CryptoSoul

2021-10-21 11:00:26 Ethereum on the Brink of Catching Fire, According to Analyst Justin Bennett – Here’s His Target and Timeline

Widely followed crypto analyst Justin Bennett thinks Ethereum (ETH) is gearing up for another major rally that could launch the crypto asset by nearly 400%.

In a series of tweets, Bennett explains how Ethereum could rally to $20,000 by January 2022 if Bitcoin (BTC) allows for the right market conditions.

 “If $BTC breaks $65,000 without a significant pullback first, $ETH probably matches it with a close above the May trend line.

Would put ETH on track for $20,000 in January. Ouvert / Commentaire

2021-10-20 11:00:16 Secretum: The Much Needed Solution To Today’s Messaging Applications

Secretum, the world’s first and only decentralized, encrypted messaging and OTC trading app powered by Solana blockchain, has set itself as the best messaging app promising to revolutionize the industry.

Secretum is the first decentralized, encrypted messaging app that offers users an intuitive, easy, and direct messaging platform. Secretum is built upon a three-layer architecture – Blockchain, application, and nodes. Ouvert / Commentaire

2021-10-19 19:59:36 CEX.IO Exchange has reduced the fees for withdrawal to Visa cards to 2.5%

Currently, this is the lowest commission for withdrawal to Visa cards among all cryptocurrency exchanges. This promotion will not last long, so hurry to take advantage of this opportunity and register right now! Ouvert / Commentaire

2021-10-19 11:00:36 ProShares Bitcoin ETF To Go Live Tomorrow, Marking Major Milestone For Crypto World

After a myriad of rejections by the SEC over the past years, it has now been officially confirmed that the first-ever Bitcoin ETF in the United States is set to make its debut this week.

ProShares’ ETF To Start Trading On NYSEThis week marks a landmark event in the crypto industry as the first long-awaited Bitcoin ETF in the U.S. will debut on the New York Stock Exchange on October 19. ProShares will launch the Bitcoin Futures ETF known as ProShares Bitcoin Strategy ETF under the ticker BITO. The fund is linked to BTC futures that are traded on the Chicago Mercantile Exchange (CME).

The ETF will finally start trading after a 75-day review period by the Securities and Exchange Commission (SEC) captained by Gary Gensler and will provide investors with a new way to purchase the benchmark cryptocurrency on the stock market. Ouvert / Commentaire

2021-10-18 11:00:19 Eric Rosengren: A Digital Dollar Could Be Great for the U.S.

Eric Rosengren – the former president of the Federal Reserve Bank of Boston – stated in an interview that he is quite fond of the idea of a digital dollar. He thinks the United States would benefit greatly from using such a tool, and he’s convinced it will not get in the way of bitcoin’s path towards greatness.

Eric Rosengren Thinks a Digital Dollar Could Work for the CountryIf only China could have such an attitude. One of the big reasons, analysts speculate, why China has ultimately eliminated both bitcoin and its crypto mining industry over the past few months is because the country does not want any competition for the digital yuan, which is the virtual form of its national currency. The asset was introduced in late 2019 and has already gone through several stages of testing, including being worked into the payment systems of various American companies such as Subway.

In addition, a select group of individuals have been chosen to use the digital yuan for payments. Surely, the digital yuan could have operated alongside bitcoin and other digital assets, but China clearly felt otherwise. It has since forced all its crypto miners to move elsewhere and has declared all bitcoin and digital currency transactions illegal. Ouvert / Commentaire

2021-10-17 11:00:20 The Catalyst Required For Bitcoin To Finally Reach $100,000 Is Here

Multiple reports corroborate that the SEC could approve a Bitcoin Futures Exchange-Traded Fund next week and the regulator is reportedly no longer opposed to these products.

These reports – of course among other factors, are currently breeding huge positive price changes for Bitcoin. They are solidifying the claims by the BTC price stock-to-flow model, whose creator, a pseudo-anonymous bitcoin analyst called PlanB, and British cryptographer Adam Back opined that Bitcoin would attain a $100,000 price by year-end. Anthony Pompliano, not basing his prediction on ETFs just like these two do not, also says Bitcoin could attain that price mark this year. Ouvert / Commentaire

2021-10-16 11:00:17 New York and Texas Are Competing for New Crypto Miners

There are still many miners having to leave China after the country declared bitcoin illegal. It looks like New York and Texas are now competing as they work to bring many of these miners to their turf.

New York and Texas Go Head to HeadIn addition to New York and Texas, Kentucky and Georgia are also attracting their fair share of new miners. These regions are known for offering very inexpensive electricity in certain areas, and those looking to extract new coins are eager to take advantage and mine all they can for as little as possible.

At the top of the list is the Big Apple. Just shy of 20 percent of bitcoin’s hash rate is in New York, while Kentucky falls into second place with 18.7 percent. Third is Georgia, with approximately 17.3 percent, and Texas comes in fourth place with 14 percent. Despite these stats, Texas – according to Foundry USA – ranks as the biggest mining pool in the United States and the fifth largest in the world. Ouvert / Commentaire

2021-10-15 11:00:07 Bitcoin Miners Are Changing The Energy Industry: Here Is How They Are Doing It

Bitcoin has had far-reaching consequences, almost single-handedly changing the world’s financial landscape. The asset class has the energy industry in its sights and is set to bring a wave of innovation through mining.

Mining Bitcoins On Oil FieldsBitcoin maximalist Anthony Pompliano in a tweet to his 1.1 million followers drew attention to the innovative way Bitcoin was changing the energy industry. They achieve this by mining bitcoin on oil fields and making practical use of natural gas that is often flared. Bitcoin miners are taking advantage of the opportunity to prevent energy waste and giving value to a commodity that has no real use.

“There was 419 billion cubic feet of natural gas burned off last year from flaring or venting, according to the Energy Information Administration. No one used it for anything. This total waste is a massive opportunity for bitcoin miners,” says Pompliano. However, in recent times, Bitcoin miners are taking advantage of this source of energy, “creating a market for wasted gas to reduce flaring and cut emissions.” Ouvert / Commentaire

2021-10-15 10:42:14 ​​A lot of good deals in September. Look at one more of them. As always, excellent performance from our TrendGuru AI.


Closed deal FTM/USDT
Open: $0.26867, 06.08.2021
Close: $1.3955, 08.09.2021
Profit: +419.41%
Duration: 33 days


What Is FTM?

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.

The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself.

Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional PoS algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.

Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI. Ouvert / Commentaire

2021-10-14 11:00:14 Litecoin (LTC) Price Analysis: $200 Presents Key Resistance

Litecoin price is recovering higher above $170 against the US Dollar, similar to bitcoin. LTC price could continue higher if it clears $185 and $188.

Litecoin Price AnalysisThis week, there was a fresh increase in bitcoin, ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC failed to clear the $185 resistance and corrected lower.

There was a break below the $172 support, but dips were limited. The price formed a support base above $165 and started a fresh increase. There was a break above the $172 resistance zone. It cleared the 50% Fib retracement level of the main decline from the $185 swing high to $166 low. Ouvert / Commentaire