Day: June 17, 2022

New Best Bitcoin Miner Software | Free Download | Fast BTC Mining!

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Deribit Confirms 3 Arrows Capital as a Shareholder, States the Exchange’s Accounts are in Debt, but Still Financially Healthy

Summary: The team at Deribit has confirmed that Three Arrows Capital is a shareholder at the exchange. Deribit also hinted that its accounts possibly linked to Three Arrows Capital are in debt. However, the team at Deribit quelled fears of insolvency by stating that the exchange will remain financially healthy if the above-stated debts are not repaid. The crypto exchange of Deribit has stated via Twitter confirming that Three Arrows Capital is a shareholder in the platform. The Deribit Tweet, which can be found below, also pointed out that Three…

BTC043: How To Value Bitcoin Mining

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Preston Pysh talks with entrepreneur and Bitcoin expert, Mike Alfred, about the valuation process for publicly traded mining companies. IN THIS EPISODE, YOU’LL LEARN: 00:00 – Intro 01:16 – Mike’s early days as an entrepreneur 11:51 – What is the biggest mistake entrepreneurs make? 14:28 – How Mike got into Bitcoin – Mike’s thoughts on digital asset data 31:35 – How Mike values Mining companies 46:10 – How does Wall Street view Bitcoin? 51:16 – What is El Salvador big news or…

Inverse Finance exploited again for $1.2M in flashloan oracle attack

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No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds. Just two months after losing $15.6 million in a price oracle manipulation exploit, Inverse Finance has again been hit with a flashloan exploit that saw the attackers make off with $1.26 million in Tether (USDT) and Wrapped Bitcoin (WBTC). Inverse Finance is an Ethereum based decentralized finance (DeFi) protocol and a flashloan is a type of crypto loan that is usually borrowed and…

Rock Legend Gene Simmons Owns 14 Cryptocurrencies โ€” ‘I Have Not Sold a Single Position Since the Downturn’ โ€“ Featured Bitcoin News

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Rock band Kissโ€™ lead singer Gene Simmons has revealed that he owns 14 cryptocurrencies and has not sold any since the crypto market downturn. Gene Simmons Says โ€˜I am a Hodlerโ€™ Gene Simmons has reaffirmed that he is a hodler and has not sold any of his 14 cryptocurrencies since the crypto market downturn. Simmons is an Israeli-born American musician, singer, songwriter, actor, and producer. He was the frontman, bassist, and co-lead singer of Kiss, the rock band he co-founded with lead singer and guitarist Paul Stanley. According to IMDB,…

126% return for stock market short-sellers who smelled blood in crypto waters

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Short-sellers have made a killing on various sectors of the U.S. stock market this year, but no other sector “held a candleโ€ to the blockchain industry, with crypto company short-sellers profits up 126% in 2022, according new data. On Thursday, technology and data analytics firm S3 Partners published a video summarizing its recent report, which found that overall, U.S. equity short-sellers are up on average more than 30% for the year. Some of these profit gains were attributed to the short-selling of automobiles and components stocks (up 54%), software and…

Bitcoin Remains In Downtrend, Risk of Drop Below $20K

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Bitcoin failed to recover above $23,000 against the US Dollar. BTC started a fresh decline and remains at a risk of a move below the $20,000 support. Bitcoin failed to climb above $23,000 and started a fresh decline. The price is now trading below the $22,000 level and the 100 hourly simple moving average. There is a new connecting bearish trend line forming with resistance near $20,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains at a risk of a move below the…

72 of the top 100 coins have fallen 90% or more: Here are the holdouts

According to price data from CoinGecko compiled by CoinGoLive, the current bear market has seen a whopping 72 out of top-100 tokens fall more than 90% from their all-time highs. The larger cap coins are faring better than most. Among the top ten cryptocurrencies by market cap, nine have dipped less than 90% during the current market downturn. Bitcoin (BTC), the largest crypto, is down 70.3% from its November high of $69,000. Second place is Ether (ETH) which is down 78% from its high of $4,878. Others in the top…

FED MINUTES | BITCOIN BOTTOM | TERRA LUNA 2.0

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Today let’s look at what is driving US Markets and Bitcoin. Also update on the new Terra 2.0 chain which is now supported by Binance. Terra Luna 2.0 Airdrop Calculator: ๐Ÿ’นBuy Bitcoin, NFTs and Stocks with FTX – (Mobile) / (Desktop) ๐Ÿ’ฐEarn 12.6% APY w/ Deposits and Trade Crypto w/ Vauld: ๐Ÿ’ธBuy Bitcoin & Crypto with IRA/401k Tax-Free ($100 Bonus) ๐Ÿ’ณBlockfi Bitcoin Reward (1.5% Back in BTC) Credit Card: ๐Ÿ‘›Try Blockfi’s Wallet and Earn $250 Bonus ๐Ÿ”ฅ File Crypto Taxes the Easy…