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Day: April 9, 2022
Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates – Finance Bitcoin News
Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF Benchmarks are typically leveraged by exchange-traded products and other investment vehicles. 11 Crypto Assets Get Reference Rate Treatment From CME Group and CF Benchmarks CME Group is adding 11 more cryptocurrencies to the firm’s existing bitcoin and ethereum reference rates. Crypto reference rates like the CME CF Reference Rates are often used as a benchmark for exchange-traded funds (ETFs) and…
Kyber Network (KNC) soars after integrating with Uniswap v3 and Avalanche Rush Phase 2
The outlook for projects in the decentralized finance (DeFi) sector has begun to improve in recent months as a combination of global events have highlighted the benefits of holding funds outside of the traditional financial systems. One project that has rallied over the past few months is Kyber Network (KNC), a multi-chain cryptocurrency trading and liquidity hub that aims to offer users the best trading rates. Data from Cointelegraph Markets Pro and TradingView shows that after bouncing off a low of $2.83 on April 6, the price of KNC jumped…
🟢BREAKING: Crypto Payment may be banned | Cryptocurrency Bill India Latest news | Bitcoin next move
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🟢BREAKING: Crypto Payment may be banned | Cryptocurrency Bill India Latest news | Bitcoin next move Source: Join Telegram Channel For Latest calls/signals on crypto: Trade on India’s Most Active exchange: Trade on & Connect Wazirx with Binance: For more Info watch complete video and let us know your opinion in Comments. All Wazirx Related Answers in this video: Let me know about your opinions in comments ——————————————————- FREE DMAT A/c( Free Trading): Trade on India’s Most Active exchange: Crypto Mining on…
Bitcoin mining and its environmental costs
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The opportunity to make big money in cryptocurrency is attracting huge investments to industrial-scale bitcoin mining, with thousands of supercomputers and an enormous energy demand, so much so that some companies are using power plants to fuel their operations ��� which may create real-world concerns for the environment. CBS News meteorologist and climate specialist Jeff Berardelli reports. ���CBS Saturday Morning��� co-hosts Jeff Glor, Michelle Miller and Dana Jacobson deliver two hours of original reporting and breaking news, as well as profiles of…
Former Citi Digital Asset Execs Launch Crypto-Focused Fund
For an income-focused strategy, Motus sees a “mismatch” between funding digital assets versus traditional finance. “Global banks have so much cash they pay zero or less for deposits. Meanwhile, the stablecoin market cap has quintupled since 2021, and investors still command high-single to double-digit returns for dollars or dollar-pegged assets.” Thus, an opportunity presents itself, Cavallo saodd. Source
CEEK VR gains 100%+ as push toward virtual reality and Metaverse development intensifies
Nonfungible tokens (NFTs), decentralized finance (DeFi) and the Metaverse are three of the hottest trending topics in the cryptocurrency ecosystem and each is helping the world slowly move toward the mass adoption of blockchain technology. One project looking to capitalize on these trends is CEEK VR (CEEK), a entertainment and creator-focused platform aiming to use virtual worlds to connect music artists, athletes and digital content creators with their fans. Data from Cointelegraph Markets Pro and TradingView shows that since trading at a low of $0.289 on March 15, the price…
Build Your First Mining Rig for $500 | Beginners Guide to Crypto Mining Rigs
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In today’s video we are starting off a 3 Part Youtube Series on Building Your First Mining Rig for $500. This video and upcoming series is dedicated community members just stepping into the Crypto Mining Space. This video is a great Begineers Guide to CryptoMining Rigs. Loads of Beginners are excited to get into Mining CryptoCurrency from Home, but not sure how or where to get started. In this video we go through a $500 Single Graphics Card GPU Mining Rig Build…
New York Senate Authorizes NYDFS to 'Assess' Crypto Companies
The New York State Senate is boosting the state’s Department of Financial Services (NYDFS) efforts to oversee the cryptocurrency sector. The Senate passed its fiscal year 2023 budget early Saturday, which included a provision tasking NYDFS with developing a new “assessment” or charge for the cryptocurrency companies it oversees to bring its oversight mandate in virtual currencies in line with how the regulator oversees more traditional banks and financial services firms. Source
The Eerie Similarities of Today’s Great Monetary Shift and the Panic-Led Creation of the Federal Reserve System – Featured Bitcoin News
While many Americans believe the U.S. Federal Reserve is the caretaker of the country’s monetary system, its also believed to be one of the worst financial institutions ever created. In 2022, amid a gloomy economy, war, and a number of global crises, the possibility of a great monetary shift has increased. The preceding years filled with panic, are very similar to the years that led to the creation of the Federal Reserve System. The Panics That Led to the Last Transition of Wealth May Help Us Understand Today’s Monetary Transformation…