Day: April 23, 2022

Bitcoin Slips Below $40k After Hostile Statements From Fed

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Bitcoin, the flagship crypto slipped below $40K after the Federal Reserve Bank of the United States made hostile comments. Powell stated on Thursday that at the upcoming Federal Open Market Committee meeting, the Federal Reserve will consider raising the benchmark interest rate by 50 basis points (0.5 percentage point). Bitcoin Slips Below $40K It was just a few days ago that the leading cryptocurrency hit a high of about $43,000, its highest level in over 10 days. This was an especially surprising price given that the asset had fallen to…

MATIC Slips on Saturday, RUNE and LUNA Over 5% Lower – Market Updates Bitcoin News

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MATIC fell to its long-term support level on Saturday, following a surge in price during Friday’s session. This came as both RUNE and LUNA also dropped, and traded by as much as 5% lower to start the weekend. Polygon (MATIC) During what has been a bearish start to the weekend, MATIC was one of the biggest losers so far in Saturday’s session. MATIC, which traded at its long-term resistance level of $1.50 on Friday, fell all the way to its support point earlier today. As of writing, Saturday saw MATIC/USD…

How NFTs are revamping the ticketing industry

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The concept of nonfungible tokens (NFT) came into existence in 2015, and it first got some traction in 2017 when many prominent digital collectibles such as CryptoPunks and EtherRock were created.  NFTs got early traction among premier sports clubs but burst into mainstream popularity after digital artist Beeple’s artwork was sold as an NFT for over $69 million. The Beeple event caught the attention of the world and proved to be a breakout movement for the NFT ecosystem. Today, most of the mainstream household brands, premium sports and clothing brands,…

Další firmy kupují Bitcoin | Je Ethereum lepší investice? | Aplikace Clubhouse – CEx 26/01/2021

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 📰Zprávy: • 0:00 Intro a stream s Larrym Cermakem potvrzen • 1:59 Šarlatánská analýza BTC, ETH • 6:12 Ethereum bude hlavní aktivum pro investory v roce 2021? • 8:48 Cathie Wood říká… • 9:36 Další společnosti investují do Bitcoinu • 11:19 Některé firmy v panice prodávají • 12:54 NFT CryptoPunk se prodal za $762K • 16:32 Twitter – Lukáš Kovanda a Karel Fillner 💰Coinbase – $10 v Bitcoinu zdarma při nákupu nad $100: 🐼Bitpanda – €10 zdarma při nákupu nad €25: 💠Binance:…

Bitcoin’s Narrative as a Store of Value Gathers Momentum as Countries Reduce USD Allocation of their FX Reserves

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Quick take: The narrative of Bitcoin being a store of value is gathering momentum Countries are diversifying their foreign currency reserves away from the US Dollar The war in Ukraine could accelerate the de-dollarization of FX reserves as investors, corporate treasures, and possibly central banks look to Bitcoin as a store of value According to J.p. Morgan, the proportion of reserves allocated to USD assets has declined by 5% since 2018 Israel is the latest country to diversify away from the USD by increasing its allocation of the Chinese Yaun…

BTC Moves Below $40,000 on Saturday – Market Updates Bitcoin News

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Bitcoin fell below $40,000 to start the weekend, as crypto markets continued to be submerged by the latest red wave. ETH was also lower on Saturday, and remained in the red for a second consecutive session. Bitcoin BTC dropped below the $40,000 level to start the weekend, following a three-day losing streak which has pushed price close to multi-week lows. Following a peak of $40,524.76 on Friday, the world’s largest cryptocurrency fell to a low of $39,315.42 earlier today. This move is less than 48 hours removed from BTC/USD trading…

Bitcoin Follows US Stock Dive, Experts Predict $37,500 Price Level

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As Wall Street opened today, resuming April 21 market losses, Bitcoin faced selling pressure.  Bitcoin prices fell following the stock market plunge. As a result, many experts predict that the Bitcoin price will take a hit and can dive to $37,500 per coin. Related Reading | Is Bitcoin Gonna See Another Big Drop Soon? Historical Trend May Say Yes According to TradingView data, on April 22, the price of Bitcoin hit $39,197. Bitcoin trading below the significant support level of $40,000 | Source: BTC/USD chart from Tradingview.com The crypto market…

Coinbase Accidentally Revealed THIS Secret About Cardano (ADA)!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cardano ADA News Today Cardano ADA has been weathering a price storm of late. But the alt coin is making some exciting new progress too. ADA is constantly upgrading and providing a complete proof-of-stake network protocol to its users. The crypto coin’s unique multi-layer architecture enables investors to gain real-world value along with other distinct benefits. This is one reason why ADA is viewed by many enthusiasts and investors as a potential long-term investment. And now Coinbase Accidentally Revealed THIS Secret About…

Another 6 Members of Finiko Crypto Pyramid Arrested in Russia – Bitcoin News

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Russian law enforcement authorities have detained six more members and executives of the notorious crypto Ponzi scheme Finiko. Police in the Republic of Tatarstan and Russia proper have conducted dozens of searches as part of an ongoing investigation into the pyramid, which defrauded investors around the world. New Arrests in Finiko Case Made in Russian Federation The Russian Ministry of Internal Affairs, with the help of the National Guard of the Russian Federation, has taken into custody six participants and leaders of Finiko, Russia’s largest financial pyramid in recent decades.…

Why I Am BUYING TONS of VeChain – VeChain VET Cryptocurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Why I Am BUYING TONS of VeChain – VeChain VET Cryptocurrency @OVRTheReality – Official Group 🌏 www.ovr.ai — Official Group I think that this year has been bullish for almost every crypto while some unfortunate ones are yet to get exposure. But this time suddenly new crypto has appeared out of the shadows which showcased great potential and are now climbing up the ladders. Curious? Wanna know what crypto is? Then stay with us till the end of the video and you…