Author: hotcrypto
Retail trading giant Robinhood is working on enabling external transfers for the Ethereum (ETH) competitor Cardano (ADA). The firm, which cited customer demand as its reason for listing the ADA earlier this month, is again listening to a customer request on Twitter to be able to transfer Cardano. Says the company in response, “While you cannot transfer ADA in or out just yet, we’re working to make it available for all assets on our Robinhood Crypto platform. We’re here if you have any additional questions.” Robinhood first launched crypto transfers in and out of its platform in July. The trading…
Bitcoin is playing the hide-and-seek game as we enter the Q4 of 2022, which has historically been bullish for the overall crypto market. The prices may be down right now, but it doesn’t scare away smart investors from taking a position. The continued fascination with crypto has to do with the past record of bitcoin and cryptocurrencies. Every time the market has defied the odds and come roaring back. There’s every reason to stay positive and invest in some super cryptos like Uniglo, Bitcoin Cash, and Filecoin. Uniglo (GLO) Uniglo is a unique solution that aims to protect investors’ money…
After a few days of growing rates, traders might have started fixing their positions as some coins are in the red zone. BTC/USD Bitcoin (BTC) managed to stay in the green zone, going up by 1% since yesterday. On the daily chart, the rate of Bitcoin (BTC) has slightly gone down as bulls might need more time to accumulate power for a further rise. If they can return the price to the $20,600 mark, the chances for a test of the mirror level at $22,400 would increase. Bitcoin is trading at $21,316 at press time. BNB/USD The rate of Binance Coin (BNB)…
© Reuters If You Invested $1,000 In Bitcoin, Dogecoin And Ethereum On Jan. 1, Here’s How Much You Lost In 2022 So Far Here’s a look at how three of the most popular cryptocurrencies have performed in 2022 and how much a hypothetical investment of $1,000 in each would be worth now. What Happened: After a strong 2021 for the cryptocurrency market, 2022 could go down as one of the darker periods for the sector. Among the biggest stories in the first half were the collapse of (CRYPTO: LUNA) and the stablecoin TerraUSD (CRYPTO: UST). The stablecoin lost its peg…
Despite the market downturn, more European retail investors poured their money into cryptocurrencies in the second quarter of this year, while in most of the US, confidence in this budding asset class continued to grow, and the cautious outlook on cryptocurrency investing strengthened somewhat. . Asia. Plus, a better understanding of cryptocurrencies will bring more new investors to this market. These are the results of a global survey commissioned by crypto exchanges. Between 19 May and 6 June 2022, 28,000 retail and institutional investors were surveyed in 23 countries around the world. The survey showed that at the end of…
This is an opinion editorial by Mark Maraia, an entrepreneur, author of “Rainmaking Made Simple” and Bitcoiner, and Casey Carrillo, associate editor at Bitcoin Magazine.One of the many things that makes bitcoin such an amazing asset is our ability to take possession of our private keys. This ability is so new and groundbreaking that the Law Commission of England and Wales has written a 500-page report proposing to carve out a new form of property right for digital assets. As I reflected on how long it took me to take possession of my private keys I realized it might be…
The world of cryptocurrency mining is a highly competitive and often cutthroat business. Although a major trend in recent years has been away from proof of work (PoW), a system that relies heavily on miners running equipment that “mines” new tokens through running intensive computations, and toward proof of stake (PoS), which relies primarily on validators locking large sums of tokens away, PoW remains an incredibly important cornerstone of the cryptoverse.Bitcoin BTC/USD famously relies on PoW and the miners that participate and compete for new BTC. There exists an interesting phenomenon within the Bitcoin ecosystem that is a beautiful example of…
Benzinga has examined the prospects for many investors’ favorite stocks over the past week, here’s a look at some of our top stories. The markets rallied this week, breaking a three-week losing streak, following the latest comments from Federal Reserve Chair Jerome Powell suggesting that the Fed will continue to aggressively combat inflation.All three indices were up for the week, with the S&P 500 gaining 1.82%, the Nasdaq Composite up 1.79% and the Dow Industrials finishing the week 1.09% higher.Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are a few of this past week’s most bullish and bearish…
Decentraland (MANA) and The Sandbox (SAND) are popular blockchains where digital land can be bought, sold, and capitalized for financial wins. There’s new crypto on the scene called Kittynomica (KIN), this is a blockchain that works with a metaverse to bring you a similar experience to Decentraland (MANA) and The Sandbox (SAND), its Kittynomica token (KIN) is in the presale stage and the platform has amazing features set to make cryptocurrency even more interesting! This meme coin is designed to compete with Apecoin (APE) and Dogecoin (DOGE) but adds cats to the mix instead of the usual pups. VeChain (VET)…
imagedepotpro/iStock via Getty Images In the aftermath of sanctions on Tornado Cash smart contracts, privacy-related coins outperformed in August while projects with stricter censoring lost market share. Digital asset prices fell in August, as tech stocks performed the worst among all S&P 500 sectors. Amidst continued high inflation and more restrictive central bank policy, the Bitcoin/Nasdaq 30-day correlation remained elevated at 47% vs. the 5-year average of 9% and the 1-year average of 36%. Despite the macro environment, institutions continue to allocate to the space – specifically worth noting is BlackRock’s partnership with Coinbase to provide crypto access on its…