Day: December 20, 2022

3 reasons why BNB price risks another 30% decline by January

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BNB (BNB), the native token of the Binance crypto exchange, is under threat of undergoing a significant price correction in the coming weeks, based on a mix of technical and fundamental indicators. BNB triangle breakdown continues From a technical perspective, BNB has entered the breakdown stage of its multi-month ascending triangle pattern, a trend continuation indicator. The breakdown could last until the price reaches the level that comes to be at the length equal to the triangle’s maximum height. In other words, BNB’s ascending triangle breakdown target is near $170, down…

Bitcoin Poised To Outperform: Bloomberg Analyst

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After the Bank of Japan (BOJ) announced a surprising turnaround in its monetary policy today, the Bitcoin price managed to rise near the important resistance level of $16,900. The BOJ announced that it will drastically widen its yield curve control band to 0.50%. At the same time, it announced that it will significantly increase the number of government bonds it will buy each month. According to Bloomberg senior commodities analyst Mike McGlone, this trend could continue. McGlone shared his insights via Twitter and said that a “warm spell” is ahead…

Gleec BTC Exchange Acquires BlockTane to Move into Brazilian Market

Gleec has also dived into El Salvador, the country that was ranked as the first in the world to legalize Bitcoin back in September 2021. Estonia’s crypto trading platform Gleec BTC Exchange has announced its acquisition of Blocktane, a Brazilian digital currency exchange as it makes strategic plans to deepen its push into the Latin American market. According to a Press Release shared with Coinspeaker, Gleec BTC Exchange’s acquisition of Blocktane involves the trading firm’s legal entity, brand name, and online domains. The deal will also see the management of…

ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets – Market Updates Bitcoin News

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Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its cap on the 10-year government bond, allowing moves of up to 50 basis points (bps), up from 25 bps. Bitcoin also rose on the news, climbing closer to $17,000 Bitcoin Bitcoin (BTC) moved closer to the $17,000 level on Tuesday, as traders reacted to the latest Bank of Japan policy decision. BTC/USD surged to a peak of $16,837.65…

Light Up the Xmas Tree With 1xBit and Win this Christmas

Place/Date: Limassol, Cyprus – December 20th, 2022 at 1:21 pm UTC · 3 min read Contact: Anastasia Semenova, Source: 1xBit The holiday season is finally here, and it’s the most beautiful time of the year. It’s time to show your loved ones how much you care for them and what they mean to you. But Christmas is also about festive meals, giving and receiving presents, and spending time doing what you love the most. That’s why 1xBit has prepared something extraordinary to bring joy to players from all over the…

Game developers expect to work on Web3 games in the future: Survey

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As blockchain gaming gains broader adoption, three out of four game developers expect to work on Web3 game projects in the future, according to a recent survey. Blockchain entertainment firm Coda Labs commissioned a survey targeting game developers to have a peek into their thoughts on Web3. The researchers found that a majority of the respondents believe Web3 gaming is on its way to their firms, with 75% expecting to work on Web3 projects in the future. Apart from this, more than half of the survey participants believe Web3 will…

South Korean Court Freezes $92M in Terra-Related Funds

As per the Seoul Southern District Court, one of those taking the biggest advantage of Terra and speculating on sales was Kernel Labs CEO Kim Hyun-Joong. According to the reports from the authorities, Kim has illegally gained at least 79 billion won ($61 million). Since Terra’s UST and LUNA coins collapsed, South Korean authorities have been investigating the case and scrutinizing the businesses whose activity was related to Terra. The latest action taken has been freezing as much as $92 million (120 billion won) in funds of former and incumbent CEOs…

Cointelegraph’s crypto intelligence platform is turning 2

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Cointelegraph Markets Pro, a data platform designed to level the playing field for cryptocurrency market participants, has been available to the public for nearly two years now. The platform, which took a year to develop, is the result of an exhaustive analysis of crypto markets and the key drivers of asset price movements. It was developed jointly by Cointelegraph and The Tie, the most comprehensive and actionable digital asset information provider trusted by 100+ institutional clients. Testing the VORTECS™ Score At the heart of the platform is the VORTECS™ Score,…

How to Achieve Success at Lifestyle Investing

It’s important to outline your financial goals and come up with an action plan for achieving them. There are simple steps you can begin taking today, to gain better control over your finances and achieve the kind of lifestyle you want. Most of us dream of earning more money, and imagine all the things we could do with some extra cash – but what we often don’t realize is that by taking a new approach to the resources we already have – goals that seem out of reach can jump…