LuxeCoin

2023-07-12 17:51:00 Buying DOT here for a long-term holding!

The price formed a great Falling Wedge, now re-testing the $5 support level. We must see a bounce from there.

Breakout of this wedge will lead us to the massive growth during the next season. Open / Comment

2023-07-11 13:56:00 Bitcoin Network's Hash Rate Reaches Unprecedented Heights, Posing Challenges for Miners. Open / Comment

2023-07-10 15:09:01 Hut 8 Is Keen On AI Computing As It Relocates 6,400 Rigs, Eyes Growth Amid Legal Battle

Bitcoin (BTC) mining firm Hut 8 has announced plans to relocate 6,400 rigs from its facility in Ontario, Canada as the demand for AI and high-performance computing surges.

This is part of the firm’s wider plan to revive its dwindling activities after it faced a few hurdles including a legal tussle with its third-party energy supplier Validus back in Nov 2022 leading to a closure of the facility.

The Canadian-based company is now looking to expand its operations in the United States with the 6,400 miners confirmed en route to Texas.

According to the company’s projections, mining activities will resume toward the end of July with an added boost of 600 petahashes per second driving up its total hashrate to 3.2 exahashes per second.

Jamie Laverton, Hut 8’s Chief Executive commented on the state of BTC mining operations expressing positivity after long periods in the woods which saw miners posting losses, and selling BTC balances alongside equipment in a bid to stay afloat.

“The industry has rebounded well over the past few months and we have seen more momentum than originally anticipated, partly due to some of our peers following our lead in the HPC and AI computing spaces.” Open / Comment

2023-07-08 14:54:02 EGO listing made +200% profit on highest point, currently trading in +35% profit above the public sale price.

Great results, especially for such a boring market, hope you joined. If not, you can consider buying now since overall the current price is very good for entering. Open / Comment

2023-07-07 17:01:10 BlackRock CEO has come a long way on bitcoin since 2017

The CEO of the world’s largest asset manager likened the world’s largest digital asset, bitcoin, to digital gold in an appearance on Fox Business Wednesday.

Larry Fink said he hopes BlackRock’s bitcoin ETF — should it be approved — could help “democratize” crypto and help investors get exposure to cryptocurrency for “much cheaper.”

But Fink hasn’t always been this optimistic when it comes to bitcoin (BTC).

Long before BlackRock applied for a spot bitcoin ETF, he thought of the digital asset only in terms of its potential to facilitate money laundering.

“Bitcoin just shows you how much demand for money laundering there is in the world,” Fink said in October 2017 at an Institute of International Finance meeting.

“That’s all it is,” he said. Bitcoin would go on to reach an all-time high at the time of around $19,700 two months later.

He wasn’t nearly as harsh as JPMorgan CEO Jamie Dimon, however. Around the same time as Fink’s money laundering comments, Dimon called people who own any form of crypto “stupid” and said bitcoin was a “fraud.”

Read more: Tudor Jones on Bitcoin: ‘I’ve Never Sat on a Horse That Long’

Less than a year later, Fink’s attitude on bitcoin, crypto and blockchain were already beginning to moderate.

In July 2018, he told Reuters that BlackRock is “a big student of blockchain,” but that he personally didn’t see “huge demand for cryptocurrencies.”

The day Reuters published that interview, July 16, 2018, the high price of bitcoin (BTC) was $6,741.75.

Fast forward to the beginning of December 2020, when bitcoin was pushing $20,000 for the second time in its history, Fink again changed his tune.

“Bitcoin has caught the attention and the imagination of many people. Still untested, pretty small relative to other markets,” he said. “Can it evolve into a global market? Possibly.” Open / Comment

2023-07-06 15:01:57 Hollywood Legend Steve McQueen Honored as 'King of Cool' in New NFT Collection

Steve McQueen is racing into Web3 through a new non-fungible token (NFT) collection honoring his love of motorcycles and his reputation for being the "king of cool."

On July 14, the McQueen Estate – in partnership with Web3 talent agency Verified Labs, contemporary artist Michael Kalish, Triumph Motorcycles and Web3 animation studio Immersive Entertainment Laboratories (IEL) – will release a collection of 1,000 generative art collectibles with varying rarity traits remembering the late actor. Sold on the ThetaDrop platform, the project was inspired by an original portrait Kalish created of McQueen in 2022 with help from McQueen's grandson, Chase.

Collectors of the “King of Cool Racing Team” NFTs will receive a digital motorcycle shipping crate that they can pry open to reveal a one-of-a-kind, virtual Triumph Bonneville T100 Motorcycle. Revealing the bike will grant them membership into the King of Cool Racing Team and provide them with access to future token-gated content, events and games. Each collectible also comes with a 3D Steve McQueen portrait, which can be viewed in even greater detail using a virtual reality headset or Sony's Spatial Reality Display.

McQueen, who was known for his starring roles in movies like "The Cincinnati Kid," "The Magnificent Seven" and "The Towering Inferno," was also an avid motorcycle enthusiast. He participated in a number of races and collected many Triumph motorcycles and hot rods in his personal garage in Palm Springs, California.

Justin Winters, co-founder and CEO of Verified Labs, told CoinDesk that Chase, who runs McQueen Racing with his father Chad, wanted to memorialize the movie star in a new format. Open / Comment

2023-07-05 14:43:01 ETH UPDATE

The price broke through the Falling Wedge which helped it to break through the crucial resistance of $1920 level.

The next target for Ethereum is $2190. Buying here is good! Open / Comment

2023-07-04 16:34:01 Bitcoin Bull Jack Dorsey Nudges Twitter Team To Explore Decentralized Protocols. Open / Comment

2023-07-03 17:47:00 Vodafone Expands into NFT Space with Cardano Blockchain Collaboration. Open / Comment

2023-07-02 14:30:00 UK’s New Financial Law to Regulate Crypto, Includes Provisions for 'Crypto Hub'

The United Kingdom on Thursday officially passed legislation to regulate cryptocurrencies and stablecoins as part of its broader financial regulatory reforms post-Brexit.

The new law, dubbed the Financial Services and Markets bill, will grant regulators the authority to establish a tailored framework for the digital asset sector, supporting crypto’s “safe adoption in the UK,” a press release from the UK Treasury said.

The bill has been passed in support of the UK government's vision of transforming the UK into a global crypto hub.
The new law comes after the UK Treasury in February this year first announced that it planned to "provide clarity to consumers and businesses."

At the time, the idea was to regulate crypto in a way consistent with how traditional finance is regulated, but this was later pushed back on by influential Members of Parliament who instead wanted crypto to be regulated as gambling. Open / Comment