Day: July 21, 2022

How Two Asset Managers Are Handling 2022’s Crypto Volatility

At the beginning of the recent drawdown, THOR’s strategies traded out of bitcoin and ethereum and into cash where they remain today. Roth said that his strategies are designed to avoid trading as crypto prices move sideways and that he probably won’t re-enter the market until bitcoin prices break above $24,000 or $25,000. At that point, THOR’s strategies will begin to compound in value again from the lower price without having taken the 50%-to-60% hit that most tokens have suffered in 2022. Source

BTC Falls, as Tesla Sells 75% of Its Holdings – Market Updates Bitcoin News

boss

Bitcoin was trading lower in today’s session, as it was revealed that Tesla had sold 75% of its holdings in the cryptocurrency. The news comes following the company’s Q2 earnings call, where they confirmed converting the token into fiat currency. Ethereum was also lower on the news. Bitcoin Following a recent run of gains, bitcoin (BTC) fell lower in today’s session, after it was revealed that Tesla had sold 75% of its holdings in the token. Tesla stated that, “As of the end of Q2, we have converted approximately 75%…

Coinbase stock has potential to double in 2022 after plunging 90% from record high

boss

Coinbase stock (COIN) price has nearly doubled since its June lows with a potential for much more upside this year, according to a mix of technical and fundamental indicators. COIN’s symmetrical triangle reversal COIN has been undergoing a strong bullish reversal after falling by almost 90% from its record high of $368.90 in November 2021. Coinbase stock price was up over 95% to $75.27 as of July 20’s close when measured from its May 12 local bottom of $40.83. Its recovery led to a symmetrical triangle pattern formation with the…

Cardano (ADA), After 35% Spike, Locks On Next Target: $0.55

boss

It’s no surprise that Cardano has been gaining traction on price. ADA spiked by as much as 35% in just a week with price trend going the same route as last week’s forecasts. If you have been holding and trading Cardano for the longest time then the past couple of weeks have predictably been a great rollercoaster ride. When Bitcoin showed new spark of vigor starting July 19, Cardano was warned of a bearish trend and a potential liquidity happening in the $0.40 range. ADA dipped by 12% which worked…

Gamers plug into DeFi through the new Razer rewards partnership

boss

Gamers and customers of IT and gaming hardware firm Razer are set to plug into the world of decentralized finance (DeFi) through a new rewards swap program in partnership with Cake DeFi. Razer remains a household favorite brand for gamers around the world, with its Razer Gold rewards program allowing gamers to earn and redeem Razer Silver points for a variety of hardware and digital rewards, including Steam games and discount vouchers. Cake DeFi has teamed up with the rewards program from Razer to enable customers the ability to convert…

NFT? BLOCKCHAIN? P2W? KRYPTO? | MÓWIĘ CO CZUJĘ

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Zostań SPONSOREM KANAŁU: Moje vlogi: ★ VLOGI W TEMACIE: Rojo – wykład o grach | MÓWIĘ CO CZUJĘ NAJLEPSZE gry a’la FALLOUT! – Gry Na Receptę Rola wyobraźni dzięki grom, które uruchamiają ją najbardziej. Szczególnie w czasach nacisku na mechaniki pokroju blockchain, P2W, krypto, NFT, P2E czy wszędobylskie mikropłatności. Wszystko kosztem pierwotnej roli, jak i bazowego piękna, gdzie genezą był czysty fun, pomysł na mechanikę, grywalność czy opowiadana historia. NFT Blockchain P2W Pay To Win Bitcoin Kryptowaluty Mikrotransakcje Mikropłatności P2E Pay To…

EHOLD Group Acquires Argentinian Crypto Exchange C-Patex

boss

Latin America is currently dominating the world regarding integrating cryptocurrency into daily life. In 2021, the value of the South American crypto market exploded from $68 million to an incredible $650 million, a ten-fold increase. Such significant growth has attracted the attention of major global blockchain companies to the region. Known for its successful cases in the field of creating and promoting cryptocurrency exchanges, the EHOLD group couldn’t resist building on its success and acquired the Argentine exchange C-Patex to exploit the opportunities in the region to their fullest. Diego…

South Korea postpones 20% tax on crypto gains to 2025

The South Korean government has reportedly postponed the 20% tax crypto gains by two years. The controversial 20% tax on crypto gains was supposed to come into effect from January 1, 2023, but now has been deferred to 2025. The government officials announced their new tax reform plans on July 21, deferring the crypto tax policy to 2025, citing stagnant market conditions and the time required for the preparation of investor protection measures. The initial plans of imposing an additional 20% tax on crypto gains exceeding 2.5 million won ($1,900)…

Masked Men Rob Large Crypto Mining Farm Near Moscow – Mining Bitcoin News

boss

Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers Steal Mining Equipment From Crypto Farm in Russia A crypto mining farm in the village of Kuchino, near the city of Domodedovo in Moscow Oblast, has been raided by thieves, the Russian crypto news outlet Bits.media reported on Wednesday. The mining facility was located…