Author: dfmines

Bitcoin’s surge above $48,000 catalyzed a strong move from REN, KEEP and FRONT.

I understand the differences between Ethereum and Ether. The former is the blockchain network where programs can be built on top and the latter is the native cryptocurrency that is used as an incentive for nodes to keep the system running and validated. My question is this: on exchanges, such as Coinbase, the commodity one…
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Unnamed sources familiar with the matter indicate the Biden administration may allow Federal Reserve chairman Jerome Powell to continue as the central bank’s lead. The news follows three U.S. representatives asking Biden to replace Powell with a central bank leader that addresses equality and climate change. Jerome Powell to Stay for Second Term, Sources Say […]

Mixin Network, a layer-2 PoS platform bringing speed and scalability to the blockchain, announced today it has integrated with Avalanche. Starting the partnership, Exin, one of the most active developer teams in the Mixin ecosystem, and which owns the popular staking product ExinPool, will join the Avalanche validator node ecosystem to provide secure and trusted…
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One of the largest BTC wallets, usually DCAing a few hundred BTC daily (skipping some other days), just got themselves 30533 BTC at $47k or 1,437,611,649.39 USD. ​ Wallet address https://bitinfocharts.com/bitcoin/address/3FpYfDGJSdkMAvZvCrwPHDqdmGqUkTsJys-full?__cf_chl_managed_tk__=pmd_LWS_b.SkFG26v2qBRk1xchwFlx99P.QXkue7HE2R.0g-1631725700-0-gqNtZGzNAzujcnBszRcl submitted by /u/Overflow0X [link] [comments]

Evolving Ethereum's Web3.js 🧬 We're rewriting Web3.js under version 4.x. It'll be a complete TypeScript modernization of the library at feature parity to what you've always used. Read Philip Ngo's latest blog to learn about our transition plan from 1.x, which we plan to deprecate in favour of the modern TypeScript 4.x rewrite. As part…
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submitted by /u/twigwam [link] [comments]

Bitcoin has now seen declining prices following the El Salvador Bitcoin law. The flash crash that had cleared at least $400 billion off the crypto total market cap has left lingering effects on the price of the digital asset. The price had plunged from $50,000 to $42,000 in less than an hour, leading to an 18% loss in about 30 minutes. While bitcoin has since recovered from its lows from the crash, the asset has not been able to recover to previous levels before the crash. Though the crash had affected most of the market, mid-cap coins have recovered the most from this. The Mid Caps Index had actually crashed along with the rest of the market. But subsequent recovery trends show that it had gained back a good percentage of its value since the crash. Related Reading | MicroStrategy Deepens Its Crypto Bet With Another $240 Million Spent On Bitcoin Mid Caps Index Outperforms In September In the month of September, the Mid Caps Index has grown 21% in September alone. This is a complete deviation from the patterns of other indexes, both the Small Caps and the Large Caps, which have both shown declines in the month of September. The Large Caps index is up only 1% in September. Likewise, keeping in line with the low recoveries, the Small Caps index is down 3% for the month. Mid Caps Index dominates market in September | Source: Arcane Research Bitcoin, which seemed to have held up well during the crash, has made the least significant recovery in the month. The asset shows the lowest performance in the month of September, down 5%, even lower than the Small Caps index. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course Altcoins have recorded better performances after the crash, despite taking the most hits with the flash crash. The week following the crash saw the altcoin market recover swiftly. Coins like Algorand which belong to the Mid Caps Index performed so well after the crash that it pulled the entire index up with it. While bitcoin has maintained low momentum and continues to struggle in the market. Bitcoin Maintains Market Dominance The performances of the indexes versus bitcoin have not had much of an impact on the market dominance of the asset. Although bitcoin lost some of its market dominance, the total for the week came out to be about 1% of market dominance lost to altcoins. Currently, the market dominance of the digital asset sits at 41.47%. The Mid Caps Index performance has seen the altcoin market creeping up to take more market share from bitcoin. BTC price trading above $47K | Source: BTCUSD on TradingView.com Bitcoin price has been showing some significant recovery patterns in the past few days. But there has not been any significant recovery in the price. The digital asset is gearing up for what looked to be a retest of the $48,000 resistance point, after having found a comfortable position above $47,000 ahead of the opening of the midweek market trading. Currently, the price is trading at $47,473 with a 24-hour price change of 2.11%. Chart from TradingView.com

EU officials have set their sights on significant direct funding for emerging technologies including blockchain.