Day: June 23, 2022

Bitcoin Could Restart Increase If The Bulls Clear This Resistance

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Bitcoin is consolidating above the $20,000 zone against the US Dollar. BTC must clear the $20,800 resistance to restart increase in the near term. Bitcoin corrected gains and tested the $19,800 support zone. The price is now above the $20,000 level and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $20,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $20,550 and $20,800 resistance levels. Bitcoin Price Faces…

China warns Bitcoin is heading to zero but BoE looks on the bright side

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The Chinese government has capitalized on the violent downturn in the crypto market by warning crypto investors that Bitcoin prices are “heading to zero.”  The South China Morning Post reported on June 22 that Chinese national news media agency Economic Daily had issued the warning about the largest cryptocurrency by market cap to further dissuade citizens from adopting the use of crypto. The Economic Daily report says the west is to blame for creating a highly-leveraged market that is “full of manipulation and pseudo-technology concepts” which it said was an…

I Can’t See the Point of Crypto — Nobody Needs to Own It – Markets and Prices Bitcoin News

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Billionaire investor Seth Klarman says he cannot see the point of crypto. “I don’t think anybody needs to own it. It just seems to me that it could end up very much in tears,” he added. Seth Klarman on Crypto Investing, Gold, and U.S. Dollar American billionaire investor and hedge fund manager Seth Klarman shared his views on a variety of topics, including cryptocurrency, gold, and the U.S. dollar, in an interview with Harvard Business School, released this week. Klarman is the chief executive and portfolio manager of the Baupost…

Anthony Scaramucci on where he sees the crypto market heading

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Anthony Scaramucci, founder of Skybridge Capital, joined “Squawk Box” on Friday to discuss his outlook on the cryptocurrency market following Coinbase’s direct listing. Subscribe to CNBC PRO for access to investor and analyst insights on crypto and more: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with…

Luna crypto | luna coin price prediction | Watch Before Invest | Luna cryptocurrency Latest News

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #luna #lunacrypto LUNA Terra Crypto Price can go to ZERO | Watch Before Invest | Luna cryptocurrency Latest News Hindi LUNA Terra Crypto Price can go to ZERO ( 0 ) – Watch Before Invest – Luna cryptocurrency Latest News Hindi UST stable coin backed by luna cryptocurrency crashed to $0.60 UST value supposed to be equal of 1 US dollar. Due to this turmoil luna terra crypto coin dumped very hard. it is said that luna coin team is selling their…

Branding Opportunities On The Lightning Network, A How-To Guide

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Leveraging the Lightning Network for branding? Is that even possible? Voltage, a bitcoin infrastructure provider, makes a great case for it. Granted, their “Identity and brand on the Lightning Network” article is in itself a branding effort by the company. That doesn’t mean the information it contains is invalid, though. In fact, they probably hit the nail on the head with this one. Related Reading | Lightning Speed: What’s The Lightning Development Initiative? The company’s CEO, Graham Krizek, is the piece’s author. “One of the interesting things about the Lightning…

BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off – Featured Bitcoin News

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The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agustin Carstens opined: “You just cannot defy gravity … At some point, you really have to face the music.” BIS on Crypto Weaknesses The Bank of International Settlements (BIS) has warned that the danger of decentralized digital money is materializing. The BIS explained in its Annual Economic Report, published Tuesday, that the crypto market sell-off and the collapse of cryptocurrency terra…

Should you be mining BITCOIN? How to ACTUALLY mine Bitcoin in 2022 (the cheapest way)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video I show you how to mine Bitcoin in 2022. We do this with the Gekkoscience Compac F Bitcoin USB miners, which is the cheapest way to mine Bitcoin in 2022. These small USB miners use the same mining chips found in real Antminer Bitcoin ASICs, and can mine Bitcoin when plugged into a PC. I show you where to buy them and how to set them up to mine Bitcoin. But how much money can you make mining Bitcoin…

‘Rush of radical rulemakings’ — Hester Peirce criticizes SEC agenda

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United States Securities and Exchange (SEC) commissioner Hester Peirce said the newly released SEC Agency Rule List is full of “hot-button” topics implemented in an unreasonable hurry, while crypto was ignored. Commissioner Peirce, who is sometimes referred to as Crypto Mom for her strong positive views on cryptocurrency, released a statement concerning the SEC Spring 2022 Regulatory Agenda and the SEC Agency Rule List. Though the SEC list had no entries that made explicit reference to crypto, Perice noted that one of the proposed rules, Amendments to Exchange Act Rule…

DeFi’s Resilience During the Market Slowdown; Bitcoin Slumps Near $20K

“Later this year, we’ll begin sunsetting Coinbase Pro to migrate all advanced trading into one unified Coinbase account, bringing customers access to popular features like staking, Borrow, dapp wallet, and Coinbase Card from a single platform balance.” (Coinbase blog post) … “Over the last few years, we have seen other governments make real progress in establishing a central bank digital currency. The longer the United States government waits to embrace this innovation, the further we fall behind both foreign governments and the private sector. It is time for Congress to…