Month: August 2022

3 cryptocurrencies that stand to outperform ETH price thanks to Ethereum’s Merge

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After years of waiting, Ethereum is finally prepared to become a full-fledged proof-of-stake (PoS) blockchain. Besides Ethereum’s native token Ether (ETH),ย the valuation of several other tokens have not only benefited greatly, but could also keep outperforming ETH after the Merge.ย  Ethereum steps closerย  toward the Merge The leading smart contract platform completed the last of its three public testnets dubbed “Goerli,” on Aug. 11. Therefore, there should be no delays in Ethereum’s “Merge,” expected to go live on Sep. 19. Ether price jumped 5% to approximately $1,950, its highest level…

ASIC chair troubled by sheer amount of โ€˜risk-takingโ€™ crypto investors

The chief of Australiaโ€™s financial services regulator Joe Longo has raised the alarm over the sheer amount of people that invested in โ€œunregulated, volatileโ€ crypto assets during the pandemic.ย  Longo, chairman of the Australian Securities and Investments Commission (ASIC) made the comments in an Aug. 11 media releaseย for its research conducted in November 2021, which looked into investment behavior following the onset of t COVID-19 pandemic, stating:ย  โ€œWe are concerned about the number of people surveyed who reported investing in unregulated, volatile crypto-asset productsโ€ The survey found that crypto was…

Blockchain-Based Web 3.0 Platform Breaks Down Barriers for Creators

Everybody is talking about Web 3.0, but few can explain why it is so important for the digital economy of the future. Letโ€™s dig into this matter using the content creator market as a case study. Currently, most content creators are trapped in Web 2.0 platforms that store their data on their own central servers. Consequently, these platforms essentially control this content and can arbitrarily decide whether to remove or demonetize it or block its creator completely. Furthermore, their search algorithms decide which content will be proposed to potential viewers,…

How Web 3.0 Revolutionizes Approach to the Creator Economy

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More than 50 million people worldwide consider themselves to be creators of some kind of content. The content creator economy is a fast-evolving market niche that is experiencing exponential growth. Its current size is estimated to be a little over $100 billion, showing an 8-fold increase year-on-year. This new economic sector requires new approaches and instruments, as large corporate platforms exercise great power over the creatorsโ€™ content, and personal websites and blogs have limited reach. The problem with Web 2.0 In the current state of the Internet, known as Web…

Coinbase stock surges amid crypto expansion deal with BlackRock, Meta rolls out NFT feature

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io #coinbase #nft #crypto Yahoo Finance reporter Jennifer Schonberger joins the Live show to detail BlackRock’s move to connect clients with crypto trading access and Meta opting to support Coinbase digital wallets on its apps. 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.…

Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022 โ€“ Mining Bitcoin News

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This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with โ€œthe paceโ€ of the bitcoin mining companyโ€™s U.S. expansion. Genesis Digital Assets U.S. Expansion Gathers 708 MW of Power On Wednesday, Genesis Digital Assets revealed it has acquired 708 MW of capacity as the firmโ€™s U.S. expansion continues. Presently, Genesis mines bitcoin in…

BTC mining stocks double in a month as production ramps

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Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining profitability, and sharp increases in BTC production. Crypto mining companies Marathon Digital Holdings (124.12%), Core Scientific (110.39%), Hut 8 (98.95%), and Riot Blockchain (96.69%) have seen their stock prices rocketing upwards over the last 30-days, according to data from Yahoo Finance โ€” significantly outperforming Bitcoin (BTC) (18.0%) and Ether (ETH) (67.8%) asset prices. In a Q2 results filing on Aug. 11, Core Scientific reported a staggering…

A Beginner's Guide to Cryptocurrency 1080p #technologyfullshow #technology

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io A Beginner’s Guide to Cryptocurrency 1080p #technologyfullshow #cryptocurrency This is the ULTIMATE Guide on how to get started in cryptocurrency investing for beginners. “Technology’ Full Show” If you enjoyed consider please like and subscribe it, it helps grow our channel. ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅPlease Like and Subscribe My Channel๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅPlease Visit Our Website ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ ” MUST WATCH VIDEOS ” 1) Computer Vision in Todays World 2022 The Vision of Computer in The world of Technology 2) ‘Elon Musk’s Next Big Product Tesla Energy’ Musk’s ||…

Bitcoin Price Tops Near $25K, Why Dips Might Be Limited

Bitcoin traded close to $25,000 before it corrected lower against the US Dollar. BTC must stay above the $23,500 support to start another increase. Bitcoin started a fresh increase above the $24,000 resistance zone. The price is now trading above the $23,600 level and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $24,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now approaching a major support zone near $23,600 and $23,500. Bitcoin…

Bitcoin is Entering One of The Worst Months for Crypto Traders (Data Analysis)

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