Author: dfmines

End of June and mid July we were sitting around $1800 a share. Now that we’re getting upwards of $4000 a share (like mid May) again, can we expect to see another dip right after, or after a slightly higher share price, say $5000? Should we expect to see them come in almost evenly rising…
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General Conclusion APR and APY are used in many yield farming programs in DeFi protocols. However, they are not the same thing! We, the participants in the market, are not only investing but actively receiving yields by farming and staking DeFi tokens. So these basic terms are not only important, but they are also information…
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submitted by /u/nousemercenary [link] [comments]

Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir, has overestimated their role in the power deficit. Illegal Miners Burn Less Energy Than Tavanir Estimates, Ministry of Industries Says An official from the Iranian […]

submitted by /u/Tahmid_0007 [link] [comments]

SEC chairman Gary Gensler promoted cooperation between Europe and The United States in seeking to regulate decentralized financial technologies.

Scams make up the largest share of funds sent from Eastern Europe to illicit addresses.

It's quite certain it's not the bear market now. Dead cat bounces don't bounce so high. Coins like ETH are almost reaching the All Time High again. Conclusion: What happens in 2017/2018 is not guaranteed to happen again in 2021! There are many differences in 2021: Increased institutional adoption and buying Rise of DeFi (people…
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Bitcoin price started a steady increase above the $48,000 resistance zone against the US Dollar. BTC is now trading above $49,500 and it could accelerate above $50,000. Bitcoin started a fresh increase above the $48,500 and $49,000 resistance levels. The price is now trading well above $49,000 and the 100 hourly simple moving average. There was a break above a crucial bearish trend line with resistance near $47,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate further higher once there is a close above the $50,000 zone. Bitcoin Price Breaks Key Barrier Bitcoin price formed a base above the $46,500 zone and started a steady increase. BTC was able to clear the $48,500 resistance zone to move into a positive zone. Besides, there was a break above a crucial bearish trend line with resistance near $47,750 on the hourly chart of the BTC/USD pair. The pair gained pace above the 61.8% Fib retracement level of the key decline from the $49,678 swing high to $46,533 low. Bitcoin is now trading well above $49,000 and the 100 hourly simple moving average. It is consolidating near the $49,800 resistance zone. On the downside, an initial support is forming near the $49,650 level. Source: BTCUSD on TradingView.com The first key support is forming near the $49,500 level. If there is a downside break below the $49,500 support zone, the price might decline towards $48,800. The next major support is near the $48,500 level, where the bulls are likely to emerge. More Upsides In BTC? If bitcoin stays above the $49,500 support zone, it could continue to rise. An immediate resistance on the upside is near the $49,850 level. The first major resistance is near the $50,000 level. A close above the $50,000 level could lift the price further. The next stop could be the 1.236 Fib extension level of the key decline from the $49,678 swing high to $46,533 low. Any more gains could lead the price towards the $52,000 resistance zone in the coming sessions. An intermediate resistance is near the $51,550 level. Technical indicators: Hourly MACD – The MACD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is well above the 60 level. Major Support Levels – $49,500, followed by $48,800. Major Resistance Levels – $49,800, $50,000 and $50,400.