Month: July 2022

Ethereum (ETH) Shifts To High Gear

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The price of Ethereum (ETH) has continued to trade upwards over the past several days, following a dramatic reversal from the previous low near $1,000 during the last seven days. Wednesday saw the ETH/USD pair surge to the $1,175 barrier level, recording a clear higher high. As of this writing on Thursday, ETH was trading at $1,218 — an increase of 10.6 percent over the previous week, according to data from Coingecko. The announcement that Ethereum developers successfully executed The Merge on the Sepolia testnet boosted the price of Ether…

Bitcoin faces Mt. Gox ‘black swan’ as trustee prepares to unlock 150K BTC

Bitcoin (BTC) faces a new selling threat in the near future as users of defunct exchange Mt. Gox prepare to get their BTC back. In fresh correspondence dated July 6, attorney Nobuaki Kobayashi, appointed trustee in Mt. Gox rehabilitation process, confirmed that he was “preparing to make repayments” to account holders. Cash, Bitcoin or Bitcoin Cash? Over eight years after Mt. Gox imploded, it appears that those who lost money are about to receive BTC. The event has been long coming, as have concerns over its impact on the market.…

Delegated Proof of Stake Blockchain Accumulate (ACME) Releases Governance Documentation

Delegated Proof of Stake (DPoS) blockchain Accumulate has released its official governance documents. These detail the network’s constitution, its list of stakeholders, and the various rules and policies that govern both the protocol and the community. They also outline the primary role that the ACME token will play in the protocol’s development. At a high level, Accumulate combines traditional and novel approaches to blockchain governance in order to achieve optimal decentralized decision-making while maintaining a solid vision and clear direction for the community and ecosystem.  Accumulate’s constitution is constructed on the belief that…

What is SolScan and how to use it?

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When you are looking for information about certain transactions or tokens on the Solana blockchain, SolScan is the tool to use for this purpose. This tool is trusted by many venture capitalists, such as Solana Ventures and Alameda Research. In addition, there are over 2 million monthly users, totaling over 180 million data requests. Related: What is Solana, and how does it work? Most crypto enthusiasts know Etherscan, the Ethereum blockchain explorer, where you can, for example, find all tokens on the Ethereum blockchain. In addition to Ethereum, there are…

Celsius Network Clears its Bitcoin Loan, Resetting its Liquidation Price to $0

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Summary: Celsius Network has completely paid off its Bitcoin loan, resetting its liquidation price to zero. The lending platform has been paying off its loan on the Maker Protocol since mid-June and after it announced pausing of withdrawals. The complete repayment of its Bitcoin loan could be part of Celsius Network’s restructuring plan and commitment to making all its users whole. Celsius Network has completely paid off its Bitcoin loan and thus resetting its liquidation price back to zero. According to DeFiExplore.com, Celsius Network paid a total of 41.2 million…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, I identified the best price to invest in Bitcoin And I explained the bitcoin fractal movements and price behavior📊📉 #crypto #technicalanalysis #bitcoin #btc #technicalanalysis #tradingview #binance Bitcoin has been one of the most talked about investments over the past couple of years. It’s made a lot of people rich, but guess what it’s also made quite a few people poor. The reason being is because they’re uneducated about the investment that they’ve made. 💯🎯 2022 is a very difficult…

The Moscow Exchange is a good base for crypto trading, Russian lawmaker says

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Russia continues sending mixed messages about the legal status of cryptocurrency, with a parliament official urging the launch of crypto trading on the country’s largest stock exchange. The Moscow Exchange (MOEX) is the best match for hosting a regulated crypto exchange in Russia, according to Anatoly Aksakov, head of the Russian Banking Association and a financial committee within the State Duma. At a recent press conference, Aksakov stressed the importance of building a crypto exchange under the strict requirements of the Russian central bank, local news agency Prime reported on…