Day: September 15, 2022

STEPN (GMT) Struggles To Hit $1, Is The Price Running Out Of Steam?

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STEPN (GMT) has struggled to show its move in recent months after ranking as the top gainer for several weeks against tether (USDT). The price of STEPN has struggled to rally to $1 despite the market seeing relief bounces across the market, with many altcoins producing double-digit gains, with the price of STEPN (GMT) showing little or no steam left for a major rally. (Data from Binance) STEPN (GMT) Token Price Analysis On The Weekly Chart Weekly GMT Price Chart | Source: GMTUSDT On Tradingview.com   GMT saw a decline…

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Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin – Bitcoin News

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The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting climate change. The science and tech department believes the Biden administration needs to take action against the industry and create mining standards and regulations. Following the report, Saylor published a letter addressed to journalists, investors, and regulators concerning the “sheer volume of misinformation…

Investors Add $74M to Crypto-Focused Valkyrie Trusts

“Tron has gained significant traction because the Tron network continues to see continued transaction growth, including for stablecoins, and investors familiar with the Asia-Pacific region have started taking notice,” a Valkyrie spokesperson told CoinDesk in an email. “Avalanche is also seeing increased adoption at a substantial rate, including earlier this week when KKR announced a deal with Securitize to tokenize a piece of a private equity fund on the Avalanche blockchain.” Source

Analyst Says Bitcoin Could Plummet 30% Before Upward Trends Starts

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The crypto market has recorded massive losses since May 2022. After the Federal Reserve announced and kicked off interest rate hikes, prices tanked due to selling pressure. Many crypto investors and operators of diverse solutions have faced different crises from market moves.  But it seems the end is not near yet. Even as the Merge date has finally come, analysts predict a price plunge for Bitcoin. Going by past market moves, a fall in BTC price causes altcoins to plummet and vice versa. So, this analysis is not what investors…

Will the US Ban Bitcoin Mining? l White House Crypto Mining Report

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io My take on the White House crypto mining report and potential Ban on Bitcoin mining. 🌟Sponsor – Signup with Uphold. 🚀 Get the Ledger Nano X to Safely store your Crypto – 🔥 iTrust Capital – ✅ Become a Channel Member – 💥 Sign up for the Free Thinking Crypto Weekly Newsletter 💥 Easily do your Crypto taxes, I personally use this service – 🔥 Sign Up with Okcoin ➡️ Follow on Twitter – ➡️ Follow on Facebook – ➡️ Website –…

Cowboy Maverick Johnny Cash Mines 2.6 BTC Jackpot in Gold Rush at Bitcoin.com’s Crypto Casino – Promoted Bitcoin News

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Gold Rush with Jonny Cash dishes out a massive win of 2.6 BTC! Massive Win on Casino Slot Jackpot wins on our crypto casino Bitcoin.com Games have become a regular phenomenon with players winning insane amounts of BTC every month. Just yesterday, a lucky player’s mining adventures on the smashing slot game Gold Rush with Johnny Cash took an extremely fortuitous turn. One of the bets that they had made on the slot was destined to land them a massive win of 2.6 BTC. Gold Rush with Johnny Cash Gold…

US Treasury sanctions 5 crypto addresses connected to Russian neo-Nazi paramilitary group

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The United States Department of the Treasury added five cryptocurrency addresses tied to a neo-Nazi group involved in Russia’s war on Ukraine to list of entities sanctioned by the Office of Foreign Asset Control. In a Thursday notice, the U.S. Treasury designated 22 individuals and 2 entities, including many the government department claimed had furthered the Russian government’s objectives in Ukraine, to its list of Specially Designated Nationals, effectively barring U.S. persons and companies from dealing with them. Included in sanctions of one of the entities — a neo-Nazi paramilitary…

Golem (GLM) Leads Gain, Adding Over 20% In The Last 24 Hours

Many cryptocurrencies recorded price fall in the past 24 hours. For instance, Bitcoin prices have fallen by 1.65% in the past 24 hours. Even though the 7-day gain shows a 3.23%, the current level is not encouraging.  Ethereum hasn’t fared well, either. Its 1-hour trend shows a 0.99% loss, while the 24 hours level indicates a 1.76% fall. Looking at ETH 7 days price movement, the crypto has lost 7.02%, which is surprising given the hype around the Merge. Related Reading: Displaced ETH Miners Seek Refuge In Ethereum Classic, Ravencoin…