Digital Currencies incl NFT etc. 02; (Apr 21 - Feb 23)

[winston]

Bitcoin has new narrative as the drop gets ‘too painful’

Bitcoin has lost roughly 60% this year and has been trading below US$19,000 (RM86,951) in recent days, down from a near-US$69,000 (RM317,000) high at the end of 2021.

The percentage of bitcoin that has not been moved for over a year has held steady – at 68%, the metric is currently at its highest level since 2014.

Source: Bloomberg

https://www.thestar.com.my/business/bus ... oo-painful

[behappyalways]

CBDCs Rising: Russia To Use Digital Ruble In Settlements With China
https://www.zerohedge.com/geopolitical/ ... ents-china

[behappyalways]

NFT Trading Volumes Have Collapsed 97% Since January Peak
https://www.zerohedge.com/markets/nft-t ... nuary-peak

[behappyalways]

Russia To Allow International Trade In Bitcoin, Crypto For Any Industry: Report
https://www.zerohedge.com/crypto/russia ... try-report

[winston]

The Price at Which Bitcoin No Longer Makes Sense to Mine

by ROSS KOHAN

The variable break is kind of in the $9,000 to $10,000 per Bitcoin range right now on the variable of like running the data centers for our customers.

Source: The Street

https://www.thestreet.com/video/price-b ... Bto%2BMine

[behappyalways]

Crypto hacked again in US$100 million theft of Binance coin
https://www.theedgesingapore.com/digita ... nance-coin

[behappyalways]

幣圈小白變巴菲特 FTX創辦人成90後最有錢男人｜FOCUS午間新聞 20221019
https://m.youtube.com/watch?v=0yLyXReGUKg

[behappyalways]

Bitcoin's Rapidly Changing Correlation Regime Suggests Investors Are Starting To View It As Safe Haven
https://www.zerohedge.com/markets/bitco ... ew-it-safe

[behappyalways]

In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents
https://www.cnbc.com/2022/11/05/-in-ban ... ether.html

[behappyalways]

The crytos are crashing again.....contagion effect on others???

https://mobile.twitter.com/biancoresear ... 5351146497

https://mobile.twitter.com/biancoresearch