Day: June 18, 2022

Crypto Fear and Greed Index Drops to Second Lowest Level of 6 Since 2018 as Bitcoin loses Crucial $20k Support

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Summary: The crypto fear and greed index is currently at a 6, the second-lowest since August 2018, when it fell to a value of 5. Bitcoin has lost the crucial $20k support level and hit a local low of $18,742, with the weekend possibly opening the doors to more losses. A drop below $20k could turn the Bitcoin market into one of knife-catching. There is a level of extreme fear in the crypto markets. The crypto fear and greed index has hit a value of 6, its second-lowest level since…

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President of Panama Partially Vetoes Crypto Law Passed by National Assembly โ€“ Bitcoin News

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Laurentino Cortizo, president of Panama, has exercised his veto powers to make a series of objections to the recently approved cryptocurrency law. The observations of the president only touch on certain articles and do not affect the law in its entire scope. However, these articles of the bill will have to be re-discussed, taking into account the observations of Cortizo. Cortizo Vetoes Crypto Law in Panama Laurentino Cortizo, the president of Panama, has vetoed the recently approved cryptocurrency law, sending it back to the National Assembly to be…

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Third non-EU country, Ukraine, joins the European Blockchain Partnership

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After Norway and Liechtenstein, Ukraine became the third country outside the European Union (EU) to join the European Blockchain Partnership (EBP), an initiative derived by 27 member states to deliver cross-border public services. The Ministry of Digital Transformation of Ukraine announced the countryโ€™s move to join the EBP as an observer on June 17. With the ultimate goal of integrating its digital economic space with the EU, Ukraine plans to expand its interstate blockchain network partnership with other countries. Ukraineโ€™s intent to join the EBP dates back to July 2021,…

Here's why some cryptocurrency-focused stocks are underperforming bitcoin

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Dan Dolev of Mizuho discusses the declines of crypto-focused stocks after Coinbase reports a loss of $430 million in Q1. For access to live and exclusive video from CNBC subscribe to CNBC PRO: ยป Subscribe to CNBC TV: ยป Subscribe to CNBC:…

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Bitcoin price falls below $20K for first time since 2020, Ethereum dips under $1K

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Bitcoin (BTC) achieved a bear market first on June 18 as BTC price action gave up $20,000 support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price crosses under 2017 all-time high Data from Cointelegraph Markets Pro and TradingViewย confirmed BTC/USD sliding under $20,000 for the first time since December 2020, reaching press-time lows of $19,066. As nerves heightened after the United States Federal Reserve’s comments on the inflation outlook, crypto markets bore the brunt of a sell-off, which began after shock Consumer Price Index (CPI) figures last week. Losing the…

CoinEx & ViaBTC Co-host NEW BLOC NIGHT to Explore New Trends in the Industry

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Last week, New Bloc Night, the opening party of Austin blockchain week hosted by NEW BLOC, came to a successful conclusion at the Otis hotel in Austin. As sponsors of this event, CoinEx and ViaBTC, together with more than 20 well-known investment institutions, public chain, DAPP, DAO, Web3.0, cryptographic financial service providers and other blockchain industry leaders, participated in speeches and round table meetings to jointly discuss the problems and development trends of the cryptographic industry, explore ways to compound interest growth of cryptographic assets. A number of distinguished guests…