Day: July 28, 2022

ApeCoin Proposal to Fund 24-Hour BAYC News Site Wins Community Approval

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Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth – Economics Bitcoin News

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The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. America’s Q2 GDP Data Points to a Recession One of the principal agencies of the U.S. Federal Statistical System, the Bureau of Economic Analysis (BEA), released the commerce department’s latest gross domestic product (GDP) statistics on Thursday. The report notes that the GDP data shows a 0.9% annualized…

CME crypto futures see record activity during bear market

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The trading of Bitcoin and Ether futures on CME remained elevated in the second quarter, with daily open interest hitting all-time highs. Bitcoin (BTC) and Ether (ETH) derivatives contracts offered by CME Group saw record activity in the second quarter, offering tangible evidence that professional traders were still accessing digital assets during the bear market.  The average daily open interest (OI) across CME’s crypto futures products reached 106,200 contracts in the second quarter, the highest on record, the company disclosed Thursday. In futures markets, OI reflects the total number of…

Tron (TRX) Extends Gains As Prices Break Away From Support Point

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While the rest of the crypto market is in a state of frenzy, Tron (TRX) price dominance is on for the second day in a row as its price swerves away from the support line. Tron has had a swift recovery so far. TRX/USD swished to a 3% jump and intraday high of $0.06631 today in contrast to yesterday’s low that registered at $0.06383. The rebound was seen after TRX has been moving in the red zone for several days now. The cross signals seen in the daily chart usually…

How did Blockchain gets its name ? #shorts #crypto

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video I am going to tell you about how blockchain got its name Blockchain. Satoshi Nakamoto has never used the term blockchain in his bitcoin research paper, he used proof of work chain but blockchain was popularize by a company name blockchain…… If you want more Crypto, Ai type of videos follow me because i share some part of my learning so that you can also know the stuff that i know.. Please Share this video to all your Crypto,…

Ether domina trading de futuros con $200 millones de opciones cortas liquidadas

La capitalización total de mercado aumentó 6,4%, una de las mayores ganancicas en las semanas recientes, dado el regreso del apetito por el riesgo entre inversores, ya que se adelantaron a la decisión de la Fed tomándola en cuenta antes de que se anunciara. Ether lideró las ganancias entre las principales criptomonedas, con SOL (de Solana), BNB y ADA (de Cardano) arriba 6,4% en las últimas 24 horas. UNI, de Uniswap, y bitcoin cash agregaron tanto como 21%. Source

Bitcoin price battles $23K as data says US in ‘technical recession’

Bitcoin (BTC) regained more lost ground on the July 28 Wall Street open amid confusion over whether the United States had entered a new recession. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysts call recession for United States on GDP print Data from Cryptox Markets Pro and TradingView tracked BTC/USD as it tested $23,000 for support after a leg up on the previous day’s Federal Reserve rate hike. Momentum benefited from U.S. GDP data, which fell for a second quarter in a row, thus meeting the requirements for a recession in…