Author: dfmines

Cryptocurrency News and Public Mining Pools

Ethereum Community Proposed New Sharding Plan

submitted by /u/LuckyHash- [link] [comments]

ALGO is not garbage, it’s one of the most user friendly projects

As you should be aware, this post is currently trending and much of the information there is absurd, OP is clearly hating on ALGO. Complaining about the official wallet? Seriously? It's the best wallet I've used, so simple and works all the damn time. Poor price action? Your ass. It's been doing really good. He…
Read more

SHIB to RVN

After watching ETH difficulty climb day by day, I switched from SHIB to RVN mining. We started out at around 150 Mh (about half of SHIB hash rate) and then spiked to 238 Mh. I got slammed (on ETH mining groups) for even suggesting this idea a few weeks back. I’m going to mine RVN…
Read more

Coinbase exec says major Ethereum scaling improvements coming soon

The Chief Product Officer at Coinbase foresees that there will be more advances in layer 1 to layer 2 bridges and rollup technologies.

We move up 10 places in rank and get 12% return graaaaape

submitted by /u/Life_Reality_5773 [link] [comments]

TA: Bitcoin Turns Lower, Why Bulls Could Struggle In Near Term

Bitcoin started a fresh decline from the $48,000 resistance against the US Dollar. BTC remains at a risk of a sharp decline below the $46,000 support zone. Bitcoin started a fresh decline after it failed to clear the $48,000 resistance level. The price is trading below $47,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $47,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains at a risk of a major decline if there is a clear move below $46,000. Bitcoin Price Remains At Risk Bitcoin price failed to climb above $48,000 and started another decline. BTC traded below the $47,500 and $47,200 levels to move further into a bearish zone. The price even moved below the $46,500 level and the 100 hourly simple moving average. A low was formed near $45,707 and the price is now consolidating losses. It tested the 23.6% Fib retracement level of the recent decline from the $47,950 swing high to $45,707 low. Bitcoin price is now trading below $47,000 and the 100 hourly simple moving average. The first major resistance on the upside is near the $46,850 level. It is near the 50% Fib retracement level of the recent decline from the $47,950 swing high to $45,707 low. Source: BTCUSD on TradingView.com Besides, there is a key bearish trend line forming with resistance near $47,100 on the hourly chart of the BTC/USD pair. A clear move above the $47,000 resistance zone and the trend line could start a fresh increase. The next major resistance is near the $48,000 level. Any more gains could send the price towards the $48,500 level in the near term. More Losses In BTC? If bitcoin fails to recover above $47,000, it could continue to move down. An immediate support is near the $46,000 zone. The first major support is near $45,800. A downside break below the $45,800 level could push the price further lower. In the stated case, the price may possibly decline towards the $43,500 level in the coming sessions. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is below the 50 level. Major Support Levels – $46,000, followed by $45,800. Major Resistance Levels – $46,800, $47,000 and $47,100.

Crypto predictions platform Polymarket fined $1.4M by CTFC

“All derivatives markets must operate within the bounds of the law regardless of the technology used,” said Acting Director of Enforcement Vincent McGonagle.

I’m new and need help

So I’m new to crypto and honestly investing in general but seeing as though this is the future I need help understanding what the terms and everything mean I keep hearing about ledgers and wallets and don’t know. What they are I was wondering if anyone has a step by step guide for dummies on…
Read more

Six months ago, I gave my kids $100 each and asked them to pick three cryptos in a 40:30:30 ratio to track. I will give them all the profits their investment has earned when they turn 18. This is what they chose (and how its going).

Six months ago, I made a post about giving my kids $100 in crypto and asking them to choose three cryptos each. I was asked by many in the thread to post a monthly update. I only have the time about every two months, so, here are the results after six months. Also, two of…
Read more

Crypto is ‘not a fad’ says Morgan Stanley CEO Gorman, ‘It’s not going away’

submitted by /u/fallenkeith2018 [link] [comments]