Month: August 2022

CRYPTO MARKET UPDATE | Latest on Crypto NEWS | CRYPTOCURRENCY | COINBASE NEWS

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #CRYPTOCURRENCY #Crypto #Bitcoin Let’s find out what is going around in Crypto Market today, what is happening in Ethereum, Cardao ADA, Polygon MATIC and other updates on different Cryptocurrencies. WARNING – We will never leave share our whatsapp number on your comment, nor will contact your from any social media account (Our only Social Media Account links are given below), we never ask for any money or any crypto from you. PLEASE BEWARE OF SCAMMERS. Telegram Channel – ************************************************************************************ Exchanges I Use:…

Ether creates history as key metric in ETH options exceeds Bitcoin by 32%

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Ether (ETH) has taken over Bitcoin (BTC) in the options market for the first time in history as the open interest (OI) of Deribit Ether options, with a value of $5.6 billion, exceeded the OI of Bitcoin options worth $4.6 billion by 32%. OI is calculated by adding all the contracts from opened trades and subtracting the contracts when a trade is closed. It is used as an indicator to determine market sentiment and the strength behind price trends. Deribit is the world’s biggest BTC and ETH options exchange, accounting…

Play-to-Earn Gaming Sweeps the Crypto Space

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Play-to-Earn games have gained tremendous popularity in recent years. The gaming community got hooked to it primarily due to the thrill associated with the games and the lucrative awards. If you look at the recent figures, some of the popular titles have more than 1 million active users. Every game, genre, niche, and the whole Play-to-Earn gaming space has a community around it, with members actively interacting and, in some cases, promoting the game on various social media platforms. Word-of-mouth promotion seemed to have worked well for these. What are…

Meet the Crypto and NFT Projects Making a Social Impact

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At ETH Barcelona on July 6-8, there was the usual mix of geeks, coders, hardcore ethereans, and project founders. With market conditions having flushed out the moonboys and influencers, however, there was a distinct absence of shillers. Its slogan “What happens in Barcelona stays on the blockchain” captured the nerdiness of the event, whose focus was very much on building. In place of the frothiness that characterizes many crypto conferences, there was an egalitarian ethos: an exploration of how blockchain “can help build a sustainable world full of human potential.”…

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Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existence – Bitcoin News

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According to Chandler Guo, an influential Chinese bitcoin miner, a proof-of-work (PoW) version of Ethereum is “coming soon.” The news comes as The Merge is expected to be implemented on Ethereum during the week of September 19, and the growing discussions of delaying the highly anticipated proof-of-stake (PoS) transition. Chinese Miner Chandler Guo Says ‘Ethereum PoW’ Is Coming Soon Chandler Guo has stated that an Ethereum proof-of-work (PoW) version will be “coming soon” ahead of The Merge that’s been penciled-in for the week of September 19. Guo is a known…

Bitcoin, Ether Slump as Pelosi’s Taiwan Trip Weakens Risk Sentiment

“Our short-term [bitcoin] indicators are mixed, but a greater loss of short-term momentum would support a retest of support (~$18,300-$19,500), below which secondary support is near $13,900,” Katie Stockton, a chartered market technician and founder and managing partner of Fairlead Strategies, wrote in a weekly analysis published Monday. “Intermediate- and long-term momentum indicators are still pointing lower, increasing risk of another significant downdraft in the months ahead.” Source

Mining for 100 Days in Minecraft

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this Minecraft episode on the Hermitcraft Season 7 server, Mumbo mines for 100 days in Minecraft. My shops on Hermitcraft 7 have not done well, and I have spent all my minecraft diamonds from my last Minecraft mining session ‘Mining for 12 hours in minecraft’, so I thought it was high time to another Minecraft mining Hermitcraft 7 episode. 100 Minecraft days is the equivalent of around 18-20 hours including sleep, so Mining for 100 days in Minecraft was pretty hardcore,…

European Central Bank bets on CBDCs over BTC for cross-border payments

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A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned central bank digital currencies (CBDCs) as the winner against competitors, including banking, Bitcoin (BTC) and stablecoins, among others. ECB’s interest in identifying the best cross-border payment solution stems from the fact that it serves as the central bank of the 19 European Union countries which have adopted the euro. The study, “Towards The Holy Grail of Cross-border Payments,” referred to Bitcoin as the most prominent unbacked crypto asset. EBC’s opinion of Bitcoin as…