There are news going on fb and other social media platforms that more than 50% of the transactions on the #bitcoin blockchain are fake.
I urge to all the investors that these reports are not true and are made up to discourage investors. The reason for the fall in the price of $BTC and other #crypto markets is this.
Please do not withdraw your investments as I believe that after “The Merge”, these people circulating the fake news about #bitcoin will cash on the rising prices.
#HODL your #crypto wallets.
Bitcoin climbs to highest price since mid-June
Bitcoin continued its rally on Thursday, breaking $24,600 and reaching its highest point since June 13. The world's largest cryptocurrency is currently up 21.77% in a month. Ether jumped to fresh highs as well and regained its early June highs, soaring 64.78% in a month.
Bitcoin traded 2.87% higher at 3:30 am ET, selling for $24,648. Ether was up 2.28% and went for $1,897.42 at the same time.
ED searches the Director of WazirX Crypto-Currency Exchange & freezes its bank assets worth Rs 64.67 Crores for assisting accused Instant Loan APP Companies in the laundering of fraud money via purchase & transfer of virtual crypto assets https://t.co/ABuvxbTBcT
There are lot of questions floating around the Internet and some are the predictions that #bitcoin will again do bear run to reach new lows such as $10k. But some are thinking positively that it will neither go #BearRun or #BullRun but it will continue to hold on to it’s current support price of $20k and it will steadily increase as the altcoins are also now investing in #bitcoin to help the #crypto market survive this winter.
I urge all the positive thinking #crypto investors to not feel disheartened and discouraged to all those questions floating around the internet coz they are all there to test our commitment. We must think POSITIVE.
Cryptocurrencies jump after Fed hikes rates
Major cryptocurrencies, including Bitcoin, jumped on Wednesday after the Federal Reserve announced another rate hike.
The US central bank decided to raise the target range for the federal funds rate by 75 basis points to between 2.25% and 2.5% and hinted it intends to continue hiking rates to tackle high inflation.
Bitcoin climbed 4.08% to sell for $22,102.689 at 2:31 pm ET and Ether surged 6.29% to $1,540.288 at the same time.
💡 Why Crypto’s falling 💡
The Cryptocurrency market cap stood at more than USD 3 Trillion in November 2021, since then it has lost more than USD 2 Trillion and the current market cap is around USD 977 Bn. Let’s look into the triggers for the fall
• Primary reason is the increase in inflation all over the world lead to an increase in the interest rate hike by the central banks resulting in a monetary tightening spree, which is sucking out liquidity in the market
• The equity markets started falling due to inflation and interest rate hikes. Equity market impact was also one of the causes of the cryptocurrency fall
• When it comes to India, one of the reasons would be the taxation levied on cryptocurrency during the Budget FY23. The 1% TDS had an impact on the trading volume in India
#crypto #bitcoin #MacroEconomy
Binance has announced Zero Spot Trading Fee for #bitcoin with selected pairs. Some of the pairs are BTC/BUSD BTC/USDT BTC/USDC ETC. Kindly head to binance to profit from this.
The announcement has already started its GREEN colours.
Cryptos extend losses, Bitcoin sinks over 5%
The cryptocurrency market experienced a new sell-off on Thursday, with Bitcoin nearing $19,000 as investors continued to share concerns related to macroeconomic issues that have been hurting crypto companies.
Inflation figures across the western world remained the biggest challenge for monetary authorities, which increased the pace of interest rate hikes in an effort to curb soaring consumer prices.
In the last 24 hours, Bitcoin plunged by 5.46% to sell for $19,095 at 5:52 am ET, while Ether sank 9.53% to $1,024. Bitcoin lost nearly 60% of its value since the start of the year, while Ether saw losses of over 70%.
Bitcoin, Ether down over 3%
The price of major cryptocurrencies dropped on Thursday, with Bitcoin falling over 3%. Recent economic data reports pointed to continued uncertainty surrounding recovery and inflation, with the United States economy contracting more than previously estimated. German inflation slowed down slightly in June, while French prices rose more than anticipated.
Bitcoin dipped 3.41% at 3:34 am ET and sold for $19,405, recording a 38.81% fall in a month. Ether plunged 3.87% a minute later and went for $1,056.8, having shed 47.19% in a month.
Crypto Firm Three Arrows Capital Becomes First Meltdown Casuality: Report
Crypto hedge fund Three Arrows Capital (3AC) has entered liquidation, a person familiar with the matter told Reuters on Wednesday, in the latest sign of the market downturn hurting the crypto...
LUNC or LUNA (old) has been showing some improvements. Recently it has deleted one zero.
If you have also lost money on the token and have kept your fingers crossed then I would say, keep them crossed.
Keep close eye on LUNC.
I seriously hope that this week ends the #crypto hinter and absorbs the heat of the summers.
$SHIB showed signs of such heat but then again it starting to shed some profits with the start of this week.
I suggest don't loose hope as I believe in #crypto whales once they adjust all their losses in recent #bitcoin disaster.
Look out for SHIB, ADA, TRX, MC, RUNE, ATOM this week.
#bitcoin bottom in as per pseudonymous analyst Dave the Wave.
Read the detailed article here
Happy Holidays and warm wishes for 2022!
The markets are dancing around $20000 for #bitcoin and $1000 for etherium though the market for $BNB is showing some improvement by remaining in green at around $220 and showing signs to remain bearish. Be careful as the market can neither be called bearish nor bullish.
For binance users, now is the perfect time to place your bets in Dual Investment for both $BTC & $ETH. The uncertainty of the future of the market for the two largest #crypto can prove beneficial.
Bitcoin bounced from 17600 level, expecting reversal from here as stated in my TA earlier. 🤞🏻
Best way to earn during this downward trend is to go for futures, farming, staking and trading in innovative coins with #bitcoin and #ETH.
For #binance users there is a very good investment and highly lucrative option known as Dual Investment. It is like futures where you guess the price of #crypto on a given date and stake your coin.
Bitcoin extends losses, drops below $19,000
The price of Bitcoin slid under $19,000 on Saturday, just hours after hitting its 18-month low of $20,000 per coin.
The world's most famous cryptocurrency fell by 7.08% against the dollar, going for $18,995 at 5:39 am ET, with its lowest price today being $18,749.
The drop comes amid growing concerns about rising inflation and worries about the world's largest economy making its most aggressive move on rates in nearly three decades.
Cryptos plunge following Fed rates decision
The world's leading cryptocurrencies, Bitcoin (BTC) and Ether (ETH), fell on Wednesday following the latest decision on interest rates by the United States Federal Reserve.
Earlier, the institution said it would increase the target range for the federal funds rate to 1.5% to 1.75%. The 0.75 percentage point hike is Fed's most significant in 28 years.
Bitcoin fell by 8.16% at 2:12 pm ET, selling for $20,336, while Ether dropped by 13.18% to go for $1,048.42 at the same time.
Luna 2.0 is still a risky #crypto. I suggest you to wait for Luna (old) tickr $LUNC to reach say like $50 and then sell. As per Do Kwon, the foundation will burn all the extra minted coins during the #TheGreatFall.
Bitcoin tumbles 5% as crypto market plunges
The world's most popular cryptocurrency, Bitcoin, extended losses on Friday by losing nearly 5% as both the Wall Street and the cryptocurrency market saw a major sell-off.
Inflation concerns continued to rise with the Federal Reserve confirming increases of its key interest rates at the upcoming meetings of the Federal Open Market Committee.
Bitcoin lost 4.89% to $28,841 at 2:21 pm ET, while Ether fell 4.73% to $1,922 at the same time. Bitcoin declined nearly 38% since the start of the year to hover around the lowest level since July last year.
Terra Luna cryptocurrency price
One week ago: $82.5
1.Luna is giving a good oppurtunity to buy.Its not going down. Before it goes down there would be tons of organization which would help out for some stake or some other way.
2.The damage to Luna is a damage to crypto for which many will come ahead to help out. From these levels Luna can rise by 50% at any moment with upto 100% rise also probable.Irrespective of the negativity surrounding targets will be reached in 14-20 days.
3. The price pt of Luna creates a technical absurdity which will correct itself and cause this rise upto a target of 35 USD from current 14 USD.
4. The attack on Luna was coordinated with BTC price action going down. The reversal will happen coordinated with BTC rebound.
Long term investors can start accumulating In Bitcoin
BITCOIN FALLS BELOW $35K -3% $BTC
ETHEREUM FALLS BELOW $2600 -3.1%
Just like doing online transactions and UPI transactions, you are not supposed to share the OTP and the secret code for UPI transactions, please all the #crypto investors be advised that there is always a threat of hacking of your #crypto wallets, hence do not click and share any clickable links which promise to make easy money by staking, swapping or mining. Always check the URL of the clickable link.
P.S. recently discord was hacked and all the users who clicked on the clickable link got their wallets hacked too.
Congratulations to all the fellow #crypto people. Central African Republic has become the second nation to adopt #bitcoin as the legal tender. Earlier El Salvador was the first country to adopt $BTC as the legal tender besides US Dollar.
Please share your thoughts which country should be the next to make crypto legal.
With the news of Elon Musk taking over twitter, not only the financial markets are roaring but the #crypto markets are also moving up and down.
And the best way to benefit from this movement is to start a liquidity farming. I'd recommend liquidity farming of both the innovative coins as the value of both is varying continuously which means profits in both the coins and also the liquidity fee. Try not to put all your money into it as the best way to benefit from the liquidity farming is to keep it for a longer time. P.S. read all related documents and tutorials before investing. Disclaimer: any advice given here is solely my personal opinion.
These days index is structure and regulated crypto 😂
Target Achieved in 4 days