Month: April 2022

Bitcoin sets up lowest weekly close since early March as 4th red candle looms

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Bitcoin (BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls.ย  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance bids slowly thin below spot Data from Cointelegraph Markets Pro and TradingViewย showed BTC/USD failing to retake the $40,000 mark after losing it before the weekend. As traders braced for classic volatility into the weekly close, Bitcoin looked decidedly unappetizing. At $39,500 on Bitstamp, the spot price at the time of writing would constitute the lowest weekly close since the week of…

But Exchanges, What Low Volumes You Have!

On the surface, low trade volumes seem inauspicious, especially considering the last time they were this low was when bitcoinโ€™s price dipped below $30,000. However, if we zoom out a tad, this looks like nothing out of the ordinary. It looks like the cyclical nature of markets and not some sort of mass exit from the market. A mass exit would, for the record, require a jump in volume as those participants unload their positions. Right now, Iโ€™m not worried. Maybe Iโ€™ll start worrying if exchange volumes fall even more.…

6 Questions for Lili Zhao of Neo โ€“ Cointelegraph Magazine

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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industryโ€ฆ and throw in a few random zingers to keep them on their toes! ย  This week, our 6 Questions go to Lili Zhao, director of ecosystem growth at Neo โ€” an open-source blockchain development platform. ย  The A to Z of Lili Zhao: Authenticity โ€” easier said than done Blockchain advocate Community โ€” Neo has the best! DAO โ€” fascinating! Economics โ€” interests me much more now than when I was studying it at…

Russia-Ukraine Crisis Puts Cryptocurrency in Spotlight

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io The tech industry is responding to Russiaโ€™s invasion of Ukraine. Scott Budman reports. Stay connected: Follow us on Twitter: Like us on Facebook: Follow us on Instagram: Follow us on TikTok: Catch up on all the day’s news: Download our mobile app: On iOS: On Android: Watch us on OTT: Add our channel on Roku: Download our app on Amazon Fire TV: โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Looking to take out a crypto loan? Hereโ€™s what you need to know

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Loans based on cryptocurrencies have become a mainstay of the decentralized finance (DeFi) universe ever since the smart contract-based lending/borrowing platforms began offering the service to crypto users. The Ethereum network, the first blockchain that scaled the smart contract functionality, sees most of the total value locked (TVL) on DeFi protocols dominated by cryptocurrency lending platforms. According to data from DeFi Pulse, the top 4 of 10 DeFi protocols are lending protocols that account for $37.04 billion in TVL, just 49% of TVL of the entire DeFi market on the…

Jack Dorsey Muses on Social Media ‘Takeover,’ Ethereum Weaknesses; Plus the Latest in Crypto Mining โ€” Bitcoin.com News Week in Review โ€“ The Weekly Bitcoin News

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Former Twitter CEO Jack Dorsey ponders Ethereumโ€™s โ€œsingle points of failureโ€ and whether one man should be able to control an entire social media network, while Bitcoin.com News gives you the latest scoop in the world of ETH and BTC mining rigs. To top it all off, one economist predicts that the U.S. central bankโ€™s response to the nasty inflation being seen could actually be good for crypto prices. Hereโ€™s your bite-sized digest of this weekโ€™s hottest crypto news: The Bitcoin.com News Week in Review. Jack Dorsey on Ethereumโ€™s โ€˜Single…

What They're NOT TELLING YOU About This Bitcoin DUMP! (be ready!)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Get Your FREE Indicator Now What They’re NOT TELLING YOU About This Bitcoin DUMP! (be ready!) Watch Our Popular Videos now! When To Sell Cryptocurrency – 3 Simple Steps (Taking Profit) ETHEREUM REALISTIC PRICE PREDICTION XRP REALISTIC PRICE PREDICTION: When To Buy Cryptocurrency – 3 Simple Steps (Maximize Profit) TOP 5 ALTCOINS IN MARCH 0:00 Intro 0:46 Price Action 3:38 NVT + HV 4:10 RSI & Stochastic RSI 6:59 Summary 8:01 Outro ๐Ÿ”ฅOur NEW Redesigned Courses โฌ…๏ธ(DONT MISS OUT) Want a FREE…

URGENT BITCOIN UPDATE!!! YOU MUST SEE THIS ANALYSIS!!!

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Latam Is a Hotbed of Opportunities for Crypto Companies, According to Ripple โ€“ Bitcoin News

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Ripple, the cryptocurrency and payments company, has issued an article examining the opportunities that Latam brings for crypto companies as its regulated payments rails come to crypto. While the region faces some obstacles due to its economic traits and the dominance of centralized banks, the organization believes there is a lucrative opening for companies partnering with these banks to bring crypto to the masses. Ripple Spots Opportunities in Latam Ripple, the banking payments, remittances, and cryptocurrency company, believes that Latam could be a hotspot of opportunities for crypto companies in…

Why we must fight for a decentralized future

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If youโ€™re into cryptocurrency or blockchain, thereโ€™s a good chance I donโ€™t have to spell out the benefits of decentralization. Youโ€™re a first-generation user of a technology that will increasingly define the future of the internet, and you have front-row seats to the world premiere of Web3. The internetโ€™s use and control were always as centralized as we see now. In the early days, under the stewardship of the United States Department of Defense, the network needed not to rely on one core computer. What if a terrorist attack or…