Month: July 2022

Experts reveal what Tesla’s $936M sell-off means for Bitcoin

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Crypto industry experts are largely unfazed by Tesla’s decision to sell 75% of its Bitcoin (BTC) holdings, saying it’s a fairly typical strategy for companies to improve cash flow during economic slowdowns.  On Wednesday, the electric vehicle manufacturer revealed that it had sold 75% of its Bitcoin holdings in Q2, adding $936 million in fiat to its balance sheet. During a conference call, Tesla CEO Elon Musk noted that the sale “should not be taken as a verdict on Bitcoin,” explaining that the move was due to liquidity concerns given…

Crypto lender Vauld seeks protection against creditors: Report

Singapore crypto exchange Vauld Group is seeking a moratorium against its creditors — a move that would give the troubled lender more time to restructure its business after collapsing asset prices impacted its operations earlier this month. Vauld filed an application in Singapore on July 8 seeking a moratorium order, The Wall Street Journal reported Wednesday. If granted, the moratorium would provide the distressed lender more time to seek out a proper restructuring plan. The Journal said a Singaporean moratorium order is similar to Chapter 11 bankruptcy in the United…

Bitcoin Could See Another 5-6 Months of Downward or Sideways Price Movement – Markets and Prices Bitcoin News

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Grayscale Investments has explained that there may be another 250 days of the current bearish crypto market, citing patterns in previous cycles. In addition, “Bitcoin is 222 days off the all-time high, which means we may see another 5-6 months of downward or sideways price movement,” the world’s largest digital asset manager detailed. Grayscale’s Crypto Market Outlook Grayscale Investments, the world’s largest digital asset manager, published a report titled “Bear Markets in Perspective” this week. The firm explained: “The length, time to peak and trough, and recovery time to previous…

¡Esto es Catastrófico! ¿Qué Pasa con Bitcoin? – Noticias CryptoYoda –

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Descubre las últimas noticias sobre lo que está sucediendo en este momento catastrófico momento y qué podemos hacer ante la incertidumbre del futuro de Bitcoin y las Altcoins a un corto y mediano Plazo después de su reciente bajada a nuevos récords. Algo donde hablamos de lo que está sucediendo en este cripto invierno y qué podemos hacer para cuidar nuestra inversión lo más posible aprovechando la situación actual de las Criptomonedas. Aquí otros videos de Criptomonedas: MEJORES 5 Criptomonedas para Invertir…

Ethereum Cruised Past $1500, Is There A Possibility To Retrace To $1200?

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Ethereum has rallied considerably over the last week securing close to 53% appreciation. At the moment ETH has managed to break past an important resistance mark of $1500 and flipped it into a support level. The coin maintained a rally after it crossed the $1000 mark, chance of correction still remains on the horizon. Bullish strength has regained vigour as buying strength also shot up. The invalidation of bearish thesis started once ETH managed to cruise past $1200. If the coin remains above the $1500 mark then the bulls could…

Argo Blockchain – This is Dickens County

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CEO Peter Wall and members of the Argo Team learn about Dickens County, Texas, and have the opportunity to meet members of the community through the Community Event. A sincere thank you to Dickens County Judge Brendle, Brenda and the team at the Texas Spur, and everyone in Dickens County who came together and made the event a great success. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Tesla Sold 75% of Its Bitcoin — Elon Musk Says ‘We Have Not Sold Any of Our Dogecoin’ – Featured Bitcoin News

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Tesla has converted approximately 75% of its bitcoin into fiat currency. The cryptocurrency sales left the electric car company holding digital assets worth $218 million. “We are certainly open to increasing our bitcoin holdings in the future,” Tesla CEO Elon Musk said, adding: “We have not sold any of our dogecoin.” Tesla Sold About 75% of Its Bitcoin Holdings Elon Musk’s electric car company, Tesla, released its Q2 earnings report Wednesday. The company wrote: As of the end of Q2, we have converted approximately 75% of our bitcoin purchases into…

Brazilian Fintech BEE4 to Launch First Local Tokenized Stock Marketplace

Asset tokenization is a hot area in Brazil. In December, Brazil’s only stock exchange, B3, said it was exploring opportunities in the asset tokenization, digital asset custody and crypto-as-a-service (CaaS) segments. And last week, Itaú Unibanco, Brazil’s largest private bank, announced its plans to launch an asset tokenization platform that transforms traditional finance products into tokens. Source

$300 MILLION ETHEREUM SHORTS CLOSED!! Ethereum Price Prediction 2022, Ethereum News Today (ETH News)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io $300 MILLION ETHEREUM SHORTS CLOSED!! Ethereum Price Prediction 2022, Ethereum News Today (ETH News) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Targets and my Ethereum Strategy (Ethereum Technical Analysis Today)! Is Ethereum the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! 🚨 Learn Technical Analysis Here 👉 👈 ► I trade on Bybit 👉 👈 (NEW $4,050 BONUS)* 🔥 Register with my link for…