Day: January 24, 2022

Fitch Ratings warns of risks crypto miners pose to US power supply

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Global credit rating agency Fitch Ratings is warning public power utilities across the United States to mitigate the risk crypto mining could post their production of power. In a Monday notice, Fitch Ratings said that only utilities in states like Washington, which have excess generation capacity, may be capable of meeting the power requirements of many crypto mining operations. The agency claimed that though some crypto mining firms can become “the largest customer in a rural service territory,“ the operations typically bring in “very little additional economic benefits” from jobs…

Cosmos Climbs Higher, While Solana’s Fall Continues – Market Updates Bitcoin News

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After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost 10% to start the week. ATOM/USD climbed to an intraday high of $36.23, which is around $10 from its all-time high (ATH), which it hit on January 7th. Monday’s move came as prices rebounded from the recent support level of…

A Beginner’s Guide to Minting NFTs

In the meantime, I plan to keep experimenting with how I price my NFTs. I plan on releasing my old grad school poems, and, to make Juno proud, I plan to keep writing poems on Thursdays, which is ruled by Juno’s love, Jupiter. Maybe, just maybe, this new routine will help me fall in love with NFTs and – most important – my own art again. Source

Bitcoin Stabilizes as Altcoins Underperform

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“Bitcoin’s recovery is a long shot as investors are more keen on the price being stabilized for now,” Alex Axelrod, founder and CEO of Aximetria, a crypto financial services firm, wrote in an email to CoinDesk. Axelrod is monitoring BTC price levels of between $32,000 and $40,000 for confirmation of a breakdown or breakout. Original

There’s a browser plugin that autoblocks Twitter NFT profile pictures

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That was quick. Within 24 hours of the launch of the Twitter nonfungible token, or NFT, profile pictures for iOS update, a github contributor called mcclure has coded up and shared a browser extension that automatically blocks Twitter accounts using an NFT profile picture. The program called NFTBlocker blocks paying subscribers of the Twitter Blue for iOS service who choose to display an NFT as their profile picture.  The extension works with Chrome and Firefox on desktop and while an early prototype, “future versions of this plugin will scan your…

Put Your Crypto to Work: 3 Ways to Earn More in 2022

The crypto space has come a long way in the past dozen years. The days when miners worked on gaming computers in their basements – more often than not in China – are so recent they don’t even evoke nostalgia. But the game has utterly changed. To start with, not all tokens are mined anymore. While the proof-of-work consensus protocol on which mining is based continues to be a major consideration, other means are now available to maintain a blockchain’s reliability. Proof-of-stake opens up a whole new paradigm for optimizing…

Why is #Bitcoin Crashing? Reasons of #Cryptocurrency Market Crash | #ChinaBan on Cryptocurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video you will learn why the entire #Bitcoin and Cryptocurrency market is Falling Down? Invest in Crypto Download CoinDCX App & get ₹100 Free Bitcoin : 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 helps make the investment process an effortless one. You cannot find an app that is this simple to use and makes buying Bitcoin & other…

House members call for an end to lawmakers trading stocks — is crypto next?

Congresspeople currently HODLing or actively trading in crypto may have to stop doing so while in office if recent pushes to ban lawmakers from investing in stocks gain enough support. In a Monday letter addressed to Speaker Nancy Pelosi and Minority Leader Kevin McCarthy, 27 members of the U.S. House of Representatives called for action “to prohibit members of Congress from owning or trading stocks.” Among the bipartisan group of lawmakers who signed onto the letter was Illinois congressperson Bill Foster, who is also a member of the Congressional Blockchain…

Top Meme Coins by Market Capitalization Shed Billions, DOGE Down 80% Since All-Time High – Market Updates Bitcoin News

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As digital asset markets have shed significant value during the last two weeks, the top meme coins by market capitalization have dropped considerably against the U.S. dollar. The top meme asset dogecoin has lost 23.9% over the last seven days, while shiba inu’s value was reduced by 31.1% this week. Dogecoin Down 80% Since All-Time High, Shiba Inu Down 75% Since High On Monday, January 24, 2022, the top meme coins by market capitalization have lost 3.1% over the last day. Currently, the myriad of meme tokens today account for…

The Trojan Horse of Privacy

Most folks who grew up in an open, democratic society and never experienced anything different in their entire life don’t think it matters because it didn’t matter all that much. I’ve got nothing to hide, they think. They never lived in East Berlin where the Stasi could show up at your house and take you away for any reason, at any time. When soldiers arrest you on made-up charges for anything, the value of privacy gets very real. They’d pay for it then, but by then it’s too late. Source