Author: dfmines

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

I find amusement and joy in NFT art and have several small collections both for my personal enjoyment and as planned investments. That being said, digital art is one single early use case for NFTs and, if you ask me, is not even close to being the most important one. Like I said before, I…
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There actually a resistance level that EIP-1559 base fees are always struggling to go under. This resistance currently sits somewhere around 50 gwei. When a lot of people submit transactions with similar fee caps, they create a resistance level. Once the base fee becomes smaller than the resistance level, miners would produce blocks full of…
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This may be a dumb question, but could Eth miners stop the merge from happening? Could the final merge to POS result in a hard fork? If Eth is decentralized how can an update like this be forced without the miners agreeing to eliminate themselves? submitted by /u/Swampdoggo [link] [comments]

submitted by /u/ShutUpBabyIKnowIt420 [link] [comments]

Bitcoin is forming a double bottom pattern near the $45,500 zone against the US Dollar. BTC is rising and there could be an upside break above $47,200. Bitcoin started an upside correction from the $45,500 support zone. The price is now trading near $47,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $47,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a major increase if there is a clear move above the $47,000 resistance. Bitcoin Price Forms Double Bottom Bitcoin price declined again below the $46,500 level. BTC traded below the $46,000 level, but the bulls remained active near the $45,500 support zone. A low was formed near $45,600 and the price is now recovering higher. It seems like the price is forming a double bottom pattern near the $45,500 zone. There was a move above the 23.6% Fib retracement level of the downward move from the $48,289 swing high to $45,600 low. Bitcoin price is now trading near $47,000 and the 100 hourly simple moving average. It is facing resistance near the $47,000 zone. There is also a major bearish trend line forming with resistance near $47,000 on the hourly chart of the BTC/USD pair. The trend line is near the 50% Fib retracement level of the downward move from the $48,289 swing high to $45,600 low. A clear move above the trend line could stage a strong move above $47,200. Source: BTCUSD on TradingView.com The next key resistance could be $48,000, above which the price might rise towards the $48,500 resistance. If the stated double bottom pattern is valid, the price may possibly rise towards the $50,000 resistance zone. Dips Limited In BTC? If bitcoin fails to clear the $47,000 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $46,500 level. The first major support is near $46,200. A downside break below the $46,200 level could push the price towards the $45,500 support, where the bulls might remain active in the near term. Technical indicators: Hourly MACD – The MACD is slowly gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently above the 50 level. Major Support Levels – $46,200, followed by $45,500. Major Resistance Levels – $47,000, $48,000 and $50,000.

FTX continues its path toward the sports world as it signed a partnership with Monumental Sports Entertainment (MSE) on Monday. The deal makes it so FTX US will be MSE’s exclusive crypto exchange and non-fungible token partner. FTX and Monumental Sports Entertainment to Collaborate Monumental Sports Entertainment (MSE) announced on December 20, that the organization […]

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

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

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