With bitcoin sliding further below the $30,000 line, the value of liquidated positions has increased to almost $150 million on a daily scale. As expected, most were from long positions, with the largest one taking place on OKX. It was less than two weeks ago when the primary cryptocurrency was riding high following Ripple’s partial court victory against the SEC. BTC, along with the rest of the market, soared to new multi-year peaks. However, the market failed to maintain its...
Read More »Stellar Lumen (XLM) Price Remains Supported For Fresh Rally Above $0.18
Stellar lumen price started a downside correction from the $0.180 zone against the US Dollar. XLM price is now trading above $0.1450 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.160 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.160 and $0.1675 resistance levels. Stellar lumen price is trading above $0.150 against the US Dollar, similar to...
Read More »Why Dash (DASH) and VC Spectra (SPCT) Are ChatGPT’s Favorite Crypto Investments of 2023
Crypto experts have used ChatGPT to ask for investment recommendations time and again. Usually, it does not mislead. For 2023, ChatGPT selected Dash (DASH) and VC Spectra (SPCT) as the best coins to purchase. Why is this? >>BUY SPCT TOKENS NOW<< Investors Make Dash (DASH) A Stable Investment In 2023 Dash (DASH) got relegated to a low-level coin in the last two years. However, in 2023, Dash (DASH) made significant strides as investors surged back to it in droves. Consequently, it...
Read More »Ripple Price Analysis: Bulls Protect Uptrend Support, Aims Fresh Rally
Ripple price started a downside correction below the $0.820 zone against the US dollar. The price is now trading below $0.80 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.738 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.750 resistance. Ripple price is consolidating near $0.720 against the US Dollar, similar to Bitcoin. XRP price...
Read More »Bitcoin und grenzüberschreitende Transaktionen: Vorteile für den internationalen Handel
Im digitalen Zeitalter von Online Casinos wie Tonybet ist die Welt zunehmend vernetzt, und Unternehmen und Privatpersonen tätigen mehr grenzüberschreitende Transaktionen als je zuvor. Herkömmliche Methoden des internationalen Handels sind jedoch oft mit erheblichen Herausforderungen verbunden, darunter hohe Gebühren, lange Bearbeitungszeiten und komplizierte Währungsumrechnungen. Bitcoin, die bahnbrechende Kryptowährung, hat sich als bahnbrechende Kraft im Bereich der grenzüberschreitenden...
Read More »US SEC Starts Reviewing Several Spot Bitcoin ETF, Including BlackRock’s (Report)
The United States Securities and Exchange Commission (SEC) has reportedly put six spot Bitcoin exchange-traded fund (ETF) applications under review, marking the first step before officially approving or rejecting them. Finance giants, including BlackRock and Fidelity Digital Assets, have recently displayed ambitions to launch such ETFs, infusing enthusiasm in the crypto space and positively affecting the market. Waiting for the Next Step As reported by Reuters, the US...
Read More »Charges Laid Out Against Two Men in Mt. Gox Case
Has justice arrived in the Mt. Gox case? Perhaps that’s the scenario as after nearly ten years, two Russian men have been charged with conspiring to steal more than 600,000 bitcoin units. Is the Mt. Gox Case Coming to an End? The federal government has laid charges out against Alexey Bilyuchenko and Aleksandr Verner. They’re accused of conspiring to launder as much as 647,000 BTC funds stolen from the exchange. At the time of the theft, these units would have been...
Read More »Cathie Wood on the Coinbase-SEC Lawsuit and BTC’s Price
Ark Investment Management founder and CEO Cathie Wood – a longtime bitcoin bull – has thrown herself into the Coinbase mess involving the Securities and Exchange Commission (SEC) and is defending the exchange. She also believes bitcoin could jump into $600K territory within the next seven years. Cathie Wood on Where Bitcoin Will Go Wood mentioned she thinks the SEC is going about the situation all wrong. All the agency wants to do is persecute when the rules are...
Read More »Black Swan Author Sees ‘Crypto Fad Starting to Peter out’ as Youngsters Turn to AI
Nassim Nicholas Taleb – the author of the book “The Black Swan” who is among crypto’s biggest critics – launched another bashing manifest against the asset class. He believes the mania surrounding bitcoin and the alternative coins have started fading out because young people have turned their focus toward Artificial Intelligence (AI). The Latest Dose of Criticism In one of his recent tweets, Taleb claimed that the crypto hype is “starting to peter out” due to youngsters’ new...
Read More »Bitcoin : quelle crédibilité ?
Extrait d’une intervention de Yorick de Mombynes à l’Université d’été d’économie politique d’Aix-en-Provence, le 23 juillet 2023. « Bitcoin est un dispositif de stockage et de transfert de valeur sur internet, sans intermédiaire, incensurable, rapide, programmable, peu coûteux et protégeant bien la vie privée. Les unités numériques et comptables circulant sur son réseau sont des « bitcoins »,...
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