Month: July 2022

⚠️ WHAT!!? BITCOIN & ETHEREUM ARE DOOMED.. *RIP*⚠️Crypto Price Analysis TA/Cryptocurrency News Today

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🚨 Join my VIP now! – Bitcoin and Ethereum Price Dump / Crash Analysis & Crypto News Update! 👍 THUMBS UP & SUBSCRIBE NOW + 🔔! *** VIP PRIVATE TRADE IDEAS & ALERTS – *** ************** 2022 VIP ELITE INFO: ************** 🚨 VIP PRIVATE TRADE IDEAS & ALERTS – 👆 VIP Link doesn’t open properly on Safari browser- use a different browser! 👆 ************** Are the Bitcoin (BTC) and Ethereum (ETH) price charts potentially going to dump / crash further from here,…

Circle’s Cautious USDC Approach Has Paid Off, Despite Missteps

Last week, by contrast, Circle issued a detailed asset breakdown which, though unaudited, claimed that Circle’s USDC stablecoin is backed entirely by U.S. dollars and highly liquid short-term U.S. Treasury bonds. It’s worth noting here why Circle releasing an unaudited backing report is not the same as Tether issuing an unaudited report: Circle, simply because it is a registered U.S. financial entity, is subject to material forces that should keep it honest. Circle has made numerous U.S. Securities and Exchange Commission (SEC) filings ahead of its public listing, for instance.…

Bitcoin Could Gain Another 18% After Breaking $24k – BTC Analyst.

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Summary: Bitcoin has broken above the 50-day moving average with its push above $24k. BTC could rally another 18% before reaching the next level of significant resistance, around $28k. Capitulation by Bitcoin investors and miners could also be slowing down. Bitcoin has had an eventful first few days of the week, having punched through the $22k resistance level early Monday and breaking the $24k resistance level today to post a local high of $24,276. Bitcoin Could Gain Another 18% After Breaking $24k. Bitcoin’s impressive price movement despite record-breaking inflation around…

FTX and FTX US seek even more funding following acquisitions: Report

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Crypto exchange FTX and its United States subsidiary FTX US have reportedly each set new fundraising targets following the firms planning several high profile acquisitions and credit lines to firms. According to a Wednesday report from Bloomberg, FTX co-founder Sam Bankman-Fried discussed raising money matching that of a January funding round in which the firm closed on a $400 million round, bringing it to $32 billion in valuation. FTX US reportedly set similar goals, having raised $400 million in January to reach an $8 billion valuation. The report followed both…

Why Crypto Could See Summer Rally With Support From U.S. Equities

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The crypto market remains in the green with major gains over the past weeks. The general sentiment in the market is shifting as Bitcoin, Ethereum, and other top 10 altcoins regain previously lost territory. Related Reading | Why Bitcoin Must Beat $25,500 To Establish A Bull Rally The chances of an extended bullish momentum seem to be increasing as the macro-economic factors impacting risk-on assets mitigate in short timeframes. The U.S. Federal Reserve (Fed) has begun a period of no contact with the media, and dollar inflation seems bound to decline.…

The Credit Crunch Is Not the End of Crypto Lending

But were they? If their victory condition is “no credit is ever extended based on a crypto asset ever again,” they guarantee a loss. Yes, the lending industry has taken a hit, but it certainly won’t cease to exist. The desire for leverage and a lower cost of capital on one hand, and yield on the other, is inherent to free, capitalist enterprise, and that urge will never disappear. Bitcoiners who ostensibly believe in free markets should recognize that this necessarily includes the market for money, as well. Source

Crypto Exchange Zipmex Halts Withdrawals Citing Market Conditions, Financial Difficulties of Business Partners – Exchanges Bitcoin News

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Cryptocurrency exchange Zipmex has halted withdrawals due to “volatile market conditions, and the resulting financial difficulties of our key business partners.” The exchange operates in Singapore, Australia, Indonesia, and Thailand. Zipmex Pauses Withdrawals Crypto exchange Zipmex, which operates in Singapore, Australia, Indonesia, and Thailand, has become the latest crypto company to halt withdrawals. The platform described itself as “Asia’s leading digital asset exchange providing you high liquidity and insurance on your assets.” On Wednesday, Zipmex announced via Twitter that “due to a combination of circumstances beyond our control including volatile…

The Real Cost Of Mining Cryptocurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Real Cost of Mining Cryptocurrency. Mining for cryptocurrencies like Bitcoin comes with some unexpected costs. With cryptocurrencies at an all-time high, more and more people are driven to mine and invest, but before joining the pool, make sure you know the incredible costs associated with it! If you enjoyed it, please, like, comment, and subscribe, it helps us a lot! Thanks for watching this video: The Real Cost of Mining Cryptocurrency. Check Out These Videos: How Much It Costs To Mine…

Explore the Value Behind KCC Through KCC Validator Election – Sponsored Bitcoin News

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sponsored With the development of the public chain and the growing adoption of blockchain technology, public chains initiated by crypto exchanges are getting more attention. Relying on the advantages of the exchange’s cutting-edge technology team, the exchange public chain has differentiated itself clearly from the rest. KuCoin Community Chain (KCC) has been established for more than a year. As a community-driven chain of the well-known exchange KuCoin, what is the value behind KCC? An in-Depth Look Into KuCoin Community Chain (KCC) On June 16, 2021, KuCoin Community Chain (KCC), a…