Month: July 2022

Bitcoin sube por encima de $20K mientras ETF inverso registra ingresos récord de $51M

CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal

Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners’ revenue

boss

Bitcoin (BTC) mining companies have suffered in 2022 due to the crypto bear market. Nonetheless, their stocks collectively saw a sharp rebound on July 6, raising hopes that investors have started to buy the dips. One of the intraday winners was Bitfarms (TSE: BITF), which surged by over 24% to close at $1.29. Similarly, Marathon Digital Asset Holdings (NASDAQ: MARA), Core Scientific (NASDAQ: CORZ), and Cathedra Bitcoin (CVE: CBIT) rose by over/around 12.5%, 16.22%, and 15%, respectively. MARA, CORZ, BITF, and CBIT daily price chart. Source: TradingView Bitcoin miners’ revenue down…

Hardware crypto wallet sales increase as centralized exchanges scramble

boss

Blockchain analysis firm Glassnode recently characterized the 2022 bear market as the worst on record. This seems to be the case due to events such as the war in Ukraine and rising inflation, coupled with serious problems among centralized crypto exchanges.  Yet, the bear market hasn’t negatively impacted all players in the crypto ecosystem. Hardware wallet providers seem to be benefiting from the massive amount of crypto withdrawals from centralized exchanges. Pascal Gauthier, CEO of hardware wallet crypto firm Ledger, told Cointelegraph that the company’s revenue dropped about 90% during…

NFT platform wars could be ahead, says new DappRadar report

boss

OpenSea, UniSwap, MagicEden, eBay and others are acquiring NFT aggregation tools and taking a stand to gain market share of the evolving NFT ecosystem. DappRader’s “Dapp Industry Report for Q2” 2022 raised, among many points, the idea that an upcoming non-fungible token (NFT) platform war could be on the horizon. The report, which was provided to Cointelegraph, spoke of how UniSwap had recently acquired Genie and OpenSea purchased Gem in an effort to expand their respective services to include NFT aggregation tools, which “accumulate NFT offers from various trading platforms.”…

FREE BITCOIN MINING 2022 (BTC MINER) – Generate 1.03 BTC Every 48 Hours No Investment Required

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ✅ BEST WAY To Make Money Online👉 🔥 $391.74 Payments Everyday On Autopilot 👉 💰Browse n’ Bank: Earn $374.32/HOUR Browsing YouTube!👉 FREE BITCOIN MINING 2022 (BTC MINER) – Generate 1.03 BTC Every 48 Hours No Investment Required FREE ► Related Videos: How I Make $5937 BITCOIN Automatic Per Day Free (No Work) | Earn 1 BTC in 1 Day Earn $100 Per Day Free Bitcoin From Your PC / Smartphone | Crypto Earning Apps Top Free Bitcoin Apps 2022 | Highest Paying…

The inside story – Cointelegraph Magazine

boss

As crypto winter sets in once more, industry players in Australia, one of the world’s most crypto-friendly nations, watch closely for a shift in the regulatory climate. Anthony Albanese, the new Australian Labor Party prime minister, has made regulating crypto a top priority. However, neither he nor his cabinet has given a clear indication of how it may approach the unregulated space.     No word yet on whether Australia’s innovative crypto legislation will go through.     “Labor campaigned for government without a policy for cryptocurrency,” says Senator Andrew…

Voyager Files for Bankruptcy Citing Contagion in Crypto Markets, Three Arrows Capital’s Loan Default – Featured Bitcoin News

boss

Crypto lender Voyager Digital has filed for Chapter 11 bankruptcy. The company explained that the “prolonged volatility and contagion in the crypto markets” and the default of crypto hedge fund Three Arrows Capital (3AC) on a loan require it “to take deliberate and decisive action now.” Voyager’s Bankruptcy Filing Voyager Digital Ltd. (TSE: VOYG) announced Wednesday that it has filed for Chapter 11 bankruptcy. The announcement details: The company and its main operating subsidiaries filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court of the Southern…

Ethereum Name Service registrations surge by 200% amid lower gas fees

boss

Ethereum domains showed an increase in demand as Ethereum Name Service (ENS) registration totaled 126,141 registrations in just one week.  The ENS Dashboard, a data tracker created by developer Nick Johnson, shows that registrations went from 11,042 to 29,727, increasing over 200% during the weekend. This happened amid the second-largest .eth domain sale when “000.eth” was bought on Sunday at 300 Ether (ETH), which was worth around $320,000 at the time of sale. Because of the purchase, ENS’s daily revenue jumped up to $684,174 when the sale was completed. Following this, the…

Bitcoin Approaches 2018 Like Drawdown, Why $20,000 Is A Crucial Level

boss

Bitcoin has been moving sideways around its current levels with no clear direction on lower timeframes. The cryptocurrency has experienced its worst-selling pressure in years but has held firmly around its 2017 all-time high. Related Reading | Crypto Trading Volumes In India Sink Due To Heavy Taxation, What’s Ahead? At the time of writing, Bitcoin trades at $20,140 with a 4% profit in the last 24 hours. The general sentiment in the market has been turning more positive, as NewsBTC reported yesterday, as the Crypto Fear and Greed Index climbs back…