โIn particular, Celsius has pointed out in its pleadings that customers transferred ownership of crypto assets to Celsius, making those customers unsecured creditors. This detail may undercut customer expectations, who thought they were depositing their assets into a construct similar to a traditional bank,โ Gwen added. Source
Month: July 2022
BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
Bitcoin (BTC) rose above $22,000 and Ether (ETH) traded above $1,500 on July 18, indicating that bulls are gradually returning to the cryptocurrency markets. This pushed the total crypto market capitalization above $1 trillion for the first time since June 13, raising hopes that the worst of the bear market may be behind us. In another positive sign, more than 80% of the total Bitcoin supply denominated in the United States dollar has been dormant for at least three months, according to crypto intelligence firm Glassnode. During previous bear markets,…
Bitcoin mining: Old-fashioned fuel to power new technology
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io In part two of Action 16 Investigates: Crypto, a look at how cryptocurrencies are already playing a role in the economy of our area. โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Youtube version
Jed McCaleb’s ‘Tacostand’ XRP Wallet Is Near Empty, After the Ripple Co-Founder Transferred 9 Billion XRP Over the Years โ Altcoins Bitcoin News
Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCalebโs wallet is now close to being empty as thereโs only 47.6912 xrp worth $17 stored in the wallet today. Ripple Co-Founder Jed McCaleb Empties the Notorious โTacostandโ Wallet Onchain data shows the xrp (XRP) wallet called โTacostand,โ is now close to being empty as the owner, Jed McCaleb, has seemingly…
Genesis Global Issued $2.36B in Undercollateralized Loans to Three Arrows Capital
Crypto lender Genesis lent $2.36 billion in loans to the now insolvent Singapore-based fund Three Arrows Capital. Source
Liquidations Cross $230 Million As Ethereum Barrels Past $1,400
Ethereum has been in recovery mode since developers announced a possible date for the Merge. Since this date is close, it has sparked a lot of positivity among community members who looking forward to the leading smart contracts platformโs move to proof of stake. This recovery has since triggered a liquidation event that has in no way slowed down as almost 90,000 traders have watched their positions liquidated. Ethereum Liquidations Ramp Up The recent recovery trend has seen the price of Ethereum rise above $1,400 towards a new one month…
#shorts crypto bitcoin invest cryptocurrency Doge Coinbase trading stock market finance
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io This was posted on my TikTok 4 hrs before the Doge listing on Coinbase, I should have posted on Insta and YouTube simultaneously ๐ ๐ โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Youtube version
A New Asset Class of Digital Investment
The digital realm has become an integral part of our daily lives. It has brought investments closer to the people, as they have become simpler and more accessible. Consequently, financial instruments such as stocks, bonds, mutual funds, and ETFs have undergone rapid digital transformation. The landscape has undergone an evolution with the advent of blockchain, which is heralding a new era of digital investments: crypto-assets. Cryptocurrencies originated with bitcoin, the worldโs first decentralized, peer-to-peer money, in 2009. While the fundamental idea behind bitcoin was to establish a safe and anonymous…
โCrypto and DeFi Wonโt Disappearโ: Hong Kong Monetary Chief
DEK Hong Kong Monetary Authority CEO Eddie Yue said crypto and decentralized finance are still going to be significant forces at a meeting of G20 financial officials. Source
Binance recibiรณ una multa por $3.4M por parte del banco central holandรฉs
CryptoX – Cryptocurrency Analysis and News Portal El banco central holandรฉs ha multado al exchange cripto Binance con 3,3 millones de euros ($3,4 millones) por continuar ofreciendo servicios a los ciudadanos de Paรญses Bajos sin haberse registrado correctamente, segรบn un comunicado publicado el lunes. Source The post Binance recibiรณ una multa por $3.4M por parte del banco central holandรฉs appeared first on CryptoX. CryptoX Portal