Yearly Archives: 2022

Fort Worth becomes first U.S. city government to mine Bitcoin – Welcome to the City of Fort Worth

Fort Worth becomes first U.S. city government to mine Bitcoin – Welcome to the City of Fort Worth

Published on April 26, 2022 Today, Fort Worth becomes the first city government in the United States to mine Bitcoin. This pilot program, launched by the Office of Fort Worth Mayor Mattie Parker and the City of Fort Worth in partnership with Texas Blockchain Council, recognizes the exponential growth of the blockchain and cryptocurrency industries while advancing Fort Worth’s goal of becoming a leading center of tech and innovation. Beginning today, the S9 Bitcoin mining machines… Source link

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3 Coins to Follow in May: Pacman Frog (PAC), Monero (XMR), and Elrond (EGLD)

Disclaimer: This is a sponsored press release. Readers should conduct their own research prior to taking any actions related to the content mentioned in this article. Learn more › The first cryptocurrency, Bitcoin (BTC), was created in 2009. Since then, thousands of other cryptocurrencies have been created. The total market value of all cryptocurrencies is over $2 trillion. Bitcoin (BTC), the largest cryptocurrency by market value, is worth over $790 billion. Ethereum (ETH), the… Source link

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Is Lido Making Ethereum Less Decentralized?

Key Takeaways Lido is a popular liquid staking solution for Ethereum and other blockchains. Lido accounts for the vast majority of liquid staking derivatives in the Ethereum ecosystem. As it’s seen parabolic growth, there are growing concerns that it could impact Ethereum’s decentralization. While the concerns are warranted, Ethereum staking should become more decentralized as the network grows and more solutions like Lido enter the market. Share this article Lido is a liquid… Source link

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Cryptoverse: Ether prepares for epic ‘merge’ in quest to eclipse bitcoin

April 26 (Reuters) – Ether has promised to do better. It has promised to go to the next level, edging out crypto rivals and even outshining the godfather, bitcoin. But the clock’s ticking. The No.2 cryptocurrency was supposed to be weeks away from the “merge”, a transformative June upgrade of its blockchain Ethereum to make it faster, cheaper and less power hungry, holding out the prospect of a meaner and cleaner crypto future. The anticipation had supported ether this year, even as inflation… Source link

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Did you Know Litecoin and Matic Were also Small Projects like Bitgert

Did you Know Litecoin and Matic Were also Small Projects like Bitgert

by Analytics Insight April 26, 2022 The Bitgert project is building a powerful ecosystem that includes NFTs, DeFi, Web3 products, and many others. The one thing most crypto enthusiasts don’t know is that large cryptocurrencies like Litecoin and Matic were once small projects. They have increased hundreds and thousands of times to reach the huge prices they are trading today. This means investors that bought these projects when they launched made huge profits from this growth. This is… Source link

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Three’s a Charm With These Cryptos. Quitriam Finance (QTM), Litecoin (LTC) and Ethereum (ETH)

With the increased competitiveness of new coins entering the crypto market on a regular basis, it is critical for all prospective crypto ventures to stay current with industry trends and evolution. Crypto experts believe that cryptos with consistent network updates are a safe bet for both new and seasoned crypto investors. Quitriam Finance (QTM), a crypto market newcomer with a strong trajectory, is predicted to deliver huge gains to early investors. Quitriam Finance (QTM) It’s a fantastic… Source link

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Bitcoin repeats rare weekly chart signal that resulted in 50% BTC price dips

Bitcoin (BTC) is facing a rare chart phenomenon that has historically resulted in 50% price drawdowns, new data shows. In a tweet on April 25, popular account Nunya Bizniz noted a fresh warning sign from two key moving averages on BTC/USD. Analyst: BTC could spend 6 months recovering from dip For only the third time in its history, Bitcoin’s 20-week and 50-week moving averages (WMAs) have both started to slope downwards. While that may look harmless at glance, the result of the first two… Source link

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Ethereum Reclaims $3K, Can The Bulls Clear This Key Hurdle

Ethereum started a strong recovery from $2,800 against the US Dollar. ETH is back above $3,000 and eyes a major increase above the $3,035 resistance. Ethereum started a major recovery wave above $2,900 and $2,950. The price is now trading above $2,950 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $2,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,980 support to accelerate further… Source link

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Institutional investment flows out of ETH and into competing L1 altcoins

Institutional investors have shifted their attention from Ethereum to competing layer-1 blockchains of late, with capital inflows for altcoin investment products increasing last week while Ether (ETH) products posted outflows for the third week in a row. Data from CoinShares’ latest Digital Asset Fund Flows report shows that investors last week (ending on Friday) loaded up on $3.5 million worth of Avalanche (AVAX), Solana (SOL), Terra (LUNA) and Algorand (ALGO) funds while capital outflows… Source link

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