Bitcoin Bulls Build Up Safety Net – What Does This Mean For Price?

Bitcoin has gone into another rebound off an important resistance line and continues moving upward. The structure of the upward trend is safe for now, which means that the bulls are holding the advantage. In which case will the current trend end? Bitcoin’s market has undergone a similar scenario to the one that happened yesterday. A necessary prerequisite for a continuous movement of a trend is the safety of its structure. As long as the structure is intact, the trend holds and keeps growing from short-term into medium-term and so on. The disruption of the trend’s structure will indicate a....

The World Economic Forum (WEF), one of the most influential international institutions, has expressed its worries about the safety of metaverse dwellers, especially younger ones. The group has raised a number of concerns regarding the anonymity and safety of young individuals in this upcoming alternate world, and has given a number of recommendations to preserve them. World Economic Forum Puts Metaverse Child Safety First Big forums and institutions in the world are thinking about the implications that living a part of our lives in the metaverse might bring. The World Economic....

Walmart recently opened its Food Safety Collaboration Center in Beijing. The new initiative means the multinational is collaborating with IBM and Tsinghua University to improve food quality through the supply chain. It means the food safety partnership is utilizing blockchain technology to provide better food tracking and consumer safety. Three....

“We're really designing a whole world,” Two Bulls founder James Kane said about the role his business will play in the yet to launch metaverse. Thailand based metaverse startup Translucia Global Innovation has partnered with the Australian software development firm Two Bulls and set aside an initial budget of $100 million to build a Metaverse Research and Development Center (MRDC) in Melbourne.Translucia is a subsidiary of art and entertainment company T&B Media Global which in October 2021 launched its “Translucia Metaverse” project, with a first stage investment of $283 million for the....

Bitcoin is seeing some immense strength today as its price rallies past $15,000 once again The cryptocurrency has been struggling to hold above this level after it faced an intense influx of selling pressure at $16,000 The rejection here wasn’t too intense, however, as Bitcoin’s latest pullback was short-lived and followed by immense upside Where it trends next will likely depend largely on how strong of support bulls can build at $15,000 If it breaks […]