Bitcoin (BTC) crashed below $19,000 on Sept. 6, driving the price to its lowest level in 80 days. The movement not only completely erased the entirety of the 32% gains accrued from July until Aug. 15, it also wiped out $246 million worth of leverage long (buy) futures contracts. Bitcoin price is down for the year but it’s important to compare its price action against other assets. Oil prices are currently down 23.5% since July, Palantir Technologies (PLTR) has dropped 36.4% in 30 days and Moderna (MRNA), a pharmaceutical and…
Month: September 2022
Some Cheap Crypto Mining Stocks Could Be Value Traps, Warns Asset Manager Valkyrie
Miners with smaller crypto holdings relative to their market capitalization include Hive Blockchain (HIVE), Bit Digital (BTBT), CleanSpark (CLSK), Stronghold Digital (SDIG) and Greenidge Generation (GREE). Valkyrie said this batch of miners could be viewed as more “defensive” and less exposed to their liquid assets declining if crypto prices continue to drop. Source
Why Extreme Fear Is Back In Crypto In A Big Way
Data shows the crypto market has once again sunk back down into a state of extreme fear after showing some signs of improvement during the last couple of months. Crypto Fear And Greed Index Says Market Is Extremely Fearful Right Now As per the latest weekly report from Arcane Research, the market has now observed fearful sentiment for five months without a break. The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the crypto market. The metric uses a numeric scale…
Nifty Newsletter, Aug 31–Sept 6
In this week’s nonfungible token (NFT) newsletter, read about OpenSea and its commitment to the Ethereum Merge. Check out a project that aims to introduce Web3 to the opera scene and how ENS domains surpassed Bored Apes in terms of trading volume. In other news, learn about how the NFT giveaway of Rug Pull Finder was exploited. And, don’t forget about this week’s Nifty News roundup featuring how American actor Bill Murray’s wallet was attacked after his NFT drop. OpenSea says marketplace won’t support forked NFTs post-Merge NFT platform OpenSea…
las apuestas son bajistas mientras los futuros alcanzan un nivel récord
El interés abierto de los contratos perpetuos de bitcoin (es decir, futuros sin vencimiento) vinculados a la mayor criptomoneda alcanzó un nuevo récord de 565.579 BTC (US$ 10.600 millones) y superó el pico anterior de 548.096 BTC, de febrero de 2020, según la firma Arcane Research. Los datos incluyen posiciones en los mercados de materias primas tradicionales, como la Bolsa Mercantil de Chicago (CME), y de criptomonedas, como Binance y Bybit. Source
Voyager Digital assets auction set for Sept. 13 after being rescheduled from August
Bankrupt centralized crypto lender Voyager Digital filed a notice Tuesday with United States Bankruptcy Court for the Southern District of New York informing the court of its intention to hold an auction of its remaining assets. The auction is proposed to take place on Sept. 13 at the Manhattan office of Digital Voyager’s investment banker Moelis & Company, with a hearing to approve the results on Sept. 29. Offers for the lender’s assets that have already been submitted. Voyagers, we want to let you know that multiple bids were submitted…
Bitcoin Dominance And Altcoin Season 2.0
In this episode of NewsBTC’s daily technical analysis videos, we are going to look at Bitcoin dominance and the possible signs of a surprise altcoin season developing during the bearish macro backdrop. Take a look at the video below: VIDEO: Bitcoin Dominance Analysis (BTC.D): September 7, 2022 For today’s video, we are going to look at Bitcoin dominance on monthly and weekly timeframes. There is potentially a notable breakdown in progress that – based on its significance – could be telling of something bigger: a possible altcoin season that no one…
Ethereum’s Merge May Boost Public’s View of Crypto
Also, if the Merge is successful, it may reduce interest in Ethereum’s competitors, or so-called “Ethereum killers” Shin said, adding that she doesn’t see other networks “taking off,” unless “a spectacular failure” with the Merge were to occur. Competing blockchains such as Cardano and Polkadot were founded by people involved in the creation of Ethereum several years ago. Source
Ethereum’s Merge Could Boost the Public’s Perception of Crypto Overall
Also, if the Merge is successful, it may reduce interest in Ethereum’s competitors, or so-called “Ethereum killers” Shin said, adding that she doesn’t see other networks “taking off,” unless “a spectacular failure” with the Merge were to occur. Competing blockchains such as Cardano and Polkadot were founded by people involved in the creation of Ethereum several years ago. Source BoostCryptoEthereumsMergePerceptionPublics CryptoX Portal
Crypto Currency | क्या है Crypto Currency ?? जानिए अंकित सर से
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto Currency | Analysis by Ankit Avasthi Crypto Currency | क्या है Crypto Currency ?? जानिए अंकित सर से #ankit_avasthi #crypto_currency #what_is_bitcoin #bitcoin #crypto #cryptocurrency #bitcoin_kya_hota_hai #dog_coin #bitcoin_kya_hai #kya_hai_crypto_currency #wifistudy #unacademy #unacademy_current_affairs #ankitsircurrentaffairs #ankitavasthisir #ankitavasthicurrentaffairs #Ankit_Awasthi #wifistudy2.0 #CurrentIssue #AnkitSirCurrentIssue #AnkitSir #Wifistudy_current_affairs #current_affairs #international_current_affairs #ankit_sir_current_affairs 👉🏻 SSC Exams Combat Test: 🔥 Burning Issues Playlist: Follow Ankit Awasthi on Unacademy: 🚀 👉🏻 Subscribe to Channel ‘wifistudy 2.0’: 👉 Unacademy Subscription: 👉🏻 Unacademy Educator’s Feedback Form: 👉 Follow us on Telegram: Subscribe to Our New…