Day: August 26, 2022

CME Bitcoin futures see record discount amid ‘very bearish sentiment’

boss

Bitcoin (BTC) futures are starting to see record discounts as sentiment among derivatives traders worsens.  In its latest dedicated report issued Aug. 23, analysis firm Arcane Research painted a worrying picture of morale among BTC futures participants. Futures basis revisits June lows After an initial shock during June’s BTC price drop, which has since held as a macro bottom, Bitcoin derivatives have not been the same. After an initial bounce, metrics are trending downwards, and this month are challenging records. Futures basis — the difference between futures contract prices and…

Cryptocurrencies copying Bitcoin don’t really make the cut, experts say

boss

Cointelegraph’s Joseph Hall interviewed Bitcoin (BTC) advocates Pierre and Morgen Rochard, the hosts of the Bitcoin for Advisors podcast, at the Surfin’ Bitcoin 2022 event held in France. The group talked about how France can attract more miners, where Bitcoin fits in terms of financial planning and the difference between Bitcoin and other cryptocurrencies.  According to Pierre, who also works at the mining firm Riot Blockchain, there are two ways for France to attract large-scale Bitcoin miners. The first is to provide assurances in terms of policies on Bitcoin mining.…

The Card Battle Heats Up in Latam, as Ripio and Bitso Both Announce Crypto-Enabled Cards – Exchanges Bitcoin News

boss

Cryptocurrency debit and credit card offerings in Latam are thriving, as two exchanges in the area are planning to launch their crypto-enabled cards. Ripio, the Argentina-based exchange, and Bitso, a Mexican exchange, both announced the future launch of their cards, in partnership with Visa and Mastercard respectively, as an answer to the rise of the popularity of crypto in the region. Crypto Cards Galore in Latam The separation of the crypto market and the traditional banking world is disappearing, as more and more banking institutions are adopting crypto and offering…

Cryptocurrency ini HALAL ke HARAM ? (Bitcoin / Ethereum dll)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ramai cakap Cryptocurrency nih HARAM? Tapi ada je ustaz ataupun majlis fatwa kata harus? Dibolehkan? Ada jugak kata wang kripto ini syubhah, ada ragu-ragu? Pening kepala saya. Apa konsep wang kripto sebenarnya? Bagaimana mereka beroperasi? Apa tujuan CRYPTOCURRENCY dibuat? Learn more about how you can multiple your wealth securely! Click the link below to find out more: ———TIMESTAMPS——— 00:00 TEASER + DISCLAIMER 01:19 3 perkara tak patuh syariah 02:28 Apa itu CRYPTOCURRENCY + Sejarah 04:00 Hukum-hakam CRYPTOCURRENCY 07:24 Rujuk majlis fatwa 08:15…

Crypto Exchange Zipmex Appoints Restructuring Firm to Forge Recovery Plan

Zipmex is one of many crypto companies that withered as the market slid earlier this year. Bitcoin fell from $69,000 to $17,000 in six months, bankrupting lenders like Celsius Network and Voyager Digital while Singapore-based hedge fund Three Arrows Capital imploded. Zipmex loaned $48 million to Babel Finance, also a crypto lender, and $5 million to Celsius, none of which has been repaid. Source

Indian Agency Raids Crypto Exchange CoinSwitch Kuber for FX Law Violations

boss

Indian anti-money laundering agency, Enforcement Directorate (ED), raided the premises of CoinSwitch Kuber, one of the largest local cryptocurrency exchanges, under the suspension of forex law violations. 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. The agency searched five premises linked to the crypto exchange, including office facilities and residences of directors and the CEO. CoinSwitch allegedly violated the Foreign Exchange Management Act (FEMA) with the acquisition of shares of over 20…

While Almost 80% of Russians Know Crypto, Only 6% Understand It Well, Survey Finds – Bitcoin News

boss

The overwhelming majority of Russians in big cities are well aware of the term cryptocurrency but those with a good understanding of the topic are quite a small proportion, a new poll has indicated. Experts say that currency restrictions imposed earlier this year are helping growth in interest and adoption. A Third of Russians Ready to Buy Crypto Assets Within Months Just 6% of Russian internet users understand cryptocurrencies relatively well, although 80% have heard about them. The findings come from a survey conducted by hardware wallet developer Tangem among…

Bitcoin may 'relief rally' to $35k this summer; Crypto winter still far from over – Florian Grummes

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Florian Grummes, managing director of Midas Touch Consulting, joins David Lin, anchor for Kitco News, to discuss the outlook for Bitcoin. Follow David Lin on Twitter: @davidlin_TV ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Florian Grummes on Twitter: @FlorianGrummes ( 0:00 – Bitcoin & Crypto Winter 18:00 – We are already in a recession 23:45 – How severe is this recession? #crypto #bitcoin #inflation __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews…

Three Arrows Capital Co-Founder Calls Crypto Hedge Fund’s Liquidators Inaccurate, Misleading: Report

CryptoX – Cryptocurrency Analysis and News Portal Zhu described the complex network of Three Arrows entities registered in different jurisdictions including Singapore, the British Virgin Islands and the U.S. state of Delaware. As a result of the diffuse structure, the Singapore-based entity – Three Arrows Capital Pte Ltd (TACPL) – may not be able to comply completely with the liquidators’ demands, according to Zhu. Original Source The post Three Arrows Capital Co-Founder Calls Crypto Hedge Fund’s Liquidators Inaccurate, Misleading: Report appeared first on CryptoX. CryptoX Portal