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The post đ´ Extreme Fear Hits Crypto | This Week in Crypto â Apr 18, 2022 appeared first on 99 Bitcoins.
ďťżThe NFT craze is fading, North Korea seems to be behind the Axie Infinity hack …
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The Dow Jones Industrial Average and the broader US stock market are having the time of their lives even as the US-China trade war keeps raging on and key economic indicators move in the wrong direction. The Dow now sits comfortably above the 27,000 point mark, having gained over 10% since the beginning of June. […]
The post Dow Uber-Bulls Fantasize About 28,000 – Here’s Why Bears Fear a Slump appeared first on CCN Markets
Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $ 9,650 and then back to a high of $ 13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most of the top 20 cryptocurrencies have seen losses of between 5-20%.
Also Read: Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque
By CCN Markets: The bitcoin price rally refuses to let up, and the dominant cryptocurrency just soared above $ 11,000 for the first time since March 2018. Bitcoin Price Rushes to 15-Month High Around 12:00 UTC, investors bid the bitcoin price up to $ 11,215.89 on US cryptocurrency exchange Coinbase. The move pushed the asset up by 13 percent for the day, launching its month-to-date gains above 30 percent. The past 24 hours also saw bitcoin’s “real 10” volume, which eliminates suspicious trades, swell to $ 2.58 billion. Following the upside move, the bitcoin price is now trading just 45 percent lower than
By CCN Markets: An exposĂŠ published at TheVerge.com revealed at least one Facebook moderation center is akin to a third world sweatshop. This should come as no surprise given what we already know about Facebook’s company culture. Facebook Whistleblowers Step Forward Facebook outsources moderation services to Cognizant, a publicly-held $ 35 billion firm that apparently does not care about its work conditions. Three anonymous Facebook contractors breached their non-disclose agreements to inform TheVerge about the conditions. They include death of one worker via heart attack, filthy conditions at workstations and bathrooms, bedbug infestation, sexual harassment, verbal and physical altercations, frequent marijuana
By CCN.com: For years, the cryptocurrency market has been buffeted with projections and predictions of doom. We are constantly told that any day now, bitcoin and all its progeny will collapse into the nothingness from whence they came, or something to that effect. These statements and pronouncements have even been famously compiled into a live
The post Please Don’t Hurt Us! BIS Report Proves Central Bankers Fear Bitcoin appeared first on CCN
By CCN.com: Horizon Investments Chief Global Strategist Greg Valliere has described congressional rookie Rep. Alexandria Ocasio-Cortez (D-NY) as a very real concern for the stock market because of her perceived willingness to put the financial industry’s nose to the grindstone as part of her political strategy. Horizon Investments: Watch Out for Ocasio-Cortez Speaking to Yahoo
The post Why Wall Street Should Fear the Rise of Alexandria Ocasio-Cortez appeared first on CCN
A new report on the UK banking industry has identified Fintech startups as a key potential disruptor in the eyes of the industry’s biggest participants. The recently released MoneyLive Banking Report compiled by Marketforce LIVE concluded that Britain’s banking space sees such startups as a “significant threat” to their business models, after consulting with 600 prominent figures
The post Fear of a Fintech Future: UK Bankers Afraid of Disruption appeared first on CCN
Calls for regulation do not represent the end of cryptocurrency innovation; they signal blockchainâs ongoing maturation, a legal expert argues.
CoinDesk
Mistrust of politicians is nothing new, but the perception that bitcoin and other crypto tokens are unregulated has heightened the suspicions of eligible USÂ voters. According to a survey conducted by blockchain research firm Clovr, 64 percent of respondents across the US political landscape were fearful of politicians coming up with ways to illegally take advantage
The post Swamp not Drained? 64% of US Voters Fear Politicians Will Misuse Crypto Donations appeared first on CCN
It does seem like investors have been losing interest in Bitcoin (BTC). The search volume for Bitcoin (BTC) and cryptocurrencies have been on a constant decline since the beginning of the correction. This has convinced many in the crypto community that investors have lost interest for now and that it will probably take a long time for money to return back to the market. All of this sounds reasonable when you consider how the average mainstream investor would react.
Cryptocurrency foundations, community organizations, and entrepreneurs have helped put the lightly populated Swiss canton of Zug on the business world’s map. While the local administration has created one of the most welcoming environments for the industry, some voices fear possible negative repercussions such as bad press and an American regulatory backlash.
Also Read: Survey Says 8% of the American Population Now Own Cryptocurrency
