Day: June 3, 2022

New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature – Mining Bitcoin News

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The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York PoW Mining Moratorium Legislation to Be Delivered to Governor Kathy Hochul’s Desk, Crypto Advocates Say the Bill Is a ‘Significant Setback for the State’ New York-based lawmakers have submitted a bill that aims to ban PoW mining operations that leverage carbon-based…

Central African Republic to tokenize the nation’s natural resources

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The Central African Republic (CAR) has announced plans to proceed with its ambitious Sango Project by tokenizing access to the country’s abundant natural resources. President Faustin-Archange Touadéra posted a photograph of a statement on his official Twitter account Thursday detailing the next steps in the project.  The statement, signed by Minister of State and cabinet chief of staff Obed Namsio, read, in part:  “We are giving everyone access to the riches of our land. In other words, we are transforming them into equally valuable and important digital assets through an…

ETHEREUM MUST HOLD THIS LEVEL (or else)!!! Ethereum Price Prediction 2022, Ethereum News Today (ETH)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ETHEREUM MUST HOLD THIS LEVEL (or else)!!! 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…

After Various Token Sale Rounds, ‘MetaFi’ Platform Choise.com Will List CHO Token on Popular Exchanges

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According to information on the Choise.com website, after successfully completing token sale rounds, the company will proceed to the TGE (token generation event) stage. Listing of the CHO token is planned on the leading DEX exchanges: UniSwap and Raydium. The company confirmed this information, specifying that the listing will happen on June 7. From January 2022 onward, several rounds of sales of CHO token allocations on Crypterium, SolRazr, OccamRazer and Bitbns launchpads were successfully completed. At the end of April, the project team closed the last round by packing CHO…

Bearish Year Leaves Dogecoin Trading Below $0.10, Who Remains In Profit?

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Dogecoin has found itself unable to rally the way it did in the first half of 2021, thus resulting in it losing most of the value generated during that time. Nevertheless, it remains mostly profitable for the majority of its investors. The meme coin which has since lost its footing above 10 cents still remains the largest meme coin and a top 10 cryptocurrency by market cap, and this translates to the profitability of the digital asset. Majority Holders In Profit Even with the digital asset having declined more than…

LABEL Foundation Integrates With Binance Custody to Offer Cold Storage Support for $LBL Token – Press release Bitcoin News

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press release PRESS RELEASE. LABEL Foundation has announced that it has officially integrated with Binance Custody to take advantage of their highly secure cold storage solution. With this integration, LABEL’s native tokens can be kept safely as the $LBL is now supported by Binance Custody and the tokens are safely stored using their institutional and insured cold storage feature. Moreover, both BEP-20 and ERC-20 are available for deposits as well as withdrawals. If all goes well, the LABEL team hopes to further expand its partnership with the Binance ecosystem in…

5 metrics to monitor before investing in crypto during a bear market

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Cryptocurrency bear markets destroy portfolio value and they have a dangerous tendency to drag on for longer than anyone expects. Fortunately, one of the silver linings of market-wide pullbacks is that it gives investors time to re-focus and spend time researching projects that could thrive when the trend turns bullish again. Here’s five areas to focus on when deciding whether to invest in a crypto project during a bear market. Is there a use case? The cryptocurrency sector has no shortage of flashy promises and gimmicky protocols, but when it comes…

The crypto market dropped in May, but June has a silver lining

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May 2022 was not for the faint-hearted. Even the most embattled and experienced crypto traders were tested in the first two weeks of the month on a brutal drop following the United States Federal Reserve’s announcement that interest rates would be rising by 0.5%. Crypto used to exhibit a lower correlation with real-world events and was generally unaffected by capitalistic successes and failures. However, a very steady approximate peg between Bitcoin (BTC) and the S&P 500 index was seen throughout the first five months of 2022. Inflation and war fears…

Coinbase နဲ့ထုတ်လို့ရတဲ့ Game အသစ်လာပါပြီ How to New Coinbase Online Money Game APP 2022

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Helicopter CBDC money rains on Shenzhen, May 26—June 1

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China’s pandemic-hit economy needs all the help it can get after a surge in COVID-19 infections triggered mass lockdowns across the country. In an attempt to revive consumption, the southern city of Shenzhen used Beijing’s central bank digital currency, or CBDC, to airdrop free money to local residents. A similar strategy was used in the northern Hebei province, where even more digital yuan was deployed. Think of all the things governments can do when they have full control over fiat money on-ramps.  This week’s Crypto Biz newsletter explores China’s helicopter…