Day: April 15, 2022

Stablecoins: Why This Hot Cryptocurrency Faces Challenges | WSJ

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin’s volatility has limited its adoption for payments, so entrepreneurs created stablecoins: cryptocurrencies pegged to assets such as the U.S. dollar. But the recent settlement of a probe into the most popular stablecoin, tether, shows the need for transparency in the growing industry. Photo illustration: Sharon Shi/WSJ More from the Wall Street Journal: Visit WSJ.com: Visit the WSJ Video Center: On Facebook: On Twitter: On Snapchat: #WSJ #Stablecoins #Bitcoin ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Is Bitcoin Headed For A Correction After Brief Recovery; Vital Trading Levels

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Bitcoin had finally broken past the $40,000 over the past 24 hours owing to Luna Foundation Guard’s (LFG) BTC buying spree. The price action was, however, dampened too soon as the coin after registering a hike of 7%, dipped by 4% at the time of writing. The 24-hour trading volume of Bitcoin also took a hit at the time of writing. Bitcoin’s fear index read 28 which corresponds with the fear sentiment, this reflected fear surrounding another crash for the king coin. It turns out that there hasn’t been much…

We’ll ‘vigorously pursue’ more BTC buys

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MicroStrategy CEO Michael Saylor has proclaimed to shareholders of his company that his firm intends to “vigorously pursue” its reserve assets strategy to buy and hold more Bitcoin. Saylor’s publicly traded company is the largest single-wallet holder of Bitcoin (BTC) in the world with 129,218 BTC according to wallet tracker Bitcoin Treasuries. Those coins are currently valued at about $5.1 billion. MicroStrategy bought 4,197 more coins on April 5. By comparison, Tesla, MicroStrategy’s runner-up in the hodling race, owns 43,200 BTC valued at about $1.7 billion. In MicroStrategy’s 2022 Proxy…

WATCH OUT FOR THE BITCOIN PUMP!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin rises due to geopolitical tension. Ethereum, Cardano, and Apecoin all pump due to good news. 🚨I Am George NFTs: ➡️Buy Bitcoin & Crypto with IRA/401k Tax-Free ($100 Bonus) ✅Buy Bitcoin, Crypto & NFTs on FTX US (10% Discount on Fees) 💰Earn 12.6% APY w/ Deposits and Trade w/ Vauld: 🦄The best DeFi ecosystem (Swaps/Farming) w/ 1inch: 🌐Best All-In-One Platform for Managing your Crypto & Defi w/ CoinStats Premium (55% Discount): 🌐CoinStats: 💳Blockfi Bitcoin Reward (1.5% Back in BTC) Credit Card: 💳Try…

Yes, Crypto Is Cool. But How About Starting With More User-Friendly Tools?

Indeed, even as public awareness about crypto mushrooms, and some of the world’s largest institutional investors launch their first projects to address demand for the asset, crypto has yet to approach parity with traditional currencies. Even in the United States, with its massive wealth and hubs of innovation, people rarely use crypto to pay rent, taxes or other common expenses. Relatively few retailers accept it. Source

‘Big Short’ Investor Michael Burry Says ‘the Fed Has No Intention of Fighting Inflation’ – Bitcoin News

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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that the Federal Reserve “has no intention of fighting inflation.” He added that the Fed’s “Serial half-point hikes are for getting elevation before stocks and the consumer tap out.” Michael Burry on Inflation and Fed’s Rate Hikes Famous investor and founder of investment firm Scion Asset Management, Michael Burry, shared his thoughts Thursday on the U.S. economy, inflation, and interest rate hikes. He is best known for being the first investor to foresee and profit from the…

IMPORTANT BITCOIN UPDATE!!! TECHNICAL ANALYSIS ON ALL CRYPTOS!!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io WHY IS BITCOIN DUMPING?! LETS DISCUSS!! Ask me anything, I trade for a living! Sign Up For A Free Webinar And Get Free Weekly Email Updates Here: ———————————————————————————————————- Join The Thriving Community Channels! ———————————————————————————————————- Telegram Discussion ~ Telegram Alerts ~ Discord ~ If you’d like to rent my Algos, Please message me on Telegram! Search up: @hamilton_bitcoinbeats Twitter for Intra-day Mini Update – #Bitcoin #Crypto #Altcoins WARNING: *I WILL NEVER PURSUE PROJECTS THROUGH TELEGRAM OR OTHER SOCIAL MEDIA OUTLETS. CONTACT MY EMAIL…