Cryptonews

Cryptonews


'The Reckoning' & 'The Best Time' to Enter Bitcoin Mining as Firms Diversify Amid Bear Market

Posted: 16 Jun 2022 10:00 AM PDT

 
Some Bitcoin (BTC) and crypto miners are working to diversify their operations amid the bear market, trying to gain revenue streams unrelated to mining. At the same time, the current market reveals "who has been conservative and who has been 'apeing' in," panelists at a mining discussion agreed....
Read More: 'The Reckoning' & 'The Best Time' to Enter Bitcoin Mining as Firms Diversify Amid Bear Market

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Three Arrows Keep Hurting Crypto Market, Circle's Euro Coin in US, Samsung's Wallet + More News

Posted: 16 Jun 2022 09:05 AM PDT

 
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.
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Read More: Three Arrows Keep Hurting Crypto Market, Circle's Euro Coin in US, Samsung's Wallet + More News

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Bitcoin, Ethereum Struggle a Day After Fed's Record Rate Hike as Analysts Hope for a Bounce

Posted: 16 Jun 2022 08:24 AM PDT

 
The bitcoin (BTC) and broader crypto market failed to recover higher and returned to the selloff on Thursday, after a brief rally following the US Federal Reserve's (Fed) announcement on Wednesday that it had raised rates by 75 basis points, its largest rate hike since 1994....
Read More: Bitcoin, Ethereum Struggle a Day After Fed's Record Rate Hike as Analysts Hope for a Bounce

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TAG Heuer to Allow Users to Display NFTs on Their Smartwatches

Posted: 16 Jun 2022 07:36 AM PDT

 
Swiss luxury watchmaker TAG Heuer has pushed deeper into Web3 with the introduction of a new feature that would allow users to display their non-fungible tokens (NFTs) on the face of their smartwatch.
The new functionality will be added to the Tag Heuer Connected Calibre E4 smartwatch, with current owners being able to add support for the feature with a free update via Apple's App Store and Google's Play Store, the company said in a blog post....
Read More: TAG Heuer to Allow Users to Display NFTs on Their Smartwatches

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Top Blockchain Non-Financial Applications According to Vitalik Buterin

Posted: 16 Jun 2022 06:03 AM PDT

 
Ethereum (ETH) co-founder Vitalik Buterin has been quite vocal recently about the non-financial applications of blockchain technology and has published a paper on June 12 listing some use cases.
In a paper titled "Where to use a blockchain in non-financial applications," in the first place, the Ethereum mastermind said one of the biggest challenges in a cryptographic account system is the issue of private key changes. ...
Read More: Top Blockchain Non-Financial Applications According to Vitalik Buterin

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Bitcoin and Ethereum Retreat From Key Hurdles, Altcoins Trim Gains

Posted: 16 Jun 2022 04:57 AM PDT

 
Bitcoin price attempted a recovery wave above the USD 22,000 resistance. BTC even cleared the USD 22,500 level, but the bears were active near USD 23,000. BTC is currently (11:44 UTC) trading near USD 21,200 and is unchanged in a day and down 26% in a week.
Similarly, most major altcoins failed to clear key hurdles. ETH struggled to surpass the key USD 1,250 resistance zone. XRP topped below USD 0.35 and corrected gains. ADA failed to stay above the USD 0.50 pivot level....
Read More: Bitcoin and Ethereum Retreat From Key Hurdles, Altcoins Trim Gains

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