Day: December 27, 2022

‘If you have gold, you’re dumb as fuck… Just get bitcoin.’

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Arguments over whether gold or bitcoin is a better store of value continue to occur across the cryptocurrency space and in traditional investment circles. On the latest episode of Bill Maher’s “Club Random Podcast,” which aired on Dec. 26, billionaire owner of the Dallas Mavericks Mark Cuban advocated for Bitcoin being a better store of value than gold.  In response to Bill Maher openly admitting that he is, “rooting against Bitcoin,” Cuban chimed in with a cheeky agreement saying, “I want Bitcoin to go down a lot further so that…

Wife of Hal Finney announces Bitcoin charity event

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Fran Finney, the wife of crypto pioneer Hal Finney, has announced a charity event to benefit victims of amyotrophic lateral sclerosis (ALS). Discussing the event on Twitter, Finney encouraged Bitcoin users to run a half marathon and share their experiences on social media between January 1 and January 10, 2023, to help raise funds to fight the disease. https://t.co/xpcvzCmtMd Hi everyone, this is Fran Finney, wife of Hal Finney, an early pioneer of Bitcoin. I want to let you know about a special event I’m organizing in honor of my…

Argo blockchain suspends trading on NASDAQ due to upcoming announcement

Bitcoin mining firm Argo blockchain has suspended trading of its American depositary shares (ADS) on NASDAQ, according to a Dec. 27 press release. The company says that it needed to suspend trading because of an announcement that will come on Wednesday morning and because the London Stock Exchange is closed on Tuesday. Argo says that it expects shares to resume NASDAQ trading on Wednesday. At our request, @Nasdaq temporarily suspended trading of Argo’s ADSs and unsecured notes for today – Tues Dec 27. We’ll be making an announcement tomorrow (Dec 28)…

BITCOIN: ELON MUSK BREAKING NEWS!!!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin is going down for ages now! The question for Bitcoin right now is when the price will finally go higher again! In todays … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom – Bitcoin News

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As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover, analysts note that most of the technical bottom indicators used to predict bitcoin prices have failed to forecast whether or not the bottom is in. Rainbows and S2F: The List of Technical Indicators That Failed to Predict Bitcoin’s Bottom…

U.S. Department of Justice probing $372M FTX exploit

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According to a Bloomberg report published on Dec. 27, the U.S. Department of Justice has launched an investigation into the whereabouts of approximately $372 million in missing digital assets from now-defunct cryptocurrency exchange FTX and FTX US. On Nov. 12, amidst bankruptcy and internal collapse, FTX warned customers of abnormal wallet activity regarding at least 228,523 Ether (ETH) transferred out of the exchange from an unknown perpetrator.  On Nov. 11, or the night of the company’s bankruptcy filing, FTX US’ general counsel Ryne Miller confirmed that the transactions were unauthorized…

Astar Network Named ‘Product of the Year’ At the JBA Annual Blockchain Award

Tokyo, Japan, 23rd December, 2022, Chainwire Astar Network, the smart contract platform for multichain, has been awarded the Product of the Year at the 4th annual Blockchain Award by the Japan Blockchain Association. Astar Network’s founder and CEO Sota Watanabe bagged the Person of the Year award for the second consecutive year at the same event. Both Astar Network and Sota Watanabe emerged as the favorites of the Japanese Web3 community in a survey conducted by the Japan Blockchain Association (JBA). The JBA is the largest blockchain association in Japan,…

5 altcoin projects that made a real difference in 2022

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Bitcoin (BTC), Ether (ETH) and the crypto market had a rough 2022 from a price perspective, but traders are hopeful that 2023 will include bullish developments that push crypto prices higher.  Despite the market-wide downturn, a handful of altcoins continued to make a positive contribution to the crypto space and thanks to Ethereum, the term altcoin is no longer a derogatory term. Let’s explore the top altcoins that made a difference in 2022. Ethereum fundamentals shone in 2022 Ether’s price hit a yearly high at $3,835 on Jan. 2 and…

Analyst Explains Why Ethereum Is Bullish Against Bitcoin

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An analyst has explained that the absence of miners on the Ethereum network could be bullish for the ETHBTC ratio. Miners Provide A Persistent Selling Pressure On Bitcoin As explained in a tweet by Tom Dunleavy, a Messari research analyst, BTC miners sell almost all the coins they mine. The below chart contains data about the top ten public Bitcoin mining companies, displaying information such as how much each of them mined this year, the amounts that they sold, and the size of their current holdings: Looks like Marathon is…