Day: December 17, 2022

ETH Drops Below $1,200 to Start the Weekend – Market Updates Bitcoin News

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Ethereum fell below $1,200 to start the weekend, as prices continued to trade close to a multi-week low. This decline comes as market sentiment remained bearish following a big week of economic data. Bitcoin also extended recent declines, as traders remained nervous following news that financial auditor Mazars paused all work for crypto clients. Bitcoin Bitcoin (BTC) extended recent declines on Saturday, as markets continued to be nervous following recent uncertainty surrounding Binance’s proof-of-reserves audit. The auditor in charge of the diligence, Mazars, opted to pause all of its work…

Lançamento da Rede Blockchain Brasil (RBB)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Objetivo O Acordo de Cooperação entre o BNDES e o TCU marca a fundação da Rede Blockchain Brasil, rede para colaboração … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Is Bitcoin Set for Another Bull Run?

If the past trends of Bitcoin are to be considered, then Bitcoin easily trending upwards and is due for the $32.8k mark in the market. The crypto market is undoubtedly suffering from the bear market, as many altcoins have been affected, including the unprecedented tanking of the UST stable coin associated with Terra (LUNA). Cryptox Market Pro and trading view data show that BTC/USD reached $30,189 on Bitstamp before moving down below the $30,000 mark. $30,189 is the highest figure Bitcoin has reached since the start of the bear market…

Coinbase is ‘a major on-ramp and off-ramp’ to blockchain development: Analyst

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Coinbase #crypto #yahoofinance JMP Securities Director of Financial Technology Research Devin Ryan joins Yahoo Finance Live anchors Rachelle Akuffo and Seana Smith to discuss the collapse of the FTX-Binance deal and ensuing crypto market collapse, what’s the next for investors, Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that…

Bitcoin (BTC) At $29,000, How Will the Consolidation Continue?

Bitcoin remained consolidated over the last 24 hours, even with other altcoins having dipped on their charts. Over the previous week, the king-coin continues to register lateral price movements even though the price of bitcoin has consistently moved on the downside since November 2021. If considered on the longer time frame, Bitcoin shows signs of upcoming bearishness. However, in a comparatively shorter time frame, bitcoin may be hinting at a price reversal. Contrary to last week, where bitcoin lost about 2% as it was mostly consolidating, over the last 24…

Bitcoin still lacks this on-chain signal for BTC bull market — David Puell

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Bitcoin (BTC) only needs one more key on-chain signal for a classic bull market to begin, analyst David Puell says.  In a tweet on Dec. 17, the Puell Multiple creator argued that the stage is almost set for the end of the BTC price bear market. Puell: Bitcoin network activity “underwhelming” Despite many calling for new BTC/USD lows of $12,000 or less this cycle, not everyone is wholly bearish on the outlook for Bitcoin. For Puell, two essential on-chain phenomena necessary for BTC price recovery are already in evidence. Long-term…

FTX Collapse Has Rekindled Security and Reliability Concerns for Web3 Projects Says Marketing Expert – Interview Bitcoin News

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The fallout from the collapse of failed crypto exchange FTX is forcing Web3 brands, and projects previously focused on managing the public’s perception, to concentrate on fighting for their very legitimacy, Laura K. Inamedinova, a Web3 marketing expert, has said. Besides just trying to convince backers and investors, Inamedinova said Web3 players have the more formidable task of convincing regulators. Security and Reliability Issues Resurface After initially starting the year focused on community management and the public’s perception, the fallout from FTX’s collapse caused many Web3 brands and projects to…

Bitcoin Continues to Plummet, Potentially Nearing the Lowest Point for the Crypto Market 

The most recent crypto market declines started last Friday, which coincided with a stock market selloff. These crashes were worsened over the weekend by issues with crypto market infrastructure and services. The stock market meltdown on Monday also didn’t improve matters. However, even as markets recovered on Tuesday, digital assets remained in the doldrums. “It has been a rough few days for crypto traders,” said Edward Moya, an analyst at broker Oanda. Numerous events have contributed to the fall of digital currencies and tokens, including a bloodbath on Wall Street…

Bitcoin Long-Term Holders Dump As BTC Plunges Under $17k

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On-chain data shows Bitcoin long-term holders are dumping their coins as BTC plummets below the $17,000 level. Bitcoin Long-Term Holder SOPR Spikes Today As pointed out by an analyst in a CryptoQuant post, some BTC long-term holders seem to have taken profits in the past day. The relevant indicator here is the “Spent Output Profit Ratio,” which tells us whether Bitcoin investors as a whole are selling their coins at a profit or at a loss right now. When this metric has a value greater than 1, it means the…