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Saturday, 4 June 2022

Is it a threat to crypto?🤔

https://top500.org/news/ornls-frontier-first-to-break-the-exaflop-ceiling/

Super computer are a risk for crypto?

submitted by /u/BCHisFuture
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source https://www.reddit.com/r/btc/comments/v489l6/is_it_a_threat_to_crypto/

Cryptocurrency Updates: Solana Falls by 12% After Network Outage, Bitcoin Falls as Feds Reduce Balance Sheet, Ethereum Tops NFT Sales With $27 Billion Sales.

Cryptocurrency Updates Solana Falls by 12% After Network Outage, Bitcoin Falls as Feds Reduce Balance Sheet

Solana's decline after announcing its network outage

Solana, after being plunged with network issues, nosedived by 12%. The network, which was once hailed as one of the fastest blockchains and a challenger to Ethereum, was down on June 1 due to network challenges. This is the second time in the month's space that this will happen to the blockchain network. The chain was forced offline for about four and a half hours due to a cold wallet transaction bug called "Durable Nonce Transactions." Since the outage was announced, SOL which traded as high as $45.55 on Wednesday, now ...

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Alright, I'm ready to buy some Bitcoin. Where do I start?

I have a Coinbase account. Is "buying" Bitcoin the same as "investing" in Bitcoin?

submitted by /u/TheAntithesisOfZero
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Quantitative Tightening and its Implications for Crypto

Quantitative Tightening

The United States has initiated a move called quantitative tightening (QT), which may put an end to a decade of unprecedented growth in the crypto market. The initiative will see the Fed shrinking its balance sheet monthly for the next three months by $47.5 billion. This implies that by September this year the balance sheet may shrink by nearly $95 billion and by the end of 2023, be reduced to $7.6 trillion.

Economic analysts, financial investments and crypto analysts have conflicting opinions, with some observers holding the belief that this initiative could hurt the crypto market ...

Read The Full Article On CryptoCurrencyNews.com

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.