Author: dfmines

Cryptocurrency News and Public Mining Pools

Ravencoin Use Cases: Community Perspective

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

Right-wing Indian group calls for stricter crypto regulations

The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space.

Decentralized Twitter : Part 2

​ decentralized twitter Hey everyone, A couple of weeks ago a member of the Radix community posted a link to a #web3 Twitter DAPP the founder of Radix was working on that hit the first page … eeeek! He’s back with updates and this time more prepared! Here's a more comprehensive explanation of what the…
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BlockFi vs Celsius vs Nexo from security perspective

Hi r/ethereum! If you had to pick one, and the criteria is solely security of your assets, which one of these would you pick and why? submitted by /u/BusinessBreakfast3 [link] [comments]

Financial Advice – JUST DO NOTHING in this bull run

The best investing strategy is and will always be BUY and do absolutely NOTHING. You may hear stories of people trading their way to riches, but that only happens to less than 1% of people and my guess is their luck eventually begins to run out and they end up back where they started. People…
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Coingecko Publishes Q3 Crypto Report — BTC Outperformed Every Major Asset Class, Altcoins Decouple

On Thursday, the crypto asset aggregation portal Coingecko published the firm’s 2021 third-quarter report which shows a number of different findings. According to the study, for the most part, the crypto economy recovered from the market downturn in May as the top 30 market caps grew by 31% in Q3. The report shows that altcoins […]

Bitcoin Breaks $60,000 Ahead Of SEC ETF Approvals

Bitcoin has broken a new five-month high on Friday after breaking above $60,000. The digital asset had begun its ascent weeks prior at the beginning of October, a historically bullish month for cryptocurrencies. This rally has been mostly driven by rumors that the SEC is set to approve the first Bitcoin ETF in the United States. With news like this circulating in the market, traders have ramped up their activities in the market. The rumors have triggered massive buying activities in the market and this has led to the price rally we are currently witnessing in the market. Related Reading | Bitcoin Whales Accumulation Patterns Shows Strong Bullish Sentiment Among Top Holders Bitcoin has long been expected to break this price point but has encountered multiple roadblocks that have beaten the price back down. A significant point was the $52K market which the digital asset had broken back at the beginning of September. Expectations were that the asset would ride the wave up to $60K. However, a market crash had dragged the price back down towards the $40K price range. Buy The Rumor, Sell The News? Investors have been buying the rumor leading up to the SEC’s ETF decision. This has contributed greatly to the current rally. Order books are filled to the brim as investors, old and new, put more money into the market. BTC’s recent price gains have however raised questions with regards to the current market dynamics. Some have put forward that the market is responding to people buying the rumor. But that when the news of a bitcoin ETF approval arrives, investors who have been hoarding through the past couple of weeks will dump their bags as they sell the news. Related Reading | Why We Could See The First Approved U.S. Bitcoin ETF In October Concerns have been raised over this and investors are wary of the market dynamics. Nevertheless, others have said that this is only the beginning of the rally. If the market indicators are anything to go by, then the market will likely be riding out this bull to the first quarter of 2022. Bitcoin Price Movements Bitcoin has now touched above $60,000 for the second time on Friday. It had previously hit the price point but dip shortly after to the high $59K. The price had subsequently recovered above $60K, peaking at $60,351, according to TradingView. BTC price breaks above $60K for new five-month high | Source: BTCUSD on TradingView.com BTC is making great strides in recovery and has once again surpassed expectations for it. The market was expected to slide into a prolonged bear market but the asset has shaken off the bears. At this point, bitcoin is less than 10% away from a new all-time high. At the time of writing, BTC is trading a little below $60K at $59,919, with a total market cap of $1.129 trillion. The crypto market cap has not been left out of this recovery as the total market cap now sits at $2.45 trillion. Featured image from Pixabay, chart from TradingView.com

CFTC slaps Tether and Bitfinex with a combined $42.5 million fine

The settlement triggered concerns that the CFTC’s role in stablecoin regulation could be misunderstood by the public.

Crypto is going to go parabolic soon and I’m not sure everyone is ready. Please have a plan.

Would you be ready to make some difficult financial decisions in a few months after your investment potentially returns 10x what you initially put in? Is it actually safe sitting there wherever you've parked it? There are an incredible amount of scams out there especially when the crypto market is pumping up. Do you think…
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