Month: July 2022

Two Under-the-Radar Altcoins Rolled Out on Digital Asset Exchange Crypto.com

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Singapore-based digital asset exchange Crypto.com is adding support for two under-the-radar altcoins as markets rebound. Earlier this week, the exchange listed the native token of Boba Network (BOBA). The project utilizes optimistic rollups, a less stringent and data-heavy method of transaction verification than traditional zero-knowledge rollups. The BOBA token can be used for governance and staking. The project aims empower decentralized applications (DApps) developers building on Ethereum (ETH). BOBA is trading at $0.51 at time of writing. The 306th-ranked crypto asset by market cap is up more than 15% in…

Majority See Dogecoin Losing All Value — ‘It’s Time to Get out of DOGE’ – Altcoins Bitcoin News

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A panel of crypto industry experts says now is the time to sell dogecoin. The majority of the experts expect DOGE to completely lose its value. Dogecoin “was a meme coin that shouldn’t have really gotten to this point,” said one of the experts on the panel, blaming Tesla CEO Elon Musk for the popularity of the meme cryptocurrency. Expert Panel on Dogecoin Losing All Value Price comparison portal Finder updated its dogecoin (DOGE) price predictions Wednesday. The platform explained that it measures expert predictions of the future price of…

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How To Mine Cryptocurrency On Android ( Real Android Mining!! ) Step by Step Guide

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How High Can Ethereum Go Before The Merge

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The Ethereum “Merge” has become a hot topic among top crypto analysts after the incident that led to the collapse of the Ethereum network in the sale of Otherside by Yuga labs, with nearly $200M lost as gas fees. Related Reading: Proof of Work Vs Proof of Stake – Laneaxis The Ethereum merge, also known as Ethereum 2.0, is the upgrade of the existing execution of the Ethereum layer 1 from proof-of-work (PoW) to proof-of-state (PoS), Beacon chain. POW was first used by the early pioneers of the blockchain Bitcoin…

Crypto pumps after Fed rate hike, Zuck pins hopes on Metaverse making hundreds of billions, and Tesla posts $64M BTC gain: Hodler’s Digest, July 24-30

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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week   ‘Bullish rate hike’ — Why crypto spiked in the face of bad news Despite the U.S. Federal Reserve announcing a 75-basis-point interest rate hike on Wednesday, the crypto markets pumped significantly on the same day with the momentum continuing through the week. Quantum Economics…

Ethereum Price Surges Following The Final Testnet Details

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The Ethereum community has been anticipating the move from the Proof-of-Work (PoW) to the Proof-of-Stake mechanism. Luckily for everyone, the Merge will soon occur, and reports show that the developers are approaching the final test phase before the significant event. Tim Beiko, the lead developer on Ethereum, disclosed these details on July 28. According to him, the testnet transition will take place on the Goerli testnet, a close simulation of the Ethereum mainnet. 📢📢📢 Goerli/Prater Merge Announcement 📢 📢📢 Prater will run through the Bellatrix upgrade on August 4th, and…

Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700 – Finance Bitcoin News

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New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax evasion. Critics doubt the law will achieve that. Authorities in Israel Go After Cash Purchases, Introduce Lower Limits Payments of large sums of money in cash and bank checks will be further restricted in Israel by amendments set to take effect on Aug. 1. Tax officials want to further…

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Exchange Inflows Decline To Low Values

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On-chain data shows the Ethereum exchange inflows have declined to low values recently, a sign that could be bullish for the crypto’s price. Ethereum 7-day MA Exchange Inflows Have Gone Down In Recent Weeks As pointed out by an analyst in a CryptoQuant post, the ETH price has been reversing up as the PoS merge comes near. The “exchange inflow” is an indicator that measures the total amount of Ethereum moving into wallets of all centralized exchanges. When the value of this metric shoots up, it means a large number…