Tag: bitcoin trader

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Injective Protocol (INJ) rallies 100%+ after launching cross-chain support for Cosmos

INJ books a 100%+ gain shortly after the release of the Injective Bridge v2 and the launch of DEX-based perpetual futures for ATOM. Trading perpetual futures contracts in decentralized apps is a crypto sub-sector ripe for growth, especially as discussions of regulation, taxation and mandatory KYC at centralized exchanges continue to take place. One DEX…
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4 factors to consider when choosing an industrial-scale Bitcoin mining location

BTC mining is an exciting and fast-scaling industry to be a part of. Just make sure that you set your roots down in the right place. Large-scale miners are the dominant players in Bitcoin (BTC) mining — we should know because we are one. Having scaled up from a set of mining rigs in my…
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NH Governor Signs Executive Order to Bring ‘Regulatory Certainty’ to Cryptocurrency Industry

The governor of the U.S. state of New Hampshire has signed an executive order establishing a commission on cryptocurrencies and digital assets. “Federal and state governments must work to bring legal and regulatory certainty to the digital asset industry because clear rules of the road foster technology and innovation,” said the governor. NH Executive Order…
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Indian Parliament Member Clarifies Legal Status of Cryptocurrency

Cryptocurrency is currently a gray area in India. It is neither legal nor illegal. A parliament member, India’s finance secretary, and the minister of finance have recently clarified the legal status of cryptocurrency in India. Legal Status of Crypto in India Following the finance minister’s announcement to tax cryptocurrency income, the question of whether crypto…
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Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum

The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound Finance in order to acquire…
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Blockchain Games in 2022: Play-to-Earn, Gamification, Interoperability and Major Publishers

_____ _____ Video games have long been regarded as a Trojan horse for new technologies. Whether it be home computers, smartphones, or virtual reality, the pleasure of gaming is usually one of the most effective ways of interesting the public in new tech, and the same is true when it comes to blockchain and cryptoassets. ……
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Can XRP price reach $1 after 25% gains in one week? Watch this key support level

A fractal from 2018-2019 repeating could spell trouble for XRP’s long-term upside outlook, however. XRP price has continued to bounce back after falling by more than 70% in a correction between April 2021 and January 2022. Why the XRP/USD 50-week EMA is key On Feb. 13, XRP/USD reached as high as $0.916, above its 50-week…
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Ethereum’s average and median transaction fee slip, lowest in six months

Ethereum’s average transaction fees dropped by almost 73.3% just within a month — down to $14.17 from $53.03. The infamous transaction fees of the Ethereum (ETH) ecosystem underwent a decremental phase from Jan. 10 to record the lowest average and median fees of $14.17 and $5.67 — lowest since September 2021.  Data from Blockchair shows…
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Bitcoin inches towards higher weekly close with CME futures gap in focus

The end of the weekly candle could soon give way to a more pressing $42,400 target should the market move significantly overnight, one trader says. Bitcoin (BTC) was on the cusp of making a new higher weekly close on Feb. 13 as bulls kept the market above $42,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView…
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Inside the blockchain developers’ mind: Can EOS deliver a killer social DApp?

What are the limitations that are preventing mainstream adoption and what is the current DApp landscape? Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group. In my first article in this series, I…
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