Cryptocurrency market
A hard fork is a protocol upgrade that is not backward compatible. This means every node (computer connected to the Bitcoin network using a client that performs the task of validating and relaying transactions) needs to upgrade before the new blockchain with the hard fork activates and rejects any blocks or transactions from the old blockchain https://newcasinos-aus.org/. The old blockchain will continue to exist and will continue to accept transactions, although it may be incompatible with other newer Bitcoin clients.
One of the biggest winners is Axie Infinity — a Pokémon-inspired game where players collect Axies (NFTs of digital pets), breed and battle them against other players to earn Smooth Love Potion (SLP) — the in-game reward token. This game was extremely popular in developing countries like The Philippines, due to the level of income they could earn. Players in the Philippines can check the price of SLP to PHP today directly on CoinMarketCap.
Play-to-earn (P2E) games, also known as GameFi, has emerged as an extremely popular category in the crypto space. It combines non-fungible tokens (NFT), in-game crypto tokens, decentralized finance (DeFi) elements and sometimes even metaverse applications. Players have an opportunity to generate revenue by giving their time (and sometimes capital) and playing these games.
Cryptocurrency news
Dogecoin (DOGE) heeft na maanden van neerwaartse druk eindelijk de belangrijke weerstand van de 50-daagse EMA doorbroken, wat suggereert dat een einde aan de dalende trend nabij is. Deze doorbraak, bevestigd door stijgende handelsvolumes, geeft aan dat kopers weer controle hebben en dat verdere opwaartse beweging waarschijnlijk is. DOGE is inmiddels gestegen boven eerdere weerstandsniveaus rond $ 0,16 en nadert momenteel een volgende belangrijke weerstand bij $ 0,18. Indien dit niveau wordt omgezet in ondersteuning, liggen de volgende doelen op $ 0,21 en $ 0,22. De RSI is gestegen, maar nog steeds niet overgekocht, waardoor er ruimte blijft voor verdere koersstijgingen.
Kicking off the list of the top crypto news this week is Aave’s new staking mechanism, which is expected to launch soon. Aave’s prospective staking mechanism represents a significant development of its Safety Module, which was introduced through the Umbrella upgrade.
Het totale dagelijkse transactievolume bedraagt momenteel $ 116 miljard, wat wijst op aanhoudende activiteit en belangstelling onder beleggers wereldwijd. Bitcoin behoudt duidelijk zijn positie als dominante cryptovaluta met een marktaandeel van 61,4%, terwijl Ethereum volgt met een marktaandeel van 7,08%.
From gold’s rise and Bitcoin’s drop to Ripple’s legal pause and Binance’s compliance shift—this week showed how politics, regulation, and tech intersect in crypto. Stay tuned for next week’s biggest movers!
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Cryptocurrency market
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Bitcoin is becoming more political by the day, particularly after El Salvador began accepting the currency as legal tender. The country’s president, Nayib Bukele, announced and implemented the decision almost unilaterally, dismissing criticism from his citizens, the Bank of England, the IMF, Vitalik Buterin and many others. Since the Bitcoin legal tender law was passed in September 2021, Bukele has also announced plans to build Bitcoin City, a city fully based on mining Bitcoin with geothermal energy from volcanoes.
Over the past few decades, consumers have become more curious about their energy consumption and personal effects on climate change. When news stories started swirling regarding the possible negative effects of Bitcoin’s energy consumption, many became concerned about Bitcoin and criticized this energy usage. A report found that each Bitcoin transaction takes 1,173 KW hours of electricity, which can “power the typical American home for six weeks.” Another report calculates that the energy required by Bitcoin annually is more than the annual hourly energy usage of Finland, a country with a population of 5.5 million.
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Cryptocurrency market capitalization (market cap) refers to the total value of a particular cryptocurrency that is currently in circulation. It is calculated by multiplying the current market price of a cryptocurrency by the total number of coins or tokens that have been issued. The total market capitalization of all cryptocurrencies for today is $3,121,623,967,215
Pada saat penulisan, kami memperkirakan ada lebih dari 2 juta pasangan yang diperdagangkan, terdiri dari koin, token, dan proyek di pasar koin global. Seperti disebutkan di atas, kami memiliki proses due diligence yang kami terapkan pada koin baru sebelum mereka dicantumkan. Proses ini mengendalikan berapa banyak dari kriptokurensi dari pasar global yang diwakili di situs kami.