Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

USDC – ETH gas fees

I made the mistake of putting money into USDC thinking that I could directly purchase ERC-20 tokens/coins using it. Now I’m realizing there is not much I can do except swap for ETH but I want to avoid paying outrageous gas fees as I did not deposit a large amount of funds into USDC. Any…
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Project Serum allocates $100M to liquidity mining

The Solana-based project is incentivizing automated market makers to interact with its order book across a range of trading pairs.

ETH to yETH

Hey guys, I turned ETH into yETH and the value is showing like 4k lower than the value if it were ETH. can anyone shed some light on this? submitted by /u/itsallrightireddit [link] [comments]

49% of FLOKI is owned by one whale. Be careful before you buy!

https://bscscan.com/token/0x2b3f34e9d4b127797ce6244ea341a83733ddd6e4?a=0x087e62c4a3d64f028df3fc70d9d1d02578c31a12#tokenAnalytics This whale owns 49% of the available FLOKI. A rug pull is very much inevitable once the coin pumps to a high enough value. I felt like making this post because I saw way too many mentions of FLOKI in the daily discussion thread, but no mention of this. If you still want to…
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Why choosing to mine Ravencoin over ETH?

Until now I've been mining ETH using Ethermine and Unmineable. I know that with ETH I'm not wrong at all, but I wonder what makes you mine or buy Ravencoin over ETH. I'm thinking to switch to Ravencoin but I want to make it clear 🙂 Is that the halving that is going to happen…
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Burned Ethereum

Was it expected with the Altair upgrade that more Ethereum would be burned then mined or is this just a fad that will end? submitted by /u/GiraffeterMyLeaf [link] [comments]

Shiba Inu (SHIB) Breaks 8th Place In Crypto Top 10 With Unprecedented Rally

Shiba Inu is arguably one of the most talked-about cryptocurrencies in the space now. The meme coin had managed to crawl out of growing obscurity to the forefront of the crypto market. While the broader market has suffered alongside top cryptocurrency bitcoin, Shiba Inu has had other plans. Carving out its own growth pattern, the value of the asset had rallied to a new all-time high on Wednesday. Its break above $0.00004 and the subsequent crash had led the market to believe that the rally would be short-lived. SHIB had promptly fallen back to range $0.00003 range after hitting its new all-time high. But going against expectations, it had resumed its rally again and this time, its price had once again doubled, peaking above $0.00008. SHIB’s price in addition to its total supply has pushed the coin into the top ten cryptos and past its rival Dogecoin. Related Reading | Why Shiba Inu (SHIB) Rallied 266% Following Biggest Dump In Its History Playing With The Big Dogs Shiba Inu’s entry into the top 10 cryptocurrencies by market cap has put it in a position where it has to square up to bigger projects. One problem for SHIB remains its lack of use cases. Pushing past Dogecoin which has been in the top 10 for a while means that the project will have to evolve if it wishes to retain its prestigious position. Doge used its application as a payment option for its use case expansion. It remains to be seen what SHIB will use to cement its place in the top 10. SHIB price wavers at $0.00007296 | Source: SHIBUSD on TradingView.com The meme coin’s price has although not faltered in the face of its lack of use cases. In what looks to be a hype-fueled market, SHIB’s price has maintained its upward momentum for over three weeks. The primary pull towards the altcoin has been the massive returns. It has returned over 1,000% gains in its recent rally and the push for $0.0001 has continued. Shiba Inu May Just Be Here To Stay The Shiba Inu community has continued to push for listing on Robinhood. Public.com, a direct competitor to Robinhood, had listed the meme coin last week in light of increased demand. However, there is still no word from Robinhood regarding the listing of the asset. As the market awaits the trading platform’s decision, an interesting development occurred in the valuation of the two assets. Related Reading | Shiba Inu (SHIB) Jumps 50% To ATH Amid Robinhood Rumors SHIB’s rally caused the total valuation of the asset to surpass $40 billion. This has helped it beat out coins like Dogecoin and DOT to move upwards on the crypto top 10. But these are not the only notable projects Shiba Inu has surpassed. Robinhood, on which the meme coin is yet to be listed, is only worth $30 billion. This means that SHIB’s valuation is greater than that of Robinhood. Featured image from Coingape, chart from TradingView.com

ETH transfer issue

Anyone ever transfer ETH to blits wallet? I transferred from binance to blits and now ETH showing a negative balance on wallet. My MATIC never showed up either doing the same process. Any help would be appreciated. submitted by /u/jaybuck34 [link] [comments]

Indian government is reportedly considering regulating crypto as a commodity

Officials from India’s Finance Ministry said any potential law on cryptocurrencies would likely come around the time the government submits the Union Budget of India in February.

What does it mean to burn ETH?

I’ve been trying to understand this. Something about transferring to a dead wallet. Something about making the price go up. I still don’t understand it. submitted by /u/UGLVARPG [link] [comments]