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ByAuthor J.D. SmithPosted on
16
0

New Yield Farming Pools Coming Soon to Essentia!

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Essentia is a masternode powered blockchain that enables interoperability and cross-chain transactions. It is an ‘all-in-one platform’ that manages all things crypto. With Essentia users can: trade, swap, and add liquidity. Integratetd with L2 transactions via zk-SNARKs sdk and Starkwave - Essentia is designed to be simple, secure, and most importantly decentralized.

Token on Uniswap: https://info.uniswap.org/token/0xfc05987bd2be489accf0f509e44b0145d68240f7
Website - https://essentia.one/
Telegram - https://t.me/essentia_one
Twitter - https://twitter.com/Essentia_One
Masternode setup guide - https://www.google.com/url?q=https://essentia.one/files/essentia_masternode_setup_guide_draft.pdf&sa=D&source=editors&ust=1612919902692000&usg=AFQjCNHUCYSuUo7yDt7Lpfa-CB-4GzZPrA
Whitepaper - https://essentia.one/files/essentia_whitepaper_draft.pdf

#Essentia
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Pick up your Crypto Apparel @ www.cryptoblood.io/apparel

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Bitcoin Blockchain Investment Latest Markets Tech
ByAuthor J.D. SmithPosted on
27
0

Can’t beat ‘em? Join ‘em: Mastercard and Visa make a case for Bitcoin

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On Feb. 10, Mastercard announced that it would start supporting a select few cryptocurrencies on its payment network. According to the payments giant, the inclusion of cryptocurrencies will allow customers to “save, store and send money in new ways” while opening up new opportunities for merchants as well. 

The announcement followed a presentation on Jan. 30 in which Visa reaffirmed its plans to continue to push for cryptocurrency payments and on-ramps, showing that the company has long-term plans for the sector. With both credit card giants on board, it’s safe to say that Bitcoin (BTC) is no longer just an experimental form of “internet money” but rather a new asset class of its own — one that is here to stay.

Mastercard’s and Visa’s foray into crypto is just one example of the ever-growing barrage of mainstream technology and payment companies delving into Bitcoin as an investment, form…

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Bitcoin Blockchain Business Investment Policy & Regulation
ByAuthor J.D. SmithPosted on
9
0

US Treasury Secretary floats idea of digital dollar maintained by the Fed

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Janet Yellen may be open to having U.S. regulators consider a digital currency, but still seems to have strong concerns about Bitcoin.

In an interview on the New York Times’ DealBook DC Policy Project held today, Yellen said it makes sense for the Federal Reserve to look into a digital dollar. Speaking to Andrew Ross Sorkin, the Treasury Secretary said a digital dollar maintained by the Fed could result in “faster, safer and cheaper payments,” but added there were “a lot of things to consider” before a possible rollout. She questioned how regulators would “manage money laundering and illicit finance issues” as well as the impact on the banks and Fed.

In addition, the Treasury Secretary criticized Bitcoin (BTC) as a medium of exchange, not mentioning its use as a store of value:

“I don’t think that Bitcoin is widely used as a transaction mechanism […] It’s…

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Blockchain Latest Markets Opinion
ByAuthor J.D. SmithPosted on
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0

3 reasons why Fantom (FTM) price continues to rally to new all-time highs

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Interoperability has emerged as the hot topic in February as platforms like Binance Smart Chain and Polkadot work on building Ethereum network bridges that allow users to escape high transaction costs and network congestion.

Fantom (FTM) is the latest project to receive a boost by offering cross-chain functionality with Ethereum, and data from Cointelegraph Markets and TradingView shows a 1,570% increase in FTM price from $0.025 on Jan. 23 to a new high of $0.43 on Feb. 21.

FTM/USDT 4-hour chart. Source: TradingView

Three fundamental reasons for Fantom’s current rally are the release of a cross-chain bridge between Ethereum and Fantom, the roll-out of on-chain governance features and the ability to stake tokens on the network while still accessing their value for use in the decentralized finance ecosystem.

Yearn.finance helps facilitate a cross-chain bridge to Ethereum

On Feb. 21, Fantom, with the help of…

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Bitcoin Business Opinion
ByAuthor J.D. SmithPosted on
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Up to 5% of public companies will follow Tesla’s Bitcoin buy, says Wedbush analyst

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Tesla’s strategic embrace of Bitcoin (BTC) will have a dramatic impact on corporate adoption of the digital asset, according to Dan Ives of Wedbush Securities. 

In a Monday interview with CNBC, Ives said Tesla’s exposure to Bitcoin is “not just a fad,” but part of a long-term strategy that’s driven by an investment thesis and business thesis.

“I think Tesla is going to double down on its Bitcoin investment,” he said.

“No double this is something Elon Musk and Tesla […] they’re going to dive…

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Bitcoin Business Markets
ByAuthor J.D. SmithPosted on
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Bitcoin prints biggest hourly candle in history after BTC rebounds strongly to $54K

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Bitcoin (BTC) fell below $50,000 on Feb. 22 as a correction gathered pace at Wall Street’s opening to deliver 20% daily losses prior to a strong response from the bulls. 

BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview

Bitcoin loses $6,000 in minutes

Data from Cointelegraph Markets and TradingView shows BTC/USD falling heavily during Monday trading, hitting lows of $47,400.

After reversing at all-time highs of $58,312 on Sunday, Bitcoin fell almost $7,000 in under an hour, sparking intense volatility, which continued at the time of writing.

“Almost a $7,000 hourly candle. That has to be by far the largest hourly move in history,” analyst Scott Melker reacted.

Earlier, Cointelegraph Markets analyst Michaël van de Poppe highlighted the area between $50,500 and $52,000 as being crucial to hold in order to preserve the chances of the bull run continuing in the…

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Blockchain Business Tech
ByAuthor J.D. SmithPosted on
6
0

Evolving the DAO: How decentralized companies can dominate Web3

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Decentralized autonomous organizations — known as a DAO for short — have become a mainstay of the crypto world.

The rationale behind DAO is to enable companies and organizations to fully function without the need for a hierarchical management structure. As this Cointelegraph guide explained, it’s like a vending machine delivering a snack in exchange for a bundle of coins — and then automatically using those funds to reorder stock. There’s no need for human involvement in keeping the machine running, as all of the processes it needs to function are pre-written into code.

Beyond this real-world example, the possibilities for DAO are endless. There’s just one issue: Some believe that the potential and promise that this technology offers aren’t being fully exploited. Many DApps only use DAO for governance purposes — enabling community members to submit proposals and cast votes.

A growing band of crypto…

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