CoinFLEX’s rough month continues with the decision to “right-size” a business down to its core. Source
Crypto Exchange CoinFLEX Slashes Team Amid Cost-Cutting Push
Day: July 29, 2022
BNB y SOL lideran ganancias y traders apuntan a un dólar fuerte para continuar la recuperación cripto
Sin embargo, no todos están convencidos del repunte. “Hasta que la economía no se quiebre, ya sea hacia arriba o hacia abajo, no sucederá mucho”, opinó Chris Terry, vicepresidente de la plataforma de préstamos cripto SmartFi. “Prevemos que bitcoin continuará cotizando en este estrecho rango de $20.000, más o menos 10-15%”. Source
Bitcoin bear market over, metric hints as BTC exchange balances hit 4-year low
Bitcoin (BTC) may already be beginning its new macro uptrend if historical “hodl” habits repeat. That was the conclusion from research into the latest data covering the amount of the BTC supply dormant for one year or more as of July 2022. Hodled BTC hints that the bear market is over According to independent analyst Miles Johal, who uploaded the findings to social media on July 29, a “rounded top” formation in “hodled” BTC is in the process of completing. Once it does, price should react — just like on…
Ethereum vs. Cardano: Qual projeto vai nos deixar milionários?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum vs. Cardano, qual projeto vai te deixar milionário? 🧠 🧠Vagas abertas para o meu curso de criptomoedas 👉 💰Ganhe $25 em CRO ao se cadastrar na Crypto.com 👉 🔒Ledger (carteira criptomoedas em hardware)👉 🔻⬇ Conecte-se comigo ⬇🔻 📸 Instagram: @ericksekiama // Nesse vídeo eu declaro luta! Ethereum vs. Cardano? Para essa competição, mostro todos os pontos fortes e fracos dessas duas criptomeodas. Essa comparação foi feita da forma mais imparcial possível, na esperança de te ajudar a fazer a própria escolha…
Schwab Asset Management to List Crypto ETF on New York Stock Exchange
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Charles Schwab’s asset management arm launches crypto-linked ETF
Schwab Asset Management, the asset management arm of financial giant Charles Schwab, has launched an exchange-traded fund (ETF) with exposure to firms linked to cryptocurrencies. In a Friday announcement, Schwab said its Crypto Thematic ETF was expected to be available for trading on the New York Stock Exchange’s Arca under the ticker STCE on Aug. 4. The fund tracks Schwab’s Crypto Thematic Index, providing an investment vehicle with exposure to companies “that may benefit from the development or utilization of cryptocurrencies and other digital assets.” Likely because the United States…
Crypto contagion deters investors in near term, but fundamentals stay strong
The past six-odd months have been nothing short of a financial soap opera for the cryptocurrency market, with more drama seemingly unfolding every other day. To this point, since the start of May, a growing number of major crypto entities have been tumbling like dominoes, with the trend likely to continue in the near term. The contagion, for the lack of a better word, was sparked by the collapse of the Terra ecosystem back in May, wherein the project’s associated digital currencies became worthless almost overnight. Following the event, crypto…
KuCoin Claims Bragging Rights as First Exchange to Offer NFT ETFs
The ERC-20 tokens contained within KuCoin’s NFT funds represent 1/1,000,000 ownership of the BAYC collection, for example, denoted by a hiBAYC token. To start, KuCoin’s “NFT ETF Trading Zone” will first list 5 NFT ETFs covering hiBAYC, hiPUNKS, hiSAND33, hiKODA, and hiENS4 as underlying assets as a beginning, the company said in a press release. Source
Ethereum Barrels Past $1,700 – Next Target: $2,000
Ethereum (ETH) price overshoots above $1,700 hinting a bullish momentum. And everyone was blown away. James Seyffart, Bloomberg Intelligence research analyst, was impressed: “Ethereum just flew right through resistance there.” Bitcoin, Ethereum, and other cryptocurrencies have soared following the Fed interest rate hike of 0.75%. It was indeed an optimistic kind of domino effect for the crypto space. Can ETH Stay Above $1,700? Now, that ETH was able to do the inconceivable, all that’s left for ETH to do is to maintain that momentum and do everything in its power…
First Mover Americas: Bitcoin Heads for Best Month Since October as PCE Inflation Surprises
The latest price moves in crypto markets in context for July 29, 2022. Source