Day: August 10, 2022

Uniswap Price Falls Below $9 After It Met With A Sell-Off, What’s Next?

boss

Uniswap price at the current moment has displayed a downward movement on its chart. The coin lost the $9 price mark and was moving closer to its local support level. Over the last 24 hours, UNI depreciated considerably by 6%. Most gains that UNI logged were lost over the past week. The technical indicator for UNI has depicted mixed trading signals. The buyers in the market have left owing to the recent fall in price. For Uniswap price to pick up momentum, buying strength and demand for the coin remain…

Coinbase layoffs ‘part of a larger trend’ in the crypto industry: Expert

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #coinbase #crypto Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and…

Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets – Regulation Bitcoin News

boss

Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank has no room to enter into the regulatory framework except for notifying that cryptos are not a legal means of payment for goods and services,” said the Thai finance minister. Thai Central Bank Will Help Regulate Crypto Industry Thailand is reportedly planning to amend its law on digital assets to tighten the oversight of the crypto…

Tether also confirms its throwing weight behind the post-Merge Ethereum

boss

Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has now also officially confirmed its support behind Ethereum’s upcoming Merge upgrade and switch to a Proof-of-Stake (PoS) consensus mechanism-based blockchain. The announcement came on the same day as its stablecoin competitor, who pledged they will only support Ethereum’s highly anticipated upgrade. In an Aug. 9 statement, Tether labeled the Merge one of the “most significant moments in blockchain history” and outlined that it will work in accordance with Ethereum’s upgrade schedule,…

COIN BUREAU PODCAST: Cryptocurrency Categories (Part 2)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🛒Get The Hottest Crypto Deals 👉 📲 Insider Info in Guy’s Socials 👉 👕 Guy’s Merch Store 👉 🔥 TOP Crypto TIPS In Guy’s Newsletter 👉 ~~ Episode 19 of the Coin Bureau Podcast! Note that you can listen to the full episode using the links below: ~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of…

Coinbase posts $1.1B loss in Q2 on ‘fast and furious’ crypto downturn

boss

Crypto exchange giant Coinbase has cited a “fast and furious” downturn of the crypto markets as the reasons behind a staggering $1.1 billion net loss in the second quarter of 2022, which also saw trading volume and transaction revenue tumbling.  It’s the second consecutive quarter of loss for the crypto company and the largest loss since its listing on the Nasdaq Stock Exchange (Nasdaq) in April 2021.  The results, which also missed analyst expectations, were shared in a Q2 2022 Shareholder Letter from Coinbase on Aug. 9, stating: “The current…

Crypto News Today: Cryptocurrency Latest Update in Hindi | Bitcoin Price Prediction, Shiba Inu Coin

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency India Latest Update: Bitcoin Price लगातार गिर रहे हैं जिसकी वजह से Crypto Market Crash हो रही है. Best Crypto Coins/Tokens (Ethereum, Solana, Avalanche, Sand, Cardano) की वैल्यू भी गिर गई है. इस वीडियो में जानिए Expert Bitcoin Price Prediction पर क्या कह रहे हैं. क्या Bitcoin Halving 2024 से Bitcoin Price पर फर्क पड़ेगा? इसके अलावा India में 30% Crypto Tax और 1% TDS की वजह से Crypto Exchanges (WazirX, CoinSwitch Kuber, Coin DCX, Bit BNS, ZebPay, Unocoin) की दिक्कतें…

Iran Places First Official Import Order With Cryptocurrency Worth $10 Million – Regulation Bitcoin News

boss

Iran has placed its first official import order using cryptocurrency worth $10 million, according to a government official. “By the end of September, the use of cryptocurrencies and smart contracts will be widespread in foreign trade with target countries,” the official added. Iran Uses Crypto to Place Import Order Iran placed its first official import order for $10 million worth of goods in cryptocurrency this week. Alireza Peymanpak, vice minister of Iran’s Ministry of Industry, Mine and Trade and president of the country’s Trade Promotion Organization (TPO), announced via Twitter…

German crypto bank Nuri with 500K users files for insolvency

boss

Nuri, a German start-up crypto bank with 500,000 customers filed for insolvency on Aug. 9, citing major crypto sell-offs, insolvency of Celsius and other crypto funds earlier this year as a reason for the move.  The crypto bank said the move will “ensure the safest path forward” for all its customers, but also stressed that the insolvency will not affect its services, customer funds, investments, or the ability for customers to withdraw their assets from the platform.  Nuri filed for insolvency on Tuesday, August 9th, 2022. This does not affect…

Chainlink Price Above $8, Can It Go Past Its Immediate Resistance?

boss

Chainlink price has been trading in an upside channel over the past few trading sessions. The altcoin has managed to move past the $8 level, it is now eyeing the next important resistance mark. The technical outlook of the coin has turned positive as buying strength increased on the chart. Over the last 24 hours, the coin moved up the chart by 2% and in the past week, LINK logged 14.7% appreciation. Chainlink price also managed to revisit the $8.80 mark however, the coin has experienced tough resistance at that…