Today on “The Breakdown,” NLW looks at what the first month of the year taught us about what to expect in 2022. Overall, he argues that the most important megatrend was the shift from risk-off to risk-on as the U.S. Federal Reserve looks towards quantitative tightening later in the year. He looks at: Source
The New York Digital Investment Group, or NYDIG, has launched a benefit program allowing employees of participating companies to convert a portion of their paychecks into Bitcoin. In a Tuesday announcement, the NYDIG said several firms involved with sports, entertainment and digital currencies would be among the first to offer the crypto payments, including Everbowl, MVB Bank, StretchZone, crypto analytics firm The TIE, crypto mining firm Iris Energy and Fertitta Entertainment — the conglomerate behind restaurant giant Landry’s and the National Basketball Association’s Houston Rockets. Company employees who participate in…
AlphaPoint is now providing the technology behind Chivo’s mobile application, mobile point-of-sale processing, merchant website portal, call-center support software and administrative console, it said in a statement. Telyatnikov said that “the majority of complaints” about the Chivo Wallet were prior to AlphaPoint’s entry. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How Much I Made Mining Bitcoin For 30 Days Description: In this video, I show you how much I made mining bitcoin for 30 days. Along with the results of this 30 day challenge, I will also be going over in this video if bitcoin mining is still worth it in 2020 and if I plan to continue mining bitcoin with nothing but my pc / computer. If this video smashes over 2,000 likes, I will invest in a $1,000 beginner bitcoin…
For Olson, crypto is even worse. The technology is broken, he says, but, even if it worked, it would be net negative. His arguments are well researched and justifiable. Although there are a few factual inaccuracies (about Ethereum’s energy use, for instance), it’s tough to object to his overall point. Saying crypto fosters scammers and has real privacy issues and environmental concerns isn’t a matter of opinion. Still, there are gradations and contexts to consider, all of which could be a topic for a competing YouTube takedown video – a…
The number of Ethereum small-time holders is on the rise. With each passing month, as more investors move into the market, ethereum has snatched some of the largest market shares. This is evidenced in the growth rate of the network, as well as the amount of ETH being held by investors on their balances. This time around, the number of ETH small-time holders has hit a new record. Holders Holding More Than 0.1 ETH At ATH Glassnode reported on Monday that the number of small-time Ethereum investors holding more than…
Bitcoin (BTC) is holding support above $37,000, albeit within a narrow trading range. The cryptocurrency is roughly flat over the past 24 hours, changing hands at press time around $38,500, up 3% over the past week. Buyers will need to make a decisive move above the $40,000 resistance level in order to pause the intermediate-term downtrend from November. For now, the relative strength index (RSI) on the four-hour chart is approaching overbought territory, which typically precedes a brief pullback in price. Additionally, the downward sloping 100-period moving average on the…
“We’re the closest we’ve ever been to having a native currency for the internet with bitcoin,” said Dorsey, speaking in conversation with fellow bitcoin proponent Michael Saylor at MicroStrategy’s Bitcoin for Corporations conference on Tuesday. Dorsey added that the world needs a universal currency where, for instance, decisions made in Washington don’t impact smaller nations on the other side of the globe. Source
On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave (AAVE). According to DeFi Llama, the amount of total value locked on Aave is approximately $12 billion. As told by its developers, a proposal executed on Aave, which is built on the Ethereum (ETH) network, was sent to the Polygon (MATIC) FxPortal. The mechanism then read the Ethereum data and passed it for validation on the Polygon network. Afterward, the Aave cross-chain governance bridge contract received this data, decoded it and queued the…
Daily devouring crypto content using every resource imaginable can be enlightening but can also get downright discouraging at times. You always come across the All-Stars on Team Twitter who proudly pound out tweet after tweet informing the world of their crypto conquests. I came across one such post today, a personal praise-fest of the tweeter’s uncanny ability to choose all the right cryptos at just the right time. The message shared with the universe via social media how this shrewd investor had not only picked the projects that turned out…