Day: October 2, 2021

Chinaโ€™s crypto ban may reveal digital yuan CBDC goals

Chinese regulatory authorities gave yet another shock to the cryptoverse by imposing a ban on all cryptocurrency transactions on Sept. 24. This measure came just as the market was beginning to recover from the government’s June prohibition on cryptocurrency mining activities. The fear, uncertainty and doubt (FUD) that resulted from the ban caused Bitcoin (BTC) to crash nearly 9% within five hours, from exchanging hands in the $45,000 range to bottoming out at $41,142. Soon after, Alibaba announced that it would be banning any sale of cryptocurrency rigs and related…

SEC Extends Decision Timeline Of Four Bitcoin ETFs By 45 Days

Bitcoin EFT applications are piling up as the United States Securities and Exchange Commission (SEC) continues weighing its options. Wall streetโ€™s most powerful regulator has once again extended the timeline on making decisions as to whether or not it will approve Bitcoin Exchange-Traded Funds (ETF). The commission extended the deadlines on four applications by 45 days. The first decision on a proposed rule change that would allow the listing and trading of Bitcoin ETF has been put off till November. New Deadlines Set By SEC Global X Bitcoin Trust, Valkyrie…

How to Get Free Bitcoin | Free Bitcoin Mining Sites 2021 Must Watch!

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io How to Get Free Bitcoin | Free Bitcoin Mining Sites 2021 Must Watch! Get started here If you want to discover more about how to get free bitcoin you can check out: This video is presenting how to get free bitcoin but also try to cover the following subject: -free bitcoin mining sites -how to get free bitcoin fast -free bitcoin earning sites Youtube is the best place to go when looking for videos about how to get free bitcoin. how to…

Over 6,000 Customers Lost Funds โ€“ Security Bitcoin News

The Nasdaq-listed cryptocurrency exchange Coinbase has disclosed that at least 6,000 users were victims of a hacking campaign to gain unauthorized access to the accounts of Coinbase customers. The hackers also took advantage of a flaw in Coinbaseโ€™s SMS Account Recovery process to gain access to user accounts. Cryptocurrencies of at Least 6,000 Coinbase Customers Stolen by Hackers Cryptocurrency exchange Coinbase reportedly informed over 6,000 customers this week that their accounts had been compromised and funds were removed. A copy of the letter is posted on the website of Californiaโ€™s…

How Two Primeโ€™s Crypto Fund Beat Bitcoin in August โ€” CoinDesk

The fund, which has assets under management of $40 million, saw year-to-date returns through the end of August rise 183% (net of fees) vs. bitcoinโ€™s raw gain of 62%. The trailing 12-month returns of the fund through Aug. 31 jumped 537% (net of fees) vs. bitcoinโ€™s 313% rise, according to a source with direct knowledge. The Digital Assets Fund uses a derivatives overlay to hedge net long BTC and ETH delta exposure, according to an investor deck. Source

MASSIVE Cryptocurrency Market Crash (Don't Make This Mistake)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Biggest mistake I see with beginners is panic selling when the market consolidates…that is not the way to invest. Goes completely against the basics of investing: Buy LOW sell HIGH There’s plenty of options for taking advantage of a market correction. For those who are more active in crypto and have a bit more experience with trading, a leveraged short is very profitable. For more passive investors and/or inexperienced traders, just hold off on buying more and get ready for buying in…

Private distributed ledger technology or public blockchain?

Some people think that permissioned distributed ledger technology can perform better than open blockchain because it is tweaked to address the issues of the latter. Such systems are also called โ€œpermissioned blockchain,โ€ as if blockchain is a high-level concept and โ€œpermissionedโ€ is one of its variants. But this statement is controversial and down below, you will come to understand why. Is โ€œpermissionedโ€ decentralized? There are a lot of other options to choose from in DLTs: permissioned, private, enterprise, federated DLT, etc. And frankly, sometimes, it is not easy to distinguish…

Cryptocurrency Ban in India? ๐Ÿ”ฅ Bitcoin Latest News ๐Ÿ’ฏ Budget 2021 ๐Ÿ’ต

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Hi Friends, is video me maine aapse Government of India ke Budget 2021 me 12th point pe new law Bit Coin / Cryptocurrency Ban ke proposal ke baare me baat ki hai. Parliament ke session me jo 29 January se start hua usme se ek report nikal ke aayi hai. Hame aage future me pata chalega ki Government Ban karti hai aur RBI (Reserve Bank of India), ek India ki Cryptocurrency implement karega. Ye bhi ho sakta hai ki Government regulations/laws implement…

October’s Historical Bitcoin Price Trend Extends Hope for a Renewed Bull Run to End the Year โ€“ Market Updates Bitcoin News

Bitcoin logged price losses once again for the crypto assetโ€™s fifth consecutive September in its lifetime, but as soon as the month ended, billions of dollars came back into the crypto economy. Metrics show that while September has consistently been a bad month for bitcoin, October, on the other hand, has traditionally been a good month for bitcoin since 2013. Bitcoin Has Been Profitable in October 77% of the Time In 2020, the price of bitcoin (BTC) closed the month of September at around $10,750 per unit but the following…

This Overlooked Crypto Tax Provision Would Be a Disaster

This episode is sponsored by NYDIG. Download this episode On this edition of โ€œThe Breakdownโ€™s Weekly Recap,โ€ NLW looks at: Hidden crypto tax provision 6050I Chilling language from British lawmakers around using CBDCs to control citizensโ€™ spending The Compound political gaffe See also: Compound Founder Says $80M Bug Presents โ€˜Moral Dilemmaโ€™ for DeFi Users โ€œThe Breakdownโ€ is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is โ€œCountdownโ€ by Neon…