Month: June 2022

Traders target $1,400 Ethereum price after ETH drops closer to a critical support level

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On June 8, the Ethereum network successfully underwentย the merge to become proof-of-stakeย on its Ropsten testnet, but the news had little impact onย ETHย price.ย  With the Ropsten upgrade now looking more like a โ€œbuy the rumor, sell the newsโ€ type of event, most analysts have kept a short-term bearish outlook for Ether price. Let’s take a look. ETH/USDT 1-day chart. Source: TradingView Can Ether escape the head-and-shoulders pattern? Pseudonymous Twitter analyst “Cactus” pointed out a bearish head-and-shoulders pattern and questioned whether Ether price would be able to follow the sharp downside that…

BITCOIN HOLDS WHILE ALTCOINS BURN | REMINDS ME OF…

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Bamboo Aims to Make Crypto Investing More Inviting

For example, you can invest just a quarter in crypto by rounding the $2.75 you pay for a cup of coffee to $3. Bamboo also offers the option to invest significantly more, up to $20,000 a day, or via weekly installments, although Cassidy noted the company is not an exchange but rather โ€œfocused on being a savings app.โ€ Source

Paypal Upgrades Crypto Service โ€” Now Lets Users Transfer Cryptocurrencies to Other Wallets, Exchanges โ€“ Featured Bitcoin News

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Paypal has begun letting users transfer cryptocurrencies between its platform and other wallets and exchanges. โ€œThis feature has been consistently ranked by users as one of the most requested enhancements since we began offering the purchase of crypto on our platform,โ€ Paypal revealed. Paypal Now Supports External Wallet Transfers Payments giant Paypal finally allows users to transfer cryptocurrencies in and out of its platform. The company announced Tuesday: We are thrilled to announce that starting today, Paypal supports the native transfer of cryptocurrencies between Paypal and other wallets and exchanges.…

Digital assets still make a lot of sense, says Codex co-founder

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Co-founder and chief evangelist officer for Codex, Alex Gordon-Brander, spoke to Cointelegraph about his Bitcoin story, the real-world use cases for crypto, and the economic downturn during a World Economic Forum interview in Davos, Switzerland.ย  Standing curbside in front of Davosโ€™ โ€œCrypto Houseโ€ at dusk, where Gordon-Brander had just finished demonstrating Codexโ€™s capabilities during a crypto panel, the co-founder shared an upbeat outlook on crypto. A long-serving crypto enthusiast and trad-fi veteran, Gordon-Brander told Cointelegraph he was exploring digital and energy-backed currencies prior to discovering Bitcoin (BTC). He researched a…

Legendary Cryptographer David Chaum on the Future of Web 3

Somehow, Chaum is still optimistic, he told CoinDesk. Heโ€™s now an unabashed supporter of the blockchain industry, which can evade the pitfalls of proprietary technology and centralized corporations. He’s often still called the “Godfather of Cryptocurrency” (one of Satoshi Nakamoto’s few citations given in the Bitcoin whitepaper), and his cryptography research into blind signatures, group signatures, mix networks, secure digital voting and zero-knowledge proofs, and more, is still fertile ground for modern crypto developers. Source

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