Thecryptocoinreport (2024)

10/09/2022

Starting your crypto journey can be as easy as buying your first Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), or perhaps any other cryptocurrency. However, irrespective of how you choose to start or continue this journey. Having a diversified portfolio of tokens is one of the best moves. You should consider your asset allocation and adjust
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Starting your crypto journey can be as easy as buying your first Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), or perhaps any other cryptocurrency. However, irr

09/09/2022

Cardano founder Charles Hoskinson once again found himself under the target of the Ethereum Classic community member who accused the former of profiting from ETC miners by imposing a 20% miner tax. The ETC advocate brought up Hoskinson’s name during the discussion of the future of the asset. In his response, Hoskinson lamented that he
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Cardano founder Charles Hoskinson once again found himself under the target of the Ethereum Classic community member who accused the former of profiting from ET

09/09/2022

Binance.US, the U.S.-based subsidiary of the world’s largest cryptocurrency exchange, has launched a high-yield staking service for Ethereum (ETH) just days before the long-awaited merge.

Binance US Launches ETH Staking

In a blog post on September 7, Binance.US announced the launch of its Ethereum (ETH) staking service, which offers its users an initial annual percentage yield (APY) of 6%.
The 6% APY offered by Binance is almost twice what other exchanges offer. For example, Coinbase offers ETH staking with an APY of 3.28%, while Lido Finance offers an APY of 3.5%.
In addition, while direct staking on the Ethereum network requires a minimum of 32 ETH to be locked, Binance.US announced that as low as 0.001 ETH ($1.51) can be staked on its platform.

Binance Supports the Merge

The timing of the support for ETH staking by Binance.US comes just days before Proof-of-Stake goes live on Ethereum’s mainnet.

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Binance.US, the U.S.-based subsidiary of the world’s largest cryptocurrency exchange, has launched a high-yield staking service for Ethereum (ETH) just days b

09/09/2022

The post Shiba INU Price Prediction, Will SHIB Price Make it Above $0.000014 This Week? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The Shiba INU bulls seem to have given tough competition to the bears as the price regains the crucial support levels. In an upcoming couple of days, the SHIB price is expected to leap long as the bears are slowly losing their strength. Therefore, with a slight upward push, the prices could regain their September highs.

The popular meme coin in the short term as well as in the long term is trying hard to break above the Moving Average (MA)- 50 barriers after a positive rebound from the recent lows. While the bulls are utilizing all their resources to break through this barrier, but have not yet registered a successful breach.

Presently, the investors are expected to enter and uplift the price past the crucial 50-day MA at $0.0000125. Further, the asset may face the next hindrance at $0.0000134,

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The post Shiba INU Price Prediction, Will SHIB Price Make it Above $0.000014 This Week? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Cr

09/09/2022

On the 8th of September, the number of Solana (SOL) transactions are approaching 100 billion. Once named the Ethereum killer, the Solana blockchain had a rough patch this year related to its blockchain efficiency.
According to Solana’s blockchain explorer, the network has processed 96 billion transactions. It is currently processing an average of 2,470 transactions per second, far below the network’s touted capacity of up to 50,000.

Solana’s Network Outages

Market data shows that while the flagship cryptocurrency Bitcoin lost around 60% of its value this year, Solana lost approximately 79% of its value. Total value locked on Solana’s decentralized finance (DeFi) space has also been dropping.
The network has faced a variety of challenges in 2022; notably, it suffered a number of outages so far that affected users’ confidence in it.
Solana has experienced at least seven network outages since its inception in 2020, with five significant incidents occurring in 2022.

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On the 8th of September, the number of Solana (SOL) transactions are approaching 100 billion. Once named the Ethereum killer, the Solana blockchain had a rough

09/09/2022

As the grand launch of Shibarium nears, Bone ShibaSwap (BONE) is making an impression on the crypto world once again. The governance token by Shiba Inu (SHIB) Ecosystem has almost doubled in the last fortnight.

ShibaSwap, $BONE, is up ~100% to $1.60 in the past 2 weeks, following the upcoming Layer-2 upgrade. https://t.co/bfGRbZeQUg pic.twitter.com/2kYnhiNwZV— CoinGecko () September 7, 2022

Bone ShibaSwap (BONE) Keeps Growing

The governance coin Bone ShibaSwap (BONE) keeps overcoming obstacles that most of the Top 20 cryptocurrencies by market cap fall to easily. Inflation, increased Fed rates, the war in Ukraine, and selling sprees by Ethereum (ETH) whales cannot stop $BONE’s growth.
Even though the token has a horizontal area of support at $1.20, the Bone ShibaSwap (BONE) token managed to gain 5.8% in the last 24 hours, according to CoinGecko. At the time of publication, $BONE trades at $1.71.

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As the grand launch of Shibarium nears, Bone ShibaSwap (BONE) is making an impression on the crypto world once again. The governance token by Shiba Inu (SHIB) E

09/09/2022

Solana-based NFT collection ‘ABC’ is the most traded collection in the past 24 hours, beating the Ethereum-based Otherdeed, and Bored Ape Yacht Club, which are listing second and third.
According to the cryptoslam.io, ‘ABC’ collection in a week jumped from the 9th position to first. At the time of writing, the total sales of the collection are $2,139,047, and it is 94.11% increase in the past 24 hours.

Mysterious NFT Collection

ABC isn't a project, it's just Art that I resonate with as I always miss the time when we are kids.Things are more simple when we are kids, I miss it, I wanna do something to bring me closer to it.This is not a typical project, there is no company or team working behind it.— HGE.SOL () August 22, 2022

ABC or Abracadabra NFT collection consists of 10K immutable NFTs. The description states that the collection is “made to remind you of how fun things were when we were kids, before growing up – let’s never stop having fun!”
This

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Solana-based NFT collection ‘ABC’ is the most traded collection in the past 24 hours, beating the Ethereum-based Otherdeed, and Bored Ape Yacht Club, which

23/08/2022

The post This is the Main Target for the Bitcoin(BTC) Price in the Coming Fortnight! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

It has been more than 60 days since the Bitcoin price consolidated below $25,000 looking out for an opportunity for a breakout. The recent spike close to $25,000 was believed to be the revival of a bullish trend as the path towards $30,000 appeared pretty clear.

However, the recent price plunge slashed the asset lower hurting the trader’s sentiments who now believe the July lows may be retested again.

While the entire crypto space was somewhat bullish on BTC price, a popular analyst il Capo of Crypto always warned his 483.6K followers about the upcoming dump. While the plunge has substantiated the claim, the analyst believes the Bitcoin bottom is yet to be reached.

Source: Twitter

As seen in the chart, the asset has broken down from the trend line and hence is believed to drain in a bearish well.

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The post This is the Main Target for the Bitcoin(BTC) Price in the Coming Fortnight! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypt

23/08/2022

Cardano ecosystem developer Adam Dean, who said in a Friday thread on Twitter that Cardano’s testnet was “catastrophically broken,” has asserted that the Vasil hard fork is now “better than ever.”

Vasil Is Now Better than Ever

On Friday, Adam Dean called on Charles Hoskinson to deploy the tooling needed for a disaster recovery plan as nodes 1.35.2 and 1.35.3 were out of sync after a bug had “catastrophically broken” the latter.
The report was ill-received by the operators of stake pools on Cardano, who said Hoskinson was rushing the process of the hard fork. Defending himself, the Cardano founder reported that the code causing the problems had been removed.
The Cardano ecosystem developer has also changed his earlier stance, now saying that they were “building together,” and the Cardano testnet is now “better than ever.” Dean tweeted:

IYKYK... Building, together, stronger, better than ever.

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Cardano ecosystem developer Adam Dean, who said in a Friday thread on Twitter that Cardano’s testnet was “catastrophically broken,” has asserted that the

23/08/2022

Read in the Digest:

Metaliums Project will burn shiba tokens, will the project make the token to goes up in the near term?

Market update: BTC and ETH consolidate. Today’s biggest gainer and loser

Ethereum staking speeds up, Ethereum Classic hashrate hits all-time high

Australia will use “token mapping” as a framework to regulate crypto

Ronin hackers convert stolen ETH funds into BTC using sanctioned mixers

Charles Hoskinson apologizes to the operators of Cardano stake pools

Market Update: BTC and ETH Consolidate. Today’s Biggest Gainer and Loser

The crypto market’s strong performance in August abruptly ended last week after the United States Treasury Department released its FOMC minutes. However, cryptos, led by Bitcoin, are now looking to stabilize.
After falling from a high of $24k to as low as $20,800 over the weekend, the price of Bitcoin is now back above the $21k mark. Bitcoin now trades at $21,300, after peaking at an interday high of $21,668.

The 24-hour price chart for Bitcoin (BTC).

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Read in the Digest: Market update: BTC and ETH consolidate. Today’s biggest gainer and loser Ethereum staking speeds up, Ethereum Classic hashrate hits all

23/08/2022

In the cryptocurrency market, there are two modes of consensus that the majority of cryptocurrencies abide by. They are Proof-of-Work (PoW) and Proof-of-Stake (PoS). Newer cryptocurrencies often gravitate towards PoS because of its nominal fees, faster speeds, high security, and reduced impact on the environment.
Bitcoin (BTC) is the pioneer of the crypto world. Its PoW consensus paved the way for thousands of cryptocurrencies to follow. Its popularity is unfathomable as its market capitalisation makes up almost half of the whole crypto market. However, its inception was thirteen years ago, and the crypto market has come a long way since.
Dogecoin (DOGE) also utilises a PoW consensus algorithm notorious for low transaction speed and high carbon emissions. The loveable Doge meme inspired Billy Markus and Jackson Palmer to construct the first meme coin in existence. As you know, Dogecoin grew far beyond their expectations and became somewhat of a pioneer in the meme coin market.

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In the cryptocurrency market, there are two modes of consensus that the majority of cryptocurrencies abide by. They are Proof-of-Work (PoW) and Proof-of-Stake (

23/08/2022

In spite of Shiba Inu’s (SHIB) boat getting heavily rocked by Ethereum (ETH) whales last week, the top canine coin Shiba Inu (SHIB) became a top hit among the 100 largest whales. This is evident by statistics provided by WhaleStats, claiming a total of $155,613,759, which is almost double the capitalization of $BIT and $LOCUS, which stand at $85,475,623 and $77,398,824, respectively.

The top 100 whales are hodling$155,613,759 $SHIB$85,475,623 $BIT$77,398,824 $LOCUS$64,612,224 $MKR$45,738,864 $BEST$44,322,056 $MOC$43,710,843 $LINK$41,188,732 $MANAWhale leaderboard https://t.co/N5qqsCAH8j pic.twitter.com/MSWDmmZywg— WhaleStats (free data on crypto whales) () August 22, 2022

SHIB Army Puts in the Hard Work

Despite counting its losses from last week’s crypto massacre, Shiba Inu (SHIB) still holds strongly onto the position by market capitalization. At press time, the dog-themed meme coin trades at $0.00001299, which is 2% less than 24 hours ago.

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Will Metaliums Metashibs NFT impact the price of Shiba token? The Metaliums team wants to burn billions not millions but it all depends on the shiba community.

19/08/2022

The post Bitcoin Price To Rise Or Fall? Here Is What Market Participants Expect appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

On August 15, the Bitcoin price touched $25,000 before sliding down towards the $24,000 range. Since then, the flagship currency has been facing a ‘pendulum’ price action movement. While market participants remain hopeful of an uptrend, the price stands on shaky grounds at the moment.

Previously, Bitcoin critic Peter Schiff had predicted that the flagship currency was about to crash because he believed that the bearish market would pull down BTC all the way to the $10,000 level.

Just to put the rally into perspective, take a look at this chart. The pattern remains very bearish. There's both a double top and a head and shoulders top. There's a rising wedge forming below the neckline. At a minimum support will be tested below $10K. Look out below! pic.twitter.com/OHNhwsgxxs— Peter Schiff ()

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On August 15, the Bitcoin price touched $25,000 before sliding down towards the $24,000 range. Since then, the flagship currency has been facing a

18/08/2022

The post A Crucial Time For Bitcoin Price With FOMC Minutes Release Today appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

On July 27th the Federal Reserve held its Federal Open Market Committee meeting and today around 2pm EST the minutes of the meeting are said to be released.

Now, with a decreased inflation rate, the market is hopeful that the Federal Reserve might slow down on its increased interest rates, yet nothing is clear.

While the global market awaits the release of FOMC minutes, it’s been reported that Bitcoin withdrawal on the exchanges are seeing a rise.

The Bitcoin price which was trading around $24,000 for most of the weeks, has now declined towards $23,000 level. The upcoming US Federal Reserve’s FOMC minutes of meeting reports is likely to impact further price action of Bitcoin.

The Chairman of the US Federal Reserve, Jerome Powell, informed consumers that an abnormally sudden surge may be relevant.

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On July 27th the Federal Reserve held its Federal Open Market Committee meeting and today around 2pm EST the minutes of the meeting are said to be released. No

18/08/2022

Read in the Digest:

Bitcoin and Ethereum lose grip on key levels, EOS rallies 20% in best daily performance

Bankrupt crypto lender Celsius gets approval to sell mined Bitcoin

Crypto.com receives an FCA license to operate within the U.K.

A new lawsuit alleges Coinbase’s lax cybersecurity enabled asset theft

SEC files lawsuit against Dragonchain for offering illegal securities

Bitcoin and Ethereum Lose Grip on Key Levels, EOS Rallies 20% in Best Daily Performance

After days of consolidating around critical levels, Bitcoin and Ethereum have lost their grip as the crypto market slumps.
Bitcoin is down by 7% over the last 24 hours to trade under $23,600, the lowest price BTC has recorded since August 10. The decline comes after Bitcoin failed to break above the critical $25k levels.

The 24-hour price chart for Bitcoin (BTC). Source: CoinMarketCap

The story is the same for Ethereum, Bitcoin’s biggest rival.

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Read in the Digest: Bitcoin and Ethereum lose grip on key levels, EOS rallies 20% in best daily performance Bankrupt crypto lender Celsius gets approval to s

18/08/2022

It’s all sunshine and rainbows for Shiba Inu (SHIB) this week, as the dog-themed memecoin has enjoyed a 53.8% gain in the last 7 days. The well-known crypto analyst and influencer David Gokhshtein has stepped in to offer his perspective on the recent positive developments for both top dog coins. While Gokhshtein expects Shiba Inu (SHIB) to make another bull run, the crypto enthusiast also admitted that rival Dogecoin (DOGE) “looks like it wants to break out.”

$SHIB looking to make another move.— David Gokhshtein () August 17, 2022

Shiba Inu (SHIB) Is Getting Ready for Round Two

Firstly, the crypto influencer remarked that “Shiba Inu looks like it’s fueling up for another leg” in his live stream, while also tweeting it on August 15th. At the moment, Shiba Inu (SHIB) sits near a key resistance level and with “ ” and “Shiba Eternity” trending on Twitter for the second day in a row, the possibilities are endless.

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Source: , thecryptocoinreport.com

It’s all sunshine and rainbows for Shiba Inu (SHIB) this week, as the dog-themed memecoin has enjoyed a 53.8% gain in the last 7 days. The well-known crypto a

18/08/2022

The post Here’s is When Cardano (ADA) Price May Rise High by 20% to Hit $0.64 appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Cardano’s (ADA) price action was pretty bullish but the recent price actions had significantly dropped the price within the same descending triangle again. The traders are currently waiting for the confirmation of the ADA price trend and awaiting for the bulls or the bears to display their dominance.

Considering the present price movement, the possibility of a correction appears to be pretty high and may drag the price below $0.55 which could rise the price beyond $0.687 ahead.

The ADA price has faced huge barriers within its rally before as the monthly resistance is decremental. Therefore, following a bullish pattern, the asset is expected to slide down heavily as an outcome of a double-top pattern.

Presently,

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The post Here’s is When Cardano (ADA) Price May Rise High by 20% to Hit $0.64 appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto G

18/08/2022

- Both dog-themed coins recorded massive ~30% weekly gains
- Dogecoin (DOGE) re-entered the top 10 by market cap
- and Shiba Inu are trending on Twitter
- Despite DOGE regaining its position, SHIB Twitter surpasses DOGE

Shiba Inu (SHIB) and Dogecoin (DOGE) have made a huge contribution to the crypto renaissance, as the top dog tokens are leading the markets, spiking by 22.7% and 33% on weekly terms, respectively.

Both top dog coins have major catalysts right now! $shib $doge Dogecoin - the launch of which requires wrapped DOGE for trading Shiba Inu - the coming launch of their layer two Shibarium Seems like every dog does have its day!— Lark Davis () August 16, 2022

Recent Developments Aroused Community Interest

It is fair to say that both the SHIB Army and DOGE Army have been as active as ever recently.

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Both dog-themed coins recorded massive ~30% weekly gains Dogecoin (DOGE) re-entered the top 10 by market cap and Shiba Inu are trending on Tw

18/08/2022

The post Uniglo (GLO) Expected a 10x Launch. Ethereum Classic (ETC), Shiba Inu (SHIB), and Chainlink (LINK) Holders are Bullish appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Is it a good time to start investing in cryptocurrencies? It depends. A cautious investor might say your money would be better served in more stable markets. But an investor interested to know more about what’s happening in the digital asset space might be more willing to absorb a bit of risk in exchange for massive, diversified growth.

So what is there to know about the crypto world? In the past months, most if not all crypto assets have been negatively impacted by macroeconomic factors. However, the platform for building distributed applications (DApps) and smart contracts market is turning a corner.

Now that the crypto market is seeing signs of recovery, investing in digital currencies could generate serious profits in the next few months.

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The post Uniglo (GLO) Expected a 10x Launch. Ethereum Classic (ETC), Shiba Inu (SHIB), and Chainlink (LINK) Holders are Bullish appeared first on Coinpedia - Fi

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