Day: November 18, 2022

Chainlink (LINK) Stays Strong Amidst Market Uncertainty

Chainlink (LINK), the leading oracle network, normally performs on the day following the market downturn. LINK has experienced a 1.58% increase in the last 24 hours, trading at $6.22.  Overall, LINK has recorded over 12% loss in the weekly chart. The token had surged higher in the day, reaching a local high of $6.38 before retracting.  The value of Chainlink (LINK) rose earlier today as the market reacted favorably to a combination of events. Brainard’s doveish statements on Monday, a dropping dollar, Zelensky’s peace negotiations commencing, and Biden-Xi meeting not…

Trading course, FBI extradition, FTX hack

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Rumors and speculations surrounding former FTX CEO Sam Bankman-Fried (SBF) continue to bombard the crypto community as the effects of the FTX collapse proceeds to be felt throughout the crypto space.  One of the rumors floating around social media is that SBF filed a masterclass on trading that was scheduled to drop on December. With the former FTX CEO being the center of attention in the past few weeks, some community members pointed out that they were willing to pay $500 for leaks on footage of SBF’s class on trading.  RUMOR: SBF…

Chiliz (CHZ) Leads Market Gains With Over 8%

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CHZ continues to lead the market in gains as more anticipation builds toward the World Cup. The go-to fan token was seen keeping an intraday profit of 7.37%. It reached a local high of $0.246 during the day before retracting to its current price of $0.242. Despite falling below its trading-day floor, it quickly bounced back, leaving traders with substantial profits. CHZ week-on-week charts also indicate bullish momentum for the fan-themed token. Holding 8.58% profits, CHZ’s price looks confident over the entire market as tokens struggle to gain some ground.…

Did The Bahamas’ Securities Commission Take Control of FTX’s Assets? They Did

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The Bahamas struck first and struck hard. Yesterday, there were rumors going around that their government was pressuring Sam Bankman-Fried to give them control of FTX’s assets. What sounded like a bizarre story was more than confirmed today. The Securities Commission of The Bahamas released an official document announcing the takeover. Of course, they did it to protect the interests of FTX’s clients. It was urgent. The document began: “On 12 November 2022, the Securities Commission of The Bahamas (“the Commission”), in the exercise of its powers as regulator acting…

NEAR Faces Resistance In Its Attempt To Move Past The $2 Level

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Altcoins like NEAR have experienced a similar slump in value as the major cryptocurrencies during the previous several days. Cryptocurrency price index Coingecko reports that NEAR’s price is currently bearish, reflecting the general market sentiment. At the time of writing, the token was trading at $1.8515, below the key psychological $2 zone. Major investors’ loss of faith in cryptocurrencies following the FTX debacle has contributed to the current gloomy sentiment on the cryptocurrency market. Because of this, other markets where traders with FTX positions also suffered catastrophic losses. Recent research indicates…

FTX’s Collapse Has Rekindled Interest in Defi and Associated Products – Fintech Bitcoin News

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According to Julian Hosp, co-founder of the decentralized finance entity Defi Chain, the fall of the crypto exchange FTX and the domino effect it has had may have rekindled interest in decentralized finance (defi) and associated products. Hosp, however, conceded that the crypto exchange’s dramatic collapse also encourages regulators to adopt a harder line when dealing with crypto entities. Decentralized Finance Takes Center Stage While the massive failure of crypto exchange FTX and the chaos that followed is likely to embolden hardline regulators, experts like Julian Hosp of Defi Chain…

Day to Day Home Crypto Mining Shed Upkeep | Building a Bitcoin Mining Farm

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In today’s video I provide fellow Crypto Miners some insight into the Day to Day Upkeep of my Home Crypto Mining Shed! As we continue to work on Building a Bitcoin Mining Farm from home, it’s brings along Daily Upkeep and Maintenance. Enjoy today’s video as we talk about our Home CryptoMining Shed that mines a variety of things like Bitcoin, Flux, Ergo, Ravencoin, Meowcoin and Neoxa. If your interested in How to Build a Home Crypto Mining Shed, checkout the links…

German Banks’ Crypto Interest Is Limited as Industry Is Plagued by ‘Crooks,’ Regulator Says

CryptoX – Cryptocurrency Analysis and News Portal “Overall, banks’ interest in offering crypto-asset trading to their customers still seems, to me, to be limited,” Branson said in an interview posted on the ECB website, saying that blockchain technology needs to move from being merely “promising” to being “effective and scaleable.” Source The post German Banks’ Crypto Interest Is Limited as Industry Is Plagued by ‘Crooks,’ Regulator Says appeared first on CryptoX. CryptoX Portal

Top 20 Crypto Coin Buy in Bear Market Will make you Rich in BullRun | Bitcoin Pump से पहले पकड़ो

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Grayscale Liquidation Could Unleash A Bitcoin Armageddon

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The FTX Contagion effects do not even stop at the largest institutional Bitcoin product on the market, the Grayscale Bitcoin Trust (GBTC). As a result of the bankruptcy of Sam Bankman-Fried’s crypto exchange, the discount to the NAV of Grayscale’s GBTC fund has fallen to around -40%. As recently as the end of 2020, GBTC was trading at a premium of +40%. However, in January 2021, the trend reversal occurred when Grayscale’s Bitcoin fund traded at a discount for the first time. Since then, GBTC has been on a downward…