Month: June 2022

Sam Bankman-Fried provides bailouts, โ€˜Bitcoin deadโ€™ searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19โ€“25

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Coming every Saturday, Hodlerโ€™s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more โ€” a week on Cointelegraph in one link. Top Stories This Week ย  ย  SBF and Alameda step in to prevent crypto collapse contagion Sam Bankman-Fried stated on June 20 that his firms Alameda Research and FTX would be โ€œstepping inโ€ to help companies with liquidity troubles amid the current bear market. Over the course of the…

Bitcoin PUMP CAUTION: Crypto Bottom IS NOT IN.๐ŸšจAvoid this HUGE MISTAKE๐ŸšจCryptocurrency News Updates

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Bitcoin may still see ‘wild’ weekend as BTC price avoids key $22K zone

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Bitcoin (BTC) focused on $21,000 into the weekend amid warnings that volatility could still consume the market before Monday. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView S&P 500 sees second best week of 2022 Data from Cointelegraph Markets Pro and TradingViewย showed BTC/USD broadly higher in its recent trading range after U.S. stocks ended the week strong. As noted by markets commentators Holger Zschaepitz, the S&P 500 sealed its second best week of 2022, indicative of modest relief across risk assets. In case you missed it: S&P 500 has gained >6%…

Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice โ€“ Bitcoin News

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After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted โ€œpeople familiar with the matterโ€ who said Celsius was hiring restructuring lawyers. At the time, the WSJ said Celsius was looking to hire the bankruptcy and restructuring law firm Akin Gump Strauss Hauer & Feld LLP. However, a new report from the WSJ claims sources say that Celsius is now working with the restructuring advisory firm Alvarez & Marsal. Sources Say Celsius May Be Collaborating With…

Blockchain Wallet| How To Create Blockchain Bitcoin Wallet | Blockchain Tutorial | Edureka Rewind -6

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ( Blockchain Training : ) This video on Blockchain Wallet helps you to learn following topics: 1. Why we need Blockchain Wallet? 2. What is Blockchain Wallet? 3. Features of Blockchain wallet 4. Types of Wallet 5. Comparing Blockchain Wallet 6. Demo – Transferring Currency across Wallets Subscribe to our channel to get video updates. Hit the subscribe button above. For doubts & queries on Blockchain, post the same on Edureka Community: #Blockchain #Blockchaintutorial #Blockchainonlinetraining #Blockchainforbeginners How it Works? 1. This is…

Bitcoin Coinbase Premium Gap Approaches Zero, Selloff Ending?

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On-chain data shows the Bitcoin coinbase premium gap has improved recently and is now approaching a neutral value, suggesting the selling pressure may be drying up. Bitcoin Coinbase Premium Gap Close To Zero, But Still Negative As pointed out by an analyst in a CryptoQuant post, the selling pressure from US investors seems to have reduced in recent days. The โ€œCoinbase Premium Gapโ€ is an indicator that measures the difference in the Bitcoin prices listed on crypto exchanges Coinbase (USD pair) and Binance (USDT pair). The quant notes that US…

Crypto Exchange FTX Interested in Acquiring a Stake in BlockFi: Report

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The Bahamas-based digital asset exchange FTX is reportedly interested in acquiring a stake in crypto lender BlockFi. The Wall Street Journal reports discussions between the firms are ongoing and that no equity agreement has been reached yet, according to anonymous sources. Earlier this week, FTX agreed to provide BlockFi with a $250 million line of credit. Zac Prince, BlockFiโ€™s chief executive, said the money is โ€œintended to be contractually subordinated to all client balances across all account types (BlockFi interest account, BlockFi personal yield and loan collateral) and will be…

Bitcoin Selling By Miners Could Continue into Q3 if BTC’s Price Does Not Improve – JP Morgan

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Summary: Bitcoin miners needing to sell could weigh down on the price of BTC for some time. According to analysts from JP Morgan, miners offloading Bitcoin to cover costs could continue into the third quarter of 2022 if the value of BTC does not improve. However, selling pressure could reduce, given Bitcoin production costs have dropped from $18k โ€“ $20k to $15k due to new machines being energy efficient. Bitcoin miners needing to sell their coins could continue to weigh down the price of BTC for some time. According to…

(03.06) Ethereum spada! Czekamy na wybicie! + USDPLN

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A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday โ€“ Bitcoin News

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While the price of bitcoin is holding above the $21K per unit range, four bitcoin block rewards mined in 2010 were spent for the first time in over 11 years. The four block rewards were mined between September and October 2010 and the 200 bitcoin worth $4.27 million were transferred to an unknown wallet. 4 Consecutive Block Rewards Spent on June 24, Data Suggests Spends Were Executed by a Single Entity A large number of so-called โ€˜sleeping bitcoinsโ€™ have awoken from slumber as four block rewards were spent at block…