Day: June 24, 2022

Former Chancellor says UK is falling behind on crypto opportunity

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A former Chancellor of the United Kingdom has raised concerns the country is slipping behind its rivals in the European Union when it comes to the regulation of crypto. Philip Hammond, who served as the U.K’s Chancellor of the Exchequer from 2016 to 2019 told Bloomberg that there has been a distinct lack of direction and cohesion when it comes to crypto policy. “Particularly in the area of digital asset trading, I feel that the UK has missed a trick […] We are getting very close to the point where…

Raoul Pal: BUY BITCOIN NOW!! ONLY If you UNDERSTAND this!! – Bitcoin News Today

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, Raoul Pal shares his views on FEDs Interest rate hike that’s upcoming for June. And how that will impact the market by leading it to a Huge Crash. And he suggests how you can make use this as an opportunity to buy cheap!! #Ethereum​ #Bitcoin #solana If you’re new to this channel then I want to welcome you to ”Wealth Sourced”. This channel is all about business/Investing/financial education, helping mainly entrepreneurs grow smarter and more financially stable in today’s…

Apecoin no longer going bananas, Pharrell touts Doodles and more…

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Apecoin, the Ethereum-based token tied to the widely popular and almost definitely probably not 4Chan-related Bored Ape Yacht Club NFT project, saw its market cap drop by 67.2% or $4.3 billion during May and it has continued to slide since. Despite bearish macro factors looming over both crypto and stock markets throughout 2022, May in particular was a difficult month for crypto (thanks Terra!) Much like many other assets, Apecoin was unable to escape the brunt of this downturn, and its market cap declined by $4.3 billion to sit at…

Crypto and Defi Could Pose ‘Real Risks’ to Financial Stability – Regulation Bitcoin News

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The president of the European Central Bank (ECB), Christine Lagarde, says crypto assets and decentralized finance (defi) have the potential to pose “real risks” to financial stability. She has some regulatory suggestions to supplement Europe’s Markets in Crypto Assets Regulation (MiCA) bill. Lagarde on Crypto Regulation ECB President Christine Lagarde talked about cryptocurrency regulation at the European Parliament’s Committee on Economic and Monetary Affairs hearing Monday. She said: We believe, as we are embarking on this work concerning crypto assets and the risk that they pose, that crypto assets and…

Bitcoin Price Eyes Upside Break, Why BTC Could Surge to $23K

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Bitcoin is showing positive signs above the $20,500 zone against the US Dollar. BTC could rally if there is a clear move above the $21,250 resistance zone. Bitcoin remains well supported above the $20,000 and $20,500 levels. The price is now above the $20,500 level and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $20,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $21,250 and…

My Bitcoin Investment Strategy. What I am doing during this time in the market. Billionaires buying!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io My Bitcoin Investment Strategy. What I am doing during this time in the market. Billionaires Buying! This channel was created to share my journey in crypto with the community. I am not a financial advisor and you should never make any financial decisions based on any videos on this channel. Crypto is a risky investment and many lose it all. Make sure you study and do your own research before investing in anything. Make sure you guys subscribe to the channel and…

Moody’s downgrades Coinbase due to bear: Warns it may not be the last

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Moody’s said further downgrades could follow if Coinbase doesn’t diversify from its current revenue model or it’s unable to turn a profit even in a prolonged bear market. Credit ratings agency Moody’s has downgraded the Corporate Family Rating (CFR) and guaranteed senior unsecured notes of crypto exchange Coinbase, and stated that both ratings have been placed under review for further downgrade. The CFR, a rating assigned to reflect Moody’s opinion of a company’s ability to honor its financial obligations, was downgraded from Ba2 to Ba3 which is considered as below…

घर बैठे BITCOIN कैसे MINE करें | How is Bitcoin Mining Done At Home

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io WazirX Sign Up Link – WazirX YouTube Channel: WazirX Merchandise- Hey guys, this is Gaurav and I’m back again with another interesting video, in this video, we are going to discuss some of the real aspects of cryptocurrency mining, like- How can you mine crypto in various ways that are both costly, yet economical? There are also some discussions about the world of cloud mining and how it is a revolutionary way of mining cryptos, without having to invest heavily into the…

‘Bad’ crypto projects should not be bailed out says Binance founder CZ

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Binance founder and CEO Changpeng “CZ” Zhao argues that “bad” crypto projects should be left to fail and not receive bailouts from crypto firms with healthy cash reserves. In a June 23 blog post, CZ said that firms that have been poorly operated, poorly managed or have released poorly designed products shouldn’t receive bailouts — and should instead be left to crumble: “In short, they are just ‘bad’ projects. These should not be saved. Sadly, some of these ‘bad’ projects have a large number of users, often acquired through inflated…

Harmony’s Horizon Bridge hacked for $100M

The Horizon Bridge to the Harmony One layer-1 blockchain has been exploited for $100 million in altcoins which are being swapped for Ether (ETH). The hack may vindicate previously raised community concerns about the robustness of the two of four multisig that reportedly secures the bridge. Starting at about 7:08 am until 7:26 am ET, 11 transactions were made from the bridge for various tokens. They have since begun sending tokens to a different wallet to swap for ETH on the Uniswap decentralized exchange (DEX), then sending the ETH back…