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Day: July 14, 2022
Brazilian Congress Postpones Crypto Bill Vote Until After October Presidential Elections
Deputies were originally scheduled to consider the text this week, which has already been approved by the Senate. Source
Litecoin Rejected At $55, Bears Might Drag LTC Below Immediate Support Line
Litecoin attempted to rise on its chart, however, the bears were still strong on the chart. Although the coin showed some recovery, technical outlook pointed towards further decline. Bitcoin too has lost steam as the coin plunged below the $20,000 mark. Broader market weakness can be attributed to Litecoin’s downward price movement. Closest support line for LTC stood at $45 and the price of the coin was trading very close to the aforementioned support level. The latest drop in price over the past 4 days have invalidated LTC’s weekly gains.…
"Bitcoin está es una NUEVA ETAPA que nadie conoce!" | Raoul Pal en español
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ► Recibe una acción GRATIS! (hasta 100€): ► Únete a la Comunidad: Raoul Pal, en esta exposición, comenta la posibilidad de estar presenciando un cambio en el paradigma de las criptomonedas. Todo parece indicar, pese a las vicisitudes que está atravesando el mercado actualmente, que la aceptación de la red sigue creciendo, lo que desemboca en una menor volatilidad de las monedas. — “Nunca más serás pobre” Robert Kiyosaki – 7 cosas que no te cuentan sobre los RICOS – Mejores frases…
EU Regulator Warns About Crypto — Questions Whether Many Will Survive – Bitcoin News
European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whether many crypto assets will survive. ESMA Chair on Crypto Risks and Regulation Verena Ross, chair of the European Securities and Markets Authority (ESMA), has cautioned investors about cryptocurrency investing after the crypto market lost 70% of its value, the Financial Times reported Sunday. Emphasizing that there was no prospect of a European bailout for out-of-pocket crypto investors, she…
First Mover Asia: M&A Bankers See Crisis as Opportunity, With Celsius and Inflation in Focus
One analyst says “meh” as bitcoin climbs back above $20K, as reports surfaced that the troubled crypto lender Celsius might be teeing up a bankruptcy filing. Mergers & acquisitions bankers are seeing a slew of deals stemming from the current market crisis. Source
Web 3.0 Architecture | Youtube on Blockchain | DApp Architecture | Blockchain Primer
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This video covers what Web 3.0 is all about with an architecture diagram of the end-to-end stack. 📌 Chapter Timestamps =================== 00:00 – Intro 00:23 – Agenda 01:28 – Evolution of Internet 09:28 – Web 3.0 Architecture deep dive 15:24 – Case Study – YT on Web 3.0 18:58 – Summary 📌 Related Links ============= 🔗 Terraform Getting Started: 🔗 Terraform Architecture: 🔗 Terraform setup: 🔗 Github code: 🔗 Terraform Providers: 📌 Related Playlist ================ 🔗 Terraform Playlist – 🔗Spring Boot Primer…
Celsius reportedly filing for bankruptcy ‘imminently’
Crypto lending platform Celsius has reportedly filed for Chapter 11 bankruptcy, with its lawyers starting to notify individual U.S. state regulators as of Wednesday, July 13. The news was reported by CNBC and referred to an unnamed source, who asked not to be named as the proceedings were private. They said that the company planned to file the Chapter 11 paperwork “imminently.” It comes just days after the embattled lending platform replaced its previously hired law firm Akin Gump Strauss Hauer & Feld LLP with Kirkland & Ellis LLP, the…
Celsius Starting Bankruptcy Proceedings: Report
Crtypo lender’s lawyers are notifying state regulators, source tells CNBC. Source
Red Hot Inflation Tumbles Ethereum By 5%
The US consumer price index, a comprehensive indicator of prices for goods and services used in daily life, increased to 9.1% over the previous year. The traditional and cryptocurrency markets have collapsed as a result of this announcement. Prices for the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), fell by almost 5%. It didn’t plummet as much, though, as was expected. Ethereum Fall To Inflation At the time of the CPI report, the price of the second-largest cryptocurrency fell as low as $1,019 per unit. Before the announcement, the…