Topics

31

Crypto Discussion / Can Ethereum Price reach 5K soon?

« on: October 17, 2021, 01:59:54 AM »

Before Ether’s price reaches 5K, there are two important requirements both on a fundamental and technical level. From a fundamental perspective, negative events such as exchange hacks, governments crypto bans, or negative ratings from hedge funds would create FUD and drive prices downwards. This happened on multiple occasions previously, and such events usually end the uptrend, coupled with profit-taking.

From a technical aspect, prices need to first reach the previous all-time high, consolidate for a brief period before reaching 5K. In figure 2, we can see an estimated path for ETH prices based on previous price-actions.
Source:click

32

Crypto Discussion / Ethereum Price Prediction – Where are ETH prices Going?

« on: October 17, 2021, 01:58:36 AM »

Despite several crashes, Ether was still on an uptrend. We did witness a heavy adjustment both on the 12th of May and the 7th of September. Despite what the mainstream media said on multiple occasions about ETH prices, it was purely based on FUD and regular descriptive news. Looking at figure 1, we can clearly how ETH prices are on an uptrend, with the previously mentioned price adjustments.

Price adjustments are very important, as they allow prices to breathe after extended uptrends. Most price breathers occur because of profit-taking or a technical short-term bear formed by stronger selling pressure on prices.

For now, prices are definitely eying the upper channel of the uptrend, delimited by the psychological price of 4K, then the previous ATH of USD 4,375.
Source:click

33

Crypto Discussion / Ethereum will SOAR to 5K after Doing THIS!

« on: October 17, 2021, 01:57:11 AM »

As the cryptocurrency market soars, many crypto projects are seeing their valuations grow back again. In fact, Bitcoin managed to pull back the entire cryptocurrency market from a worrisome downtrend. In a week’s time, BTC managed to jump by 10%. Today, Bitcoin breached its 60K mark. On the other hand, Ethereum managed to also regain its uptrend and show another bullrun. In fact, Ethereum is eyeing its previous all-time valuation of USD 4,375. This time, the technicals are in place to break yet another new psychological area. Will we witness an Ethereum 5K price before 2022? Let’s do some analysis to better assess where the market might lead ETH prices.Read

34

Crypto Discussion / MakerDAO Team Recovers 63 ETH for Rightful Owner

« on: October 16, 2021, 08:00:43 AM »

Engineers for the DeFi DAO have successfully recovered roughly 63 ETH for its rightful owner. After more than three weeks of thinking they had lost 63 ETH forever, an Oasis user was notified that their funds had been returned. The MakerDAO Protocol engineering team was able to return what the user described as “literally everything I had in the world besides my car.”
Source:click

35

Crypto Discussion / Coinbase Observes Outflow Of 400,000 ETH

« on: October 16, 2021, 07:57:54 AM »

 pointed out by a CryptoQuant post, about 400k ETH (1.5 billion at the current exchange rate) was withdrawn yesterday from the crypto exchange Coinbase.

The indicator used here is the Ethereum outflow, which shows the total number of coins exiting wallets of the exchange.

When the metric shows a big spike, it means a lot of ETH was withdrawn from the exchange. Investors usually take out a lot of coins to either hodl them or to sell them through OTC deals.

So, constant outflows can mean that there is a buying pressure in the market and investors feel bullish on Ethereum.

Now, here is how the chart for the indicator looks like for the crypto exchange Coinbase.source

36

Crypto Discussion / South Korean crypto exchange toughens anti-money laundering efforts

« on: October 13, 2021, 03:08:17 PM »

Coinone announced yesterday it has established an anti-money laundering (AML) center and is making Suspicious Transaction Reports (STRs) to financial authorities. Coinone’s AML Center, along with its partner NH Nonghyup Bank, will conduct know-your-customer (KYC) verifications, investigate incidents and disputes, and establish a cooperative system with outside parties. Coinone has also completed basic training for AML center employees on anti-money laundering efforts and reporting suspicious transactions, and plans to expand the center through additional recruitment.
The Suspicious Transaction Report (STR) system is a legal and institutional device for detecting and preventing the laundering of illegal funds. Financial companies such as banks and securities firms are obligated to monitor transactions suspected of money laundering and report them to the Financial Intelligence Unit (FIU). Coinone, after submitting a regulatory compliance report to the FIU last month, is now classified as a financial company and must comply with relevant obligations.source

37

Crypto Discussion / China's WeChat Now Blocks Search Results for Crypto Exchanges

« on: October 13, 2021, 03:06:36 PM »

WeChat, China’s “super app” with over one billion users, has banned searches for Huobi, Binance and other cryptocurrency exchanges, according to blogger Colin Wu.

After China declared that foreign exchanges couldn’t serve residents from mainland China in September, trading platforms rushed to ban Chinese users from trading.

As reported by U.Today, Huobi will retire all of its Chinese users by the end of the year.

In a WeChat group, Leon Li, the founder of Huobi, recently explained that the exchange would be leaving China forever due to the dizzying crackdown.

In late July, Huobi also dissolved its Beijing entity that was established back in 2013. During the same month, Binance’s website was also blocked by China’s “great firewall.”

In June, Baidu and other popular search engines banned searches related to crypto exchanges.source

38

Crypto Discussion / Binance Completes USDC-SPL and USDT-SPL Token Integration

« on: October 13, 2021, 03:00:41 PM »

Binance completes the USDC-SPL and USDT-SPL integration and has opened deposits and withdrawals for USDC and USDT on Solana network (SPL). Please find your assigned USDC and USDT deposit addresses on the Solana network in the Deposit Crypto page.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

39

Crypto Discussion / Bitcoin Address Transfers 3,600 BTC to Bitfinex

« on: October 13, 2021, 02:58:15 PM »

The total value of the transfer stands at around $207 million. Bitcoin, the world’s largest cryptocurrency, saw a sharp increase in its whale movements during the latest bullish rally. According to Whale Alert, a leading blockchain tracking and analytics company, BTC millionaire wallet moved $207 million worth of coins from Xapo to Bitfinex.

On 12 October 2021, a leading Bitcoin address transferred 3,600 BTC to crypto exchange Bitfinex. In a separate transfer, BTC millionaire moved 2,600 coins worth approximately $150 million from Xapo to an unknown wallet.click More

40

Crypto Discussion / Indian Crypto Exchange Allows Users To Buy Pizza, Ice Cream And Coffee Using Bit

« on: October 13, 2021, 02:54:35 PM »

Even though the naysayers continue to harp on how the digital asset industry is one big bubble waiting to collapse, there is no denying that crypto adoption has continued to thrive over the last couple of years, even in countries where one would least expect.

A perfect example of this is India, where a local exchange called Unocoin — which was founded back in 2013 — is now allowing locals to swap their Bitcoin (BTC) in exchange for vouchers that can allow them to buy pizzas, ice creams, coffees, and much more.

And while the entire scheme sounds quite straightforward on paper, as per a statement released by the company, the implementation is going to be carried out in a step-by-step manner initially, especially because exchanging crypto for consumer items in India requires a lot of regulatory clearances.
Source:click

41

Bengali Language / Update news of IPL/BPL/ T20/One-day/Test cricket

« on: October 09, 2021, 05:17:25 AM »

এই টপিকটি শুধুমাত্র ক্রিকেটের বিভিন্ন আপডেট নিউজ জানার জন্য তৈরি করা হলো। অন্যান্য ফোরামে ক্রিকেটের জন্য বিভিন্ন ট্রপিক খোলা হলেও আমাদের এখানে ক্রিকেটের জন্য কোন স্বতন্ত্র টপিক নেই। তাই সকলে মিলে এখানে ক্রিকেটের বিভিন্ন আপডেট সম্পর্কে সর্বদা তথ্য শেয়ার করব।

42

Crypto Discussion / What's your first investment Coin?

« on: October 09, 2021, 05:05:05 AM »

When I first entered in cryptocurrencies market then I have no idea about cryptocurrencies investment and trading . But after passing several months without any investment I thought then with only number one currency Bitcoin. My first investment coin only Bitcoin.

43

Crypto Discussion / Why are you use trust wallet?

« on: October 09, 2021, 05:01:08 AM »

Trust Wallet is one of the most popular wallets I have ever used . Trust wallet has a good features of dapps with different decentralized exchange like uniswap and pancakeswap. It has no required to login again and again. 

44

Crypto Discussion / Sync Network Combines DeFi & NFTs to Create Real Use-Cases for NFT Users

« on: October 07, 2021, 03:42:02 PM »

At this point, non-fungible tokens, popularly known as NFTs, need no introduction. A by-product of blockchain technology, these digital collectibles have seemingly established themselves as digital diamonds and created immense new opportunities in industries like art, entertainment, and gaming.
However, while NFT sales are skyrocketing, financial experts from across the globe are still debating whether these digital collectibles have any use-cases at all. To their satisfaction, most NFT projects too haven’t yet been able to present any use-cases for the “JPEGs”. But the SYNC Network is changing this for the better.
By combining NFTs with DeFi, the SYNC network is actively changing the way the DeFi ecosystem operates and cementing the place.see details

45

Crypto Discussion / YouClout Launches its TikTok-style NFT Marketplace

« on: October 07, 2021, 03:39:23 PM »

Since the creation of social networks, influencers have had to use different platforms to massify their content. As a result, they had to spend less time doing the most important thing: creating content. With YouClout marketplace influencers can focus more on creating value-worthy and centralize their efforts on one platform, allowing their content to be easily and securely monetized.
YouClout is the first NFT platform built on the Cardano blockchain which lets creators tokenize their content and sell it in the same place. YouClout marketplace is the first community-driven virtual social network with a dynamic 3D metaverse where anyone can engage with influencers.

In addition, the YouClout marketplace will be launched on October 7th at 12:00 UTC and the platform will be compatible with mobile devices and PC.

With YouClout content creators will be able to 100% own their content and easily boost the scope of their creations. Moreover, this will be possible by a set of specialized tools that will use artificial intelligence and blockchain technology. These tools will enable interaction between fans and brands. As a result, influencers will be able to scale their fanbase, have better engagement and boost their NFT sales. Creators can generate continuous streams of video content, have it listed in the marketplace where buyers can purchase it with a single swipe. The buyers can choose to store the NFT in their wallets or in the treasury smart contract.

Also, YouClout will have 2 unique monthly collections of NFT with real-life stories of different artists with a very limited supply.

On the other hand, YouClout has a native token, $YTC, that enables creators to easily and securely tokenize their content with an optimized experience. Also, with the $YTC token, influencers and users can:see more