Tag: Markets

Bitcoin mining: China and Iran have ‘risks that are difficult to price,’ Cipher Mining CEO says

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #bitcoin #China #Iranbitcoin Cipher Mining CEO Tyler Page joins Yahoo Finance’s Zack Guzman to discuss the 2022 outlook for bitcoin mining, difficulties in mining cryptocurrencies, and the mining firm’s business model that allows it to compete in that space. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources,…

NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales – Markets and Prices Bitcoin News

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Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% this week. Moreover, over the last seven days, an NFT collection called Moonbirds saw the largest sales volume gathering $231.9 million. Weekly NFT Sales Record a Slight Increase NFT sales volume managed to increase slightly this week, as sales jumped 3.35% higher than last week’s sales. The sales volume stemming…

Argentinians Are Now Using P2P Markets to Multiply Their Savings – Bitcoin News

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Argentinians are now discovering that P2P (peer-to-peer) markets can be used to maintain or multiply their savings in crypto and foreign currency. According to local media sources, more and more Argentinians are using P2P exchanges and markets to apply arbitrage and earn money being P2P cashiers. Maximiliano Hinz, Latam operations director of Binance, states that their P2P business has grown 40% in just the last month. Argentinians Rush to P2P Market Boom Argentinians are discovering the way in which liquidity providers in P2P markets earn great amounts of…

Crypto and Blockchain Firms Constitute 16% of UAE Free Zone’s Record Q1 Company Registrations – Emerging Markets Bitcoin News

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Crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022, the Dubai Multi Commodities Centre (DMCC) has said. The surge in crypto-related registrations also coincided with a quarterly period in which the DMCC is reported to have recorded its “highest Q1 performance” since inception. Rise in Registrations Attributed to the Launch of DMCC Crypto Centre One of the UAE’s largest free zones, the Dubai Multi Commodities Centre (DMCC), has said 16% of the 655 new company registrations recorded in Q1 of…

While Markets Consolidate, Crypto Fear and Greed Index Points to ‘Extreme Fear’ – Markets and Prices Bitcoin News

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18 days ago on March 28, the Crypto Fear and Greed Index tapped the “greed” position, scoring a 60 for the first time in four months. Since that day, bitcoin has lost more than $7,500 in USD value, and hit a low of $39,200 per unit on April 11. The downturn has pushed the Crypto Fear and Greed Index back down to the “extreme fear” position with a score of 22. Crypto Sentiment Index Slides to ‘Extreme Fear,’ Bitcoin’s USD Value Is Down 35.7% Year-to-Date On Friday, April 15, 2022,…

XRP, Dogecoin Outperform as Crypto Markets Continue Slide

“The speculation is that advertisers could be able to pay DOGE for ads and for other uses on Twitter,” explained Kryptomon Chief Marketing Officer Tomer Nuni in a note to CoinDesk last week. “We have seen the same happening when Tesla revealed the ability to pay for its goods with DOGE. So the speculation could be around Musk’s businesses and stakeholdings starting to accept crypto, as Tesla does.” Source

Digital Assets Exchange Crypto.com Lists Three Little-Known Altcoins As Markets Trade Sideways

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As the crypto markets consolidate, one major digital assets exchange is adding three tokens to its arsenal of altcoins. In a series of tweets, Crypto.com is announcing the addition of three little-known altcoins to its expanding digital assets list. Two days ago, Crypto.com announced the listing of Voxies (VOXEL), a retro-style play-to-earn RPG game. The Ethereum-based VOXEL token is the game’s utility token and is up 0.6% over the last 24 hours. Voxies is listed in the https://t.co/vCNztATSCO App ? Buy $VOXEL at true cost with USD, EUR, GBP, and…

Spread of Sanctions Makes Privacy Tokens the Hot Bet in Crypto Markets

Monero‘s XMR, the largest privacy token by market capitalization, is up 35% over the last 30 days, compared with bitcoin (BTC), the world’s largest cryptocurrency by market value, which is up 6% over a 30-day period, according to data from Messari. Monero prides itself on providing a “secure, private, untraceable cryptocurrency that keeps money confidential,” according to its website. Binance, the world’s largest cryptocurrency exchange by trading volume, published a blog post last week on the top 10 privacy tokens on the platform, with XMR at number 1. Source

54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments – Emerging Markets Bitcoin News

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An average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of the respective countries’ respondents believe certain obstacles are stopping cryptocurrencies from going mainstream. Crypto as Currency According to the findings of a study by Checkout.com, about 54% of respondents in both the UAE and Saudi Arabia “believe that cryptocurrency should be used as currency” and not only as “an investment asset.” This figure is nine percentage points higher than the…