Arthur Hayes, the founder of BitMEX, predicts the Bitcoin price will sustain above $20,000 and reach around $25,000 in the third quarter. He argues that the correlation between the US Treasury market and the Federal Reserve could affect to Bitcoin through interest rates and monetary easing. While attracting interest, he also highlighted the uncertainty of the crypto market and the potential for rapid changes in the Bitcoin price.
#Bitcoin #CCNews24h
Fed raised interest rates to a 22-year high, predicting further increases. Inflation remains a concern. Economy expected soft landing, no recession forecast. #ccnews24h#Fed#crypto#Bitcoin
Korea establishes joint agency to fight crypto crimes, protects investors Launches joint investigation center with 30 investigators from 7 government agencies. The new law imposes severe penalties for illegal activity involving virtual assets. The use of Entity Identifiers helps to increase transparency in the virtual asset market. This is aimed at reducing crime rates and improving cross-border payments.
#ccnews24h #cryptocurrency
Fed raises interest rates by 0.25%, BTC hovers around $29,300
Fed raised interest rates to a 22-year high, predicting further increases. Inflation remains a concern. Economy expected soft landing, no recession forecast.
#ccnews24h#Fed#crypto#Bitcoin
Rebranding may involve changing the color scheme, removing the bird logo, and renaming the domain to https://t.co/Jg7NK5FdeF. Linda Yaccarino, Twitter CEO, said "X" will have unlimited interoperability and support crypto payments. The proposed rebranding comes after Twitter's ad revenue plummeted and the company faced massive debt.
Elon Musk rebranded Twitter as "X".
Rebranding may involve changing the color scheme, removing the bird logo, and renaming the domain to https://t.co/Jg7NK5FdeF. Linda Yaccarino, Twitter CEO, said "X" will have unlimited interoperability and support crypto payments. The proposed rebranding comes after Twitter's ad revenue plummeted and the company faced massive debt.
#CCNews24h #Crypto #Twitter #ElonMusk
Bitcoin's journey: Plunging after rejection, will there be a new breakout or continue to sink?
Bitcoin price is plunging past the $30,350 resistance level. Currently, BTC is dipping below $30,000 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $29,720 on the hourly chart of the BTC/USD pair. The bears are eyeing new lows, and the price could continue to drop to the potential supports at $29,650 and $29,500. However, if the price closes above $30,400, a rally to the $31,200 resistance area could be opened. Technical indicators currently show that BTC is in a downtrend and the RSI (Relative Strength Index) is below the 50 level. Traders are watching closely to make predictions about the future of Bitcoin price.
#CCNews24h #Cryptocorner #Cryptonews #Crypto #Bitcoin #btc
#Meta and #Microsoft have teamed up to launch Llama 2 - the open source large language model developed by Meta. It is integrated into Microsoft's Windows operating system and the Azure cloud computing platform. Llama 2 is designed for business and research purposes, is now available for free, and has been improved upon Llama 1.
This partnership is intended to enhance the capabilities of large language models and provide tools Powerful for researchers and businesses.
#CCnews #ccnews24h #cryptocorner #Cryptonews #Coin #Cryptocurrency #AI
💬 On July 30, 2015, a wallet transferred 61,216.6 ETH from the original block. At that time, the value of this amount of ETH was only 19,038 USD, with the ICO price of 0.311 USD per ETH coin. Currently reaching a value of up to 116 million USD. https://t.co/niTD3ii6is
To continue the success story, join the https://t.co/haRalOGwZV ICO and own ROC, a potential token with a lot of promise. Register now here https://t.co/N7uIkne03O⚡️
#Cryptocorner #Cryptocurrency #Crypto #Coins #NFT #Web3 #Bitcoin #BTC #CryptoNews #Blockchain #Exchange #Rocoo #ROC #ICO #Roccoin
Chinese police successfully solved a case involving cross-border online gambling, with a turnover of up to 400 billion yuan.
They use cryptocurrencies to conceal illegal activity, making it difficult to trace and collect evidence. Task force "728" has dismantled 14 related criminal gangs, arrested more than 130 suspects
#Ccnews #ccnews24h #Cryptocorner #Cryptonews #Bitcoin #blockchain
#Multichain Stopped Working After CEO Was Detained and His Sister Transferred $220 Million
Multichain, a cross-chain project, shut down after the CEO's sister was detained in China. The CEO's sister transferred $220 million in funds after unusual movements and is currently in custody. Chinese police confiscated the CEO's computer, phone, hardware wallet and personal information. The servers running this project are controlled by the CEO's personal cloud server account, so when the CEO is detained, access to the project is revoked and the project cannot continue to function. All funds and investor assets are under the control of the CEO and are currently in the hands of the Chinese police. The project was discontinued due to lack of alternative sources of information and corresponding operational funding. Initially, the project did not disclose that the CEO was detained due to local laws and regulations, but later confirmed this information.
#Cryptonews #CCNews #CCNews24h #Cryptocurrency
#Ripple's XRP is up over 70% in just a few hours after its victory over the SEC.
Ripple wins big as the court rules XRP is not a security. XRP price surged, Coinbase re-listed XRP and trading increased significantly. Ripple's long battle with the SEC is over, but Ripple and its executives could still face legal consequences.
#CCnews #Ccnews24h #Cryptonews #Cryptocurrency