Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 975. Im heutigen Video geht’s um folgende Themen: Bitcoin Kurs Einbruch färbt den Markt rot – Altcoins bluten noch mehr & Ethereum völlig überlastet, so verändert DeFi das ETH-Ökosystem. 1.) Bitcoin Kurs Einbruch färbt den Markt rot – Altcoins bluten noch mehrhttps://cryptomonday.de/bitcoin-kurs-einbruch-faerbt-den-markt-rot-altcoins-bluten-noch-mehr/ 2.) Ethereum völlig überlastet, Gebühren auf Rekord-Niveau...
Read More »Ethereum Price Analysis: ETH Remains At Risk of More Losses
Ethereum price failed to clear the $400 barrier and declined recently against the US Dollar.ETH price is trading below the $352 support level and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $375 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it breaks the $330 support level in the near term.Ethereum price is declining and trading below the $352 support against the US Dollar. It seems like...
Read More »Craig Wright’s Efforts to Dismiss Kleiman’s 1.1 Million Bitcoin Trial Are Denied “On All Grounds”
Craig Wright’s tactics for delaying the Kleiman estate litigation process may be coming to an end.The United States District Court for the Southern District of Florida has denied “on all grounds” the motion introduced by Craig S. Wright to dismiss the long-standing Kleiman vs. Wright lawsuit.Wright’s motion was denied “on all grounds”When a motion is denied “on all grounds,” in theory, it means that there is no argument considered valid or at least reasonable by a judge to satisfy any claim....
Read More »India Is Looking to End Crypto Trading… Again
It looks like India and cryptocurrency are back in the news. This time, India is resorting back to its old tricks of potentially banning crypto trading.India Seeks Full Ban on Crypto TradingThe big question is this… Didn’t the country already tread this path? While crypto trading itself was never banned within its borders, India did pass a law that prevented all standard banks and financial institutions from doing business with firms and enterprises that dabbled in crypto. If a company...
Read More »Libra Gets Another Executive, But Does Anyone Care Anymore?
Facebook’s Libra company – the cryptocurrency that will allegedly serve as a global currency everyone can use in the coming future – has appointed James Emmett, the former HSBC European head, to an executive position within its infrastructure.Libra Chooses James Emmett of HSBC FameAccording to reports, Emmett will develop and operate the payment system associated with Libra, which goes by the name of the Calibra wallet. Emmett’s appointment marks the latest in a string of several high-profile...
Read More »Nigeria SEC Says It’s Well Equipped To Regulate Cryptocurrencies
According to new reports today, the Commission has further explained that the move was part of its effort to protect investors, and it is well equipped to provide the required regulations.Last week, the Securities and Exchange Commission, Nigeria (SEC Nigeria), published a proposed set of regulations for the cryptocurrency and blockchain space, given the increasing importance of regulation.Making The Crypto Space ComfortableCommenting on the development, Emomotimi Agama, Head, Registration,...
Read More »The Coronavirus Has Really Pushed Bitcoin Forward
How strange is it that the coronavirus has led to the suffering of banks but the overall establishment of bitcoin as a potentially mainstream asset? According to most analysts, the situation is not strange at all.Bitcoin Is Now More Mainstream Than EverBitcoin was largely speculative prior to the spread of the coronavirus pandemic. People saw it as something that could be invested in and something that could get them a lot of money if they played their cards right, but that’s about it. Nobody...
Read More »Survey: 26% Of Institutional Investors Set To Increase Cryptocurrency Purchases
A recent study compiled by a cryptocurrency insurance company revealed that over 25% of surveyed institutional investors, who collectively manage nearly $80 billion of assets, are planning to increase their digital asset holdings.Institutional Investors To Accumulate More CryptoAlthough the interest from institutional interest has been rising lately, exemplified by the large digital asset manager Grayscale, Evertas’ survey suggested further accelerations.The study compiled by the company...
Read More »After Crashing 10% in Hours is the ETH Bottom In? (Ethereum Price Analysis)
Ethereum fell by a precipitous 10% today as it slips to $336. The cryptocurrency failed to surpass the $390 resistance last week and fell today as BTC dropped by 3%. Against Bitcoin, ETH also fell by 5.3% as it penetrated beneath the crucial support at 0.0329 BTC to trade at 0.032 BTC. ETH/USD – Etheruem Bears Return Market To September Support Key Support Levels: $336, $325, $306.Key Resistance Levels: $364, $380, $390. Ethereum fell by a steep 10% today as it dropped...
Read More »Historically Painful: Bitcoin Lost 12% on Average in September For the Past Three Years
The price of Bitcoin (BTC) on major exchanges has dropped by approximately 2.9 percent to $10,558.60 over the past 24 hours, as of press time —sparking widespread declines throughout the wider cryptocurrency market.Tokens relating to decentralized finance have seen particularly harsh declines of late, and BTC’s drop in valuation since a failure to push higher over the weekend hasn’t done DeFi tokens any favors.The cryptocurrency market is rapidly losing valuation today. Source: Coin360Where...
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