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Day: February 19, 2022
Demand for Gold-Backed Tokens Brings Premiums as Precious Metal’s Value Jumps Higher – Markets and Prices Bitcoin News
While stocks and cryptocurrency markets have floundered during the last week, the price of the precious metal gold has increased in value by 3.85% during the last seven days. An ounce of fine gold jumped from $1,826.92 on February 10, to $1,897.36 per ounce on February 19. Additionally, the top gold-backed crypto coins today have seen a significant increase in demand alongside premiums above the spot market price of gold. Gold Shines During Economic Uncertainty The world’s economy has been shaky and many are blaming the turmoil between Russia and…
NEXT MAJOR BITCOIN CRASH HAS BEGUN!!!!!!!!!!????? BTC Price Prediction Analysis
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This Bitcoin and Cryptocurrency trading analysis applies to various exchanges, including Bybit and Binance. Tackling questions like if Bitcoin can reach all time highs again or how low BTC will crash. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space. To join VIP, click on my name (@Forflies)…
THETA, GALA, and SAND Lead Weekend Crypto Bears – Market Updates Bitcoin News
THETA, GALA, and SAND were some of Saturday’s biggest cryptocurrency casualties, as an onslaught of bearish pressure pushed prices lower. This came whilst market bulls were few and far between to begin the weekend. Biggest Gainers As of writing, DOGE and LUNA were both marginally higher, however it was XRP that made the most gains within the crypto top 100 this Saturday. Despite the majority of cryptocurrencies remaining in red, XRP is up nearly 6% as of writing, following two days of strong bullish sentiment. XRP/USD rose to an intraday…
How to invest in crypto currency’s 🪙 |Live Demo
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io wazrix ;- zebpay;- 👉Alice Blue link;- 👉Upstox 3in1 account;- STOCK MARKET COURSE;- 👉Upstox account link;- 👉Angel broking link;- Stock trading is inherently risky and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital. None of the stock trading calls made by group companies associated with it should be construed as an offer to buy or sell securities, nor advice to do so. All comments and…
Bitcoin Slows Plunge Below $40K, What’s the Best Point for a Pullback?
Bitcoin continues to trend lower over the weekend and seems at risk of re-testing previous lows. The first crypto by market cap was rejected at mid-area north of $40,000 and was unable to muster the momentum to hold those levels. Related Reading | Did Top Three Bitcoin Addresses Just Call Another Local Bottom? As of press time, Bitcoin trades at $39,921 with a 1.2% and 5.2% loss in the last day and 7 days, respectively. BTC trends to the downside on the daily chart. Source: BTCUSD Tradingview Yuya Hasegawa, analyst…
Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills – Regulation Bitcoin News
The Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts will be presented for public discussions expected to continue until March 18. Media reports have revealed that Bank of Russia has been working on alternative bills. Russian Ministry of Finance to Open Consultations on New Crypto Legislation Russia’s finance ministry has started drafting two new bills to comprehensively regulate cryptocurrencies and related activities in the country. The treasury department proposes a new law “On Digital Currency” and a bill to…
Bitcoin inactive supply nears record as over 60% of BTC stays unspent for at least 1 year
Bitcoin (BTC) may be struggling at $40,000 but fresh data is reinforcing the fact that hardly anyone is interested in selling. Data from on-chain analytics firm Glassnode shows that despite price volatility, over 60% of the BTC supply has not left its wallet in a year or more. Strong hands have rarely been stronger Stubborn hodling by long-term investors is a characteristic that differentiates the current Bitcoin market climate from most other downtrends. With spot price action passing 50% losses versus November’s all-time highs last month, expectations were for cold…
The crypto world should know about longevity
As the first month of 2022 drew to a close, the internet was abuzz with trend predictions for the year ahead. Bloggers, Twitter influencers and established business moguls alike were, and still are, incredibly excited about the new opportunities afforded by an explosion of innovation in Web3. However, something you may have missed in scrolling pages of celebrity-backed NFT drops or speculations about the metaverse was the launch of a new company called Altos Labs, reportedly backed by Amazon’s former CEO Jeffrey Bezos. The language that followed the launch was…
Bitcoin's Energy Consumption Problem
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hordes of crypto fanatics got their knickers in a twist recently when erstwhile cheerleader Elon Musk expressed concerns about the environmental cost of Bitcoin. “Cryptocurrency is a good idea on many levels,” read a statement shared on his Twitter feed. “We believe it has a promising future – but this cannot come at great cost to the environment.” So how bad is Bitcoin for the planet? And does Musk’s radical U-turn mark the beginning of the end for the crypto revolution? Join…