Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

EU Lawmakers Attack Amazon’s Involvement in Digital Euro Project

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

The main thing pushing people away from DeCi is that you need weeks of research to merely start understanding it. But with CeFi anyone can start right away.

I’m a HUGE advocate for using DeFi on Ethereum as I think CeFi has completely opposite fundamentals from what crypto was initially created for, yet a lot of people still use it simply because it’s much easier. A lot of people (especially newcomers to Ethereum) feel very intimidated by DeFi and the many things that…
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Shiba Inu Fanbase Awaits Eternity Download Event – Will It Boost SHIB Price?

The original release of the blockchain implementation of Shiba Eternity occurred in Australia on September 17. Shiba Inu followed the larger market sell-off that began on September 13 and rallied nearly 7% from September 17-18. During this time span, the rally did not significantly alter market sentiment. New information about the game’s release, though, may add some hype. According to a recent tweet by Shib Rumours, the release date of the game is set for October 1. However, the latest post on the official Shiba Inu Twitter account indicates that the worldwide launch of the game will take place on October 6. SHIB has a current trading range of $0.00001073 – 0.00001154. Could the meme coin see a resurgence after the game’s release? Related Reading: Uniswap Could Slide Below Support Zone – No Demand For UNI This Week? Shiba Inu: Increasing Speed After the latest sell-off on September 18, an uptrend has been noted and has been very consistent up to the time of writing. Given that this occurred only a day after the Australia release, it’s likely that long-term token holders witnessed the price increase and sold off their holdings. During this period, the memecoin saw a pullback and plummeted 8.5% immediately. Currently, the recent price movements have created a head and shoulders pattern before to today’s breakout. During this breakout, the price increased by 2.9% Given the current state of Shiba Eternity, this price movement can be regarded as a sign of increased anticipation for the game’s October 6 release. ETH whales are also contributing to the hype train. According to WhaleStats, the top 1,000 Ethereum whales have more than $147.5 million. WhaleStats also regarded Shiba Inu as the token with the highest dollar value position. Related Reading: ApeCoin Performance Could Attract The Whales – How About The Bulls? Keeping A Close Eye On The Market Therefore, there are a few things that future Shiba Inu players and investors/traders should be aware of. One of these is that a price increase is frequently followed by a severe market correction, similar to what we experienced on September 18 following the rally on September 17. As of this writing, SHIB is trading at $$0.00001137, up 2.5 percent in the last seven days, data from Coingecko show, Saturday. As October 6 approaches, we will have a better sense of whether Shiba Inu will increase in value or decline further. SHIB total market cap at $6.29 billion on the daily chart | Source: TradingView.com Featured image from VOI, Chart: TradingView.com

Solana Outages. Round euhhh…

The Solana network is experiencing an outage and not processing transactions. Developers across the ecosystem are working on diagnosing the issue and to restart the network. More information will be provided as it becomes available. I guess it's becoming more and more the signature of this promising Blockchain… Obviously solutions is to restart the server…
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Reddit’s NFT avatars now among Top 10 collections on OpenSea

submitted by /u/luisantonio197 [link] [comments]

US Lawmakers Introduce Bill Allowing Crypto Investments in 401(k) Retirement Plans

Several U.S. lawmakers have introduced the Retirement Savings Modernization Act to provide 401(k) retirement savers access to a wide range of investments, including crypto assets. “With inflation at record highs, a stock market downturn, and a potential recession on the horizon, many Americans are rightfully concerned about their financial future,” said U.S. Senator Pat Toomey. […]

US State Issues Order Freezing Crypto at Exchanges in Pig Butchering Scam Crackdown

The Delaware Department of Justice’s Investor Protection Unit has issued a cease and desist order against 23 entities and individuals involved in a popular cryptocurrency scam known as “pig butchering.” The order also freezes the accounts allegedly holding cryptocurrencies belonging to the victims. Delaware Cracks Down on Pig Butchering Crypto Scam The attorney general of […]

Daily General Discussion – October 1, 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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The feds are coming for the metaverse — from Axie Infinity to Bored Apes

NFTs in the metaverse should generally be considered securities, but developers have been slow to recognize that fact. Expect a regulatory reckoning to come swiftly for Axie Infinity, Bored Apes, and other projects that have thrown caution to the wind.