Month: September 2022

Ethereum Price Just Reversed and $1,200 is Imminent, Here’s Why

Ethereum started a major decline from the $1,400 resistance against the US Dollar. ETH is moving lower and might even slide towards the $1,200 level. Ethereum gained bearish momentum below the $1,350 and $1,320 support levels. The price is now trading below $1,300 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support at $1,290 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its decline towards the $1,220 and $1,200 support levels. Ethereum Price Dips…

LBank Exchange Will List Genesis Token (GTN) on September 29, 2022 – Press release Bitcoin News

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press release PRESS RELEASE. INTERNET CITY, DUBAI, Sep. 28, 2022 – LBank Exchange, a global digital asset trading platform, will list Genesis Token (GTN) on September 29, 2022. For all users of LBank Exchange, the GTN/USDT trading pair will be officially available for trading at 10:00 UTC on September 29, 2022. Based on the most advanced blockchain generation – Blockchain 5.0, Relictum Pro creates a global platform that covers all the aspects of human life in a distributed registry, offering unmatched solutions for real-world problems. Its native token Genesis Token…

Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners – Bitcoin News

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According to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to buy distressed assets from embattled bitcoin miners. Bitdeer’s chief executive officer Matt Kong details that “opportunities” arise in “every cycle.” Bitdeer Wants to Acquire Cheap Machines From Distressed Bitcoin Miners Bitdeer is setting up a fund to purchase assets from financially distressed bitcoin miners, according to statements Matt Kong made to Bloomberg’s David Pan. Bitdeer is a crypto mining operation backed by former Bitmain CEO…

Reject CBDCs and look to BTC and stablecoins instead

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U.S. think tank Bitcoin Policy Institute is calling for the United States to reject Central Bank Digital Currencies (CBDCs) and look to Bitcoin (BTC) and stablecoins as alternatives.  In a whitepaper shared on Sept. 27, authors including Texas Bitcoin Foundation executive director Natalie Smolenski PhD, and former Kraken growth lead Dan Held argue CBDCs would strip the public of financial control, privacy and freedom. #CBDCs don’t solve any problem. They do extend state control to the last remaining free areas of individual economic life. My latest white paper for the…

UAE Gets First Blockchain-Powered Solution to Acceletrate Motor Insurance Claims

To tackle the decades-old industry challenge of reconciling motor recovery claims, XA Group has rolled out the first ‘Made in the UAE’ end-to-end and blockchain-based digital solution dubbed Addenda, according to local media outlet Khaleej Times.  The blockchain-powered solution has already been adopted by leading insurers in the United Arab Emirates (UAE), such as Oriental Insurance Company, Emirates Insurance Company, Yas Takaful, and Abu Dhabi National Insurance Company. Therefore, this signals the industry’s appetite for digitalization and transparency. Per the announcement: “Addenda offers a live and shared view of…

Polkadot Price Drops On Chart With Resistance At $6.80, What’s Next?

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Polkadot price had touched the $8 price level before the bulls lost steam and fell on the one-day chart. DOT travelled 3.6% lower in the last 24 hours on its chart. Over the past week, DOT had gained some value, but most of that was nullified at press time. The Polkadot price was making a recovery over the last two days as it had declined before that. Buyers had stepped in during the recovery period. At the time of writing, however, buyers had exited the market again. The technical outlook…

DeFi needs appropriate regulation before expanding to retail

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United States Federal Reserve chairman Jerome Powell has spoken out about the expansion of decentralized finance (DeFi) and its impact on the traditional finance ecosystem, calling for appropriate regulation. During an event titled the “Opportunities and challenges of the tokenisation of finance” hosted by the Banque de France on Sept. 27, Jerome Powell said there were “very significant structural issues around the lack of transparency” in the DeFi ecosystem. The comments followed those by Bank for International Settlements (BIS) general manager Agustín Carstens who expressed concern over the contrast between…

ETHEREUM 🔥 TRUC DE FOU !!!! DÉCOLLAGE ( la suite est folle !!! )

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Pour faire un don en EURO ou en BITCOIN : _____________________________ Le ETH serait peut être sorti de sa baisse , nous abordons une analyse graphique bearish et bullish ensemble ! Nous voyons en détail chaque support, résistance, et figure envisageable durant ce fameux dump ou pump ethereum ! _______________________________ Mes analyses ne sont que mon point de vue du marché, il ne faut pas prendre ce que je dis comme conseil financier et en aucun cas je ne serai responsable de…

Pantera CEO bullish on DeFi, Web3 and NFTs as Token2049 gets underway

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Pantera CEO Dan Morehead highlighted the potential growth and value of Decentralized Finance (DeFi), Web3 functionality, nonfungible tokens (NFTs) and Metaverse applications in his opening keynote speech at Token2049 in Singapore. Thousands of attendees converged on Wednesday at the Marina Bay Sands Convention Center for the start of the two-day conference which features prominent speakers from the cryptocurrency and blockchain ecosystem. Pantera, a blockchain-focused investment fund with $4.5 billion of assets under management, said it continues to see value in emerging crypto use cases.  Morehead drew parallels to the early…