Category: Cryptocurrency News

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

Self-custody is what crypto was built for, while bear markets are nothing new to Bitcoin and other cryptocurrencies, industry executives say.

There currently is an attack happening on an RPC that is used on the Fantom and Polygon network. The domain of one commonly used RPC seems to be hijacked. RPCs are basically your communication interface to the blockchain. You have to configure one in order to use your wallet e.g. Metamask. If you configured one…
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submitted by /u/Jopolkxz [link] [comments]

Following a move below $19,000 on Thursday, BTC was able to rise above $20,000 during today’s trading session. ETH also was able to remain above $1,000, following an attempt by bears to push price under this level during yesterday’s session. Bitcoin Bitcoin was trading marginally higher on Friday, as markets rebounded following a bearish session […]

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

First we're seeing fud that coinbase might be insolvent. Wich is just plain ridiculous if you check their revenue. They are literally a money making machine with all the fees from you apes. Next we're seeing those posts that they are selling geo location. Guess what almost all websites nowadays contains a google pixel. Wich…
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On Friday, the price of Shiba Inu (SHIB) increased, despite the fact that the rest of the cryptocurrency market is suffering significant losses because of a prolonged unfavorable trend. Apparently, the dog-themed coin’s price has risen 3.74 percent in the last 24 hours and is presently trading at $0.0000001026, leading the market in daily advances among the top 100 cryptocurrencies by market capitalization, according to statistics from CoinMarketCap. Bears have successfully knocked the price of Bitcoin (BTC) below the $20,000 threshold, diminishing market recovery hopes. Suggested Reading | Bitcoin Slides Under $20K – Another Collapse In The Offing? Shiba Inu Leads Top-Cap Cryptos Based on data from CoinMarketCap, the overall market capitalization of cryptocurrencies was $864 billion after falling 4% in the preceding 24 hours. Shiba Inu led the top-cap cryptos with gains between $1 and 4% over the same time frame. According to Coinglass statistics, the 10% drop in Shiba Inu price on Friday generated $1.44 million in SHIB futures liquidations across exchanges. Despite exhibiting strength in recent days, Shiba Inu was at risk of incurring additional losses. Even with the revelation of ShibsSwap’s Shib Inu burn portal rewards, the technical setup indicates that price growth will deteriorate. SHIB total market cap at $5.45 billion on the daily chart | Source: TradingView.com The SHIB burn portal was created to provide passive income to SHIB token holders who burn their tokens. The benefits would be distributed in the form of RYOHI tokens, with 0.49 percent of all transactions going to SHIB holders. After the establishment of the Shiba Inu burn portal, a SHIB “BURN Pool” was formed to provide incentives for the meme token’s burning. Suggested Reading | Ethereum (ETH) Hammered Down To $950 As Crypto Selloff Deepens Analysts See Shiba Inu In A Bull Run Meanwhile, the SHIB weekly chart displays a rise of 4.15 percent compared to the previous week. Moreover, the meme currency, with a market cap of $5.44 billion, is currently one of the most popular coins on CoinMarketCap, second only to STEPN (GMT). In related news, FXStreet analysts predict that the Shiba Inu price trend is bullish. Shiba Inu’s price turned a resistance level of $0.0000095 into a support level, and analysts anticipate the meme coin to surpass the next resistance level of $0.0000104, according to FXStreet. After bottoming out on June 20, the SHIB price began a tremendous rise. However, the rally encountered obstacles, resulting in a regression. After a brief consolidation period, SHIB bulls appear prepared for another rally. Featured image from Coinquora, chart from TradingView.com

I tried unsuccessfully to find a good resource that regularly updates/calculates the current inflation rates for cryptocurrencies. What is inflation of a crypto? I am invested into a small number of projects, but one key factor I focus heavily on is the inflationary nature of the native token or coin for a project. At its…
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A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report states that more than half of the consumers in Latam have at least made a transaction involving cryptocurrency. Also, a third of the surveyed declared having used a stablecoin to […]