Day: September 29, 2022

Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD – Bitcoin News

Moments after the Chinese yuan’s onshore exchange rate versus the U.S. dollar slumped to 7.2458 per dollar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against the dollar, the yuan has now lost 12% versus the greenback so far this year. Central Bank Warns Currency Speculators The Chinese yuan’s onshore exchange rate against the greenback recently plunged to 7.2458 for every dollar, the lowest since January 2008. The yuan’s latest slump came just days after…

Bitcoin Price And The Golden Ratio Bottom

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In this episode of NewsBTC’s daily technical analysis videos, we examine how Bitcoin might have bottomed precisely at the 1.618 Fibonacci extension, using Elliott Wave Theory. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 29, 2022 Did Bitcoin Bottom At The Golden Ratio? In Elliott Wave Theory, corrections come in ABC patterns. Taking the Fibonacci retracement tool to draw from the bottom to the top of the A wave will provide a Fibonacci extension target for where a C wave correction might end. The wick down…

LUNC อาจเตรียมพุ่งจากจุดนี้ 20 % Bitcoin patternนี้ควรช้อนไหม / CHZ

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SAI Tech Reveals 2 New Liquid Cooling Bitcoin Mining Containers Built for Overclocking Flexibility – Mining Bitcoin News

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On September 28, the bitcoin mining operator and clean-technology company, SAI Tech, announced the launch of two liquid cooling bitcoin mining infrastructure products called the Tankbox and Rackbox. The two new models join the firm’s SAIHUB Box and feature plate cooling and immersion cooling technologies. SAI Tech Unveils Tankbox and Rackbox Bitcoin Mining Infrastructure Products As cryptocurrency mining continues to improve application-specific integrated circuit (ASIC) efficiency and mining infrastructure technologies, SAI Tech (Nasdaq: SAI) has announced the launch of two mining infrastructure modules that leverage liquid cooling schemes. The first…

O Que é BLOCKCHAIN? l Entenda de FORMA FÁCIL a Tecnologia que Está MUDANDO O MUNDO!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ✪ 𝗟𝗜𝗡𝗞 𝗣𝗔𝗥𝗔 𝗔𝗕𝗥𝗜𝗥 𝗦𝗨𝗔 𝗖𝗢𝗡𝗧𝗔 𝗡𝗔 𝗕𝗜𝗡𝗔𝗡𝗖𝗘: ✪ 𝗟𝗜𝗡𝗞 𝗣𝗔𝗥𝗔 𝗔𝗕𝗥𝗜𝗥 𝗦𝗨𝗔 𝗖𝗢𝗡𝗧𝗔 𝗡𝗔 𝗔𝗧𝗔𝗡𝗜: A tecnologia está mudando o mundo e se a gente não se atualizar, em pouco tempo não sobreviveremos a um mundo que está cada vez mais tecnológico. Por isso, farei uma série com três aulas explicando assuntos difíceis, mas que tem a ver com os assuntos que estudaremos aqui no canal. – O QUE É BLOCKCHAIN? – O QUE SÃO TOKENS? – O QUE SÃO NFT’s?…

US lawmaker hints at calling for Republican votes in 2022 midterms over crypto policies

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North Carolina Representative Patrick McHenry may have used his virtual appearance at a cryptocurrency conference as a soapbox to call for votes in the 2022 United States midterm elections. In a prerecorded message for the attendees of the Converge22 conference in San Francisco on Sept. 29, McHenry suggested that the goal of a “clear regulatory framework” for digital assets could drive U.S. lawmakers to develop legislation. The Republican lawmaker used terms including “bipartisan consensus” and support from both major political parties over certain regulatory frameworks related to digital assets and…

Pro traders don’t expect Bitcoin to break and hold $20,000 anytime soon

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111 days have passed since Bitcoin (BTC) posted a close above $25,000 and this led some investors to feel less sure that the asset had found a confirmed bottom. At the moment, global financial markets remain uneasy due to the tension in Ukraine increasing after this week’s Nord Stream gas pipeline incident.  The Bank of England’s emergency intervention in government bond markets on Sept. 28 also shed some light on how extremely fragile fund managers and financial institutions are right now. The movement marked a stark shift from the previous…