Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Low hash price, soaring energy costs spell tough Q3 for Bitcoin miners

The third quarter of 2022 has not been any kinder to Bitcoin mining operators in North America and Europe.

How many GEN2 avatars are left?

Hi guys, I decided to make a list for whoever is curious how many avatars there are left until selling out: ​ 1. Orpheus the Thirsty(a) / Spooky Spaghetti(b) part of Spooky Season: oana193 x Reddit Collectible Avatars ​ a) 642/1000 minted ​ b) 269/665 minted ​ 2. Cosplay, part of Spooky Season: Canetoonist x…
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Well thats escalated quickly! Spooky Season started.

Yesterday Reddit launched a second collection of avatars, themed Spooky Season. Ofcourse referring to Halloween. At the moment only 10 different avatars are available after a crazy frenzy last hours. Bots and scalpers vs collectors and art fanatics. Some collections seem to have a low distribution %, wonder how it’s gonna move the markets. First…
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Global recession may last until near 2024 Bitcoin halving — Elon Musk

The world could be stuck with recession until Spring 2024, Musk guesses in a fresh blow to the risk asset outlook.

Fyre Festival island to be transformed into luxe, crypto-only resort

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

Celestia Raises $55 Million to Solve Blockchain Modularity Challenge

Celestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital, Protocol Labs, Figment, Maven 11, and Spartan Group, among […]

Tron Development Activity Grows In The Last 7 Days – Except TRX Price

Tron (TRX) welcomed the second week of this month with the news of its coin becoming a legal tender in the Commonwealth of Dominica announced by no less than its blockchain founder, Justin Sun. Technical indicators for TRON are confusing as of this time TRX could surge all the way to $0.0678 after 30 days Tron network’s development activity surges over the last few days With the development, the crypto, along with other Tron minted coins such as BTT, JST, NFT, USDD, USDT and TUSD, can now be used as medium of exchange within the island nation. Meanwhile, just last September, Sun shared on Twitter that since October 28, 2021, the total number of burned TRX tokens reached 11 billion, dropping the asset’s supply to 71.6 billion. The 15th largest cryptocurrency in terms of market capitalization also recently racked up another achievement, placing 3rd on the list of the most influential BTTs over the last 30 days. BTTs are TRC-20 utility tokens used for powering various features of different decentralized applications and programs. But even with all of these accomplishments, TRX failed to make any significant rally to push its prices to higher levels. TRX Price Still Unable To Take Off At press time, according to data from Coingecko, TRON is trading at $0.0623 and although it is up by 2.2% over the last seven days and by 4.3% for the past 30 days. Related Reading: AVAX Sheds 50% Over The Last 60 Days – More Losses Ahead? Source: TradingView As for what lies ahead for TRX, technical indicators are confusing right now, as some of them point towards a bullish run while others suggest bear momentum. The coin’s price movement suggests that it will soon hit 55-day Exponential Moving Average while its Bollinger Bands indicate it is caught in a squeezed zone. The conditions of these two indicators are telling signs of volatility and price surge. Meanwhile, the altcoin’s Relative Strength Index (RSI) remained in status quo and its Money Flow Index (MFI) experienced decline. These, on the other hand, suggest the crypto might head into a bearish run over the next few days. According to Coincodex, TRX will slightly decline to $0.0611 over the next five days but will pump its price over the next 30 days to trade at $0.0678. Active Network Keeps Tron In Balance While still struggling, Tron has one thing that could give investors something good to look forward to – its network activity. Over the last few days, its development activity and trading volume tallied a significant increase after declining last week. At press time, according to Coingecko, the digital asset’s volume stood at $295 million. Moreover, last week, Tron’s NFT space performed well as trade count also surged, indicating that there is still significant interest for the blockchain project. These positive developments, no matter how little, could eventually help Tron make that push to end the year with a higher trading price. Related Reading: Uniswap Coin’s Bullish Trajectory Sets UNI To Breach $7 Level – Time To Buy? TRX total market cap at $5.6 billion on the daily chart | Featured image from Invezz, Chart: TradingView.com Disclaimer: The analysis represents the author’s personal views and should not be construed as investment advice.

Vitalik

Simplifying Vitalik's "Endgame" This is a breakdown of the article that Vitalik Buterin, Founder of Ethereum, published recently regarding blockchain design. https://open.substack.com/pub/defining/p/simplifying-vitaliks-endgame?utm_source=direct&utm_campaign=post&utm_medium=web submitted by /u/Classic-Register6841 [link] [comments]