New York Senate Passes Bill Banning Bitcoin Mining

New York lawmakers have passed a moratorium that seeks to bar Bitcoin mining operations for two years in order to ease environmental concerns. The state of New York has banned certain Bitcoin (BTC) mi...

New York AG warns against crypto investments amid state push to ban mining

As New York pursues efforts to ban proof-of-work (PoW) crypto mining, the attorney general reminded investors of the risks associated with investing in crypto.  In an investor alert published Thursday...

How To Invest: Nvidia, GOOGL Reveal 3-Step For Bull And Bear Markets

As this year’s volatility reminds us, investors need a strategy for handling both bull markets and bear markets. One key to successful stock investing is to make sure you have a sound — and doab...

Bitcoin Dominance Climbs to Highest Level Since October 2021 as Ethereum Underperforms

Alex Dovbnya Bitcoin’s dominance has increased to highest level since late October Bitcoin’s dominance spiked above 47% for the first time since Oct. 20 earlier today. Image by tradingview...

Saturday, June 4th Solution And Hint

Here’s today’s Wordle #350 answer plus a helpful hint. In Pictures via Getty Images I use stock images for my Wordle guides and sometimes they’re hilariously off, like the one above in tod...

Japan passes bill to limit stablecoin issuance to banks and trust companies

Japan is moving forward with legislation regarding the issuance of stablecoins, i.e., digital assets with their value pegged to fiat currencies or stabilized by an algorithm.  On Friday, Japan’s parli...

Why is loopring soaring in the digital ecosystem?

Loopring could be a program designed to figure on high of Ethereum’s blockchain (a layer 1, or base, blockchain). This implies that Loopring seeks to create the expertise of exploiting Ethereum quicke...

Layer by Layer Issue 33: Ethereum, Cosmos and Polkadot

June 2, 2022, 12:51PM EDT • 18 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges...

Cardano Founder Strikes Back at Solana Team for Advising Him to Kiss Frogs When Coding

Yuri Molchan Charles Hoskinson has responded to Solana co-founders who claim that Cardano is being built “too carefully” Charles Hoskinson has responded to a video in which two Solana co-f...

Is Proof-of-Authority consensus the new efficient solution?

The cryptocurrency area has modified heaps since the primary blockchain group action on the Bitcoin network. Different agreement mechanisms were proposed on the side of the well-known Proof of labor a...

Bitcoin bounces to $30.7K as analyst presents Stock-to-Flow BTC price model rehash

Bitcoin (BTC) climbed to fresh local highs overnight into June 3 after United States equities cut losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Wall Street provides short-term re...

Terra developers get lured with better offers from rival companies 

Several companies are already luring Terra developers to sign up for their separate offerings, promising them more pay. The Terra ecosystem’s downward spiral has sparked a poaching tendency among othe...

Meta’s Dare Obasanjo: Coinbase Rescinding Job Offers

Vladislav Sopov Amid crypto recession, many crypto heavyweights are reconsidering their hiring policies; here’s how Coinbase tries to mitigate losses Contents “I was supposed to start by j...

Ethereum transition is more attractive than Bitcoin

Dawn Fitzpatrick, chief operating officer of Industrial Organizations at Soros Fund Management, doubled down on her pro-crypto stance, predicting the plus category is here to stay. She believes that c...

Central Bank Digital Currencies Could Kill Cryptocurrencies – Regulation Bitcoin News

Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case there could be” for cryptocurrencies, like bitcoin and ether. RBI’s Dep...

Stocks facing dips by over 70% from their 52-weeks high

Many stocks that Cathie Wood has been optimistic about are troubled this year. Her ARK Innovation ETF has fallen 52% already in 2022, whereas the S&P five hundred has declined by a lesser 13%. Wit...

New York State Senate passes Bitcoin mining moratorium

The New York State Senate approved a controversial proof-of-work (PoW) mining ban bill that would prohibit any new Bitcoin (BTC) mining operations in the state. The PoW mining ban bill was first passe...

Its competitor is trolling Ethereum killer Solana

Solana’s mainnet caused a storm of reactions on social media yesterday, halting yet again in an exceedingly short amount of time. Charles Hoskinson, the founding father of Cardano, couldn’t be and, in...

Cardano (ADA) Shows Upward Spike Potential After Moving in Massive Falling Wedge

Arman Shirinyan ADA might soon break from massive technical pattern, which may bring many surprises The relatively weak price performance on Cardano may end soon as the cryptocurrency is coming closer...

Bitcoin and Other Cryptocurrencies Are Valueless – crypto.news

Fear, Uncertainty, and Doubt (FUD) is a marketing strategy used to fight against products by spreading rumours. One common crypto FUD is that Bitcoin and Altcoins are valueless. Are they? Claim In 202...

AVAX Price Back To $22 Support, Time To Buy?

Published 5 seconds ago A new descending trendline carrying the ongoing downfall has pulled the Avalanche(AVAX) price back to $22 support. If sellers continue to exert pressure, the coin price could n...

Vitalik shows support for Optimism’s governance structure and OP gas proposal

Ethereum co-founder Vitalik Buterin has shown support for Optimism’s new governance structure, noting that proposals such as using the OP token for gas fees shows “explicit representation of non-token...

Bitcoin Signals This Familiar Trend Typical of Bear Markets: Details

On-chain analytics platform IntoTheBlock notes a familiar trend that is typical with Bitcoin in most bear markets—investors with long-term horizons grow their holdings during bear markets. According t...

Crypto.com gets nod in Dubai and FTX launches in Japan

Two out of the top 10 largest cryptocurrency exchanges by volume will expand into new markets, with Crypto.com obtaining a provisional crypto license in Dubai and FTX launching in Japan. Crypto.com an...

BabyDoge Community Plans to Burn 50 Quadrillion Tokens with 6 Quadrillion Already Burned in Just 2 Days

BabyDoge is a popular memecoin that gained massive publicity in the last year thanks to Elon Musk’s viral tweets and extremely active engagement of its fans and holders. Initially, its number of...

Coinbase un-hires new recruits due to market conditions

? Want to work with us? CryptoSlate is hiring for a handful of positions! Coinbase announced that it un-hired some of the new recruits and is suspending further job offers for the foreseeable future t...

Bitcoin, Ethereum, Celo, and Gala Daily Price Analyses – 3 June Roundup

The global crypto market hasn’t been able to revive momentum as its value has continued to lower. The negative changes have continued for a day and have considerably affected Bitcoin and other altcoin...

ETH Slumps Below $1800 Support

The Ethereum price prediction reveals that ETH faces the key support as the market price follows the downward movement. Ethereum Prediction Statistics Data: Ethereum price now – $1775 Ethereum market ...

Russian crypto miners need more energy than the agriculture industry

Local bitcoin businesses, according to Russia’s Ministry of Industry, utilize more than 2% of the country’s overall power volume. According to Vasily Shpak, Deputy Head of the Ministry of Industry, Ru...

Kenyan energy company entices Bitcoin miners with geothermal power

Kenyan energy company KenGen has put out a call to Bitcoin (BTC) miners to move nearby and buy its excess renewable power capacity. KenGen claims 86% of its energy is generated from renewable sources,...

Winners, News And Notes On 6/3/2022

The Usos vs. Shinsuke Nakamura and Riddle on SmackDown. Credit: The Usos vs. Riddle and Shinsuke Nakamura WWE SmackDown advertised a Tag Team Championship match as Riddle and Shinsuke Nakamura challen...

Shiba Inu Counts Down Days Until Welly NFT Minting Event

Shiba Inu has shared a countdown to the Wellyfriends’ NFT mint event. The official SHIB Twitter handle reads: “We are excited to announce that WELLY is approximately ‘One (1) Week Aw...