Day: February 16, 2022

Here Are Two Scenarios For Bitcoin Before FED Announces Changes In Policy

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Bitcoin was rejected once more as it approached the mid area around its current levels. The first crypto by market cap has been trending to the upside over the past week but has been unable to break above critical resistance. Related Reading | TA: Ethereum Eyes Key Upside Break, $3K Holds The Key As of press time, BTC’s price trades at $43,691 with a 1.1% loss in the last 24 hours. BTC rejected near $44,500 on the daily chart. Source: BTCUSD Tradingview One month from now, on March 17th, the…

Richape Mille Launches NFTs That Unite the Physical and the Virtual

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As the cryptocurrency waltz continues, so does the rapid rise of the NFT phenomenon. As we focus on investments, every market will eventually hit a resistance level. So, smart NFT-makers are planning ahead to focus on how to overcome it. We can’t say for sure what the secret to success is with launching an NFT as well as it happens with cryptocurrencies – or we’d already be billionaires – but what we can assert that one of the critical factors to ensure long-term growth is the support of a dedicated…

Canada Sanctions 34 Crypto Wallets Tied to Trucker ‘Freedom Convoy’

As part of the Emergencies Act, Canada is broadening the scope the country’s anti-money laundering/anti-terrorist financing rules, which will now include crowdfunding platforms and the payment service providers such as PayPal and Stripe and will include digital assets such as crypto, used by suspected individuals and companies, RCMP Spokesperson told CoinDesk in an emailed statement. Source

Chainlink Verifiable Random Function v2 goes live on mainnet

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On Wednesday, blockchain oracle solution Chainlink (LINK) announced the release of Chainlink Verifiable Random Function, or VRF, v2. As told by its developers, the new, improved version of the random number generator can reduce transaction fees by 60% compared to v1. Randomness is a core component of making nonfungible tokens, or NFTs, and gaming applications fair and secure. On their own, blockchains and smart contracts cannot guarantee randomness, but rather require an oracle network to deliver such solutions on-chain. Since its launch, Chainlink VRF (v1) has become the most widely…

SEC Scrutinizing Crypto Exchange Binance US — Chair Gensler Stresses ‘Basic Investor Protection’ – Regulation Bitcoin News

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The U.S. Securities and Exchange Commission (SEC) is reportedly scrutinizing the U.S. arm of cryptocurrency exchange Binance over trading firms with links to Binance CEO Changpeng Zhao. SEC Chairman Gary Gensler emphasizes the need for “basic investor protection” in the crypto space. Binance US Probed by SEC The U.S. Securities and Exchange Commission (SEC) is reportedly probing the U.S. arm of the cryptocurrency exchange Binance (Binance US). The securities watchdog is examining the relationship between Binance US and two trading firms with ties to Binance CEO Changpeng Zhao (CZ), the…

Crypto Mining Profits Are Down…Now What?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video I discuss my thoughts and strategies now that mining profits are down due to the prices of the crypto market. Links to support me: ▶️ Red Fox Crypto Discord: ▶️ Awesome Miner Referral Link: ▶️ Hive OS Referral Link: ▶️CoinTracking Referral Link: ▶️Parallel MIner Referral Link: Video Chapters: 00:00 Mining Profits Are Down 00:15 You Need to Have the Right Mindset 03:32 Changing My GPU Setup? 04:53 Selling My Mined Crypto? 05:53 Keep Calm & Mine On Crypto Miners:…

Terra’s Mirror Protocol shows first signs of bottoming after price gains 30% in 48 hours

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Mirror Protocol, a decentralized finance (DeFi) protocol built atop the Terra blockchain, was among the biggest gainers in the last 48 hours, primarily as its native token MIR rallied by over 30% to $1.48, its highest level since Jan. 22. MIR/USD four-hour price chart. Source: TradingView Has Mirror Protocol bottomed out? MIR price rose despite an absence of concrete fundamentals, a sight pretty common across crypto assets. As a result, its rally may have been purely technically-driven, especially because it originated after MIR had dropped by more than 90% in value from…

Majority Of Crypto Holders Will Hold Through An 80% Crash, New Survey Shows

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A new survey has mapped out the sentiment of crypto holders towards the present market climate. It shows how most investors are looking at the market despite the recent crash. This survey from Deutsche Bank shows that more and more crypto investors are leaning towards holding for the long-term than selling. The majority have revealed that they would not sell their holdings even if cryptocurrencies lost a large chunk of their value. Holding Crypto For The Long-Term A recent Deutsche Bank survey titled “The Future of Cryptocurrencies” has found that…

PowerTrade Management Team Explains the Benefits of Automated Market Makers – Interview Bitcoin News

PowerTrade is an easy-to-use crypto options trading platform, enabling traders to maximize ROI through an intuitive interface that provides better prices and lower margin requirements. At PowerTrade, it’s easy for anyone to get started trading with as little as $1 USD and continue trading with simple, fast, mobile-first trading for crypto options. Mario Gomez Lozada is the CEO of PowerTrade, and Richard Hodges is in charge of Trading & Risk at the company. They recently joined the Bitcoin.com News Podcast to talk about the platform, Automated Market Makers (AMMs) and…