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” Bitcoin Lightning Network to be used in fiat transfers between EU and Africa “ The ongoing crypto winter is not stopping the industry from pushing for global adoption and accessibility. A new partnership between CoinCorner and Bitnob opens a way for users across continents to perform cross-border transactions involving multiple fiat currencies. Typically transfer…
” ‘Biggest week of the year’ — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts one of the most important macro weeks of the year in a precarious position below $17,000. After its latest weekly close, BTC/USD showed little upward momentum prior to the Dec. 12 Wall Street open. With volatility…
” Paxful CEO preaches Bitcoin self-custody, advises against crypto exchange “ The case for self-custody grows stronger as investors demand evidence of their assets over crypto exchanges. While some CEOs chose to double down on assuring the funds’ safety on their platforms, Ray Youssef, the CEO of crypto exchange Paxful, sided with the idea of…
” Arthur Hayes: Bitcoin bottomed as ‘everyone who could go bankrupt has gone bankrupt’ “ Arthur Hayes, the former CEO of crypto derivatives platform BitMEX, thinks the worst might be over for Bitcoin (BTC) this cycle as the “largest most irresponsible entities” have run out of BTC to sell. “Looking forward, pretty much everyone who…
” Crypto spam bots go silent while Musk promises to prosecute scammers “ Elon Musk’s latest salvo in his war against crypto spam bots on Twitter appears to have made a real impact, with the crypto community reporting a vast reduction in the number of responses on their posts from bots. In a Dec. 11…
” Bitcoin’s boring price action allows XMR, TON, TWT and AXS to gather strength “ The relief rally in the United States equities markets took a breather this week as all major averages closed in the red. Traders seem to have booked profits before the busy economic calendar next week. The S&P 500 index dropped…
” Binance’s proof-of-reserves raises red flags: Report “ Binance’s efforts to improve transparency of its reserves also exposed red flags in the crypto exchange’s finances, according to accounting and financial specialists consulted by The Wall Street Journal. As noted by a former Financial Accounting Standards Board (FASB) member and investment manager, the report released by…
” 5 tips for investing during a global recession “ The economy is facing an outlook bleaker than a Welsh weather forecast, and few are rushing to buy risk assets. Here are a few tips for weathering unfavorable market conditions. Option #1: Save cash There’s no shame in sitting on the sidelines and saving cash…
” Bitcoin price liquidation risk increases as BTC struggles to reclaim $18K “ Bitcoin (BTC) price had a mixed reaction on Dec. 9 after the November report on United States producer prices showed a 7.4% increase versus 2021. The data suggested that wholesale costs continued to rise and inflation may last longer than investors had…
” What is spot trading in crypto and how does it work? “ Since their inception, cryptocurrencies have seen rapid growth and widespread market adoption, as evidenced by the assets tied to crypto assets that have started to appear in the portfolios and trading methods of numerous asset managers. The process of purchasing and selling…