‘Something sure feels like it’s about to break’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance? The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that has not happened since June 2020. As cold feet over the macro market outlook continues to be the norm, there seems little to comfort bulls as the week gets underway — and Bitcoin is not done selling off yet. On the back of $4,000 in losses over the past four days alone, price targets now focus…

SEC, Ripple Agree To Extend Legal Battle Until 2023; XRP Bears The Brunt Of Case

Executives of Ripple Labs and the US Securities and Exchange Commission have agreed to prolong the timeline of their lawsuit and postpone court proceedings until the end of 2022, implying that their legal standoff would likely last well into next year. Both parties jointly requested the extension in a letter to Judge Sarah Netburn, who has been presiding over the case. Judge Netburn granted approval of the revised schedule. Suggested Reading | Ripple Welcomes More Than 4,000 Artists Into Its New NFT Platform How Case Vs. Ripple Began Between 2013…

Samsung Participates in Series A Round That Raised $25 Million for a Metaverse Startup – Metaverse Bitcoin News

A Korean metaverse startup, Doubleme, is said to have raised $25 million in a Series A round that saw the leading South Korean electronics manufacturer Samsung Electronics take part. Capital Raised to Fund Marketing Efforts The South Korean electronics and smartphone maker Samsung is reported to have participated in Series A funding which raised $25 million for a Korea-based metaverse startup, Doubleme. The round was led by Coentry Investment and NH Investment. According to a Techinasia report, the startup, which was founded in 2015 by Albert Kim, Michael Kuczynski, and…

SkyBridge goes all in on crypto, betting on ‘tremendous growth’ ahead

SkyBridge Capital is working on pivoting the majority of its assets under management (AUM) to digital assets, as the sector represents “tremendous growth” for the firm. The hedge fund was founded by former United States politician Anthony Scaramucci in 2005 and first delved into Bitcoin (BTC) in late 2020. The firm also has money deployed in other hedge funds, late-stage private tech companies and real estate, with its total AUM reported being around $7.3 billion. Skybridge now manages a $7 million Bitcoin Fund among others, and has been actively working to…

BITCOIN : C'EST L'HEURE ?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Projet Instant : ►Site web : ►Telegram groupe FR : ✅ Mes bons plans ! ► ✅ Rejoins ma formation et tu auras un coaching personnalisé ! ————— ► 🔔 Rejoins moi sur Instagram ! ————— ► 🔔 Rejoins moi sur Twitter ! @AlanTradingYT ————— ► 🔔 ABONNE-TOI ! (merci) ————— ► 📨 ENVIE DE COLLABORER ? CONTACTEZ-MOI alanprocontact@gmail.com ————— ► ✅ Mes bons plans ! ✅ FTX : Bénéficiez d’une remise de 5% à vie sur les frais de trading !…

Getting Shibby with it: SHIB burning portal launches

Popular memecoin project Shiba Inu (SHIB) has launched a SHIB Burn Portal to decrease token supply and enable users to earn passive rewards while doing so. The Shiba Inu team stated on the portal website that it was created explicitly to increase scarcity of SHIB and make it “one of the best digital assets in the history of cryptocurrencies.” The portal was created as part of a partnership between Shiba Inu and the Ryoshi’s Vision (RYOSHI), which is an Ethereum-based decentralized finance (DeFi) project that aims to support the growth…

Tự do Tài chính #14: Chứng khoán hay blockchain? | MONEYTalk | VTV24

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Tuần qua là một tuần đầy biến động của giới đầu tư. Người đầu tư chứng khoán thì lo lắng trước những biến động của thị trường khi VN-Index trồi sụt khó lường. Còn người đầu tư tiền số thì cũng không khỏi lo ngại vì vụ hack mà CoinDesk gọi đây vụ hack lớn nhất trong lịch sử DeFi. Quan điểm của nhà đầu tư về chứng khoán và blockchain? Cơ hội từ chứng khoán hay blockchain rõ nét hơn? #moneytalk…

Bank of Russia to Pilot Digital Ruble Settlements in 2023 – Finance Bitcoin News

Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions. Russia to Trial Digital Ruble in Settlements, International Payments The full launch of the digital ruble, Russia’s central bank digital currency (CBDC), should take place before 2030, according to the approved Financial Market Development Strategy of the Ministry of Finance. However, the Central Bank of Russia (CBR) plans to…

Decentralization ‘absolutely essential’ in building crypto capital markets

If crypto capital markets have a chance of becoming an institutional reality, decentralization will be one of the key aspects according to one industry insider. Capital markets bring suppliers and those in need of capital together to initiate supposedly efficient transactions. Investments or savings are often funneled between suppliers of funds like banks and those who need capital like businesses, governments and individuals. Co-founder of crypto financial service provider VegaX Holdings Sang Lee told Cointelegraph today that incumbent financial institutions have simply been left behind by the rapid pace of…

Ethereum At Clear Risk of More Losses Below $2,800

Ethereum started a sharp decline from $3,000 against the US Dollar. ETH is struggling below $2,900 and might slide below the $2,800 level in the near term. Ethereum started a major decline after there was a clear move below $3,000. The price is now trading above $2,900 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,935 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,840 support to avoid more downsides in the…