Day: February 5, 2022

A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device – Mining Bitcoin News

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The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly-listed company called Sphere 3D has detailed that it purchased 60,000 Numiner NM440 mining rigs and aims to deploy 32 exahash per second (EH/s) of SHA256 hashpower. Furthermore, there’s been some disbelief among members of the crypto community on whether or not the hashrate speed claims are legitimate. Numiner NM440 Revealed, Manufacturer Claims Device Boasts Speeds Up to 440 TH/s…

NFTs construct virtual economies to stay relevant in 2022

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As NFT projects prepare to embark into the Metaverse, it seems they are pivoting from their static imagery to integrating mechanics that provide utility. Notably, Bored Ape Yacht Club has amassed over $1 billion in total volume and announced a mobile play-and-earn game, while fellow primate projects, CyberKongz and SmolBrains continue to announce and integrate new gamification features to their collections. Investors seem to not only be searching for projects with strong communities and utility, but it appears technical capabilities rank high on the list too. This notion was made…

Easy-to-use DeFi protocols will become the new gatekeepers to crypto

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It has arguably never been easier to participate in the crypto ecosystem. After centralized exchange powerhouse Coinbase recently began allowing its users to deposit part of their fiat paychecks into the exchange in the form of crypto, more people are beginning to realize the potential of the industry and participate in this ever-growing ecosystem.  But, crypto is commonly perceived as fundamentally intricate or lacking the proper interfaces, and whether this is right or wrong, this has been the perception for some time. To some people, the premise of digital currencies…

PUTIN AND XI LOOKING AT BITCOIN TO BYPASS SWIFT AND USD, BTC CAN HIT $1M OVERNIGHT, SAYS MAX KEISER!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💰 FTX – Trade w/ Zero Fees + Earn Free Crypto: Referral Code: 17411850 💰 FTX.US Pro (for high volume traders!) 🔥 Algebra DEX: 🔥 App: 🔥 AlgebraTwitter 🔥 Algebra Telegram 🔥 Algebra Discord 👕 Crypto Merch: BREAKING: Putin and Xi agreed “to set up an independent financial infrastructure to service trade between Russia and China” which will be designed to be “invulnerable” to “pressure from third parties.” Bitcoin OG Max Keiser, host of the Keiser Report responded: “SOURCE: Putin & Xi…

Bitcoin Begins Bounce From 7-Year Bull Trend Line — Is This The Bottom?

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Bitcoin price is now above $40,000, up more than 20% from the lows set in late January. Despite the recovery, common sentiment across the crypto community, analysts, and more is that the bottom is nowhere near in.  Meanwhile, BTCUSD has began its recent bounce from a seven year secular bull trend line. Could that fact combined how few are expecting a bottom be the best case for why one might already be in? Contrarian Take: Crypto Market Sentiment Would Be Blind To A Bottom In a flash, Bitcoin has risen…

BITCOIN HOLDERS MUST WATCH (Death Cross)!! Bitcoin News Today, Bitcoin Price Prediction, BTC Crash

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BITCOIN HOLDERS MUST WATCH (Death Cross)!! Bitcoin News Today, Bitcoin Price Prediction, BTC Crash Welcome back to the Crypto World! In this video I reveal my next Bitcoin Price Targets and my Bitcoin Strategy (Bitcoin Trading for Beginners)! Is Bitcoin the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! 🚨NEW: My Complete Technical Analysis Course 👉 👈 📈BEST TRADING PLATFORMS: ► Bybit 👉 👈 (NEW $4,100 BONUS)* 🔥 Register with my link…

Value Locked in Defi Climbs 13% Higher Since Last Week’s Low, SOL Price Jumps 25%, AVAX TVL Spikes – Defi Bitcoin News

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The total value locked (TVL) in decentralized finance (defi) has jumped back above the $200 billion range, hovering around $216.49 billion on Saturday morning (EST). The TVL in defi has increased 13.60% since tapping a low of $190.57 billion 13 days ago on January 23. The decentralized exchange (dex) Curve’s $19.41 billion TVL dominates the total value locked by 8.84% Ethereum’s Defi TVL Dominates by 61% Increasing 10% During the Last Week, Cross-Chain Bridge Value Jumps 16.2% in 30 Days The value locked in decentralized finance (defi) has climbed higher…

McDonald’s Marks Local Bitcoin Bottom With Crypto Tweet

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Bitcoin continues to display bullish price momentum as it has managed to reclaim the lows around $40,000. The benchmark crypto has been slowly recovering after a violent downside move which shocked traders and market participants. Related Reading | TA: Bitcoin Topside Bias Vulnerable If It Continues To Struggle Below $38K As of press time, Bitcoin trades at $41,486 with an 8% and 9.8% profit in the last 24-hours and 7-days, respectively. BTC shows moderate gains on the daily chart. Source: BTCUSD Tradingview How Do You Do, Fellow Kids? The crypto…

Gala Jumps 37% Higher, as Crypto Bulls Return – Bitcoin News

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During the weekend, when bitcoin rose to a two-week high, it was Gala that stole the show after climbing 37%. Bulls returned to action on Saturday, as the global crypto market capitalization was around 8% higher. Biggest gainers Following a huge week of news in the gaming and crypto space, it was only a matter of time till traders turned their attentions to gala (GALA). Crypto bulls flocked to GALA to start the weekend, pushing prices of the gaming-based blockchain almost 40% higher GALA/USD, rose to an intraday high of…

Beijing vs Bitcoin: The Impact Of China's Crackdown On Cryptocurrency | Money Mind | Investment

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The impact of China’s crackdown on cryptocurrencies. ============ About the show: Money Mind tells you how to make the most of your money with tips for investors, business ideas for businessmen and analysis of the economy, companies, markets, financial products and trends. For more of Money Mind: ========================== #CNA #MoneyMindCNA #China #Bitcoin #Cryptocurrency For more, SUBSCRIBE to CNA INSIDER! Follow CNA INSIDER on: Instagram: Facebook: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version