Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Reasons on why we’re still early.

For those of you who're worried about your investment, or maybe you're thinking on buying more, or you bought at a certain price point, and you're not having the profits that Bitboy was promising, you might be interested on looking at some of this information. First, let's take a look at this graphic on the…
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My first time trying Solo, let the hustle continue.

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

What is currently the best way to lend/stake my eth?

I’m looking for hodling my eth which is currently on an exchange with no interest. Lending platforms? Protocols? Looking for rates above 4% and interest paid in eth. Thanks in advance submitted by /u/nnnyms [link] [comments]

Hold or sell?

I bought some ETH a few months ago and not sure if I want to risk losing anything View Poll submitted by /u/sara_best [link] [comments]

NFT Fantasy Football Platform Sorare Raises $680 Million in Series B Led by Softbank

On September 21, the non-fungible token (NFT) fantasy football platform Sorare announced the company raised $680 million in a Series B funding round led by Softbank. The capital raise gives Sorare a new valuation of around $4.3 billion and the company plans to open a U.S.-based office. Sorare Reveals $680M Capital Raise Non-fungible token (NFT) […]

Frame now automatically verifies ENS names on Twitter! 🚀

https://reddit.com/link/psplng/video/e51hcbcumwo71/player You can get the Frame Chrome extension here: https://chrome.google.com/webstore/detail/frame/ldcoohedfbjoobcadoglnnmmfbdlmmhf Announcement: https://twitter.com/0xFrame/status/1439931585873186821 submitted by /u/auglayer [link] [comments]

Paper test to check if you’re overinvested

"Invest only what you can afford to lose" , "Invest the amount of money you can stomach seeing 80% down" — that's what you've been repeatedly told. But you know better than to listen to strangers on the internet, right? So, a million dollar question is — are you overinvested? There is a simple test…
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Despite Dips, Bitcoin Exchange Reserves Reach Lowest Values Since 2018

On-chain data shows Bitcoin exchange reserves continue to decline despite the recent dips, as values reach lowest since 2018. Bitcoin Exchange Reserves Continue To Go Down As pointed out by a CryptoQuant post, the BTC all exchanges reserve is moving down despite the recent downtrend in the price of the cryptocurrency. The Bitcoin all exchanges reserve is an indicator that shows the total amount of coins held on all centralized exchange wallets. A dip in the value of the metric suggests investors are transferring their BTC to personal wallets, either for holding or for selling through OTC deals. On the contrary, an increase in the indicator implies investors are sending their coins to exchanges for withdrawing to fiat and stablecoins, or for purchasing altcoins. Here is a chart showing how the Bitcoin exchange reserve has changed over the years: The exchange reserve continues to decline As you can see from the above graph, the BTC all exchanges reserve has hit lows not seen since 2018. Usually, during periods of big price swings, the indicator’s value shows a spike as investors look to shift their positions in the market. Related Reading | Bitcoin Holders Take Profits As Price Falls, Indicators Remain Bullish?  However, despite the recent dips, the metric has only been trending downward. What’s the reason behind this? Well, one possible scenario could be that there are now more long-term holders in the market that are waiting for the price to appreciate further before they make any moves. A downtrend in the exchange reserve is often a bullish indicator as it shows buyers are accumulating Bitcoin, while an uptrend could lead to crashes in the crypto. Below is another chart that shows the BTC netflow indicator over the last couple of days. Looks like the Bitcoin netflow showed a huge negative spike yesterday The netflow indicator measures the net number of coins exiting or entering exchanges. As is apparent from the above graph, the metric had a big negative spike yesterday, which implies a large amount of BTC was pulled off exchanges. Related Reading | Did Turkey’s President Say “We Are In A War Against Bitcoin”? An Investigation BTC Price Yesterday, Bitcoin’s price crashed down to $40k after peaking just below $49k a few days back. But the price has since jumped back a bit as it floats around $43k at the time of writing. The crypto is down 7% in the last 7 days, while over the past 30 days, the value is 11% less. Here is a chart showing the trend in the price of the coin over the last five days: BTC’s price crashes down to $40k, but quickly recovers back up a little | Source: BTCUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant

Sommelier partners with Mysten Labs to launch Cosmos smart contracts

Mysten Labs’ engineers formerly created the blockchain network on Facebook’s Diem and Novi crypto projects.

T-Rex miner – what does CPU share validation do?

I saw that T-Rex has a new version and in the change log it reports "(kawpow) Add CPU share validation functionality for all progpow-like algorithms" Does anyone know what this actually does and if it will help with hashrate? submitted by /u/referralcrosskill [link] [comments]