26. Januar 2023
• Peter Schiff is a businessman, author and financial analyst who is known for his bearish views on the US economy and the Federal Reserve.
• Despite Bitcoin’s recent impressive performance, Schiff continues to criticize it, believing it is closer to its ceiling than to its floor.
• He has advised people to sell their Bitcoin as he anticipates the entire rally to reverse and the price to plummet.
Peter Schiff is a well-known businessman, author and financial analyst from the United States. He is the CEO and chief global strategist of Euro Pacific Capital, an investment firm specializing in foreign markets. His views on the US economy and the Federal Reserve have been consistently bearish, as well as his criticism of government spending and economic intervention. He is also highly critical of Bitcoin, the world’s largest cryptocurrency.
Despite its impressive performance since Schiff’s prediction, with an increase of 27%, he continues to despise Bitcoin. Commenting on the recent surge in BTC’s price, Schiff stated that the yellow line that was previously thought to be support is now seen as resistance, and that holding on to Bitcoin at this point is a bad idea because the upside potential is so small and the downside risk is so great. He has urged people to sell their Bitcoin, expecting the entire rally to reverse and the price to plummet below its initial value.
Schiff’s views are not shared by the majority of crypto enthusiasts, who have been largely optimistic about the future of Bitcoin. They point to the increasing institutional interest in the cryptocurrency, as well as its use in the global payments system, as factors that will drive its value up in the long run.
Despite the differing views, it appears that the cryptocurrency market is here to stay. As more and more investors become aware of the potential of Bitcoin and other cryptocurrencies, the market will continue to grow and evolve. Whether or not Peter Schiff’s predictions come true remains to be seen, but it is clear that the cryptocurrency industry is here to stay.
17. Januar 2023
1. The global crypto market cap recently hit $1 trillion, however currently it has dropped to $981 billion.
2. Chris Burniske, a former associate at ARK Invest and crypto analyst, predicts that the crypto market will mirror 2019, when Bitcoin and Ethereum both surged by 4X.
3. He urges investors to buy the dip even if the market makes a bearish move.
The recent surge in the world’s two largest cryptocurrencies, Bitcoin and Ethereum, has pushed the global crypto market cap to unprecedented heights. For the first time since November 2022, the market cap reached the $1 trillion mark. Although, currently the global crypto market cap has dropped to $981 billion, it is still an impressive figure.
The crypto market is being closely monitored by many crypto analysts, one of which is Chris Burniske, a former associate at ARK Invest. Burniske is predicting that the crypto market will repeat what happened in 2019, when Bitcoin and Ethereum surged by 4X. He believes that the current market situation is not just a short-term rally, meaning that it could potentially reach the same heights as 2019.
Burniske is urging investors to buy the dip even if the market makes a bearish move. He claims that it is “painful to be on the sidelines for a move like that” and that investors should enjoy the ride and buy more if the market retraces later. The crypto analyst is convinced that the crypto market will once again mirror 2019 and that investors should take advantage of this opportunity.
Overall, the crypto market is showing signs of a potential repeat of the 2019 market movements. Chris Burniske, a former associate at ARK Invest, believes that the market will once again reach the same heights as it did in 2019 and he is encouraging investors to buy the dip. It remains to be seen what the future holds for the crypto market, but it is certainly an exciting time for investors and traders.
9. Januar 2023
– Balancer Labs issued a statement warning certain liquidity providers to withdraw their funds from 5 liquidity pools totaling $6.3 million
– The five pools in question include Tenacious Dollar on Fantom, It’s MAI life, and Smells Like Spartan Spirit on Optimism, as well as DOLA / bb-a-USD on Ethereum.
– Balancer Labs has set some of the pools‘ fees to zero in order to mitigate the issue.
Balancer Labs, the company in charge of managing the development of Balancer (BAL) DeFi, recently released a statement warning liquidity providers to withdraw their funds from five liquidity pools. The statement was released on Twitter and came with a dire warning for users of the five pools. According to Balancer, the five liquidity pools total $6.3 million and include Tenacious Dollar on Fantom, It’s MAI life, and Smells Like Spartan Spirit on Optimism, as well as DOLA / bb-a-USD on Ethereum.
The statement also mentioned that Balancer Labs has put some pools‘ fees to zero in order to mitigate a related issue. This means that even though fees will still be collected by the pools, Balancer’s liquidity providers will not be able to earn transaction fees on these pools.
Balancer Labs has also said that liquidity providers do not need to take any additional action if an emergency multisig has set a pool’s transaction costs to zero. They have also said that the issue will be publicly disclosed in the near future.
Therefore, Balancer Labs is urging liquidity providers to remove their liquidity from the five pools as soon as possible. It is important for users to understand the implications of this issue and to act accordingly to protect their funds. By withdrawing their funds from the pools, users can avoid any potential losses.
In conclusion, Balancer Labs has issued a statement warning liquidity providers to withdraw their funds from five liquidity pools. The five pools total $6.3 million and include Tenacious Dollar on Fantom, It’s MAI life, and Smells Like Spartan Spirit on Optimism, as well as DOLA / bb-a-USD on Ethereum. Balancer Labs has set some of the pools‘ fees to zero in order to mitigate the issue, and is urging liquidity providers to withdraw their funds from the pools as soon as possible.
2. Januar 2023
• Coinbase Exchange is one of the oldest and safest cryptocurrency exchanges in the world.
• Coinbase fees are based on a Maker-taker model and range from 0.40-0.60%.
• It supports more than 500 crypto-to-crypto trading pairs and 100+ countries, and allows users to deposit and withdraw funds via various methods.
Coinbase Exchange is a leading cryptocurrency exchange founded in 2012 by Brian Armstrong and Fred Ehrsam. It is one of the oldest and safest crypto exchanges in the world, and it has become a trusted platform for buying, selling, and trading cryptocurrencies. Coinbase is based on a centralized exchange model and provides users with the ability to spot trade, margin trade, and derivatives trade.
Coinbase fees are based on a Maker-taker model and range from 0.40-0.60%. This means that the fees vary depending on the maker or taker of the transaction. For makers, the fees range from 0.40-0.50%, while for takers, the fees range from 0.50-0.60%. Coinbase also offers a variety of trading pairs, with over 500 crypto-to-crypto trading pairs available.
The exchange supports more than 100 countries, and users can deposit and withdraw funds via various methods, including ACH bank transfer, bank wire transfer, PayPal, SEPA withdrawal, USD wire transfer, and USD ACH transfer. Withdrawal fees are set at 1%, and there are no charges for deposits. Coinbase also has its own mobile app for iOS and Android devices, allowing users to buy, sell, and trade cryptocurrencies on the go.
In terms of security, Coinbase is one of the safest crypto exchanges in the world. It has implemented a number of measures to ensure the safety of its users, including two-factor authentication, secure storage of funds, and fraud protection. The exchange also complies with the highest standards of legal and regulatory compliance.
Overall, Coinbase is a great choice for those looking for a reliable and secure cryptocurrency exchange. It has low fees, a wide range of trading options, and supports many countries and fiat currencies. It also has a mobile app and a number of safety measures to ensure the security of its users.