Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Possibly a dumb question but if above 51% of people staking are with pools, is the eth network still decentralised?

Like I know that none of these companys would band together to fragulently verify transactions as they'd lose hella money but I'm slightly concerned if this % grows. Should the amount of eth needed to stake be lowered along with the % slashed if your machine is down for a bit? submitted by …
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What do you get when you combine Move2Earn & Play2Earn? You get Find 2 Earn.

Think Augmented Reality apps that allow you to explore your surroundings or travel to announced locations to find exclusive drops based on geolocation. The concept is very similar to what some Streetwear brands like Supreme and Off-White pioneered – Drop Culture. Drop Culture is the release of a limited edition product with little to no…
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Seems like Bitcoin’s protocol is pretty decent?

It seems some innovations that Ethereum introduced like EIP-1559 may have been premature? What do you think about the questions they're asking? (I'm copying from the medium post) How can miners and users collude to bypass burning rules efficiently? How to correctly model users behaviors when deciding transaction fees? Are we aiming to increase miner's…
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Dogecoin Records 10-Week Peak, ETH Gains Momentum And Other Altcoins Gain

A lot of positive price movement kicked off recently; the crypto market is enjoying a bullish run as Dogecoin and Bitcoin jumped beyond the previous levels, which had become a feat seemingly unachievable. Ethereum also recorded some gains for the first time after its merge. However, recall that the upgrade was already priced in before it took place. So, while many investors expected the number two crypto to gain, ETH plummeted from above $1,500 to sit at $1,300 for a long time. Related Reading: Why Crypto Market Fear Mirrors Lull In Volatility Other altcoins weren’t performing better following the continuous Feds interest rate hike due to the inflation. But the tides turned from October 25, and today, one of the altcoins showing bullish momentum is Dogecoin DOGE. Dogecoin Takes The Lead In Price Gains Currently, the memecoin DOGE is leading in price gain. However, in the next 24 hours following the market rally, the crypto surged by a significant score, reaching what analysts observe as its 10-week peak. Dogecoin tried to sustain the gain but couldn’t. It later started a downtrend that landed it a 14% price gain. Surprisingly, even with the lower level, DOGE still leads the entire crypto market. While others are red in hourly, 24-hour, and seven days price growth, DOGE is pushing its price to $0.08596. The price push for DOGE came after Elon Musk visited Twitter’s HQ. Recall that Musk is a great supporter of the memecoin. Activities around the billionaire affect the price of Dogecoin. BTC Experienced The $21K level As the market rallied, Bitcoin, that have been sitting at the $19K price level, spiked. As of October 26, the number crypto even tapped the $21k price level, to the surprise of all. Analysts have connected the price increase to the reports that the Bank of Canada might relax its interest rate hikes. BTC price currently stands at $20,695, showing a short gain. Even though BTC has climbed from its highest level of October 26, it still holds above the $20K mark. Ethereum And Other Altcoins Gained During Rally Many altcoins weren’t left out during the brief price rally. For example, the crypto market saw Ethereum jumping from the coveted $1,350 to above $1,500. Related Reading: The Inverted Bitcoin Chart Bears Don’t want a See | BTCUSD Analysis October 27, 2022 Currently, the price of ETH stands above $1,600 after. This increase is impressive, given that the coin hasn’t reacted positively since its September 15 upgrade. Other cryptocurrencies that gained massively relaxed at specific prices, while digital assets are currently in the red. Featured Image From Pixabay, Charts From Tradingview

Everyone is a genius in a bull market, so everyone is stupid in a bear market?

In a bull market the saying goes that everyone is a genius. It takes literally no effort to buy a a coin and experience big returns. You may think you are buying the next Ethereum, bitcoin ot something that will rule them all. That's a thing of the bull market. So how about bear markets?…
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The Merge brings down Ethereum’s network power consumption by over 99.9%

Before the Merge upgrade, in 2022, the energy consumption of Ethereum ranged between 46.31 terawatt hour (TWh) per year to 93.98 TWh per year.

Toda City in Japan Is Using Metaverse Tools to Combat School Absenteeism

Toda City, located north of Tokyo in Saitama prefecture, is using metaverse-based tools to fight the absenteeism problem that Japan faces. The city includes children in virtual spaces where they can explore virtual campuses and attend classes online, while preparing to eventually rejoin regular classes again. Toda City Is Battling Absenteeism With Metaverse Tools The […]

Ethereum Sets Short Liquidation Record, Wipes Out $500 Million in 2 Days

According to the current update, the price of ETH is close to 1k6500, how much more do you think it will increase? Has anyone successfully bottomed ETH?📷 submitted by /u/Jacks0n1202 [link] [comments]

Crypto.com Web3 gaming survey further proves there is little interest in making something playable.

It's no surprise that any Web3 gaming project will have a focus on making money / promoting a brand. However I was honestly shocked at how blunt Crytpo.com were in ignoring core gaming fundamentals in a recent survey. I opened the app this morning and was met with the following: Time to get your game…
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Japan to Loosen Crypto Regulations

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