__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__
Advertise with us
__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__
About
__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__
Contact
__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__

1ST FEBRUARY LATEST CRYPTO NEWS DIGITAL MAGAZINE

Veteran trader Peter Brandt hinted in a tweet that it may be time to buy Bitcoin. He said when everyone is uber bullish and expecting a massive surge in prices, it is usually a time to sell and when the same bulls turn into bears and predict a crash, it could be time to buy. However, JPMorgan analysts had a differing view about the recent price crash.

They believe the heightened volatility in Bitcoin could hinder institutional adoption. The analysts who had previously projected a target of $150,000 for Bitcoin, assuming “that the Bitcoin to gold volatility ratio will fall to around 2x later this year” have revised their targets lower.

“Our fair value for bitcoin based on a volatility ratio of bitcoin to gold of around 4x would be 1/4th of $150,000, or $38,000," JPMorgan said, Business Insider reported

We had said in our previous analysis that Bitcoin was oversold and could be ready for a bounce to the breakdown level of £29,000 and that is exactly what happened. The BTC/GBP pair has been facing stiff resistance at £29,000 but a positive sign is that the bulls have not ceded ground. This indicates that traders expect a break above £29,000.

If that happens, the pair could rally to the 50-day simple moving average (SMA), which may again act as a stiff resistance. A break and close above this resistance will signal a possible change in trend. Contrary to this assumption, if the price turns down from the current level, the bears will sense an opportunity and try to pull the pair to £26,000 and then retest the January 24 intraday low of £24,450.

If the next dip holds above £26,000, it may signal that a bottom is in place. We suggest traders wait for the confirmation of a bottom before jumping in to buy.

Lastly please check out the advancement’s happening in the cryptocurrency world.

Enjoy the issue!


– Meld
– Maxxer
– PHANTA BEAR
– Chosen Ones
– bitcci
– Mine Network

– Faith Tribe
– Fren
– Onino
– Digital Arms
– Hubble Protocol

CRYPTO TRADE OPPORTUNITIES

BITCOIN – BTC/GBP

We had said in our previous analysis that Bitcoin was oversold and could be ready for a bounce to the breakdown level of £29,000 and that is exactly what happened.

The BTC/GBP pair has been facing stiff resistance at £29,000 but a positive sign is that the bulls have not ceded ground. This indicates that traders expect a break above £29,000. Read more

ETHEREUM – ETH/GBP

In Ether also we had projected the start of a relief rally which could reach the downtrend line and that is what happened. On three previous occasions, the price turned down from the downtrend line, suggesting that bears aggressively defend this level.

Both moving averages are sloping down and the relative strength index (RSI) is in the negative zone, indicating that bears have the upper hand. Read more

RIPPLE – XRP/GBP

XRP attempted a recovery on January 26 but the bulls could not sustain the higher levels as seen from the long wick on the day’s candlestick. However, a positive sign is that buyers have not allowed the price to dip below £0.43 for the past few days.

This increases the likelihood of a relief rally to the overhead resistance at £0.51. The downsloping moving averages and the RSI in the negative territory indicate that bears have the upper hand. Read more

CARDANO – ADA/GBP

Cardano has been trading in a tight range for the past few days, suggesting that both the bulls and the bears are playing it safe. Usually, tight ranges resolve with a strong trending move.

The positive divergence on the RSI suggests that the selling pressure could be reducing. That implies the possibility of a move higher.  Read more

BINANCE – BNB/GBP

Binance Coin bounced off the strong support at £247, suggesting that bulls are defending this level aggressively. The buyers will now try to push the price to the downtrend line, which is a key resistance to watch out for.

If the price turns down from the downtrend line, the bears will again try to pull the price to £247. A break and close below this support could signal the resumption of the downtrend.   Read more

Subscribe to the latest crypto news digital magazine for the latest updates about profit and loss in cryptocurrency.

bitcci: IEO & Listing on 1st March, 2022

Founded in 2017 by Christoph Elbert, Swiss blockchain business bitcci consists of a group of publicly-traded companies. With the creation of an ecosystem that fosters transparency, innovation, and compliance in the escort sector, bitcci has set the pace.

bitcci’s Initial Exchange Offerings are scheduled to be listed on leading exchanges, making them a reliable investment. At this time, bitcci Group AG is preparing to start the IEO on 1st March 2022. The IEO will be available exclusively on 10 crypto exchanges. The powerful exchanges in the list are Coinsbit, Indoex, p2pb2b, Dextrade, and Finexbox. Other exchanges will be announced shortly. Furthermore, all of these exchanges are secure, so the users do not have to be concerned about their information getting into the wrong hands.

When it comes to the sex industry, bitcci revolutionises it, tokenising it, and you will benefit from it. The company has built an ecosystem that includes nightclubs, portals, apps, cloud services, and a blockchain-based payment system. Additionally, bitcci has added new services, including bitcci.tv. On bitcci.tv, they will broadcast cryptocurrency news, keeping you up-to-date with the cryptocurrency market. Furthermore, to attract potential investors, the company has already put up 200 big street banners around the Crypto Valley hot spots.  Read more

 

Good Gamer Signs Agreement With Fork Gaming to Develop and Launch Play-to-Earn NFT Game Franchise, Chosen Ones

VANCOUVER, BC, February 1, 2022 – Good Gamer Entertainment Inc. (TSXV:GOOD) (OTC:GGAMF) (“Good Gamer” or the “Company”), a real-money skill-gaming operator and games developer, is pleased to announce that it has signed a master services and license agreement (“MSA”) with Sig Capital Inc. dba Fork Gaming (“Fork Gaming”).  Under the terms of the MSA, Good Gamer will develop multiple blockchain applications to create the Chosen Ones non-fungible tokens (“NFTs”), artwork, characters and a Play-to-Earn (“P2E”) NFT-based blockchain game.  Fork Gaming will become the exclusive publisher for the Chosen Ones franchise.

Under a non-exclusive license granted to Fork Gaming, Good Gamer is developing the following for Fork Gaming: Read more

Fren, a social token leveraging on DeFi

Fren tokens are the native tokens on the Fren platform and can be purchased from exchanges such as Polonies, BKEX, dextools.io and Uniswap. You’ll need to sign up on these exchanges so you can create orders from there if you want to purchase these tokens. You will get automatically enlisted into the Fren community once you have the tokens. This is an online community of likeminded friends. The guiding ethos in this community is to learn together, play together and invest together. It should be known that anonymity and decentralisation are the backbone of this community. Being a social community governed by social tokens, it means that all the decisions made are to be decided collectively as a community.

There are four distinct services that can be accessed by the Fren token. First, having access to the Fren token means that you become an automatic member of the community. This means that you share in the same vision as other community members. You therefore become a member of the FrenDAO. This is the governance body of the platform. As a member of the DAO, you get to decide on the direction of the platform and which products are to be given priority. You also decide how the funds are to be used. Finally, you get to decide on the various forms of rewards that are going to be given in the community. All this is done through a vote. The more tokens you have, the more power you’ll have in voting. This is called Fren power.  Read more

 

The Most Expensive Phantabear NFTs Ever Sold

 

The burgeoning market of non-fungible tokens or NFTs is attracting new stakeholders every day – from artists to billionaire investors – more so, because of the surging prices of some of the popular NFTs that have helped churned out new millionaires.

What is different and new is that the significant price surges of some of the NFTs are happening within days and weeks of their public launches instead of months and years earlier. One such NFT project is the Phanta Bear NFT project that is not even a month old but prices of some of their 10,000 NFTs have already zoomed several times from their floor prices.

The Phantabear project was jointly launched by Jay Chou’s PHANTACi and Ezek. It is a collection of 10,000 algorithmically generated digital collectibles that double up as membership to the Ezek Club. Each Phantabear has a unique set of traits and unlocks varying levels of access and perks for the owners. Read more

COVID restrictions stymie digital yuan rollout at Beijing Winter Olympics

Restricting the number of spectators at the major international sporting event will “likely further delay the mass adoption of the digital currency,” according to the Foundation for Defense of Democracies’ Craig Singleton. Though athletes and support staff arriving for the Beijing 2022 Olympics still have the option of using digital currency for payments at many venues, the international test run of China’s CBDC is reportedly facing hurdles due to the pandemic.

Money Laundering Accounts for Less Than 1% of All Crypto Transactions Last Year

New data from Chainalysis reveals that while money laundering schemes involving digital assets rose last year, they still comprise a tiny fraction of overall crypto transactions. In a new report, the market analytics firm finds that while 5% of the global gross domestic product is laundered every year in fiat currency, just 0.05% of all crypto transactions involve money laundering. “Overall, cybercriminals have laundered over $33 billion worth of cryptocurrency since 2017, with most of the total over time moving to centralized exchanges.

Terra Recovers As It Posts 10% Gain In The Last 24 Hours

The price of Terra has been choppy in the past few days despite the broader market regaining back it’s strength slowly. In the last week, the coin plunged by almost 30%. At press time, LUNA was priced at $50.72. Earlier yesterday, LUNA attempted to trade above the $52 price mark. The global cryptocurrency market cap was at $1.83 Trillion after an increase of 1.6% in the last 24 hours. Trading volume of Terra also depicted an appreciation by 75% at press time. This rise in trading volume could be tied to resurgence of buying strength in the market.

Apple: The Metaverse “is very interesting to us and we’re investing accordingly”

The Metaverse has a lot of potential, according to AppleCEO Tim Cook, and Apple sees the exuberant expansion of the technology as “very interesting”. During its Q1 2022 earnings call last week, Apple CEO Tim Cook was asked a question on Apple’s stance on the metaverse, how the company is thinking about the metaverse opportunity and Apple’s role in the metaverse market. The answer CEO Tim Cook gave was quite positive, pointing to Apple’s interest in the space and revealed the fact that the company is investing in the metaverse space. 

El Salvador’s President Optimistic About Bitcoin, Predicts “Gigantic Price Increase

El Salvador’s president Nayib Bukele has been ever hopeful and positive about Bitcoin and its value as a digital asset. Despite Bitcoin’s squally price movements in the past few weeks, Nayib Bukele believes that it is only a matter of time till Bitcoin registers a massive price growth. He took to Twitter to speak about how demand for Bitcoin would soar while there wouldn’t be enough supply of the digital asset. This tweet was seen floating all across social media right after the International Monetary Fund advocated against Bitcoin’s status as a legal tender.

Unpacking Arizona’s Bitcoin Legal Tender Proposal

The game theory around states like Texas and Arizona working toward pro-BTC policies. This episode is sponsored by Nexo, Abra and FTX US. Download this episode On today’s episode, NLW looks at a proposal moving through Arizona’s state Senate to make bitcoin legal tender. He explores:

Payments Giant Visa Says Crypto- Related Transactions Skyrocketing in Fiscal First Quarter of 2022

Global payments titan Visa says that the usage of cards funded by crypto assets has surged in the fiscal first quarter of 2022. CNBC cites Visa’s most recent earnings call where the credit giant said that customers are using crypto-loaded cards at a record pace as the company recorded $2.5 billion in payments from October to December 2021 (fiscal Q1 of 2022).

Bitcoin Has Become A Top Retirement Investment Option, Survey Shows

Per a survey conducted by investment firm Capitalize, Bitcoin and cryptocurrencies have been gaining relevance as retirement investment options. Digital assets, once synonyms with speculation, and gambling, have acquired prestige as one of the best ways to secure people’s future. The firm interviewed 821 employees and 203 financial experts in the United States.