news4global
  • Home
  • Bitcoin
  • Blockchain
  • Business
  • Latest news
  • Market
  • Regulation
  • VideosHot
    Bitcoin At MAJOR Crossroads (IS BTC PRICE ABOUT TO CRASH?)

    Bitcoin At MAJOR Crossroads (IS BTC PRICE ABOUT TO CRASH?)

    Could the FIRST Cryptocurrency Pre Sale Altcoin of 2023 EXPLODE?

    Could the FIRST Cryptocurrency Pre Sale Altcoin of 2023 EXPLODE?

    ये Coins कर सकते बर्बाद ‼️  Solana Bad news | 30 दिसंबर को बड़ी हलचल | Cryptocurrency | crypto news

    ये Coins कर सकते बर्बाद ‼️ Solana Bad news | 30 दिसंबर को बड़ी हलचल | Cryptocurrency | crypto news

    Quant QNT Price News Today Technical Analysis – Price Now! Quant Price Prediction 2022

    Quant QNT Price News Today Technical Analysis – Price Now! Quant Price Prediction 2022

    🔥 100X POTENTIAL? 🔥 LONG TERM BNB PRICE PREDICTION – Crypto News Today

    🔥 100X POTENTIAL? 🔥 LONG TERM BNB PRICE PREDICTION – Crypto News Today

    Gravitas: Cryptocurrency: New tool for money laundering

    Gravitas: Cryptocurrency: New tool for money laundering

    Last Chance to Buy Ada (Cardano) || Ada (Cardano) Price Prediction || Ada News Today || Ada Update

    Last Chance to Buy Ada (Cardano) || Ada (Cardano) Price Prediction || Ada News Today || Ada Update

    20/12/2022 Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

    20/12/2022 Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

    🚀Binance ने Cryptowalo को Goodnews दी ✅️🚀| Cryptocurrency | Shiba inu news today

    🚀Binance ने Cryptowalo को Goodnews दी ✅️🚀| Cryptocurrency | Shiba inu news today

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Business
  • Latest news
  • Market
  • Regulation
  • VideosHot
    Bitcoin At MAJOR Crossroads (IS BTC PRICE ABOUT TO CRASH?)

    Bitcoin At MAJOR Crossroads (IS BTC PRICE ABOUT TO CRASH?)

    Could the FIRST Cryptocurrency Pre Sale Altcoin of 2023 EXPLODE?

    Could the FIRST Cryptocurrency Pre Sale Altcoin of 2023 EXPLODE?

    ये Coins कर सकते बर्बाद ‼️  Solana Bad news | 30 दिसंबर को बड़ी हलचल | Cryptocurrency | crypto news

    ये Coins कर सकते बर्बाद ‼️ Solana Bad news | 30 दिसंबर को बड़ी हलचल | Cryptocurrency | crypto news

    Quant QNT Price News Today Technical Analysis – Price Now! Quant Price Prediction 2022

    Quant QNT Price News Today Technical Analysis – Price Now! Quant Price Prediction 2022

    🔥 100X POTENTIAL? 🔥 LONG TERM BNB PRICE PREDICTION – Crypto News Today

    🔥 100X POTENTIAL? 🔥 LONG TERM BNB PRICE PREDICTION – Crypto News Today

    Gravitas: Cryptocurrency: New tool for money laundering

    Gravitas: Cryptocurrency: New tool for money laundering

    Last Chance to Buy Ada (Cardano) || Ada (Cardano) Price Prediction || Ada News Today || Ada Update

    Last Chance to Buy Ada (Cardano) || Ada (Cardano) Price Prediction || Ada News Today || Ada Update

    20/12/2022 Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

    20/12/2022 Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

    🚀Binance ने Cryptowalo को Goodnews दी ✅️🚀| Cryptocurrency | Shiba inu news today

    🚀Binance ने Cryptowalo को Goodnews दी ✅️🚀| Cryptocurrency | Shiba inu news today

No Result
View All Result
news4global
No Result
View All Result
Home Business

CryptoWatch: Bitcoin Drop and Reddit’s Community Points Bring Developments for Cryptocurrency Industry

August 22, 2022
Reading Time: 3 mins read
0
CryptoWatch: Bitcoin Drop and Reddit’s Community Points Bring Developments for Cryptocurrency Industry
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Cryptocurrency is still seeing massive volatility in the market today, especially with last week’s top crypto news seeing massive disputes on Bitcoin’s recent price drop.

CryptoWatch brings you the latest there is to the world of blockchains and digital currencies with news regarding the latest price of Bitcoin amidst the drop, Reddit’s use of crypto for Community Points, and other developments. 

Bitcoin Price Drop: Top Coins See Low Values for All

(Photo : Dan Kitwood/Getty Images)
A visual representation of the digital Cryptocurrency, Bitcoin on October 23, 2017 in London, England. Cryptocurrencies including Bitcoin, Ethereum, and Lightcoin have seen unprecedented growth in 2017, despite remaining extremely volatile. While digital currencies across the board have divided opinion between financial institutions.

Bitcoin price is still one of the most important there is to the cryptocurrency world, especially with many people looking into trading the coins and mining for them in the current industry. However, last week saw a significant decline for Bitcoin, which is already recovering from its latest price drop known as the “Crypto Winter.”

The top cryptocurrency of the world saw a drop below its $22,000 valuation, something which the coin and its users are already aiming to grow for several months since its last decline. 

Related articles

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Crypto ATM Operator Cash Cloud Files for Bankruptcy – PYMNTS.com

February 9, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Dubai’s Crypto Regulator Announces Increase In Resources To Handle New Applications – ABP Live

February 8, 2023

However, it is not only Bitcoin that saw a sizeable drop in its value as those in the market’s top list like Ethereum, Solana, Binance Coin, and Cardano also experienced it before the week ended. 

Now, Bitcoin values at $21,430 (as of 10:40 PM PT) via CoinMarketCap, Ethereum at $1,600, Binance Coin at $300, Cardano at $0.4597, and Solana at $36.21.

Read Also: RenBridge Was Used to Launder $540 Million by Crypto Criminals, Research Shows

Reddit Community Points Use Cryptocurrency

Reddit is massive on its social forum that awards posters and original content for all the help they bring to a particular subreddit or group that focuses on a topic its members discuss online. People get monetization and payment via Community Points, and it now brings cryptocurrency to award this to Redditors that they think deserve it. 

FTX announced that people might buy Community Points using Ethereum on the platform, and it is available for subreddits including r/Cyrptocurrency, and r/FortniteBR, limited on the two groups for now. There are no announcements for plans regarding its expansion to other subreddits, but it is something that most expects from the company.  

Tornado Cash Allegedly Assists Criminals?

Tornado Cash is a service that allows people to conduct transactions using cryptocurrency and hides its origin and destination for an anonymous transfer of funds for individuals. However, Dutch officials are not that much into its anonymous transactions for all and recently arrested its alleged developer, who has been charged with assisting criminals. 

The service allegedly assists criminals with their online transactions and keeps their identities safe, something the Dutch government denounces, especially during this time. Discreet transactions hide different illegal activities in them, which might be a source for criminal activities, something Tornado Cash hides from the world. 

Related Article: Exchanging Words with OKX CEO Jay Hao on the Volatile Nature of the Crypto Industry

This article is owned by TechTimes

Written by Isaiah Richard

ⓒ 2022 TECHTIMES.com All rights reserved. Do not reproduce without permission.

Tags: bitcoinCryptocurrencyReddit
Share76Tweet47

Related Posts

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Crypto ATM Operator Cash Cloud Files for Bankruptcy – PYMNTS.com

by admin
February 9, 2023
0

Crypto ATM Operator Cash Cloud Files for Bankruptcy  PYMNTS.com

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Dubai’s Crypto Regulator Announces Increase In Resources To Handle New Applications – ABP Live

by admin
February 8, 2023
0

Dubai’s Crypto Regulator Announces Increase In Resources To Handle New Applications  ABP Live

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Microsoft Launches New Bing Likely Powered by OpenAI’s GPT-4 A.I – The New York Times

by admin
February 7, 2023
0

Microsoft Launches New Bing Likely Powered by OpenAI’s GPT-4 A.I  The New York Times

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Hut 8 and US Bitcoin announce merger of equals to create a … – PR Newswire

by admin
February 7, 2023
0

Hut 8 and US Bitcoin announce merger of equals to create a ...  PR Newswire

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Record-breaking 2022 for North Korea crypto theft: UN report – CNA

by admin
February 6, 2023
0

Record-breaking 2022 for North Korea crypto theft: UN report  CNA

Load More
  • Trending
  • Comments
  • Latest

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

March 3, 2022

Bitcoin Is ‘Definitely Not a Fraud,’ CEO of Mobile-Only Bank Revolut Says

March 2, 2022
How online shopping has changed over the last 30 years | National

How online shopping has changed over the last 30 years | National

April 6, 2022
Protocon Announces ‘Contract Model’, an Alternative

Protocon Announces ‘Contract Model’, an Alternative

April 6, 2022

US Commodities Regulator Beefs Up Bitcoin Futures Review

0

Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

0

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

0

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

0
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Polygon Recruits Top Aave Lawyer Rettig for Crypto Policy Role – Bloomberg Law

February 9, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Blockchain developers have taken a decentralized interest in cloud storage – will it shake up the industry? – Forkast News

February 9, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Crypto ATM Operator Cash Cloud Files for Bankruptcy – PYMNTS.com

February 9, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Coinbase's CEO Cites 'Rumors' the SEC May Ban Crypto Staking for Retail Customers – CoinDesk

February 8, 2023

Latest News

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Polygon Recruits Top Aave Lawyer Rettig for Crypto Policy Role – Bloomberg Law

February 9, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Blockchain developers have taken a decentralized interest in cloud storage – will it shake up the industry? – Forkast News

February 9, 2023

Categories

Site Navigation

  • Home
  • About us
  • Contact us
  • Privacy policy
  • Terms and services
  • Home
  • About us
  • Contact us
  • Privacy policy
  • Terms and services

© 2022 Designed by news4global

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Business
  • Latest news
  • Market
  • Regulation
  • Videos

© 2022 Designed by news4global