CryptoAddicted

Theta (THETA) 📊 Losses in the THETA market were kept at bay at $10.6-support, but the candlesticks were below 50-SMA, 100-SMA and 200-SMA on the 4-hour timeframe. In such a scenario, the bulls faced an uphill task to retake the region above $12. On the charts, a breakout above 200-SMA was denied by the bears and the price moved back within a horizontal channel. A bearish crossover in MACD added weight to an unfavorable outcome, and a move below the lower trendline could see THETA head towards the $10-mark. Conversely, a rise above $13 would see a positive crossover between the 20-SMA and 200-SMA, and this would likely spur some buying in the market. Meanwhile, Stochastic RSI traded in an area of reversal and $10.6-support could be maintained by the bulls.

The US will test the digital dollar with Accenture this year. The Digital Dollar Foundation will partner with Fortune 500 consulting firm Accenture to launch five pilot projects this year to test the digital dollar. This was announced by Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC) and co-founder of the Digital Dollar Foundation. He said that over the next two months, the Digital Dollar Project will launch three pilot programs to explore the features and benefits of the digital US dollar. In addition, two additional programs for testing the digital currency of the Bank of the United States will be launched during the year.

Biggest Star Wars NFT Collection For Fans On May 4th StarColl, a new NFT platform, is releasing a collection of 800 physical Star Wars limited edition collectibles as digital NFT representations. The collectibles come from a private collection, with the platform expecting to add over 800 pieces from collectors who want to turn their possessions into NFTs. StarColl has chosen May the 4th to release its NFTs, timing it with what is known as Star Wars day due to its punny resemblance to the iconic line from the movies. The pieces offered for sale include various helmets, figures and life-size statues, each coming from a limited release of collectibles, some directly from the movie shooting. For example, a Boba Fett statue (https://starcoll.com/nft/life-size-boba-fett-statue-by-don-post/) over 2 meters tall is selling for almost $14,000.

How Much You Could Make If You'd Invested $100 In Ethereum From The Start? So, currently one Ethereum sits at a record high of $3,464. However, back in the early days of the currency - August 2015 - one single unit would have only set you back $1.25. That means that you could have bought 80 Ethereum for that aforementioned $100. If you take the current market value, and multiply that by 80, your initial investment would today be worth a gigantic $277,120. Yep, we all really missed the boat on that one. One person who definitely hasn't missed the boat is the aforementioned Vitalik Buterin (the founder). His vast increase in net worth to around $1.15 billion seemed unlikely as recently as last year, when the value of Ethereum was hovering around the $100 or $200 dollar mark.

Uniswap V3 Arrival Signals Bright Future For the DEX Just slightly ahead of Curve Finance, Uniswap holds the number one position as the most popular decentralized exchange. Uniswap V3 upgrade should boost this precarious lead even further. The Uniswap team teased us with a V3 upgrade just a month ago, promising the long-anticipated layer 2 scaling. Such an upgrade couldn’t come sooner, given the breakneck pace at which DeFi traffic flows into Binance Smart Chain (BSC) More info: https://beincrypto.com/uniswap-v3-arrival-signals-bright-future-for-the-dex/

Robinhood crypto trading crashed during a Dogecoin spike Robinhood ran into issues processing cryptocurrency trades this morning, during a spike in the price of Dogecoin that sent users flocking to the app. The website DownDetector (Link: https://bit.ly/3tly0IK) shows the outage starting around 9:30AM ET and reducing in severity about an hour later. Robinhood confirmed that it experienced a “partial outage” in crypto trading and said the issues had been resolved as of 11:15AM ET. The outage was particularly noticeable since it came during a spike (and subsequent dip) in Dogecoin prices. Coins were priced at around $0.40 USD at the beginning of the day. Around 8AM ET, they spiked past $0.50 USD and reached as high as $0.60 USD near 10AM ET.

Mastercard survey: “interest in using cryptocurrencies is growing”. Mastercard has released preliminary market research data on the growth of interest in cryptocurrencies. The online survey conducted by the company was attended by 15,569 people from eighteen countries. About 40% of respondents said they plan to use cryptocurrency next year. Millennials have expressed the greatest interest in cryptoassets.

Ethereum keeps rising in price! 💰 What could happen next? There have been suggestions that Ethereum could even eventually unseat Bitcoin to become the world’s leading cryptocurrency. Fahad Kamal, chief investment officer at Kleinwort Hambros bank, told Business Insider: “The cryptocurrency space today looks very similar to the internet space in 1997. “In 1997, we thought Netscape Navigator was by far the most advanced sophisticated browser and there would never be anything to compete with that. And, obviously, here we are. “In 10 years, I have no doubt that blockchain technology is going to be a very serious force in our lives. I have much, much less conviction or faith in whether Bitcoin will be around that long. “There are other cryptocurrencies which are arguably much better in their construction and in their underpinnings. Ethereum, for example.”

Ethereum (ETH) 📊 The above chart indicated the gradual rise in ETH’s value However, with the recent shake-up in price, the movement of the digital asset was difficult to trace With the recent boost in price, ETH market has opened up for more volatility in the coming days. Bollinger Bands have been diverging, while the signal line and the 50 moving average remained under the candlesticks, indicating a bullish market. As the price climbs within an ascending channel, a possible correction could set in. Buyers have saturated the ETH market as the asset remained in the overbought zone, highlighted by relative strength index. Meanwhile, Chaikin Money Flow was also noting that more and more money was entering the ETH market. The indicator has remained positive since 25 April and has not dropped under the zero level since. This was an extremely bullish sign for the Ethereum holders as the market was holding onto the price of the digital asset.

Athletics Sell 2 Tickets for 100 Dogecoin; 1st Such Transaction in MLB History Welcome to the future, Oakland Athletics. Athletics president Dave Kaval announced Monday that his team completed the first Dogecoin transaction in Major League Baseball history for tickets to see Oakland take on the Toronto Blue Jays at RingCentral Coliseum Oakland is selling two-seat pods for the series that runs Monday through Thursday for 100 Dogecoin. According to an MLB press release, the Athletics were also the first team in league history to offer tickets for cryptocurrency earlier this year when they made full-season suites available for one Bitcoin. Fans purchasing tickets with cryptocurrency will have the chance to watch a first-place team, as the 17-12 Athletics are one game ahead of the Seattle Mariners in the American League West.

In Thailand, traders will be required to confirm accounts on crypto exchanges in person. Opening a new account on a cryptocurrency exchange in Thailand will become more difficult in the second half of this year. According to the Bangkok Post, citing the Anti-Money Laundering Service (Amlo), new requirements will come into force in July, according to which users of trading platforms will have to be verified using a dip-chip technology, which requires their personal presence. As of April 26, there were 697,780 cryptocurrency accounts in Thailand, up from 160,000 at the end of last year.

Xrp (XRP) 📊 The XRP chart above noted the period of volatility in the market highlighted by the bulged Bollinger Bands with only minor periods of low volatility where the bands converged. Given the high volatility in the market, XRP may be preparing for another correction. The current XRP chart has been noting that the digital asset has been volatile for a while now. The brief escape it was witnessing currently, might be followed by a plunge in the price as the selling pressure evolves. This drop could push XRP to test support at $1.50, after which it may continue to consolidate. Entry-level: $1.59 📈 Take profit: $1.63 💰 Stop-level: $1.50 🚨 Risk to Reward: 1.78 🤑

VeChain (VET) 📊 In a lengthy analysis, VET concluded that enterprises would be fundamental to the mass adoption of NFT. The optimum way is to work with them to co-develop a vibrant eNFT (Enterprise NFT) Ecosystem on the VeChain Thor blockchain. Since the April 23 bullish hammer pattern on the fourth largest daily volume in 2021, VeChain price has been drifting higher, holding the upper trend line of an ascending channel. The upside is contained by the 61.8% retracement of the April decline at $0.209. Now VeChain price has stumbled into the declining trendline from the April high, putting bullish speculators in a more challenging technical position. The primary objective for VeChain price is to overtake the all-time high at $0.282, but it will not materialize if the volume remains below average. A final breakthrough would release VeChain price to experiment with the 361.8% extension of the August-November correction in 2020 at $0.309, representing close to a 50%

EBay Is Exploring NFTs and Possibly Crypto Payments “We’re exploring opportunities on how we can enable [NFTs] on eBay in an easy way,” eBay CEO Jamie Iannone told CNBC. When asked how long it could take to enable NFTs, Iannone noted that users are already selling NFTs with physical components on eBay. As such, the company’s efforts are largely an attempt to make the experience simpler and more streamlined. EBay’s decision to explore NFTs appears to be closely related to its long-standing focus on collectible items such as trading cards. “Collectibles are a core category,” Iannone stated. “We’ve already done a billion dollars in GMV in the first quarter and that’s more than we’ve done in half of all of last year’s record setting levels.”

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