Day: March 4, 2023

XRP, ADA Rebound From 2-Month Low on Saturday – Market Updates Bitcoin News

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Xrp rebounded from a two-month low to start the weekend, as prices moved back above a key support point. The token, which fell to its lowest point since January on Friday, rose by as much as 2% on Saturday. Cardano also recovered yesterday’s losses. XRP rose higher to start the weekend, as the token formerly known as ripple rebounded from a two-month low. XRP/USD jumped to an intraday high of $0.3795 earlier in the day, which comes after bottoming out at $0.3664 on Friday. Yesterday’s drop saw XRP fall to…

Arthur Hayes, BitMEX co-founder, plans to reveal more details of his family office, the “Maelstrom”

Arthur Hayes, one of the founders of BitMEX, a derivatives exchange, has said that he is prepared to “be more public” about his family office, which is known as Maelstrom. In a post on LinkedIn, Hayes said, “You will see our head of investments, Akshat Vaidya, at conferences globe.” Vaidya worked at BitMEX, a firm recently hit with troubles, for slightly over three years before joining Maelstrom, first as an investment associate, then as a manager, and finally as the vice president of corporate development and strategic finance. This was before he joined…

What is the time value of money (TVM)?

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Time value of money, explained The time value of money (TVM) is the concept that money available today is worth more than the same amount of money in the future. While inflation gradually weakens the purchasing power of money, its worth can rise over time by being invested or earning interest. The time value of money is an essential concept in finance and investing. Based on the interest rate and the time period involved, it is used to determine the present value of future cash flows, such as investment returns or…

BTC Consolidates Recent Losses to Start the Weekend  – Market Updates Bitcoin News

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Bitcoin consolidated recent losses on March 4, as cryptocurrency markets marginally stabilized from Friday’s sell-off. Prices plunged to a two-week low in yesterday’s session, however sentiment has somewhat shifted. Ethereum also recovered, moving back into the green to start the weekend. Bitcoin Bitcoin (BTC) consolidated Friday’s losses to start the weekend, as market volatility eased in today’s session. Following yesterday’s low of $22,213.24, BTC/USD rose to an intraday high of $22,444.19 earlier in the day. The move sees bitcoin move back above a long-term support point at $22,300, following Friday’s…

Chainlink Whale moves $79.7m LINK in 11 minutes

Crypto market intelligence platform Santiment on Mar. 3 detected three large whale transactions totaling $79.7m on the Chainlink (LINK) platform. Transactions valued at $79.7 million A whale address transferred 11.6m LINK worth $79.7m in three transactions within 11 minutes of each other during the final trading hours of Mar. 3.  In the first transaction, the whale moved 3.9m LINK. A few moments later, the wallet moved a second batch of 4m LINK, followed by another 3.5m LINK a minute later. According to Santiment, the whale’s activities resulted in Chainlink’s biggest…

Under-the-Radar Exchange Token Defies Crypto Market Downtrend, Surges Over 40% in One Week

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A crypto exchange token that’s flying under the radar is on the up and up this week even amid the market-wide corrective move. The native token of the MEXC exchange platform (MX) rallied from this week’s open at $1.23 to a high of $1.74 on Friday, representing an ascent of over 41%. The 215th-ranked crypto asset by market cap is also up more than 80% in the past month and over 101% since the start of 2023. MX has retraced from the high since and is trading for $1.65. Founded…

Bitcoin ASIC Mining at Home SUCKS…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Into GPU Mining? Impossible to get these GPUs: Newer Version of my Tripp Lite PDU: … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

B2BinPay’s New Partnership With the Athletic Club Is a Triumph for Both Sports and FinTech – Press release Bitcoin News

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press release PRESS RELEASE. B2BinPay has unveiled that they are now an official sponsor of Athletic Club, one of Spain’s most renowned football teams! This momentous collaboration will begin on February 14th and continue until the 2023/2024 La Liga season. On top of the B2BinPay logo featuring prominently in all official jerseys, several joint marketing initiatives have been planned for execution as well. Through our partnership with Athletic Club, B2BinPay hopes to bring cryptocurrency payments closer than ever before to enthusiastic football fans around the world. With enthusiasm, Arthur Azizov…