Biggest Movers: MATIC Extends Bull Run, SHIB Falls for 5th Straight Day Polygon climbed higher for a third straight session on Monday, as the token continued to move away from a recent support point. After a mostly bearish weekend, crypto markets eased back into the green to start the week. Shiba inu was a notable exception, as it extended a recent downtrend. Polygon (MATIC)Polygon (MATIC) continued to move away from a recent support point of $0.5380 on Monday, as bulls’ momentum made a partial return to the market. After trading at a low of $0.5479 on Sunday, MATIC/USD surged to an intraday peak of $0.5624 earlier today.

Over 10,000 South African Retail Outlets Now Accept Momint Crypto Vouchers Momint, a Web3 marketplace app, has said South African residents can now use cryptocurrency to purchase shopping vouchers which are accepted by over 10,000 retailers. The Momint app can also be used to send cross-border remittances at a fraction of the fees charged by regular money transfer companies. Vouchers Accepted by Popular BusinessesMomint, a Web3 marketplace, has launched a blockchain wallet which allows South African residents to purchase a shopping voucher with cryptocurrency, a report has said. Holders of the voucher can make payments at over 10,000 retail outlets across the African country. According to a Mybroadband report, South Africa’s retail giants such as Checkers, Woolworths, Engen, and Takealot are some of the outlets that accept the Momint vouchers. The report added that the voucher is also accepted at some 5,000 international retailers.

Eye-Scanning Worldcoin (WLD) Project To Face Inquiry From UK Watchdog: Report A crypto project co-founded by OpenAI’s Sam Altman will face an inquiry from a UK data watchdog. According to a new Reuters report, Britain’s data regulator says it will examine Worldcoin (WLD), a crypto ID project that utilizes iris scanners to verify users’ identities.

Bitcoin Price Analysis: BTC Bulls Aim Fresh Uptrend Bitcoin price is showing positive signs above $28,000 against the US Dollar. BTC might correct lower but dips could be limited below the $27,400 zone. Bitcoin Price AnalysisBitcoin price started a steady increase from the $25,000 support zone. The price gained and cleared many hurdles near the $26,500 and $27,000 levels. There was a clear move above the $27,500 level and the 55 simple moving average (4 hours). The price even rallied above the $28,000 resistance zone. However, the bears were active near the $29,000 zone. A high was formed near $29,050 and the price is now consolidating gains.

‌Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention: • Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo. • Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd. Launched? May 29th • Results so far? 750 holders, $3.5m market cap. • CEX listing? First listing on MEXC today at 12pm UTC. • Next CEXs? They are in contact with Bybit, Huobi, OKX • Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS. DYOR, but from my side, this might be a massive pump. Don't forget to thank me later. 🧿 Rating: coinmarketcap 💰 Buy: uniswap, mexc 🐦 Follow: twitter

Hotbit Exits CEX Market Amid Declining Exchange Trading Volumes Summary: Hobit users were told to withdraw all assets from the crypto exchange by Wednesday, June 21 before 4 PM UTC.The platform will shutter all centralized exchange or CEX operations today May 22 by 4 PM UTC amid declining exchange trading activity and months after a criminal investigation into a former Hotbit manager.Hotbit also cited stifled cash flow due to a U.S. banking crisis and the after-effects of FTX’s crash last November as reasons for its decisions.Amid declining crypto exchange trading volumes and on/off ramp difficulties, one CEX player is leaving the game for good. Hotbit, a crypto exchange operating out of Shanghai and Taipai with 5 million users, announced the shutdown of all CEX operations starting today May 22. Users will have until 4 PM UTC on June 21 to withdraw all assets from the platform.

Stablecoins at the Forefront of Developments in Tokenization of Money, Says Bank of England Deputy Governor Bank of England Deputy Governor Sir Jon Cunliffe says that stablecoins have a critical role to play in the tokenization of money. In a new speech on the future of money, Cunliffe predicts that stablecoins are going to see widespread adoption for a variety of different uses.

Biggest Movers: LINK Climbs Above $7.00, as DOGE Rebounds From Recent Decline Dogecoin rebounded from a recent decline on Friday, as cryptocurrency markets shook off yesterday’s bear wave. The meme coin has now risen by over 5%, a day after falling by the same sum. Chainlink was another notable mover, as prices climbed by over 7%. Dogecoin (DOGE)Dogecoin (DOGE) rose by as much as 5% in today’s session, as the meme coin recovered from yesterday’s bear run. Following a low of $0.07007 on Thursday, DOGE/USD raced to an intraday high of $0.07579 earlier today.

What Ether Validators Should Know As The Shanghai Hard Fork Nears The Ethereum foundation has called on Ethereum validators to prepare for the upcoming Shanghai network upgrade, which is set to unlock their validator balances for withdrawal. In a community update earlier this week, the foundation confirmed that the upgrade “is expected to take place in the first half of 2023,” increasing the probability of it shipping in March, as earlier reported.

Bitcoin Price Analysis: BTC Aims Steady Increase To $18K Bitcoin price is recovering above $16,500 against the US Dollar. BTC might extend its recovery if it stays above the $16,600 support zone. Bitcoin Price AnalysisBitcoin price remained well supported near the $16,250 zone. The price formed a base and started a recovery wave above the $16,500 level. There was a decent increase above the $16,650 resistance zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $16,780 on the 4-hours chart of the BTC/USD pair.

Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits While bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November. Presently, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash per second (EH/s) after dropping below the 200 EH/s range six days ago. Bitcoin’s Hashrate Slips LowerThe first week of November 2022 was brutal for digital currency prices as FTX’s collapse rippled across the entire industry in a negative fashion. Prior to the FTX fallout, bitcoin was trading above the $20K zone and the network’s total hashrate was coasting along at roughly 270 to 290 exahash per second (EH/s) before the blowout. There was a quick burst of increased hashrate the day after FTX filed for bankruptcy and BTC’s total hashrate tapped an all-time high on Nov. 12, 2022. At block height 762,845, bitcoin miners managed to get the hashrate to briefly rise to a whopping 347.16 EH/s. Since then, the hashrate has divebombed and slid below the 200 EH/s range on Nov. 26.

Report: Saudi Government Privately Mocks Joe Biden’s Mental Acuity, Crown Prince Denies US President’s Oil Requests According to a recent report, members of the Saudi government and crown prince Mohammed bin Salman have been privately mocking U.S. president Joe Biden by questioning his keenness of thought and mental acuity. The report follows Biden’s recent trip to the region in July, when the U.S. president pressed the Saudis for more oil production, but the Saudi government refused his requests. Report Says Fist-Bumping Biden Privately Mocked by Members of the Saudi Government, Saudi Television Broadcast Makes Fun of ‘Sleepy Joe’Saudi Arabia’s government doesn’t seem to like U.S. president Joe Biden, as a report from the Wall Street Journal (WSJ) shows crown prince Mohammed bin Salman and many others have mocked the American leader. Biden and vice president Kamala Harris were also made fun of on a television broadcast aired in Saudi Arabia. The Saudi television broadcast openly mocks Biden’s alleged cognitive decline and leverages the nickname “Sleepy Joe.” Three reporters from the WSJ — Stephen Kalin, Summer Said, and Dion Nissenbaum — wrote on October 24, that unnamed members of the Saudi government say the prince and his team privately make fun of president Biden. “Saudi crown prince Mohammed bin Salman, the kingdom’s 37-year-old day-to-day ruler, mocks president Biden in private, making fun of the 79-year-old’s gaffes and questioning his mental acuity, according to people inside the Saudi government,” the WSJ reporters said.

Erdogan Suggests Turkish-Russian Payment System, Local Media Reports Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been working with them to facilitate payments by Russian tourists visiting the country. President Erdogan Tasks Turkish Government With Developing Mir Alternative, ReportPresident of Turkey Recep Tayyip Erdoğan has instructed ministers to develop a payment system with Russia to serve as an alternative to the Russian banking system Mir. According to the A Haber TV channel, Turkish and Russian officials have already held talks on this matter. The move follows a statement from Washington that the United States would try to persuade Turkey to limit support for Mir. Its cards are one of the few remaining options for Russians vacationing in Turkey as Western sanctions have cut them off from major global credit cards and also destinations. Many of them visited Turkey this year.

Whitepay Introduces Crypto Payments to Ukraine’s Tech Stores Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset exchange Whitebit, has recently implemented crypto payments in the country’s largest tech stores. Crypto Platform Whitepay Launches Coin Payments in Major Tech Stores in UkraineWhitepay, one of the platforms operating as part of crypto exchange Whitebit’s ecosystem, has introduced cryptocurrency payments for the products offered by major Ukrainian tech stores, the crypto news outlet Forklog unveiled. Among the electronics retailers, whose customers will now take advantage of the new service, are Tehnoezh (Техно Їжак in Ukrainian) and Stylus, which manage leading online platforms in the sector, the report details.

LBank Exchange Will List BTCMININGNFT (BMN) on August 19, 2022 INTERNET CITY, DUBAI, Aug. 17, 2022 – LBank Exchange, a global digital asset trading platform, will list BTCMININGNFT (BMN) on August 19, 2022. For all users of LBank Exchange, the BMN/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on August 19, 2022. As a new powerhouse in bitcoin mining investment, BTCMININGNFT (BMN) legally gives investors the opportunity to visit bitcoin hashrate through corporate systems and converts the hashrate of one-stop mining machine into NFT to enable high profits for maximizing wealth. Its native token BMN will be listed on LBank Exchange at 18:00 (UTC+8) on August 19, 2022, to further expand its global reach and help it achieve its vision.

‌Get a piece of NFT land in the Crypto Soul World metaverse! Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet. Right now the price of a token is only $0.01 and continues to rise due to high demand. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.

FREE NFT GIVEAWAY! Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community. Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet. Right now the price of a token is only $0.01 and continues to rise due to high demand. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.

Get a free NFT land in the new metauniverse RIGHT NOW! Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance. CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch. When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched! Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants. The metauniverse is scheduled to launch on September 1.

Funko Plans to Launch Jay and Silent Bob NFT Collection via the Digital Collectibles Platform Droppp Three months ago, Funko Inc., disclosed that it was entering the non-fungible token (NFT) industry when it announced it acquired a majority ownership stake in the NFT startup Tokenwave. At the time, Funko’s CEO Brian Mariotti explained that “Funko Pop digital NFTs” have the potential to be a “game-changer.” On Friday, Funko announced the company is launching a new NFT collection featuring Jay and Silent Bob from the filmmaker Kevin Smith’s Clerks films. Funko to Introduce Jay and Silent Bob Non-Fungible Tokens and Corresponding Physical VersionsThe cult classic characters from the Clerks movies, Jay and Silent Bob, will be showcased in a new non-fungible token (NFT) collection released by the publicly-listed pop-culture consumer products firm Funko (Nasdaq: FNKO).Jay and Silent Bob are best known for appearing in the Clerks films, but they also appear in all of Kevin Smith’s Askewniverse movies. The duo also star in their own films “Jay and Silent Bob Strike Back,” “Jay & Silent Bob’s Super Groovy Cartoon Movie,” and “Jay and Silent Bob Reboot.”Funko announced the Jay and Silent Bob NFT collection on Friday via Twitter and Facebook and noted that the collection will drop on Tuesday, July 26, 2022. “Jay and Silent Bob x Funko Series 1 Digital Pop! coming soon to Droppp,” Funko tweeted.The website digital.funko.com gives a bit more information on the upcoming Jay and Silent Bob NFT compilation. According to the site, Funko is releasing Jay and Silent Bob digital collectibles, but also physical versions of the Jay and Silent Bob Funko Pop characters will be created as well. Funko’s Digital Pop NFTs Join Dozens of Well Known Brands Issuing Digital Collectible Products

Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’ Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20K while ether will sink to $1K. Peter Schiff Shares Future Outlook for Bitcoin, Ether, CryptoGold bug Peter Schiff, the chief economist and lead strategist at Euro Pacific Capital and founder of Schiffgold, has made some dire predictions about bitcoin, ether, and the crypto market in general.

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Coinweb is one of the most promising projects Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.

Blog: Markets and news: May 20, 2022

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Could Bitcoin Drop Another $10K? Analysts Weigh In With the price of bitcoin dropping even further and further down (at the time of writing, the world’s leading digital asset is trading for just under $38,000), many are wondering what kind of rough factors await the crypto space. How Much Lower Will Bitcoin Go?2022 has been a rough year for BTC and its altcoin cousins, especially when one considers the fact that roughly six months ago, the granddaddy of all crypto was trading for about $30,000 more than where it presently is. Now that the Fed has announced plans to potentially hike rates by as much as 50 basis points, some analysts believe bitcoin could fall to around $10,000… maybe even less. This is a very dramatic drop, though it’s not implausible to assume this could happen not only because of the volatility that often comes with bitcoin, but also because the asset is now taking on more of a hedge form against inflation, which is at a 40-year high. These rate hikes are designed to control inflation, and with prices once again under control, bitcoin could find itself in a rather gray area.

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All About GADA Sale on KICK.IO On April 20th, GADA, Cardano’s first permissionless and community-governed launchpad ecosystem, will hold a sale on KICK.IO! GADA uses two launchpads – GADA Pro and GADA Light – to assist various projects in raising liquidity and distributing tokens in a stress-free manner.

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