Cryptocurrency Contents Archive

And... The Solana network has been halted yet again. Devs preparing for "restart"

Solana network is currently down yet again and is not producing blocks. According to Solscan, the last block was produced 5 hours ago. This is the 4th or 5th time the network is going down in recent months. [Solscan - 5 hours ago](https://preview.redd.it/txhcxhyfq1391.jpg?width=2606&format=pjpg&auto=webp&s=5216973affaccdfedfad89b53c629c860f8f74ed) According to Solana users, there were 5 NFT drops on Solana today which is being blamed for crashing the network. Solana have officially confirmed its down yet again, and that all operators should prepare for a restart. According to them assets are "safe" though they cannot be accessed. [Restart plz](https://preview.redd.it/61puj3poq1391.jpg?width=1272&format=pjpg&auto=webp&s=2c40d71a2eb4487b1204d649f529eb014b18a1eb) As usual, the Solana devs are online more than the network itself.

Solana has halted again

Aaaaaand it's gone: Nearly $500,000,000 worth of positions got wiped in the last 24h. Again.

Nearly $500,000,000 worth of positions got wiped in the last 24h and the numbers keep going up. When will people learn? The market recovered slightly for one day and people aped into long positions again immediately. Why not wait a bit longer to see if this is just a dead cat bounce? https://preview.redd.it/x1esf3p0q1391.png?width=1605&format=png&auto=webp&s=5a5f31c22e967f29d9f8785f326139e8cc8ff0ab In the past 24 hours, 86,926 traders were liquidated, the total liquidations come in at $478.90 million The most significant single liquidation order happened on Bitmex - XBTUSD value of $5.00M Most of them were long positions: https://preview.redd.it/8ol754b4q1391.png?width=1643&format=png&auto=webp&s=57a8d43eab0e00925f0aed370fef30a452e26ebe Look how tiny that last red bar is. Jesus, total slaughter. https://preview.redd.it/x360siq6q1391.png?width=1599&format=png&auto=webp&s=0360c5aa775eff5944ca6257746f807758a00220

The #Bitcoin network can not be halted.

Group decisions kill many good ideas.

JUST IN - Chipotle now accepts #Bitcoin and 98 other #crypto coins AND is offering 10% when paying with crypto.

Everyone thinks they “missed the bus” on #bitcoin https://t.co/atwLEANLvy

Let's place your bets, which cryptos will NOT survive this year. Meaning won't hit a new ATH, ever.

I dont know what kind of a market we are in right now, could be bull or bear or just some correction or accumalation. But one thing is for sure Bitcoin dominance is mooning right now. From 39% to 46% and each time bitcoin dominance is mooning many alts get left behind and die completely or just don't get an ATH any time soon. In 2018 we had a bunch there, many even were in the top 10 that makes even right now no altcoin in the top 10 safe (cough LUNA). My personal bet would be that many metaverse cryptos won't reach their ATH again especially the low cap ones. Also memecoins as Safemoon won't reach their ATH again as at least Safemoon has been proven to be a real scam for like a hundred times.

#Binance Staking launches @Reef_Chain $REEF Locked Staking: Enjoy up to 119.79% APY and a share of 10,400,000 $REEF in rewards! https://t.co/nbxAHgGyTY

Costco hotdog stable coin (hotdoge)

With all the issues with stable coins these days with frauds running around, we need something we can trust. It has to be auditable from outside sources at any time. From the beginning Costco hotdogs were $1.50. They are still $1.50. They are pegged to that value always. No matter what fiat is doing around the world. Gas price 3x in a year. 1 hotdoge = 1 hotdog And if that wasn't good enough it comes with a drink. No more worries of your coin decoupling. It's tried, it's true, it's hotdoge. "It's backed by real meat!"* * These claims have not been verified by the FDA. Roadmap for 2022: Air drops of free samples from elderly ladies coming this fall. Children's accounts must be supervised by parent for legal reasons. Kosher certified by December.

JUST IN: New Goldman Sachs survey shows insurance companies are warming up to investing in #bitcoin - Forbes 🚀

It's fun to see all the metaverse cryptos being completely ignored right now because they mostly don't have real utility except some promises.

November was undoubtedly a very euphoric month for Crypto. Bitcoin at 69k and most importantly the big metaverse move from Facebook that made nearly every metaverse crypto explode to like +100%. And now even META is struggling themselves as they made an all in bet and promises and marketing on a project they won't get ready for a long time. Same about most Cryptos. Most don't have the metaverse ready and likely won't for a long time if they even survive the market for that long. Others who has some kind of a "metaverse" ready or at least said to do so were a complete joke. The best example is MANA, so much pumpung into the top 40 for such a shitty project. It's clear that all those project were based on just some words and heavy marketing. Even if they then fit the hype it simple was not sustainable. That's why I like a bear market, it filters some illusive projects against others with better utility.

Well, Johnny Depp wins.

Top Ukrainian artists, including #Eurovision2022 winners, Kalush Orchestra, have come together to launch the "Hero Cities" NFT collection on @TheBinanceNFT! All the proceeds will be donated to the Music Saves UA charity initiative to help the affected families in Ukraine.

The internet has done a great job of expanding people’s ability to learn new things from their living room. Who do you think is the best teacher on the internet?