Polygon Network Datasets are Now Integrated to GCP
BlockFinest | Cryptocurrency Education
by Manoj
1y ago
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 and a framework for building and connecting Ethereum-compatible blockchain networks. This integration ..read more
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Bitcoin Seems to be Consolidating Around Short-Term Support Zone
BlockFinest | Cryptocurrency Education
by Manoj
1y ago
After facing a massive Skyfall, Bitcoin seems to be stabilizing after it tested the major support zone at $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 to be $36,400 in my ..read more
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Defi100 Scammed Investors and Took $32M of Funds?
BlockFinest | Cryptocurrency Education
by Manoj
1y ago
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 edited after hours ago to telling investors “We scammed ..read more
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Chinese Government Calls for Crackdown on Crypto Trading, Mining
BlockFinest | Cryptocurrency Education
by Manoj
1y ago
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 on trading and mining cryptocurrencies. If you read my recent Bitcoin analysis articles, you know I haven’t been talking about the fundamental category. Talked about the Technical part instead. I ..read more
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Bitcoin Hugely Supported at $38,000 Range
BlockFinest | Cryptocurrency Education
by Manoj
1y ago
According to the previous article reported by Blockfinest, Bitcoin along with altcoins faced a sudden drop and 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 the market is looking for a ..read more
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What’s Happening to Bitcoin? Crypto Market Suffers
BlockFinest | Cryptocurrency Education
by Manoj
1y ago
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. Look at the past ..read more
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Ethereum Co-Founder Burns $6 Billion in SHIB Tokens
BlockFinest | Cryptocurrency Education
by Manoj
1y ago
The second-largest cryptocurrency, Ethereum’s Co-founder Vitalik Buterin has burned 90% 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 address named ” Eater Address” After burned, coins ..read more
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The Largest Cryptocurrency Exchange is Under Investigation by the Department of Justice
BlockFinest | Cryptocurrency Education
by Manoj
1y ago
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 the Internal Revenue Code. What the IRS does are providing tax assistance to taxpayers; pursuing and ..read more
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Ethereum Mining Revenue Hits a New All-time High
BlockFinest | Cryptocurrency Education
by Manoj
1y ago
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. Cryptocurrency mining is can be ..read more
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U.S Based Coinbase Users Can Now Buy Crypto with PayPal
BlockFinest | Cryptocurrency Education
by Manoj
1y ago
One of the largest cryptocurrency exchange and wallet, Coinbase is now allowing U.S based customers to buy cryptocurrencies using one of the best payment processor PayPal. According to official announcement by Coinbase, Buying cryptocurrency should be simple and easy, ACH and wire transfers can take time and effort. – Coinbase noted. And then highlighting the ..read more
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