While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5 per transaction and on July 30, at 9 p.m. (ET), the average fee was roughly 0.001 ether or $1.70 per transfer. Moreover, the Gas Tracker on etherscan.io recorded even cheaper transfers this weekend, as transactions in the $0.18 to $0.66 range have been confirmed by…
Day: July 31, 2022
Where to invest your first $1,000 into Crypto 2022
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io One of the top questions I get asked is “Where should I invest $1,000 in crypto?” Well, that’s exactly what I hope to tell you in this video. I not only tell you where I’d invest my money if I were you, but I also tell you other things to consider and discuss 3 different strategies for investing your money. This video is for a complete newbie in crypto or even someone who knows their way around the space but needs some…
6 Questions for Kim Hamilton Duffy of Centre – Cointelegraph Magazine
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Kim Hamilton Duffy, director of identity and standards at Centre Consortium — an open-source technology project designed to create a more inclusive global economy. Kim is a leader in the emerging decentralized identity field and has architected successful open-source projects such as Verite, Blockcerts and the Digital Credential Consortium toolkit. 1 — Which…
BNB Registers New ATH Against BTC
Binance Coin (BNB) was able to climax at an all-time high that outperformed Bitcoin (BTC) – and Changpeng Zhao, Binance CEO, isn’t surprised at all. Remarkably, the BNB/BTC pair reached $0.0124. On the other hand, the BNB/USDT pair spiked by 56.92% and still in the green lane but wasn’t as significant as the BNB/BTC pair. According to CoinMarketCap, BNB price was up by 3.73% and currently trades at $291.12 as seen in the past 24 hours. Moreover, the token also gained an impressive number with its new monthly high that…
Why bitcoin uses so much energy | CNBC Explains
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In mid-May 2021, billionaire Elon Musk sent a tweet that crashed the cryptocurrency market. The Tesla CEO announced the electric vehicle company would no longer accept bitcoin for purchases due to its huge energy consumption. So why does crypto-mining use so much electricity, and is there a sustainable alternative? CNBC’s Nessa Anwar is joined by Ryan Browne to explain. Contents of this video: 0:00 – Intro 0:34 – What makes crypto different? 1:19 – Why was crypto-mining introduced? 1:49 – How does…
BRICS Currency Meant to Rival USD, Trump Warns of Depression as Kiyosaki Predicts Bond Crash, Waits to Buy Bitcoin — Bitcoin.com News Week in Review – The Weekly Bitcoin News
BRICS nations have revealed they’re “creating an international reserve currency” analysts believe is meant to challenge the U.S. dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Further, Donald Trump warns of a depression in the U.S., Rich Dad Poor Dad author Robert Kiyosaki says we’re in for the “biggest bond crash” in over 200 years, and FTX CEO Sam Bankman-Fried says he’s ready to deploy “hundreds of millions beyond what we have thus far” to help digital currency companies. Buckle up for another Bitcoin.com News Week in…
Bitcoin due ‘one of greatest bull markets’ as July gains circle 20%
Bitcoin (BTC) spoofed a breakout to fresh six-week highs into July 31 as a showdown for both the weekly and monthly close drew near. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Bart Simpson” greets traders into BTC monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD canceling out all its gains from early in the weekend, dropping from $24,670 to $23,555 in hours. The resulting chart structure was all too familiar to long-term market participants, creating a “Bart Simpson” shape on hourly timeframes. Liquidations nonetheless remained manageable, with the…
Top 5 Meme Tokens for 2022 | Cryptocurrency
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Memetoken #Shiba #Babydogecoin #Kishuinu #FlokiINU #Elon Today investors are looking forward to Meme Tokens rather than any other Crypto or Token to invest in, specially after Elon Musk started pushing Dogecoin in 2021. So we have made a list of Tokens which come under Meme Token Category but can give good returns on the investments. The list contains few Tokens which we have personally purchased and also contains few which we are just monitoring and looking forward to the jump if any…
Bitcoin rallies, Meta reports $2.8B metaverse loss, and what’s next for DeFi: CNBC Crypto World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Dan Morehead, CEO of Pantera, discusses why he says DeFi protocols performed flawlessly during the crypto downturn. 00:00 – CNBC Crypto World, July 28, 2022 0:23 – Crypto prices rally 1:17 – The headlines 3:26 – Dan Morehead of Pantera Capital »…
The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations – Emerging Markets Bitcoin News
A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a cryptocurrency regulatory framework. The report also said the CAR had expressed its “commitment to the single currency and respect for the statutes of the Bank of Central African States.” Developing a Crypto Regulatory Framework After initially clashing with the Central African Republic (CAR) over its decision to make bitcoin legal tender, the Bank of Central African States (BCAS) recently…