Day: June 16, 2022

BitBoy founder threatens class action lawsuit against Celsius

Just two weeks after appearing in an ask me anything (AMA) with Celsius founder Alex Mashinsky, crypto Youtuber Ben Armstrong has announced he intends to file a class action lawsuit against the lending platform and its chief executive. Armstrong made legal threats via Twitter on June 15, and has since provided more detail in multiple threads. His issue is centered on being unable to pay down loans with existing funds on the platform, and instead having to deposit new funds to pay the loans off: “[Our account rep] told us…

“Bitcoin’s Correlation With The S&P 500 Reached” ATH, Opportunity Knocks

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This counterintuitive thinking by ARK Investment is the reason why we subscribe to their  “The Bitcoin Monthly” report. While everybody complains about bitcoin’s dance in unison with the stock market, they keep it cool and even frame it as an opportunity. Which it is. It’s not ideal that traders treat bitcoin like a risk-on asset, but there’s certainly logic behind it. Short-sighted people see bitcoin as an investment vehicle and little else. Excited to introduce the first official issue of “The Bitcoin Monthly” Starting this month, ARK will be publishing…

BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation

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Benjamin Delo the co-founder of cryptocurrency exchange BitMEX has been sentenced to 30 months probation for violating the Bank Secrecy Act (BSA), which is an anti-money laundering law. The sentence, handed down at a federal court in New York on June 15th, follows his guilty plea to charges in February of “willfully failing to establish, implement and maintain an Anti-Money Laundering (AML) program” in his role at BitMEX. Prosecutors had argued Delo should serve a year in prison or at least receive a two-year probation along with six months of…

Yahoo launching Metaverse events for Hong Kong residents under restrictions

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Yahoo has announced a series of Metaverse and NFT-related activities in Hong Kong, a day after Meta Platforms outlined its own metaverse plans for the region. Yahoo, a US-based internet media company, revealed that it will host a series of virtual events and concerts for Hong Kong residents in the Decentraland metaverse. According to Lorraine Cheung, the head of audience at Yahoo Hong Kong, the company sees the Metaverse as an attractive alternative for Hong Kong residents looking to engage in social activities while pandemic restrictions remain in force. On…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 12/03/2022| 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 -Skechers, Global Footwear Company, Opens Store in Metaverse: Details. -More Than 16 Million SHIB Burned as Community Prepares for Larger Burn Event: Details.…

I’ve Stayed Away From Bitcoin at All Costs – Featured Bitcoin News

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The billionaire founder and chairman of Equity Group Investments, Sam Zell, says he is staying away from bitcoin at all costs. He explained that he does not understand the cryptocurrency and believes that a currency without the backing of a government is unlikely to work. Sam Zell Remains Skeptical of Bitcoin While a growing number of billionaires and hedge fund managers are embracing bitcoin, Sam Zell, the founder and chairman of Equity Group Investments, said he is staying away from the cryptocurrency. Zell, whose net worth is estimated to be…

Bitcoin Amidst Relentless Sell Off; Is It Targeting $13,000 Now?

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Bitcoin has been on a continued downfall after losing close to 33% over the last seven days. In the last 24 hours, BTC lost close to 6% and was moving towards its next support level. There has been immense choppiness in the market, with BTC steadying around the support level of $23,000 and then falling right through that level again. Bitcoin again bounced off the $20,000 price level as it was trading slightly above that level at the time of writing. Fall from the current price level can push the…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io mining atau menambang btc atau bitcoin melalui cryptotab browser cara ini sangat mudah hanya mendaftar dengan email kita saja dan mulai menambang bitcoin melalui cryptotab maka akan kita bisa mendapatkan bitcoin secara gratis dan muda..bisa di tukar atau di jual di indodax pintu aplikasi dan menghasilkan uang untuk kita semoga berguna..dan aplikasi cryptotab bisa di dapatkan di google playstore..salam miners #miningbtcgratis#cryptotabbrpwser ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

71% of high net worth individuals have invested in digital assets: Survey

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High net worth individuals (HNWI) have embraced cryptocurrencies and other digital assets, with 71% of wealthy individuals investing in digital assets according to a new survey. Technology consulting company Capgemini released its 2022 World Wealth Report on June 14. It polled 2,973 global HNWIs, with 54% reporting a wealth band ranging from $1 million to $30 million and 46% reporting wealth of $30 million and over. The survey asked about investment preferences for emerging asset classes such as digital assets, classifying them as cryptocurrencies, related exchange-traded funds (ETFs), non-fungible tokens…

Korean exchanges agree on emergency system in case of Terra-style collapse

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Korea’s leading exchanges have agreed to form a new emergency system that will spring into action within 24 hours should another Terra-style collapse threaten to come to pass. Under the new system, exchanges will convene to respond to sudden adverse market effects, such as what happened with Terra in May. The agreement came after five of the country’s largest crypto exchanges, Upbit, Bithumb, Coinone, Korbit, and Gopax attended a session at the National Assembly, South Korea’s legislature to address market fairness on June 13, according to a report from local news outlet Daily…