Crypto Crash Was Good for Industry, Weeded Out ‘Tourists’
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Kwame Oppong, an executive at Ghana’s central bank, told Cointelegraph that a CBDC could give their citizens the opportunity to use a “decent form of payment.”
With yesterday’s sale of B•E•N•O•T•A•F•R•A•I•D #1 for 8.5 ETH making waves, today has caused a tsunami with the sale of The Hands #2 for an astounding 15 ETH or $19,483. https://preview.redd.it/k21m9njjplq91.png?width=2002&format=png&auto=webp&s=2526de72e95ca929ab7cb8f3c94f9373f395d885 https://opensea.io/assets/matic/0x8d0501d85becda92b89e56177ddfcea5fc1f0af2/1 The Senses has long been the most sought after NFT Collectible Avatar collection and has seen record sales consistently. The Hands is the…
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The digital asset platform was majorly focused on acquisitions and sponsorship deals through the bull market, but now the focus seems to have shifted towards expansion, especially in Europe.
Bitcoin was back in the red on Wednesday, as U.S. Federal Reserve Chair Jerome Powell called for more regulation in decentralized finance (defi), citing “structural issues” as a key reason. The token fell below $19,000 on the comments, moving closer to a key support point as a result. Ethereum also slipped following yesterday’s rebound, with […]
Coral is the creator of the Anchor development framework, which provides boilerplate smart contract tools and other resources for Solana devs.
The Cardano price has followed the general sentiment across the market and traded to the downside over the past week. The cryptocurrency lost its spot as one of the valuables in the crypto top 10 by market capitalization and could be poised to see further losses. Related Reading: Ep01- Dr. Ruja – Companion Guide For BBC’s “The Missing Cryptoqueen” Podcast At the time of writing, the Cardano price trades at $0.43 with a 6% loss and 2% loss over the last 24 hours and 7 days, respectively. As ADA trades to the downside, some major cryptocurrencies have been able to score profits and are showing strength against the general market sentiment. Charles Hoskinson Celebrates, While The Cardano Price Stalls The Cardano price weakness is more evident as the cryptocurrency failed to react to recent events that were prompting bullish expectations for market participants. First, is the Ethereum “Merge”, the event that completed its transition to Proof-of-Stake (PoS). “The Merge” failed to provide bullish momentum for PoS cryptocurrencies, such as Cardano. In step, Proof-of-Work (PoW), such as Ravencoin (RVN) and Ethereum Classic (ETC), benefited from the anticipated post-Merge rally. In addition, the Cardano network was preparing to deploy a major update on its mainnet via a Hard Fork Combinator (HFC) event called “Vasil”. One of its most important milestones since the implementation of smart contract capabilities with HFC “Alonzo”, the recent upgrade was overlooked by market participants. Across social media, the Cardano community celebrated the network’s fifth birthday. Its inventor Charles Hoskinson posted a celebration video via Twitter, but again this event failed to provide bullish momentum for ADA’s price action. Hoskinson said the following on the network’s growth since its inception: There are over 3,228 smart contracts to our knowledge that have been deployed on Cardano, and as of September 15, 2022, 50 million transactions. Where we regularly are in the top three to top five of transaction volume on a daily basis and usually are number one for GitHub commits (…) Who Is Contributing With The Selling Pressure For The Cardano Price? The Cardano price has been stuck in its current levels forming a channel with a bottom at $0.43 and a top at $0.51. This channel was created in late August, and if bulls can defend these levels, ADA’s price might enjoy a late birthday rally and aim for $0.51 or beyond if the momentum allows it. However, with the crypto market showing weakness and with current macro conditions proving unfavorable for risk-on assets, ADA might break out of this channel and trend lower. In order to prevent this scenario, the Cardano price must stay above $0.41. Related Reading: Fantom Surprises With 5% Rally In Last 24 Hours – More Gains Ahead? Data from Material Indicators shows that investors with selling orders of $1,000 to $10,000 have been dumping ADA over the past weeks. In addition, the Cardano price has seen low buying pressure from other investors. This status quo must change to support the price and aim for $0.51.
Is Dr. Ruja Ignatova the cryptocurrency world’s biggest scammer? The competition is fierce, there are so many faces and stories fighting for that spot, but none of them is on the FBI Most Wanted List. Dr. Ruja is. Great, but, why is NewsBTC revisiting the 2019 true crime podcast “The Missing Cryptoqueen”? Because Jamie Bartlett, the journalist behind the project, just released a new episode. Episode 10 of The Missing Cryptoqueen is now out. The hunt it back on: Israel, Dubai, Luxembourg, The Eurovision Song Contest & Krispy Kremes. Sorry, it’s taken me & @GeorgiaJCatt a while. And welcome to our new teammate @ByrnesyGsy! https://t.co/bfZWgBqeeP — Jamie Bartlett (@JamieJBartlett) September 28, 2022 Is there new information? Did they FIND Dr. Ruja Ignatova? The only thing we know for sure is that there’ll be a few new episodes, and that’s all we needed to hear. A BBC production, “The Missing Cryptoqueen” features various music and sound design, witness testimonies, interviews, and sound bites. There’s even original music in this podcasting extravaganza. Related Reading: How Bitcoin Phishing Scams Are Stealing Millions NewsBTC will produce companion pieces for each of “The Missing Cryptoqueen’s” episodes. With summaries, quotes from the episode, and extra material from all over the web, this is the feature you people didn’t know you needed. Have this window open as you listen to each episode, it’ll enhance the already phenomenal experience. You can download episodes directly at the BBC, or listen to “The Missing Cryptoqueen” through Apple, Spotify, or iVoox. About Episode One – Dr. Ruja This is the introductory episode, it presents Dr. Ruja Ignatova and the OneCoin world. We feel the size of the scam, we hear from the people that fell for it and the voices of the true believers. It begins with Bitcoin and Satoshi Nakamoto’s story, goes to a OneCoin seminar in Mbarara, a town in Western Uganda, and ends with Dr. Ruja’s disappearance in October 2017. In “The Missing Cryptoqueen’s” first episode we can also see what a charismatic leader could do with bitcoin’s story and narrative. If Dr. Ruja Ignatova didn’t plagiarize it, she at least was heavily inspired by Satoshi Nakamoto’s mystique and discourse. Using quotes from her speeches, we hear Dr. Ruja speaking about a rotten financial system and corrupt banking institutions. About the possibility of banking the unbanked and what that would do for the world. About bitcoin’s pizza day story and how that could happen to OneCoin holders. However, Dr. Ruja’s OneCoin was better than bitcoin. It was here to replace it, in fact. Whenever you hear that, run. That should’ve been the witnesses’ first warning. In episode one, we hear about the OneLife network. The social part of the scam. We hear from a UK victim who assisted to the webinars, from a OneLife employee and insider, and we listen to an African song about OneCoin. There’s emotion in all of their voices. And an open wound. Near the end, we hear about 2017 and Dr. Ruja’s disappearance from people that were there at the scene. What happened? So far, there are nine more episodes of BBC’s “The Missing Cryptoqueen.” Let’s hope we get an answer to that question. BTC price chart for 09/28/2022 on Bitstamp | Source: BTC/USD on TradingView.com Quotes From Ep. 01 – “Dr. Ruja” “Then, in late 2017, Dr. Ruja disappeared. One of Europe’s richest women, a woman who seemed destined to change the world had vanished.” “It was impossible not to be impressed by Dr. Ruja. She appeared on the front cover of prestigious business magazines, she has degrees from Oxford and Konstanz University and is fluent in several languages.” “Thousands of people were filling stadiums to hear Dr. Ruja talk, to buy OneCoin and join this financial revolution.” “But in October 2017, there was a big OneCoin event in Lisbon, Portugal and Dr. Ruja was scheduled to speak.” Extra Material And Episode Credits This guide’s extra material comes courtesy of the podcast series’s IMDB page. In the description, IMDB gives us a good overview of what to expect from “The Missing Cryptoqueen.” “Dr Ruja Ignatova called herself the Cryptoqueen. She told people she had invented a cryptocurrency to rival Bitcoin, and persuaded millions to join her financial revolution, investing billions. Then she disappeared. Why? Jamie Bartlett spent months investigating how she did it for the Missing Cryptoqueen podcast, and trying to figure out where she’s hiding.” Related Reading: Apple Co-Founder Loses Lawsuit Against YouTube Over Crypto Giveaway Scams This 2019 clip with producer Georgia Catt also qualifies as a trailer for what’s to come: “She created this vision of herself using a bit of truth and a bit of fabrication, to create a convincing business genius…” Where is the missing cryptoqueen? @georgiajcatt, @JamieJBartlett & @TinaDaheley discuss on @BBCRadio4's #BeyondToday podcast 👉https://t.co/UMghdnRpP4 pic.twitter.com/pWTwAKEzKP — BBC Sounds (@BBCSounds) September 24, 2019 And finally, the episode’s credits: Presenter: Jamie Bartlett Producer: Georgia Catt Story consultant: Chris Berube Editor: Philip Sellars Original music and sound design: Phil Channell Original music and vocals: Dessislava Stefanova and the London Bulgarian Choir You’re part of NewsBTC’s “The Missing Cryptoqueen’s” listening group by just reading these guides. Let’s explore Dr. Ruja Ignatova’s world together. Featured Image: “The Missing Cryptoqueen” logo from the BBC’s site | Charts by TradingView
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