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Cryptocurrency News

Location American Cryptocurrency News for 9 October 2022

What is Yearn.finance (YFI) and how does it work?

Coin Telegraph - 9 Oct 2022 14:00
What is Yearn.finance (YFI) and how does it work? One of the fastest growing DeFi projects, Yearn.finance has spawned a range of core products that provide passive earnings on crypto assets.
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India's Central Bank RBI Publishes Digital Currency Details -- Confirms Digital Rupee Pilot Launching 'Soon' India’s central bank, the Reserve Bank of India (RBI), says it will soon commence “limited pilot launches” of the country’s digital currency (digital rupee) for specific use cases. The central bank explained that...
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Visa Partners With FTX to Roll out Crypto Debit Cards in 40 Countries Payments giant Visa is launching crypto debit cards in more than 40 countries in partnership with cryptocurrency exchange FTX. “At Visa, we believe that digital currencies will have a lasting impact on the future of fi...
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Latest EU Sanctions Expected to Stimulate Russia's Own Crypto Market, Exchanges Maintain Services The new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market, according to a Russian lawmaker. Anatoly Aksakov, who chairs the parliamentary Financial ...
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USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak 'Is Not Ruled Out' In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has...
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Crypto traders shift their focus to altcoins while Bitcoin price consolidates Traders shift their focus to XRP, UNI, QNT and EGLD while Bitcoin continues to consolidate around the $20,000 level.
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Progress Toward Bitcoin's Halving Is 60% Complete, Block Times Suggest Reduction Could Happen Next Year According to countdown statistics based on the average block generation time of around ten minutes, progress toward the next Bitcoin block reward halving has surpassed 60%. However, while most halving countdown clocks le...
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Terra Luna Classic Price Prediction - How High Can LUNC Rally By 2023? Terra Luna Classic price prediction is now bullish after LUNC bounced off the 50-day moving average support area of $0.00022525. Most of LUNC's bullish trend is driven by the new burn mechanism. Binance, a cryptocurrency...
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30-Day NFT Sales Are 88% Lower Than They Were 8 Months Ago, Google Searches Nosedived At the end of January 2022, non-fungible token (NFT) sales raked in $4.77 billion and NFT sales have slipped month after month since then. Last month, $549.82 million in NFT sales took place in September which shows mont...
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India's Central Bank Plans to Launch Digital Rupee CBDC The Reserve Bank of India (RBI) will soon launch pilot tests for its upcoming digital rupee in a bid to increase awareness around its Central Bank Digital Currency (CBDC). The country's central bank announced the news on...
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2008 'Lehman Moment About to Hit' -- Major Banks Suffer; How to Access Your ETHW, 'No Digital Dollar Act,' Sega Blockchain Game -- Bitcoin.com News Week in Review In this week’s edition of the Bitcoin.com News Week in Review, two of the world’s largest banks — Credit Suisse and Deutsche Bank — are suffering from distressed valuations, with credit default insurance levels l...
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Blockchain Consensus Mechanisms and Their Role in Sustainable Blockchain Development Gwendolyn Regina is Investment Director at BNB Chain, the blockchain developed by major crypto exchange Binance.__________ Blockchain sustainability has become essential. As the technology scales, new blockchains must be...
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CoinEx, the Official Sponsor of RLWC 2021, Fires Up the Audience in Manchester PRESS RELEASE. With the arrival of October, the much-anticipated Rugby League World Cup (RLWC) 2021 is about to kick off. CoinEx, the Exclusive Cryptocurrency Trading Platform Partner of RLWC, took the lead in holding an...
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Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is 'a Losing Trade' -- Reignites Feud With Laser Eyes Movement Veteran trader Peter Brandt’s latest remarks which mock crypto traders still using laser eyes crypto memes have sparked an immediate and angry response from bitcoiners on Twitter. One very famous bitcoiner, Michael Say...
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Salvadoran President Nayib Bukele Takes Aim at Bitcoin Detractors, Says the Ones Who Are Afraid 'Are the World's Powerful Elites' It’s been over a year since El Salvador codified bitcoin as legal tender in the Latin American country, and by popping the ‘orange pill,’ the country was propelled into the international spotlight. At the end of Se...
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Top 3 reasons why Bitcoin hash rate continues to attain new all-time highs Bitcoin miners continue to take advantage of the falling GPU prices to upgrade their mining equipment as they aim to remain competitive in the fierce competition.
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