Day: May 18, 2022

Crypto Bad Ideas: Abortions on the Blockchain!? + Bored Apes Break Ethereum (w/ Molly White)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Creator of Web3 is Going Great, developer Molly White joins Scam Economy with Matt Binder to discuss the insanely high Ethereum gas fees from over the weekend where people were being charged thousands in fees for transactions as low as $5, how this was caused by Bored Ape Yacht Club owners Yuga Labs, and shows everything wrong with the Ethereum network (and crypto more broadly.) Also, after the SCOTUS leak showing Roe v. Wade may very well be overturned and abortions could…

Three Tactics to Spice Up Your Blockchain Marketing Strategy

Located at the intersection of digital marketing and blockchain PR, launching a blockchain marketing campaign is all about creating something that connects with your audience, demonstrating the impact of your product, and enticing investors over to your platform. But, like many things in life, launching a great campaign is much easier said than done. In this article, we’ve brought together three essential blockchain marketing strategies, giving you all the tips you need to launch a successful campaign. We’ll be covering: SEO, SEO, SEO Focusing on Transparency Off the beaten path…

Decentralized Exchanges (DEX) Explained

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Similar to foreign exchange markets, where currencies are traded continuously, cryptocurrencies need their own markets for users to buy, sell and trade cryptocurrencies. However, as decentralization is a key aspect of cryptocurrency trading there was a need – trading without the cost or manipulation of a third party, for exchanges without a centralized point of authority, welcome Decentralized Exchanges (DEX). What are Decentralized Exchanges (DEX) Decentralized exchanges are cryptocurrency exchanges focusing on peer-to-peer trade without the need for a middleman. Being peer-to-peer, they are not legally based in any country…

A Bitcoin contactless payment story

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The Lightning Network (LN) just got a bit faster, as the suitably named Bolt Card now enables Bitcoin (BTC) enthusiasts to pay for goods and services using contactless technology.  A data analyst at the company behind the card, CoinCorner, took the Bolt card on a trial run on the Isle of Man, a British Crown dependency in the Irish Sea. “MSW” — as he is known — tapped to pay at more eight point-of-sale (PoS) devices during his lunchtime investigation. It worked like this: for any PoS device showing a…

Aave price risks a 25% plunge as a classic bearish reversal pattern emerges

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Technical analysis suggests that a recent uptrend in the price of Aave (AAVE) is showing signs of exhaustion based on early development of a classic bearish reversal pattern. Is AAVE headed to $70? Dubbed a “rising wedge,” the pattern surfaces when the price rises inside a range defined by two ascending, converging trendlines. As it happens, the trading volume declines, pointing to a lack of conviction among traders when additional buying is needed for continued upside momentum. Therefore, falling wedges typically result in a bearish breakout where the price breaks…

NEXT ETHEREUM MOVE REVEALED (must watch)!! Ethereum Price Prediction 2022, Ethereum News Today (ETH)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io NEXT ETHEREUM MOVE REVEALED (must watch)!! Ethereum Price Prediction 2022, Ethereum News Today (ETH) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Targets and my Ethereum Strategy (Ethereum Technical Analysis Today)! Is Ethereum the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! 🚨 Learn Technical Analysis Here 👉 👈 ► I trade on Bybit 👉 👈 (NEW $4,050 BONUS)* 🔥 Register with my link for…

Bitcoin shakes of Fed volatility as analysts remain split on return under $24K

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Bitcoin (BTC) circled $30,000 on May 18 after fresh comments from the United States Federal Reserve sparked n volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Extra Fed rate hikes “biggest risk” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating within a range in place since May 12. The pair had come unstuck as Fed Chair Jerome Powell delivered economic policy insights during the Wall Street Journal’s Future of Everything Festival. “I don’t know if financial conditions have tightened more than this in a very long time,” he…

China Continues to Clamor for Crown as Cryptocurrency Capital

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According to a report released by the Cambridge Center for Alternative Finance on Tuesday, China now accounts for 21.11% of global hashrate for Bitcoin mining, behind the U.S. at 37.84%. It’s more likely that Chinese miners simply shifted the equipment to more covert operations, away from prying eyes. The stories of Bitcoin mining’s decline in China have been greatly exaggerated, at least according to a Cambridge Center for Alternative Finance report that shows the practice has come back in full force to levels higher than before Beijing’s crackdown on the…

Argo Blockchain Q1 Net Income Plunges 90% $2.1 Million

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New Data Shows China Still Controls 21% Of The Global Bitcoin Mining Hashrate

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China is back with a vengeance. The Cambridge Centre for Alternative Finance, or CCAF, collected data “spanning the period from September 2021 to January 2022” for their latest study. The headline is that, ban or no ban, the Asian country controls 21% of the Global Bitcoin mining hashrate. Since June 2021, here in NewsBTC, we’ve been wracking our brains trying to figure out why did China ban bitcoin mining. Maybe we were barking at the wrong tree the whole time.  According to the CCAF’s numbers, unsurprisingly the “US has remained…