Sanctioning Russia is vital in defense of a peaceful world. But it’s also exposing the big lie at the heart of the financial status quo. Source
Bitcoiners Were Right: Weaponized Finance Just Created a Post-Dollar Planet
Day: March 2, 2022
Lawmakers Raise Alarm on Crypto for Sanctions Evasion as Experts Cast Doubt
Still, lawmakers want assurances from Yellen that the Office of Foreign Assets Control (OFAC), which enforces U.S. sanctions rules, will be able to maintain the blocks against Russian banks and oligarchs. Wednesday’s letter asked Yellen and OFAC to provide responses to five questions about the agency’s work, including whether decentralized finance (DeFi) arrangements could help malicious actors bypass sanctions. Source
Bitcoin Taker Buy/Sell Volume Shows “Buy” Signal As BTC Gears Up For Rally
On-chain data shows the Bitcoin taker buy/sell volume is now showing a “buy” signal as the crypto looks to be gearing up for a new rally. Bitcoin Taker Buy/Sell Volume Says Now May Be The Time To Buy As pointed out by an analyst in a CryptoQuant post, the BTC taker buy volume recently reached a value that has historically been a green signal for the crypto. The “taker buy volume” is an indicator that measures the long volume of Bitcoin on derivatives exchanges. The metric works by checking orders…
Decentralising Bitcoin Mining with Whit Gibbs
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io SHOW NOTES: In this interview, I talk to the Founder and CEO of Compass Mining, Whit Gibbs, about their rapid success, the associated growing pains they’re overcoming, and the technical details of connecting retail mining with physical hardware and power markets. THIS EPISODE’S SPONSORS: Gemini – BlockFi – Sportsbet.io – Casa – Exodus – Ledger – Compass Mining – TIMESTAMPS: 00:00:00 Introduction 00:11:58 Bring mining to the masses 00:22:00 Growing Pains 00:29:47 Moving to a Bitcoin standard 00:39:43 Mining with nuclear? 00:47:33…
Bitcoin Fades From Resistance; Support at $40K
Bitcoin (BTC) struggled to break above the $44K resistance level, although lower support at $40K could stabilize the current pullback. Stronger resistance is seen at $46K, although downside momentum could continue into the Asia trading day. Original
‘The People’s Network’ Is Growing Fast, but Would-Be Miners Are Getting Left Behind
According to a new class-action lawsuit filed against Parley Labs, a San Diego-based distributor of Helium mining “hotspots,” thousands of would-be miners have faced extensive shipping delays that have left them empty-handed for nearly a year, unable to mine Helium’s native token HNT – and, for many of them, unable to even receive a refund for their orders. Source
Technical Analysis: Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday – Market Updates Bitcoin News
Fantom was trading by almost 10% higher during Wednesday’s session, as the crypto market was marginally up. Despite this, there were a few notable bears, THETA being one of them and was down by as much as 5% earlier in the session. Biggest Gainers Fantom was one of Wednesday’s biggest bulls, and was up close to 10% earlier in today’s session, cementing its place as the world’s 30th largest cryptocurrency. Today’s rally in FTM/USD came as prices rose from the long-term support of $1.51, and look set to move towards…
US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
Federal Reserve Chair Pro Tempore Jerome Powell and some members of the U.S. House of Representatives called for congressional action on crypto in response to discussions about Russia potentially evading sanctions. In a Wednesday hearing of the House Financial Services Committee on “Monetary Policy and the State of the Economy,” California Representative Juan Vargas asked Powell if cryptocurrency could be a “way out” for Russia looking for financial transactions in the wake of the United States and European Union cutting the country off from the SWIFT payments network. The Fed…
Expectations Of Aggressive FED Drop, Here’s Why Bitcoin Could Rise To $50K
Bitcoin stumbles as it approaches the mid area around its current levels. As reported yesterday, there was a large number of asks orders at $45,000, and $48,000, which could continue to operate as resistance in the short term. Related Reading | TA: Why Ethereum Could Rally Further Above $3K At the time of writing, Bitcoin trades at $43,748 with a 2.1% loss in the last 24-hours and a 14.1% profit in the past 7 days. BTC with moderate gains on the daily chart. Source: BTCUSD Tradingview Market participants seem to…
BITCOIN PRICE & CRYPTOCURRENCY MARKET UPDATE!!! When Bottom???
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Here’s how I can help you… Courses One on one Coaching —– Greg is a serial entrepreneur, real estate developer, coach, and mentor. He has bought, developed and sold over $250 million in real estate, built and renovated hundreds of custom homes and commercial buildings, developed residential and mixed-use subdivisions and started 12 different companies from the ground up. Greg currently mentors some of the top entrepreneurs, real estate investors and real estate developers in the country helping them grow and scale…