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In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a hacker claims to have stolen a massive amount of Chinese citizens’ personal data from Shanghai police, and now wants to sell it for ten bitcoins. Also, Mark Zuckerberg’s Meta has ditched the Novi project, after unveiling a new metaverse wallet. These stories … Read more
The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To counter the growing use of cryptocurrencies, UNCTAD said it recommends the imposition of taxes that discourages crypto trading. ‘A Way to Protect Household Savings’ According to … Read more
This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy after governments worldwide locked down the world’s citizens over the Covid-19 pandemic, shut down businesses and injected trillions into the economy. The discussion touches upon … Read more
It’s all about two moving averages crossing over as proof that BTC price action is done with the dip. Go to Source Powered by WPeMatico
The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and analysts believe that the risk of “parity is just a matter of time now.” … Read more
The Ghanaian government has reportedly changed its mind and will now seek a financial rescue package from the International Monetary Fund (IMF). The decision comes just a few days after residents took to the streets to protest the spiraling inflation and growing economic hardships. Ghana’s Growing Balance of Payments Deficit After initially refusing to seek … Read more
Argentina has been in a long-standing battle against rising inflation and a continued decline of the peso against the U.S. dollar. Go to Source Powered by WPeMatico
Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin. Go to Source Powered by WPeMatico
Crypto Jebb and independent market analyst Scott Melker agree that the crypto market’s toughest days still lay ahead. Go to Source Powered by WPeMatico
The latest ETH plunge has triggered a bearish continuation setup, with an interim downside target 20% below the current prices. Go to Source Powered by WPeMatico
