Day: December 22, 2022

BTC, ETH Consolidate Ahead of United States GDP Data – Market Updates Bitcoin News

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Cryptocurrency prices mostly consolidated on Thursday, ahead of upcoming GDP figures from the United States. Bitcoin remained close to the $17,000 level in today’s session, with the global market cap trading 0.01% lower as of writing. Ethereum was largely unchanged, as prices continued to trade above $1,200. Bitcoin Bitcoin (BTC) continued to consolidate ahead of this afternoon’s third quarter GDP data from the United States. This afternoon’s figures are expected to show growth of 2.9% in the quarter, as inflation in the U.S. began to slow down. BTC/USD hit a…

Crypto trader regrets not catching the top of the bull run

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Are crypto traders playing “god?” The world of cryptocurrency trading can be highly uncertain, yet many are actively looking for opportunities and have built fortunes around the crypto market. To be really good in crypto, you need to be able to identify promising projects in their infancy and time your exit from the market before the ugly bear rears its head.  On this week’s episode of the newly launched podcast, Hashing It Out, Cointelegraph’s social media specialist Elisha Owusu Akyaw and chartered market technician Adrian, also known as CRYPTOBIRB, break…

FTX Creditors Hire Law Firm Paul Hastings as Representation: WSJ

“They can be contacted,” said Sarkessian, a U.S Department of Justice (DoJ) official charged with overseeing bankruptcy cases, of the lawyers that were yet to be appointed. “They do not represent you [the creditors] personally. They may be able to provide some help though, and they may even create their own website potentially for information for creditors.” Source

Crypto Market May See Renewed Volatility as Whales Begin to Accumulate Bitcoin

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“The quiet price action of the past month is illustrated by [bitcoin’s] low realized volatility. Not counting the moment leading up to the FTX fallout, which had slightly higher volatility than what we have now, this is the lowest level for realized volatility since Q3 of 2020, just before the last bull run. Prior to that instance, volatility was this low at the bottom of the 2018 bear market,” Blockware’s weekly report said. Original

FTX, Alameda execs plead guilty to fraud charges: Community responds

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In the newest update to the FTX saga, former Alameda Research CEO Caroline Ellison and former FTX co-founder Gary Wang plead guilty to fraud charges and are currently helping with the investigation of former FTX CEO Sam Bankman-Fried. As the news broke, crypto community members shared their thoughts on the new development.  From wondering where customer funds went and ridiculing Ellison’s trading skills to wondering how much insider trading information the executives gave to Shark Tank star Kevin O’Leary, members of the crypto community tweeted various reactions to the executives…

Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot – Exchanges Bitcoin News

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Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent consensus mechanism pivot amongst them. Youssef also stated that tokens built on top of Ethereum have been primarily scams. P2P Exchange Paxful Drops Ethereum Paxful, a New York-based, peer-to-peer cryptocurrency exchange, has announced that it will drop Ethereum from its platform. The announcement was made via email, and then using social networks,…

New Pricing, Tokens, and Merchant Models Along with Redesigned Website – Sponsored Bitcoin News

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sponsored B2BinPay is perfect for businesses looking for a reliable, cost-effective cryptocurrency payment processing solution; the top payment solution B2BinPay has recently improved its commissions, website, Enterprise and Merchant Models, and the platform itself. With newly lowered costs and an improved user experience on their redesigned website, B2BinPay is making it easier than ever for businesses to get started with their services. Pricing Structures Have Been Updated The B2BinPay team has made a big move to increase value for the customers, announcing changes to their pricing plans, including lower percentage…

Earlier Play-to-Earn, Then Walk-to-Earn, Now Sleep-to-Earn

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After the pandemic, it has become clear that the world has turned to the internet for many purposes. Many people lost their jobs and faced economic instability. However, the emergence of Web 3.0 has provided numerous opportunities for people to earn money from home through various means. Initially, these opportunities were just for fun, but they have evolved into “play-to-earn” (P2E) and “move-to-earn” (M2E). And now, there is even the possibility of earning money while you sleep through “sleep-to-earn” (S2E)   A Glimpse Of Sleep-to-Earn  Have you ever imagined waking…