United24, a new fundraising platform announced recently by Ukrainian President Volodymyr Zelenskyy, accepts a number of cryptocurrencies, alongside traditional payment methods. The initiative also permits donors to choose how their money will be spent. Kyiv Launches New Platform for Donations Amid Ongoing War With Russia Ukraine, which has been increasingly relying on foreign donations to […]
The founder of the Azuki NFT project has been accused of abandoning three projects and Instagram has partnered with Dapper Labs to roll out Flow NFT support.
Asia Broadband, Inc. (OTC:AABB) is a resource company centered around the production, supply, and sale of metals, focusing primarily on Asian markets. They acquire highly prospective gold projects in Latin America and then distribute production throughout their extensive global sales network. Asia Broadband currently holds over $100 million in assets, a 500% increase from last year. The company is trading in consolidation mode and reached new highs in February, leading to the year-to-date stock being up over 1,500%. Recently, the company announced it had received $2.8 million. The source of their new capital came from four directors of Asia Broadband for the purchase of preferred shares. The 28 million non-convertible, preferred shares were issued at $0.10 per share with each share, with 100 voting rights and equal participation with common shares for all future dividends. Asia Broadband President and CEO Chris Torres purchased $2.4 million of the total preferred share issuance, stating: “Our entire management team is committed to the company’s growth and profitability and we have emphatically demonstrated this with a substantial long-term investment to fuel the expansion of our gold production and digital asset divisions. Our focus and determination to succeed in every area of the company’s business has intensified now with our capital contribution.” All capital received will be distributed among Asia Broadband’s capital expansion programs. On top of their dealing with metals, Asia Broadband also has multiple digital asset sectors, including a digital asset wallet and a gold pegged digital asset. AABB Wallet Last year, Asia Broadband launched its own digital asset wallet called the AABB Wallet. The wallet was designed to keep your digital assets secure and your data private. The AABB Wallet collects no data, and every transaction made through them is entirely invisible to third parties. The AABB Wallet is open to trades and purchases for those looking to transfer AABB Gold tokens (AABBG) to other AABB Wallet users. This is done to increase AABB Gold token circulation and generate revenue to support and stabilize the token price once AABBG is openly tradable. The wallet has many stand-out features that make it a unique option amongst other digital asset wallets. This includes instantly sending and receiving digital assets with no deposit fees and low transaction fees. The iTransfer feature allows users to securely send AABB Gold and other digital assets via email, text, social media, and more. The wallet will also be releasing a Merchant API feature which will allow B2B and B2C transactions to be made using the AABB Wallet. This feature will allow merchants to establish loyalty programs while also letting customers earn cashback. Finally, Asia Broadband is developing an online digital asset payment processing solution allowing businesses to accept global digital assets from their site. AABB Gold The previously mentioned AABB Gold is Asia Broadband’s digital asset and is backed by physical gold. Being pegged with gold allows the asset to benefit from both gold and digital asset features, ensuring it will maintain the potential for price appreciation from both markets. While AABB Gold is a traditional digital asset, it has the qualities of a stablecoin. The token’s price is supported at a minimum of 0.1 grams spot price of gold and is backed by $30 million in physical gold. AABB Gold’s most unique aspect that sets it apart from other digital assets is its vertical integration of Mine-to-Token gold-backing. Asia Broadband holds physical gold assets to entirely back the token from the mining production segment of the company. As the company progresses, it will continue to optimize its capital utilization by implementing its mining production and acquisition strategy in regions of Mexico. Also, the company’s digital asset divisions like the AABB Gold token, AABB Wallet, AABB Exchange and NFTs will continue expanding and developing at an accelerated rate as time progresses.
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Ethereum started an upside correction from $2,200 against the US Dollar. ETH might gain bullish momentum if it clears the $2,400 resistance zone. Ethereum started an upside correction above $2,300 and $2,320. The price is still trading below $2,400 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,385 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a steady recovery wave if there is a close above $2,400 and $2,450. Ethereum Price Faces Breakout Resistance Ethereum extended its decline below the $2,400 level. ETH even traded below the $2,300 before the bulls appeared near the $2,200 support zone. The price started a recovery wave above the $2,300 and $2,320 levels. The bulls pumped the price above $2,400, but they failed near $2,450. Recently, there was a fresh decline to $2,250. A low is formed near $2,263 and the price is now rising. There was a break above the $2,320 level. Ether price is trading above the 50% Fib retracement level of the recent decline from the $2,455 swing high to $2,263 low. However, it is still trading below $2,400 and the 100 hourly simple moving average. On the upside, an initial resistance is seen near the $2,385 level. There is also a key bearish trend line forming with resistance near $2,385 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com The first major resistance is near the $2,400 level. The main resistance is now forming near the $2,455 level. A close above the $2,455 level could open the doors for a decent increase. In the stated case, ether price might rise towards the $2,550 resistance. More Losses in ETH? If ethereum fails to recover above the $2,455 resistance, it could continue to move down. An initial support on the downside is near the $2,300 zone. The next major support is near the $2,260 level. The main breakdown support now sits near the $2,225 level. If there is a downside break below $2,225 and the $2,200 zone, ether price extend losses. In the stated case, it might even visit the $2,000 support. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly moving in the bullish zone. Hourly RSI – The RSI for ETH/USD is just above the 50 level. Major Support Level – $2,260 Major Resistance Level – $2,455
Russian independent media Meduza has managed to raise $250,000 in funding in order to continue providing unbiased news on the war in Ukraine.
Disclaimer: This is a financial advice but I am not a certified financial advisor. I just happened to be in crypto market since 2013. Before we dive into the why of the message above, here are the kind of things everyone needs to be EXTREMELY CAREFUL about: A lot of YouTube scammers and spammers are…
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The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022.
Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its holdings at the end of the first quarter.
Curious to see their hash rates, On a side note I was impressed by the 6950XT benchmarks on non mining tasks. submitted by /u/MuffinLoverEd [link] [comments]
