Upwealthfinances Ltd

Bitcoin Collapses 7% As FED Gets Hawkish, Why This Could Be A Buy The Dip Opportunity https://www.newsbtc.com/news/bitcoin/bitcoin-collapses-7-as-fed-gets-hawkish-why-this-could-be-a-buy-the-dip-opportunity/ Bitcoin records a 7% drop in the last week as yesterday’s Federal Open Market Committee (FOMC) hints at a more aggressive U.S. Federal Reserve. As investors reacted to a tougher monetary policy, selling pressure rejected BTC’s price from the mid area around its current levels. Related Reading | The Bitcoin Resistance Level That Just Won’t Budge At the time of writing, Bitcoin trades at $43,400 with a 3% loss in 24-hours and with potential to re-test more areas of support. Investment firm Cumberland believes the FOMC minutes were directly responsible for the BTC’s bearish price action. Part of a “broader risk-off move”, the announcement affected several sectors across the macro markets. Bitcoin’s recent weeks relief rally was triggered by the FED as well. Investors were expecting an increase in interest rates at around 25 bps. The financial institution announced this increase back in March meeting expectations. This provided more clarity to market participants. However, the FED turned more aggressive on its approach as a result of a persistent inflation. In that sense, the financial institution has forced market participants to adjust their views potentially shaking speculators from their positions. Cumberland said: At this point, one has to wonder whether the Brainard/FOMC commentary which triggered this move represents new & meaningful information that should be factored into the market in the form of lower prices, or if instead this selloff is really just a classic case of weak hands rushing for the exits in a crowded trade. The investment firm believes the second option is more likely. Therefore, they claimed the current downside price action could offer long-term traders with a buy the dip opportunity. At these levels, as Bitcoin moves in a tight range between $48,000 and $37,000, without new macro-factors to oppose a rally, the market could offer a high reward/low risk scenario. The investment firm added: (…) If we approach those lows in the absence of a fresh geopolitical catastrophe, risk/reward associated with adding more length seems attractive. The Macro Outlook And Its Potential Impact On Bitcoin A Senior Economist at Natixis, a global financial services company, claimed the FED has accelerated its monetary tightening. This could lead the institution to sell part of their balance sheet and keep the price of risk-on assets down. 3 shocks hitting Asia economies:a) Tightening of financial conditions, led by the Fed hike of both the price of the USD, leading to not just direct credit shocks but also relative & risk aversion or deleveragingb) China zero Covid (demand)c) Supply shocks — Trinh (@Trinhnomics) April 7, 2022 The U.S. FED announcement combined with a slowdown in China’s economy, the analyst claimed. The Asian giant has begun to tighten its monetary policy which indicates market participants could become more risk adverse and to an overall deleveraging. However, this situation could become unsustainable in the short term and could force China to lose its monetary policy. The region currently faces economic weakness, the analyst said. Related Reading | TA: Bitcoin Prints Bearish Pattern, Why BTC Could Drop To $42K This could allow for risk-on asset like Bitcoin to reclaim previous highs. The analyst added: Let me put this another way, with external financial conditions tightening, led by the Fed tightening aggressively in May & more, the question is whether Asian economies can follow & if they can’t follow due to economic weakness, then there’s policy divergence & asset implications.  

Celebrity NFTs – What Do They Actually Achieve? https://www.newsbtc.com/news/company/celebrity-nfts-what-do-they-actually-achieve/ More and more celebrities are joining in on buying and creating NFTs. But where can you actually buy a celebrity NFT? And what does it achieve? During your morning social media scroll, you may have noticed, among all the selfies and vacation photos, the messages from celebrities endorsing NFTs. NFTs are assets on the blockchain that are unique thanks to their identifying information recorded in smart contracts. Creators may tokenize anything from music and photographs to videos or illustrations using NFTs. Most of the discord surrounding NFTs goes down on Twitter since the platform supports NFTs being used as profile pictures in hexagonal frames instead of the typical circle frames everyone else has to use. As the hype grows, celebrities like Paris Hilton, Justin Bieber, and Gwyneth Paltrow have joined the bandwagon. If you have the rare privilege of owning a Bored Ape Yacht Club NFT, you know you get exclusive access to communities and digital rooms where your favorite celebrity hangs out and talks to fans. But it’s not just about buying the latest ape from the Bored Ape Yacht Club or nabbing the latest XCOPY artwork. Celebrities are now creating their very own NFT pieces; Snoop Dogg, for example, has his collection up on OpenSea, and Paris Hilton has teamed up with Superplastic to curate the “Past Lives, New Beginnings” collection. Canadian musician, Grimes, has sold $6 million worth of digital artworks owing to the fact that she was among the first to cash in on the NFT game. Her WarNymph collection of 10 artworks made Grimes among the best-selling NFT creators in the world, successfully creating enough hype and demand for her work. Even Eminem jumped on the bandwagon when he released his “SHADYCON” collection on Nifty Gateway, raising $1.8 million selling digital action figures and instrumental tracks. The problem here, of course, is that not everybody can get their hands on a piece of art created by their favorite star. When they miss out on upcoming celebrity NFT drops, they miss out on the chance to connect with these celebrities. This creates an untapped potential in the space, and one company has figured out how to capitalize on it while giving fans a chance to get closer to their idols. With so many celebrities emerging as voices for cryptocurrencies and NFTs today, there is a need to create a space for singers, actors, and sports stars where they may produce and host their collections for a wider audience. Making it easier for them to join in the blockchain revolution may even encourage long-time fans of these artists to take the plunge into cryptocurrency and NFTs themselves. This platform for celebrities will be hosted by nOFTEN, a brand-new NFT marketplace bringing the luxury gallery experience to the digital world. This digital gallery, however, will only feature collections curated by celebrities for fans to trade, share, buy, sell, and experience special moments never seen before. The platform serves as a medium to connect artists with their fans, creating a simple way for them to engage with dedicated fans and reveal exclusive content in the form of NFTs. These contents would include a personalized video, a new song, a chance to dine with a celebrity, and a video call, among other prizes. All of the above would be supported by the blockchain network, Etherlite, and incorporating these along with the website will tie the whole project together and encourage both communities – artists and fans – to participate and engage with each other. The digital gap is closing as people move to the metaverse for everything from work and school to grocery shopping and sports. nOFTEN closes the gap further by connecting artists with their adoring fanbase, providing both with an opportunity to learn, marvel at the art, and grow.    

Majority Of Cardano (ADA) Holders In Loss As Price Slides To $1 https://www.newsbtc.com/analysis/ada/majority-of-cardano-ada-holders-in-loss-as-price-slides-to-1/ Cardano (ADA) had since lost its momentum and has been back on another downtrend once more. This time around, the downtrend quickly sent the cryptocurrency back towards the $1 territory. This has had some dire implications for Cardano investors. The majority of these investors have now seen their portfolios descent into the red territory causing them to be taking massive losses at the current prices.  Cardano Holders In The Red Much like the majority of the market, Cardano has seen its value decline in recent days. This has been a result of the slowing market momentum which has been widespread. However, not every digital asset holder in the space has been as unfortunate as those who hold ADA tokens. In contrast to investors of other leading cryptocurrencies, the majority of ADA holders are firmly in the loss territory. Related Reading | Bitcoin Exchange Traded Products Near 1% Of Total BTC Supply Presently, a quarter of all ADA investors are in profit. Most of these have been those who have held over the long term, meaning having held their tokens for longer than one year. The mid-term holders look to be bearing the brunt of the losses. These holders are those who have held their tokens for one to 12 months. Making up 76% of the total ADA holder population, it is no surprise to see that they make up a large chunk of investors in the loss. 67% of ADA holders in loss | Source: IntoTheBlock There are a total of 67% of ADA holders who are losing money at current prices, according to data from IntoTheBlock. Only 9% of all ADA investors are sitting in the neutral territory, meaning that they purchased the tokens at the current price. ADA Turns Bearish Cardano has once more turned into the bearish territory. This digital asset which had managed to mark the beginnings of a bullish trend last week has been unable to hold on to this. As a result, its long-term outlook is grimmer than expected.  After falling below the 100 and 200-day moving averages, ADA is holding on to the shorter-term counterparts by a thin thread. Already, it has fallen below its 20-day moving average, a bad sign for the buy and sell pressure for the digital asset going forward. ADA price at $1.09 | Source: ADAUSD on TradingView.com Indicators have turned to selling for the long term which will yet see the asset drop as more time pass. This is unless it can register above the next significant resistance point which currently lies at $1.171. An easy point to beat if the digital asset can regain a fraction of its momentum from last week. Above this lies the $1.24 resistance, a hard-to-beat one for the asset. This is because ADA is still a seller’s market. Related Reading | TA: Bitcoin Prints Bearish Pattern, Why BTC Could Drop To $42K Nevertheless, with ADA trading above the 50-day moving average, there is still an opportunity for it to reverse this trend in the short term. But only if buyers can ramp up their activity. Featured image from CryptoTicker, charts from IntoTheBlock and TradingView.com

OVR Announces Partnership With First Blockchain-Independent NFT Platform, NFTrade https://www.newsbtc.com/news/company/ovr-announces-partnership-with-first-blockchain-independent-nft-platform-nftrade/ OVR has announced a new partnership with NFT platform NFTtrade. With this new partnership, OVR plans to unlock a world of possibilities for its users in a new way. It will bring the OVRLand NFTs closer to users by allowing them to buy, sell, and P2P trade OVRLand on multiple blockchains. The NFT space is one of the fastest-growing developments of the crypto industry and with good reason. There are currently many numerous platforms on which artists and collectors alike can carry out their activities, each with its own unique offerings. However, these NFT platforms (marketplaces) continue to be blockchain-bound. This is why NFTrade is important. It is creating the first crosschain and blockchain-independent NFT platform, completely changing the entire NFT lifecycle. OVR Takes NFT By Storm With NFTrade By partnering with NFTrade, OVR is expanding the reach of its OVRLand NFTs. NFTtrade will index all of the existing OVRLand NFTs on the integrated chains and also host the entire NFT lifecycle of the OVRLand NFTs. This way, it opens trading activities across multiple blockchains. NFTrade will allow users to access all of the OVRLand NFTs while simultaneously revealing the total market value of these NFTs. Furthermore, OVR users will be able to trade their NFTs across the entire Polygon ecosystem using NFTrade. Currently, there are more than 809,000 OVRLands that have already been minted on the Polygon blockchain. This partnership marries the cutting-edge technology of the OVR platform with the futuristic crosschain and blockchain-independent technology of NFTrade. An NFT platform that allows users to leverage their NFTs across multiple blockchains. ABOUT OVR OVR is a cutting-edge platform powered by the Ethereum Blockchain. With OVR, anyone with a mobile device or smart glasses is able to have an interactive, augmented reality experience tailored to your current GPS position in the real world. OVR is setting a new standard in the augmented reality sector by allowing users to develop 3D content in the metaverse, own the space where it is hosted in the form of an NFT, and place it in any corresponding location in the world. About NFTrade NFTrade is the first cross-chain and blockchain-agnostic NFT platform. We are an indexer of all NFTs across all of our integrated chains, hosting the complete NFT lifecycle and allowing anyone to seamlessly create, buy, sell, swap, farm, and leverage NFTs across different blockchains. Using NFTrade, anyone can gain access to the entirety of their NFT, unlocking the total value of the NFT market.  

🖼 Terra wallet Leap raises $3.2 million in a private token sale Leap, a non-custodial crypto wallet for accessing the Terra ecosystem, has raised $... https://t.me/Bitcoin_NewsTG/3908 Terra wallet Leap raises $3.2 million in a private token sale Leap, a non-custodial crypto wallet for accessing the Terra ecosystem, has raised $3.2 million in a seed funding round.CoinFund and Pantera Capital co-led the round, with Arrington Capital, Accel and Terraform Labs participating. The current headcount of Leap is six and the firm plans to hire several people across product, engineering, design and growth functions. As for Android and iOS mobile apps, they are expected to launch in the next few months. Rao said early invites for the mobile apps will be sent later this month. Source (https://www.theblockcrypto.com/linked/140650/terra-wallet-leap-funding-token-sale?utm_source=cryptocompare)https://t.me/Bitcoin_NewsTg

Join here for all Doge and ShibaInu updates: https://t.me/Doge_ShibaInu https://t.me/Bitcoin_NewsTG/3907 Join here for all Doge and ShibaInu updates: https://t.me/Doge_ShibaInuTelegram Doge & ShibaInu (https://t.me/Doge_ShibaInu) @Doge_ShibaInu your daily news feed about Doge, ShibaInu and all other meme cryptocurrencies Contact for cooperations: @JakeManager Join now ⤵️ @Solana_Updates @Binance_Coinbase_Bybit @ChartsSignalsTrading

win a share of the $250,000 Easter Egg Hunt. Daily Rewards To enter, make sure you have deposited at least $50 since 20 March. If you have, head to the Eggs tab, and open today’s Egg of the Day for your Daily Reward! Each Egg of the Day hides 5, 10, 15, or 20 “Free Spins”, or a bonus in the value of 2 USD, 5 USD, or 10 USD. Also, on the first day of the promotion, the Daily Reward is guaranteed 20 Free Spins on the Eligible Games. Prize Draw on Easter Monday with a $100,000 Prize Pool To enter, wager $100 on a single day and collect your ticket on the Claim tab. Every $100 in wager grants you another entry with no daily cap! There will be 153 Cash Prizes to be won: 1 x 50,000 USD 1 x 25,000 USD 1 x 10,000 USD 150 x 100 USD There is also a daily Golden Egg for you to find somewhere on the website. Every midnight (in UTC time zone) they will tweet a clue to help you find the page where the Golden Egg is nested. Find the Golden Egg before the following midnight, and click on it to prompt a tweet about your finding. Share the tweet for a chance to win $500 every day! And there’s more, open today’s Egg of the Day, claim your prize draw ticket and check our Twitter feed for the next Golden Egg clue. Duelbits Country Restrictions People living in the following countries are restricted from using the Duelbits platform, whilst users in these countries can still access the site, the features are very limited: Aruba, Australia, Bonaire, Curacao, Denmark, France, Malta, Sint Marteen, Singapore, Spain, USA, United Kingdom, The Netherlands The restriction also extends to all of the above nations’ named territories. Conclusion Duelbits is a reputable and professional online casino and sportsbook that is rapidly expanding. The platform is continually introducing new game titles and other casino features, all while keeping a professional, transparent, and fair environment for all users. This platform is an excellent choice if you want to take advantage of being an early member of a rapidly developing and licensed crypto casino.  

What Is Duelbits? A Look at the Crypto Casino & Sportsbook Platform https://www.newsbtc.com/news/company/what-is-duelbits-a-look-at-the-crypto-casino-sportsbook-platform/ Duelbits is a cryptocurrency casino and sports betting platform that began operations in February 2020. The platform intends to bridge the gap between bookies and casinos, which are now separated by a large margin. While Duelbits is primarily focused on Crypto gaming, the site also accepts credit cards and PayPal as deposit options, allowing players to deposit using their preferred way. Duelbits’ registration and cryptocurrency payment processes are both instantaneous, and in the vast majority of circumstances, no KYC verification is required. This allows you to begin playing Duelbits right now. By building one of the most competitive VIP schemes on the market, the platform prides itself on offering a pleasant and unique experience for its players. Duelbits’ VIP programme and regular crypto awards. In this Duelbits review, we will show you all of the platform’s relevant features, terms, and facts that you should be aware of before wagering on Duelbits. Duelbits Features Duelbits offers innovative games such as Crash, Roulette, and Dice Duel, as well as their unique Dice game with 3 new game modes. The platform also has a VIP referral programme that offers 37.5 percent Rakeback plus 10% of the wagering earned by every referred friend a player brings to the platform, for a total of about 50% Rakeback. Duelbits offers daily casino and sports promotions, as well as personalised VIP benefits on top of the Rakeback. Duelbits also has weekly and daily leaderboards where users may earn up to $19,000 every week. Duelbits offers an accumulator bonus for parlay bets in sports, allowing players to gain up to 100% of their winning bet. Players can also get a parlay bonus by starting with a trebles bet. Furthermore, if the picked team achieves more than 120 points, Duelbits always pays as winning bets on NBA. Duelbits Registration In order to register your account on Duelbits, go to “Register” in the upper right corner of the site and choose your chosen signup option. You can also click the “Register” button in the top center of the home page. Duelbits enables social network sign-ins and does not require manual KYC verification, so creating an account and using Duelbits is simple. Users may join up using their Steam or Google accounts, as well as their email addresses.   On Duelbits, every registration is considered equally in terms of features. This implies that at Duelbits, there is just one type of account. Once you have signed up, you can now use all of the features available on Duelbits. You can also play any game right away without having to wait for authorization from a human. Duelbits Deposit Methods In order to place bets on Duelbits, users need to make a deposit via one of the payment methods offered by the platform. In order to deposit money on Duelbits, users need to go to the “Cashier” tab, click on “Deposit” and choose a preferred deposit method. Deposit payment methods include Visa, Mastercard, Skrill, WebMoney, PayPal, Paysafecards, and cryptocurrencies like Bitcoin, Ethereum, Dogecoin, Solana, Litecoin, Bitcoin Cash, and Kinguin vouchers. All of the available deposit methods offered by Duelbits are instant. Deposits made with cryptocurrency can be used to play or place a bet anonymously, which is a major benefit of placing bets via Duelbits. Duelbits Withdrawal Methods It’s also worth highlighting Duelbits’ withdrawal options. To withdraw funds from the Duelbits casino, go to the Cashier page, click “Withdraw,” and select the appropriate withdrawal method. Withdrawals from Duelbits may only be paid out in cryptocurrencies like Bitcoin, Ethereum, Dogecoin, Solana, Bitcoin Cash, and others. Duelbits payouts are quick, and users are not needed to submit any personal or financial information. Duelbits Games Duelbits has dozens of casino games and sports to

choose from, and the site is continually being updated to accommodate a wide range of gamers. Duelbits games are created by a total of 31 different and well-known gaming companies, including Evolution Gaming, Pragmatic Play, Red Tiger, Playson, and others. Players may also categorize their favorite games by rank or alphabetically. Below is a list of games available on the Duelbits platform: Duelbits Slots Duelbits has a variety of casino games to choose from, including live shows and slots. Play’N GO, Relax Gaming, Liquid Gaming, Push Gaming, and Pragmatic Play are some of the most prominent slot game developers. While gambling on the Duelbits platform, players will never miss out on any of their favourite slot games. They may use their preferred deposit methods, such as cryptocurrency and PayPal, to play slot machines. In contrast to many other top crypto casinos, Duelbits slots boast a rather high RTP (return to players). The RTP of a slot machine defines how much money a slot should potentially pay out over a lengthy period of time. In general, a higher return to player (RTP) indicates a larger likelihood of profit. Duelbits Blackjack Duelbits online casino features live blackjack games from a variety of well-known software developers. Duelbits blackjack tables may be played for as low as $1. For gamers who want to test out the Duelbits blackjack games, this is a fantastic opportunity. If the traditional BlackJack game has a significant wait period, players can switch to virtual crypto blackjack, which allows them to play immediately and without waiting. Duelbits blackjack accepts all forms of payment, including Visa, PayPal, and cryptocurrency. Duelbits Live Games and Crazy Time Duelbits offers a variety of live games, including the renowned Crazy Time, in addition to the crypto slots and blackjack games described above. Crazy Time is a Duelbits casino game that features real-time statistics from Tracksino. Real-time statistics allow players to follow the results of past Crazy Time spins and guess or anticipate the outcome of future games based on those results. Duelbits’ Crazy Time data may be used to play the game using specialised and required gambling tactics. Duelbits Crash Duelbits also offers Crash, a unique gambling game. Players may wager whatever amount they choose, which they can cash out at any moment and benefit from using the multipliers that are presented on their displays. Players cannot withdraw their funds before the rocket falls; if they do, they will lose their whole wager. This type of game mode is very exciting since the multiplier on the screen might crash at any time. Many gamers reach multipliers of a few hundred and earn large sums of money. Due to Duelbits’ dependable provably fair mechanism, players may verify the randomness and fairness of the Crash multipliers at any moment by visiting the provably fair website. Duelbits Dice Duelbits also provides several in-house specialty games, such as Dice, in addition to its standard gaming alternatives, such as slot machines and live performances. The game works by players moving the slider to choose a number between 1 and 99. Next, the player can adjust the multiplier to increase the potential for a higher payout if they win. If a player thinks the next number will be higher than their current chosen value, they can click Roll Over. If they think the value will be lower, they can click Roll Under. Duelbits added a unique twist to the dice game by adding three new buttons for the dice game: Roll Outside Roll Between Roll Between and Roll Between Duelbits Dice works the same way as the traditional Over / Under options, however, this version has additional customized sets of numbers. Players can choose both ends of the section to bet on, or they can choose to bet outside that section. The last button lets players choose 2 sections and bet to roll inside either section. Duelbits Easter Promo From 4th to 17th April, Duelbits is giving you the chance to