Day: August 30, 2022

Lightnet Group Lands $50M to Help Scale Velo Blockchain Protocol

Global investment firm LDA Capital has committed $50 million to Lightnet Group – a blockchain financial technology startup to help in building out its infrastructure. The startup will have the option to receive more funding, up to $100 million cumulative in the next three years. Lightnet Group will be deploying the massive funding to bolster its “Web 3.0 payment and blockchain ledger-based remittance services focused across the Asia Pacific and globally around the world.”   As part of the primary commitments of Lightnet Group is the need to develop the…

Bitcoin Price Reclaims $20K, Why 100 SMA Is The Key To More Upsides

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Bitcoin started a recovery wave above the $20,000 resistance against the US Dollar. BTC is now facing a strong resistance near the 100 hourly SMA. Bitcoin started a minor upside correction and climbed above the $20,000 resistance. The price is now trading below the $20,500 level and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $20,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $20,400 zone and the 100 hourly…

Senator Warren ‘Very Worried’ About Federal Reserve Raising Interest Rates, Tipping US Economy Into Recession – Economics Bitcoin News

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U.S. Senator Elizabeth Warren says she is “very worried” that the Federal Reserve will tip the economy into recession. “There is nothing in raising the interest rates, nothing in Jerome Powell’s tool bag that deals directly with” the causes of inflation, she explained. Senator Elizabeth Warren on Inflation and the Fed Raising Interest Rates U.S. Senator Elizabeth Warren (D-Mass.) discussed inflation and the Federal Reserve raising interest rates during an appearance on CNN’s State of the Union Sunday. She began by commenting on the speech by Federal Reserve Chairman Jerome…

SEC’s shakedowns leave consumers holding the bag

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Ripple Labs General Counsel Stu Alderoty has hit back at a recent opinion piece by Security and Exchange Commission chairman Gary Gensler, arguing that the regulator’s crypto market shakedowns aren’t protecting consumers.  In an Aug. 28 opinion piece on the Wall Street Journal (WSJ) titled “The SEC Wants to Be America’s Crypto Cop,” Alderoty claimed the SEC is “pushing aside his follow regulators” instead of concentrating on providing regulatory clarity for crypto. He gave an example of the recent “shakedown” of BlockFi by the SEC, which led to the company…

BITCOIN NEWS, TA, HOP 2 Flow, TAX WITH CRYPTOTAXFIXER (Clinton Donneley) AND AMA FROM BAMBAM BEACH

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In todays video we take a look at the Bitcoin price and the next target. 🏆 BYBIT $4100 Bonus + 30% Fee Discount + FREE BIT LAUNCHPAD!! 🏆 Discord Channel 🔥APEX 🔥bit.ly/ApexProtocolTBF 🔥 Step 1: Connect their wallets Step 2: Click on “I’m invited” Step 3: Enter your “Referral Code” – TBFDIDI02 🏆 OKX (OKEX) $5000 BONUS 🚀 🏆 🏆 PHEMEX $1600 BONUS 🏆 PRIME XBT $1750 BONUS BINANCE TRADING PLATFORM (better then tradingview) Guys Make sure to check these links and…

Taipei Blockchain Week Imperiled by Government’s COVID-19 Quarantine; Bitcoin Rebounds Above $20K

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Other altcoins in the CoinDesk top 20 by market cap were in the green, most of them firmly so with ATOM and LRC recently jumping 12% and 8%, respectively. AVAX rose more than 5%, regaining ground it lost after a self-described “whistleblower” website on Sunday accused Ava Labs, the company behind the Avalanche,, layer1 blockchain, of paying lawyers to hurt competitors and keep regulators at bay. On Monday, Emin Gün Sirer denied Ava Labs, has been involved in any behind-the-scenes smear campaign. Original

FBI issues alert over cybercriminal exploits targeting DeFi

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The U.S Federal Bureau of Investigation (FBI) has issued a fresh warning for investors in decentralized finance (DeFi) platforms, which have been targeted with $1.6 billion in exploits in 2022.  In an Aug. 29 public service announcement on the FBI’s Internet Crime Complaint Center, the agency said the exploits have caused investors to lose money — advising investors to conduct diligent research about Defi platforms before using them, while also urging platforms to improve monitoring and conduct m rigorous code testing. The law enforcement agency warned that cybercriminals are out…

Bitcoin Price Prediction & Technical Analysis !

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ► Important Risk Notice: In this video, I will share my btc price prediction & technical analysis so you can watch it to possibly improve your crypto trading skillset. ► Mentorship Program: ► Free Telegram Channel: PREVIOUS ANALYSIS: PREVIOUS ANALYSIS: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays Elevated – Economics Bitcoin News

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Global investment bank Goldman Sachs has urged investors to buy commodities now and worry about a recession later. The firm’s analysts see commodities as “the best asset class to own during a late-cycle phase where demand remains above supply.” Meanwhile, “equities could suffer as inflation stays elevated and the Fed is more likely to surprise on the hawkish side,” Goldman noted. Goldman Sachs’ Recommendation: Buy Commodities Now Global investment bank Goldman Sachs has recommended investors buy commodities. In a note titled “Buy commodities now, worry about the recession later,” published…