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Showing posts with label Ethereum. Show all posts
Showing posts with label Ethereum. Show all posts

Wednesday, July 31, 2024

TRON lead the market surpass ETHEREUM and SOLANA.

In the past week, Tron has surpassed Ethereum and Solana in revenue generation, earning $8.67 million. Ethereum follows with $8.08 million, and Solana with $6.38 million.

However, over the past 30 days, Ethereum leads with $52.48 million in revenue, spurred by the debut of spot Ethereum ETFs in the US. Tron ranks second with $40.2 million, while Pump.fun exceeds Solana with $25.83 million. 

Solana's 30-day revenue stands at $23.59 million, outpacing Lido ($8.82 million), Uniswap ($8.1 million), and Maker ($7.32 million).



Wednesday, July 3, 2024

Binance Start Delisting Crypto Pair

Binance, the world's largest cryptocurrency exchange, has announced a major update to its offerings. The platform intends to delist several crypto trading pairs, including those involving prominent cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as well as lesser-known tokens such as AI, CHR, GAS, and LQTY. 

This unexpected decision has raised concerns among investors and traders, who are now speculating about the potential impact on cryptocurrency prices and overall market sentiment.



Sunday, May 7, 2023

Crypto Staking - The Next Technology

Crypto staking has become a popular way for cryptocurrency holders to earn passive income on their digital assets. The concept of staking involves holding a certain amount of a cryptocurrency in a wallet or on an exchange platform and locking it up for a predetermined period to support the network’s blockchain transactions.

Staking is a process where cryptocurrency holders hold a particular amount of coins in their wallet, and the network rewards them with more coins. This reward is distributed based on the percentage of the coins held in the wallet. For example, if a user holds 100 coins in their wallet and the annual staking reward is 5%, they will earn 5 additional coins each year.

The staking process differs from mining, which is the process of creating new coins by solving complex mathematical problems. Staking is a more energy-efficient way of earning rewards and does not require the use of expensive mining equipment.

Crypto staking is available on a variety of cryptocurrencies, including Ethereum, Cardano, Polkadot, and others. Each blockchain network has its own set of rules for staking, including the minimum amount required to stake, the lockup period, and the staking reward percentage.

Staking typically requires a minimum amount of cryptocurrency to be held in a wallet, which varies depending on the network. The lockup period can range from a few days to several months, and the staking reward percentage varies based on market conditions, network activity, and other factors.

One of the benefits of staking is that it helps to secure the blockchain network by incentivizing users to hold and use the cryptocurrency. This creates a strong network effect and increases the value of the cryptocurrency over time. Additionally, staking can help to reduce volatility in the cryptocurrency market, as holders are less likely to sell their coins in response to short-term market fluctuations.

Staking is also an eco-friendly way to earn rewards from cryptocurrency investments. Unlike mining, staking does not require massive amounts of electricity to solve complex mathematical problems. This means that staking is more environmentally sustainable and can contribute to reducing the carbon footprint of the cryptocurrency industry.

Staking has become increasingly accessible to cryptocurrency investors in recent years, with many cryptocurrency exchanges offering staking services to their users. This has made it easier for investors to participate in staking without having to set up their own wallets or navigate the complex technical aspects of staking.

There are risks associated with staking, including the potential for price volatility in the cryptocurrency market, loss of funds due to hacking or technical errors, and network instability. It is important for cryptocurrency investors to do their research and understand the risks before participating in staking.

In conclusion, crypto staking is a popular way for cryptocurrency holders to earn passive income on their digital assets. The staking process involves holding a certain amount of cryptocurrency in a wallet and locking it up for a predetermined period to support the network’s blockchain transactions. Staking is a more energy-efficient way of earning rewards than mining and helps to secure the blockchain network. However, staking also comes with risks, and investors should do their research and understand the risks before participating in staking. Overall, staking is an accessible and eco-friendly way for cryptocurrency investors to earn rewards from their investments.



Thursday, December 26, 2019

Google’s YouTube Goes To War With Bitcoin And Crypto



Google's relationship with bitcoin and cryptocurrency has long been fraught but it has apparently just taken a turn for the worse.

The search giant has previously banned bitcoin and cryptocurrency ads, deciding to allow them again in September last year after three-month block.

Now, Google has decided to remove hundreds of bitcoin and cryptocurrency videos from its video-sharing site YouTube in what's being called a "crypto-purge"—leaving many who make bitcoin and cryptocurrency-related videos feeling unfairly targeted by the search giant.

Google's YouTube video-sharing platform is the world's biggest video website, with 300 hours of ... [+] content on everything, including bitcoin and cryptocurrency, uploaded every minute.

The YouTube crypto-purge appears to only be targeting smaller channels and publishers, with crypto-related videos from the likes of bitcoin and crypto news outlet CoinTelegraph and U.S. business news publisher CNBC escaping the cull.

One YouTuber Chris Dunn, who has some 210,000 subscribers on the platform, asked YouTube for an explanation via Twitter.

"YouTube just removed most of my crypto videos citing 'harmful or dangerous content' and 'sale of regulated goods,'" Dunn wrote, adding he's been making videos on the platform for 10 years and built up 200,000 subs and 7 million views.

The number of videos targeted by Google's YouTube is well into the hundreds and "growing fast."

Some in the bitcoin and cryptocurrency industry have vowed to challenge the decision.

"YouTube deleting all Crypto content is a massive blow to the industry," Ran NeuNer, host of the CryptoTrader show on CNBC Africa, said via Twitter.

"YouTube is the go to place for educational video and the first port of call for new people entering the ecosystem to learn the basics. As a community we should challenge this formally."

Meanwhile, others have been searching for a reason for the purge, finding YouTube's citing of "harmful and dangerous content" unsatisfactory.

"So far Alphabet [Google's parent company] has made no attempt to explain the reasons for the culling," Mati Greenspan, the founder of research group Quantum Economics, wrote in a note.

"The first instinct that many had was that perhaps they're trying to protect the consumer from scams. However, this wouldn't make much sense given that Google and Facebook have already had a crypto advertising ban last year that has long since been reversed, likely due to regulatory clarity in the U.S. where it was found that bitcoin and ethereum are neither securities nor scams."

Greenspan added he is now "officially boycotting YouTube" due to the crypto-purge.

Google, along with the likes of social media giant Facebook, has been increasingly looking to financial services to bolster advertisement revenue in recent years, with public opinion moving against ad-funded business models.

Last month, Google, in partnership with U.S. banking giant Citigroup, said it's planning to launch its own fully-fledged "smart checking" bank accounts via Google Pay–piling pressure on bitcoin developers to improve user experience and adoption or face redundancy.

Meanwhile, the bitcoin price has climbed this year, largely due to interest in bitcoin and crypto from the world's biggest technology companies–with others, including the likes of iPhone-maker Apple and online retailer Amazon, branching out into traditional financial services.

The bitcoin price has stagnated recently after surging higher earlier in the year though it remains ... [+] around double where it began 2019.
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