Category: Cryptocurrency News

Every witness who appeared in front of the committee seemed to have their own rallying cry for U.S. lawmakers, from calling for greater KYC/AML compliance to “avoid policies that encourage the growth of stablecoins.”

Any risks of staking I should know about? submitted by /u/Massive-Wasabi737 [link] [comments]

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

Cypherium, a highly scalable and permissionless blockchain platform, today announced that they have enabled support both for an Ethereum Virtual Machine (EVM) as well as the Ethereum Network’s primary coding language, Solidity. The benefits that come with this are many, but include bringing about much greater interoperability for Cypherium itself, and also means that Ethereum…
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Ledger, the popular blockchain asset security and hardware wallet company, announced it has opened a waitlist for the launch of its Crypto Life (CL) Card. Users will be able to top-up and manage the card easily and securely through the Ledger Live application. Features Include: Access to liquidity using the crypto as collateral. Open a…
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It baffles me how Coinbase, Binance, Kraken and almost most other exchanges have some sort of restriction SPECIFICALLY for users from the United States. The SEC threatening to sue any exchange that tries to give people a liveable interest rate is unacceptable. Absolutely NO ONE should have their money in a deposit account giving them…
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Tesla CEO Elon Musk said the electric-car maker will take dogecoin as payment for its merch, causing the cryptocurrency to soar by as much as 33%. Elon Musk’s Revelation Sends Dogecoin Up 30% Prior to Musk’s revelation, the price of Dogecoin was declining, but it immediately soared by as much as 30%. According to cryptocurrency statistics website Coinmarketcap, it was recently up 26% at $0.2092. Musk said in a tweet: “Tesla will make some merch buyable with Doge & see how it goes. The Tesla CEO has long been a backer of dogecoin, a cryptocurrency based on a Japanese Shiba Inu dog that was created as a joke in 2013. Tesla sells t-shirts, ‘Giga Texas’ belt buckles, and miniature models of its vehicles, as well as unique limited-edition items like the ‘Cyberwhistle,’ which is based on the company’s much-anticipated Cybertruck. It just released a kid’s quad bike called the ‘Cyberquad,’ which is based on the truck. In a Twitter poll in May, Musk asked people if they wanted Tesla to accept dogecoin. During his guest-hosting stint on the “Saturday Night Live” comedy sketch TV show in May, he referred to dogecoin as a “hustle.” Related Article | Dog Eat Dog: Elon Musk Leaving Doge Behind For New Dog Coin? Musk stated in a May tweet that he was collaborating with dogecoin developers to increase the system’s efficiency. Dogecoin prices soared by 22% as a result. Then, in June, he tweeted that it was “critical to support” a proposal to lower Dogecoin fees, making the cryptocurrency more competitive with other cryptocurrencies. Musk, who has more than 66 million Twitter followers, has been heavily involved in this year’s retail trading craze, tweeting about cryptocurrencies and assisting in the movement of their prices. Musk has done it again | DOGEUSD on TradingView.com News Comes As Musk Is Named Person Of The Year On Monday, the world’s wealthiest man was selected as Person of the Year by Time’s Magazine. The publication called Musk “clown, genius, edgelord, visionary, industrialist, showman, and cad.” Musk argued that dogecoin is more suited for transactions than bitcoin in his statement. BTC, according to the Tesla CEO, is more suited as a store of value. He also said he “doubts that crypto will replace fiat currency.” Related Article | Elon Musk & Crypto: “How One Man Has All That Power” Nonetheless, at the end of Q3, Tesla still had $1.26 billion in BTC on its balance sheet. DOGE is not owned by the corporation. Musk, on the other hand, has previously stated that he owns dogecoin, bitcoin, and ether. Featured image from iStockPhoto, Charts from TradingView.com

This shows how Deflationary ETH can get, and Wide use case of Ethereum network with DEFI, NFT's, Metaverse, L2. $4.4B worth of ETH burned in 5 Months thanks to EIP1559. Supply shortage, Increase in demand, Scalability L2, ETH 2.0. will make it Scarce asset! submitted by /u/Prestigious_Owl4418 [link] [comments]

submitted by /u/Spirited-Mud9009 [link] [comments]