First positive trend of the year! How long-term is this one?

Digital Asset News

As the data from Cointelegraph Markets Pro and TradingView show, the weekend was mostly quiet for BTC/USD, with even a slight squint in the direction of $43,000 and the psychologically important $40,000 mark seems to have been consolidated.
Friday’s unexpected price jump initially caused some crypto experts to worry that it was a “fake,” but those fears have already been dashed as there has been no significant retracement.
“I don’t think Bitcoin’s upside is over yet,” as crypto analyst TechDev is now optimistic.
His colleagues also join in this tenor. For example, William Clemente points to the 41,000 US dollar mark as the next important hurdle, which could favor a jump to 50,000 US dollars.
“The price trend is actually pretty clear on BTC right now,” as the analyst notes. To this he adds:
“The green zone is forming the bottom. I would like to see a higher low now so that it can gradually move up in the long term. Once we break above the $40,000-$41,000 level, it can continue toward $47,000. From there, the last major resistance is at US$58,000.”

BXM Operations AG, a company founded by Bitmex CEO Alexander Höptner and CFO Stephan Lutz, has announced the acquisition of German bank von der Heydt. The two sides have already signed the purchase agreement, but the deal still needs to be approved by the German financial regulator (Bafin).
However, financial details are not yet known.
After the acquisition, which is expected to take place in mid-2022, Bankhaus von der Heydt will continue to operate “as an independent business unit” within BXM Operations. The private bank was founded in Munich in 1754 and is one of the few banks in Germany to offer custody and tokenization of digital assets.
Bitmex Group intends to use this business to drive expansion in the European region. CEO Alexander Höptner, formerly head of the Stuttgart Stock Exchange, clearly states his growth ambitions and plans to use the experience of Bankhaus von der Heydt to create “a powerhouse for regulated crypto products in the heart of Europe.” To this end, it has also already launched Bitmex Link, a brokerage service that enables trading of digital assets in Switzerland. This illustrates that companies related to digital assets are now making acquisitions in the traditional financial world!

After video game giant Nintendo presented its latest quarterly results a few days ago, the company expressed “interest” in the Metaverse during a Q&A session, while also making great “potential” in incorporating blockchain and non-fungible tokens (NFT) into the video game world. So far, however, there are no concrete plans and in general Nintendo wants to proceed cautiously in this regard.
David Gibson, senior analyst at MST Financial, had elicited the relevant statements from the gaming company when it asked in a tweet for its assessment of Metaverse and NFTs.
For Nintendo, the key question is “what value can be added” to players and fans of the brand with the implementation of these technologies. So as long as this is unclear, there will be no move towards Metaverse just yet. The Japanese video game giant is considered to be tradition-conscious and conservative in the industry, but in the past it has also repeatedly relied on innovations that have permanently changed the gaming world. Now that more and more game manufacturers are venturing into blockchain gaming and Metaverse, it is naturally being watched with excitement to see how the forge of successful titles such as Zelda, Pokemon and Super Mario relates to the innovative technologies.