Tag: News

OMG! WHALES BUYING 3 ALTCOINS [I'M EXCITED]

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Whale Accumulation for 3 Altcoins!!! + I EXPLAIN *WHY* WHALES ARE BUYING! Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch whole video) 0:45 – Coin #1 2:08 – Why are whales Buying Coin #1? 4:04 – Coin #2 (PRICE will DOUBLE in 3 MONTHS?) 6:38 – Coin #3 7:10 – Why are whales Buying Coin #3? 9:10 -Final Thoughts **Note: My overall opinion…

Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value – Mining Bitcoin News

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Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the leading crypto asset dropping further in value against the U.S. dollar following FTX’s collapse. Statistics recorded this past weekend show that bitcoin’s average cost of production has been a lot higher than bitcoin’s USD value recorded on spot market exchanges. Statistics Show Bitcoin’s Cost of Production Is a Lot Higher Than the Leading Crypto Asset’s USD Value On Sunday, Bitcoin.com reported on Bitcoin’s difficulty rising by 0.51% at block height…

NEAR Slips to 16-Month Bottom, ALGO Over 11% Lower on Monday – Market Updates Bitcoin News

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Near protocol fell to its lowest level in over sixteen months, as bearish pressure intensified on Nov. 21. Overall, cryptocurrencies started the week trading lower, following increased speculation on a prolonged market crash. Algorand was another notable token to fall, dropping by over 11% today. Near Protocol (NEAR) Near protocol (NEAR) dropped to its lowest level in over one year, as the token extended recent declines. NEAR/USD fell to a low of $1.50 on Monday, slipping for a sixth straight session in the process. This drop in price has seen…

BTC Has Died 466 Times — 2 More Death Calls Added to the Bitcoin Obituaries List After FTX Collapsed – Bitcoin News

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Just before the FTX collapse, bitcoin was trading above the $20K zone and after the problems started to show and the company filed for bankruptcy, bitcoin’s price dropped close to 19% lower than it was days before the fiasco. According to the official Bitcoin Obituaries list, the sliding crypto prices added another two bitcoin obituaries to the list of so-called bitcoin deaths over the years. 2 More Notice of Death Calls Added to the Bitcoin Obituaries List Following FTX’s Demise It’s safe to say that the FTX collapse brought cryptocurrency…

CME Group’s CEO Called FTX’s Sam Bankman-Fried an ‘Absolute Fraud’ When They Met in March – Bitcoin News

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According to the CEO of CME Group, Terry Duffy, the executive met with former FTX CEO Sam Bankman-Fried (SBF) last March at a conference, and Duffy ended up calling the FTX frontman a “fraud.” When Duffy sat down with SBF, the former FTX executive said his end goal was to compete with CME Group. Last March CME Group’s Terry Duffy Called SBF a ‘Fraud’ and Says He Was the Only One Besides ICE to Call ‘BS on These Clowns’ Terry Duffy, the chief executive officer of CME Group, the world’s…

BTC Below $16,000 Amid Increased Market Volatility – Market Updates Bitcoin News

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Bitcoin slipped below $16,000 on Nov. 21, as markets continued to react to the news that the FTX contagion had impacted yet another firm. Hong Kong-based crypto ATM firm Genesis Block halted its operations, as it looks to stabilize its liquidity pool. Ethereum was also lower, as prices remained below $1,200. Bitcoin Bitcoin (BTC) slipped below $16,000 to start the week, as volatility in cryptocurrency markets continued to rise. Following a high of $16,590.42 on Sunday, BTC/USD dropped to an intraday low of $15,943.14 earlier today. The move pushed the…

Brazilian Bank Itau Unibanco to Offer Cryptocurrency Custody Services in 2023 – News Bitcoin News

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Itau Unibanco, one of the biggest Brazilian banks, has announced it will offer cryptocurrency custody services in 2023. Itau Digital Assets, the cryptocurrency unit of the company, will be responsible for this offering, which will be first available to customers of the bank, and then to third parties as a service. Brazilian Bank Itau Unibanco to Debut Crypto Custody Offering Itau Unibanco, one of the largest private banks in Brazil and Latam, has decided to step into the crypto-related services business. The company announced on Nov. 17, 2022, that it…

Uzbekistan Licenses 2 Crypto Exchange Service Providers – Exchanges Bitcoin News

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The regulatory body overseeing the crypto market in Uzbekistan has issued licenses to two companies that will be providing exchange services. The decision to authorize their activities aims to make it easier for Uzbekistanis to purchase and sell digital currencies, the agency said. 2 Crypto Exchanges Licensed to Trade Coins in Uzbekistan Uzbekistan’s National Agency of Perspective Projects (NAPP) has granted licenses to two entities established to offer cryptocurrency exchange. Crypto Trade NET and Crypto Market have been registered as “service providers in the field of crypto assets turnover,” the…

Brazilian Cryptocurrency Bill Resurfaces After General Ballot – Regulation Bitcoin News

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The Brazilian cryptocurrency bill, sidelined several times due to the general election ballot that happened on October 30, might be discussed and voted on during the following week. According to reports, the project identified as 4.401/2021 will be on the agenda for being discussed by the Chamber of Deputies, marked as urgent, and listed to be discussed on Nov. 22. Brazilian Cryptocurrency Bill Back on Agenda The Brazilian cryptocurrency bill, a project that seeks to regulate the actions of cryptocurrency exchanges and custody agents, as well as establish clear cryptocurrency…

Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’ – Mining Bitcoin News

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On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has pushed the difficulty rating to another all-time high, from 36.76 trillion to the current 36.95 trillion. Bitcoin Difficulty Reaches All-Time High Nearing 37 Trillion, Leading Crypto Asset’s Fiat Value Sinks Lower Today it is 0.51% more difficult to find a Bitcoin (BTC) block reward than it was for the last two weeks or 2,016 processed blocks. The…