Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - gabbarnews12

Pages: 1 [2]

News related to Crypto / ETH Alarm Clock Attack Has So Far Resulted In $260K In Stolen gas fees

« on: October 20, 2022, 10:18:10 AM »

A flaw in the smart contract code for the ETH Alarm Clock service has apparently been exploited, with over $260k being stolen from the protocol so far.
Read More :- https://www.coingabbar.com/en/crypto-currency-news-english/eth-alarm-clock-attack-far-resulted-dollark-stolen-gas-fees

Articles about Cryptocurrency / Associations File Bitcoin ETF Amicus Brief|Grayscale Vs SEC

« on: October 19, 2022, 10:59:11 AM »

Four organizations The Blockchain Association, the Chamber of Digital Commerce, the Chamber of Progress, and the Coin Center have filed amicus briefs in favor of Grayscale in the SEC lawsuit.
Read More :- https://www.coingabbar.com/en/crypto-currency-news-english/associations-file-bitcoin-etf-amicus-briefgrayscale-vs-sec

News related to Crypto / BITCOIN PRICE ANALYSIS CMP-$19,500: Both the Bulls and the Bears are confused

« on: October 19, 2022, 10:14:37 AM »

Yesterday, the price of bitcoin was consolidating. The asset, however, has moved north in the previous 24 hours.
Read More :- https://www.coingabbar.com/en/crypto-currency-news-english/bitcoin-price-analysis-cmp-dollar-bulls-bears-confused

News related to Crypto / Blockchain.com receives a Singapore cryptocurrency licence after Coinbase

« on: October 17, 2022, 12:38:56 PM »

Thursday saw the regulatory approval of yet another exchange, after Coinbase's approval of its Singapore licence.
Blockchain.com would be able to provide payment services in the nation with the new licence. The decision was made while the South Asian nation's cryptocurrency ecosystem is experiencing growth. Already, a number of cryptocurrency businesses with roots in nearby nations have relocated to Singapore.
Read More :- https://www.coingabbar.com/en/crypto-currency-news-english/blockchaincom-receives-singapore-cryptocurrency-licence-coinbase

News related to Crypto / The Bitcoin Whale Opens a Long Position Following the CPI Release

« on: October 15, 2022, 08:30:35 AM »

After the CPI figures for September came in higher than anticipated at 8.2%, the price of bitcoin plunged to $18,3k.
After the CPI data was released, the price of bitcoin recovered somewhat, continuing Friday's advances. According to statistics, a Bitcoin whale simultaneously opened long bets on the futures markets Bitmex and Binance.

Price of Bitcoin (BTC) Soars Due to Whale Accumulation

Hours after the release of the higher-than-expected CPI figures on Thursday, the price of bitcoin increased in tandem with the US stock market. The core CPI increases to a 40-year high even though the CPI for September is lower than it was in July and August.

It's interesting to note that as the price of Bitcoin dropped to $18,3k, a Bitcoin whale opened long bets on the Binance and Bitmex futures exchanges. The U.S. Energy Information Administration's revelation of a major increase in crude oil stocks is thought to be the cause of the action.

Gains in the price of Bitcoin (BTC) contributed to the recovery of the overall crypto market. It is not, however, a spot purchase that might have boosted Bitcoin bulls. However, the purchase by the Bitcoin whale is sufficient to spur a further rise in the near term until a profit in the futures markets.

A time to enter long positions is suggested by indications like the supply in loss, the adjusted SOPR, and the taker/buyer sell ratio. To confirm their entry, traders must, however, pay close attention to open interest (OI), derivatives reserve, and netflow.

Has Bitcoin reached its low point?

The price of bitcoin has now risen from the $18,3k level numerous times, indicating a bottom around $18,500. Whales used a second opportunity to purchase Bitcoin (BTC) at a discount in order to trigger a rise. Additionally, users can use the Bitcoin Exchange Inflow Mean indicator to monitor whales moving substantial sums of BTC during capitulation episodes.

The price of bitcoin, however, is still below the symbolic milestone of $20,000. The price of bitcoin is under pressure until it rises beyond the threshold that would indicate a bullish advance.

The price of bitcoin is $19,650 at the time of writing, up 1.5% over the previous day. The BTC price has been retreating from the significant barrier level and still struggles to achieve $20,000.

News related to Crypto / Leading Cryptocurrency Exchange Unveils $500 Miner Lending Project

« on: October 15, 2022, 08:06:00 AM »

Earlier on Friday, October 14, Binance, the world's largest cryptocurrency exchange, made an exciting statement to promote the crypto mining sector.
Binance Pool has announced the start of a $500 million miner financing program to aid Bitcoin mining and other mining infrastructure providers.

The official announcement from Binance reads: “Binance Pool, as one of the world's leading crypto mining pools, has a responsibility to assist maintain a healthy digital asset ecosystem. In light of current market conditions, Binance Pool is launching a $500 million financing program to assist crypto miners and digital infrastructure providers.”

According to Binance, this is the first-of-its-kind project for Binance Pool. With this project, Binance said that this project would focus on providing debt funding to both public and private Bitcoin miners. Binance also intends to help other crypto asset infrastructure companies around the world.