Dogecoin] was [listed on the {Coinbase Pro} exchange

Dogecoin was listed on the Coinbase Pro exchange

The latest reports suggest that the Coinbase Pro trading platform has begun accepting popular Doecoin transfers.

If there is sufficient liquidity, trading in this currency will begin at 4 pm Global Coordinated Time (UTC) on June 3.

Dogecoin currently outperforms all 10 of the market's top 10 cryptocurrencies (according to CoinMarketCap) by 6%.

The listing is largely priced by the market, as Coinbase announced last month that Dogecoin would be traded. Ilan Musk tweeted in March that the largest US exchange had to activate Dogecoin transactions on the platform.

The Gemini Exchange, led by the Winklows brothers, announced its support for DOGE in early May, along with several other platforms.

The first {digita}l token offered by the [largest] bank in Southeast Asia

The first digital token offered by the largest bank in Southeast Asia

The Bank of Singapore on Monday announced its first digital token on its central bank's decentralized digital exchange.

 The digital token offered is a private token and is the sole supplier of the Central Bank of Singapore.

 The details of the supplied token are as follows:

This paves the way for digital currency issuers and customers to decentralize exchanges so they can access digital financial markets to meet their financial needs. It also paves the way for the production of other digital tokens. It paves the way for decentralized exchanges and this will become commonplace.

This is just the beginning of a lot of work to be done in the future, said Clifford Lee, chairman of Singapore Central Bank Fixed Income.

 This shifts the money supply from the traditional mode to a digital ecosystem, allowing currency exporters and investors to interact more and develop faster.

It should be noted that the Central Bank of Singapore acknowledged that the country's digital exchange has attracted a lot of public attention since its launch, adding that the amount of capital invested has increased about 10 times since the first week of supply.

If the current {trend } continues, bitcoin could reach $ [50,000] again

If the current trend continues, bitcoin could reach $ 50,000 again

Fundstrat, a Wall Street investment-research firm, said Bitcoin could be on track to reach $ 50,000 despite recording its third monthly drop in crypto market history.

The market flagship ciphers are in the middle of the formation of the reverse head and shoulder pattern.

"The fact that the price of Bitcoin is still looking to lower its ceilings is a" good sign, "said Tom Lee, chief executive of the fundraising research division.

As reported by U.Today, Mr. Lee also claims that Bitcoin, despite its sharp correction, can still end the year at more than $ 100,000.

The company reiterated its April research forecast and wrote that Atrium could reach $ 10,000 this year.

However, Fundastrate's analysis is questionable, as Mr. Lee became infamous in the winter of 2018 for his erroneous predictions on cryptocurrency prices.

Bitcoin is currently trading at $ 36,863 at Bitstamp. The current price is still about 43% away from the historical record of $ 64,895.

Ripple [won] another significant victory over the US Securities and Exchange Commission

Ripple won another significant victory over the US Securities and Exchange Commission

Judge Sarah Netburn rejected the SEC's offer to obtain any legal advice documents that Ripple had requested or received regarding the legal status of the XRP release.

The Securities and Exchange Commission sought to find out whether they had received any advice on the legal status of XRP as a securities review by reviewing Ripple Legal Advice documents. On the other hand, Ripple claims that these documents are protected under the legal right of the client-lawyer and was able to prevent the access of the Stock Exchange and Securities Commission to these documents.
The Exchange Commission believes that clarifying whether Ripple was aware of the legal status of the XRP release could help the process of pursuing this case.

What is a {safemoon}?

What is a safemoon?

If we want to introduce you to SafeMoon digital currency in one sentence, we can say that SafeMoon digital currency is in the category of DeFi currencies or is known as a decentralized financial token. It is important to know that this digital currency has just entered the cryptocurrency market and therefore little information is available about these cryptocurrencies.

In fact, Seif Moon Digital Currency seeks to provide an alternative financial system that is intended to be decentralized. SafeMoon digital currency is based on Bainance or Bainance Smart China. The digital currency was launched on March 8, 2021, but in mid-April this year, its price rose like a rocket and attracted the attention of many investors. It is necessary to know that the price growth of these cryptocurrencies has been such that on April 20, Bainance Exchange was forced to temporarily stop withdrawing from its platform due to a sudden influx of investors.

History and Founders

As mentioned in the previous discussion, Safe Moon digital currency was launched on March 8, 2021, and it did not take long for it to be launched, which attracted the attention of many people.

One of the founders of this digital currency is John Karony. This person is currently the CEO of Seif Moon. The chief financial officer of Seif Moon is Thomas Smith.

SafeMoon function

The Safe Moon Digital Currency Protocol consists of three main parts, which include cash collection, token burning, and static rewards. But let's see what role each plays in the performance of the Seif Moon protocol.

Bitcoin [network] extraction difficulty {decreased} by 16%

Bitcoin network extraction difficulty decreased by 16%

In the early hours of Sunday morning (UTC), the difficulty of bitcoin mining was significantly reduced, as the network's hash rate had dropped significantly even before China's recent comments about suppressing bitcoin mining.

Intra-chain data show that the network extraction difficulty is set at 21.05 trillion at block height of 685440, a 16 percent drop from the highest recorded on May 13th.

In fact, the average production of a bitcoin block has risen to 11.8 minutes between May 13, the last date for setting mining hardness, and May 21, when the Chinese State Council reiterated the need for stricter cryptocurrency mining. .

This interval is 18% faster than the production time of 10 minutes per block, which was originally intended for the Bitcoin network. Given this situation, it is inferred that the average network hash rate has decreased to about 147 exacerbations per second (EH / s) between 13 and 21 May.

The seven-day moving average has remained at around 150 exacerbations per second, following a statement from China's State Council last Friday.

While some miners began migrating from China's northern provinces to the Sichuan Hydroelectric Power Plant, power plants in Sichuan have limited power supplies to high-consumption industries, including mining farms, due to delays in the start of the rainy season. اند.

It remains to be seen whether the Sichuan government will react to the policies of the State Council regarding repressive approaches to bitcoin mining activities. Meanwhile, some Chinese bitcoin miners are seeking overseas energy capacity to move their equipment out of China to avoid uncertainty over cryptocurrency regulations.

One of Belgium's largest [banks] is considering launching its {digital} currency

One of Belgium's largest banks is considering launching its digital currency

 One of the largest insurance and banking companies in Belgium, with a slight change in approach to digital assets, announced its intention to launch its own digital currency.

The KBC token, KBC Bank's native digital currency, is an encrypted reward that allows the bank to develop customer engagement strategies, upgrade its platform, and force users to use its services.

KBC Coin is almost ready

The bank shared the announcement in the first months of launching its Virtual Banking Assistant Kit.

KBC Coin is not currently available to the public, but is being tested through a private environment. The bank did not provide further details on the project roadmap.

In addition to the regulatory framework and economic characteristics of the project, KBC focuses on the technical issues and privacy of this digital currency. According to local newspaper De Morgen, CEO Johan Thijs said they want to "protect the identity of their customers" and provide their users with a platform that allows them to have complete control over their data.

Montana + and the {extraction} of cryptocurrencies using solar energy

Montana and the extraction of cryptocurrencies using solar energy

The cryptocurrency miners support the Basin Creek Solar Project, a 300-megawatt solar farm in Butte, according to local news agency Montana Standard.

Madison River Equity LLC recently applied for a license to build one of the largest solar farms on private land in the Butte region of the United States.

Capacity building while reducing costs

Madison River is a subsidiary of FX Solutions, which develops and manages the Atlas Power data center. Atlas Power is mining cryptocurrencies and is set to expand its GPUs.

In case of obtaining all the required special user permits, Atlas Power purchases the Basin Creek Solar Project and uses solar equipment to power its extraction operations. This project has a 75 MW license from this state.

In the fourth quarter of 2020, Montana utilized just 116 megawatts of solar capacity, ranking 43rd in the United States, according to the American Solar Industry Association.

Matt Vincent, spokesman for the Solar Project, said Operation Atlas Power had reduced costs from the previous 65 MW to 25 MW.

The ultimate goal of this project is to power the cryptocurrency mining facility using solar energy and place the remaining energy on the grid. The developers of the project claim that the solar farm will be able to power about 40,000 homes.

The [A16z] Cryptocurrency Investment Fund raised $ 2 billion

The A16z Cryptocurrency Investment Fund raised $ 2 billion

Eric Newcomer, quoted by informed sources, wrote in his newsletter that the third crypto investment fund, Andreessen Horowitz, intends to raise $ 2 billion.

Last month, we read in a report from the Financial Times that the capital of the crypto investment fund managed by a16z has increased from $ 800 million to $ 1 billion. The A16z has already invested a significant portion of its capital in crypto startups and has recently focused on network scaling and the NFT market.

The last investment made by this institution is $ 8 million to launch the RTFKT startup on May 5; $ 23 million in the unrivaled OpenSea token market on March 18 and several projects related to digital collections such as Dapper Labs and CryptoKitties.

In addition to NFT markets, the a16z cryptocurrency portfolio includes investments in cryptographic infrastructures such as Bitcoin and Atrium, defy projects such as Uni Swap, and exchanges such as CoinBase.

An overview of the {cryptocurrency} market [Thursday], May 27

An overview of the cryptocurrency market Thursday, May 27

Bitcoin's failure again at $ 40,000

Bitcoin began its gradual recovery on Monday following the latest developments following news of China's position in the cryptocurrency market. Within hours of the price drop to $ 31,000 on Sunday evening, BTC experienced a price increase of more than $ 5,000.

As we reported yesterday, the market's top cryptocurrency continued to rise, reaching $ 40,000. The cows were able to push the price to the highest daily level and close to $ 41,000. However, they could not continue this process any longer. So soon after, it began to decline again.

In the first place, recent reports of a ban on BTC mining in Iran by the end of the peak electricity consumption season have pushed bitcoin below $ 40,000. After that, the same trend continued and reached $ 37,400 (on Bitstamp).

Despite a $ 1,000 improvement since then, the asset shows a 4 percent decline on a 24-hour scale.

Red-clad Altcoins

Yesterday, most of the replacement coins also went up, with Atrium closing above $ 3,000 and BNB close to $ 400. However, the situation has changed somewhat and most penises are seen in red today.

Ether failed to break the $ 3,000 resistance and reached about $ 2,700 with a 3.5% negative correction. Baines Coin (BNB) also fell 2.6% to $ 360. Cardano (-2%), XRP (-4%), DOGE (-5.5%), Polkadot (-4%) and Bitcoin Cash (-4%) have also fallen since yesterday. In contrast, Uni Swap with 3% The growth has been met and China Link has risen 5% to over $ 32.

Among the lower market value altcoins, Enjin Coin (32%), Livepeer (15%), Chiliz (13%) and Stacks (11%) had double-digit growth. On the other hand, Revain (-13%), Phantom (-13%), Harmony (-12%), Shiba Inu (-12%) and Holo (-11%) were down.

The cumulative value of the cryptocurrency market has fallen by $ 100 billion since yesterday to $ 1.7 trillion.