Author: dfmines

Cryptocurrency News and Public Mining Pools

PSA: The whales will try to grab your gains so remember that Stop Loss and Limit Orders are your friends!

Some of you are new, a lot of us are not. And those who aren't experienced it, the euphoria, the denial, the despair, all if it. Many even multiple times. On past cycles people missed out on their gains simply because they refused to take any profits, or even worse others became victims of the…
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‘Science needs an update’: How DeSci can fix junk science and cure baldness

DeSci advocates say “traditional science” has fallen prey to regulatory capture and been maligned by corporate greed, and now a blockchain-based update is in order. 

How i predict the bullmarket will turn out

Recently my exchange made a survey where most people believe that Btc will Top at 120-150k. I assume most people think it will only 2-3x compared to last cycle because of law of diminishing returns and it barely did a 3,5x last cycle. However i believe that Btc will go much higher this cycle for…
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ETH TO THE MOON!!

Anybody know what Vitalik is up to ? I feel like ETH is holding in a nuclear fart! 💨 🚀 submitted by /u/SmrtphnBxng3R [link] [comments]

Exited Validator but withdrawal of my 32 ETH not working

Why was my withdrawal not processed? I waited like 5 days for this withdrawal after exiting my validator (nothing happened) and now it shows another withdrawal in 9 days? Do I actually need to do something to withdraw? Is just exiting the validator in the dappnode interface not enough? https://preview.redd.it/3fwtfqfgdg2e1.png?width=2928&format=png&auto=webp&s=1f255d41d19fe46823a4a8d0e81dbfaeedb0a188 submitted by /u/Ava_Miller101…
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Allianz, Germany’s biggest insurer, buys 24% of MicroStrategy’s $2.6B notes

The insurance giant reportedly made the investment across four different sub-organizations, according to Bloomberg Terminal data shared by pseudonymous analyst Petruschki.

BTCTKVR: Privacy Magazine Makes Crypto Cypherpunk Again

PRESS RELEASE. As cryptocurrency adoption grows, the cypherpunk spirit appears to be fading. The crypto anarchists who started it all often find themselves outnumbered and have their voices drowned out by misguided speculators who are more than willing to surrender their privacy and sovereignty in exchange for some price pumps. However, these cypherpunk principles are […]

Bitcoin Hits S2F Threshold: Should You Hold Tight Or Take Profits?

Bitcoin has so far continued to level up in terms of price performance, hitting new highs consistently for the past week. As a result of this, investors seem to be curious about whether it’s time to secure profits or stay bullish for the next leg of the cycle. A recent analysis by a CryptoQuant analyst, known as Darkfost, sheds light on this and the current market sentiment, offering insights into potential strategies for navigating the current phase of Bitcoin’s cycle. Related Reading: Analyst Reveals Bitcoin’s Hidden Price Zones: Key Levels Investors Need To Watch Time to Secure Profits? Darkfost’s observations center around the S2F reversion metric, a tool used to gauge market conditions and identify strategic moments for buying or selling Bitcoin. According to the analyst, this metric has reached 2.5, a historical indicator that signals the market is “heating up.” While this doesn’t suggest Bitcoin has reached its cycle peak, it indicates that the asset is entering a phase where profit-taking could be a wise strategy. Darkfost wrote: Currently, the S2F reversion has reached the 2.5 level, which historically suggests that starting to take some profits may be prudent. This doesn’t indicate we’ve reached the cycle’s top, but it means that the market is beginning to heat up but stay bull. Notably, the S2F (Stock-to-Flow) reversion metric is derived from Bitcoin’s stock-to-flow model, which compares the asset’s existing supply with its annual production rate. This model has historically provided insights into Bitcoin’s valuation and potential price movements. The S2F reversion specifically measures deviations from this model, with higher levels typically indicating overbought conditions in the market. While the S2F metric for Bitcoin has now reached 2.5 level, Darkfost has pointed out when to take profit, noting: The next target for further profit-taking would likely be when the S2F reversion metric reaches the 3.0 level. Bitcoin Market Performance Bitcoin remains in a bullish trend. Earlier today, the asset reached a new all-time high (ATH) of $98,310 bringing its year-to-date price performance to over 160%. Related Reading: Crypto Analyst Warns of Potential Bitcoin Market Shift as Exchange Reserves Decline However, at the time of writing, BTC has faced a little price correction from its peak as it trades for $97,236, down by 1.2% from its ATH but still up by 3.1% in the past day. Analysts say the asset is primed for a further rally to the six-figure price mark. Ali, one of the prominent crypto analysts in the space, for instance has recently highlighted that with Bitcoin breaking out of a bullish flag on the lower time frames, the asset could reach $100,000 as soon as today. #Bitcoin $BTC could reach $100,000 today as it appears to be breaking out of a bull flag on the lower timeframes. pic.twitter.com/UKKcXilHO4 — Ali (@ali_charts) November 21, 2024 Featured image created with DALL-E, Chart from TradingView

Now the market is back hitting all-time highs… what do you see as the short-term risks?

When the market is going vertical and the greed barometer is almost at full, I think it's more important than ever to play devil's advocate. I feel there's always a notion from cynics that somehow everyone in crypto is blind to potential risks and pitfalls. Many suggesting that someday everything will implode and go to…
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The ultimate crypto DCA strategy: I analyzed 40,000+ cryptocurrencies over the past 10 years to create an optimal DCA strategy for the crypto market

Scottie Pippen, who is in the NBA Hall of Fame, tweeted the following on Sep 4th: https://preview.redd.it/qi9x6niwwf2e1.png?width=528&format=png&auto=webp&s=d4901c836e99762fbb3aaeaa37a0bfbb7ca2ebfc While we can all wish Nakamoto to give us stock tips in our dreams, a more realistic strategy would be to Dollar Cost Average (DCA) into crypto. The good news is that a lot of investors are doing…
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