Where do I stake ETH?
I’m about to pull some ETH off crypto dot com and am wondering what the safest staking method is currently. Hopefully their exit fees aren’t outrageous. submitted by /u/ClotworthyChute [link] [comments]
I’m about to pull some ETH off crypto dot com and am wondering what the safest staking method is currently. Hopefully their exit fees aren’t outrageous. submitted by /u/ClotworthyChute [link] [comments]
Solana surged to a three-week high ahead of this afternoon’s Federal Open Market Committee meeting (FOMC). The token rose for a second consecutive day, hitting a key price ceiling in the process. Cardano mainly consolidated on Wednesday, as prices fell from a recent high. Solana (SOL) Solana (SOL) was a notable gainer on Wednesday, as […]
Bitcoin keeps up the gains in U.S. stocks with hours to go until a decision on rate hikes and comments from Fed Chair Powell.
submitted by /u/amke12 [link] [comments]
Let's look back at some memorable moments and interesting insights from last year. Your top 10 posts: "Why is this address sending thousands of 0 ETH transactions?" "Are there still exchanges that don't require KYC" by u/_SaWT_ "Russia Attacked Ukraine, Ethereum Founder Vitalik Buterin Says In Russian: "This Is A Crime Against Ukrainian and Russian…
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Kumite NFT founder Gareb Shamus chats with NFT Steez about how NFT projects can engage with their respective communities through storytelling.
The first knee jerk reaction from legislators is here. Senator Warren just introduced a bill titled "Crypto Anti Money Laundering Bill" that has major ramifications on how crypto will be treated. It seeks to classify every crypto entity including wallets, nodes, validators, dapps, developers etc as "money service businesses" and forces FinCEN to regulate these.…
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VanEck is one of a handful of companies that continues to fight for the approval of a Bitcoin Spot ETF. The U.S. investment management firm received a resounding rejection from the U.S. Securities and Exchange Commission in November 2021 after a three-year battle. Just six months later, on June 24 of this year, VanEck reapplied for approval of a physically-backed Bitcoin ETF all over again. The SEC’s decision is currently pending. Despite this support, the investment firm has made a bearish prediction for BTC into the first quarter of 2023. Matthew Sigel, head of digital asset research at VanEck, shared this assessment in a recent media presentation. BTC Price Could Drop To $10,000 “Looking ahead, Bitcoin could test $10,000-$12,000 as Bitcoin miner bankruptcies increase due to the drop in Bitcoin value and increasing electricity costs,” VanEck predicts. Related Reading: Bitcoin Price Hints At Potential Reversal, Buy The Dip? The investment firm believes that many miners will be forced to restructure or merge in order to find capital during difficult times. As Siegel explained, the mining industry is in a tremendous stress situation. We have an index which tracks the publicly traded companies in this sector; the median market cap is now below $200 million, and every one of these companies is burning cash, trading well below book value. In recent months, BTC has traded like a risk asset, Siegel said. What is surprising to the company, however, is its sensitivity to higher interest rates. VanEck sees one reason for this in policy responses to inflation in developed countries, which have capped energy prices and expanded sanctions against Russia. This has been a difficult proposition for Bitcoin mining, Sigel elaborated. Related Reading: Bitcoin Price Breaks Above $18,200 – CPI Data Comes In Better Than Expected Still, VanEck is optimistic that the BTC price could rebound to $30,000 in the second half of 2023 as inflation declines. Looking further, the investment firm points to the halving in 2024, an event that traditionally drives up BTC’s value. Bitcoin Miner Capitulation In Full Swing As NewsBTC reported, the second Bitcoin miner capitulation within one cycle has already started two weeks ago. Charles Edwards of Capriole Investments reported on November 28 that the hash ribbons had confirmed the start of the capitulation. Glassnode’s latest “Bitcoin miner net position change” data shows that miners have sold aggressively in the last two weeks, to an extent that historically has only been higher in early 2021. Bitcoin miner net position change (7d moving average). Source: Twitter Historically, miner capitulation has lasted an average of 48 days, so an end to the selling pressure could be foreseeable by mid-January 2023. However, this is not in line with VanEck’s Bitcoin prediction, which foresees a longer bear market. Despite the fact that miners have clearly given up their BTC holdings in the last week, the interesting thing about this currently is that the price of BTC is showing an upward trend. BTC price, 4-hour chart. Source: TradingView At press time, BTC was trading at $17,882, with today’s FOMC meeting starting at 14:30 ET very likely to have a significant impact on price action in the coming weeks.
submitted by /u/alecz123 [link] [comments]
Users’ emails, account numbers, and partial phone numbers were allegedly leaked.