Crypto winter survival guide: Community shares game plan for the bear market
From dollar-cost averaging to managing your risk tolerance, community members share their advice on what to do during a bear market. Go to Source Powered by WPeMatico
Month: June 2022
Nexo offers to buy out Celsius’ loans amid withdrawal suspension
Nexo platform could rescue Celsius’ customers after “what appears to be the insolvency of the Celsius Network.” Go to Source Powered by WPeMatico
Bitcoin passes $23.8K May low as crypto market cap drops under $1 trillion
The crypto sell-off is in full swing and Wall Street has not even opened yet. Go to Source Powered by WPeMatico
Binance ends support for anonymous Litecoin transactions
Litecoin’s MWEB upgrade that makes transactions confidential comes at a time when the majority of the crypto exchanges are implementing strict KYC and AML guidelines. Go to Source Powered by WPeMatico
Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies also pose a risk to financial stability. Narrowing the Financial Exclusion Gap The Nigerian and Kenyan central bankers have said cryptocurrencies are too volatile to … Read more
Bitcoin hash rate marks all-time high as BTC price drops below $25K
Complimenting the new hash rate ATH of 231.428 ExaHash per second, Bitcoin’s network difficulty stands at a strong position of 30.283 trillion. Go to Source Powered by WPeMatico
Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress
Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and permissionless.” Together with stablecoins, the cryptocurrency offers “unparalleled access to the global economy” for people from countries whose currencies have either collapsed or are cut off from the rest of the world. Bitcoin as a … Read more
Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week
Bitcoin sheds 12% in 24 hours as a fresh altcoin meltdown combines with macro pressures to offer nothing but misery for hodlers. Go to Source Powered by WPeMatico
NFT flipping not so profitable for more than half of buyers: Survey
Though a majority are down on their NFT purchases, there are signs which point to a healthy and robust market in the long term. Go to Source Powered by WPeMatico
Ethereum difficulty bomb delayed but network adoption still growing
The difficulty bomb is designed to make mining profitability plummet in order to disincentivize miners ahead of the long-awaited Merge. Go to Source Powered by WPeMatico