Month: August 2022

Will Bitcoin crash to $0? Governments can soon seize your money, here's how – Layah Heilpern

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Layah Heilpern, host of The Layah Heilpern Show and author of “Undressing Bitcoin: A Revealing Guide To The World’s Most Revolutionary Asset” discusses the utility of Bitcoin with David Lin, Anchor for Kitco News. Follow David Lin on Twitter: @davidlin_TV ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Layah Heilpern on Twitter: @LayahHeilpern ( 0:00 – Bitcoin vs money “confiscation” 6:38 – Government intervention with BTC 9:44 – Bitcoin as a medium of exchange 14:00 – Is Bitcoin a Ponzi scheme?…

Crypto mining can benefit Texas energy industry: Comptroller’s office

boss

The United States filled in the wide gap in Bitcoin (BTC) mining that was left open by China by the end of June 2021. Despite looming rumors of high power consumption, officials in Texas, one of the fastest growing crypto mining hubs in the US, now believe that mining operations can, in fact, garner a symbiotic relationship with the energy industry.  A newsletter from the Texas Comptroller’s office revealed the state’s pro-crypto stance with the intent to host long-term miners and operators. Clarifying the general misconception about Bitcoin’s energy usage,…

Litecoin (LTC) Near-Term Route Could Be Determined By This Factor

boss

Litecoin (LTC) could be heading the bearish route. According to CoinMarketCap, LTC has nosedived by 0.52% or trading at $56.50 as of press time. Litecoin going the bearish track LTC down by 0.52%, trading at $56.50 LTC engulfing candlestick shows increased selling pressure In the past few days, LTC is seen to be hovering close to its midpoint. Notably, Litecoin is down by 12.75 from its five-day high yet spiked by 7.26% compared to its five-day low that registered at $52.56. LTC price is gliding above the key resistance level.…

China’s Ant Group to help Malaysia launch crypto-friendly ‘super app’

Malaysia continues accelerating its pace of cryptocurrency adoption as one of the major local banks is moving into cryptocurrency trading as part of its default banking offerings. Kenanga Investment Bank Berhad, one of the largest private investment banks with more than 500,000 customers, has partnered with China’s tech giant Ant Group to launch a crypto-friendly wallet and trading app. According to an announcement on Wednesday, Kenanga has signed a memorandum of understanding with Ant to jointly develop Malaysia’s wealth application called categorized as a super app. Under the terms of…

BitBoy Crypto Sues Atozy for Defamation

“I’m crowdfunding to help cover the insane costs of defending myself against this frivolous lawsuit,” he posted in a Twitter thread. “Last night the 3rd person Bitboy sent to my house showed up and served me the lawsuit. According to media reports, he has previously made ‘$30,000 for a single paid promotion’ and now ‘feels responsible for the losses suffered by his followers.’ I stand by the allegations in the lawsuit, and don’t understand why he filed it,” Atozy added with a link to a CNBC story about social media…

Crypto Exchange Bidget Continues to Sponsor Juventus for Another Year

boss

Cryptocurrency exchange, Bitget announced on Wednesday the extension of its big-ticket sports sponsorship deal with the Italian football club, Juventus for another year. Originally, inked last September, the crypto company will continue to sponsor the football club in the 2022-23 playing season. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. With the extension, the branding of the crypto exchange will continue to appear on the sleeves of the jersey of the Juventus…

Blockchain Investor Charles Read Talks Crypto, NFTs and Giving Back

boss

As the co-founder of web3 investment firm Rarestone Capital, Charles Read is intimately familiar with the crypto market’s topsy-turvy nature: the euphoric highs and crippling lows that regularly spawn both eulogies and obituaries. But the 28-year-old is the antithesis of the wired investor who burns the midnight oil while endlessly obsessing over trading candlesticks. A father of three, the quiet-spoken Englishman says the secret to his success is keeping a level head and striving for balance. “This industry is truly remarkable, the talent at work is on another level, but…

Second Biggest Brazilian Bank Bradesco Not Interested in Crypto, Alleges It Is Still ‘Very Small’ – Fintech Bitcoin News

boss

Bradesco, one of the biggest banks in Brazil, has stated it does not have plans to enter the cryptocurrency market in the near future. In an interview, Bradesco CEO Octavio de Lazari Junior stated that the company was currently not interested in launching crypto services to its customers, considering the cryptocurrency market will be “very small.” Bradesco Won’t Offer Cryptocurrency Services In Near Future While many neobanks and traditional private banks are launching crypto investment services as part of their portfolio to keep customers using their services, others…

Bitcoin bulls may win big as two key moving averages prepare to cross

boss

Bitcoin (BTC) lost a key bear market trendline last week as it shed almost 12%, but other chart data offers a silver lining for bulls. As noted by popular Twitter user Dave the wave on Aug. 24, long-term moving averages (MAs) are about to repeat classic bullish behavior. Analyst: Bulls could be about to “do well” BTC/USD disappointed over the weekend as it put in lows not seen since the end of July. Since then, $21,000 has offered only weak support, and fears abound that new lows are coming. One…

Accumulation Phase For BITCOIN?! Target THESE Zones! *BTC DAILY ANALYSIS*

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this daily Bitcoin update, we discuss the recent hourly range and which prices to target for this upcoming week📊 📈 Trading Community & More Guidance: Follow Me On: ☑️TikTok: ☑️Instagram: ☑️Twitter: 📩Contact: matt@fxstrading.com – Is Bitcoin bullish or bearish? – When should I buy Bitcoin? – When should I sell Bitcoin? – Where’s Bitcoin’s next supply zone? TIMESTAMPS: 0:00 Intro 0:24 Weekly Range 1:16 Recent Liquidity Grab 2:14 Next Range 3:53 Higher Targets 5:11 Outro #bitcoin #crypto #btc #priceaction #cryptotrading ▶…