▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Who is causing the great crypto crash of 2022? Is it Terra Luna? Joe Biden? The Federal Reserve? Find out IN THIS VIDEO! Hit Like, Share, and Subscribe for more daily cryptocurrency news Coinspaid – the largest crypto processing – CoinsPaid Telegram Chat: Twitter: Token page Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:44 – Do Kwon & Terra Luna 2:07 – Terra Collapse Wasn’t Main Factor in the…
Day: July 22, 2022
Ether Breaks $1.6K on Merge Hype; Crypto Funds Price In July Rate Hike
The market has been decisively pricing out the probability of a 100bps hike in the July FOMC, trading fund QCP Capital said. Source
Bitcoin Mining Difficulty Sees Largest Drop Since July 2021 as Miners Feel the Texas Heat
The bitcoin mining difficulty adjusted downwards as miners unplugge their machines amid U.S. heatwaves. Source
Cardano Might Drop By 20% Despite Vasil Fork News Excitement
Cardano (ADA) fell on July 21 as the market prefers growing selling pressure around its most stable resistance levels in 2022 over a huge anticipated hard fork. Despite the long-awaited Cardano hard fork potentially going live at the end of July, ADA has run out of buyers. The price of ADA decreased 5% intraday to $0.476. The drop was part of a larger retreat that began a day after it temporarily climbed over its 50-day exponential moving average (50-day EMA; the red wave in the chart below) at $0.50. Since…
Monero Climbs To 5-Week Peak, Nears Key Resistance At $155
Monero (XMR) spiked to its peak levels in three months, in the face of challenges in the crypto market. XMR has been gaining momentum since June 13 as it has been enjoying highest highs over the past few months. The token has been on an uptrend for the fourth day in a row and today it’s at fever-pitch with an intraday high beaming at $153.09 3hich is considerably the highest gain it has had since June 13. With this big move, XMR/USD has set its targets on a new resistance…
Ethereum (ETH) Flying off Exchanges Amid Price Surge This Week, According to Crypto Analytics Firm Glassnode
Glassnode says Ethereum (ETH) is flying off exchanges at record rates as the crypto markets rebound this week. The crypto analytics firm notes that exchanges this week had a one-day moving average net outflow of 65,319.938 Ethereum, an all-time high. The previous all-time high for that metric was 58,072.356 ETH, which was set all the way back in May 2016. ETH is trading for $1,576 at time of writing. The second-ranked crypto asset by market cap is up nearly 3% in the past 24 hours and more than 31% in…
Three Arrows Capital Founders Says Terra, GBTC Trades Led to Fund Blowup: Report
3AC continued to borrow from lenders expecting a market rebound. This was until bitcoin fell to nearly $20,000 in late June, causing the firm’s positions to go awry and making it unable to repay any loans. The fund lost money on luna, its GBTC shares traded at a discount, and overall market declines meant all altcoin token holdings fell drastically in value. Source
Coinbase Presents The Degen Trilogy Part 1 at NFT.NYC 2022
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io NFTNYC 2022 – RCMH – Day 1 – 06-21-22 – Coinbase Presents -The Degen Trilogy Part 1 Join the NFT Community Website: Twitter: #nftnyc2022 ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Xiaomi Files Patent to Create Its Own Blockchain-Powered Virtual Characters – Blockchain Bitcoin News
Xiaomi, one of the biggest mobile phone and tech companies in the world, has introduced a patent that implements blockchain technology for the creation of its own virtual characters. The patent, introduced in China, mentions that the creation of these characters will be randomized thanks to the introduction of a gene sequence, responsible for determining the looks of the character. Xiaomi Introduces Blockchain in Character Generation Patent More and more industries are including blockchain as part of their new products due to its decentralized and immutable traits. Xiaomi,…
Prince Philip of Serbia calms rumors of Arab country Bitcoin adoption
Prince Filip Karađorđević, known as Philip Karageorgevitch in English, placated rumors that an Arab country would “soon” adopt Bitcoin (BTC) as legal tender. In an interview Philip delivered from Serbia, the prince explained that Bitcoin adoption is an inevitability for all countries. As a result of the thesis he first shared on a Bitcoin Reserves podcast, some news outlets jumped at the comments. Headlines that an Arab country would soon adopt Bitcoin quickly disseminated. However, as a Bitcoin advocate, Philip expounded that Bitcoin adoption is, in fact, inevitable for all…