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Month: August 2022
Coinbase says it will 'evaluate any potential forks' following the Merge
“Should an ETH PoW fork arise following The Merge, this asset will be reviewed with the same rigor as any other asset that is listed on our exchange,” said Coinbase. Cryptocurrency exchange Coinbase has updated its information related to Ethereum transitioning to proof-of-stake to include forks that could arise. In a Thursday update to an Aug. 16 blog post, Coinbase said it would evaluate any potential forks in the Ethereum blockchain on a “case by case basis.” The crypto exchange previously said it planned to ‘briefly pause’ Ether (ETH) and…
Coinbase says it will ‘evaluate any potential forks’ following the Merge
Cryptocurrency exchange Coinbase has updated its information related to Ethereum transitioning to proof-of-stake to include forks that could arise. In a Thursday update to an Aug. 16 blog post, Coinbase said it would evaluate any potential forks in the Ethereum blockchain on a “case by case basis.” The crypto exchange previously said it planned to ‘briefly pause’ Ether (ETH) and ERC-20 token deposits and withdrawals during the Merge, expected to occur between Sept. 10 and 20. “Should an ETH PoW fork arise following The Merge, this asset will be reviewed…
Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy
“We expect a 75 basis point rate hike in September, and do not expect there to be a drastic effect on the markets should that come to pass, followed by successive rate hikes until inflation is reined in and the unemployment rate returns to a healthier number,” Josh Olszewicz, head of research at digital asset fund manager Valkyrie Investments, wrote in an email immediately after the speech. Source
How Do I POWER My Crypto Mining Basement?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How Do I Power My GPU Mining Rigs In The Garage? Tripp Lite Metered 240v 30a PDU: C13-C14 Cables From INFINITE Cables: NerdGearz.com 240v 30a PDU: AC Display Meter 80-300v 100a: Tripp Lite Heavy Duty Extension I Use: Leviton 30a 250v L6-30R Outlet – Red Panda Mining MERCH! Subscribe to my 2nd Youtube Channel! Join Red Panda Mining’s Discord Channel! – Send Your Mining Rig Pics in Discord to be featured in upcoming Community Mining Rigs Episodes/Live Streams! My TRUSTED Crypto Mining…
Polygon Price Holds Amidst Bloody Day, Can Price Hold Above $0.60?
The price of Polygon (MATIC) has shown great strength in the past few weeks against Tether as it maintained its bullish sentiment. Despite the retracement across the crypto market, Polygon has shown great strength holding above $0.75 compared to other crypto assets that have lost their key support. (Data from Binance) Polygon (MATIC) Price Analysis On The Weekly Chart Weekly MATIC Price Chart | Source: MATICUSDT On Tradingview.com From the chart, the price of MATIC saw its weekly low at $0.75; the price of MATIC bounced from that region to…
The Merge May Negatively Impact DeFi Protocols, Stablecoins: Report
“If the Merge fails to successfully be launched, we will have delays on DeFi protocols that will affect stablecoins,” Herrera told CoinDesk. “But from the supply dynamics perspective, this can also take a toll on how stablecoins will be used for liquidity pools, in the DeFi space and beyond.” Source
China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk – Bitcoin News
China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during the first half of 2022. China’s fiat currency is currently the weakest it has been against the U.S. dollar in roughly two years. Amid the depreciating yuan, China is suffering from a significant real estate crisis as the overextended Chinese housing sector has been collapsing. China’s Yuan Slides to a 2-Year Low Against the US Dollar, PBOC Slashes Rates to Bolster Liquidity The global economy…
Ether May Continue to Lose Momentum Until Merge Is Completed, BofA Says
Ether’s (ETH) price jump from mid-July until mid-August may continue to fade as investors seek to better understand the implications of The Merge, Ethereum’s tech upgrade that will transform it to a proof-of-stake network, along with future blockchain upgrades, Bank of America said in a note Friday. Source
Crypto Market Update | Russian Liquidating Portfolio | Cryptocurrency
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Cryptocurrency #Crypto #Updates What is happening in market, and what is Russian liquidating their portfolio in Dubai. Article: shorturl.at/bmyV0 Exchanges I Use: MEXC Global – Huobi Global – Binance – Disclaimer – All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one personal’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. Also don’t forget to Subscribe to the Channel ▶…