Senator Warren’s office confuses MakerDAO for failed 2016 project The DAO
Elizabeth Warren’s office has allegedly confused top 10 DeFi protocol MakerDAO with an early experiment in decentralized autonomous organizations that failed in 2016.
Elizabeth Warren’s office has allegedly confused top 10 DeFi protocol MakerDAO with an early experiment in decentralized autonomous organizations that failed in 2016.
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submitted by /u/SoSoPatPat [link] [comments]
Bitcoin price settled below $46,000 and declined heavily against the US Dollar. BTC even traded close to $40,000 before starting an upside correction. Bitcoin is down over 10% and it broke the $45,000 and $43,000 support levels. The price is now trading below $43,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $43,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could resume its decline if it fails to recover above the $43,000 zone. Bitcoin Price Corrects Losses Bitcoin price failed to stay above the $46,000 support zone. As a result, there was a sharp decline in BTC below the $45,000 level (as discussed yesterday). The price broke many support zones near $44,000 and $43,000 to enter a bearish zone. The decline gained below $42,000 and the price settled below the 100 hourly simple moving average. It traded close to $40,000 and a low was formed near $40,200. Bitcoin is now correcting higher and it broke the $41,500 level. The price was able to surpass the 50% Fib retracement level of the recent drop from the $44,250 swing high to $40,200 low. An immediate resistance on the upside is near the $43,000 level. The first major resistance sits near the $43,100 level. There is also a major bearish trend line forming with resistance near $43,100 on the hourly chart of the BTC/USD pair. Source: BTCUSD on TradingView.com The trend line is close to the 76.4% Fib retracement level of the recent drop from the $44,250 swing high to $40,200 low. To start a strong recovery, the price must clear the $43,100 resistance. The next major resistance is near the $44,000 zone, above which the price could revisit the $45,000 resistance. More Losses In BTC? If bitcoin fails to clear the $43,100 resistance zone, it could resume its decline. An immediate support on the downside is near the $42,200 level. The next major support is near the $41,500 zone. A downside break below the $41,500 zone could trigger a fresh decline towards the $40,500 level or even $40,000. 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 still well below the 50 level. Major Support Levels – $41,500, followed by $40,500. Major Resistance Levels – $43,000, $43,100 and $44,000.
The Solana Foundation says bots spammed the Grape Protocol IDO on Raydium with 400,000 transactions per second, bringing the network to its knees.
ALGO is the only blockchain to have Pure proof of stake in it's base layer. This technology in the blockchains first base layer, makes the blockchain more secure, scalable and decentralized then proof of work or the standard proof of stake currently being implemented into ETH and the others. These transactions are extremely fast, (2.0…
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Someone has deposited a random shitcoin into my ETH wallet. Do I have to just leave it there forever? Can I be sure my wallet is safe if I don’t do anything with it? submitted by /u/roargamortis [link] [comments]
I can't for the life of me figure out why during a market downturn everyone here is so quick to cry out "we don't know shit about fuck." All it reads to me is that people want to feel smart during the pumps, but rid themselves of accountability during the dumps. We do our research…
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Turkish President Recep Tayyip Erdoğan has clarified the government’s stance on cryptocurrencies, stating that the country is at war with crypto. He emphasized that Turkey will continue with its own currency. A War and a Struggle Against Cryptocurrency Turkish President Recep Tayyip Erdoğan answered some questions from young people in the “Meeting with Youth” program […]
Hey guys I was just wondering realistically what kinds of corporate/non-corporate major adoptions of ravencoin we could see within the year, because ofc ravencoin needs this to grow. It needs a place to set the stage and really show of its potential. submitted by /u/ZugZug_TukTuk [link] [comments]