If you are panicking right about now, I implore you, in fact, I urge you to sell all of your bitcoin now. All of it. No this is not a joke. This article is not some trading analysis, pick-me-up full of hopium or copium. This is going to outline a series of straight up facts and reasons why you should dump your bitcoin, especially before it goes any lower. Because believe me, it will. Nature is healing. 42 Reasons to Read more …
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion dollars in value with $742 million today. Tether Gold’s Market Cap Swells Over 19,000% in Less Than 2 Years, While Pax Gold Increased by More Than 15,000% On February 21, 2020, the market valuation of Read more …
Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. Derek Yoo is the CEO of PureStake, the technology company behind the Moonbeam Network. He recently joined the Bitcoin.com News Podcast to talk about the technology: Derek Yoo is a serial Web2 technology entrepreneur who has spent the past 20 years Read more …
Following Monday’s selloff, cryptocurrency markets mostly rebounded across the board, with bitcoin and ethereum prices rallying by as much as 10%. Overall the global crypto market cap was over 6% higher from yesterday’s session. Bitcoin Bitcoin, which fell to an intraday low of $33,184.06 during yesterday’s session, was up close to 9% as of writing, hitting a high of $37,247.52 in the process. After a false breakout from its support level of $34,170 to start the week, today’s move saw Read more …
Belarus is reportedly not inclined to change its permissive bitcoin trading rules despite its neighbor and ally Russia having been drawn to considering a complete ban of trading and mining. Bloomberg reported on Tuesday that Belarus’ cryptocurrency regulator, Hi-Tech Park, does not have plans to tighten its liberal bitcoin-related legislation. “Restrictive changes to the existing regulatory model are not currently foreseen,” the press service of Hi-Tech Park, the Belarusian crypto-currency regulator, told Bloomberg by email. In 2017, Belarus introduced a Read more …
This guide explains how to get started with a Passport cold storage wallet. The passport is a Bitcoin hardware wallet that is assembled in the U.S., fully open source and designed to only be used in a secure, air-gapped fashion. Taking self custody of your bitcoin means that you are ultimately responsible for your own wealth, there is no bank vault to protect you or a 1-800 help line to reverse a transaction. Being able to transact without permission is Read more …
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current monetary easing policy and raising the benchmark interest rate. Economists and market analysts fear the hawkish Federal Reserve will tighten markets too fast after the central bank expanded the U.S. monetary supply like never before in history. Allianz Chief Economic Adviser: ‘Fed Maintained Its Transitory Inflation Narrative for Way Too Read more …
Flushing Bank customers will soon be able to buy, sell, and hold bitcoin directly within their online banking accounts. The NY State-chartered bank will enable the functionality in Q1 through NYDIG and Q2 Holdings. Q2 provides digital banking solutions to Flushing Bank. Flushing Bank, a New York State-chartered commercial bank, will offer Bitcoin services to its customers in Q1 2022, the company said in a Tuesday statement. The firm is the latest traditional financial institution to jump on the Bitcoin Read more …
The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as proposed by the bank, would make a laughingstock of Russia, lawmakers have warned. Bank of Russia’s Hardline Stance on Crypto Rejected by Other Russian Institutions The Central Bank of Russia’s lobbying for prohibitive legislation on cryptocurrencies has not been met with understanding by other government bodies, Russian media revealed. Last week, Read more …
sponsored Spellfire is gaining momentum. The legend is back better than ever. Chase the $SPELLFIRE on the most prestigious launchpads – 25th @Daomaker and on the 26th @GameFi. Right after the launchpads, Spellfire is listing on Huobi Primelist on the 27th, one of the world’s leading crypto exchanges. Gaining a Prime List on Huobi ensures that Spellfire continues building on its exceptional reputation whilst gaining new levels of visibility for the project. Huobi is the industry’s leading digital asset exchange Read more …
There are have always been tussles recently between the top two most popular stablecoins, USD Coin (USDC) and Tether (USDT). But recently, USDC is creating a notable milestone as it out-runs Tether on the Ethereum network in terms of the total supply. Since 2016, Tether seems to be the top stablecoin, ranking the most popular. This is after its market sharing with BitUSD and NuBits (USNBT). From its launch in 2014, Tether operated on Omni. However, it later emerged in Read more …
Last week, a report from Bank of America predicted that smart contract platform Solana is expected to become the “Visa” of digital assets. The report explained that while the Ethereum blockchain was a popular choice due to its security and decentralization, it suffered in its scalability. As an attractive alternative, Solana’s prioritization of micropayments regarding gaming and NFTs allowed for a utility similar to that of Visa, but for crypto. “Solana could become the Visa of the digital assets ecosystem. Read more …