โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Today let’s talk about Bitcoin being adopted as legal tender by another country. Who is next? Also updates on Ethereum, Polygon, Near and Dogecoin. ๐ดNew CryptosRus Clips Channel: ๐จI Am George NFTs: ๐ธBuy Bitcoin & Crypto with IRA/401k Tax-Free ($100 Bonus) ๐Buy Bitcoin, Crypto & NFTs on FTX US (10% Discount on Fees) ๐ฐEarn 12.6% APY w/ Deposits and Trade Crypto w/ Vauld: ๐ณBlockfi Bitcoin Reward (1.5% Back in BTC) Credit Card: ๐ฅ File Crypto Taxes the Easy Way with CoinTracking: ๐ฆThe…
Day: May 26, 2022
Injective partners with Wormhole to bring 10 new blockchains to the platform
Decentralized finance (DeFi) protocol Injective (INJ) has partnered with Wormhole to integrate โ10 new blockchainsโ to its network. Injective is a Cosmos layer-2 decentralized exchange (DEX) that offers derivatives, token swaps and sports betting prediction markets. It is also focused on interoperability via cross-chain bridging, and currently supports digital assets from Ethereum, Polkadot and IBC-enabled chains such as Cosmos. Injective Labs, the protocolโs developers, noted in a May 25 announcement that the partnership will enable users to transfer and trade assets across any chain that is integrated with Wormhole. โThe…
InsurAce says it will pay millions to claimants after Terra’s collapse
DeFi insurance protocol InsurAce says it was well within its rights to reduce the claims period for people affected by the Terra USD (UST) depeg event from 15 days to seven โ but added it has already processed nearly all 173 submitted claims and will pay out $11 million. InsurAce (INSUR) is the third largest insurance provider for decentralized finance (DeFi) protocols, with a market cap of $15 million. On May 13, InsurAce caused a stir when it announced it had shortened the claims window for those with cover related…
World Bank wonโt support Central African Republicโs Sango crypto hub
The World Bank has signalled its concerns over the Central African Republic (CAR) adopting Bitcoin (BTC) as a legal currency and says it wonโt support the newly announced โSangoโ crypto hub. At the end of April CAR president Faustin-Archange Touadรฉra established a regulatory framework for cryptocurrency in the country and adopted Bitcoin as a legal tender. On May 24 he announced a plan to launch the countryโs first crypto hub called โSangoโ. Sango is described as the countryโs first โCrypto Initiativeโ โ a legal hub for crypto related businesses encompassing…
Ethereum Struggles Below $2K, Why Bears Remain In Action
Ethereum struggled to gain pace above the $2,000 resistance against the US Dollar. ETH is declining, but it is still above the key $1,920 support zone. Ethereum is showing a few bearish signs below the $2,000 barrier. The price is now trading below $2,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,970 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline sharply if there is a clear move below the $1,920 support zone. Ethereum…
Introducing Blockchain Automation Framework | Accenture
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io This a Distributed Ledger Technology (DLT) deployment automation framework that cuts the time required to setup a DLT network from several weeks to a matter of hours. Whether for early Proof of Concepts, pilots, or for production and moving to scale, BAF grows right along with you. Learn more: #blockchain โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Youtube version
ESG Study Shows Bitcoin Miningโs Potential to Eliminate 0.15% of Global Warming by 2045, Claims No Other Technology Can Do Better โ Mining Bitcoin News
In recent times, the impact of bitcoin mining on the environment has been a topical discussion as climate change activists believe proof-of-work (PoW) mining is too energy-intensive. However, a recent report written by the ESG analyst Daniel Batten explains that bitcoin mining could eliminate the worldโs carbon emissions by 5.32%. Battenโs study notes that if bitcoin mining entities โaggressivelyโ targeted leaked methane, bitcoin mining has the potential to avoid 0.15% of warming by 2045. ESG Analyst Claims Bitcoin Mining Is Currently the Only โTechnologically Feasibleโ Way of Reducing Methane Emissions…
THINGS HAVE CHANGED FOR CRYPTO HODLERS (Ethereum Merge CANCELED?!)
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Let’s discuss the LATEST cryptocurrency news for bitcoin, ethereum, altcoins, & more! ๐ฅ Trade crypto with zero fees on FTX App. Use referral code “ALTCOINDAILY” and get a free coin when you trade $10 worth: Ethereum MERGE Happening VERY SOON! ETH Will Change! Expert’s INSANE Price Prediction ๐ฐ Crypto Expert Makes SHOCKING Bitcoin Prediction for 2022 (Lengthening Cycles Theory): ๐ธ Gene Simmons REVEALS His 10x Cryptocurrency Portfolio for 2022: ๐ Raoul Pal’s Crypto Forecast for 2022: Altcoin Daily, the best cryptocurrency news…
Bitcoin Price Remains In Range, Why The Bulls Need To Take Control
Bitcoin retested the key $28,500 support zone against the US Dollar. BTC is rising and the bulls might aim a clear move above the $30,600 resistance. Bitcoin is trading in a major range below the $30,600 resistance zone. The price is now trading near the $29,800 level and the 100 hourly simple moving average. There is a crucial bearish trend line forming with resistance near $29,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain pace if there is a clear move above…
Ethereum Beacon Chain experiences 7 block reorg: What’s going on?
Ahead of the Merge tentatively penciled in for August, Ethereumโs Beacon Chain experienced a seven-block reorganization (reorg) yesterday. According to data from Beacon Scan, on May 25 seven blocks from number 3,887,075 to 3,887,081 were knocked out of the Beacon Chain between 08:55:23 to 08:56:35 AM UTC. The term reorg refers to an event in which a block that was part of the canonical chain, such as the Beacon Chain, gets knocked off the chain due to a competing block beating it out. It can be the result of a…