The funds gave him the ability to quit his job, which paid $68,000 annually, to stay at home taking care of his son and participate in online discussions about projects related to the memecoin.
Tulip, a yield aggregation and leveraged yield farming protocol, announced today it is integrating Chainlink Price Feeds. By integrating the popular oracle network, Tulip will gain access to a high-quality, tamper-proof source of financial market data needed to secure leveraged yield farm positions. As a result, both lenders and borrowers will have greater assurance that…
Read more
Sundaeswap swap has recently released their work around for the fact that UTXO currently cannot run a permissionless, decentralized AMM DEX (Uniswap/PancakeSwap). Items of note: -the Sundaeswap team determined that the entire Cardano chain, without any other dApps competing for resources, will have slower PEAK tx speeds than half the AVERAGE tx rate used by…
Read more
Fairly new investor here. I managed to get my hands on 1 Ethereum back when it crashed. However, all my Ethereum is on my robinhood account. Will this impact me negatively or will I be able to transfer it over to another app with its crypto wallet coming out ? submitted by /u/Wichawt…
Read more
Us Cardano holders have been having a hard time as ADA continues to crab while every other Crypto seems to be moving. Then lately this sub has been having a great time poking jokes at us and the general sentiment of this sub is that ADA is done. Well I still think long term there…
Read more
submitted by /u/bdinu89 [link] [comments]
I accidentally sent some ETH to my ETC wallet on bittrex, does anyone know how i can send it back to my ETH wallet? I was using METAMASK submitted by /u/BurntTurmoil [link] [comments]
The Federal Bureau of Investigation (FBI), America’s domestic intelligence and security service, has published a public service announcement concerning fraudulent schemes associated with cryptocurrency ATMs and QR codes. The FBI’s warning, published on November 4, highlights the presence of “scammers” directing their energy at unknowing victims. US Federal Agency Warns of Increase in Crypto ‘Scammers’ […]
A massive battle has been taking place as Bitcoin moves sideways in the past day. The benchmark cryptocurrency trades at $60,938 as of press time with a 1.2% profit in the 7-day chart. Bitcoin was rejected at the high of its current level driven by a surge in institutional demand. The launch of the first BTC-linked ETF in the U.S. seems to be a potential cause for the rally. Related Reading | Data Shows Whales Are Dumping, But Bitcoin Holds Above $60k The market has been cooling off post launch of the investment product leading into a consolidation phase, as noted by QCP Capital in a recent report. The price action could continue in its crab-like trend as the volatility diminishes, the firm places it at 60% during the past days. In consequence, the general sentiment in the market seems to be flipping bearish or at least uncertain. A large portion of traders and Bitcoin investors count on further gains as November is historically a bullish month for the cryptocurrency. In support of this thesis, the Stock-to-Flow model created by analyst Plan B has triggered a lot of hype. Created to measure the amount of BTC produce and the market demand as a response, the model makes prediction about the price of Bitcoin. According to the model, BTC should trend to the upside and reach a price target of around $80,000 in the next two weeks and move beyond $100,000 by the end of 2021. Plan B has been updating its followers via his Twitter account. The analyst expects Bitcoin to re-entered price discovery with a massive rally in the short term. Are you ready for +$10K daily candles? pic.twitter.com/SSOCRNalJ5 — PlanB (@100trillionUSD) November 5, 2021 Bitcoin Follows Stock-to-Flow Model Like Clockwork? In a different post, the analyst shared an updated chart that follows Bitcoin and its trajectory into the $100,000 zone. As seen below, the cryptocurrency approaches the prediction. The analyst recently conducted a poll asking his followers if Bitcoin will be able to reach that target, based on the original S2F model, or if it will reach $288,000, based on a prediction made with the S2FX model a variation of its previous model, or if it’ll go beyond by December 2021. Related Reading | The Fractal That Puts Bitcoin At $100,000 Before Year-End 203.569 people replied to the poll. As of press time, 38.4% believe Bitcoin will be at $100,000 by that time, and 34.4% voted for $288,000. Do you think #bitcoin will reach $500K, $288K (S2FX model), $100K (S2F model), or will BTC stay below $100K .. by Christmas 2021? — PlanB (@100trillionUSD) November 5, 2021 Despite its popularity, the Stock-to-Flow model faces heavy criticism. Some find its predictions exaggerated, unrealistic, and based on inaccurate data. Thus, they have taken to accuse the analyst of hyping the market. Shortly, the model will be invalidated or confirmed if it fails to meet its target. In the meantime, BTC remains rangebound with whales and retails seemingly standing in opposite sides. Related Reading | Bitcoin Stable, Why BTC Could Aim Fresh Rally To $65K
