Author: hotcrypto
BUY BIG EYES COIN NOW! DeFi solutions like Automated Market Makers, Liquid staking, Protocol tokens & Stablecoins, Vaults, Oracles, and Launchpad will significantly improve finance. This is further proven as the Big Eyes Coin (BIG) has declared the goal of transferring resources from centralised networks into DeFi. With the Ethereum merge, the Proof-of-Work (PoW) consensus mechanism will give way to the network’s proof-of-Stake (PoS) consensus mechanism. Proof-of-Work is a consensus mechanism that requires mining hardware to operate, which is often energy-intensive. The Proof-of-Stake mechanism uses a unique tool that allows validators to run staking nodes and propose blocks. The Beacon…
Bulls are trying to return to the game as the rates of almost all coins are rising. BTC/USD Bitcoin (BTC) is rising today, going up by 0.65%. Even though the rate of Bitcoin (BTC) is below $20,415, the price has made a false breakout of the support level at $19,500. At the moment, neither bulls nor bears are controlling the situation as more time is needed for them to accumulate power for a sharp move. Thus, the CME gap was closed at the $19,575 mark, which can be an obstacle for a rise. Bitcoin is trading at $19,882 at press time. LINK/USD…
The Cardano Foundation is teaming up with Georgia’s National Wine Agency and other partners to use blockchain technology in an effort to track the quality and authenticity of wine produced by the eastern European country. The partnership, which also includes the Bolnisi Winemakers Association and Scantrust, intends to use the Cardano (ADA) blockchain to bolster Georgia’s global wine production reputation. According to the Cardano Foundation, a pilot program that targets both export and local markets will be launched in Georgia’s Bolnisi region. The program will include as many as 100,000 bottles of wine that will have a special label with…
Bitcoin Cash (BCH) gets a neutral rating from InvestorsObserver Saturday. The Digital Money asset is up 2.31% to $122.24 while the broader crypto market is up 2.01%. Bitcoin Cash has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Bitcoin Cash! Neutral Over the last five days, Bitcoin Cash has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Bitcoin Cash over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s recent performance.…
U.S. President Joe Biden ordered federal agencies in March to analyze the crypto industry in order to design better regulations protecting users. After six months of Biden’s order, the government authorities issued reports covering recommendations for the crypto regulatory framework needed to drive transparency and prevent illicit activities. The cryptocurrency reports published on Thursday faced criticism from a few crypto companies that it lacks clarity through some corners of the crypto ecosystem. Contrary to these claims, the CEO of the world’s leading blockchain crypto exchange, Changpeng Zhao, also known as C.Z., praised the first ever government papers on crypto regulation…
The floppening? Ethereum price weakens post-Merge, risking 55% drop against Bitcoin ‘s native token Ether (ETH) has been forming an inverse-cup-and-handle pattern since May 2021 on the weekly chart, which hints at a potential decline against (BTC). weekly price chart featuring inverse cup-and-handle breakdown setup. Source: TradingViewAn inverse cup-and-handle is a bearish reversal pattern, accompanied by lower trading volume. It typically resolves after the price breaks below its support level, followed by a fall toward the level at a length equal to the maximum height between the cup’s peak and the support line. cup-and-handle pattern. Source: StockCharts.comETH/BTC weekly price chart…
In a tweet two days ago, Bluntz predicted that ETH is only a 10% drop away from stabilizing. The Crypto trader is famous for accurately predicting Bitcoin’s 2018 bear market. More popular as the “smart contracter,” the strategist explained that he had been closely tracking ETH price charts since August. “Ethereum is in the final stages of its current bearish run and will swing upward soon,” he assured his 211,000 followers. Once the token corrects its course, investors can then get ready to take up long-term positions, the tweet explained. Related Reading: XRP Sluggish In Last 7 Days As Ripple…
A crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency on Solar and Excess Energy in South Australia The ‘Steel City’ of Whyalla in South Australia has become home to a new crypto mining installation that will run on electricity generated from solar power. Operated by the Lumos Digital Mining company, the 5-megawatt facility will be minting bitcoin, a process often blamed…
NEW YORK, USA, Sept. 17, 2022 (GLOBE NEWSWIRE) — Facts and Factors has published a new research report titled “Cryptocurrency Market – By Category (Bitcoin, Ripple, Ethereum, Dashcoin, Litecoin, and Others), By Elements (Software and Hardware), By Methods (Mining and Transactions), and By End-User Analysis (Banking, Stock Market & Virtual Currency, Real Estate, and Others): Global Industry Overview, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecast 2021–2028” in its research database. “According to the latest research study, the demand of global Cryptocurrency Market size was valued at approximately USD 800 million in 2020. The market is…
Shiba Inu receives a strong short-term technical ranking of 76 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. SHIB has a superior recent technical analysis than 76% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto. InvestorsObserver is giving Shiba Inu a 76 Short-Term Technical Rank. Find out what this means to you and get the rest…