Crypto EcoBlog
In den letzten Jahren hat sich Bitcoin zu einem bedeutenden Gesprächsthema unter Investoren, Finanzexperten und der breiten Öffentlichkeit entwickelt. Diese Kryptowährung, die oft als digitales Gold bezeichnet wird, gewinnt zunehmend an Bedeutung als möglicher Schutz vor der schleichenden Gefahr der Inflation. In Zeiten wirtschaftlicher Unsicherheit und steigender Inflation erweist sich Bitcoin als eine attraktive Alternative, um Vermögen zu bewahren und zu vermehren. Die einzigartigen...
Read More »Litecoin und seine 5 Vorteile gegenüber Bitcoin
Während Bitcoin häufig als digitales Gold bezeichnet wird, nennen viele Litecoin auch digitales Silber, um die nahe Beziehung zu Bitcoin wiederzuspiegeln. Kryptowährungen haben in den letzten Jahren einen enormen Aufschwung erlebt. Bitcoin, als die bekannteste und älteste Kryptowährung, hat dabei zweifellos die Führung übernommen. Doch inmitten dieser Blütezeit gibt es auch andere vielversprechende Kryptowährungen, die aufgrund ihrer einzigartigen...
Read More »MicroStrategy to Report Bitcoin Holdings Quarterly without Impairment Losses
The decision by the FASB to allow fair-value accounting for digital assets is a huge step forward for companies like MicroStrategy. Software developer MicroStrategy Inc (NASDAQ: MSTR) is set to report its Bitcoin (BTC) holdings quarterly without recognizing impairment losses in case of crypto price declines during the reporting period. This development comes as a result of the Financial Accounting Standards Board (FASB) approving new guidelines. Berenberg, a respected investment bank, has...
Read More »Bitcoin Price Analysis: BTC At Risk of More Downsides Below $25K
Bitcoin price started a fresh decline below the $26,800 level against the US Dollar. The price is now trading below $26,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $26,750 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $24,500 and $24,000 levels. Bitcoin price is declining below $27,000 against the US Dollar. BTC might extend losses...
Read More »BitMEX Co-Founder Arthur Hayes Says BTC Bull Market Is in Progress
Hayes believes that it may take the market another six to 12 months to fully respond to the bull run. BitMEX co-founder and former CEO Arthur Hayes has shared an eye-opener about Bitcoin (BTC) that may have flown over the heads of many industry participants. According to him, BTC has been on a bull run for about six months or so. However, the market is yet to react, he added. Arthur Hayes Says Market Will Soon Respond to BTC Bull Run Sharing his thoughts in a keynote speech at the Korea...
Read More »OKX Set to Receive Hong Kong VASP License as It Enters Final Stage of Approval
According to an OKX exec, the exchange is in the final stage and has banks waiting on regulatory approval in the form of a license. Popular OKX crypto exchange is close to getting a virtual asset provider license (VASP) in Hong Kong and is in the final stage of the process. If all goes well, OKX should receive final approval for the license sometime in March 2024. OKX is currently engaging with banks and financial institutions that are waiting to kick off operations with the crypto...
Read More »London Stock Exchange Group Plans to Embrace Blockchain Technology for Operational Efficiency
Murray Roos clarified that the exploration of blockchain does not mean that the exchange is delving into cryptocurrencies like Bitcoin and Ethereum. The London Stock Exchange Group (LSEG), one of the oldest and most reputable stock exchanges in the world, is embarking on the integration of blockchain technology into its operations according to a report by Financial Times. London Stock Exchange Group and Its Interest in Blockchain The reputable exchange has been in operation for centuries,...
Read More »BTC Price Crashes Under $26,000 with SEC Delaying Decisions on Spot Bitcoin ETF
Bitcoin continues to show weakness as the BTC price can move towards $24,000-25,000 as it goes to test the 200-week EMA once again. On Thursday, August 31, the world’s largest cryptocurrency Bitcoin plummeted by more than 4.5% with its price slipping under $26,000, losing all the early week gains after the Grayscale court ruling. The selling pressure on BTC and its price comes as the US Securities and Exchange Commission (SEC) announced its decision to delay the approval of seven spot...
Read More »Bitwise Pulls Plug on Bitcoin and Ethereum Market Cap ETF Application
With the Bitwise ETF application gone, the crypto community is now awaiting the SEC’s decision on the remaining applications by WisdomTree, Invesco Galaxy, Valkyrie, VanEck, and Fidelity. In a surprising move, Bitwise, an asset management company based in San Francisco, has decided to withdraw its application for the Bitcoin (BTC) and Ethereum (ETH) Market Cap Weight Strategy Exchange-traded fund (ETF) filed with the United States Securities and Exchange Commission (SEC) last month. The...
Read More »US Judge Dismisses Class Action Suit against Uniswap
Aside from dismissing the case against Uniswap, the judge also classified popular cryptocurrencies Ether (ETH) and Bitcoin (BTC) as commodities. United States District Judge Katherine Polk Failla has dismissed with prejudice the class action suit against the decentralized exchange Uniswap. Recall that in April 2022, six former investors on Uniswap filed a suit against the exchange for allowing scam tokens on its platform. The individuals claimed to have bought scam tokens EthereumMax...
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