▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Following the FED Meeting most crypto’s have ralled against the dollar. Today we explore the Ethereum price chart to make our technical prediction. To join our trading community to discuss all things crypto and FX, check out the link below: Crypto & FX Traders Club: Using technical analysis today we discover a very critical point on the Weekly chart that is likely to signal the next explosive move in Ethereum and other crypto’s. Up to now, Ethereum has failed to break this…
Month: June 2022
Virtual Currency the ‘Largest Ponzi Scheme in Human History’ – Bitcoin News
The chairman of China’s Blockchain Service Network (BSN) Development Alliance Shan Zhiguang, and his colleague, insisted in a recently published op-ed that virtual currency is “undoubtedly the largest Ponzi scheme in human history.” However, they have said the “value of blockchain technology should not be ignored because of virtual currency.” Opinion Piece Claims 90% of 100 Richest People Have Bad-Mouthed Virtual Currency The chairman of the Chinese Blockchain Service Network (BSN) Development Alliance, Shan Zhiguang, and executive director He Yifan, have said virtual currency is “undoubtedly the largest Ponzi scheme…
Conventional economists sound alarm over cryptocurrency's volatility
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io There are now thousands of cryptocurrencies, and every day it seems a new non-fungible token, or NFT, is marketed. But is “digital mania” just another historic bubble bound to burst? Our economics correspondent Paul Solman explores the digital asset boom. Stream your PBS favorites with the PBS app: Find more from PBS NewsHour at Subscribe to our YouTube channel: Follow us: Facebook: Twitter: Instagram: Subscribe: PBS NewsHour podcasts: Newsletters: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
A Comparison of Global Futures Trading Platforms Shows 5 Advantages of CoinEx Futures
In today’s market, plenty of trading platforms, including mainstream exchanges like Binance, Huobi, Bybit, and KuCoin, have introduced futures contracts. Huobi has extensive experience in futures and provides a wide range of linear/inverse contract markets. However, its market share has fallen sharply, and the platform’s user traffic is also going downhill. Bybit and Binance are both professional futures trading platforms that demand a high threshold. Bad news is that Bybit was chased out of the UK by FCA, while Binance has suffered several security breaches. Futures beginners should avoid professional-focused…
Bear market will last until crypto apps are actually useful: Mark Cuban
Mark Cuban, the billionaire entrepreneur known for his role as one of the main investors on the reality television show Shark Tank, said the crypto bear market won’t be over until there’s a better focus on applications with utility. He also doesn’t think the market has hit “cheap” prices yet. Cuban has stated in the past around 80% of his non-Shark Tank portfolio was in crypto. Appearing on a June 23 episode of the Bankless Podcast, he was asked how long he believes the current crypto bear market will last:…
Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $1.2K
Ethereum declined below the $1,150 zone against the US Dollar. ETH is now at a risk of more losses if it stays below the key $1,200 pivot zone. Ethereum started a fresh decline below the $1,220 and $1,200 levels. The price is now trading below $1,200 and the 100 hourly simple moving average. There is a connecting trend line in place with support at $1,130 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline further is a clear move below the $1,120 support zone. Ethereum…
MakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds
MakerDAO is currently voting on a proposal aimed at helping it weather the bear market and utilize untapped reserves by investing 500 million Dai stablecoins into a combination of US treasuries and bonds. Following a straw poll in a governance ‘Signal Request,’ the decentralized autonomous organization (DAO) members now must decide whether the dormant DAI should go entirely into short-term treasuries or split 80% into treasuries and 20% into corporate bonds. The Maker Governance votes to determine how to allocate 500 million DAI between different investment strategies. This allocation poll…
Michael Saylor – Bitcoin Can CRASH All It Wants… | Bitcoin News
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Michael Saylor – Bitcoin Can CRASH All It Wants… | Bitcoin News 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 Bitcoin crash, and how to navigate the market. In the latest Bitcoin news, Saylor will give his update today on the crash in Bitcoin, and he’ll go over in this latest interview…
Crypto Losses? Koinly Reveals 5 Tax Hacks You Need Now – Press release Bitcoin News
press release PRESS RELEASE. With crypto markets down around 50% in the past month and over 70% from their highs in late 2021, many crypto investors are searching for answers after their profits from the last few years have evaporated into the ether. Following the incredible bull market, crypto investors enjoyed over 2020 and 2021; you may now find yourself nursing losses rather than gains ahead of the upcoming tax season. Crypto tax platform Koinly shares 5 little-known tax hacks you need to know after the crypto crash. 1. Pay…
75% Have Heard About Crypto in Spain, According to the CNMV – Bitcoin News
The results of a new report commissioned by the CNMV, the securities watchdog in Spain, have found that three out of four citizens have heard about cryptocurrencies. However, the report, which included opinions from 1,500 participants, also found that this knowledge is still minimal, and that less than 10% have actually purchased cryptocurrency as a means of investment. CNMV Reveals Results of Crypto Study The CNMV, the institution that oversees the securities markets in Spain, has revealed the results of its latest cryptocurrency report. The study, commissioned by the institution…