Bitcoin Industry

2022-08-15 20:30:00 ​ Only 2 Days Until Battle Infinity ($IBAT) Is Listed PancakeSwap

Battle Infinity ($IBAT) Will Be Listed PancakeSwap On August 17th at 16.00 UTC

GET YOUR HANDS ON IBAT TOKEN - After Selling Out Their Presale 65 days early & Raising 16500 BNB. The IBAT token will now be listed on PancakeSwap!

You Don't Miss Out on this gaming revolution with Battle Infinity, a P2E NFT gaming platform for creators & gamers.

TOKEN INFO:
To prepare for the IBAT launch on PancakeSwap buyers will need a MetaMask wallet – which can be downloaded from MetaMask.io or a Trust Wallet.

IBAT runs on the Binance Smart Chain and the Token symbol: IBAT
Contract: 0x19cd9B8e42d4EF62c3EA124110D5Cfd283CEaC43

The IBAT listing price will also be announced on the same day.

Rug-pull protected - KYC’d on Coinsniper
Solid Proofaudited smart contract

Don’t miss your chance to enjoy Battle Infinity world to the fullest!

JOIN OUR TELEGRAM & GET READY FOR THE PANCAKESWAP LISTING Open / Comment

2022-08-15 20:00:06 ​Crypto Rally Over For Now?

With bitcoin being rejected once again from the $24,400 resistance level, and ethereum enduring the same fortune from the $2,000 resistance, it does look as though the current crypto rally has possibly run out of steam for the time being.

The crypto rally out of an extremely severe downturn has been a very welcome relief for many holders of cryptocurrencies. From the very top in late November last year, crypto has dumped hard with the exception of a rally between the end of January and into April.

When bitcoin reached a bottom of $17,500 it seemed as though the price was never going to stop going down. Some commentators suggested that true capitulation was never reached, but from a technical analysis perspective the price had reached an extremely oversold level.

$17,500 did turn out to be a bottom. Whether this is just a local bottom, or whether the price might go down even further is yet to become apparent.

However, all good things generally come to an end, and it might be argued that the current rally has run its course. On the daily and weekly timeframes for bitcoin the Stochastic RSI is topping out, pointing to an overbought situation.

Bitcoin has been climbing higher within the confines of an upward-rising wedge, and this is a strong bearish pattern. From a TA perspective, there is a far more likely scenario that bitcoin breaks down out of the pattern. Should such a scenario unfold, then bitcoin could well revisit the $17,500 low.

Ethereum, which is seen as the cryptocurrency that has most contributed to driving the entire crypto market higher, given the impending proof-of-stake merge in September, is in a similar situation to that of bitcoin.

The number 2 ranked cryptocurrency is also in a rising wedge, and the price is closing in towards the point of the wedge, which could continue over the next week or so before breaking in either direction.

It might be imagined that both bitcoin and ethereum break down soon and bring the rest of the crypto market with them. However, we all know that the market will take the path that is least expected.

More price action needs to unfold before we know whether the pull-back is just that, or whether it turns into a full-scale reversal. Nevertheless, even if a big reversal does take place, look for bitcoin and ethereum to come back strongly given the lack of options in most other asset classes. Open / Comment

2022-08-12 22:00:04 ​​Huobi co-founder reportedly looks to sell majority stake valued at over $1B.

Huobi co-founder Leon Li reportedly informed about his decision to other backers of the company in a July shareholders meeting.

Leon Li, the co-founder of global crypto exchange Huobi, is reportedly in talks to sell the majority of his stake in the company, which could be valued at over $1 billion.

Li reportedly had discussions with multiple financiers seeking to offload a 60% stake in the crypto company, which could be valued at over $1 billion and some believe could fetch as high as $3 billion, reported Bloomberg.

A Huobi spokesperson confirmed to Bloomberg, without disclosing details, that the co-founder is engaging with numerous international giants to sell his majority share in the crypto exchange.

Li reportedly informed other backers of the company of his decisions during a shareholder meeting in July this year. Li has transferred his CEO duties to Hua Zhu to focus on his health.

The report also claimed that global crypto exchange FTX and Tron founder Justin Sun were some of the early investors in talks with the Huobi co-founder. Huobi didn’t respond to Cointelegraph’s requests for comments at press time.

The report also claimed that the deal could be finalized by the end of this month. Once completed, it could be one of the biggest deals since the crypto market turmoil that started in May this year.

The market downturn has also turned into an opportunity for crypto giants such as FTX, which has committed $1 billion in the bailout of crypto exchanges tstruggling to remain afloat due to heavy losses and lack of capital.

Huobi was founded in 2013 and currently accounts for more than $1 billion daily trading volume. The crypto exchange gained popularity following the closure of BTCC and soon became the hub for Chinese crypto traders. The exchange eventually closed its operations for Chinese users after the Beijing government deemed all crypto transitions illegal and banned foreign exchanges from offering their services.

Huobi has made significant expansion internationally ever since the Chinese government ban as it acquired licenses in Dubai and New Zealand, followed by a license from the United States Financial Crimes Enforcement Network (FinCEN). Open / Comment

2022-08-09 20:00:09 ​Bitcoin dominance hits 6-month lows as metric proclaims new 'alt season'.

Bitcoin (BTC) is facing fresh competition from altcoins this month as data shows that — technically — it is already "alt season."

Figures from CoinMarketCap and TradingView show that BTC currently makes up around 41% of the overall crypto market capitalization — its lowest since the start of 2022.
After suffering at the hands of the Terra LUNA — now renamed Terra Classic (LUNC) — collapse, altcoin markets have rallied considerably in recent months.
Alongside Bitcoin's return from 18-month lows of $17,600 in June, altcoins have enjoyed their own renaissance, one tha is now giving Bitcoin bulls a run for their money.
According to CoinMarketCap, Bitcoin's market cap share is now at its lowest since mid-January, with the largest altcoin Ether (ETH), in particular, stealing the limelight in recent weeks.

From lows of 14.3% on June 19, Ethereum's market cap dominance now stands at 19%.

The case for altcoin bets is further bolstered by a dedicated metric tasked with calling "altseason" — a period where altcoins outshine Bitcoin as investments.

With a normalized score of 94/100, the Altcoin Season Index is currently flashing its most convincing altseason reading since June 2021.

The closer to zero the score is, the more the metric favors Bitcoin over altcoins. Alt season is called once "75% of the Top 50 coins performed better than Bitcoin over the last season," its description explains, adding that a "season" equates to the past 90 days. Open / Comment

2022-08-07 16:00:07 TAMADOGE BETASALE IS SMASHING IT!

$470,000 USDT+ worth of TAMADOGE sold in just a week – and presale hasn't started yet!

Due to utilities unlike other “Doge”. Its a deflationary token! NFT project to own your own AI Tamadoge that you can look after (feed, walk and sleep)

PRESALE INFO: Beta Sale Price 0.01 ETH (No vesting period)
Minimum purchase: $10
Maximum purchase: None
Connect your wallet at https://bitesly.io/box_5a66b923931a8851e48a252348c79bc5
Beta Sale started 25th July 2022
30 days left. Selling out fast!
50% of 2 Billion token supply on sale now
LBANK listing confirmed (with more CEX Lisitings on the way)
Tamadoge Runs on Ethereum Network
25% cheaper during the Beta Sale (Dont Miss Out!)
Tamadoge contract address: 0x12b6893cE26Ea6341919FE289212ef77e51688c8
Rug-pull protected - KYC’d on https://coinsniper.net/coin/3709
Security audited: https://tamadoge.io/wp-content/uploads/2022/07/SolidProof-TamaDoge.pdf Open / Comment

2022-08-06 20:00:08 ​​Senate bill seeking CFTC oversight over bitcoin, ether could ‘free up billions’ of dollars.

A bill introduced by a handful of U.S. senators looking to empower the Commodity Futures Trading Commission to regulate bitcoin (BTC-USD) and ethereum (ETH-USD) would deem the two largest cryptocurrencies by market cap as so-called digital commodities in a move that could “potentially free up billions of capital” into them, said Marcus Sotiriou, an analyst at digital asset broker GlobalBlock.

If the proposed bipartisan legislation, aka the Digital Commodities Consumer Protection Act, were to take effect, “it would mean that these BTC and ETH are the only cryptos that are not able to be classified as securities, which would remove a significant concern for side-lined institutions,” Sotiriou wrote in a note on August 4.

The key part of this bill is that bitcoin (BTC-USD) and ether (ETH-USD) would not be classified as securities. Generally, if a digital token were categorized as a security, crypto exchanges such as Coinbase Global (COIN), for example, would likely find themselves burdened since they would have to then register with the Securities and Exchange Commission for listing securities, and would have to pay fines if they didn’t, Sotiriou explained to Seeking Alpha via email.

“Therefore, the Ethereum (ETH-USD) token’s price would likely fall due to exchanges delisting it, to avoid facing fines for breaking securities laws,” he added.

Meanwhile, Senate Agriculture Committee Chairwoman Debbie Stabenow (D-MI) and Sen. John Boozman (R-AR), both of whom are sponsoring the measure among a total of four senators, are seeking to close regulatory gaps in the crypto space by putting the derivatives regulator at the forefront of monitoring bitcoin (BTC-USD) and ether (ETH-USD) as well as digital commodity platforms, including trading facilities, brokers and custodians.

“One in five Americans have used or traded digital assets — but these markets lack the transparency and accountability that they expect from our financial system. Too often, this puts Americans’ hard-earned money at risk,” Stabenow said in a statement after unveiling the bill on Aug. 3. “That’s why we are closing regulatory gaps and requiring that these markets operate under straightforward rules that protect customers and keep our financial system safe.”

As headlines over the past year have shown, SEC Chair Gary Gensler has been quite vocal about wanting to apply traditional disclosure and anti-fraud provisions to cryptos. While he previously contended that bitcoin (BTC-USD) is a commodity, Gensler told CNBC early in 2022 that "it's about bringing it crypto into the securities laws and, unfortunately, way too many of these are trying to say 'well, we're not a security, we're just something else.'" Open / Comment

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2022-08-05 14:00:11 ​Hey everyone,
APIZ here!

We’d like to remind you that we are the world’s first project aimed at tokenising a living being! Particularly, tokenising a bee!

We’re delighted to announce that we gained over 30 thousand followers in our social media channels and even managed to get a shout out from Bloomberg!

Right now, we’d like to present our unique roadmap - a merger of blockchain, innovative tech (telemetry), agriculture and animal husbandry. Its purpose is to unify all the key aspects of our ambitious project and streamline its development.

The roadmap covers all four of those directions and intend to reach a broader audience. It’s a synergy between the four, with a 10-year long lifecycle. By the end of this decade-long journey, we intend to not only revolutionize crypto markets and beekeeping – we also aim at popularizing honey consumption as much as possible. After all, it’s a sustainable and much more beneficial option than sugar.

Our end goal is increasing the efficiency of a bee tenfold! That way, we’ll have a unique possibility to redefine all beekeeping boundaries on our own terms.

You may follow the link below to learn more about our roadmap:
https://apiz.digital/roadmap

Our Telegram Channel:
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Websites:
https://apiz.digital/
https://ganeapi.com/ Open / Comment

2022-08-03 22:00:05 Around Half A Billion Liquidated From Crypto Market Amid Recovery

The Global crypto market cryptocurrency cap surged by around 3% over the last day to stand at $1.09 trillion. At the same, the traders have liquidated a huge amount of money from the market.

According to Coinglass, a total of $499 million has been liquidated in the last 24 hours by more than 128.7K traders. The majority of the liquidation has come from Ethereum (ETH).

Read more https://coingape.com/around-half-a-billion-liquidated-from-crypto-market-amid-recovery/ Open / Comment

2022-08-01 16:00:07 Lucky Block V2 has completed it’s listing on LBank and has seen a huge surge in volume and a 250% increase in price in the first couple of days and is expected to continue rocketing !

This tax free version of Lucky Block is perfect for traders looking to take advantage of a token about to be listed on the largest global exchanges

Following the hugely successful LBank listing, $LBLOCK V2 is now live on MEXC Global

Additional CEX announcements are due to be announced in the coming days and weeks, with several top 10 exchanges planning to go live

Now is an opportunity to buy a token with a huge community and a great platform, with the backing of the largest crypto marketing agency globally

We all know what CEX listings do for small cap tokens so don’t miss out on the best bear market opportunity you’ll get

Lucky Block is going to the moon - jump in before it's too late!

BUY ON MEXC GLOBAL NOW
BUY ON LBANK NOW
CHECK OUT THE WEBSITE Open / Comment