There’s an Insatiable Urge to Burn Crypto — A Look at Why Projects Burn Tokens and the Benefits – Technology Bitcoin News

In recent times, cryptocurrencies that burn tokens have been very popular and a number of well known blockchain projects have destroyed large sums of digital assets. While a number of crypto projects have different burn schemes, the overall effect is usually the same, as destroying tokens reduces the circulating supply. Blockchain Projects Burn Tokens for Specific Benefits and Objectives Burning tokens has been a popular trend and articles often highlight specific projects like Ethereum, Terra, Shiba Inu, and many more that have destroyed large sums of native tokens. $SHIB burn…

Investing in Stocks & Crypto: Tips for the Beginner Investor

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Let’s talk about investing! I’m sharing how & why you should start investing, bc building financial freedom is an important part in any dream life. This is based off my personal experience investing in stocks & crypto (bitcoin, ethereum & alt coins). I am NOT an expert or financial advisor. Please do your own research by consulting credible resources. Links below! // Investing Resources → Investing 101: The Concept of Compounding | → Strategy: Investing in Your 20s | → 10 things…

Here are 3 ways hodlers can profit during bull and bear markets

For years, cryptocurrency advocates have touted the world-changing capability of digital currency and blockchain technology. Yet with the passing of each market cycle, new projects come and go, and the promised utility of these “real-world use case” projects fails to satisfy. While a majority of tokens promise to solve real-world problems, only a few achieve this, and the others are mere speculative investments. Here’s a look at the three things cryptocurrency investors can actually “do” with their coins. Lending Perhaps the simplest use case offered to cryptocurrency holders is also…

XRP Faces Rejection At Key Resistance; Here’s What On-Chain Metrics Suggest

XRP has been on a downtrend owing to a lack of demand for over a week now. The coin has retouched a multi-month low at the time of writing. Broader market weakness also remains to be blamed along with a whirlwind of regulatory roadblocks owing to SEC vs Ripple’s lawsuit. Overall it hasn’t been a very favourable time for the altcoin. The market capitalisation of XRP has noted a 7% decline over the past 24 hours according to CoinMarketCap. The market capitalisation of the coin was $29.13 billion at the…

ECB, Eurosystem begins experimental prototyping of digital euro customer interface

Progress will continue on the development of the digital euro as the European Central Bank (ECB) and Eurosystem have begun looking for companies to participate in an exercise to prototype customer-facing payments services. Payment service providers, banks and other relevant companies were invited to express interest in the project in an announcement released Thursday. Eurosystem, which comprises the ECB and the national central banks of countries that use the euro, stated that it will select up to five front-end providers on the basis of their capabilities and the use cases…

US Based ASIC Bitcoin Mining Supplier is REAL! I bought two S19j Pros and met them in person..

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Where can you buy bitcoin ASIC miners in the US? Well I have been looking and I have found a new crypto mining supplier! I am partnering with Musk Miners – they are who I buy my S19J Pros from going forward. My Discord Server: There, you can talk to me and to Musk Miners about buying hardware or in the near future, hosting your miners with them! Also you can suggest video topics, or correct the wrong things Ive said in…