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The U.S. Patent System Must Change In The Bitcoin Priced Deflationary Future

Bitcoiners understand that ideas are best built upon in a system that does not restrict innovation.

Frontier and Spirit Joining Forces to Create an Ultra-Low-Cost Juggernaut

We thought those animals on the Frontier Airlines livery were just hanging around looking cute. Turns out they were biding their time, plotting. And now they've made their move. Frontier just announced its planned purchase of fellow ultra-low-cost-carrier Spirit Airlines. The result will be a low-cost juggernaut, ranking fifth in size among America's airlines. One of our more prescient contributors, Steven Kimball, suggested this merger back in 2016. And from the airlines' perspective the merger makes a lot of sense.

Obviously there's the similarity in their approach to bare-fare pricing and bare-bones service. But also the all-Airbus narrowbody fleet, which will definitely contribute to a smoother merger and operational synergies. Both airlines operate the A320neo, and the new combined fleet will boast great fuel efficiency (cramming a ton of passengers into each plane also helps efficiency, I guess).

What's the upshot for passengers? The airlines are trying to spin this as a positive, with Frontier loyalists getting better access to Spirit's network in Central and South America, and Spirit-ers gaining more destinations in the western United States. The combined airline's heft may help it better compete with the big four. At the same time, this means fewer individual airlines within the ULCC segment, which may drive up fares in that part of the market.

Also it's no sure thing that the government will approve this plan. On one hand, the current administration has expressed a desire to keep inter-airline competition strong, and has been less friendly to mergers and partnerships. On the other hand, the administration is a little more embattled now and may not want to pick this fight. Or they may buy into the two airlines' argument that a larger fifth player in the market is better for competition overall.

The post Frontier and Spirit Joining Forces to Create an Ultra-Low-Cost Juggernaut appeared first on AirlineReporter.

What Are The Biggest Mistakes New Investors Make In Cryptocurrencies

The post What Are The Biggest Mistakes New Investors Make In Cryptocurrencies appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Interest in bitcoins and cryptocurrencies resumes at the beginning of 2022. The media suddenly start to make predictions about new records “to the moon” and the resumption of growth. Although the cryptocurrency market lost a lot of fans on the last correction, nevertheless, we hear “buy the dip” from every corner of our planet. Each …

Fast Food Giant McDonald’s Crypto Tweet Attracts Widespread Market Attention

Fast Food Giant McDonald's Crypto Tweet Attracts Widespread Market Attention

Several noted that the Bitcoin chart resembled the company’s golden arch emblem. On February 5, Bitcoin hit a two-week high

The post has appeared first on thenewscrypto.com

Shaktiio: the Anti-Liquidation Protocol for Crypto-Backed Loans

PRESS RELEASE. Based on the Anti-liquidation protocol, Shaktiio develops a liquidation protection programme for CeFi lending platforms. The anti-liquidation protocol aids the stability of the bitcoin market by preventing it from being overextended. The expansion of the loan market and the extensive usage of trading instruments, including the use of leverage, has resulted in the […]

Axie Infinity token AXS gains 40% after taking steps to avoid ‘permanent economic collapse’

The leading NFT game announced an update that would effectively slash the creation of its native Smooth Love Potion tokens by 56%.

The Weekend Shift: Polar Bears, Robot Olympics, Bombshells

The most interesting reads, podcasts, charts, and opinions from the internet this weekend -- curated for you by the Protos newsroom.

The post The Weekend Shift: Polar Bears, Robot Olympics, Bombshells appeared first on Protos.

Bitcoin Begins Bounce From 7-Year Bull Trend Line — Is This The Bottom?

Bitcoin price is now above $40,000, up more than 20% from the lows set in late January. Despite the recovery, common sentiment across the crypto community, analysts, and more is that the bottom is nowhere near in.  Meanwhile, BTCUSD has began its recent bounce from a seven year secular bull trend line. Could that fact combined how few are expecting a bottom be the best case for why one might already be in? Contrarian Take: Crypto Market Sentiment Would Be Blind To A Bottom In a flash, Bitcoin has risen back above $40,000 – still a far cry below the $100,000 end of year 2021 targets the crypto community, analysts, mathematical models, and more had been projecting.  The current collective expectation from that very same crowd is that the current rally is nothing more than a “bull trap” and a revisit to $30,000 and even lower is all but guaranteed.  Related Reading | Bitcoin Death Cross 2022: What You Need To Know About The Deadly Signal Often when the consensus expects one direction, the market moves in a contrarian manner. With market participants sold on the idea that a downtrend will continue, the current bounce could end up leaving many behind.  Especially when the bounce itself began at a seven year secular bull trend line – and a trend line that put in two bear market bottoms.  A look at the seven year secular bull trend line | Source: BTCUSD on TradingView.com The Bitcoin Trend Line That Just Won’t Stay Broken The chart above shows what the nearly decade-long trend line looks like. The trend line first began at the 2014-2015 bear market bottom, and was lost only temporarily during that time period. After grinding along it for almost two entire years, Bitcoin price went parabolic and rose from around $2,500 to $20,000 in a matter of months. The top cryptocurrency by market cap spent the entire bear market above the trend line, only touching back down on it in December 2018 to put in the most recent bear market bottom. Much like the 2014-2015 bear market, the line was briefly lost again during the current cycle during the Black Thursday market collapse. Reclaiming the trend line is what caused fireworks in late 2020 and early 2021, and Bitcoin has been ranging since. Only now after an unexpected downtrend back to low $30,000s has the cryptocurrency touched the trend line in question since late 2020. Related Reading | 2022: The Year The Secular Bitcoin Bull Run Could End A bounce is beginning, but very few expect this to be the bottom. But why not? Bitcoin has bottomed more times at this trend line than any other. Back in December 2018, the common theory was that the downtrend would continue and few expected the bottom to be put in when it was. In hindsight, that was indeed the bottom of the last bear market. Could this bottom be another example of one that’s only realized long in hindsight? Follow @TonySpilotroBTC on Twitter or join the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com

Commodities and Cryptos: Oil surges, Gold hovers around $1800, Bitcoin $40k ceiling may get tested

Oil Crude prices seem to have a one-way ticket to $100 oil.  This week’s rally in crude was supported by the OPEC+ decision to stick to their gradual increase strategy and as US production fell again.  An artic blast is also disrupting some production in Texas and that is driving this latest price surge. Initially […]

First NFT Drop for Play-to-Earn Game HexaHero and Metaverse MetaGaia

Blockchain technology company Advokate Group today announced its first Gaia Hero NFT drop starting immediately. The NFT collection is designed for the first Solana-based metaverse MetaGaia and its play-to-earn game HexaHero


View more HexaHero NFT details here. 


Your HexaHero NFT can be used as an avatar in:

  • The HexaHero play-to-earn game
  • The immersive MetaGaia metaverse
  • Upcoming MetaGaia games


It also gives you early access to the MetaGaia metaverse and earns you whitelist priority for the upcoming $METG IDO. 


The complete collection features 2,000 NFTs featuring five rarity levels: Common, Rare, Super Rare, Ultra Rare and Extreme. This launch follows the recent successful Legends NFT drop (the highest auction reaching USD$28,000) by Advokate.


Click here to join the event mailing list and stay tuned to upcoming announcements.



Pre-Sale

Pre-Sale 2

Public Sale

Date

Feb. 4, 2022

Feb. 11, 2022

Feb. 25, 2022

Quantity

200

600

1,200

Price

0.5 SOL

0.5 SOL

0.88 SOL


MetaGaia is the first metaverse to enable consumers to play-to-earn game, socialize, shop brands and buy virtual real estate. HexaHero, the first game to be released in the MetaGaia metaverse, is a play-to-earn game that enables players to buy, breed and sell NFT Hexas and NFT Heros. Players use Hero avatars to pilot Hexa robots in one-on-one battles with other players. 


In a recent metaverse survey of 1,000 U.S. consumers, gaming and socializing were the top two preferred activities. Also, over 93% of respondents want to earn money that can be transferred outside the game. 


“Our community wanted a Solana-based metaverse where they could socialize and enjoy play-to-earn games — so MetaGaia was born and our first game is HexaHero,” said Gordon Kwok, CEO and Founder of Advokate Group. “This NFT drop ensures your participation in MetaGaia with a character that can maneuver in the metaverse and earn real money in HexaHero.” 


About Advokate Group

Founded by MIT alumni, the Advokate leadership team brings business acumen from Blackstone, BlackRock, Sony-Ericsson and Wells Fargo. Advokate has overseen the release of multiple successful NFT drops and virtual games, and its flagship Solana-based MetaGaia metaverse is the first to allow consumers to play-to-earn game, socialize, shop brands and buy virtual real estate. Game developers from Final Fantasy, Zynga, Walt Disney and Ismole ensure the best gaming experience. 


For more information on MetaGaia visit the websiteFacebookInstagram and Twitter


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