Day: May 9, 2022

Credibility Concerns — Gallop Poll Shows Fed Chair’s Confidence Ratings Slid by Double Digits – News Bitcoin News

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According to a Gallop poll published on May 2, the public’s confidence in America’s current economic leaders has been deteriorating. Confidence in U.S. president Joe Biden managing the U.S. economy has dropped from 57% to 40%, and faith in Federal Reserve chair Jerome Powell has faltered from 55% to 43%. The April 2022 Gallop poll, published amid the highest inflationary pressure the country has seen in decades, indicates trust in economic leaders is at its lowest point since 2008. Americans Are Not Confident in Current Leaders Managing the Economy After…

Bitcoin Downtrend Intact, Why The Bears Might Aim $32K

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Bitcoin started a strong decline below the $37,500 support against the US Dollar. BTC even traded below $35,000 and might continue to move down towards $32,000. Bitcoin started a strong decline below the $36,500 and $35,500 levels. The price is now trading below $35,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $34,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might accelerate further lower below the $33,500 support zone in the near term.…

Accounting for Cryptocurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Did you know MicroStrategy has $3 billion of Bitcoin? And Tesla bought $1.5 billion of Bitcoin. • But U.S. GAAP doesn’t currently address cryptocurrency • So how do companies account for cryptocurrency? Here’s what we know: Cryptocurrencies aren’t considered cash because: • They’re a poor store of value (too volatile) • Not widely accepted as a medium of exchange • Not backed by a sovereign government Cryptocurrencies aren’t considered inventory either. • They’re usually acquired for purposes of speculation • But even…

Bitcoin fundamentals are as strong as ever: Chamber of Digital Commerce president

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Perianne Boring, founder and president of the Chamber of Digital Commerce, joins CNBC’s ‘Squawk Box’ to discuss bitcoin and cryptocurrency markets. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep,…

Crypto.com CRO Coin Price News Today – Cronos Technical Analysis Update Now and Price Prediction!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto.com CRO Coin Price News Today – Technical Analysis Update Now, Price Update and Prediction! In this video I talk about a technical analysis of the CRO crypto.com Cronos price and I talk about some important price moves that are happening right now! CRO Price Prediction! Very important: – please do not reply to anyone with the MCO logo in the YouTube comments who sends you a Whatsapp number. This is scam! – please do not join any other MCO Telegram channel…

SEC Halts $62 Million Crypto Mining, Trading Scheme — DOJ Indicts Founder – Regulation Bitcoin News

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The U.S. Securities and Exchange Commission (SEC) has halted a $62 million global cryptocurrency trading and mining scheme and the Department of Justice (DOJ) has indicted its CEO and founder. If convicted of all counts, he faces a maximum total penalty of 45 years in prison, the Justice Department. SEC Halts $62M Global Cryptocurrency Fraud Scheme The US Securities and Exchange Commission (SEC) announced Friday that it has halted a fraudulent crypto mining and trading scheme. The SEC charged MCC International (aka Mining Capital Coin), its founders (Luiz Carlos Capuci…

Bitcoin म्हणजे काय ? | What Is Bitcoin In Marathi | How To Invest In Bitcoin ?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CoinSwitch Kuber Download link Cryptocurrency म्हणजे काय ? : Yes, investing in CoinSwitch is safe and secure. CoinSwitch is India’s largest cryptocurrency exchange platform. You can start investing in CoinSwitch with as Low as 100 Rupees. CoinSwitch doesn’t charge any brokerage. Completing KYC in CoinSwitch is very simple. So what are you waiting for? Download CoinSwitch Kuber and start your crypto investment journey now! #BitcoinIndia #CryptocurrencyIndia #investment #Finance #CryptoMarket #CoinSwitchKuber #KuchTohBadlega ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

The pros and cons of staking cryptocurrency

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As a suitable option for long-term crypto token holders, staking pools offer the promise of earning yields in addition to the capital gains earned through token value appreciation. One can invest in a stake pool with a fraction of the number of tokens required to become a validator on a PoS blockchain, while the staking pool rewards users on a daily, weekly or quarterly basis, depending on the cryptocurrency being staked. For example, investors can stake their ETH tokens in a staking pool on Coinbase for daily rewards and with…