Day: January 23, 2022

Here are the countries that moved to outlaw crypto in the past year

boss

Last week, Pakistan’s Sindh High Court held a hearing on the legal status of digital currencies that might lead an outright ban of cryptocurrency trading combined with penalties against crypto exchanges. Several days later, the Central Bank of Russia called for a ban on both crypto trading and mining operations. Both countries could join the growing ranks of nations that moved to outlaw digital assets, which already include China, Turkey, Iran and several other jurisdictions. According to a report by the Library of Congress (LOC), there are currently nine jurisdictions that have…

Cryptocurrency Market Update: BIG Sell Off Crypto market wipes out $1,000,000,000,000's! But Why?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Welcome Back Everyone for our daily crypto market update! Hey guys Our Cardano Stake Pool Is Now Live! we are now also on Daedalus wallet too! A Great way to support the Channel and Help Decentralise Cardano’s Network would be to Delegate your ADA to our Stake pool and Stake with AllinCrypto! If you don’t know how to stake we have a video called how to stake cardano we produced yesterday please make sure you are delegating your ADA through the correct…

First Practices Aren’t Best Practices

This episode is sponsored by Nexo.io. As 2022 kicks into gear many of us are wondering what’s in store for bitcoin and the broader crypto markets. Our lives, although our own, are driven by cycles which are often outside of our control. These cycles create the environment in which we each try to find happiness and success. But we can’t see the cycles, at least not until they’ve come to pass and so we can’t tell if this time is different until it’s too late. Credits: Today’s show featured Andreas M. Antonopoulos,…

Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, ACH*, FTM

boss

BTC is oversold and possibly ready for a relief bounce, but this could be a trap for altcoins and Bitcoin if bull volume fails to sustain. Bitcoin (BTC) fell close to $34,000 on Jan. 21, which reflects a 50% decline from the $69,000 all-time high made on Nov. 10, 2021. Altcoins also could not buck the trend and faced intense selling pressure, which pulled the total crypto market capitalization to $1.6 trillion, a 46% decline from its November 2021 all-time high near $3 trillion. It is not only the crypto…

Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions – Market Updates Bitcoin News

boss

Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin futures open interest and volumes have dropped considerably over the last two months as well. Crypto Volumes Slide Month-Over-Month Since November When crypto markets shed significant value, traders typically look to see if trade volume increases in order to support the current prices. Since a…

When and why did the word ‘altcoin’ lose its relevance?

boss

All cryptocurrencies other than Bitcoin (BTC) were first described as altcoins for a single reason: There was a rise of projects that copied and pasted Bitcoin’s source code. The cryptocurrencies in the early stages weren’t unique enough to have a distinctive term, so “altcoin” (alternative coins) best fit their description. The community, at that point, didn’t put too much thought into other cryptocurrencies due to Bitcoin’s potential advancement — its future price growth, use cases, mainstream adoption, etc. It was the leading head in crypto. But things changed when people…

Urgent 📣 Crypto News Today / Why Crypto Market Is Going Down Today / Crypto Market Crash / Btc Crash

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Urgent 📣 Crypto News Today / Why Crypto Market Is Going Down Today / Crypto Market Crash / Btc Crash TELEGRAM :- buy Baby dogecoin on 👇👇 refferal Code ( 177730 ) free 100rs Btc Future Trading Tutorial sign-up CoinsBit and get 200$ Open Your Account And Get Reward 👇👇 WAZIRX :- BINANCE :- HOTBIT :- #crypto_market_crash #why_Crypto_Market_Is_Crashing_today #why_Crypto_Market_Is_Crash_today #why_Crypto_Market_Is_Down_Today_Hindi #crypto_news_today_hindi #which_Crypto_to_invest #which_Crypto_Buy_Today #why_Crypto_Market_Is_Crash_today #why_Crypto_Market_Is_Crashed_again #bitcoin #btc #cryptocurrency #cryptoinvestor #cryptoinvestor #Crypto_news_live #cryptocurrencies #wrx_price_prediction_hindi #wazix #wrx #Doge_COIN_NEWS_TODAY #crypto_news #cryptonews #crypto_news_today_hindi # #cryptocurrency_news_today #crypto_news_india…

How To Mine BITCOIN? | Explain It To Me Like I'm 5

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io You certainly heard of Bitcoin Mining before, but how exactly does the mining work? In this episode of the #Shorts series, we’ll try to easily explain to you what is bitcoin mining and how people actually mine bitcoin. After watching this video, even the layman or absolute beginner in cryptocurrencies should finally understand, what exactly “bitcoin mining” means. WATCH NEXT: ▶ Top 5 Richest Bitcoin Billionaires In The World – ▶ 5 Largest BITCOIN MINES On Earth – ✅ Subscribe for more…

No, Tech Stocks Aren’t Driving Crypto Prices

Yet the narrative of bitcoin offsetting the devaluing dollar is even weaker than the one about it being a tech-related investment. The correlation coefficient between bitcoin and the U.S. Dollar Index is just -0.13. Against U.S. bonds, represented by the iShares 20+ Year Treasury Bond ETF (TLT), it is just -0.02. In other words, no relationship at all. Source

Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year – Defi Bitcoin News

boss

The value locked in decentralized finance (defi) has dropped 21.22% since January 4, 2022. At the time, the total value locked (TVL) in defi was $255.84 billion and today, the TVL is around $201.55 billion. TVL in Defi Loses $54 Billion in 2 Weeks While digital currency markets shed significant value during the last two weeks, the value locked in decentralized finance has also dropped considerably. Since the first week of January, the TVL in defi shed $54.29 billion in value. Today, the TVL in defi is $201.55 billion which…