Day: October 25, 2021

On-Chain Data Shows Surge In Stablecoins Supply Pouring Into Bitcoin

On-chain data shows a recent rise in the number of stablecoin addresses sending to exchanges, suggesting an increase in dry powder supply pumping into Bitcoin. Stablecoins Exchange Inflow Addresses Count Recently Surges As pointed out by a CryptoQuant post, the number of stablecoin addresses making inflow transactions to exchanges saw a sharp rise yesterday. Stablecoins are tokens that have their values tied to a fiat currency. Since they are relatively stable (as their name suggests), investors like to use them for temporarily pulling out of volatile markets like Bitcoin. The…

While Musk Mentions Doge Improvements, Dogecoin Developers Continue to Address Scaling Concerns โ€“ Altcoins Bitcoin News

On Sunday, Elon Musk discussed his relationship with the Dogecoin Foundation and he mentioned a few improvements heโ€™d like to see implemented via Dogecoin Coreโ€™s codebase. Meanwhile, Github metrics show developers have been working on Dogecoin Core during the last few months and it seems Dogecoin software engineers are prepping the network to address fees, transaction time, and mining. Dogecoin Proponents Including Elon Musk Patiently Wait for a fee Change Fix, Dogecoin Core Repo Has Been Active At the end of June, Teslaโ€™s CEO Elon Musk tweeted about the fee…

The Coming Convergence of NFTs and Artificial Intelligence

Computer vision: NFTs today are mostly about images and videos and, therefore, a perfect fit to leverage the advancements in computer vision. In recent years, techniques such as convolutional neural networks (CNN), generative adversarial neural networks (GAN) and, more recently, transformers have pushed the boundaries of computer vision. Image generation, object recognition, scene understanding are some of the computer vision techniques that can be applied in the next wave of NFT technologies. Generative art seems like a clear domain to combine computer vision and NFTs. Source

4 Ways to Stay Safe in Crypto

Last year also saw a rise in sophisticated phishing attacks โ€“ fake emails used to deliver malware or dupe victims into handing over their crypto, passwords and personal information. In July 2020, Twitter was the target of such an attack, leading to a group of hackers gaining access to more than 130 high-profile accounts and using them to promote a bitcoin giveaway scam. Apple, Uber, Ripple, Binance, Elon Musk, Barack Obama, Bill Gates, Kim Kardashian and even CoinDesk were among those affected. Source

Buying Your First Crypto? 10 Things You Should Know

Between dogecoinโ€™s cameos on U.S. television and bitcoinโ€™s growing acceptance on Wall Street, cryptocurrency is reaching a wider audience than ever before. Skyrocketing prices are surely tempting to newcomers, but they should be aware of the risks before jumping in. If you just started paying attention to cryptocurrency and are wondering whether to invest, here are 10 things you need to know before buying anything. Even if youโ€™re an old pro, you probably know someone whoโ€™s curious because they heard on TV or at the bar that the price of…

New to Bitcoin? Stay Safe and Avoid These Common Scams

Bitcoin hit a new high Wednesday, topping $20,000, and is continuing to rise. Maybe today is the day that you finally are ready to take the plunge and buy your first few satoshis. Before you do, here are a few suggestions to avoid falling victim to some of the bitcoin scammers and hucksters who will try to take advantage of people who are still new to the wild world of cryptocurrencies. Do your research The first step in the journey is to set up a wallet to store your bitcoin…

Web 3.0-focused altcoins soar as the need for truly decentralized crypto grows

The cryptocurrency market is abuzz on Oct. 25 as the sight of multiple altcoins hitting new all-time highs and Bitcoin’s (BTC) return to $63,000 has traders looking for a resumption of the bullish uptrend. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were PARSIQ (PRQ), Handshake (HNS) and NEAR Protocol (NEAR). PARSIQ advocates for interoperability between networks PARSIQ is a blockchain-based analytics platform that specializes in connecting blockchain activity…

What is Bitcoin Mining? How to Earn Money from Cryptocurrency Mining?

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io In this video you will Learn about the #BitcoinMining and How to Make Money from Mining of #Cryptocurrency using your Mobile Phone or Computer. Download India’s simplest Bitcoin app, CoinDCX Go: Use the Code PUSHKAR100 while signing up to get Rs.100 worth of free bitcoin ๐Ÿ”ฅ Offer valid only for limited time period Buying #Bitcoin on CoinDCX Go is as easy as tapping on your smartphone! If you are new to cryptocurrency, CoinDCX Go is definitely a go-to app for you. It…

Stellar To Launch New Europe-Africa Payment Corridor

The Stellar ecosystem continues to expand. Today they have announced a partnership with global payments company Flutterwave to launch two new payment corridors between Europe and Africa. Related Reading |ย How Stellarโ€™s $40M Investment In Tala Will Give Millions Access To Financial Services To be supported by the Stellar network with their main EU anchor TEMPO, a payment institution that offers its services for the corporate sector, the corridors will process transactions with USDC. In that way, the partners seek to provide a simplified way of sending remittances between the two…

Solana Hits New Record High as Layer 1 Tokens Follow Bitcoinโ€™s Gains

The bitcoin dominance ratio, which measures bitcoinโ€™s market capitalization relative to the total crypto market capitalization, dropped to as low as 44.62% over the weekend, before it returned to roughly 45% on Monday, according to TradingView. The decrease in the dominance ratio in the past few days indicated that at least part of bitcoinโ€™s momentum had shifted to other tokens (altcoins). Source