Blockchain

According to the governor of India's central bank, cryptocurrency could cause the next financial disaster

According to the governor of India’s central bank, cryptocurrency could cause the next financial disaster

The Governor of the Reserve Bank of India, Shaktikanta Das, has issued a warning that the next financial crisis could be caused by cryptocurrency if it is both regulated and allowed to expand. When asked about the cryptocurrency industry at a recent conference, Shaktikanta Das, the governor of the Reserve Bank of India (RBI), did …

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Twitter's search tool now includes price indexes for Bitcoin and Ethereum.

Twitter’s search tool now includes price indexes for Bitcoin and Ethereum.

A price chart is accessible on Twitter by searching for terms such as “$Bitcoin,” “Bitcoin price,” and “BTC price.” Equivalent searches for Ethereum are also successful. Twitter, a social media network, has introduced a new cryptocurrency feature that allows users to search for the price of cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) simply …

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Bitcoin in 2023: Will it fall to $10,000 or will it soar to $250,000?

You have reached the 2023 Outlook Series presented by Kitco News. The financial markets continue to be plagued by uncertainty, which is made worse by the fact that monetary policies implemented by central banks are driving the world economy into a recession in an effort to reduce inflation. Keep up with Kitco News so you …

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What does the future hold for cryptocurrencies after the FTX?

According to the opinions of several experts, cryptocurrencies have primarily been used as a speculative investment that was successful so long as there were still dollars in circulation. In the early morning hours of November 11, John Jay Ray III assumed control of the defunct cryptocurrency exchange known as FTX. During a US House Hearing …

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Brazilian president passes crypto bill into legislation

Brazilian president passes crypto bill into legislation

The law established a licencing system for virtual asset service providers and included a variety of digital currencies inside the definition of lawful payment methods in Brazil. The president of Brazil, Jair Bolsonaro, whose term ends on December 31, has signed a bill that makes it possible to use cryptocurrencies like bitcoin and ethereum as …

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The year 2022 marked the end for 1,000 different cryptocurrency tokens

The year 2022 marked the end for 1,000 different cryptocurrency tokens.

According to Statista, the current bear market has caused the number of active tokens to drop by about a thousand, which is the worst annual loss ever recorded for a single year. This phenomenon gives the impression that the world of cryptocurrencies has gone on a major diet. The number of active cryptocurrencies has dropped …

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Why Ethereum Price down today

Why is the price of Ethereum (ETH) dropping today?

The price of Ethereum is currently lower, and an increasing number of potential obstacles may continue to put downward pressure on ETH pricing for the foreseeable future. The price of ether is falling on December 16, 2018, and the pre-FOMC surge that took it to $1,350 was completely wiped out. This occurred when the chair …

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The whole crypto market cap has taken another hit, yet investor sentiment has not changed.

The whole crypto market cap has taken another hit, yet investor sentiment has not changed.

Despite the fact that traders are actively adding to both their long and short positions, the total market capitalization of cryptocurrencies is in danger of slipping below $825 billion. After failing to break through the $880 billion hurdle on December 14, the total market capitalization of cryptocurrencies has experienced a decline of 8.1% over the …

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Overnight, $117 Million Was Liquidated as Bitcoin and Ethereum Lost Their Post-CPI Gains

Overnight, $117 Million Was Liquidated as Bitcoin and Ethereum Lost Their Post-CPI Gains

Bitcoin and Ethereum have both experienced wild price swings this week. After climbing higher in response to upbeat CPI data, both cryptocurrencies saw their gains wiped away overnight. Both Bitcoin and Ethereum have suddenly relinquished all of their recent gains made in response to the upbeat CPI report released this week. According to CoinGecko, Bitcoin’s …

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Bitcoin and Ethereum both lost some of their recent gains, but has anything significant transpired?

Bitcoin and Ethereum both lost some of their recent gains, but has anything significant transpired?

The bullish momentum that had been building in the cryptocurrency market died down as Fed Chair Powell dashed investors’ hopes that a favourable CPI report would initiate a trend change. However, higher time frames continue to be attractive. This week, cryptocurrency markets gave investors a nice head fake by rallying into resistance on a “positive” …

Bitcoin and Ethereum both lost some of their recent gains, but has anything significant transpired? Read More »