Category: Cryptocurrency News

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The chief investment officer of asset management firm Guggenheim, Scott Minerd, says that the current market has delivered “the greatest investing opportunity of a generation.” He also warned about some investments that he expects to decline further. Guggenheim’s Scott Minerd on ‘the Greatest Investing Opportunity of a Generation’ The chief investment officer (CIO) of Guggenheim […]

Specifically looking at what case / what specific event triggered this rule? submitted by /u/mybed54 [link] [comments]

So far I've found the Chinese Etherscan https://cn.etherscan.com but I don't know how long that might be up. CMC and Coingecko aren't really that big of a deal because Google has their own price trackers, but Uniswap and 1inch are real hitters. Are there mirrors or ways to interact with the contract directly? Thanks! …
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15th December 2017, BTC price was at USD 19.650. A year later? USD 3,185. The dip was hard? Wait till you see the inevitable decline that numbs you down. That wasn't the worst part- it was thought that the alts would have survived. Stellar Lumens, Ripple, you name it. After going x40, some of them…
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Bitcoin price plummeted consistently after it breached the $20,000 mark. Over the last 24 hours, the Bitcoin has registered very little movement. In the past week, BTC lost close to 16% of its value. BTC quickly attempted to recover from the $19,000 price mark on its chart. However, the bulls couldn’t defend that price mark. The closest support line for the Bitcoin price was $18,000. Bitcoin has been on a consistent downtrend over the past few months. The technical outlook of the coin pointed towards increased bearish strength. Selling pressure continued to exceed buying strength on the one-day chart. The $20,000 price mark will prove to be a strong resistance mark. $20,000 is the key resistance mark for the Bitcoin price. Increased buying power may provide the coin with some temporary relief. The global cryptocurrency market cap today is at $962 billion, with a 0.6% positive change in the last 24 hours. Bitcoin Price Analysis: One Day Chart BTC was trading at $18,800 at the time of writing. A few sessions before this, Bitcoin was trading above the $19,000 price mark. The overhead resistance for the coin was at $20,000, which BTC struggled to move past over the past few days. A sharp decline in buying strength has caused BTC to plunge further and quickly. If BTC moves above the $20,000 price level, the bearish thesis could be invalidated. On the other hand, lower demand for the asset can even drag Bitcoin price to $17,400. A fall below that price mark could attempt to bring the price of the asset to $14,000. The amount of Bitcoin traded in the last trading session declined, signalling that sellers took over at the time of writing. Technical Analysis The fall in buyers caused the Bitcoin price to tumble further. There was a sharp fall in buying strength just a week ago, and ever since, BTC has continued to depreciate on its chart. The Relative Strength Index was below the half-line, which meant that sellers were numerous as compared to buyers. The Bitcoin price travelled below the 20-SMA line, displaying a fall in demand. It also meant that sellers were driving the price momentum in the market at the time of writing. Related Reading: Bitcoin May Retest $20,000 Zone Before It Drops To $18,000 Level Other technical indicators pointed towards a bearish price signal. The Moving Average Convergence Divergence measures the market momentum and overall price direction in the market. The MACD underwent a bearish crossover and then displayed red histograms, which were sell signal for the coin. On the other hand, Chaikin Money Flow remained positive with an uptick above the half-line. The indicator determines the amount of capital inflows and outflows. At the time of writing, CMF displayed increased capital inflows. Related Reading: ETH Backpedals After Hitting $1,800 Ahead Of Merge Last Week Featured image from UnSplash, Chart: TradingView.com

Robinhood hasn’t been shy about it’s desire to be a player in crypto. The platform has had a few years of ups and downs as it’s navigated it’s crypto offerings. This week, however, the platform secured a win on the crypto front by listing it’s first stablecoin, USDC. What We Know The news first came straight from the horses mouth, as Robinhood’s Twitter posted a tweet this morning sharing the news. The token is Robinhood’s 17th supported crypto, and third largest in market cap behind blue chips Bitcoin and Ethereum. It’s the latest token addition since adding Cardano (ADA) at the beginning of the month. It is a growing list of crypto tokens for Robinhood, who also added Polygon in recent weeks. Additionally, the move shows more bolstering growth for Circle’s USDC, which has sought out the number one spot over Tether’s USDT – the longtime dominant stablecoin. The narrative has been driven by an ideology that Tether’s account management is less transparent and straightforward than USDCs. Robinhood (HOOD) has had a challenging year on the NASDAQ. | Source: NASDAQ: HOOD on TradingView.com Related Reading: Ripple (XRP) Adds Over 20% In A Week While Others Plunge Heavily The Stablecoin Battle In recent months, the good folks over at Arcane Research put together future growth projections based on USDC’s momentum this year, which shows USDC overtaking USDT’s number one spot as early as mid-October. The projected gap for today’s number is likely a bit closer than what we’ve seen in reality, however, signaling that a USDC takeover for the top spot could take another 4-6 months. That’s been exacerbated by USDC whale holdings percentage hitting a two-year low in recent weeks. As our team cited, that movement has been driven by broader market movement, as well as U.S. sanctions on Tornado Cash. Exchange deposits have been substantially low for USDC as well, but mean transaction volumes are still flying high in recent months. Tornado Cash and other external factors, such as threats of U.S. legislation on stablecoins and other crypto, have led to more negative sentiment around stables than positive. Robinhood’s adoption of USDC could help spur the growth in catching up with USDT’s lead. However, it remains to be seen how the more casual investor that typically frequents Robinhood will fare with a stablecoin asset, particularly one that doesn’t generate any interest. Related Reading: ApeCoin (APE) Sees Higher Prices Even In Bearish Market Conditions Featured image from Pixabay, Charts from TradingView.com The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice. This op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike.

Moons were migrated to Mainnet a little over a month ago on August 9th, 2022. As something of a MOONs enthusiast myself, I wanted to understand if this impacted how Moons are transacted. And since the blockchain is public, this can be done with only a bit of work! The data I used here are…
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The Map arranges blockchain addresses into a 2D view according to their on-chain activities. the medium post submitted by /u/AbuelaCooking [link] [comments]

It is my understanding that when transacting on eth a portion of the gas gets burnt and a portion goes to stakers for validating the transaction. In the future, post sharding, fees will be reduced substantially, won’t that correlate to an equal decrease in staking APR giving stakers less incentive to lock away their ethereum?…
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