Author: dfmines

Cryptocurrency News and Public Mining Pools

New investor here

Probably a nuisance, I know. Anyways I have a Gemini and coinbase “portfolio” as of now. I don’t want to deal with it forever, especially when I start getting more money involved. I want to outright own my crypto. If anyone has the time to take out of their day to get me going in…
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Radix Launches London-Wide Advertising Campaign

Radix, the layer-1 cryptocurrency built specifically for decentralized finance, has launched a London-wide advertising campaign to coincide with the arrival of its Alexandria update, using the #RadixTakeover hashtag. The Radix community has partnered with leading advertising agency S3 to orchestrate a campaign across the London Underground. The advertisements carry the message “Radix has arrived” and a link or QR code to a landing page with more information about the Radix network and token. The advertisements are displayed at thousands of individual Underground stations and are expected to receive millions of impressions. Londoners can share photos of the advertisements on Twitter with the hashtag “#RadixTakeover” for the opportunity to win 20,000 XRD, which is equivalent to roughly $5737 at the time of writing. There is also a bonus prize of 5,000 XRD to someone who Retweets the Tweet. Physical cryptocurrency advertisements have been a recent hot topic, with projects ranging from serious layer-1 cryptocurrencies such as Avalanche to “meme coins” such as Floki advertising in locations such as outdoor billboards and on buses. In November, the UK’s advertising watchdog launched an investigation into the Floki ads after receiving several complaints. While TfL (Transport for London) does not ban crypto advertisements, it does place them under additional scrutiny before approval. The community-funded Radix campaign coincides with the release of Alexandria, which provides “early access” to smart contracts for DeFi developers before the Babylon update in 2022 when smart contracts will go live on the mainnet. Developers can already start building with Scrypto, the smart contract language based on Rust and specially designed for DeFi. Although Radix does not yet have live smart contracts, it has already attracted a host of projects, including Radix Collection (which awards badges based on participation in the Radix network), Samuskycoin (a meme coin built on Radix, which raised over $70,000 in its seed round, and Ociswap, which aims to be the first decentralized exchange on Radix after the launch of Babylon in 2022. The project has drawn the attention of significant players in the crypto space, including the YouTube channel Altcoin Daily, which has produced several videos extolling the superiority of Radix as a technical solution for DeFi. Radix has been favourably compared to other coins such as Avalanche, Solana, Cardano and Ethereum, and has attracted investment from investors and venture capitalists including Saul Klein, Taavet Hinrikus, and Willy Woo. The Radix Tube ads are expected to run until 3 January, generating large publicity for the Radix network and raising the project’s overall visibility.  

Calling all HUMANS

Sick of being manipulated by the news, social media, and markets? Join my server and let’s take back what is ours https://discord.gg/9CNMJCE7 submitted by /u/TheAnointedOne5 [link] [comments]

Crypto Market Drops Back Into ‘Extreme Fear’ As Prices Struggle

The crypto market has continued to struggle after running out of steam with its last rally. During the last lap of the year, the market as a whole is not doing too well, although prices of cryptocurrencies are way higher than they were this time last year. Nonetheless, there have been some interesting trends that have emerged with the market crash that has seen prices stagnate at this time. The Fear & Greed Index has shown that market sentiment has gone into the extreme negative once again. With prices of top assets like bitcoin and ethereum trading below important support points, sentiment has fluctuated widely in the market but has mostly stayed in the negative. This time around, market sentiment has dropped low and landed in the ‘extreme fear’ territory. Related Reading | Algorand, Solana, And More Lead List Of Biggest Losing Altcoins Crypto Market Basking In Fear The crypto market has spent a good portion of the month of December in the fear territory. Market prices haven’t been the most favorable for the month and investors remain incredibly wary of getting into the market at such a time. Others have however seen this as a buying opportunity like in the case of MicroStrategy, which bought an additional 1,434 BTC bringing its total holdings to 122,480 BTC. The aggregate for the month of November came out to neutral on the sentiment side of things after a tumultuous end to an otherwise wonderful beginning of the month. That has spilled into December as Christmas rolls around. Market goes into extreme fear | Source: alternative.me Yesterday the Fear & Greed Index had peaked at 29 on the chart, putting the market in the fear territory. This was up a bit from last week where the market spent long stretches in extreme fear. Today, market sentiment again rolled into the extreme fear territory with a low 23 on the chart. The index being this low shows that there are low buying pressures in the market and high selling pressures. Sell-offs are still underway in various digital assets that have seen their prices dip into the red. As the market heads into the weekend which is usually characterized by low volatility, will the market be able to pull itself out of extreme greed? Bitcoin, Ethereum Suffer Losses Bitcoin had made a splash in the market when it had hit its new all-time high slightly above $69,000 at the beginning of November. This had sent the crypto market on what would be a memorable bull run as Ethereum came close to hitting the $5,000 mark not too long after. But this would only be short-lived as the downtrend had begun not too long after. Related Reading | Crypto Bull Cathie Wood Says Ethereum Is More Undervalued Than Bitcoin For Bitcoin, the digital asset had lost as much as $10,000 in a single day that sent it towards the low $40,000s. Ethereum on the other hand had held out for a while but succumbed to the downtrend in time. Bitcoin is now trading well below $50,000 after failing to hold above this price point this week. Ethereum is now trading below $4,000, a crucial support point for the digital asset. At the time of writing, bitcoin is trading at $47,141 and ethereum is trading at $3,826. Crypto total market cap at $2.16 trillion | Source: Crypto Total Market Cap on TradingView.com Featured image from Bitcoin News, chart from TradingView.com

South Park excoriates NFTs as investments in latest vision of post-COVID-19 future

“Another 30 seconds in that room and you would have started considering NFTs as a viable investment” was just one of the jokes the show used comparing NFT investments to insanity.

Bitcoin holder Ray Dalio gets into ether, praising crypto as he calls cash the ‘worst investment’

submitted by /u/International-Two607 [link] [comments]

YFI price gains 46% in just four days after Yearn Finance's $7.5M buyback

Its “decentralized” Treasury has more than $45 million and would pursue similar YFI buybacks in the future.

That’ it. I’m done, I am going to start liquidating my positions this weekend. Final Post.

So yeah. I recently learnt I have terminal cancer (stage 4 sarcoma) I'm 39 found a lump in my neck a few weeks ago. Crypto has been incredibly good to me. I started mining Ether in 2018 and have been heavily into defi and staking since late 2020 needless to say I have done well.…
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What do you see as the future of Polygon?

Do you think Polygon will start to get phased out by other ZK-rollups like Zk-Sync or do you think they will remain competitive in what they are doing? How about even after sharding on Ethereum comes out? submitted by /u/mybed54 [link] [comments]