Just like the traditional markets, the crypto markets reacted badly to yesterday’s speech by Powell. Following the announcement of the continuation of the hawkish policy of the Federal Reserve, the market sentiment is bearish. Yesterday’s selloff caused Ethereum to lose more than 12% in under 24 hours. Is more pain incoming? Technical Analysis By: Grizzly The Daily Chart The price of Ethereum fell sharply against the US dollar and Bitcoin yesterday. The short uptrend that...
Read More »The IMF Issues Gloom and Doom Statement Regarding Crypto
The International Monetary Fund (IMF) is concerned about the crypto space after the collapse of both Luna and Terra USD. The IMF Is Worried About Ongoing Crypto Use The latter was an algorithmic stable currency that lost its peg a few months ago. This resulted in not only the coin and its sister asset Luna collapsing completely, but investors ultimately losing billions of dollars overnight. The IMF said in a recent interview that this likely won’t be the only time...
Read More »Bitcoin stürzt unter 20K
In dieser Woche kam es zu einer weiteren Preiskorrektur für den BTC. Heute ging es sogar seit langem wieder unter die Marke von 20.000 US-Dollar. Ist das ein weiteres Bärensignal oder kommt es zur Trendwende? Bitcoin News: Bitcoin stürzt unter 20KSeit Mitte Juli lag der Preis nicht mehr in diesen Regionen, zuletzt konnte der BTC sogar weiter zulegen. Doch der Preisaufschwung führte uns nicht über 30K. Der Kurs stagnierte, ehe er in der aktuellen Woche sogar deutlich abgab. Im Wochenvergleich...
Read More »Liquid: Die Profi Bitcoin-Börse mit der schnellsten Benutzeroberfläche. Schon probiert?
Vor Jahr und Tag waren derartig professionelle Plattformen den Börsen-Cracks auf den Banken vorbehalten. Dank Bitcoin-Börsen wie Liquid steht professionelles Trading allen offen. Als Anfänger ist gegebenenfalls etwas Einarbeitung nötig, aber dann kann man Kryptowährungen handeln wie ein Profi. Das bietet die Bitcoin-Börse Liquid. Aber eines ist gewiss, handeln auf dieser schnell reagierenden Benutzeroberfläche ist etwas einzigartiges und macht...
Read More »Honduras Establishes “Bitcoin Valley” to Boost Tourism
Central America and bitcoin continue to be like two peas in a pod. Initially, the trend of Central America accepting and using bitcoin like it was actual money began with El Salvador in 2021. The country was the first to declare BTC legal tender and it hasn’t looked back. Now, the neighboring region of Honduras – while not going as far as to declare bitcoin money – is using the world’s number one digital currency to attract tourism through what it’s calling “Bitcoin...
Read More »$80 Billion Gone From Crypto Markets as Bitcoin Dumped to 6-Week Low
After the recent stagnation, bitcoin finally began moving and dumped to a six-week low beneath $20,000. Most altcoins are deep in the red as well. Ethereum is down to $1,500, while SOL, ADA, and AVAX have declined by up to 8% in a day. Bitcoin Dipped Below $20K Last week was particularly harmful to the primary cryptocurrency, which dumped from $25,200 to $21,000 in a matter of days. Since that enhanced volatility, the asset calmed and spent most of the following days trading...
Read More »Surfin’Bitcoin – Programme de la journée du 27 août
Les thématiques du jour : MINAGE & ÉNERGIE (matin), TECH & TOOLS (après-midi). Les conférences se déroulant dans la salle Ledger s’adressent au grand public, celles de la salle Stackinsat sont davantage à destination des experts et des professionnels du secteur. Le programme complet est disponible sur l’application Surfin Bitcoin 2022 (Play store – App store). 9h00 – Besoin énergétique du bitcoin par layer avec Nicolas Cantu,...
Read More »$400M in Liquidations Daily as Bitcoin Dipped Below $20K
Bitcoin only intensified its recent price drops by slumping to just under $20,000 for the first time in about six weeks. The alternative coins suffer, too, leading to almost $400 million in liquidations from over-leveraged traders. CryptoPotato reported the relatively stable price movements from bitcoin in the past week or so. After falling by $4,000 in the previous week, BTC spent most of this one around the $21,000 mark. It challenged $22,000 a few days ago but to no...
Read More »Senators Strive for No Taxes on Small Crypto Transactions
A handful of lawmakers in the U.S. are pushing to do away with crypto taxes on small transactions. Will Crypto Taxes Become a Thing of the Past? Right now, capital gains taxes are required on all crypto transactions that garner profits for their owners. Let’s say you buy $100 worth of bitcoin. You hold onto it for some time and that $100 eventually becomes $1,000. You then sell the BTC. You’ve made $900 in profit through that transaction, and you’ll likely owe taxes to...
Read More »Jerome Powell Speech, Merge Updates, and Bitcoin’s Choppy Price Action: The Week’s Crypto Recap
The past seven days were relatively unproductive in the cryptocurrency markets – at least in terms of price development, but this doesn’t mean there wasn’t volatility. The total capitalization seems to be hanging by a thread slightly above the coveted mark of $1 trillion. This time last week, Bitcoin was trading at around $21,700 but quickly retraced below $21,000. The price spent quite some time battling with this area, and it appears that even until this moment, there’s no...
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