2022 bear market has been the worst on record — Glassnode

Several factors have contributed to making the current crypto bear market the worst ever recorded as most Bitcoin traders are underwater and continue to sell at a loss, according to Glassnode. Blockchain analysis firm Glassnode’s June 24 report titled A Bear of Historic Proportions outlines how Bitcoin’s current dip below the 200-day moving average (MA), negative deviation from realized price, and net realized losses have conspired to make 2022 the worst in Bitcoin’s history. “In the midst of this, Bitcoin and Ethereum have both traded below their previous cycle ATHs which is…

Cryptocurrency Is the Perfect Commodity

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My Liquidity Partner (MLP) Is Now Available for Trading on LBank Exchange – Press release Bitcoin News

press release PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 27, 2022 – LBank Exchange, a global digital asset trading platform, has listed My Liquidity Partner (MLP) on June 23, 2022. For all users of LBank Exchange, the MLP/USDT trading pair is now officially available for trading. Utilizing liquidity partners’ crypto within the liquidity pools, My Liquidity Partner (MLP) enables them to receive a weekly passive income from a major DEX with over $1 Trillion U,S. Dollar in trade volume. Its native token MLP has been listed on LBank Exchange at 22:00…

Mining Ban Sparks Negative Reactions From Iran’s Crypto Community – Mining Bitcoin News

The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity shortages during the hot summer months. Restrictions on Crypto Mining Are Ousting Iran From Global Coin Minting Industry, Critics Say After last year crypto miners were forced to deal with interruptions in power supply on more than one occasion, the Iran Power Generation, Transmission and Distribution Company (Tavanir) has told them to halt operations again, until the end of this…

Michael Saylor – "The SCARY Truth No One Is TELLING YOU…" | Bitcoin News | Crypto

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Michael Saylor -“The SCARY Truth No One Is TELLING YOU…” | Bitcoin News | Crypto Currencies ($) Michael Saylor is an American entrepreneur and the CEO of Microstrategy. He is one of the most well-known figures in the Bitcoin community, and in the news today. He knows everything there is to know about the current cycle, and selling Bitcoin. In the latest Bitcoin news, Saylor will give his update today. He’ll go over in this latest interview why he thinks Bitcoin is…

Cardano Formed This Pattern On Its Chart, Where Is The Coin Headed?

Cardano was bullish on the chart, as market movers picked up optimistic price movement, so did ADA. Over the last 24 hours, the coin rose close to 6% and in the last week, and in the past week ADA secured a 12% gain. The coin has been trading between the range of $0.46 and $0.51 over the last few days. Price of Cardano has steadied itself at the $0.51 price level. Both Bitcoin and Ethereum also logged double digit gains in the past week. Technical of ADA pointed towards bullishness,…

FINALLY Compare Bitcoin investment in 2020 ($7,000 a Coin) With a Investment Duplex and Owner Duplex

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ANZ’s stablecoin used to buy tokenized carbon credits

ANZ’s stablecoin A$DC has been used to buy Australian tokenized carbon credits, marking another critical test of the asset’s use cases in the local economy. In March, the “Big Four” bank became the first major Australian financial institution to mint its own stablecoin after overseeing a pilot transaction worth 30 million AUD ($20.76 million) between Victor Smorgon Group and digital asset manager Zerocap. ANZ’s stablecoin is fully collateralized by Australian dollars (AUD) held in the bank’s managed reserved account. So far, A$DC transactions have primarily been conducted over the Ethereum…

Harmony offers $1M bounty, but is it big enough?

The Harmony layer-1 blockchain project team has offered a bounty equal to just 1% of the $100 million in crypto stolen from the Horizon Bridge hack last week.  Harmony tweeted on June 26 that the team had committed $1 million for the return of the funds that were stolen from the Horizon Bridge on June 23. It added, “Harmony will advocate for no criminal charges when funds are returned.” We commit to a $1M bounty for the return of Horizon bridge funds and sharing exploit information. Contact us at whitehat@harmony.one…

Anonymous vows to bring Do Kwon’s ‘crimes’ to light

Hacktivist group Anonymous has pledged to “make sure” Terra co-founder Do Kwon is “brought to justice as soon as possible” in regards to the collapse of the Terra (LUNA) and TerraUSD (UST) ecosystems in May.  On Sunday, a video purportedly coming from the Anonymous hacker group rehashed a laundry list of Kwon’s alleged wrongdoings, including cashing out $80 million each month from Luna and TerraUSD prior to its collapse as well as his role in the fall of stable coin Basis Cash, for which Do Kwon allegedly co-created under the…