Day: October 27, 2022

Mining Cryptocurrency during the Bear market

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Exchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring Rallies Up to 20%

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Top US-based crypto exchange platform Coinbase is expanding its suite of digital assets by adding custody support for over a dozen of Ethereum (ETH)-based altcoins. Coinbase says it’s adding 14 new cryptocurrencies to the growing roster of virtual currencies in its Coinbase Custody cold storage trust. Coinbase Custody, which launched in July 2018, is a crypto custodial service for wealthy and blue-chip investors located in New York that’s designed to give traders a safe way to store large amounts of digital assets. The announcement had mixed results on the prices…

Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine – Mining Bitcoin News

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The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy crisis. The move is part of emergency measures to reduce power consumption with energy supplies dwindling due to the escalating conflict in neighboring Ukraine. Authorities in Moldova Prohibit Bitcoin Minting and Mining Hardware Imports to Save Power Cryptocurrency mining in Moldova has been targeted amid a deepening energy crisis as the winter approaches. The country’s government took steps this week to limit electricity consumption, including imposing a complete ban on…

Bitcoin Price Loses Steam At $20K, Earnings Plays Against Crypto

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The Bitcoin price is at risk of returning to its range below $19,500 if bulls fail to defend current levels. The cryptocurrency was trending higher after weeks of consolidation, leading to a spike in positive market sentiment, but optimistic participants might have been fast to proclaim more profits. At the time of writing, the Bitcoin price trades at $20,400 with a 2% loss in the last 24 hours and a 7% profit over the previous week. Other cryptocurrencies in the top 10 by market cap hint at weakness but preserve…

Dogecoin Price Surges, Technical Outlook Suggests Further Uptrend

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Dogecoin price has risen substantially over the past day. In that timeframe, the coin’s value had appreciated by double digits. Over the last week, Dogecoin price logged a 12% gain, proving that the coin has rallied recently. The coin has been one of the top gainers on the chart, along with Ethereum, as both coins secured double-digit gains. The meme-coin has secured a monthly high at this price level. Dogecoin price finally broke through their consolidation and passed through their resistance, converting it into a support line. The technical outlook…

Solana-based protocol seeking to decentralize ride-sharing raises $9M

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The ride-sharing industry is poised for another paradigm shift with Web3 protocols, allowing new companies and drivers to bid for rides using a matching algorithm, according to the Decentralized Engineering Cooperation (DEC) — the company behind the Solana-based protocol TRIP that enables mobility-based applications. According to DEC, on the TRIP ecosystem, companies and riders can collaborate and compete in a shared marketplace. The protocol also rewards the most active participants with stake in its governance for both drivers and customers. The first company to operate on TRIP is Teleport, a…

Axelar partners with Polygon to deliver cross-chain communication to Polygon Supernets

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Cross-chain platform Axelar has announced a partnership with Polygon to deliver secure cross-chain communications to Polygon Supernets. The company said that Axelar’s partnership with Polygon will serve as infrastructure for an interoperable internet of dedicated Ethereum Virtual Machine (EVM) blockchains powered by Polygon Edge.  Speaking with Cointelegraph, CEO and co-founder of Axelar Sergey Gorbunov shared that this partnership is important to the Web3 ecosystem because the industry needs to scale from thousands of developers to millions. According to Gorbunov: “Application-specific chains are critical infrastructure for that step, but they present…

Visa’s trademark applications suggest more involvement in crypto space

Major credit card company Visa may be planning to explore digital wallet services based on two recent trademark applications.  According to records submitted to the United States Patent and Trademark Office on Oct. 22, the Visa International Service Association filed two applications for its character mark to be used in software “to view, access, store, monitor, manage, trade, send, receive, transmit, and exchange” crypto assets and nonfungible tokens, or NFTs. The filings also suggested the credit card company may be exploring a move into the metaverse, with its namesake used…

Bitcoin Holding Steady Over $20K, Ether Is Flat, Dogecoin Soars

Bitcoin (BTC) drooped but was still trading comfortably over $20,000 as investors chewed over a surprising gain in the latest U.S. GDP report. The U.S. Commerce Department reported that gross domestic product rose 2.6% in the third quarter, instead of the projected 2.4% gain. The increase followed two consecutive declines that, according to traditional definitions, placed the economy in a recession and suggested the contraction would heighten. Central bankers have been trying to tame inflation without casting the economy into a steep recession. The latest GDP suggested their monetary hawkishness…

19/07/2022| Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 19/07/2022| Cryptocurrency news today Tamil | இன்றைய க்ரிப்டோ செய்திகள் | luna crypto news Tamil In this video we have the Cryptocurrency news today, we have shared all the latest crypto updates. Altcoin updates in Tamil, alt season news in Tamil, and also daily crypto news in Tamil Latest crypto news Tamil also crypto market news in Tamil and crypto coin news Tamil then crypto latest news Tamil and then Ada crypto news Tamil, Shiba Inu coin Tamil also Shiba Inu coin news…