Day: June 15, 2022

Russian bank Sber to complete its first digital currency deal

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Russian banking giant Sber — formerly known as Sberbank — is preparing to soon complete its first digital currency deal involving the bank’s proprietary digital asset platform. The bank will conduct its first transaction involving digital financial assets (DFA) on its digital asset issuance platform by mid-July. Anatoly Popov, deputy chairman of Sber’s executive board, disclosed Sber’s plans to complete such a deal in an interview with the state-backed news agency TASS on June 15. Popov claimed that Sber finally received registration from the country’s central bank — the Bank…

Bitcoin could go to zero: Crypto billionaire

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin Foundation chairman Brock Pierce discloses if he’s still buying bitcoin during the market sell-off on ‘The Claman Countdown.’ #FOXBusiness #TheClamanCountdown Subscribe to Fox Business! Watch more Fox Business Video: Watch Fox Business Network Live: FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business…

ETH, BTC Remain Lower Ahead of Federal Reserve Rate Decision – Market Updates Bitcoin News

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ETH was close to falling below $1,000 on Wednesday, as markets began to prepare for the latest Fed policy meeting. Many expect that the FOMC will opt to hike interest rates today, as inflation continues to peak. BTC was also lower, hovering slightly above $20,000. Bitcoin BTC was hovering marginally above $20,000 in today’s session, as markets were anticipating the latest FOMC policy meeting. Following a high of $22,729.56 yesterday, BTC/USD sank to an intraday low of $20,178.38 earlier in the day. As a result of this latest low, bitcoin…

Bitcoin Miners’ Exchange Flow Rises To Seven-Month High Amid Bloodbath

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Bitcoin mining profitability has plummeted by more than 75% from the market peak, and is now at its lowest level since October 2020. Bitcoin Price Plummets Further Bitcoin’s price plummeted to a 52-week low of $20,800 on Wednesday, down from an all-time high of $68,788 by more than 70%. Despite the fact that the price has already returned above $21,000, important market indications indicate that bears still have a strong grip on the current market. The Bitcoin Miners to Exchange Flow, a metric that measures the amount of BTC transferred…

NEXO price drops 40% in three days on rumors of ties to ‘insolvent’ crypto fund

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The price of Nexo (NEXO) continued to fall on June 15, as Nexo denied rumors of exposure to Three Arrows Capital (3AC), a Dubai-based crypto fund facing insolvency risks. NEXO price suffers on DeFi contagion fears  NEXO, which serves as a security token at a cryptocurrency lending platform of the same name, fell nearly 25% to $0.61 a unit, its lowest price reading since January 2021. The massive intraday decline came as a part of a broader downside move this week, which stretched NEXO’s losses to 40%. NEXO/USDT weekly price…

Disruptor 50: Blockchain.com CEO on the state of the crypto market

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Peter Smith, CEO of Blockhain.com, #7 on the 2022 CNBC Disruptor 50 list, discusses the volatility that’s swept through the crypto and equity markets, and how the company has long prepared to weather a downturn. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business…

Nearly 70,000 Issued Binance Refugee Crypto Card for Ukrainians – Exchanges Bitcoin News

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Thousands of Ukrainians have ordered a crypto card issued by the world’s leading digital asset exchange, Binance, for its users from the war-torn country. The card allows people displaced by the ongoing conflict with Russia to make payments and receive financial support. Binance Announces Results From Efforts to Help Ukrainian Refugees Between April 26 and June 10, almost 70,000 people have been issued the Binance Refugee Crypto Card, the largest coin exchange by trading volume unveiled to the crypto news outlet Forklog. The payment product was offered in April to…

🔻 URGENTE: Atualização do Ethereum apresenta problemas e ameaça grande mudança programada

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “Reorganização” de sete blocos pode ter sido falha ou uma tentativa de ataque hacker; blockchain será fundamental para chegada do Ethereum 2.0. O receio de que a rede possa ter sido comprometida ou exiba falhas – atrasando o futuro processo de fusão do Ethereum – pode ter chegado ao preço da moeda. Nesta quinta, o token ETH registra queda. ————— KriptoBR – Revenda Oficial América Latina ————— ——— Grupo Telegram KriptoBr ———- REDE SOCIAIS ————— ————— #eth #pos #ethereum ▶ Coinbase Website:…

Bill to ban digital assets as payment passed the first reading in the Russian parliament

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A bill that had been introduced a week ago to the State Duma, the lower chamber of Russian Parliament, made a swift passing through first reading. Should it become a law, it would prohibit using “digital financial actives” (DFA) to pay for goods or services.  As reported by local media on Tuesday, the bill, sponsored by the head of the Financial Markets Committee of the State Duma Anatoly Aksakov, passed with a reservation. Albeit the document suggests an obligation for DFA exchange managers to withhold any deals implicating the usage…