Day: March 16, 2022

BITCOIN…. HISTORY IS REPEATING!

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SAND Surges on HSBC Partnership — MKR, WAVES Both Nearly 10% Higher – Market Updates Bitcoin News

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SAND was higher on Wednesday, as it was announced that HSBC was set to enter the Metaverse via The Sandbox. While up nearly 10% on the news, MKR and WAVES were also some of today’s leading gainers. The Sandbox (SAND) On Wednesday, it was confirmed that The Sandbox and the British financial institution HSBC agreed to a partnership that would see the bank enter the metaverse. The news saw the project’s native token SAND surge in today’s session, climbing by over 9% as of writing this, moving away from its…

Fed Raises Benchmark Interest Rate by 25 Basis Points

“I’d say that the market is not going to react to the rate hike but will likely react very sharply to anything said in the statement or more likely, the press conference, that indicates a change in the quantitative easing exit schedule or the start of quantitative tightening,“ said Bob Iaccino, chief strategist at Path Trading Partners and co-portfolio manager at Stock Think Tank. Source

What This Gold Pattern Could Hint For Bitcoin If FED Hikes Rates

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Bitcoin trades north of the $40,000 price mark with bullish momentum in the last 24 hours. Today, the U.S. Federal Reserve (FED) is expected to begin its monetary tightening policy. Related Reading | TA: Bitcoin Breaks $40K, Key Upside Break Suggests Trend Change The financial institution could raise interest rates hikes, and slowly pull liquidity from global markets. Bitcoin and risk-on assets, such as equities, are expected to turn bearish. So far, BTC’s price has failed to meet expectations. At the time of writing, Bitcoin trades at $40,416 with a 4%…

LeoFinance Founder Khal Kazi Discusses PolyCub and How DeFi and Web3 Can Change Your Life – Interview Bitcoin News

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The LeoFinance Team began it’s blockchain journey three years ago when they built the tokenized social app called LeoFinance.io, which became the backbone of a much bigger Web3 Ecosystem that has continuously evolved and expanded within the crypto world driven by two core values: creating opportunity for users and expanding the width and depth of the community.   Khaleel Kazi is the Founder of LeoFinance. Khal is a DeFi entrepreneur that is building and launching DeFi apps and innovating on the bleeding edge of the cryptocurrency space. He recently joined…

The cryptocurrency craze: Bitcoin, blockchain technology and the future of DeFi | The Business

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Kathryn Robinson presents a special from The Business looking at the cryptocurrency craze: what is it and where is it headed? Plus blockchain technology, the future of DeFi and whether the benefits outweigh the risk. Subscribe: Read more here: ABC News In-depth takes you deeper on the big stories, with long-form journalism from Four Corners, Foreign Correspondent, Australian Story, Planet America and more, and explainers from ABC News Video Lab. Watch more ABC News content ad-free on iview: For more from ABC…

Bitcoin Breaks Out Of $39K Idle Trend, But What Does $40K Hold?

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Bitcoin keeps fluttering in and out of the $40,000 price level. Keeping count of these breaks above $40K, there have now been a total of five since the year started. It is one thing to break above an important resistance level but it is another to hold above it, forming strong support. The latter has proven elusive for the digital asset, giving rise to the question of whether the cryptocurrency will actually be able to hold above it this time around. Bitcoin Ends Idle Streak Bitcoin has been on an…

British Investment Bank HSBC Joins Metaverse via Sandbox, Animoca Brands Partnership – Metaverse Bitcoin News

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The British multinational investment bank and financial services holding company, HSBC, has revealed it has partnered with the blockchain virtual gaming platform The Sandbox. According to the platform’s parent company, Animoca Brands, HSBC is the first global financial services provider to enter The Sandbox metaverse. HSBC Steps Into the Metaverse Over the last 12 months, The Sandbox has attracted a great number of businesses and celebrities to the blockchain virtual gaming platform. For instance, The Sandbox has enticed Snoop Dogg, Deadmau5, Atari, The Care Bears, The Smurfs, Gucci, Warner Music…