According to the Bitcoin Obituaries list, bitcoin has died 15 times in 2022, and the last obituary written about bitcoin’s death was on June 18, in a recent statement that said: “Bitcoin Will Not Recover.” Interestingly, Google Trends data shows that the search phrase “bitcoin is dead,” is estimated to hit an all-time high this week. The Old Saying ‘Bitcoin Is Dead’ Comes Back to Life In recent times, you may have heard the phrase “bitcoin is dead,” or something similar. A great number of people truly believe that bitcoin…
Day: June 20, 2022
Why the crypto market crash may play in Bitcoin’s favour
Natalie Brunell, the host of Coin Stories podcast, thinks that the recent incidents involving Terra (LUNA, now rebranded LUNC) and Celsius (CELH) and the following market sell-off will lead to regulatory action that will likely favor Bitcoin (BTC) over the rest of cryptocurrency. “I’m going to be watching for regulation developments, just signifying that Bitcoin is a digital property and that maybe there’s more fair accounting that can be done to allow institutions to invest,” she said in her latest interview with Cointelegraph. “And the other cryptocurrencies, I think will…
Hong Kong’s Hoo.com Expects to Re-Open Some Token Withdrawals Today; Finblox Takes Steps to Address Liquidity
On Monday, however, Babel said it had reached preliminary agreements with counterparties on the repayment of some debts that led to the halt on withdrawals. “We have actively communicated with shareholders and potential investors, and will continue to communicate and obtain liquidity support,” Babel said in a statement. Source
Missed Ethereum at $250? Good News! This Altcoin Could Give You A Second Chance!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Breaking Ethereum News! If you missed Ethereum at $250, this could be your chance to make up for it! This Altcoin is displaying identical signs of ETH in the early years, but we think it may be accelerating to higher prices even faster than ETH did in 2017! Tune in to Crypto Banter DeFi, to find out which Altcoin we will be diving into today! 👨🌾 Copy Miles’ stablecoin farming strategy in one click! – – – – – – – –…
Cardalonia Metaverse Project Integrates Adahandle Set To Release First Metaverse Trailer
Blockchain and metaverse gaming has become quite popular recently, and these games are gradually transforming the entire gaming industry with the introduction of non-fungible assets as tokens existing on the blockchain. Nowadays, gamers benefit from blockchain concepts such as NFTS to make games not only a source of entertainment but also a passive income stream. As metaverse games continue to explode, developers are constantly working on improving the utilities of the DAO tokens powering the metaverse games while also introducing more earning opportunities for players. Cardalonia is one such game…
Over $250 Million In Liquidations As Bitcoin Recovers Above $20,000
Liquidations have rocked the space as the price of Bitcoin has fluctuated between red and green in the last week. Since the price had been crashing for the major parts of last week, the liquidations have been heavily skewed towards long traders. This trend has now changed as short traders’ liquidations have ramped up in the past week owing to recovery above $20,000. Short Liquidations Ramp Up Coming out of the weekend, the price of bitcoin has been doing much better than it was during the weekdays. This has now…
The PIP Button Brings New Lifeblood To The Creator Economy With Blockchain Technology
Blockchain technology and cryptocurrencies can make a big difference for content creators globally. Anyone can benefit from integrating such solutions, preferably if they do not require coding knowledge. The PIP button may be the answer to many prayers, as it is compatible with any platform or website. The PIP Button Changes The Game Pip, but people behind the PIP button, have come up with a way to let anyone integrate crypto and blockchain payments. More importantly, it does not require any coding knowledge to make the most of this solution,…
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The firm behind one of the first Bitcoin futures-linked exchange-traded funds in the United States will give investors a new vehicle to bet against the price of the cryptocurrency. In a Monday announcement, exchange-traded fund issuer ProShares said its Short Bitcoin Strategy ETF would be available for trading on the New York Stock Exchange, or NYSE, starting Tuesday under the ticker BITI. The vehicle will allow U.S. investors to bet against Bitcoin (BTC) using futures contracts, given the cryptocurrency’s performance in a single day as measured by the Chicago Mercantile…
Bitcoin encuentra resistencia en $21K e inversores registran pérdidas por más de $7000M, según Glassnode
Los titulares a largo plazo, o aquellos que tienen BTC por un periodo superior a 155 días, liquidaron más de 178.000 BTC a precios inferiores a $23.000, según los datos. Sin embargo, estas liquidaciones representaron sólo el 1,31% del total de las tenencias. Source
Purpose Bitcoin ETF Puked 24.5k BTC on Friday, Leading to the Weekend Low of $17.6k – Arthur Hayes
Summary: Arthur Hayes has highlighted that the Purpose Bitcoin ETF offloaded 24.5k BTC into the markets on Friday’s close. Bitcoin went on to drop to the local low of $17,600 due to the selling pressure that could have been a run to trigger stop losses. The Bitcoin and crypto markets have since rallied, with BTC trading above $20k. The co-founder and former CEO of Bitmex, Arthur Hayes, has shared an interesting observation regarding what might have caused Bitcoin’s dump below $20k to a local low around the $17,600 price level.…