Bitcoin Crypto Signals

2022-04-26 13:48:02 Avalanche, BNB Chain, and Polygon Growth Stable Despite Q1 2022 Market Hiccups (Report)

In the first quarter of 2022, BNB Chain and Polygon maintained steady growth while Avalanche outperformed in several key metrics.According to the Nansen report, Polygon’s scalability, energy-efficient PoS system, and low gas fees compared to other blockchains like Ethereum boosted its adoption in 2021 by almost 1,000%.

Leading blockchain data analytics platform Nansen recently released its quarterly analysis report, which revealed that the crypto market had witnessed a decline in 2022 compared to its 2021 activity volume.The report, however, pointed out that the performance of leading blockchain networks, Polygon, BNB Chain, and Avalanche, remained fairly stable, with Avalanche standing out as a rising star among the pack.

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2022-04-25 10:17:02 Mexican Soccer Giant Tigres to Embrace Bitcoin as Payment Method

The soccer club Tigres, the delivery platform Rappi, and the jewelry distributor SFL Maven are the latest entities to adopt bitcoin as a means of payment.One of the most successful soccer clubs in Mexico – Tigres – partnered with Bitso to enable fans to purchase tickets in bitcoin.

Seven-time champion of Mexico’s premium soccer league – Tigres – disclosed it collaborated with Bitso (a major cryptocurrency exchange in Latin America) and Boletomóvil (a platform for purchasing tickets) to allow its fans to buy passes for matches and entertainment events in bitcoin. The initiative will see the light of day this weekend when the team faces its big rival – America.

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2022-04-24 15:14:02 U.S. legislators urge the EPA to investigate whether crypto mining is environmentally legal

A group of 23 U.S. legislators, led by a member of the U.S. House of Representatives Jared Huffman, have asked the U.S. Environmental Protection Agency to analyze whether crypto mining firms were adhering to the country's environmental protection laws.

Further, we ask that the EPA investigate and address any harm these existing PoW facilities are causing communities including, but not limited to, ensuring that electronic waste is responsibly disposed of, and noise pollution is abated. PoW vs. PoS Elsewhere, legislators around the world are starting to focus more on the potential environmental impact of PoW mining and begin to explore the use of the PoS mechanism instead.

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2022-04-23 13:56:02 Monero Rallies 22% in a Week Amid Hard Fork Announcement and 'Monerun'

Leading privacy coin Monero (XMR) has rallied 9.56% in the last 24 hours and 22.8% in the last week after developers confirmed on GitHub that a hard fork is due on July 16.

Monero currently trades for around $278 and has a market capitalization of more than $5 billion, according to data aggregator CoinMarketCap. This makes XMR the clear leader in privacy coins, with more than double the market capitalization of its nearest rival, Zcash. Privacy coins vary in method and utility, but broadly speaking, they use cryptographic techniques to obscure identifying information like addresses and transaction amounts.

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2022-04-23 10:38:05 Insights and Breaking News on Bitcoin and the whole ecosystem.

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2022-04-22 11:14:02 Tornado Cash Blocking Sanctioned Addresses Shows Privacy Is a Myth

The Ethereum-based mixing service revealed on April 15 that it leverages an oracle created by blockchain data company Chainalysis to access the list of sanctions.

The list includes wallet addresses controlled by Lazarus, the North Korean-backed hacker group accused by the FBI of stealing $620 million from Axie Infinity’s Ronin Network bridge, as well as from several Russian individuals and a Russian ransomware group.“Maintaining financial privacy is essential to preserving our freedom, however, it should not come at the cost of non-compliance,” tweeted Tornado Cash.

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2022-04-21 12:05:04 Fresh allegations emerge against SafeMoon leadership

SafeMoon is back in the spotlight following further allegations of double-dealing. However, the allegations are much more severe this time. YouTuber Coffeezilla, AKA Stephen Findeisen, accused SafeMoon’s founder, lead dev, and CEO of dipping into company funds in his latest exposé video.

In the early days of the project, SafeMoon was mooning, and its token had exploded in price resulting in a peak valuation of $5.75 billion. A loyal fan base formed around the project, and influencers talked about it constantly. There were even rumors of a collaboration with Mastercard.However, Findeisen alleges the project was designed as a rug pull from its inception.

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2022-04-21 10:56:01 Insights and Breaking News on Bitcoin and the whole ecosystem.

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