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

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

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.

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

Utility of Fren tokens

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 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

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.

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.

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.

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 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.

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:

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).

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.