Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Tether market cap just dropped by another Billion

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

I don’t like this subs moon reward system and am curious what others think

Since I learned about the moon based rewards on this sub I can't really take any post serious anymore. Maybe I'm missing something but the fact that the amount of upvotes or comments gives you even the tiniest monetary reward is wrong to me. It seems especially wrong in a sub about cryptocurrency where people…
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Universal Music Group to Release NFTs on LimeWire’s NFT Marketplace

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

Algoracle Announces $1․5 Million Seed Round

PRESS RELEASE. Algoracle has recently announced the close of its seed round for $1.5 million (USD) to help accelerate the development and launch of Algorand’s native decentralized oracle network. Algoracle’s seed round was led by Borderless Capital, with major contributions from the Algorand Foundation, Valhalla Capital, and Big Brain Holdings, and rounded out by strategic […]

For all you hoping for tether to die a quick and spectacular death, what do you think is going to happen?

Been seeing even more “rip the bandaid off” and more amateur sleuthing into how tether is worthless/smoke and mirrors. Some have gone so far to call tether a cancer that must die for crypto to ascend to some magical new ath. Personally, I acknowledge that they aren’t a model coin and do have suspicious backing/audit…
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Cloudflare to run Ethereum node experiment to help 'build a better internet'

“Cloudflare is going to participate in the research and development of the core infrastructure that helps keep Ethereum secure, fast, as well as energy-efficient for everyone,” the firm stated.

Cardano (ADA) Could Slide Back To $0.40 – But $0.68 Still Doable

Cardano (ADA) price looks bullish as it does a U-turn on Monday following negative economic spikes from China getting crypto traders all worried. In addition, many major corporations are exiting Russia, including McDonald’s. All of these factors contribute to heightened risk sentiment making it entirely difficult for major cryptocurrencies to elevate in price than usual. This could also mean bad news for ADA; risking a 32% correction. The negative sentiment has been growing enormously which also signal a downward trend in the next quarters. As of this writing, the crypto is trading at $0.560514 on Coingecko, Wednesday, down 10% in the last seven days. Suggested Reading | Ripple (XRP) Price Picks Up As SEC Legal Showdown Drags On ADA Heading For A Nosedive Below $0.40 Tail risks pad up incessantly and it doesn’t seem to end which could mean ADA investors might head for the exit anytime soon. ADA price is heading for a nosedive right below the $0.47 price point or at the low end of the distribution zone which could even reach $0.38. On the brighter side, with the developments happening in the global economics and to the Cardano community, the first trading day of the week has shown promise of recovery. In fact, ADA price could possibly go towards $0.687 and move up to $0.915. ADA total market cap at $18.09 billion on the daily chart | Source: TradingView.com Even though Cardano suffered a massive drop during the past week, it managed to recover and reach $0.613 on May 16. Meanwhile, Cardano is currently shaking it off after its gains of 4%. Suggested Reading | Crypto Analyst Predicts 1 Altcoin Will Fall Down Hard – Is It Cardano? It went through a three-day bounce right there as shown over the weekend. The whale activity was seen for Cardano which signaled a deviation in price direction. Cardano TVL is at around $174.74 million. Now, it may seem like the increase is totally insignificant but it’s a winning jump since it has been steadily declining from its peak TVL of $434.74 million in the first quarter or March 28. The difference between cardano and the other alts. They pay to do stuff like this. The Cardano Community just does it themselves out of love for the ecosystem and philosophy. We got marketing. It's three million strong and growing. https://t.co/cRdnmGZPZz — Charles Hoskinson (@IOHK_Charles) May 16, 2022 Cardano Flag On Mount Everest Summit Charles Hoskinson, Cardano Founder, is loud and proud to have reached the Mount Everest summit. He was ecstatic about the raving support of the community. His remark saying “we got marketing,” definitely speaks volumes of his optimism despite the downward trend that ADA has displayed the previous days. The Cardano CEO is proud to have a strong and dedicated community comprised of 3 million members and still growing. The native tokens of Cardano also went up to 4.7 million. Moreover, Cardano has also managed to get $20 million more in funding since Mary 13. Its TVL has jumped from 18 million a few days ago to $137 million on May 16 – that is a 6% change of TVL in a matter of 24 hours. Featured image from Coinbase, chart from TradingView.com

Crypto/NFT Investment Portfolio Tracker Template for Excel | Live Data & Calculations

Hello, This is a template I made to easily keep track of my investments. I've decided to share it for free as a give back to the community. ​ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬 ————- https://www.youtube.com/watch?v=gIlkqdGDb8s ​ 𝐇𝐨𝐰 𝐢𝐭 𝐰𝐨𝐫𝐤𝐬 (𝐆𝐮𝐢𝐝𝐞 𝐢𝐧𝐜𝐥𝐮𝐝𝐞𝐝) ——————————————- Portfolio’s Currency is selected. History is inputted either with a CSV file or manually (Transactions, Trades,…
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Tether’s circulating supply drops, raising new concerns about stablecoin backing.

Investors withdrew more than $9 billion from Tether as it briefly fell from the $1 peg, raising new questions about the reserves that underlie the world’s largest stablecoin. According to Coingecko data, the circulating supply of Tether has dropped from around $83 billion to $74 billion at press time. ​ Tether’s circulating supply drops, raising…
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Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus

Cloudflare, an internet services and DDoS protection company, has announced a new strategy regarding its Web3 experiments. The company revealed it will run Ethereum validator nodes as part of its commitment to help to scale the internet by using proof-of-stake (PoS) consensus technologies. This will ostensibly allow the company to access the energy efficiency and […]