Author: dfmines

submitted by /u/cryptopunk661 [link] [comments]

I’m trying to figure out if the ETH network gets so much usage if L3s would be a practical solution or even a thing. submitted by /u/Barile2007 [link] [comments]

Quick Overview of Tezos: Tezos is a public, open-source, self-amending smart contract protocol, one of the biggest ICOs ever, based on a liquid proof of stake consensus model and allowing for digital asset transactions and smart contracts execution. The network officially went live in 2018 known as the Genesis block (the network has upgraded 7…
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​ https://preview.redd.it/tsklm02tqcr71.png?width=763&format=png&auto=webp&s=578846bee5dc8ccc7b501cd6c964dc2a37510a04 submitted by /u/millispymeth [link] [comments]

Bitcoin price started a strong increase above $45,000 against the US Dollar. BTC is now facing resistance near $50,000, but it might continue to rise. Bitcoin gained pace above the $45,500 and $47,500 resistance levels. The price is now trading above $47,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $47,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower, but the bulls might remain active near $47,000 or $46,500. Bitcoin Price Gains Pace Bitcoin price started a strong increase above the $45,000 resistance level. BTC broke the $46,500 resistance level and settled above the 100 hourly simple moving average. The bulls gained strength and the price pumped above the $47,500 resistance. It even broke the $48,800 level and traded as high as $49,257. It is now correcting lower and trading below $48,500. An immediate support on the downside is near the $47,500 level. Bitcoin is now trading well above the 23.6% Fib retracement level of the recent rally from the $40,890 swing low to $49,257 high. There is also a key bullish trend line forming with support near $47,000 on the hourly chart of the BTC/USD pair. On the upside, an immediate resistance is near the $48,000 level. The first major resistance is near the $48,500 level, above which the price could revisit $49,250. Source: BTCUSD on TradingView.com The next major resistance is near the $50,000 level. A close above the $50,000 level could start a major increase in the near term. In the stated case, the price might rise towards the $52,000 level in the near term. Dips Supported In BTC? If bitcoin fails to clear the $48,500 resistance zone, it could start a fresh downside correction. An immediate support on the downside is near the $47,500 level. The first major support is now forming near the $47,250 level and the channel trend line. A break below the trend line support might push the price towards the $46,500 level. The 100 hourly simple moving average is also near the $46,500 level to provide support. The next major support might be near the 50% Fib retracement level of the recent rally from the $40,890 swing low to $49,257 high at $45,075. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now just below the 50 level. Major Support Levels – $47,250, followed by $46,500. Major Resistance Levels – $48,500, $49,250 and $50,000.

While Compound’s developers submitted a fix for the protocol’s bug on Sept. 30, the update won’t take effect until a seven-day time-lock on code updates has passed.

Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report released by a leading internet security firm. Detections fell by almost a quarter but Russia remains the most affected country, with the U.S. ranking in the top three as well. ESET: 1 in 10 Crypto-Focused Threats […]

The 500 character minimum explanation: Nearly everything I see on YouTube, Twitter and reddit from the layperson to the experts (including Plan B's STF) seem to be pointing to the next 3 to 6 months having a hyperbolic upswing for Bitcoin and crypto as a whole….Understand that I want nothing more than to be wrong…
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