|All Time High:
|The price of #SUPER today is $1.03 USD.
The lowest SUPER price for this period was $0, the highest was $1.03, and the exact current price of one SUPER crypto coin is $1.03278.
The all-time high SUPER coin price was $2.17.
Use our custom price calculator to see the hypothetical price of SUPER with market cap of BTC or other crypto coins.
|The code for SuperCoin crypto currency is #SUPER.
SuperCoin is 9.8 years old.
|The current market capitalization for SuperCoin is $52,377,099.
SuperCoin is ranked #407, by market cap (and other factors).
|There is a big volume of trading today on #SUPER.
Today's 24-hour trading volume across all exchanges for SuperCoin is $2,643,561.
|The circulating supply of SUPER is 50,714,826 coins, which is 100% of the total coin supply.
|Note that there are multiple coins that share the code #SUPER, and you can view them on our SUPER disambiguation page.
More SuperCoin (#SUPER) News
|Litecoin About To Explode And Outperform Bitcoin? Analyst Is Super Bulli...
Litecoin, a cryptocurrency often referred to as the 'silver to Bitcoin's gold,' is gaining traction among analysts who predict its potential to outperform Bitcoin shortly.
Tony 'the Bull,' a certified chartist and the Head of Research at NewsBTC, took to X on January 12, laying out a bullish outlook for the 18th most valuable cryptocurrency. Citing its monthly candlestick formations, the analyst said what's panning out are signs of an imminent breakout that could propel the coin higher in the coming weeks.
Litecoin About To Rip Higher? Specifically, Tony 'The Bull' said what's printing out in the monthly chart is 'insanely bullish' for Litecoin. This outlook is warming for Litecoin Bulls, considering its drab performance in 2023 when prices consolidated before tanking in the second half.
The researcher also shared another chart, predicting that the crypto community is 'close to witnessing something impressive.' The analyst's enthusiasm echoes earlier assessment of Litecoin's 'SuperTrend' indicator, which seems to suggest significant price gains for Litecoin in the coming sessions.
Litecoin remains within a bearish formation, consolidating, as evident in the monthly chart. Of note, prices are still trending inside the bear bar of August 2023. Despite general optimism, Litecoin bulls have yet to reverse those losses and remain within a tight, flat-lining range, as evident in the monthly chart.
Still, Litecoin might set a fresh trend depending on t...
|Building a Super App for Chain-Agnostic Execution – Omar Zaki, Fou...
Composable and Picasso are the team leading the extension of IBC to all ecosystems in order to bring to life secure and chain-agnostic interoperability for users and builders. Picasso currently powers cross-ecosystem IBC across Polkadot, Kusama, Cosmos with 20+ connected chains and soon Ethereum, Solana, and NEAR will also be connected. Composable will leverage the various IBC connections with the addition of Composable’s CVM & MANTIS to bring to life seamless, secure, and cost-efficient intent execution across all connected chains.
Omar ‘brainjar’ Zaki is the founder of Composable and Picasso. He recently joined the Bitcoin.com News Podcast to talk about the technology:
Omar is a seasoned researcher and innovator in the blockchain industry. His deep understanding of the space complemented by an encompassing perspective on the vision of cross-chain DeFi has established him as a thought leader and valuable pioneer. His current focus entails the investigation and research of blockchain infrastructure and trends, providing valuable insights that guide Composable's development.
Additionally, Omar is actively involved in the design of products that optimally utilize the technological capabilities offered by the Composable tech stack. Brainjar shares and communicates the research and development (R&D) activities at Composable through his posts on Twitter and Medium and the Composable Research forum.
The Bitcoin.com News podcast features interviews with the most...
|Super Bullish Ripple (XRP) Pattern Possible: Is a Rally in the Making?
Analysts Predict XRP Surge: Crypto analysts, including X (Twitter) user JD, predict a significant surge in Ripple's XRP, with expectations of a 'Golden Cross' in a chart, signaling a bullish trend. JD forecasts XRP's price could reach as high as $24 by the end of 2024.
Short-Term Price Predictions: Another analyst, Dark Defender, anticipates a short-term increase in XRP's value, projecting a rise to $0.88 by New Year's Eve, expecting a decisive market movement in the next two weeks.
Positive Market Conditions and On-Chain Metrics: XRP's potential growth is supported by the overall bullish condition of the crypto market, with leading digital assets like BTC and ETH hitting yearly highs. On-chain metrics, including a high number of daily XRP transactions and an increasing number of XRP wallets, also indicate a potential surge.
'XRP Parabolic Move is Imminent'
The price of Ripple's native token - XRP - might be up 85% since the beginning of 2023, but some crypto analysts predict further surges. The popular X (Twitter) user JD believes the asset could soon experience a 'Golden Cross' and thus head towards new peaks.
'Golden Cross still remains! Even if we have a nice retracement, the Parabolic move is imminent,' the analyst stated.
According to JD, such a development could push XRP's valuation to as high as $24 by the end of 2024. A 'Golden Cross' is a chart pattern showing that the short-term moving average has crossed above a long-term moving one. It is consi...
|Bloomberg Expects Bitcoin Price To Surpass $500,000 In Upcoming Crypto S...
In a recent Bloomberg report, it has been suggested that the rise of Bitcoin price to over $42,000 is just the beginning of a new crypto super cycle that will push the world's largest cryptocurrency to over $500,000.
According to Bloomberg, proponents of this theory argue that Bitcoin represents a new monetary order that is captivating Wall Street and fueling a 'palpable sense of euphoria' within the digital asset community.
Bitcoin Price Potential Soars
The remarkable performance of the Bitcoin price in recent months took many by surprise, as the cryptocurrency posted three consecutive monthly increases, including another 11 percent in December alone.
The enthusiasm surrounding Bitcoin's price rally has led to optimistic predictions of further gains, often based on intuition or technical analysis.
The cryptocurrency has experienced a significant price revival in 2023, with its value surging over 150% thus far. Market observers attribute this surge to growing anticipation of a potential approval of a Bitcoin exchange-traded fund (ETF) for trading in the United States.
Per the report, the prospect of an ETF has led to jubilation within the industry. Coinbase CEO Brian Armstrong suggests that 'Bitcoin may be the key to extending Western civilization.' Forecasts regarding the future price of Bitcoin have ranged from $50,000 in the immediate term to above $530,000.
Matt Maley, chief market strategist at Miller Tabak & Co., cautions about the rapidly changing sen...
|Super Bullish Bitcoin (BTC) Price Prediction for the Next Bull Market
PlanB forecasts Bitcoin (BTC) potentially reaching $524,000 in the next bull cycle, citing historical trends and the upcoming 2024 halving event.
Last bull cycle was driven by macro events; the next expected to be stronger due to the halving and possible Bitcoin spot ETF.
Currently, BTC trades at $36,929 with mixed market sentiments; other analysts predict more conservative figures between $40k-$50k.
Analyst Not Surprised if BTC Reaches $500k
PlanB, one of the most famous and controversial crypto analysts, thinks Bitcoin (BTC) could reach an unprecedented all-time high of $524,000 in the next bull cycle.
The popular Bitcoin advocate shared a chart illustrating the distribution of BTC prices at each halving event, indicating a historical trend where BTC tends to peak around four times higher than the lower end of the distribution range.
He predicts that BTC will be in the $16,000-$65,000 range after the next halving, with a potential peak in the $65,000-$524,000 range.
At 2012 halving most bitcoin was
|Super Bullish Solana (SOL) Price Prediction: Details
SOL's Growth: Solana's SOL surpassed $60 recently, igniting investor enthusiasm for further increases.
Predictions for SOL: Analyst Jacob Canfield forecasts SOL could outperform Ethereum, potentially reaching a $1,000 price point, bolstered by significant partnerships.
Current Market Status: Despite its growth, SOL is still below its 2021 peak, but shows bullish signs with high trading volumes and notable institutional investment.
Could SOL Experience an Astronomical Rise?
Solana's native token - SOL - has charted massive gains in the past several months, capturing much of the investors' attention. Last week, it surpassed $60, a valuation last seen in May 2022, triggering additional enthusiasm across the community and infusing hopes that a further rally could be around the corner.
One cryptocurrency trader who believes this is the case is the X (Twitter) user Jacob Canfield. He thinks SOL could continue trending against Ethereum (ETH) and emerge as 'the biggest winner' in the next crypto's bull run cycle.
Moreover, Canfield predicted that Solana's coin would triple or quadruple its all-time high market dominance and become the second-biggest cryptocurrency by market capitalization, reaching a price of whopping $1,000. He also reminded that the blockchain platform could benefit from its existing partnerships with giants like Google and Amazon.
Subsequently, Canfield claimed that people should diversify to have a better chance of success, recommend...
|Super Bullish Ripple (XRP) Price Prediction for 2024: Analyst Chips In
XRP surpassed $0.62, its highest since August, and remains bullish despite a slight drop to around $0.60, with positive market sentiment.
Analyst Dark Defender predicts a potential rally to $0.66 by week's end, with an optimistic long-term forecast of reaching $18.22 if it surpasses the $1.88 Fibonacci level.
A more conservative prediction from analyst CrediBull sees XRP potentially rising to $0.90 by the summer of 2024, provided it maintains above the $0.40-$0.50 support zone.
XRP to Skyrocket by 3,000%?
Ripple's native token - XRP - recently surpassed the $0.62 level (for the first time since August) and has been among the best-performing crypto assets in the past several weeks. Despite today's slight plunge to approximately $0.60 (per CoinGecko's data), the overall sentiment surrounding the coin remains bullish.
One popular analyst, using the X (Twitter) handle Dark Defender, believes XRP is poised for a rally toward $0.66 by the end of this week and a further explosion in the following months. They think its uptrend could continue all the way to $18.22, assuming it closes above the $1.88 Fibonacci target, which was set as 'a short-term target.'
'We have one mid-level resistance @ $1.05 after eliminating $0.66. I don't think XRP will stay long around the $1 level since the Sub-Wave 3 has 3 main targets: $1.88, $5.85 & $18.22 Par/SAR indicator is expected to turn green soon, which will add volume to the move. We are above Ichimoku in the weekly, which is ...
|Super Bullish Bitcoin (BTC) Price Prediction: Target By 2024 BTC Halving
Bitcoin's breakout rally in October has markets eagerly anticipating the cryptocurrency's next moves.
Trading at $28,000 on crypto exchanges to start the month, Bitcoin price (BTC) is poised to finish October well above $34,000. That's a cool 21% monthly return on investment at the Oct 1st price.
But where does the world's leading cryptocurrency go next on the charts?
Bitcoin Price Prediction: $50,000
A recent analysis by popular cryptocurrency market analyst Michaël van de Poppe puts the BTC spot price in the $45K to $50,000 range sometime before the next halving.
If it's to reach de Poppe's predicted price level by April, Bitcoin will have to break through key resistance at $38,000, the technical analyst added in a post on Twitter.
I think we'll see #Bitcoin hit resistance at $38K, but most likely we'll continue towards $45-50K pre-halving.
After that, consolidation, sideways action for a long period before we'll start making new ATH's.
In the meantime? Probably altcoins starting to show strength. pic.twitter.com/PFnARDq6Fy
— Michaël van de Poppe (@CryptoMichNL) October 28, 2023
The fourth Bitcoin halving is the latest in a four-year event that cuts new supplies of Bitcoin in half.
It has so far followed a historical pattern of boosting the coin's trading price on crypto exchanges because of the economics of supply and demand. The next one is expected sometime in April.
While past performance does not guarantee future results, the halving has historically ...
|CEO Is Super Bullish On Solana, Predicts SOL To 2X If This Pattern Is Co...
Raoul Pal, the founder of Real Vision and one of crypto frequent commentators, thinks SOL, the native currency of Solana, a smart contract platform, has 'been extremely bullish all year.' In Pal's assessment, the coin will likely double in the next few sessions, especially if there is a welcomed breakout above the immediate liquidation level.
Taking to X on October 20, the founder noted that SOL has rallied by 171% in 2023 alone. At the same time, looking at technical candlestick arrangements, the immediate resistance level that traders should watch out for is $30. This line, Pal thinks, marks a critical liquidation level per the 'big inverse head and shoulders' pattern evident in the daily chart.
In technical analysis, this pattern signals that bear momentum is slowing, and the uptrend could be around the corner. Often, it forms when prices make three lows, with the middle low (the head) being lower than the other two lows (the shoulders).
Pal Is Bullish On Solana, Will SOL 2x? Even so, as Pal notes, the uptrend will be valid once there is a high volume bullish breakout above the 'neckline.' In the Solana price chart in the daily chart, the neckline is at $30, a psychological level buyers have failed to break since it was registered in July 2023. This level also marks Solana's highest price this year.
While Solana struggles to overcome the strong resistance by USDT (and technically USD bulls), SOL bulls have been easing past resistance levels v...
|Super Rare Bullish Golden Cross Forms on Bitcoin Price Chart
Bitcoin was trading between $29,000 and $29,100 early Monday after a mild five-day slump and a month down 4.26%. But the leading cryptocurrency's price tumbled at a level high enough to flash the bullish charting signal after March and June's big pumps.
As Bitcoin price lazily range-traded amid unprecedented low volatility late last week, its moving averages over different time ranges began to shift. Just briefly, the 50-day moving average crossed over the 200-day moving average. That's what charting specialists among day traders call a golden cross.
Bitcoin Price Charts Rare Golden Cross Pattern
Golden crosses are bullish indicators. They suggest recent price action has deviated so far from the 200-day average that the market is reevaluating the floor price level. When this happens with Bitcoin, it can lead to bubble-like melt-ups.
The BTC 50-day moving average has been riding the 200-day MA close since November. But it finally broke above the slower moving average on August 4. Since then, Bitcoin's 50-day moving average has fallen and given some space back to the longer trend.
A golden cross of the 50 and 200-day moving average for BTC has only happened twice before! This is the third golden cross of this kind in the crypto's entire history as a traded asset.
A Long-Term Bullish Trend Reversal Signal
Both previous Bitcoin golden cross patterns preceded significant price run-ups for BTC to new all-time highs. The first one happened in early 2016 and signaled...
|SEC Coinbase and Binance Lawsuits Super Bullish for BTC and ETH (Opinion...
The U.S. Securities and Exchange Commission went ham on crypto exchanges last week by filing toothy lawsuits against Binance and Coinbase. While crypto exchanges and altcoins are in the hot seat, the regulator is leaving BTC and ETH alone, at least for now.
When news of the SEC's lawsuit against Binance and Coinbase hit markets, the prices of all assets plunged across the board. BNB crashed 10% in 24 hours. It lost another 5% on Sunday and kept dumping on Monday to a multi-month low at $223.
Bitcoin prices plummeted from the $27,100 handle Sunday to $25,750 Monday. But the world's oldest and most well-capitalized cryptocurrency blockchain recovered quickly.
BTC and ETH Rally with SEC's New Suits Priced in
BTC bounced back to above the $27,000 level on Tuesday, even as news of a second SEC lawsuit against Coinbase spread.
Although the agency increasing enforcement activities against the crypto industry harmed crypto prices last week, it appears BTC and ETH will emerge from the regulatory heat unscathed. Bitcoin is already up 2.75% on the five-day window, with the Binance and Coinbase lawsuits priced in.
Meanwhile, Ethereum had a massive rally with the latest SEC news priced into the market. Ether prices on crypto exchanges jumped from $1,800 at 1:30 pm UTC Tuesday to a high of $1,890 before the session turned over. That was a cool 5% intraday gain for the second-largest crypto.
SEC Leaves Bitcoin, Ether, and Ripple Alone
The SEC has named these 19 tokens as securities through...
|Bybit Revs Up Its Sponsorship Game: Backing Safehouse Racegraph in Lambo...
[PRESS RELEASE - DUBAI, United Arab Emirates, May 11th, 2023]
Bybit, the world’s third most visited crypto exchange, is proud to announce its official sponsorship of the Safehouse Racegraph Lamborghini team for Super Trofeo in Asia. This partnership is a thrilling new step for Bybit, as it continues to accelerate toward the future of finance.
With this sponsorship, Bybit will be supporting Safehouse Racegraph’s quest for victory at the Super Trofeo series, which consists of six races across five countries in Asia and Australia. The deal will see Bybit’s striking logo prominently displayed on the team's car as they compete on iconic circuits such as Sepang and Fuji.
Bybit is no stranger to sports sponsorship, inking one of the biggest sports sponsorship deals of all time when it became the Principle Team Partner of Oracle Red Bull Racing in February 2022. The deal with Safehouse Racegraph will further extend the crypto exchange’s reach in Asia and Australia as the crypto revolution gears up globally.
Safehouse Racegraph has recently made an exciting addition to its driver lineup for the upcoming season. Singapore-based Finnish driver Mikko Nassi, known for his illustrious career in karting, has turned his sights toward GT competition and will be bringing his immense talents to Safehouse Racegraph. Joining him on the team will be 27-year-old Singaporean Ni Weiliang, who has honed his racing skills through a successful career in Asian single-seaters.
|Drake Won $1.2M Worth of Bitcoin on Super Bowl Bet
The popular Canadian rapper - Aubrey Drake Graham (better known as Drake) - won $1,262,000 worth of bitcoin after the Kansas City Chiefs came out victorious on Super Bowl LVII and Patrick Mahomes scored a touchdown.
His last year's bet was also successful, bringing him a profit of $300,000 in BTC.
Super Bowl is Immune to 'Drake's Curse'
The singer tried his luck on this year's Super Bowl betting on numerous events. He wagered $700,000 worth of bitcoin on the Kansas City Chiefs to win the match for which he profited $777,000 in BTC.
Drake's second bet included Patrick Mahomes scoring a touchdown, staking $50,000 worth of the primary cryptocurrency. The athlete finished the game with three touchdowns which resulted in a $700K gain.
The Canadian also predicted that JuJu Smith-Schuster will score a touchdown, Kansas City Chiefs will win both halves and each quarter, Travis Kelce will become MVP, and the position of the MVP will be tight end. He placed $215,000 in BTC on those bets, which turned out unsuccessful.
The Chiefs were down in the first half and made a comeback by the end of the match, while the MVP was the quarterback Patrick Mahomes.
In the aftermath, Drake's total profit equaled $1,262,000 worth of the leading digital asset. He once again used the sports betting platform - Stake.
The musician won $300,000 in BTC last year when the Los Angeles Rams (LA Rams) won Super Bowl LVI, while Odell Beckham Jr. (OBJ) scored a touchdown.
Contrary to his...
|After a Devastating 2022: Crypto Firms Will Not Advertise at Super Bowl ...
Cryptocurrency exchanges will supposedly not promote their products and services during Super Bowl LVII this Sunday (February 12).
The bear market in 2022 shook the industry to its core, wiping out close to $2 trillion and causing multiple bankruptcies. One of the most active advertisers at last year's Super Bowl was FTX, whose demise in November still echoes across the industry.
From 'Crypto Bowl' to No Ads at All
The most anticipated event in the National Football League (NFL) is just around the corner, meaning numerous companies have already inked marketing deals to promote themselves during the match between Kansas City Chiefs and Philadelphia Eagles. The sports event is watched by around 100 million people each year, making it a desirable commercial spot.
Unlike in 2022, the logos of cryptocurrency organizations will reportedly not shine across the stadium this year. Mark Evans - Executive Vice President of ad sales for Fox Sports - confirmed the speculation, adding that beverage giants like Heineken and fast food brands, including Doritos and M&Ms, will take their place.
FTX, Coinbase, Crypto.com, and eToro were some of the companies with the strongest presence during last year's Super Bowl. Coinbase's marketing initiative brought so much traffic that the platform experienced an outage.
Several months later, though, the market collapsed, and the interest in digital currencies started declining. Coinbase dismissed some staff due to t...
|FTX Debtors Demand Return of Funds Given to US Politicians and Super PAC...
FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators Joe Manchin and Tina Smith, have already pledged the funds to charity. It is uncertain whether they will be required by law to repay the funds to the now-bankrupt FTX estate.US Political Elite Under Pressure to Repay FTX Contributions Before Deadline
It is widely recognized that lawmakers in Washington, D.C. and U.S. political action committees received significant funds from FTX, its co-founder Sam Bankman-Fried (SBF), and top executives. Estimates indicate that SBF and the FTX team donated an estimated $90 million to U.S. bureaucrats and political organizations since the exchange's inception. For example, SBF and former FTX executives Nishad Singh and Ryan Salame donated roughly $70.1 million to the Democratic and Republican parties for the 2022 midterm election cycle.
A press release, dated Feb. 5, states that FTX debtors aim to retrieve funds distributed among Washington, D.C.'s political elite. The announcement reads, 'FTX debtors are sending confidential messages to political figures, political action committees, and other recipients of contributions or payments made by or under the direction of the FTX debtors, Samuel Bankman-Fried, or other officers.' It also states that 're...
|Study Finds Nearly 60% of Hong Kong and Singapore's Super Rich Have Inve...
According to a study jointly published by KPMG China and Aspen Digital, about 58% of Singapore and Hong Kong's family offices and high-net-worth individuals have invested in digital assets. Reports suggest the info shows the crypto market downturn has not diminished the super-rich's interest in digital assets, and is unlikely to dissuade them from increasing their holdings of these assets.Singapore and Hong Kong's Super-Rich Increasingly Interested in NFTs
Nearly 60% of family offices and high-net-worth individuals (HNWI) from Hong Kong and Singapore have invested in digital assets, while 34% are planning to do the same, a new study has found.
Besides holding BTC and ETH, the study found the two regions' super-rich have also shown increased interest in non-fungible tokens (NFTs) and decentralized finance (defi) products. Commenting on the study's findings, jointly published by KPMG China and Aspen Digital, the latter firm's CEO Yang He said:
NFTs have seen an explosion in interest since 2021, while the interest in Defi began in 2020 and remains interesting.
According to a South China Morning Post report, among the 30 family offices and HNWIs that participated in the study, more than 60% had assets under management (AUM) that ranged between $10 million and $500 million. As noted in the report, the two regions' super-rich were not dissuaded from investing in crypto assets by the market's downturn.
Family Offices May Allocate More to Digital Assets
Meanwhile, the Aspen Digital ...
|SUPER SAPIENSS First Japanese Entertainment DAO Project 'Movie X Charact...
PRESS RELEASE. It is with much pleasure that Finance Inc announces the launch of its SUPER SAPIENSS NFT website, run by the entertainment DAO project, which is active on FiNANCiE.
About SUPER SAPIENSS
This project is being spearheaded by the noted and prominent Japanese movie directors Yukihiko Tsutsumi, Katsuyuki Motohiro, and Yuichi Sato; along with the producer Takeshi Moriya; who have led the Japanese entertainment and movie industries for years.
In this type of entertainment project, the creation process, from the initial script to the completed webtoon or film, is disclosed to the public; therefore, the fans can be consistently involved in the production of each film.
With the help of FiNANCiE's 'token issuance' and 'co-creation community', the project is intended to establish and build an entertainment DAO, using the tokens to bring a revolutionary era of entertainment to the world. As of now, the project has already completed two funding rounds through the issuance of tokens. Over the course of these two funding rounds, the total cumulative sales are over 50 million JPY, and there are approximately 3,000 members of the community supporting the project. In addition, the project will use the sales revenue to create a webtoon that will be released during the winter of 2022.
By holding tokens, supporters will be actively involved in the project through events and milestones in the community rather than overseeing content production. Also, the project emphasizes the valu...
|While Everyone Is Trying to Build a Super App Blockbank Has Done It
PRESS RELEASE. “Creating a neobanking super-app for crypto and digital assets has been blockbank’s ultimate vision since its inception. Throughout this past year, we have listened to our growing user base, acquired global licenses, and built one of the most technologically advanced pieces of software in this space,” said Anastasija Plotnikova, the CEO of blockbank.
Blockbank is available on the Apple and Google Play stores for download and provides the end user with a portal into all things banking, digital finance, and cryptocurrency. Having multiple back-ends with one front-end establishes a multi-faceted user-centric experience allowing each user to pick and choose how they want to participate not only in the application but with their own personal finances.
The app aims to give its users an unparalleled set of options. First, where they are fully KYC’d, and the assets are custodied within the application, users can stake, earn, and trade. Second, where users can be fully decentralized, they can participate directly in the DeFi space while self custodying their own assets. Third, they get access to a bank account number enabling them to send or receive traditional money. By the end of this year, a fourth component will be enabled - a working global crypto credit card allowing users to spend or withdraw cash from any ATM globally.
Blockbank was recently announced as a winner of a European Fintech Hackcelerator by Accelpoint and was invited by the ...
|A New Super PAC Aims to Elect BTC Advocates and 'Vote out Anti-Bit...
On Friday, Grant McCarty, the director of policy and public affairs at Bitcoin Magazine, announced the launch of three political efforts aimed at bolstering bitcoin public policy at the Bitcoin 22 conference in Miami. McCarty revealed the Bitcoin Advocacy Project (BAP), the Bitcoin Policy Institute (BPI) and an independent expenditure-only political committee called the Financial Freedom PAC.3 Newly Launched Political Efforts Aim to 'Bring About an Orange Wave Across Washington'
A new bitcoin-themed Super PAC has been launched to help 'elect bitcoin champions.' According to the Financial Freedom PAC website introduced by Bitcoin Magazine's Grant McCarty, the new Super PAC supports 'candidates that aim to defend and uphold the following rights of bitcoin owners in the United States.' In recent times, bureaucrats have unveiled a number of regulatory policies toward digital currencies and many fear that strict crypto regulation can stifle technological innovation.
Basically, a Super PAC is an independent political committee that solicits donations to bolster independent political activity and help frame public policy. While Super PACs cannot donate directly to political candidates, the PAC can spend unlimited sums of money to either fight against political candidates and legislation or advocate for specific bureaucrats.
The Financial Freedom PAC explains that it supports four political candidates including the Ohio Republican Senate candidate, Josh Mandel, the California Democr...
|Bitcoin is a Super Strong Investment, Says Tennis Champion Serena Willia...
One of the most successful tennis players of all time – Serena Williams – teamed up with Block Inc’s money transfer service provider – Cash App – to provide women and people of color with further financial access to bitcoin. She praised the primary cryptocurrency as the leader in the industry, calling it a ”super-strong investment.”
Williams is a Bitcoin Bull
The Jack Dorsey-led firm – Block – announced the collaboration with the tennis superstar at the Miami Bitcoin Conference. Williams raised hopes that the initiative will grant women (who are not as engaged with the crypto industry as men) and people of color additional access to bitcoin opportunities:
“It’s important to expand bitcoin to women and people of color.”
In addition, the American athlete displayed herself as a keen proponent of the primary digital asset. The 23-times Grand Slam winner said BTC’s limited supply of 21 million coins is its most valuable merit. In her view, the world of crypto is constantly developing, but this advancement is mainly led by bitcoin:
“What’s interesting in bitcoin is there is not going to be a ton available. I like looking at it like that and deciding: Okay, that is a super-strong investment in terms of all cryptocurrencies. There’s a lot happening in the cryptocurrency world and obviously, I think it’s all being led by bitcoin.”
Serena Williams. Source: Yahoo
It is worth notin...
|US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims '...
The United States senator from Ohio and Senate Banking Committee chief Sherrod Brown is not a fan of cryptocurrencies. This week during Tuesday's stablecoin hearing, Brown criticized all the cryptocurrency companies who advertised during the Super Bowl this past weekend and stressed that he's 'never seen the Federal Reserve buy a multimillion-dollar commercial for U.S. dollars.'Sherrod Brown Says Super Bowl Crypto Ads Left a Few Things Out
For quite some time now the U.S. Senate Banking Committee chief Sherrod Brown (D-OH) has argued that crypto assets 'put Americans' hard-earned money at risk.' In November 2021, Brown sent a letter to stablecoin issuers and crypto trading platforms like Tether, Coinbase, and Gemini and explained that he worries about protecting U.S. investors. 'I have significant concerns with the non-standardized terms applicable to redemption of particular stablecoins,' Brown stressed at the time.
During the hearing on Tuesday, dubbed: 'Examining the President's Working Group on Financial Markets Report on Stablecoins,' Brown once again highlighted his concerns about crypto assets. At the hearing, Brown's first remarks were directed at the U.S. central bank and he noted that the Federal Reserve Board of Governors needs 'to bring down prices and put workers first.' After that, Brown said that if his colleagues were truly concerned about inflation, they 'will not slow down this process' of bringing prices down.
Then Brown went on to discuss the cryptocurrenc...
|Market Update: Cryptocurrencies Rebound After The Super Bowl
The top ten cryptos were all up yesterday after some crypto companies advertised during the pro football championship game.
Yesterday's market volatility continued with the SPX500 and DJ30 falling 0.29% and 0.44%, respectively, as well as NASDAQ100, rising marginally by 0.25%. On Monday night, the oil price nearly hit $94, increasing its previous high near 90 dollars.
Top Cryptocurrencies Performance
The price of Bitcoin briefly rose to $43,500 today. Solana rose 8%, while Ethereum gained more than 7%. XRP and Cardano also saw increases with 3 percent each at their peak values throughout Tuesday's trading session alone.
Bitcoin gained 3.6% in 24 hours and trading at $44,000 | Source: BTC/USD Chart on Tradingview.com
The live price for Avalanche is $88.33, with a 24-hour trading volume that has increased by over a billion. Kadena is a blockchain ecosystem that makes crypto work for everyone! They provide the security of Bitcoin with virtually free gas and unparalleled throughput. Their smart contracts are more innovative than ever, too - they have almost raised their value today due in large part because it offers all this great technology at an affordable price point (and no lock-ups).
With the recent announcement of Galaverse dates, Gala Games' market value has increased by 18%. The Graph, an indexing protocol for querying data on networks like Ethereum and IPFS that powers many applications in DeFi (decentralized finance) and a broader Web3 ecosystem, is up 19% withi...
|Coinbase's Shares Face Enhanced Volatility Following Super Bowl Fi...
Popular crypto-exchange Coinbase saw its shares spike as the markets opened today, after bringing millions of Superbowl viewers to their site on Sunday.
Coinbase was trading 5% down on the Nasdaq over the weekend. However, their stock is back up 3% as of Monday, trading at about $200.
The movement comes following a successful Superbowl ad campaign from the exchange, where it competed against other noteworthy ads from Crypto.com and FTX.
The ad announced $15 in free Bitcoin for anybody that joins the platform before Feb 15th. This promised a more surefire return than FTX’s similar giveaway of 7.54 Bitcoin to just 4 lucky winners.
The incentive proved too effective to handle. The exchange sparked 20 million visits to its landing page within only a minute after the ad aired, causing the company's site to briefly crash.
The finals – which featured the LA Rams and Cincinnati Bengals – also starred Odell Beckham Jr, who received his entire salary in Bitcoin last year. The player scored the first touchdown of the match but was later removed from the game due to injury.
His efforts were enough though: For betting on both Beckham and the Rams’ victory, Canadian Rapper Drake won over $300k in Bitcoin bets on the match.
Coinbase stock. Source: Tradingview
|Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Volatile Following...
Cryptocurrencies were initially in the red to start the week, despite several crypto firms securing lucrative Super Bowl ad slots. Over 100 million viewers watched the 'crypto bowl' advertisements, however bitcoin prices started lower on Monday.
BTC/USD is lower for a fifth consecutive session to start the week, as markets gave up all of last week's gains.
BTC/USD fell to an intraday low of $41,681.96 on Monday, following a peak of $42,693.05 during Sunday's session.
The recent decline in prices has pushed BTC closer to support of $40,800, a level it hasn't hit since February 5.
Monday's move comes as price strength has continued to slip, with the 14-day RSI falling below recent multi-month highs.
As of writing, the Relative Strength Index is tracking at 55, a level which appears to be a short-term floor, however should it move above resistance of 56.43, bulls could re-enter.
Looking at the moving averages on 10-days and 25-days, we are starting to see a consolidation in momentum, as these trend lines begin to trend sideways.
Although it seems likely that the floor will be hit, long-term traders will likely look at buying this dip.
Ethereum was also lower to start the week, as bears continued to circle the world's second largest cryptocurrency.
However, as the session progressed, prices slowly began to gain some bullish momentum, following the U.S. open.
As of writing, ETH was marginally higher, as prices were once again looking to trade above the $3,0...
|This is What Happened With Drake's $1.3M Bitcoin Bet on the Super ...
The Canadian rapper Aubrey Drake Graham, popular among music fans as Drake, made a major $1.26 million bet worth of bitcoin on the Super Bowl match between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals. He seems to have good prediction skills since he profited $300,000 after the referee’s final whistle.
Drake’s Bitcoin Bets
The Super Bowl’s match traditionally garners the attention of millions of Americans each year. Last night’s game was watched by over 90 million people in the USA alone. The bookmaking companies use the hype around it to offer all kinds of bets. Such unusual ones include: “What will the coin toss land on – heads or tails,” “Will a player propose after the game,” “Which crypto company commercial will air first,” and many more.
The renowned musician Drake did not bet on such bizarre events. Instead, he wagered around $472,000 on LA Rams to win the title, about $400,000 on Odell Beckham Jr. (OBJ) to catch a touchdown, and $400,000 on the footballer to have over 62.5 receiving yards.
The team from Los Angeles won by 23-20. Keeping in mind that the coefficient, Drake cashed out more than $240,000 worth of BTC. Additionally, LA Rams’ star OBJ caught the first touchdown in the match, bringing the rapper approximately $453,000 worth of the leading digital asset.
Unfortunately for Drake, Odell Beckham Jr. left the game with an injury in the fourth quarter and thus could not gain over...
|Coinbase Super Bowl Ad Caused Disruption on Its Platform
The leading US cryptocurrency exchange advertised itself during the major sports event Super Bowl. Chief Product Officer Surojit Chatterjee said that the marketing move generated “more traffic than we’ve ever encountered,” which briefly disturbed operations. Nonetheless, he assured things were quickly put under control.
The Super Bowl Effect
Similar to other crypto exchanges, Coinbase used the popularity and the massive audience base behind Super Bowl to promote its services. The ad consisted of a colorful bouncing QR code, which upon scanning, led viewers to the company's promotional website.
Additionally, the trading venue offered $15 worth of free bitcoin to anyone who signed up until February 15 and vowed to distribute a $3 million giveaway to existing customers.
Shortly after, Coinbase revealed that the marketing efforts were “more popular” than expected, causing an outage on the platform.
Oh wow that was more popular than we expected, but don’t worry … we’re all still going to make it! Check your emails if you had a problem and sign up/see terms for our $15 BTC giveaway here → https://t.co/fKHisXZJJc #WAGMI pic.twitter.com/ie7VXPS2xy
— Coinbase (@coinbase) February 14, 2022
In a separate tweet, CPO Surojit Chatterjee confirmed that the reason for the disruption was the unexpected amount of traffic, which Coinbase experienced. He said that the teams “had to throttle traffic for a few minutes.”
|Drake Makes a Bitcoin Bet Worth Nearly $1.3 Million on Upcoming Super Bo...
Popular Canadian rapper Aubrey Drake Graham, also known mononymously as Drake, made a massive bitcoin bet on Sunday's Super Bowl Game between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals.
Drake took a snapshot of his bet and posted it on Instagram for his over 100 million followers, with the caption 'All bets are in on the family.' The rapper's wager was a total of $1.26 million in bitcoin, which was made via Stake, a cryptocurrency sports betting platform.
Drake placed a bitcoin bet worth CA$600,000 ($472,476) for the LA Rams to win against the Bengals. The rapper also seemed to be behind Odell Beckham Jr, the LA Rams' wide receiver, betting CA$500,000 ($393,825) on the footballer to have over 62.5 receiving yards.
The Canadian celebrity staked another CA$500,000 on Beckham Jr to catch a touchdown. Back in November, the American footballer announced that he will receive his NFL salary in BTC, following a partnership with CashApp.
Meanwhile, the Super Bowl LVI, which begins on Sunday, February 13, has seen massive interest from different crypto companies. Multiple exchanges have spent millions of dollars on advertisements to reach viewers during the game.
Sam Bankman-Fried's FTX recently announced that it will give out free bitcoin as part of its BTC campaign. The platform paid for advertising space back in October 2021.
Another major cryptocurrency exchange CryptoCom paid over $6 million for a 30 second-ad in the 2022 Super Bowl.
|Bitcoin Giveaway: Crypto Exchange FTX Giving Away BTC During Super Bowl
Crypto exchange FTX is giving away bitcoin during the Super Bowl this weekend. The company estimates that each winner could receive between eight and 10 bitcoins. The actual prize amount depends on the time FTX's Super Bowl commercial airs.FTX Giving Away Bitcoin in Super Bowl Sweepstakes
Cryptocurrency exchange FTX announced Monday that it is giving away bitcoin during the Super Bowl this weekend. The company's website explains:
We're making our Big Game debut and giving away the time our ad runs in bitcoin.
Super Bowl LVI, the upcoming championship game of the National Football League (NFL), will be played between the National Football Conference Champion Los Angeles Rams and the American Football Conference Champion Cincinnati Bengals.
'When the ad airs, we'll tweet the commercial and pin the tweet. To enter, follow us and retweet that pinned tweet on our @FTX_Official Twitter account between the time it airs and 11:59 p.m. EST,' FTX detailed, adding that no purchase is necessary.
FTX's Super Bowl commercial will run on NBC on Feb. 13. The giveaway begins when FTX tweets about it. 'This will happen between approximately 8:30 p.m. Eastern Time ('ET') and 10:30 p.m. ET),' the exchange said, emphasizing that the promotional period will end at 11:59 p.m. ET.
There will be 'four grand prizes,' the exchange noted, elaborating:
Each winner will receive bitcoin deposited into their FTX account. The amount of bitcoin to be deposited will be equal to the ET time (hour and minute) t...
|FTX To Giveaway Free Bitcoin During The Super Bowl LVI
Sam Bankman-Fried's cryptocurrency exchange, FTX, announced that it will give away free Bitcoin to its fans as part of an advertising campaign during Super Bowl LVI on February 13.
The campaign is part of an effort by FTX to gain a more significant brand presence in the more mainstream audience of sports fans - especially considering that the Super Bowl is the most watched sports event in the United States.
The Right Time
Sam Bankman-Fried is an expert in aggressive and creative marketing tactics, and this campaign is no exception. It's not your typical giveaway, and instead, it basically relies on luck —and timing.
No one knows how much money FTX will donate - and therein lies the creative part of the campaign. The exchange explained that the exact number of Bitcoins to be given away will depend on the time its ad appears on the TV screens of those watching the Super Bowl.
'We're making our Big Game debut and giving away the time our ad runs in bitcoin ... For example, if it runs at 9:02 EST, we'd give away 9.02 BTC.'
A total of 4 winners will be chosen, and the campaign is available for all US residents (from all 50 states except New York) who have followed the official FTX account and retweeted the FTX tweet alluding to the event between the time it airs and 11:59pm EST.
Sports Marketing Works For FTX
FTX has grown at a swift pace, gaining popularity among many cryptocurrency enthusiasts. The winning recipe is based on a combination of product diversification, good t...
|This Year's Super Bowl Attendees to Get Commemorative NFT Tickets ...
The National Football League (NFL) has announced the American football organization plans to give fans virtual commemorative tickets in the form of non-fungible tokens (NFTs) for the upcoming Super Bowl LVI in Los Angeles. The NFL has partnered with Ticketmaster to issue the commemorative NFT tickets allowing fans to hold 'a digital keepsake from their Super Bowl experience.'
NFL and Ticketmaster Plan to Give Super Bowl LVI Attendees NFT Tickets
On February 2, 2022, the NFL and the world's largest ticket marketplace Ticketmaster Entertainment announced the organizations have collaborated in order to issue non-fungible tokens (NFTs) for the upcoming Super Bowl. The goal is to leverage blockchain technology so fans can commemorate Super Bowl LVI in Los Angeles forever. The Super Bowl will take place on February 13, 2022, and the football game will be between the Rams and the Bengals. Super Bowl LVI will be the first time the two teams have competed for the league championship.
The NFL says that with the help of Ticketmaster every fan who attends the championship game will get the limited edition Super Bowl LVI NFT commemorative tickets. According to the press announcement, the NFTs will feature customizations such as the owner's unique section, row, and seat. Bobby Gallo, the NFL's SVP of Club Business Development, explained during the announcement that the football league had already seen interest in NFL-centric non-fungible tokens.
'We first began offering virtual commemorat...