Cryptology News Channel

2021-07-03 16:27:04 Elon Musk harms the crypto
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Elon Musk surprised everyone with his sudden tweet about the danger of Bitcoin mining for the environment. This news certainly affected the market and investors.
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A survey was conducted, and the majority of respondents agreed with Elon and said that the environmental impact of mining directly affects their investments. Therefore, about 70% of respondents prefer a more environmentally friendly cryptocurrency than BTC.
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The remaining 30% shared that they sold their digital assets back in May 2021 precisely because of environmental pollution. At the same time, a small percentage of the respondents had no idea that Bitcoin somehow affected the environment.
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Many people believe that this tweet is a manipulative stunt of the head of Tesla since it has a huge impact on the audience. It remains only to be seen how this will pan out. Open / Comment

2021-07-01 18:52:16 The new Dogecoin or what is Shiba Inu
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Shiba Inu is an Ethereum-based meme token named after a dog breed.
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The creator of the token calls the project a Dogecoin killer and says that its main goal is to move Dogecoin off the pedestal and take its place.
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An interesting feature of the project is that they named the White Paper document as "woofpaper".
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The founder of the Ryoshi project aims to create the best decentralized ecosystem in the world. And the next goal, after overtaking in the capitalization of Dogecoin, is the development of a decentralized exchange Shiba Swap.
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The team also plans to implement the idea of NFT tokens and create a new Bone coin.
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Forecasts
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Many experts believe that the project has not been created by chance. This was a big risk on the part of the founders, since they created a coin with Elon Musk’s dog.
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Would the project have succedded if Elon hadn't mentioned the meme token on his Twitter? Most likely not, so the creators did not lose.
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The team is now at the peak of its popularity, but Shiba Inu, like Dogecoin, will live as long as they are talked about or until Elon gets a cat. Open / Comment

2021-06-28 13:36:29 ATTENTION

There will be maintenance on the Cryptology platform today at 4.00 p.m. GMT.

The platform will be unavailable for 10 minutes due to internal improvements. Open / Comment

2021-06-26 19:23:47 How China's crypto ban will affect the market
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Two days ago, the world of cryptocurrency was shocked by the news of China putting a ban on cryptocurrency operations. China's authorities decided to take control of crypto trading and mining, a consequence of which was such cities as Qinghai, Xinjiang, Sichuan and Yunnan no longer being able to continue mining digital currencies.
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As earlier, more than 70% of the world's mining farms were located in China, it made a significant impact on the market.
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Most experts believe that these changes will have a very positive impact on the price of Bitcoin since this ban may lead to a redistribution of the hashrate to foreign markets, especially in favor of North America and Europe.
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Some influencers suggest that other Asian countries may follow this example, and this tells us that the pressure on the crypto market is increasing, so the U.S. and the EU will not miss the opportunity to introduce their own cryptocurrency.
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China's rejection of cryptocurrency is a fairly large-scale event and may go down in history with its consequences for Bitcoin and the market, but this phenomenon does not bring any catastrophe for China, because the Chinese have long been used to living under strict limits and restrictions. Open / Comment

2021-06-18 16:43:22 How the market has changed in recent months
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A few years ago, no one would have thought that the cryptocurrency market would change at such a speed. We have collected for you the most current news for the last time.
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NFT
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Anyone who has access to the Internet has definitely heard of NFT. It is reputed that the NFT has now captured the market. Every second project creates its own NFT marketplace, most platforms issue their own non-interchangeable tokens, and artists and artists do not miss the opportunity to stand out with the presence of NFT.
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Meme tokens
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Meme tokens are a real trend in the cryptocurrency market. First came DogeCoin and gained popularity thanks to Elon Musk’s mentions on Twitter. Meme tokens are altcoins that do not have any message.
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At the moment, Shiba Inu is an excellent competitor to DogeCoin. The guys just get out tokens dedicated to dogs.
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IDO launchpads
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The number of launchpads has spiked the past two months. Many projects have branched off from their main activities and created launch pads for the development and launch of projects.
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What’s the benefit? As long as new projects attract capital, investors get early access to innovations with a high potential for stable returns. Open / Comment

2021-06-15 19:19:30 What is Dust Attack?
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Despite the fact that the blockchain is the most reliable system, hackers are finding more and more sophisticated ways to attack cryptocurrency holders.
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In our new article, you will learn what a dust attack is and how to avoid it.
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Read on more: https://link.medium.com/SZb3aI526gb Open / Comment

2021-06-11 15:37:42 ATTENTION

There will be maintenance on the Cryptology platform today at 3.00 p.m. GMT.

The platform will be unavailable for 20 minutes due to internal improvements. Open / Comment

2021-06-09 21:07:39 How to choose the right cryptocurrency wallet
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As soon as you had an idea to purchase cryptocurrency, the question was: which wallet should I choose?
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We advise you to be very responsible when choosing a wallet, because with the increase of cryptocurrencies variety, the number of crypto attacks also increased. Therefore, it is necessary to choose a wallet with a high level of security.
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There are several types of wallets:
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— Software wallet
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You can install it on your phone or computer and it will work online. Therefore, you need an internet connection as the database is updated every minute.
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Be careful, hackers can inject a virus into your phone or PC to hack into the storage.
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— Online wallet
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It is located in a cloud server and has no connection to a PC or smartphone. All you need to do is go to the appropriate site, enter the required data, and you can carry out operations.
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It is almost impossible to hack such wallets, but watch out for the addresses that you enter and for your security key.
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— Hardware wallet
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This type is considered the safest, since it must be separately connected to a computer to conduct transactions.
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You can use several wallets at once, or choose the one that suits you. Open / Comment

2021-06-08 14:27:19 Who are the “Whales” and how can they affect the crypto market?
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If you see that the bitcoin rate began to change its direction abruptly, maybe the whales are disturbing the water.
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Who are the whales on the crypto exchange and how they can regulate the exchange rate in the market, read in our new article: https://link.medium.com/dcrWCQBJTgb Open / Comment

2021-06-06 19:17:33 Cryptology Futures Contracts
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$BTC: $35632
$ETH: $2676
$EOS: $5,79
$MKR: $3563
$SNX: $11,72
$TRX: $0.08
$XLM: $0.42
$YFI: $42213
$BCH: $651,03
$LTC: $175,16
$ZEC: $149,97
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#Cryptology_rates Open / Comment