Day: September 17, 2022

ApeCoin Climbs 4.3% In Last 7 Days – Where’s APE Getting All That Energy?

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ApeCoin (APE), the Bored Ape Yacht Club token, has been rallying over the past week with gains registering at a peak of 4.3% and trading at the $5.12 level. APE shows energy, rallies 4.3% in the past seven days Coin impacted by general crypto slump US inflation also weighing down on crypto price APE is a busy bee and apparently, the recent uptick enjoyed by APE is said to have been ushered by current projects or developments in the network. The Ape Foundation has recently rolled out a couple of…

Confused When to Invest in Cryptocurrency in this Down Market | Cryptocurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Crypto #Cryptocurrency #Bitcoin Everybody is looking to invest in this down market as most of the Crypto/Tokens are down 80-90% from their all time high but at the same time they are nervous while buying the dip because lot of people are speculating a further down trend in Crypto World, people are nervous and are currently looking to stay away. But the scenario changes as soon as the market shows a positive movement that is when the investors comes in and are…

Future of cryptocurrencies in question after plunge in value

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io It’s been a very rough year so far for stocks and other investments as the markets have dropped sharply over the past few months. That plunge has been even larger for cryptocurrencies. Since November, the total market value of all cryptocurrencies combined is down nearly two-thirds, or about $2 trillion. Dion Rabouin of The Wall Street Journal joins William Brangham to discuss. Stream your PBS favorites with the PBS app: Find more from PBS NewsHour at Subscribe to our YouTube channel: Follow…

Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins – Bitcoin News

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According to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak, a Southern District of New York bankruptcy judge appointed a third-party examiner to review the company’s finances. Celsius is also attempting to sell a stash of stablecoins worth $23 million, according to a court filing submitted on Thursday. Celsius Looks to Revival Plan, Examiner Appointed to Scan Financials, Firm Wants Access to Stablecoin Liquidity The ongoing Celsius bankruptcy continues and…

Cost Basis, Long-Term Holders, And The Cyclical Bottom

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In this month’s The Bitcoin Monthly, ARK Invest focused on Ethereum and the Merge. As a side dish, they did publish some premium and review-worthy stats that we’re about to cover. Never mind the market, the Bitcoin network keeps producing block after block regardless. The stats that this whole activity produces can be critical in understanding the market, though. That’s where ARK Invest’s The Bitcoin Monthly comes in. The publication defines itself as “an “earnings report” that details on-chain activity and showcases the openness, transparency, and accessibility of blockchain data.”…

Why Celsius Investors Don’t Seem Upbeat Despite CEL Rallying 30%

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Celsius (CEL) has been on the headlines recently in line with hearing updates following its filing of bankruptcy and sale of stablecoins. CEL price spikes 30% as seen in the past 24 hours Price slumps 13.21% despite improvement in social media metrics ETH Merge to impact CEL performance Celsius Network has recently filed for bankruptcy in July and is now in Chapter 11 proceedings. More so, the network has also requested for court authorization on its plans to dispose its stablecoins to pump up liquidity needed for its operations. Once…

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White House Releases ‘First-Ever’ Framework for Digital Asset Development — Crypto Industry Leader Says Recommendations Are Unclear – Regulation Bitcoin News

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The White House has now released what it called its “first-ever” comprehensive framework for the responsible development of digital assets just over six months after U.S. President Joe Biden signed an executive order on the same matter. However, one crypto industry leader has lamented the lack of clarity and understanding of the technology in the White House’s fact sheet. Reinforcing United States Leadership in the Global Financial System Just over six months after U.S President Joe Biden signed an Executive Order (EO) outlining the government’s multi-pronged approach toward digital assets,…

Bihar: Illegal mining पर लिया एक्शन तो दफ्तर में घुस गए Mafia, अफसरों ने सुनाई 'दहशतगर्दी' की कहानी

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bihar में Illegal mining पर एक्शन के बाद अधिकारियों को धमकाने का मामला सामने आया है. बताया जा रहा है कि बालू का ट्रक पकड़ने पर Mafia ने अफसरों को दफ्तर में घुसकर जान से मारने की धमकी दी. रिपब्लिक भारत करते हुए अधिकारियों ने दहशतगर्दी की कहानी सुनाई. #Illegalmining #Patna #BiharNews Republic का भरोसा हिंदी में भी. जुड़ें सही और सटीक खबरों के लिए सिर्फ रिपब्लिक भारत के साथ. Watch The Latest Hindi News, Live News, Breaking News, News Hindi, Only…

Bitcoin better than physical property for commoners, says Michael Saylor

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MicroStrategy CEO and Bitcoin (BTC) advocate Michael Saylor doubled down on his support for Bitcoin as he explained the issues related to transferring the value of physical properties such as gold, company stocks or equity and real estate during the Australia Crypto Convention. Speaking about the underlying proof-of-work (PoW) consensus mechanism, Saylor highlighted that Bitcoin is backed by $20 billion worth of proprietary mining hardware and $20 billion worth of energy.  He then pointed out that traditional assets such as gold (in high quantity) and land are nearly impossible to…