Month: August 2022

BlackRock Pairs Up with Cryptocurrency Exchange Coinbase Global

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BlackRock Inc. is partnering with Coinbase Global Inc. to make it easier for institutional investors to manage and trade Bitcoin.  The BlackRock-Coinbase Global partnership demonstrates that there is still demand for cryptocurrency exposure from sophisticated investors, despite the sharp decline in prices this year. In a huge fillip for the cryptocurrency industry, the world’s biggest asset manager BlackRock (+0.79%) is partnering with exchange Coinbase Global (+10.01%) to make it easier for institutional investors to manage and trade Bitcoin. The announcement by Coinbase Global and BlackRock sent shares of the former…

Watch CNBC's full interview with MicroStrategy CEO Michael Saylor at Bitcoin 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io MicroStrategy CEO Michael Saylor speaks with CNBC’s MacKenzie Sigalos about the company’s latest bitcoin purchase, potential U.S. regulation and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan…

Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO

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White Rock Management CEO Andy Long believes bear markets “present excellent opportunities” for expansion via mergers and acquisitions in the crypto mining sector. Speaking with Cointelegraph, the crypto mining company CEO noted that companies who have managed their balance sheets effectively are in “great shape” during this bear market, and will continue to do well even if there’s more volatility to come. “The bear market has presented challenges for the miners who leveraged up at the top of the market, however, the sector has been here before, and well capitalized…

Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals – Finance Bitcoin News

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Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media reports. The move threatens to tarnish the country’s image as one of Europe’s most crypto-friendly destinations, a haven for bitcoin enthusiasts. Portuguese Crypto Firms Hit by Bank Account Closures Portugal, a leading European crypto hub, is risking the loss of its attractiveness for crypto businesses and talent working in the industry as some of its largest banks are now closing accounts of companies operating with digital currencies. Last week, the…

THORChain (RUNE) Ready For 20% Climb Before Next Correction

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Cross-chain exchange THORChain (RUNE) price registers a gain of 8.12% seen in the past two days. Amazingly, RUNE price maintains its bullish streak as it sprints above the rising parallel channel pattern.  More so, a reversal seen at the support trendline may also ignite a bull run as it hammers through the resistance trendline. On the other hand, referring to the technical analysis, this particular pattern may trigger a price correction following a breach from the bottom trendline. EMAs are seen at $2.5 showing strong resistance on the downside. Thorchain’s…

LBank Goes on a Worldwide Grassroot Educational Campaign in July – Sponsored Bitcoin News

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Top cryptocurrency exchange, LBank, gave its various communities across the world a July to remember. With a lineup of activities, the trading platform kept it interesting, interactional and most importantly, educational for its users. In addition, the exchange supported several philanthropic projects that helped the less fortunate in different regions. While the month was jam-packed with activities, LBank Labs, LBank’s investment division, was hard at work, identifying new businesses to incubate. It also hosted an end-of-the-month “Fintech Meetup,” bringing all budding experts to discuss crypto regulation and the next-generation innovative…

Uniswap Foundation proposal gets mixed reaction over $74M price tag

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The Uniswap Labs community has already begun mulling over a new proposal that would form a Uniswap Foundation based in the United States (U.S.), but first, it’s going to cost $74 million. The proposal has garnered mixed feedback from the community so far, with many praising the foundation’s plans to support and expand the Uniswap ecosystem, while others have balked at its hefty price tag. The Aug. 5 proposal was put forth by Uniswap Labs’ former Chief of Staff Devin Walsh and Uniswap Grant Program lead Kenneth Ng, noting the…

This CRYPTO will make MILLIONAIRES | Don't do this in Crypto Investment | Cryptocurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Cryptocurrency #Crypto #Investment Cryptocurrency investment is very easy and simple, everyone knows how to buy Crypto/Tokens, but when it comes to figuring out which Crypto to buy some of the investors make huge mistakes, which you should not while investing in Cryptocurrency. Let’s Discuss. WARNING – We will never leave share our whatsapp number on your comment, nor will contact your from any social media account (Our only Social Media Account links are given below), we never ask for any money or…

Solana-hacked crypto could be claimed as a tax loss: Experts

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For unlucky crypto investors looking to turn lemons into lemonade — it turns out that digital assets lost during an exploit or hack can potentially be claimed as a tax loss, provided you live in the right country, experts told Cointelegraph.  Following the news that more than 8,000 Solana wallets had been compromised and that an estimated $8 million dollars in crypto had been stolen due to a security breach in Web3 wallet provider Slope’s network, this may be some much-needed consolation. The Solana hack, and it’s possible tax consequences:…