▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How do Bitcoin and cryptocurrency miners get paid for solving a block? When the transaction pool gets close to the maximum number of transactions, the miner adds a reward to himself in the last transaction. If the miner solves the block, the reward is conjured out of thin air. It’s literally money out of nothing! ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Any currency can be traded via SWIFT, but more than 40% of its deals are dollar-denominated, so it tends to reinforce the U.S. dollar-based system. It should be no surprise, then, that in 2015, China launched a SWIFT competitor, the Cross-Border Interbank Payment System (CIPS), to boost international use of the yuan. Source
The nonfungible token (NFT) and Metaverse sectors have been the bright spots in an otherwise sideways crypto market in 2022 and proof of this comes as APE token hit a new all-time high at $22.60 today. The steady bullish momentum for APE is in large part due to the upcoming The Otherside land auction being held by Yuga Labs and Animoca Brands in conjunction Bored Ape Yacht Club NFT project on April 30. APE/USDT 4-hour chart. Source: TradingView The Otherside launch will consist of a Dutch Auction style sale and…
Crypto firms eye the Middle East amid regulatory scrutiny from Singaporean officials. Source
Momentum signals have weakened over the past week, which typically precedes a period of flat to negative price action. For now, buyers have kept prices anchored around the $40,000 price level, albeit unwilling to decisively break above the $46,710 resistance level over the past three months. Original
Let’s take a step back. In 2006, the world witnessed one of the first viral social media videos, “Evolution of Dance,” on YouTube, and the internet was never the same. Since then, society has been transformed by the mass adoption of media platforms like Twitter, TikTok and Instagram. Digital creators – the artists, musicians, gamers and influencers who have become celebrities in their own right – are power users that have collectively enabled the success of social media. Source
Solana price action indicates that bulls are attempting to regain the market. SOL prices begin the daily trading chart in a horizontal trend. As the market encounters resistance at the $100.5 level, solana prices are trading close to $100. Bulls will attempt to drive prices higher in order to reclaim the $101 level. If prices can be pushed below $99.5, the bears will be able to take control of the market. In the previous 12 hours, Solana prices have fluctuated between $97.10 and $100.54, with the cryptocurrency gaining 0.11%. Solana…
Over the weekend, Climate Replay, which comprises developers from the Mojang Group, the maker of the popular Minecraft series, posted a pledge regarding the responsible integration of nonfungible tokens, or NFTs, and digital currencies into gaming. “Games give us hope in a world that is increasingly uncertain. They help us unlock our creative potential and free us of real-world constraints — physical, financial or otherwise,” the team at Climate Replay said. However, they cautioned about the current state of digital assets intertwining with gaming: “Most NFTs, and by consequence, most…
Bitcoin (BTC) is facing calls for a significant price dip this week, and while some favor $30,000, there may be a safer bottom to long BTC. In a tweet on April 28, on-chain analysis platform Whalemap used whale support to determine where “many” investors should enter the market. Should hodlers hope for “max pain”? With Bitcoin whales in focus at what is the most historically significant consolidation zone in Bitcoin’s history, their buying and selling matters . Last month’s push to near $50,000 was thwarted, among other things, by large-volume…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #crypto #bitcoin #cryptocurrency Yahoo Finance’s Jared Blikre reports on the cryptocurrency market hitting $2 trillion market cap for the entire space. Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. About Yahoo Finance Premium: With a subscription to Yahoo Finance Premium, get the tools you need to invest with confidence. Discover new opportunities with expert research…