Month: June 2022

Bitcoin stocks correlation ‘feels like’ 100% as $30K BTC price frustrates

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Bitcoin (BTC) wicked through $30,000 during June 9 as the Wall Street open revealed an ongoing stocks correlation.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader sees “relief” from US CPI print Data from Cointelegraph Markets Pro and TradingView showed BTC/USD threatening to head lower as the S&P 500 likewise opened with modest losses. The pair had stayed in a tight range through June 8, this following episodes of volatility, which proved dangerous for long and short traders alike. “The correlation between the $SPX and $BTC is again close to 1,…

Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions – Economics Bitcoin News

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U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the House Ways and Means Committee, Republicans criticized Yellen for not knowing about the risks of inflation. A U.S. senator from Wyoming questioned the Treasury secretary’s “pronouncements and decisions” concerning the record gas prices and rising inflation. Yellen Claims Stimulus ‘Produced Excellent Rewards for Americans’ — Republican Senator Says American Rescue Plan ‘Overheated the Economy’ On Wednesday, Treasury secretary Janet Yellen downplayed the theory…

SuperTeam Raises $10M to Build Blockchain Sports Game

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Micheal Saylor Says Current Volatility Irrelevant, Predicts Bitcoin At $1M

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Maximalist Bitcoin holder and the Chairman and CEO of the MicroStrategy company, Micheal Saylor, is still bullish on the Bitcoin despite the bearish market. While commenting on the new regulatory bill of June 07 in an interview with CNBC on June 08, he predicted Bitcoin’s price to be around $1 million in the future. To back his statement, he highlighted the new crypto bill proposed by Democratic Senator Kirsten Gillibrand and Republican Senator Cynthia Lummis to bring the crypto-friendly rules. Saylor added that Bitcoin is a “real thing that is…

VALE A PENA COMPRAR CRIPTOMOEDAS EM 2022? | Bitcoin, Ethereum, DeFi, NFT e muito mais!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Entre na lista de espera para a próxima turma da Mentoria do Mil ao Milhão 4.0: – – – – – Finclass – Aprenda finanças com os melhores do mundo: Abra sua conta gratuitamente na BISCOINT: VALE A PENA COMPRAR CRIPTOMOEDAS EM 2022? | Bitcoin, Ethereum, DeFi, NFT e muito mais! Criptomoedas, Bitcoin, Ethereum, Altcoins, NFTs, DeFi, Smart Contracts, Blockchain, Exchange, Wallets, Halving, Hash, Mineração, Lastro, Peer-to-peer, Proof of Work, Satoshi… você ouviu falar de tudo isso em 2021 (mesmo que talvez…

ETH, BTC Slightly Lower Ahead of Friday’s US Inflation Report – Market Updates Bitcoin News

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BTC was fighting to stay above $30,000 on Thursday, as markets prepare for the release of U.S. inflation data on Friday. Crypto prices mainly consolidated in today’s session, whilst ETH marginally slipped, falling below $1,800. Bitcoin Bitcoin was attempting to stay above $30,000 on Thursday, as traders began to anticipate the latest U.S. inflation report. On Friday, the latest consumer price index (CPI) is expected to show inflation at 8.3%, which is still close to record highs. Prior to the release of this, BTC/USD fell marginally lower on Thursday, hitting…

Self-regulatory orgs for crypto keep ecosystem afloat pending clear regulations

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The crypto market is growing at a rapid pace, with governments and various regulatory bodies actively trying to study and keep up with the growth.  While many policymakers around the globe have come to realize that banning the crypto market is not an option, many are yet to come up with a formidable framework to regulate the nascent market in their respective countries. Even some of the most crypto-friendly countries have only managed to regulate parts of the crypto market such as crypto trading while a significant chunk of crypto-related…

Binance Labs Among Backers of $7.6M Round for Discord Game Tatsumeeko

Tatsumeeko, a Discord-first fantasy massively multiplayer online role-playing game (MMORPG), has completed a $7.6 million seed funding round co-led by DeFiance Capital, Delphi Ventures and BITKRAFT Ventures. The capital will be used to continue development on the game, which will be released on the Ethereum and Solana blockchains, according to a press release provided to CoinDesk. Source