Day: August 12, 2022

AAVE Slowly Climbs To $109, Resistance At $113 Looms

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AAVE shows that the price is steadily rising as the coin’s bullish streak makes noise in the market. AAVE price is raging bullish today with its steady climb to $109 resistance level The coin faces hurdle at $113.50 AAVE/USD pair support is spotted at $97.91 The AAVE/USD price saw a boost of 12.02% compared to the figures yesterday as the market spikes to $109.99 from yesterday’s $105. AAVE Resistance Spotted At $113.50 According to CoinMarketCap, AAVE has plunged by 0.18% as it trades at $109.87 as of this writing. The…

Dutch Law Enforcement Arrests Suspected Tornado Cash Developer in Amsterdam – Bitcoin News

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According to a statement from the Dutch Fiscal Information and Investigation Service (FIOD), law enforcement officials in Amsterdam arrested an unnamed 29-year-old suspected of developing the ethereum mixing application Tornado Cash. FIOD accuses the suspect of “concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies.” Netherlands Law Enforcement Takes Suspected Tornado Cash Dev Into Custody, Officials Hint About the Possibility of Future Arrests Four days ago, the U.S. Treasury Department’s watchdog, the Office of Foreign Asset Control (OFAC), banned the ethereum mixing application Tornado Cash and…

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Here are Bitcoin price levels to watch as BTC dips 5% from highs

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Bitcoin (BTC) headed lower on Aug. 12 as a broadly expected comedown from two-month highs began to take shape. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week moving average becomes pivot Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $23,615 on Bitstamp prior to the day’s Wall Street open, marking 24-hour losses of around 5.2%. The pair had seen its highest levels since June 13 as enthusiasm over declining United States inflation combined with news that the world’s largest asset manager, BlackRock, was launching a Bitcoin private fund.…

BTC Hovers Below $24,000 on Friday, as Crypto Markets Consolidate – Market Updates Bitcoin News

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Cryptocurrency markets consolidated on Friday, as bulls marginally pulled back following strong gains in yesterday’s session. Bitcoin fell slightly below $24,000, as prices were once again unable to move past a key ceiling. Ethereum was also lower, however continued to trade close to $1,900. Bitcoin Bitcoin (BTC) prices fell marginally lower on Friday, as crypto bulls retreated following strong gains during yesterday’s session. The world’s largest cryptocurrency dropped to an intraday low of $23,828.59 in today’s session, which comes after a high of $24,822.63 the day prior. Today’s decline came…

July 2022 | Bitcoin Mining & Operational Update

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Argo Blockchain CEO Peter Wall walks through our July 2022 Operational Update. Quick Outline of Update: 00:00 Summary 01:31 July Mining Results 02:04 Financing Update 02:50 Helios Power Update 04:04 Texas Power Developments 05:09 Curtailment and Conservation 06:40 4CP Program Curtailment 07:38 Hashrate Update 08:30 Fleet Review: T-17 Series 11:29 Closing Stay Updated & Subscribe Follow Us on Twitter Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain technology company focused on large-scale cryptocurrency mining. With its flagship mining facility…

Huobi co-founder reportedly looks to sell majority stake valued at over $1B

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Leon Li, the co-founder of global crypto exchange Huobi, is reportedly in talks to sell the majority of his stake in the company that could be valued at over $1 billion. Li reportedly had discussions with multiple financiers seeking to offload a 60% stake in the crypto company, which could be valued at over $1 billion and some believe could fetch as high as $3 billion, reported Bloomberg. A Huobi spokesperson confirmed to Bloomberg that the co-founder is engaging with numerous international giants to sell his majority share in the…