Day: May 5, 2022

Descending channel pattern and weak futures data continue to constrain Ethereum price

Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over the past four days was just enough to get the altcoin to test the patternโ€™s $2,870 resistance. Ether/USD price at FTX. Source: TradingView Federal Reserve monetary policy continues to be a major influence on crypto prices and this weekโ€™s volatility is most likely connected to comments from the FOMC. On May 4, the United States Federal Reserve raised its benchmark overnight interest rate by half…

Luna Foundation Acquires $1.4 Billion in Bitcoin, Decentralized Reserve Stash Rises to 80,394 BTC โ€“ Bitcoin News

boss

According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now holds 80,394 bitcoin in its reserves currently worth just under $3 billion using todayโ€™s exchange rates. Luna Foundation Guard Scoops up 37,863 Bitcoin On May 5, 2022, the Luna Foundation Guard reported that it purchased 37,863 bitcoin (BTC), worth a touch over $1.4 billion at the time of writing. LFG, the non-profit based out of Singapore aims to have $10…

CFTC commissioner appoints crypto-experienced CME Group director as chief counsel

boss

Kristin Johnson, one of five commissioners currently serving at the United States Commodity Futures Trading Commission, or CFTC, has announced that a CME Group executive director with experience in crypto will be joining her staff. In a Thursday announcement, Johnson said Bruce Fekrat will be her chief counsel at the CFTC starting on June 1. Fekrat worked as an executive director and associate general counsel at the CME Group for more than eight years, where he was lead regulatory counsel for issues including digital assets. During his time at the…

low investment coins in #cryptocurrency in #telugu | Part -2 |#bitcoin #shiba #wink.

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io low investment coins in #cryptocurrency in #telugu | #bitcoin #shiba #wink FOR COLLABORATION MAIL ME. factsbysubbu@gmail.com top 10 cryptocurrency video link : Which is best Exchange app for #Cryptocurrency in #Telugu |#shiba #bitcoin #crypto WazriX link : ๐Ÿ’ฌInstagram Id : Facts by subbu ๐Ÿ’Œ Telegram link .: #wazrix #coinswitch #zebpay #coindcx #binance #bitcoin #shiba #wink #etherium #telugu bitcoin in telugu, paxful buy bitcoin in telugu, free bitcoin in telugu, bitcoin trading in telugu, bitcoin mining in telugu, bitcoin business in telugu, bitcoin…

ETC Climbs to 1-Week High, as AXS Moves Away From 10-Month Low โ€“ Market Updates Bitcoin News

boss

During a volatile day of trading, ethereum classic rose to a one-week high earlier in the session, before falling victim to a red wave. AXS also rose today, climbing by over 12% in the day, however, a bearish wave pushed prices lower as the day progressed. Ethereum Classic (ETC) ETC climbed to a one-week high earlier in Thursdayโ€™s session, when bulls were still buoyed by yesterdayโ€™s Fed decision. However, as the day progressed, these bulls turned to bears, as the magnitude of the current inflationary landscape continued to spark market…

Cardano Prepares For Update, Will It Be Enough To Push Bears Back?

boss

The Cardano network is preparing for its upcoming Hard Fork Combinator (HFC) event โ€œVasilโ€. The cryptocurrency has been undergoing several updates and optimizations but continues to follow the general market sentiment. Related Reading |ย ADA On Discount? Cardano Whales Go On $200M Shopping Spree In fact, Cardano (ADA) price has been trending downside since the end of 2021 when it broke below $2 and has continued in that direction as larger cryptocurrencies re-test critical support levels. At the time of writing, ADAโ€™s price trades at $0.80 with a 5% loss in…