Author: dfmines

Cryptocurrency News and Public Mining Pools

Ethereum set for rally as it holds above crucial $2.4K price: Analyst

Crypto analyst Michaël van de Poppe says Ether could be “testing the other side of the range” in the coming weeks as it trades above $2,400.

$100M Power Play: UAE’s Aqua 1 Dives Into Trump-Linked WLFI

A Web3 fund based in the United Arab Emirates has made a strategic $100 million investment in World Liberty Financial governance tokens. Creation of Institutional-Grade Marketplace The United Arab Emirates-based Web3 fund, Aqua 1, has announced a significant $100 million strategic purchase of World Liberty Financial (WLFI) governance tokens. The investment is intended to secure […]

Crypto seed phrase, front-end hacks drive record losses in 2025: TRM Labs

Crypto private key exploits and front-end protocol attacks account for 80% of the $2.1 billion worth of crypto that has been stolen so far this year, TRM Labs reports.

I absolutely know its a scam but, how does this work?

Opened my Coinbase Wallet to check something and found out I have half a BiLlIOn dollars. Some old shitcoin suddenly came back to life… Am I understanding that if I did try and swap/trade this, if be paying someone some fees? Or, if I read this correctly, I'd be trying to pay half a billion…
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Cardano (ADA) Bears Active — Token at Risk of Another Leg Down

Cardano price started a fresh decline below the $0.5750 zone. ADA is now consolidating and might struggle to stay above the $0.550 support. ADA price started a fresh decline below $0.580 and $0.5750. The price is trading below $0.570 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.570 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start a fresh decline if it dips below the $0.550 support zone. Cardano Price Dips Again In the past few sessions, Cardano saw a fresh decline below the $0.580, unlike Bitcoin and Ethereum. ADA even declined below the $0.5750 level to enter a bearish zone. The bears even pushed the price below the 23.6% Fib retracement level of the upward move from the $0.5102 swing low to the $0.5938 high. The price even spiked below the $0.5520 support. There is also a key bearish trend line forming with resistance at $0.570 on the hourly chart of the ADA/USD pair. Cardano price is now trading below $0.570 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $0.570 zone. The first resistance is near $0.5850. The next key resistance might be $0.5920. If there is a close above the $0.5920 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.620 region. Any more gains might call for a move toward $0.6350 in the near term. Another Drop In ADA? If Cardano’s price fails to climb above the $0.5850 resistance level, it could start another decline. Immediate support on the downside is near the $0.5520 level and the 50% Fib retracement level of the upward move from the $0.5102 swing low to the $0.5938 high. The next major support is near the $0.530 level. A downside break below the $0.530 level could open the doors for a test of $0.5120. The next major support is near the $0.50 level where the bulls might emerge. Technical Indicators Hourly MACD – The MACD for ADA/USD is gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level. Major Support Levels – $0.5520 and $0.5300. Major Resistance Levels – $0.5850 and $0.6000.

Daily General Discussion June 27, 2025

Welcome to the Daily General Discussion on r/ethereum https://imgur.com/3y7vezP Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2 Please use this thread to discuss Ethereum topics, news, events, and even price! Price discussion posted elsewhere in the subreddit will continue to be removed. As always, be constructive. – Subreddit Rules Want to…
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Bitcoin Net Taker Volume Spikes as Billions Exit Derivatives, What Going On?

Bitcoin has regained some upward momentum, with its market price currently hovering around $107,155 at the time of writing. This marks a 0.4% decrease in the past 24 hours, and a 4.3% drop below its all-time high of $111,000, set in May. Despite the rebound, analysts are closely watching for potential shifts in momentum as a number of market indicators and macroeconomic signals suggest a more cautious short-term outlook. Among the recent developments drawing attention is a sharp rise in Net Taker Volume on Binance, along with significant stablecoin outflows from derivative platforms. CryptoQuant analyst Amr Taha noted in a recent market commentary that these changes could indicate increased speculative activity. While some traders interpret such surges as bullish signals, they often occur due to short liquidations or sudden retail buying rather than consistent organic demand. Related Reading: Bitcoin Short-Term Holder Floor Rises Toward $100,000, Reinforcing Bullish Sentiment Derivatives Activity and Fed Commentary Fuel Market Caution On June 24, Binance’s Net Taker Volume crossed $100 million for the first time since early June. This level of activity, according to Taha, can sometimes signal buying momentum but may also point to forced closures of short positions, especially in high-leverage environments. Taha emphasized that without strong capital inflows to back the movement, these bursts tend to be short-lived. Simultaneously, more than $1.25 billion in stablecoin liquidity has exited derivative exchanges, marking the largest capital outflow from these platforms since May. These outflows reduce the base for opening new leveraged positions, potentially dampening future market momentum. Taha also pointed to external economic cues, particularly a recent statement by US Federal Reserve Chair Jerome Powell. During his testimony before Congress, Powell signaled that rate cuts may be on the table depending on upcoming economic conditions. While looser monetary policy is often viewed as favorable for risk assets like Bitcoin, the shift also reflects underlying uncertainty. The analyst also mentioned that the Swiss Franc, traditionally seen as a safe-haven currency, has also surged against the US dollar, suggesting that some investors are leaning risk-off amid broader macroeconomic developments. Market Structure Remains Firm, But Momentum Is Slowing Separately, another CryptoQuant analyst known as Crypto Dan offered a different perspective using a bubble chart model that visualizes trading volume trends across exchanges. According to Dan, Bitcoin is currently experiencing a “cooling” phase. This implies reduced trading activity without dramatic spikes in volume, often seen as a sign that the market is consolidating rather than overheating. Related Reading: CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin? He noted that while BTC remains close to its all-time high, the path forward may depend on macroeconomic catalysts such as confirmed interest rate cuts or regulatory clarity. Featured image created with DALL-E, Chart from TradingView

US futures hit record high, setting Bitcoin up for new peak: Analysts

US stock futures have hit record highs, fueling analyst predictions that Bitcoin could soon break past resistance to hit a new price peak.

Nano Labs Sets Sights on BNB Treasury With $500 Million Convertible Notes Deal

Nano Labs Ltd has launched a $500 million convertible notes offering to fuel its strategic acquisition of Binance Coin ( BNB), aiming to accumulate up to 10% of its circulating supply over time. China’s Nano Labs Targets BNB Dominance With $500 Million Convertible Notes Strategy Nano Labs Ltd (Nasdaq: NA), a Chinese web3 infrastructure and […]

Are smart contract wallets like Zengo really that better than hardware wallets? Is it really as safe as they claim?

I switched to theCrypto.com DeFi Wallet hoping for real decentralization over 6 months ago, but it felt too tied to their ecosystem. It implied “non-custodial,” but every interaction still felt corporate (IMHO). That then led me to my crypto colleague recommending me to give smart contract wallets a shot and to try Zengo. Everything felt…
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