The leading cryptocurrency in the world, Bitcoin (BTC), saw its worst quarter-over-quarter drop in 11 years. According to data from CoinGecko, BTC has lost over 57.43% in the second quarter of 2022. Additionally, by selling below $19,000 on the final day of Q2, Bitcoin had its most significant quarterly loss in more than a decade. The current state of the Bitcoin market is not good. The position was favorable even at the end of Q1 when it was approaching close to $50,000. But after that, things became more complex, and…
Day: July 1, 2022
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io *Beware of spammers, scammers and imposters in the comments. *This is not financial advise, I am not a financial advisor, this is for educational purposes only. Check out this new bitcoin mining app! This is a free bitcoin mining for android and iphone users. We will go over how to mine bitcoin on your phone for free with the ember app. Ember Mining App #miningapp #freeminingapp #btcminingapp Okley Dokley Tech hustler here, in today’s YouTube video we will review the new free…
Hxro Begins Testing Crypto Derivatives Trading Platform on Solana
Hxro’s “alpha sandbox” won’t put traders’ real money at risk, co-founder Dan Gunsberg told CoinDesk. That’s because the contract collateral is $UXDC (a play on USDC and Hxro), a valueless, simulated stablecoin Hxro minted to stress-test the network before public launch. Source
LTCM and Other History Lessons for Crypto
Here’s just one famous LTCM strategy: The algorithm identified situations where the spread had widened between the yield on the most recently issued 30-year U.S. Treasury bond and that of an “off-the-run” bond, such as one issued a year earlier (essentially, a 29-year bond). Historically, investors pay a modest liquidity premium for “on-the-run” bonds (which means their yields are slightly lower than the off-the-runs) but, given that both investments represented the same “risk-free” exposure to the U.S. government, the idea was that the spread between the two shouldn’t deviate too…
Ashanti aims to bring women to Web3, says “owning is important” at NFT music meetup
The billion-dollar music industry is undergoing a major transition as artists begin to understand the potential of owning their work through nonfungible tokens (NFTs). Ashanti, the multi-platinum-selling singer, actress and co-founder of EQ Exchange — a women-led Web3 platform — recently shed light on this during a Cotton Candy Records meetup that took place on June 20 in New York. Speaking on a panel alongside Janice Taylor, founder and CEO of EQ Exchange, Ashanti went into detail about how important ownership is for creators today. Drawing from personal experience, Ashanti…
Experts weigh in on European Union’s MiCa crypto regulation
European Union officials recently agreed on a landmark law called the Markets in Crypto-Assets (MiCa) framework that provides guidance for crypto asset service providers (CASPs) to operate within the Europe region. Following this, experts reacted with varying opinions, from supporting the decision to explaining how it would have adverse effects. According to Richard Gardner, CEO of trading technology firm Modulus, the new development provides a clearer picture for CASPs as to what is expected by the authorities. Gardner explained that: “Not everything contained in it is going to appeal to…
Tether Reduces Commercial Paper Holdings Almost 60% as It Tackles Quality Concerns
Stablecoin issuer Tether has cut its holdings of commercial paper by 58% to $8.5 billion, with a further reduction to $3.5 billion expected at the end of the month as it seeks to tackle speculation about the quality of support for its dollar-pegged USDT token. Source
Futuros de bitcoin y ether acumulan casi $200M en liquidaciones por estrangulamiento de posiciones cortas
La volatilidad de los precios resurgió a medida que se renovaron los signos de recesión inminentes entre los inversores, dijo un analista. Original
Ethereum (ETH) Bends Toward $1,000 As Doubt Fills Crypto Markets
Ethereum (ETH) traded in tandem with risky assets on the final session of the first half of the year, due to persisting fears of greater inflation and rising interest rates. Some analysts say this might set the stage to more decreases heading into the third quarter. Following a four-day losing skid, ETH’s price fell roughly 6 percent to $1,044 on Thursday. The ETH/USD pair has also broken below its interim rising trendline support, creating an “ascending triangle” pattern in conjunction with a horizontal trendline resistance to the upside. The Ethereum…
Cryptocurrency में भारी गिरावट, 2-3 दिनों में $200 Billion Market Cap साफ | CNBC Awaaz
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency की दुनिया में मानों भूचाल सा आ गया है, 2-3 दिनों में $200 Billion Market Cap साफ हो गया है। Share Market से जुड़ी हर छोटी या बड़ी खबर, चाहे हो Nifty में आए नए हाई या फिर, हो आपके के लिए स्टॉक्स पर राय, बिजनेस न्यूज हो या पॉलिटिकल न्यूज, कोरोनावायरस की न्यूज हो या फिर इलेक्शन, देखें CNBC Awaaz और रहे हर खबर से updated. #cryptocurrency #marketcap #CNBCAwaaz #CNBCAwaazLive #BusinessNewsLive #AajKaTajaKhabar #StockMarketLive #ShareMarketLive cnbc awaaz live,cnbc awaaz live streaming,cnbc…