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KINGDOM QUEST LAUNCHES IDO⚡️MEDITATE-2-EARN CRYPTO⚡️W3 STORAGE LAB RISE $3M⚡️DAILY CRYPTO NEWS
⭕️ Hello and welcome to ?DAILY CRYPTO NEWS?, a daily cryptocurrency news channel .We consider the most important and interesting news of the crypto world, which will be of interest to both beginners and experienced investors.:
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⛔️ DISCLAIMER: The information in this video is provided for educational and entertainment purposes only. Any financial and investment risks you take only on yourself. For investment advice, seek advice from financial/investment advisor(s) and conduct your own due diligence.
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⭕️Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.
⭕️Coins I hold or will hold more than $1k worth (in no particular order): BTC, ETH, ADA, SOL, DOT, AVAX, EGLD, MINA, SUPER, FEAR, CELL, DON, VPP, XCAD, RUNE, XDEFI, OPUL, LINK, RFOX, INJ, XPLOT, REALM, NIF, VPAD, SENATE, SIDUS, FORM, DON, CELL, BICO, SIS, MATIC, IMX, METIS, BNB, MANA, SAND, THETA, TFUEL,
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Kingdom Quest Launches Token IDO on Poolz. Metaverse game Kingdom Quest is launching its Initial DEX Offering on Poolz on August 19. The event gives the public an opportunity to acquire the KGC token that will fuel the Kingdom Quest economy. The token will be priced at $0.0022, with 20% issued to buyers upon sale completion and the remainder linearly vested over six months. Following the Poolz IDO, the token will have a market cap of $651,000. KGC will be distributed via a weekly leaderboard and its reward pool will extract a fixed amount of tokens.
Crypto Token Launches Meditate2Earn Program Rewarding Holders for Self-Care. The team behind Ryuuko Tsuka, an innovative new wellness token, has launched Meditate2Earn. The token is inspired by the Dejitaru TSUKA token and shares its values around community spirit, collaboration, and wellness. It will pay USDC to holders who participate in daily meditation and wellness activities and will shortly move to a community-run DAO. To date, more than $60,000 of cryptocurrency has been distributed to RYUSTUKA holders in the form of “automatic reflection payments”
W3 Storage Lab Raises $3M in Pre-seed Round. W3 Storage Lab is a Web3 decentralized application company headquartered in Sunnyvale, CA with operations around the world. Its mission is to leverage the power of Web3 to help people manage, control and protect their own data. Draper Dragon is a cross-border venture fund that connects Silicon Valley and Asia. Founded by Larry Li, Andy Tang, Bobby Chao, and Tim Draper in 2006. Draper Dragon has offices in Silicon Valley, Toronto, Shanghai, Hong Kong, Singapore, and Bangalore.
?Please LIKE, COMMENT, and SUBSCRIBE for more!?
=============================
⛔️ DISCLAIMER: The information in this video is provided for educational and entertainment purposes only. Any financial and investment risks you take only on yourself. For investment advice, seek advice from financial/investment advisor(s) and conduct your own due diligence.
=============================
⭕️Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.
⭕️Coins I hold or will hold more than $1k worth (in no particular order): BTC, ETH, ADA, SOL, DOT, AVAX, EGLD, MINA, SUPER, FEAR, CELL, DON, VPP, XCAD, RUNE, XDEFI, OPUL, LINK, RFOX, INJ, XPLOT, REALM, NIF, VPAD, SENATE, SIDUS, FORM, DON, CELL, BICO, SIS, MATIC, IMX, METIS, BNB, MANA, SAND, THETA, TFUEL,
❌crypto,crypto news,crypto news today,DAILY CRYPTO NEWS,сrypto news from daily crypto news,сrypto news from,daily crypto news,binance seeks to strengthen,binance,bitcoin,binance exchange,ethereum,bitcoin news,binance seeks,cryptocurrency,binance seeks to,btc,xrp,terra luna,european union cbdc testing,cbdc,eth,cbdc testing,cbdc crypto,eth price,european union,cnbc,cardano,stock market,bitcoin price prediction,stocks,dogecoin news today,altcoin,xrp news
=============================
SUBSCRIBE TO OUR OTHER CHANNELS:
? Twitter: https://twitter.com/DCNmediaUS
? Instagram: https://www.instagram.com/dcn.media/
? Pinterest: https://www.pinterest.com/DCNmedia/
=============================
Kingdom Quest Launches Token IDO on Poolz. Metaverse game Kingdom Quest is launching its Initial DEX Offering on Poolz on August 19. The event gives the public an opportunity to acquire the KGC token that will fuel the Kingdom Quest economy. The token will be priced at $0.0022, with 20% issued to buyers upon sale completion and the remainder linearly vested over six months. Following the Poolz IDO, the token will have a market cap of $651,000. KGC will be distributed via a weekly leaderboard and its reward pool will extract a fixed amount of tokens.
Crypto Token Launches Meditate2Earn Program Rewarding Holders for Self-Care. The team behind Ryuuko Tsuka, an innovative new wellness token, has launched Meditate2Earn. The token is inspired by the Dejitaru TSUKA token and shares its values around community spirit, collaboration, and wellness. It will pay USDC to holders who participate in daily meditation and wellness activities and will shortly move to a community-run DAO. To date, more than $60,000 of cryptocurrency has been distributed to RYUSTUKA holders in the form of “automatic reflection payments”
W3 Storage Lab Raises $3M in Pre-seed Round. W3 Storage Lab is a Web3 decentralized application company headquartered in Sunnyvale, CA with operations around the world. Its mission is to leverage the power of Web3 to help people manage, control and protect their own data. Draper Dragon is a cross-border venture fund that connects Silicon Valley and Asia. Founded by Larry Li, Andy Tang, Bobby Chao, and Tim Draper in 2006. Draper Dragon has offices in Silicon Valley, Toronto, Shanghai, Hong Kong, Singapore, and Bangalore.
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K4 Rally: A Game That Allows You to Race Other Cars on the Blockchain. K4 Rally is bringing a high-quality graphic web browser game with many features for the community. It is a combination of three critical aspects of blockchain. The first component is the NFTs which players can level up, purchase, sell, and trade to earn crypto. Every car, its parts, and certain in-game items will be tradable ERC-721 tokens. The gameplay begins with players driving cars on various rally-stage tracks in different modes. The player levels up the car with consumables, and a significant level-up happens after every ten levels. Players also get to participate in competitive driving tournaments where the duration of driving a car will be compared to other players. K4 Rally's community-first game economy offers a new notion for other gaming projects. The game’s motive is to create a fun racing game and provide short and long-term motivation to players.
El Salvador Invites Over 40 Central Banks for International Event on Bitcoin. El Salvador will host an international bitcoin event on Monday where 44 central banks and key financial institutions have been invited. The event will discuss financial inclusion, digital economy, banking the unbanked, the #Bitcoin rollout and its benefits in El Salvador. IMF urged El Salvador to remove bitcoin as a legal tender in January this year, citing it as a threat to market integrity, financial stability, and consumer protection. A US bill cleared by a Senate Committee in February has sought relevant departments to study the adoption of bitcoin by El Salvador and report to Congress on how it affects US interests abroad. El Salvador hosting an international conference on bitcoin adoption and other related topics. El Salvador bought the dip and added 500 BTC to the government coffers, taking the total number of BTC holding to 2,301, worth about $71 million.
Portugal to Begin Taxing Cryptocurrencies, says Finance Minister. Portugal has committed to creating a fiscal framework for cryptocurrencies. The government will examine relevant frameworks already created in other jurisdictions when building its own. The biggest difficulty in creating this framework is to properly define cryptocurrencies. Portugal’s crypto industry is seeing steady growth and adoption. Last month, the central bank gave its very first approval to a financial institution to begin offering crypto-related services. A Portuguese home was purchased using Bitcoin, without involving conversion to fiat money.
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Binance Suspends Spot LUNA, UST Trading as CZ Outlines Disappointment With Terra’s Actions. TerraForm Labs CEO says he was “very disappointed” with how the team handled the situation. LUNA's supply of LUNA has skyrocketed to over 6.5 trillion as of now from 350 million on May 9. The world’s largest crypto exchange suspended LUNA and UST spot trading shortly after doing so to the LUNA coin-margined perpetual contracts. The latter, being an algorithmic stablecoin, essentially allowed users to profit by arbitraging it against LUNA ever since it started to de-peg from the USD.
Elon Musk Explained Why His Twitter Acquisition Is on Hold. Elon Musk informed that his acquisition of Twitter had been delayed because of issues related to fake accounts and scams on the popular social medial platform. Musk updated on May 13 that the deal has been put “temporarily on hold pending details supporting” this claim. His buyout offer, worth approximately $44 billion, was accepted in late April. Peter Schiff, one of the most vocal BTC critics, was quick to comment on Musk’s post, suggesting that the billionaire never actually intended to buy Twitter.
FTX’s Sam Bankman-Fried Buys 7.6% Stake in Robinhood, HOOD Surges 23%. Bankman-Fried bought a stake in Robinhood because he regards it as an “attractive investment. Robinhood, through its communications team, echoed this statement in a tweet. Robinhood decided to dabble in crypto trading in 2018. Thereafter, the firm’s revenue shot up to $1.8 billion in 2021, from $278 million in 2019. Funded accounts also increased from 5 million to 22 million.
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Soccer Team RCD Espanyol to Become the First Spanish Club to Accept Crypto Payments. RCD Espanyol will allow its supporters to buy tickets, food and beverage during matches, and merchandise products in bitcoin, ether, and other digital assets. The club partnered with Crypto Snack, a financial application based in Barcelona and Estonia, which has a native iGaming token, called SNACK. Mexican soccer team Tigres allows fans to buy passes for matches in crypto. The team partnered with Bitso to make it possible. The President of the team hinted that this might not be the last cryptocurrency endeavor initiated by the team.
Bitcoin Stalls Below $30K, Polkadot Recovers Another 7% (Weekend Watch). The largest digital asset stood close to $40,000 before it plummeted by $4,000 in a day. It dumped further more in the next couple of days and found itself struggling to remain above $30,000. However, it seemed almost inevitable that it will break below that level. Binance Coin is close to $300 now, after dipping to $230 days ago. Ripple, Cardano, Solana, Polkadot, TRON, and Shiba Inu have retraced by up to 4%. Polkadot and Avalanche are the only notable price gainers. Bitcoin Cash and Monero have gained the most between 5% and 7%.
97% of Crypto Hacks Were Against DeFi Projects: Report. $1.7 billion worth of digital assets were stolen by perpetrators in 2022, with 97% coming from DeFi protocols. Money laundering and DeFi hacking have been the two major criminal activities on such protocols, Chainalysis’ report shows. Most stolen funds have gone to hackers with ties to North Korea. NFT Wash Trading is a form of market manipulation that artificially inflates an illiquid asset. Wallets controlled by the same entity can trade NFTs in between, giving market participants a wrong perception that the demand for the asset is higher than its actual level.
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TCG World Partners With Shark Tank-Backed JPiC to Co-host The Metaverse Expo 2022, Las Vegas. The Metaverse Expo 2022 is a 3-day event held at the Las Vegas Convention Center on 8th – 10th July 2022 that will bring together entrepreneurs, industry experts and crypto enthusiasts in the Metaverse, Gaming and NFT Space. The event is taking place over three days in the renowned Las Vegas convention center and also includes on stage panel discussions, live performances, virtual land giveaways and a chance to network with a range of high value industry professionals. Exhibitors can choose from three different sized booth packages, Diamond (30’x30‘), Platinum (20‘x20’) and Gold (10×10) which also includes 20 free tickets for the team and a speaking slot.
Crypto Price Analysis May-13: Ethereum, Ripple, Cardano, Solana, and Shiba Inu. ETH has recovered above $2,000 and has found good support at $1,900. ETH lost 22% in the past seven days, with the largest selling volume taking place on Thursday. There are signs of optimism that the spike in volume yesterday may indicate a possible reversal in the downtrend. XRP took a nosedive yesterday to a level not seen since February 2021 at $0.336 (Binance) The selloff was sharp, and since then, XRP’s price has recovered to some extent. Overall, it lost 25% in the past seven days. ADA performed the worst in the past seven days, losing 28% of its valuation. Yesterday, its price fell to $0.40 (Binance), where it found support, and now it sits just under the key resistance. The volume spiked yesterday but now seems to decrease, which should lower volatility.
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Drunk Robots Partners With YGG SEA and Boosts the Arena Prize to 5M METAL. Drunk Robots features a PvP leaderboard, with the results drawn up at the end of each season. The seasonal prize will increase to 5,000,000 $METAL, or over $50k. Drunk Robots is a play-to-earn game on the binance smart chain. Players have a mission to survive and seize the city overrun by the drunk, junky robots whose only interests are metal beer and violence.
Green Market Watch: Bitcoin Rebounds $5K, Cardano and Polkadot Recover 25%. On May 5, bitcoin stood close to $40,000, with the community anticipating another price jump. BTC firstly dumped by $4,000 in hours before sliding below $34,000 just a few days later. BTC has retraced slightly but still stands above the coveted $30,000 mark. ETH now stands well above $2,000 after a 7% daily increase. Binance Coin dumped hard but now trades around $300 following a 17% increase. Cardano, Polkadot, Avalanche, and Shiba Inu have painted even more impressive daily gains. Terra is down by another 99% in the past 24 hours and now stands below $0.0004.
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Binance Seeks to Strengthen its Legal Team. Majority of open positions are with Binance Holdings Ltd., the company responsible for all firm activities outside of the US. At the time of writing, two positions in the legal division at Binance US are taking applications. The value of all digital assets has taken a tumble of over $500 billion since the start of May alone. Many crypto exchanges are making a concerted effort to increase regulatory oversight that could prevent future tomfoolery.
European Union Could Start Testing a CBDC in 2023, ECB Executive Says. Panetta said the digital euro could boost the European economy when used as legal tender among all EU members. He also noted that the ECB and other institutions will help stimulate adoption through various tactics, including a heavy advertising campaign. Panetta said the digital euro could help preserve confidence in fiat money by helping to maintain its role as a monetary anchor in the digital age. He said stablecoins are vulnerable and have no guarantee to be redeemable at any given time.
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Australia to Focus on Crypto Taxation This Year. Tax regulator treats crypto assets as digital property, hence Aussies who sell their digital assets, including non-fungible tokens (NFTs), are expected to calculate and record their capital gains or losses in their tax returns. For clarity, capital gain or capital loss is the difference between the price of an asset at the time it was purchased and the price at the. time it. was disposed of. The ATO intends to focus on three other key areas – record-keeping, work-related expenses, and rental property income and deductions. Aussies are expected to keep good records of their crypto transactions. Anyone who deliberately reports inaccurate capital gains on their crypto assets may face tax penalties from the ATO after an audit. ATO has previously warned crypto traders about the risks they face by reporting incorrect figures for tax purposes.
XRP Price Analysis: Ripple Drops 42% in a Week, What’s Next?. By Grizzly, Grizzly.com will be featured in a weekly Travel Snapshots gallery. Visit CNN.com/Travel next Thursday for a new gallery of snapshots. On the daily chart, XRP is moving downward in a descending channel. Currently, the support zone at $0.33 has prevented any further price declines. To confirm the reversal of momentum, the price must form a higher high and a higher low. The structure taking shape in the 4-hour timeframe can be considered bullish if Ripple can form a higher high above the resistance zone outlined in red. The last ascending wave, however, appears weak, which could mean that retesting $0.33 might not be out of the question yet.
Global Watchdogs to Regulate Stablecoins Following TerraUSD (UST) Fiasco. The United Kingdom Treasury revealed plans to legalize stablecoins as a payment medium in the country. The move comes as part of the financial legislation mentioned in the Queen’s Speech. The organization has no plans to add any algorithmic stablecoins to the proposed legislation. South Korean regulators have launched an emergency check on trends and are currently making plans to enact legislation. Dubbed the Basic Act on Digital Assets, the proposed legislation will reportedly include consumer protection. Watchdogs want to create an opportunity for financial consumers to become aware of the risks of investing in virtual assets.
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CZ Binance: I Would Like to See More Transparency From Terra’s Team. The CEO of Binance, Changpeng Zhao (CZ), said he expects more transparency from Luna’s team. CZ said that Binance didn’t participate in the second round of funding for Luna, and they didn't acquire any UST. Binance Labs backed Terra with $3 million back in 2018 before UST was even a thing. He also clarified that “the last few days, we tried hard to support the Terra community, I am simply pointing out the potential issues from my understanding”
Can Litecoin Reenergize Users With New MimbleWimble Upgrade? (Opinion). MimbleWimble Litecoin update has been the cryptocurrency’s most hotly anticipated upgrade. MWEB removes unnecessary transaction data from the blocks through compression. It also reduces the block size for greater speed and scalability. The locked-in and propagating LTC upgrade is more good news this month for the crypto. Gucci announced in early May that it will be accepting Litecoin for payment later this month.
Polkadex Locks in Polkadot Parachain Slot by Allocating Nearly 1 Million DOT. Polkadex secured one of the coveted slots on Polkadot Parachain Auction for nearly two years. The team will lock in their spot on the network on the 4th of June. The bid was placed using Polkadots' crowdloan feature, garnering funds from over 6,000 contributors. PolkadeX has already partnered with big-league names like Equilibrium, Kraken, and KuCoin on the way. Polkadex supporters will receive at least 2 PDEX tokens for every DOT they contributed. The top 1000 participants will also get exclusive utility-based NFTs that will guarantee discounted trading fees for holders. Polkadot's next parachain auction will start on the 12th of May.
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Indian Regulator Makes it Harder for Celebrities to Endorse Crypto. SEBI report warned prominent public figures of being held responsible for making endorsements that prove to violate the Consumer Protection Act, Foreign Exchange Management Act, and Prevention of Money Laundering Act (PMLA) ASCI Guidelines were introduced in February this year, and taxation proposals in budget 2022-23 for the crypto sector used the term. The reference to VDA is purely for taxation purposes, and it doesn't mean the legalization or regulation of digital assets. The SEBI recommendation to make celebrity endorsement tough for crypto products is the latest in a series of strict policy decisions by Indian authorities. This follows a steep 30% income tax on digital asset profits, effective April 1, 2022.
Bitcoin Price Analysis: BTC Fails to Conquer $30K, More Pain to Come?. By Shayan . Shayan: I'm going to be very happy to be here again Bitcoin is now consolidating at around $29K, while the RSI indicator suggests the market is in an oversold state. The 50-day and 100-day moving averages have completed a bearish crossover, which might increase the odds of lower prices. The following key levels of support for bitcoin are the $24K and $20K substantial demand levels. On the lower timeframes, the $30K demand zone failed and was broken with significant bearish momentum. This indicates that the continuation of the bearish trendline is showing symptoms of exhaustion. The market is expected to enter a mid-term consolidation phase.
ADA Price Analysis: Cardano Rallies 50% From May 12th Crash, is the Bottom in?. ADA is currently trying to make a higher low. If successful, ADA could prepare the stage for a sustained recovery. Trading Volume spiked on May 12th but then quickly faded. ADA has to break the key resistance at $0.60 to turn bullish. The bias for ADA is neutral. Cardano suffered a significant correction this year, going from $1.6 (January) to $0.40 (May) At the time of this writing, it seems as if the cryptocurrency has a chance to enter a sustained relief rally.
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