Day: June 16, 2022

Is The Bitcoin Halving The Key For A BTC Price Bottom?

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Bitcoin is still holding above $20,000 despite a massive increase in selling pressure over the past few days. The cryptocurrency has experienced some of the worst capitulation events in its history and could be read for a fresh leg-down. Related Reading | Bitcoin Exchange Reserve Spikes Up, Selloff Not Over Yet? At the time of writing, BTC’s price trades at $20,700 with a 7% and 31% loss in the last 24 hours and 7-days respectively. Market participants seem to be expecting new highs, but a resume in bullish momentum could catch…

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Bitso procesó $1000 millones en remesas cripto entre EE. UU. y México en el primer semestre de 2022

“Sin duda el corredor México-Estados Unidos es un mercado sumamente importante para nosotros, donde muchas personas dependen de las remesas para acceder a una vida digna y satisfacer sus necesidades básicas. Por eso nos motiva aún más y estamos comprometidos en llevar estos servicios a otros países donde operamos”, dijo en un comunicado Carlos Lovera, líder de Desarrollo de Negocios de Bitso. Source

Cryptocurrency Post-Fed Relief Rally – SuperCryptoNews

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It is now coming to light that Tether may actually have some real dollars, outside of the commercial paper, Treasuries, precious metals and cryptocurrencies that it uses to back USDT, in a small Bahamas bank called Capital Union. In an interview with the Financial Times earlier this month, Tether’s Chief Technology Officer Paolo Ardoino said that its most liquid reserves, cash deposits, were held at two banks in the Bahamas and it’s been said that Capital Union is one of those banks. Although the U.S. Federal Reserve raised rates by…

Circle Launches Second Major Stablecoin Backed 1:1 by the Euro – Altcoins Bitcoin News

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On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.” Circle Launches EUROC Circle has announced the launch of the company’s second major fiat-pegged crypto asset called euro coin (EUROC). The announcement stemmed from Circle’s CEO Jeremy Allaire on Thursday who explained that EUROC already has “broad industry support.” Circle also follows…

Cathie Wood – "The NEXT Few Months Will CHANGE Bitcoin FOREVER…." |Bitcoin News| Crypto Currencies

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cathie Wood – The NEXT Few Months Will CHANGE Bitcoin FOREVER…. | Bitcoin News | Crypto Currencies ($) Cathie Wood is an American entrepreneur and part of Ark Invest Foundations. She is one of the most well-known figures in the Bitcoin community, and in the news today. She knows everything there is to know about the current investment cycle, and investing wisely. If you like Cathie Wood’s perspective in this interview on all the Investment news today, please give it a thumbs…

The Metaverse Could Be Worth About $5 Trillion by 2030 

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A report published by International Consulting Firm, Mckinsey & Company, suggested that the global spending in the metaverse could reach $5 trillion by 2030. The 77-page report titled “Value Creation in the Metaverse” analyzed the current adoption trend and drew additional insights from two global surveys. The first survey gathered data from 3,104 consumers across 11 countries, while the second polled a range of executives from 448 companies cutting across 15 industries in 10 countries. Using these data, McKinsey predicted that the future of consumer behavior in the metaverse would…

High-profile BAYC collector denies allegations of wrongdoing brought by DeFi detective

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At the time of publication, it is not clear how the DeFi detective allegedly connected wallets with questionable activities to Jeff Huang. On Thursday, ZachXBT, a cyber detective in the decentralized finance, or DeFi, realm, accused prominent Taiwanese musician and blockchain personality Jeff Huang, also known as Machi Big Brother, of misconduct in 10 different cryptocurrency projects. Machi Big Brother is known outside of Taiwan as an avid collector of Bored Ape Yacht Club nonfungible tokens (NFTs) and possessed a collection worth an estimated $8.26 million at the peak of…

Secretaria del Tesoro de EE. UU. se reúne con líderes de bancos para hablar sobre cripto

Aun así, la administración y los funcionarios de las agencias financieras de EE. UU. dicen habitualmente que el Congreso debe intervenir para autorizar adecuadamente al gobierno federal a regular las criptomonedas. Es probable que esa intervención tan esperada se vea obstaculizada por la política este año, ya que los legisladores se centran en las elecciones de mitad de período. Entonces, a pesar de algunas esperanzas de políticos clave, como el senador Pat Toomey (R-Pa.), de que podría surgir un proyecto de ley para supervisar las stablecoins este año, los observadores…