Social Icons

Showing posts with label coinex. Show all posts
Showing posts with label coinex. Show all posts

Saturday, December 31, 2022

Pi is in Enclosed Mainnet. Pi Network isn’t affiliated with and hasn’t authorized any exchange listing.

 Mining crypto is hard.
Investing in crypto is risky.
Too many of us are left out of the cryptocurrency revolution.

Pi Network is aware of reports that several unauthorized third party exchanges, and potential unknown third parties, are seeking to list Pi or tokens purporting to be Pi, or some purported derivative of Pi, without the consent, authority or involvement of Pi Network.

It is important to reiterate that Pi is currently in the Enclosed Network and is not approved by Pi Network for listing on any exchange or for trading, and Pi Network was not involved with any of these purported postings or listings.

Currently, Pi Network recommends to all Pioneers and potential Pi users not to engage with any of these exchanges or third party actors as their actions are not affiliated with Pi Network, and could result in substantial loss or damage to Pi users. Pi Network is also requesting these posts and exchange listings removed, and evaluating additional actions with respect to the third parties and exchanges. In the interim, it is important to reiterate that the transaction of Pi through an exchange is explicitly prohibited during the Enclosed Mainnet period, and doing so would be a violation of Pi’s policies.

The unique innovative design of Pi’s Enclosed Network period is a strategic choice to build a network of true substance and utilities with the best interest of the network, the community and individual Pioneers in mind. The current Enclosed Network period of Mainnet allows Pi Network to focus on two priorities: mass KYC/migration and ecosystem utilities-building. Both are essential steps towards our ultimate objective of building a viable ecosystem to get ready for Open Mainnet.

Monday, June 13, 2022

Bitcoin Falls Back To USD10,000 As Worldwide Inflation Crisis Began!

 


Key points:
  • U.S. stocks plunge, but some bounce off lows; Nasdaq down ~3.8%
  • All major S&P 500 sectors red: cons disc down most
  • Dollar, crude rise; gold falls; bitcoin swoons ~11%
  • U.S. 10-Year Treasury yield jumps to ~3.35%

The bitcoin price has struggled since the first few months of 2022 as central bank monetary tightening squeezes assets across the board. The Fed is widely expected to hike rates by 50 basis points - the biggest rate increase in 22 years—in order to temper soaring inflation.

Now, a veteran trader has warned the bitcoin price could fall as low as $28,000, down $10,000 per bitcoin from its current price. 

Why is crypto crashing today? Cryptocurrency markets have crashed to a new low of this year today. The global market cap has shrunk to $1.02 trillion from $1.10 trillion recorded yesterday. The global cryptocurrency market cap has fallen by around $1 trillion this year while almost every top coin is now worth half or even less than their all-time highs.

The immediate trigger for the crypto crash appears to be a massive sell-off by investors amid heightened inflation fears. Investors are also continuing to stay away from riskier assets, which is reflecting in the stock markets as well.

Bitcoin, the biggest and most popular cryptocurrency, has fallen to $25,586 while almost all altcoins, starting from Ethereum, are bleeding prices since weekend.

"I still believe crypto is the most optimal hedge against these macroeconomic issues which is why institutional interest in the industry has only continued to grow,"

"Both venture capital funding and fund deployments into crypto are soaring at one of the fastest levels since the inception of #bitcoin."

Sunday, October 31, 2021

Bitcoin hit $150,000 by the start of 2022

 “Until this trend changes it will continue to put upward pressure on price as demand for Bitcoin has to accept higher prices amongst the limited supply available.”

Bitcoin (BTC) is “ready to rally” again as BTC price action flips bullish on crucial timeframes, trading platform Decentrader says.

In its latest market update on Oct. 29, the firm predicted incoming fresh upside for Bitcoin, which has languished below old all-time highs this week.
$150,000 end-of-year potential

Despite sideways moves in BTC/USD keeping markets guessing, the odds are still on for gains to enter in the short term, analysts believe.

While the area around this year’s two highs — $63,900 and $67,100 — are the main focus of discussion, real friction might in fact only lie far into price discovery territory nearer $100,000.

“On a technical, market cycle, and on-chain basis, we continue to believe that the next major area of difficulty for $BTC will not hit until we approach $85,000 – $90,000,” the update forecasts.

This is due in part to a moving average crossover event involving the 128-day and 200-day trends, which has historically sparked “sustained” upside.

Closer to the present, Bitcoin’s three-day chart, which Decentrader holds to be an especially accurate price tool, is now bullish, contradicting the current bearish daily and neutral weekly setup.

This is one ingredient feeding into a probable channel for price action which could see Bitcoin hit $150,000 by the start of 2022.

The status quo with the overall Bitcoin supply should help matter — exchange reserves continue to fall, indicating resolve to hold, rather than sell, among traders.

“Evidence continues to suggest that existing market participants remain bullish. One data point to support this is the continual draining of Bitcoin from exchanges as users select to put their Bitcoin into cold storage. The net impact of this is that short-term supply is reduced,” the update concluded about Bitcoin.  

Sources: https://cointelegraph.com/news/btc-price-ready-to-rally-with-bitcoin-bulls-clear-to-charge-at-85k-analysis

Saturday, September 22, 2018

Long-term dividend allocation plan for CET holders (80% / 20%)

 

Dear CoinEx users: www.digitalcrypto.org
.
During "Lock & Mine CET", CoinEx will release 1 MILLION CET on a daily basis. All users with enough locked CET in their CoinEx accounts will be qualified to share these CET, against the ratio = Your locked CET asset / Total circulating CET asset locked in CoinEx.
1. Privileges: Users with locked CET assets will have early access to the quota of Accelerator. Please refer to the official announcement for more details.
2. Qualification: Users with less than 10,000 CET are NOT qualified for the promotion.
4. Release time: 0:00 Oct 1st, 2018 (UTC).
.
.

[Execution of long-term dividend allocation plan for CET holders]

.
According to "Long-term dividend allocation plan for CET holders", CoinEx will start to execute the arrangements from 0:00 Oct 1st, 2018 (UTC). i.e.:
1. CET holders will continue to receive dividends after "Trade-driven mining" ends.
2. 80% of CoinEx's total revenue will be allocated to CET holders and the remaining 20% is kept for CoinEx development and daily operations.
.
.

[Dividend allocation]

.
1. 80% of CoinEx's total revenue will be used to repurchase CET from the secondary market and allocated to the qualified CET holders proportionately.
2. Dividend ratio: Your CET asset / Total circulating CET asset.
3. Dividend time: Once a month. The first long-term dividend will be allocated in early November.
4. If your CET holdings are on #CoinEx, we'll allocate the dividends directly to your accounts or otherwise, to your CET wallet addresses elsewhere; Unissued #CET are NOT qualified for dividend.
.
Attention: 
http://www.digitalcrypto.orgwww.digitalcrypto.org

Wednesday, July 11, 2018

Bitcoin-driven Mining Upgrade: Lock CET for HIGHER mining yield

BEFORE TOKEN MINING


AFTER TOKEN MINING

To guarantee the ongoing of Trade-driven Mining, we will make the following adjustments:


From 0:00 July 12th, 2018 (UTC), the definition of Mining Difficulty will be modified from “The upper limit of CET for hourly mining yield per account” to “The upper limit of every share of locked CET (10,000 CET per share) for hourly mining yield per account”. The more CET you lock, the more CET reward you can mine in Trade-driven Mining.


Your difficulty = Your Locked CET / 10,000 * Basic difficulty


* To balance daily CET yield, CoinEx will readjust “Basic difficulty" at 0:00 (UTC) everyday based on earnings and difficulty of the last day.

E.g. The basic difficulty is 100 CET per share per hour and the amount of your locked CET is 1,000,000.

In this case, YOUR difficulty = 1,000,000/10,000*100 CET/hour=10,000 CET/Hour



Mining Rules:-

1. Qualification: For ID verified accounts with AT LEAST 10,000 locked CET ONLY; Transactions that use CET as fees are excluded in trade-driven mining.

2. Lock CET: Users can lock CET at any time. Once locked, your Difficulty will be adjusted and come into effect in the next hour.

3. Unlock CET: Users can unlock CET at any time. Once unlocked, your CET will be released back to your account in 24 hours while your Difficulty will be adjusted and come into effect in the next hour.

4. The lower limit for locking or unlocking CET is 10,000 CET and the amount must be an integral multiple of 10,000 CET.

5. Locked CET is qualified for dividend allocation.


The above rules will come into effect at 0:00 July 12th, 2018 (UTC).

CoinEx reserves the rights of final explanation of readjusting rules of Trade-driven Mining.

Largest Cloud Mining In The World

Disclaimer

Disclaimer: For your information, trading is a high-risk activity, consult your financial advisor before making any decision. We are NOT financial advisors, and this site does not give trading advice. Our term of the content is meant for cryptocurrency technical and financial analysis education purposes only.