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MARKETS NEWS

How low will Bitcoin go, will it drop to $28,000?

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Bitcoin and altcoins fell very fast. So how much will Bitcoin drop, will it drop to $28,000? famous analyst comments. The month of May was not good for the coin market. Bitcoin and altcoins started very low. And still, the cryptocurrency market continues to decline.

Bitcoin has lost a lot of value in the last 24 hours, falling as low as $ 30,380. Ethereum also fell heavily, dropping as low as $2,260 on Sunday evening and losing its support point. However, some experts have warned that the continued gains of the US Dollar Index (DXY) could push Bitcoin, Ether, Cardano, Solana, Shiba Inu and other cryptocurrencies into further corrections.

Darshan Bathija, co-founder and CEO of Singapore-based crypto platform Vauld, said: “The Nasdaq 100 has dropped once again for its fifth week in a row. The crypto markets are moving at the same pace as the stock market, and what we’re seeing right now is investors’ interest in Bitcoin. He sees i as a risky asset. In light of fears of rising inflation, many investors have taken a risk-averse approach by selling stocks and crypto to mitigate risk.”

Peter Brandt wrote on his twitter account on May 1, 2022; He said that the Bitcoin price could drop to $28,000. Today, reevaluating its stance, the revised support target is “buy when everyone else is selling, sell when everyone is buying”.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Elon Musk Officially Acquired Twitter? Yes, Elon Musk is the new owner of Twitter

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Elon Musk Officially Acquired Twitter, Twitter’s new owner and boss is Elon Musk. Elon Musk recently bought a significant amount of shares in the Twitter company. When they wanted to buy all the shares of Twitter, Twitter management did not want to sell it. But Twitter has just been sold.

Elon Musk offered to buy Twitter at $54.20 per share. The offer made at $54.20 was accepted. Twitter shareholders will receive $54.20 in cash for each share.

After Twitter was sold, explanations began to come in.

Elon Musk’s statement: “Freedom of expression is the cornerstone of a functioning democracy, and Twitter is the digital town square where issues vital to the future of humanity are discussed.”

Parag Agrawal, CEO of Twitter, said: “Twitter has a purpose and interest that impacts the world. We are deeply proud of our teams and inspired by the work that matters more than ever before.”

According to the information received, Tesla CEO Elon Musk bought Twitter for $ 44 billion. The sale of Twitter was published as the first news in the world.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

CARDANO NEWS

Hoskinsea Sold 80% of Allocated Tokens

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Hoskinsea marketplace is the largest NFT marketplace in the Cardano network, this marketplace is set to perform all the advanced functions of the NFT marketplace, pulling some of its features from other blockchain networks. Hoskinsea is preparing to solve the Cardano NFT mintage problem by providing multiple mint access, unlimited NFT buy orders and much more.

HSK Token Utilities
NFT Purchase – Token holders can purchase NFTs at a discounted price from the Hoskinsea market.

Transaction Fees – NFT issuance fees can be paid using HSK tokens

Governance and Voting – HSK token holders will be made part of the decision-making process on matters affecting our Ecosystem. Therefore, only the holders of our token will be given the right to vote on the necessary decision-making process that will affect our ecosystem.

It is important to note that the degree of votes you can cast and your participation in the voting process in question will depend on the amount of coins you have.

Exclusive Privileges – Top HSK token holders will be given exclusive access to rare edition NFTs that will only be available during the public mint

Buy AD Slots – Due to the many NFTs that will be on the platform, users will be able to purchase ad slots for their NFTs using HSK Tokens.

Read More: thecryptobasic

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

FLOKI Returns to London With Marketing Ads

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FLOKI had an advertising campaign in the UK in October 2021. England’s Advertising Standards Authority (ASA) took this ad campaign under review and started the review in November 2021 and banned Floki Inu FLOKI ads in March 2022. FLOKI has started to run its ads in London again.

The FLOKI team made a statement for the new advertising campaign on their Medium account and Twitter account :

“FLOKI will be on 300 buses in London for 3 full weeks in October. In other words, FLOKI will be everywhere! #FLOKI to completely lock down London Underground. London Underground, or the Tube, is one of the busiest tube systems in the world — handling up to 5 million passenger journeys daily. Well, you’ll be seeing $FLOKI all over the Tube in October! #FLOKI will dominate the Btok launch page starting October and through the end of the year. That’s 3 full months. Btok was one of our most impactful marketing campaigns during the early days, resulting in tens of thousands of holders. Now, we’ve locked down a bigger deal!”

For FLOKI’s other explanation, be sure to read the links below.

Source 1: realflokiinu
source 2: twitter FLOKI

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Microstrategy Denies Reports That It Is Selling Bitcoin

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The Microstrategy company, which regularly buys Bitcoin (BTC), has published news that it sells Bitcoin. Michael Saylor (CEO of Microstrategy) also made a statement on the subject. Microstrategy’s CEO, Michael Saylor, denied claims that Microstrategy was selling Bitcoin.

Michael Saylor, CEO of Microstrategy:
“Microstrategy’s CEO, Michael Saylor, has denied allegations that Microstrategy is secretly selling Bitcoin (BTC). Also, Michael Saylor said they have an obligation to report any such transaction to the SEC” (For buying and holding Bitcoin) or any material changes to Bitcoin holdings, we disclose it to our shareholders through SEC filings.” told

Also, Michael Saylor emphasized that MicroStrategy plans to continue investing in Bitcoin in anticipation of mass adoption. Besides, MicroStrategy has increased its Bitcoin holdings to around 130,000 BTC after investing an extra $200 million on a loan.

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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

Elon Buys Twitter Altcoin soars fast

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With Elon Musk investing in Twitter, a new altcoin named “Elon Buys Twitter” has emerged. The newly released Elon Buys Twitter coin has risen by over 1,500 percent. Elon Musk, who wants to take Twitter completely, is expected to take Twitter completely in a very short time.

Some time after Elon Musk bought 9.2% of Twitter shares, Twitter submitted an offer to buy it at $54.20 per share. Although Twitter executives do not want to sell, it is thought that the negotiations will be concluded in the next 1-2 weeks. In addition, a coin named “Elon Buys Twitter” emerged after the news that Elon Musk would completely buy Twitter appeared in the WSJ.

After the latest news and Elon Musk call information to get Twitter, “Elon Buys Twitter” Cryptocurrency has risen rapidly and became the top-selling altcoin on data platform CoinMarketCap.

“Elon Buys Twitter” briefly introduces itself as follows:
ELONBUYSTWITTER will give meme creators a chance to win and allow them to earn a projected income for their work. ELONBUYSTWITTER will help such enthusiastic meme creators showcase their talents to the world and add some monetary advantages to their pockets. ELONBUYSTWITTER is in the process of developing various revenue generating platforms.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

EXCHANGE, MARKETS NEWS

Huobi Tech new investment Establishes Huobi Tech Capital

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Huobi Tech continues to invest and develop its infrastructure with the newly established Huobi Tech Capital. Metaverse, which has attracted a lot of attention recently, announced that it has established Huobi Technology Capital for Defi and Web 3.

Huobi Tech, which wants to seize new opportunities in the GameFi field, established Huobi Tech Capital to capture new opportunities in Web 3.0, DeFi and Metaverse and make strategic acquisitions to strengthen its own blockchain.

Huobi Tech, which has attracted attention with its strong investments in the GameFi field, has also made its new investment in order to better adapt to blockchain innovations. With its new company, Huobi Tech plans to make it possible to purchase start-up companies operating in these fields beforehand.

source: asiaone.com

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Stripe and Twitter sign a partnership

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One of the most used social media platforms in the world, Twitter and Stripe have partnered for crypto payments. Twitter has been supporting cryptocurrencies for a while. In fact, in 2021, he was using the tip feature from the cryptocurrency.

The Twitter and Stripe partnership was announced by Karan Sharma, the crypto manager of Stripe. “As the Twitter partnership is Stripe’s first partnership, we will be testing the feature with a specific Twitter user for the Connect service,” Karan Sharma said in a statement.

Stripe’s crypto executive also said in a statement: “With this partnership, users will be able to add Twitter earnings to their crypto wallets.” “Stripe will remove all crypto-related complexity. In this way, users will be able to easily receive Twitter payments with a new option.” said.

In partnership with Twitter and Stripe, they will test USDC (USDC) cryptocurrencies for cryptocurrency payments. Testing will be done with a limited Twitter user group. In the tests, users will be able to receive their income from Super Follow and Ticketed Spaces in USDC.

Stripe Crypto Payments Detailed Information: stripe.com

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Google Cloud and Blockchain Company Aptos Labs Form a Partnership

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It has partnered with blockchain companies Aptos Labs and Google Cloud. Blockchain companies continue to grow very rapidly. Global firms like Google are accelerating their blockchain investments. Aptos Labs has partnered with Google Cloud in a move that will allow companies and developers to set up more easily within their networks.

Blockchain-focused Aptos Labs plans to provide scalable, secure and sustainable infrastructure for builders. The Layer-1 project has a great technology background, founded by former Meta employees. The project was originally launched with the goal of creating a Blockchain that could reach a wider customer base.

Aptos Labs company technology, on the other hand, is based on the Diem network that the company’s founders worked on at Meta (formerly Facebook). The company also announced the launch of its “publicly traded Devnet” in March.

Thanks to Google Cloud collaboration, anyone can run a node on the Aptos network in less than 15 minutes, adding that this is a step towards enabling developers to build without hardware requirements.

Website: http://www.aptoslabs.com
Industries: Internet Broadcasting
Company size: 11-50 employees
Headquarters: Palo Alto, CA
Type: Private Company
Established: 2021

source: aptoslabs.com

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

Dogecoin (DOGE) Themed Axe Deodorant DOGECAN

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Axe brand, one of the largest personal care brands in the world, announced that it is bringing back its meme cryptocurrency Dogecoin (DOGE) themed deodorant. We understand that the Axe brand, one of the world-famous personal care brands, supports Dogecoin.

With the announcement, we learned that Dogecoin-themed Axe deodorants will be produced in limited numbers. Axe brand deodorants are sold in many countries. Axe, the popular meme token Dogecoin (DOGE) themed deodorant, we will soon see in which countries it will go on sale. We believe that Dogecoin (DOGE) themed deodorants to be sold will be sold very quickly. An important issue: Axe announced that the product will be sold with Dogecoin (DOGE).

This announcement of Axe was made on the occasion of “Dogeday” using it on April 20. The date chosen for Dogecoin (DOGE) was suggested by Elon Musk. We know it’s big with the support of Elon Musk. Now some brands have already started shopping with Dogecoin (DOGE).

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.