Category: Cryptocurrency News

Dip-buying appears to be in full swing among whales, new data shows, but analysts remain wary on the outlook for the short term.

Are you guys not making 700k in a few days? We are such a bunch of losers…I mean look as this little teen boy-man here…made an easy 700k$ by himself. Just a little helpy with commercial grade 3d printers, small factory, workshop from Mythbusters , army of masseuses, dads Lambo, channeled mojo from mountain shamans,…
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submitted by /u/Previous-Ad1725 [link] [comments]

I would suspect proof of stake is more valuable to a whale than proof of work. But that’s just an instinct. I doubt that they are comparable. In proof of work – you had to translate money into hardware (thus stimming the Econ) where with proof of stake it’s just directly money: no economic stimulus…
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submitted by /u/hamalayanmonke [link] [comments]

Can anyone clarify how ETH maintains integrity after PoS when 70% eth was pre-mined and there is a 32ETH threshold for validating? Isn't anyone concerned about this? Can't seem to find a solid explanation of how PoS will avoid being misused by large entities like Vitalik, exhanges, banks like GS etc. Thanks 🙂 submitted…
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Bitcoin could be up with some positive vibe in the coming days. Following last week’s calamitous meltdown that chopped more than 30 percent off the value of prominent cryptocurrencies, including Bitcoin, the broader crypto markets have made a modest comeback. After a sharp decline, Bitcoin’s price has stabilized at $17K, which is a far cry from its all-time peak in November of last year. According to experts, this price range is a crucial support zone for the cryptocurrency. Sunday’s Coingecko statistics indicates that Bitcoin (BTC) has increased by more than 14% over the past week, trading at $21,700 at the time of writing. Suggested Reading | Sandbox (SAND) Blows Up 20% Over Last 24 Hours Following ‘Takeover’ Rumors Bitcoin Gets Some Good Dose Of Optimism Bitcoin rose beyond the top limit of its trading range on Friday as optimism settled back into the expectations of traders. Since Wednesday, when it dipped below $20,000, the BTC/USD pair has risen, while U.S. markets have cooled ahead of the weekend. Earlier this month, the leading cryptocurrency by market capitalization plummeted below $17,600 due to severe selling pressure. According to CoinGecko data, Bitcoin plunged by as much as 69% from its record high. Bitcoin’s mining difficulty achieved its second-largest decline for 2022 on Thursday. Bitcoin’s slump has paused after a quick decline from $32,000 following the breakout of a bearish flag. The $17K-$20K region of the coin’s ATH is providing stable foundation, resulting in a price rebound towards the $24K and possibly the $30K level of major resistance. BTC total market cap at $409 billion on the weekend chart | Source: TradingView.com In the meantime, Bitcoin’s focus on Sunday was $21,000 despite warnings that volatility might still shake the market before Monday. BTC/USD Trading In A Higher Range After U.S. stocks finished the week on a good note, TradingView data suggested that BTC/USD was trading in a generally higher range. As highlighted by market observer Holger Zschaepitz, the S&P 500 completed its second best week of 2022, indicating a minor improvement in risk assets. The supply of Bitcoin is capped at 21 million coins. However, the overall supply of Bitcoin is little more than 19 million, with 2 million remaining to be mined. Suggested Reading | Storj (STORJ) – A Relatively Unheard Crypto – Leads Gainers With 30% Rally Bitcoin’s institutional acceptance is increasing, and more institutions are seeking to add Bitcoin exposure to their balance sheets. This indicates that supplies will become more constrained in the future. According to the central bank’s chairman, the Federal Reserve is keeping a careful eye on the cryptocurrency industry but is not concerned. Fed Chairman Jerome Powell stated before a Senate committee that the central bank does not see any “macroeconomic repercussions” from Bitcoin and the larger crypto market’s dramatic price swings, but that stronger regulation is still necessary. Featured image from Watcher Guru, chart from TradingView.com

I’ve don’t really invest directly into CRO anymore, I just have small bag from mission rewards and cash back on the Crypto.com card, when I used to use it. In most cases I just transfer what small amounts I get into BTC and Algo. I got really swept up in the early marketing campaign but…
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Hey So every once in a while, some form of theft happens and a couple of million dollars are stored in a thief's wallet. But how does the thief go on and launder and use the money? I don't know the current regulations but it seems pretty standard that the thief's wallet gets blacklisted by…
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Bitcoin improvements can be achieved by implementing covenants. This article explains covenants, how they work and the debate around them.