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BlockFinest | Cryptocurrency Education - Cryptocurrency
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Chinese Government Calls for Crackdown on Crypto Trading, Mining – Blockfinest
There have been many FUD resulting in the whole cryptocurrency market downtrend. Including some China-based activities also. This time Chinese government calls for a crackdown ontradingandminingcryptocurrencies.If you read myrecentBitcoin analysis articles, you know I haven’t been talking about the
Defi100 Scammed Investors and Took $32M of Funds? – Blockfinest
Reportedly, A Decentralized Finance Protocol (Defi) built on the Binance smart chain called “Defi100” is officially scammed its investors and took about $32 million in investors’ funds.The reason why I used the term “Officially” is because the website that the scammers owned, Defi100.org has been ed
The Largest Cryptocurrency Exchange is Under Investigation by the Department of Justice – Blockfinest
The best and the largest cryptocurrency exchange by market volume, Binance is facing an investigation by the U.S Internal Revenue Service and the Department of Justice.The IRS (Internal Service Revenue) of the U.S is responsible for collecting taxes administering theInternal Revenue Code. What the I
Polygon Network Datasets are Now Integrated to GCP – Blockfinest
A cloud computing service that offered by Google, Google Cloud Platform is now provides blockchain insights for Polygon Network. Polygon network’s (Previously called as Matic) main purpose is aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem. As it is a protocol
Ethereum Co-Founder Burns $6 Billion in SHIB Tokens – Blockfinest
The second-largest cryptocurrency, Ethereum’s Co-founder Vitalik Buterin hasburned90% of his newly released Shiba Inu coins. The amount worth $6.7 billion.First of all, for those who don’t know the term “Burn” means actually what it sounds. In crypto, Burning coins meaning sending coins to an addres
Bitcoin Seems to be Consolidating Around Short-Term Support Zone – Blockfinest
After facing amassive Skyfall, Bitcoin seems to be stabilizing after it tested themajor support zoneat $30,000 zone. This can be considered as stabilizing the market correction as Bitcoin consolidates over the past week.At the time of writing, Bitcoin is at $39,400 and its short-term support appears
Bitcoin Hugely Supported at $38,000 Range – Blockfinest
According to the previous article reported by Blockfinest, Bitcoin along with altcoinsfaced a sudden dropand most of the coins seemed to be supported at their major supports.So today, as Bitcoin currently hanging around the $40,000 zone it confirmed the Bitcoin’s major support is triggered and now t
Ethereum Mining Revenue Hits a New All-time High – Blockfinest
As Ethereum hits a new all-time passing the previous all-time high was $1300 in January 2018, its mining revenue also hits a new all-time high. Actually, It’s a record over a record.But first of all, those readers who don’t know the term “Mining Revenue”, Let me explain a little.Cryptocurrencymining
U.S Based Coinbase Users Can Now Buy Crypto with PayPal – Blockfinest
One of the largest cryptocurrency exchange andwallet, Coinbase is now allowing U.S based customers to buy cryptocurrencies using one of the best payment processorPayPal.According to official announcement by Coinbase, Buying cryptocurrency should be simple and easy, ACH and wire transfers can take ti
What’s Happening to Bitcoin? Crypto Market Suffers – Blockfinest
At the time of writing, Bitcoin along with alternative coins had faced an almost 20% – 50% sudden drop. Why is that? Let’s break down the facts. According to Coinmarketcap, on 19th May 2021, Bitcoin topped at $40,000 level and suddenly it dropped by $10,000 and is currently hanging around $35,000.Lo