Author: dfmines

Cryptocurrency News and Public Mining Pools

Do NOT Buy The Dip!

I know this goes against the feeling in your bones that the dips must be bought. I'm begging please for the love of everything don't buy the dip. The economic signs are looking atrocious. The Fed is still fighting half-century high inflation. Last month saw a slight decline in yearly inflation and this decline was…
Read more

Is 0.5% Rejection Good?

As per title, I have been mining Ravencoin for a long time and only recently started to see my rejection rate from 0.2%-0.3% has increased to 0.5%. Rejections are a combination of invalid solutions and stale jobs(I am not sure how to check the exact numbers on T-rex miner). I am using Asus Tuf 3070…
Read more

Cardano (ADA) Could Shed Another 14% Off Its Price – Here’s Why

Cardano (ADA) declined significantly over the past few days, resulting in a price drop of 22.6%.         ADA price seen losing another 14% in the coming days         Cardano buyers drop support at the 20-day EMA         ADA intraday trading volume registers a 104.6% gain The expanded selling activity results in the offshoot of the critical supporting EMAs that are attempting to break the support zone of $0.45. So, this provides an opportunity for buyers to take advantage of price drops. Related Reading: FLOW Reclaims Green Turf After 7-Day Losing Streak Cardano Shows Bullish Reversal The ADA/USD price shows a bullish reversal swinging from $0.4 forming a rising channel pattern with a price spike of 47.5%. On the other hand, the price rejection presents at the $$0.595 level support the 22.6% price decline; that shreds below the support trendline. As of this writing, ADA price shows a bearish movement as it trades at $0.4551 or a decline of 3.07%, according to CoinMarketCap. On the daily chart, the ADA price demonstrates the formation of a triple black crow pattern that shows some significant struggle with hedging on support $0.45. Chart from TradingView.com More so, the intensified selling pressure is apparent especially with the sudden surge in intraday trading volume plus the appearance of long-wick candles. The bearish continuance seen over the daily chart strengthens the possibility of ADA having a downtrend or falling below the key support zone of $0.45. With that in mind, a short-selling opportunity could arise with the shackling of the key support zone with the opportunity of a 13% decline to revert to July’s low that registered at $0.4. ADA Price Remains Bearish On the other hand, if there is a price rejection that coincides with the bullish reversal on the $0.45 support zone, then this could trigger a price increase that hovers above the 50-day EMA. RSI for ADA shows a dramatic increase in the coin’s bearish character as it plunges below the 14-day half line or average line. A few days ago, ADA created this fake breakout that caused confusion for market participants. It was observed that ADA price rose to $0.55 and then dipped below in a few days time registering a week’s loss of 12.9%. With these figures, ADA is seen to fall below the mark especially this August. General outlook for Cardano remains extremely bearish. The MACD signals also show that ADA price may revisit its lows seen on mid-July with the ongoing correction. Related Reading: Chainlink In Bearish Mood As LINK Price Retreats To $8.63 BTC total market cap at $15.25 billion on the daily chart | Source: TradingView.com Featured image from Freepik, Chart from TradingView.com

Uniswap Censors 253 Crypto Addresses Blacklisted for Crime, Sanction Associations

According to a recently published report, the decentralized exchange (dex) Uniswap has blocked roughly 253 cryptocurrency addresses allegedly tied to crimes or government sanctions. The information was discovered by the software developer Banteg who analyzed and saved the shared logs from Uniswap’s server. 30 out of the 253 Blocked Addresses Are ENS Domain Names, Uniswap […]

Death to Ethereum

What a garbage coin to begin with. Why even bother with another besides bitcoin. Now eth moving to proof of stake, LOL submitted by /u/DarkMonkey98 [link] [comments]

Where is your god now?

submitted by /u/DarkMonkey98 [link] [comments]

any web3 crypto/nft projects hiring looking for work

i’m 17 and am a fast learner and can grasp concepts quickly also i have unlimited time as i have finished high school and wouldn’t mind working a lot of hours if you have a project or know anyone who is hiring for one please reach out it’d really help me thank you so much…
Read more

Crypto Winter Freezes Have Turned Investors Onto Hardware Wallets

submitted by /u/KingKDDavid [link] [comments]