Say I mint an NFT and in the metadata, I point to https://en.wikipedia.org/wiki/Google_logo#/media/File:Google_2015_logo.svg as the image I own. Does this mean I own the Google logo now? And I can prove it with my NFT? submitted by /u/SaaSWriters [link] [comments]
Nearly $14 million has been returned to BTC institutional funds over the past week, but Ethereum-based products are still seeing major outflows.
Why they hate Bitcoin/crypto so much. Is because their false beliefs about the chip shortage mistakenly blamed on POW, is it because they feel bad for "missing the train". Or maybe they are influenced by the MSM lies and false narratives about "Bitcoin is bad for the environment" or "just a speculative bubble/pyramid/Ponzi scheme" without…
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What do you think will happen to the crypto world if there is war between Russia and Europe? Currently the entire market is clearly down including cryptocurrencies. In the event of a war between the two powers, the market would react with great instability. Normally the result is exponentially more variable in the crypto market.…
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Obviously, what was being bought and sold were terrible things for society, but I just find it funny that Bitcoin is now this difficult and abstract thing explain to people when the original whitepaper made its intentions so clear. Silk Road was legitimately the proper use-case for Bitcoin: pure peer-to-peer electronic cash. I don't know…
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submitted by /u/Chad-the-poser [link] [comments]
A recent note from Bank of America analysts said that a CBDC would differ from digital currencies currently available because it would be the liability of the Federal Reserve, not a commercial bank.
Global investment bank Goldman Sachs has predicted that the metaverse could be an $8 trillion opportunity. Several others have similarly predicted that the metaverse is a multitrillion-dollar market. Goldman Sachs Says the Metaverse Could Be an $8 Trillion Opportunity Global investment bank Goldman Sachs has predicted that the metaverse could be an $8 trillion opportunity. […]
Bitcoin extended decline below $34,000 against the US Dollar. BTC is recovering, but it must clear $38,000 for a steady upward move. Bitcoin remained in a bearish zone below the $38,000 and $36,500 support levels. The price is now trading near $36,500 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $35,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a major increase if there is a clear move above the $38,000 resistance. Bitcoin Price Eyes Recovery Bitcoin price extended decline below the $35,000 and $34,000 support levels. BTC even spiked below the $33,000 level. A low was formed near $32,940 and the price recently started a recovery wave. There was a break above the $35,000 and $35,500 resistance levels. The bulls pushed the price above the 23.6% Fib retracement level of the recent decline from the $43,490 swing high to $32,940 low. Besides, there was a break above a major bearish trend line with resistance near $35,450 on the hourly chart of the BTC/USD pair. The pair even spiked above the $37,000 level. Bitcoin is now trading near $36,500 and the 100 hourly simple moving average. On the upside, an initial resistance is near the $37,000 level. Source: BTCUSD on TradingView.com The first major resistance is near the $38,000 zone. It is near the 50% Fib retracement level of the recent decline from the $43,490 swing high to $32,940 low. An upside break above the $38,000 resistance could start a steady recovery wave towards $40,000. The next key resistance is near the $41,200 level, above which the bulls might aim a test of $42,000. Fresh Decline in BTC? If bitcoin fails to start a fresh increase above $38,000, it could start another decline. An immediate support on the downside is near the $36,000 zone. The first major support is seen near the $35,400 zone. A downside break below the $35,400 support zone may perhaps spark another drop. The next major support is near $34,000, below which the price could revisit the recent low. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $35,400, followed by $34,000. Major Resistance Levels – $37,000, $38,000 and $38,200.
A recurring narrative here is that “crypto is my only chance”. There’s a difference between crypto being your only chance and needing to 2x your entire portfolio every week. I realize that we aren’t here to be “ok”. However, it’s easy to lose sight of the big picture and start dreaming about your yacht with…
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