The Urban Mine

Empowering Communities with E-Waste

Over $1,000,000,000 in Crypto Liquidated in Just 24 Hours As Bitcoin (BTC) Nosedives to 10-Month Low

Hundreds of thousands of crypto traders are getting their positions liquidated as Bitcoin (BTC) and the rest of the digital asset market witness a massive sell-off event. Data from cryptocurrency futures trading and information site Coinglass reveals that $1.01 billion worth of trader positions in crypto assets were wiped out in the last 24 hours. […]

Binance To List Andreessen Horowitz-Backed DeFi Altcoin Built On Ethereum Amid Crypto Market Collapse

The world’s largest crypto exchange is adding a decentralized staking platform to its roster of assets. In a new announcement, Binance says it’s listing Lido DAO (LDO), the governance token of Lido Finance which offers staking solutions across several popular blockchains. Lido’s decentralized autonomous organization (DAO) grants holders of the Ethereum (ETH) token voting rights […]

Ledger exec explains how it works

As cryptocurrency staking is growing increasingly popular, one may wonder about staking opportunities of not only crypto exchanges or software wallets but also hardware wallets. By definition, staking allows investors to earn crypto without selling their holdings but rather by delegating crypto to a staking validator to support a blockchain. Originating from the word “stake,” […]

Bitcoin sets news 2022 lows as analyst says trip to $24K realized price ‘entirely possible’

Bitcoin (BTC) set a new record low price for 2022 on May 9 as crypto markets continued selling off prior to the Wall Street opening. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price sinks under $36,700 Data from Cointelegraph Markets Pro and TradingView confirmed the firmly bearish achievement for BTC/USD, which hit $32,637 on Bitstamp. […]

Ethereum Gearing Up for Parabolic Rally As Upside Potential for Bitcoin Looks Strong: Crypto Analyst

A widely followed crypto analyst says Ethereum (ETH) is primed for a parabolic rally and that Bitcoin’s (BTC) risk-reward ratio looks attractive. The pseudonymous analyst known as TechDev tells his 393,000 Twitter followers that Ethereum is currently mirroring a pattern from late 2016 and early 2017, where ETH printed bearish-looking price action before exploding. “Update […]

What they have been and what they are becoming

There’s been a tremendous amount of hype and misinformation about nonfungible tokens (NFTs) since they appeared on the scene in 2014, particularly since the total market for them passed $24 billion. You can’t open a news feed without an article about nonfungible tokens popping up. These inevitably contain the obligatory “An NFT is a” paragraph […]

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