Bitcoin (BTC) plunged 7.38% to hit its five-month low of $29,313 on Tuesday as the market stared at the prospect of another sell-off, this time led by miners affected by a recent crackdown against cryptocurrency entities in China. Bitcoin drops below $30K for the first time since January 2021. Source: TradingView.com The People’s Bank of …
Continue reading “A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report”
The German Football Association (DFB) has officially announced the debut of national soccer team nonfungbile tokens (NFTs) in partnership with a major blockchain-based fantasy soccer game provider Sorare. As part of an official license agreement, the DFB will create digital collectible cards on the Ethereum blockchain of 18 players on the German national team through Sorare’s …
Continue reading “Germany commemorates Euro 2020 soccer team with NFTs”
Launched in August 2020 as a fork of the Uniswap decentralized exchange, SushiSwap briefly surpassed its competitor. Now ranking third behind Uniswap’s v3 and v2, the DEX rolls out numerous integrations with major networks beyond its native Ethereum blockchain to offer users a single entry point and lower fees. The SushiSwap protocol is one of …
Continue reading “Cointelegraph Consulting: A review of SushiSwap roll-outs”
Bitcoin Price Prediction – June 22 As revealed by the daily chart, the Bitcoin price remains flat and it is unable to break above $36,000 or below $31,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $40,000, $42,000, $44,000 Support Levels: $25,000, $23,000, $21,000 BTCUSD – Daily Chart Buy Bitcoin Now While remaining …
Continue reading “Bitcoin Price Prediction: BTC/USD Unable To Break Above $33,260”
It was a bloodbath in the market on Monday. Those looking for the best cryptocurrency to buy will undoubtedly be feeling anxious as there’s no telling where the bottom is. Still, experienced investors know that market crises are where there are the most opportunities. Warren Buffett, perhaps the greatest value investor alive, once said, “Be …
Continue reading “5 Cryptocurrency to Buy When the Fear is High”
The cryptocurrency market continues its rough period. It has declined in value by nearly 50% since May 12, when Other indicators suggest that bitcoin is going to be the strongest crypto during the current slump. Its share of the market’s overall cap has risen from 39% on May 19 to 46.8% today. It’s likely to …
Continue reading “5 Next Cryptocurrencies to Explode After this Crash”
Another mining crackdown in China has yet again affected the prices of cryptocurrencies. The largest altcoin,Source: TradingView Ethereum has remained in a bearish zone since the weekend, similar to bitcoin. The token has traded below the $2000 support levels has now lost more than half of its value compared to when it peaked at over …
Continue reading “Ethereum Price Sits at $1884.03 after 6.6% Dip – How to Buy ETH”
Just last week, Bitcoin had shown great promise of recovery after pushing to $40K. The uptrend came after Elon Musk claimed that Tesla would accept BTC payments again if miners adopt renewable energy. However, the hype of that announcement seems to have died down, and the largest cryptocurrency in terms of market cap is now …
Continue reading “Bitcoin Price Loses 0.3% at $32,843 – How to Buy BTC Dip”
Cardano creator Charles Hoskinson is looking at the protocol’s longevity and whether it can compete with a series of planned upgrades to the smart contract leader, Ethereum. In an interview with Yahoo Finance, Hoskinson is asked whether ETH 2.0 has the potential to dampen enthusiasm for and adoption of Cardano. ADVERTISEMENT According to Hoskinson, …
The United States-based venture capital fund Andreessen Horowitz (a16z) has picked T-Systems MMS validator group, a subsidiary of Deutsche Telekom, to delegate its native Celo (CELO) assets. According to a notice on Deutsche Telekom’s website on Tuesday, T-Systems MMS is running the validator nodes via the company’s Open Telekom Cloud which reportedly delivers robust security capabilities. …
Continue reading “A16z taps Deutsche Telekom subsidiary as Celo validator”
BTC.com — a major crypto mining pool that is operated by BIT Mining and owned by the NYSE-listed Chinese lottery service provider 500.com — has announced the successful relocation of its first batch of mining machines to Kazakhstan. BTC.com was founded by Jihan Wu and was operated by Bitmain and Bitdeer until its acquisition by …
Continue reading “Denied electricity, world’s 5th-largest mining pool leaves China for Kazakhstan”
China’s crackdown on Bitcoin (BTC) mining and cryptocurrency trading recently became a primary driver for the red candlesticks on crypto market charts. But one Bitcoin mining engineer believes China’s ban on crypto is “fantastic news.” Brandon Arvanaghi, a former security engineer at crypto exchange Gemini, compared China’s harsh stance against Bitcoin with the country’s ban …
Continue reading “China’s crackdown means Bitcoin is working, says crypto miner”
Billions of dollars have flowed into decentralized exchange protocols based on the automated market maker (AMM) model, which bootstraps network effects by incentivizing liquidity with project tokens, thereby creating a self-contained ecosystem of traders and yield earners. This mechanism has allowed decentralized exchanges (DEXs) to compete for the first time with centralized counterparts, such as …
DeFi users have stuck with Polygon despite lower gas fees on Ethereum DeFi on polygon continues to experience record growth due to its affordability Total DeFi users on MATIC have exceeded 420k On June 15th, the total value locked on Polygon hit an all-time high of $11.85 Billion DeFi users that have interacted with Polygon (MATIC) …
Continue reading “Polygon Retains DeFi Users Despite Lower Fees on Ethereum – Report”
Microstrategy CEO believes that Satoshi Nakamoto deserves a Nobel Prize in Economics Mr. Saylor also adds that Satoshi should receive another Nobel Prize for the invention of a monetary system that does not rest on the threat of violence Microstrategy recently bought 13,009 Bitcoins for $489 million Michael Saylor and Microstrategy are playing the long …
Continue reading “Satoshi Nakamoto Deserves a Nobel Prize in Economics – Michael Saylor”
