I just sent 3.4 ether from metamask to Coinbase Correct addresses It says successful on metamask But my assets and balance are still 0 HELP PLEASEEEE submitted by /u/futuremandingo [link] [comments]
Goldman Sachs analysts believe Bitcoin and the crypto market could see some relief, but only further short and mid-term turmoil. A recent report from the banking institutions claims the crypto market has been moving in tandem with the U.S. stock market and thus it has been affected by the macro-economic environment. Related Reading | Why Bitcoin Could Collapse Another 50%, Says Michael “Big Short” Burry The analysis was conducted by Marion Laboure and Galina Pozdnyakova and it predicts a 30% rally for Bitcoin by the end of 2022. This is still far from the cryptocurrency’s previous all-time high of around $69,000. The report fails to provide reasons that support the bearish theory. The analysts believe that Bitcoin’s correlation with the stock market will continue to play against it, and while they predict a bounce in equities, they believe BTC’s price will lag in terms of performance. For the stock market, the Goldman Sachs analysis predicts a resume on its bullish momentum and a potential bounce to its January 2022 levels. In the meantime, Bitcoin could reach $28,000 which is over $10,000 less than its January 2022 levels. Why will BTC underperform the stock market? It is unclear. As usual for legacy institutions, the analysts dismissed Bitcoin’s fundamentals and compared it to the diamonds market which they claimed to bloomed on the back of “marketing”: By marketing an idea rather than a product, they built a solid foundation for the $72 billion-a-year diamond industry, which they have dominated for the last eighty years. What’s true for diamonds, is true for many goods and services, including Bitcoins. The analysts wrote the following on the factors that contribute to the complexities of measuring the value in Bitcoin and other cryptocurrencies, and why this could increase its downside risk: Stabilizing token prices is hard because there are no common valuation models like those within the public equity system. In addition, the crypto market is highly fragmented. The crypto freefall could continue because of the system’s complexity. The Short-Term Horizon For Bitcoin As NewsBTC reported, experts more familiar with the crypto industry believe Bitcoin and other large cryptocurrencies by market cap will keep on following the stock market. Former CEO of crypto exchange BitMEX Arthur Hayes expects this correlation to contribute to the decline in BTC’s price. However, at some point during 2022, the crypto market will start to decouple from stocks and the U.S. major equities indexes, the S&P 500 and Nasdaq 100. The bullish momentum for the digital assets could be supported by a decline in both the value of legacy markets and a downside trend in terms of correlation with cryptocurrencies. Related Reading | Ethereum (ETH) Bends Toward $1,000 As Doubt Fills Crypto Markets As Hayes explained, that’s when you want to pay attention: For me to hoist the flag in support of selling fiat and buying crypto in advance of an NDX meltdown (30% to 50% drawdown), correlations across all time frames need to trend demonstratively lower.
Imagine this, there's a place where you leave your money but it's not a bank, surely banks are the worst right? I introduce to you the crypto exchange and trading platform industry. Imagine being told that your withdrawals cannot be completed because of some arbitrary reason involving half baked legalities that neither you nor them…
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Hello, I posted on here a few months ago asking when the merge would take place, and one person said June 2022 it would definitely happen. It didn't happen lol. What's going on!! submitted by /u/NoahsArkJP [link] [comments]
Coinbase, Three Arrows Capital and MicroStrategy headline the latest business news from the world of blockchain.
Hello, For those of you who don’t know: Reddit Community Points Currently there are 2 subreddits that are participating: r/Cryptocurrency Moons r/FortniteBR Bricks The tokens are on Reddit Testnet(Arbitrum Rollup Chain): Explorer RPC: https://testnet.redditspace.com/rpc ChainID: 5391184 Open Reddit Wallet on Mobile The project is still in Beta- according to Arbitrum’s Bakeoff Proposal , Reddit can…
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Title is pretty self explanatory. I should have taken screenshots but didn't think of that until after I had reported and blocked the person. Anyway, some random user messaged me about some crypto scheme and robotether returns to fihht inflation or some shit, idk. I quickly made it perfectly clear I don't appreciate unsolicited harassment.…
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submitted by /u/AlexandreL1984 [link] [comments]
After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order to “safeguard customer assets.” Five days later on July 1, Voyager announced the crypto company was “temporarily suspending trading, deposits, withdrawals and loyalty rewards.” Another […]
