Day: May 24, 2022

Funds Lost Billions in the Terra Collapse. Here are the Ongoing Effects; Bitcoin Sees Red

By early afternoon, bitcoin had fallen almost 4% over the past 24 hours to the low end of the $29,000-$30,000 range it has occupied for the nearly two weeks since the UST stablecoin and LUNA token that supports it imploded. The largest cryptocurrency by market capitalization, has dropped 26% from its high this month near $40,000 and roughly 55% since reaching its record peak last November. Ether, the second largest crypto by market cap, was down approximately 3.5% over the same period and changing hands a little below $2,000. Source

Korean Police Ask Crypto Exchanges to Freeze Luna Foundation Guard’s Assets – Featured Bitcoin News

boss

The South Korean police have reportedly launched an investigation into possible embezzlement involving an employee of Terraform Labs. To prevent fund transfers, the police have requested crypto exchanges to freeze the Luna Foundation Guard’s accounts. Embezzlement Investigation and Asset Freeze The Seoul Metropolitan Police Agency’s Cybercrime ​​Investigation Unit announced Monday that it has launched an investigation into possible embezzlement by an employee of Terraform Labs, local media reported. An official from the Seoul Metropolitan Police Agency was quoted by Chosun as saying: We have received information that there is a…

Wall Street Says a Fed Digital Dollar Spells Destruction for Banks

The Fed board has been weighing the logic of introducing a digital dollar, though officials have been careful to remain neutral and suggest that any plan should have the backing of Congress and the administration. That’s the line, too, that Michael Barr – President Joe Biden’s pick to be the next Fed vice chairman for supervision – echoed at his confirmation hearing last week. However, several new Fed board members were sworn in on Monday, marking an official transition to the era of Biden appointees. Source

Crypto starts week Positive, Bitcoin Bulls Prep For A Breakout

boss

On Monday, the cryptocurrency and Bitcoin market turned positive, attempting to break out of its current downturn, with market capitalization rising 1.5% to $1.37 trillion. The largest cryptocurrency, Bitcoin , reached $30,554, up 1.2%. Bitcoin Price Sheds Gains The Bitcoin price’s downhill movement is becoming increasingly apparent. A rally towards $33,700 is possible. For nearly two weeks, the Bitcoin price Fear and Greed indicator has been at high fear levels. Because more investors are afraid to invest in the present BTC price, this Index can be utilized as a contrarian…

11 May 2022 बड़ी ख़बर 🚨 Crypto News Today | Why Crypto Market Going Down Today

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 11 May 2022 बड़ी ख़बर 🚨 Crypto News Today | Why Crypto Market Going Down Today जुड़े Hamare Telegram से👇 ये 3 लिंक एक ही चैनल के है जो ओपन होजये उसी से जॉइन करलें 👍 Premium Join Telegram Group Free 👉 Premium Telegram Group Free👉 Premium Telegram Group Free👉 dogecoin price prediction dogecoin news today dogecoin elon musk dogecoin future prediction Dogecoin Prediction future of dogecoin Elon Musk Dogecoin cryptocurrency news today crypto news today #dogecoin #crypto dogecoin news today, dogecoin…

LongHash Ventures Partners With Protocol Labs to Launch the Third LongHashX Accelerator Filecoin Cohort – Blockchain News, Opinion, TV and Jobs

LongHash Ventures, Asia’s first Web3 Accelerator and one of Asia’s leading Web3 venture funds, is continuing its partnership with Protocol Labs, creator of Filecoin and IPFS, to launch the 3rd LongHashX Accelerator Filecoin Cohort. The program aims to accelerate early-stage teams building projects in the Filecoin ecosystem. Established in 2018, the LongHashX a Web3 investment fund and accelerator, has partnered with notable ecosystems such as Polkadot, Algorand, and Filecoin, among others. Past graduates from Filecoin Cohorts include Lit Protocol, a decentralized access control network; Huddle01, a decentralized secure video calling…

Registration For The Upcoming VERSE Token By Bitcoin․com Is Now Open – Press release Bitcoin News

boss

press release Registrations are now open for the VERSE token sale, which will begin in the later part of June 2022. Interested parties who register can participate in the token sale immediately upon launch. Miami, Florida – May 23rd, 2022 – VERSE is the rewards and utility token distributed to holders who participate in the Bitcoin.com ecosystem. Bitcoin.com is a global leader in introducing newcomers to cryptocurrency and is the go-to platform for educational resources, news, and more. Bitcoin.com’s ecosystem includes 30 million wallets and more than five million monthly…

Is Bitcoin Headed For A Recovery?

boss

Bitcoin for the past two months has been closing consecutive weeks in the red. The previous week had seen it close its seventh consecutive weekly candle for the first time in history, and although investors hoped that this would end with a reversal, the digital asset has gone on to mark another week in the red. This makes it the first time ever for bitcoin to see eight consecutive weekly closes, causing major panic among crypto investors. Eight Weeks Red Not Bad? Normally when a large digital asset such as…