Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

NJ miners

Any NJ miners out there? submitted by /u/vsu2002 [link] [comments]

Ethereum to become a deflationary asset? EIP-1559

Can anybody provide more insight on this being potentially true? Trying to get a better understanding of EIP-1559. Link here for GitHub page: https://github.com/ethereum/EIPs/blob/master/EIPS/eip-1559.md The page called this out at the end that got me thinking about the potential for ETH to be deflationary in the long run: ETH Burn Precludes Fixed Supply By burning…
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Staking or yield farming

I've been trying to figure out yield farming, but trying to figure it all out is really confusing. It seems like blockfi and nexo offer about the same as staking more or less 5% (if you stake on an exchange, they take a cut and so the results seem about the same). Can other methods…
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TA: Bitcoin Turns Attractive Above $50K, Why BTC Extend Its Rally

Bitcoin price gained bullish momentum above the $50,000 resistance against the US Dollar. BTC traded towards $52,000 and it remains supported for more upsides. Bitcoin started a fresh increase above the $50,000 and $50,500 resistance levels. The price is now trading well above $50,000 and the 100 hourly simple moving average. There is a key […]

Sent some Ethereum today

So I’m a Hodler, I NEVER cut loose of anything, but for the sake of simplicity my brother gave my daughter a check at college and he said he’s cool with 2 ETH (since his wife holds the checkbook) Knowing everyone is talking about gas prices I asked him what gas costs and his answer…
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My crypto mistake in 2016 cost me about $6,850,000 with current prices. What was your worst crypto mistake?

No Cap Invest checking in with my oopsie. I discovered Ethereum when I was 19 still in college. I tried mining it but didn't succeed. (Nowadays I'm mining $2k a month and I'm building a solar powered bitcoin mining farm. I know, just like vosk.) ANYWAYS I bought an ethereum mining contract for $300 when…
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With the Federal Reserve literally creating fiat currency out of thin air, it is no longer ‘BTC has risen to $51K’, but is now ‘The US Dollar has fallen to 0.0000196 BTC’. Deflationary stores of value are the ticket to financial security.

The Fed's balance sheet is DOUBLE what it was just two years ago. Our dollars are worth half what they were only 24 months back. It's obvious why BTC and other deflationary cryptos are where the smart money is going. submitted by /u/Professor_Tanaka [link] [comments]

Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm’s Shares Down 30% Since Buying

Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would sell the bitcoin. Additionally, the shares of Microstrategy’s firm have also […]

UNI surges 50% in one week, becomes first DeFi DApp token in crypto’s top 10

Uniswap’s governance token has become the first DeFi token to rank among the ten-largest crypto assets by capitalization.

NFT representing incinerated Banksy painting fetches nearly $400k

A tokenized version of a destroyed Banksy painting sold for nearly $400,000 on NFT marketplace OpenSea.