Author: dfmines

Cryptocurrency News and Public Mining Pools

Why so much hate for Cordano?

Hi It is strange how many in here bash cardano. I mean if someone wants free moons you can title your post "cardano is overrated" and a flood of praises will follow. Cardano has many advantages comparing to other L1 projects: Academic team who are actively researching new horizons and publishing papers. Novel double layer…
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Bithumb to block crypto withdrawals to unverified private wallets

Bithumb users in South Korea have just two days to perform another round of KYC in order to whitelist their personal wallets, or crypto withdrawals will be blocked.

LBank Exchange Will List ADENE (ADEN) on January 27, 2022

PRESS RELEASE. INTERNET CITY, DUBAI, Jan. 25 2022 – LBank Exchange, a global digital asset trading platform, will list ADENE (ADEN) on January 27, 2022. For all users of LBank Exchange, the ADEN/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on January 27, 2022. The gambling industry has become an empire […]

Paris Hilton says that the Metaverse will be the ‘future of partying’

The pop-culture princess gifted everyone in the audience at ‘The Tonight Show’ with an NFT from her new upcoming collection with Super Plastic.

Myanmar Military Government Proposes to Jail Digital Currency and VPN Users

Myanmar’s military-ruled government is proposing to enact laws that will see users of virtual private networks (VPN) and digital currencies being jailed for up to three years. In addition, offenders will be made to pay fines of up to $2,800. Draft Bill Open for Comments Myanmar’s military-ruled government is proposing to enact a law that […]

TA: Ethereum Turns Red, What Could Trigger Steady Recovery

Ethereum extended decline below the $2,400 support zone against the US Dollar. ETH price is recovering, but it must clear $2,550 for a steady upward move. Ethereum extended decline below the $2,500 and $2,400 support levels. The price is trading below $2,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it fails to recover above $2,500 and $2,550. Ethereum Price Keeps Struggling Ethereum started a major decline after there was a close below the $3,000 level. ETH traded below the key $2,500 support zone to move into a bearish zone. The price even traded below the $2,400 level and settled below the 100 hourly simple moving average. Finally, it traded as low as $2,160 and currently correcting higher. There was a move above the $2,300 and $2,350 levels. Ether price climbed above the 50% Fib retracement level of the recent decline from the $2,547 swing high to $2,160 low. An initial resistance on the upside is near the $2,420 zone. There is also a key bearish trend line forming with resistance near $2,450 on the hourly chart of ETH/USD. The trend line is close to the 76.4% Fib retracement level of the recent decline from the $2,547 swing high to $2,160 low. The first major resistance is near the $2,500 level. The main resistance sits near the $2,550 level. Source: ETHUSD on TradingView.com If there is an upside break above $2,550 resistance, zone, the price could start a decent recovery wave. The next major resistance is near the $2,750 level. More Losses in ETH? If ethereum fails to start a recovery wave above the $2,550 level, it could continue to move down. An initial support on the downside is near the $2,320 level. The first key support is now forming near the $2,250 level. A downside break below the $2,250 level might start another strong decline. The next major support for the bulls may perhaps be near the $2,150 zone. Any more losses could push the price towards the $2,000 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now near the 50 level. Major Support Level – $2,150 Major Resistance Level – $2,550

An NFT proves ownership. Or does it?

Say I mint an NFT and in the metadata, I point to https://en.wikipedia.org/wiki/Google_logo#/media/File:Google_2015_logo.svg as the image I own. Does this mean I own the Google logo now? And I can prove it with my NFT? submitted by /u/SaaSWriters [link] [comments]

Green shoots? Institutional crypto funds see first inflows in 5 weeks

Nearly $14 million has been returned to BTC institutional funds over the past week, but Ethereum-based products are still seeing major outflows.