Author: dfmines

Cryptocurrency News and Public Mining Pools

I analyzed some data in the last week and 90% of Project promoted on r/CryptoMoonShot failed astronomicaly(dropped by more then 75%)

As the title said, I checked a bunch of crypto project promoted on the subreddit CryptoMoonShot and 10 of the 12 token I check dropped by more then 75% wich make me think they are mostly scam or as expected shitcoin without any future. Just wanted to post it here in case some newbies fall…
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Why Fighting the Infrastructure Bill’s Crypto Language is Important

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

Truly unpopular opinion: Untraceable coins should have no future and are dangerous to democracy.

I know people here like privacy, but if cryptocurrencies go mainstream then if have to be traceable. So many countries have one (or more) of theses problems: Corruption in public procurement. Political party funding with injustificated money Secret lobby. Narco-states. Super rich who do not pay taxes. Bribery. And the list go on. And as…
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Monero’s former maintainer arrested in the US for allegations unrelated to cryptocurrency

An arrest warrant for Riccardo Spagni was issued on July 20, 2021, at the request of the South African government. He was apprehended the same day in the United States.

RVN NFT scene level up – How to install Raven Trader Pro

Hi all, I recently put together a new guide on how to install Raven Trader Pro – this is software created by Ben who some of you may know. If you have got your head around NFTs at this point, and can see the potential for the various different token types. Then now is the…
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Protip: Brave has a playlist function that lets you play YT videos while your phone is closed

So even though this feature came out a couple a months ago I feel like it went under the radar. Brave has launched a playlist feature that lets play YouTube videos even with your phone closed. Besides that, it is of course free from YouTube ads, but you can still get rewarded with BAT when…
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Bitcoin Is More Oversold Than It Was At ATH In April, Says Analyst

Bitcoin has continued to show tremendous gains lately in the market. The weekend saw the price of the digital asset shooting up above $42,000 for the first time in over a month, seeing continuous green daily closes for nine days straight for the first time in ten years. Following this has been a number of speculations on why this is happening. And more importantly, how this trend is most likely to end. The indicators continue to point towards bullish but with the price fluctuations that bitcoin is notorious for, there is no telling how exactly the current uptrend will end. Related Reading | 8 Green Candles: Here’s What Happened The Last Time In Bitcoin Talking on this was Matt Maley, a chief market strategist at Miller Tabak & Co., who was on MarketWatch’s call of the day. Maley explained his reasoning behind what he believes was needed for the current gains in the market to stick as prices rally. Don’t Get Too Excited Maley started out with some advice for investors, who he tells to gauge the action of the prices during the normal market hours. Alluding to the fact that the recent bitcoin price rallies have been happening during off-market hours, which are weekends, nights, and early mornings. He attributes this advice to the markets being much thinner, with lower volumes, during off-market hours. Thus, it is imperative that the movement of the digital asset be observed during normal trading hours to see how the price moves. Related Reading | Fast Money’s Brian Kelly Remains Bullish On Bitcoin, Here’s Why Maley warned to not get too excited about the recent price increases. Waiting to see what the market does continues to be Maley’s advice to clients with regards to the weekend price rallies that have been experienced in the market. “The markets are much ‘thinner’…and the volumes are much lower…on the weekends,” Maley said. “So we’ll want to see [if] bitcoin can remain above $40k once we get into next week before we get too excited.” BTC price dips following weekend rally | Source: BTCUSD on TradingView.com Maley continues to want to wait to see how the price holds up this week before anything else. His target is now the 200-daily moving average (DMA), and that stands at $44,600. Opining that the DMA had gotten close to that level since the rise and falls since May, twice. But had rolled over both times before hitting it. “Therefore, it could/should provide some resistance upon any further rally in early August,” said Maley. Bitcoin Is Oversold Maley pointed out that the digital asset now looks overbought on the current short-term basis. This is based on the Relative Strength Index of the asset, an oscillating indicator used to track the magnitude of recent losses in relation to recent gains. Related Reading | Bitcoin To Reach New All-Time Highs, Market Strategist Talking about bitcoin being oversold, Maley said, “Don’t get us wrong, it got much more overbought before it rolled over in January and February … and in November of last year.” Continuing on, Maley added, “However, it is more overbought than it was at the all-time high in April, so investors and traders alike will have a lot more confidence if this weekend’s move holds into the middle of next week.” The price of bitcoin has continued to show strong bullish indicators following the recent dip in the price. But if Maley is correct in his analysis and bitcoin is overbought, then the market might continue to see further dips in the price of the digital asset. Related Reading | Why Another Wave Up For Altcoins Is Probable According To BTC Dominance This could push the price of bitcoin down past $35,000 as the price finds a comfortable correction point following the rally. As of the time of this writing, bitcoin is currently trending up slowly following the dip in the early hours of Monday, trading at $39,443 according to TradingView.com. Featured image from CoinDesk, chart from TradingView.com

Bitcoin chart fractal suggests BTC price will rally to at least $80K by September

Calls for a doubled-up Bitcoin price rise as the cryptocurrency paints ten green candles in a row.