Ether’s (ETH) 53% rally between July 13 and 18 gave bulls an edge in July’s $1.26 billion monthly options expiry. The move happened as Ethereum developers set a tentative date for the “Merge,” a transition out of the burdensome proof-of-work (PoW) mining mechanism. Ether USD price index, 12-hour chart. Source: TradingView According to some analysts, by removing the additional ETH issuing used to finance the energy cost required on traditional mining consensus, Ether could finally achieve the “ultra-sound money” status. On Beacon Chain, the issuance will be around 1,600 ETH…
Month: July 2022
Dick Durbin Joins US Senators Criticizing Fidelity’s Plan to Include Bitcoin in 401(k) Plans
U.S. Sen. Dick Durbin (D-Ill.) has joined the Labor Department and fellow senators Elizabeth Warren (D-Mass.) and Tina Smith (D-Minn.) in flagging concerns over Fidelity Investment’s plan to offer bitcoin (BTC) as an investment option for its 401(k) managed accounts. Source
US lawmaker calls for Apple and Google to provide info on fake crypto apps
“Industry shouldn’t be allowed to write the rules that they want to play by,” said Senator Sherrod Brown in calling for U.S. lawmakers and regulators to address crypto scams. Senator Sherrod Brown, chair of the Senate Banking Committee, has penned letters to the CEOs of Google’s parent company Alphabet and Apple calling for the tech firms to provide information on the ways they prevent certain apps from promoting crypto scams. According to the letters published on Thursday, Brown asked Apple CEO Tim Cook and Alphabet CEO Sundar Pichai for the…
Mining Bitcoin di HP Withdraw tiap 5 Menit Menggunakan Browser Mining Cocok untuk Pemula Tanpa Modal
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Mining Bitcoin di HP Withdraw tiap 5 Menit Menggunakan Browser Mining Cocok untuk Pemula Tanpa Modal Cara Mining Botcoin di Hp, Mining ETH di Hp, Mining ETC di Hp, Cloud Mining 2022, Mining BNB di HP, Website Auto Faucet Terlegit di 2022 Cara menghasilkan Uang dari internet 2022, Semua Coin Crypto bisa di Claim disini Caranya Mudah Cukup Pakai Hp aja, Kerjakan Tugas Harian, jika ingin Mining Bisa PAkai Hp dan Juga PC, Selamat mencoba. 👇Link Website : MAU DAPAT UANG 1JUTA…
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry – Mining Bitcoin News
On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining industry. The newly launched arm of the company plans to “bridge the gap between hardware manufacturers and buyers by providing an all-in-one solution for mining hardware deliveries.” DCG Company Foundry Launches Mining Logistics Arm Foundry, the crypto mining, staking firm, and DCG company has announced the launch of a new company venture called Foundry Logistics. The new mining logistics arm…
Crypto use in emerging markets driven by necessity: KuCoin Labs head
The proliferation of cryptocurrencies around the world has been driven by different use-cases, with key differences becoming apparent between developed and emerging market environments. Lou Yu, who heads up KuCoin Labs, tackled the subject after a keynote address during the second day of Blockchain Economy Istanbul in Turkey. In an exclusive interview with Cointelegraph, Yu unpacked her experience working with a variety of projects and companies around the world and the key differences between primary and secondary markets. Cointelegraph editor Erhan Karahman interviews KuCoin Labs head Lou Yu at Blockchain…
Why The IMF Thinks The Crypto Market Could See “Further Selloffs”
The crypto market is trading in the green with Bitcoin and Ethereum pushing beyond critical resistance levels. The first and second cryptocurrencies by market capitalization record a 10% and 15% profit in the last day and seem poised for more profits during today’s trading session. Related Reading | Bitcoin Makes Surprise Climb As Fed Discloses 0.75 Point Rate Bump In order to get more clarity in terms of direction, Bitcoin must close the daily candle above $23,000 and Ethereum above $1,700. Data from Material Indicators records a thing order book on…
Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry
Bitcoin’s (BTC) price has been stuck in a descending channel since July 20 and it is currently heading toward the $20,000 support by the end of July. Adding to this bearish price action, BTC is down 50% year-to-date, while U.S. listed tech stocks, as measured by the Nasdaq-100 index, accumulated a 24% loss. Bitcoin USD price index, 4-hour. Source: TradingView As the U.S. Federal Reserve tightens its economic policies by raising interest rates and scaling back debt asset purchases, risk assets have reacted negatively. Fed chair Jerome Powell is set…
Bitcoin Bounces Off Consolidation Range, What Lies In Store?
Bitcoin has been on a steady increase over the last two weeks. It has not been on the uptrend for all of this time, but the majority of the time, the digital asset has maintained this upward trajectory. This has seen it touch above $24,000 at one point after bouncing off its strong consolidation point. Now, as the digital asset trails $23,000, a couple of technical levels have begun to form beneath it. Bitcoin Begins To Form Support Bitcoin has broken above $23,000 once more, and support has begun to…
The First Digital Monetary System Built on Bitcoin – Press release Bitcoin News
press release PRESS RELEASE. Sango, the Central African Republic’s crypto-initiative, has set off a wave of excitement in the crypto space, fuelling curiosity and anticipation. Supported by a comprehensive Legal Framework, Sango will enable the creation of both the digital and physical infrastructure that would aid its development. SANGO will be partially backed by Bitcoin, meaning that will build up on an already existing strong foundation. What does “backed by Bitcoin” really means? Let’s set things straight: SANGO, the coin of the Sango sidechain, will be fractionally backed by Bitcoin,…