing their wealth. Digital Assets There will be 5 golden Wealthy Teds within the collection. These Teds amount to an extra $500 in ETH recurrent monthly earnings over years for their owners. A raffle will take place every week for all holders and $1000 in BTC, in ETH, in FTM and a token chosen by the community will be won weekly.  At the end of every year (starting with this year), the Wealthy Teds Club will raffle a Bored Ape amongst the Wealthy Teds community at the Wealthy Teds worldwide conference. Luxury Experiences Depending on Ted Tier, a holder will be able to opt for different ranges of exclusive experiences. These experiences include yacht rentals, luxury trips, private jet trips to choice destinations, gourmet experiences at some of the world’s most luxurious restaurants, VIP access in exclusive events like F1 or MotoGP, stays in luxurious hotels and many more. Whitelist for Wealthy Teds NFT The opportunity to get into the whitelist for Wealthy Teds is open until April 17 and the Whitelist Sale will be on 30th April while Public Sale on 4th May. You can fill out the whitelist form on the website to get whitelisted. There are only 1,000 slots available for whitelisting.  Note: Whitelist mint pricing 0.6 ETH and Public Sale price is 0.75 ETH Road Map Q2 2022  Wealthy Teds first Collection launch Q3 2022 Honey pot — Long-term holders (holders for 30 days or more) will have access to a free drop of a new NFT collection of honey pot that can be burned with the first collection. Newcomers to the project will be able … Continued

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Organizational forms serve as a primary business tool across industries—from financial services, to healthcare, and more. Consider, for example, tax filing forms in the tax management industry, where new forms come out each year with largely the same information. AWS customers across sectors need to process and store information in forms as part of their […]

Bitcoin could have a bigger role in the international board as superpowers compete for dominance over the financial system. The benchmark crypto has seen some relief in the last day, as the U.S. Federal Reserve (FED) tightens, and the shadow of war looms over Europe. Related Reading | Ethereum Spikes Above $2,700 After Fed Announcement, What Now? At the time of writing, Bitcoin trades at $40,700 with a 1% profit over the past day and a 3% loss in the past week. As Gold Rises, So Will Bitcoin… In a recent post from BitMEX Co-Founder Arthur Hayes, there is a prediction for Bitcoin for the coming years, and a declaration with potential implications for the whole world: the financial system supported by oil and dollars came to an end. Otherwise known as “Petrodollars”, the term describes the way our current financial ecosystem is supported by the exchange of the U.S. dollar for this commodity, the world’s main source of energy. Big oil producers accept this currency, almost exclusively, for their products. This gives the U.S. dollar a prime position in the financial system, contributing to its global reserve currency status. The Society for Worldwide Interbank Financial Telecommunications (SWIFT) is another major component of that system. For some, Bitcoin is a direct competitor and a threat to this status quo. In his essay, titled “Energy Cancelled”, Hayes claims the Petrodollar system came to an end. The invasion of Ukraine by the Russian army led to the imposition of sanctions from the international community to the Vladimir Putin-led country. Russian banks and a portion of the country’s fiat currency reserve were seized by the U.S. and European Union (EU). The weaponization of the U.S. dollars has led Russia and China, contesting the role of this currency on the global scene, to find alternatives and possibly push for a new financial system. 8/12 Now add in the news that Saudi Arabia is considering accepting #Yuan instead of Dollars for Chinese oil and you have an accelerator for more economic problems and market uncertainty. https://t.co/5by5PkH8Vf — Material Indicators (@MI_Algos) March 16, 2022 Hayes believes this new system is yet to be named but could potentially be supported by a “neutral” medium of exchanges, such as Gold. This would directly impact Bitcoin, Hayes said: A new neutral reserve asset, which I believe will be gold, will be used to facilitate global trade in energy and foodstuffs. From a philosophical standpoint, central banks and sovereigns appreciate the value of gold, but not that of Bitcoin (…). Bitcoin is less than two decades old. But don’t worry: as gold succeeds so will Bitcoin. Money Has Changed Forever, Why Bitcoin Will Benefit Later, Hayes breaks down the evolution of money and the network that supports money, from its physical to its digital phase. In the latter, individuals, entities, and small countries have money stored on centralized, permissioned networks, and can potentially be locked out of their wealth, if a bank or government decides to. In case the dominant countries on this network, the U.S. and E.U. or China for the current financial system, decide to block network access to a participant, questions about the status quo emerge. Russia’s recent sanctions, the essay claims, is a one-of-a-kind case in history. The digitalization of the monetary network has made it possible to “cancel”, to “shun”, the country at this scale. Hayes said: Money is a medium of energy storage, and the most-used monetary instruments now lack the largest energy producer globally as a user. Why should any central bank “save” in any Western fiat currency, when their savings can be expropriated arbitrarily and unilaterally by the operators of the digital fiat monetary networks? Data shared by Hayes estimates current savings in $12 trillion, most countries store these funds on a network controlled by a superpower. These funds will be moved, says Hayes, to a new network. Gold is the potentially direct benefactor, as mentioned, China and other countries could begin injecting buying pressure into the Gold spot market. Long Gold could be this decade’s most important trade. Wheat, grains, and other commodities could follow. Related Reading | FED Announcement Pushes Bitcoin Price Up, Will BTC Sustain Momentum? In the long term, Hayes expects Gold to reach $10,000 on the spot. The rise of the precious metal will spill into all hard money assets, Bitcoin included. The cryptocurrency could hit $1 million per coin, as Gold moves upward. Hayes added: (…) any and all hard monetary assets believed to protect portfolios from this pestilence will get bid to astronomical levels. And that is the mental shift that breaks the correlation of Bitcoin with traditional risk-on / off assets, such as US equities and nominal interest rates.

Betway is ready to enhance a number of aspects of its famous esports betting service thanks to agreeing a new strategic partnership with the esports odds company Oddin.gg. The deal will see Oddin.gg provide its renowned odds feed to Betway, in order to allow Betway to continue to expand and improve their already formidable esports […]

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APE Sports a $746M Market Cap on its Opening Day

The post Caution Traders! Bitcoin (BTC) Price To Suffer Another Pullback Prior To $43k This Weekend! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The cryptosphere’s yearn for a bull run, now finds possibilities, as the industry tends to recover from its setbacks. Wherefore, investors now eye on the star crypto Bitcoin, in hope of it retracing its path to the bulls. Successively, folks from the crypto town are analyzing the foot movements of Bitcoin and its price projections …

Security researchers have identified a surge in backdoor infections on hundreds of websites hosted on GoDaddy’s Managed WordPress service, which were all compromised by the same payload. The incident impacted websites like tsoHost, MediaTemple, Domain Factory, Heart Internet, 123Reg, and Host Europe Managed WordPress websites. The infected sites shared a nearly identical backdoor embedded in […]