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Steven_017@bbs
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Crypto Community Responds to Tornado Cash Sanctions

Hi dear banter family and friends the U.S. government banning the ethereum mixing service Tornado Cash and the enforcement that has followed has the crypto community in an uproar about the event. A large number of crypto and privacy advocates have spoken out against the actions the government has taken so far, and the nonprofit advocacy group Fight for the Future calls the ban “a threat to the future of financial privacy. Advocacy Group Fight for the Future Says US Government Threatens Financial Privacy — ‘There Are Many Legitimate Reasons to Seek Anonymity in Financial Transactions’ On August 8, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned virtual currency mixer Tornado Cash. The U.S. government claims that the application was used to allegedly “launder more than $7 billion worth of virtual currency since its creation in 2019.” Following the ban, Github contributors were suspended from the software repository platform and on August 12, the Tornado Cash Discord server was deleted. For more details check the source :  Hi dear banter friends and family i have a question  banter fam does it make sense to ban a technology or a path that people uses in a legal way  and if some one misuse the technology like criminals etc why dont you go after criminals and stop them.Dear banter fam please leave your comment regarding this Thanks .
Aug 13, 2022
Crypto Banter

Ethereum’s Goerli Testnet Implements The Merge

Ethereum’s Goerli Testnet Implements The Merge, ETH Price Jumps 74% Higher During the Past 30 Days The Merge has successfully been implemented into Ethereum’s third and final testnet, Goerli, after previously adding Merge support to the testnets Sepolia and Ropsten. The Merge was added to Goerli at approximately 9:45 p.m. (EST) on Wednesday, transitioning to a full proof-of-stake (PoS) network. Goerli’s Merge Transition Is Complete, Vitalik’s Father Dmitry Buterin Says Ethereum Will ‘Reduce Energy Consumption by -200x’ The Merge is getting closer by the day, and it’s expected to take place during the week of September 19, according to a pencilled-in date recently revealed by Ethereum developers. The new PoS system was added to the first two major Ethereum testnets Ropsten and Sepolia, and the latest implementation took place on the Goerli testing network. The upgrade happened when the network’s Terminal Total Difficulty (TTD) surpassed 10,790,000. Meanwhile, the price of ethereum (ETH) has risen 4.1% during the last 24 hours and at the time of writing, a single ether is exchanging for $1,914.80 per unit. Ethereum has increased 74.5% during the last 30 days against the U.S. dollar. Statistics taken at 2:31 a.m. Thursday morning (EST) indicate Ethereum’s hashrate is still above the 1 petahash per second (PH/s) range, or approximately 1,003,402,659,273,349 hashes per second (H/s). For more details check the source below : Hi dear Banter friends in my opinion i can be wrong  i think after the merge Ethereum  is going to be more Valuable than Bitcoin whats your opinion regarding this .
Aug 11, 2022
Crypto Banter

Bitcoin, Ethereum Technical Analysis

Bitcoin, Ethereum Technical Analysis: ETH Surges Back Above $1,700 as US Inflation Falls to 8.5% Ethereum was once again volatile on Wednesday, as prices of the token fell below $1,700 ahead of the latest U.S. inflation report. However, following the report, which came in at 8.5% in July, the token surged back above this point. Bitcoin was trading lower, as it continued to hover below $24,000. Bitcoin Bitcoin (BTC) was once again trading below $24,000 in today’s session, as the token continued to react to increased levels of market turbulence. Wednesday saw the world’s largest cryptocurrency fall to an intraday low of $22,771.52, which comes less than a day after trading above $23,900. Today’s low saw BTC/USD drop to its lowest point in the past five days, and this came ahead of the release of the latest U.S. inflation report. Ethereum After starting the day lower, ethereum (ETH) was also buoyed by the better-than-expected consumer price index (CPI) report. ETH/USD began the day trading at a bottom of $1,665.09. However, as we neared the release of the data, prices climbed by over $100. As of writing, ethereum is trading at a day’s high of $1,761.56 and rising, as bulls reentered the market following recent consolidation. For Full details check the source :  Dear banter family BTC slumped from $24K to $22.5K in couple of days ETH started day  from 1665 and gained 100$ through out the day  which is good recovery in next few days i think BTC will go in between $23K to $24K and ETH in between $1800 to $ 1900 whats you opinion my friends .
Aug 10, 2022
Crypto Banter

Bitcoin, Ethereum Technical Analysis: BTC Drops Under $24,000

Bitcoin, Ethereum Technical Analysis: BTC Drops Under $24,000 After Falling Below Key Price Ceiling Bitcoin fell below $24,000 in today’s session, as prices collided with a key resistance level. Following a strong start to the week, crypto markets were mostly in the red, with the global market cap down 2.98% as of writing. Ethereum was also trading lower, moving close to a breakout below $1,700. Bitcoin Following a strong start to the week, bitcoin (BTC) was trading in the red on Tuesday, as crypto markets were overcome with bearish sentiment. BTC/USD rallied to an intraday peak of $24,203.69 on Monday, however it dropped to a bottom of $23,372.91 earlier today. Today’s low, which saw bitcoin fall by nearly $1,000 in the past 24 hours, came as prices collided with a key ceiling. BTC/USD – Daily Chart As can be seen from the chart, this ceiling was at the $24,200 level, which was last hit on the last day of July. On that occasion, BTC rallied to as high as $24,600, before swiftly declining below the point of resistance. The latest decline comes as the 10-day (red) moving average moved closer to a downward crossover with its 25-day (blue) counterpart, which often signals an upcoming downtrend. Ethereum Ethereum (ETH) was also lower on Tuesday, with its own price moving closer to a breakout below the $1,700 level. This comes less than a day after ETH was trading at a high of $1,806.89, however it dropped by over $1,000 today. ETH/USD slipped to an intraday low of $1,700.88, as bulls battled to keep the token from falling below this point. ETH/USD – Daily Chart Tuesday’s price retreat came as there was a breakout, with the relative strength index (RSI) marginally falling below its floor of 60. Like with BTC, the 10-day moving average is also on a cusp of a breakout, however should price strength increase, then we may see ETH move back towards $1,800 Source :  dear banter fam what do you think about bitcoin & ETH  bitcoin breaks down under $24000 do you think ethereum can break upto $1700 today whats your prediction ? 
Aug 9, 2022
Crypto Banter

Governments want to control Crypto

Renowned Investor Jim Rogers Warns Governments Want to Control Crypto — 'They Want to Regulate Everything' Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned about cryptocurrency, stating that “if and when all our money is on our computer, it’s going to be government money.” Nonetheless, he noted that his wife invests in crypto. Jim Rogers’ Crypto Warning Famed investor Jim Rogers shared his view about cryptocurrency in an interview with Bloomberg, published last week. Rogers is George Soros’ former business partner who co-founded the Quantum Fund and Soros Fund Management. “A lot of people I know are investing in crypto and having fun and making money. Many have already disappeared and have gone to zero, Rogers proceeded to explain that governments will not allow other currencies to compete with their currencies. Pointing to his phone as an example of electronic money, the veteran investor opined: “When the U.S. government says, ‘okay, this is money now,’ and every government is working on crypto money, they’re not going to say: ‘This is money, but if you want to use that [other] money, you can use that money. For more details check the source below :  Dear banter friends & family first government tried to ban crypto & now they want to control crypto as Roger said government will not allow other currencies yo overtake theie currency i know its hard to accept that people have the freedom & liberty  government can try  but in my opinion its hard to stop crypto at this point dear friends leave your commeny regarding this thanks 
Aug 8, 2022
Crypto Banter