Bitcoin (BTC) failed to reclaim recent losses into July 2 as traders prepared for stagnant price action to continue. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Downtrend acceleration” still in force Data from Cointelegraph Markets Pro and TradingView tracked a limp BTC/USD as it chopped around the $19,000 mark into the weekend. The Wall Street …
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Summary: KuCoin CEO, Johnny Lyu, has debunked rumors that the exchange will soon pause withdrawals. According to Mr. Lyu, KuCoin does not have direct exposure to collapsed LUNA, Three Arrows Capital, or Babel Finance. He further reassures that ‘everything on KuCoin is operating well.’ The CEO of KuCoin, Johnny Lyu, has refuted claims that the …
CryptoSlate hosted an AMA Friday, July 1, to talk about NFTs and digital rights. Joined by the Head of Strategy at Theta Labs, Wes Levitt, renowned artist and founder of AfterOrder, RamonN90, and SolSea founder, Mr.Vito. With the utility of NFTs being a key area of interest for many investors, the AMA explored digital rights …
As July begins and markets remain bearish, there’s still no shortage of dynamic developments in the crypto space. In this week’s Bitcoin.com News Week in Review, ‘sleeping bitcoins’ from 2010 make moves, Rich Dad Poor Dad author Robert Kiyosaki says he is waiting for bitcoin to test $1,100, Russia denies debt default allegations, and Mark …
Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying to access financial products and education. However, the Central Bank of Mexico has been against the introduction of bitcoin into …
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The latest data from Cryptocompare shows that assets under management (AUM) of crypto investment products reached record lows during the month of June. The data also shows 21 Shares Short Bitcoin ETP as the only digital investment product that registered a positive 30-day return (30.8%) as of June 23. Three Arrows Capital Insolvency Factor The …
The richest non-exchange Bitcoin wallet is on a BTC shopping spree as the crypto market downturn continues. The wallet, ranking third in Bitcoin holdings behind two crypto exchange wallets, bought 4,816 BTC over the past month, splurging over $102 million in the process. At the start of June, the Bitcoin wallet in question held 127,873 …
HodlX Guest Post Submit Your Post On Wednesday, June 29, 2022, the U.S. Securities and Exchange Commission (SEC) published an 86-page decision, “Order Disapproving a Proposed Rule Change, as Modified by Amendment No. 1, to List and Trade Shares of Grayscale Bitcoin Trust under NYSE Arca Rule 8.201-E,” which in essence is a rejection of Grayscale’s …
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African degens are on a journey to the moon. With crypto, African people’s savings are hedged against insane inflation levels, they can find employment in Web3, and there is always the potential to make life-changing money that will transform the trajectory of their lives forever. People from various backgrounds are embarking on this journey to …
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Nonfungible tokens (NFT) took center stage in the year 2021 as artists, influencers, A-list celebrities and the sports industry finally came across a fan engagement tool that empowered the general public to cash in on their success. However, the hype around NFT did not manage to stand its ground as sales plummeted to one-year lows …
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A new financial system; a more democratized, even more inclusive, financial sector; the future of the internet — the crypto ecosystem has been described as all of these things. However, as is evidenced by digital assets’ inherent correlation with the Nasdaq 100, most people fail to conceptualize blockchain as anything other than an extension of …
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MicroStrategy Inc, a business intelligence and software company headed by Michael Saylor, recently made a Bitcoin purchase, at times when the crypto market appears to be on the brink of collapse. The firm bought 480 Bitcoins, worth about $10 million, where each Bitcoin was acquired at a rough value of $20,817. According to the paperwork …
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As a direct result of the recent poor performance of the cryptocurrency market, the Celsius Network is now dealing with liquidity concerns. The withdrawal option on Celsius was disabled a month ago, and the company has not yet reinstated it since the liquidity situation is not yet stable. Visit FCA Regulated eToro to Buy Crypto …
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The first significant regulatory system for the cryptocurrency business was agreed upon by EU authorities on Thursday. After hours of discussions, the European Commission, EU parliamentarians, and member states reached an agreement in Brussels. Last night, three major financial institutions finalized measures to combat cryptocurrency-based money laundering. Visit FCA Regulated eToro to Buy Crypto Now …
Building a career or constructing a team in decentralized finance (DeFi) and crypto relies on finding talent, skills and the right attitude anywhere, in anyone. While this is no different than other industries, what makes ours unique are the much-needed, specialized skill sets combined with finding a good culture fit in an international and remote …
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