Cryptocurrencies

Các nhóm thảo luận như: Mua/bán máy đào coin cũ mới, đầu tư ICO, lending, Trading coin,

SEC reportedly probing crypto lending products by Gemini and Celsius

SEC reportedly probing crypto lending products by Gemini and Celsius

X News Markets People Cryptopedia Industry Consulting The SEC’s main concern reportedly lies with the high-yield offering by crypto lending services, which are often considerably higher than most savings banks. 2144 Total views 81 Total shares Listen to article News The United States Securities and Exchange Commission is reportedly reviewing some of the high-yield crypto lending products offered by Gemini, Celsius Network and Voyager Digital. According to a report published on Bloomberg, the SEC is conducting an inquiry into digital asset lending services. The main focus of the inquiry is reportedly around whether the crypto lending services could be considered securities and, therefore, must be registered with the commission.  Gemini and Celsius did not immediately respond to Cointelegraph’s request for comment. The SEC’s main concern reportedly lies with the high-yield offering by crypto lending services, which are often considerably higher than most savings banks. The interest rates offered by crypto lending services range anywhere from 3% to 18%, while traditional banks’ savings accounts offer less than 0.1%. Banks’ savings accounts are insured by the Federal Deposit Insurance Corporation, which means investors are protected against bank failure and theft. However, crypto lending services lend customers’ digital assets to other investors, which, according to the …
Bitcoin Could Enter a New Bull Cycle! Analyst Predict Next Levels For BTC Price  BTC Price Analysis

Bitcoin Could Enter a New Bull Cycle! Analyst Predict Next Levels For BTC Price  BTC Price Analysis

Don’t have your own accout? click below link to register Bitcoin Written by: Nidhi Kolhapur Written by Nidhi Kolhapur Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain. Jan 27, 2022 Bitcoin’s price rose alongside US markets today, indicating that it is gaining traction ahead of the Federal Reserve’s decision on major interest rate benchmarks. The most valuable cryptocurrency temporarily rose above $38,000, reaching its highest level since January 21. Analysts have assessed the Bitcoin price movement and discovered that the asset’s reversal attempts being rejected could indicate that it has bottomed out. Bitcoin may have reached the bottom of a 96-day bull cycle. By moving away from price movement, analysts believe that Bitcoin’s trend may be forecasted through time cycles. The bitcoin market as a whole recently experienced carnage. Experts feel that all key timeframes are oversold for cryptocurrencies in the top 20. In the immediate term, a V-shaped recovery is unlikely. Traders, on the other hand, are looking for a spot reversal after the present market conditions. Cryptocurrencies that were heading up before the massacre, according to analysts at …
Seven Experts Debated the Future of Blockchain Metaverse Will Not Skyrocket in 2022

Seven Experts Debated the Future of Blockchain Metaverse Will Not Skyrocket in 2022

Trevor Holman7 hours agoLast Updated: January 27, 2022 4 minutes read Holochain CEO Mary Camacho, Zelwyn Ecosystem CEO Nikolai Shkilev, Bits.Media creative director Alexandra Demidova, Chair DigiByte co-founder Hans Koning, #CitizenCosmos’s Sergei Simanovskiy, Crypto Corner host O.J. Jordan, and BDC Consulting CBDO Paul Moukhine recently participated in a guru roundtable on the Cryptovo YouTube channel. Even though there were numerous differences of opinion among the experts, the discussion provided many important insights into the metaverse, Web 3.0, GameFi, and the future of Bitcoin in 2022.  Metaverse Will Not Skyrocket in 2022 Although the round table participants had a broad range of views on what the metaverse represents and what it may mean in the near term, it remains one of the most significant technical advances. Basketball legend O.J. Jordan thinks virtual reality requires a experience of virtual reality & Blockchain technology to take off. He predicted that by 2024, the metaverse market may be worth $800 billion, a tenfold rise from its present value of $70 billion.  On the other hand, the metaverse will take more time, according to Mary Camacho. Other technologies, such as Blockchain, make up the metaverse, which will be fascinating to watch as NFTs transit across …
Bitcoin is Digital Property, Ethereum is Digital Security – Argues Michael Saylor

Bitcoin is Digital Property, Ethereum is Digital Security – Argues Michael Saylor

+++++ A quick 3min read about today’s crypto news! 27 Jan 2022   US-based software developer MicroStrategy CEO Michael Saylor has once again questioned the regulatory status of ethereum (ETH), arguing that it can be best classified as digital security. On the other hand, he insisted that there is no doubt that bitcoin (BTC) is a digital property, and thus not subject to regulatory headaches. Saylor, who has appeared on a recent episode of the UpOnly podcast, said that the most important thing for a long-term crypto investor to understand is the political status of a cryptoasset — i.e., is it a cryptocurrency, a crypto property, or crypto security. Bitcoin was created by the pseudonymous Satoshi Nakamoto, who released the original Bitcoin white paper in 2008. The coins are created through mining, which means there never was a pre-mine or an initial coin offering (ICO). Bitcoin uses the proof-of-work (PoW) mechanism, which is according to Saylor a “fair distribution.” Pointing these out, Saylor claimed that bitcoin can be easily classified as digital property, saying: However, he classified every coin that enables staking or uses the proof-of-stake (PoS) mechanism as digital security.  Recently, there have been some discussions that Ethereum is …
After LUNA falls victim to larger market sell-offs, buyers can be expected in this area AMBCrypto

After LUNA falls victim to larger market sell-offs, buyers can be expected in this area AMBCrypto

Connect with us AMBCrypto After LUNA falls victim to larger market sell-offs, buyers can be expected in this area Published 6 hours ago on January 27, 2022 By Akashnath SSource: Pixabay Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In the hours preceding press time, Bitcoin retested the previous set of lower highs and was rejected around the $38.9k-area. This showed that bullish impetus was not yet back in the market. Alongside a rising Bitcoin Dominance chart, the altcoin market had the odds stacked against a V-shaped recovery. Terra was one of the altcoins which did see a strong bounce in recent days, but it was not yet clear whether that feat would be repeated in the near term. Bitcoin could see further losses and this would drag the altcoin market down as well. Source: LUNA/USDT on TradingView We can see that the price tested a longer-term demand area in the vicinity of the $54.46 support level. This support level had seen demand in mid-December and the buying pressure propelled LUNA to $103.6. At the time of writing, the price was nearing the $54.46 level once more. On …
$ADA: Charles Hoskinson Is ‘Really Looking Forward to This DEX on Cardano’ History of Vaccumlabs’ Previous Apps for Cardano

$ADA: Charles Hoskinson Is ‘Really Looking Forward to This DEX on Cardano’ History of Vaccumlabs’ Previous Apps for Cardano

On Wednesday (January 26), Charles Hoskinson, Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for building Cardano ($ADA), said that he was “really looking forward” to an upcoming DEX from Slovakian FinTech startup Vacuumlabs. History of Vaccumlabs’ Previous Apps for Cardano Vacuumlabs is “a software development company that builds modern full stack fintech solutions for startups, scale-ups and incumbent banks.” It first got involved with Cardano in 2018 when its developers started work on Adalite, which has become the world’s popular web-based Cardano wallet: “In 2018, Vacuumlabs developers started an internal project to build the first Cardano light wallet. What was supposed to be a ‘weekend project’took weeks, but AdaLite was born. Since then, AdaLite has cemented itself as the leading web-based Cardano wallet, and along with it settled Vacuumlabs as a key development partner in the Cardano ecosystem.“ According to Vacuumlabs, here is how this project caught the attention of EMURGO, the commercial arm of Cardano, which then led to them working on the Yoroi wallet: “When Nicolas Arqueros, CTO at EMURGO, a founding entity of the Cardano protocol, first came across Vacuumlabs’ AdaLite, he was curious. He was surprised to find such a lightweight …
The Sandbox and Brinc announce US$50M Open Metaverse Accelerator Program funding for 100 startups Join to get the flipside of crypto

The Sandbox and Brinc announce US$50M Open Metaverse Accelerator Program funding for 100 startups Join to get the flipside of crypto

Join newsletter Get the latest crypto news delivered to your inbox daily. January 27, 2022  The Sandbox, a leading decentralized gaming metaverse and a subsidiary of Animoca Brands, has committed US$50M to Brinc, a leading global venture accelerator, for The Sandbox Metaverse Accelerator Program, which will target 100 startups to enhance the open metaverse. With applications now open and the first cohort scheduled to start in Q2 2022, The Sandbox Metaverse Accelerator Program is a dedicated track within Launchpad Luna, the accelerator launched in mid-2021 as a partnership between Brinc and Animoca Brands. The new program aims to accelerate 30 to 40 startups a year over a three-year period. The program will invest in, mentor, educate, and support the development of promising startups and projects while also providing access to potential partnerships and business development opportunities across the growing networks of The Sandbox, Animoca Brands, and Brinc. The new program is looking for startups that can enhance the open metaverse, who will be evaluated on their traction, technical expertise, and ability to deliver unique experiences. Startups accepted into the program will receive an initial investment of up to US$250,000 each. The Sandbox will also provide further grants of up to …
What will social media ownership look like in the age of Web3? Nayazunissa

What will social media ownership look like in the age of Web3? Nayazunissa

Posted on January 27, 2022 (January 27, 2022) by Nayazunissa Share on TAGS#Creaton #NFT #platform #Web2 Nayazunissa Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago. Related posts The Sandbox Announces $50M Accelerator Program For Promising Ventures Top 3 Projects With Market Cap of $20M-$40M as per CryptoDep Russia Being Blocked From SWIFT Would Benefit Crypto Market? Ravendex Readies for Launchpad and Staking Platform Release Tesla Still Has BTC Worth $1.26 Billion Unsold! World’s First Museum for Non-fungible Tokens (NFTs) In Seattle NewsCrypto is an online media publication that helps to educate readers about news, exchanges, and markets in the crypto and blockchain industry. Quick Links Contact Us [email protected] Important Tags Tag © Copyright 2022 All rights Reserved | The News Crypto We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. Cookie settingsACCEPT Manage consent Privacy Overview Always Enabled Cookie Duration Description cookielawinfo-checbox-analytics 11 months This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user …
Analysis: 2021’s Top 10 NFT Traders Pocketed $185M as Market Went Mainstream Permissionless

Analysis: 2021’s Top 10 NFT Traders Pocketed $185M as Market Went Mainstream Permissionless

webinar: Investor’s guide to NFTs – register events By Stephen /July 19, 2021, 2:55 pm EDT Permissionless is the cultural event of the year. With more than 5,000 people attending, it will be the largest DeFi conference in history. Today DeFi is a $100 billion economy. Tomorrow it will touch every aspect of our lives. The builders […] follow us “As the market matured, reputable NFT projects with high liquidity became valuable commodities,” according to a new report by blockchain analytics firm Nansen ShareSubscribe to our daily newsletterBy Morgan Chittum / 2021 was the year of the NFT, literally. Just ask Collins Dictionary, which made the term its word of the year.  The crypto asset went mainstream last year, according to a new report from blockchain analytics firm Nansen. Count the signs, from Adidas’ NFT drop to payment network giant Visa’s $150,000 purchase of a CryptoPunk. “This year NFTs achieved a mainstream breakthrough. Despite spikes in volume, a sustained interest from first-time buyers suggested a new market in the making,” Nansen’s report said.. “As the market matured, reputable NFT projects with high liquidity became valuable commodities.” NFT trading peaked August 29, hitting over $422 million in daily sales. The volume …
NFTs ‘Achieved Mainstream Breakthrough’ in 2021: Nansen Research firm Nansen found that total sales volume for NFTs hit $17 billion in 2021, while OpenSea briefly overtook Uniswap in terms of gas usage.

NFTs ‘Achieved Mainstream Breakthrough’ in 2021: Nansen Research firm Nansen found that total sales volume for NFTs hit $17 billion in 2021, while OpenSea briefly overtook Uniswap in terms of gas usage.

Menu Reading Search About NewsNFTs Research firm Nansen found that total sales volume for NFTs hit $17 billion in 2021, while OpenSea briefly overtook Uniswap in terms of gas usage. ByAndrew AsmakovJan 27, 2022Jan 27, 20224 min readCreate an accountto save your articles. In many respects, 2021 was a huge year for crypto—and it was underpinned by growth in the NFT space, according to research from crypto analytics platform Nansen. According to Nansen’s State of Crypto Industry Report 2021, by the end of the last year total sales volume in the NFT space surpassed a staggering 4.6 million ETH, or estimated $17 billion, with two major spikes occurring in May and August. The August surge was particularly strong, sparked by the fervor surrounding Bored Ape Yacht Club spin-off Mutant Ape Yacht Club. It resulted in an unprecedented peak above 132,000 ETH (over $422 million) in combined trading volumes in one single day on August 29. It formed just one of the drivers for growth in the NFT space over the year, Nansen CEO Alex Svanevik told Decrypt. “It’s hard to point to one individual event that created the NFT wave,” Svanevik said. “Was it Axie Infinity pioneering play-to-earn? Or OpenSea …
Bitcoin dips 8% from highs as trader demands BTC bulls reclaim $37.5K Bitcoin disappoints below $37,500

Bitcoin dips 8% from highs as trader demands BTC bulls reclaim $37.5K Bitcoin disappoints below $37,500

X News Markets People Cryptopedia Industry Consulting Bitcoin “isn’t shouting for bullishness” below $37,500, fresh analysis says, as the Fed’s latest comments deliver little direction. 2985 Total views 65 Total shares Listen to article Market Update Bitcoin (BTC) climbed down from multi-day highs on Jan. 27 as the aftermath of the latest United States Federal Reserve meeting saw bulls taper their enthusiasm. Bitcoin disappoints below $37,500 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD walking back some of its gains, which had topped out at $38,950 on Bitstamp. The pair then refocused on $36,000, the level where it was trading at the time of writing. As momentum gathered pace, market commentators began hoping for a stronger weekly close, possibly including a challenge of the $40,000 mark. Now, however, the mood was markedly less euphoric. “Bitcoin rejected at $38K and hit the first important level of support at $36K here,” Cointelegraph contributor Michaël van de Poppe summarized to Twitter followers. Van de Poppe joined others in voicing dissatisfaction with the outcome of the Fed’s meeting, in particular with a lack of new insight and policy information from Fed Chair Jerome Powell. “With inflation well above 2 percent and a strong labor market, …
News Fraudulent Bitcoin Seller Going to Jail

News Fraudulent Bitcoin Seller Going to Jail

Search by Kevin Helms A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. 3 hours ago4 hours ago Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read Show Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’  On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes the possibility of tightening monetary easing and noted that … read more. Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises …
Top 3 DeFi Tokens With the Highest Market Capitalization Terra (LUNA)

Top 3 DeFi Tokens With the Highest Market Capitalization Terra (LUNA)

Posted on January 27, 2022 (January 27, 2022) by Imran Share on TAGSAVAX Terra Imran A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world. Related posts The Sandbox Announces $50M Accelerator Program For Promising Ventures Top 3 Projects With Market Cap of $20M-$40M as per CryptoDep Russia Being Blocked From SWIFT Would Benefit Crypto Market? Ravendex Readies for Launchpad and Staking Platform Release Tesla Still Has BTC Worth $1.26 Billion Unsold! World’s First Museum for Non-fungible Tokens (NFTs) In Seattle NewsCrypto is an online media publication that helps to educate readers about news, exchanges, and markets in the crypto and blockchain industry. Quick Links Contact Us [email protected] Important Tags Tag © Copyright 2022 All rights Reserved | The News Crypto We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. Cookie settingsACCEPT Manage consent Privacy Overview Always Enabled Cookie Duration Description cookielawinfo-checbox-analytics 11 months This cookie is set by GDPR Cookie Consent plugin. …
Is Donwnside Over For Cosmos (Atom) near $33.0 Cosmos fall deepens below 20 DMA

Is Donwnside Over For Cosmos (Atom) near $33.0 Cosmos fall deepens below 20 DMA

$36585 -4.78%Buy $2482.53 -5.7%Buy $0.612587 -4.12%Buy News Price Analysis CryptoGuru Wiki Resources Interviews Contact Follow us on: /By Rekha chauhan Exchanges Wallet By Rekha chauhan Cosmos (Atom) price extends the previous session’s losses on Thursday after recording a 13% fall in a single day. The global crypto space was under the mega-selling spree after the big announcement from the US Federal Reserve. US Fed hawkish stance in its forward guidance keeps the riskier assets on their toes. The central bank hinted it would start raising interest rates in March. Fed Governor Jerome Powell didn’t rule out rate hikes at every single meeting in the future. Cosmos fall deepens below 20 DMA On the daily chart, there are multiple factors that support the beginning of the upside momentum in the meme coin. First, the formation of a “Cup and Handle” pattern, which is a bullish reversal formation indicates the downward stared on January 7 seems to be halted near the lower trend line of the channel. After testing the lows near $27.34 on Friday, the price once again bounces back toward the 20 DMA at $37.70. The horizontal resistance zone near $37.20 is a strong level which been tested many times. …
Reddit Follows Twitters Footsteps, Plans NFT as Profile Picture for Users Separate Page for NFT-Related Activity

Reddit Follows Twitters Footsteps, Plans NFT as Profile Picture for Users Separate Page for NFT-Related Activity

Posted on January 27, 2022 (January 27, 2022) by Imran Share on TAGSNFT Reddit Imran A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world. Related posts The Sandbox Announces $50M Accelerator Program For Promising Ventures Top 3 Projects With Market Cap of $20M-$40M as per CryptoDep Russia Being Blocked From SWIFT Would Benefit Crypto Market? Ravendex Readies for Launchpad and Staking Platform Release Tesla Still Has BTC Worth $1.26 Billion Unsold! World’s First Museum for Non-fungible Tokens (NFTs) In Seattle NewsCrypto is an online media publication that helps to educate readers about news, exchanges, and markets in the crypto and blockchain industry. Quick Links Contact Us [email protected] Important Tags Tag © Copyright 2022 All rights Reserved | The News Crypto We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. Cookie settingsACCEPT Manage consent Privacy Overview Always Enabled Cookie Duration Description cookielawinfo-checbox-analytics 11 months This cookie is set by GDPR Cookie Consent plugin. …
Russian President says crypto-mining could give them certain competitive advantages. The Bank of Russia compared cryptocurrencies to a pyramid scheme. 

Russian President says crypto-mining could give them certain competitive advantages. The Bank of Russia compared cryptocurrencies to a pyramid scheme. 

Welcome!SearchMoreMore The Takeaway: The President of Russia Vladimir Putin sees potential in cryptocurrency mining as it could give Russia “certain competitive advantages.” ADVERTISEMENT The President of the Russian Federation – Vladimir Putin – agreed with the country’s central bank that cryptocurrencies are highly volatile and pose several risks to the financial network. However, he sees potential in cryptocurrency mining as it could give Russia “certain competitive advantages.” As reported last week, the Bank of Russia intensified its harsh stance on crypto by proposing a complete ban on crypto activities.    The Bank of Russia compared cryptocurrencies to a pyramid scheme.  The Bank of Russia argued that the asset class reminds of a pyramid scheme, undermines the sovereignty of monetary policy, and threatens the local financial system. In a recent conference, the Russian leader – Vladimir Putin – said he is aware of the ongoing discussions on the matter and outlined that crypto regulation is currently “in the spotlight.” Similar to the central bank, Putin stated that the expansion of the asset class carries certain risks to investors given its high volatility. On the other hand, the President is in favor of crypto mining as it could be beneficial to his nation.  …
How 5 Popular Smart Contract Platforms Compare to Nexus Transaction Architecture 

How 5 Popular Smart Contract Platforms Compare to Nexus Transaction Architecture 

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC Trading / Mining Other Popular Coins Reports Guides Latest Guides Edit Cancel Edit Share Tweet Share on G+ Link to post Stop Email Notifications Start Notifications Make Sticky Remove Sticky Report ({{post.Actions.Report.Total}}) Already Reported ({{post.Actions.Report.Total}}) Delete Reverse Delete in {{post.Parent.Name}} Forum CryptoCompare 06 Jan 2022 This is a sponsored story. Its content does not constitute financial advice. Please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. The information within this article has not been independently verified. With hyped-up meme coins making their way into the Top 20 on coin listing sites like CryptoCompare, it’s clear that having the best tech doesn’t automatically lead to a multi-billion dollar market cap. In this article, we focus on five that may be offering the most advanced technology.  Transaction Architecture  Here’s how these five smart contract platforms compare when it comes to their transaction architecture: Ethereum While Bitcoin was introduced with built-in Smart Contract functionality …
Ariva Digital’s ‘Arivaman’ Gets Set To Embark On Epic Adventure

Ariva Digital’s ‘Arivaman’ Gets Set To Embark On Epic Adventure

CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC MAC Trading / Mining Other Popular Coins Reports Guides Latest Guides Edit Cancel Edit Share Tweet Share on G+ Link to post Stop Email Notifications Start Notifications Make Sticky Remove Sticky Report ({{post.Actions.Report.Total}}) Already Reported ({{post.Actions.Report.Total}}) Delete Reverse Delete in {{post.Parent.Name}} Forum CryptoCompare 27 Jan 2022 This is a sponsored story. Its content does not constitute financial advice. Please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Ariva Digital has recently created a new metaverse project called Ariva Wonderland. Simply put, this initiative wants to change the entire tourism landscape for the better thanks to the clever usage of blockchain technology, crypto, VR and the metaverse itself. Understanding Ariva Essentially, Ariva strives to utilize the groundbreaking capabilities of blockchain technology and combine it with the seemingly limitless potential of the metaverse, which has since garnered a lot of mainstream attention both in the previous year as well as in the …
ETH Price Entered Accumulation Zone ! Can ETH HODLERS Expect Bullish 2022 For Ethereum? Ethereum in the Zone of Opportunity

ETH Price Entered Accumulation Zone ! Can ETH HODLERS Expect Bullish 2022 For Ethereum? Ethereum in the Zone of Opportunity

Don’t have your own accout? click below link to register Ethereum Written by: Delma Wilson Written by Delma Wilson Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO. Jan 21, 2022 Bitcoin and Ethereum are poised for extreme volatility, with multiple on-chain measures pointing to a market low. Still, in order to resume their upward trajectory, these cryptocurrencies must clear a big hurdle. Ethereum appears to have entered an accumulation zone, attracting investors who had been sitting on the sidelines back into the market. Ethereum in the Zone of Opportunity Despite the fact that Ethereum is resting on weak ground, transaction history shows that it only needs to overcome one obstacle to resume its upward path. Approximately 21 million ETH worth $3,300 to $3,900 have been sent to over 5.44 million addresses. A strong candlestick close above this resistance level could propel ETH to new highs. In any case, investors should keep a close eye on the $2,800 support level, as any signs of weakness in the area could …
No fireworks at House’s Bitcoin mining hearing, but pending climate bills could home in on crypto Popular

No fireworks at House’s Bitcoin mining hearing, but pending climate bills could home in on crypto Popular

Popular Access the world’s most popular cryptocurrencies with low fees and social trading features in one simple app. Sponsored by eToro Get Your Crypto Daily Brief Delivered daily, straight to your inbox. January 20, 2022, 5:18PM EST  ·  4 min read The Block Quick Take In a much-anticipated hearing earlier today, Congress heard testimony on cryptocurrency mining. Despite standing criticisms of environmental impacts and energy usage, the hearing saw remarkably little excoriation of mining. The lawmaker perspective The hearing took place before the House Energy and Commerce Committee’s Oversight Subcommittee. It was actually the subcommittee’s first hearing since September, highlighting the increased profile of crypto as a current focal point for policymakers. With Ethereum expected to transition to proof-of-stake consensus this year, the Bitcoin network was the central point of debate. Impressed with PoS’s reported advantage in energy use, subcommittee chairwoman Diana DeGette (D-CO) even asked, “Why can’t Bitcoin be moved to the proof-of-stake method?” “We cannot bring entire fossil fuel plants back online,” said Rep. Frank Pallone, chairman of the full Energy Committee, of the return of peaker plants now used for Bitcoin mining. “Particularly in light of cleaner blockchain technologies that already exist.” Bitcoin’s energy use is an …
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