Month: April 2022

Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users – Bitcoin News

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On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million to early Supernet users “who can help fast-track adoption.” The announcement details that Supernets is essentially the team’s Polygon Edge network “on steroids.” Polygon Supernets — Dedicated, Scalable Blockchains That Aim to Ignite Mass Adoption Polygon has revealed a new project called Supernets after launching Polygon Edge last year. Essentially, Polygon Edge is a customizable blockchain stack that allows users…

Bitcoin funding rates show demand to short BTC as $40K becomes resistance

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Bitcoin (BTC) consolidated under $40,000 on April 23 as market expectations favored further losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Extreme fear” accompanies Bitcoin’s descent to $39,200 Data from Cointelegraph Markets Pro and TradingView followed a bearish BTC/USD after the pair touched $39,200 on Friday’s Wall Street open. Falling in line with stocks, Bitcoin now faced the prospect of resistance cementing itself at the $40,000 mark, with traders showing their lack of confidence in a short-term rebound. Data from on-chain analytics site Coinglass confirmed that funding rates across derivatives exchanges…

New York to Vote on Crypto Mining Bill, Could Become the First US State to Ban Bitcoin Mining

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Quick take: The New York State Assembly is scheduled to vote on a proposed ban on crypto mining activities in the state The vote will be carried out on Monday, April 25th If successful, the Bill proposed under number A7389C will make New York the first state to ban proof-of-work networks such as those of Bitcoin and Ethereum The Bitcoin Advocacy Group is requesting the crypto community in New York to oppose the bill The State of New York is once again on the cusp of banning crypto mining activities…

WHY BITCOIN AND CRYPTO IS RED TODAY

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today let’s talk about why Bitcoin is coming down from its recent high. US market news. Crypto news. 🚨I Am George NFTs: ➡️Buy Bitcoin & Crypto with IRA/401k Tax-Free ($100 Bonus) ✅Buy Bitcoin, Crypto & NFTs on FTX US (10% Discount on Fees) 💰Earn 12.6% APY w/ Deposits and Trade w/ Vauld: 🦄The best DeFi ecosystem (Swaps/Farming) w/ 1inch: 🌐Best All-In-One Platform for Managing your Crypto & Defi w/ CoinStats Premium (55% Discount): 💳Blockfi Bitcoin Reward (1.5% Back in BTC) Credit Card:…

While Apecoin Reaches New Price Highs, Data Shows Top 100 APE Holders Control 52% of the Supply – Bitcoin News

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During the last two weeks, statistics show the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), apecoin (APE), has climbed more than 50% against the U.S. dollar. A few days ago, apecoin tapped an all-time high at $17.30 per unit and the crypto asset is now the 32nd largest in terms of market capitalization among 13,691 other cryptocurrencies. Data also shows out of the 48,570 APE holders, there’s a large concentration of apecoin whales. A Large Concentration of Apecoin Whales The BAYC-infused apecoin (APE) has been…

How to use a Bitcoin ATM

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Things required to use a Bitcoin ATM There are a few things you’ll need to prepare before you can get started on using a Bitcoin ATM: A crypto wallet The first thing you’ll need before using a Bitcoin ATM is a crypto wallet. More specifically, you’ll need a Bitcoin wallet. A crypto wallet is an app or a piece of software that allows you to store your crypto. In this case, you’ll need a wallet that specifically supports Bitcoin (BTC) — one that allows you to send and receive Bitcoin.…

Bitcoin Documental | Criptomonedas | Dinero Digital | Blockchain | Cryptocurrencies

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Gran Documental sobre Bitcoin y criptomonedas. Para cualquiera que aún no haya entendido del todo el controvertido Bitcoin, este es un curso intensivo conciso e informativo sobre el dinero y las criptomonedas. Orig.: Bitcoin: The End of Money as We Know It (2015) Directors: Torsten Hoffmann (co-director), Michael Watchulonis (co-director) Writer: Torsten Hoffmann Stars: John Barrett, Andreas M. Antonopoulos, Jeffrey A. Tucker ···················································································· ¡MÁS PELÍCULAS!: ► Finanzas: ► Economía: ► Todas las listas de reproducción: #economía #finanzas #peliculas ···················································································· COPYRIGHT / IMPORTANTE:…

Bitcoin Slips Below $40k After Hostile Statements From Fed

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Bitcoin, the flagship crypto slipped below $40K after the Federal Reserve Bank of the United States made hostile comments. Powell stated on Thursday that at the upcoming Federal Open Market Committee meeting, the Federal Reserve will consider raising the benchmark interest rate by 50 basis points (0.5 percentage point). Bitcoin Slips Below $40K It was just a few days ago that the leading cryptocurrency hit a high of about $43,000, its highest level in over 10 days. This was an especially surprising price given that the asset had fallen to…

MATIC Slips on Saturday, RUNE and LUNA Over 5% Lower – Market Updates Bitcoin News

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MATIC fell to its long-term support level on Saturday, following a surge in price during Friday’s session. This came as both RUNE and LUNA also dropped, and traded by as much as 5% lower to start the weekend. Polygon (MATIC) During what has been a bearish start to the weekend, MATIC was one of the biggest losers so far in Saturday’s session. MATIC, which traded at its long-term resistance level of $1.50 on Friday, fell all the way to its support point earlier today. As of writing, Saturday saw MATIC/USD…

How NFTs are revamping the ticketing industry

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The concept of nonfungible tokens (NFT) came into existence in 2015, and it first got some traction in 2017 when many prominent digital collectibles such as CryptoPunks and EtherRock were created.  NFTs got early traction among premier sports clubs but burst into mainstream popularity after digital artist Beeple’s artwork was sold as an NFT for over $69 million. The Beeple event caught the attention of the world and proved to be a breakout movement for the NFT ecosystem. Today, most of the mainstream household brands, premium sports and clothing brands,…