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  • Sleeve Sponsor Jetcoin Celebrates Huddersfield Win in FA Cup Game Following Successful $JET IDO | by Bit Media Buzz | Jan, 2022

    Sleeve Sponsor Jetcoin Celebrates Huddersfield Win in FA Cup Game Following Successful $JET IDO | by Bit Media Buzz | Jan, 2022

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    Bit Media Buzz

    Singapore, January 12th, 2022 — Blockchain-powered sports and entertainment NFT solution Jetcoin celebrates the victory of their sleeve-sponsored team Huddersfield Town A.F.C. which has defeated Burnley in the FA Cup Third Round.

    This comes close on the heels of the sport NFT solutions provider’s IDO which closed successfully a week before, followed by its listing on popular BSC (Binance Smart Chain) DEX (decentralized exchange) Pancakeswap, with 80% of the funds raised, locked in liquidity on the platform.

    “Broadcast in 38 countries with potential viewership of 200 million, the FA Cup games offer massive global exposure and we couldn’t be prouder of our team Huddersfield’s amazing performance on the pitch this past weekend,” declares Jetcoin CEO and founder Eric Alexandre.

    Three match jerseys worn at the game are redeemable for fans through the JET Interactive NFT cards.

    History on Repeat? Double Underdog Wins with Jetcoin Sleeve Sponsorship

    Currently, Burnley competes in the top tier of English Football, the English Premier League, while Town competes in the Championship, the second tier. For Jetcoin, the upset win is reminiscent of the 2018 FA Cup Championship when another David-Goliath tale played out as Wigan Athletic F.C., a League One team two divisions down EPL, scored a historic win against Manchester City, the then leading team in the EPL. Both times saw sport NFT solutions provider Jetcoin supporting the underdog with sleeve sponsorship and emerging victorious.

    2022 also marks the 100th anniversary of Huddersfield’s only FA Cup success in 1922, a run which began with a 2–2 draw at Turf Moor, home stadium to Burnley.

    Staking Program Officially Open with 1 oz Pure Silver Minted $JET for 1st 100 Participants



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  • Goldfinch Protocol (GFI) is launching on Coinbase Pro

    Goldfinch Protocol (GFI) is launching on Coinbase Pro

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    Starting Today, January 11, transfer GFI into your Coinbase Pro account ahead of trading. Support for GFI will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin later today if liquidity conditions are met.

    One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for DESO, API3 (API3), Bluezelle (BLZ), Gods Unchained (GODS), Immutable X (IMX), Measurable Data Token (MDT), Ribbon Finance (RBN), Circuits of Value (COVAL), IDEX (IDEX), Moss Carbon Credit (MCO2), Polkastarter (POLS), ShapeShift FOX Token (FOX), Spell Token (SPELL) and SuperFarm (SUPER)

    Once sufficient supply of GFI is established on the platform, trading on our GFI-USD order book will launch in phases, auction mode then limit-only or full trading mode. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.

    We will publish tweets from our Coinbase Exchange Twitter account as each order book moves through the phases.

    Goldfinch Protocol (GFI) is an Ethereum token that governs Goldfinch, a decentralized credit protocol for extending business loans without collateral. The token can be used to vote on the future of the protocol and protocol auditors can stake GFI to receive rewards.

    GFI is not yet available on Coinbase.com or via our Consumer mobile apps. We will make a separate announcement if and when this support is added.

    You can sign up for a Coinbase Pro account here to start trading. For more information on trading GFI on Coinbase Pro, visit our support page.

    ###
    Please note: Coinbase Ventures may be an investor in the crypto projects mentioned here, and additionally, Coinbase may hold such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available at https://ventures.coinbase.com/. Coinbase intends to maintain its investment in these entities for the foreseeable future and maintains internal policies that address the timing of permissible disposition of any related digital assets, if applicable. All assets, regardless of whether Coinbase Ventures holds an investor or Coinbase holds for operational purposes, are subject to the same strict review guidelines and review process.
    This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

    Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.

    All images provided herein are by Coinbase.

    Goldfinch Protocol (GFI) is launching on Coinbase Pro was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.



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  • Bottlepay Gets FCA Approval as Crypto Business

    Bottlepay Gets FCA Approval as Crypto Business

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    The United Kingdom’s Financial Conduct Authority (FCA) is slowly approving the registration of crypto companies one at a time: the most recent one being NYDIG subsidiary Bottlepay, which is a Bitcoin-based payments company.

    Announced on Tuesday, the company highlighted that it has become the first Lightning Network payments company to receive the British financial market regulator’s approval as a crypto business.

    “Our registration with the FCA is an achievement not just for Bottlepay, but for the
     
     Lightning Network      ,” said Pete Cheyne, the Founder of Bottlepay. “This registration goes to show that we can build the financial infrastructure of the future while upholding the regulatory and compliance standards of today.”

    Lightning Network

    The lightning network was introduced to overcome the limitations of the
     
     Bitcoin      network and make it suitable for making small and instant payments. However, the majority of the crypto industry is yet to adopt the supplementary technology.

    Meanwhile, Bottlepay is focused on building an instant payment network and is allowing users to make payments in Bitcoin, pound sterling and euro.

    “We are incredibly proud of what the Bottlepay team has accomplished,” said NYDIG President, Yan Zhao. “Securing FCA registration is a breakthrough event and is a testament to NYDIG’s and Bottlepay’s commitment to compliance. Together with Bottlepay, we will continue to work hard to make the Bitcoin network accessible to all.”

    The FCA mandated the registration of all cryptocurrency platforms operating in the United Kingdom last year. Though the initial deadline was short, the regulator extended it until March 2022 due to the massive backlog on its part to review the submitted applications. So far only a handful of crypto companies have gained the FCA’s nod, but interestingly dozens of companies withdrew their applications, meaning they do not want to offer their services in the British market.

    The United Kingdom’s Financial Conduct Authority (FCA) is slowly approving the registration of crypto companies one at a time: the most recent one being NYDIG subsidiary Bottlepay, which is a Bitcoin-based payments company.

    Announced on Tuesday, the company highlighted that it has become the first Lightning Network payments company to receive the British financial market regulator’s approval as a crypto business.

    “Our registration with the FCA is an achievement not just for Bottlepay, but for the
     
     Lightning Network      ,” said Pete Cheyne, the Founder of Bottlepay. “This registration goes to show that we can build the financial infrastructure of the future while upholding the regulatory and compliance standards of today.”

    Lightning Network

    The lightning network was introduced to overcome the limitations of the
     
     Bitcoin      network and make it suitable for making small and instant payments. However, the majority of the crypto industry is yet to adopt the supplementary technology.

    Meanwhile, Bottlepay is focused on building an instant payment network and is allowing users to make payments in Bitcoin, pound sterling and euro.

    “We are incredibly proud of what the Bottlepay team has accomplished,” said NYDIG President, Yan Zhao. “Securing FCA registration is a breakthrough event and is a testament to NYDIG’s and Bottlepay’s commitment to compliance. Together with Bottlepay, we will continue to work hard to make the Bitcoin network accessible to all.”

    The FCA mandated the registration of all cryptocurrency platforms operating in the United Kingdom last year. Though the initial deadline was short, the regulator extended it until March 2022 due to the massive backlog on its part to review the submitted applications. So far only a handful of crypto companies have gained the FCA’s nod, but interestingly dozens of companies withdrew their applications, meaning they do not want to offer their services in the British market.

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  • Ethereum Prints Bullish Technical Pattern, Why Close Above $3,200 Is Critical

    Ethereum Prints Bullish Technical Pattern, Why Close Above $3,200 Is Critical

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    Ethereum fell to $2,930 before correcting higher against the US Dollar. ETH price is rising and a close above $3,200 could spark a strong recovery.

    • Ethereum extended decline and broke the $3,000 support zone.
    • The price is trading below $3,200 and the 100 hourly simple moving average.
    • There was a break above a major bearish trend line with resistance near $3,110 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could start a major recovery wave if there is a close above $3,200.

    Ethereum Price Eyes Steady Recovery

    Ethereum failed to climb above $3,200 and extended its decline. ETH declined below the $3,050 and $3,000 support levels to move further into a bearish zone.

    The price spiked towards $2,920 and traded as low as $2,931. Recently, there was a sharp upside correction above the $3,000 and $3,050 levels. Besides, there was a break above a major bearish trend line with resistance near $3,110 on the hourly chart of ETH/USD.

    Ether price settled above the 61.8% Fib retracement level of the downward move from the $3,210 swing high to $2,931 low. It is now consolidating above the $3,100 level.

    On the upside, an immediate resistance is near the $3,145 level. It is near the 76.4% Fib retracement level of the downward move from the $3,210 swing high to $2,931 low. The next major resistance is near the $3,200 level and the 100 hourly simple moving average.

    Ethereum Price

    Source: ETHUSD on TradingView.com

    A clear upside break above the $3,200 level could spark a decent recovery wave. The next key resistance is near the $3,300 level. Any more gains could send the price towards the $3,420 level in the near term.

    Fresh Decline in ETH?

    If ethereum fails to start a fresh increase above the $3,200 level, it could start another decline. An initial support on the downside is near the $3,060 level.

    The first key support is now forming near the $3,000 level. A downside break below the $3,000 level might put a lot of pressure on the bulls. In the stated case, there is a risk of a new monthly low below the $2,931 level.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is slowly losing pace in the bullish zone.

    Hourly RSI – The RSI for ETH/USD is above the 50 level.

    Major Support Level – $3,060

    Major Resistance Level – $3,200

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  • Binance sponsors AFCON to further develop crypto adoption in Africa

    Binance sponsors AFCON to further develop crypto adoption in Africa

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    Monday marked the start of the TotalEnergies Africa Cup of Nations tournament — the largest men’s football championship series in Africa. At the same time, Binance announced its official partnership with the Confederation of African Football as well as its official sponsorship for the AFCON 2021 tournament, becoming the first crypto and blockchain sponsor for the event.

    Through this sponsorship, Binance will also be promoting CAF’s social media content which will include the Assist of the Day, Assist of the Week and Assist of the Tournament. This content will cover games from five cities in Cameroon across all six venues.

    Veron Mosengo-Omba, the General Secretary for the CAF, was “delighted to welcome Binance as an official sponsor of the AFCON tournament this year.” Mosengo-Omba said that he is optimistic that this partnership will “push African football to a new level.”

    AFCON 2021 marks the start of the African sports calendar and will continue until Feb 6.

    Binance’s partnership with CAF is a part of an ongoing campaign to provide financial services to Africans who they say would normally have very limited access to banks and other financial institutions. So far, Binance says it has already given over 541,000 Africans access to free classes on crypto.

    Binance Director for Africa Emmanuel Babalola stated: “Football is the most popular sport in Africa.” He said that they hope this sponsorship will further “corroborate our mission to take crypto mainstream across the continent.”