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Day: July 20, 2022
Tesla Could Face a $460M Impairment Charge on Its Bitcoin Holdings in Q2
The value of the electric automakers’ sizable bitcoin holdings fell significantly in the second quarter. Original
Crypto winter “reinforces” validity of blockchain, says 0x Labs employee
Both the ongoing downturn across cryptocurrency markets, and Ethereum’s upcoming merge were under the spotlight on the second day of ETH Community Conference. The wider Ethereum community descended on Paris for the largest annual European Ethereum event, with key roleplayers, companies and individuals taking part. Related: Will Ethereum Merge hopium continue, or is it a bull trap? Cointelegraph spoke to Jessica Lin, developer advocate for decentralized exchange infrastructure firm 0x Labs, to unpack the biggest talking points in the ETH community. Despite the space continuing to endure a significant market slump,…
UK Markets Bill Extends Banking Rules to Crypto Assets
In the bill, cryptocurrencies are referred to as “digital settlement assets,” (DSAs), meaning “a digital representation of value or rights.” The rules will largely apply to stablecoins – cryptocurrencies whose prices are pegged to another asset, such as the U.S. dollar, along with other digital assets used for payments or settlements. The definition of DSAs laid out in the file also include digital assets used for payments that aren’t “cryptographically secured.” Source
Analysts Suspect the Fed Will Bump Federal Funds Rate by 75 bps Next Week, Others Predict the ‘Biggest Hike in Decades’ – Economics Bitcoin News
Following the recent U.S. consumer price index report that indicated inflation in America has reached a 40-year high, many expect the Federal Reserve to hike the benchmark interest rate by 75 to 100 basis points (bps) on July 26. Blackstone’s Private Wealth Solutions expects the Fed to raise the rate by 75 bps and bankrate.com believes a three-quarter rate hike is in the cards as well. All Eyes on the Fed’s Next Move — Market Strategists Predict a 75 to 100 bps Interest Rate Hike Next Week Next week, roughly…
Best Ethereum miner in 2022 (T-Rex, lolMiner, NBminer?) Ultimate mining software profitability test!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video I go through a test of which Ethereum mining software is the best and most profitable for GPU mining in 2022. This is done by comparing the hashrate as reported in the mining software with the actual current hashrate based on the amount of shares submitted. This is because in Ethereum mining, we aren’t paid for the hashrate, but for the actual amount of shares we submit to the Ethereum mining pool. I show a test made comparing T-rex…
DOGE, ADA Move to Multi-Week Highs on Wednesday – Market Updates Bitcoin News
Dogecoin rose by over 10% in today’s session, as the meme coin closed in on its highest point in almost one month. The token was higher for an eighth consecutive session, while cardano was also in the green, rising for a ninth straight day. Dogecoin (DOGE) Dogecoin (DOGE) was a notable mover on Wednesday, as the meme coin rallied by over 10% in today’s session. The meme coin was one of today’s big gainers, as prices rose to an intraday peak of $0.07657. This surge saw DOGE/USD hit its highest…
South Korean authorities raid 15 entities linked to Terra collapse: Report
Prosecutors in South Korea behind the investigation of Terraform Labs have reportedly executed a search and seizure in 15 firms, including seven crypto exchanges. According to a Wednesday report from News1 Korea, the Joint Financial and Securities Crime Investigation Team of the Seoul Southern District Prosecutors Office raided the offices of Upbit, Bithumb, Coinone, Korbit and Copax as well as other businesses connected to the collapse of Terra. Authorities reportedly obtained data related to TerraUSD (formerly UST) and Terra (LUNA) — now Luna Classic (LUNC) — transactions, in which roughly…
Matter Labs Schedules zkSync 2.0 Mainnet Launch for October
zkSync 2.0, a so-called zkEVM, is a kind of Ethereum scaling solution – a “zero knowledge rollup” – that aims to decrease Ethereum’s high fees and increase the network’s transaction capacity. In comparison to so-called Optimistic rollups, Zero Knowledge rollups like zkSync are considered superior, albeit far more complex for engineers to implement. Source
IPC DE EEUU HOY PUEDE MOVER LOS PRECIOS ASÍ | 📢 CANAL BITCOIN HOY
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🔴Información del canal: 👉 🔴Información de cursos: 👉 ————————————————————————————————————– 🔴Mi Twitter:👉 👉@bitcoinhoydia ————————————————————————————————————– 🔴Canal en Twich: 👉 Twich.tv/bitcoinhoy 🔴Usuario en Tradingview:👉 🔴 Email: 👉eperez@crecetrader.com 👇🏻 ENLACES DE INTERÉS PARA TI: 👇🏻 🔴Calendario macroeconómico: 👉 🔴VENCIMIENTO DE OPCIONES:👉 🔴MAPA DE CALOR DE CRIPTODIVISAS:👉 * NOTA DE RIESGO * DESCARGO DE RESPONSABILIDAD No es un canal de trading ni de proporcionar señales ni tampoco es el objetivo. Nada de esto debe interpretarse como un consejo de inversión, todo análisis y comentarios son sólo para…