Day: June 1, 2022

Top Bitcoin Mining CEO Sees the Crypto Bear Market Ending at the End of 2022

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Summary: The founder and CEO of BTC.TOP mining, Jiang Zhuoer, has forecasted that the ongoing crypto bear market could end at the end of 2022 and coincide with Ethereum’s Merge. He also anticipates the Ethereum merge to happen between October and December. The Merge and EIP-1559 will make Ethereum the first real deflationary token. Mr. Zhuoer also anticipates the US Federal Reserve will pause its increment of interest rates in September 2022. The Founder and CEO of BTC.TOP mining company, Jian Zhuoer, has shared valuable insights via Twitter in which…

Bitcoin Rests Tentatively Above $31,000, Bull Rally Or Trap?

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The price of bitcoin has been doing significantly well compare to where it was about a week ago. It has now recovered above a highly coveted point, returning some faith back into the market. However, the position where the digital asset currently resides is one that is unstable. Even though it seems to have found its footing above the $31,000 level, there is still the question of what this recovery actually means in the short term. Fakeout Or Breakout? It is important to note that the price of bitcoin had…

Creating a Lasting Legacy With Lifestory — Leave a Trace of Yourself Behind – Sponsored Bitcoin News

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sponsored Leaving a lasting legacy is one of the most important things we can do in life. It’s not only a way to ensure that we’re remembered after we die, but it also gives our loved ones a sense of closure and allows them to move on with their lives. Unfortunately, it’s hard to leave a trace of ourselves after we die. Our memories and legacies usually disappear with us or are left in the hands of family and friends who may not be able to handle them. But what…

How to Make Money From the Crypto Backlash

Manning’s evasion is a close cousin of the all-time great in this category, the argument for “blockchain, not crypto.” This is a meaningless concept because tokens with economic value are fundamental to the design of distributed public blockchains, at least for the moment. But rhetorically, “blockchain, not crypto” is meant to signal that one wants all the cool parts of blockchain tech without the financial volatility. Source

Bitcoin price risks $29K ‘nosedive’ as Wall Street opens with fresh losses

Bitcoin (BTC) lost bullish momentum at the June 1 Wall Street open as United States equities faced another day of retracement. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Zooming out, “nothing” has changed Data from Cointelegraph Markets Pro and TradingView captured a sharp U-turn for BTC/USD at the start of trading, $1,600 in three hours. At the time of writing, the pair traded at around $30,400, giving back the past days’ gains. For Cointelegraph contributor Michaël van de Poppe, $29,000 was now on the radar after support levels refused to cushion…

Finance Leaders of G7 Nations Call for Immediate and Comprehensive Regulation of Crypto

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The regulation of cryptocurrency is something that continues to be and will continue to be, a topic of contention in the financial world. The recent collapse of LUNA and the UST stablecoin has once again stirred the conversation and has inspired global financial leaders to reconsider the cryptocurrency problem. Finance and industry leaders from the G7 nations met to discuss ways to discuss a regulatory framework for the cryptocurrency industry. A G7 meeting was recently held in Germany, on May 18-20. The core issues discussed centered on the regulation of…

Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report Claims – Bitcoin News

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A Moscow court has ordered the seizure of the crypto wallet of one of the alleged administrators of darknet market Hydra. Media reports reveal, however, that the man — who was arrested in Russia in mid-April — is refusing to share access to his presumed crypto stash with Russian law enforcement. Investigators Fail to Obtain Hydra Market Operator’s Cryptocurrency The Russian judiciary wants to confiscate what it believes to be a record amount of cryptocurrency from a drug dealer’s crypto wallet, the business daily Kommersant reported this week, quoting a…