Die Anwälte der Eigenkapitalgeber wollen einen gesonderten Repräsentanten einsetzen lassen, was jedoch zum Nachteil der Celsius-Nutzer sein könnte, denn diese sollten eigentlich bevorzugt werden.
US-Parlamentarier: Stablecoin-Gesetz könnte noch 2022 verabschiedet werden
Warren Davidson hält es für möglich, dass der vorliegende Entwurf zur Stablecoin-Regulierung noch durchgewunken wird.
Chainlink price prediction ahead of the SmartCon Conference
Chainlink price has had a difficult performance in 2022 as the cryptocurrency industry has struggled. LINK has crashed by more than 50% this year as the total value secured (TVS) in its platform has fallen from over $60 billion to less than $35 billion.
SmartCon Conference
September has been a busy month for cryptocurrency-focused events. Early this month, Near Protocol, hosted its NearCon Conference in Lisbon. It was a major event that saw representatives from leading projects like DAO Maker and Sweatcoin.
This week, Messari, the leading data analytics company, hosted the Mainnet event that had guests from companies like Cardano, Binance, Hedera, and Coinbase.
The next major event will be hosted by Chainlink. Starting from September 28th, the SmartCon Conference will have a whole slate of respected people in the tech industry. Some of the top speakers will be Eric Schmidt, the former CEO of Google, Arianna Huffington, Kain Warwick, and Ron Bodkin.
Historically, events tends to have an impact on cryptocurrency prices especially when there is a major announcement. For example, Near Protocol’s price did well during its event as investors reacted to some positive events like the launch of Sweat Economy.
The SmartCon Conference comes at a difficult time for Chainlink and other cryptocurrencies. In the past few months, the prices of most cryptocurrencies like Bitcoin and Ripple have crashed by more than 50% from its all-time high.
At the same time, the total value locked in decentralized finance (DeFi) has crashed from more than $150 billion to about $54 billion. This is notable since Chainlink is used widely in the DeFi industry, where it provides oracles. Oracles take external data from exchanges and then push it to DeFi platforms like Uniswap and Aave.
Chainlink price prediction
The daily chart shows that Chainlink price dropped to a low of $5.90 earlier this year. Since then, the coin has remained in a consolidation phase and managed to move slightly above the 25-day and 50-day moving averages. The Awesome Oscillator has moved to the neutral level.
Therefore, there is a likelihood that the coin will continue rising ahead of the upcoming SmartCon Conference. If this happens, the next key resistance level to watch will be at $9.6, which was the highest level in August.
The post Chainlink price prediction ahead of the SmartCon Conference appeared first on CoinJournal.
Bitcoin-Mining-Dienstleister Compute North stellt Insolvenzantrag
Mit Compute North meldet ein wichtiger amerikanischer Mining-Dienstleister Insolvenz an, der Geschäftsbetrieb soll zunächst jedoch wie gewohnt fortgesetzt werden.
Bitcoin price prediction as the US dollar index (DXY) spikes
Bitcoin price came under intense pressure this week as the VIX and the US dollar index (DXY) surged. It moved below the important support level at $20,000 and is trading at $19,125. The BTC/USD and BTC/GBP have crashed by more than 50% this year.
US dollar index surges
The BTC price has been in a steep sell-off in the past few weeks as the US dollar index has bounced back. According to Bloomberg, Bitcoin surged to $112.8, which was the highest level in more than 2 decades. This happened as the British pound dropped to the lowest level since 1987 and is now approaching the parity level.
The euro has dropped below parity and is at the lowest level in more than 20 years. Other currencies like the Swedish krona, Japanese yen, and the Swiss franc have also been in a steep downward trend lately.
The US dollar index strength continued after the Federal Reserve continued its hawkish tone this week. In its meeting, the bank decided to hike interest rates by 0.75%, bringing the year-to-date increase to 300 basis points. Notably, the officials warned that the bank will continue delivering jumbo rate hikes later this year.
The impact of the hawkish Fed became visible to the market as Bitcoin price crashed below $20,000. American stocks tumbled, with the Dow Jones, S&P 500, and Nasdaq 100 indices crashed by more than 1.80% on Friday. Bitcoin has a close correlation with US stocks.
At the same time, bond yields continued soaring, with the 2-year yield rising to 4.2%, the highest level in more than a decade. 10-year and 30-year government yields rose to 3.68% and 3.61%, respectively.
Therefore, there is a likelihood that the BTC price will continue struggling in the coming days as the Fed maintains its hawkish tone.
Bitcoin price prediction
The daily chart shows that the BTC price has been in a strong bearish trend in the past few months. It has moved below all moving averages and crossed the important support level at $20,704, which was the lowest point on June 26. The Relative Strength Index (RSI) has moved slightly below the neutral point.
Therefore, there is a likelihood that Bitcoin price will continue falling as sellers target the next key support level at $18,000. A move above the resistance level at $21,000 will invalidate the bearish view.
The post Bitcoin price prediction as the US dollar index (DXY) spikes appeared first on CoinJournal.