Category: Cryptocurrency News

submitted by /u/squidjibo1 [link] [comments]

submitted by /u/ch1lakil [link] [comments]

Not sure what the best place to post this is but here goes: What's the best way to borrow stablecoin against my ETH? I want fiat for a down payment on a home but I don't want to sell my ETH: so my idea is to borrow stablecoin then exchange that for fiat. There are…
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According to https://alternative.me/crypto/fear-and-greed-index/; we have reached 'Extreme Greed' Segment of the index for the crypto market. ​ https://preview.redd.it/fiy32ppzwrt71.png?width=966&format=png&auto=webp&s=147593068626a5ab20c4b9f1ec6d8c5a549075bf Over the last one year, we're reaching the same indicators as of October 2020. ​ https://preview.redd.it/0cy4pzm6xrt71.png?width=1412&format=png&auto=webp&s=c2f03ca6aef58fa0fcfa8ecaecba5ef4ae306c06 The data is measured by these indicators; Volatility Market Momentum Social Media Sentiment Dominance of a coin Trends ​ Something something…
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Is ethgasstation broken or have they changed the format in which the actual gas price is shown? submitted by /u/thenamelessone7 [link] [comments]

there was a public sale nft, i tried to mint nft several times, all the transactions were canceled, but one of them now hangs in the waiting status dropped for over 8 hours. of course public sale is already completed and all nft sold out. should i cancel the transaction by paying an additional gas…
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Jack Dorsey wants to build a single system that can improve accessibility to Bitcoin mining and further decentralize the BTC network.

A bitcoin mining operation in Tennessee is being sued by neighbors due to the high level of noise the facility produces. The lawsuit, which was filed in August, asks mining operator Red Dog to shut down operations and pay personal damages fees, as well as compensate owners for decreased property values. The lawsuit could set […]

Let’s say you wanted to put an amount of ETH up as a bounty to reward whoever could have someone’s moderator status removed on another sub… how would you do it? submitted by /u/busiestbaron [link] [comments]

Earlier today, the owner of the non-fungible token CryptoPunks #6046 declined a bid of $9.5 million dollars in Ethereum (ETH), which would have been the highest on-chain NFT transaction to date. The bidder, who goes by an ENS of poap.eth, placed the record-setting bid after the CryptoPunks owner tweeted: “My punk is not for sale. Don’t care what anyone offers me.”  CryptoPunks is an NFT collection of 10,000 randomly generated images created by Larva Labs, and is widely touted and recognized as the #1 collection across the entire NFT space.  Related Reading | Cryptopunks are Headed to Hollywood The project is an all-time leader in total transaction volume at 552,073 ETH, or approximately $2.1 billion. Bored Ape Yacht Club (BAYC), which is the next largest collection on OpenSea, has recorded 1/5th of CryptoPunk’s all-time sales volume. According to data from Larva Labs, the most expensive transaction to date was $7.57M for Punk #7804 back on March 11, 2021.  Come on Richerd. Don't you want to go down in history as the top cryptopunk sale to date? pic.twitter.com/JEeIMo2MEm — POAP – The bookmarks of your life (@poapxyz) October 15, 2021 If the bid made by poap.eth were to have been accepted, CryptoPunk #6046 would have become arguably the most valuable CryptoPunk by more than 500 ETH. Interestingly enough however, the owner himself admitted that the “value” of his NFT was nowhere near the ballpark of $9.5M: [#]6046 is probably not worth 2500 ETH, it’s a mid tier punk due to its defining 3D glasses traits. So why would someone offer 2500 ETH on it?”  How Exactly are CryptoPunks Valued? Within NFT collections, the value of an individual piece is often determined by the rarity of its traits and characteristics. This is the case for CryptoPunks, with extremely rare traits like Aliens (0.09%) fetching a far greater price than ones with more common traits. In the case of Punk #6046, its trait of 3D glasses (3%) would be worth considerably less than extremely rare traits.  The average price of a CryptoPunk has skyrocketed over the past year, with data from DuneAnalytics showing a 1300% increase in average sales price since the beginning of the year. Despite these meteoric increases in price, the NFT space is still in relative infancy. Related Reading | Forget NFT Avatars: Owning and Trading NFT Colors Could be the Next NFT Trend on OpenSea  Coinbase, which recently announced its plans to release an NFT marketplace, saw over 1.5 million sign ups – a number trumping OpenSea’s user base by several fold. According to dappRadar, OpenSea has a total user base count of 263 thousand. With Coinbase entering the NFT space, there’s little to no doubt that the industry will continue to grow exponentially.  Interestingly enough, @richerd explained the reasoning behind rejecting the offer. He implied that his brand and online persona was largely connected to his CryptoPunk, and selling it would effectively sever this bond. “My identity, along with [the] identity of other iconic Punks, have value beyond the NFT itself. We have our own brands similar to any other brand and that has value. Because I value my personal brand and identity, this was an easy rejection for me.”  Featured image from Larva Labs