Bitcoin (BTC) and other cryptos extended gains into Friday, although some traders expect rallies to fade amid geopolitical uncertainty. Altcoins led the way higher, which could point to bullish sentiment over the short-term. Source
Stablecoins used to be a sort of taboo subject in the crypto community after it became common practice to criticize Tetherโs reserve backing. Are you really a seasoned crypto investor if you havenโt gone down the Tether (USDT) rabbit hole? Some of those concerns were finally quelled in May 2021 when Tether passed an assurance test by disclosing its reserves for the first time. For some onlookers, the reserve breakdown created more questions than answers due to the stablecoin issuerโs oversized exposure to commercial paper. The stablecoin market has grown…
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io ๋ง์นจ๋ด ๋ธ๋ก์ฒด์ธ ์ ๋๋ก ์ดํดํ๊ธฐ…! / ๐ Typescript๋ก ๋ธ๋ก์ฒด์ธ ๋ง๋ค๊ธฐ (๋ฌด๋ฃ) – ๐ Go๋ก ์ํธํํ ๋ง๋ค๊ธฐ โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Youtube version
Rising alongside Bitcoin are equity markets, with the Nasdaq higher by 4% from its worst levels on Thursday morning. Source
The parliament of the European Union is delaying a vote on a framework aimed at regulating cryptocurrencies amid concerns over proof-of-work mining. In a Friday Twitter thread, European Parliament economics committee member Stefan Berger said the government body had canceled a vote on the Markets in Crypto Assets, or MiCA, framework scheduled to take place on Monday. Berger said parliament needed to clarify โthe question of proof-of-workโ in discussions with stakeholders to ensure a proper legal framework, adding that some might misinterpret the proposal as a ban on crypto. โThe…
Wu announced her departure on Twitter after just over a year at Coinbaseโs venture arm. Source
If it were cut off, Russia could also transfer some international financial activity to crypto networks. According to Banco Santander, Russiaโs import/export flows total around $570 billion annually, a volume that could be accommodated with relative ease on the Bitcoin network. According to CoinDesk data, Bitcoin processes $20 billion in on-chain transactions per day, or more than $7 trillion per year. (Total cross-border capital flows from Russia, including finance in addition to trade, are considerably larger.) Source
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io ๐ฅ BYBIT – ๐ WIN 1 ETH, 1 BTC + $4,100 BONUS ON DEPOSIT!! THE ETHEREUM PRICE TODAY WE SEE ETHEREUM AT THE LAST KEY. WE ARE SEEI NF CRYPTO CRASHING AND SELL ORDERS COMING IN. THE SUPPORT LEVEL, WE LOOK AT IF YOU SHOULD BUY ETH RIGHT NOW, WAIT OR WILL ETHEREUM GO DOWN MORE!? I AM SPEECHLESS!!!!!! / ETHEREUM AT LAST KEY LEVEL BEFORE MASS!! SELL-OFF!!!! {ETH PREDICTION} We are currently seeing the ethereum price crash or at least an…
Bitcoin (BTC) price traded down 23% in the eight days following its failure to break the $45,000 resistance on Feb. 16. The $34,300 bottom on Feb. 24 happened right after the Russian-Ukraine conflict escalated, triggering a sharp sell-off in risk assets. While Bitcoin reached its lowest level in 30 days, Asian stocks were also adjusting to the worsening conditions, a fact evidenced by Hong Kong’s Hang Seng index dropping 3.5% and the Nikkei also reached a 15-month low. Bitcoin/USD at FTX. Source: TradingView The first question one needs to answer…
Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out of 12 different NFT-supporting blockchains, Solana was the only gainer, in terms of NFT sales during the past week. NFT Sales Slip Lower Following Last Weekโs Lackluster Market Action While cryptocurrency markets have faced extreme volatility during the last two weeks, NFT sales, in general, have felt the wrath of the storm. On February 16, Bitcoin.com News reported on sales…