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Cryptocurrency News

Location American Cryptocurrency News for 8 July 2022
Bitcoin price surges to $21.8K, but analysts warn that the move could be a fakeout Traders rejoice after BTC price spikes 7% to $21,800, but analysts say the macro downtrend is likely to prevail for the foreseeable future.
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This 'biblical' Bitcoin pattern suggests BTC price can rise 30% by October Bitcoin's price chart has a target of $28,000 based on a classic, bullish technical pattern.
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Moscow Exchange Should Launch a Crypto Trading Platform, Says Top Russian Politician The chief architect of Russia's crypto legislation has argued that the Moscow Exchange (MOEX) should develop a crypto trading arm - albeit one that operates under the strict purview of the country's Central Bank. Per the...
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IMF: Global Economic Outlook Has 'Darkened Significantly' -- Global Recession Cannot Be Ruled Out The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economic outlook “has darkened significantly,” emphasizing that, regarding a global recession, “we cannot rule it ...
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2 key Ethereum derivatives metrics suggest that $880 was ETH's bottom Data shows Ethereum options traders are less bearish that before, and margin-based markets recently saw some investors go ultra-long on 491,000 ETH.
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5 events that could put an end to the current crypto bear market Crypto bear markets are rough, but there are five moonshot events that could turn the ship around.
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Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholder...
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Bitcoin Outperforms Gold by Wide Margin After Strong Week Bitcoin (BTC) finally outperformed gold by a wide margin this week, after a long period where gold has performed significantly better than its digital cousin. The outperformance of gold by bitcoin came during what has be...
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Price analysis 7/8: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX Bitcoin and select major altcoins have risen from their recent lows, signaling an increase in volatility in the near term.
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Bitcoin Price Outlook for July -- Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms During the first week of July, bitcoin prices have risen to their highest level since mid-June, coming as U.S. Non-Farm Payrolls handsomely beat expectations. However, as we head into the remaining weeks of the month, qu...
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Are You Looking for a Different Launchpad? TAFLaunch Is Coming Soon PRESS RELEASE. Launchpads have gained immense popularity among crypto-enthusiasts in the DeFi space. They give crypto strategists access to early rounds of IDO’s and ICO’s, enabling people to invest in the promising ...
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What are Pools and Farms of DeFi Protocols?

Crypto News - 8 Jul 2022 19:00
What are Pools and Farms of DeFi Protocols? Olga Ortega, the co-founder and CPO of the real-time DeFi explorer AnalytEx by HashEx._______ Currently, there are many decentralized protocols and their use cases, and not everyone is well-versed in the terminology of D...
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Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power to Lancium’s ...
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Blockchain.com's USD 270M Exposure to Three Arrows Capital + More News Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. __________...
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Analysts Discuss 'Inherent Resilience' in Bitcoin & Crypto as Rally Fades Major cryptoassets gave back some of their previous gains in early European trading on Friday after a strong overnight session that briefly sent bitcoin (BTC) above the USD 22,000 mark, helped by improving risk sentiment...
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Spanish Exchange 2gether Blocks Operations, Affecting 100,000 Users 2gether, one of the oldest cryptocurrency exchanges in Spain, has suddenly blocked its operations, leaving its users without access to their accounts. The platform informed it had to take this action due to the current s...
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Compass Mining retrenches 15% of staff, execs to take major pay-cuts Compass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn.
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Mind games: Bitcoin education at an escape room in Lebanon At a Bitcoin-themed escape room in Lebanon's capital Beirut, it's all fun and games until you take the orange pill.
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Bitcoin, Ethereum Technical Analysis: BTC Surges Above $22,000 Ahead of NFP Report Ahead of the latest nonfarm payrolls report, bitcoin rose to a multi-week high above $22,000 on Friday. The token climbed to its highest level in over three weeks, whilst ETH also rallied, rising above $1,200 for the fir...
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Bitcoin's USD 22,000 Test Fails, Ethereum Consolidating, MATIC Holding Gains Bitcoin price started a major increase above the USD 21,500 resistance zone. BTC even tested the USD 22,500 resistance before there was a downside correction. It is currently (11:49 UTC) trading around USD 21,600 and mig...
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Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The agency alleges that Fl...
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EU-regulated firm Banking Circle adopts USDC stablecoin Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking.
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