Day: August 29, 2022

BITCOIN: SOMETHING HUGE IS COMING!!!!! NOBODY'S SEEING THIS!! BTC + Crypto Price Prediction Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This Bitcoin and Cryptocurrency trading analysis applies to various exchanges, including Bybit and Binance. Tackling questions like if Bitcoin can reach all time highs again or how low BTC will crash. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space. This description contains paid sponsors and affiliate links.…

Bitcoin drops below $20,000 to lowest level since mid-July as investors dump risk assets

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Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Bitcoin dropped below $20,000 on Monday as investors dumped risk assets after the Federal Reserve affirmed its commitment to an aggressive tightening path. The world’s largest digital currency tumbled 5% from Friday’s close to hit a low of $19,526 overnight, a level unseen since July 13, according to Coin Metrics data. Other major digital tokens also sold off, with ether falling to…

Bitcoin Cash Loses 10% In Last 24 Hours, Despite 40% Hike In Trading Volume

Bitcoin Cash had shed 24% of its value in the previous 12 days. Leading coins like Bitcoin (BTC) and Ethereum (ETH) have also experienced double-digit losses over the past 26 days as a result of the broader market slump.         BCH support present at $113.2         Bitcoin Cash key resistance spotted at $117.44         BCH price currently trades at $115.65 Bitcoin Cash has already shed 10% of its value in the last 24 hours. This, despite enjoying 40% increase In trading…

Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto – News Bitcoin News

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Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza and uses the services of a third party to process the transactions. Mendoza Goes Crypto for Tax Payments More and more governments are including cryptocurrencies as a way of paying state-related obligations due to their recent popularity. Mendoza, a province of Argentina, is…

Before Investing in a Crypto Project 🔎👀 Assess Which Platform it’s Built On 🏗🛠 (ETH vs SOL…)

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Kucoin Token Struggles To Hold Key Support at $8, How Low Can It Go?

The price of Kucoin Token (KCS) has struggled to hold its key support against Tether (USDT) in recent times after showing a great recovery bounce as it cracks double-digit gains. Bitcoin (BTC) being rejected from a high of $25,200 to a region of $20,000 in the past few days has negatively affected the price of other altcoins, including Kucoin Token (KCS). (Data from Kucoin) Kucoin Token (KCS) Price Analysis On The Weekly Chart  Weekly KCS Price Chart | Source: KCSUSDT On Tradingview.com From the chart, the price of KCS had…

Fintech Makes Moves Into the Auto and Home Repair Industries With FixxFi – Press release Bitcoin News

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press release PRESS RELEASE. Dublin, Ireland, 8/29/2022 – One of the arguments against cryptocurrencies has been, “What’s the point of having a currency if you can’t use it?” While many projects are trying to establish utility for their tokens outside the world of blockchain, not many companies use or accept them. That is about to change. Fabio, the co-founder of FixxFi, had a career in finance, trading currency and Forex before taking over his family’s successful auto-repair business in Torino. He quickly discovered that customers increasingly had difficulty paying for…

Mt. Gox creditors dismiss rumors of massive Bitcoin dump

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As rumors about an upcoming Bitcoin (BTC) dump float on Twitter, Mt. Gox creditors took to Twitter to say that these are all false, with one highlighting that the defunct exchange’s repayment system is still not live yet.  In a Twitter thread, Eric Wall introduced himself as a Mt. Gox creditor and confirmed that there would not be a 137,000 BTC dump, countering rumors floating around on social media. According to Wall, the exchange has not yet completed the infrastructure needed to commence the repayment. In addition, Wall also said…

OpenSea turns into NFT ghost-town after volume plunges 99% in 90 days

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OpenSea, the world’s largest nonfungible token (NFT) marketplace, has witnessed a substantial drop in daily volumes as fears about a potential market bubble grow. OpenSea volume plummets to yearly lows Notably, the marketplace processed nearly $5 million worth of NFT transactions on Aug. 28 — approximately 99% lower than its record high of $405.75 million on May 1, according to DappRadar. OpenSea users, volume, and transactions statistics. Source: DappRadar The massive declines in daily volumes coincided with equally drastic drops in OpenSea users and their transactions, suggesting that the value…