January 25, 2022 (Investorideas.com Newswire) Red Metal Resources plans a 2,000 meter diamond drill plan, testing two sets of targets shown, via previous exploration efforts, to be prospective.

Take off that McDonald’s hat, boyo, and return to the screen: Bitcoin is up 10%. Favorite altcoins of day traders ETH, LUNA and ATOM are also up and to the right. The trading lines are green, even if your total investment is in the red. This is not financial advice.Today’s market bounce, which may or may not be of the dead cat variety, is just another data point in crypto’s historically volatile lifecycle. It’s this volatility that many investors are after when they enter the market, the same volatility that causes so much pain for unprepared, over-leveraged buyers.This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.Some will look at the past six weeks of crypto market spasms at wonder, “when should I buy in?” Crypto was once a $3 trillion asset class, and even ex-Goldman Sachs CEO Lloyd Blankfein said today this stuff is not going away. Others will declare, “I’m staying away forever, it’s irrational.”There is likely a middle ground, a sound opinion to hold. I’m not an investment wiz, I’m a reporter who covers fake internet money, but I can say the only appropriate way to invest in crypto is to invest with conviction.This seems obvious, but crypto’s structural attributes – tokens are unmediated, globally accessible 24/7 buying opportunities – make it so scams often appear to be the more attractive buys. If you could only time the market, you’ll be part of the pump rather than the dump.So far, we’ve been talking around the idea of FOMO, the fear of missing out. When do you buy in? Should you, could you avoid FOMO forever? It’s the critical mechanism that drives so much of the modern economy – the admixture of desire inculcated by branding, speculation driven by envy and the human urge to have a good time.There are a lot of hype machines in crypto, and a few projects that exist beyond the spectacle. Ponzinomics are baked into these techno-economic tools: the way to align incentives and attract the right kind of self-interested buyers to build communities. But cutting out the middleman and relying solely on behavioral economic mechanisms means just about all tokens are subject to hyper-capitalistic exploitation. Unfettered markets: a blessing and a curse.Moreover, as an asset class, crypto lives and dies in almost heroic narrative arcs. When it goes down, it has a tendency to crash and burn. When it goes up, a gaggle of smart-money suits will write Twitter threads about how decentralized tech will disrupt everything from finance to vidya (games).It’s hard to find the time to think critically about crypto-economics and product-market fit when commentators are so breathless, when the numbers are going gangbusters or driving into the dirt, but you must. You cannot time the markets, and you should know you’re often buying into an adverse environment where early adopters hold more than you could ever afford.Be smart, read these:Buying Your First Crypto? 10 Things You Should KnowCompounding and Saving in Bitcoin: The Power of a Dollar Cost Averaging4 Things to Do in a Crypto Bear MarketRight now, from what I can piece together, the Federal Reserve, the U.S. central bank, is pulling the ultimate put on the entire economy. It seems like many retail crypto investors are still holding, but they also haven’t been accumulating for the past couple of months. Whales, those bitcoin holders with at least 1,000 coins, by and large rotated their wealth in stablecoins.What do you do with that information? It is too much to handle, too much to make sense of, at least for me. I don’t want to throw money into crypto even if it seems like a discount, only for the market to tank, and potentially never recover. But my savings account is also moth-eaten by inflation.Risk is either volatility’s close cousin or alter ego depending on how you look at it. The term “beta” captures both without assigning a value judgment. Saying crypto is a high-beta asset class threads the needle between its systemic hazards and insane price fluctuations. But buying crypto’s beta could be more than a speculative bet, if you have conviction.Crypto is not an investment for everyone, and you should never, ever risk more than you can afford to lose. Promise me you won’t. But there are a few projects that I have the misfortune of actually believing in. No crypto will ever, or should ever, be central to the majority of economic activity, but it can present viable solutions to real problems.Decentralization is a powerful force. Some cryptos could rise to that level and become something akin to modern-day public goods infrastructure, meaning they’re accessible to all and under the sway of influence to none. Investing in crypto, for the long haul, is investing in that idea – that’s its beta. But you don’t actually need to own anything to, one day, hopefully benefit.

Meme coins were higher on Tuesday, as the global cryptocurrency marketplace rebounded from recent declines in price. Both DOGE and SHIB were trading close to 7% higher during the session. In addition to the meme coins, there were several other gainers on Tuesday, as both traders and long-term investors bought the crypto dip. Biggest gainers […]

The past few days may have weakened the image of Solana (SOL). High levels of network congestion brought a new outage to the network and SOL fell the hardest amongst the top 20 cryptocurrencies amidst the market crash. Here’s What Happened Last week, it was reported that Solana’s network was clogged, resulting in many failing transactions and DeFi users not being able to adjust their collateral positions to reflect the new valuation of the coin amidst the crypto market fall. In a Solana blog post, the team explained that the incident experienced by validators was due to excessive duplicate transactions sent by bots and “related to issues previously identified that engineers have been working to improve and resolve”. This is not the first outage for the Solana network. The 18-hour network outage in September 2021 caused by heavy transaction traffic remains the harshest one. And just this month, this has been the second, following an outage on January 4. Related Reading | Algorand, Solana, And More Lead List Of Biggest Losing Altcoins Liquidated Solana Users The DeFi lending protocol built on Solana, Solend, stated that the market crash “caused many accounts to become liquidatable and created many profitable arbitrage opportunities.” SOL price dramatically plummeted as the whole crypto market tumbled, thus users with collateral needed to increase their position in order to not have their assets liquidated. Position liquidators receive a bounty from liquidated positions, so when scenarios like this happen they “race to close eligible positions”, as Laine the blockchain business that operates validators on Solana explained. This is the reason behind bots, created to help liquidators win the race, but for this, “they submit the same transaction dozens or hundreds of times”. This turns into a mass of duplicated transactions that need to be verified by validators. There was a massive quantity of attempts by Solend users trying to deposit and repay to avoid liquidations, but all they met was network congestion. “This large load caused validators to falter, especially since they were not filtering out duplicate transactions optimally, wasting precious compute. The thousands of duplicate bot transactions also drowned out legitimate user transactions.” Solend further stated, “In addition, there was some erroneous volatility on the Pyth price feed, which caused wrongful liquidations (e.g. some users supplying mSOL and borrowing SOL were liquidated due to prices moving out of sync).” Solend later announced that they are working to reconcile problems encountered by users. The platform will “Reimburse 100% of the penalty for users liquidated due to abnormal volatility on the SOL feed” and “Reimburse 50% of the penalty for other liquidations.” SOL Price Tanked SOL is now down 42% in the last week and decreased dramatically from $144 on early Thursday to around $80 on Monday. It has now recovered slightly to $92,42 at the time of writing. Consequently, SOL lost its position as the 7th-largest coin to XRP, and overall saw the deepest pool of blood among the top 20 cryptocurrencies, with many users left wondering if their network is worth the risk. Related Reading | Solana Could Flip Ethereum To Become “Visa Of Crypto,” New Study By Bank Of America Shows What’s Next For SOL? Solana released the v1.8.14 update to “mitigate the worst effects of this issue” and alleged that “engineers have been working to improve and resolve” the issues related to network congestion starting with the 1.8 release. More updates to implement v1.9 are expected over the following 8 to 12 weeks. “These forthcoming releases are aimed at improving the state of the network, with more improvements expected to roll out in the next 8-12 weeks. Many of these features are currently live on Testnet, where they are being rigorously tested.” Many users didn’t find relief in the answers from the Solana-supporter CEOs and its co-founder Anatoly Yakovenko and called them out for allegedly doing false claims and dishonest wordplay. The network might be in a key point for its future growth. The new updates need to scale with the demand and provide trust to the disappointed users.

The prices of many cryptocurrencies continue to suffer. Bitcoin, for example, has fallen by more than two percent since the beginning of last week. In addition, Ethereum has dropped by more than six percent, while BNB is down by more than seven percent. Could Bitcoin Hit a Six-Figure Number in 2022? Several analysts think that... The post Mike McGlone: Bitcoin Will Hit $100,000 appeared first on Live Bitcoin News.

Fantom (FTM) appears to be flexing its muscle as the next big thing. The… The post Fantom (FTM) surpasses $12 billion in TVL – Is it the most important competitor for Ethereum? appeared first on Coin Journal.

21 + 21 more reasons why you should sell all of your bitcoin now.

Olympus (OHM) is closely edging towards the point of no return as downward pressure… The post Olympus (OHM) hits point of no return, dips nearly 95% from all-time highs appeared first on Coin Journal.

January 25, 2022 (Investorideas.com Newswire) OOOOO Entertainment Commerce and QVC Italia debut likeQ, their new interactive livestream shopping app in Italy.

Verizon Communications Inc. (NYSE: VZ) shares remain under pressure even though the company reported strong fourth-quarter results this Tuesday.Outlook remains positiveVerizon Communications reported strong fourth-quarter results today; total revenue has increased by 4.8% Y/Y to $34.1 billion, slightly above expectations, while the non- GAAP earnings per share were $1.31 (beats by $0.03).Wireless service revenue has increased by 6.5% to $17.8 billion in the fourth quarter, mainly due to volume growth and the contribution from the TracFone acquisition.Verizon completed the acquisition of TracFone on November 23, and the revenue associated with TracFone was approximately $700 million higher than the revenue in the fourth quarter of 2020.Service and other revenue grew 2.6% in the fourth quarter, and it is important to say that consolidated adjusted EBITDA in the fourth quarter was $11.8 billion (relatively flat compared to Q4 2020). Full-year consolidated adjusted EBITDA totaled $48.4 billion, representing an increase of 2.8% compared with the prior year.Verizon’s business has proven improvements throughout the fourth fiscal quarter, and the company’s management announced that service and other revenue should grow by 3% in the 2022 fiscal year.Wireless service revenue should increase between 9% and 10%, while adjusted EBITDA should grow approximately 3% in 2022. Matt Ellis, Chief Financial Officer of Verizon, added:We have great momentum from the strong operating and financial results last year and are well-positioned heading into the new year, and that momentum is reflected in our guidance for 2022. We took many strategic actions to position the company for better growth, and our increased guidance disclosures provide greater insight into our financial outlook.Verizon’s 4.8% dividend looks safe; the company is focused on further optimizing its cash position and debt maturity profile.Verizon began the first quarter of 2022 with strong momentum in business activity, its shares are trading at less than five times TTM EBITDA, and with a market capitalization of $223 billion, they are not expensive.$50 represents strong supportVerizon’s stock price has fallen more than 10% after reaching the highest level in 2021 of $59.79 on May 21, and the risk of further decline still persists. Despite this, shares of this company could provide strong returns for long-term investors.Data source: tradingview.comIf the price falls in the upcoming period, every price in a range from $35 to $45 could be a very good opportunity to invest in Verizon stock.SummaryVerizon Communications reported strong fourth-quarter results this Tuesday, and the company’s management announced that revenues should grow in the 2022 fiscal year. Verizon’s 4.8% dividend looks safe; the company is focused on further optimizing its cash position and debt maturity profile.La notizia Should I invest in Verizon Communications after Q4 results? era stato segnalata su Invezz.from Market Analysis – Invezz

A key risk indicator for BTC options hit its highest level in 6 months, possibly signaling that $32,930 was the bottom.

Paul McCartney's handwritten notes for the group's song "Hey Jude," and clothes worn by John Lennon are part of the NFT collection.

The Near Protocol (NEAR) was one of the stand-out tokens at the start of… The post NEAR’s climb to all-time highs is short-lived as the coin tumbles in fresh crypto market sell-off appeared first on Coin Journal.

The global financial institution said that bitcoin’s use as legal tender in the posed risks to El Salvador’s financial stability, integrity and consumer protection.

A surprise group of tokens is sizzling after a sudden listing by top US crypto exchange Coinbase. In a new announcement, the exchange says that five low market cap altcoins will start trading on Coinbase Pro once appropriate liquidity conditions are met. Cryptex Finance is an Ethereum protocol whose native token CTX provides governance and […] The post Coinbase Suddenly Lists Five New Altcoin Projects Triggering Parabolic Rallies appeared first on The Daily Hodl.

Representative McHenry is convinced that Congress should take crypto regulation away from executive agencies and courts.

Disclaimer: These findings are the sole opinions of the writer and should not be considered investment advice On the daily chart, Avalanche hit a new set of lows after it broke down below the previous lows at $75.5. Bitcoin found a short-term bottom at $33k but it could still slide further, as could AVAX. Avalanche broke […]

January 25, 2022 (Investorideas.com Newswire) Todos Medical is set to take on the dominant players in oral antivirals for mild to moderate COVID-19, Pfizer Inc. and Merck & Co. Inc., with "strong data" expected to be released soon for its drug Tollovir.

Bitcoin (BTC) selling pressure is not over yet, although a confirmed shake out could give way to new highs, according to chartist Peter Brandt. The recent down move occurred on low trading volume, which was seen during previous price bottoms. For now, Brandt remains anchored to BTC's long-term narrative.

Arweave (AR) has been on a consistent downtrend for the last 7 days or… The post Arweave (AR) slides past crucial support zone – Here is why bear pressure is about to get worse appeared first on Coin Journal.

January 25, 2022 (Investorideas.com Newswire) Now with fast track status and positive Phase 1 study results, Antares Pharma plans to advance its ATRS-1902 product candidate into a second trial in Q2/22

After making modest gains over the weekend, Solana (SOL) has this morning followed other… The post Solana (SOL) follows other crypto assets in decline – here is why it may bounce back faster appeared first on Coin Journal.

January 25, 2022 (Investorideas.com Newswire) BioNTech aims to develop a COVID-19 vaccine targeting the Omicron variant

While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion dollars in value with $742 million today. Tether Gold’s Market […]

Bitcoin NUPL indicator has sharply dropped in value recently, a trend that may signal the start of the early bear market period. After The Crash, Bitcoin NUPL Value Has Declined To 32.5% According to the latest weekly report from Glassnode, the BTC NUPL’s recent trend may suggest that the early bear market is now beginning. The “Net Unrealized Profit and Loss” (or NUPL in short) is an on-chain indicator that measures the difference between the relative unrealized profit and the relative unrealized loss. NUPL = (Market Cap – Realized Cap) / Market Cap In simpler terms, what this metric tells us is whether the Bitcoin market as a whole is currently in a state of profit or of loss. The indicator works by looking at each coin on the chain and checking whether its current price is lower or higher than the price it was bought at. When the NUPL value is above zero, it means the overall Bitcoin network is currently in profit. On the other hand, negative values imply investors are, on average, in loss at the moment. Historically, the more the indicator has deviated from zero, the closer the price has been to a top or a bottom (depending on which way of zero the metric currently points). Related Reading | Following Crash, Bitcoin Open Interest Declines To Sept 2021 Levels Now, here is a chart that highlights the trend in the Bitcoin NUPL over the history of the coin: Looks like the metric's value has sharply declined recently | Source: The Glassnode Week Onchain - Week 4, 2022 As the above graph shows, the Bitcoin NUPL has sharply declined recently, and its value is now 0.325. This means that currently 32.5% of the crypto’s market cap is being held as unrealized profit. Related Reading | Has Bitcoin Reached Its Bottom? Analyst Says It Still Has A Long Way To Go The indicator’s current value seems to be in a region that has historically signaled an early bear market trend, as the colors in the chart highlight. The trend over the past year has also been that of a bearish divergence. Therefore all NUPL signs are that this may now be the beginning of a new bear market. An interesting fact is that similar values were also there following the May 2021 crash. Thus in a sense, a bear market also started then, but it only lasted for a few months. BTC Price At the time of writing, Bitcoin’s price floats around $36.4k, down 12% in the last seven days. Over the past month, the crypto has lost 28% in value. The below chart shows the trend in the price of BTC over the last five days. BTC's price plunged to $33k yesterday, but has since recovered back above $36k | Source: BTCUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, Glassnode.com

VeChain (VET) was one of the hardest-hit tokens in the recent crypto slump. The… The post VeChain (VET) is pulling up after epic downfall – Has the token turned the corner? appeared first on Coin Journal.

According to a blog post from Binance, the largest crypto exchange in the world based in trading volume has put pen to paper for a Memorandum of Understanding with the DWTCA. The company believes this will enhance the commitment of Dubai in... The post Binance Teams Up With DWTCA To Develop Regulations For Crypto Sector appeared first on CryptocyNews.com.

Before U.S. President Joe Biden signed the Infrastructure Investment and Jobs Act into law in November, many groups spoke out against a provision that broadens the tax code’s definition of “broker.” But there is another hidden cryptocurrency provision in this new law that amends part of the tax code in a way that will greatly expand financial surveillance, criminalize certain cryptocurrency transactions and, in my view, violate the Fourth Amendment of the U.S. Constitution.This provision alters Section 6050i of the tax code, which requires businesses that receive more than $10,000 in cash to collect identity details of the person paying in cash and report the transaction to the government. Failure to comply can be a felony punishable by up to five years in prison. The Infrastructure Investment and Jobs Act expanded 6050i to include anyone who, in the course of conducting business, receives over $10,000 in digital assets.Marta Belcher (@MartaBelcher) is a cryptocurrency and civil liberties attorney. She is special counsel to the Electronic Frontier Foundation, general counsel and head of policy at Protocol Labs and president and chair of the Filecoin Foundation as well as the Filecoin Foundation for the Decentralized Web. Her views are her own. This article is part of CoinDesk's Privacy Week series.Currently, the U.S. government collects information from cryptocurrency exchanges and other institutions that serve as the on-ramps and off-ramps where people buy, sell, exchange and store cryptocurrency. The updated law will impose reporting requirements on many other participants in the cryptocurrency ecosystem – from developers to traders to miners to end users. These participants will be required to collect sensitive identity details of counterparties, securely handle that sensitive information and turn it over to the government – or potentially face criminal penalties.This law will greatly expand the government’s warrantless surveillance of sensitive financial information, including for transactions under $10,000 – despite the fact the law says it pertains only to transactions above that threshold. That’s because of the nature of public blockchains: If the government knows the identity associated with a cryptocurrency wallet, then it knows the identity behind all transactions for that wallet, even when those transactions are far below $10,000.This law violates the Fourth Amendment of the U.S. Constitution. The Fourth Amendment requires law enforcement to get a warrant supported by probable cause before conducting a search or seizure. Yet, under the Bank Secrecy Act, the government engages in mass surveillance of bank customers without a warrant. The government does this under the auspices of the third-party doctrine, which is the idea that people do not have a reasonable expectation of privacy in the data they share with a third party like a bank. In conducting financial surveillance, the government relies on the U.S. Supreme Court’s 1976 decision in U.S. v. Miller that the Bank Secrecy Act (as it was implemented at the time) did not violate the Fourth Amendment because of the third-party doctrine.I believe the Supreme Court will come to a different decision if there is a constitutional challenge to the new section 6050i, or, as I have repeatedly argued, any challenge to the mass surveillance rampant in today’s financial system.The Supreme Court justice who authored Miller wrote in another case, Burrows v. Superior Court, that “financial transactions can reveal much about a person's activities, associations and beliefs” and “[a]t some point, governmental intrusion upon these areas would implicate legitimate expectations of privacy.” That was written in the 1970s.Furthermore, the Miller case was an “as-applied” challenge to the Bank Secrecy Act – meaning that, in making its decision, the Supreme Court was narrowly considering only how the Bank Secrecy Act was implemented at that time, not whether the entire statute is unconstitutional in light of how it could be implemented. Since then, the government has greatly expanded its financial surveillance. And the updated section 6050i goes even beyond the U.S. government’s other warrantless financial surveillance.In addition, since Miller, the Supreme Court has issued multiple strong pro-privacy decisions, chipping away at the third-party doctrine in the digital world. For example, the Supreme Court held in Carpenter v. U.S. that law enforcement must get a warrant to obtain cell phone location information, even when that information is held by third parties (i.e., cell phone companies).There, the Supreme Court said that “[e]xpectations of privacy in this age of digital data do not fit neatly into existing precedents.” The Court noted that the digital records at issue in that case provided “an all-encompassing record of the holder’s whereabouts” and “an intimate window into a person’s life, revealing not only particular movements, but through them [their] familial, political, professional, religious and sexual associations.”See also: FinCEN's Crypto Surveillance Rule Violates the US ConstitutionSimilarly, the information that could be gleaned from bank data in the 1970s is a world away from the intimate window into a person’s life provided by financial data today. Digital financial transactions are deeply personal and revealing. Like the location records in Carpenter, financial records reveal familial, political, professional, religious and sexual associations, providing insight into the organizations you support, the people you send money to, the products and services you buy, the books you read. Indeed, today’s financial records often reveal your location, and location data is exactly what was at issue in Carpenter.The Fourth Amendment balances the legitimate interests of law enforcement with the civil liberties of citizens by requiring the government to get a warrant before conducting searches. Requiring people to turn over information about financial transactions to the government by default, with no warrant or probable cause, is unconstitutional mass surveillance.Financial privacy is not bad or illegal. To the contrary, it is essential for civil liberties. I often think of the striking photos of protesters from the Hong Kong protests waiting in long lines at subway stations.In the pictures, protestors are waiting to purchase their tickets with cash so their electronic purchases don’t place them at the scene of the protest.To me, these photos underscore the importance of financial privacy for civil liberties, and why, in the context of financial transactions, we must protect our Fourth Amendment rights.

NFTs have taken over the Internet, but game developers aren’t exactly on board. Yes, they hate NFTs. Previously, the Game Developers Conference conducted a survey of 2,700 game developers. The key objective of the research is to get insights into the interest level of participants in non-fungible tokens (NFTs) and cryptocurrencies. The results were revealed [...] The post Survey Finds Game Devs Not Keen on Supporting NFTs & Metaverse appeared first on Blockonomi.

A partnership has been reportedly started by FTX U.S. with the Golden State Warriors (an NBA team). The respective collaboration will witness the team dropping NFTs (non-fungible tokens) on the NFT marketplace of FTX in the upcoming year. Collaboration involves brand placement... The post FTX Teams Up With Golden State Warriors appeared first on CryptocyNews.com.

The transition of Floki Inu to a Decentralized Autonomous Organization (DAO) was commenced on the 22nd of January with having assistance from several exchanges. The choice of shifting the institution into a DAO is based on several chief findings. First of all, the centralized nature of Floki Inu was cited by the centralized exchanges to … The post Floki Inu Asks Holders To Be Careful Of Scammers Amid DAO Upgrade appeared first on Tokenhell.

Susan Wojcicki stated YouTube's intent to "help creators capitalize on emerging technologies."

January 25, 2022 (Investorideas.com Newswire) The World Gold Council believes that gold may face similar dynamics in 2022 to those of last year.

Bitcoin Eyes near term support at $32108 The bulls might have a chance along… The post Should you buy bitcoin amidst the ongoing market sell-off? appeared first on Coin Journal.

The position of StockX has been that of a pillar across the street and urban fashion, the new sports, as well as the hype wear online for some time. Presently, it had planned to take a further step by launching NFTs that are designed to link between physical products as well as the NFTs. Recently, … The post StockX Introduces A New NFT Vault appeared first on Tokenhell.