As the fallout from the collapse of Sam Bankman-Fried’s blockchain empire FTX continues, investors are wary about the battered cryptocurrency market.  The crypto industry has already seen the closure of major players, along with the Bitcoin (CRYPTO: BTC) bubble bursting. “Rich Dad, Poor Dad” author Robert Kiyosaki has dropped words of caution about Bitcoin’s performance in the present market scenario. In a recent tweet, Kiyosaki says he is not looking at flipping Bitcoin by market cap as he… Source link

November 13, 2022  by SchiffGold  0   0 Three key takeaways: For weeks, the Bitcoin market has looked propped up by the whales, especially after the recent FTX disaster. Bitcoin hodlers should strongly consider moving into gold, silver, or at least Ether. Full disclosure, I have a complicated relationship with Crypto. An Artificial Market I have specifically avoided writing about Bitcoin despite having strong opinions on the subject. Bitcoin is a very hot topic, and most people have… Source link

How does one build a Bitcoin (BTC) community? How to start? Where to begin? And what are the best practices?  Cointelegraph spoke to Bitcoin community builders around the world to shed light on a growing phenomenon in the Bitcoin world. From Indonesia to South Africa to El Salvador and the Congo, circular-based Bitcoin economies and community projects have sprung up across the globe. Cointelegraph asked the successful community-focused Bitcoiners how to kickstart a Bitcoin circular economy… Source link

Bitcoin (BTC) investors are withdrawing funds from exchanges at a rate not seen since April 2021 with nearly $3 billion in Bitcoin withdrawn over the past seven days. New data from on-chain analytics firm Glassnode shows the number of wallets receiving BTC from exchange addresses hit almost 90,000 on Nov. 9. Exchange users wake up to self-custody Amid ongoing turmoil over the bankruptcy of major exchange FTX, concerns have heightened among exchange users over security of funds. Commentators have… Source link

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he is not worried about the price of bitcoin dropping. “I am a bitcoin investor,” he said, adding that when the price of the cryptocurrency hits a new bottom, he gets excited. Robert Kiyosaki Isn’t Worried About Bitcoin’s Price The author of Rich Dad Poor Dad, Robert Kiyosaki, says he is not worried about the price of bitcoin as BTC fell below $17K amid the implosion of cryptocurrency exchange… Source link

Monero (XMR) has been relatively less volatile compared to the crypto market. So far Saturday, the Digital Money has increased 0.97% to $126.28. InvestorsObserver is giving Monero a 20 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Low Volatility InvestorsObserver gives Monero a low volatility rank of 20, placing it in the bottom 20% of cryptos on the market. The Volatility Gauge tracks… Source link

A popular crypto strategist and trader says Bitcoin’s (BTC) price is unlikely to fall all the way down to $10,000. In a new strategy session, analyst Jason Pizzino tells his 279,000 YouTube subscribers that Bitcoin bulls will likely defend a high time frame support level and keep it away from plunging toward $10,000. “There’s a pretty reasonable chance that we won’t see the $10,000 like I’ve talked about for quite a while on the futures market. You got a nice number here… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. Welcome back to our weekly recap of crypto market moves over the past seven days. Just when the industry was beginning to think Crypto Winter had passed, the sudden cinematic collapse of crypto exchange FTX this week sent prices spiraling down across the board.  Bitcoin (BTC) and Ethereum (ETH) crashed in sync, both losing about 20% of their value over the past seven days, according to CoinGecko data. The world’s top… Source link

As the Ethereum Beacon Chain reached its second birthday in mid-September this year, Ethereum officially transitioned over to proof-of-stake (PoS) from the proof-of-work consensus model. According to recent data from the Beacon Chain, the number of active validators has reached 442,458, and the total amount of staked Ether (ETH) has exceeded 14 million. According to the Ethereum consensus mechanism design, validators who stake their ETH and perform signature tasks receive an income of around… Source link

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject In the days leading up to the beginning of 2023, the native token of Ethereum, Ether (ETH), is expected to witness a significant price increase in comparison to its primary rival, Bitcoin. The “cup-and-handle” pattern, which is well-known in technical analysis, contains the majority of the bullish… Source link