Day: August 4, 2022

Crypto News Today: Cryptocurrency Market Prediction Latest Updates in Hindi| Bitcoin, Shiba Inu Coin

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Market In India Latest Update: Crypto Market पर बड़े दिनों बाद अच्छी खबर आई है. कई महीनों से Crypto Market Crash हो रही है और Bitcoin Price भी लगातार गिर रहे थे. Best Crypto Coins, Tokens (Bitcoin, Ethereum, Solana, Avalanche) की वैल्यू भी गिर गई थी. इस वक्त इस वक्त Crypto Market में Relief Rally देखने को मिली है. वैसे पिछले महीने पहले Luna Crash सामने आया, फिर Celsius Network इशू हुआ और फिर Crypto Exchange Vauld ने Withdrawals, Deposits और…

Binance Coin Finds Support At $240 – Can BNB Barrel Past $300?

Binance Coin (BNB) seems to thrust upwards targeting the $350 mark with the support level spotted at $275 and resistance at $295. According to CoinMarketCap, the Binance Coin’s price has spiked by 3.06% or $300.17 as of this writing. Meanwhile, BNB has tapped on the support zone at $240 instigating a bullish movement that would push it closer to the $300 mark. On the other hand, the coin is still met with rather strong selling pressure. Generally, the crypto market has been making positive price jumps signaling a bullish rally…

CME to Roll Out Euro-Denominated Bitcoin and Ether Futures on August 29

The launch of euro-denominated bitcoin and ether futures contracts could accelerate the ongoing institutionalization of the crypto market since the euro, the common currency of 19 out of the 27 member states of the European Union, is the second-most sought-after currency in global currency reserves, according to the World Economic Forum. Further, daily turnover in the euro-dollar pair is the highest in the global currency market, which has an average daily volume of $6.6 trillion. Source

Dtravel Completes First Smart-Contract Vacation Rental Booking

It’s also looking to onboard users newer to the crypto space, rather than solely experienced Travala users. Huang said Dtravel plans to incorporate more login options and wallet integrations for those joining the platform from Web2, as well as give TRVL tokens to guests to encourage governance participation to get acquainted with the DAO. Source

Bitcoin Doesn’t Need Yield When Holding Will Suffice

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Understand What Money Is,With dollars, your yield is to help you maintain purchasing power over time. But you don’t need to find yield to keep pace if you have a scarce asset. A great example is the median home price in the US – in 2018, it cost 24.5 bitcoin to own, and today it is 20 bitcoin. If we had saved in dollars, you’d need 30% more today than in 2018 for that same purchase. Original

Advisors Should Look Before Clients Leap Into DeFi

“In DeFi, in some cases, it’s just unsustainable, it’s not going to work out,” Rosmer said. “What’s totally fair is that these yields are not going to last. The super-high yields are short-term yields and things normalize as more participants become involved.” Source

‘Insane evidence’ Bitcoin has capitulated in past 2 months — analysis

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Bitcoin (BTC) is providing overwhelming evidence that it is capitulating, and it is time to flip bullish as a result, new analysis believes. In a Twitter thread on Aug. 3, Charles Edwards, CEO of crypto asset manager Capriole, revealed what he called the “The 12 Bitcoin Capitulations.” “Risk-returns skewed positively” for Bitcoin With BTC price action recovering from multi-year lows but still hovering near key bear market support, opinions vary widely as to what will happen next. Some are demanding a return to levels even lower than June’s $17,600 trough,…

Crypto Markets Down Ahead of Friday’s Nonfarm Payrolls Report – Market Updates Bitcoin News

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Bitcoin was trading lower on Thursday, ahead of tomorrow’s monthly nonfarm payrolls (NFP) report. The U.S. labor market has recently shown signs of slowing, following data this week reporting that nationwide job openings had fallen. Ethereum also dropped on the prospect of the NFP report, which is expected to come in at 250,000 jobs. Bitcoin After yesterday’s rebound in price, bitcoin (BTC) was back in the red on Thursday, as markets prepared themselves for tomorrow’s nonfarm payrolls report. It is expected that Friday’s report will show an addition of 250,000…

Portuguese Banks Are Closing Crypto Exchanges’ Accounts

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Portuguese banks began closing accounts that belong to crypto exchanges, citing ‘risk management’ as the main reason for the closures. Portugal gained its reputation for welcoming cryptocurrency exchanges as no tax is imposed on crypto earnings. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. These banks are Banco Comercial Portugues (BCP), Banco Santander, Caixa Geral de Depósitos, BiG, and Abanca. At least four crypto exchanges had their accounts closed according to recent…