Day: August 5, 2022

Polkadot Price Shows Strength, Eyes $10

The price of Polkadot (DOT) shows strength after bouncing from key support on the weekly chart against Tether (USDT). After Bitcoin (BTC) bounced from its monthly low of $19,000, this signaled a relief for other crypto altcoins including the price of Polkadot. (Data feeds from Binance) Price Analysis Of Polkadot On The Weekly (1W) Chart   Weekly Chart Analysis For DOT Price | Source: DOTUSDT On Tradingview.com From the chart, the price of DOT saw a weekly low of around $6.50, where it has formed support.The price has built more momentum…

Crypto Becomes Next Financial Sector Under US Lawmakers’ Diversity Lens

Waters, who is also leading an effort alongside the panel’s ranking Republican to write legislation to regulate stablecoins, signed the letters alongside other committee Democrats, sending the requests to prominent crypto companies, including Binance.US, Circle, FTX and Coinbase, plus companies investing in the industry such as Andreessen Horowitz and Digital Currency Group, the parent company of CoinDesk. Source

Crypto Market Struck – latest news update (hindi/urdu)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today In this video I’ll share latest crypto news night update in hindi & urdu. Market is badly struck what will be the next move of Bitcoin ? _______________________ To join Crypto premium Group Email:👇 usmanhussain172@gmail.com _______________________ Asalaam o alikum dear YouTube family, We are going to Update you about Next 12 hour BTC and ethereum situation.And we will teach u how Candle works And The most important thing is MARKET Capitalization scale U have to follow These 3 points : First…

La fusión de Ethereum generará varias consecuencias para la blockchain, según Citi

La fusión o merge, la primera de cinco actualizaciones planeadas para la red, podrían solamente incrementar la velocidad de transacciones en un 10% al reducir los tiempos de bloques, según el reporte. Sin embargo, allana el camino para el surgimiento o surge, que es la próxima actualización planeada por la red y que promete una capacidad de 100.000 transacciones por segundo en la blockchain, agregó el informe. Source

Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives – Metaverse Bitcoin News

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Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge of the deal. Meta to Issue Bonds to Finance New Investments Meta, one of the first companies that pivoted to the metaverse as part of its main business model, is set to issue debt in order to continue to…

Crypto Market Trades Sideways As The Inflation Fear Kicks In, What’s Ahead?

The past week brought hope and confidence to lots of crypto participants. This is due to the growth seen in most major cryptocurrency tokens as they witness some price increase. However, happy days seem to be cut short suddenly as prices twist in reverse. The last 24 hours have thrown the crypto market into a confusing state and tension as prices dip. Some crypto experts are afraid that increasing inflation could lead to another period of bear markets. Most of the leading crypto assets are experiencing a downward climb after…

Is it Too Late To Start Mining Crypto

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Justin Sun Backs Ethereum Hard Fork as Merge Approaches

Developers say the move away from a proof-of-work (PoW) system will make the network much cheaper, faster and environmentally friendly. It will also mean the end of an income stream for Ethereum miners, who are rewarded with ether (ETH) tokens for supplying resources to the blockchain. Miners produced over $620 million worth of ether in July alone, data show, making The Merge akin to a death knell for a significant chunk of cash. Source

Decentralized finance faces multiple barriers to mainstream adoption

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Decentralized finance (DeFi) is a growing market popular with experienced crypto users. However, there are some roadblocks regarding mass adoption when it comes to the average non-technical investor.  DeFi is a blockchain-based approach to delivering financial services that don’t rely on centralized intermediaries but instead use automated programs. These automated programs are known as smart contracts, enabling users to automatically trade and move assets on the blockchain. Protocols in the DeFi space include decentralized exchanges (DEXs), lending and borrowing platforms and yield farms. Since there are no centralized intermediaries, it’s…