Cryptocurrency

A bitcoin ATM is seen during the 2022 Bitcoin Conference in Miami Beach, Florida, April 6, 2022.  REUTERS/Marco Bello

‘We find out who’s wearing it,’ says strategist

Crypto assets rebounded slightly on Tuesday, but did little to reverse the losses of a tumultuous first half of the month for crypto investors. Last week, the crypto world was rocked after stablecoin Terra (LUNA1-USD) split from the dollar, seeing its value drop below 0.10 cents per coin. The event was considered particularly significant as …

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Dahab Alealam: Major Muslim crypto asset set to launch Open Token Sale

Dahab Alealam: Major Muslim crypto asset set to launch Open Token Sale

In the Muslim world, the crypto economy is strengthening its foundations. Arab News announced in early May 2022 that Bitcoin is being used as a means of payment by Emirates, a major airline. Cryptocurrencies are no longer perceived as haram for Muslims. And some projects are creating huge ecosystems of cryptocurrencies that are only halal. …

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Analysts mark Bitcoin price levels to watch after LFG sells 80K BTC

Analysts mark Bitcoin price levels to watch after LFG sells 80K BTC

The latest analysis warns that Bitcoin (BTC) should hold current levels and attempt to retrace higher levels to avoid a collapse in the $20,000 range. BTC/USD 1-hour candlestick chart (Bitstamp). Source: TradingView $20,000 coming? Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD still failed to consolidate $30,000 as support at the May 16 …

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CBDC activity heats up, but few projects move beyond the pilot stage

CBDC activity heats up, but few projects move beyond the pilot stage

The government-issued electronic currency seems like an idea whose time has come. “More than half of the world’s central banks are now developing or conducting concrete experiments on digital currencies,” the Bank for International Settlements, or BIS, said in early May. The BIS also found that nine out of ten central banks are researching central …

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Tron DAO Reserve Takes Millions of TRX, Bitcoin, and Tether to Protect USDD

Tron DAO Reserve Takes Millions of TRX, Bitcoin and Tether to Protect USDD – Bitcoin News

Seven days ago, Bitcoin.com News reported that the Tron DAO Reserve has purchased $38 million of tron ​​to protect the network’s stablecoin USDD. Since then, and since the terrausd (UST) de-pegging incident, the Tron DAO Reserve has continued to purchase large volumes of digital assets to supplement the project’s reserves. In addition to tron ​​purchases, …

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Biden 'Confirms' Fed 'Shock Therapy' - Why $1 Trillion Bitcoin, Ethereum, and Crypto Price Drop Could Be Just Beginning

Biden ‘Confirms’ Fed ‘Shock Therapy’ – Why $1 Trillion Bitcoin, Ethereum, and Crypto Price Drop Could Be Just Beginning

bitcoin BTC and crypto prices have been hit by a massive sell-off this month, wiping nearly $1 trillion from the crypto market since the beginning of April – yet Elon Musk has surprised some by announcing his continued support. Subscriber Now Forbes’ CryptoAsset and Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market …

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Open Letter to a Friend Suspecting Bitcoin on Wall Street

Open Letter to a Friend Suspecting Bitcoin on Wall Street

Dear Wall Street friend, I am writing this letter because I like you. I know we have differences, especially in the way we look at financial institutions that dominated the last century of history, but I understand where it comes from. You are a smart and communicative person, banks and managers have identified your potential, …

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