A robot with a reputation for outperforming an aggregated basket of the 20 largest crypto assets is presenting its latest portfolio allocations as Bitcoin (BTC) and Ethereum (ETH) battle to stay afloat. Each week the Real Vision Bot conducts surveys in order to create algorithmic portfolio assessments consistent with a “hive mind” consensus. The bot’s …
Monthly archives: July 2022
Macro Guru Raoul Pal Says Bitcoin (BTC) and Crypto Markets Controlled by One Big Driver
Real Vision CEO and macro expert Raoul Pal says Bitcoin (BTC) and the crypto markets are largely influenced by one macroeconomic factor. Pal tells his 965,100 Twitter followers he believes Bitcoin and the rest of the crypto markets are closely tracking the global money supply or M2. M2 is a measure of the current money …
Bitcoin (BTC) Is the Only Safe Haven Amid ‘Full-Blown Recession,’ Says Host of InvestAnswers
A popular crypto analyst is issuing a dire warning for all financial sectors as he breaks down the state of the macro economy. The anonymous host of InvestAnswers tells his 442,000 YouTube subscribers that the markets tanked worse during the first half of 2022 than any time over the past half-century, with markets suffering significant …
Bitcoin Shatters 1,000,000,000 Address Milestone As Pressure on ‘Diamond Hand’ Crypto Holders Mounts: Glassnode
Bitcoin has officially surpassed a massive network milestone. Users have now created more than 1 billion Bitcoin addresses, according to the crypto analytics firm Glassnode. Each unique address is essentially a series of letters and numbers representing a virtual location that BTC can be sent to. “Bitcoin (BTC) total number of addresses ever created just …
French central bank head announces beginning of wholesale digital euro project phase 2
The first phase of experiments with a wholesale digital euro has been completed, and Phase 2 experiments will begin this year, Banque de France governor François Villeroy de Galhau said Tuesday. Four or five new experiments are expected to be launched. Speaking at the Paris Europlace International Finance Forum, the French central banker summed up …
Sri Lanka central bank reiterates crypto warning following protestors seizing president’s residence
Amid economic and political turmoil, the Central Bank of Sri Lanka, or CBSL, has warned the public against crypto purchases due to the lack of regulatory oversight. In a Tuesday notice, the CBSL said it has not authorized or licensed any company in Sri Lanka to offer crypto-related services, including exchanges, initial coin offerings and …
Blockchain-based games see an uptick in users despite bear market conditions
Bear markets are always tough, but one of the positives is they clear the clutter and this allows legitimate projects to stand out. While most investors are focused on the latest centralized finance (CeFi) and decentralized finances (DeFi) scandal, the blockchain gaming sector has quietly weathered the storm better than other niches of the market. …
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Animoca Brands raises $75M to advance ‘open metaverse’ concept
Blockchain gaming and venture studio Animoca Brands has closed another strategic funding round, giving the company additional resources to expand its acquisition targets in the metaverse sector. The company announced Tuesday that it has closed a $75.32 million funding round at a pre-money valuation of $5.9 billion backed by Liberty City Ventures, Kingsway Capital, Alpha …
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Bitcoin Price Prediction for Today, July 12: BTC/USD Slumps Below $19,500
The Bitcoin price sees a 2.48% decline over the past few hours as the cryptocurrency fails to cross above $20,000 and heads lower. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,448 Bitcoin market cap – $372.2 billion Bitcoin circulating supply – 19.0 million Bitcoin total supply – 19.0 million Bitcoin Coinmarketcap ranking – #1 …
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The Sandbox Price Prediction: SAND Higher on Playboy Win – Where Next?
Sandbox price displayed a 30% surge earlier this month, leading a pack of tokens tied to the metaverse to continue driving restoration in the distressed crypto market. The Sandbox is a digital world running on a blockchain to provide a platform where gamers can earn money from their in-game experiences. Skilled gamers can go as …
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Majority of Wall Street Investors Expect Bitcoin To Plunge to This New Low: Survey
A new study finds that many Wall Street investors believe Bitcoin (BTC) hasn’t bottomed out and will fall to nearly half its current value. A new Bloomberg MLIV Pulse survey says it asked 950 Wall Street investors whether they expected Bitcoin to first recapture the $30,000 level or fall to $10,000, with 60% saying they …
Gate.io Accelerates Global Expansion Strategy With Key Appointments
July 12, 2022 – Majuro, Marshall Islands Gate.io, one of the foremost cryptocurrency exchanges, is accelerating its global strategy, and as a result, hiring and expanding operations in several key countries including Turkey, Japan, Brazil and others. Regardless of the current state of the market, the exchange is pressing forward in its push to expand globally. …
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BoE official compares current crypto market regulation to ‘unsafe aeroplanes’
Jon Cunliffe, deputy governor for financial stability at the Bank of England, has called for a clear regulatory framework for crypto to address risks amid the recent market downturn. In a written speech at the British High Commissioner’s Residence in Singapore on Tuesday, Cunliffe said regulators needed to “get on with the job” of incorporating …
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How to build a passive income stream from cloud mining?
Cloud mining is the process of mining cryptocurrency without the direct use of mining equipment or hardware. The process allows users to mine Bitcoin or altcoins without having to manage their own resources. Related: What is an altcoin? A beginner’s guide to cryptocurrencies beyond Bitcoin In traditional crypto mining, cryptocurrency is produced through a computational …
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‘Very small chance’ BTC price could hit $24K, says trader as US dollar cools
Bitcoin (BTC) fought to reclaim $20,000 on the July 12 Wall Street open as the U.S. dollar cooled its surge to new two-decade highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar bull run takes fresh breather Data from Cointelegraph Markets Pro and TradingView revealed a tug-of-war between buyers and sellers following seven-day lows for BTC/USD. …
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