Author: dfmines

Cryptocurrency News and Public Mining Pools

For fun! – Any way to mine RVN with Intel UHD 640?

This is just for fun because I have a ton of these UHD 640 built into laptops. I just want to set a bunch of them up to show several (homeschool tech group) children about mining. 🙂 It' not about the speed, it's the fact they can each sit there and watch them mine &…
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Trezor Cold storage

Hello fellow miners! I recently looked up Trezor compatible coins and RVN is now listed on there. Has anyone tried it yet? submitted by /u/Beatvictor [link] [comments]

Twin Peaks: Comparing The Two 2021 Bitcoin Tops

Speculation has been going on in the crypto community as to whether the $69k Bitcoin top was the peak of this bull run. Here’s a comparison between some indicators to see how this top compares with the $65k April peak. Comparing the Metrics Between The Nov 10th And April 14th Peaks As per the latest weekly report from Arcane Research, most of the sentiment measuring metrics highlight the differences between the two tops. The first relevant metric is the futures open interest indicator, which shows the total amount of Bitcoin involved in futures contracts at the end of a trading day. Here is how its chart compares between the April and November peaks: Looks like April 14th top had decently more open interest As you can see above, the April peak had almost 50k BTC more in open interest. This means that there was much more excess leverage in the market back then. Related Reading | Brace For More Downtrend: 15% Of Bitcoin Supply Is Now In Loss Below is another chart that compares the unregulated futures basis between the two tops. “Basis” is basically the difference between Bitcoin’s price and the futures price. Average 3-month annualized basis in the unregulated futures market The unregulated futures market basis reached almost 50% on April 14th while it was only 17% during November 10th. The basis gap between the unregulated market and CME was also higher for the former top, and so was the Korean premium. The funding rates, as well, showed substantially higher values for the period. Nov 10th recorded relatively less overheated indicators What these metrics show is that the futures froth was clearly more pronounced during the April top, and that the market was more overextended. Two other indicators, however, had higher values for Nov 10th. The first of these was the fear and greed index, a metric that measures how fearful or greedy the market is. Related Reading | TA: Ethereum Show Positive Signs, Why ETH Could Outperform Bitcoin The other was the global open interest share of Bybit and Binance. Here are how these indicators looked like for the two periods: The metrics where Nov 10th lead April 14th In conclusion the $69k Nov top has some clear differences from the $65k April peak. So it’s possible this might not be the bull run peak just yet. Some other on-chain indicators also back the idea. Bitcoin Price At the time of writing, Bitcoin’s price floats around $56.5k, down 6% in the last seven days. Over the past month, the coin has lost 10% in value. Here is a chart that shows the trend in the price of the coin over the past five days: BTC’s price continues to tumble down | Source: BTCUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, Arcane Research

Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares

The investment firm’s exposure to Bitcoin across three major funds totals roughly $303 million with 6,626,381 shares as of Sept. 30.

Is Algorand really that big of a deal?

I ran into this coin earlier this year. Bought small amount and hold it. I didn't DCA further after finding out more coins will be released on the market over several years. I also experiment with DeFi first time using Algorand chain. Funny cos I honestly thought my first DeFi experience would be on Cardano's…
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Sync iOS wallet to Desktop wallet

I use Raven Core on desktop and RVN wallet on iOS, is there a way to get these two wallets in sync? I have a small balance in the desktop wallet as well as one NFT. On RVN iOS wallet I tried the import method but it seems like all it will do is transfer…
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India: A Back & Forth Affair With Cryptocurrency

India has reportedly been set to ban all but a few private cryptocurrencies. What does it mean, and what could lie ahead? Throughout the history of cryptocurrency, many countries have attempted to ban and limit access to coins and digital wallets. Some have had success for a small window of time, only to see it busted wide open when newer coins emerge and other countries join in. India has reportedly joined the list of people to go all out, as they are on track to ban all but a few private cryptocurrencies after the government announced on Tuesday it was introducing a new financial regulation bill. The back and forth affair with India and crypto continues. A bill was recently presented, and sets to shake things up for many of big name coins in India. The ‘Cryptocurrency and Regulation of Official Digital Currency’ bill will create a facilitative framework for an official digital currency to be issued by the Reserve Bank of India, and that will look to ban all private cryptocurrencies, which includes Bitcoin and Ethereum. Related Reading  El Salvador Announces World’s First Bitcoin City, Backed By $1B Bitcoin Bonds Let The Rain Fall Down
 Prime Minister Narendra Modi said earlier this month that “all democratic nations must work together to ensure cryptocurrency does not end up in wrong hands, which can spoil our youth.” It was his first public comments spoken directly on the subject. The law, which will be presented to the parliament in the next session, will allow exceptions to promote the underlying blockchain technology, according to the parliament bulletin. The statement was provided without further details, leaving many with more questions than answers. A pre-verification approach would create obstacles for thousands of peer-to-peer currencies that thrive on being outside the scope of regulatory scrutiny. Modi recently chaired a meeting to discuss the future of cryptocurrencies, amid concerns that unregulated crypto markets could become avenues for money laundering and terror financing, according to reports in recently weeks. The new rules are also likely to discourage marketing and advertising of cryptocurrencies in order to dull their allure for retail investors, according to  an industry source who was part of a separate parliamentary panel discussion held on Monday. Bitcoin: Latest action from the top coin on the blockchain. | BTC-USD on TradingView.com Status Check The government could be looking to classify crypto as an asset class, as demanded by the crypto exchanges, rather than as a currency. A senior government official told Reuters that the plan is to ban private crypto-assets, ultimately while paving the way for a new Central Bank Digital Currency (CBDC). The Reserve Bank of India, which has voiced “serious concerns” about private crypto, is set to launch its CBDC by December. Bitcoin, the world’s biggest cryptocurrency, is hovering around $60,000 (€53,000) and has more than doubled since the start of this year; this coin has the highest rank and is all over the world both for good and some bad. Many people have speculated billions in holding of crypto located in India and that has the government on high alert. Will this be the start of countries ramping up regulation around crypto? Related Reading  El Salvador Announces World’s First Bitcoin City, Backed By $1B Bitcoin Bonds  

So. I got hacked today.

EDIT: I was scammed, not hacked, as someone has pointed out. I got hacked scammed today. It fucking sucks. Here's what happened – hopefully others will learn from my dumb ass mistakes. A week ago I moved some money into a defi protocol. Wonderland. While moving things around and connecting my wallet it seems I…
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How to file your U.S. crypto taxes!

I wanted to put together an early tax guide for those who have recently joined the cryptosphere, in an effort to help promote responsible crypto trading and investments. It's actually quite easy, but can be time consuming if you've made a lot of trades throughout the year. In the U.S., the cryptocurrency tax rate for…
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This sub is bipolar as fuck about Cardano right now. You can just trust what random people on the internet say about Cardano, or…you could look at the data…

The posts on the front page about Cardano right now are bipolar as fuck. It's true…most people would probably agree that Cardano is one of the most divisive topics of discussion on this sub. I'll admit my bias for the project, but my opinions have not been formed based on rampant, baseless speculation. Let's look…
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