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2022-06-30 03:56:54+00:00
😱 COLOSSAL BTC DISCOUNT
📖 Rich Dad Poor Dad author Robert Kiyosaki says he’s planning on buying Bitcoin (BTC) at massively discounted prices.
✔ The widely followed investor tells his two million Twitter followers that the current Bitcoin bear market does not deter him from accumulating the leading crypto asset. Kiyosaki says he’s waiting for Bitcoin to crash nearly 95% from its current value of around $20,000.
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2022-06-29 02:30:00+00:00
📱AVAILABLE ON APPLE PAY
🍎 Crypto.com has recently announced about integrating Apple Pay into its application and website. Apple does not support the crypto payment directly but users of Crypto.com shall be given an option to make the in-app purchases.
✔ These purchases can be performed with the help of both credit and debit cards via Apple Pay. Through this new development, the exchange shall enhance and boost user experience.
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2022-06-28 02:26:28+00:00
♎ BALANCE 3-YEAR LOW
📉 While the cryptocurrency market capitalization remains below $1 trillion and most of its assets still struggle to return to their previous glory, some hope may be on the horizon, at least for the flagship digital asset — Bitcoin (BTC).
✔ Specifically, charts show that the balance of Bitcoin on crypto exchanges is the lowest it has been in years, indicating that more people are pulling the coin off them and ‘hodling,’ as well as suggesting that preparations are on the way for a future bullish run.
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2022-06-27 01:29:59+00:00
🤑 OVER 50% EXPERIENCED CRYPTO USERS
💷 The survey was conducted between March and April of this year among more than 35,000 people around the world.
✔ 51% of Latin American consumers have conducted at least one transaction with crypto assets, and over 33% of them have used stablecoins for everyday purchases, according to the latest survey conducted by digital payment giant Mastercard.
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2022-06-26 02:34:44+00:00
🏦 CELSIUS CONSIDERS BANKRUPTCY
😱 The crypto lending company of Celsius is reportedly considering filing for bankruptcy.
✔ According to a report by wall street journal, Celsius Network LLC has hired restructuring consultants from the advisory firm of Alvarez and Marsel to recommend a way toward a possible bankruptcy filing.
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2022-06-25 04:20:35+00:00
😲 HACKER EXPLOITS HARMONY BLOCKCHAIN BRIDGE, LOOTS $100M IN CRYPTO
💻 A hacker has exploited a vulnerability to steal $100 million from Harmony’s Horizon Bridge, which allows users to transfer their crypto assets from one blockchain to another.
✔ Harmony, the U.S. crypto startup behind Horizon, said in a blog post on Friday that it was notified of a “malicious attack” on its proprietary Horizon blockchain bridge on Thursday. Blockchain bridges, also known as cross-chain bridges, facilitate communication between different blockchains and allow users to send assets from one chain to the other. Using Harmony’s Horizon bridge, for example, users can move assets — including tokens, stablecoins, and NFTs — between Ethereum, Binance Smart Chain and Harmony blockchains.
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2022-06-24 02:11:50+00:00
💱 FEE WAR FOR EXCHANGES
🪙 The American arm of headquarter-less crypto exchange Binance now offers zero-fee trading on four Bitcoin spot market pairs and has plans to add other tokens to the no-fee list in the future.
✔ “Bitcoin was the original cryptocurrency, is the most widely known and recognized digital asset, has the largest market capitalization of any token, and has long been the first purchase of new entrants into the crypto ecosystem,” a Binance US spokesperson told Blockworks. “With this move, Binance US is unquestionably the best place for Bitcoin investors in the United States.”
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2022-06-23 01:17:57+00:00
🪙 DEMAND TO REGULATE CRYPTO
📉 In response to a market crash that has captured the attention of people all around the globe, cryptocurrency staking and lending may ultimately come under the jurisdiction of regulatory authorities alongside Bitcoin.
🇪🇺 During her appearance before the European Parliament on June 21 one week after cryptocurrency lender Celsius suspended all withdrawals, Christine Lagarde, president of the European Central Bank, became the first person to expressly demand greater oversight of the practice.
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2022-06-22 01:25:50+00:00
❄️ CRYPTO WINTER: FIRMS HALT MULTI-MILLION DOLLAR PARTNERSHIP DEALS WITH SPORTS BRANDS
🔽 Cryptocurrency market participants are now finding it increasingly difficult to ink new multi-million dollar partnership deals with top sports brands in the United States as compared to 2021, due to the ongoing crypto market downturn.
✔ Per sources close to the matter, Sam Bankman-Fried’s FTX cryptocurrency exchange recently pulled out of a deal to put its name on the jersey of the American Major League Baseball team, Los Angeles Angels.
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2022-06-21 01:42:10+00:00
🐻 BEAR MARKET CONCERNS
🇸🇻 El Salvador president Nayib Bukele said to stop looking at the graphs saying " If you have invested in BTC, your investment is safe and will grow".
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2022-06-20 02:16:42+00:00
😲 $1.1 TRILLION LOST
📉 Crypto has lost $1.1 trillion in
market capitalization in the last 77 days, the largest and fastest known loss in its history.
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2022-06-19 03:48:29+00:00
📉 ETHEREUM BELOW $1000
🔽 An early Saturday morning slide saw Ethereum slip below the key support level of $1,000, representing significant new lows in the already bearish crypto market, according to CoinMarketCap.
✔ Ethereum dropped precipitously from $1,076 to $986 in less than two hours.
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2022-06-18 06:49:37+00:00
💴 CRYPTO PLATFORM MATRIXPORT HIRES BIG-NAME COINBASE EXEC TO BUILD US BUSINESS
▶ Matrixport has landed a prized former Coinbase executive to lead the cryptocurrency investment platform’s US business, according to two sources familiar with the matter.
✔ Anthony DeMartino, a Wall Street veteran, most recently was head of risk strategies, institutional DeFi and derivatives trading at Coinbase. The lengthy title, one source who has done business with the exchange said, indicates DeMartino’s departure deals a “big blow.”
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2022-06-17 01:12:13+00:00
😱 TECHNICALLY OVERSOLD
🔽 Investment giant Fidelity says that Bitcoin dormancy flow chart "shows how technically oversold Bitcoins".
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2022-06-16 01:20:38+00:00
🏦 CRYPTOCURRENCY ‘BLOODBATH’ THREATENS MULTIBILLION-DOLLAR HEDGE FUND
🪙 The “bloodbath” in the cryptocurrency sector may claim another victim, with the co-founder of multibillion dollar hedge fund Three Arrows Capital using Twitter in an attempt to battle rumours that the company is insolvent following the market collapse.
✔ With a net asset value of $18bn (£14.9bn) in its last public statement, the Singapore-based hedge fund was known for taking large, highly leveraged stakes in crypto businesses and cryptocurrencies directly. It holds positions in cryptocurrencies including bitcoin, Ethereum and Solana, as well as equity investments in companies such as the BlockFi exchange and options trading platform Deribit.
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2022-06-15 04:10:20+00:00
🤝 PLANS TO BUY CRYPTO
🥶 The crypto winter seems scary, but according to a study by Bank of America, many people see it as an investment opportunity. Many investors are already talking about how long this crypto winter could last. Still, according to Bank of America, most retailers are waiting for the ideal time to buy cryptocurrencies as soon as this year.
✔ A survey of 1,000 people conducted in early June by Bank of America (BAC) found that 90% of respondents were preparing to buy cryptocurrencies within the next six months.
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2022-06-14 02:43:53+00:00
🔽 BITCOIN TUMBLES MOST IN 1 YEAR
📉 Bitcoin (BTC) suffered its largest price drop in a year as signs emerged that the steep correction in crypto markets is hurting big industry players and putting extreme stress on digital-asset projects.
✔ As of press time, bitcoin was changing hands around $23,200, down 16% over the past 24 hours. Ether (ETH), the native token of the Ethereum blockchain, slumped 18% to $1,222.
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2022-06-13 04:53:16+00:00
😢 WOEFUL TIMES LIE AHEAD
🔽 Growing concerns about the state of the global economy and investors’ risk-off sentiment continue to weigh on the Bitcoin price. The top cryptocurrency has already lost a lot of value in recent months, and expectations are that the worst is not yet over.
✔ Veteran value investor Mohnish Pabrai told CNBC that crypto investments will eventually crash to the “big zero”.
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2022-06-12 05:25:15+00:00
🇺🇸 U.S. TREASURY SECRETARY CAUTIONS AGAINST RISKY BITCOIN RETIREMENT SAVINGS
😨 Amid the crypto market correction, the United States Treasury Secretary Janet Yellen has advised against Bitcoin.
✔ Yellen warns against using Bitcoin as a retirement fund, calling it a risky move.
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2022-06-11 03:35:55+00:00
💶 CARADANO GROWING EXPONENTIALLY
📈 While the cryptocurrency market continues its bearish streak, the founder of Cardano (ADA) is not the least bit concerned as his platform prepares for a major upgrade, and he even sees a silver lining in the current situation.
✔ Indeed, Charles Hoskinson described the anticipated Cardano Vasil hardfork upgrade as “a basket of improvements related to the scalability side and also development experience,” in a video interview with Yahoo Finance Live published on June 9.
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2022-06-10 01:18:51+00:00
⚖ ISSUING STABLECOIN WITH RIPPLE
🇦🇺 Ripple customer Novatti Group based in Australia and founded in 2015 has spread the word that it is
building an Aussie-based stablecoin, AUDC, in collaboration with the Ripple fintech giant, planning to issue it on the XRP Ledger.
✔ Stellar and Ripple together will help spread the use of AUDC on their networks after the launch of instant cross-border payments.
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2022-06-09 04:01:10+00:00
🆕 CHAINLINK ANNOUNCES NEW ERA
💴 Chainlink announces a new era of sustainable growth and security — Chainlink Economics 2.0 —which begins with staking. The initial implementation for this era is planned for the second half of 2022.
✔ Chainlink staking aims to provide ecosystem actors, such as node operators and community members, with the option to back oracle services with staked LINK tokens, hence increasing security guarantees and user assurances. The ability of nodes to receive jobs and earn related feeswithin the Chainlink network is thus improved by staking LINK.
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2022-06-08 02:19:25+00:00
⚖️ USA TO INCORPORATE CRYPTO
🇺🇸 Senators Cynthia Lummis and Kirsten Gillibrand are ready to present a draft bill on crypto regulations to the U.S. senate.
✔ According to a report from Politico, this is a first-of-its-kind bill aimed at totally incorporating digital assets into the U.S. financial system.
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2022-06-07 03:30:24+00:00
📈 BTC's FIRST WEEKLY GREEN CANDLE SINCE MARCH
🔼 After nine consecutive weeks of closing lower than the previous one, Bitcoin finally managed to break this negative trend and marked its first green weekly candle since late March. This came as the asset jumped to and beyond $30,000 in the past 12 hours.
✔ It was at the end of March when the landscape around the primary cryptocurrency seemed significantly more bullish. At that point, Bitcoin had added over $10,000 in two weeks and looked primed to challenge the coveted $50,000 line. However, what followed was precisely the opposite.
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2022-06-06 02:11:45+00:00
📈 CARDANO RECEIVES INSTITUTIONAL INFLOWS
🔽 Cardano (ADA) is seeing inflows of funds from institutional investors as the demand for the network is on the rise following many upcoming releases and solutions, putting the ecosystem in one category with giants like Ethereum.
✔ The most interesting part of the report is not the existence of rising inflows, but the rate of reallocation of institutional funds. Ethereum and Solana are being actively drained as ADA gains more confidence among institutions.
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2022-06-05 02:12:46+00:00
🇯🇵 JAPANESE NEW STABLECOIN BILL PRIORITIZES INVESTORS' PROTECTION
🗾 Japan has taken its place as one of the first countries to institute a legal process around stablecoins. This aspect of crypto assets took center stage in global financial circles last month as a result of the collapse of Terra's ecosystem and its de-pegging from the US Dollar.
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2022-06-04 02:47:25+00:00
💪 CONSIDERING ACQUISITIONS
💶 Ripple CEO Brad Garlinghouse says that Ripple plans to consider acquiring other crypto projects in the future.
✔ Ripple has a very strong balance sheet.
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2022-06-03 00:44:40+00:00
🔽 SOL FALLS 77 % IN 2022
📉 Solana (SOL), the smart contract functionality blockchain also dubbed as 'Ethereum killer', has extended losses in 2022, with the network experiencing recurrent outages in recent months.
✔ Solana began 2022 trading at $173 but has since recorded a year-to-date (YTD) drop of about 77%, trading at $39 by press time. Notably, Solana's YTD plunge is double that of Bitcoin.
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2022-06-02 03:42:32+00:00
🔽 6M HOLDERS IN LOSS
📉Over six million bitcoin holders remain in loss despite flagship digital asset bitcoin climbing 10% in a week.
✔ Bitcoin is currently trading at $29844.
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