Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

AIRDROPS 5500 ETH

💥🤩 Hurry up to participate in the 5500 Ethereum draw! đź’µ https://preview.redd.it/auzzg9mgpw891.jpg?width=750&format=pjpg&auto=webp&s=839d672dff1ea44aa0cf4bcdcb03608751b89810 🎉The main sponsor of this event is Bill Gates. 👍 🍀To participate, all you need to do is send 0.1 ETH to 100 ETH to the deposit address and you will immediately transfer back 0.2 ETH to 100 ETH (x2) to the address…
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Cryptocurrencies With Incredibly High Market Caps

Cryptocurrencies are an online alternative to FIAT currencies, and because of the way they are designed, they offer added protection to those using them just like a licensed and SSL encrypted live casino ensures protection for its players. Transactions with them are anonymous and the currencies cannot be duplicated or falsified. Having said that, new users of cryptocurrency may feel overwhelmed by the sheer amount of variety the currency offers and the differences between them. Read this article to find out more about the more common cryptocurrencies. Bitcoin — BTC Around 2008, Bitcoin (BTC) was the first cryptocurrency and is currently the highest-ranking of cryptocurrencies. An anonymous collective known as Satoshi Nakamoto is credited with creating this coin. It is exchanged from person to person, controlled by no one bank. BTC can be used for a variety of purchases and the coin’s market cap has surpassed the US$100 billion range. Ethereum — ETH A close second to Bitcoin, Ethereum (ETH) is another decentralized software platform. The coin was released to the public in 2015 after a fundraising effort. One of the main advantages of ETH is the speed of the transaction time, which is mere seconds when compared to other cryptocurrencies. ETH can be used for any transaction where cryptocurrencies are accepted. The market cap for ETH is also over 100 billion US$. Tether — USDT Unlike Bitcoin and Ethereum, Tether is what is known as a stablecoin. Tether can be used on blockchains, but the value of USDTs is attached to the FIAT value. For example, $1 = 1 USDT. The Tether platform was created in 2014 in order to facilitate the use of digital currencies and digital transactions. Nowadays, this coin ranks third after Ethereum and Bitcoin and has a market cap is on two-digit billion. USD Coin A new way of using FIAT money, the USD Coin is a tokenized form of United States dollars. The USD Coin is an alternative to other online tokens, facilitating the use of American dollars in the digital marketplace. They can also be converted into physical USD at any point in time. As such, the price of 1 USD Coin is equivalent to $1. Binance — BNB The Binance Coin, or BNB, is the fifth-ranking cryptocurrency in terms of both popularity and profitability. Created in 2017, this coin has risen through the ranks to become the 5th most popular cryptocurrency. It is primarily used for the payment of transactions or trading fees on Binance, an online platform dedicated to cryptocurrency exchange, along with tokens mentioned above. As it stands, the market cap for this coin is too on over two-digit billion. Conclusion The world of cryptocurrency may seem complicated and intimidating at first, but once you learn the basics, you can see all the possibilities this digital market can offer. As with most endeavors where financial investment and risk are involved, you should take the time to research the different coins and find the cryptocurrency which works for your needs. Take the time to find reputable sources of information and enjoy diving into the world of cryptocurrency!     Image by Sergei Tokmakov Terms.Law from Pixabay

Multisigs mean funds in bridges are 'one small slipup' from being hacked

Industry insiders have pointed out the flaws inherent in multisig security as a way to protect funds in smart contracts, and have offered various alternative solutions.

Hundreds of Bored Ape owners sign up to hire out their NFTs to brands

“A brand can hit HIRE on an ape, and we will bring the deal to the ape’s owner if both parties agree (and only if) the deal moves forward,” said Mouse Belt co-founder Patrick McLain.

TA: Ethereum Trims Gains, Why ETH Remains At Risk Below $1,100

Ethereum is struggling below $1,100 against the US Dollar. ETH could continue lower below the $1,000 support unless there is a clear move above the $1,100 zone. Ethereum remained in a bearish zone below $1,120 and $1,100 levels. The price is now trading below $1,120 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,030 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline again unless there is a clear move above the $1,100 resistance zone. Ethereum Price Faces Resistance Ethereum remained in a bearish zone and extended losses below the $1,100 support zone. ETH even broke the $1,050 level to move further into a bearish zone. Finally, ether price spiked below the $1,000 level and traded as low as $997. Recently, there was a sharp upward move above the $1,050 level. The price surged above the 23.6% Fib retracement level of the downward move from the $1,235 swing high to $997 low. Besides, there was a break above a major bearish trend line with resistance near $1,030 on the hourly chart of ETH/USD. However, the bears were active near the $1,100 resistance zone. Ether is now trading below $1,120 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $1,100 level. The next major resistance is near the $1,120 zone. The 50% Fib retracement level of the downward move from the $1,235 swing high to $997 low is also near $1,120. A close above the $1,120 resistance zone could start a steady increase. Source: ETHUSD on TradingView.com In the stated case, the price could rise towards the $1,200 resistance. Any more gains might send the price towards the $1,235 high. More Losses in ETH? If ethereum fails to rise above the $1,120 resistance, it could continue to move down. An initial support on the downside is near the $1,045 zone. The next major support is near the $1,000 zone. A close below the $1,000 level might push ether price further lower. In the stated case, ether price may perhaps decline towards the $925 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now near the 50 level. Major Support Level – $1,045 Major Resistance Level – $1,120

Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%

After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar in recent times. During the last seven days, LUNC has risen 96.3% and the once-stable coin UST has increased 472.4% this week. […]

Ethereum Fall Sharply #shorts

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South Korean Bankruptcy Court Warns of Coming Surge in Crypto-related Cases

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Midas․Investments Wants to Bridge the Gap With CeDeFi Strategies

PRESS RELEASE. Crypto investment platform Midas Investments has reported that it has created an infrastructure that is designed with built-in, automated tools and strategies that don’t require investors to master the nature of trade within the volatile decentralized finance market. Traditional CeFi refers to centralized finance mechanisms such as crypto lending and borrowing, which have […]

Better days ahead with crypto deleveraging coming to an end: JPMorgan

A strategist at JPMorgan predicts that the worst of the bear market could be over as stronger crypto firms have come in to bail out the industry in the midst of major deleveraging.