What is a seed phrase and why is it important?
It’s crucial to remember your seed phrase, which is a string of random words produced by your cryptocurrency wallet when you initially set it up. Go to Source Powered by WPeMatico
Month: August 2022
Biggest Movers: DOGE, AVAX Fall to 1-Month Lows on Saturday
Dogecoin fell to a one-month low to start the weekend, as a red wave swept through cryptocurrency markets. Avalanche also dropped to a four-week low on Saturday, as the token hit a key support point. As of writing, the global crypto market cap is trading 5.46% lower. Dogecoin (DOGE) Dogecoin (DOGE) was a notable mover … Read more
Why Cryptocurrencies Are an Ideal Payment Solution for Gambling
The means of payment have recently evolved into the use of cryptocurrencies, and online casinos have quickly adopted them. It makes it easy for players to make deposits and withdrawals on online casinos without authorization from a central authority. With cryptocurrencies, online casino transactions have never been easier and safer. According to chainalysis, there are … Read more
Blockchain audits: The steps to ensure a network is secure
In order for blockchain firms to truly validate their internal security protocols, they need to be audited thoroughly. Here’s a brief rundown of how the process goes. Go to Source Powered by WPeMatico
The Bears Make Their Presence Known, Bitcoin Price Dips to $20K, Ethereum Drops to $1,500
Cryptocurrency markets show significant bearish momentum this Saturday after trading sideways most of last week. Bitcoin price is struggling to hold above the $20k range, while Ethereum is likely to break down through the $1,500 support. In addition, the global cryptocurrency market cap has dipped below the $1 trillion range, losing over 4.48% in valuation … Read more
Bitcoin price briefly loses $20K on ‘bunch of nothing’ Powell speech
Bitcoin could well sink below the $20,000 mark again, traders warn, with price targets now as low as $16,000. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Nears $20,000, as ETH Hits 1-Month Low
Bitcoin was trading close to $20,000 to start the weekend, as traders reacted to comments from U.S. Fed Chair Jerome Powell during Friday’s Jackson Hole summit. Powell warned that “there will be some pain ahead,” as the Fed attempts to bring the rate of inflation down. Ethereum was below $1,500 on Saturday. Bitcoin Bitcoin (BTC) … Read more
US stocks lose $1.25T in a day — more than entire crypto market cap
Risk assets take a major blow as Fed Chair Jerome Powell stays firmly hawkish on inflation and monetary policy. Go to Source Powered by WPeMatico
Zugacoin Controversy: Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi Scheme
After reports that merchants and holders of “Zugacoin” cryptocurrency are unable to make withdrawals, the founder of the Nigerian crypto, Sam Zuga responded by accusing unnamed “ignorant people” of working to tarnish the project. One Nigerian expert has advised prospective zugacoin investors to prioritize learning finer details about the project before investing. A Financial System … Read more
Pro-blockchain narratives hinder Bitcoin adoption, says StackinSat founder
Josselin Tonnellier, the founder of crypto investment banking firm StackinSat, said that while organizing an event during the bear market was difficult, seeing attendees from abroad was very rewarding. Go to Source Powered by WPeMatico
