I've always been long term bearish on single app L2s for a few reasons the main ones when it comes to loopring are; not having a virtual machine and allowing anyone to deploy smart contracts to your L2 is a huge disadvantage. No single team/company has the resources to compete with the productivity of an…
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A major tech-focused e-commerce platform, Newegg, has announced that SHIB is coming soon to its platform. Newegg currently accepts cryptocurrencies via Bitpay. The crypto payment service provider is expected to add SHIB support soon, according to AMC Theatres CEO Adam Aron who said his company will start accepting SHIB for payments in the first quarter. […]
Shorts have been steadily rising with no upper limit in the last couple days with buying pressure still supplying upward pressure. Just take a look at datamish.com and see how most coins, especially BTC, are being shorted to an insane degree with FUD regarding the "Omicron variant" as an excuse. It's actually infuriating seeing the…
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submitted by /u/definitelytemporary [link] [comments]
I’m a bit of a noob to understanding exactly how L2 roll ups will work. I understand the need for it and a high level understanding on how it works by passing work onto the layer 2 chains. But what I don’t understand is, how will end users actually be making transactions when using layer…
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Mexican billionaire Ricardo Salinas Pliego has advised investors to put their money into bitcoin. Salinas who is the third richest man in Mexico advised this due to the rate at which the Fed is printing dollars. Inflation rates have soared in the past year and are expected to continue doing so. The billionaire advises putting…
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A lot of people joke about screenshooting NFTs, but isn’t this a genuine problem? What’s the point of having a non fungible token if the thing that the token represents is fungible itself? It just seems to be functionally useless and is entirely devoid of intrinsic value. I understand the idea of not actually owning…
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submitted by /u/CryptoBumGuy [link] [comments]
It might not be a popular strategy but here is how I choose what coins/tokens to buy and sell. I do hold some eth and btc, but with my extra money I like to chase underdogs. First, I try to stick with coins that are at least in the top 50 market caps to minimize…
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