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Bitcoin (BTC) Falls to Support After Rejection from $50,000

On Aug 16, Bitcoin (BTC) created a bearish engulfing candlestick and broke down from an ascending support line in the process.Sponsored Sponsored BTC is in the process of validating the line as resistance, after which it could resume its descent towards the closest support area. BTC continues descent BTC has been decreasing since it reached a high of $50,500 on Aug 23. The high was very close to the 0.618 Fib retracement resistance level (black) at $51,200. In addition to this, the downward move was preceded by bearish divergences in

Chicago Blackhawks Unveil Debut NFT Collection

The Chicago Blackhawks of the National Hockey League (NHL) have announced the launch of the team’s first non-fungible token (NFT) collection. Sponsored Sponsored Professional hockey team, the Chicago Blackhawks, have announced the team’s first official NFT collection is now available. The team is making officially licensed ERC-721 NFTs with some being sold at a fixed price and others being auctioned off to the highest bidder. The collection is available on the Sweet platform using the Amazon Web Services Content Delivery Network (CDN) to host the digital collectibles publicly. Sweet allows brands

Ethereum EIP-1559 Upgrade Adopted 34x Faster than Bitcoin Segwit

The adoption of the latest Ethereum upgrade appears to have outpaced that of Bitcoin’s Segwit by multiple factors.Sponsored Sponsored It has been a little over three weeks since Ethereum’s London upgrade was deployed on Aug 5. In that short time, it has seen rapid adoption according to Yearn Finance developer “banteg.” In a tweet on Aug 27, the developer stated that Bitcoin’s SegWit upgrade went live four years ago on Aug 25, 2017, adding that it is currently used for about 80% of BTC transactions.Sponsored Sponsored He compared that to

This time it’s different: When DeFi meets NFTs

With decentralized finance and nonfungible tokens seeing a meteoric, rise it’s easy to believe crypto apps are finally breaking through. But is there actually real user growth, or is it just the same influencers moving from one hyped market to the next? We sought to answer this puzzle and identify what it means for the future of innovation. So, let’s take a closer look at the growth of DeFi and NFTs.DeFi is arguably the most prevalent application of smart contracts today. Automated market makers, algorithmic stablecoins and yield farming strategies

Over 25 Years of Helping People Resolve Problems, You Learn A Few Things

I have a strong belief in the value of coaching and mentoring others to help them maximize their own gifts and talents….I wrote the book to both entertain and teach the reader something about tending to others. PARADISE, Calif. (PRWEB) August 22, 2021 Author Marsha Young shares both the struggles and the rewards of 25 years in Human Resources in Tending People: Portrait of a Career in HR ($16.49, paperback, 9781662824371; $7.99, e-book, 9781662824388). Many may think of their HR representative simply as the person who handles their health insurance,

Regulations Need to Facilitate Crypto Demand, Says Brazilian Central Bank President

Central Bank of Brazil President Roberto Campos Neto believes local regulations should facilitate investors’ demand for cryptocurrencies.Sponsored Sponsored “This comes out of a need that people have for payments to be very fast, open, secure, and have transparency in every sense,” Campos Neto said on Thursday at an event organized by Council of the Americas. The Central Bank President is confident that cryptocurrencies will have as large a role to play as instant payment platforms. Order and progress Campos Neto has made a concerted effort to enhance the technological savvy

Clytie Project Launches Seed Sale Round

Clytie is a platform that rewards cryptocurrency when users shop online or participate in completing tasks and games. Sponsored Sponsored Clytie incorporates the NFT marketplace, creating a space for users and creators to use $CLY to exchange digital products. Shop to earn, play to earn, and use Clytie to earn. There are four main parts: Shop online and earn crypto cashback: Clytie connects all of the stores online so users can shop, for example, Aliexpress, Amazon, eBay, and hundreds of products.Gamification: Users can play games and do tasks to earn

Bitcoin (BTC) Rebounds, Aims to Reclaim $51,000

Bitcoin (BTC) continues its uptrend and reclaimed its 200-day moving average (MA) yesterday. If the trend continues, it could lead to the long-term resistance area at $51,000.Sponsored Sponsored Looking further out, a Wyckoff distribution pattern is possible, which would take BTC to the support area at $37,300. Bitcoin rebounds After printing a gravestone doji candlestick on Aug 18, BTC rose almost 5% to close at $46,765. On Aug 20, BTC continued on its upward trajectory and is attempting to break through the previous peak at $48,150 from Aug 14. Yesterday’s

Former SEC Chairman Says Crypto Fits Existing Legal Framework

According to a recent email exchange, ex-SEC Chairman Jay Clayton sees the existing U.S. regulations as a good model for crypto rules. Sponsored Sponsored Jay Clayton spent a few years as the chairman for the U.S. Securities and Exchange Commission, which Gary Gensler now heads. In light of the recent bipartisan bill passed by the Senate, crypto regulations are the industry’s hot topic.  If the wording in the bill is left as-is after its hearing in the House, this could mean a major disruption to the crypto space. When asked about

US Army Leverages Blockchain Technology for Tactical-Level Data Management

At the Command, Control, Communications, Computer, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) Center, US Army engineers are leveraging blockchain technology for tactical-level data management.Sponsored Sponsored The center is developing its new data management capability as part of its Information Trust program. It was also one among several prototype technologies tested during the Network Modernization Experiment (NetModX). This was held at Joint Base McGuire-Dix-Lakehurst, New Jersey in May. Removing contingencies At its core, the program is intended to provide soldiers “a mathematical, verifiable way of vetting their data, from sensor to