Author: dfmines

The Ethereum Foundation will pass the donations on to open-source developer teams including Besu, Erigon, Geth, Nimbus and Nethermind.

There were so many cryptocurrencies that boasted many use cases and investors thought that these coins would become something big back in 2017-2018. No one talks about Waltonchain, Dragonchain, Populous, Power ledger, and even Ravencoin to an extent. But guess what, they were the top 50 back then and everyone had their money on it.…
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Ethereum extended its decline below the $3,200 support against the US Dollar. ETH price is at a risk of more downsides below the $3,120 support zone. Ethereum extended its decline below the $3,250 and $3,200 support levels. The price is now trading below $3,250 and the 100 hourly simple moving average. There is a key bearish continuation pattern forming with support near $3,170 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue lower if it fails to stay above the $3,120 support zone. Ethereum Price Corrects Lower Ethereum failed to stay above the $3,300 support zone and extended its losses. ETH price broke the key $3,250 support zone to enter a bearish zone, similar to bitcoin. The price even broke the $3,200 support level and the 100 hourly simple moving average. Ether traded as low as $3,150 and it is now consolidating losses. It recovered above the $3,170 and $3,180 levels. There was a break above the 23.6% Fib retracement level of the recent decline from the $3,380 swing high to $3,150 low. It is now consolidating below $3,250 and the 100 hourly simple moving average. There is also a key bearish continuation pattern forming with support near $3,170 on the hourly chart of ETH/USD. On the upside, an initial resistance is near the $3,200 and $3,220 levels. A clear break above the triangle resistance and $3,220 might call for a steady increase. The next key resistance is now forming near the $3,265 level. It is close to the 50% Fib retracement level of the recent decline from the $3,380 swing high to $3,150 low. Source: ETHUSD on TradingView.com Any more gains may possibly call for a move towards the $3,300 level in the near term. An intermediate resistance may possibly be near the $3,292 level. More Losses in ETH? If ethereum fails to continue higher above the $3,200 and $3,220 resistance levels, it could extend its decline. An immediate support on the downside is near the $3,150 level. The key support is now forming near the $3,120 zone. A downside break below the $3,120 support zone could push the price further lower. The next major support could be $3,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly losing pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is still below the 50 level. Major Support Level – $3,120 Major Resistance Level – $3,265

Pre-post edit: This took me longer than I thought it would to type. I drank two more whiskey drinks than I thought it would take. I'm sorry for the typos, but take it easy on me, please. /edit ​ This is my first in depth post, so take it easy on me. I am by…
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I know there is Eth, Matic, and FTM, but I would like to know all of the compatible cryptocurrencies. submitted by /u/EdgedSurf [link] [comments]

Coinbase customers are venting again in frustration with the lack of customer support from the $65 billion company.

Galaxy Digital and Alerian announced the launch of eight passive crypto indexes that are rebalanced monthly and weighted equally.

The Philippine government is yet to determine whether Axie’s in-game NFTs should be classified as securities or currency.

Is there something i have to do to start the process ? submitted by /u/emrcreate [link] [comments]