Category Archives: ALTCOIN NEWS

ALTCOIN NEWS, POLITICS

Donald Trump’s Comments Propel These 2 Coins: What You Need to Know

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Donald Trump at the Bitcoin conference: MAGA and TREMP skyrocketed!

MAGA (TRUMP), the popular meme coin launched as a tribute to Donald Trump, increased by 15%. The altcoin is currently trading at $7.31 with a market capitalisation of $321 million. The meme coin has seen strong gains this year as Trump’s presidential campaign has favoured Bitcoin and the overall crypto market.

In the last month of June, the MAGA (TRUMP) price rose to an all-time high of $17.01. However, it has corrected more than 50% since then. It will be interesting to see if Trump will make any special announcements at the Bitcoin Conference. If so, it could put MAGA on the road to recovery once again and reach an all-time high. Meanwhile, the other Donald Trump-related meme coin TREMP has skyrocketed over 21% and is currently trading at $0.5639.

According to reports earlier this week, Donald Trump has raised more than $4 million in donations to the crypto market. The majority of contributions were made in Bitcoin, Ethereum (ETH), Ripple-related XRP, and USDC, a stablecoin pegged to the US dollar. Notably, over $2.15 million in Bitcoin donations were made by 19 individuals in 12 states. According to the Federal Election Commission filing, the donors’ occupations ranged widely, including housewife, US soldier, missionary, painter, sales representative for a pizza company, and security technician at the State Department.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

Avalanche (AVAX) Investor Movement Triggers Avax Rise?

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Avalanche (AVAX) investors are preparing to rise over the next few months, driven by positive developments related to the project. After the price reversal in the last few days, AVAX was hit with a drop of almost 10%. Fortunately for investors, the token found support in the $ 37 price zone.

At the time of publication, AVAX is trading at $37.30 after rising 2% in the last 24 hours. With a market capitalisation of $13.7 billion, the token has successfully made Dogecoin (DOGE) one of the top ten cryptocurrencies on the market. This position is prioritised because it attracts new investors looking to accumulate funds or enter the cryptocurrency market. It is also expected that these coins will benefit from institutional interest and investment once cryptocurrency ETFs are approved.

AVAX bulls are confident of a bullish year based on network development, the broader bullish wave driven by Bitcoin, and the possibility of crypto ETFs being approved. On-chain data shows that 96,140 addresses bought 10.53 million AVAX at an average price of $39.61. Investors expect a rebound as the digital asset shows more support. However, the $40 resistance level may be difficult to break as some investors are looking for profit-taking. On the other hand, 515,630 investors bought 10.53 million AVAX at a high price of $34.43 and can hold them. While $40 and $45 targets are in sight, the long-term target is currently $50.

Currently, the price of AVAX has reached an all-time high of $ 144, which it reached about 2 years ago. At current prices, the token is down about 144%, but investors hope to reach and surpass the current ATH by the end of the year.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

Solana’s important partnership in Dubai

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The Solana Foundation has become an ecosystem partner of the Dubai Multi Commodities Centre (DMCC), one of the free economic zones in the United Arab Emirates.

According to a statement from Solana, the blockchain platform will provide technical and business development support to DMCC Crypto Centre members. The company will provide seminars and training courses on various Web3 topics. It will expand the grant programme already operating at the DMCC.

Ahmed Bin Sulayem, CEO of the centre, stated that Solana’s existing partners will be privileged at DMCC. Bin Sulayem said, “While Solana provides free installation and operating licences for ecosystem projects, our members will have access to the world-class blockchain platform and Solana engineering teams.”

DMCC’s list of ecosystem partners includes companies recognised in the crypto industry such as Bybit, DWF Labs, TDeFi, Brinc. It is stated that 23 thousand companies are members of the centre. Together with Abu Dhabi Global Market and Dubai Silicon Oasis Authority, DMCC is one of the first three economic free zones established in the UAE to improve the investment environment. This trio will soon be joined by Ras Al Khaimah Digital Assets Oasis.

Source: btchaber.com

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

How to Mine EthereumPoW ETHW, ETHW Pool Mining

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After ETH mining ended, miners turned to different coin mining. For those who are curious about EthereumPoW ETHW mining, how to mine ETHW, ETHW pool usage and settings.

Our article was taken from medium.com.
” In this post, I will show you how to mine ETHW in the most user friendly environment, an old Windows PC with Nvidia GeForce GTX 1070 GPU. Just to show that anyone can be a mine.

1- Mining ETHW requires a GPU with at least 5GB of RAM and an internet-connected computer.

2- For Nvidia GPU, people recommend T-Rex, a mining software. Open their website https://trex-miner.com/ and download and download the Windows version.

3- Unzip the downloaded ZIP file to a folder.

4- Select any file that starts with “ETH-” inside the folder. Right click on it and select “edit”. The file will open in Notepad. I chose the ETH-ethermine file.

5- Then we need to change the content. There are 3 places.


“stratum+tcp://xxxxxxxx” is the address of a mining pool server. We use EthwMine here (https://ethwmine.com/). Open the website and under “Help” you can find a list of servers.

Choose the one closer to you and replace the original server address with it.

The string after “-u” should be replaced with your own wallet address. This is where you will receive payments.

“-w rig0” is for specifying which GPU you want to use. Uninstall it so that the software tries to use all your GPUs.

The final command will look like this –

Save and close the file.

6- Double click on the file you just changed and now you are mining ETHW. Leave the window open or minimized. Payments will be sent to your address.

If you want to exit, close the window. And you can always reboot whenever you want.

You can also change the filename to “ETHW-ethwmine” to reflect the contents of the file.

7- You can check your mining status at:
https://ethwmine.com/accounts/<add your wallet address here>

Last:
For Linux or AMD GPU please check both websites, they should be very similar.

https://ethwmine.com/help

https://trex-miner.com/

Source: medium.com

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

EthereumPoW (ETHW) Wants to be Listed on All Exchanges

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EthereumPoW (ETHW), which was implemented by a group of developers who rejected the transition of the Ethereum Blockchain network from Proof of Work to Proof of Stake, came up with a new call. Although the project managed to gather support in the first place, this support did not come much. Trying a new method to increase the number of listings, the project called on startups and exchanges to list the ETHW coin on Twitter.

EthereumPoW, which forked itself to continue its life as the PoW of the Ethereum Blockchain network, continues to work to search for new supporters. Although it is supported to a certain extent by PoW supporters, the work of the project, which has only ETHW in hand, is unfortunately very difficult with the entire DeFi ecosystem moving to PoS.

At this point, the project, which was trying to find a new solution, requested a listing from the platforms. According to a statement shared for EthereumPoW (ETHW) on Twitter, the EthereumPoW ecosystem is under rapid construction. In addition, the project called on Web3 teams to be included in the first ecosystem directory of ETHW-based products, and asked the teams to explain their goals.

Source: btchaber.com

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

What is the latest LUNA, Terra blockchain is also discontinued, Binance LUNA removed from the list

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What is the latest status and update of LUNA? Lunada has a new statement. The Terra blockchain has also been discontinued. After the unpinning of the UST, the LUNA is experiencing extreme volatility. One of the reasons for the massive declines in the cryptocurrency market. LUNA is still depreciating. LUNA investors are in a really difficult situation.

In a statement made by Terra (LUNA) on its twitter account today, the Terra blockchain said that it was officially stopped at block 7607789. The full statement reads: ” The Terra blockchain has officially halted at block 7607789. Terra Validators have halted the network to come up with a plan to reconstitute it. More updates to come.”

More updates are coming, but we can say that LUNA investors have no confidence anymore. Exchanges have started delisting LUNA. LUNA’s current value is $0.0000466

ALTCOIN NEWS

FLOKI Returns to London With Marketing Ads

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FLOKI had an advertising campaign in the UK in October 2021. England’s Advertising Standards Authority (ASA) took this ad campaign under review and started the review in November 2021 and banned Floki Inu FLOKI ads in March 2022. FLOKI has started to run its ads in London again.

The FLOKI team made a statement for the new advertising campaign on their Medium account and Twitter account :

“FLOKI will be on 300 buses in London for 3 full weeks in October. In other words, FLOKI will be everywhere! #FLOKI to completely lock down London Underground. London Underground, or the Tube, is one of the busiest tube systems in the world — handling up to 5 million passenger journeys daily. Well, you’ll be seeing $FLOKI all over the Tube in October! #FLOKI will dominate the Btok launch page starting October and through the end of the year. That’s 3 full months. Btok was one of our most impactful marketing campaigns during the early days, resulting in tens of thousands of holders. Now, we’ve locked down a bigger deal!”

For FLOKI’s other explanation, be sure to read the links below.

Source 1: realflokiinu
source 2: twitter FLOKI

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

Elon Buys Twitter Altcoin soars fast

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With Elon Musk investing in Twitter, a new altcoin named “Elon Buys Twitter” has emerged. The newly released Elon Buys Twitter coin has risen by over 1,500 percent. Elon Musk, who wants to take Twitter completely, is expected to take Twitter completely in a very short time.

Some time after Elon Musk bought 9.2% of Twitter shares, Twitter submitted an offer to buy it at $54.20 per share. Although Twitter executives do not want to sell, it is thought that the negotiations will be concluded in the next 1-2 weeks. In addition, a coin named “Elon Buys Twitter” emerged after the news that Elon Musk would completely buy Twitter appeared in the WSJ.

After the latest news and Elon Musk call information to get Twitter, “Elon Buys Twitter” Cryptocurrency has risen rapidly and became the top-selling altcoin on data platform CoinMarketCap.

“Elon Buys Twitter” briefly introduces itself as follows:
ELONBUYSTWITTER will give meme creators a chance to win and allow them to earn a projected income for their work. ELONBUYSTWITTER will help such enthusiastic meme creators showcase their talents to the world and add some monetary advantages to their pockets. ELONBUYSTWITTER is in the process of developing various revenue generating platforms.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

Dogecoin (DOGE) Themed Axe Deodorant DOGECAN

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Axe brand, one of the largest personal care brands in the world, announced that it is bringing back its meme cryptocurrency Dogecoin (DOGE) themed deodorant. We understand that the Axe brand, one of the world-famous personal care brands, supports Dogecoin.

With the announcement, we learned that Dogecoin-themed Axe deodorants will be produced in limited numbers. Axe brand deodorants are sold in many countries. Axe, the popular meme token Dogecoin (DOGE) themed deodorant, we will soon see in which countries it will go on sale. We believe that Dogecoin (DOGE) themed deodorants to be sold will be sold very quickly. An important issue: Axe announced that the product will be sold with Dogecoin (DOGE).

This announcement of Axe was made on the occasion of “Dogeday” using it on April 20. The date chosen for Dogecoin (DOGE) was suggested by Elon Musk. We know it’s big with the support of Elon Musk. Now some brands have already started shopping with Dogecoin (DOGE).

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

Inside the Ethereum Foundation Treasure: What Does It Hold?

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The Ethereum Foundation has been around for a while and is responsible for funds distributed to projects on the Ethereum network. He has a large amount of ETH in his treasury, among other crypto investments that help fund projects. Recently, the Ethereum Foundation released a report showing which digital assets it owns and their value in dollar terms.

In a recent report, the Ethereum Foundation cited various allocations of cryptocurrencies it owns. In total, he has approximately $1.5 billion worth of assets in his treasury. But even more interesting was the way they were split. As expected, the foundation held more ETH than any other digital, but investments and other non-crypto assets also made up a decent percentage of the treasury.

In total, 80.5% was allocated to ETH alone. This turned out to be worth $1.294 billion at the time of the report’s publication, making up only 0.297% of the total ETH supply. As for other crypto investments, they reached $11 million, accounting for 0.7% of the total treasury amount.

Ethereum published report

Read More: bitcoinist

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.