Day: September 26, 2022

ALTCOIN & BITCOIN HOLDERS: THIS CHANGES EVERYTHING

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More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo – Regulation Bitcoin News

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Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Interest Product (EIP) may be in violation of securities laws. Nexo Targeted by Several Securities Regulators Over the Crypto Lender’s Earn Interest Product Following the issues that took place last year against Celsius’ and Blockfi’s interest-bearing accounts, the crypto lender Nexo has been targeted by several state securities regulators concerning the company’s Earn Interest Product (EIP). The state…

Bitcoin vs. Altcoins: Better Investment?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What is the better investment, Bitcoin or Altcoins? In this video we will discuss the positives and negatives when investing in Bitcoin vs. Altcoins, historical movement of altcoins, risks, and long term vs short term investing in crypto. Can You Time The Top Of The Crypto Market? (NO) – —————————————————————— 🔥Open a Roth IRA to Grow Your Crypto TAX-FREE🔥 NO MORE MONTHLY FEES!! Get $100 in Bitcoin For Free! Link: 🔒Keep Your Crypto Safe With Ledger Nano🔒 Link: 🇺🇸Crypto Taxes STRESS-FREE With…

FTX, Binance and CrossTower are competing to buy Voyager Digital assets: Source

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Cryptocurrency exchanges FTX, Binance and CrossTower are competing to acquire beleaguered crypto lender Voyager Digital’s assets out of bankruptcy, according to insider sources.  According to details published by former investment banker and angel investor Simon Dixon, the three exchanges are competing in an auction to acquire Voyager Digital, and have each proposed their own terms and conditions for the acquisition. The details, which were also posted to Reddit, suggested that FTX and Binance have each proposed roughly $50 million in cash for Voyager’s assets, though Binance’s dollar amount is higher.…

Avalanche Struggle To Break Downtrend, Is $20 Mark Possible?

AVAX price ranges below 50 and 200 EMA on the daily timeframe.  Price continues to maintain a downtrend as it aims to break out to the $20 range. AVAX price closes attempting to break out of its downtrend on low timeframe.  Avalanche (AVAX) price has failed to sustain its head high above the blood bath of the bear market against tether (USDT). With what proved to be a major run for the price of Avalanche (AVAX) from a low of $10 to a high of $145, many predicted the AVAX…

Innovation will drive NFT adoption despite mainstream presence: NFTGo founder

The presence of big players in the nonfungible tokens market might evangelize newbies, but they do not lead to mass adoption or innovation, claimed Tony Ling, co-founder of NFTGo in a conversation with Cryptox. Major developments, such as Adobe’s acquisition of Figma, would potentially impact creators per the combination of both the companies’ features. Adobe, for example, owns Behance, a creative showcase platform that allows users to connect crypto wallets and NFTs to their profiles, while Figma provides kits for NFT creators. The mainstream presence in the space, however, isn’t…

The path moving forward for ex-Ethereum miners remains unclear

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It’s been nearly two weeks since Ethereum made its historic transition from proof-of-work to proof-of-stake, and some ex-ETH miners say they remain clueless on how to move forward.  Following the Merge, many took to crypto Twitter to discuss what they believe will happen to these former Ethereum miners. On the day of the merge, Twitter user hashoveride tweeted: GPU #mining is dead less than 24 hours after the #merge. Here are the three largest #GPU chains and current daily profitability with a 3090 GPU and 6 us¢/kwh#ETC -7 ¢#XMR -37…

Acala Network to resume operations after burning 2.7B in aUSD stablecoin

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After the mining failure involving its stablecoin aUSD, the Acala Network announced on Monday that it had resumed its operations following a referendum allowing LPs to withdraw liquidity from pools or unstake LP tokens. The community referendum for Stage 1 of resuming Acala operations has passed and been executed. LPs who choose to unstake LP tokens or withdraw liquidity on Acala now have the option to do so. https://t.co/yzvOz7zwxT — Acala (@AcalaNetwork) September 26, 2022 In August, a misconfiguration of the iBTC/aUSD liquidity pool led to a 3.022 billion aUSD…

Bitcoin Mining with $4,500 S19 Hydro ASIC Miner – Is it worth the Money?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hello, friends! In this video let’s talk about bitcoin mining with the Antminer S19 Hydro, and ask if it is worth the money at all in 2022! This is an expensive asic mining rig, but also is more powerful than some other asic mining rigs like the antminer s19 standard and the antminer s17 pro. Is this performance worth the money for bitcoin mining, or is this expensive asic mining rig not worthwhile? Too expensive to even consider? Let’s take a look!…