Day: August 17, 2022

Bitcoin And Ethereum Retrace Before Crypto Sentiment Could Reach “Greed”

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Sentiment around the crypto market had been on the rise when the price of Bitcoin and Ethereum had picked up some momentum. Both of these digital assets had been able to reach a new two-month high following the surge in prices. This resurgence quickly saw positive market sentiment erode over negative and pushed the Fear & Greed Index close to “Greed.” However, before the market could enter this green territory, the retracement began. Crypto Market Shies Away From Greed The recovery in price had put the market sentiment on a…

Understanding The Recent Growth of Move-To-Earn

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Encouraging people to exercise is one of the most difficult challenges in the fitness industry. While everybody knows that working out is good for them, doing so can be daunting and frustrating. One of the fascinating methods of trying to entice people to get fit is through move-to-earn programs. These projects incentivize people to work out by paying them to do so. Move-to-earn projects have existed for some time, but recently, they have seen tremendous growth. One of the catalysts for this is the enormous success that StepN has seen,…

How Bitcoin Will Hit $1M By 2030

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Ethereum Foundation clarifies that the upcoming Merge upgrade will not reduce gas fees

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According to a new clarification by the Ethereum Foundation on Wednesday, the network’s upcoming proof-of-stake transitory upgrade — dubbed the “Merge,” — will not reduce gas fees. Regarding this, the Ethereum Foundation wrote:  “Gas fees are a product of network demand relative to the network’s capacity. The Merge deprecates the use of proof-of-work, transitioning to proof-of-stake for consensus, but does not significantly change any parameters that directly influence network capacity or throughput.” The Merge, which seeks to join the existing execution layer of the Ethereum mainnet with its new proof-of-stake…

Ukraine Bought Weapons, Drones With Crypto Donations

Ukraine’s government bought weapons, unmanned aerial vehicles (UAVs, better known as drones) and digital rifle scopes, besides non-lethal tools, with some of the $60 million in crypto donated after Russia invaded the European nation earlier this year, an official revealed in a new breakdown of expenditures. Source

Why Crypto Market Could See 65% Drop, Expert Says

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The crypto market has extended its losses over the past week, as it continues to gain downside momentum. Main cryptocurrencies in the top 10 by market cap are trading in the red with very few preserving some of their gains from last week. At the time of writing, the crypto total market cap stands at $1.09 trillion with a 2% loss in the 4-hour chart. The sector was rejected at the $1.2 trillion resistance and seems on track to slate more losses in the short term. Crypto total market cap…

Bitcoin y ether caen mientras analistas temen un ajuste monetario de la Fed para 2023

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La Fed elevó las tasas en 75 puntos básicos al rango de 2,25%-2,5% y abandonó la orientación a futuro, diciendo que los próximos movimientos dependerán de los datos. Desde entonces, los mercados han estado valorando aumentos de tasas más lentos y una eventual relajación de la liquidez en 2023, siguiendo la caída de los precios de las materias primas. Las expectativas moderadas se fortalecieron la semana pasada después de que EE. UU. reportara una inflación de precios al consumidor más suave de lo esperado para julio. Original

Learn Blockchain, Solidity, and Full Stack Web3 Development with JavaScript – 32-Hour Course

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Chainlink In Bearish Mood As LINK Price Retreats To $8.63

Chainlink (LINK) price is showing a bearish momentum as the market appears to be showing signs of fatigue. Chainlink price outlines bearish strides LINK/USD pair key support spotted at $8.54 Pair resistance seen at $9.26 The LINK/USD pair price slips on a downtrend as seen overnight which has been predictable overall. More so, the market also suffers a loss of 4.80% as seen in the past 24 hours and currently faces key resistance at $9.26. For now, LINK price appears to be extremely bearish with key support seen at $8.54.…