Day: August 15, 2022

Will the CRYPTO MARKET FALL FURTHER due to Federal Reserve INTEREST RATE | CRYPTOCURRENCY

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io #Cryptocurrency #Crypto #Bitcoin #Bitcoinupdate Looking at the current market scenario it is very safe to say that the speculation of the increase in the interest rate by the Federal Reserve is somewhere pulling the market lower than before. The interest rates are to be declared on Wednesday and everybody is assuming the outcome of the meet to be the “Increase in the interest rates” which can pull the markets down. The same has been given by ECB where after 11 years the…

Scaramucci highlights key factors why crypto market will soon recover

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Founder and managing partner of Skybridge Capital, Anthony Scaramucci, has an optimistic outlook for the future of crypto markets, advising investors to “see through the current environment” and “stay patient and stay long term.” In an interview with CNBC, the hedge fund manager spoke about his belief that several recent developments in the crypto space could spark “a lot more commercial activity.” In particular, he highlighted the ever-improving Lightning Network, the two-layer payment protocol layered on top of Bitcoin (BTC), BlackRock’s partnership with Coinbase, and their subsequent establishment of a…

โš ๏ธWHAT!!!โš ๏ธ DID BITCOIN JUST BOTTOM ???!!โš ๏ธCrypto Price Prediction TA/ BTC Cryptocurrency News Today

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ๐Ÿšจ Join my VIP now! – Bitcoin Price Dump / Crash Analysis & Crypto News Update! ๐Ÿ‘ THUMBS UP & SUBSCRIBE NOW + ๐Ÿ””! *** VIP PRIVATE TRADE IDEAS & ALERTS – *** ************** 2022 VIP ELITE INFO: ************** ๐Ÿšจ VIP PRIVATE TRADE IDEAS & ALERTS – ๐Ÿ‘† VIP Link doesnโ€™t open properly on Safari browser- use a different browser! ๐Ÿ‘† ************** Is the Bitcoin (BTC) price potentially looking like it could be forming a bottom, in my opinion?! Let’s discuss this…

Bitcoin Price Aims Higher, Why BTC Could Surge Past $25K

Bitcoin is gaining bullish momentum above $24,500 against the US Dollar. BTC could gain bullish momentum if it clears the $25,000 resistance zone. Bitcoin started a fresh increase above the $24,200 resistance zone. The price is now trading above the $24,000 level and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $24,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if there is a clear move above the $25,000 resistance. Bitcoin…

Network and token freeze after Acala exploit raises questions

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The Acala Networkโ€™s aUSD stablecoin depegged by over 99% over the weekend and forced the Acala team to pause a hackerโ€™s wallet, raising concerns about its claim of being decentralized. On Aug. 14, a hacker took advantage of a bug on the iBTC/aUSD liquidity pool which resulted in 1.2 billion aUSD being minted without collateral. This event crashed the USD-pegged stablecoin to a cent, and in response, the Acala team froze the erroneously minted tokens by placing the network in maintenance mode. The move also halted other features such as…

Kevin Oโ€™Leary says sacrificing Tornado Cash worth it for institutional adoption

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Clamping down on crypto applications that โ€œmess with the primal forces of regulationโ€ is necessary, says Shark Tank host and millionaire venture capitalist Kevin Oโ€™Leary, who argued that Tornado Cash and similar services are preventing real institutional capital from coming into the space. In a discussion on Crypto Banter on Saturday, Oโ€™Leary, also known as Mr. Wonderful, suggested that applications like Ethereum-based crypto mixer Tornado Cash are a part of a โ€œcrypto cowboyโ€ culture that shouldnโ€™t have a place in the industry. Instead, Oโ€™Leary is of the view that crypto…

Crypto Market Concerns – "Are you Still Mining Cryptocurrency?"

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Skybridge Expects Bitcoin to Reach $300K in 6 Years โ€” ‘You Are Going to See a Lot More Commercial Activities’ โ€“ Markets and Prices Bitcoin News

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Skybridge Capital is โ€œpretty optimisticโ€ about bitcoin and ethereum over the next 12 to 24 months. The global asset management firmโ€™s founder explained that the worldโ€™s largest cryptocurrency could reach $300K in six years, urging investors to โ€œjust relaxโ€ and โ€œstay long-term.โ€ Skybridge Optimistic About Bitcoin and Ethereum Anthony Scaramucci, founder and managing partner at global asset management firm Skybridge Capital, shared his firmโ€™s outlook for bitcoin and ethereum in an interview with CNBC Friday. Replying to a question about whether the crypto winter is over, he said: โ€œI want…