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Bitcoin documentaries can serve as a tool for advocacy, helping to promote the adoption and acceptance of Bitcoin and other cryptocurrencies. Bitcoin documentaries play an important role in educating and informing the public about the cryptocurrency space. They can help to demystify complex concepts and technology, making them more accessible to a wider audience. Additionally, documentaries can provide a historical perspective on the development of Bitcoin (BTC) and the cryptocurrency industry, helping to contextualize current events and trends. By highlighting the potential benefits and drawbacks of Bitcoin and other cryptocurrencies, documentaries can also contribute to public discourse and decision-making. They can also help to raise awareness of issues, such as financial inclusion, privacy and security, which are vital considerations for the future of the cryptocurrency space. Furthermore, Bitcoin documentaries can serve as a tool for advocacy, helping to promote the adoption and ...

According to crypto data analytics firm CryptoQuant, an on -chain metric is giving off a definitive Bitcoin buy signal for the first time since 2019. CryptoQuant’s Profit and Loss (PnL) Index, an index constructed from three on -chain indicators relating to the profitability of the Bitcoin market, recently crossed back above its 365-Day Simple Moving Average (SMA) after a prolonged spell below it. The PnL Index chopped either side of its 365-Day SMA in 2020 and 2021. The last time it broke decisively to the north of its 365-Day SMA after a prolonged period below it was back in 2019, a few months after the market had bottomed. “The CQ PnL Index has given a definitive buy signal for BTC,” CryptoQuant note, before stating that “the index crossover has implied the start of bull markets in past cycles”. “It is still possible for the index to fall back below,” CryptoQuant cautioned in a blog post. But the Bitcoin bulls will be ad...

Source: TradingView The XRP price has dropped by $0.400093 in the past 24 hours, representing a fall of 3% as the market as a whole dips by only 1%. The current price marks a 0.5% in a week and a 15% gain in the last 30 days, with XRP doing very little in response to the news that Ripple has appointed a new President, long-time employee Monica Long. However, while the appointment of a new President at this juncture may possibly raise hopes that a decision is near in Ripple's case with the SEC, opinion remains mixed on the firm's chances of securing a positive decision. Because while some observers have long affirmed that Ripple has a strong case and the SEC a weak one, others have also suggested that there remains a chance the dispute could go to a full jury. XRP Price Prediction as Ripple Announces New President while SEC Lawsuit Decision Approaches – XRP Pump Incoming? XRP's current price leaves it with a mixed set of indicators. Its relative strength ...

Aronow said he will still be contributing as a board member and strategic advisor. However, his priority will be to get the best medical treatment he can to make a full recovery. Nonfungible token (NFT) entrepreneur Wylie Aronow of Yuga Labs — the team behind Bored Ape Yacht Club (BAYC) and CryptoPunks — will be taking a leave of absence from the office to manage a host of heart failure symptoms. In a Jan. 28 Twitter post to his 144,900 followers, Aronow said the tough decision to step away came on the back of a heart failure diagnosis after experiencing a myriad of symptoms over the last few months. Some heavy news: a few days ago I was told by my doctor I have congestive heart failure. Symptoms started last year out of the blue and I put off seeking help (like an idiot) so I could keep working. But after testing, my doctor called and asked me to radically change my life. — GordonGoner.eth (Wylie Aronow) (@GordonGoner) January 28, 2023 The NFT entrepreneur explained that whi...

Image Source: Unsplash Amazon reportedly aims to dabble into NFTs and Web3 gaming with an upcoming initiative related to digital assets.  The world’s largest retailer is planning to launch a “digital assets enterprise” focused on non-fungible tokens and Web3 gaming this spring, Blockworks reported Thursday, citing four anonymous sources familiar with Amazon's intentions. Per the report, Amazon’s initiative is in the relatively early stages of development and the firm is expecting to make an official announcement in April. Furthermore, the e-commerce giant has more than a dozen partners lined up for the project, including layer-1 blockchains, blockchain-based gaming startups and developers, and digital asset exchanges. “One example in the works, per one source: getting Amazon customers to play crypto games and claim free NFTs in the process,” the report said, adding that Amazon executives leading the initiative have reached out...

Bitcoin price has flashed a few bullish signals, but traders are not too keen on adding leverage longs until after the Federal Reserve shows its cards on Feb. 1. Bitcoin (BTC) price had a mixed reaction on Jan. 25 after the United States reported a 2.9% gross domestic product growth in the fourth quarter, slightly better than expected. Still, the sum of all goods and services commercialized between October and December grew less than 3.2% from the previous quarter. Albeit somewhat optimistic, another data set limiting investors' confidence was news that the U.S. Federal Reserve (FED) would revert its contractive measures anytime soon as U.S. durable goods orders jumped 5.6% in December. The indicator came in much higher than anticipated, so it could potentially mean that Interest Rates could be increased for a little longer than expected. Oil prices are also still a focus for investors, with crude WTI approaching its highest level since mid-September, currently trading at $81.50. ...

Image Source: Luno Cryptocurrency exchange Luno, which is owned by crypto conglomerate Digital Currency Group, has slashed 35% of its global workforce. The company, which has offices in Africa, Southeast Asia, and Europe, reportedly informed employees during a live-streamed town hall on Wednesday.  “2022 has been an incredibly tough year for the broader tech industry and in particular the crypto market,” Marcus Swanepoel, CEO of the exchange, reportedly said in an internal memo, adding: “Luno unfortunately hasn’t been immune to this turbulence, which has affected our overall growth and revenue numbers.” According to its LinkedIn page, Luno had around 960 employees, suggesting that the recent layoff has impacted more than 330 employees. The layoffs are largely from within the exchange's marketing team, a spokesperson reportedly said. Swanepoel said that the difficult decision comes as the crypto market has seen a “ser...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Yoqneam, Israel, 25th January, 2023, Chainwire Cyvers, a web3 security company founded by Deddy Lavid and Meir Dolev, has released a security report analyzing the major events, types of threats, and best practices for protecting assets in the DeFi space. The comprehensive report provides valuable insights for projects and organizations looking to securely participate in the web3 ecosystem. The state of web3 security in 2022 was a major concern for industry participants and regulators alike. The rapid evolution of financial technology in the space led to an increase in security vulnerabilities and a corresponding rise in hacking incidents.  Over $3.1 billion was lost by well-established projects and protocols. The year saw a significant increase in both smart contract exploits and bridge hacks, with the former accounti...

You know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you regulations, make a self-custody wallet.” Self-custody is undoubtedly a better solution for protecting the interests of customers in crypto. Regulation alone is not enough. The following opinion editorial was written by Joseph Collement, General Counsel at Bitcoin.com. Don’t get us wrong, regulation is important. It’s like a flimsy umbrella on a sunny day – better than nothing, but not something you want to rely on during a monsoon. Just ask the folks at Gemini, who despite being the “most regulated” CEX out there, still managed to lose all of their “Earn” customer money. Talk about “earn-ing” a bad reputation! Ouch. But let’s be real here, the crypto world is like the Wild West. And let’s be honest, the U...

The co-founder of Lifespan.io is harnessing the power of decentralization to support cutting-edge scientific and technological discoveries. Lifespan.io President and co-founder Keith Comito was into longevity before longevity was cool. “We started our nonprofit back in 2014,” Comito said. “Back then, few credible researchers would be caught dead saying they were working on aging. It was still kind of a scientific backwater. So, we wanted to emulate what the cancer research advocates did, starting in the ‘40s.” He said those early advocates identified the most credible research at the time and used “old-school” fundraising approaches like telethons to crowdfund for their work. They built a grassroots movement and grew their scientific expertise. Through their efforts, defeating cancer is now an international priority with communities of millions of people crusading in the fight against this devastating disease that is closely linked to aging. Comito said Lifespan.io is taking a similar...

The leading cryptocurrency, Bitcoin, is trading sideways, with the price remaining within a limited range of $22,500 to $23,350. On January 23rd, BTC/USD closed at $23,114 after reaching a high of $23,114.  Bitcoin Reaches Historic Highs, Surpassing $23K Mark BTC, the world's largest cryptocurrency by market capitalization, reached $23,000 for the first time since mid-August 2022 on Saturday. This level was breached again on Monday, indicating a possible bullish trend ahead.  This upward trend also pushed the total cryptocurrency market cap above $1 billion for the first time in 5 months. There were numerous reasons for the bullish momentum in Bitcoin prices that drove them above the $23K mark. Let us now examine them. Positive CPI Data The CPI report released on January 12 showed a 0.1% decrease in overall inflation, the largest drop since April 2020. The market became more optimistic as inflation continued to fall for six months in a row.  Furthermor...

Axie Infinity price is at the helm of its recovery after exploding another 29% in 24 hours to trade at $12.86 at the time of writing. The NFT and gaming token extended the current green candle’s wick to $14.00, a price level that was seen last in September. It is plausible that the uptrend is just beginning and taking advantage of the push from the Chinese New Year. It has become a norm for cryptocurrency prices to rally during the Lunar New Year (Chinese New Year). This year's celebrations took place on January 22, based on the Lunar Calendar. During this time, over the counter (OTC) services are usually closed – a situation that escalates to an extremely volatile crypto market. Axie Infinity Price Relentlessly Pushing To $20 Axie Infinity price needs a controlled hold above higher support, preferably above $12.00. This will pave the way for other macro and fundamental factors to catch up with the price momentum. Furthermore, it is the best way for AXS t...

Join Our Telegram channel to stay up to date on breaking news coverage Since the beginning of 2023, the great majority of top cryptocurrencies have traded in the green, giving investors hope that the bear market is nearing its end. As Bitcoin prepares to launch a bullish run, the rest of the market is likely to follow suit. Notably, Litecoin is one of the leading competitors, as its price has increased by about 15% over the past week.   But the question on the minds of shareholders is whether or not they will see increased profits as a result. Experts and observers agree that LTC’s value might double over the next few months, but they are less optimistic about the prospects for any greater appreciation. Is Litecoin Capable Of Hitting the $100 Mark in 2023? Litecoin’s price has increased by almost 15% in the previous week after breaking above the $80 barrier a few days ago and holding steady at that level. Considering that Litecoin was one of the hardest-hit ...