Day: May 13, 2022

Bitcoin Oversold, Resistance at $33K-$35K

CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal

FTX Crypto Exchange CEO Sam Bankman-Fried Purchases Substantial Stake in Trading App Giant Robinhood

boss

The CEO of crypto exchange platform FTX is purchasing a considerable position in Robinhood after the trading giant’s stock hit an all-time low. According to a disclosure filing to the U.S. Securities and Exchange Commission (SEC), Sam Bankman-Fried bought 56.27 million shares of the company for about $650 million after the stock hit an all-time low of $7.71. The stock has since recovered and is changing hands at $10.74 at time of writing. Bankman-Fried’s purchase sees him owning 7.6% of the popular securities trading network. In the SEC document, Bankman-Fried…

FREE BITCOIN MINING WEBSITE 2022 – 1.4 BTC In 45 Minutes (NO INVESTMENT NEEDED)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Welcome to Smart Money Plus, I will be dropping videos on the daily and showing you step-by-step tutorials on how you can also have an online business, side hustle, smart investment opportunity, and or ways to generate online passive income with cryptocurrencies, all within the comfort of your own home, a laptop, and the power of the internet. How to mine 1.4 bitcoin in just 45 minutes! In this video, we show the top bitcoin mining sites for 2022, and no investment…

Crypto donations fund ATVs and gas masks for Ukrainian military

boss

Ukrainian officials have used funds from the crypto donation platform launched by the government to purchase supplies for the country’s military amid its ongoing war with Russia. In a Friday tweet, Ukraine’s minister of digital transformation, Mykhailo Fedorov, announced that the country had purchased five all-terrain vehicles, which “will come in handy for a challenging environment” — possibly referring to conditions near the front lines with Russia or where roads have been damaged or destroyed. Funds for three of the ATVs originated from Aid for Ukraine, a platform the government…

Do Kwon proposes Terra revival, including token redistribution plan

boss

Terraform Labs co-founder Do Kwon has tabled a proposal to preserve the Terra ecosystem following the historic depegging of its algorithmic stablecoin, UST, and the resulting death spiral that plunged Terra (LUNA) tokens to practically zero.  In a Friday post on Terra’s research forum, Kwon said, “The Terra community must reconstitute the chain to preserve the community and the developer ecosystem.” His proposal, which was in response to validator groups discussing the possibility of forking the Terra chain, involves compensating UST and LUNA holders who were unable or unwilling to…

Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg – Defi Bitcoin News

boss

On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One specific defi protocol called Lido, a liquid staking platform and the second largest defi application in terms of TVL size today, has lost significant value losing 49.66% during the past week. Curve’s stETH:ETH Peg Skews, Lido Adds New Pool With Liquidity Incentives While being exposed to the Terra blockchain blunder, Lido’s bonded ethereum tokens have…

The Value of El Salvador’s Bitcoin Holdings Drops by $40B Due to the Ongoing Crypto Market Pullback

boss

Summary: El Salvador’s Bitcoin holdings have lost value by roughly $40 million This amount is almost equal to El Salvador’s next coupon payment on its debt for the month of June, worth $38.5 million However, President Bukele has an 85% approval rating President Bukele also shared plans for the country’s Bitcoin City El Salvador’s Bitcoin holdings have been hard hit by the ongoing crypto market pullback that has seen Bitcoin lose several support zones in one week, from $38k to the local low of $26,700 set yesterday, May 12th. According…