By Marcus Sotiriou, Analystย at theย publicly listed digital asset brokerย GlobalBlock (TSXV:BLOK).ย As Bitcoin continues to crab sideways, Fidelity Digital Assets prove their optimism about the long term prospects of the crypto industry. The Digital Assets unit of the investment giant unit is doubling down on hiring, as they plan to add another 100 new staff over the next six months. Chris Tyrer, head of Fidelity Digital Assets Europe and head of Fidelity Digital Asset Management, said during a panel at the Blockworks Digital Asset Summit in London this week: โWeโve gone…
Day: October 21, 2022
Bear market claims another casualty
Three Arrows Capital. Celsius. Voyager Digital. The list of crypto bankruptcies, shutdowns and trading freezes has been endless in 2022. And the year isnโt over yet. This week, German crypto bank Nuri urged its users to withdraw funds ahead of the companyโs planned shutdown in December โ at least Nuriโs users were given proper notice.ย The crypto bear has been relentlessly cleansing the market of excess, leverage, poor risk management and outright scams. If industry prognosticators are to be taken seriously, the market could see one final capitulation before conditions…
La caรญda de bitcoin podrรญa continuar si la fortaleza del dรณlar se mantiene en los prรณximos trimestres, segรบn Goldman Sachs
โNo esperamos que la Fed comience la flexibilizaciรณn hasta el 2024, y un descenso en el crecimiento tambiรฉn parece estar a meses de distanciaโ, escribiรณ. Al observar lo que pasรณ en los aรฑos 70, un perรญodo de alta inflaciรณn como el actual, Trivedi notรณ que el dรณlar no comenzรณ a debilitarse hasta que la actividad econรณmica empezรณ a decaer y el banco central de los Estados Unidos flexibilizรณ su polรญtica. Original
Hong Kong to Let Retail Investors Engage with Crypto Directly
Besides its political differences and leanings from China, Hong Kong is also seeking to create a different path for itself when it comes to its administration and regulation of digital currencies and the emerging Web3 world. Hong Kong, the special administrative city of China is pushing for new reforms that will position it as one of the most forward-thinking crypto-positive regions in the world. In one of its latest moves as affirmed by Elizabeth Wong, head of the fintech unit at the Securities and Futures Commission (SFC), Hong Kong is…
Telegram to Auction Usernames on TON Blockchain
Cross-platform, cloud-based instant messaging service Telegram has announced that it will auction usernames on TON. According to reports, Telegram plans to auction usernames on The Open Network (TON) blockchain. This decisionย comes two monthsย afterย Telegramย founderย Pavel Durovย first floated the idea. A message on anย official channel belonging to the dual-headquartered platform read that โa few weeks ago, the founder and CEO of Telegram announced the upcoming ability to buy and sell unique and recognizable Telegram usernames.โ Furthermore, the announcement also stated: โThe development phase is almost over, and the auction platform will be launched…
Snap Posts Unimpressive Q3 2022 Results, Triggers Stock Slippage of Pinterest, Alphabet, Meta
Snap blames its underperforming Q3 2022 financial report to rising inflation and the war in Ukraine. The report tanked other stocks. Snap (NYSE: SNAP), the first major social media company to release its Q3 2022 earnings, posted disappointing figures. For the period that ended September 30th, the prominent camera and social media company saw its shares plummet 25%. Furthermore, the California-based company warned that it would see no revenue growth in the typically busy holiday quarter. In a statement, Snap said that they โexpect that the operating environment will continue…
Collapsed Australian Crypto Exchange ACX Allegedly Used Customer Funds to Run Business
Blockchain Capital โ which operated the ACX crypto exchange that collapsed last year โ used customer deposits to fund another part of its business instead of keeping the money in reserve, according to a Sydney Morning Herald report on a court hearing that involved looking into the findings of the exchange’s liquidators. Source
BITCOIN ๐จ EMERGENCY NOW RIGHT NOW!!! Bitcoin News Today & Bitcoin Price Prediction (BTC & ETH)
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io This is Bitcoin price prediction and Bitcoin news today and Bitcoin technical analysis THIS IS BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY Bitcoin Price Prediction for 2022: Will Bitcoin Crash Again? This is a bitcoin price prediction video and bitcoin news today, so in this tutorial I’m going to show you the bitcoin technical analysis today to get a clear picture on bitcoin price prediction 2022 or btc bitcoin price prediction so if you want to know what is bitcoin prediction…
Top Crypto Exchange Coinbase Adds Two Assets Related to Solana (SOL) Staking Project to Its Listing Roadmap
Coinbase is adding two more under-the-radar altcoins to its listing roadmap, including the governance token of a non-custodial liquid staking protocol built on Solana (SOL). The exchange announced on Thursday that the roadmap now includes Marinade (MNDE) and one related staking altcoin. Likely due to the announcement, MDNE has exploded by more than 52% in the past 24 hours and is trading at $0.076474 at time of writing. Todayโs price movement, however, pales in comparison to the extreme volatility MDNE demonstrated earlier this week, reaching a low of $0.002891 on…
Why The Bitcoin Price May Be Ready To Return To $20,000
The Bitcoin price managed to close yesterdayโs daily candle above critical support, giving bulls a fighting chance to prevent further downside. However, todayโs trading session has favored the bears, with BTC moving below the $19,000 area.ย At the time of writing, Bitcoin stands at $18,900, with a 1% loss in 24 hours and a 2.4% loss in one week. Other cryptocurrencies in the crypto top 10 by market cap follow a similar trend except for Cardano and Solana. These cryptocurrencies are recording heavy losses across the board.ย BTCโs price moving…