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Main news and articles about Bitcoin, cryptocurrencies, and blockchain.

bitcoin today - bitcoin and ethereum still cheap - mayors and crypto - shiba inu rises

Bitcoin today: Bitcoin and Ethereum still cheap; Mayors and crypto; Shiba Inu rises

Bitcoin and Ethereum are rising, but still look cheap Several experts believe Bitcoin and Ethereum, the two biggest cryptos, are still undervalued. According to Sean Farrell, director of digital asset strategy at Fundstrat Digital Asset Research, Bitcoin is still inexpensive relative to conventional equities markets. Farrell compares Bitcoin to equities using price-to-book value. He relates Bitcoin’s price to the cost of mining or processing network transactions, using miner profits as a proxy for hardware and energy expenses. According to Farrell, Bitcoin’s “price to book” is comparable to utilities and below sectors like...

$SHIB, Bitcoin, Coinbase, Cryptocurrencies, Ethereum, Main

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Bitcoin today: ETFs; Nuclear Powered Bitcoin Mining; Replacing gold with Bitcoin

Bitcoin ETFs The SEC may approve up to four bitcoin futures ETFs in October. SEC Chair Gary Gensler has been more receptive to bitcoin futures ETF. The US Securities and Exchange Commission may approve up to four bitcoin futures exchange-traded funds in October, a major victory for the $6 trillion ETF sector. According to Bloomberg Intelligence, the SEC must accept, deny, or postpone four petitions this month. There is also the Invesco Bitcoin Strategy ETF, VanEck Bitcoin Strategy ETF, and Valkyrie Bitcoin Strategy ETF. They will not hold the underlying digital asset. Instead, these funds will own bitcoin contracts, which are governed...

Bitcoin, Cryptocurrencies, Main

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Play-To-Earn - greatest games to play and win crypto today

Play-To-Earn: greatest games to play and win crypto today

By Juan Mende. Play-to-earn is a model for games where players can earn real money or other rewards by playing.  The play-to-earn market has been growing rapidly, especially in the last few months. The growth has been so rapid that it is hard to keep up with all the changes. In 2020, gamers exhibited interest during and after quarantine. From January to December, DappRadar reports a 35% rise in daily activity for all crypto games on PC, Android, and iOS. The market value increased by 191 percent to finish the year at $173.5 million each day. In early 2021, a wave of NFT (non-fungible tokens) overtook the gaming industry, some...

Crypto Games, Cryptocurrencies, DeFi, Ethereum, Main

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Cardano Alonzo: solving long-standing crypto problems

Cardano Alonzo: solving long-standing crypto problems

Following a significant update over the weekend, the Cardano network now allows users to execute smart contracts, boosting its competitiveness against larger competitor Ethereum. For many users, the event may signal the conclusion of certain long-standing Ethereum Network problems. The soon-to-be-famous On September 12, 2021, the Cardano blockchain completed its Alonzo update successfully. Following the conclusion of the Alonzo hard fork, Cardano announced the deployment of “Plutus smart contract capabilities” in a blog post. Plutus smart contracts in action Input-Output (IOHK), Cardano’s partner, successfully filed...

#ADA, Blockchain, Cardano, Cryptocurrencies, DeFi, Featured, Main

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Play to earn

Play to Earn

Traditional video games, or as we knew them until now, did not give any type of reward. But with the crypto revolution, a new type of game was created, play to earn. Actually, the concept of a game close to playing to win has been around for some time. in role-playing games like World of Warcraft, where individuals accumulate rare goods in these massively multiplayer online role-playing games (or MMORPGs) and sell them to the highest bidder for cash. Some people have even sold high-end accounts in other games for up to tens of thousands of dollars. But this was just a preamble to this new model that has matured quickly, with...

Blockchain, Featured, Main, NFTs

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The biggest hack in DeFi history

The biggest hack in DeFi history

This week, hackers stole about $600 million worth of cryptocurrency from a Decentralized Finances (DeFi) network that specialized in enabling users to move digital assets linked to one blockchain to another. PolyNetwork, a multi-chain interoperability technology, is at the heart of one of the largest hacking attacks in history. PolyNetwork connects several of the world’s leading digital ledgers and blockchains, but it revealed on Tuesday that a hacker or hackers had discovered a weakness in its system, allowing them to access different digital ledgers and withdraw money from the network to their own online wallets. PolyNetwork...

Cryptocurrencies, DeFi, Featured, Main

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What are NFT avatars?

What are NFT Avatars?

The most common kind of asset created on the Ethereum blockchain network is non-fungible tokens (NFTs). ERC stands for “Ethereum request for comment” and refers to the network’s many phases of development. The most widely used standard is ERC20, which was adopted in 2015. USDT (USDT), USDC (USDC), Basic Attention Token (BAT), and Dai (DAI) are just a few of the well-known digital currencies that utilize the ERC-20 standard. While each token in the ERC-20 standard is fungible, meaning that each coin or token unit is equivalent to every other coin unit, each unit in the ERC-721 standard is unique.  ERC-721 is...

Blockchain, Featured, Main, NFTs

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London Fork

London Fork

Cryptocurrency investors may be aware of the “London hard fork,” a significant Ethereum update. London’s hard fork occurred nearly exactly on time at 12:33 p.m. UTC on Thursday, during the height of the 12,965,000 block, bringing in EIP 1559. The ‘London hard fork’ is a forerunner to Ethereum 2.0 and introduces significant changes to the network, including how mining will be done in the future and the nature of transaction fees. With the upgrade implemented, Ethereum’s market structure will undergo a major makeover in terms of network transaction costs and other market characteristics, such as gas...

Ethereum, Featured, Main

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Bitcoin whipsawed

Bitcoin Whipsawed: Is It Time to Buy?

WhipsawedSubjected to a double loss, as when an investor has bought a stock at a high price soon before it declines and then, in order to make good the loss, sells it short before it advances. Bitcoin price After a recent selloff, bitcoin soared to more than $40,000 for the first time in nearly six weeks on Monday, signaling a shift in market sentiment towards an uptrend. Bitcoin last traded above the $40,000 mark on June 16, according to CoinMarketCap. Bitcoin price chart – by Tradinview The price of Bitcoin later fell on Monday when Amazon refuted a story that assumed the retail giant would start accepting bitcoin...

Bitcoin, Cryptocurrencies, Featured, Main

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Fastest Growing Cryptocurrencies

Fastest Growing Cryptocurrencies

The cryptocurrency market has seen a significant shift over the last six months, as the frenzy around Bitcoin has subsided and a new, more measured approach has developed. In their stead, other currencies have risen in value significantly since. There is a widespread perception among cryptocurrency enthusiasts that Bitcoin will never acquire any momentum. One commonly cited explanation for this is because it has already reached ‘critical mass.’ Others think this is absurd. A currency cannot attain critical mass only via broad use. What matters, though, is the number of individuals ready to trade products and services in return...

Bitcoin, Cryptocurrencies, Featured, Main

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