Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Bitcoin․com Wallet Integrates Polygon (MATIC) Unlocking Secure Low-Cost Access to Thousands of Decentralized Applications

Bitcoin.com continues to improve access to high-throughput, low-fee decentralized networks for millions of people by integrating the Polygon network. Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has announced integration of the Polygon network to its self-custodial web3 wallet. The addition of Polygon […]

Anyone dual Mining RVN/ZIL?

All the information I find online is like a year old. Does RVN/ZIL still work on 4GB GPUs? I'm using team red miner. I got it working in windows on an 8GB card. But I do have a few 4GB cards running in HiveOS I don't want to retire just yet. submitted by …
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Binance CEO Declines Alameda’s Bid to Buy His Company’s FTX Tokens – Decrypt

submitted by /u/cannainform2 [link] [comments]

Daily General Discussion – November 8, 2022 (GMT+0)

Welcome to the Daily General Discussion thread. Please read the disclaimer and rules before participating.   Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading,…
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Crypto notches a win among professional accountants

The Financial Accounting Standards Board made a change in October to help public companies that hold cryptocurrencies on their balance sheets.

US Lawmakers ‘Deeply Concerned’ That SEC Is Enacting Rules Too Quickly, Without Sufficient Feedback

Two U.S. lawmakers have requested answers from the Securities and Exchange Commission (SEC) about its rulemaking process. Their request followed the latest SEC Inspector General report that “raises significant concerns that the agency is trying to enact too many rules, too quickly.” ‘SEC Is Enacting Rules Without Sufficient Feedback’ U.S. Senator Pat Toomey (R-PA) and […]

Can Solana (SOL) Sustain Its Google-Triggered Price Rally?

Solana (SOL) has been among the top gainers for the past weekend. This was due to the bullishness that followed the announcement that Google was now running Solana nodes. As expected, the price of the digital asset rallied in the time following the announcement, rising more than 15% to finally cross the $38 mark for the first time in almost two months. But as the market ushers in another trading week, can SOL hold its gains? Solana Sees Slow Start The beginning of the new week has come with some negative movement for Solana. In the last 24 hours, the digital asset has seen a double-digit decline which represents a fast fall in the last two days. So despite the bullish news from Google, investors remain bearish toward the cryptocurrency. Related Reading: Why Ethereum Would Have Been A Better Investment For MicroStrategy This shows weakness in the digital asset and a further inability to hang on to the gains that were recorded during the weekend. Investors are beginning to turn their attention towards its larger counterparts after sell-offs rocked the digital asset during the weekend.  Even the SOL trading volume saw a double-digit decline in the last 24 hours. As trading slows, so does the probability of the asset holding its value decline. It should be noted that SOL has fallen to about $31 at the time of this writing, which puts it dangerously close to its weekly low of $30.35. While this could be interpreted as bullish given that it still remains above its weekly low, it should be noted that the digital asset has lost about $6 off its value to reach this point. Nevertheless, Google’s news remains a long-term bullish indicator for not just SOL but the crypto market as a whole. It signals the entrance of players into the space that transcends just trading in cryptocurrencies such as Bitcoin and Ethereum and actually taking a more fundamental position in the market. SOL price falls to $31 | Source: SOLUSD on TradingView.com Working On The SOL Network The fact that Google has begun running validators on the Solana network has not been the only bullish news for the digital asset. Co-founder Anatoly Yakovenko has said that the network is actually working on a fundamental issue; the power outages that have rocked the digital asset. Related Reading: What Happens To Dogecoin If Twitter Fails To Implement Crypto Plans? Speaking at the Breakpoint 2022 annual conference in Portugal, Yakovenko explained that the team had worked on recent updates to help make the network more reliable. He explained that the multiple power outages that were recorded were “not the experience we want to deliver”. This could mean that the days of network blackouts for Solana are coming to an end. If so, it erases a significant pain point for users while reigniting faith in the network across the space. This, coupled with the fact that USDC issuer Circle is planning to launch a cross-chain transfer protocol of the Euro Coin (EUROC) on the Solana blockchain at the start of 2023, the next few months are shaping up to be quite bullish for the Ethereum competitor. Featured image from Crypto News, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…

Litecoin (LTC) Leads Gains With Over 24% Increase In The Week

Litecoin (LTC) has recently completed its most bullish week since June, following a remarkable rise. The “digital silver” registered over 24% gains in the last seven days alone. There’s no main catalyst for the token’s impressive rise. However, its gains come amidst its hash rate reaching a new all-time high during the week.  Furthermore, it has started the week off on a positive note by confirming its partnership with Wanchain. As far as the network’s interoperability is concerned, this news is a big win. Related Reading: Hive Blockchain Bucks The Bearish Trend By Holding $68 Million In Bitcoin Litecoin Joins Polygon To Lead the Top 20 Tokens In Gains In the previous week, Litecoin has gained 24%, propelling it into the top 20. These gains come despite other tokens in the top 20 league registering substantial losses and few gains. For instance, Bitcoin, the mother crypto, only gained around 1.65% in the past week, per CoinMarketCap metrics. In fact, no token in the top five positions recorded up to 5% gains. Besides Litecoin, Polygon is the other top-20 token with massive gains in the previous week. The Ethereum layer-2 protocol, MATIC, was seen showing gains of 40%.  LTC began a run on October 21 after reaching a low of $49.55. But November is setting up to be a bullish month for the altcoin. Since the beginning of the month, Litecoin has seen five consecutive days of rising prices. On November 7, it set a new intraday high of $73.29. This was the highest price since May of this year.  Most of LTC’s gains came on November 1st when the coin registered 15% gains in a single day. The main catalyst was MoneyGram’s announcement that it’d allow U.S.-based customers to purchase LTC and other cryptos in its app. Can LTC Keep up The Momentum? Considering its present position, LTC’s upward trajectory might soon level off. This is because the cryptocurrency has already reached extreme overbought levels during its recent bull run. At the time of publication, the RSI leading indicator for the token was also signalling a possible reversal. Looking closely at its price activity suggests further room for selling pressure. For instance, after hitting rock bottom in June, the price of litecoin has been steadily climbing inside an upward channel. In the final week of last month, it retested the line of resistance, raising the prospect of a reversal to the downside. In fact, in the past week alone, Litecoin has gained as much as 25. Its efforts to break out of the lower zone are likely diluted by traders grabbing quick profits. However, the absence of bullish pressure will make this fragile and allow the bears to gain ground. To put it another way, this is a fantastic chance for short sellers. LTC Mining Difficulty Reaches New High According to Litecoin Foundation, mining difficulty has set a new high of under 18 million hashes. As of Friday, November 5, the mining difficulty for Litecoin increased to 17.99 million hashes at block 2,363,707. Related Reading: Holding FTT And BNB? It Might Be Time For You To Get Out The spike in Litecoin’s mining difficulty suggests that additional miners have joined the network, increasing competition and making it more challenging to profit. Featured image from Pixaby and chart from TradingView.com

Identity providers for web3. Is there something like Civic (Solana) for Ethereum?

can you point me in the right direction? I'm looking for project doing soul-bounding between addresses and humans 😉 Civic -> https://www.civic.com/ submitted by /u/adv4nced [link] [comments]