Bitcoin starts 2022 at $47.2K as fresh research pins performance on China tra...
Exchanges deplatforming Chinese citizens prior to the Dec. 31 deadline may have added to BTC selling pressure. Bitcoin (BTC) bears lost out at the last minute as 2021 came to an end — and consensus is building around China again being the reason for weakness.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewChina "last hammer" could now provide optimism on BTCHours before the yearly close, BTC/USD dived $2,000 to lows of $45,630 on Bitstamp before a modest recovery drew a line under 2021 at $47,200, data from Cointelegraph Markets Pro and TradingView shows.While something of an....
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The International Olympics Committee sells NFT pins, Team Great Britain offers NFT-based fan engagement and the "Chinese Banksy" protests. Today's Nifty News rounds up nonfungible token (NFT) projects centered around the Winter Olympics, which began Friday in Beijing, China. The following are initiatives taken by the International Olympic Committee, or IOC, The British Olympic Association, and an independent artist leading up the 2022 games.IOC celebrates Olympic history Since June 2021, the IOC has collaborated with nWayPlay, an NFT marketplace and blockchain game studio that is a....
The International Olympic Committee (IOC) has partnered with nWay to create the first ever official NFT Olympic Pins, according to an announcement today. Initial launch will come later this month, with an Olympic Heritage Collection to lead the way. Olympic Pins & nWayPlay The pins will initially distributed and sold on nWayPlay starting June 17th. […]
The International Olympics Committee connects with the Winter Games via blockchain by trading NFT pins and playing a P2E mobile game. Olympic Games Jam: Beijing 2022 is the Winter Olympic's official play-to-earn multiplayer mobile game, created in collaboration between Animoca Brands-owned nWayPlay game studio and the International Olympics Committee. Currently, the app is only available for Android phones on the Google Play store, with no official release date for iOS devices yet. In the Olympian spirit, Cointelegraph played the newly launched game and reviewed the experience.Olympic....
New research has shown that Chinese mobile payments were around 50 times greater than those within the U.S. in 2016, thus illustrating that China’s FinTech market is a strong contender in the market. China Dominates the Mobile Payment Market. Research from iResearch in China has found that Chinese third-party mobile payments more than tripled in 2016 to $5.5 trillion. WeChat Pay and Alipay, operated by Ant Financial, dominated the market. Recent research found that Alipay received the biggest investment in 2016 at $4.5 billion as FinTech funding increased in China. Whereas, in the U.S.,....
The yearly open stays in focus as support as Bitcoin bulls hope for a trip to $50,000 this week. Bitcoin (BTC) starts a new week and a new quarter as if it were starting the new year — at just over $46,000.In what will seem like some serious deja-vu for hodlers, BTC/USD is at practically the same level it was on Jan. 1, 2022.Price action has been quiet — too quiet, perhaps — in recent days, but behind the declining volatility, there are signs that the market is busy deciding future direction.From macro to on-chain, there are in fact plenty of cues to keep an eye on in April, amid a....