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22/02/2022

Bitcoin is still on a decline struggling below the $40K mark. This had been a significant hold point for the bulls but once the bears had successfully dragged the digital asset below this critical support point, it has been a long way down since then. While a reversal is likely at this point, it is also possible that the digital asset continues to record more decline, leading to as low as $34K....

https://thinkincrypto.com/2022/02/22/sellers-in-control-why-bitcoin-could-revisit-34k/

22/02/2022

Bitcoin (BTC) has dipped enough for one of its best-known indicators to signal a rare long-term investment opportunity is here. As of Feb. 22, the Mayer Multiple is sitting at its lowest level since Bitcoin bounced at $29,000 in July last year. Mayer Multiple down 50% in 3 months The latest in a series of metrics to echo the pit of the 2021 retracement on BTC/USD, the Mayer Multiple currently measures 0.76, having halved since November's $69,000 all-time high....

https://thinkincrypto.com/2022/02/22/bitcoin-mayer-multiple-returns-to-july-2021-levels-in-fresh-sign-37k-btc-is-a-long-term-buy/

22/02/2022

Bitcoin (BTC) recovered to $38,000 as Wall Street opened on Feb. 22 amid a tense atmosphere over geopolitical instability. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin tiptoes around macro cues Data from Cointelegraph Markets Pro and TradingView showed an eerily calm start to the first Wall Street session of the week for both stocks and crypto. Fears of a dramatic bout of volatility accompanying the open thanks to Feb....

https://thinkincrypto.com/2022/02/22/bitcoin-inches-past-38k-as-wall-street-opens-to-strange-calm-on-russia-sanctions/

22/02/2022

Chip manufacturer giant Intel released the technical specifications of its Bonanza Mine bitcoin miner hardware at the 2022 edition of the International Solid-State Circuits Conference (ISSCC), saying that the miner provided greater efficiency than others in the market. Intel announced that each Bonanza Mine (BMZ1) miner packs 300 BMZ1 chips, according to the technical specifications presented during the conference organized by the Institute of Electrical and Electronics Engineers (IEEE)....

https://thinkincrypto.com/2022/02/22/intel-releases-new-bitcoin-miner-hardware-specifications/

22/02/2022

1. Introduction Bricktrade is a blockchain-based digital marketplace that enables the tokenization of real estate. Aside from allowing properties to be traded directly between buyers and sellers, the Bricktrade platform also provides a vast array of funding opportunities for project developers. The platform is based on a custom-built, permissioned private blockchain, combining the advantages of an immutable public ledger with the enforceability of smart contracts....

https://thinkincrypto.com/2022/02/22/bricktrade-tokenizing-real-estate-cryptoslate/

22/02/2022

Visit the original article* The bill is the latest to join a growing cohort of state legislation being proposed to encourage bitcoin’s usage for payments. California is the latest U.S. state to jump on the bitcoin payments bandwagon. Senator Kamlager filed Bill 1275 to the state’s legislature on Friday to add a section to the government code that relates to services provided by Californian agencies to the public....

https://thinkincrypto.com/2022/02/22/new-bill-would-let-california-state-agencies-accept-bitcoin/

22/02/2022

In 1602, the Dutch East India Company was formed in what many consider the world’s first initial public offering — allowing perfect strangers to share in stock ownership. Four centuries later, the joint-stock model — especially its incarnation as the modern business “corporation” — sets the pace for much of the economic world. But, decentralized autonomous organizations, or DAOs, could soon disrupt the joint-stock capitalized business model, much as the Dutch East India supplanted the limited partnerships of its day — or so some may say....

https://thinkincrypto.com/2022/02/22/are-daos-the-new-corporate-paradigm-cointelegraph-magazine/

22/02/2022

According to Huobi co-founder Jun Du, Bitcoin is unlikely to experience a strong bull run until 2025. His analysis is based on certain crypto specialists’ assumption that the coin’s current run is coming to an end. Surprisingly, Du has always aligned with Bitcoin’s bull run history. The asset’s value reached as high as $69,000 during the 2020 bull run, which ended months before the mining reward was reduced from 12.5 BTC to 6.25 BTC....

https://thinkincrypto.com/2022/02/22/huobi-co-founder-says-next-bitcoin-bull-run-could-be-3-years-away/

22/02/2022

Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrencies while at the same time cementing a ban on their use in payments. Draft Law ‘On Digital Currency’ to Regulate Crypto Turnover in Russia The Ministry of Finance of the Russian Federation has presented to the federal government in Moscow legislation tailored to fill the regulatory gaps in the country’s crypto space, remaining after last year’s enforcement of the law “On Digital Financial Assets.” According to an announcement published this week, the draft law “On Digital Currency” has been filed with the White House on Friday, Feb....

https://thinkincrypto.com/2022/02/22/russias-finance-ministry-submits-bill-to-legalize-crypto-investments-ban-payments-regulation-bitcoin-news/

22/02/2022

A node is a component of cryptocurrency that is required for most popular currencies such as Bitcoin and Dogecoin to function. In addition, it’s an essential component of the blockchain network, which is a decentralized ledger used to keep track of cryptocurrencies. As more individuals get interested in cryptocurrency like bitcoin, there is a greater need for them to understand how the system works....

https://thinkincrypto.com/2022/02/22/what-are-blockchain-nodes-detailed-guide/

22/02/2022

press release PRESS RELEASE. High-performance computing (HPC) company Solidus AI Tech has raised $5.4 million and are now entering their 3rd round of funding. Solidus AI Tech is working to solve the problem of the lack of European HPC facilities in the global top 10. Only producing 5% of computing power despite being the consumer of one-third of HPC resources....

https://thinkincrypto.com/2022/02/22/solidus-ai-tech-raises-5-4-million-in-funding-and-unveils-new-partners-press-release-bitcoin-news/

22/02/2022

The crypto market just shed 3.49% over the day to $1,6 trillion. With concerns over Russia and Ukraine and rate increases by the Federal Reserve in the U.S, cryptocurrencies are tumbling. Many investors fear a crypto winter, but whether it is here or not, diversification is still vital. James Wang, Head of Tokens at Amun, explained to NewsBTC how index tokens allow to gain instant exposure to the best-performing and most liquidity assets, diversify portfolios, and help spread the risk....

https://thinkincrypto.com/2022/02/21/crypto-winter-or-not-heres-why-index-trading-can-help-spread-the-risk-3/

22/02/2022

Decentraland(MANA) Price Analysis The Decentraland price has maintained a steep descending trend since the mid of February 2022. Also the very recent attempt to flip from the bearish trend has gone in vain as the price nullifying the uptrend, slashed and revisited the lower support. Currently, the MANA price has attempted a notable flip from the lower support at $2.4 and heading toward one of the important resistance at $2.8 which may offer interim relief from the bearish trend....

https://thinkincrypto.com/2022/02/22/nfts-experience-massive-downfall-will-axs-mana-sand-price-stabilize-the-downfall-coinpedia-fintech-cryptocurreny-news-media/

22/02/2022

Visit the original article* This guide walks you through setting up the FutureBit Apollo Bitcoin node and miner, letting you mine bitcoin at home within 15 minutes. This is a guide for getting started with the FutureBit Apollo Bitcoin node and miner. The Apollo is a full archival Bitcoin node, currently running Bitcoin Core version 22.0.0. Additionally, the Apollo is a Bitcoin miner equipped with 44 ASIC chips capable of producing about 3 terahashes (Th) in mining capacity....

https://thinkincrypto.com/2022/02/22/from-delivery-to-hashing-in-15-minutes-setting-up-the-futurebit-apollo-node-and-miner/

22/02/2022

This week marks week 7 for CoinQuest! The play-to-earn crypto games I've come across didn't get me excited, so I'm building the game that I would want to play myself. The game is hosted on Gnosis, and every week the top players get airdropped prizes (over 15,000 xDai won to date), with updates coming in daily, come stop by and leave some feedback:...

https://thinkincrypto.com/2022/02/22/im-building-a-blockchain-nft-mmorpg-on-gnosis/

22/02/2022

Bitcoin prices declined for the sixth day in a row Tuesday, falling about 12% from the same time last week. BTC/USD fell to a low of $37,358.00 to begin the trading week after reaching a high of $39,394.44 on Sunday. BTC fell to its lowest level since February 4 as it approached its long-term support of $37,200. The crypto’s price strength is now fully oversold, with the 14-day RSI tracking at 39, its lowest level in more than three weeks....

https://thinkincrypto.com/2022/02/22/bitcoin-prices-bear-the-brunt-of-long-liquidations-and-geopolitical-tensions/

22/02/2022

Nayib Bukele, El Salvador’s Bitcoin-loving president has announced plans to offer citizenship to foreign investors. This move could invite more investment projects like this series of reforms is a step closer to strengthening and reinforcing the country’s economy. Bukele announced this news through Twitter on Sunday, his tweet stated: I’m sending 52 legal reforms to congress, to remove red tape, reduce bureaucracy, create tax incentives, citizenship in exchange for investments, new securities laws, stability contracts, etc....

https://thinkincrypto.com/2022/02/22/el-salvador-proposes-offering-citizenship-to-foreign-investors/

22/02/2022

The decentralized finance (DeFi) industry continues to reach unprecedented highs, with daily volume of transactions increasing on a regular basis. Unfortunately, in spite of the billions of funds currently being crossed back and forth, decentralized exchanges (DEXs) are filled with apparent and invisible costs that are a hindrance to market activity. Consequently, the future of DeFi requires eliminating the high transaction costs and limited functionality often associated with traditional DEXs....

https://thinkincrypto.com/2022/02/22/automated-order-books-eliminate-defi-costs-and-match-cex-capability/

22/02/2022

As an unlikely but welcomed source of hope during crypto market jitters, Deutsche Bank’s report, the “Future of Cryptocurrencies,” sheds light on potentially bullish cryptocurrency activity. A survey critical to the report suggests that neither traders nor investors are likely to part with their crypto holdings in the event of a bear market. Marion Laboure, a director of macro strategy at Deutsche Bank, told Cointelegraph:...

https://thinkincrypto.com/2022/02/22/analyst-comments-on-deutsche-bank-report/

22/02/2022

With a dip of almost 16% in the past 7 days, BTC has struggled to gain any sort of momentum in the recent week. However, the price drop failed to impact Bitcoin whales as they continued to execute large transactions. Q4 2021 volumes have gone up or down and how much? Yesterday, Whale Alert highlighted the movement of almost $115 million worth of BTC from a single address....

https://thinkincrypto.com/2022/02/22/btc-address-sends-3000-coins-to-xapo/

22/02/2022

The Metaverse is one of the exciting developments coming out of the crypto and blockchain industry. Numerous brands, projects, and publicly traded companies aim to explore opportunities in the virtual world. However, fully functioning Metaverse to invest in doesn’t exist yet, making many deals seem FOMO or YOLO rather than intelligent business decisions. The Metaverse Is Hot But Incomplete On paper, the coming together of a virtual world and the real world seems exciting....

https://thinkincrypto.com/2022/02/22/op-ed-most-deals-in-the-metaverse-are-fomo-and-yolo/

22/02/2022

Floating app windows have been around on Android for years now, allowing you to open and use apps while still doing other things on your phone. It joins split-view multitasking as one of the more practical yet under-the-radar features on the platform. We’ve already asked Android Authority readers about how often they use split-view multitasking, but what about floating app windows?...

https://thinkincrypto.com/2022/02/22/heres-how-often-you-use-floating-app-windows-if-at-all/

22/02/2022

Bitcoin has been trading below $40,000 for the past couple of days as more liquidations continue engulfing the market. The top cryptocurrency was down by 15.73% in the past seven days to hit $36,925 during intraday trading, according to CoinMarketCap. To avoid a further slip, Bitcoin needs to hold the zone between $36,000 and $37,000. Market analyst Michael van de Poppe…...

https://thinkincrypto.com/2022/02/22/bitcoin-needs-to-hold-the-36k-37k-support-level-avoid-further-downward-momentum/

22/02/2022

Coincover, a provider of protection for cryptocurrency, announced that it has made its market-leading crypto protection technology available to individual crypto wallet holders. Providing protection against loss of access and theft, Coincover’s preventative technology is backed by an insurance policy placed with certain Underwriters at Lloyd’s of London. With this new offer, Coincover is making it safer for existing and new individual crypto investors to enter the digital currency marketplace....

https://thinkincrypto.com/2022/02/22/coincover-launches-protection-for-personal-cryptocurrency-wallets/

22/02/2022

The Kazakh Ministry of Energy announced that it has discovered and terminated 13 cryptocurrency mining operations. The government executed the shutdown as part of its efforts to regulate the Bitcoin (BTC) mining sector, which has grown increasingly popular in recent years. As per the official statement, the miners were using a lot of energy, with a total power consumption of 202 megawatts....

https://thinkincrypto.com/2022/02/22/kazakh-ministry-halts-illegal-crypto-mining-operations/

22/02/2022

What’s “Lugano’s Plan B”? The 9th biggest city in Switzerland plans to become Europe’s Bitcoin city. And Tether is there to help. How will the two entities accomplish that? On March 3rd, Tether’s Paolo Ardoino and Michele Foletti, the Mayor of the city of Lugano, will unveil the plan at a live-streamed conference. and stablecoins are revolutionizing the financial sector....

https://thinkincrypto.com/2022/02/22/tether-the-swiss-city-of-lugano-promise-europes-btc-capital-is-it-though/

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