Ecb Officials Say Bitcoin (Btc) Is About To Become Irrelevant, Claim Top Crypto On It’S ‘Last Stand’ - [2022-11-30 2D08Jn]

in #bitcoinlast year

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Bitcoin e ethereum sobem forte seguindo Wall Street com PIB, Fed e China:


Criptomoedas se recuperam em um dia de sinais positivos no ambiente macro e sem novidades no âmbito do pós quebra da FTX O bitcoin (BTC) e o ethereum (ETH) operam em fortes altas com o arrefecimento das preocupações em relação aos protestos na China e em meio…

Compound tightens its rules to prevent Aave-like exploit, details inside: Suzuki Shillsalot


Compound DAO had voted unanimously to implement changes in the rules of the protocol This move was motivated by the need to keep the protocol safe after the Aave exploit Recently, COMP holders at Compound Finance, a major player in the cryptocurrency loan ind…

NFTs Guide For Newbies: Kedma Ough


NFTs are one of the most exciting things that have come out of the crypto community in recent years. These non-fungible tokens (NFTs) can be used to represent any type of asset, including art, real estate, and collectibles. NFTs guide for newbies is essential…

Kraken cuts workforce by 30% in an effort to survive crypto winter By Cointelegraph: investing.com


Cryptocurrency exchange Kraken announced on Nov. 30 that it has made one of its “hardest decisions” and is cutting down its global workforce by approximately 1,100 people, comprising approximately 30% of its total workforce, amid current market conditions. Ac…

Is DeFi Ready for Prime Time?: blockworks.co


DeFi protocols have seen their usage swell as investors flee centralized crypto exchanges. The top ten decentralized exchanges by on-chain value have all seen their trading volumes jump by over 30% this month. And a Kaiko research note found DEX tokens saw th…

Bitcoin Trading Volume Outside Binance Falls To Lowest Since Feb 2021: bitcoinist.com


Data shows the Bitcoin spot trading volume outside Binance has fallen to its lowest value since the February of 2021. Bitcoin Trading Volume Continues To Tumble As Market Calms Down As per the latest weekly report from Arcane Research, volume including Binanc…

Bitcoin jumps to a 2-week high of $17,000, but crypto experts say don't cheer the rally as FTX contagion is far from contained: mchittum@insider.com (Morgan Chittum)


Industry experts told Insider their crypto market outlook after FTX's sudden downfall, which has brought down other ailing firms.

Price analysis 11/30: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI By Cointelegraph: investing.com


Bitcoin (BTC) has shrugged off the weakness in the United States equities markets and is attempting to start a recovery on Nov. 30. Buyers are attempting to achieve a monthly close above $17,000. This suggests that the selling that had picked up due to the FT…

How To Identify A Good Cryptocurrency Project To Hold For The Long Term: forbes.com


There are over 21,000 cryptocurrencies trading today. Of these, there are great and noteworthy projects. How can investors identify the few good ones from the majority? This article will cover five indicators of a good cryptocurrency project to hold, use, or …

Cryptocurrency money laundering investigation initiated in East Texas leads to 21 people indicted: Zak Wellerman


Cryptocurrency money laundering networks facilitate the movement of fraud proceeds from victims in the U.S. to foreign criminal organizations.

Bitcoin Family is moving more than $1 million into decentralized exchanges after Sam Bankman-Fried's FTX disaster: cnbc.com


The Bitcoin Family has relocated to Phuket, and they are in the process of moving $1 million in crypto to decentralized exchanges. - Currently, the family keeps 73% of its crypto tokens in cold storage. - Decentralized exchanges, or DEXs, allow users to retai…

Kraken reduce su plantilla en un 30% para sobrevivir al mercado bajista: Judith BannermanQuist


Según el CEO, el exchange creció demasiado rápido para dar cabida al rápido crecimiento del ecosistema de criptomonedas. El exchange de criptomonedas Kraken anunció el 30 de noviembre que ha tomado "una de las decisiones más difíciles" al reducir su plantil…

Centralbank-økonomer i hårdt angreb: Bitcoin vil snart være irrelevant:


Kursfald er udtryk for digital valutas sidste krampetrækninger, lyder det fra Den Europæiske Centralbank.

Nasdaq soars 4% after Jerome Powell indicates the Fed is on track to slow rate hikes in December: mfox@businessinsider.com (Matthew Fox)


"It is entirely possible the December hike of 50 basis points could be the last hike," Fundstrat's Tom Lee said of Fed Chair Jerome Powell's speech.

Bitcoin Is on the Road to Irrelevance, Says ECB: beincrypto.com


European Central Bank has launched an unprecedented critique of Bitcoin in an article on its website. Ulrich Bindseil and Jürgen Schaff, both of the ECB Market Infrastructure and Payments Division, highlighted the failure of Bitcoin (BTC) to replace or improv…

Top Asset Management Firms Suffer $220,000,000 in Losses From Bitcoin (BTC) Mining Investments: Report: dailyhodl.com


A new report claims Bitcoin (BTC) mining firm Iris Energy’s investors are seeing a multimillion-dollar wipeout in the value of their holdings a year since the public listing. According to an Australian Financial Review, shares of Iris Energy, which is listed …

No te creas el hype: la subida del precio de Bitcoin hasta USD 17,000 refleja la mejora de la postura de los inversores: Marcel Pechman


Las noticias negativas siguen siendo el tema del momento, pero el reciente movimiento de BTC por encima de USD 17,000 sugiere que los inversores están encontrando razones para ser alcistas. El precio del Bitcoin (BTC) ganó un 6.1% entre el 28 y el 30 de nov…

Bitcoin, Ethereum Jump as Fed Chair Signals Slowing Rate Hikes: decrypt.co


Bitcoin and the wider crypto market jumped Wednesday after Federal Reserve Chair Jerome Powell said in a speech that December would likely bring smaller interest rate hikes. The biggest cryptocurrency by market cap was trading for $17,102 at the time of writi…

Crypto Lenders' Woes Worsen as Bitcoin Miners Struggle to Repay Debt: bloomberg.com


Crypto Lenders' Woes Worsen as Bitcoin Miners Struggle to Repay Debt Bloomberg #lenderswoes #woesworsen #bitcoinminers #minersstruggle #repaydebt #lenders #woes #worsen #bitcoin #miners

Economic bubbles: What they are, why they happen, and why you should care: Chris Muller


You don’t need a Ph.D. in economics to know that economic bubbles—and their ensuing POPS!—can take us all for a wild ride. Bubbles occur anytime asset prices appreciate unrealistically; and they happen more often than we think. In the United States alone we h…

Don't’ believe the hype: cointelegraph.com


Bitcoin (BTC) price gained 6.1% between Nov. 28 and Nov. 30 after briefly testing the $17,000 support. Favorable regulatory winds might have helped fuel the rally after the Binance exchange announced the acquisition of a regulated crypto exchange in Japan on …

VeChain - En tête de la révolution numérique durable avec PoA2.0:


SAN MARINO, 30 novembre 2022 /PRNewswire/ -- La Fondation VeChain, qui supervise la blockchain de calibre d'entreprise leader au monde, VeChainThor, est fière d'annoncer que la mise à niveau connue sous le nom de « Proof of Authority 2.0 » (PoA2.0) a eu lieu …

Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs: bitcoin.com


During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay rough…

IBM and Australian Stock Market’s Blockchain Projects Failed, a Blow to Private Ledgers: coindesk.com


The turbulence in the overall cryptocurrency sector following FTX’s collapse this month is well-known. What’s gotten less attention, though, are the failure of projects that attempted to use the underlying crypto ledger technology in private, corporate settin…

Quantia emite token propio para pagar a damnificados tras caída de FTX: Nicolás Antiporovich


La caída de FTX se inició porque la empresa dirigida por Bankman-Fried consideró que su token FTT era valioso y lo usó para apalancarse. Leer más

Brazil Approves Bill Regulating Use Of Bitcoin As Payment: zerohedge.com


Brazil Approves Bill Regulating Use Of Bitcoin As Payment Authored by 'NAMCIOS' via BitcoinMagazine.com, Brazilian lawmakers have approved a complete regulatory framework for the trading and use of cryptocurrencies in the country... Voted on Tuesday evening i…

A Cryptocurrency Named After The Fictional Money In Star Trek Is ‘Worthless’ And ‘A Scam,’ New Lawsuit Alleges: forbes.com


The complaint says the Bitcoin Latinum founder lured an investor in with the promise that the producers of Star Trek had already invested $20 million. An investor in a scarcely-known cryptocurrency called Bitcoin Latinum — named for a type of money that exist…

Don't’ believe the hype — Bitcoin price rally to $17K reflects improving sentiment: Cointelegraph By Marcel Pechman


Negative newsflow continues to make headlines but BTC’s recent move above $17,000 suggests investors are finding reasons to be bullish.

NFT aterrizan en el exchange descentralizado Uniswap: Jesús Herrera


El exchange descentralizado lanzó un agregador de NFT con el que pretenden ofrecer buenos precios, mejor indexación y más seguridad. Leer más

Life as An Anarchist in a Small Community – Epi-3207: The Survival Podcast


Reed Richard is a father, permaculture enthusiasts, gardener/conductor, rouge thinker/philosopher, musician/dancer, bitcoin curious, novice builder/plumber/electrician, author, the list goes on… Living on a semi small island on the Salish Sea on unceded terri…

Maturation Of The Lightning Network: Growing Up By Going Vertical: bitcoinmagazine.com


This is an opinion editorial by Roy Sheinfeld, the cofounder and CEO of Breez, a Lightning Network mobile app. A version of this article was originally published on Medium. It’s almost tautologically true that specialization within a social system increases w…

Bitcoin's 'artificially induced last gasp before the road to irrelevance': ft.com


Bitcoin's 'artificially induced last gasp before the road to irrelevance' Financial Times European Central Bank says bitcoin is on the 'road to irrelevance' CNBC ECB says Bitcoin is artificially propped up, shouldn't be legitimised Yahoo Finance UK EU Crypto,…

Telegram ofrecerá wallet de criptomonedas y exchange descentralizado a sus usuarios: Alfredo Oquendo


El CEO de Telegram informo que se tratará de una wallet de autocustodia y que la caída de FTX motivó su desarrollo. Leer más

El presidente de la Comisión Bancaria del Senado de EEUU pide que se coordine con el Tesoro el tema de las criptomonedas: Turner Wright


El presidente de la comisión citó el "alarmante fraude" de FTX, la escasez de liquidez y la quiebra como ejemplo de riesgo financiero que el Tesoro y los reguladores deberían abordar. Sherrod Brown, presidente del Comité Bancario del Senado de los Estados U…

ECB Officials Say Bitcoin (BTC) Is About To Become Irrelevant, Claim Top Crypto on It’s ‘Last Stand’: dailyhodl.com


High-ranking members of the European Central Bank (ECB) say that Bitcoin (BTC) is on the cusp of becoming an irrelevant asset. In a new blog post, ECB officials Ulrich Bindseil and Jürgen Schaaf say that the king crypto’s price drop from its peak of $69,000 s…

Bitcoin’s 1.7% inflation rate performs better than the Fed’s 2% target: cryptoslate.com


Bitcoin’s 1.7% inflation rate performs better than the Fed’s 2% target Bitcoin’s fundamentals remain unaffected, despite the Fed increasing interest rates and now planning to reconsider its inflation rate target The Bitcoin inflation rate fell from 50% in 201…

¡¿Cómo comprar Bitcoin 25% por debajo del precio de mercado?!: BeInCrypto Staff


Con toda la inestabilidad en el mercado cripto en estos días, no es fácil encontrar formas de obtener ganancias considerables y seguras de las monedas digitales. Sin embargo, un proyecto está estableciendo un nuevo estándar para la inversión pasiva de alto re…

FTX Pain Is Bitcoin's Gain: Vincent Ventures


The hot air coming out of the crypto ecosystem after the FTX bankruptcy will refocus developer activity on Bitcoin. Find out why I rate BTC-USD a buy.

Users Dislike XRP and Cardano, Says Morgan Creek’s Yusko: U.Today


Mark Yusko, chief executive officer at Morgan Creek Capital Management, also believes that Shiba Inu (SHIB) must go to zero

Crypto Exchange THE HASH: Kraken Cuts 30% of Workforce; ECB Staffers Say Bitcoin Is on 'Road to Irrelevance': coindesk.com


This episode is sponsored by minima.global and Circle. The most valuable crypto stories for Wednesday, Nov. 30, 2022. The “Hash” crew discusses the main story today about crypto exchange Kraken stating that it is laying off 30% of its global staff – around 1,…

El BCE carga contra el bitcoin: asegura que va "camino de la irrelevancia" y cree que regularlo fue un error que sólo lo legitimó: Marcos Merino


El blog oficial del Banco Central Europeo, el regulador monetario del 'Espacio Euro', publica hoy un artículo sobre el Bitcoin (e, indirectamente, sobre el resto de criptomonedas). Y se explaya a gusto, sin duda. Tras recordar que en poco más de medio año (de…

Análisis de precios del 30 de noviembre: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI: Rakesh Upadhyay


BTC y muchas altcoins están levantando polvo después de que el presidente de la Reserva Federal, Jerome Powell, hablara de la posibilidad de subidas de tipos más pequeñas en 2023, pero ¿es sostenible el impulso? Bitcoin (BTC) ha hecho caso omiso de la debil…

SilverGate CEO says “This type of volatility is not new to us,” as crypto market continues to struggle: cryptoslate.com


SilverGate CEO says “This type of volatility is not new to us,” as crypto market continues to struggle The current financial conditions are challenging for all financial markets, including Bitcoin, according to SilverGate CEO Alan Lane In a recent interview w…

Bitcoin Prices Are Languishing After the FTX Selloff: barrons.com


Bitcoin and other cryptocurrencies edged higher on Wednesday, but altogether remain little moved since crypto exchange FTX’s bankruptcy shocked the industry and slammed markets. Traders are debating whether or not to buy the big dip. The price of Bitcoin has …

Chivo wallet se usó para estafar USD 12 millones de El Salvador, acusa programador: Miguel Arroyo


El desarrollador Shaun Overton apuntó contra el gobierno de El Salvador de tener la responsabilidad sobre la pérdida de estos fondos. Leer más

Price analysis 11/30: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI: cointelegraph.com


Bitcoin (BTC) has shrugged off the weakness in the United States equities markets and is attempting to start a recovery on Nov. 30. Buyers are attempting to achieve a monthly close above $17,000. This suggests that the selling that had picked up due to the FT…

Plataforma de criptomoedas Kraken demitirá cerca de 1.100 funcionários em todo o mundo: Reuters


A plataforma de criptomoedas Kraken disse nesta quarta-feira que cortará sua força de trabalho ...

Affondo della Bce contro le criptovalute: «Bitcoin sarà presto irrilevante»: di Biagio Simonetta


Il monito alle banche: «È possibile un enorme danno reputazionale». Intanto in Brasile Bitcoin diventa valuta per gli scambi commerciali

Courtroom Erupts in Cheers After Bitcoin Plant Rejected From Opening in Community: Victor Tangermann


Not in My Backyard A courtroom in Washington County, Tennessee, erupted in cheers and applause after county commissioners rejected a proposal to build a Bitcoin mining plant in the area. Bitcoin miner Red Dog Technologies was already operating a 25-megawatt B…

Chinese in Southern California are sympathetic, worried for protesters back home: Andrew J. Campa, Anh Do, Helen Li


Some Chinese immigrants expressed solidarity with the protesters. But as videos of police making arrests leak, they worried for the protesters' safety.

Crypto's Ugly November Draws to Close With ‘Sam Coins’ in Gutter, Bitcoin Down 18%: coindesk.com


The rapid collapse of billionaire-turned-scourge Sam Bankman-Fried's crypto empire will likely be remembered for posterity as one of the blockchain industry's worst-ever episodes, and nowhere was that more evident than in the performance of digital-asset mark…

Fed Likely to Raise Rates by 50 Basis Points in December; Bitcoin Jumps: coindesk.com


WASHINGTON D.C. – In its eighth and final meeting of 2022, the Federal Reserve will likely raise interest rates by another 50 basis points, or 0.5 percentage point, Fed Chair Jerome Powell implied Wednesday. The previous four Fed rate hikes were for 75 basis …

Special Report: Trolls, Propaganda and Fear Stoke Bukele's Media Machine in El Salvador: webdesk@voanews.com (Reuters)


A Salvadoran twenty-something had been looking for work when an unexpected invitation arrived to sit down with a government official. It was 2019, and the communications specialist was well-versed in social media. Talks with the official led to a $600-a-mon…

Ley Bitcoin de Brasil entraría en vigor dentro de 15 días ¿qué sucederá después?: Marianella Vanci


Tras la aprobación de la Ley Bitcoin por parte del Congreso de Brasil, todas las miradas apuntan hacia la posible sanción del presidente. Leer más

Best Roadmap To Start Crypto Trading In Hard Times For Newbies: Devon Ferreira


The crypto market has been experiencing a lot of ups and downs over the last few years. However, it is still a great opportunity for beginners to enter this market. If you want to start trading cryptocurrencies, here are some tips on how to do so: Information…

Binance hires the accounting firm that disavowed Donald Trump's financials to verify its crypto reserves: bevans@insider.com (Brian Evans)


Earlier this year, Mazars USA said it no longer stands by 10 years of financial statements for Donald Trump.

Bitcoin se volverá “irrelevante”, asegura el Banco Central Europeo: Gabriel Erard


Kanchanara en Unsplash " data-medium-file="https://i0.wp.com/imgs.hipertextual.com/wp-content/uploads/2022/02/kanchanara-4kjjezdyo3m-unsplash-scaled.jpeg?fit=800%2C533&quality=60&strip=all&ssl=1" data-large-file="https://i0.wp.com/imgs.hipertextual.com/wp-…

2:00PM Water Cooler 11/30/2022: Lambert Strether


~ Today's Water Cooler ~

Bitcoin Rises Briefly as Fed Chair Promises More Rate Hikes: cryptopotato.com


Jerome Powell – Chairman of the Federal Reserve – recently spoke about the future of macroeconomic policy and U.S. inflation at the Brooking Institution. As is typical, Bitcoin’s price was affected by his comments, rising by 1% just as his speech began. As of…

Powell Slightly Hawkish Ahead of December Meeting: blockworks.co


Inflation is far from over, Federal Reserve Chair Jerome Powell said Wednesday, but a rate-hike slowdown is still on the table for December. Regardless, according to the central bank head, rates will keep rising and remain high “for some time.” “It will take …

L’Agenzia per la cybersicurezza nazionale svela le tre truffe più diffuse sul web: ecco quali sono: F. Q.


"Siamo interessati al tuo profilo professionale. Se cerchi lavoro contattaci". L'avviso sembra uno dei tanti, ma in realtà, dietro a quell'annuncio, si nasconde una truffa. La vittima viene addirittura invitata a partecipare ad un colloquio da remoto L'artico…

Crypto Stories: The late John McAfee tells the story of how he first found out about Bitcoin By Cointelegraph: investing.com


From the Cointelegraph archives, John McAfee tells his crypto story and takes a look back at his very fascinating life. Early in his life, the computer programmer landed a job at the United States National Aeronautics and Space Administration, also known as N…

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Una cripto que detuvo retiros de sus clientes busca devolverles el dinero con un token “promesa”:


Quantia, una empresa de inversión presente en la región, dijo que “aun sin estar obligados” buscarán resarcir los daños ocasionados por FTX a sus clientes

Kraken laying off 30% of workforce as FTX fallout continues to rock crypto industry: David Hollerith


Crypto exchange Kraken, the second largest in the U.S., is laying off 30 percent of its workforce, its co-founder and CEO Jesse Powell said in a statement.

ECB Blog Post Insists This Is ‘Bitcoin’s Last Stand,’ Officials Claim BTC Is Headed Toward ‘Irrelevance’: bitcoin.com


On Wednesday, Nov. 30, 2022, a blog post published by the European Central Bank (ECB) discusses bitcoin and the authors Ulrich Bindseil and Jürgen Schaaf seem to believe its “bitcoin’s last stand.” The ECB authors further say that while bitcoin’s price has co…

Why you should run your own Bitcoin node: stacker.news


Run your own Bitcoin node Running your own Bitcoin node is as important as storing your own Bitcoin keys. A step-to-step guide to more self sovereignty. As you will see, running your own node is at least as important as holding your own Bitcoin keys. It is al…

EU’s MiCA Law May Have an FTX-Shaped Loophole: coindesk.com


Even when the Markets in Crypto Assets legislation goes into force in the coming years, companies like FTX, based in the Bahamas, would still be able to serve EU clients without extra regulation, thanks to a technique known as reverse solicitation. MiCA requi…

Europejski Bank Centralny: Bitcoin niedługo przestanie istnieć: TechnoBoss


Bitcoin wkrótce przestanie istnieć? Takie przewidywania snują kluczowi urzędnicy Europejskiego Banku Centralnego… i mają oni poważne argumenty na poparcie swojej tezy.

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Coinbase Wallet to Cease Support For XRP, Bitcoin Cash, Ethereum Classic, And Steller: Tobi Opeyemi Amure


America’s biggest crypto exchange made this decision because the four blockchain networks have seen low usage.

BTC maximalists up in arms after Casa adds ETH: cryptoslate.com


Bitcoin maximalists reacted negatively to the news of Casa unveiling a new app with Ethereum support. The custodial service has been storing Bitcoin since it started, hence, BTC proponents feel betrayed by the move. Casa will unveil the new version in January…

5 Crypto Marketing Fails and How to Avoid Them: Karishhma Mago


Steer clear of these pitfalls to make your Crypto project stand out and succeed!

A Hacked Newsroom Brings a Spyware Maker to U.S. Court: Ronan Farrow


When Roman Gressier, an American reporter working in El Salvador, found out that he and his colleagues were being surveilled, he feared persecution due to his sexual identity and worried for his sources’ safety.

Bitcoin is on the 'road to irrelevance' and its last gasp was already on the horizon before FTX's collapse, ECB officials say: businessinsider.com


Bitcoin rocket crash flying down graphic Getty Images Bitcoin was heading for a dead-end even before the collapse of Sam Bankman-Fried's FTX, ECB officials wrote Wednesday. Bitcoin's technological shortcomings make it a questionable means of payment, they wro…

VeChain - Liderando la revolución digital sostenible con PoA2.0:


SAN MARINO, 30 de noviembre de 2022 /PRNewswire/ -- La Fundación VeChain, supervisora de la blockchain empresarial líder en el mundo, VeChainThor, se enorgullece en anunciar la exitosa actualización conocida como 'Prueba de autoridad 2.0' (PoA2.0) que tuvo lu…

Influential Companies In Blockchain Industry: Adam Fields


The blockchain industry is booming and big companies are investing in it. Here are some of the most influential companies in the blockchain industry: Microsoft Microsoft Corp (NASDAQ:MSFT) is a large company with many products. Microsoft’s history of investin…

VeChain - Führend in der digital-nachhaltigen Revolution mit PoA2.0:


SAN MARINO, 30. November 2022 /PRNewswire/ -- Die VeChain Foundation, die die weltweit führende Blockchain für Unternehmen, VeChainThor, verwaltet, ist stolz bekanntzugeben, dass das erfolgreiche Upgrade „Proof of Authority 2.0" (PoA2.0) am 17. November um 8:…

CEO of $10 Trillion Asset Manager Predicts That Most Crypto Companies Will Fail: u.today


BlackRock CEO Larry Fink has predicted that the majority of cryptocurrency companies will fail during his recent appearance at the New York Times DealBook Summit. Fink also revealed that the world's largest asset manager invested $24 million into the embattle…

Bitcoin ‘rarely’ used for legal transactions, on ‘road to irrelevance’, say European Central Bank officials: techcrunch.com


European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions,” is fuelled by speculation and the recent erosion in its value indicates that it is on the “road to irrelevance,” in a series of stringent criticism (ber…

Why DeFi Will Lead Us to the Next Bull Run: Benson Toti


The crypto sector continues to battle masive contagion following FTX’s collapse and the 2022 bear market. Despite total value locked in decentralised protocols falling significantly amid the crypto winter, DeFi still shows considerable growth over pre-pandemi…

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