Month: August 2022

ETH Below $1,600, BTC Under $21,000 to Start the Week – Market Updates Bitcoin News

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Ethereum extended recent declines to start the week, as the token briefly fell below a key support point in today’s session. Monday’s sell-off saw the majority of the cryptocurrency top 100 in the red, with the global market cap down 1.61% as of writing. Bitcoin also slipped, once again falling below $21,000. Bitcoin Bitcoin (BTC) started the week in the red, as prices of the token dropped following a mini-rally over the weekend. Less than 24 hours after hitting a high of $21,668.85, BTC/USD slipped to an intraday low of…

BITCOIN TERS KÖŞE YAPACAK CEEK AVAX

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #bitcoin #ceek ve #avax son durum değerlendirmelerimin olduğu bir içerik hazırladım Aşağıdaki referans  bağlantısı tüm işlemlerde sizler için kanalımıza özel %20 indirim sunacak dünyanın en büyük borsalarından olan KuCoin ne hemen kayıt olabilirsiniz. telegram: hala takip etmediysen beni twitter üzerinden takip edebilirsin.. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Seven S. Korean Brokerages Plan to Start Crypto Exchanges Next Year: Report

Mirae Asset Securities and Samsung Securities are among the seven firms, the newspaper reported citing anonymous industry sources. Mirae has established a subsidiary under its affiliate Mirae Consulting, which is hiring technical staff for various cryptocurrencies and non-fungible tokens, while Samsung is studying how to enter the blockchain-based security tokens market, NewsPim reported. At the end of last year, Samsung could not find staff to build a crypto trading platform, the newspaper wrote. Source

South Korea To Tax Crypto Airdrop Recipients: Report

The gift tax could be levied on the person who receives the airdrop, the official said in response to a query on the matter. The recipient will have to file a tax return within three months of the airdrop and tax will be levied at 10%-50%, the report said. The tax will be considered on a case-by-case basis, an official from the tax industry told Digital Times. Source

Mark Zuckerberg to Overhaul Meta’s Metaverse App Horizon Worlds After Criticism of Its Simple Graphics – Metaverse Bitcoin News

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Meta CEO Mark Zuckerberg has decided to overhaul the company’s flagship metaverse app Horizon Worlds after it received heavy criticism due to its graphic simplicity. The backlash was received as a consequence of one of the selfies of Zuckerberg’s avatar in Horizon Worlds presented to illustrate the launch of the platform in Spain and France. Horizon Worlds to Get Graphics Overhaul Mark Zuckerberg, CEO of Meta, a social media and VR company, announced that a series of changes are coming to Horizon Worlds, Meta’s metaverse-focused app, to make…

Morgan Stanley Says Tightening in the Crypto Market Has Paused

Last week was the first time since April that the market cap of the coins, cryptocurrencies whose value is tied to real-world assets such as gold or national currencies, didn’t drop on a monthly basis, according to the report. While it is still 20% below its peak, this may be a sign that “extreme institutional deleveraging” appears to have paused for now. Source

O QUE É BLOCKCHAIN? | COMO FUNCIONA A TECNOLOGIA POR TRÁS DO BITCOIN

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io – Entre na lista de espera para a próxima turma da Mentoria do Mil ao Milhão 4.0: – – Se inscreva na newsletter do Grupo PRIMO e fique por dentro de tudo que acontece no mundo de tecnologia: O QUE É BLOCKCHAIN? | COMO FUNCIONA A TECNOLOGIA POR TRÁS DO BITCOIN Se inscreva no canal e siga o @Primoverso #PRIMOVERSO #BLOCKCHAIN #BITCOIN #CRIPTOMOEDA ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Correlation growing between crypto and equity markets in Asia, says IMF

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Before the COVID-19 pandemic in Asia there was a strong division between the crypto and financial markets in general. Now, that border has got thinner and the situation demands additional regulatory measures, the International Monetary Fund (IMF) believes.  In a blog post from Aug. 21, a group of IMF economists shared their concerns over the dynamics of Asian markets, where the integration of crypto in the larger financial system appears to be growing swiftly. This poses certain risks to financial stability, the economists stated, adding: “While the financial sector appears…

USDC whale holdings percentage lowest in almost two years

The percentage of USD Circle (USDC) stablecoins held by major wallet addresses dropped to its lowest point in almost two years as the cryptocurrency market downturn continues. Cryptocurrency analytics firm Glassnode has released the latest data on USDC metrics, reflecting a recent sell-off of the second biggest U.S. dollar-backed stablecoin by market capitalization. $USDC Percent Supply Held by Top 1% Addresses just reached a 22-month low of 87.667% Previous 22-month low of 87.669% was observed on 20 August 2022 View metric:https://t.co/EU57HUtLdu pic.twitter.com/dG7Qj1bAjF — glassnode alerts (@glassnodealerts) August 22, 2022 As…