Day: July 15, 2022

Uniswap price risks 45% crash by September despite Robinhood listing

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The latest Uniswap (UNI) chart pattern suggests that investors should be prepared for a correction after gaining nearly 20% over the past week. A 45% UNI price crash ahead? UNI’s price has been trending upward since mid-June inside what appears to be a “rising wedge,” which traditional analysts view as a bearish reversal pattern due to its history of luring bulls into buying fake-out bounces. Therefore, rising wedges resolve after the price breaks below the lower trendline. Traders typically calculate a rising wedge’s downside target by subtracting the distance between…

Flare Celebrates Genesis Event With Open Invitation to Blockchain Devs

Flare, the interoperable layer 1 blockchain, is finally open for business. Its genesis event kicked off on July 14, initiating an eight-week bedding-in period before things kick into high gear with a token generation event. Before then, there’s a lot of action to take in, with new validators joining the network and a grants program rewarding devs interested in building Flare’s first dApps. For Flare CEO Hugo Philion, this moment has been a long time in the making. In a statement, he enthused: “I’m excited to welcome projects to the…

Vladimir Putin Bans Digital Payments in Russia

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Bitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline – Market Updates Bitcoin News

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Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO and BTF have followed bitcoin’s spot market losses, as the bitcoin ETFs have shed between 70% and more than 73% in value since last year’s price highs. Bitcoin Exchange Traded Funds Slide Over 70% in Value Against the US Dollar On November 10, 2021, the crypto economy’s…

President Putin Signs New Law Banning Bitcoin and Crypto as a Means of Payment in Russia

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Summary: President Vladimir Putin has signed into law a new bill banning the use of Bitcoin and cryptocurrencies as a form of payment within Russia. Crypto service providers must now reject any transactions that can potentially lead to using digital assets to substitute the Russian ruble as a payment instrument. The legislation was first filed in the State Duma on June 7th by the Chairman of the Financial Market Committee, Anatoly Aksakov. President Vladimir Putin has signed into law a new bill banning the use of Bitcoin and other cryptocurrencies…

Bitcoin borra sus pérdidas de la semana con una resistencia en $22.6K

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BITCOIN: ECCO LE DATE DEL BOTTOM secondo ARTHUR HAYES | QUESTE ALTCOIN potrebbero CROLLARE ANCORA!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Esaminiamo il nuovo paper di Arthur Hayes che spiega perché secondo lui il bottom sarà tra il 30 Giugno e fine Luglio, e quali altcoin sta accumulando. Seguimi su Telegram: Amici, anche oggi niente live perché sono ancora a Rimini, ma vi faccio un mini-recap delle notizie, che ho visto che vi piace! Argomenti trattati: 00:00 Analisi Bitcoin 03:50 Analisi Ethereum 05:00 Queste altcoin potrebbero dumpare ancora! 07:35 Arthur Hayes: il bottom sarà tra il 30 giugno e il 5 luglio 15:00…

Binance CEO Anticipates Inflation To Grow By 500%

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The current US inflation data has thrown a great tantrum and panic within several market sectors. Different expectations and reactions are surfacing following reports of the inflation data. It seems to be a fact that even the crypto space now receives impacts from inflations and other macroeconomic factors. With reports from the US Bureau of Labor Statistics, different markets are loaded with diverse opinions. However, according to the released data, there’s been an increase of 9.1% in the consumer price index since June last year. This value is more than…