Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

I finally understand why people are so upset about ETH gas fees.

Earlier this year I did a bit of fooling around with the ETH ecosystem and found myself paying between 10-20 bucks in gas fees per transaction, as long as I was careful and monitored EthGasStation.info before making a swap, so when people complained about gas fees I just thought "hey that's the price of doing…
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All About MovieBiz Coin: The Token Disrupting the Film Industry

Before the spread of COVID-19 in 2019, movie sales around the world raked in over $45 billion. As cinemas shut down across the country due to the pandemic, in 2020, the US market decreased 65.7% from $11.4 billion to $3.9 billion. Since the pandemic has eased and people have adapted to a new normal, the global movie market has slowly begun to bounce back. With the industry booming again, the pandemic has changed the way the entertainment industry operates. Entertainment streaming platforms, such as Netflix, Hulu, and Amazon Prime Video have become increasingly popular. These platforms not only offer convenience and a multitude of options to users but also encourage independent filmmakers to submit their projects and ideas, giving them a chance at the once monopolized entertainment industry. As blockchain continues to make its mark on the financial world, more companies are moving towards decentralized technology to increase their financial security and transparency. However, the decentralized solution to the ongoing problem had yet to be introduced to the filmmaking industry. Decentralizing the Film Industry Built on blockchain technology, MovieBiz Coin aims to decentralize the current film industry. The platform encourages producers, directors, and all players involved in the movie-making business with more opportunities to grow, raise capital and establish their projects, therefore giving them an open door to showcasing their talent while giving investors opportunities to enter the movie industry. Specifically, using crowdfunding technology, producers can tokenize their films by leveraging the MovieBiz Coin platform. The platform is also disrupting other parts of the film space, with its independent movie booking service called BookingCandy. BookingCandy allows users to book tickets at local cinemas through their smartphones using blockchain technology. With the smart contract capability, retailers are ensured that their tickets are encrypted and can only be sold at face value, preventing ticket scalping. MovieBiz Coin was created to support independent filmmakers, allowing them to create and showcase content, raise funds, and reach a trusted global community of film enthusiasts. Through their native $MBZ token, MovieBiz Coin aims to use its technology to invest in films and artists worldwide. The advantages of having a decentralized platform allow MovieBiz Coin to confidently move headfirst into large and diverse markets, attracting film-making advocates all around the globe. MovieBiz Coin is a revolutionary step forward for the film industry, inspiring unconventional movie talents to access a slew of projects that, thanks to blockchain technology, are sure to enrich people’s lives with content that captivates and entertains. “Most people don’t have the opportunity to invest in the movie industry and the main investors [are] people from the movie world. We [want to] change the way the movie industry works while making it possible for anyone to invest and make profits by investing in movies,” the company has stated on its website.  

Bitcoin falls to a 1-month low after a 6% dive drops BTC price to $56.6K

A snowball effect knocks BTC price through key support levels after today’s 6% drop sends Bitcoin to its lowest levels since mid October.

Covesting Module Month In Review: November 2021

The month of November has been a volatile one, leading to new highs in both Bitcoin and top cryptocurrencies, as well as the stock market, but then almost immediately a shakeout. Now, the market is confused as to where things might turn next. Regardless of the direction, Covesting copy traders enjoyed another successful month in November. With the proper tools to take full advantage of the recent volatility, while most of the market suffered losses, Covesting strategy managers instead were able to pull in a few thousand percent in gains. At the same time, their followers made a share of that good fortune.  Here is a closer look at the fully transparent Covesting global leaderboards, the current standings, and a spotlight on the top five traders of the month. Recapping The Reasons Why Covesting Matters To recap, the Covesting copy trading module is a massive peer-to-peer trading community with pages full of hundreds of strategy managers who have their trading performance tracked for the world to see. Followers can pick from the always growing list who to follow based on what the metrics in the leaderboards are saying. There is also a five-star rating system that puts an extra spotlight on safety and skills, but as the top of the list has shown now and in the past, you can still rise to the top of the ranks of total profits without any stars at all. Top Five Strategy Manager Spotlight The current standings in the top five are led by a trader with more than 3,500% profits. The strategy manager by the name of Natilos currently is the reigning champion of the Covesting leaderboards, with an almost 2,200% lead over the next best contender, Kuiper. Both traders have been active around two months total, but already have so much profit to show for it. BeastBTC has activated beast mode, with a 1,100% total profit and a third-place ranking. 7goners, who has bounced around the top five over recent weeks, holds on with just under 1,000% total profits. Rounding out the top five is Winning Traders, which is what the strategy manager’s followers could be referred to as, as well, having over 900% profits to roar about. Top Ranked Trader Speculated To Have Shorted Bitcoin Diving deeper into the top strategy manager’s performance, we can see that most of the returns have been made over the last 30 days or so. The performance really kicked into high gear around the second week into November, which suggests that the trader might have gone short on Bitcoin at the recent all-time highs.  Strategy managers don’t just have a keen eye for spotting reversals, but they have years of experience and the advanced trading tools offered by PrimeXBT at their disposal. Covesting copy trading is available exclusively at PrimeXBT, an award-winning margin trading platform. The platform offers everything from long and short positions, to built-in charting tools, and more than 50 different trading instruments all from a single account. How Will The Year End For Covesting Copy Traders? With the month of November about to close out, all eyes will be on December to see which Covesting trader is able to make the most money to close out the year. The Covesting yearly review will be one to remember, because the year recap will include stories of a Covesting trader who was able to make as much as 100,000% in total profits before booking their profits and retiring as a legend. The Covesting copy trading module has since earned itself a reputation for minting a new generation of iconic traders. Anyone can become a strategy manager with a low starting deposit – do you have what it takes to be the next Covesting copy trader in the top five?  

Crypto miner PrimeBlock reportedly plans to go public through 10X Capital merger

The merger could result in a valuation of the two firms at roughly $1.5 billion following a $150 million fundraising round from 10X Capital Venture.

Merge Community Call #2 – Apps, Wallets, Explorers, Infra Providers

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

Avalanche soars to new highs after Deloitte adoption — But risks emerge for AVAX price

The “Big Four” accountant announced that it would leverage Avalanche’s blockchain for a new project.

Just sold all my ETH, so now it should start bouncing back.

You're welcome everyone. submitted by /u/DoomOss [link] [comments]

Cypher raises $2.1M to build out expiratory futures protocol on Solana

Cypher, an expiratory futures protocol built on Solana, today announced it has raised $2.1 million in a seed round co-led by Sino Global Capital, SkyVision Capital, and Blockwall Capital. With this new capital, the company will launch a protocol designed to offer synthetic derivatives products. Cypher’s focus on futures-like products with a defined settlement date…
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BetaBlocks gets $1.5M in seed funding to scale its white-label tokenization platform

BetaBlocks, a Miami-based blockchain-asset infrastructure company, announced it has received $1.5 million in seed funding. The round was led by E3 Negócios, Ocean Azul Partners, and SaaS Ventures. Founded in 2018, BetaBlocks has helped companies such as Magic Leap, Ohm Health, and Blackdove navigate the world of crypto-assets and privacy. After concluding the Endeavor ScaleUp…
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