Despite the strong cryptocurrency presence, Super Bowl LVIII marked a shift in advertising trends from cryptocurrency advertising to entertainment and traditional brand promotions on financial technology topics. Rumors in the cryptocurrency community that there will be no cryptocurrency advertising for Super Bowl LVIII have been confirmed. Unlike previous years, especially the 2022 Super Bowl LVI, where crypto advertising was prominently featured by companies like FTX, led by high-profile ads featuring celebrities like Larry David, there is a significant change this year. The focus has clearly shifted away from financial technology topics and towards “fun, humor, and entertainment,” and cryptocurrency exchange…
Author: Crypto Flexs
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Bitcoin has been hovering around $48,000 since yesterday, up 11% from this time last week.As of this writing, the price of Bitcoin is $47,846.90. It fell 0.8% over the past 24 hours. However, according to Into the Block, 91% of BTC holders are still holding cash or enjoying unrealized profits. As a result, seasoned trader and Look Into Bitcoin founder Philip Swift’s advice is simple: Hoddle.Bitcoin The current market capitalization has reached approximately $940 billion. This is still 26% below the all-time high of $1.28 trillion last seen during the fall 2021 bull run.This also means that traders who bought…
Bitcoin price rose above the resistance level of $48,000. BTC tested $48,800 and is currently showing signs of a downward correction. Bitcoin price rose above the resistance levels of $46,500 and $48,000. The price is trading above $47,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trendline with support at $48,000. Unless the price closes below the $48,000 support, the pair may continue to rise. Bitcoin price turns green Bitcoin price began to rise significantly above the $45,500 resistance zone. BTC cleared several hurdles near the $46,000…
The picturesque Spanish city of Torrevieja is positioning itself as a pioneer in adopting a ‘crypto-friendly’ digital economy. The Association of Small and Medium Enterprises of Torrevieja (APYMECO) is at the forefront of this ambitious venture, with a comprehensive plan to integrate blockchain technology into the local commerce sector. APYMECO’s strategy unfolds in several stages. The first phase focuses on integrating cryptocurrencies as a medium of exchange for local commerce. The birth of the next generation cryptocurrency city? The initiative bridges the gap between the traditional and digital economies by paving the way for payment for goods and services using…
Farcaster’s total revenue reached $600,000, showing that not only are crypto individuals interested in using the platform, but they are willing to pay for it.The initial success of the decentralized social media platform is in some ways similar to that of FriendTech. When the latter was launched, it experienced several waves of interest, with fees rising significantly before interest faded and the project ultimately died out as it failed to find sustainability. Farcaster is the social platform of choice for the cryptocurrency community today, but questions remain as to whether it will find what FriendTech failed to find: longevity.Farcaster’s first…
Chainlink (LINK) has been experiencing strong positive price activity for three weeks now and is well ahead of the overall cryptocurrency market. connection Prices have skyrocketed It has risen more than 48% since January 25, surpassing $20 on February 11 for the first time since February 2022. Amid this price surge that has pushed the cryptocurrency closer to Dogecoin in the market capitalization rankings, on-chain data has shown consistent whale accumulation. One whale in particular has amassed $83.6 million worth of LINK over the past five days. Chainlink Overtakes Dogecoin in Market Capitalization Chainlink’s price movements this year are: amazing,…
Magic Square Launches Participation-Revenue Campaign with $750,000 Prize Pool – Chainwire housenewsroomMagic Square launches participatory campaign with $750,000 in prize money We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary…
Adedeji Owonibi advocates for cryptocurrency regulation in Nigeria to combat financial crime, ensure the security and scalability of the industry, and address the complexities of tracking illicit transactions. Intensifying calls for cryptocurrency regulation in Nigeria have highlighted the urgent need to address financial crime, particularly money laundering, in the burgeoning digital currency sector. Adedeji Owonibi, co-founder of A&D Forensics, has been at the forefront of this advocacy, emphasizing the role of regulation in curbing these illegal activities. His insights highlight the complexities and challenges of cryptocurrency trading and highlight the need for government intervention through regulation. Owonibi’s position on this…
“Historically, block rewards have influenced prices by introducing potential selling pressure into the market, with the possibility that every newly mined Bitcoin could be sold,” Zhao wrote. “Currently 6.25 Bitcoins mined per block is equivalent to approximately $14 billion per year (assuming a Bitcoin price of $43,000).”
Bitcoin Cash price rose more than 15%, breaking the $275 resistance line. BCH is currently facing strong resistance near $282. Bitcoin Cash price began a new surge above the $250 resistance level. The price is trading above $265 and the 100 simple moving average (4-hours). On the 4-hours chart of the BCH/USD pair (data feed from Kraken), there is a major bullish trendline forming around support at $258. A break above the $282 resistance zone could see the pair continue to rise. Bitcoin Cash Price Rally Above $270 Bitcoin Cash price began a steady rise after establishing a base above…