Masternodes Generate Passive Crypto. Masternode hosting enables one to engage with cryptocurrencies on a deeper level. Users can play a pivotal role in the blockchain network’s operations, often earning passive income. However, this approach requires some technical knowledge and a steep initial investment. While ordinary nodes in blockchain networks are primarily responsible for transaction validation, controller nodes carry out extra responsibilities, such as enabling fast transactions and participating in the network’s governance decisions. Horizon is a well-known project utilizing controller nodes. This article explains controller nodes and how they function, the multiple ways to earn from operating controller nodes, the…
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My Neighbor Alice: Players who aren’t crypto natives can work together to build, produce, and play My Neighbor Alice, a unique blockchain-based game. Even if you’re unfamiliar with NFTs, this game will make blockchain characteristics exciting and easy to understand. The Antler Interactive developers, inspired by Minecraft and Animal Crossing elements, created My Neighbor Alice. Anna Norrevik heads the game development company. My Neighbor Alice’s mission is to educate millions of players about blockchain technology through engaging narratives and attractive revenue models. With My Neighbor Alice, individuals can build their virtual worlds. In addition, many players have opportunities to meet…
Regenerative Finance (ReFi). One way that the Web3 community is attempting to combat global warming is through Regenerative Finance, or simply ReFi. Crypto technologies have a reputation for high energy consumption, but this movement proves that they may actually improve the environment. Many studies have documented the drawbacks of Proof-of-Work algorithm projects, most notably Bitcoin mining, for quite some time. The Energy Information Administration reported that in 2023, the total electricity consumption of the world’s cryptocurrency miners was equivalent to that of Australia. To restore ecological balance, tackle the environmental impact of the financial industry, and distribute resources for sustainable…
Earn Crypto Watching Videos. Earning cryptocurrency by watching videos is an easy and engaging way to start building your digital assets. Various platforms, such as Theta Network and DTube, reward users with Bitcoin and other cryptocurrencies for viewing video content, including ads, movie trailers, and short clips. Simply sign up, watch videos, and earn points that can be converted into cryptocurrency. This method is perfect for those looking to make passive income during their leisure time. Let’s take a look at the 9 most popular platforms that let you earn cryptocurrency by watching videos online. Theta Network (THETA) Theta Network…
BTC Falls to Lowest Level. As Bitcoin (BTC) trades at $64,295, its lowest monthly level, predictions about its future value are in the spotlight. Bitcoin (BTC) prices have been under pressure due to recent net outflows of $139.88 million from US spot Bitcoin ETFs. In contrast to BlackRock’s IBIT, which experienced a net inflow, Grayscale’s GBTC and Fidelity’s FBTC both witnessed significant outflows. Furthermore, market movements may impact the future levels of support for Bitcoin, depending on economic statistics and Fed policy predictions. US Spot Bitcoin ETFs and Market Evolution Affect BTC Prices For five days, $139.88 million has been…
Bitcoin falls below short-term. According to cryptocurrency monitoring firm CryptoQuant, Bitcoin just went below $64,000, breaking its short-term holder realized price and foreshadowing a potential further decline to levels not seen in 49 days. The critical support level of $65,8K has been broken, and Bitcoin is currently trading below $64,000, according to CryptoQuant’s report on June 21 “Falling beneath this threshold signals a likely 8%-12% drop toward $60K,” CryptoQuant added, a level not broken since May when Bitcoin BTC $64,456 was trading at $59,122, according to CoinMarketCap data.” In a recent 2% loss, Bitcoin’s price fell to $63,442 on June…
US Crypto Tax Rules. “The only things certain in this life are death and taxes,” reportedly said Benjamin Franklin, a Founding Father of the United States. Even though the United States of America has been around for nearly 250 years, those words remain relevant, including bitcoin. Knowing how much you will pay in taxes and how the system works is crucial since Bitcoin gains and income are taxable for Americans. Do I have to Pay Taxes on Bitcoin and Crypto? Your cryptocurrency transactions are subject to taxation if you are a taxpayer in the United States. Like stocks and real…
Crypto Biz. Bitfarms and cryptocurrency mine Riot Platforms’ legal battle has recently heated up. With the acquisition of around six million shares valued at over $111 million, Riot Platforms increased its total position in Bitfarms from 9.25% to 13.1%, as announced on June 11. Bitfarms proposed a “poison pill” defensive plan the day before to stop Riot from boosting its share to 15% or higher. The goal of the defensive mechanism is to make Riot’s takeover attempts more difficult by reducing the value of the shares. In April, Riot proposed a massive premium above Bitfarms’s share price to acquire the…
US Crypto Voters. A nonprofit organization that aims to educate voters on Bitcoin $63,562 was launched with the assistance of three executives who represent some of the significant cryptocurrency mining businesses in the United States. In an interview, Jayson Browder, the senior vice president of government affairs at the mining company Marathon Digital Holdings, stated that he and two executives from Riot Platforms and CleanSpark comprised the Bitcoin Voter Project board members. According to Browder, the organization was registered as a 501(c)(4) organization in the United States. When compared to a political action committee (PAC), organizations that are registered under…
Spot Bitcoin ETFs. On Wednesday, June 12, after two days of withdrawals, spot Bitcoin ETFs in the US saw an influx of almost $100 million. Investors rushed to buy Bitcoin as soon as news of falling headline and monthly CPI inflation spread across the US market, leading to a general upturn in the cryptocurrency industry. Despite keeping interest rates steady throughout the year, the Federal Open Market Committee (FOMC) hinted at a single rate cut. Spot Bitcoin ETFs Record Inflow After Two Outflows According to data from Bloomberg and Farside Investors, U.S.-based spot Bitcoin ETFs received $100.8 million in net…