99 bitcoins

2022-06-18 11:34:14 Good morning!

And we've got bitcoin below $20,000. Открыть/Комментировать

2022-06-17 17:03:00 Opinion from Peter Schiff on further bitcoin decline

The president of Euro Pacific Capital (that's Peter Schiff) drew the public's attention by pointing out that the long-term support level is around $5,000.

"Even if you think bitcoin will eventually trade higher, it's hard to imagine that it won't test long-term support at the bottom line first. I think it will fail the test. In any case, it's better to sell now and buy cheaper," was Schiff's opinion.

It's worth noting that he often talks about the inevitability of a serious decline.

And in general, he can be called a bitcoin-skeptic and a supporter of gold. But he does not deny the possible growth of bitcoin up to hundreds of thousands of dollars Открыть/Комментировать

2022-06-17 14:03:00 Cryptocurrency fear index hits March 2020 marks

Such a graph indicating the level of panic in the crypto market.
Naturally, there is a similar concept in the conventional stock market as well.

So, according to the observations of Arcane Research analysts, the index has been "in the fear zone" for 56 days, which is a record.
And the boundary it has reached (eight points) is equivalent to the fear that took place in March 2020 - at the time bitcoin was worth $3800. As of this writing, the fear is already at seven points

Now, there is significant open interest in bitcoin options around the $20000 mark. Открыть/Комментировать

2022-06-16 21:03:01 Interesting story with Celsius Network (CEL)

This cryptolending platform sensationalized that Celsius suspended withdrawals, exchanges and transfers between accounts "due to extreme market conditions" on June 13.
And on this background, the price collapsed from $0.475 to $0.09.

So, CEL increased by 92.4% over the day, having already surpassed its "pre-dollar price". The corrections are at $0.65.
And while the growth continues, even though everything may start to develop in a completely opposite way. Открыть/Комментировать

2022-06-16 17:03:00 Binance gives users the ability to pay for cabs with cryptocurrency

Binance has entered into an agreement with superapplication API provider Splyt. The partnership will allow exchange users to pay for a number of services in cryptocurrencies.
Everything will be paid through Binance Pay without downloading a third-party mobile app.

As stated by Binance, they are the first exchange that gives such an opportunity.

In addition to ordering a cab, users will have some other services (e.g., bike rental). Открыть/Комментировать

2022-06-16 14:03:00 The UAE has begun harassing crypto guys - individuals and entities, who illegally engage in crypto-payments or promote virtual currencies unlicensed in the country, will receive jail terms or fines up to $136,000 (or two penalties simultaneously). Открыть/Комментировать

2022-06-15 21:03:00 Funny coincidence: Binance reported expansion and Coinbase reported staff cuts

The former exchange announced plans to expand its staff by 2,000 for development, marketing and business development departments. At the same time, Coinbase will cut staff by about 18% because of the onset of "crypto winter."

"It’s not the first time we’ve gone through a crypto winter. If we are in a crypto winter, it would be my third and Binance's second. So it's not the first time we’ve been through this," Changpeng Zhao, CEO of the Binance exchange, said at the Consensus 2022 conference.

Co-founder and CEO of Coinbase Brian Armstrong is less optimistic in his predictions, "The broader market downturn means that we need to be more mindful of costs as we head into a potential recession."

One event, different approaches. Let's see who was right Открыть/Комментировать

2022-06-15 17:03:00 Ledger has shared a preview of their own Ledger Op3n event, due to take place in New York next week

By the way, this gorgeous illustration was created by a popular NFT artist under the pseudonym FVCKRENDER - he has over 175 thousand followers on Twitter.

Such mass events dedicated to NFT and cryptocurrencies already seem to be commonplace, although only recently it was more of a rarity.

Undoubtedly, the positive dynamics Открыть/Комментировать

2022-06-15 14:03:00 While the market is in the blood, we can remember an interesting fact: 12 years ago Gavin Andresen launched the legendary Bitcoin faucet, where users could earn up to 5 BTC per day just for solving captcha - it is reported that during its existence the service gave away 19,700 BTC (coins were donated by Andresen himself and some other whales).

Gavin Andresen played an important role in the development of BTC - he was the main developer of the software for the first cryptocurrency development plans, joining the core team in 2012 after Satoshi Nakamoto announced his departure from the project. Открыть/Комментировать

2022-06-14 21:03:00 Shares of cryptocurrency companies collapsed even deeper

Bitcoin has lost 13.3% in the past 24 hours. The price of digital gold has fallen below $24,000 and is trading just above $23,000.

At the opening of the U.S. trading session, MicroStrategy shares were down 25.24%, Coinbase down 13.5% and Silvergate Capital down 14%.

Miners were also in the red zone:
- Marathon Digital shares fell 12.33%;
- Riot Blockchain, down 10.46%;
- Core Scientific, down 12.45%;
- Bitfarms, down 9.43%;
- Bit Digital, up 8.8%;
- Argo Blockchain, up 16.64%;
- Hut 8 Mining and Hive Blockchain lost 10% and 9.6%, respectively. Открыть/Комментировать