Day: February 2, 2022

Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum – Bitcoin News

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Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Original

First Mover Asia: Crypto Prices Plunge Late After Weak Meta Earnings

Good morning. Here’s what’s happening: Market moves: Bitcoin ended its two-day winning streak with heavier selling pressure during late U.S. trading hours. Technician’s take: BTC’s pullback could continue into the Asia trading day; initial support at $35K. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $37,031 -4.5% Ether (ETH): $2,690 -3.8% Top Gainers Asset Ticker Returns Sector Internet Computer ICP +8.4% Computing Ethereum Classic ETC +2.1% Smart Contract Platform Algorand ALGO +0.2% Smart Contract Platform Top Losers Asset Ticker…

How to invest in cryptocurrency SAFELY | + Luno Malaysia guide

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How to invest in cyptocurrency safely? Believe it or not, there are some simple strategies that you could use to limit your risks when it comes to crypto-investing. I am by no means a crypto expert, so definitely research further before you invest your hard earned money! The best cryptocurrency exchanges in Malaysia are: Luno Malaysia (fully regulated by Securities Commission Malaysia) I’m not sponsored, but have an affiliate link if you’re interested 🙂 referral code (SGYZP7) 1. Sign up with my…

Cathie Wood’s ARK Invest Puts Bitcoin At $1 Million By 2030

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Investment firm ARK Invest has revealed its bullish outlook for bitcoin. It is not the first time that the company would be taking such a bullish stand on the digital asset. But it is the first time that it is putting the price of the cryptocurrency at such a high price point. This comes following the recent market crash that saw bitcoin lose about 50% of its all-time high value but this has done nothing to deter the firm from seeing a largely successful future for the digital asset. Bitcoin…

FTX Enters Japanese Crypto Market With Acquisition of Regulated Crypto Exchange – Exchanges Bitcoin News

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Cryptocurrency exchange FTX has announced the acquisition of Liquid, which operates a regulated Japanese exchange, Quoine. The two companies “expect to work together to provide products and liquidity to clients in the Japanese and global markets.” FTX Acquiring Liquid to Provide Services to Japanese Customers Crypto exchange FTX is entering the Japanese crypto market. FTX CEO Sam Bankman-Fried tweeted Wednesday: FTX is pleased to announce the acquisition of the Liquid group of companies, including an FSA-registered crypto-asset exchange to provide products and services to our customers in Japan. Liquid independently…

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Federal Reserve Board Nominees Bring Blank Slate on Crypto Views

“Fed Chair (Jerome) Powell and Governor (Lael) Brainard have been very involved in digital assets to date and have articulated that stablecoins and CBDCs can coexist. If leadership at the Fed had shifted, there would have been a period of learning, delaying current workstreams, and potentially leading to a shift in views towards digital assets,” Baldwin said. Source

Bitcoin price dips below $37K as a descending channel pattern comes back into play

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The crypto market is once again in the red on Feb. 2 as global financial markets continue to see increased volatility.  Data from Cointelegraph Markets Pro and TradingView shows that after spending the morning hovering around $38,200, BTC was hit with a wave of selling that pushed the price to $36,800. BTC/USDT 1-day chart. Source: TradingView Here is what several analysts and traders are saying about Wednesday’s Bitcoin price action and what areas to keep an eye on moving forward. Bulls are in trouble below $36,700 Insight into the major…

Bitcoin See Low Demand As Investors Defend $37K, Is BTC In Trouble?

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Bitcoin has been rejected as it approached $40,000 and has experienced a rise in volatility during today’s trading session. The first crypto by market cap trades at $37,400 with a 4.3% loss in 24-hours. Related Reading | Bitcoin Steadies At $37,000, But What Are Options Traders Doing? BTC trends to the downside in the daily chart. Source: BTCUSD Tradingview There has been a shift in market sentiment as Bitcoin attempts to bounce from a low near $33,000. A large portion of traders seem to have positioned themselves on the short…