Day: May 6, 2022

Over 110,000 Traders Rekt As Crypto Market Sees $120B Shaved Off

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The crypto market recently saw a downturn that caused $120 billion to be taken off the total market cap in the space of a day. This obviously had caused panic across the market, triggering sell-offs from investors who were trying to save themselves from more losses. However, more than 110k traders would record hundreds of millions of dollars in losses as the downtrend had caused a cascading liquidation event. Traders Lose $430 Million The crypto market has recorded one of the largest liquidation events of 2022. On Thursday, the price…

Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?

Development within the Polkadot (DOT) ecosystem has been slowly unfolding over the past year and a half, and the work put in by developers is finally starting to bear fruit as parachain auctions finish and the first chains launch on the mainnet.  The next phase of interoperability within the ecosystem is set to kick off now that cross-chain functionality is about to go live. This next step will allow Polkadot-based parachains to communicate with each other and transfer assets between chains. After passing community vote, v0.9.19 has been enacted on…

10JAM DAPET 700RB | Cara Hasilkan Uang Di Internet Terbaru – Mining Bitcoin Juga Bisa !?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 10JAM TARIK 700RB | Cara Hasilkan Uang Di Internet Terbaru – Mining Bitcoin Juga Bisa !? semua pembahasan sudah saya bahas dan untuk detail aplikasinya ada di dalam videonya, simak sampai selesai supaya paham dan mengerti pembahasan nya. dan gunakan dana bebas, karena bisnis online ini sangat beresiko, jika link eror web sudah bangkrut daftar link ; 💥 Aplikasi Penghasil Saldo DANA Tercepat 2022. : 💥Website Penghasil Uang Tercepat Di Dunia : 💥Modal Hp Saja Dapat 120% = 104 Usd Perhari :…

Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June – Economics Bitcoin News

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While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point rate hike on Wednesday. Greenback Climbs Higher Amid Economic Uncertainty Before the U.S. central bank’s rate hike, the U.S. dollar tapped a two-year high and a 20-year high against the Japanese yen last week. Economic concerns are tied to the ongoing and strict Covid-19 lockdowns…

Grayscale’s GBTC and ETHE products now available on Robinhood

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Digital asset manager Grayscale has made its flagship Bitcoin (BTC) and Ether (ETH) products available on Robinhood, the popular trading app open to millions of retail users.  Beginning on Friday, Robinhood users will be able to trade Grayscale’s Bitcoin Trust (GBTC) and Ethereum Trust (ETHE) directly through the app. Shares of GBTC provide investors with direct exposure to Bitcoin in the form of a security without having to buy or store the digital asset directly. ETHE, meanwhile, operates as an open-end investment company whose shares reflect the value of Ether…

Robinhood lists Grayscale’s Bitcoin Trust (GBTC) and Ethereum Trust (ETHE)

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Summary: Robinhood has listed the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust (ETHE) Yesterday, Grayscale filed Form 10 registration statements with the SEC for Grayscale Horizen Trust, Grayscale Stellar Lumens Trust, and Grayscale Zcash Trust Grayscale is still optimistic that the SEC will approve the conversion of its Grayscale Bitcoin Trust to a spot Bitcoin ETF The popular trading platform of Robinhood has listed the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust (ETHE). News of the two investment products being available on the popular trading platform…

Report on publicly listed mining firms

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The Cointelegraph Research Terminal, the leading provider of premium databases and institutional-grade research on blockchain and digital assets, has added a new report to its expanding library. The latest paper looks at a particular group of players in the Bitcoin (BTC) mining industry. Published by crypto consulting firm Crypto Oxygen, the report highlights the current landscape of publicly listed crypto mining companies that control approximately 17% of the total hash rate of the entire Bitcoin network.  The crypto mining industry is a quickly growing and evolving sector. In January this…

Nvidia to pay $5.5M as part of SEC case concerning ‘inadequate disclosures’ around crypto mining

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The United States Securities and Exchange Commission, or SEC, has announced that it has settled charges against Nvidia — the company behind graphics cards used by many crypto miners — in regards to “inadequate disclosures.” In a Friday announcement, the SEC said that Nvidia failed to disclose that mining cryptocurrencies was “a significant element of its material revenue growth” based on sales of its graphics processing units, or GPUs, during the 2018 fiscal year. The company has agreed to pay a $5.5 million penalty and will be subject to a…

Bitcoin price heads under $36K as three-day losses near 12%

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Bitcoin (BTC) fell further on the May 6 Wall Street open amid a warning that the U.S. equities sell-off was “not over.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Novogratz: “We are not going to get a soft landing” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $35,268 on Bitstamp, bringing three-day losses alone to 11.9%. U.S. stocks, which had a seen a bloody May 5, were in no mood for a relief rally as the S&P 500 and Nasdaq 100 fell another 1% and 0.85%, respectively. “The Nasdaq…