Month: July 2022

Bitcoin Funding Rate Turns Highly Positive, Long Squeeze In The Making?

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Data shows the Bitcoin funding rate has increased to a relatively high positive value recently, something that could lead to a long squeeze in the market. Bitcoin Funding Rate Becomes Positive As Open Interest Rises Up As pointed out by an analyst in a CryptoQuant post, the BTC funding rate has a positive value at the moment. The “open interest” is an indicator that measures the total amount of positions currently open in the Bitcoin futures market. When the value of this metric is high, it means there is a…

Class Action Lawsuit Accuses Troubled Crypto Exchange Celsius of Running Like a ‘Literal’ Ponzi Scheme

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The walls are closing in around one embattled crypto lending platform as a new lawsuit alleges it defrauded investors. Celsius Network, which filed for bankruptcy this week, has now also been sued with accusations that it operated like a Ponzi scheme. In a class action suit filed in a US district court in New Jersey on Wednesday, plaintiff Taylor Goines alleges, “Defendants employed devices, schemes, and artifices to defraud… and engaged in acts, practices, and a course of business that operated as a fraud and deceit upon the Class members…

Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’ – Bitcoin News

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The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows the startup surpassing $31 billion in all-time NFT sales volume, and the company adding a variety of new support features. Opensea CEO Reveals Company Layoffs Opensea joins the growing list of crypto asset companies announcing layoffs this year, as the crypto market downturn has affected nearly every…

MINING CRYPTOCURRENCY PUNYA RESIKO? ft. YOHANES TJANDRA – Tom MC Ifle

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io MINING CRYPTOCURRENCY PUNYA RESIKO? ft. YOHANES TJANDRA Tom MC Ifle Channel adalah channel yang sangat mendidik, mulai dari bisnis, keuangan, kepribadian, pengembangan diri, kekayaan dan kebahagiaan. Mari di tonton videonya sampai habis. Kita bersama bangun channel ini untuk menjadi channel yang bisa mendidik memperkaya dan membuat kehidupan ini jauh lebih baik. Jangan lupa di like subscribe dan comment. Share juga di WA group, kepada orang terdekat kalian. —————————————————— Online Course: Blog: Video: LIVE Event: Mobile Apps: Google Play: App Store: Follow Us…

DeFi’s downturn deepens, but protocols with revenue and fee sharing could thrive

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At the moment, liquidity is hard to come by, but crypto traders and protocols still need inflow and revenue to remain functional. As the crypto winter drags on, savvy crypto investors have realized that one of the reliable sources of passive income that still exists can be found on protocols that generate revenue and share some of it with their respective communities. Platforms that earn real yield through useage fees are the obvious winner in the bear market, That mean perpetuals and options as they are profitable bear or bull.…

Why Cardano (ADA) Is Likely To Rise as High As $0.60 By End Of 2022

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Cardano has been lagging behind the current bullish momentum in the altcoin market. While Ethereum (ETH), Solana (SOL), and XRP trend to the upside in the last 24 hours, ADA’s price continues to move sideways. Related Reading | JP Morgan Claims Drop In Bitcoin Production Cost Is Negative For BTC Price At the time of writing, ADA’s price trades at $0.44 with barely 0.5% profit in the last day. ADA’s price trends to the downside on the 4-hour chart. Source: ADAUSDT Tradingview According to a survey conducted by Finder with 53…

Alex Tapscott’s ‘Digital Asset Revolution’

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Decentralized finance (DeFi) has massive potential to transform traditional financial services. Data from Emergen Research recently found that the global DeFi platform market size is expected to reach $507 billion by 2028. Moreover, the total value locked within DeFi currently exceeds $75 billion, demonstrating fast-paced growth compared to previous months this year. Yet, DeFi’s potential may still not be realized by business leaders unfamiliar with the blockchain ecosystem. This notion is highlighted in Alex Tapscott’s recent book, Digital Asset Revolution. Tapscott, co-founder of the Blockchain Research Institute and managing director at Ninepoint Digital Asset Group, told Cointelegraph that he believes…

🔄TRADING DISABLED!!❌DATA LOSS!? DUPING!? – Mining Simulator 2 (Roblox)

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