Day: June 24, 2022

"The Merge Probably Will Happen In The Summer" (Ethereum Merge Update)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video I share and discuss all the latest Ethereum Merge updates and timelines. This includes Vitalik’s latest appearance at ETH Shanghai and a recap of the Ethereum Dev and Consensus Calls. Links to support me: ▶️ Red Fox Crypto Discord: ▶️ Awesome Miner Referral Link: ▶️ Hive OS Referral Link: ▶️CoinTracking Referral Link: ▶️Parallel MIner Referral Link: Current Favorite GPUs: ▶️ RX 6600: ▶️ RX 6600 XT: ▶️ RTX 3090: Mining Rig Parts I Use: ▶️ 6-GPU Frame: ▶️ 8-GPU…

Binance Seals New NFT Deal Involving Football Star, Cristiano Ronaldo

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Although many crypto firms are experiencing the bite of the bearish cryptocurrency season, Binance looks to up its game by taking an aggressive stance and signing a deal with football superstar Cristiano Ronaldo. This deal with Ronaldo will be centered around NFTs. Last week saw many layoffs in the crypto space. Binance CEO Changpeng Zhao was caught in attention when he posted a tweet at competitors who fired workers during the meltdown. It didn’t take much time for Crypto twitter to find the hilarity in the post, as the photo…

SHIB’s Shibarium Public Beta Is Planned for Deployment in Q3 – Bitcoin News

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The shiba inu crypto community is anticipating the launch of the layer two (L2) scaling solution Shibarium after it was revealed that the public beta will launch in the third quarter. According to shiba inu developers Shytoshi Kusama and Ryoshi, the layer two solution will bring transaction fees down considerably and possibly to zero. Shiba Inu’s L2 Solution Shibarium to Launch in Q3, Ethereum Whale Acquires 163.2 Billion SHIB The meme token shiba inu (SHIB) has seen a 33.6% gain against the U.S. dollar during the last seven days and…

U.S. crypto firm Harmony hit by $100 Million Theft

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According to a tweet from Blockchain Harmony, the hack of its Horizon bridge, which enables users to transfer currencies between various blockchains, happened on Thursday morning. One further significant weakness in the ecosystem of digital assets was revealed when hackers stole nearly $100 million from a so-called bitcoin bridge. Blockchain harmony assured that it has “begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds.” According to CoinGecko, Harmony’s native ONE token, which is used to pay transaction fees, collect incentives,…

Es argentino, ofrece tours en Airbnb para explicar bitcoin y a los turistas les encanta

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Cuando Buterin visitó Argentina en diciembre de 2021, fue parte de la visita guiada de Ferrer. “No sabía cómo reaccionar, fue una grata sorpresa”, recordó Ferrer, y agregó que Buterin entregó algunos ether en la cueva a cambio de ARS 93.000 –aproximadamente $450, según la tasa informal de ese entonces– para utilizar durante su tiempo en Argentina. Original

With Bitwise and Grayscale Decisions Looming, Spot Bitcoin ETF Approval Hopes Are Running Low

“It seems that it’s no longer a question of ‘if’ but just a question of ‘when’ the SEC will finally approve a spot ETF,” Bradley Duke, co-CEO of the London-based ETF issuer, ETC Group. “But the current crypto market turbulence, including the fallout from the collapse of UST and Terra Luna and the distress of major crypto finance firms like Celsius and BlockFi, could all contribute to giving the SEC reason to delay further opening the floodgates.” Source

Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead?

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On-chain data shows Bitcoin whales are transferring large amounts to derivatives exchanges right now, a signal that more volatility could be ahead for the crypto. Bitcoin All Exchanges To Derivatives Flow Continues To Show High Value As explained by an analyst in a CryptoQuant post, BTC whale activity on derivatives exchanges still seems to be high. The relevant indicator here is the “all exchanges to derivatives exchanges flow,” which measures the total amount of Bitcoin moving from spot exchange wallets to derivatives. When the value of this metric spikes up,…

Coinbase Launches First Crypto Derivatives Product Tailored Towards Retail Traders.

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In the midst of a collapse in the market for digital assets, cryptocurrency exchange Coinbase is launching a derivatives product next week. On June 27, Nano bitcoin futures, the exchange’s first listed product, will go live. Investors will be able to purchase contracts linked to the potential value of a tenth of a bitcoin. It will be reachable through clearing companies and independent retail brokers. Futures contracts can be used as a hedge for trading techniques by institutional and retail traders alike because they are smaller in size and need…

Grayscale Bitcoin Trust’s ‘GBTC Discount’ Narrows With ETF Decision on Horizon

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Grayscale (whose parent company Digital Currency Group also owns CoinDesk) has applied to convert the GBTC into an exchange-traded fund, or ETF. And for months, some traders have been monitoring the discount as a proxy for the likelihood of winning approval. According to the market logic, the GBTC would trade at par with the underlying bitcoin in the fund if the conversion goes forward; in other words, the discount would evaporate. Original