Month: January 2022

Bitcoin dropped 30% in a month, here's what's next – Gareth Soloway updates gold, stocks, crypto

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin has fallen 30% from its November highs, but Gareth Soloway, chief market strategist of InTheMoneyStocks.com, just bought more at the $48,000 level, as he expects a short-term bounce. Follow David Lin on Twitter: @davidlin_TV ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Gareth Soloway on Twitter: @GarethSoloway ( 0:00 – Bitcoin’s recent moves 9:19 – Stock market correction 13:55 – Bitcoin price outlook 16:32 – Natural gas 18:20 – Gold #Bitcoin #Gold #trading __________________________________________________________________ Kitco News is the world’s #1…

Syndicate Launches Tool for Spinning Up DAOs With Legal Docs

Spinning up a cryptocurrency-fueled investment community in the form of a decentralized autonomous organization (DAO) should be as easy as creating a group chat. That’s according to Syndicate Protocol, a decentralized investment platform tapping into the power of social networks, which announced on Tuesday the beta launch of its first crypto-native investing tool: Web3 Investment Clubs. The startup, which raised $20 million in the summer of last year, has taken the concept of traditional investment clubs, where groups of people are invited to meet up in town halls, restaurants and…

Russian finance ministry official calls for crypto regulation, not restriction

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In surprising comments made by the Russian director for financial policy, Russia could be softening its stance toward crypto. Ivan Chebeskov, a director within the Ministry of Finance, has come out in support of regulating crypto rather than banning it. His support is a response to the Russian central bank proposing a blanket ban on crypto mining and trading. According to Chebeskov, banning cryptocurrency operations and mining will lead to the country lagging behind the worldwide tech industry. The minister instead suggested that cryptocurrencies should be regulated: ​​“We need to give these…

USDC Leaves Tether Behind In Terms Of Market Cap And Becomes First On Ethereum

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There are have always been tussles recently between the top two most popular stablecoins, USD Coin (USDC) and Tether (USDT). But recently, USDC is creating a notable milestone as it out-runs Tether on the Ethereum network in terms of the total supply. Since 2016, Tether seems to be the top stablecoin, ranking the most popular. This is after its market sharing with BitUSD and NuBits (USNBT). From its launch in 2014, Tether operated on Omni. However, it later emerged in the limelight as BitUSD and NuBits lost their shedding users…

Cryptocurrency Chart Analysis Hindi | How To Read Cryptocurrency Charts | Cryptocurrency Graph Tips

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Chart Analysis Hindi | How To Read Cryptocurrency Charts | Cryptocurrency Graph Tips Join Telegram:- All About This Video:- how to read Cryptocurrency charts how to read crypto charts crypto charts for beginners why crypto market is going down when crypto market will go up technical analysis of cryptocurrency wazirx crypto crypto charts explained crypto price charts reading crypto charts crypto chart reading crypto chart analysis cryptocurrency charts bitcoin bitcoin news bitcoin trading cryptocurrency cryptocurrency news crypto news #cryptocurrency #crypto #famlogy…

Cloud Miner BitFuFu Looks at US Listing Via SPAC Merger

The merged firm will have pro forma value of $1.5 billion, 4.6 times the projected 2022 revenue, according to the release. Assuming that bitcoin prices go over $45,000, BitFuFu expects 2022 revenue to hit $330 million, up from $100 million in 2021, and its net income before deductions to be $100 million, according to the press release. Source BitFuFuCloudListingMergerMinerSPAC CryptoX Portal

Where Do Financial Advisers Stand on Crypto? Inside Bitwise’s 2022 Benchmark Survey

“I think getting smart on crypto is one of the biggest business development opportunities for advisers of the next handful of years.” Download this episode Joining “On Purpose” host Tyrone Ross is Matt Hougan, CIO of crypto asset manager Bitwise. Hougan and Ross discuss Bitwise and ETF Trend’s joint benchmark survey of adviser attitudes towards the crypto asset class. The report surveyed over 600 advisers and revealed key indicators of the Registered Investment Advisor (RIA) industry’s perceptions of crypto. How many advisers have personal crypto holdings? Why is there a…

Fed Preview: How Rate Hikes Could Stimulate Demand for Stablecoins

With the price of bitcoin (BTC) tanking and the U.S. Federal Reserve now moving to tamp down rising inflation, some analysts think dollar-pegged stablecoins could be this year’s winning crypto trade. The Federal Open Market Committee (FOMC), the Fed’s monetary policy-setting committee, holds its January meeting starting Tuesday. Traditional and crypto investors will be awaiting what is said during this meeting, likely the last before several interest rate increases are announced during this year. While other central banks may keep their monetary policy loose, the Fed is expected to tighten…

Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions

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Indonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales. On Tuesday, the official Instagram account for OJK posted a warning against the growing number of crypto Ponzi schemes and risks of crypto investments owing to the market’s volatility. The official post also quoted the chairman Wimboh Santoso who said financial institutions are strictly prohibited from offering crypto sale services in any form. The official post read: “OJK has strictly prohibited financial service institutions from using, marketing, and/or facilitating crypto…