Daily digest for CRYPTO CRYPTO NEWS, on May 2, 2022

Crypto Crypto posted: " Elon Musk has Tweeted a Youtube video that 'explains everything' about DogecoinElon's was responding to a Tweet by the Director of Research at Ark Invest, Brett WintonWinton's tweet featured a conversation in which he was trying to explain Bitcoin to " Elon Tweets Video Explaining Everything About Dogecoin Crypto Crypto May 1 Elon Musk has Tweeted a Youtube video that 'explains everything' about Dogecoin Elon's was responding to a Tweet by the Director of Research at Ark Invest, Brett Winton Winton's tweet featured a conversation in which he was trying to explain Bitcoin to his mum The 2014 Youtube video posted by Elon, summarizes the genesis of Dogecoin Elon Musk, the entrepreneur and business magnate known for his work at Tesla, Space X, the Boring Company, Neuarlink and OpenAI, has shared a Youtube video on Twitter that 'explains everything' about the popular meme-coin of Dogecoin (DOGE). Elon's was responding to another tweet by the Director of Research, Brett Winton. Mr. Winton's tweet featured what seemed to be a conversation in which he was having difficulty explaining Bitcoin to his mother. The original tweet and response by Elon Musk, can be found below. Dogecoin 'To the Moon' The Youtube video shared by Musk was first published on February 5th, 2014 and has a total of 3.9 million views. The video is unique in the sense that it encapsulates every facet of the meme-coin of DOGE. It starts off with a Shiba Inu dog watching the news on Bitcoin. The dog then gets a brilliant idea of creating Dogecoin and soon takes off in a rocket apparently to the moon. Shiba Inu dog taking off in a rocket. Source, Youtube.com DOGE Fails to Respond to Elon's Tweet In terms of price action, Elon's tweet on Dogecoin did not result in a knee-jerk reaction of DOGE as is usually the case. His tweet was made earlier today and Dogecoin continues to get rejected at $0.145 around the 100-day moving average (yellow). DOGE/USDT daily chart From the daily DOGE/USDT chart above, it can be observed that Dogecoin has so far managed to push past the 50-day moving average (white). Breaking past the 100-day MA will open a new trajectory towards the 200-day MA (green) at levels around $0.19. However, the daily MACD is showing signs of exhaustion with its histograms indicating a reduction in the buying of DOGE. The daily MFI and RSI are in neutral territory of 56 and 64. They point towards possible consolidation or an attempt at breaking the resistance at the 100-day MA. Source link Unsubscribe to no longer receive posts from CRYPTO CRYPTO NEWS. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptocryptonews.com Powered by Jetpack

Crypto Crypto posted: " The highly anticipated Cardano based blockchain game Cardalonia has announced a token sale for its LONIA utility token with over 15 percent sold in just days. Investors looking to acquire some LONIA tokens can do so by clic" Cardalonia: A Decentralized Blockchain-Based Play To Earn Metaverse On Cardano Crypto Crypto May 1 The highly anticipated Cardano based blockchain game Cardalonia has announced a token sale for its LONIA utility token with over 15 percent sold in just days. Investors looking to acquire some LONIA tokens can do so by clicking here. Cardalonia: A Play-To-Earn Strategy Metaverse that is being built on Cardano continues to take major steps towards the development of the creator centric blockchain based gaming platform. The Estonian based metaverse startup will be the first decentralized blockchain-based unique strategy metaverse game that will utilize Cardano Blockchain and Unreal Engine to create a sustainable blockchain ecocsystem with the Cardalonia metaverse assets represented as Cardano NFTs & Cardano Native Tokens. $LONIA is the main utility token in the Cardalonia metaverse, and will be used by gamers and creators to buy and sell ASSETS on Cardalonia, and provide rewards to creators and LAND holders. With its unique features and the utility token sustainable economics, the Cardalonia project will increase interest in the Cardano blockchain. Cardalonia will have innovative features like Staking, Governance and LONIA token holders will have access to exclusive events like Terrania (Cardalonia Land) pre-sale and featured Clan Drops that will solve multiple problems that are currently being seen in the traditional gaming industry as users can extract resources and sell it for cryptocurrency on the Cardalonia Marketplace. Cardalonia Features Users can acquire parcels of Terrania (Cardalonia Land) Users can Breed Their Clan Members to mint (Create) new Clans Create Assets & Trade it on the Cardalonia Marketplace Earn Lonia Tokens for Each Extracted Resource LONIA Seed Sale The LONIA token is the utility token that is central to the Cardalonia Ecosystem as holders of LONIA tokens will automatically be whitelisted for the LAND Pre-Sale which will happen after the sale rounds. Cardalonia team has announced the LONIA token seed sale which over 15% of the target amount has been raised in a few days. Investors who would like to acquire some LONIA tokens can do so using the Seed Sale Link below. https://cardalonia.io/buy/ Development Roadmap Cardalonia in Game NFT assets are already in development and the team has successfully been able to create a sustainable utility concept that will be released in the coming weeks. The Cardalonia Map & Marketplace are also being actively developed. Cardalonia Game Launch The alpha version of the Cardalonia P2E game will be available for early investors and land holders in the first quarter of 2023. Cardalonia LAND owners can earn the Clan NFTs by completing challenges which will give them the ability to experience the Cardalonia metaverse and can also stake the Cardalonia's utility token, LONIA, on their vault. About Cardalonia Cardalonia metaverse is an engaging and fun virtual world where users can acquire virtual 3D NFT avatars, land and take part in the events to earn rewards. Moreover, the project has robust tokenomics, premium-quality NFTs, dedicated marketplace for trading, and a set roadmap along with a world-class team that is constantly improving the platform. Website: https://cardalonia.io/ Buy Lonia Token: https://cardalonia.io/buy/ Twitter: https://twitter.com/cardalonia Telegram: https://t.me/cardalonia Discord: https://discord.gg/YChadw7fVD     Source link Unsubscribe to no longer receive posts from CRYPTO CRYPTO NEWS. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptocryptonews.com Powered by Jetpack

Crypto Crypto posted: " Job title: Software Developer - GoLang Company: Software Guidance & Assistance Job description: Job Description Software Guidance & Assistance, Inc., (SGA), is searching for a Software Developer - GoLang... for a Contract assignment with one of our p" Software Developer – GoLang Crypto Crypto May 1 Job title: Software Developer - GoLang Company: Software Guidance & Assistance Job description: Job Description Software Guidance & Assistance, Inc., (SGA), is searching for a Software Developer - GoLang... for a Contract assignment with one of our premier Software clients in Lehi, UT. The Cloud Operations team needs a software... Expected salary: Location: Lehi, UT Job date: Fri, 22 Apr 2022 04:26:32 GMT Apply for the job now! Unsubscribe to no longer receive posts from CRYPTO CRYPTO NEWS. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptocryptonews.com Powered by Jetpack

Crypto Crypto posted: " Coming every Saturday, Hodler's Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in" Meta to launch metaverse hardware store, Elon Musk buys Twitter for $44B, and ApeCoin pumps to new highs: Hodler's Digest, April 24-30 Crypto Crypto May 1 Coming every Saturday, Hodler's Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Elon Musk buys Twitter for $44B — crypto industry reacts Eccentric billionaire Elon Musk bought Twitter for around $44 billion this week, or $54.20 per share in cash. After the deal was accepted, Musk said he hoped that "even my worst critics remain on Twitter, because that is what free speech means."  The crypto industry's reaction was mixed, with Dogecoin co-creator Jackson Palmer describing the acquisition as a "hostile takeover" antithetical to the idea of freedom, while Bitcoin bulls Anthony Pompliano and Michael Saylor welcomed the move.       ApeCoin (APE) hits a new all-time high ahead of this week's Otherside land auction Bored Ape Yacht Club-affiliated ApeCoin (APE) hit a new all-time high of $22.60 on Thursday amid growing excitement about the upcoming Otherside metaverse land auction, which is being held by Animoca Brands and BAYC creator Yuga Labs. Otherside is a forthcoming metaverse project within the BAYC ecosystem, and it is hosting the sale of its first 100,000 land parcels on Saturday. Wallets that already hold a BAYC or Mutant Ape Yacht Club NFT will be able to claim a land parcel for free.   Meta will open physical metaverse-themed store in San Francisco Bay Area Mark Zuckerberg's Meta is set to open a retail store in Burlingame, California that will sell virtual reality and metaverse hardware. The store will be located on Meta's Burlingame campus and will feature a wall-to-wall curved LED screen that displays what users see using Meta headsets. The store will also provide demos for anything related to virtual reality headsets, video communications displays and smart glasses. "The Meta Store is going to help people make that connection to how our products can be the gateway to the Metaverse in the future," said store head Martin Gilliard.     Central African Republic will adopt Bitcoin as legal tender: Report The Central African Republic (CAR) reportedly passed a bill this week enabling Bitcoin to be used as legal tender alongside the franc. The CAR now joins El Salvador in taking the ambitious plunge into fully adopting BTC.  President Faustin-Archange Touadéra's chief of staff, Obed Namsio, was quoted as saying that the move was aimed at making the CAR one of the "boldest and most visionary" countries in the world. The nation of 5 million has one of the smallest economies in the world with a gross domestic product of roughly $2.4 billion.   Brazil's Senate approves 'Bitcoin law' to regulate cryptocurrencies The Federal Senate of Brazil also made a strong crypto move this week, passing the country's first bill governing cryptocurrencies. The bill will enable the government to create a regulatory framework for the local crypto industry. Senators have discussed providing crypto miners with incentives for setting up shop in Brazil, and they are also looking to introduce heavy punishments for any fraudulent or bad behavior in the sector.  In order to become law, the bill must next be approved by the Federal Senate's Chamber of Deputies and then signed off by President Jair Bolsonaro.           Winners and Losers   At the end of the week, Bitcoin (BTC) is at $39,032, Ether (ETH) at $2,854 and XRP at $0.62. The total crypto market cap is at $1.77 trillion, according to CoinMarketCap. Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are ApeCoin (APE) at 60.14%, STEPN (GMT) at 20.28% and Kava (KAVA) at 13.88%.   The top three altcoin losers of the week are Zilliqa (ZIL) at -23.84%, Waves (WAVES) at -23.07% and Axie Infinity (AXS) at -23.02%.For more info on crypto prices, make sure to read Cointelegraph's market analysis.         Most Memorable Quotations   "Bitcoin will never become zero because it has intrinsic value beyond its technological and monetary merits." Lili Zhao, director of ecosystem growth for Neo   "There's a pre-pandemic world and a post-pandemic world, and a post-pandemic world has a lot more government deficits — it has a lot more uncertainty related to growth." Anthony Scaramucci, founder and managing partner of SkyBridge Capital   "I hope that even my worst critics remain on Twitter, because that is what free speech means." Elon Musk, CEO of Tesla   "We were given a big gift when China banned crypto mining and trading — it was a big mistake for them." Greg Tanaka, Palo Alto City Council member   "Our survey shows something we have advocated over a long time: talking about the survival of digital assets is firmly over — the question is now about evolution." Julian Sawyer, CEO of Bitstamp   "The problem with [Bitcoin] is you can't have truly free trade unless you have private trade." Edward Snowden, government surveillance whistleblower     Prediction of the Week    Bitcoin repeats rare weekly chart signal that resulted in 50% BTC price dips Bitcoin's price traded largely sideways this week while still experiencing some volatility. The asset traded both above $40,000 and below $38,000 at times during the week, based on Cointelegraph's BTC price index. Bitcoin could be headed for negative price action, according to pseudonymous Twitter personality "Nunya Bizniz." Bizniz pointed out a pattern on Bitcoin's chart that has previously occurred prior to 50% price drops — the downward sloping of the asset's 20-week and 50-week moving averages. This chart pattern has occurred twice before, each time seeing BTC's price subsequently decline by more than 50%.     FUD of the Week  STEPN impersonators stealing users' seed phrases, warn security experts Blockchain security firm Peckshield exposed multiple phishing websites for Web3 lifestyle app STEPN. According to the company, bad actors have been able to create and attach dubious MetaMask browser plugins that can be used to steal users' seed phrases.   Bored Ape Yacht Club NFTs stolen in Instagram phishing attack The Instagram account belonging to the Bored Ape Yacht Club NFT project was hacked on Monday. According to various unconfirmed social media reports, roughly 100 NFTs worth a combined $400,000 were stolen as part of a phishing attack and fake airdrop. Users believed the links used to carry out the attack were legit since it coincided with the one-year anniversary of BAYC's launch.   New York State Assembly passes ban on new BTC mines that don't use green power The New York State Assembly passed a bill earlier this week that aims to place a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities that are backed by carbon-generated power. The bill also states that current miners who rely on carbon-powered rigs won't be able to renew their permits once they expire.     Best Cointelegraph Features Crypto Valley and the Crypto Oasis: Ralf Glabischnig "A few spots worldwide will attract the people who can afford it because it's safe for their family — and those people bring the business." The loss of privacy: Why we must fight for a decentralized future As early blockchain adopters, we must bring decentralization to the masses and fight with the tech behemoths that are its natural enemies. Decentralized credit scores: How can blockchain tech change ratings Borrowing and lending are two important parts of DeFi, but they have been missing an effective operating credential: a decentralized credit rating.       Source link Unsubscribe to no longer receive posts from CRYPTO CRYPTO NEWS. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptocryptonews.com Powered by Jetpack