Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Accidentally Sent ETH to Opensea Registry…any chance it’s recoverable?

As the title states, I was rushing through a mint and sent to the last address thinking it was my metamask wallet. Instead it was opensea registry. Any chance that ETH is recoverable? I have the TX hash…any help would be much appreciated! submitted by /u/raw_cake [link] [comments]

We’re about a month away from releasing our own algorithmic crypto trading platform

Myself and 6 other redditors who met on this sub have been working on an algorithmic crypto trading platform for about 8 months now and we're finally getting close to releasing this application in closed beta. So we started building an algorithmic crypto trading platform that allows you to automate your trading strategy whether that's…
Read more

‘I’ve never paid with crypto before’: How digital assets make a difference amid a war

For many Ukrainians and Russians, digital assets have become the means to support themselves and their loved ones during the crisis.

With Cathie Wood reiterating her $1 million price target, it is worth reminding that her modelling can be very, very flawed.

Cathie Wood has reiterated her price target for Bitcoin in the Miami Conference, saying BTC will hit $1 million by 2030. I'm bullish on BTC, but I don't think she is the best source to get her information from, just look at her modelling for Tesla: An assumption of no equity raises ($0 CAPEX) despite…
Read more

Sky Mavis Raises $150 Million in Financing Round Led by Binance to Refund Users Affected by the Ronin Bridge Exploit

Sky Mavis, the company behind the play-to-earn (P2E) game Axie Infinity, announced it has raised $150 million in a funding round to replenish the funds the company lost in the Ronin Network exploit. The funding round — which was led by Binance and had the participation of companies like Animoca Brands, a16z, Dialectic, Paradigm, and […]

Ark CEO Cathie Wood Is As Bullish As Ever, Sees Bitcoin Hitting $1 Million By 2030

Cathie Wood repeated her positive view on bitcoin this week at the Bitcoin 2022 conference in Miami, Florida. The Ark Invest chief executive forecasts the crypto will reach $1 million by 2030 in a presentation, Thursday. “We believe bitcoin has only just begun,” she told CNBC. “Institutions are only now catching up to individuals in terms of BTC adoption,” she explained. In recent weeks, BTC prices have fallen below $43,000 on many occasions and subsequently failed to make meaningful gains. The world’s top digital currency dropped to $42,534.90, down 8.1% in the last seven days, Coingecko data show, Saturday. Wood relayed the high-level prognosis from her company’s Big Ideas 2022 report during her Miami appearance. This contained the cryptocurrency’s lofty price target. The Vaunted Bitcoin Price Goal “Bitcoin’s price target for 2030 is greater than a million dollars per bitcoin,” Wood stated. Bitcoin 2022 Miami is the world’s largest gathering of crypto intellectuals and entrepreneurs. It is being held from April 6 to 9 at the Miami Beach Convention Center and has already attracted more than 35,000 registrants and over 7 million livestream watchers from around the world. According to Wood, bitcoin is the world’s first open-source, private digital rules-based monetary system. “It’s a pretty big notion,” the investor stated during her “The Future is Bright” conference, which she co-hosted with MicroStrategy CEO Michael Saylor, another major crypto proponent. Suggested Reading | BTC Helps Market Hover Past $2 Trillion As BTC Nears $48,000 BTC total market cap at $805.70 billion on the weekly chart | Source: TradingView.com Hedge Vs. Inflation Wood, 66, referred to the world’s most valuable cryptocurrency as a “hedge strategy against inflation.” She omitted, however, to note that the digital asset has fallen 27% in value over the last year, while inflation has soared. Consumer prices increased by about 8% in the 12 months to February of this year. Wood’s projection would imply a 25-fold gain in BTC’s recent price of $38,094. Wood noted that 70% of crypto investors keep their positions for the long term, which equates to approximately 13.6 million units out of over 20 million units of the cryptocurrency. The Best Is Yet To Come? Additionally, she noted that bitcoin, with a market capitalization of $830 billion, has seen a tenfold increase in liquidity. “That is only a preview of what is to come,” she remarked. While its market valuation surpassed the $1 trillion milestone in 2021, Ark’s analysis suggested that the cryptocurrency’s network fundamentals “remained healthy,” Ark analyst Yassine Elmandjra disclosed in a recent report. Meanwhile, institutional investors are increasing their exposure to BTC, according to Elmandjra. After the launch of more regulated instruments and adoption by enterprises and nation-states, Bitcoin’s institutional holder base appears to be expanding, she added. Suggested Reading | BTC Retakes Robust Position As Price Nears $45,000 Featured image from Forbes, chart from TradingView.com Bitcoinist @ Bitcoin 2022 Miami

Keep in mind Safemoon’s new debt card looks like it is just a Bannx card

Note this isn't FUD or anything like that. I'm one of the few here who thinks it is OK to invest into. But the thing to note is Safemoon's new debt card is simply a Bannx card. https://www.baanx.com/multi-currency-debit-cards https://safemoon.com/cardwaitlist https://preview.redd.it/zldtzn7f4gs81.png?width=1352&format=png&auto=webp&s=8f67cc679da51f8545947ea3e15595c85c0cd999 Like note Build it from the ground up….or add the API to your existing App.…
Read more

Remember to log into your exchange accounts once in a while so the gov doesn’t take your crypto/fiat away

So I asked Kraken about escheatment, and they finally got back to me. They have more than less the same thing as the rest of the exchanges. Thanks for your inquiry. As stated in Section 12 of our Terms of Service, if a Kraken account is inactive for an extended period of time, Kraken may…
Read more

Namibian Central Bank Announces Plan to Launch CBDC

Johannes Gawaxab, the governor of the Bank of Namibia (BON), has said his organization is planning to launch a central bank digital currency (CBDC). The governor, however, warns the launch might have implications for financial stability. BON Researching CBDCs The BON governor, Johannes Gawaxab, recently confirmed that the central bank is now planning to launch […]

DAO regulation in Australia: Issues and solutions, Part 2

DAOs appeared as the response to red tape and obsolete approaches in governance. Will regulation in Australia stifle innovations?