Crypto Team Build
Market Wrap: Cryptos Rise in an Eventful Week; Bitcoin Hovers Over $21K, Ether Soars
James Rubin is CoinDesk’s U.S. news editor based on the West Coast. Glenn C Williams Jr, CMT is a Crypto Markets Analyst with an initial background in traditional finance. His experience includes research and analysis of individual cryptocurrencies, defi protocols, and crypto-based funds. He owns BTC, ETH, UNI, DOT, MATIC, and AVAX Crypto investors liked the tone of the latest jobs report and other economic indicators this week, sending bitcoin to a seven-week high and other cryptos well into the green. The largest cryptocurrency by market value was recently still around $21,000, up about 4% for the last 24 hours […]
Bitcoin To Face A Major Price Drop By Next Week! Analyst Maps Potential Bottom Levels For BTC Price
Cryptocurrency The last month brought a bullish recovery for several cryptocurrencies, including Bitcoin, as it held its price in positive territory by gaining 5.89% in its value. However, the Federal Reserve’s decision to increase interest rate by 75 basis points to control inflation ignited a fresh bearish start for BTC price by the beginning of November. Several traders and investors are now wondering about Bitcoin’s future price movement amid negative market sentiments. Cryptocurrency Bitcoin Reaches The Final Resistance Zone! As November begins, crypto analysts and strategists around the space have become busy giving their opinions and predictions on the future […]
Bitcoin Collapse is Imminent, Warns Crypto Analyst – BTC Price Heading Towards New Lows
Major cryptocurrencies entered positive territory early on November 5 due to the continued existence of a market worth of more than $1 trillion for cryptocurrencies. After the descending triangle pattern’s bullish breakout on November 5, the price of bitcoin showed a bullish trend. The technical picture indicates that there is still room for more gains for BTC, which is currently up more than 3% to $21,342. However, the Bitcoin bulls are being warned by the crypto analyst who correctly predicted this year’s crypto bloodbath. According to pseudonymous crypto analyst Capo, BTC is currently attempting to chase as many bulls as […]
SEC Charges Trade Coin Club Founding Members With Operating a $295-Million Ponzi Scheme
Cryptocurrency Cameron Thompson is a news reporter at CoinDesk. The Securities and Exchange Commission (SEC) said Friday that it’s charging the founding members of a multi-level marketing organization with operating a $295 million crypto Ponzi scheme. The SEC is charging Douver Torres Braga, Joff Paradise, Keleionalani Akana Taylor and Jonathan Tetreault for their involvement in Trade Coin Club, which raised over 80,000 bitcoin (BTC) from over 100,000 investors. Braga, who founded the firm, allegedly deceived investors by telling them they could generate daily returns of 0.35% on their crypto through a bot, but instead used these funds to compensate himself, […]
Bitcoin supera los US$21K a pesar del inesperado informe de empleo de EE. UU.
Bitcoin superó los US$21.000 por primera vez en nueve días luego de que el informe de empleo de octubre en los Estados Unidos resultara mejor de lo previsto y mostrara que el mercado laboral continúa sorprendentemente sólido a pesar de la presión de la Reserva Federal (Fed, por sus siglas en inglés) para enfriar la economía. Read this article in English. El precio de bitcoin (BTC) subió hasta US$21.287 en las últimas 24 horas y logró alcanzar un valor máximo desde el 13 de septiembre. Al momento de publicación, la criptomoneda más importante por capitalización de mercado cotizaba alrededor de […]
Litecoin Price Prediction 2022-2025: This May Be When LTC Price May Hit $500
Bitcoin Litecoin (LTC), one of the oldest and most primitive cryptocurrencies after Bitcoin has maintained a notable bearish trend for a long time. Despite being a ‘Lite version of Bitcoin’ LTC price failed to grab the attention of the market participants and hence continues to trade within narrow ranges. Meanwhile, a couple of surges recorded by the crypto in recent times have intensified its presence in the market. Moreover, the popular asset is expected to kick-start a bull run very soon. Will Litecoin’s price ever reach $1000 in the upcoming years? Is it a good time to buy LTC crypto? […]
Bitcoin Mining Host Compute North Paid Executives $3M on the Day It Declared Bankruptcy
Eliza Gkritsi is CoinDesk’s crypto mining reporter based in Asia. Executives at Compute North, which provides data centers where bitcoin (BTC) miners can host their machines, received about $3 million in payroll and bonuses on the same day the company filed for bankruptcy, a court filing shows. Compute North filed for Chapter 11 on Sept. 22, succumbing to the rout in cryptocurrency prices and rising electricity costs. But even as that bankruptcy filing put a freeze on payments to creditors, executives received large payouts. The company paid co-founder and former CEO Dave Perrill $613,000 for payroll and benefits, according to […]