Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia

A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another draft law banning their use as a means of payment. New Bill Targets Russian Platforms Issuing and Trading Digital Currencies Outside Law Persons […]

Hwo did the recent Shadow Fork go?

The only thing I could find about it was a tweet from Nethermind. Nobody else seems to have posted about it. Did it go well? Why not announce that? submitted by /u/jinjiii [link] [comments]

Solana smartphone Saga triggers mixed reactions from crypto community

From comparing the project to Apple and Ethereum to bringing up network outages, the community reacted to the new Web3 phone by Solana.

There was Harmony OnCe.

Used to be Harmony One holder, but got out in March when I realised their vision at the time was DAO, which turns out to be rug pull and pump and dump scheme. To name one, WAGMI coin, which is a fork of OHM. Now it is completely worthless. The hack is no different to…
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Eminem and Snoop Dogg turn into BAYC chars in new music video

Eminem and Snoop Dogg bear an uncanny resemblance to Bored Apes in the new semi-animated music video titled From The D 2 The LBC.

How To Become A Power Trader With PrimeXBT Trading Contests

The powerful tools provided by PrimeXBT are always more than meets the eye. At a glance, the new Contests module is a place where traders can join weekly competitions for a chance to win colossal crypto prizes ranging from $1,000 to $100,000 USDT. However, PrimeXBT Contests is also a risk-free trading environment where traders can practice trading strategies, backtest the reliability of technical indicator signals, and much more. Find out how you can become a power trader in no time flat with PrimeXBT Trading Contests and the advanced tools the award-winning platform provides. What Is PrimeXBT? All About The Award-Winning Margin Trading Platform PrimeXBT is a rapidly-growing margin trading platform first launched in 2018 and quickly gained popularity due to its leveraged trading positions allowing crypto holders to short Bitcoin and other top cryptocurrencies. Today, PrimeXBT has built on its core margin trading offering with a wide range of altcoins from categories like the Metaverse, DeFi, GameFi, and more. PrimeXBT also provides access to traditional trading instruments like gold, oil, stock indices, and forex currencies. The platform has also introduced a variety of innovative products and services, such as the Covesting copy trading module, APY-generating yield accounts, a free mobile app for Android and iOS devices, and so much more. Using the combination of tools, instruments, features, and more, users can build and manage a diverse portfolio of today’s hottest assets and copy high-ROI strategy managers. What Are PrimeXBT Contests? What You Need To Know To Compete PrimeXBT Contests is an entirely different kind of tool. No capital is ever at risk, and instead, there is only much to gain. As discussed, Contests are entirely risk-free. That’s because Contests relies on virtual funds to provide to traders to compete and meet certain trading conditions. Depending on the prize at stake, conditions range from a walk in the park to very challenging so that only the best possible are able to win. Each week, users can enlist in new weekly competitions and enter for a chance to compete for a variety of crypto-based prizes. PrimeXBT also runs exclusive partner Trading Contests that offer an opportunity to win one-of-a-kind NFTs. How PrimeXBT Contests Prepares The Next Generation Of Power Traders With no funds ever at stake, traders can also get wild, have a little bit of fun, experiment, or backtest trading strategies. The best traders remove all subjective beliefs from trading, or else emotions can improperly influence decisions. By backtesting technical indicators or specific setups and gathering observable results, objective decision-making can lead to more consistency and success. PrimeXBT provides traders with all the most popular technical analysis tools and indicators. It also launched the PrimeXBT Trading Academy led by expert trader Dirk Hartig, which provides video tips and other education on how to trade like the pros. When combined with the risk-free, real-world simulated market environment of PrimeXBT Contests, dedicated traders can quickly become profitable. Backed by plenty of education and backtested trading results, going for the top prize becomes a lot more realistic. Prizes range from $1,000 in USDT for placing in some Contests to as much as $100,000 USDT for winning the grand prize in a Global Trading Contest. With free capital, free education, and with newfound skills, anyone can become a power trader at PrimeXBT. Become A Power Trader With PrimeXBT And The Contests Module PrimeXBT lets newly discovered power traders turn into legends with the Covesting copy trading module. Rise the ranks, and followers will come in droves to copy your trades, earning you even more capital than otherwise possible. Earned capital from Contests can be put further to work passively via yield accounts or actively via margin trading more than 100 different trading instruments. All of these powerful tools are under one roof – making PrimeXBT a power trader’s dream. Try PrimeXBT Contests today and be quickly on your way to becoming a power trader, making the very most out of everything the platform has to offer.  

Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors

Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive Calls for More Regulations for ‘Abusive’ Crypto Market Governments are still […]

THORChain token price up 16% following mainnet launch

After four years of waiting, THORChain’s new mainnet “marks the achievement of a fully functional, feature-rich protocol with a large ecosystem and strong community.”

Stepn GST Token Slides 97% – Despite Fitness App Having 3M Users

Stepn (GST) is competing in the fitness industry using cryptocurrencies and the blockchain. Stepn is a smartphone software built on Solana and produced by app developer FindSatoshi Lab that allows users to earn money by jogging, running, or walking. Under the influence of this bearish market, however, the price of GST (Green Satoshi Tokens) has fallen below the $1 critical support level. The coin is currently trading at $0.18, representing a 97 percent decline from its all-time high of a little over $9 on April 28. To prevent the ecosystem from imploding, the coin must once again attract purchasers like it did during that month. Suggested Reading | Bitcoin Steady Above $20K After Drop To $17K – A Slow Climb To Green? Can 3 Million Stepn Users Help Boost GST Price? The NFT-based exercise app has amassed 3 million active users each month. Given the high number of customers, market experts wonder if this will cause the GST price to rise slightly. Similar to Fitbit, Stepn is a GPS-based game in which the app counts your activities and steps. To begin running, you must acquire a virtual pair of sneakers. These newly-minted NFTs can be resold on the market for a possible profit to purchase a better pair. By the way, the Stepn app doesn’t work with a treadmill or any other electric-powered gym equipment: you must use your legs, and run outside of the house. Two months ago, Web3 employees would boast on Crypto Twitter about making up to $30 just by running. At the time, one pair of Stepn’s NFT sneakers cost a whopping $600 (priced in SOL). Crypto total market cap at $905 billion on the daily chart | Source: TradingView.com GST Price Drops Lowers Those that engage in physical exercise can earn GSTs. Different types of sneakers refund GST at varying rates; the better the efficiency attribute of a sneaker, the more GST the user can earn per minute. At the peak of GST, you might get your money back in approximately 30 days. Now, GST is only 18 cents, and jogging a few miles with an entry-level footwear NFT will earn you less than $1, which is a far cry from the easy $30 you could earn by running a short distance. GST was the most popular cryptocurrency earlier this month when the token’s price was closer to $1; however, despite the excitement and a 30 percent increase on June 8, GST’s price fell further. GST has a market cap of only $23 million and ranks #529 on CoinMarketCap. The market capitalization of GMT is at $365 million, down from $4.17 and over $2.2 billion at its peak on April 28. Suggested Reading | ApeCoin Shed $2.5 Billion From Its Market Cap In May – Investor Appetite Fading? Featured image from RationalInsurgent, chart from TradingView.com