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Day: October 4, 2022
PUMLx Launches on ByBit, KuCoin, Gate.io, BullPerks, and GamesPad to take Move to Earn to the Next Level
PUML Better Health announced today that they will be launching on Bybit, KuCoin, Gate.io, BullPerks, and GamesPad for their TGE of PUMLx. PUMLx is the utility token of the PUML Better Health platform and will start spot trading on the 7th of October 2022 at 12 pm UTC time. ByBit will be offering a LaunchPad – Bybit Announcement | PUMLX on BybitKuCoin will be offering a Burning Drop – PUMLx (PUMLX) Is Available on BurningDropGate.io will be launching PUMLx as a Startup – PUMLx-Startup-Gate.ioBullPerks will be offering an IDO…
Bitcoin price sees first October spike above $20K as daily gains hit 5%
Bitcoin (BTC) saw its first trip above $20,000 on Oct. 4 as traders expected familiar resistance to cap gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Multi-week dollar lows fuel Bitcoin bulls Data from Cointelegraph Markets Pro and TradingView showed BTC/United States dollar climbing prior to the Wall Street open, up over 5% in 24 hours. The pair had shaken off macroeconomic concerns at the start of the week, with trouble at Credit Suisse and the escalating Russia-Ukraine conflict failing to slow performance. Now, the short-term analysis focused on a…
Cosmos Looks Promising As Price Rally, Can Price Breach $14?
ATOM price breaks downtrend as price gears up for a short-term recovery creating more bullish sentiment. ATOM looks strong on the low timeframe. The price of ATOM breaks and holds above 8 and 20 EMA. Cosmos (ATOM) showed so much strength as price trends for days, with many becoming interested as to why Cosmos (ATOM) trends against tether (USDT) in such market conditions. With the price of Bitcoin (BTC) showing some great momentum, we could see the price of altcoins, including ATOM, move easily as it eyes a rally to…
MKR Continues Its Positive Moves, Neglecting Market Trend
Despite the general bearish trend in the cryptocurrency market at the moment, the Maker token continues to thrive. Maker is currently trading at $811.28 today. It represents an increase of up to 5.72% in the last day. Despite positive moves in the last 24 hours, the current market sentiment is bearish and expected to persist until mid-October 2022. Related Reading: Is Bitcoin ‘Uptober’ About To Begin? | BTCUSD Analysis October 3, 2022 The trading volume of MKR today stands at $47.47 million. It also currently ranks at number 55 on…
Bitcoin Gains Momentum on Fed Pivot Narrative, But Some Banks Anticipate Dollar Rebound
Bitcoin buyers stepped in on Monday after the U.S. Institute of Supply Management (ISM) said its manufacturing purchasing managers’ index (PMI) dropped to 50.9 in September, the lowest reading since May 2020, from 52.8 in August. Notably, the index’s new orders and employment measures contracted, strengthening the case for the Fed pivot. Source
Argentine Oil Subsidiary YPF Luz Powering Bitcoin Mining Activities With Residual Gas – Mining Bitcoin News
YPF Luz, a subsidiary of the Argentine state oil company YPF, is currently piloting a project to power bitcoin mining operations with residual gas. The initiative, which is currently being tested in Vaca Muerta, one of the biggest oil fields in the country, seeks to take advantage of this byproduct from the initial stages of oil well drilling. Argentine Company YPF Luz Takes Bitcoin Mining to the Oil Wells Cryptocurrency miners are always looking for new forms of getting cheap and convenient power sources to run mining operations.…
Retiro de GoArbit a Coinbase
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Bitcoin price plummets while miner hash rate soars to all-time highs
Bitcoin miners can’t stop, won’t stop. The Bitcoin (BTC) hash rate continues to surge to new all-time highs, despite a heavy price drawdown. The Bitcoin mining hash rate peaked at 258 exahashes per second (EH/s) on Oct. 4, according to Braiins Insights, a mining data tools and metrics company. Although the Bitcoin price is down 58% year-to-date against the dollar, the mining hash rate is up 43%. The past 3 months Hashrate. Source: Braiins. Bitcoin Gandalf from the marketing team at Braiins told Cointelegraph that “The hash rate hitting another…
New episode of Do Kwon saga
Terra co-founder Do Kwon, wanted by South Korean authorities, seems to live in a digital-era James Bond movie. The businessman, whose whereabouts are currently unknown, reacted via Twitter to Interpol issuing a Red Notice on him. Kwon told his followers that he calmly writes code in his living room, “making zero effort to hide.” Active on social media while facing potential arrest and prosecution in South Korea, Kwon showed his location as Singapore on his Twitter account at the time of publication. Meanwhile, South Korean authorities have requested crypto exchange…