The Bitcoin price has been moving sideways on low timeframes after experiencing a rejection north of $20,000. The number one cryptocurrency by market cap was benefiting from Ethereumโs โMergeโ bullish momentum, but with that factor gone, bears seem to be back in control. At the time of writing, the Bitcoin price trades at $19,200 with a 14% loss over the past week and sideways movement in the last 24 hours. The cryptocurrency crashed below a critical support zone at around $18,500 during the weekend which has provided bearish arguments with…
Day: September 20, 2022
Here’s a roadmap for replacing shadowbans in the metaverse
For all the hype around the metaverse, it is easy to forget it is still in its infancy. While the term has only recently entered the broad public consciousness, its impact on how we interact with technology is already expected to be deeply consequential. McKinsey & Company estimates that annual global spending within the metaverse could reach $5 trillion by 2030 across domains as broad as gaming, social, fitness, commerce and remote learning.ย The question of how to define and build technology with such broad capabilities is in flux. While…
Microstrategy Buys 301 Bitcoin, Public Company Now Holds 130,000 BTC โ Bitcoin News
According to Microstrategyโs executive chairman Michael Saylor, his company has recently purchased 301 bitcoin for $6 million at an average price of $19,851 per coin. Saylor detailed that the firmโs balance sheet now holds 130,000 bitcoins as the companyโs stash is the largest number of bitcoins held by a publicly listed business today. Microstrategy Acquires More Bitcoin at an Average Price of $19,851 per Coin On Tuesday, Michael Saylor announced that Microstrategy acquired 301 BTC for $6 million and the company paid an average price of $19,851 per coin. Itโs…
China will expand CBDC trials to most populous province: Report
The Peopleโs Bank of China, or PBoC, will reportedly expand deployment of its central bank digital currency, the e-CNY, to four of the countryโs provinces, including Guangdong. According to a Tuesday report from the South China Morning Post, PBoC deputy governor Fan Yifei said at an event in Suzhou that the bank would be rolling out e-CNY trials in the provinces of Guangdong, Jiangsu, Hebei and Sichuan. With a combined population of more than 360 million people, the reported move would be a marked expansion of the central bankโs CBDC…
Nasdaq lanzarรก un servicio de custodia de criptomonedas para clientes institucionales
โLa demanda entre los inversores institucionales para participar en activos digitales aumentรณ en los รบltimos aรฑos, y Nasdaq estรก bien posicionado para acelerar una adopciรณn mรกs amplia e impulsar un crecimiento sostenibleโ, seรฑalรณ en el comunicado Tal Cohen, jefe de los mercados de Amรฉrica del Norte en Nasdaq. Source
Building VoskCoin HQ for Solar Bitcoin Mining and Crypto YouTube!
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io I’ve been building VoskCoin for over 5 years and now finally we are building a dedicated building not only for our Crypto YouTube channel but also to stage and build out a solar powered Bitcoin mining farm! Sub! Get $15 for free and 10% off your fees! – What should we name the VoskCoin HQ?! The BEST solar powered crypto mining farm tour with Crazy Dane! – I became obsessed with bitcoin mining, ethereum mining, and just crypto mining in 2017 because…
APE, XLM Move Close to 1-Month Highs โ Market Updates Bitcoin News
Apecoin was up by over 13% on Tuesday, despite bearish sentiment remaining largely present in cryptocurrency markets. The token stayed close to a one-month high in todayโs session, despite current market turbulence. Stellar was also in the green, nearing a four-week peak. Apecoin (APE) Apecoin (APE) was one of Tuesdayโs big movers, with the token climbing by as much as 13% in todayโs session. Following a low of $5.12 to start the week, APE/USD surged to an intraday high of $6.12 earlier today. The move saw the coin climb past…
Crypto market dumps after Ethereum Merge, why? Watch The Market Report
On this weekโs โThe Market Reportโ show, Cointelegraphโs resident experts discuss why the crypto market is dumping after the Ethereum Merge and why the bears are winning. To kick things off, we break down the latest news in the markets this week: Biggest Fed rate hike in 40 years? Five things to know in Bitcoin this week Bitcoin (BTC) faces another week of โhugeโ macro announcements after the lowest weekly close since July. The main event for the week will be the United States Federal Reserveโs decision on key interest…
Cosmos Struggles With $17 As Price Heads Into Distribution Phase
ATOM struggles to break $17 as the price gets rejected. The price of ATOM enters the distribution phase on a daily timeframe. ATOMโs price needs to hold the key support at $12 to maintain a bullish structure. Hidden bearish divergence resurfaces in the 4H timeframe. Cosmos (ATOM) has been the major player of the current relief bounce, with price rallying from a region of $6 to $17, with many paying so much attention to its ecosystem as this could prove to be a major player also in the bull run.…
Bitcoin’s Pre-Fed Weakness Has Chart Analysts Focused on Support at $18.3K
Bitcoin (BTC) is on the defensive ahead of a pivotal Federal Reserve decision on Wednesday on interest rates and appears to be on track to test support at $18,300, which, if breached, could make the bear market worse, according to technical analysis by Katie Stockton, founder and managing partner at Fairlead Strategies. Source