Day: June 14, 2022

The Downfall Of Cryptocurrency | Cryptocurrency Market Crash Explained 2021 | Simplilearn

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This video on the downfall of cryptocurrency covers all the important aspects related to the market crash of cryptocurrency on 21st may 2021 like how crypto-market works, what were the reasons behind the market crash of cryptocurrency, how has it affected people at all levels, what can be done to restabilize the crypto-market, and what future cryptocurrency and crypto market holds. These are the facts we will be discussing in this video: 01:12 What Cryptocurrency and crypto-market are? 02:22 How does the…

NFT trading volume surges amid market and floor price crash

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NFT trading volume has surged over the past 24 hours as crypto markets tank taking floor prices of many top NFT collections along with it. A long list of top NFT projects such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Crypto Punks, and Sorare have all seen more than 100% increases in 24-hour trading volumes as investors look to snap up cheaper NFTs as floor prices tumble. According to data from CryptoSlam, eight of the top 10 NFT projects in terms of 24-hour sales volume have…

Ethereum Bears Chase $1K, Why Recovery Could Be Limited

Ethereum tumbled below the $1,200 support against the US Dollar. ETH must stay above $1,000 to start a recovery wave in the near term. Ethereum declined over 20% and traded below the $1,200 support. The price is now trading below $1,300 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,285 on the hourly chart of ETH/USD (data feed via Kraken). The pair might start a recovery wave if it clears the $1,200 resistance zone in the near term. Ethereum Price…

05/01/22| Crypto news today | Shiba inu coin news today | Cryptocurrency | Bitcoin news today | BTC

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 05/01/2022| Cryptocurrency news today | Crypto news today | Bitcoin news today | Hindi | Cryptocurrency for beginners In this video, we have covered news from across the Globe. Watch this video and keep yourself updated. Latest Crypto updates latest Crypto News. Cryptocurrency news today Crypto news today Bitcoin news today in Hindi. ===================== New’s Covered in the Video -Blockchain gaming community raises $1.4M to help typhoon victims. -9.7 Million SHIB Burned in Last 24 hours with 41% of Total Supply Destroyed…

Illicit crypto usage as a percent of total usage has fallen: Report

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Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity, according to blockchain forensics firm CipherTrace. The cryptocurrency industry has long held a reputation in some jurisdictions as a haven for illegal activity. However, CipherTrace estimates that illicit activity was between 0.62% and 0.65% of overall cryptocurrency activity in 2020. The firm reported that it has now fallen to between 0.10% and 0.15% of overall activity in 2021. Source: CipherTrace In its Cryptocurrency Crime and Anti-Money Laundering Report released June…

regulations will establish higher standards in crypto

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As the struggle for regulatory clarity down under rages on, Binance Australia’s CEO Leigh Travers thinks that such a framework will prove the crypto industry “holds itself to a higher standard” than many believe. Travers spoke with Cointelegraph on June 14 about the current state of local crypto regulatory efforts and how the opportunities available in the industry are restricted by the lack of clarity. That lack of clarity was cited as the reason why the Commonwealth Bank of Australia (CBA) has indefinitely postponed a pilot program for its crypto…

JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed – Economics Bitcoin News

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The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Last week, CME Group data indicated the market priced in a 95% chance that the U.S. will see a 50 bps rate hike this month. Although, while some expect a hawkish Fed, some believe the U.S. central bank may act dovishly if markets get worse. Global Markets Shudder With Focus…

Mining Bitcoin Yourself and How to Pass it on to Your Heirs

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this digital world that we are living in, it is possible to mine your own Bitcoin. This could be the ultimate passive income investment. But, make sure that you have your digital estate plan set up in case you pass away. Someone needs to know where your passwords are and where everything is stored to make sure it is not lost forever. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Bitcoin Drops 20%, Why The Bulls Must Protect $20K

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Bitcoin extended its decline below the $25,000 support against the US Dollar. BTC is down 20% and approaching the key $20,000 support zone. Bitcoin extended its decline below the $23,500 and $22,500 support levels. The price is now trading below the $25,000 level and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $22,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the key $20,000 support zone to avoid more downsides. Bitcoin Price…

Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto

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Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully, bulldoze, and bankrupt” crypto innovation in the U.S. in the name of expanding its own regulatory territory. “By bringing enforcement actions–or threats of potential enforcement–the SEC intends to bully, bulldoze, and bankrupt crypto innovation in the U.S., all in the name of impermissibly expanding its own jurisdictional limits.” Alderoty shared his views on June 13 amidst an ongoing lawsuit between Ripple and the regulator, which he says is part of the…