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Day: May 6, 2022
Ethereum Takes Hit, Why ETH Could Plunge Below $2,700
Ethereum started a major decline from the $2,970 zone against the US Dollar. ETH dived below $2,800 and might accelerate lower below the $2,700 support. Ethereum started a major decline after it failed to surpass $2,970. The price is now trading below $2,800 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $2,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline further if there is a close below the $2,700 support zone. Ethereum…
Argentina’s central bank steps in to block new crypto offerings from banks
The central bank of Argentina (BCRA) has put the kibosh on financial institutions offering crypto trading only days after two of the country’s largest banks signaled they were opening up to digital assets. On May 5 the BCRA said the move was to mitigate the risks crypto poses to users and “to the financial system as a whole” citing crypto’s high volatility, use in money laundering and absence of regulatory safeguards. The news came hot on the heels of an announcement on Monday from two of the countries largest banks,…
Ice Cube backs DOGE and an ‘incredible and historical’ transaction
Iconic rapper Ice Cube — also known as O’Shea Jackson Sr — has jumped on the Dogecoin bandwagon with his endorsement of an “incredible and historical” DOGE transaction. Cube’s entry into the wild world of Dogecoin is related to the BIG3 basketball league that he co-founded. The organization predominantly features former NBA stars in a three-on-three format as opposed to the regular five-on-five basketball games. Last month the BIG3 launched a new ownership model for the league which consists of selling tokenized stakes in each of the 12 teams. There…
Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving – Bitcoin News
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network issuing over 19 million bitcoin and the hashrate reaching an all-time high three days ago on May 2. Block 735,000: Halfway to the Next Halving The Bitcoin network is getting closer to the next halving which is estimated to…
Cryptocurrency: क्या होगा क्रिप्टो का…सरकार जल्द लाएगी बिल! देखें क्या बोलीं Nirmala Sitharaman
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency In India: As the Indian crypto market awaits the introduction of the Cryptocurrency and Official Digital Currency Bill 2021, in Parliament’s Winter Session, Finance Minister Nirmala Sitharaman during the Question Hour in Rajya Sabha on Tuesday noted that the bill is awaiting clearance from the cabinet. See, everything the finance minister said around cryptocurrencies in Parliament. #Cryptocurrency #NirmalaSitharaman #AajTakHD #HindiNews #AajTak #aajtaklivetv #aajtakhindi #today_breaking_news #aajtak #Breaking #TopNews #LatestNews Aaj Tak HD| Hindi News | Aaj Tak Live | Aajtak HD News…
Senator’s Financial Freedom Act would ensure Bitcoin can be in your 401(k)
Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add cryptocurrency to their 401(k) retirement savings plan unencumbered by regulatory guidance. The new bill is Tuberville’s response to the Department of Labor’s (DOL) push to potentially keep crypto out of 401(k) investment plans due to its perceived potential for risk to investors. As reported by Cointelegraph, the DOL said employees who choose to invest in crypto through their 401(k) could attract legal attention. In an op-ed for CNBC…
Bitcoin 2022 Conference – Mining Stage – General Admission Day 1
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin 2022 Conference – Mining Stage – Mining Stage This content is supported by Bitdeer Group. The World’s Leading Crypto Mining Platform – 0:00:00 – Intro panel 0:47:16 – Bitcoin Governance: Users, Devs, and Miners 2:27:15 – Geopolitical Risks of Mining 3:12:13 – How to Further Decentralize the Hashrate 3:57:13 – Innovations in the Mine 4:42:11 – Stratum V2 Deep Dive #Bitcoin #Bitcoin2022 #Mining Use promocode FOMO for 10% off everything in our store! ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io…
Swan Bitcoin Benefit Plan Helps Companies Reward Employees in Crypto
Early customers of the financial services company’s program are providing monthly bitcoin bonuses of between $50 and $100. Source
Bitcoin Price Breakdown Looks Real, Why BTC Could Dive Below $35K
Bitcoin started a strong decline from the $40,000 resistance against the US Dollar. BTC broke the key $37,500 support to move into a bearish zone. Bitcoin started a strong decline below the $37,500 and $36,500 levels. The price is now trading below $37,500 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $39,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might accelerate further lower below the $35,000 support zone in the near…