Month: June 2022

Billionaire Jeffrey Gundlach Says He Wouldn’t Be Surprised at All if Bitcoin Falls to $10K – Markets and Prices Bitcoin News

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Doubleline Capital CEO Jeffrey Gundlach, also known as the “bond king,” says he would not be surprised at all if the price of bitcoin falls to $10K. “We’ve already seen around the edges some blowups in parts of the crypto world, and that could be foreshadowing some problems,” he explained. ‘Bond King’ Jeff Gundlach Discusses Bitcoin Falling to $10K Billionaire investor Jeff Gundlach shared his bitcoin outlook in an interview with CNBC Wednesday. Gundlach is the CEO of Doubleline Capital, which has over $137 billion in assets under management (AUM).…

XRP Continues To Move Laterally, Does It Have A Bearish Target Now?

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XRP has been hovering within a price range over the past few days. Over the last 24 hours, the coin attempted to move slightly on the upside. The market movers also noted slight uptick on their charts after the Federal Reserve raised interest rates by 75-basis points. Technical outlook for XRP continues to paint bearish picture for the coin. The altcoin could soon attempt to move near its next support zone. Price of XRP has just managed to remain above the $0.30 mark. Immediate fall will push the coin to trade…

ETHEREUM WINS DIGITAL CURRENCY RACE!! (Whales Hold Most CASH In 20 YEARS)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today we will be discussing major investors increasing their cash holdings to the highest levels since the 9/11 attack. Do they know something we don’t? Next, we’ll look at Norway’s central bank tapping Nahmii, an Ethereum layer 2 for its CBDC. Lastly, we’ll talk about AAVE launching a decentralized NFT-based social media platform Lens. Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts include Andrew Mo, Altcoin Daily, Mine Your Biz,…

Portfolio in the red? How tax-loss harvesting can help stem the pain

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“If you’ve made a sale during the tax year, and you’ve sold at a loss, there’s basically a benefit there,” says Koinly’s head of tax. Crypto investors — particularly those that bought in toward the top of the market in 2021 — may be able to find some salvation through a tax-saving strategy called “loss harvesting” according to Koinly’s head of tax.  Koinly is one of the most widely-used crypto tax accounting firms online. Head of tax Danny Talwar told Cointelegraph that while most retail investors are aware of their…

When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won’t Have a Place; Bitcoin Sinks Toward $20K

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“I’ve been seeing a lot of speculation about BlockFi’s risk management practices that I want to address. While our policy is to not comment on specific counterparties, we are committed to providing as much transparency as possible, and it’s important to know the following:” (BlockFi CEO Zac Prince) … “Spot ETPs have launched in other countries without incident and with great investor interest. In Canada, for example, the first spot bitcoin ETP reached $1 billion Canadian dollars in assets under management a month after launch in 2020.[17] Spot crypto ETPs…

Coinbase Borsasındaki Gizli Testler ile Para Kazanıyoruz #airdrop

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Herkese Selamlar arkadaşlar.Bugün sizlere coinbase borsası ile nasıl gizli testlere erişip para kazanıcağınızı anlattım videomu beğendiyseniz beğenmeyi ve kanalıma abone değilseniz abone olmayı unutmayın. #coinbase #airdrop ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says – Regulation Bitcoin News

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Cryptocurrencies can be used for international payments if they don’t penetrate the Russian financial system, the head of Bank of Russia has stated. The governor also insisted that the digital assets should not be traded on platforms operating inside the country. Bank of Russia Chair Ready to Accept Cryptocurrency Payments for International Settlements Cryptocurrencies can be employed in international payments if they do not “penetrate” the financial system of the Russian Federation, according to Elvira Nabiullina, governor of the Central Bank of Russia (CBR). The official added that these digital…

Metaverse Project GensoKishi Online Holds 2nd NFT Auction – Press release Bitcoin News

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press release PRESS RELEASE. GensoKishi, a new fantasy world economy with blockchain technology by incorporating elements of NFT and GameFi on the Metaverse is pleased to announce its 2nd commemorative NFT Auction to be held from June 15th, 2022 at 18:00 (UTC+8) to June 22nd, 2022 at 17:59 (UTC+8) ! The 2nd round NFT auction will feature a wide range of Cosplay Equipment NFTs, from Legend-class NFTs, which will all be one-of-a-kind exclusive items, to SuperRare-class, Rare-class, and Normal-class items. As we had a number of bids during the 1st…

Bitcoin Funding Rates Remain Negative But Open Interest Tells Another Story

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Bitcoin funding rates have been dropping over the last couple of weeks. Even as the price of the digital asset had plummeted, causing some to call it being on ‘discount’, these funding rates have refused to move out of the negative territory. The past week has proven to be no different given that funding rates have exited the neutral territory entirely and remain low. Funding Rates Refuse To Budge Coming out of the last week has been a hard one for the crypto market. The bloodbath had sent the majority…

Is The Bitcoin Halving The Key For A BTC Price Bottom?

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Bitcoin is still holding above $20,000 despite a massive increase in selling pressure over the past few days. The cryptocurrency has experienced some of the worst capitulation events in its history and could be read for a fresh leg-down. Related Reading | Bitcoin Exchange Reserve Spikes Up, Selloff Not Over Yet? At the time of writing, BTC’s price trades at $20,700 with a 7% and 31% loss in the last 24 hours and 7-days respectively. Market participants seem to be expecting new highs, but a resume in bullish momentum could catch…