Day: August 18, 2022

Ethereum Price Slides As Staked Token Reaches New ATH Ahead Of Hyped Merge

boss

Despite changes in the asset’s price, Ethereum is steadily adding to the ETH 2.0 staking contract. According to the development team, this occurs about a month before the Merge is scheduled to occur. Ethereum Staked Token Hit New ATH According to Dune Analytics data, more over 13.2 million ETH have been deposited to the staking contract, however there are only about 80,000 unique depositors. ETH Staked on ETH 2.0 Contract. Source: Delphi Digital The graph above shows how ETH’s amount locked in the staking contract has gradually increased and reached…

The future of bitcoin mining in the U.S with Riot Blockchain CEO

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #bitcoin #bitcoinmining #YahooFinance Riot Blockchain CEO Jason Les joins Yahoo Finance Live to discuss the demand for bitcoin mining in the U.S., energy usage, and the outlook for cryptocurrency.Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription…

New Galaxy Fund on Path to Raise $100 Million by Year-End

The fund opened with just internal capital during what may end up being the depths of the bear market in the second quarter. The timing could turn out to be propitious, giving the fund the opportunity to put together an early record of outperformance, Portfolio Manager Chris Rhine and Global Head of Asset Management Steve Kurz, told CryptoX. Source FundGalaxyMillionpathRaiseYearEnd CryptoX Portal

Protocolo blockchain Algorand lidera ronda de inversión de $22M en compañía de tokenización Koibanx

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

New Galaxy Fund on Path to Raise $100 Million by Year End

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction

boss

After an impressive 73% rally between July 13 and Aug. 13, Avalanche (AVAX) has faced a 16% rejection from the $30.30 resistance level. Some analysts will try to pin the correction as a “technical adjustment,” but the network’s deposits and decentralized applications reflect worsening conditions. Avalanche (AVAX) index, USD. Source: TradingView To date, Avalanche remains 83% below its November 2021 all-time high at $148. More data than technical analysis can be analyzed to explain the 16% price drop, so let’s take a look at the network’s use in terms of…

Bitcoin Tumbles As Fed Opts For Restrictive Rates

boss

The price trend for Bitcoin seems to be moving with the set rates of the US Federal Reserve. BTC plunged shortly after the Federal Reserve’s July meeting. However, from the minutes released on Wednesday, August 17, policymakers had discussed more interest rate hikes to fight inflation. They deliberated on the need for checkmate borrowing costs by increasing rates which could restrict the country’s economic growth. By that, they could have the required time and influence in controlling potential inflation. It’s not surprising to see the recent performance of cryptocurrency following…

Kraken CEO Jesse Powell Says Crypto Exchange Will Be Forced To Freeze Funds Coming From Tornado Cash

boss

Kraken CEO Jesse Powell says that the US government’s decision to sanction Tornado Cash leaves the crypto exchange with no option but to block funds coming in from the coin mixing service.  Earlier this month, the U.S. Treasury Department banned Americans from using of Tornado Cash, citing national security concerns as the agency claims the protocol has been used to launder $7 billion worth of crypto assets since 2019.  In a new interview with Bloomberg, the head of the crypto exchange says that there are still a lot of people…

TA- Binance Coin Price Fails To Break $337, Have Bulls Given Up?

boss

The price of Binance Coin (BNB) has struggled to break above $337 against Tether (USDT) after being rejected from that region.   Binance Coin price in the past few weeks outperformed the price of Bitcoin (BTC) but has not been able to match the strength it has shown earlier to break above this resistance and trend higher.  Binance Coin (BNB) Price Analysis On The Weekly Chart Weekly BNB Price Chart | Source On Tradingview.com From the chart, the price of BNB saw a weekly low of $209, which bounced from that…

GPU Mining is going to change FOREVER

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Let’s have a conversation about the current state of GPU mining and also moving forward when Ethereum becomes unmineable. 🎁 Nexo: Sign up and fund at least $100 in assets and maintain the USD value for 30 days in your account, you and I will earn earn $25 worth of bitcoin. 🎁 BlockFi: Sign up and fund $100 worth of crypto or more into your BlockFi Interest Account (BIA), you and I will each earn $10 worth of bitcoin. Reward is usually…