On-chain data shows the Bitcoin flow from spot exchanges to derivatives exchanges is currently painting a trend that has historically been bullish for the crypto’s price. Bitcoin Spot To Derivatives Exchanges Flow Starts Sharp Decline As pointed out by an analyst in a CryptoQuant post, the BTC spot to derivatives flow may be hinting at a bullish outcome for the crypto. The “spot exchanges to derivatives exchanges flow” is an indicator that measures the total amount of Bitcoin moving from spot wallets to derivatives wallets. When the value of this…
Day: June 10, 2022
MoneyGram’s USDC transfer service launches in several countries
Cross-border transfer service MoneyGram officially launched its stablecoin-powered payment channel on Friday, giving users the ability to send USD Coin (USDC) payments worldwide that can be withdrawn as cash by recipients. The service is being rolled out across several key remittance markets, including Canada, the United States, Kenya and the Philippines, Circle and MoneyGram announced Friday. Global cash-out functionality will be available by the end of June. To encourage adoption, the USDC transfer service will carry zero fees for the first 12 months. As Cointelegraph reported, MoneyGram’s new transfer service…
Cryptocurrency : Success Story Of 3 Indian Billionaires
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io WazirX Link ( Best Crypto App ) 👇🏻 Telegram Channel Link – In today’s video we will discuss that how 3 indian guys become billionaires from cryptocurrency . and how you can do the same ? ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Jack Dorsey’s TBD Announces Web 3 Competitor: Web 5
Block’s Web5 ditches Web3’s blockchain-centric model and places Bitcoin at the forefront. Source
American Express Adds First Crypto Product With Abra Rewards Card
“If you look at our client base and where the money is for us, it skews toward our private client business, which is upper-middle class to extremely wealthy, where they have six to eight figures worth of crypto with Abra,” he said. “That group has a natural affinity and overlap with American Express.” Source
CZ visits Palau to kick off BNB Chain-supported ID NFTs for digital residency program
The Republic of Palau announced Friday that it will issue identification cards to its digital residents in the form of nonfungible tokens (NFTs) on Binance’s BNB Chain blockchain. Binance founder and CEO Changpeng Zhao (CZ) was on hand in the Pacific Island nation for the unveiling of the NFTs and to meet with Palauan President Surangel S. Whipps, Jr. Palau introduced its Root Name System (RNS) Digital Residency program in January. California-based Cryptic Labs took part in the development of the program, which provides global citizens with identity cards issued…
CPI Print Pushes Crypto Into Red Zone, Here Are 2 Potential Scenarios
The crypto market is retesting critical support areas as the U.S. Consumer Price Index (CPI) print surpasses expectations. The metric is used to measure inflation in the U.S. dollar, and it recorded an 8.6% increase year-over-year (YoY), the highest since 1981. Related Reading | TA: Bitcoin Bears Keep Pushing, Why BTC Could Still Nosedive This could turn the U.S. Federal Reserve (FED) more aggressive in its attempts to stop inflation. The financial institution began tightening its monetary policy which has translated into a reduction in global liquidity, and negative performance for…
Bitcoin Price Outlook for June — Market Conditions Show Uncertainty – Market Updates Bitcoin News
Ten days into June, bitcoin continues to trade lower, with prices hovering close to a twelve-month low. Despite this, there continues to be optimism around potential rallies in price over the next few weeks. Overall, there is still a lot of uncertainty in the market, with the potential for either bullish or bearish runs in upcoming sessions. Current Market Conditions Heading into June, bitcoin (BTC) had seen its value fall for nine consecutive weeks, pushing prices to their lowest level since the same point last year. This run started towards…
Unhosted Crypto Wallet Rules Will Allow Innovation, US Treasury Official Vows
“The only way that we can stop illicit actors from operating … [is] in partnership with investors and with innovators,” Adeyemo said, vowing to ensure that “responsible actors in the space are the partners of government, rather than working in opposition to us, or feeling as if our rules don’t give you the room to innovate in a way that helps us solve these problems.” Source
Chia Mining PC – Die Hardware
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In diesem Video dreht sich alles darum, welche Hardware man benötigt, um Chia Mining sinnvoll betreiben zu können. Viel Spaß! 🎮Links zum Video🎮 Chia-Kalkulator: Chia-Preis: SSD-Überblick: Hotbit-Hack: 🎮Links zum Video🎮 (Media Markt Affiliate Links) Mainboard: RAM: 2x CPU (ohne interne GPU!!!): Netzteil: Betriebssystem-SSD: NVMe SSD: HDDs: oder GPU: Gehäuse: 🖥Mein Mining-Rig🖥 NVIDIA Grafikkarten: RTX 3070: NVIDIA Grafikkarten: RTX 3060: NVIDIA Grafikkarten: RTX 3060 Ti: PCI Express Riser: Mainboards mit Sockel AM 4: CPU mit Sockel AM 4: RAM: DDR3: DDR4: SSD/Festplatte: Netzteil/PSU…