BitcoinBreaking - Your source for CryptoNews

2022-05-04 14:09:02 Bitcoin Recovers After Weekend Plunge to $37,500… Amid Bloodbath in Altcoin Markets

Bitcoin has rebounded after falling off a cliff in the run-up to the monthly close.Saturday night saw the world's biggest cryptocurrency hit lows of $37,585, CoinMarketCap data shows.According to Coinglass, the world's biggest cryptocurrency fell by 17.3% last month — its worst April performance since 2013.

There's growing nervousness as the Federal Reserve's Open Market Committee gathers for a key meeting on Tuesday and Wednesday.Economists are expected to raise the base interest rate by half a percentage point — and an increase of this size hasn't been seen in 22 years.Analysts are increasingly expecting another half a percentage point rise in June as the central bank battles to bring red-hot inflation under control.Bitcoin trading volumes have dwindled in recent months as the prospect of higher interest rates.

Source

Join Now
@BitcoinBreaking Open / Comment

2022-05-03 18:26:02 Smartphone text prediction guesses crypto hodler’s seed phrase

Seed phrases, a random combination of words from the Bitcoin Improvement Protocol (BIP) 39 list of 2048 words, act as one of the primary layers of security against unauthorized access to a user’s crypto holdings. But, what happens when your “smart” phone’s predictive typing remembers and suggests the words next time you try to access your digital wallet?

Andre, a 33-year-old IT professional from Germany, recently posted on the r/CryptoCurrency subreddit after discovering his mobile phone’s ability to predict the entire recovery seed phrase as soon as he typed down the first word.As a fair warning to fellow Redditors and crypto enthusiasts, Andre’s post highlighted the ease with which hackers can use the feature to drain a user’s funds just by being able to type the first word out of the BIP 39 list.

Source

Join Now
@BitcoinBreaking Open / Comment

2022-05-02 13:16:02 MetaMask and MoonPay team up to simplify fiat on ramp

MetaMask users can now use Moonpay to top up crypto wallets. Leading payments provider Moonpay has teamed up with leading crypto wallet provider MetaMask to allow users to purchase ETH with mainstream payment methods.

MoonPay is continuing on its mission to onboard the world to Web3. With this collaboration, MoonPay gets access to over 30 million Metamask users around the world. After recently announcing a partnership with OpenSea, Selfridges, and getting a backing of $87 million from a range of celebrities, it seems as though Moonpay is well on its way to making crypto easier.

Source

Join Now
@BitcoinBreaking Open / Comment

2022-05-01 17:16:02 Panama Passes Crypto Law, Hopes To Foster Innovation

Panama’s National Assembly has passed a law regulating bitcoin and the crypto market. The country’s officials hope to encourage innovation and boost the economy with the law.

The National Assembly of Panama has passed a law that will see cryptocurrencies regulated, the official Twitter account of the legislative body announced on April 28. Specifically, the law regulates the commercialization and use of cryptocurrencies, the tokenization of precious metals and other goods, payments systems, as well as dictating other provisions.

Source

Join Now
@BitcoinBreaking Open / Comment

2022-04-30 22:07:36 Sphere Finance is a project dedicated to acquiring governance, farming liquidity and incubating projects that generate deep liquidity with the aim of taking over projects all over Polygon, and later other chains. It yields profits and sends them out in the form of $SPHERE tokens.

It is going to come out with a V2 contract soon. If you think you're late to the hype train, think again! They will make the APY sustainable, earn even more governance while also making the market whale proof. No whales are going to manipulate this. So far, they've also incubated 3 projects and have a huge share in them! Join the S&P 500 of Crypto now!

Telegram: https://t.me/SphereDeFi
Discord: https://discord.gg/w5BxKy7tJX
Twitter: https://twitter.com/SphereDeFi
Website: https://sphere.finance/ Open / Comment

2022-03-02 11:34:41 Bitcoin Breaking pinned a photo Open / Comment

2022-03-02 11:34:38 Contact Me
@LucaMathis Open / Comment

2022-03-02 06:07:02 Short Positions See $143M in Liquidations as Bitcoin, Ether Gain 10%

Traders betting against a rise in cryptocurrencies suffered losses of up to $143 million in the past 12 hours as global markets recovered from Thursday's declines.

Bitcoin (BTC), ether (ETH) and other major cryptocurrencies have added close to 10% in 24 hours, almost regaining Wednesday night’s levels. Bitcoin traded near $38,400 at the time of publication, up from Thursday’s low of $34,725.The rebound, which started in U.S. morning hours on Thursday, caused over $184 million worth of losses due to liquidations on crypto-tracked futures in the past 12 hours.

Source

Join Now
@BitcoinBreaking Open / Comment

2022-03-01 15:30:28 Blockchain is a part of a new reality

Don’t let yourself miss new opportunities to raise your wealth.

@NeinsFinance is a brand new financial tool. This is a DEX platform that aims to expand financial and insurance services, fundraising.

Don’t think that we are another company that wants to sell you something.

@NeinsFinance is not only a tool. This is a community for global aid using blockchain technology. We provide you an opportunity to join this part of the new world.

Join us to create your future in the community of like-minded people.

Website (https://bit.ly/3ju3z0X)

Telegram (http://t.me/NeinsFinance)

Twitter (https://twitter.com/NeinsFinance) Open / Comment

2022-03-01 09:44:02 Ruble-Bitcoin (RUB/BTC) volumes hit a 9-month high as Russian banks raise interest rates 20%

In particular, the Russian ruble-to-Bitcoin trading volumes reached a nine-month high as the country's fiat currency fell to record lows in the aftermath of the invasion of Ukraine, according to a CoinDesk report citing data tracked by Kaiko.

In a move that took place over the weekend, the West escalated its targeted sanctions against Russia, intending to prevent Russian banks from accessing the Society for Worldwide Interbank Financial Telecommunication, the communications network that underpins global financial transactions.

Source

Join Now
@BitcoinBreaking Open / Comment