Day: December 23, 2020

Bitcoin on Track to Close Year High as Number of Active Addresses Doubles in 2020

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Coin Metrics noted that the number of active Bitcoin addresses with at least 0.01 BTC did not just grow by more than 700,000 this year, it also showed a chart that the number of active addresses has topped 1.1 million. Bitcoin according to Coin Metrics is on track to close the year on a bullish note as the coin has experienced massive growth as evidenced by the surge in the number of its active addresses. Bitcoin is almost turning into a household name as the first-ever digital currency ranks as…

SNX price soars 100% in December — What’s driving the rally for Synthetix?

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Synthetix Network Token (SNX), the native token of Synthetix — a decentralized finance derivatives protocol — has been surging throughout the past week and is now worth over $7.87 as of Dec. 23. The primary catalyst behind SNX has been a listing on Coinbase. On Dec. 16, Coinbase officially announced the listing of the Aave protocol’s AAVE token, Bancor Network Token (BNT) and Synthetix Network Token. Other factors include the rapid increase in total value locked and user interface improvements via its latest software upgrade on Dec. 22. SNX/USDT daily chart (Binance).…

Trump Refuses to Sign Covid-19 Bill, Demands Bigger Stimulus Checks

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The relief package incorporates, among others, increased jobless benefits, small business loans, education funding, the $600 stimulus checks and funding to aid the supply and distribution of Covid-19 vaccines. In a video tweeted on Tuesday evening, Donald Trump called on Congress to make some changes to the stimulus bill. Key among the suggested changes was a call to increase stimulus packages from the current $600 to $2000 for individuals and $4000 for couples. The bill also included a $1.4T federal spending measure for the 2021 fiscal year. pic.twitter.com/v9Rdjz6DNu — Donald…

MINING RIGS ARE DOWN… :(

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 7″ Portable Touchscreen Monitor: I Still Think This GPU Is The Best For Mining As of Now: This GPU as well if you can even get any… Splitters I was talking about in this video: Watch BitsBeTrippin’s 2500GPU Update Video Here! Join Red Panda Mining’s Discord Channel! – Send Your Mining Rig Pics in Discord to be featured in upcoming Community Mining Rigs Episodes/Live Streams! My TRUSTED Crypto Mining Hardware Shops: MineShop.eu – Into ASIC Mining? NerdGearz For Crypto Mining Hardware! BEST…

Bitcoin'de Düzeltme Gelecek mi? Bitcoin; Ethereum Teknik Analizi!

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Monetization and Upgrade of Functions

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Monetization will be driven by additional functions for business teams and users with expanded needs. Some of the functions will be data-greedy, that’s why they will require additional fees. Telegram is nearing the mark of 500 million active users. In this regard, Telegram founder Pavel Durov has revealed plans of the messenger for 2021. In his post, Durov spoke on who and how is going to pay for this growth, what are the short-term prospects of Telegram, and what upgrades the messenger will see as soon as 2021. To start…

Synthetix (SNX) Hits Record High amid DeFi Correction; Here’s Why?

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Synthetix’s native token SNX emerged victorious on the day its rival decentralized finance tokens turned lower. The SNX-to-dollar exchange rate hit a fresh record high of $8.68 on Wednesday as a flurry of uplifting fundamentals prompted traders to increase their bids on the pair. That included the introduction of a new staking platform. Say hello to the brand new dApp for staking on Synthetix! https://t.co/o4ks9nt8lb The new interface has been rethought from the ground up to provide the best staking experience for SNX holders. 1/https://t.co/wcPTmDv8nW — Synthetix ⚔️ (@synthetix_io) December…

Coinbase to Fund Two Bitcoin Core Developers in Its First Round of Awards

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The funds from Coinbase will serve as the needed boost in attracting more innovative developers into the industry. Coinbase cryptocurrency exchange has announced its first-ever Bitcoin core developer awards, an initiative it first announced back in October 2020. The Coinbase awards were given to two recipients after being reviewed by the fund’s advisory board which includes Dan Boneh, a Professor of Cryptography at Stanford University, as well as Bitcoin developers Amiti Uttarwar, Felix Weis, Carla Kirk-Cohen, and Anthony Towns. According to the announcement made by the exchange, the named recipients…

Indian Police Bust International Bitcoin Extortion Rackets, 96 Arrested

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Ninety-six people have reportedly been arrested in India for allegedly extorting bitcoin from foreigners. They set up illegal call centers, posed as police officers, and told the victims that their bank accounts had been used in illegal transactions. They also threatened to immediately arrest the victims and freeze their assets. Bitcoin Extortionists Arrested in India Delhi police have reportedly arrested 96 people for allegedly extorting bitcoin from foreign nationals through fake call center schemes. According to local media, 54 people were arrested for running a call center in west Delhi’s…

PFE Stock Down 1.7%, US Government and Pfizer Near Conclusion on Vaccine Negotiation

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Pfizer requires the government to give them access to about nine specialized products which is said to include Lipids, and this can be done by invoking the defense production act. Pfizer Inc (NYSE: PFE) is on the verge of joining Moderna Inc (NASDAQ: MRNA) to gain access to the emergency distribution of COVID-19 vaccines in the US as negotiation nears a conclusion. As part of the deal, Pfizer will provide tens of millions of doses in exchange for the US government directives which according to reports include access to manufacturing…