Day: September 7, 2022

Bitcoin: BUY EVERYTHING? Ist die Inflation VORBEI & BESIEGT?! | Crypto News

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Degens borrowing ETH to get fork tokens create headaches for DeFi platforms

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The growing number of speculators taking out Ether (ETH) loans to maximize their potential to earn forked Ether Proof-of-Work tokens (ETHPoW) has been causing headaches for decentralized finance protocols. The issue has been gaining traction over the past month or so, given that a significant number of Ether miners are expected to continue working on a forked PoW chain, or possibly even multiple chains post the long awaited Merge. In the event of a fork, on-chain ETH hodlers such as those using non-custodial wallets or those holding on exchanges that…

Ethereum Nosedives, Why $1,500 Is The Key For More Losses

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Ethereum failed to test $1,700 and started a major decline against the US Dollar. ETH declined over 7% and there was a move below the $1,540 support. Ethereum started a major decline below the $1,600 and $1,540 support levels. The price is now trading below $1,600 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $1,570 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $1,500 support to avoid more losses in…

Shiba Inu Enjoys 8% Spike In Price In Last 7 Days, As SHIB Social Media Interaction Soars

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Over the past week, Shiba Inu (SHIB) surged by 8%. In fact, even though the bearish market prevails, Shiba Inu is still performing at its peak. SHIB’s social metrics up by 1.43% Despite Shiba Inu’s social dominance, ROI is down SHIB whales on a shopping frenzy Social media chatter provides that much needed oomph for Shiba Inu (SHIB), triggering a pump in prices. The amplified whale interest plus metaverse updates certainly gave SHIB that push. The increased hype around SHIB could be because of the Whalestats announcement via a tweet…

TREND WILL FLIP WHEN THIS HAPPENS (soon)!! Bitcoin News Today, Ethereum Price Prediction (BTC & ETH)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io TREND WILL FLIP WHEN THIS HAPPENS (soon)!! Bitcoin News Today, Ethereum Price Prediction (BTC & ETH) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Prediction and my next Bitcoin Price Prediction! Make sure to watch the WHOLE video so you don’t miss out on this valuable information & leave a LIKE and SUBSCRIBE for more videos like this! 💰 Learn Technical Analysis Here 👉 👈 🤑 FREE $1,000 USDT AIRDROP 👉 👈 ► I trade…

Bitcoin Dominance Reaches All-Time Lows As The Merge Nears

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The mythical merge is almost here. Ethereum’s transition from Proof-Of-Work to Proof-Of-Stake is the most talked about event in crypto at the moment, and money is flowing to that blockchain. That, in turn, translated into a decrease in bitcoin dominance. That metric measures the percentage of the whole crypto market that bitcoin represents, and it’s currently “down at levels not seen since 2018.” Which makes sense. Because the merge is almost here and everyone placed their bets. According to Arcane Research’s The Weekly Update, “the all-time low occurred during the…

Riot Blockchain Exec on Bitcoin Mining in Texas, Energy Outlook

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin miners in Texas are halting operations as the state’s power grid nears its breaking point amid an intense heat wave. Riot Blockchain Vice President of Capital Markets Philip McPherson discusses the power crisis in Texas and what this means for Riot and the wider mining community. Plus, advice for surviving crypto winter. #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: Site: Twitter: LinkedIn: Instagram: Facebook: Newsletters: CoinDesk Podcast Network: Markets Daily Crypto Roundup: CoinDesk is the leading digital media,…

HIVE Blockchain Exploring GPU Mineable Coins Ahead of Ethereum Merge

Crypto mining firm HIVE Blockchain acknowledged the potential Ethereum “Merge” to the Proof of Stake mechanism on Tuesday in an update on its mining production for the month of August. According to the current projections from the Ethereum Foundation (a non-profit organization dedicated to supporting Ethereum and related technologies), Ethereum’s new consensus layer will upgrade to Bellatrix on September 6, 2022, with estimates that the merge to Proof of Stake system will happen between September 10 and September 20, 2022. Speaking about the upcoming Ethereum merge, Vancouver-based HIVE said it has already started…

Bitcoin Price Breakdown Looks Real, Why BTC Could Dive To $18K

Bitcoin broke the key $19,500 support against the US Dollar. BTC is showing bearish signs and remains at a risk of a move towards the $18,000 level. Bitcoin failed to start a fresh increase and declined below the $19,500 support. The price is now trading below the $19,000 level and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $19,420 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher, but upsides might be limited…

Crypto News Today: Terra Luna Cryptocurrency Market Crash | Terra Luna Price Latest News | Shiba Inu

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Terra Luna Coin Market Crash News: India में Cryptocurrency Tax के बाद Crypto Market Crash ने Cryptocurrency Investors को बड़ी मुश्किल में डाल दिया है. Terra Luna Coin की Value लगभग जीरो हो गई है. लोग अब Terra Luna Coin Price Prediction के भरोसे बैठे हुए हैं. Best Crypto Coins जैसे Bitcoin, Ethereum Solana, Shiba Inu Coin की Value भी गिर गई है. इससे पहले, पिछले महीने से सभी Crypto Exchanges (WazirX, CoinSwitch Kuber, Coin DCX, ZebPay, Unocoin) पर Crypto Tax…