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The Crypto Report: Cryptocurrencies have a mini bounce but investors still cautious

Cryptocurrencies experienced a mini bounce, but investors remain “highly cautious” following Terra and Luna’s crash. Bitcoin was up 2.79% to US$30,358, as the coin continues to flirt at the key support level of US$30,000. Ethereum on the other hand was up 2.67% to US2,072, also lingering around its own key support level of US$2,000. According to Naeem Aslam, a market analyst at Avatrade, “the collapse of Terra and Luna has made crypto investors highly cautious and brought them bad memories of the past”.

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The Crypto Report: Cryptocurrencies rally with confidence remaining in the broader market

Cryptocurrencies recovered some lost ground, with Bitcoin going above US$30,000, a sign confidence may not have been knocked too much by Terra’s and Luna’s crash. Bitcoin, the largest coin by market cap, rallied 13% to go to US$30,434, recovering from a low of US$26,000 yesterday. Ethereum also surged 13%, climbing to US$2,100. The coin had dipped well below US$2,000 in the last 24 hours, to as low as US$1,700. According to Ipek Ozkardeskaya, a senior analyst at Swissquote, “the dust seems to be settling in cryptocurrencies”.

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The Crypto Report: Cryptocurrencies continue to tumble as investors get anxious over stable coins

Cryptocurrencies fell again with traders beginning to get nervous about the value of stable coins linked to the US dollar. Bitcoin, the largest token by market cap, fell for the sixth consecutive day, losing 2.50% to US$31,430. Ethereum lost 1.98%, also falling for the sixth consecutive day, with the coin changing hands at US$2,366. According to Naeem Aslam, a market analyst at Avatrade, Bitcoin’s recent price battering is “mainly due to the fact that crypto traders are nervous about Terra’s US Terra (UST) peg with the dollar”.

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‘There are many risks associated with cryptocurrencies,’ says Janet Yellen

Treasury Secretary Yellen answers questions from the U.S. Senate Banking Committee on regulation of cryptocurrencies. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available…

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The Crypto Report: Cryptocurrencies rally as Elon Musk strikes Twitter deal

Cryptocurrencies rallied to offset some of the losses made in the last week, mirroring the two tech stock indices as Elon Musk reached a deal to buy Twitter. Bitcoin, the largest coin by market cap, gained 4.06% to US$40,572, its highest value in four days. The cryptocurrency is trading just above its key support level, having dropped as low as US$38,338 yesterday. Ethereum also climbed, up 5.55% to US$3,001. Like Bitcoin, it is trading just above its key support level of US$3,000, and at its highest level since Thursday.

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Crypto stocks decoupling from many cryptocurrencies

CNBC’s Kate Rooney joins ‘Squawk on the Street’ to discuss crypto stocks and cryptocurrencies.

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Elon Musk Explains How 1 Bitcoin Could Reach OVER $120,000 | Cryptocurrency News

Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to…

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Top 10 Cryptocurrencies In the world in 2022(best cryptocurrency to invest in 2022)

Looking for the next cryptocurrency to invest in? Not sure which is worth your time and money? In this video, I will show you the top 10 cryptocurrencies in the world, ranked by their potential for growth. See how much these coins could be worth in 2022 and see what makes them so attractive to investors. Top 10 Cryptocurrencies:1) Bitcoin (BTC)2) Ethereum (ETH)3) Litecoin (LTC) 4 ) Ripple (XRP); 5 ) Dash (DASH); 6 ) Monero(XMR); 7 ) Bitcoin Cash(BCH) 8 ) Zcash: 9 )……………. #1 RECOMMENDATION AND THE BEST…

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The Crypto Report: Cryptocurrencies edge higher as investors eye ECB’s monetary policy decision

Cryptocurrencies moved higher, mirroring wider markets, with traders eagerly awaiting the European Central Banks’ (ECB) monetary policy decision. Bitcoin increased 2.89% to US$41,265, clawing back some of the almost 6% losses suffered earlier in the week. The largest coin by market value had briefly dipped below the key resistance level of US$40,000 yesterday. Ethereum was up 1.64% to US$3,106, reaching its highest level since the start of the week. Some of the other movers include Solana, which was up 2.24% to US$106,48, Terra, which climbed 3.12% to US$88.64 and Avalanche,…

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How cryptocurrencies may all ‘come crashing down’: Michael Lewis

#Crypto #Bitcoin #BTC Author Michael Lewis joins ‘Influencers with Andy Serwer’ to share his thoughts on crypto investing and today’s stock market structure. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo…

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