Category: Cryptocurrency News

As the price of Bitcoin hovers just around $43,000, the cryptocurrency community is buzzing with expectation.  This is due to the sideways price action following Federal Reserve commitment to decrease balance sheet. Bitcoin and Crypto Market Crash The price of bitcoin fell below $44,000 shortly after the Federal Reserve’s December FOMC meeting notes re-confirmed efforts to regulate the balance sheet. After minutes from the Federal Reserve’s December FOMC meeting revealed that the regulator is dedicated to reducing its balance sheet and hiking interest rates in 2022, Bitcoin (BTC) and the wider cryptocurrency market plummeted as stock markets pulled back at the closing bell. BTC’s price dropped to $43,000 as stock markets corrected. This triggered a wave of liquidations that totaled $222 million in less than an hour. The market in bloodbath. Source: Coin360 According to TradingView data, Bitcoin was struck by a wave of selling that pushed the price to an intraday low of $43,717 after bouncing around support near $46,000 for a few days. BTC/USD Crash to $43k. Source: TradingView It is expected that the Fed will begin raising its benchmark interest rate in March, “which would mean that balance sheet reduction could start before summer.” Related article | Altcoin Underdogs Outperform Bitcoin To Kick Off 2022 Rekt Capital Foreshadows Similarities The chart below was posted by crypto analyst and pseudonymous Rekt Capital, showing the “many similarities between this BTC range and May 2021.” BTC/USD 1-week chart. Source: Twitter According to Rekt Capital, “Both saw BTC consolidate inside two Bull Market EMAs (i.e., green 21-week & blue 50-week EMA). If BTC is to repeat history, a capitulation event could take place where BTC briefly deviates below the blue 50 EMA.” If the price does not break back over $46,000, the market may be in for a prolonged bear market. BTC may retrace to the low $30,000 region. The Securities and Exchange Commission (SEC) of the United States postponed its decision on NYDIG’s spot bitcoin exchange-traded fund by 60 days on Tuesday (ETF). The delay led to a negative sentiment in the crypto markets, with several tokens experiencing a quick sell-off following the announcement. Related Reading | Bitcoin Open Interest Reaches Dangerously High Values, Leverage Flush Coming? Featured image from Unsplash.com, charts from TradingView.com, Coin360

On the 4th anniversary of the exchange in December 2021, CoinEx launched the “Meet the CoinEx Team” anniversary celebration together with its global Ambassadors as a gesture to thank and give back to users. On December 21, 2021 (UTC), on behalf of the exchange, CoinEx’s US Partner Devis Maxhari hosted a “Meet the CoinEx Team” meet-up to celebrate the exchange’s 4th anniversary. Ever since its inception, CoinEx has always valued interactions with users. This meet-up brought users and the exchange closer through videos, and CoinEx’s US team also reached out to the local users face to face during this wonderful offline event. At the meet-up, CoinEx’s US Partner Devis Maxhari hosted entertaining Q&A sessions about CoinEx and CET and allowed the local users to learn more about the exchange through games. The winning users received anniversary gifts, including branded goods like official CoinEx shirts. Over the past four years, CoinEx has earned the trust and recognition of local users in the United States through joint efforts made by the exchange and the local team. The anniversary celebration also brought CoinEx closer to the local users while allowing the exchange to better understand their needs. Moreover, the meet-up also improved the exchange’s local image and recognition, and impressed the local users with its mission of “making the world a better place through blockchain”. CoinEx’s global presence is inseparable from the support and trust of partners and users in the states. The anniversary meet-up not only showed that the CoinEx is well received among local users but also conveyed CoinEx’s gratitude towards its US Ambassadors and users. The solid progress of the exchange is backed by joint efforts made by CoinEx and its users around the world. In the future, CoinEx will keep offering more user-friendly, more stable trading environments and services to its US users in a world filled with both opportunities and challenges. We look forward to meeting more users in the United States.

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Ok, apologies if this comes across as a basic level question but if one were to store Eth on a cold wallet for the long term, what would be the process in the future to then have access to those tokens? I’ve read about Rollups decreasing fees and improving transactions significantly. Basically, is one fine…
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Cryptocurrencies and blockchain technology continue to push back against the established global financial system, promising a more equitable society for all. Finance, privacy, governance, and charity — all of these components of society have been significantly boosted by technological innovations, removing barriers for everyone. Despite early progress, realizing these goals requires significant additional effort. Indeed, much more potential exists in the use of decentralized technologies when it comes to charities. Tiger King Coin has begun doubling down on this opportunity, knowing that a worldwide community can come together to better the world. A group of friends who love tigers launched the project to support those who advocate for the animals. One of the early initiatives was to aid Netflix star Joe Exotic and his fight for justice, receiving endorsements from the star and his team along the way. After successfully contributing over $300,000 towards that endeavor, the token’s leadership is now pivoting back to the original essential cause – advocating for tigers and supporting others who do the same. The Year of the Tiger Is Upon Us According to the Chinese Zodiac, 2022 is the Year of the Tiger. The team behind $TKING will use this cultural event to bring attention, awareness, and support to protecting and conserving the species. Tigers are remarkably majestic and intelligent creatures, and it is an international travesty that they are dwindling in numbers all over the world. In so doing, the crypto project is returning to its primary mission of protecting tigers and is focusing on charity to realize those goals. To that end, $TKING has outlined a set of key initiatives as a guiding principle for future efforts. The primary focus is to leverage a 2022 Year of the Tiger marketing push to expand the use cases of the $TKING ecosystem. The team is actively developing a portfolio of dApps to create a robust platform for the community, which will play a prominent role in the quest for tiger conservationism. The project also plans to partner with several brands that draw a similar inspiration from the majesty and mythology of the tiger and also work with tiger sanctuaries. These partnerships will give the project the exposure to strengthen tiger conservation initiatives. The Tiger King team aims to make additional charitable donations this year, which have already started via a community-led push to donate 500 tiger plushies to St Jude Children’s Research Hospital. Tiger King Coin will expand marketing to Asian countries, working with influencers and celebrities to promote the case for tiger conservation in the most impactful areas of the world. Accompanying this will be technological developments that will bring more utility to $TKING. These factors are just the start of what $TKING offers, and it plans to become a lynchpin of animal conservation in the crypto space. There is so much work to be done in this field as most charity and advocacy movements are still in their infancy and have only reached a fraction of their potential in this exciting new space. Cryptocurrency markets can generate significant resources to help the world’s species, and that is what the Tiger King community, known as #TigerForces, is firmly intent on doing. A Project With a Cause Tiger King Coin has a lot lined up for next year to support its efforts to help Tiger conservation. Thanks to award-winning shows like Tiger King, there is already a strong interest in the topic. Similarly, meme coins have shown how projects can stir communities to target charities and advocacy groups in need. As Tiger King Coin expands to become the driving crypto focal point for doing good, 2022 will be a big year for the project, its community, and of course, for tigers everywhere. Stay tuned for Tiger King updates via website, Telegram, and Twitter.

I'm about to deploy an ERC-20 in the network, let's assume that the total supply is 10 million: What is the ideal gas limit I should set for the token? How can I know the required amount of gas(fee) I'm going to pay to the network for uploading the smart contract? * Assume the token…
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You can keep staying an Ethereum developer developing with Solidity however on the Iota network. Smart contracts with zero fees. That’s the future. And here’s how: IOTA, EVM and Solidity Iota does really make things easy. submitted by /u/TrinityTonic [link] [comments]