Day: October 26, 2022

Avalanche Fires Back to $17; Can The Bulls Push More To $20 Instead?

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AVAXโ€™s price shows strength as it bounces from a downtrend with high volume, aiming for a rally to $20. AVAX faces a rejection to trend higher above $17 after the price fell sharply below key resistance. AVAXโ€™s price remains strong below the 50 Exponential Moving Average (EMA) as it attempts to rally past a key area. The price of Avalanche (AVAX) has remained strong as it approaches the $17 region, facing resistance to rising to the $20 region. The crypto market has appeared more stable this week, with Bitcoin (BTC)…

Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments โ€“ Bitcoin News

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Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and spend MATIC later this week, and the collectibles company Panini America will be Bitpayโ€™s first merchant to accept MATIC payments. Bitpay Reveals Polygon MATIC Support Bitpay announced on Wednesday that the crypto payments processing company now supports the Polygon (MATIC) protocol. Polygon is a proof-of-stake (PoS) layer two (L2) Ethereum scaling network that launched in October 2017. In…

How HBAR Is Performing In The Last Seven Days

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According to Messari, the performance of Hedera in the third quarter this year defied the prevailing market mood and is currently witnessing growth not seen on other protocols. DefiLlama claims that the protocolโ€™s TVL increased by an impressive 137%. For comparison, Hederaโ€™s quarterly network expansion occurred during a period when other networks were contracting. In addition to boosting the value of its native coin HBAR, this quarterly report also helped it do so in the past few days. As of this writing, HBAR is trading at $0.060236, down 3.7 percent…

Why is Bitcoin price up today?

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Bitcoin price is up today, and a market-wide rally in crypto prices suggests that BTC and Ether (ETH) could be aiming to wrap up the month of October in the black. As of October 26, 2022, most major cryptocurrencies are posting single-digit gains. Bitcoin recorded a 5.15% price increase within the last 24 hours and a 5.48% gain within the last 7 days. While the current price is fluctuating, BTC is holding above the psychologically important $20,000 level. The following chart shows the BTC rally since October 24, 2022. BTC…

UK police council reports there are officers in every unit trained for crypto enforcement

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The detective chief superintendent for the United Kingdomโ€™s National Police Chiefsโ€™ Council (NPCC), Andy Gould, has said all police forces in the country have officers trained for investigations involving the enforcement and seizure of cryptocurrencies. In an Oct. 25 parliamentary debate on the U.K. Economic Crime and Corporate Transparency Bill, Gouldย said that the countryโ€™s police force had the capability to address economic crimes involving crypto, but not the capacity. He reported that the authorities had used 100 million pounds โ€” roughly $116 million at the time of publication โ€” over…

Bitcoin llegรณ a US$21K tras nuevos datos de viviendas en EE. UU. y un Banco de Canadรก menos agresivo

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Los dos factores colaboraron para que bitcoin (BTC) continuara su modesto repunte de esta semana, situaciรณn en la que la principal criptomoneda por valor de mercado subiรณ 7,5% durante las รบltimas 24 horas y superรณ los US$21.000 por primera vez desde mitad de septiembre. Al momento de publicaciรณn, el precio habรญa bajado hasta US$20.790. Original

Why I'm Shorting The Ethereum Merge (as a millionaire)

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LBank Labs Invites Czhang to Join as Investment Group Member โ€“ Press release Bitcoin News

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press release PRESS RELEASE. Internet City, Dubai, Oct. 26, 2022 โ€” Crypto Investment Group, LBank Labs, welcomes new member Czhang to their investment committee team. With many successful investment cases under its belt, LBank Labs is excited to have new talent onboard and hopes to acquire more talented people into the rapidly growing investment institution. Since 2017, Czhang has pursued his career in tech innovation investment sectors. He was part of PreAngel Fundโ€™s Blockchain. In 2018, Czhang participated as a founding team, LP, and Partner for JRR Crypto and was…

Dormant Ethereum Whale Rouses As Crypto Market Sees A Revival

The crypto market has now seen a much-needed recovery after weeks of flat market prices. Most digital assets in the space are currently in the green and Ethereum is no different. The second-largest cryptocurrency by market cap is up by more than 14% in the last 24 hours, plunging more investors into profit. Just like everyone else, a dormant whale has roused from their sleep to benefit from the current market recovery. Ethereum Whale Wakes Up Through the recovery that has rocked the crypto market, none has been more interesting…

Vast majority of blockchain energy studies ‘lack scientific rigor’

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According to a new preprint conducted by researchers at the Open Universiteit, University of California Berkley, and Radboud University, the vast majority of literature on blockchain energy use from both academic and everyday sources “lacks the scientific rigor expected from a mature scientific field.” The report analyzed 128 scientific and open-source studies related to carbon emissions of blockchains such as Bitcoin. Researchers then found that an astonishing 34% of studies did not even possess an explicit research design. Meanwhile, 43% of studies did not share data, while 67% did not…