Three crypto ETFs went live in Australia as bitcoin struggles to turn the tide following a devastating move to the downside. Source
Day: May 12, 2022
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions โ Mining Bitcoin News
Russiaโs Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects US Accusations as Unfounded, Sees No Legal Ground for Sanctions Leading Russian mining enterprise Bitriver is considering filing a lawsuit against the U.S. Treasury Department, which recently designated the Swiss-registered company and a number of affiliated entities in a new round of sanctions against Russian businesses and…
Weekend Update: Financial Expert Lloyd Ostertag on Cryptocurrency – SNL
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Financial Expert Lloyd Ostertag (Elon Musk) stops by Weekend Update to discuss cryptocurrencies such as Dogecoin. Saturday Night Live. Stream now on Peacock: Subscribe to SNL: Stream Current Full Episodes: WATCH PAST SNL SEASONS Google Play – iTunes – SNL ON SOCIAL SNL Instagram: SNL Facebook: SNL Twitter: SNL TikTok: GET MORE NBC Like NBC: Follow NBC: NBC Tumblr: YouTube: NBC Instagram: #SNL #ElonMusk #MileyCyrus #SNL46 โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Youtube version
How to Get Fit and Earn Crypto with MoveZ
Tokenomics emerged as a popular concept in the crypto space in 2017 as a way to incentivize certain behaviors on blockchains through the use of tokens. The idea is that by aligning the economic incentives of a project with its users, you can more effectively drive adoption and usage. One area where tokenomics have been applied is in the realm of fitness and exercise. The theory goes that if you can reward people for getting in shape and staying active, you can help address the global obesity epidemic. Recent years…
Tether Loses $1 Peg, Bitcoin Drops to 2020 Levels of near $24K
Weak sentiment around stablecoins may have contributed to USDTโs depegging this morning. Source
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Bitcoin (BTC) price falls below $27,000 as crypto sell-off intensifies
Bitcoin plunged further below the $30,000 mark as investors fled cryptocurrencies. Jaap Arriens | NurPhoto | Getty Images Bitcoin slumped below $27,000 Thursday for the first time in over 16 months, as cryptocurrency markets extended their losses amid fears over rising inflation and the collapse of a controversial stablecoin project. The price of bitcoin plunged as low as $26,595.52 Thursday morning, according to Bitstamp data. That marks the first time bitcoin has sunk below the $27,000 level since Dec. 30, 2020. As of 1:30 a.m. ET, bitcoin was trading at…
Bitcoin falls below $27K to December 2020 lows as Tether stablecoin peg slips under 99 cents
Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tether wobbles as UST stays under $0.60 Data from Cointelegraph Markets Pro and TradingViewย followed BTC/USD as it exited the range in which it had traded since the start of 2021. At the time of writing, the pair circled $26,700 on Bitstamp, marking its lowest since Dec 28, 2020. The weakness came as fallout from the Terra stablecoin meltdown continued to ricochet around…
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Ether Futures Lead $1.2B in Liquidations, Crypto Market Cap Drops 16% Overnight
Losses exceeded $1.2 billion in the past 24 hours, the highest so far this year. They came as major cryptocurrencies saw steep drops: Bitcoin fell 11%, BNB Chainโs BNB lost 26%, and Solanaโs SOL lost 37%. Terraโs LUNA fell out of the top ten cryptos by market capitalization to the 81st rank โ it fell 96% in the past 24 hours to under 40 cents. Source