Sun, December 04, 2022

Crypto trading

cryptocurrency

Telegram Making an Independent Cryptocurrency Exchange?

An independent cryptocurrency exchange is being created by Telegram Telegram’s CEO, Pavel Durov, has declared that the messaging service is firmly going toward cryptocurrency encryption. His suggestion in this regard should, in particular, result in the opening of a non-custodian wallet.  Also a decentralized crypto exchange. Durov’s declaration was given to Twitter and doesn’t seem …

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Coinbase

Coinbase is not supporting some of the crypto currencies anymore?

Coinbase is not supporting some of the crypto currencies anymore? A DApp browser and standalone program that you alone can use is called Coinbase Wallet. It makes sure that only your device, not a centralized server, is allowed to possess your private keys. A cryptocurrency wallet is Coinbase Wallet, whereas Coinbase is a cryptocurrency exchange. …

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Bitcoin

Bitcoin Recently Reclaimed $17,000?

The Main Reason Bitcoin Recently Reclaimed $17,000 By market capitalization, Bitcoin, the most valuable cryptocurrency, has risen to a two-week high of $17,010 on the Bitstamp exchange. This is good news. The largest cryptocurrency by market capitalization increased by almost 4% in the previous day. The most recently price increased just before Federal Reserve Chair …

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China sees growth in consumer spending

How Are China’s COVID Restrictions Controlling the Market?

As investors rushed to the haven dollar on Tuesday due to concerns over China’s COVID flare-ups, the dollar stabilized after rising the previous day. Bitcoin, however, came under pressure due to worry about new contagion following the bankruptcy of cryptocurrency exchange FTX. The dollar was at 141.86 yen, down 0.18% after a 1.2% gain; the …

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Ada

Why Did ADA Lose 6.18% in Only 24 Hours?

Over the past 24 hours, all cryptocurrency values have significantly decreased. According to data, ADA is presently trading at around $0.3065. On the daily chart of ADA, technical indications point to increasing negative momentum. According to the cryptocurrency market tracking websites, prices in the cryptocurrency market have significantly decreased during the previous 24 hours. During …

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Next for the metaverse: Not just for kids

Lack of Internal Controls Contributing to FTX Downfall

FTX’s New CEO in A Court Filing Indicated He Has No Confidence in Financial Statements Current management is racing to establish how much money FTX has today, according to the company’s new CEO. He claimed that inadequate controls over the company’s billions of cash and cryptocurrency assets under Sam Bankman-Fried had left current management in …

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Bitcoin

$600Million in Bitcoin Tickets May Expire Soon

On Friday, $600M in Bitcoin options expire, providing bears justification to price BTC beneath $16K. For Friday’s $600M BTC options expiry, bears are better positioned, but bulls might turn the tables if Bitcoin prices rise beyond $18,000. Nobody is to blame for Bitcoin. Bulls for putting $20,000 or more wagers on the November 18 expiration …

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Cryptocurrency

Where Did Trezor’s 300% Revenue Rise Come From?

Due to FTX infection, Trezor estimates a 300% increase in sales revenue. The manufacturer of hardware wallets is confident that the most recent demand increase is due to investors reclaiming their money following the FTX debacle. Investors are increasingly switching to hardware bitcoin wallets as worries about centralized cryptocurrency exchanges mount in the aftermath of …

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Bitcoin price decrease

The FTX Hack Leads to Crypto Collapse

During the weekend, crypto industry got “dirty” when FTX and its US subsidiary FTX US were hacked. Hundreds of millions of dollars were stolen from the exchange’s wallets. After sending $405 million to the wrong recipient, crypto exchange Crypto.com has come under fire. This alarmed crypto enthusiasts as the whirlwind of this week’s collapse of …

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Dollar

The Dollar Edges Higher in Fear of a Rising Inflation

After Governor Christopher Waller stated that the Federal Reserve was not weakening its fight against inflation, the U.S. dollar stabilized on Monday amid dwindling expectations of a less aggressive interest rate hike. The dollar was under pressure after a slight understatement of U.S. inflation on Thursday; it lost about 4% of its value in one …

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