Month: August 2022

Crypto News – Tesla Sells Bitcoin! Matic, XRP, & Apecoin Updates!

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TA- Alien Worlds (TLM) Set For A Major Rally As Market Looks Promising

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The price of Alien Worlds (TLM) has struggled to break out of a range recently with few bullish signs against Tether (USDT).ย  Alien worlds could be set for a major rally after narrowly holding above key support as other crypto assets continue to trend higher. Alien Worlds (TLM) Price Analysis On The Weekly Chart Weekly Chart Analysis For TLM Price | Source: TLMUSDT On Tradingview.com From the chart, the price of TLM saw a weekly low of $0.02, which bounced from that area and rallied to a price of $0.0313.…

BTC Not Quite Ready to Stay Above $25K

However, that move occurred within a candle that finished the hour in negative territory, indicating that bitcoin isnโ€™t ready to hold $25,000 support. A trading candle illustrates an asset’s high, low, opening and closing price within a chart. Bitcoinโ€™s price rose 2.7% before the start of U.S. trading before declining 3.5%. Source

In the eye of Tornado Cash

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Summer is still on, harvesting the fresh names for its list of the crypto companies in deep trouble. This time, the trouble came not from the market or management but from the United States Treasury Department. The regulator has added more than 40 cryptocurrency addresses allegedly connected to crypto mixer Tornado Cash to the Specially Designated Nationals list. These individuals and groups allegedly laundered more than $7 billion worth of cryptocurrency.ย  Accusations like this donโ€™t come easy โ€” one of the co-founders of Tornado Cash has reported his account suspended…

Peter Schiff Warns US Faces a โ€˜Massive Financial Crisis,’ Economist Expects Much Larger Problems Than 2008 โ€˜When the Defaults Startโ€™ โ€“ Economics Bitcoin News

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The economist and gold bug Peter Schiff usually has a lot to say, and this past week Schiff explained during an interview that he believes the U.S. will face a financial crisis worse than 2008โ€™s โ€˜Great Recession.โ€™ Schiff explains that the U.S. has a lot more debt than it did back then, and insists Americaโ€™s economic downturn โ€œis going to be a much bigger crisis when the defaults start.โ€ Chief Market Strategist at Euro Pacific Asset Management Says the Decline in US Inflation โ€˜Is Only Temporaryโ€™ While Peter Schiff detailed…

Bitcoin Still Very Bearish, Says Peter Schiff

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Bitcoin may be aiming for another retest of a crucial price level that prevents the digital gold from entering another bear cycle, which appears to be the next logical objective given that the first cryptocurrency was unable to break through $25,000, according to the cryptocurrencyโ€™s daily chart. Bitcoin May Fall If It Goes Below This Level After falling below $20,000 in June, Bitcoin has been trading in a rising wedge for more than a month. Since then, the value of the king cryptocurrency has increased by over 25%, with occasional…

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Canadian regulatory council creates new preregistration filing for crypto platforms

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The Canadian Securities Administrators (CSA), the council of provincial and territorial securities regulators, announcedย Monday that crypto trading platforms will be expected to provide a preregistration undertaking to their principal regulators as they take steps to comply fully with securities regulation. Two platforms, Crypto.com and the Canadian platform Coinsquare Capital Markets, have already filed those undertakings.ย  Trading platforms will be expected to agree in the undertaking to comply with terms and conditions relating to investor protection. Filing the undertaking will allow crypto trading platforms to continue operating during the review of…

Brazilโ€™s Largest Brokerage, XP, Launches Bitcoin, Ether Trading

XPโ€™s crypto platform, named XTAGE, is built on the trading technology of major American stock exchange Nasdaq and will have an integration with MetaTrade 5, a forex and stock trading tool, the company said. XP added that it also tapped crypto custody firm BitGo to store XTAGEโ€™s assets, most of which will be held in cold wallets not connected to the internet. Source