Month: June 2022

Does crypto have a future in India? | cryptocurrency | crypto news today | क्रिप्टो का क्या भविष्य

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Namaskar dosto aaj ke is video me ham janege ki india me crypto ka kya future hoga and is video me maina apko bitcoin ka price prediction kar ke bataunga. #Crypto #cryptocurrency #cryptonews #cryptotrading #cryptocrash #cryptotax #cryptocurrencyindia Connect with Me! Join Me on Telegram ➡️ Join Me on Twitter ➡️ Join Me on Instagram ➡️ Website ➡️ Topic Covered: cryptocurrency crypto news today cryptocurrency kya hai crypto news cryptocurrency news today crypto tax crypto india crypto mining crypto jargon crypto tax india…

Dogecoin Has Formed A Bullish Reversal Pattern, What’s Next?

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Dogecoin’s price has been optimistic over the last week. The coin secured double digit gains over the last seven days, it rose by nearly 20%. The meme-coin has been experiencing rigid resistance at the $0.07 level and if it trades around the current price level, it could fall to its next support line of $0.05. The bulls have tried to show signs of recovery as the coin tried to move upwards slowly over the past few days. On the shorter time frame, DOGE has lost some of its market value.…

Chip Maker Nvidia Isn’t an Ether Proxy, Bitcoin Holds Near $21K

The largest cryptocurrency by market capitalization was recently trading at about $20,800, down over 1% in the past 24 hours. Ether, the second-largest crypto by market cap, was changing hands at roughly $1,200, down less than a percentage point but about the same level it has held for the past week, as investors continued their cautious approach to riskier assets. Trading was light. Source

Mining Bitcoin in the 1956 Secret Underground Bunker – 1193

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SEC Chair Gensler Affirms Bitcoin Is a Commodity — ‘That’s the Only One I’m Going to Say’ – Regulation Bitcoin News

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says bitcoin is a commodity. He emphasized that the SEC, the Commodity Futures Trading Commission (CFTC), and banking regulators will collaborate to oversee the crypto sector. Gary Gensler: Bitcoin Is a Commodity SEC Chairman Gary Gensler clarified his position on cryptocurrency, particularly bitcoin, in an interview with Mad Money host Jim Cramer on CNBC Monday. “This is a highly speculative asset class. We’ve known this for a long time,” Gensler said when asked about cryptocurrency. Citing the “ups…

CoinFLEX to Launch a $47M Recovery Token to Solve Withdrawal Issues

When asked of a potential bank run on Bloomberg TV Monday evening, CEO Mark Lamb said he’s unconcerned this scenario would occur as customers can withdraw their funds once the new token fundraise is complete. Lamb also said CoinFLEX plans to boost transparency for future positions, notional value of accounts, margin, and will use an external auditing firm to do so. Source

Ethereum Liquidity Provider XCarnival Recovers 50% Of Stolen ETH Through Negotiations

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Ethereum ecosystem liquidity provider XCarnical has recovered 1,467 Ether (ETH) just a day after suffering an attack that cost them 3,087 ETH, worth about $3.8 million on their platform. The hack was first noticed by Peckshield, a blockchain investigator, as it came across a stream of transactions that eventually led to 3,087 ETH being stolen from the protocol. The blockchain investigative firm stated, “The hack is made possible by allowing a withdrawn pledged NFT to be still used as the collateral, which the hacker then exploits to drain assets…

BREAKING: TEXAS IS MINING BITCOIN

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Ethereum Fees Touch Monthly Lows As Transaction Volumes Plummet

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Ethereum fees had touched new highs thanks to the popularity of the decentralized finance (DeFi) space. As network activity had grown, so had the transaction volumes. The effects continue to linger even into the bear market, although fluctuations between low and high are now more common in the space. Presently, transaction volumes have fallen sharply and ETH fees have now plummeted to monthly lows. Ethereum Transactions At $0.5 Ethereum transaction fees have declined to one of their lowest points this year. Gas costs which have been fluctuating between high and…

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…