New scam going around
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submitted by /u/astrophoto19 [link] [comments]
NEAR rose to its highest level since last Thursday, as prices rebounded from recent lows. SAND and RUNE also climbed from long-term support levels on Tuesday, with RUNE rising by over 20% in today’s session. THORChain (RUNE) RUNE was easily one of the biggest gainers during today’s trading session, as it separated itself from AXS, […]
Robinhood has renewed its global expansion plans by acquiring the British crypto firm Ziglu after aborting its U.K. expansion back in 2020.
The masses are bearish on Bitcoin. The market is convinced that prices below $30,000 will be revisited given the continued weakness in the top cryptocurrency by market cap. All eyes are on the massive “bear flag,” but could it instead be a bear trap? Bitcoin price continues to grind along a decade long parabolic trend line that in the past has put in several mid- to long-term bottoms. Here is a closer look at a currently unbroken trend line that BTCUSD must hold for continued parabolic momentum and what it could mean if we get a bounce from here. Unbroken Decade-Long Parabolic Bull Trend Readies Base 4 If you ask around, most people will explain with certainty the several reasons they have for why Bitcoin is destined for sub-$30,000. Meanwhile, the price per BTC is grinding along a parabolic support line that over the last decade has proven to put in bottom after bottom. Related Reading | Bitcoin Bear Market Comparison Says It Is Almost Time For Bull Season The cryptocurrency became a household name in late 2017 due to its parabolic rally that eventually broke down and took the price per cryptocurrency back to $3,200. The retest of that level on Black Thursday only added to the base-building in the chart below. Attention, base 4. Are we cleared for liftoff? | Source: BTCUSD on TradingView.com Comparing the curved, decade-long trend line with the parabolic curve pattern pictured above, there is a chance base 4 is in the process of being built. Between base 3 and base 4, the parabolic asset – BTC in this case – doubles in value in a very short time. From late 2020 to April 2021, Bitcoin price grew over six to twelve times in value during what would have been the run up from base 3 to base 4. According to this diagram, base 4 is also quite steep, allowing price to climb dramatically higher. The only problem is, this final base, if valid, suggests the end is near for this decade-long bull trend line. With a parabolic trend line violated, the top cryptocurrency by market cap could plunge as much as 80% from whatever highs are set. Past bear markets have resulted in more than 84% declines from top to bottom. Parabolic rallies also tend to break down faster than it took to climb – similar to a rollercoaster’s anxiety-inducing ascent, followed by a speedy plunge and the ride is over until you decide to get on once again. “Bulls take the stairs, bears take the elevator” On-chain signals support a bottom at this level | Source: Glassnode On-Chain Signals Support Bitcoin Bottom At Current Levels On-chain signals, like entity-adjusted dormancy flow exhibit similar signs of accumulation going on as other moments Bitcoin put in a significant bottom. Several of these on-chain bottoms arrived precisely as the price per BTC touched down on the parabolic trend line. Related Reading | Crypto Mimics Textbook Market Sentiment Cycle, What Happens When Confidence Returns? Could this be a mere coincidence, or is there more validity that this parabolic trend line holds, a new base is build, and the final phase of the Bitcoin rally begins? Follow @TonySpilotroBTC on Twitter or join the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com
Basically title. I’m quite new and just staked my eth on rocketpool. I’m looking for a way to potentially add more yield on my reth on defi. This wsteth-reth pool on curve only got 0.03% apy. From my finding, best option is this reth-weth pool on balancer which got 8-20% apr on the LP tokens…
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Following recent losses, BTC rallied on Tuesday, as bulls appeared to have returned to cryptocurrency markets. In addition to bitcoin, ETH also moved away from yesterday’s low below $2,900, with price now hovering close to $3,100. Bitcoin After several days of bearish pressure, cryptocurrency prices finally rallied on Tuesday, with BTC climbing back above $41,000. […]
Hey all! I got a message a few weeks ago by the user: https://www.reddit.com/user/jennalouisseI filed a report to Reddit to take down this user for selling an other artist's NFT. They told me only the original artist can file such reports… Decided to dropp all info I got here, just as a reminder to stay…
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submitted by /u/Horror-Set-7175 [link] [comments]
Game of Silks (Silks), the first-of-its-kind derivative play-to-earn (P2E) metaverse featuring derivative NFTs, has successfully secured $2 million in funding. This fresh capital injection comes just weeks ahead of the Kentucky Derby and the upcoming launch of Silk’s first NFT collection. Tropical Racing Inc., a premier thoroughbred horse breeding and racing company, is among the many companies offering strategic and financial support to the Silks project. Troy Levy, the CEO of Tropical Racing Inc. and the co-founder of Game of Silks, explains, “The transaction announced today with Game of Silks represents a unique opportunity for Tropical Racing and our shareholders. We’re optimistic that this partnership has the potential to accelerate Tropical’s growth, while also introducing the thoroughbred horse racing industry to the next generation of sporting enthusiasts.” The Silks team is also preparing to launch its first-ever NFT offering called the Silks Genesis Avatar Collection on April 27, 2022. Silks Avatars will represent a user’s unique identity and ownership of their in-game assets within the Silks metaverse, making them a critical component of the Silks ecosystem. Users can gain early access to Silks Genesis Avatar Mint via the Silks website or obtain whitelist access through Silks Discord prior to the sale. Thoroughbred Horse Racing Arrives In The Metaverse At its core, Silks is an immersive, skill-based, and innovative P2E game that aims to promote racehorse ownership for the masses while gamifying the entire experience through NFTs, in-game rewards, and its native tokens $SLK and $STT. Founded in June 2021, Game of Silks is a derivative blockchain-based metaverse with a native play-to-earn (P2E) economy that aims to make owning thoroughbreds and horse farms accessible to anyone. Accordingly, each Silks NFT is a tokenized clone of the top one-year-old thoroughbred racehorses registered in the United States. All Silks NFTs will be used to track the bloodlines, training progress, and racing performance of the real-world horses, rewarding NFT owners with in-game tokens and other benefits as the actual horses win races and breed offspring. The Silks NFTs offered are organically scarce, meaning that while other projects can mint as many NFTs as they want, Silks NFTs are delimited by the number of actual horses in the real world. As a result, the Silks team can’t manipulate the market or dilute the value of circulating NFTs. Additionally, Silks also includes its own DAO (decentralized autonomous organization), thus ensuring that all of the revenue is shared with the community members. Highlighting the support from a premier thoroughbred horse breeding and racing company Tropical Racing Inc., Game of Silks CEO and Co-Founder Dan Nissanoff notes, “I am excited to have a strategic investor like Tropical Racing as an early investor in our round…They bring deep industry expertise and a valuable network critical to the execution of a derivative metaverse project like ours.”