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Day: October 3, 2022
Bitcoin Sees Bullish Opening, Can BTC Reclaim $20,000 Region?
The Bitcoin price has been able to hold its ground over the weekend, and it’s hinting at a potential bullish week for the nascent asset class. The cryptocurrency has been stuck in a tight range for the past month, unable to reclaim and flip the area north of $20,000 back to support. At the time of writing, Bitcoin (BTC) trades at $19,400 with a 2% profit in the last 24 hours and a 3% profit over the past week. In the crypto top 10, most cryptocurrencies are trading sideways or…
Bitcoin Miner Merkle Increases Hashrate by 900% in 8 Months
The crypto winter has clearly been rough for miners, who have seen profit margins shrink as bitcoin prices plunged more than 50% this year, while power prices soared and capital dried up. However, some miners, such as Merkle, have continued to build up their facilities during the bear market to solidify their position when the market eventually turns. Original
UK Shuts Down Temporary Crypto Company Licensing Program
The time it takes to register a firm depends on the quality of the information provided to the Financial Conduct Authority, the regulator told CoinDesk. Source
Transit Swap Exploiter Returns Large Chunk of $28.9M Hack
“At present, the security companies and project teams of all parties are still continuing to track the hacking incident and communicate with the hacker through email and on-chain methods,” Transit Swap wrote on Twitter. “The team will continue to work hard to recover more assets.” Source
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Ethereum Sees Surge In Number Of New Addresses – Will ETH Shine This October?
The Ethereum Merge upgrade is expected to haul in more new users on the network which happens to be true with the surge of new active wallet addresses on the platform. Ethereum’s new active wallet addresses climb to a new ATH of 3,001.804 ETH seen to spike in terms of social media engagements and mentions ETH price up by 0.46% as of press time According to a Twitter post by Glassnode shared on October 2, the number of new active wallet addresses on the Ethereum network recently climbed to a…
Why get into the NFT world with a marketplace selected by Rating?
Before you select an NFT marketplace, you should ask what kind of digital quality you would like to buy, sell, or produce. Artwork, video games, collectibles, and many other things may be monetized digitally on blockchains like Ethereum because it is the foremost common blockchain network for NFT creation. Also, it’s necessary to seek out what security issues exist in the market and whether they have ever been hacked. 10 best NFT marketplaces know how you can get started with NFTs right now! OpenSea The Axie Marketplace Larva Labs…
Los exchange cripto descentralizados están ganando parte del mercado de sus pares centralizados, según Citi
Citi dice que los DEX son responsables del 18,2% del volumen de operaciones al contado, y señala que los volúmenes se han mantenido resistentes en más de US$50 mil millones al mes, con ingresos totales de US$3,6 mil millones en el último año. Uniswap continúa dominando, representando alrededor del 70 % del volumen total de DEX, y podría distribuir hastaUS$250 millones a los poseedores de tokens si se aprueba una propuesta de gobernanza reciente. “Esto podría marcar un giro clave para un DEX fundamental dentro del espacio DeFi”, dijo el…
Crypto Venture-Capital Firm Paradigm Leads $14M Funding Round for DeFi Platform Exponential
“Investing in DeFi is a labyrinthian hellscape that even the most devoted crypto evangelist can get lost in,” Exponential co-founders Driss Benamour, Mehdi Lebbar and Greg Jizmagian wrote in a post announcing the funding. “Finding legitimate projects, executing trades, moving funds across chains, tracking performance and filing taxes is more than enough to scare off most investors.” Source