<![CDATA[0xbt: 0x's blogs]]> https://0xbt.net/blog/owner/Ollg?offset=30 https://0xbt.net/blog/view/5545055/for-bitcoin-to-bottom-heres-what-the-market-wants-to-see-%E2%80%94-and-it-could-mean-a-further-30-drop-cnbc Thu, 14 Jul 2022 23:27:00 +0000 https://0xbt.net/blog/view/5545055/for-bitcoin-to-bottom-heres-what-the-market-wants-to-see-%E2%80%94-and-it-could-mean-a-further-30-drop-cnbc <![CDATA[For bitcoin to bottom here's what the market wants to see — and it could mean a further 30% drop - CNBC]]>
  • For bitcoin to bottom here's what the market wants to see — and it could mean a further 30% drop  CNBC
  • Bitcoin analysts weigh sub-$17.5K dip after 'weak' BTC price bounce  Cointelegraph
  • Bitcoin Weekly Forecast: Assessing what comes first $25,000 or $17,000?  FXStreet
  • Bitcoin more likely to hit $10000 than $30000 in near term, trading firm partner says  Fortune
  • View Full coverage on Google News



    • Original: https://www.cnbc.com/2022/07/15/bitcoin-btc-price-bottom-heres-what-the-market-wants-to-see.html

    rssimport:source : CNBC

    Posted: July 14, 2022, 11:27 pm

    ]]>     0x     https://0xbt.net/blog/view/5544109/see-you-in-court-anon-uk-judge-allows-lawsuits-via-nft-airdrop Thu, 14 Jul 2022 22:46:00 +0000 https://0xbt.net/blog/view/5544109/see-you-in-court-anon-uk-judge-allows-lawsuits-via-nft-airdrop <![CDATA[See You in Court, Anon: UK Judge Allows Lawsuits via NFT Airdrop]]> A U.K. court has ruled that individuals and entities can now be served legal documents via NFTs. But the jury's out on the method's efficacy.


    Original: https://decrypt.co/105146/uk-court-lawsuits-nft-airdrop-anon
    By: Kate Irwin
    Posted: July 14, 2022, 10:46 pm

    ]]>     0x     https://0xbt.net/blog/view/5547865/circle%E2%80%99s-detailed-reserve-report-shows-only-cash-short-term-treasurys-back-usdc-stablecoin Thu, 14 Jul 2022 22:41:00 +0000 https://0xbt.net/blog/view/5547865/circle%E2%80%99s-detailed-reserve-report-shows-only-cash-short-term-treasurys-back-usdc-stablecoin <![CDATA[Circle’s Detailed Reserve Report Shows Only Cash, Short-Term Treasurys Back USDC Stablecoin]]> The asset breakdown comes at a time when crypto firms and their finances are under increased scrutiny in the on-going crypto credit crisis.


    Original: https://www.coindesk.com/markets/2022/07/14/circles-detailed-reserve-report-shows-only-cash-short-term-treasurys-back-usdc-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
    By: Krisztian Sandor
    Posted: July 14, 2022, 10:41 pm

    ]]>     0x     https://0xbt.net/blog/view/5545056/uni-matic-and-aave-surge-after-bitcoin-price-bounces-back-above-20k-cointelegraph Thu, 14 Jul 2022 22:21:00 +0000 https://0xbt.net/blog/view/5545056/uni-matic-and-aave-surge-after-bitcoin-price-bounces-back-above-20k-cointelegraph <![CDATA[UNI, MATIC and AAVE surge after Bitcoin price bounces back above $20K - Cointelegraph]]> UNI, MATIC and AAVE surge after Bitcoin price bounces back above $20K  Cointelegraph


    Original: https://cointelegraph.com/news/uni-matic-and-aave-surge-after-bitcoin-price-bounces-back-above-20k

    rssimport:source : Cointelegraph

    Posted: July 14, 2022, 10:21 pm

    ]]>     0x     https://0xbt.net/blog/view/5544110/ethereum-deploys-latest-shadow-fork-en-route-to-the-merge Thu, 14 Jul 2022 22:17:00 +0000 https://0xbt.net/blog/view/5544110/ethereum-deploys-latest-shadow-fork-en-route-to-the-merge <![CDATA[Ethereum Deploys Latest Shadow Fork En Route to the Merge]]> The blockchain went live with another shadow fork today to test a specific feature before its transition to proof of stake.


    Original: https://decrypt.co/105135/ethereum-latest-shadow-fork-the-merge
    By: Sander Lutz
    Posted: July 14, 2022, 10:17 pm

    ]]>     0x     https://0xbt.net/blog/view/5544111/celsius-bankruptcy-filing-shows-12-billion-hole-in-its-balance-sheet Thu, 14 Jul 2022 22:01:00 +0000 https://0xbt.net/blog/view/5544111/celsius-bankruptcy-filing-shows-12-billion-hole-in-its-balance-sheet <![CDATA[Celsius Bankruptcy Filing Shows $1.2 Billion Hole in Its Balance Sheet]]> The bankruptcy filing says the platform made “certain poor asset deployment decisions” when the platform grew faster than it anticipated.


    Original: https://decrypt.co/105136/celsius-bankruptcy-filing-1-2-billion-hole
    By: Stacy Elliott
    Posted: July 14, 2022, 10:01 pm

    ]]>     0x     https://0xbt.net/blog/view/5547866/bitcoin-mining-rig-prices-slump-to-near-2-year-lows-amid-celsius-bankruptcy Thu, 14 Jul 2022 21:19:00 +0000 https://0xbt.net/blog/view/5547866/bitcoin-mining-rig-prices-slump-to-near-2-year-lows-amid-celsius-bankruptcy <![CDATA[Bitcoin Mining Rig Prices Slump to Near 2-Year Lows Amid Celsius Bankruptcy]]> Celsius’ mining unit said to have auctioned off some of its newly purchased mining rigs at low-high $20/TH price back in June, before filing for bankruptcy.


    Original: https://www.coindesk.com/business/2022/07/14/bitcoin-mining-rig-prices-slump-to-near-2-year-lows-amid-celsius-bankruptcy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
    By: Aoyon Ashraf
    Posted: July 14, 2022, 9:19 pm

    ]]>     0x     https://0xbt.net/blog/view/5547867/matic-surges-as-disney-chooses-polygon-for-accelerator-program Thu, 14 Jul 2022 21:06:00 +0000 https://0xbt.net/blog/view/5547867/matic-surges-as-disney-chooses-polygon-for-accelerator-program <![CDATA[MATIC Surges as Disney Chooses Polygon for Accelerator Program]]> The Ethereum scaling tool is one of six companies selected by the media and entertainment giant to be a part of its new program.


    Original: https://www.coindesk.com/business/2022/07/13/polygon-joins-disneys-accelerator-program-to-develop-ar-nft-and-ai-experiences/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
    By: Fran Velasquez
    Posted: July 14, 2022, 9:06 pm

    ]]>     0x     https://0xbt.net/blog/view/5544112/opensea-lays-off-20-of-its-staff-to-prepare-for-prolonged-downturn Thu, 14 Jul 2022 20:50:00 +0000 https://0xbt.net/blog/view/5544112/opensea-lays-off-20-of-its-staff-to-prepare-for-prolonged-downturn <![CDATA[OpenSea Lays Off 20% of Its Staff to Prepare for 'Prolonged Downturn']]> OpenSea CEO Devin Finzer says the move gives the company multiple years of runway "under various crypto winter scenarios."


    Original: https://decrypt.co/105130/opensea-lays-off-20-percent-staff-prolonged-downturn-crypto-winter
    By: Kate Irwin
    Posted: July 14, 2022, 8:50 pm

    ]]>     0x     https://0xbt.net/blog/view/5549457/3-reasons-why-polygon-matic-is-up-100-during-a-bear-market Thu, 14 Jul 2022 20:43:00 +0000 https://0xbt.net/blog/view/5549457/3-reasons-why-polygon-matic-is-up-100-during-a-bear-market <![CDATA[3 reasons why Polygon (MATIC) is up 100%+ during a bear market]]>

    Steady adoption and internal growth back MATIC’s 118% gain, even as most altcoins struggle to hold on to their short-term gains.

    Unlike bull markets where traders can basically throw a dart at a list of coins to pick one that will go up, bear markets require much more effort to find projects that could perform well over the long-run.

    One project that has continued to show signs of mainstream adoption despite the onset of a crypto winter is Polygon (MATIC), a layer-two scaling solution for the Ethereum (ETH) network that is looking to build a sustainable Web3 infrastructure on the top smart contract platform.

    Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.316 on June 18 during the worst of the crypto market sell-off, MATIC has climbed 118% to $0.70 where the price now sits at a major support and resistance level that first appeared in March 2021.

    MATIC/USDT 1-day chart. Source: TradingView

    Three reasons why the long-term outlook for Polygon remains positive include its continued adoption by mainstream entities, the migration of multiple projects to the Polygon network and an increase in the platforms offering liquid staking services for MATIC.

    Major adoption announcements

    Adoption by influential mainstream companies is one of the best forms of marketing that a blockchain platform can receive as it exposes them to a large pool of potential users.

    In the past few months, Polygon has established partnerships with Coca-Cola, which released a pride series NFT collection on the network and Reddit, which announced that it was launching an NFT marketplace on the Polygon network on July 7.

    Most recently, it was announced that Polygon has been selected by Disney to be the only blockchain included in the 2022 Disney Accelerator program, a “business development program designed to accelerate the growth of innovative companies from around the world.”

    Interrupting the #GreenBlockchainSummit for some breaking news!

    We're excited to be the only blockchain chosen to be a part of the Disney Accelerator program. https://t.co/LaGU4bhidi

    — Polygon - MATIC (@0xPolygon) July 13, 2022

    Protocols launch on Polygon

    Further evidence of the rising popularity of Polygon as a go-to scaling solution for Ethereum has been the steady migration and integration of projects with the L2 network.

    48 Projects are landing on @0xPolygon with OnePlanet

    Thanks to all the Ark*One partner projects and @polygonstudios, we are all moving together to rebuild and grow the NFT ecosystem #onPolygon

    Read the full recap on Ark*One: https://t.co/lxTh6WVRJB pic.twitter.com/hnDtzmSA9S

    — OnePlanet ˡᵃⁿᵈⁱⁿᵍ ᵒⁿ ᴾᵒˡʸᵍᵒⁿ (@OnePlanet_NFT) July 8, 2022

    Aside from the recent NFT projects that have migrated to Polygon, other new additions include the permissionless, credit protocol RociFi, and WOO network’s multi-chain decentralized exchange.

    MATIC has also seen a growing number of platforms that offer liquid staking for the token which enables holders to earn staking rewards.

    2/3 Farming opportunities:@LidoFinance & @BalancerLabs - 12% APY@Stader_Polygon & @Meshswap_Fi - 13% APY@Claystack_HQ - 9% APY@ankrstaking - 9% APY

    — DeFi Pulse (@defipulse) July 12, 2022

    Related: Terra projects band together in migration to Polygon ecosystem

    Traders expect resistance at $0.75

    As for what comes next for MATIC price, market analyst and pseudonymous Twitter user Crypto Tony posted the following chart suggesting that the token could head higher toward resistance at the $0.75 level.

    MATIC/USDT 4-hour chart. Source: Twitter

    Crypto Tony said,

    “Looking for a flip of the EQ up to the range high. Would love to see us consolidate a bit longer underneath this area.”

    This outlook was further reinforced by Trader McGavin, who posted the following chart noting that MATIC is “Filling out the ascending triangle and looks ready to breakout in the coming days.”

    MATIC/USDT 1-day chart. Source: Twitter

    Trader McGavin said,

    “A breakout would open up a move to $0.80 and then $1. Ton of positive catalysts over the last few weeks driving this big move off the lows.”

    The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.



    Original: https://cointelegraph.com/news/3-reasons-why-polygon-matic-is-up-100-during-a-bear-market
    By: Jordan Finneseth
    Posted: July 14, 2022, 8:43 pm

    ]]>     0x     https://0xbt.net/blog/view/5547868/celsius-mining-unit-files-for-bankruptcy-just-months-after-announcing-ipo-intention Thu, 14 Jul 2022 20:31:00 +0000 https://0xbt.net/blog/view/5547868/celsius-mining-unit-files-for-bankruptcy-just-months-after-announcing-ipo-intention <![CDATA[Celsius' Mining Unit Files for Bankruptcy Just Months After Announcing IPO Intention]]> The mining unit filed for bankruptcy just few months after it said it intends to go public.


    Original: https://www.coindesk.com/business/2022/07/14/celsius-mining-unit-files-for-bankruptcy-just-months-after-announcing-ipo-intention/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
    By: Aoyon Ashraf
    Posted: July 14, 2022, 8:31 pm

    ]]>     0x     https://0xbt.net/blog/view/5547869/brazilian-congress-postpones-crypto-bill-vote-until-after-october-presidential-elections Thu, 14 Jul 2022 20:30:00 +0000 https://0xbt.net/blog/view/5547869/brazilian-congress-postpones-crypto-bill-vote-until-after-october-presidential-elections <![CDATA[Brazilian Congress Postpones Crypto Bill Vote Until After October Presidential Elections]]> Deputies were originally scheduled to consider the text this week, which has already been approved by the Senate.


    Original: https://www.coindesk.com/policy/2022/07/14/brazilian-congress-postpones-crypto-bill-vote-until-after-october-presidential-elections/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
    By: Paulo Alves
    Posted: July 14, 2022, 8:30 pm

    ]]>     0x     https://0xbt.net/blog/view/5547870/crypto-traders-say-inflation-already-priced-into-bitcoin Thu, 14 Jul 2022 20:25:00 +0000 https://0xbt.net/blog/view/5547870/crypto-traders-say-inflation-already-priced-into-bitcoin <![CDATA[Crypto Traders Say Inflation Already Priced Into Bitcoin]]> “It’s the same old devastating and boring accumulation phase,” one trader shared.


    Original: https://www.coindesk.com/markets/2022/07/14/crypto-traders-see-few-tailwinds-for-bitcoin-prices-despite-inflation-gauge-alarms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
    By: Shaurya Malwa
    Posted: July 14, 2022, 8:25 pm

    ]]>     0x     https://0xbt.net/blog/view/5545057/market-wrap-bitcoin-surges-as-fed-governor-talks-down-100-basis-point-rate-hike-coindesk Thu, 14 Jul 2022 20:19:00 +0000 https://0xbt.net/blog/view/5545057/market-wrap-bitcoin-surges-as-fed-governor-talks-down-100-basis-point-rate-hike-coindesk <![CDATA[Market Wrap: Bitcoin Surges as Fed Governor Talks Down 100 Basis Point Rate Hike - CoinDesk]]> Market Wrap: Bitcoin Surges as Fed Governor Talks Down 100 Basis Point Rate Hike  CoinDesk


    Original: https://www.coindesk.com/markets/2022/07/14/market-wrap-bitcoin-surges-as-fed-governor-talks-down-100-basis-point-rate-hike/

    rssimport:source : CoinDesk

    Posted: July 14, 2022, 8:19 pm

    ]]>     0x     https://0xbt.net/blog/view/5547871/market-wrap-bitcoin-surges-as-fed-governor-talks-down-100-basis-point-rate-hike Thu, 14 Jul 2022 20:19:00 +0000 https://0xbt.net/blog/view/5547871/market-wrap-bitcoin-surges-as-fed-governor-talks-down-100-basis-point-rate-hike <![CDATA[Market Wrap: Bitcoin Surges as Fed Governor Talks Down 100 Basis Point Rate Hike]]> U.S. Federal Reserve Governor Christopher Waller said he supports hiking interest rates by 75 basis points in July, alleviating some fears of a 100 basis-point raise.


    Original: https://www.coindesk.com/markets/2022/07/14/market-wrap-bitcoin-surges-as-fed-governor-talks-down-100-basis-point-rate-hike/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
    By: Jimmy He
    Posted: July 14, 2022, 8:19 pm

    ]]>     0x