Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT

Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices. The World Bank has warned of a possible global recession in 2023. In a press release on Sept. 15, the bank said that the current pace of rate hikes and policy decisions is unlikely to be enough to bring inflation down to pre-pandemic levels. Ray Dalio, the billionaire founder of Bridgewater Associates said in a blog post on Sept. 13 that if rates were to rise to about…

Grayscale Investments Declares Rights to 3.1M ETHPoW

Holders of ether were granted ETHPoW when the fork happened. As a result, the Grayscale Ethereum Trust now holds more than 3 million ETHPoW tokens, and the Grayscale Digital Large Cap Fund holds 40,000, according to a press release. Grayscale said it wants the right to sell the tokens and distribute the cash proceeds to shareholders “in its sole discretion,” provided there’s a market for the coin. Source

US Treasury report encourages instant payment, recommends more CBDC research

United States President Joe Biden ordered more than a dozen reports to be written when he released his Executive Order (EO) 14067 “Ensuring Responsible Development of Digital Assets.” Five had due dates wiin 90 days, and the last three were published simultaneously by the Treasury Department on Sept. 16. The reports were prepared in response to instructions in Sections 4, 5 and 7 of the EO. The report ordered in EO Section 4 is titled “The Future of Money and Payments.” The report looks at the several payment systems currently…

Por que a BlackRock pode fazer bitcoin (BTC) disparar? Entenda no Criptonews

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io O preço do bitcoin hoje pode disparar. E entre os motivos está a BlackRock. A maior gestora do mundo pretende investir pesado no BTC, uma das melhores criptomoedas para investir em 2022. Assista ao Criptonews e entenda como a BlackRock pode alavancar o bitcoin! O patrimônio da Black Rock é 20 vezes maior que o valor de mercado total do BTC. Ou então, oito vezes mais que o valor total do mercado de criptomoedas. Mas o que pode acontecer se a cada…

Craig Wright’s Abnormal Psychology

As GQ Australia’s Stuart McGurk summarized O’Hagan’s findings, nCrypt had agreed to “buy up [Wright’s] companies and settle his debts,” including huge debts to the Australian Taxation Office. “In return, [Wright would] work on patents linked to the underlying blockchain technology behind bitcoin. And [Wright] would publicly out himself as Satoshi. The package, [nCrypt] felt, was worth billions. They planned to sell it to Google.” Source

Blockchain Association calls White House’s crypto framework a ‘missed opportunity’

Members of the crypto space and advocacy groups reacted to United States President Joe Biden’s administration releasing a regulatory framework on digital assets, with many suggesting the White House focused on the potential negative aspects of crypto. In a Friday announcement, the White House said that federal agencies and departments had submitted nine reports as required by Biden’s executive order on crypto from March. Among the information in the fact sheet included policy objectives for a U.S. central bank digital currency, ways to mitigate the possible impact of crypto’s energy…

Endereços cripto personalizados: O que são os domínios no blockchain?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Se você já investe em criptomoedas e tem uma carteira digital, deve saber que o seu endereço não é dos mais bonitos. A extensa combinação de números e letras é praticamente impossível de decorar! Foi pensando nisso que um sistema de domínios parecido com o que temos na internet hoje foi criado também para o blockchain. Da mesma forma que na internet temos sites como “google.com” e “facebook.com”, no blockchain podemos ter carteiras como “seunome.eth”, “seunome.crypto”, entre outros! As possibilidades, são infinitas,…

Dogecoin Re-enters Crypto Top 10, But Price Continues To Struggle

Meme coin Dogecoin is asserting dominance in the market once more. Last week, the digital asset lost its prized crypto top 10 positions when Polkadot (DOT) rallied, and it overtook the meme coin. However, as the week draws to a close, DOGE has taken the lead over DOT once more.  Dogecoin Makes Top 10 After spending about a week out of the top 10 cryptocurrencies by market cap list, Dogecoin has reclaimed the 10th spot on the market. It is less a result of a rally in the price of…