Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Don’t FOMO out of your alt position for BTC. Think of BTC growth as the slow pulling back on a slingshot for alts!

It's been such a good year for alts that it seems like many newbies (and not so newbies) are starting to feel mad FOMO watching Bitcoin soar and get all the press while many alts are seemingly stagnant. This would be a good time to remind many that this is the natural progression that you…
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Jimmy Choo Launches NFT

Luxury fashion accessories brand Jimmy Choo is pleased to announce its first step into the digital art and gaming conversation by introducing two NFT initiatives, in strategic partnership with UCOLLEX. As the final layer of the collaboration with New York artist, Eric Haze, Jimmy Choo will be launching a one-of-a-kind NFT for auction alongside 8,888 Mystery Boxes for purchase on the Binance NFT marketplace. The NFTs reinforce the theme of collectability that runs through the collaboration fusing art, fashion and street culture. On October 20th, an animated artwork featuring a digital version of the sneaker produced for the JIMMY CHOO / ERIC HAZE CURATED BY POGGY collaboration will be available to be bid on Binance NFT. The NFT features the sneaker rotating against a canvas of Haze’s signature script and only exists digitally. The auction’s highest bidder will not only hold the NFT but will also receive a limited-edition hand-painted pair of sneakers. The auction bidding will be hosted on the Binance NFT marketplace. All profits from the auction will be donated to The Jimmy Choo Foundation in support of Women for Women International, helping women survivors of war rebuild their lives. In addition to the auctioned NFT, Jimmy Choo will make available 8,888 Mystery Boxes for purchase. They will be divided into four tiers of scarcity: a single Jimmy Choo / Eric Haze LOVE 100 Glitter, 445 super-rare cards, 3,109 rare cards, and 5,333 neutral cards. Buyers will purchase without knowing which card they will get ahead of time. The Mystery Boxes will launch on October 20th on Binance NFT for 30 BUSD. Users who collect either the SSR or the SR from the Jimmy Choo Mystery Box will have the chance to receive a super rare, never-before-seen NFT design by Jimmy Choo, launching at a later date. NFTs, or non-fungible tokens, sit at the intersection of art, fashion and technology. They are unique pieces of digital data stored and protected via a shared online ledger and are minted as one of a kind, which gives them their value. The launch of the NFT is the final element of an ambitious multi-layered collaboration born from the blend of three creative visionaries, three global capitals and three distinct points-of-view bringing to life one iconic partnership. The JIMMY CHOO / ERIC HAZE CURATED BY POGGY collaboration fuses the unique creativity of the New York based artist and designer, Eric Haze, the Japanese fashion icon and guest style curator, Poggy and the brand’s London-based Creative Director, Sandra Choi. Sign Up here: https://row.jimmychoo.com/en_AU/eric-haze-poggy-nft.html The NFTs will be available to purchase here: https://www.binance.com/en/nft

Better call SOL: Month-long consolidation puts Solana price en route to $275

SOL has been forming a Bull Pennant following its 14,200% year-to-date price rally.

To the people who held since May crash, thank you.

Whoever you are, wherever you come from, whatever you held, you refused to sell and stood your ground. You believed in the tech and not the words of those who doubted it. You deserve these gains because of that, and I for one thank you for holding the ground, I can hardly imagine what would've…
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BREAKING: Nasdaq listing hints that the SEC may soon approve ETF application from Valkyrie

Nasdaq’s vice president of listing qualifications, Eun Ah Choi, said shares of Valkyrie’s Bitcoin ETF had been certified for listing on the exchange.

Bitcoin Returns To $60K, What’s Holding Off From New ATHs?

At the time of writing, Bitcoin has smashed its way through the $60,000 resistance and seems ready to take on new highs. The first cryptocurrency by market cap records a 11.6% and 4.2% profit in the weekly and daily charts, respectively. Pseudonym analyst Pentoshi expects Bitcoin to entered uncharted territory in the near future. As he pointed out, BTC’s price was capable of breaking out of its macro low high by forming a new trend. Related Reading | TA: Bitcoin Key Indicators Suggest Upside Continuation To $62K As seen below, Bitcoin has created an important support at the $50,000 levels with a two potential targets for Q4, 2021. The first located at $70,000 and the second at $85,000. $BTC key noteHas now taken out the MACRO LH from when it topped and started it's LL + LH. While forming a new trend of HH + HL It's only a matter of time before ath's w/ this structure pic.twitter.com/sNK0VI51rH — Pentoshi Won’t Dm You. hates Dm’s. DM's are scams (@Pentosh1) October 15, 2021 Bitcoin Gets Stronger As The Bulls Take Over Data provided by analyst William Clemente in a report by Blockware Intelligence paints a bullish picture for Bitcoin. Less than 1% of BTC’s supply has been move above current levels. Therefore, the report claims there is “very little resistance or overhead supply to the upside”. The Bitcoin Entity-Adjusted Spent Output Profit Ratio (SPOR), a metric used to measure realized profit and loss for holders, sits well above 1. As seen below, the last time this metric stood above 1 or higher was during April 2021 when Bitcoin was trading in its all-time high of $64,500. There is some significant movement in the derivatives sector with the potential approval of a BTC Exchange Traded Fund (ETF) in the U.S. As reported by NewsBTC, this possibility is one of the reason the market has flipped bullish. Related Reading | Bitcoin Futures ETF Is Coming, No SEC Opposition The report expects that the BTC ETF approval to create new opportunities for institutional investors to enter the crypto market, suggesting fresh capital coming in, to take a “non-directional position in the Bitcoin market”. Thus, institutions will be able to profit from the arbitrage created between the spot and futures market.  In addition, the Futures Annualized Rolling Basis indicates more upside pressure, as the report said: This means less convexity to the downside and shorts are more likely to be squeezed as they no longer have an inadvertent hedge via their collateral. I suspect that this will reverse once breaking all time highs but we’ll keep an eye on it. Bitcoin Whales Drive The Trend On-chain activity has followed the bullish momentum in Bitcoin with an increased in large transactions and trading volume over the past 30-days. A quick look at explorer mempool.space shows a rise in transactions fees over the past 24 hours. Related Reading | Why Bitcoin Could Extend Its Market Dominance As It Approaches $60K However, as the analyst said, whales are dominating the market as suggested by the lack of rise in google searches related to cryptocurrencies and on-chain metrics, the report said: (…) we’ve actually seen the 100-1K cohort offset their selling by over 1,000 BTC in that time period. Overall, conclusion is that large buyers have indeed been active in the market

The future of the vast oil and gas industry depends on blockchain

Innovative oil and gas companies are leveraging blockchain, but the industry as a whole may be slow to adopt the technology.

Bitcoin Is Now World’s 8th Most Valuable Asset — BTC Now Targets Silver’s $1.31T Market Cap

The price of bitcoin had crossed the $60K zone at 1:30 a.m. (EST) early Friday morning. The leading crypto asset’s latest price jump has made it so bitcoin’s overall market valuation of $1.119 trillion has surpassed Facebook’s market capitalization. The digital asset is also nearing the entire net worth of all the silver in the […]

[AMA] We’re Matter Labs, the team behind zkSync, the first EVM-Compatible ZK Rollup, powered by our zkEVM.

We just migrated the first Solidity dApp to the zkSync 2.0 testnet. UniSync Demo: https://uni.zksync.io/ Demo Announcement: https://medium.com/matter-labs/unisync-a-port-of-uniswap-v2-on-the-zkevm-b12954748504 zkEVM FAQ: https://zksync.io/zkevm/ Team Members: /u/astarinmymind, /u/gluk64, /u/stanbreadless, /u/codingllama The team will be answering questions throughout the day! submitted by /u/astarinmymind [link] [comments]