Bitcoin plunged below the 20-day exponential moving average ($23,391) on Feb. 24 but the bears could not build upon this advantage and sustain the price below the strong support at $22,800.
#Ufin #BTC #LucidHoang #Bitcoin

Huawei Cloud Launches Metaverse and Web3.0 Alliance
Huawei Cloud announced the launch of the Metaverse & Web 3.0 Alliance, introducing several partners including BlockChain Solutions, Deepbrain Chain, Polygon, Morpheus Labs, and more.
#Ufin #HuaweiCloud #LucidHoang #Metaverse

Central Bank of China to release the fourth quarter monetary policy report

At the announcement, the bank pointed to the recovery of China's CPI in 2023 as a general, but controllable trend.

#Ufin #China #LucidHoang #CPI

Yuga Labs “captures” Bitcoin NFT with a new collection TwelveFold
On the evening of February 27, Yuga Labs - the unit behind the success of NFT Bored Ape Yacht Club - announced the release of a new NFT collection called TwelveFold.
#Ufin #YugaLabs #LucidHoang #NFT

MakerDAO Is Actively Pushing Forward into TradFi
MakerDAO is actively trying to push towards TradFi with a proposal to deploy a $100m loan package for CogentBank.

#Ufin #makerdao #LucidHoang #tradfi

Bitcoin, the world's largest cryptocurrency, hit a new all-time high of over $58,000 on February 21st, before falling slightly over the past week. As of February 28th, Bitcoin is trading at around $46,000
#BTC #crypto2023 #LucidHoang #Ufin

According to data from Nansen, nonfungible token (NFT) whale Jeffrey Hwang — known colloquially as Machi Big Brother — dumped 1,010 tokens for 11,680 Ether ETH $1,560 or $18.6 million, in the space of 48 hours.
#Ufin #LucidHoang #ETH #nftcommunity

Layer 1 blockchain protocol Algorand (ALGO) hired Matthew Commons as its first chief financial officer as it looks to expand its growth strategies and capital management. The new finance chief has several years of crypto and TradFi experience.
#Ufin #LucidHoang #Blockchain

Aurora Cloud is the all-in-one cloud infrastructure solution bridging Web2 and Web3. Aurora is a platform for Web3 developers to build pioneering and scalable distributed applications.
#Ufin #Web3 #LucidHoang #Auroracloud #nftcommunity

Can blockchain help combat climate change?
Blockchain’s transparency and traceability can aid sustainability and reduce carbon emissions for climate change.
#Ufin #LucidHoang #blockchain #keepbuilding

Galaxy tips Bitcoin NFT market to hit $4.5B by 2025
Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market share away from Ethereum.
#Ufin #nftcommunity #LucidHoang #BTC #Ethereum

SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout.
The stock held by senior execs had been “rendered worthless” following Silicon Valley Bank UK arm’s “near-collapse.”
#Ufin #LucidHoang #SVB #crypto2023

Scroll's zkEVM solution begins testing on Ethereum testnet

Scroll, the developer of a second layer (layer-2) scaling solution for Ethereum, announces the launch of a testnet version of its zkEVM solution on the Goerli testnet.

#Ufin #zkEVM #LucidHoang #Ethereum

Both consumer prices and U.S. income are rising at a rate above pre-pandemic trends

The savings rate has also rebounded at 4.7% (though still well below the pre-pandemic average. translate 7%).

#Ufin #US #LucidHoang #pandemi

Bitcoin’s least volatile month ever? BTC price ends February up 0.03%
In dollar terms, BTC price action at the end of February versus the start was unlike any other month.
#BTC #nftcommunity #LucidHoang #Ufin

On March 2, Xapo officially announced a partnership with the Lightning Network infrastructure platform Lightspark, which allowed the firm to implement Lightning on its platform.

#Ufin #XapoBank #LucidHoang #BTC #nftcommunity

Bitcoin eyes 25% of world’s wealth in new $10M BTC price prediction
In its “Big Ideas 2023” outlook released at the end of January, the investment giant described long-term opportunity as “strengthening.”

#BTC #LucidHoang #Ufin

BitDAO’s Mantle Core proposes $200M for Web3 fund

Mantle Core is an Ethereum layer-2 network developed by the BitDAO ecosystem. The fund aims to boost the adoption among developers and DApps.

#BTC #LucidHoang #Web3 #BitDao #Ufin

Ethereum Layer 2 network Scroll raised $50 million in new funding.
Scroll is now valued at $1.8 billion, a source with direct knowledge of the matter told The Block.
#buildtogether #Ufin #LucidHoang #Ethereum

Solana plans to improve its blockchain: Here’s how

After a network-wide slowdown left users frantic, Solana released plans to improve its latest network upgrade
#crypto2023 #nftcommunity #LucidHoang #Ufin #Solana