Day: April 11, 2021

Tether (USDT) is Fully Backed – Moore Cayman Report

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In brief: An independent report from Moore Cayman confirms that USDT is backed by actual fiat The report cites Tetherโ€™s Consolidated Reserves Report of February 28th as being accurate Tetherโ€™s consolidated assets exceed its consolidated liabilities The team at Tether maintains that USDT has always been fully backed USDTโ€™s market cap recently exceeded $40 Billion A new independent accountantโ€™s report by Moore Cayman shows that Tetherโ€™s USDT stablecoin is fully backed by fiat. According to the team at Moore Cayman, Tetherโ€™s Consolidated Reserves Report of February 28th is accurate. The…

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Solana (SOL) price rises as airdrops attract new users to the network

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Over the past six months blockchain projects that have issued token airdrops have re-emerged. Most notably, the airdrops byย Uniswap (UNI) and MEME will be remembered as recipients were rewarded with gains ranging from $20,000 to $600,000 simply for holding the tokens. One Ethereum (ETH) competitor that has seen numerous projects launch with airdrops in the past three weeks is Solana (SOL), an open-source project that focuses on utilizing blockchain technology to provide decentralized finance solutions. While Solana isnโ€™t explicitly making a concerted effort to launch these projects, the protocolโ€™s main…

Buying a NEW DOG & Mining Job! – Wobbly Life Pet Update Gameplay

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Buying a NEW DOG & Mining Job! – Wobbly Life Pet Update Gameplay. Play with your friends in Online and local co-op, discover a variety of minigames and objectives to earn cash to spend in the world! Check out these games: Wobbly Life: Brick Rigs: Gmod: Stormworks: Don’t forget to like and subscribe! Merch: โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Why Bitcoin below $60K could be a great buying opportunity

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Bitcoin seems to be losing steam as it trades back and forth between $59,000 and $60,000. In the daily chart, BTC is moving sideways (0.3%) after a week with modest gains of 4.9%. BTC moving sideways in the daily chart. Source: BTCUSD Tradingview Trader Josh Rager has set support for BTC at $59,000. Holding this level could give it enough momentum to retest the $60,600 area. The trader expects โ€œnew highsโ€ by Wednesday. On-chain data seems to support this prediction, as shown by CryptoQuant shared by โ€œByzantine Generalโ€. BTC reserves…

Reddit reminisces defunct ‘Bitcoin faucet’ website that gave away 19,700 BTC for free

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Redditโ€™s r/Cryptocurrency community revived an interesting piece of Bitcoin (BTC) history on Sunday, with a new thread reminiscing about the time that American software developer Gavin Andresen gave away 19,700 BTC.ย  A thread started by โ€œuGroundbreakingLack78โ€ took the Reddit community all the way back to June 2010 when Andresen first launched the so-called Bitcoin faucet website. Using the domain โ€œfreebitcoins.appspot.com,โ€ Andresen allowed users to earn 5 BTC per day just by solving a captcha, which is a program intended to distinguish human from machine input. User “uGroundbreakingLack78” explained: โ€œTo fuel…

Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It ‘Great Entry Point’ for Investors โ€“ Markets and Prices Bitcoin News

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Guggenheim CIO Scott Minerd has warned crypto investors about bitcoinโ€™s pullback. He said bitcoin โ€œclearly has gotten caught in a speculative bubble that Gamestop got into.โ€ However, he noted that it will be a โ€œgreat entry pointโ€ for long-term investors. โ€˜Great Entry Pointโ€™ for Bitcoin Investors The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, talked about bitcoin in an interview with CNN last week. Minerd is also the chairman of Guggenheim Investments, the global asset management and investment advisory division of Guggenheim Partners. Guggenheim Investments has more than…

Romanian university plans to accept crypto payments for admission fees

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A public university in the Romanian city of Sibiu in Transylvania has said it will allow students to pay for their admission fees in crypto. According to an announcement from Lucian Blaga University of Sibiu, or LBUS, on Wednesday, the institution plans to implement crypto payment methods for its more than 11,000 students starting in July. Students will reportedly be able to pay for admission fees โ€” tuition is roughly $1,000 per year for undergraduates โ€” using Elrond (EGLD), which the university will then convert to Romanian leu. “Our university…

How Ethereumโ€™s gas fees could be on a lasting downtrend

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Anonymous developer of protocol Mist, Stephane, has sparked a debate over the possibility of a reduction in Ethereum gas fees. Data from Etherscan points to a reduction in the average gas price since it skyrocketed in mid-2020. Source: Etherscan Although the reduction seems subtle now, Stephane has predicted gas prices will go below 20 by the end of 2021. The developer wrote via Twitter: Overheard from a major mining pool: โ€œFlashbots is cause of recent low gas prices as traders shut down their PGA botsโ€. As stated above, the reduction…