Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Sent ETH via polygon through coinbase, it’s been stuck pending for 24 hours now. What can I do until I wait for the shocking customer service?

So I send 0.101 eth and normal it goes through fine but it’s been stuck pending like I said. Their support still hasn’t got back to for something 4 weeks ago so I’m not holding my breathe for this one. Is there anything I can do? There is no txid as it’s just stuck. …
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Metaverse firm implements NFTs into its Minecraft and GTA 5 servers

“We wanted to show Mojang that it could be done in a way that benefited them and benefited their player base,” said MyMetaverse CEO Simon Kertonegoro.

Cosmos ATOM Also Loses Its Gains As Market Fluctuates Heavily

ATOM remained an exception to the general downtrend of the crypto market for a couple of days as it continued to gain despite heavy price fluctuations of other tokens. The Ethereum Merge took place successfully on September 15th, marking a historic moment in the history of crypto. However, just as some analysts predicted, it did not result in a spike as optimists have forecasted. In fact, most cryptos, including ETH, and BTC, experienced a downturn at the same time. This confirmed the “Buy the rumor, sell the news” tag; crypto analysts conferred on the event in advance. Related Reading: XRP Price Rallied 7%, Is It Gearing To Test The Next Resistance? Nonetheless, one token continued to stand out amidst the bearish market trends, the native crypto of the Cosmos protocol. Despite the extreme market fluctuations, ATOM continued to glide upward, gaining up to 20% in 48hours. ATOM is trading below $16 at the time of writing, still above more than 10% of its pre-merge price of $14. The Cosmos native token has been experiencing its up and downs in an ever-ascending trendline, unlike the wider market. ATOM Gains Were Due To IBC and Staking Opportunities The recent gains lead back to the influx of protocols migrating to the Cosmos blockchain. After the crash of the Terra ecosystem, several projects rebuilt their operations on Cosmos Hub. Consequently, each project adds value to ATOM by participating in the inter-blockchain security system IBC. Cosmos also offers staking opportunities with a lucrative APY of close to 18%. Furthermore, the network is introducing different utilities into its ecosystem, which will increase the value of ATOM going forward. One of these is the liquidity staking the protocol is ready to launch. Additionally, protocols on Cosmos are preparing to launch their own stablecoins, with ATOM most likely the primary assets for minting. Recent Macroeconomic Events Contribute to Increased Market Volatility Meanwhile, recent macroeconomic events have increased bearish pressure on the digital assets market. As cryptos struggle to breach various price barriers and flip bullish, these factors bear down, causing the assets to fluctuate. Events like the recent release of the August inflation data reveal the continued rise of inflation. Related Reading: Chiliz (CHZ) Could Be Set For A Hot Streak With This Data Ethereum, for instance, has been rising and falling within the $1,700 and $1,500 range in the past seven days. Its volatility curve has been on a downward trend for the past week. The second largest crypto by market cap is down 11% since the Merge. ETH is currently trading below $1,500. As for Bitcoin, the crypto dropped below the $21,000 zero mark on Thursday in response to the Tuesday inflation data release. The first coin has been trading inconsistently within the range of $19,000 to $23,000. BTC is trading at above $20,000 at the time of writing. Featured image from Pixabay and chart from TradingView.com

Trip down memory lane: r/CryptoCurrency threads from 8-10 years ago

Inspired by a post over at an investing subreddit I thought it'd be fun to see what others were saying at the start of this subreddit and what's hung about! Worth mentioning I was definitely not around the subreddit at these times so I'm not entirely sure what the vibe was like back then. Sadly…
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Is frontrunning still an issue in POS?

Hi, when we still had POW consensus, miners could change the order of the transactions to frontrun. Is that still an issue in POS? I read that validators are randomly chosen and it takes multiple validators to validate a transaction. Does that mean it's impossible to control the order now? Thanks! submitted by …
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Argentine Inflation Skyrockets to Almost 80% YoY as Crypto Adoption Grows

Argentine inflation numbers were revealed last week, with the interannual Consumer Price Index (CPI) registering record levels reaching 78.5%. This puts the country second only to Venezuela in Latam in terms of high inflation, with prices rising almost 8% during August, hitting the pockets of Argentines. According to a survey by Bitso, this has caused […]

Spread the hashrate, get same rewards.

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

3 Cryptocurrencies to Buy and Hold Forever.

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

Chiliz Bulls Test $0.2505 Resistance – Can CHZ Reach Green Zone?

Increasing volume in Chiliz intraday trades pointed to a likely bullish comeback in the coin’s price. Since the start of trading today, the volume of Chiliz has increased from $395,564,490 to $694,854,345. Market capitalization rose from $1,203,242,510 to $1,222,317,487 as trading volume rose. Increases in both trading activity and market capitalization of this magnitude suggest that a turnaround may be in the works. This could be the case if we believe real-time data. A cup-and-handle pattern appears on the chart, suggesting a possible or current upswing. As a whole, the cryptocurrency market has been seeking to rebound from the unfavorable market conditions that have dominated the financial sphere, so the recovery should come as no surprise for Chiliz. Related Reading: AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data The ensuing crashes in April–August further reinforced the consensus that the crypto winter would last for some time. Chiliz Bulls Facing $0.2505 Resistance The bulls in this market are currently testing the $0.2505 resistance level. Resistance at the 38.20 Fibonacci level sits at $0.2615, thus this price range is below that. Any price action for Chiliz above these levels would signal a continuation of the bullish trend that began at $0.2505 and is currently in play. Indicators provide a similar positive rebound narrative. The momentum indicator maintains a V-shaped pattern, indicating that the present market trend is rising. The Awesome oscillator indicates a major bullish reversal at the 4-hour tick level. At the level of 5.78, the price oscillator indicates a strong buy signal for investors and traders. Related Reading: AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data The $0.2505 Barrier Poses Major Challenge To sustain current upward trend, it is necessary to overcome the barrier at $0.2505. This is the immediate resistance the bulls will encounter before a possible push towards the 38.20 Fibonacci level. Currently, though, the bulls may have overextended and lost some impetus. The price has failed to consolidate above the 50.00 Fib level, according to current data. This failure to surpass the 50.00 Fibonacci barrier and the following lack of momentum can transform the bullish price reversal into a bearish trend. A short examination of the 4-hour clock reveals the formation of a double triangular pattern that may influence the recovery of the coin. The base of the formation rests directly on the 78.60 Fib level. It is vital for bulls not to be swayed by this emerging pattern, as the CHZ coin’s recovery hinges on the larger price fluctuations at the 1-day tick mark. If the bulls maintain their pace, we may finally witness a net price increase in the coming days. CHZ total market cap at $1.4 billion on the daily chart | Source: TradingView.com Featured image from Somag News, Chart: TradingView.com

Do Online Crypto Casinos Have What It Takes To Last Long?

Online crypto casinos are beginning to gain ground in the gambling industry. Just as crypto has been able to penetrate other sectors, it has wormed its way into the heart of the online gambling industry, where players are looking towards crypto betting due to its unique advantages. Despite the growing popularity of online crypto casinos, there is still the question of whether these platforms will be able to stand the test of time. Since they are directly tied to the crypto market’s performance, their longevity can be determined by taking a look at the crypto market and its ability to endure. Online Crypto Casinos Are Better Online crypto gambling is beginning to garner favor among players, but it is still far behind in this industry that dates back more than 400 years. However, online casinos are able to provide users with important features they would not get from traditional exchanges. One of the leading advantages of online crypto casinos is the privacy that it provides users. When it comes to traditional casinos, users generally have to give easily identifying personal information, credit or debit card details, and bank information to gambling platforms. These leave a paper trail that shows the players’ activities across these casinos even when they do not wish for this information to be known. Photo by regularguy.eth on Unsplash The privacy provided by crypto casinos also ties in directly to the security issue; since traditional casinos have to collect bank and credit or debit card information, they have to store it somewhere. When these platforms succumb to hacking attempts, some or all of their user data are often compromised. This information is frequently sold on the dark web to other bad actors, which puts users at financial and sometimes physical risk. With cryptocurrencies, these risks are eliminated since users do not need identifying personal information to operate crypto wallets. As such, casinos do not need banking information to process deposits or withdrawals. Furthermore, the difference in ease of use between online crypto casinos and traditional casinos can be pretty stark. Where the latter often has convoluted processes to navigate their platforms, crypto casinos are designed for users’ ease and satisfaction. Add in the use of cryptocurrencies as a method of deposit and withdrawals, and it is a much faster, easier, and more efficient process for all parties. Some online casinos have been known to process crypto withdrawals in a matter of minutes. Another important advantage of crypto casinos over traditional casinos is that users can play no matter what part of the world they are from. Where players can often be restricted by banking and financial institutions from funding gambling accounts, crypto does not discriminate and works anywhere. Photo by Kaysha on Unsplash   Beating The Odds The unique advantages of online crypto casinos over traditional casinos have put them on a path to becoming formidable competitors in the space. It is even more evident in the fact that some well-known platforms are offering cryptocurrency deposits and withdrawals for online gambling. These platforms prioritize safety and user comfort while providing them with a wide variety of games to choose from, ranging from slots to casino table games and sports betting. It allows a broader user base of players to participate online in their favorite games without risking their privacy. Crypto online casinos are also affordable, with lower deposit minimums and the ability of users to handle their winnings how they choose. Crypto transactions also promote transparency on the part of the casinos since every transaction is stored on the blockchain and available to the public. Couple this with faster transactions, and online crypto casinos have got a recipe for success. Additionally, the growing mainstream acceptance of crypto payments will also drive the adoption of online crypto casinos. Players will no longer have to worry about restrictions or hidden fees/charges. A general distrust of banking institutions also plays into this mainstream adoption, and players are flocking to platforms that enable them to bypass dealing with these institutions. Given this, it is no longer a question of if online crypto casinos will be able to survive in the long run but rather a question of when crypto casinos will become the norm. With the growing acceptance of crypto payments, traditional casinos will have to switch to accepting crypto payments or risk getting left behind as the world moves forward with crypto.   Image by besteonlinecasinos from Pixabay