Day: October 11, 2022

South African Non-Profit Bitcoin Ekasi Opens New Education Center

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“Our society is based around money: who has it, how to get it, ways to grow it, what to do with it. For the millions of people who are unable to access banks and credit, bitcoin is a real solution for them to be able to join those conversations. That’s why local education is vital and why Paxful is committed to Bitcoin’s purpose over price,” said Ray Youssef, founder and CEO of Paxful, a popular peer-to-peer exchange that operates in several key African markets, in the press release. Original

FTX Founder Sam Bankman-Fried Lays Out Upcoming Upgrades for the Crypto Exchange

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FTX founder Sam Bankman-Fried says the crypto exchange is rolling out new features and improvements to its platform over the next month. In a series of tweets, Bankman-Fried lays out a series of changes that its users will see as FTX updates its matching engine. Matching engines are what trading platforms use to match buy orders and sell orders to complete transactions. “We’ll be rolling out a whole new order matcher, lower latency API pathways, and a whole slew of other features. These have been in the works for most…

The End of Bitcoin Woes? BTCUSD Analysis October 11, 2022

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In this episode of NewsBTC’s daily technical analysis videos, we examine a possible bottoming scenario in Bitcoin price based on a potential expanded flat correction and an ending diagonal. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 11, 2022 Bears and bulls are battling it out once again, each side trying to take control over daily momentum. Cycling through indicators like the Bollinger Bands and the Ichimoku show that Bitcoin isn’t looking very great at the moment. Only the Parabolic SAR is currently showing any type of…

SEC rejects WisdomTree’s application for a spot Bitcoin ETF … again

Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation. The United States Securities and Exchange Commission, or SEC, has disapproved of a rule change that would allow exchange-traded fund (ETF)provider WisdomTree to list and trade shares of a Bitcoin ETF. According to an Oct. 11 filing, the SEC rejected a proposed rule change that would have allowed WisdomTree to list and trade shares of its Bitcoin BTC Trust on the Cboe BZX Exchange after several delays due…

Bitcoin and BTC Mining is in TROUBLE?! Huge Crypto News!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum mining is DEAD, all eyes are on Bitcoin mining now! Today we’ll look at some of the insanity Bitcoin miners are currently facing – from lawsuits to fines, to insolvent mining pools! Is Bitcoin is the best coin to mine without Ethereum?? Subscribe! Minto is a Bitcoin mining alternative – Get free crypto when you sign-up for FTX here – Bitcoin miners for sale and in-stock here – Bitcoin mining is now the only major cryptocurrency to mine since Ethereum has…

Bitcoin Supply In Profit Continues Decline, But Still Not At Historical Bottom Zone

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Data shows the Bitcoin supply in profit has continued its decline, but the metric has still not reached levels as low as the previous bear market bottoms. Around 50% Of The Bitcoin Supply Is In Profit At The Moment According to the latest weekly report from Glassnode, the current profitability levels in the BTC market are still above the 40%-42% values that were observed during historical bottoms. The “percent supply in profit” is an indicator that measures the total percentage of the Bitcoin supply that’s currently holding some unrealized profit.…

OpenSea Aims for an Avalanche of NFT Interest

A spokesperson for Ava Labs, the firm behind Avalanche, told CoinDesk the chain’s bridge released in June revealed “surprising” insights about the chain’s amount of DeFi activity, and that “a lot of people will discover the same [surprise] about Avalanche NFTs with OpenSea joining the community.” Source