Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) price

Solana continues to consolidate near the critical $50 price range, while bulls have begun to flirt with the idea of a possible upswing. Solana (SOL) price has begun to consolidate in a tightening range and if the wider market remains stable, it’s possible that SOL could break out in the short-term.SOL’s upside potential in the short term could be significant with the move, itself, occurring quickly.

V2B Labs Judges the Eventful Blockchain Business Idea Pitch Day Alongside Algorand

[PRESS RELEASE – Please Read Disclaimer] V2B Labs had an amazing time being part of Ideathon Pitch Day, a blockchain event organized by the Algorand in Tokyo on last May 14, 2022.

Tether CTO: Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’

“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino.

India to Consider Levying 28% Tax on Crypto Transaction

Through the Goods and Services Tax (GST) body, India is mulling the idea of levying a 28% tax on transactions bordering on digital currencies in the Asian nation.

There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform industry

NFT art continues to grow in popularity, but what other industries could the technology disrupt in the next few years? The nonfungible token (NFT) sector has undergone a surge in popularity over the past year and a half as projects like Bored Ape Yacht Club and CryptoPunks captured the attention of the general public. While the idea of fetching a six-figure payday for the latest trending digital art piece has been a major factor in the attention placed on the sector, the truth is that the crypto industry has only scratched the surface of what NFT technology is capable of.

Elon Musk Changes Twitter Profile Pic to Bored Ape NFT Collage, Calls It 'Kinda Fungible'

Musk appears to be trolling the idea of NFTs.

As Dogecoin [DOGE] treads in the 'opportunity zone', is it a wise idea to go long

Dogecoin price has been on an extensive downtrend since its all-time high in May 2021.

Mark Cuban proposes using Dogecoin to solve Twitter's crypto ad problem

Twitter's new owner, Elon Musk, appears to support the idea after vowing to cut down on the social media network's spam problem.

CyberCity game review: Fight for Crypto & Dominate the Cyberpunk Metaverse

Play2Earn games are the future of gamingб all because they completely turned the idea of ​​​​the mechanics of earning crypto and in-game assets ownership.

XVI Citizens to Introduce 16 Personalities as NFTs

The 16 Personalities idea is turning into non-fungible tokens (NFTs) and entering the metaverse for the first time through the XVI Citizens project.

Apexaverse launches play-to-earn Metaverse 3D game on Cardano blockchain

It’s safe to say that the cryptocurrency industry, with all its different niches, has far surpassed Satoshi Nakamoto’s grand idea from over a decade ago.

Russian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets

Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks.

Bitcoin hodlers targeting $100K is what's preventing 40% price drawdown, data suggests

Long-term holders are in command amid a lack of speculators — and they're showing little interest in selling. Bitcoin (BTC) dropping to $25,000 or lower is unlikely thanks to hodlers hoping for all-time highs, not speculative traders, new research says.In a series of tweets on April 19, popular analyst Root argued that there is “no real reason” for a dramatic Bitcoin sell-off.No major selling from "maturing" hodlersBitcoin has yet to wow the market with its all-time highs this halving cycle, and this has contributed to a loss of faith among some investors.At the same time, on-chain indicators remain much more bullish than spot price action, and those investors still in the market support the idea that BTC/USD will go far higher in the future.This is thanks to a lack of short-term holders (STHs) on the market, Root notes.

Why 'OpenSea x Solana' didn't set off the fireworks they were expected to

To say that there was hype when crypto influencers teased the idea of Solana NFTs on OpenSea, would be an understatement.

Law Decoded: Paris is always a good idea, even for talking crypto policy — April 11–18

Ripple rejoices, the SEC gets challenged to a narrative battle and Brazil moves ahead with crypto legislation. Last week was the Paris Blockchain Week, and the epicenter of crypto policy and regulatory conversation moved to the French capital accordingly.

Binance's NFT head adopted this implementation model during the platform’s creation

Interviewed by Cointelegraph at the Paris Blockchain Week Summit on Wednesday, Helen Hai recalled the empowering support she received from Changpeng Zhao (CZ) when pitching the initial idea for what has become a multi-million-user platform. Attending and reporting from the two-day Paris Blockchain Week Summit (PBWS), Cointelegraph’s managing editor, Alex Cohen sat down with Helen Hai, head of Binance's NFT platform for a candid discussion on the early inspirations for their NFT platform, as well as her vision for regulatory communication, among other topics.Citing the methods in which the Asian economy capitalized on the growth potential within the second industrial revolution by driving job creation for the lower and middle classes, Hai stated that the internet era — typically referenced as Web2 — was a contributing factor for the widening of digital-economic disparities between various societal groups.

The Life of a Crypto Artist: Pplpleasr on NFTs, Memes and 'Idea Sex'

NFT artist Emily Yang, aka pplpleasr, explains her creative process, and her path to becoming one of the leading lights of the crypto art scene.

SWEAT: The Token to Convert Steps, Movement into Crypto

According to Sweatcoin, the idea behind the token is to launch a global currency based on the value of steps and movement and the cryptocurrency will be minted purely by steps.

'NEAR' its ATH, why buying for short term profits is a better idea

NEAR Protocol's native token NEAR has been performing extremely well on the charts.

Terra’s Intentions to Buy $200M Worth of AVAX Explained

The founder of Terraform Labs explained the idea behind the partnership with Avalanche and why his team chose to accumulate AVAX.

Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions

The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion.

Cheers to That: Here’s How You Can Party in the Metaverse

While the idea of the Metaverse still might seem like it came straight out of science fiction, the exciting new era in the tech world is now officially a reality.

DeFi can breathe new life into traditional assets

The real changes in the financial world are starting with combining DeFi and CeFi, which is paving the way to mainstream crypto adoption. In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century.Traditional finance experts are warming up to the idea of crypto, but outlandish headlines of record-breaking hacks and overhyped projects don’t necessarily reverse its bad rap.

'Hold my beer' — Terra already up $165M from buying Bitcoin as BTC stash nears Tesla

The Luna Foundation Guard is well in the green as Terra co-founder Do Kwon stresses he is not "capable of moving" Bitcoin markets. Bitcoin (BTC) has already netted its biggest new buyer almost $200 million in profit from price increases, data suggests.Analysis of the wallet related to Blockchain protocol Terra reveals that since it began amassing BTC in Q1 this year, it is up $165 million.Terra co-founder rejects idea LFG moved BTC priceThe Luna Foundation Guard (LFG), a nonprofit organization around Terra, is currently following through on its plans to back its new TerraUSD (UST) stablecoin with both Bitcoin and its native LUNA token.The plans were only revealed this month by Terra co-founder Do Kwon, but the destination wallet for the funds has been active longer and saw a significant inflow back in January.Since mid-March, buying has accelerated, and in just a few short weeks, LFG's balance has passed 30,000 BTC.If that weren't impressive enough, Bitcoin's bull run, whether associated or not with Terra's purchases, has netted the organization $165 million in circumstantial profits.

Malaysian deputy finance minister responds to proposal to legalize Bitcoin

Similar to countries like Indonesia, Malaysia has not banned crypto trading but the government doesn't want to adopt crypto for payments. An official at the Ministry of Finance of Malaysia reportedly opposed the idea of adopting cryptocurrencies like Bitcoin (BTC) as a payment method following recent crypto-friendly proposals by the deputy communications minister.Malaysia has no plans to recognize BTC as legal tender, deputy finance minister Mohd Shahar Abdullah said in a parliamentary meeting on Thursday, according to a Bloomberg report.“Cryptocurrencies like Bitcoin are not suitable for use as a payment instrument due to various limitations,” Mohd Shahar declared, citing risks like volatility and potential cyber threats.Instead of adopting cryptocurrency for payments, Malaysia will continue to focus on the potential development of the central bank digital currency (CBDC), the official added, stating:“The growing technology and payment landscape have prompted Bank Negara Malaysia to actively assess the potential of CBDC.”The Ministry of Finance of Malaysia did not immediately respond to Cointelegraph’s request to comment.

Bitcoin hash rate may see ‘small capitulation’ with difficulty set for new all-time high

Bitcoin network fundamentals appear more resilient than ever to attacks on miners‘ operations. Bitcoin (BTC) set a new all-time high for hash rate last week, but opinions are divided as to whether the uptrend can continue.In a Twitter debate on March 21, Preston Pysh, host of The Investor‘s Podcast, eyed changing behavior in Bitcoin‘s hash ribbons metric for signs of a new hash rate “lull.”Questions over “lull” in hash rate after record highsBitcoin has overcome considerable odds over the past year to see the processing power dedicated to mining — hash rate — reach a giant 222 exahashes per second (EH/s) this month, according to estimates from monitoring resource MiningPoolStats.First China sparking a mass miner exodus, then this year‘s crackdown of mining hubs in Kazakhstan put the cat among the pigeons in terms of miner operation.Nonetheless, a full recovery ensued on both occasions, reinforcing the idea that as long as there is at least one “friendly” jurisdiction for miners, mining will come back harder than ever before.Hash ribbons use two simple moving averages (SMAs) of hash rate to assess miner health and has been used to conclude when likely price bottoms are near based on that health.Miners have a breakeven cost for producing each Bitcoin, and when the spot price is lower than that cost, the danger arises that they will begin to “capitulate,” or cease operations due to a lack of profitability.

Idea to Use Digital Ruble as Reserve Currency Circulated in Sanctioned Russia

A call to make the digital ruble a reserve currency has been issued in the State Duma, the lower house of Russia’s parliament.

Metametaverse Secures $2 Million — Aims to Achieve Metaverse Interoperability

Metametaverse, a company whose purpose is the integration and interoperation of different metaverses, has already secured funding of $2 million for this idea.

Penguin Karts driving the blockchain gaming scene forward

A lot has happened since the idea of Penguin Karts was first conceived.

Going long on Litecoin might be a good idea if it touches these lows

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Candlewicks on daily charts into an area of former supply, cuThe post Going long on Litecoin might be a good idea if it touches these lows appeared first on AMBCrypto.