Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Doing something good with your ravencoin

I have been collecting trash as a volunteer for almost a year. It is frightening how much ends up in our nature. Over time, I have become more and more involved with the issue. For example, several trillion cigarettes end up in nature every year. These emit toxic substances into our drinking water, which cannot…
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How to make web3 safer, promote decentralization, and earn some tokens

DeFi S_cks With the proliferation of phishing attempts, malicious front-ends, and scam tokens, the task of navigating through DeFi and general purpose web3 applications is getting harder. It’s easy to blame users for not doing their own research, but it’s hard to meet halfway and make the tools we commonly use more friendly to people…
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Crypto exchange Kraken is set to launch in UAE

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Bitcoin (BTC) Dips Below $40,000 Over Ukraine And Possibility Of Fed Rate Hike

The price of Bitcoin plummeted below $40,000 on Monday, while other cryptocurrencies saw losses, according to Coingecko data. BTC is trading extremely close to two long-term support levels but has not yet demonstrated any bullish reversal indicators. This comes as investors remain wary of the situation in Ukraine and the possibility of a US central bank rate increase. The global cryptocurrency market cap is $1.80 trillion, down 2.04 percent from the previous day. The overall crypto market volume over the last 24 hours has increased by 20.13 percent to $65.06 billion. Suggested Reading | Bitcoin Struggles To Breach $40,000 Level, Down 4% In Last 24 Hours The 50-day and 100-day moving average lines crossed bullishly last week; nevertheless, Bitcoin was unable to maintain the bullish momentum and witnessed a price shakeout. Later in the week, the price recovered and attempted to break above the moving average lines once more, but was swiftly rejected and fell below the $40,000 level. Bitcoin Selling Pressure During the week of April 18-24, BTC prices declined marginally. While the week began with an upward advance that resulted in a local high of $42,976, the price declined in the later part of the week, resulting in a protracted upper wick (red icon). This is interpreted as an indication of selling pressure. BTC is currently trading considerably below the $42,000 mark. This is a critical long-term level that has served as both support and resistance intermittently since May 2021. BTC total market cap at $731.41 billion on the daily chart | Source: TradingView.com “Bitcoin and the majority of cryptocurrencies fell over the weekend as a result of growing tensions in Ukraine on the one hand and the US Federal Reserve’s views on interest rate hikes due to inflation on the other,” Edul Patel, chief executive and co-founder of Mudrex, explained. Suggested Reading | SEC, Ripple Agree To Extend Legal Battle Until 2023; XRP Bears The Brunt Of Case BTC Seen To Lose Upward Momentum Bitcoin currently has a support level of $37,000 and a resistance level of $46,000. According to Patel, crypto investors may see the two major cryptocurrencies, BTC and ETH, lose their upward momentum.  ETH is down by 3% and has been trading below $3,000 since Friday. “If BTC falls below $35,000, the next significant support level will be $30,000. In the following days, we may see range-bound trading,” Patel said. Meanwhile, the $42K support level for BTC has morphed into a significant resistance level in the shorter timeframes following the price’s failure to break above it. At the $42K level, selling pressure was visible, resulting in a sharp plunge to the $39K zone, which is currently being tested. Featured image from Newsweek, chart from TradingView.com

Mars4 Metaverse Launches A Rewarding Affiliate Program

Crypto enthusiasts all over the world are looking for ways to increase their earnings. One of the best ways to monetize your passion for the crypto world is to promote blockchain projects via affiliate programs. The play-to-earn NFT game Mars4 is introducing an affiliate program to anyone interested in promoting Mars4 to earn a generous commission starting from $60 per sale. With full support from the Mars4 team, earning has never been this easy! What is affiliate marketing? Affiliate marketing is a marketing strategy where 3rd party affiliates promote products or services to their community and earn commissions based on their performance. The type of performance required varies but the most common is the sales-based approach where affiliates generate income based on their sales. Mars4 affiliates also generate commissions from sales. They receive a unique link that has to be used to promote Mars4. This link tracks the performance of the affiliate, so you will be able to check your performance and stats from the Mars4 affiliate page. The affiliate does not need to purchase anything from the company as they are not reselling the product or service, they are merely promoting it. That is why it is free to start your journey as a Mars4 affiliate. It is a great way to monetize your online activity, such as your blog, YouTube channel, Twitter, or any other similar platform you use for reaching out to people. Anyone can become a Mars4 affiliate as long as they show interest in promoting Mars4 products. What is Mars4? Mars4 is a virtual world created using blockchain technology. It is divided into three interconnected parts: MARS4 dollar (cryptocurrency), Mars land plot NFTs and the upcoming metaverse game. All these elements come together to create a unique experience of a play-to-earn survival game that takes place on the Red Planet. As an affiliate, you will be encouraging NFT sales. NFTs are land plots on virtual Mars created from NASA data. You can view Mars in 3D now: it has never been so easy! In the upcoming game, players will be able to explore their Mars NFT lands, gather various resources, trade them and earn money from the game. In other words, Mars land plot NFTs are interactive and will serve as real estate in the future game. Soon in-game NFT assets will be available for purchase as well, such as tools and cosmetic items. They will also count as NFT sales for affiliates. Mars4 is unique because the team is always looking to create ways investors and players can earn both actively and passively. For example, an Epoch system was introduced to give back to early investors. All sales are split into Epochs. After an Epoch ends, the 51% of revenue generated from sales is distributed to NFT holders from the previous Epochs. That way investors can earn passively just by owning an NFT. Why join the Mars4 affiliate program? With commissions starting from $60 per sale, Mars4 offers its affiliates the possibility to earn high payouts. There is no limit to affiliate earnings as the payouts are not capped. Mars4 also incorporates a tiered commission structure, meaning the payout for one sale will increase after reaching a certain amount of sales. Being a Mars4 affiliate gives you flexibility as the project offers different payment opportunities from USD to crypto. You will also be able to receive monthly payouts. As a Mars4 affiliate, you will be promoting the project in any shape or form you choose, whether it is an in-depth video review about the project or a short but catchy message on social media. Work as much as you want and generate an income passively from your content about Mars4. To help you out, the Mars4 team offers full support in your journey. You will have a dedicated account manager and receive access to various Mars4 content, such as banners. The Mars4 affiliate program gives a great opportunity to grow together and earn passive income. For more information or to enroll in the program, visit the Mars4 affiliate page. Conclusion If you are looking for ways to increase your earnings, join the Mars4 affiliate program. You will collect a rewarding commission starting from $60 per sale, receive full support during your journey and will be able to receive monthly payouts. Since the payouts are uncapped, the sky’s the limit to your earnings!    

The Central African Republic reportedly passes a bill to regulate crypto use

The new crypto law would reportedly allow citizens to pay their taxes in crypto and allow the use of crypto as a form of payment for businesses.

Start a movement against the IRS & it’s vague & unfair tax laws towards crypto.

I personally am not one that likes to involve myself in conflict, however I feel that if we stand by idly while the IRS continues to place absurd rules on taxes towards crypto nothing will change. My first order of business is correcting or negating any taxes on converting cryptocurrency. In my opinion I think…
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Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine

A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine, which was invaded by the Russian army two months ago. Georgian Project Auctions NFTs of Russian Land, […]

Bancor V3 – Step Forward for DeFi

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Centralization on ETH Nodes – The Infura Issue – Does anybody have reliable numbers that are up to date of how many ETH nodes are run by Infura?

I could not find anything on the internet that was up to date about it and it seems to be a big issue for the security of the network. I am looking forward to your input. 🙂 submitted by /u/RealBeltracchi [link] [comments]