Day: January 28, 2022

‘Bull or bear market?’ Bitcoin losses from panic selling mount in 2022

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Bitcoin (BTC) sellers’ losses are mounting as the BTC price downturn shows that some investors are panicking at current prices. Data from on-chain analytics firm Glassnode and trading suite Decentrader shows that in January, more and more BTC entities have been selling coins for less than they purchased them. On-chain loss selling now “consistent” While no one wants to sell an asset without profit, Bitcoin downtrends tend to see a certain cohort of market participants do so anyway — for fear of greater losses if they stay put. This panic…

First DEX on Internet Computer launches, others coming soon

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The first decentralized exchange on the Dfinity Foundation’s Internet Computer blockchain went live this week, following up on the release of a new whitepaper. According to information shared with Cointelegraph, there are already two other exchanges in the works. The first version of the new DEX, called Sonic, launched to mainnet on Sunday. There are initially only three pools for token swaps using its native token Internet Computer Protocol (ICP): InterICP/WICP (wrapped ICP), ICP/XTC (Cycles Token), and WICP/XTC. Users can also earn rewards for providing liquidity. Sonic, the first DEX…

WATCH OUT FOR THIS ETHEREUM PATTERN NOW!! Ethereum Price Prediction 2022 & Ethereum News Today (ETH)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io WATCH OUT FOR THIS ETHEREUM PATTERN NOW!! Ethereum Price Prediction 2022 & Ethereum News Today (ETH) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Targets and my Ethereum Strategy (Ethereum Technical Analysis Today)! Is Ethereum the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! 🚨NEW: My Complete Technical Analysis Course 👉 👈 📈BEST TRADING PLATFORMS: ► Bybit 👉 👈 (NEW $4,100 BONUS)* 🔥 Register with…

Chinese food delivery giant joins CBDC efforts

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China’s food delivery giant Meituan has become the latest tech firm to integrate central bank digital currency (CBDC) payments for its services. Meituan users can link the digital yuan wallet to their service app and use it for a range of daily services such as booking hotels, cabs and paying at restaurants. The food delivery and daily services app recorded 660 million transacting customers last year, and the integration of e-CNY payments would only help the Beijing government to test its sovereign digital currency more widely. Over the past few…

Wharton Accepts Cryptos as Tuition for Blockchain Courses

The Wharton School, a premier business school at the University of Pennsylvania in the United States, officially accepts cryptocurrency as a payment method for blockchain courses through Coinbase exchange.  The Ivy League business school has stated that its newest online executive education program, “The Economics of Blockchain and Digital assets” course, started on January 2022, This is a six-week program with a total tuition fee of $3,800. And Wharton offers an introductory course on cryptocurrency and blockchain to students who want to learn about the field through its online education…

Comments On Pantera Capital’s Predictions For The Crypto Market In 2022

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One of Pantera Capital’s investors, Paul Veradittakit, was brave enough to make predictions for this year in the tumultuous world of crypto. Even though we applaud the courage, we’re going to poke holes in them. Because this is the Internet and that’s what we do here. To be clear, the author went through 2021 biggest trends and extrapolated them into the future. Which is a safe enough technique.   Related Reading | Sports NFT Marketplace Lympo Suffers An $18.7 Million Hack Considering Pantera defines itself as the “first U.S. institutional asset…

BofA upgrades Coinbase

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The “Halftime Report” traders debate Bank of America’s bullish call on Coinbase. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important…

Bitcoin analysts fear new BTC price dip as funding rates drop post Fed

Bitcoin (BTC) created resistance at $37,500 on Friday amid an increasing consensus that a new dive was underway.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Funding signals dip expectations Data from Cointelegraph Markets Pro and TradingView revealed $37,500 as the ceiling which capped price action overnight into Friday. BTC/USD had recovered from a trip to local lows of $35,500 after comments from the United States Federal Reserve, but previous highs still eluded bulls. Now, with funding rates continuing into negative territory, it seemed that the market expected another investigation of the…

Bitcoin Worth $670M Leaves Centralized Exchanges After Hawkish Fed Comments

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Outflows do not necessarily imply passive investing and investors often tokenize coins drained from centralized exchanges on the Ethereum blockchain to earn extra yield. The number of wrapped bitcoin (WBTC) has increased by 13,000 this year, extending the year-long rising trend. WBTC is the first ERC20 token backed 1:1 with bitcoin and represents the top cryptocurrency on the Ethereum network. Source

Your views matter: Information Commissioner to conduct major listening exercise

Newly appointed Information Commissioner John Edwards has announced a major listening exercise to hear direct from businesses, organisations and people about their experiences of working with the ICO. The exercise will include a survey, as well as a series of events held across the UK. In February, the ICO will hold events for business and industry and for the public sector, with guests invited to share their experiences with Mr Edwards directly. Further events will involve civil society, academia and the public, with a focus on young people. Meetings will…