Author: dfmines

Cryptocurrency News and Public Mining Pools

Hamster Kombat user drop ‘expected’ but team plans to ‘re-engage’

Hamster Kombat is planning its comeback as Telegram Mini Apps Paws and Blum surge in popularity. 

Coinbase CEO States Elon Musk’s D.O.G.E. Is a ‘Once-in-a-Lifetime Opportunity’ for Economic Freedom

Brian Armstrong, CEO of the U.S.-based crypto behemoth Coinbase, has favored the future efforts of the Department of Government Efficiency (D.O.G.E.), using Musk’s and Ramaswamy’s ideas to trim the fat in state bureaucracy and cut state spending. Coinbase CEO Brian Armstrong Praises Elon Musk’s D.O.G.E. Proposal, Examines Possible Outcomes The Department of Government Efficiency (D.O.G.E.), […]

Import JSON into Kraken or Metamask

I have an encrypted JSON file that I know the password to with a small amount of eth in it. How can I open my wallet to send to an exchange such as kraken? Kraken doesn’t allow importing of json, and neither does Metamask (even though it says it does here https://support.metamask.io/managing-my-wallet/accounts-and-addresses/how-to-import-an-account/) so I presume…
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Bitfinity Network launches Bitcoin L2 with $12M backing

Bitfinity Network secures $12M to bring EVM compatibility and expanded DeFi functionality to Bitcoin using ICP’s Chain Fusion.

TRON DAO Unveils HackaTRON Season 7 Qualifiers and Winners, Backed by Google Cloud as Diamond Sponsor

PRESS RELEASE. Geneva, Switzerland, November 19, 2024 – TRON DAO, in collaboration with co-hosts HTX DAO, BTTC, and JustLend DAO, proudly announced the qualifiers and winners of HackaTRON Season 7, a dynamic hackathon that united global innovators and showcased exceptional talent within the TRON ecosystem. TRON was honored to have Google Cloud as a Diamond […]

President Trump’s Media Company Reportedly Targets Bold All-Share Takeover of Crypto Exchange

President Trump’s Trump Media and Technology Group (TMTG) is reportedly in advanced talks to acquire Bakkt, a cryptocurrency trading venue owned by Intercontinental Exchange (ICE), in a potential all-share takeover, according to a report by the FT. With TMTG’s equity valuation at approximately $6 billion, the company is leveraging its market position to expand beyond […]

Crypto Analyst Warns of Potential Bitcoin Market Shift as Exchange Reserves Decline

Bitcoin has recently been on a notable upward trajectory, trading near its new all-time high above $93,000. While this surge has heightened investors’ hope, analysts seem to be paying more attention to a deeper, long-term shift that could impact BTC’s future market price. Related Reading: Bitcoin Demand Outpaces Supply – On-Chain Metrics Reveal Low Seller Volume Market Shift Incoming For Bitcoin According to CryptoQuant analyst KriptoBaykusV2, an evident shift observed in the Bitcoin’s market is from its dwindling exchange reserves. The analyst reveals that the reserves have fallen from roughly 3.2 million at the beginning of 2023 to under 2.6 million today, signaling that more investors are moving their BTC from exchanges to cold storage. This movement typically suggests long-term holding intentions and less immediate selling pressure, which could lead to reduced market liquidity. KriptoBaykusV2 notes that a shrinking exchange reserve could pave the way for a potential market correction, especially as Bitcoin approaches the psychological threshold of $100,000. As prices rise, new market entrants and existing holders may become more inclined to take profits, potentially leading to an increase in sell orders and a temporary surge in exchange reserves. A Long-Term Bullish Outlook Despite the potential market correction, the broader implications of Bitcoin’s shrinking exchange reserves remain noteworthy. This decline also highlights a structural trend that may favor a long-term bullish outlook. The CryptoQuant analyst mentioned that as more investors choose to hold their Bitcoin off exchanges, the overall supply on trading platforms decreases, contributing to reduced liquidity. Should demand rise, this scarcity effect could intensify upward price pressures, potentially fueling the next phase of a bull market. KriptoBaykusV2 also emphasizes that the current behavior of Bitcoin holders reflects a maturing market. Unlike previous cycles marked by rapid speculation, today’s investors appear to be making more informed, strategic decisions. Related Reading: Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead? This change is further highlighted by growing institutional interest in the space. Institutions often adopt longer-term strategies, moving their holdings to cold wallets for security, further contributing to the depletion of exchange reserves. The analyst particularly wrote: One critical point here is that investors seem to be holding the Bitcoin they withdraw from exchanges as part of a long-term strategy. This signals a maturing market, with more informed investment decisions. If institutional interest continues to grow, the pace of reserve depletion could accelerate, further increasing upward pressure on prices. Meanwhile, Bitcoin is still trading below its all-time high (ATH). When writing, the asset trades for $91,116, up by 1.1% in the past day.

Bitcoin metric breakout teases ‘inevitable’ 90% BTC price rally next

submitted by /u/DaRunningdead [link] [comments]

Writing contest about some of the most important Ethereum questions

Hey, we're organizing a writing contest with Gnosis, focused on some of the most important Ethereum questions: vanilla vs. liquid staking, protocol ossification vs. agility, L1 vs L2, and so on. It's based on the debates from Devconflict, with people like Vitalik, Martin Koeppelmann, Toni Wahrstätter from EF, Nixo from EthStaker, and many more. All…
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Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

Dennis Porter, CEO and co-founder of the Satoshi Action Fund, recently announced the open-sourcing of a document for enacting Strategic Bitcoin Reserve laws internationally. He stated that several lawmakers are using the legislative model and that a related executive order to implement it could be on its way. Satoshi Action Fund CEO Releases Strategic Bitcoin […]