GG
BITCOIN PRICE ANALYSIS & PREDICTION (August 5) – BTC Dumps To $49k Amid Crypto Bloodbath, Recovers Slightly But Still Looks Weak
Losing 25% of its value in a week, Bitcoin recorded its biggest fall since it started correcting in March and dipped under the controversial $50k level today. Due to this, several altcoins have rolled back their bottoms. For the first time in six months, Bitcoin tested a low of $49k earlier today following a week dump from $70,000. However, it has recovered briefly in the past hours due to rejection and is now floating well above the vital $51k level. This latest dump has generated a lot of panic sell and negative sentiment across the crypto industry. Altcoins have suffered...
Bitcoin ETF creates records, from Hong Kong to Australia, as BTC rises 4%
Journalist Hong Kong Bitcoin ETF reserves touched 4,941 BTC, worth over $310 million. BTC was up by 4% in the last 24 hours, but a few metrics were bearish. Bitcoin [BTC] ETFs have remained a hot topic of discussion in the crypto space since their approval in January 2024. While the United States dominated the ETF sector at a global level, new players have now started to enter. For example, Australia and Hong Kong ETFs recently set records. Bitcoin ETF: Australia, Hong Kong lead the way To begin with, Hong Kong’s Bitcoin ETFs have witnessed a substantial increase in flows...
Remote Japanese Village Turns to NFTs to Support the Elderly
By Philip Maina 2 months agoThu Jun 27 2024 10:51:32 Reading Time: 2 minutes A remote Japanese village is using NFTs to support its ageing population The village is selling collectibles and using the proceeds to organize school events and other community initiatives The project has the blessings of the country’s ruling party, which contributed $62,500 as a grant Japan’s Neo-Yamakoshi village found in the Niigata mountains is changing how it cares for its elderly population by turning to NFTs . The village is using an NFT collection dubbed “Nishikigoi” to raise funds that go into funding community projects like...