Hizzoner has given himself a pay cut. Mayor Eric Adams could be down about $600 — or 3 percent – in his cryptocurrency portfolio, according to a Post analysis. The cryptocurrency-curious politician promised to put his first three paychecks — after taxes and other deductions — into the two largest cryptocurrencies, Bitcoin and Ethereum. Adams’ buys were a bid to boost New York’s crypto scene over Miami, whose mayor made a similar promise. City… Source link

Bitcoin (BTC) further tested $38,000 overnight as the weekend began with uncertainty among traders. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 3-day chart could be “precursor” for weekly  Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $39,000 after several attempts to break $38,000 support. The pair had also seen a brief spurt above $40,000 Friday thanks to geopolitical developments, this nonetheless lasting a matter of minutes before the previous… Source link

With the recent Russian invasion of Ukraine, multiple efforts have been made by various cryptocurrency and blockchain groups to provide aid to the Ukrainian people. From the Ukrainian DAO to anonymous donations made in bitcoin to a Ukrainian wallet address posted publicly on Twitter, the cryptocurrency community has once again shown that it is willing to combat political oppression and tyranny. These events have encouraged me to revisit Bitcoin’s connection to politics, which is a somewhat… Source link

Monero (XMR) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the Digital Money has dropped 4.55% to $170.9. InvestorsObserver is giving Monero a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Low Volatility InvestorsObserver gives Monero a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market. The Volatility Gauge… Source link

Haven Protocol (XHV) showed signs of returning to its bullish form as its price doubled in just five days of trading. What’s pumping Haven Protocol? XHV’s price surged by up to 107% week-to-date to climb above $3.60 on March 11, its highest level in more than three months. Interestingly, the move upside followed a period of aggressive selloffs that saw XHV’s value dropping from nearly $20 in November 2021 to as low as $1.60 in early February 2022 — an approximately 90% decline. XHV/USD weekly… Source link

In brief Fantom is a layer-1 blockchain aiming to provide an alternative to the high costs and low speeds about which users of Ethereum often complain. Fantom runs on a directed acyclic graph blockchain, similar to Hedera Hashgraph. Use an Ethereum protocol on a particularly congested day and you’ll surely balk at the fees, which can easily surpass the value of your trade if you are, say, swapping crypto worth no more than the change in your pocket. Help is at hand in the form of alternative… Source link

#masthead-section-label, #masthead-bar-one { display: none } Russia-Ukraine War liveUpdates Maps Photos Key Cities Guide to the Conflict History of Tensions Advertisement Continue reading the main story Supported by Continue reading the main story The shift Bitcoin Was Made for This Moment. So Why Isn’t It Booming? Long hailed by its advocates as a safe hedge during uncertain times, Bitcoin’s value has fallen steadily in recent weeks. Credit…Photo Illustration by Studio Wout/Shutterstock March 11,… Source link

Image source: Getty Images Consider these cryptos if you want to branch out beyond Ethereum. Key points Ethereum is the biggest smart contract crypto, but it struggles with heavy network congestion. Cosmos, Chainlink, and VeChain all have solid long-term prospects and could outperform Ethereum… Source link

Ethereum whales have lately been flocking to last year’s star meme token: Shiba Inu ( SHIB -1.50% ). Though the cryptocurrency has slipped by 33% year to date, it did soar by a mind-boggling 45,000,000% in 2021. With big holders of Ethereum turning their attention to Shiba Inu, is a rebound ahead? Should you join those whales and dive into this attention-getting cryptocurrency now? Image source: Getty Images. The biggest holders First of all, “whales” are… Source link

Ethereum 2.0 registers a major milestone in terms of the total value staked. The Ethereum 2.0 consensus layer is undergoing major improvements in recent times. Although things don’t seem to be moving fast with Ethereum 2.0 as expected, they are certainly moving ahead. On Thursday, March 11, the deposit contracts for Ethereum 2.0 Beacon chain touched an important milestone of collecting over 10 million ETH. Well, at the current ETH price, the combined staked value of all these ETH tokens is… Source link