Day: September 1, 2022

Former blockchain skeptic David Rubenstein discloses investments in crypto companies

Carlyle Group co-founder David Rubenstein acknowledged on Sept. 2 that he has invested personally in a number of crypto companies, and is optimistic about the industry’s path to regulation in the United States. Speaking with CNBC’S Squawk Box on Thursday, the billionaire said he believes that government regulation will be positive for the industry, and that the U.S. Congress will tak a collaborative approach to boost an innovation environment in the country. “The crypto constituency is very strong in congress [and] they tend to be very Republican [or] very libertarian,” he noted.…

Bitcoin Traders’ Outlook Is So Bleak That Some Analysts See Buying Opportunity

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Alex Thorn, crypto firm Galaxy Digital Group’s head of research, argued that even if a further crash was in the cards, traders who bought BTC in similarly grim occasions in bitcoin’s history could return a profit within as soon as a month. If the largest cryptocurrency were to suddenly sell off, he pegs $17,000 as a key level that would provide strong price support. As of press time bitcoin was changing hands around $20,000, well off the all-time high around $69,000 reached last November. Original

Pyth Network : un oracle blockchain plus rapide que la foudre de Zeus !

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 📜 Site : 🐦 Twitter : 💬 Telegram français : 💬 Discord : 📃 Documents : 📢 Articles de blog intéressants : L’information, c’est le nerf de la guerre. Et c’est quelque chose qui est particulièrement vrai dans les marchés financiers, lesquels sont au centre du monde de la cryptomonnaie. Alors, les créateurs de Pyth Network ont décidé de faire les choses différemment des autres : ils ont créé un système d’oracles un peu moins décentralisé, mais beaucoup plus rapide que ses…

Web3 Is Still Censoring Sex Workers

TreatDAO’s website lists “450+ creators,” but doesn’t specify how many of those are active users. In an email, a representative from CumRocket, which is still in beta, told CoinDesk that its platform currently has “8,703 buyers registered … and 2,027 creators.” SpankChain, the longest running Web3 company built for sex workers and adult content creators, has worked with about 60 models to mint and sell their NFTs, says Knox, who works with the platform. Source

Bitcoin Slumps Below $20,000. Market Fear Springs

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For the longest stretch of days since the cryptocurrency market was shaken by unrest in July, Bitcoin has dropped below US$20,000 for a sixth straight trading session. On Thursday, the value of the biggest cryptocurrency dropped as much as 3.1% to $19,577. Bitcoin In Free Fall The largest cryptocurrency by market capitalization has been in free fall for the previous ten days as concerns over Wednesday’s FOMC minutes drove its price below $20,000. Despite the recent decline, investors seem to be increasing their Bitcoin purchases, and certain key on-chain data…

CFTC and SEC open comments for proposal to amend crypto reporting rules for large hedge funds

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The United States Securities and Exchange Commission, or SEC, and the Commodity Futures Trading Commission, or CFTC, have called for comments on a proposal which would require large advisers to certain hedge funds to report exposure to crypto. In a joint proposed rule published to the Federal Register on Sept. 1, the SEC and CFTC established a 40-day comment period for amendments to Form PF, the confidential reporting document for certain investment advisers to private funds of at least $500 million. The proposal suggested qualifying hedge funds report exposure to…

Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further Delayed – Emerging Markets Bitcoin News

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The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, the exchange in which these bonds will be offered, stated that the law framework needed for the issuance of these digital securities is still not ready. El Salvador to Delay Bitcoin Bonds Launch The launch of the iconic bitcoin bonds of El Salvador, which will serve to fund the construction of the Bitcoin City…

The total crypto market cap continues to crumble as the dollar index hits a 20 year high

From a bearish perspective, there’s a fair probability that the crypto market entered a descending channel (or wedge) on Aug. 15 after it failed to break above the $1.2 trillion total market capitalization resistance. Even if the pattern isn’t yet clearly distinguishable, the last couple of weeks have not been positive. Total crypto market cap, USD billion. Source: TradingView For example, the $940 billion total market cap seen on Aug. 29 was the lowest in 43 days. The worsening conditions have been accompanied by a steep correction in traditional markets,…

Second Round of Layoffs at Brazilian Crypto Unicorn 2TM

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