Author: dfmines

Part of its actions will include raising public awareness about the risks inherent in crypto-assets and decentralized finance.

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Trader Joe says its “Liquidity Book” will mitigate the impermanent loss “suffered by so many liquidity providers on other DEXs” during times of market turbulence.

“It’s clear from the draft framework that what they’re looking at is wagering using cryptocurrency,” said Julian Hoskins, the principle of gambling law and regulatory advisory firm Senet.

A lot of people have become skeptical saying “if crypto was supposed to fight tyranny and centralized authority, then how did the US government cause such a ripple in the space?” The main reason this happened is because of us, not crypto itself. We let centralized exchanges take over the entire crypto space. What do…
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Ethereum is struggling to clear the $1,650 resistance against the US Dollar. ETH remains at a risk of more downsides below the $1,500 support. Ethereum attempted to clear the $1,650 resistance but failed. The price is now trading below $1,630 and the 100 hourly simple moving average. There is a key rising channel forming with support near $1,605 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if there is a clear move below the $1,545 support zone. Ethereum Price Turns Red Ethereum started a minor upside correction from the $1,520 support zone. ETH climbed above the $1,550 and $1,600 levels. The price even climbed above the $1,640 level and the 100 hourly simple moving average. There was a break above the 23.6% Fib retracement level of the key decline from the $1,880 swing high to $1,524 low. However, the bears were active above the $1,650 level. There was no upside continuation above the $1,680 level. Ether price is now trading below $1,630 and the 100 hourly simple moving average. It is also testing the $1,600 support zone. Besides, there is a key rising channel forming with support near $1,605 on the hourly chart of ETH/USD. An immediate resistance on the upside is near the $1,630 level. The first major resistance is now forming near the $1,650 level. Source: ETHUSD on TradingView.com A clear move above the $1,650 level could send the price towards the $1,700 resistance zone. It is near the 50% Fib retracement level of the key decline from the $1,880 swing high to $1,524 low. The next major resistance is near the $1,740 level, above which the price could rise and test the $1,800 resistance. Fresh Drop in ETH? If ethereum fails to rise above the $1,650 resistance, it could continue to move down. An initial support on the downside is near the $1,600 zone and the channel trend line. The next major support is near $1,545, below which ether price might accelerate lower. In the stated case, the price may perhaps decline towards the $1,500 level. Any more losses may perhaps open the doors for a move towards the $1,450 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,545 Major Resistance Level – $1,650

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Pavel Durov, CEO of Telegram, has hinted at a series of Web3 enhancements coming to the popular messaging platform. Durov talked about the benefits that tradable usernames and channel links might have in the future, creating a marketplace where users could use them in the same way Ethereum Name Service addresses are utilized. Telegram Might […]

It’s too bad, as a majority of the crypto investors surveyed said they became interested in crypto as they thought it was a good way to make money.

Crypto educated American moms and dads are already sinking an average of $766 into extra-curricular crypto education for their kids, according to the survey.