Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Low latency crypto trading platform CryptoStruct adds gateway to Deribit derivatives

Deribit, a cryptocurrency derivatives exchange based in Panama, announced today its been integrated into CryptoStruct, which now offers low-latency market data and order entry gateways to Deribit. Through using CryptoStruct’s high-performance strategy framework, clients can now easily scale their trading activity onto another exchange and thereby benefit from higher revenue potentials. “By including Deribit to…
Read more

What absolutely ridiculous thing will you be buying?

I think we all have the absolutely ridiculous thing we would love to own, that might serve no purpose or be useful in any way but we still wish we could buy it. It could be something crazy like a jetpack or a friend or even a wife. For me I've always wanted a sword…
Read more

Bitcoin Sentiment Suggests Serious Greed, But Will A Correction Come?

As Bitcoin made a new all-time high above $68k, the crypto market sentiment changed to extreme greed. Periods of such sentiment have lead to corrections in the past, but will the trend be similar this time? Bitcoin Fear And Greed Index Starts Pointing At Extreme Greed As per the latest weekly report from Arcane Research, the fear and greed index is now pointing at extreme greed as BTC makes a new ATH. The fear and greed index is a Bitcoin indicator that shows what the current crypto market sentiment is. The metric uses a numeric scale that ranges from zero to hundred to display the sentiment. Values below fifty signal that the market is currently sharing fear, while values above it imply investors are becoming greedy. If the indicator’s value goes above 75 or below 25, then it means the market is showing extreme greed or extreme fear, respectively. Periods with extreme values suggest the market could witness a reversal soon. A correction may follow extreme greed values, and a change to uptrend may follow from an extremely fearful market. Related Reading | How Bitcoin Has Performed Compared To Top Stocks Here is where the current Bitcoin fear and greed index needle points at: Looks like the crypto market is seriously greedy at the moment | Source: The Arcane Research Weekly Update – Week 44 As the above meter shows, the current market sentiment is that of extreme greed. This is an increase from last week as the values were in the normal greed territory then. This change is caused by BTC reaching a new ATH. Related Reading | S2F Creator PlanB Believes In $98k Nov Target For Bitcoin The market was also greedy last month. The below chart shows the trend in the value of the indicator over the past year. Crypto market sentiment has been in the greed territory for a while now | Source: The Arcane Research Weekly Update Week 44 The market has now seen one month straight of extreme greed or greed sentiment. The last time this happened was from August to September, and the streak then ended with the El Salvador day crash. This period of greed might suffer a similar fate. However, the report notes that during Spring the indicator’s value remained consistently high for a prolonged period. So it’s possible a similar trend could be seen in the coming weeks instead. BTC Price At the time of writing, Bitcoin’s price floats around $66.5k, up 4% in the last seven days. Over the past month, the crypto has gained 20% in value. Here is a chart that shows the trend in the value of the coin over the last five days: BTC’s price made a new ATH today, but has since come down a bit | Source: BTCUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, Arcane Research

How to crypto, a guide for people just starting and some info for all

Hi all, Hope your having a good week. So see a lot of the same questions on this sub in posts and in the daily, so I decided to make this to try to help all the newbies. Maybe others will learn too so lets get straight into it. TLDR Too long didn't read, a…
Read more

BNBMatrix: A BSC Based Yield Farming Dapp Offering up to 17% Daily ROI

Since its launch in September 2020 as a parallel platform by Binance, Binance Smart Chain (BSC) has been making its presence felt in multiple financial technology markets. With its low transaction fees, fast processing speeds, and compatibility with Ethereum Virtual Machine, it is offering an unbeatable user experience to NFT, Dapp, and DeFi developers. Taking all these attributes into account, BSC has revolutionized trading through its exchange with new and exciting Dapps getting launched every day. BNBMatrix.io is a yield farming Dapp on BSC. The goal is to make the most of the Binance Smart Chain without having to spend too much time and/or resources.   What is BNBMatrix? BNBMatrix is a smart contract-based investment Dapp written on the Binance Smart Chain. It became live in early November 2021 and since then, it has seen drastic growth. Benefitting from BNBMatrix BNBMatrix lets the investors generate stable daily returns from 7.8% to 17% on their investment. To get started, the smart contract offers the opportunity to invest as little as 0.001 BNB. The investors can withdraw the generated BNB at any time from their Dapp. Highlights Following are the key features of BNBMatrix: Strong security: The safety of the smart contract comes first and foremost, and BNBMatrix has been audited by HazeCrypto. No vulnerabilities, backdoors, or scam scripts were found in the BNBMatrix Smart Contract. Customer support: If the users have any grievances or concerns, BNBMatrix offers 24/7 customer support on Telegram for assistance. High ROI: With radical growth since its inception, BNBMatrix is on its journey to becoming one of the highest ROI programs amongst the yield farms on BSC. Between the deposit period of 7 and 30 days, the investors can get a 119% to 239% return on their investment. The longer the deposit period, the bigger the reward. Referral Program BNBMatrix pays an 11.5% commission over 5 levels of referral programs. The investors can share their referral links and allow their friends to join in while making additional profits. Closing Thoughts BNBMatrix is grabbing a lot of attention in the crypto industry given its clean and simple interface, and easy functionality. The smart contract has been experiencing constant growth in terms of user base with its attractive returns and referral levels that offer a wide scope of earnings to its investors. To get more information about BNBMatrix.io, head to their website or join their Telegram group.

ETH 2.0 Binance staking rewards down more than 35% since May?

Title is self-explanatory. I started to stake ETH 2.0 on Binance in May. As you know, the moment you stake your ETH, they give you an equal amount of BETH, which is tradeable The BETH/ETH pair is usually around 0.935 – 0.96, and I have even seen it ever so slightly above 1, but effectively…
Read more

Who remembers when Reddit ran a promotion to exchange Karma for Bitcoin 9 years ago?!

9 years ago, Reddit offered a conversion of karma to bitcoin! I wonder if the promotion is still in effect haha. Did anyone try this?! I know I submitted a request to convert, but probably did so incorrectly. Anywho pretty cool to look back on with the thought of reddit tokenizing karma – its not…
Read more

Most of the crypto in your bag won’t make it past this next bear market.

My journey in crypto began in December of 2017, and I had decided that I would focus on investing in crypto projects that had real world application to them. In my opinion, projects that focused on real world usage had the greatest upside. Listening to this subreddit, I was shilled some popular projects and did…
Read more

2Miners / Kawpow VS Prohashing / Ethash –> Payout to Ravencoin

So I have been doing some research to maximize my Ravencoin mining. As the title states I did a 24 hour test between 2Miners using Kawpow then 24 hours on Prohashing on Ethash with 100% payout to Ravencoin. Exact same rig, only optimizing overclocks for each algorithm. My results are conclusive, (Spoiler…Prohashing wins hands down)!…
Read more