Month: March 2022

GRT rallies 39% as subgraphs migrate to The Graph’s decentralized mainnet

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As the growing digital economy undergoes a transition from Web2 to Web3, oracle and data providers are becoming an increasingly important sector for ensuring the reliable sharing and transfer of information.  The Graph (GRT) is one protocol that is spearheading the integration of blockchain technology with data management and retrieval through the creation of open APIs known as subgraphs. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.3155 on March 13, GRT has climbed 38.6% to a daily high of $0.44 on March 15…

82% Of Bitcoin Short-Term Holder Supply Now In Loss, Capitulation Ahead?

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On-chain data shows around 82% of the Bitcoin short-term holder supply is currently in loss, suggesting that capitulation may occur soon. 82% Of Bitcoin Short-Term Holder Supply Now In Loss, While Total STH Supply Declines According to the latest weekly report from Glassnode, the BTC STH supply is nearing all-time lows at the moment. However, 82% of it is being held at a loss. The “BTC short-term holder supply” is that part of the total Bitcoin supply that has been held for less than 155 days. The investors holding this…

EU’s ‘Bitcoin Ban’ Fell Short but Experts Still Have Ideas for Fixing Crypto’s Carbon Costs

As well as driving a lot of demand for clean energy, crypto’s blockchain technology, which was designed to share a catalog of transactions so coins can’t be spent twice, can digitize and streamline clean energy markets. This involves assigning digital identities to clean energy facilities, for example, and creating digital representations of the certificates that are received, sold, and ultimately canceled. Source

Mining Round Table [Ep. 11] | Preparing For Summer Crypto Mining, Solo Mining Ethereum & More

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In today’s episode of Mining Round Table, join host The Hobbyist Miner, Red Fox Crypto and ChumpChangeXD as they catch from the past week with Crypto Mining Content, Upcoming Products and recent GPU Mining Purchase and Challanges. Today was a taste of what Preparing for Summer Crypto Mining looks like on the East Coast. Join the team as they discuss how hot their Crypto Mining Farms got and what their plans are moving forward. In addition the Host Discuss DJ Mine’s last…

IOTX Climbs 13%, as GRT Leads Gainers on Tuesday  – Market Updates Bitcoin News

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Following a slow start to the day, cryptocurrency markets rebounded during the afternoon, as bulls regained optimism prior to Wednesday’s FOMC meeting. GRT was one of the biggest to climb, with IOTX also recording double digit gains. The Graph (GRT) On Tuesday, GRT rose to its highest level since February 18, leading Tuesday’s gainers, following a choppy trading session. Markets were volatile to start the day, however rose as the session matured, with GRT/USD climbing by over 20% in the process. As of writing this, GRT/USD was trading 20.6% higher,…

FTX to be the First to Receive a Virtual Asset Exchange (VAX) License in Dubai – Blockchain News, Opinion, TV and Jobs

Major global cryptocurrency exchange FTX is receiving a virtual asset exchange (VAX) license in Dubai, and is expanding its operations in the United Arab Emirates. The VAX license is granted under a new cryptocurrency law and was issued by Sheikh Al Maktoum, creating a legal framework for crypto in the Emirate of Dubai, aimed at protecting investors and “designing much-warranted international standards” for industry governance. The license allows FTX to operate within Dubai‘s crypto market model, which operates in compliance with global standards. FTX founder and CEO Sam Bankman-Fried said that…

Crypto.com Launches US Exchange — Institutional Investors Granted Access First – Exchanges Bitcoin News

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The digital currency exchange Crypto.com has revealed it’s launching a crypto trading platform in the United States to waitlisted users and then a progressive rollout will follow. Furthermore, the company says the trading platform’s VIP users will get access to “exclusive events, rewards, and cutting-edge market insights.” Crypto.com Launches US Exchange Platform — Waitlist Open to Institutional Investors According to Crypto.com, the company is launching a digital currency trading platform in the U.S. and American institutional investors are invited to join the waitlist. In time the exchange will be progressively…

Bitcoin Shorts Decline On Bitfinex, Players Brace For Upward Trend?

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Bitcoin continues to move sideways as the week progresses. The benchmark cryptocurrency was pushed back from $40,000 levels and has been unable to bounce back to previous highs. However, BTC has been showing resilience as the traditional market seems to trend lower. Related Reading | Where Ethereum and Bitcoin Headed After Musk’s Tweet At the time of writing, Bitcoin trades at $38,830 with a 2% profit over the past week. BTC moving sideways on the 4-hour chart. Source: BTCUSD Tradingview The traditional market is facing major hurdles due to an…