Day: August 12, 2022

Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers – Exchanges Bitcoin News

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Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law enforcement has frozen some of its funds and subpoenaed some senior managers as they investigate a criminal case involving the exchange’s former employee. Hotbit Suspends Trading, Deposits, Withdrawals Cryptocurrency exchange Hotbit announced the suspension of its services on Wednesday. The company wrote: We regret to inform you that Hotbit will have to suspend trading, deposit, withdrawal and funding functions. The exact time of resumption cannot be determined at the moment.…

Resisting Recession | ITK with Cathie Wood

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On episode 32 of “In the Know,” (August 5, 2022) ARK CEO/CIO, Cathie Wood, highlights our latest initiative: The Bitcoin Monthly, an “earnings report” that details relevant on-chain activity and showcases the openness, transparency, and accessibility of blockchain data. Please subscribe here to download The Bitcoin Monthly Report: Cathie also weighs in on the Inflation Reduction Act, productivity, inventory build-ups, the latest employment report, commodities, why we’re already in a recession, and more. As always, she discusses fiscal policy, monetary policy, market…

Bitcoin Rallies to 2-Month High; What’s Next?

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Bitcoin Mining Millions | Start Mining Bitcoins South Africa

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin Mining Millions | Start Mining Bitcoins South Africa Mr Morale is about entrepreneurship, drop shipping, affiliate marketing and network marketing. The channel focuses on general passive income and entrepreneurship topics. If you are interested at starting a side hustle, part time or full time network marketing business, you have come to the right place. contact me at passivewealth4@gmail.com and join my team. You will receive guidance, support and training on how to be successful in the business. You will also be…

Solana Market Shrugs Off TVL Fakery With Price Rebound; Ether Climbs on Merge Anticipation

The second-largest cryptocurrency by market capitalization continued a two-month surge to crack $1,900 for the first time since late May. Ether was recently trading at about $1,850, about flat over the previous 24 hours as investors continued an early celebration of the Merge, which will shift the Ethereum protocol from a proof-of-work to less energy-sapping, more environmentally friendly proof-of-stake protocol. The token price has jumped more than 85% since dipping below $1,000 in mid-June. Source

World’s Largest Asset Manager Blackrock Launches Bitcoin Private Trust Citing ‘Substantial Interest’ From Clients – Featured Bitcoin News

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The world’s largest asset manager, Blackrock, has launched a spot bitcoin private trust. “Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients,” said Blackrock. Blackrock Launches Bitcoin Trust Blackrock, the world’s largest asset manager, has launched “Blackrock bitcoin private trust.” According to a Thursday blog post, the spot bitcoin private trust, available to U.S. institutional clients, seeks to track the performance of BTC, less expenses and liabilities of the trust. The asset management firm detailed: Despite the steep downturn in…

ETHEREUM Break Out helping the CRYPTO MARKET Recover | Is Polygon Matic a good bet? | Cryptocurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Bitcoin #Ethereum #Cryptocurrency Ethereum is somewhere helping in the market recovery of Cryptocurrency, along with few others like Matic and Cardano. We all are assuming and speculating a phenomenal growth in ETH with the great news of Merge coming up which is apparently the first stage of ETH 2.0, will the market move up is another question which lot of Investors currently have. Let’s dive into the market and find out more about it. Let’s Discuss WARNING – We will never leave…

Coinbase Outlook ‘Negative,’ Credit Ratings Agency S&P Global Says

“Competitive risk has intensified in the crypto exchange sector, with the company’s market share decreasing this year,” S&P Global wrote. “We believe that as a result of market share erosion and a higher risk of margin compression, cyclical variations (peak-to-trough changes in revenue, EBITDA, and EBITDA margin) for Coinbase have exceeded our previous expectations, leading us to revise our assessment of financial risk.” Source

Will Ethereum Breach $2,000 Before The Merge?

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Ethereum has recorded a large upwards movement in the last month following the announcement made about the Merge. A more definite launch time in September has seen the market rally around the altcoin, causing it to surge drastically. With each day, the Merge draws closer, and Ethereum tests another technical level. This time around, the cryptocurrency has set its sight on the $2,000 level as it continues to trade in the green. Will ETH Reach $2,000? Ethereum’s most recent break above the $1,900 level has laid the foundation for a…