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Topics - Hometown

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31
Singapore once again warned the public about the risks of trading cryptocurrencies like Bitcoin, a market that while relatively small in the city-state has surged in significance over the past year.source

32
Ripple CEO Brad Garlinghouse has addressed his controversial comments about Bitcoin’s energy consumption, claiming that he’s not advocating for banning the largest cryptocurrency:

First off, I’m DEFINITELY not saying ban BTC! I’m saying we, collectively, can and should understand PoW’s carbon footprint. 

As reported by no link shorteningday, Garlinghouse mentioned that a single Bitcoin transaction was equivalent to burning 75 gallons of gasoline to highlight the environmental impact of the cryptocurrency’s proof-of-work consensus mechanism during his Bloomberg interview. He also added that XRP was 100,000 times more efficient.source

33
Bitcoin price is currently facing resistance near $58,250 and $58,500 against the US Dollar. BTC could dip in the short-term, but the bulls are likely to remain active near $57,000.

Bitcoin recovered above $57,500, but it is facing resistance near $58,250.
The price is still trading well below $58,500 and the 100 hourly simple moving average.
There is a key bearish trend line forming with resistance near $58,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could dip again, but the bulls are likely to remain active near $57,000.source

34
Personal finance expert Dave Ramsey has given some advice on what to do with bitcoin investments. While acknowledging that the cryptocurrency has had a “fabulous” run, Ramsey still prefers putting his money in more “proven” investments.source

35
Jesse Powell, CEO and founder of cryptocurrency exchange Kraken, discusses Coinbase Inc's plan to make its trading debut in April, as well as his own timeline to take Kraken public in the second half of 2022. He also talks about measuring Bitcoin in prices of luxury cars. Powell speaks to Emily Chang and Sonali Basak on "Bloomberg Technology.source

36
Bitcoin News & Updates / Bitcoin at $60K: What’s stopping the surge?
« on: April 03, 2021, 02:50:06 PM »
Despite recent price corrections Bitcoin has been able to bounce back on the charts and continues to trade extremely close to the $60k resistance at the time of writing. During the past few days, Bitcoin has been able to register a complete recovery after having fallen to $52k towards the end of March. However as the price inches closer to the ATH, traders may be wary of another price drop if a sell-off were to take place. The chance of such a scenario is low but cannot be entirely ruled out.source

37
Among six of the major crypto exchanges, Coinbase listings have the biggest effect on a coin's price, according to a researcher at the crypto intelligence firm Messari.

Its report noted the so-called 'Coinbase Effect' as a well-known phenomenon referring to the positive effects that an announcement of an asset listing on this exchange has on that asset's price, given the exposure it gains to a new set of market participants.source

38
Madfish Solutions, a blockchain technology company based in the capital city of Ukraine, Kyiv, has announced the official launch of the first decentralized exchange, QuipuSwap, on Tezos blockchain.

Madfish announced the news in a blog post on Wednesday, March 31. According to Madfish, QuipuSwap is an open-source automated market maker protocol that provides an interface for the seamless exchange of Tezos-based Tokens and XTZ.source

39
BL3P, a Netherlands-based bitcoin exchange, announced that it has decided to phase out Litecoin (LTC), which means the corresponding LTC/EUR trading market will be removed from the platform.
1. As of 10 May 2021 (14:00 CEST), BL3P will disable the Litecoin (LTC/EUR) market and deposits – therefore users will no longer be able to trade or send LTC in their BL3P account.

2. As of 10 November 2021 (14:00 CEST) BL3P will disable Litecoin (LTC) withdrawals and will convert any LTC remaining in a user’s account to BTC and this will be added to their BL3P bitcoin balance.source

40
Chainlink Forum / Is LINK going to a $100?
« on: March 31, 2021, 02:16:12 AM »
LINK is currently trading at $27,93 with 0.1% gains in the 24-hour chart. In the past weeks, LINK records 2.4% gains and 6.2% in the past month . Highly bullish on LINK’s performance, trader Michaël van de Popper predicts a possible bull-run towards $100. Claiming LINK’s price is close to “bottoming out”, he recommended investors keep an eye on the $19,5 to $20,74. source


41
Bitcoin price started a steady increase and tested the $56,500 zone against the US Dollar. BTC is now correcting gains, with many supports near $54,000.

Bitcoin traded as high as $56,694 before starting a downside correction.
The price is still above the $54,000 support and the 100 hourly simple moving average.
There was a break below a key bullish trend line with support near $55,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to find a strong buying interest near the $54,000 support zone in the near term.source

42
Bitcoin has risen from a "tulip bubble" to a potential "preferred currency for global trade", according to a 108-page report of Citigroup. As its market value tops $1 tn, it has become too big an asset for the world to ignore. When we search “Bitcoin” on the Internet, usually we will be introduced to the concepts of decentralization, capped supply, and blockchain technology. These are some of the factors that contribute to Bitcoin’s success. But they have been here since Bitcoin’s birth, so what are other factors that drive Bitcoin’s rallies since 2020? Today we will look into two main driving factors.source

43
Decentralized finance has taken a back seat to nonfungible tokens over the past month but this hasn’t stopped the top DeFi projects from developing and strategizing how to grow their ecosystems and market share.

One project that has outperformed the field as of late is PancakeSwap (CAKE), the Binance Smart Chain-based automated market maker (AMM) that allows users to exchange tokens and earn a portion of fees through yield farming.source

44
1inch’s co-founder speaks on friendly Uniswap rivalry, the DeFi Pulse debacle and Ethereum being both the paint point and savior of DeFi.
1inch is a decentralized exchange, or DEX, aggregator that came onto the DeFi scene in the later part of 2020. The platform’s algorithm searches for the cheapest exchange rates among the DEXes that are integrated into its ecosystem. 1inch also runs the Mooniswap automated market maker.more

45
NFT Marketplaces / NFTs Now Available For Trading on Uniswap (UNI)
« on: March 21, 2021, 02:21:59 AM »
Non-fungible tokens (NFTs) are now available for open trading on the decentralized exchange (DEX) Uniswap (UNI).

The news comes as NFT development company NFTs Group revealed it launched a USDT-NFT pool on the popular DEX earlier today.
Uniswap users will now be able to sell or buy NFTs in a fully decentralized way for USDT. More cryptocurrency and stablecoin options will come soon.

Traditionally, NFT owners or bidding purchasers have to use an NFT marketplace like Nifty Gateway in order to buy or sell NFTs.
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