Day: September 29, 2021

Ethereum Is Only as Strong as Its Weakest Link โ€” CoinDesk

Any large client bug can create quite the headache for Ethereum stakeholders, but the bug is amplified if a large portion of the nodes are all experiencing the same issue, potentially tricking the chain into believing their bugged chain is correct. An issue like this happening with two-thirds of nodes could lead to a chain split, creating larger security risk for users and developers, slashing issues for validators and potentially needing a bailout from the overall network, which is inherently not a very decentralized solution. Source

ETHEREUM Price Prediction: URGENT!!! DUMP on ETH Next?! + Targets // Daily Crypto Technical Analysis

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What Is an ICO?

ICO stands for โ€œinitial coin offering,โ€ and refers to a formerly popular method of fundraising capital for early-stage cryptocurrency projects. In an ICO, a blockchain-based startup mints a certain quantity of its own native digital token and offers them to early investors, normally in exchange for other cryptocurrencies such as bitcoin or ether. As a type of digital crowdfunding, ICOs enable startups not only to raise funds without giving up equity but also to establish a community of incentivized users who want the project to succeed so their presale tokens…

BTC price reclaims $42K as infrastructure bill vote, monthly close loom for Bitcoin

Bitcoin (BTC) trudged toward $43,000 on Wednesday, Sept. 29, as a โ€œmacro predicamentโ€ kept bulls on their toes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC in yet another dip below $41,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging slightly higher after a fresh $40,000 retest overnight. The pair had shown what could be underlying strength after multiple probes of the $40,000 mark, but on Wednesday, traders were warning more broadly, little had really improved. โ€œBTC is enjoying some recovery today but the macro predicament remains the…

๐Ÿ”ดBITCOIN & ETHEREUM Price Prediction: EMERGENCY!!!!! [BTC & ETH] Daily Crypto Technical Analysis

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Nigerian CBDC Website Goes Live, Central Bank Faces Trademark Infringement Allegations โ€“ Emerging Markets Bitcoin News

According to reports from Nigeria, the official website for the Central Bank of Nigeria (CBN)โ€™s e-naira digital currency is now up and running. The reports come just a few days before the start of the central bank digital currency (CBDC) rollout. E-Naira Similar to Physical Currency An analysis by regional news outlet This Day suggests that the website had recorded more than a million hits barely 24 hours after it went live. Such a reaction, according to the publication, points โ€œto the level of interest in the proposed digital currency.โ€…

Wink Coin 2021: The Wink Crypto 2021 BURN UPDATE ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ | Cryptocurrency Investing 2021

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Here’s a brief update about Wink Coin 2021. As the Wink Crypto 2021 burn happens more and more, the value of Wink 2021 will increase significantly. The only issue is they definitely need to burn a LOT more, so I’m hoping the total Wink Token 2021 amount will decrease. My Wink Coin Price Prediction 2021 is getting more optimistic, but we still have a long way to go. Will Wink be one of the BEST Gambling Sites and Top Crypto Gambling Sites?…

Did US Regulators Began Offensive Against Crypto Platforms? CFTC Fines Kraken

One of the biggest cryptocurrency exchanges, Kraken, received a $1.25M fine. The Commodity Futures Trading Commission imposed the โ€œcivil monetary penaltyโ€ plus a cease and desist from โ€œfurther violations of the Commodity Exchange Act (CEA)โ€ on September the 28th. According to the CFTC, Kraken provided margin for commodity transactions to retail clients in the U.S. who were not suitable to use those products. Related Reading | How the CFTC fine on Coinbase could affect future crypto company listing The fine, however, seems like a slap on the wrist for a…

Bitcoin Eyes Biggest Monthly Price Loss Since May

Bitcoin appeared set to end the seasonally bearish month of September on a negative note, thanks to instability in global financial markets, regulatory concerns, and Chinaโ€™s decision to blanket ban crypto businesses. Despite trading 2.8% higher on the day at $42,200 on Wednesday, the leading cryptocurrency was nursing a 10% monthly decline, the biggest since May, according to CoinDesk 20 data. The positive market sentiment seen at the start of the month was bogged down by renewed regulatory fears stemming from the U.S. Securities and Exchange Commissionโ€™s (SEC) attempts to…