Day: July 22, 2022

CoinFLEX Proposes Plan to Compensate Depositors, Restructure Business

CryptoX – Cryptocurrency Analysis and News Portal CoinFLEX’s plan needs to be voted on by its depositors, and nothing has been finalized. The exchange said it plans to host a video session next week to answer questions from its community. Co-founders Sudhu Arumugam and Mark Lamb also said they may appear on YouTube or a podcast next week to discuss their vision for reviving the platform. Source The post CoinFLEX Proposes Plan to Compensate Depositors, Restructure Business appeared first on CryptoX. CryptoX Portal

Ether supera los $1.6K por la fusión mientras el mercado aguarda la decisión de la Fed

Asia Dow terminó el día con una suba de 0,37%, con ganancias superiores al 0,4% en el Nikkei 225 de Japón y Singapur. En Europa, el DAX de Alemania subió 0,28% y el Stoxx 600 creció 0,4%. Sin embargo, los futuros de acciones estadounidenses cayeron mientras los inversores esperaban el próximo lote de ganancias del segundo trimestre. El S&P 500 cotizaba 0,26% a la baja, mientras que el Nasdaq 100 caía 0,42% antes de la apertura de Nueva York. Source

Ethereum Shows Signs Of Exhaustion, But Could It Still Touch $1,700?

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The crypto market has extended its bullish momentum despite recent tailwinds, Ethereum continues to lead in this recovery. The second crypto by market cap trades at $1,600 with a 35% profit in the past week. Related Reading | Crypto Market On The Mend: ApeCoin And Curve DAO Show Gains Trading firm QCP Capital shared a market update claiming the current bullish price action has been a “pleasant surprise for all”. This price action started on the back of the latest U.S. Consumer Price Index (CPI) print; a metric used to measure…

☀️HUGE SUMMER UPDATE!! FISHING, GEM GENIE, MINIGAMES!! – Mining Simulator 2 (Roblox)

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NEAR Hits 6-Week High on Friday, NEO Extends Recent Gains – Market Updates Bitcoin News

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Near protocol was trading at its highest level since June 10 in today’s session, as prices of the token rose for a second straight day. Neo was also higher on Friday, with prices surging by over 15%, pushing the token to multi-week highs. Near Protocol (NEAR) Near protocol (NEAR) was one of the notable gainers on Friday, as prices of the token rose by as much as 10%. Following a low of $4.17 on Thursday, NEAR/USD rallied to an intraday peak of $4.75 earlier in today’s session. Friday’s rise saw…

To Use or Hold? Solving the Classic Crypto Conundrum With a Dual Token Model

A dual-token economy fixes this. In such a scenario, one token fulfills governance duties, while another is reserved solely to pay gas. In such a system, holders of the primary token can be considered the “owners” of the network, as they are entitled to influence the project’s direction via voting. The gas token, meanwhile, is completely decoupled from the main asset. Thus the “stake reduction through use” problem is solved. Source

Bitcoin wobbles on Wall Street open as Ethereum hits $1.6K in 6-week high

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Bitcoin (BTC) took a step back as Wall Street trading began on July 22 after recovering most of its previous losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC bulls fail to sustain assault on multi-week high Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD encountering fresh resistance near $24,000. The pair had spent the past 24 hours slowly clawing back lost ground after news that Tesla had sold most of its BTC holdings. With the pre-announcement high of $24,280 still in force, bulls saw something of a setback as…

US Calls Off Extradition Request for BTC-e Operator Alexander Vinnik

According to Belot, however, the move will allow U.S. authorities to keep Vinnik in prison longer and later extradite him to Greece, where he was first arrested in 2017, and, ultimately, to the U.S. Vinnik was indicted there in 2020 by a California court on allegations of “computer intrusions and hacking incidents, ransomware scams, identity theft schemes, corrupt public officials and narcotics distribution rings.” Source AlexanderBTCecallsExtraditionOperatorRequestVinnik CryptoX Portal

The opportunities and risks of Metaverse for small businesses

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The Metaverse has been become one of the biggest buzzwords in the blockchain and crypto, as it promises to provide a more immersive, interactive and collaborative experience than what the internet has accomplished to date.  This promise of a new world has huge enterprises like Meta (formally known as Facebook) investing huge sums in the budding space. When most hear the name Metaverse, their mind wanders to a few things: an avenue for global conglomerates to showcase their technology-forward bent, an esoteric product for a selected few to display nonfungible…

LIVE: US INFLATION REPORTS! What will happen to Bitcoin?

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