Day: January 26, 2022

First Mover Asia: Interest Rate Hikes in the Future? Crypto Rally Shorts Out

Good morning. Here’s what’s happening: Market moves: Bitcoin gave up early gains after Powell’s hawkish comments. Technician’s take: Long-term momentum remains weak and BTC is at a critical point. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $36,826 -0.3% Ether (ETH): $2,470 +0.7% Top Gainers Asset Ticker Returns Sector Polygon MATIC +5.5% Smart Contract Platform Dogecoin DOGE +5.1% Currency Solana SOL +3.0% Smart Contract Platform Top Losers Asset Ticker Returns Sector Cosmos ATOM −5.8% Smart Contract Platform Internet Computer…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto.com Signup Referral Link (Get Signup Bonus): Crypto.com Referral Code: j69sbhczfj How To Get Metal Visa Card: Get Great Deals at Amazon Here: How To Connect Crypto.com App To Defi Wallet – Crypto.com How To Transfer Crypto To Defi Wallet – Hello, In This Video I Go Over VVS Finance Tutorial – Comprehensive Guide Farming LP Mining Crypto.com Defi Wallet with VVS Finance Step by Step Instructions, Guide, Tutorial, Video Help In this video I walk through the step by step guide,…

Crypto Exchange FTX Reaches Massive $8 Billion Valuation in New Funding Raise

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Crypto exchange FTX has reached a staggering new valuation after it completed its latest round of fundraising. According to a press release, the company closed $400 million during its Series A round of funding today, which now has FTX valued at $8 billion. Brett Harrison, FTX’s president, says that the crypto exchange’s valuation reflects its rapid growth in 2021 and will serve as the foundation for its future. “FTX US scaled rapidly throughout the course of 2021, and our Series A valuation reflects both what we’ve concretely accomplished and what…

Lack Of Liquidations Could Indicate Another Wave Of Selling

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Bitcoin finally broke below the $40K point this past weekend. This had sent the cryptocurrency back towards six-month lows. One thing though was that liquidations or the digital asset remained lower than expected. The current liquidation volumes lay well below the volumes that have accompanied previous crashes like this one. This could be a very important indicator for the market. Bitcoin Liquidations Remain Low In Shakeout Previously, whenever the price of bitcoin had dumped this hard, liquidation volumes have quickly risen. This is due to the massive sell-offs that follow…

Global Crypto Owners Predicted to Surpass 1 Billion This Year – Featured Bitcoin News

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The number of global crypto owners is expected to exceed one billion by the end of the year, according to a report by Crypto.com. “Nations can no longer afford to ignore the growing push to crypto by the public. We may in many cases expect a friendlier stance towards the crypto industry,” the company said. There Will Be More Than 1 Billion Crypto Owners Worldwide This Year, Report Shows Crypto.com released its “Crypto Market Sizing” report last week showing an analysis of cryptocurrency adoption worldwide. The global crypto population increased…

Ethereum bulls aim to flip $2.8K to support before calling a trend reversal

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The dire predictions calling for the onset of an extended bear market may have been premature as prices appear to be in recovery mode on Jan. 26 following a signal from the U.S. Federal Reserve that interest rates will remain near 0% for the time being.  After the Fed announcement from, prices across the cryptocurrency market began to rise with Bitcoin (BTC) up 4.11% and making a strong push for $39,000. This sparked a wave of momentum that helped to lift a majority of tokens in the market, but at…

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Finding Bitcoin’s True Point of Pain, Why Sub $30K Seems Likely

Bitcoin maintains its bullish short-term trajectory into the U.S. Federal Reserve FOMC meeting, suggesting the downtrend might be losing strength. BTC investors have feel the pain in the last weeks, as the cryptocurrency displays a high correlation with the U.S. stock market. Related Reading | Bitcoin Whales Take Advantage Of Market Crash To Gobble Up Millions In BTC As of press time, BTC trades at $38,301 with a 2.3% profit in 24-hours. BTC with moderate gains in the 4-hour chart. Source: BTCUSD Tradingview Data presented by Joe Orsini, Director of…

NFT ‘ETH in Mellieha’ Set to Go on Auction for Legal Rights to Number Plate – Sponsored Bitcoin News

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sponsored ETH in Mellieha is the latest in a long line of NFT experiments that aim to challenge traditional values and concepts of art and ownership. This particular project is being advised by Mamo TCV Advocates, one of Malta’s leading law firms. At the core of ETH in Mellieha is an Oil Painting that No Longer Exists Local artist Debbie Bonello was commissioned to create an oil painting of a car that featured ETH on its number plate. After the painting was finished, it was to be burnt during a…

Tesla Reports Bitcoin Holdings Were Unchanged in Q4

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The value of the bitcoin holdings of Tesla (TSLA) at the end of the fourth quarter remained unchanged from the end of the previous quarter at $1.26 billion, the electric car maker reported in its quarterly earnings report on Wednesday. Tesla did not buy or sell any bitcoin in the quarter, nor did it record any impairments to the value of its bitcoin holdings as the price of bitcoin was essentially flat from the end of the third quarter to the end of the fourth quarter. In the third quarter,…