Crypto Gold News ✪

2021-11-06 17:07:12 Binance kicked off the first round of the Polkadot Parachain

Binance kicked off the first round of the parachain slot auctions for the Polkadot ecosystem.

Every DOT owner and all those who consider becoming one can now start voting on the projects that aim to become a parachain.

Voting will lock your DOT tokens for ~716 days and slot auction voters will get rewarded with lock-up rewards in the form of the token of the project they voted for.

With binance starting a warm-up week there is also a small pre auction period reward distributed for people that vote on the first slot auction on binance.

Also note voting on Binance grants bDOT which is exchangeable for DOT on a 1:1 ratio. So you won't loose liquidity for voting on a slot auction.

Hype is getting bigger and bigger!

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2021-11-06 14:50:39 Enj Update

ENJ breakout restest done now $4 soon

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2021-11-06 14:30:11 Polkadot Update

Polkadot is riding the parabolic curve up and is in position to have its highest weekly close ever after breaking all time highs earlier this week

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2021-11-06 11:56:12 Matic Update

The MATIC chart looks Bullish
-Broke out of the huge consolidation pattern
-Created a macro higher high

Good things likely coming for MATIC (Polygon)

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2021-11-06 08:29:44 This could Be The Next Meme Coin Samoyedcoin (SAMO)

Samoyedcoin ($SAMO) is Solana’s memecoin, aiming to be community-owned and fun.

The samoyed or самоед is a breed of dog originating from Eastern Europe, same as Solana’s beloved cofounder Anatoly Yakovenko!

It was inspired by Dogecoin, Sam Bankman-Fried (CEO of Alameda Research and FTX) and Anatoly Yakovenko (co-founder of Solana), hence the choice of the dog breed samoyed, bringing these two giants together.

This is The Next Meme Coin After Doge & Shiba?

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2021-11-06 07:23:30 Taproot is almost here, one of Bitcoin’s most significant upgrades in years

Taproot is one of Bitcoin’s most impactful improvements in years, and it’s here in less than two weeks (at block height 709,632 expected on November 16).

The upgrade makes Bitcoin transactions more private and compact, plus new features like time-decaying multisig wallets.

Continue reading

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2021-11-06 06:51:29 Eth Update

The Ethereum chart looks very bullish on the weekly.

The Cup and Handle breakout continues & Ethereum is going for its 6th straight green weekly candle close this week .

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2021-11-06 06:00:50 What is Defi? Explained like you are a 5 years old!

s so many new people have joined crypto and this sub, I thought of reposting one of my informative posts. I hope it helps you learn a few things. Pass it forward.'

What is Defi?

Well it stands for Decentralised finance.

In the past we have always used centralised finance.

Which is where there's a central authority that controls the flow of money.

The government and the banks control it.

They don't really say they do but they do they can print more of it if they want to.

They can stop you from borrowing it if they don't want you to.

They can even stop you from having a bank account

The alternative is Decentralised finance, Defi, where there are no banks, instead there are pieces of code that run and act as a bank.

They're open to anyone, They don't require you to trust them because they're literally a piece of code running a program.

If you wanted to you could read through it and verify that it's not going to scam you.

They are also censorship resistant and lastly they are much much cheaper than traditional centralized finance

The Full explain

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2021-11-05 19:07:07 Btc Update

Bitcoin has been coiling in this range between $59.5k -$64.k (less than 10% range) for approximately 20 of the last 22 days

This range will eventually break in one direction or the other and the move will be explosive!

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2021-11-05 18:26:38 Kucoin CEO bets on Shiba Inu despite his downfall

"Seeing the rise of Bitcoin, some younger investors without a lot of money also want to profit from cryptocurrencies," says Lyu. “But they would need more than $ 60,000 to buy a bitcoin. So, they turn to Dogecoin and SHIB, where you buy tons with only 100 dollars"

Despite SHIB's loss of around 30% in the past seven days, Lyu said he would keep the meme coin for the long term, alongside Bitcoin and Dogecoin. 

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