Day: May 18, 2022

FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network – Bitcoin News

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Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However, he believes it might become “an asset, a commodity, and a store of value.” Sam Bankman-Fried on Bitcoin as a Payments Network FTX founder Sam Bankman-Fried has given his opinion about where bitcoin is going and the real value of its structure in the…

¿Coinbase va a listar ROSE? ¡Buenas noticias!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🚀 ¡Aprende a triunfar en las criptomonedas! 🟢 OPERA CRIPTOS en KUCOIN: 🟠 OPERA CRIPTOS en BINANCE: 🌐 Mi canal principal: 🌐 Twitter del canal: ⭐ ¿Qué vas a ver en el vídeo de hoy? ⭐ ▪️ En el vídeo de hoy hablamos de los crecientes rumores sobre el posible listado de ROSE en Coinbase, el segundo mayor exchange del mundo. ▪️ Recuerda que nada de lo comentado en el vídeo de hoy es una recomendación de inversión. 🎥 ¡Otros vídeos que…

Ripple (XRP) Struggles To Breach $0.45 Level, Down 16% In Last 7 Days

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Ripple (XRP) has managed to make a quick rebound at the end of the week. That said — will Ripple go bullish at least for the short term? On the chart, XRP is seen to be cascading downward. The current support zone is set at $0.33 which has helped skew the decline in price. Now, in order to stay afloat, the bulls should manage to keep Ripple’s price point above this mark. When done successfully, Ripple (XRP) will tend to move above the static resistance line; specifically at $0.55, and…

USTs Depegging, Crypto Market Meltdown Signals Institutions to Pour in $274m into Digital Asset Investment Products in One Week

Quick summary: According to CoinShares, digital asset investment products saw record weekly inflows of $274 million last week Bitcoin also saw $299 million in inflows in the last week Institutions saw the recent crypto market meltdown caused by USTs depegging as a buying opportunity The crypto market meltdown of last week catalyzed by the depegging of TerraUSD (UST) and the inflation of LUNA that soon followed was viewed by institutional investors as a buying opportunity. According to a report by the team at CoinShares, the sell-off resulted in digital asset…

Robinhood to launch a Web3 wallet, LimeWire inks deal with Universal and more

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Popular trading platform Robinhood is creating a noncustodial crypto wallet that will be compatible with multiple blockchains. The wallet will be a standalone application with the ability to store nonfungible tokens (NFTs) and connect to NFT marketplaces. A promo video released for the wallet shows a demonstration using Ethereum-based NFTs. Trade and swap crypto with no network fees. A web3 wallet from us. Get early access: https://t.co/qonXj80BEB pic.twitter.com/qLjByPA4ty — Robinhood (@RobinhoodApp) May 17, 2022 The app is a significant step for the company in providing crypto services. Prior to January…

Waqar Zaka Debate On The Status Of Cryptocurrency | Aalim Ke BOL | Faysal Quraishi

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Waqar Zaka Debate On The Status Of Crypto Currency | Aalim Ke BOL | Faysal Quraishi | Waqar Zaka | Ramazan Mein BOL | Ramzan Transmission #RamazanMeinBOL #FaysalQuraishi #AalimKeBOL #WaqarZaka Abhi hamaray youtube channel ko subscribe karain: For Todays Entertainment Show: For Shows: For Pakistani Dramas: For Tiktokers Viral Video: Waqar Zaka Debate On The Status Of Crypto Currency | Waqar Zaka Debate On Crypto Currency | waqar zaka and religious scholars | waqar zaka on crypto currnecy | waqar zaka in…

Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme – Regulation Bitcoin News

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Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic Data Chain (MDC) pyramid scheme. The pyramid is thought to have handled transactions with a total value of over $147 million. Virtual Currency Pyramid Scheme Authorities in China’s Rong County, Zigong City, recently prosecuted eight people accused of orchestrating the MDC virtual currency pyramid scheme, a local report has said. According to the report, the prosecution of the case was handled by the Rong County People’s Procuratorate, and was only…

South Korean legislature considering new licensing system for crypto

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A report commissioned by South Korea’s federal government recommends the domestic crypto industry adopt a licensing system for exchanges and token issuers as a way of protecting investors. The report issued by the Financial Services Commission (FSC) to the National Assembly, the country’s legislature, also calls for new regulations to mitigate insider trading, pump and dump schemes, and wash trading. The new regulations would be stricter, and the penalties for failure to comply would be harsher, than those in the Capital Markets Act that the domestic crypto industry currently abides…

Over $7.5B in Tether (USDT) Redeemed in the Last Week as Stablecoin Anxiety Hits the Crypto Markets

Summary: Over $7.485 billion worth of Tether (USDT) has been redeemed for US dollars in the last week. The total supply of Tether (USDT) has reduced from the recent all-time high of $81.237 billion to $75.75 billion. The redemption of Tether and the decline of its circulating supply come on the backdrop of both UST and USDT depeging. Tether’s CTO has confirmed that USDT can keep up with market demand for the stablecoin and redemption services for USD. Over $7.485 billion worth of Tether (USDT) has been redeemed for US…