▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Coming Depression & Crash… | Kevin O’Leary Latest Market Update – Latest Prediction on Economy, Crypto, Bitcoin, Ethereum, Stock Market, Recession & Crash Fears Shark Tank Star Kevin O’Leary believes that all the financial experts and economists have got this market completely wrong, with most pundits calling for a deep & sharp recession where as he on the contrary, is seeing huge amounts of consumer demand across his businesses & shockingly low un employment. O’Leary believes that this recession is unique…
Day: November 18, 2022
130k BTC Just Flowed Into Binance
On-chain data shows the crypto exchange Binance has just received Bitcoin inflows of 130k BTC, a sign that may be bearish for the price of the crypto. Binance’s Bitcoin Exchange Reserve Has Sharply Spiked Up Over Past Day As pointed out by an analyst in a CryptoQuant post, Binance has received a massive Bitcoin deposit today. The relevant indicator here is the “exchange reserve,” which tells us the total amount of BTC currently sitting in the wallets of a centralized exchange. When the value of this metric goes down, it…
Banks still show interest in digital assets and DeFi amid market chaos
The cryptocurrency sector is the Wild Wild West in comparison to traditional finance, yet a number of banks are showing interest in digital assets and decentralized finance (DeFi). This year in particular has been notable for banks exploring digital assets. Most recently, JPMorgan demonstrated how DeFi can be used to improve cross-border transactions. This came shortly after BNY Mellon — America’s oldest bank — announced the launch of its Digital Asset Custody Platform, which allows select institutional clients to hold and transfer Bitcoin (BTC) and Ether (ETH). The Clearing House,…
Top US Crypto Exchange Coinbase Rolls Out Trading Services for Under-the-Radar Ethereum-Based Altcoin
Top US crypto exchange Coinbase is rolling out trading services for yet another Ethereum (ETH)-based altcoin. The exchange’s customers can now buy and sell Lido DAO (LDO), a staking service for Ethereum and other blockchain projects, on the platform. LDO aims to allow users to stake ETH without locking assets or maintaining infrastructure. When staking on the platform, users receive Staked Ether (stETH) on a 1:1 basis representing their staked ETH, and stETH balances can be used like regular ETH to earn yield or rewards. LDO is trading at $1.24…
Topps Sells out Crypto-Themed Garbage Pail Kids ‘Non-Flushable Token’ Cards – Blockchain Bitcoin News
Amid the craziness tied to the FTX collapse, the latest Garbage Pail Kids (GPK) non-fungible token (NFT) collection takes aim at the crypto industry, roasting subjects like the LUNA collapse, Bored Ape Yacht Club, and Cryptopunks. Following the release, GPK’s parent company Topps explains on the firm’s NFT marketplace website that the packs of “Non-Flushable Tokens” have sold out. 2022 GPKs Feature Crypto-Themed Characters Like ‘Diamond Hans,’ ‘Paper Hans,’ ‘Airdrop Angel,’ and ‘Bored Adam Yuck Club’ Crypto market prices are down this month as the FTX fiasco has pushed digital…
Crypto outperforms tech in Q3, and what makes Solana the fastest blockchain: CNBC Crypto World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, we take a deep dive into the technology that makes Solana the fastest technology in the world. Chapters: 00:00 – CNBC Crypto World, Sept 30, 2022 0:24 – Crypto outperforms tech in Q3 1:03- The headlines 3:40- Inside look at Solana For…
Bitcoin price may still drop 40% after FTX ‘Lehman moment’ — analysis
Bitcoin (BTC) saw a fresh rejection at $17,000 on Nov. 18 as nervous markets weathered more FTX fallout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC gets $12,000 price target Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to flip $17,000 to support — a trend in place for almost a week. The pair, like major altcoins, remained firmly tied down by cold feet over the FTX debacle and its knock-on effects for various crypto businesses. For analysts, the outlook remained just as grim, with already dismal forecasts…
Chiliz Continues To Trend Higher Amidst World Cup Fever; Is $0.4 Possible?
CHZ’s price shows bullish signs as price breaks out above its range channel showing signs to rally high as FTX fiascos continue. CHZ’s price trades above $0.25 with the market’s current state, as things look uncertain for most traders and investors. CHZ’s price bounces from a low of $0.2 on the daily timeframe as the price aims for a rally to $0.4 above the 50 Exponential Moving Average (EMA) The price action displayed by Chiliz (CHZ) in recent times has been encouraging, considering how close the world cup has come.…
Location, location, location – Cointelegraph Magazine
When it comes to designing a metaverse map, it’s more about the vibe than practicality. From space pods to jungle islands and celebrity neighbors, users want to feel like they are someplace special. What considerations go into designing a metaverse platform? Insiders explain that one key factor is that virtual worlds need to be created with features familiar to their human users — even if such elements, like beaches and nature preserves, offer no practical benefits in virtual reality. Old habits die hard, and people prefer spaces that are familiar…
Pension Giant Ontario Teachers’ Plans to Write Off All $95 Million Invested in Crypto Exchange FTX
“The financial loss from this investment will have limited impact on the Plan, given its size relative to our total net assets and our strong financial position,” said Ontario Teachers’. “However, we are disappointed with the outcome of this investment, take all losses seriously and will use this experience to further strengthen our approach.” Source