crypto blog
Eco-friendly Bitcoin mining pool PEGA Pool set for public launch in Q1 2023
PEGA Pool, a Bitcoin mining pool that will allow ASIC miners to connect and cooperate in mining bitcoin, is set for public launch in Q1 2023. The mining pool is currently in the pre-launch phase. KEY TAKEAWAYS PEGA Pool is a Bitcoin mining pool. ASIC miners will be able to connect to the pool and cooperate in Bitcoin mining. PEGA Pool is currently in the pre-launch phase and will be open to public launch in Q1 2023. Those interested in mining bitcoin using the pool can join the early access waiting list. At the moment, the only clients mining bitcoin with PEGA Pool are a few beta testers and PEGA Mining, which is a sister company to PEGA Pool. PEGA Pool features PEGA Pool stands out since it is British-owned and operated in an era when most mining pools are Chinese. This makes PEGA Pool mo...
Blockchain-based fintech company prepares to enter $500B freight settlement market
The world is quick to blame inflation for the rising prices at grocery stores and retailers. This was the #1 political issue for recent Election Day voters in the United States. For example, media sources recently reported poll data that 85% of Americans could not afford to spend $200 on a Thanksgiving meal in November 2022, and only 25% could afford $100. However, few recognize inflation is only part of the problem. Higher costs for products and services are also directly attributable to settlement fees paid by transportation providers who are forced to take out the equivalent of payday loans against their freight invoices. Shipper payment terms in the transportation industry are known to be egregious, and most transportation carriers cannot afford to wait 30–180 days to get paid. Wh...
Bitcoin shrugs off BlockFi, China protests as BTC price holds $16K
Bitcoin (BTC) held crucial $16,000 support into Nov. 29 as bulls weathered ongoing FTX fallout and macro triggers. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader teases BTC long as $16,500 reappears Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD leaving lower levels untouched overnight. The pair had seen a flash downturn after the Nov. 27 weekly close thanks to uncertainty from China over COVID-19 measures. A recovery nonetheless took the market higher, with $16,500 coming into play at the time of writing. As Cointelegraph reported, traders and analysts had warned that it was all but essential to preserve current support, with a violation opening up the road to $14,000 or lower. Popular trader Crypto Tony even felt comfortable going long BTC on th...
Dominica works with Huobi for digital identity program
Cryptocurrency exchange Huobi has partnered with the Commonwealth of Dominica to roll out a digital identity and national token service that promises digital citizenship of the West Indian island nation. Not to be confused with the nearby, larger Dominican Republic, Dominica is home to some 72,000 people and is situated in the middle of the Lesser Antilles archipelago. The government is looking to explore metaverse and Web3 technology to drive its development and attract talent from the cryptocurrency and blockchain ecosystem. The island nation is one of the first Caribbean countries to adopt a citizenship-by-investment program. Dominica passports allow access to over 130 countries around the world, including mainland China, Hong Kong, the European Union, Switzerland, the United Kingdom an...
Non-whale Bitcoin investors break new BTC accumulation record
Some non-whale Bitcoin (BTC) investors seem to have had zero issues with the cryptocurrency bear market as well as fear, uncertainty and doubt (FUD) around the fall of FTX, on-chain data suggests. Smaller retail investors have turned increasingly bullish on Bitcoin and started accumulating more BTC despite the ongoing market crisis, according to a report released by the blockchain intelligence platform Glassnode on Nov. 27. According to the data, there are at least two types of retail Bitcoin investors that have been accumulating the record amount of BTC following the collapse of FTX. The first type of investors — classified as shrimps — defines entities or investors that hold less than 1 Bitcoin, $16,500 at the time of writing, while the second type — crabs — are a category of addresses h...
PlayToEarn Blockchain Game Awards 2022 Announced With $10K in Prizes
Singapore, Singapore, 27th November, 2022, Chainwire PlayToEarn.net has announced the Blockchain Game Awards 2022 with $10,000 in prizes for content creators. The public is invited to vote for this year’s best blockchain games. The flagship industry awards recognize the best gaming companies and brands as well as acknowledging outstanding content creators. The winners are determined by the public who can vote on up to five of their favorite games or content creators. For each category voted for, members of the public will receive 20 P2E points. These can be redeemed for various prizes in the P2E shop which is scheduled to launch in January 2023. The voting period starts on December 1 and ends on December 29, with the results being announced two weeks later. Primary categories and prizes in...
Decentraland vs Metacade: How Different Are They Really?
Decentraland (MANA) was an early entrant to the Web3.0 virtual universe on the blockchain. The project was gaining traction in 2020 and when the market for NFTs and digital assets soared in 2021, Decentraland saw its value rocket higher. As the market goes through a recent bear market, investors are now looking for other projects that can be metaverse leaders. Metacade has jumped onto that list and the project has just launched a presale of its MCADE utility token. What is Metacade? Metacade is creating a Web3.0 hub for developers and gamers to meet and collaborate. The project is setting out to build the world’s first community-led play-to-earn arcade on the path to being a leading Game-Fi destination. Metacade’s aim is to attract a thriving community of casual and serious gamers to ...
Metacade (MCADE) has Everything to be One of the Best Metaverse Tokens in 2023; Token Presale is Driving Significant Interest from Investors
With the metaverse tipped to be one of the biggest technological revolutions the world has ever seen, getting in early could generate life-changing gains over the coming decades. But with many new entrants to the market, it can be tricky to find the best metaverse tokens. A new token, Metacade, is currently in presale and has been attracting plenty of attention from metaverse crypto investors. In this article, we’re going to introduce you to Metacade and why it could be one of the best metaverse tokens to invest in for 2023. Why Invest in Metaverse Tokens? Before we cover why Metacade could be one of the best metaverse tokens of 2023, we first need to explain why you should consider investing in the metaverse. According to Grand View Research, the metaverse is one of the fastest-growing in...
How blockchain technology is used in supply chain management?
To trace the activities along the supply chain more efficiently, concerned parties can access price, date, origin, quality, certification, destination and other pertinent information using blockchain. Traceability, as used in the supply chain sector, is the capacity to pinpoint the previous and current locations of inventory and a record of product custody. It involves tracking products as they move through a convoluted process, from raw materials to merchants and customers, after passing through many geographic zones. Traceability is one of the significant benefits of blockchain-driven supply chain innovations. As blockchain consists of decentralized open-source ledgers recording data, which is replicable among users, transactions happen in real-time. As a result, the blockchain can build...
Canada crypto regulation: Bitcoin ETFs, strict licensing and a digital dollar
In October, Toronto-based Coinsquare became the first crypto trading business to get dealer registration from the Investment Industry Regulatory Organization of Canada (IIROC). That means a lot as now Coinsquare investors’ funds enjoy the security of the Canadian Investment Protection Fund in the event of insolvency, while the exchange is required to report its financial standing regularly. This news reminds us about the peculiarities of Canadian regulation of crypto. While the country still holds a rather tight process of licensing the virtual asset providers, it outpaces the neighboring United States in its experiments with crypto exchange-traded funds (ETFs), pension funds’ investments and central bank digital currency (CBDC) efforts. An era of restricted dealers Coinsquare, which...
How low can the Bitcoin price go?
Bitcoin is a “buy the dip” opportunity with the BTC price at $16,000 or a bear market capitulation waiting to happen, depending on who you ask. Bitcoin (BTC) has spent over a year in a downtrend since its $69,000 all-time highs in November 2021. BTC price performance has given investors up to 77% losses, but how much lower can BTC/USD really go? Bitcoin traders and analysts have long agreed that 2022 is the year of the largest cryptocurrency’s newest bear market. After coming off all-time highs to start the year at around $46,000, BTC/USD has offered little relief and has since returned to levels not seen since November 2020, data from Cointelegraph Markets Pro and TradingView confirms. That has placed the pair in historical bear market bottom territory — having lost a maximum ...
Alameda Research withdrew $204M ahead of bankruptcy filing – Arkham Intelligence
According to analysis from blockchain firm Arkham Intelligence, over 50% of the funds transferred after Nov. 6 were in US pegged stablecoins. Alameda Research withdrew over $200 million from FTX.US before it filed for bankruptcy, according to analysis from blockchain firm Arkham Intelligence disclosed on Nov. 25. In a Twitter thread, Arkham revealed that Alameda Research, FTX’s sister company, pulled $204 million from eight different addresses of FTX US in a variety of crypto assets, the majority of them stablecoins, in the final days before the collapse. Arkham analysed flows from FTX US in the final few days before the collapse, finding that Alameda withdrew the most funds, at $204M. Below is a diagram of withdrawals to Arkham-identified entities from FTX US. n.b. this thread rega...
