Former Goldman Sachs executive Raoul Pal says one particular Ethereum (ETH) rival is likely to outshine the rest of the crypto markets next bull cycle. In a new ask me anything (AMA) session, the Real Vision founder says that while the Solana (SOL) blockchain has had technical issues as of late, that doesn’t negate the …
Monthly archives: October 2022
Why the US is one of the world’s most crypto-friendly nations
It may come as a surprise to some, but the US is undoubtedly one of the friendliest nations when it comes to crypto. With the most Bitcoin and Ethereum nodes, it ranks first, and regulators are particularly interested in the topic. President Joe Biden’s administration published a number of federal reports in September that discussed …
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Brazil Registers Record Number of Institutions Declaring Cryptocurrency Holdings
Brazil registered its highest number of companies and institutions declaring ownership of cryptocurrencies in August. The numbers, which come directly from the Brazilian Tax Authority (RFB), show that more and more institutions are eager to purchase cryptocurrency, and also indicate that the most significant volumes are moved using Tether’s stablecoin usdt. Institutions Are Holding More …
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Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is ‘a Losing Trade’ — Reignites Feud With Laser Eyes Movement
Veteran trader Peter Brandt’s latest remarks which mock crypto traders still using laser eyes crypto memes have sparked an immediate and angry response from bitcoiners on Twitter. One very famous bitcoiner, Michael Saylor, reminded Brandt that the laser eyes signify “a long-term commitment to bitcoin based on its ethical, technical, and economic superiority to alternative …
Salvadoran President Nayib Bukele Takes Aim at Bitcoin Detractors, Says the Ones Who Are Afraid ‘Are the World’s Powerful Elites’
It’s been over a year since El Salvador codified bitcoin as legal tender in the Latin American country, and by popping the ‘orange pill,’ the country was propelled into the international spotlight. At the end of September, the 41-year-old Salvadoran president Nayib Bukele penned an opinion editorial that takes aim at the detractors who think …
Here’s What Could Trigger the Next Parabolic Bitcoin (BTC) Rally, According to Quant Analyst
A widely followed quant analyst is revealing what he believes could be the catalyst that sparks the next parabolic rally for Bitcoin (BTC). Crypto Quant chief executive Ki Young Ju tells his 306,200 Twitter followers that the massive influx of stablecoin USD Coin (USDC) to crypto exchanges could signal the beginning of a new Bitcoin …
Lucky Block V1 Price Prediction: LBLOCK V1 Prepars To Break $0.0001900
Lucky Block: October 9th, 2022 Lucky Block V1 market is preparing to take off towards higher price Marks. And as you will agree that a profitable trader is the one who spots a trend early enough, and then utilizes it properly. At this point price action is already hinting at a position uptrend Lucky Block’s …
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Binance Coin Price Prediction Today, October 9, 2022: BNB/USD Price Pulls Back to Lower Support
Binance Coin price action has maintained a moderate long-term gain. This moderate upside gain can be observed to have started around the 22nd of last month. Currently, we are at the point of knowing if this upward-sloping trend will be broken down or not. Binance’s Analysis Statistics Data: BNBs value now: $282.2 Binance’s market cap: …
September 2022 – Binance Smart Chain Analysis
HodlX Guest Post Submit Your Post Key data In September, the average number of unique active wallets per day increased by 11.5%. Average number of BNB transactions per day increased by 1.2% in September. In September, average number of BSC blocks per day increased by 1.4%. Average BSC gas price decreased by 2.1%, compared to …
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Top 3 reasons why Bitcoin hash rate continues to attain new all-time highs
Bitcoin miners continue to take advantage of the falling GPU prices to upgrade their mining equipment as they aim to remain competitive in the fierce competition. Throughout the month of October, Bitcoin’s (BTC) hash rate surged by 10.8% as it recorded new all-time highs on a daily basis. While the increase in hash rate ensures …
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India’s Central Bank RBI Publishes Digital Currency Details — Confirms Digital Rupee Pilot Launching ‘Soon’
India’s central bank, the Reserve Bank of India (RBI), says it will soon commence “limited pilot launches” of the country’s digital currency (digital rupee) for specific use cases. The central bank explained that “multiple technological options shall be tested and based on the outcomes, the final architecture shall be decided.” RBI Prepares to Launch Digital …
Visa Partners With FTX to Roll out Crypto Debit Cards in 40 Countries
Payments giant Visa is launching crypto debit cards in more than 40 countries in partnership with cryptocurrency exchange FTX. “At Visa, we believe that digital currencies will have a lasting impact on the future of financial services and money movement,” said a Visa executive. Visa and FTX Launching Crypto Debit Cards in Over 40 Countries …
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Robert Kiyosaki Explains Why He Buys Bitcoin Citing Pension Funds and Inflation
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has explained why he buys bitcoin. Citing inflation, he detailed that pension funds are investing in cryptocurrency, adding that they know “fake” money, stocks, and bonds “are toast.” Robert Kiyosaki on Why He Buys Bitcoin The author of Rich Dad Poor Dad, …
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US Employment Growth Is slowing Less Than Predicted; Bitcoin Falls Below The $20k Mark
Although the 263,000 jobs added by U.S. companies in September were slightly higher than predicted, they nonetheless show a declining labor market As the over expected result provides the Federal Reserve less room to choose for a slower rate rise at the next monetary policy meeting in October, Bitcoin (BTC) dropped by approximately 2% after …
FOMC Meeting Could Help Bitcoin’s Price Sky Rocket; Here’s Why
Bitcoin (BTC) has been trading around $19,400, essentially unchanged over the previous 24 hours and down 5% over the past week. Now that the market has moved past “The Merge,” cryptocurrency prices are once again closely tied to inflation and interest rate dynamics. Bitcoin Price Predictions Prior to FOMC Meeting The FOMC meeting of the …
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