Day: April 29, 2022

Bitcoin whale holdings at 7-month highs despite warnings of BTC price crash to $20K

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Bitcoin (BTC) prices could drop by 20% in the next few months, but that has not deterred its richest investors from stacking. The amount of Bitcoin held by “unique entities” with a balance of at least 1,000 BTC, or so-called “whales,” has increased to its best levels since September 2021, data on Glassnode shows. Interestingly, the number in the past week grew despite Bitcoin’s price decline from $43,000 to around $38,000. Bitcoin whales holdings. Source: Glassnode Marcus Sotiriou, an analyst at GlobalBlock, a U.K.-based digital asset broker, considered the latest…

İNTERNET KAFE KAPATTIM – 50 Bilgisayar ile Bitcoin Kazdım (Mining)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Oyunu bedava indir: 1 Günlüğüne İnternet Kafede Kaldım. Daha doğrusu plan oydu. 🙂 50 Bilgisayar ile mining yaptım yani coin kazdım. Herkesin hayal ettiği şeyi denedim. Bitcoin kazmak karlı mı yoksa zararlı mı denedim. Blockchain yani kripto para herkesin merak ettiği bir konu.. Coin nedir? Blockchain nedir? Kripto para nedir? Eteryum nedir? Bunlar bilmediğim şeyler… Ben de kısa bir araştırma sonrası en karlı olarak eteryumu bulup kazdım. Ethereum mining çok merak edilen bir konu, eteryum kazmak ilginç bir şey… Ekran kartına hız…

Nexo Token Enjoys Short-Lived Rally Upon Binance Listing

Pablo Jódar, financial products manager at Storm Partners, a systems provider for the cryptocurrency space in Europe, said Nexo got a positive tailwind from the recent partnership announcement with Mastercard (MA). The credit card company unveiled a crypto-backed payments card that allows users to spend without having to sell their digital assets, and offers customers 2% cash back on their transactions. Source

Banks Don’t Need Extra Crypto Protections Yet, EU Regulator Says

“The EBA considers it premature to introduce new macroeconomic tools to address the systemic aspects of these risks at this stage,” the EBA said. “The EBA emphasizes the need for monitoring of the crypto asset sector, in particular identifying old and new mechanisms, vulnerabilities and risks that can make crypto assets a source of systemic risk or threat to financial stability.” Source

Learn the basics of smart contracts and how they work

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Cointelegraph’s Jackson DuMont tackles smart contracts in the latest episode of Cryptopedia. He explains how smart contracts work from the basics and provides examples of how they can be utilized in real-world scenarios.  DuMont describes smart contracts as code within the blockchain that “execute when specific conditions are met.” They are self-executing contracts built on blockchain technology and have the power to complete transactions without middlemen. As an example, DuMont explained the difference between transacting in a centralized exchange like Binance and doing the same transactions with a decentralized exchange…

World Economic Forum Shares a Video About Changing Bitcoin’s Code to Proof-of-Stake – Bitcoin News

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According to a World Economic Forum (WEF) tweet, a “change in the way bitcoin is coded could almost eliminate its environmental impact.” That statement stems from a tweet the WEF published on April 26, with an accompanying video that claims “miners could stake their own bitcoins to verify transactions.” WEF on Bitcoin’s Proof-of-Work: A ‘Basic Change in Coding” Could Eliminate ‘Most of the Network’s Energy Demands’ In recent times, there have been a lot of arguments about the energy consumption used by cryptocurrency miners and how it impacts the global…

Ethereum Whale Transactions Climb As Correlation With S&P 500 Continues

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Over time, the crypto market has maintained a close relationship with the stock market. Ethereum, the second-largest cryptocurrency, rose in lockstep with U.S. stocks for the first time in February. As a result, the token’s 40-day correlation coefficient with the S&P 500 reached 0.65. Despite the brake anxious investors have put on price activity in the past week, the Ethereum (ETH) price is poised to rise over the weekend. Although trading volume has increased over the last week, and thus should have resulted in more consistent fluctuations, price responsiveness has…

ឮតែ Bitcoin ឡើងថ្លៃ ឆ្ងល់ទេ អ្វីទៅជា Bitcoin?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin មួយកាក់ ៤ម៉ឺនដុល្លារ ឆ្ងល់ទេថា តើវាជាអ្វី? កើតចេញមកពីណា? ហេតុអ្វីបានថ្លៃម្លេះ? រាល់វីដេអូដែល​ផុសទាំងអស់នឹងជួយលោកអ្នកឲ្យមានគំនិតល្អៗច្រើន​នៅក្នុងការរកសុី!សូមតាមដានបន្ថែម​តាមរយះ www.business-cambodia.com, www.facebook.com/bizcambo ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Robinhood makes significant strides in crypto business in Q1 despite falling revenue

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On April 28, discount-brokerage platform Robinhood published its financial results for the first quarter of 2022. Year-over-year, the firm’s net revenue declined by 43% to $299 million. Specifically, revenue from cryptocurrency trading fell by 39% to $54 million during the same period. This was partly due to a decrease in the interest in meme stocks as well as an ongoing cryptocurrency bear market that dominated much of the first three months of the year. However, despite a decrease in sales, the company’s net cumulative funded accounts rose by 27% year-over-year…