In an unexpected turn of events, Tesla CEO Elon Musk announced his intention to end the $44 billion Twitter deal via a letter sent to the board of the social media giant. In short, the world’s richest man is not happy with the lack of information Twitter provided about spam and fake accounts. According to the letter, which is addressed to Twitter’s chief legal officer Vijaya Gadde, Musk is terminating the merger because Twitter “appears to have made false and misleading representations” which Musk used as a reference point for…
Day: July 8, 2022
Mel files a case against the mining company he's been working for | MMK
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Mel (JM De Guzman) files a case against the mining company he’s been working for. Subscribe to the ABS-CBN Entertainment channel! Watch full episodes on iWantTFC for FREE here: Visit our official website! Facebook: Twitter: Instagram: #MMK #MaalaalaMoKaya #MMKLogbook ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Musk Scraps $42B Deal to Buy Twitter, Prompting Board to Threaten Suit
Musk Scraps $42B Deal to Buy Twitter, Prompting Board to Threaten Suit Source
Argentinian Exchange Ripio Presents Crypto Educational Textbook and Web3 Metaverse Wallet – Bitcoin News
Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges have laid off some staff to survive the current market, Ripio is expanding to Spain. Ripio Launches Educational Crypto Book Ripio, a Latam-based exchange, made some announcements regarding its product offerings earlier this week. The company presented two products directed to improve the knowledge of…
2 key Ethereum derivatives metrics suggest that $880 was ETH’s bottom
Ether (ETH) price is up 16% since July 1 and has outperformed Bitcoin (BTC) in the last 7 days. The move could be partially driven by investors clinging to their hopes that the Ethereum network transition to proof-of-stake (PoS) consensus will be a bullish catalyst. The next steps for this smart contract involve “the Merge,” which was previously known as Eth 2.0. The final trial on the Goerli test network is expected in July before the Ethereum mainnet gets the green light for its upgrade. Since Terra’s ecosystem collapsed in…
BITCOIN: 🚨 WARNUNG!!! UNTER 20.000$… jetzt 10.000$ !!?!!?
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El volumen de Binance se dispara tras la eliminación de comisiones para comerciar cripto
La política que abarca 13 pares de criptomonedas en todo el mundo para los usuarios de Binance, el exchange más grande por nivel de volumen, se hizo efectiva el viernes a las 14:00 UTC (10 a.m. ET). La medida causó un explosivo aumento en el trading del exchange, con los volúmenes spot de bitcoin/ether subiendo a 320.000 monedas en solo unas horas. El exchange no había registrado ese nivel de volumen ni siquiera en un solo día desde marzo de 2020. Source
Bitcoin Is Undervalued According To This Expert’s Conservative Model
According to Fidelity’s Jurrien Timmer, Bitcoin is currently undervalued. The benchmark crypto has been pushed back to 2020 levels after losing over 70% of its value in the past months. Related Reading | Crypto Traders Lose $280 Million Following Bitcoin’s Break Above $22,000 At the time of writing, Bitcoin has begun showing some green as it makes its way back above its 2017 all-time high levels. The cryptocurrency trades at $21,900 with a 1% profit in the last 24 hours. BTC’s price trends to the downside on the 4-hour chart, but…
5 events that could put an end to the current crypto bear market
Much to the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially set in and brought with it devastating price collapses that have left relatively few unscathed. As the popular topic of conversation now centers on bearish predictions of how low Bitcoin (BTC) will go and how long this iteration of the crypto winter will last, those with more experience on the matter know that it’s virtually impossible to predict the bottom and it would be wise to apply those energies elsewhere. Instead of focusing on the…
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin
Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of England conference in London on Friday. Crypto has the same basic risks as tradition finance and needs “strong guardrails,” Brainard claimed, pointing to the recent downturn in market as proof. Brainard spoke the most general terms throughout her speech. She highlighted recent performance issues in cryptocurrency, such as volatility, correlation with risky equities, liability to bank runs and other risks associated with traditional finance, and over-collateralization as a…