Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Skybridge Capital Founder Says Bitcoin ‘Will Easily Trade at $500K’ — Urges Investors to Buy Right Now

Skybridge Capital’s founder says bitcoin “will easily trade at $500,000 a coin,” noting that investors should buy some right now, even at the current price. “I’m trying to do my best to explain to them why they need to own this right now,” he said, emphasizing that we are still “very, very early.” ‘These Coins […]

Hedera Hashgraph’s New Grant Wants To Change How You Invest

Hedera Hashgraph, also known as HBAR, has been around for sometime now and has been on the radar for crypto tokens to look out. HBAR is looking to change up the crypto landscape and how we invest, and has a particularly unique approach. Lets take a look and dive into what’s going on with HBAR.              Related Reading | Bitcoin ATM Stolen During Raid In Barcelona A Look Into Hedera Hashgraph’s New Grant For those who may not know, Hashgraph is a distributed ledger technology that has been described as an alternative to blockchains. The hashgraph technology is currently patented, and the only authorized ledger is Hedera Hashgraph. What has everyone looking at HBAR recently? The network is taking a big leaps in making DeFi investing easier than ever for everyday users and investors. Hedera is teaming up with Aktio on the first DeFi application to drop on it’s network. This could be promising for the network: a user friendly product for consumers that will allow users to use predictive mathematics to invest in digital currency on the network. Hedera Hashgraph hopes to achieve the best products for ecosystem and seemingly will do so with help of grants. Within that Aktio partnership is the utilization of an HBAR Foundation grant, as the two parties announced in recent days.  Something to consider at how Aktio will be bringing the network its first-ever DeFi app using these funds. In return, Hedera Hashgraph will be providing organizational support in addition to the cash injection. Latest price action of Hedera Hashgraph HBAR as it maintains its value via Tradingview.com. | Source: HBAR-USD on TradingView.com Aktio: What To Know Aktio is a DeFi project based out of Ireland that seeks to usher in a new generation of finance by bringing management services to the blockchain. However, it also plans to do this by managing funds with the help of automated investing. Using the incoming Aktio app, users can have their funds managed by a series of predictive algorithms. In addition to this groundbreaking new crypto-investing tool, the partnership will also help Aktio roll out its Wealth Card. The Wealth Card will allow users to directly pay for goods and services with their assets from the app. According to the release, the card is already internationally recognized as a valid payment card. O now you are able to purchase and access this card for personal use.This is great news for people looking to get into a safe and easy way to use crypto a this project begins to unfold we will see what else Hedera Hashgraph has to offer and how they add more to the blockchain. Related Reading | How India Sees Crypto: Large Exchange Shows 10x Growth In User Base Featured image from Pexels.com, Charts from TradingView.com

Utility NFTs?

What are NFTs with a ‘Utility’ status? Saw an NFT on OpenSea that had a ‘utility’ category but also said it was a solution to buying real estate. How would this even work? Would people buy the NFT and then sell it, taking profits in Fiat and buying property? Would they sell the NFT to…
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AMC officially begins accepting cryptocurrencies for payment

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

Instagram scam?

vitalikbuterin.etherium on instagram, seems legit at first, 700k followers, but on his story there is a so-called "giveaway " going on with the following webiste- eth20giveaway/com Take a look and lets try and take it down. submitted by /u/Due-Protection-8740 [link] [comments]

Bitcoin Eyes Fresh Rally, Why Close above $66k Is Important

Bitcoin price recovered losses and climbed above $65,000 against the US Dollar. BTC must climb above the $66,350 zone to start a fresh rally in the near term. Bitcoin started a fresh increase from the $62,500 support zone. The price is now trading above $65,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $65,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if there is a clear close above $66,000. Bitcoin Price Faces Resistance Bitcoin price remained well bid near the $62,500 zone. As a result, BTC started a fresh increase above the $64,000 resistance zone. There was a clear break above the $65,000 resistance and the 100 hourly simple moving average. Besides, there was a break above a key bearish trend line with resistance near $65,000 on the hourly chart of the BTC/USD pair. The pair climbed above the 50% Fib retracement level of the main decline from the $68,762 swing high to $62,300 low. On the upside, an immediate resistance is near the $66,000 level. The first major resistance is near the $66,400 level. It is close to the 61.8% Fib retracement level of the main decline from the $68,762 swing high to $62,300 low. Source: BTCUSD on TradingView.com A clear break above $66,350 resistance may possibly call open the doors for a fresh increase. The next major resistance sits near the $68,000 level, where the bears might take a stand. An intermediate resistance for the bulls may possibly be near the $67,250 level. Fresh Decline in BTC? If bitcoin fails to clear the $66,350 resistance zone, it could start a fresh downside correction. An immediate support on the downside is near the $65,200 level. The first major support is now forming near the $65,000 level and the broken trend line. Any more losses could lead the price towards the $64,500 level. The next major support is near the $64,000 level, below which the price could even decline below the $63,500 support zone. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now well above the 50 level. Major Support Levels – $65,200, followed by $65,000. Major Resistance Levels – $66,000, $66,350 and $68,000.

Web 3.0 has become another marketing buzzword like “decentralized”. It’s a tokenized dystopia

https://twitter.com/mallardshead/status/1460082011746537473?s=21 It should be called the token layer, because you need to pay, swap, wrap, or stake them to do anything, and that's on top of paying gas with the protocol's native currency ETH. It's quite frankly ridiculous, inefficient, and capitalistic to the point it makes Web 2.0 look attractive. I mean, thanks for the…
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Let’s compare head on how decentralized is Ethereum compared to BTC?

Decentralisation is the most important factor IMO, what's the use of Crypto if it's not able to provide sovereignty to it's holder, TPS and smart contract blah blah is irrelevant if you're not decentralized enough. submitted by /u/ChaoticRationalist [link] [comments]

What is DeFi and why you should pay attention to it

Decentralized Finance (DeFi) is a term to describe applications built on blockchains to disrupt and decentralize finance. DeFi gives people the power to take more control of the services generally provided in centralized finance and creates extreme flexibility. Now that we have the definition out of the way we can talk a bit about why…
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Electrum Ravencoin wallet question

Am I able to make a receiving address that has no requested amount that never expires and I can mine directly to this? ​ I am doing a test now but would rather not waste time/money. submitted by /u/Interesting-Ease1869 [link] [comments]