The U.S. dollar index (DXY), which measures the greenback’s strength against a basket of top foreign currencies, rose to 97.441 last Friday, logging its best level since July 2020. However, the index had corrected by nearly 1.50% to over 96.00 by Feb. 3.

Lower weekend volume was poised to deliver some classic erratic moves after Bitcoin lost $40K support on Friday.While some, including El Salvador, made the most of the new lower levels, others voiced concern that despite the drop, pressure still remained on bulls.

Hong Kong-based software and venture firm Animoca Brands has secured $358.8 million in capital investments to fuel new acquisitions in the nonfungible token (NFT), gaming and metaverse sectors, further cementing crypto’s biggest trends in 2022.

Second Life creator Philip Rosedale returns to the fold, Disney's patent for a "virtual-world simulator in a real-world venue” suggests an entry to the Metaverse, and Animal Concerts partners with South Korea-based Kakao’s Klaytn project.

Meta Platforms was formerly known as Facebook until a major rebranding exercise in Oct 2021. Its virtual reality hardware business “Reality Labs” has been hard at work in the months since, successfully creating a prototype of its virtual reality “haptic gloves” in mid-Nov 2021.

JPMorgan and Chase call for calm in the crypto market. In a recent client survey.Our Bitcoin-position indicator based on Bitcoin futures looks oversold. The coin’s fair value is between $35,000-$73,000, depending on what investors assume about its volatility ratio versus gold.

Both moving averages are turning down and the relative strength index (RSI) is in the negative zone. If the price turns down from the 20-day EMA, the bears will try to sink the price below $45,456. the next leg of the downtrend to $42K and then to $40K could begin.

When China banned Bitcoin mining, global Bitcoin hashrate sharply fell, then nearly as suddenly recovered. Now the United States leads the world in hashrate, followed by Kazakhstan and Russia. Arcane believes miners will disperse even further into regions like Latin America.

What appears to be a “new player” starts flipping $50,000 to resistance after some brief Christmas cheer for Bitcoin bulls.BTC lost $50,000 for the first time in several days on Dec. 26 as exchange inflows caught up with the cautiously optimistic mood.

Bitcoin price flatlines as XRP hits $1 with ‘massive’ altcoin move set for 2022.Encouraging signs are appearing across altcoin charts, Michaël van de Poppe says, while Bitcoin offers no surprises with a comedown from 10-day highs.

Taking its year-to-date losses to near 60%, the latest slide brought the focus back to Bitcoin and other cryptocurrencies as a potential hedge against extreme economic policy.BTC/TRY passed 800,000 in a record-breaking move overnight, having doubled in just two-and-a-half months.

On Dec. 18, the BTC price will experience a death cross, a market indicator that occurs when a short-term moving average slips below a long-term moving average. In this case, BTC 20-day exponential moving average (20-day EMA) will close below it 200-day exponential moving average

Crypto is a wide variety of products, and the rules of our financial system are clear and long-standing. But there are many crypto sectors like stablecoins that are not securities and outside of SEC purview .No need to register your fundraising with the SEC.

BTC could see its last day of downside as buyers line up to cash in on Wednesday’s United States Federal Reserve meeting.Time to “sell the rumor, buy the news?”The Fed will deliver key information on the future of asset purchases .

Sheldon Xia, founder of BitMart, announced via Twitter that the xchange was going to be using its own funding to compensate for any losses emanating as a result of the incident: “We are also talking to multiple project teams to confirm the most reasonable solutions.

After buying frequently since BTC/USD hit $69,000 all-time highs last month, the wallet holder upped the ante overnight with a single purchase of 2,700 BTC — taking their total to 118,017 BTC.A strong bounce among major altcoins has further added to convictions held.

The hackers made away with a mix of over 20 tokens that includes altcoins such as Binance Coin (BNB), Safemoon, BSC-USD and BNBBPay (BPay). Sizable amounts of meme coins such as BabyDoge, Floki and Moonshot were also compromised in the hack.

The Bitcoin market experienced $1.3B total liquidations in the past hour, with $735M liquidated in BTC longs on this drop.This is the tool used by capital to play with. A coin without a corporate background can never grow and develop.

Miami is preparing to be one of the first major US cities to monitor its air quality using a decentralized Internet of Things (IoT) network built on Algorand.Each sensor detects the concentration of air pollution in an area.sensors will be deployed throughout the city.

What is the Metaverse?The lockdowns, which were a result of the global pandemic, pushed people to look more into the potential of the online world, and they discovered that they could still do business and have fun at the same time, using their devices from anywhere in the world.