Day: February 2, 2022

How Facebook’s ambitious stablecoin project came to an end

On Jan. 31, Meta, formerly known as Facebook, announced that it was pulling from its stablecoin project, Diem, formerly known as Libra. Intellectual property and other assets related to the operations of the Diem Payment Network were to be sold to Silvergate Capital Corporation, essentially meaning the end to Mark Zuckerberg and his corporations’ stablecoin aspirations, at least in their current shape. This also marks the end of a once-groundbreaking initiative that was revealed in 2019 with a promise to bring a global alternative to fiat money to Facebook’s 2-billion-strong…

ETHEREUM MASSIVE CRASH BEFORE PUMP TO $10,000!!! Price Prediction 2022, News, Technical Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum & Bitcoin Technical analysis, news, price predictions and more! SUBSCRIBE: Avocado DAO – Copper launch live now: Website: Hubble Protocol – Supercharge your liquidity on Solana: Twitter: ⏰ Timestamps Intro: (0:00) Market review: (0:27) Ethereum technical analysis: (0:57) Ethereum vs Bitcoin technical analysis: (2:27) Bitcoin technical analysis: (2:38) Lower timeframes: (3:18) Avocado DAO – Copper launch live now: (3:54) Funding, sentiment, and liquidation levels: (7:36) Hubble Protocol – Supercharge your liquidity on Solana, launching on Solrazr: (8:04) Il capo all-in on…

Unleashing Liquidity in DeFi Trading

Centralized exchanges (CEXs) have created opportunities for users to trade, buy and sell digital assets, but there are still thousands of tokens on a variety of blockchains that cannot be used as margin for hedging, trading or speculation. Moreover, leveraged trading on existing permissioned CEXs has substantial barriers to entry and is costly to operate and maintain. At the same time, decentralized exchanges (DEXs) for leveraged trading are permissioned and only provide limited choices for asset pairs. As more people adopt crypto as part of their personal investment portfolios, it’s…

Crypto.com Has Appointed Giuseppe Giuliani as Its Managing Director of the Exchange

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Crypto.com announced that it has appointed Giuseppe Giuliani to be its new Managing Director, effective from January 2022. According to a press release shared with Finance Magnates, Giuseppe Giuliani, an executive in the fintech industry with more than seventeen years of experience, has been named by Crypto.com, the digital asset firm, as the new Managing Director of the Crypto.com Exchange. Giuliani brings seventeen years of experience to the role, with extensive experience in both legacy finance and cryptocurrency to the company. He plans to focus on the ongoing growth of…

Greenidge Q4 Revenue Rises Even as the Number of Coins Mined Falls

Bitcoin miner Greenidge Generation said fourth-quarter preliminary revenue rose 23% from the third quarter even as the number of bitcoins produced fell 16%. Greenidge said in a statement that fourth-quarter revenue rose to about $44 million compared with the third quarter’s $35.8 million. The Dresden, New York-based miner also said its hashrate climbed 17% to 1.4 exahash per second (EH/s) as of Dec. 31, 2021. While Greenidge mined about 609 bitcoins in the quarter, a drop of 16%, the price of bitcoin touched a record high near $69,000 during the…

Crypto exchange FTX to buy Japanese rival Liquid

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Sam Bankman-Fried, chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, Dec. 8, 2021. Stefani Reynolds | Bloomberg | Getty Images FTX, the cryptocurrency exchange owned by billionaire Sam Bankman-Fried, is buying Japanese rival Liquid for an undisclosed sum. The company said Wednesday it had entered into an agreement to acquire Liquid and all its operating subsidiaries, including Quoine Corporation and its Singapore-based unit. Quoine was one of the first crypto exchanges to obtain registration with Japan’s…

Crypto Market Snoozes Through ADP Payroll Shocker

Wednesday’s ADP jobs report for January missed expectations by a mile, showing a loss of 301,000 jobs against expectations for a gain of 200,000. ADP put the blame on the Omicron coronavirus variant for the first negative jobs figure since December 2020. The loss of 301,000 jobs in January is a particularly massive turnaround from December 2021’s 776,000 gain. The leisure and hospitality industries accounted for more than half of January’s job losses, posting a decline of 154,000. Stock, bond and crypto prices aren’t really responding, however, perhaps because the…

BTC price dives with stocks as fresh sell-off sees PayPal shed nearly 25%

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Bitcoin reaffirms its current correlation with equities as tech stocks in particular suffer as trading gets underway. Bitcoin (BTC) fell on the Wall Street open on Feb. 2 as another tech stock rout panicked traders.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin: “Macro FUD is driving all”  Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it dipped below $38,000 as Wall Street began, giving back half of the gains secured on Monday. At the time of writing, the pair traded near $37,600 as tech stocks took a beating.…

una guía paso por paso para principiantes

Mientras tanto, pienso seguir experimentando con el precio de mis NFTs. Tengo previsto publicar mis antiguos poemas de la escuela de posgrado y, para que Juno se sienta orgullosa, pienso seguir escribiendo poemas los jueves, día regido por el amado de Juno, Júpiter. Tal vez, sólo tal vez, esta nueva rutina me ayude a volver a enamorarme de los NFTs y —lo más importante— de mi propio arte. Source