Day: October 3, 2022

US Risk Watchdog Poised to Ask Congress to Name Crypto Spot Market Regulator

The FSOC – whose members include the heads of financial agencies, including the Federal Reserve and both the SEC and CFTC – is also preparing to recommend that U.S. regulators need to be able to reach into all corners of digital businesses. They not only need to be able to supervise a crypto firm, but also all of its affiliates and key service providers – like the Fed can do when it oversees Wall Street banks, the report will argue, asking Congress to grant that power. Source

Quant Explains How US Stock Market Volumes Influence Bitcoin Price

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A quant has explained how there is a connection between the recent trends in the US stock market volumes and the Bitcoin price. TradFi Depth Oscillator Has Hit A Low And Is Now Turning Back Up As explained by an analyst in a CryptoQuant post, the volume depth in traditional finance markets has been low recently. The “TradFi volume” is a measure of the total amount of transactions that buyers and sellers are making on the US stock market. There is a concept called “market depth,” which is the ability…

Cryptocurrency 101

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What exactly is a cryptocurrency? What are the different types and how do they work? This video uses animations, explanations, and analogies to help you learn what a cryptocurrency really is. PUBLICATION PERMISSIONS: Original video was published with the Creative Commons Attribution license (reuse allowed). Link: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Cathie Wood’s ARK Invest to offer crypto strategies to investment advisors

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Cathie Wood’s investment firm, ARK Investment, is making its two actively managed crypto strategies available to registered investment advisors. The strategies will be available as separately managed accounts (SMAs) through a collaboration with the digital asset platform Eaglebrook, the companies announced on Oct. 3.  The ARK Cryptocurrency Strategy aims to capitalize on the monetary revolution, said the companies in the statement, claiming that it “could serve as a strategic allocation in well-diversified portfolios.” Cathie Wood, ARK’s founder and CEO, said: “The strategies will be separately managed accounts (SMAs) designed to meet…

Binance to Train Law Enforcement on How to Stop Crypto Crime

“It’s important to have law enforcement have the ability to investigate these crimes, and one of the ways you do that is [by] demystifying crypto,” Price said. “Explaining how to investigate it, how to request information from cryptocurrency exchanges, how to use that information, how to interpret it and how to work with the industry to tackle the bad actors out there.” Source BinanceCrimeCryptoEnforcementLawStopTrain CryptoX Portal

Data Shows Bitcoin’s Hashrate Has Grown by More Than 4 Quadrillion Percent Since 2009 – Mining Bitcoin News

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Following the network difficulty change six days ago on September 27, Bitcoin’s hashrate surpassed the 295 exahash per second (EH/s) range two times during the first two days of October. Presently the network is coasting along at 229 EH/s and block intervals have been faster than the ten-minute average, which means another upward difficulty adjustment is likely in the cards. With Bitcoin’s mining difficulty looking as though it will reach another all-time high (ATH), the network’s hashrate has increased exponentially from six million hashes per second to the recent two…

NO ONE IS WATCHING THIS (Get Ready)!! Bitcoin News Today & Ethereum Price Prediction (BTC & ETH)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io NO ONE IS WATCHING THIS (Get Ready)!! Bitcoin News Today & Ethereum Price Prediction (BTC & ETH) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Prediction and my next Bitcoin Price Prediction! Make sure to watch the WHOLE video so you don’t miss out on this valuable information & leave a LIKE and SUBSCRIBE for more videos like this! 💰 Learn Technical Analysis Here 👉 👈 🤑 FREE $1,000 USDT AIRDROP 👉 👈 ► I…

Upside capped at $980B total crypto market, according to derivatives metrics

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It is becoming increasingly challenging to support a bullish short-term view for cryptocurrencies as the total crypto market capitalization has been below $1.4 trillion for the past 146 days. Furthermore, a descending channel initiated in late July has limited the upside after two strong rejections. Total crypto market cap, USD. Source: TradingView The 1% weekly negative performance in cryptocurrency markets was accompanied by stagnation in the S&P 500 stock market index, which remained basically flat at 3,650. Uncertainty continues to limit the eventual recovery as worsening global economic conditions have…

Bitcoin price sets October high with $20K in reach as US stocks rally

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Bitcoin (BTC) climbed to new October highs at the Oct. 3 Wall Street open as Credit Suisse concerns heightened.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders close in on rangebound BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD taking aim at $19,500 after starting the month flat. The largest cryptocurrency reacted positively to lower than expected United States manufacturing data, while in Europe, market turmoil over Credit Suisse gathered pace despite executives’ reassurances. “We are kicking off October trading in the same congested area we ended September,”…