Day: June 27, 2022

China’s Blockchain Service Network (BNS) Chair Tags Bitcoin A Ponzi and Stablecoins Fine If Regulated

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As the Chinese government continues to celebrate the decline of the cryptocurrency market, a top Chinese blockchain expert has called crypto a Ponzi scheme. The CEO of Red Date Technology, one of the leading tech firms in developing China’s major blockchain project, Yifan He, recently wrote an article where he explained the Ponzi-like nature of various kinds of cryptocurrencies. The local newspaper, The People’s Daily, published the article on Sunday. In the piece, Yifan tagged private cryptocurrencies as the “biggest Ponzi scheme in human history.” Yifan also mentioned the collapse…

“Buy The Dip” Sentiment Fails To Save Crypto Market, New Data Reveals Why

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Since crypto prices have fallen to their lowest point, now is the ideal time to “Buy-the-Dip.” But during these brief price declines, traders appear to be shorting cryptocurrency more than they are buying it. “Buy-the-Dip” Sentiments Does Not Stop Crypto Shorting More short sales or shorting occur in altcoins than in bitcoin. In the past day, short holdings in Bitcoin (BTC) have averaged roughly 51% across exchanges, while short positions in altcoins have averaged about 55%. BTC/USD hovers around $20k. Source: TradingView Santiment, an on-chain analytics tool, states that data…

The Most Honest Assessment Of Bitcoin Right Now | Nic Carter Full Interview

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Subscribe to the NEW Best Business Show Live Channel. This channel will be only be clips from the show only going forward The Best Business Show Is LIVE 11AM-1PM EST Monday – Friday discussing Bitcoin, Finance, Crypto & everything in between. Check out our Store! Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at View open…

Solana’s Macalinao Brothers Double Down on Crypto Venture Fund

Protagonist lists four people with the title “Co-founder and GP” – brothers Dylan and Ian, plus fintech company Pipe’s CEO, Henry Hurst, and George Bousis, a self-described angel investor. Corporate attorney Sevan Avakian is Protagonist’s general counsel and partner, and Jiani Chen is an investment partner, the website said. Source

Morocco’s Central Bank to Unveil Crypto Regulation Bill Soon – Regulation Bitcoin News

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The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the bank’s governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory framework being worked on will result in Morocco’s money laundering and anti-terrorism financing regulations being upgraded. Crypto Regulation Best Practices A Moroccan central bank committee is working to put in place an appropriate regulatory framework for cryptocurrencies, Bank Al-Maghrib (BAM) governor Abdellatif Jouahri has reportedly said. The governor also revealed his institution has engaged both the International Monetary Fund (IMF)…

Bitcoin Monthly Tags Lower Bollinger Band, Tool’s Creator Hints At Bottom

Bitcoin price action on monthly timeframes has made a historic move to the touch the lower Bollinger Band – a popular technical indicator and volatility measuring tool. Although he warns there isn’t yet a sign that a bottom is in, the tool’s creator says where price action tapped is a “logical” level for such a bottom to occur. Unprecedented Bitcoin Price Action Taps Monthly Bollinger Band For First Time In History Expectations for Bitcoin price in 2022 were closer to $100,000 per coin and above. Yet the top cryptocurrency today…

Sipher, cả một vũ trụ Blockchain – Tín Nguyễn, CEO Sipher | VI S2 EP19

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io [English caption below] Đừng quên đăng ký theo dõi kênh YouTube của Vietcetera nhé: Doanh nhân và nhà khởi nghiệp chuyên nghiệp Nguyễn Trung Tín vừa cho ra mắt tựa game blockchain bom tấn có tên là SIPHER, dự án trò chơi vừa được rót vốn 6,8 triệu đô từ các nhà đầu tư hàng đầu thế giới trong lĩnh vực này. 10.000 nhân vật đầu tiên của Sipher được bán hết trong vòng 15 phút giúp Sipher lọt top 20 NFTs…

Central African Republic president launches crypto initiative following Bitcoin adoption

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Faustin-Archange Touadéra, president of the Central African Republic, has announced the government will be backing an initiative centered around developing the country’s blockchain infrastructure. In a Monday announcement on Twitter, Touadéra said the CAR government would be launching Sango, a crypto initiative proposed following the country’s adoption of Bitcoin (BTC) as legal tender in April. According to Sango’s website, the government intends to launch the program during a July 3 event in which the president, members of his cabinet and industry experts will discuss the physical and digital infrastructure needed…

‘Crypto is just like the end of the 90s with the internet bubble,’ says Hodl CEO Maurice Mureau

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For Maurice Mureau, CEO of crypto investment fund operator Hodl, there’s “not a lot left” to invest in anymore. With soaring inflation, bonds are no go, real estate is getting more difficult, but there is one asset class that’s (unsurprisingly) catching the fund manager’s attention – cryptocurrencies. During the European Blockchain Convention in Barcelona this week, Cointelegraph Editor Aaron Wood sat down with Mureau, who gave his insight on the outlook of the digital assets investment landscape. “It’s just like the end of the 90s with the internet bubble, so…