Category: Cryptocurrency News

As to Trezor,is that our biggest risk is the Trezor company who has the ability to modify code to extract seed?(although it is open source) Why people tend not choose air gapped wallet to prevent all internet connection? Pls comment Thanks submitted by /u/No-Head9425 [link] [comments]

Over $45 million was lost to exit scams in May while exploits on DeFi protocols racked up less than half that amount over the same period.

The Galaxy Digital CEO said there has been a recent lack of institutional interest in cryptocurrency buying, which has led to deflated enthusiasm in the markets.

Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs.

Google Trends data reveals that even though AI is the talk of the town, it still pales in comparison to Bitcoin in 2017. In China, it’s a completely different story.

Ripple’s token price is climbing above the $0.50 resistance against the US Dollar. XRP price is signaling more upsides toward $0.55 or $0.565. Ripple’s token price started a decent increase above the $0.500 resistance against the US dollar. The price is now trading above $0.505 and the 100 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.5050 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair might continue to rise toward the $0.545 and $0.550 resistance levels. Ripple Price Forms Bullish Trend In the past few days, Ripple’s XRP gained bullish momentum above the $0.45 resistance against the US Dollar. It outperformed Bitcoin and Ethereum to start a steady bullish trend above $0.465. There was a clear move above the $0.480 and $0.488 resistance levels. Finally, the bulls were able to push the price above $0.500. A high is formed near $0.5286 and the price recently saw a minor downside correction. There was a move below the 23.6% Fib retracement level of the upward wave from the $0.4432 swing low to the $0.5286 high. XRP price is still trading above $0.505 and the 100 simple moving average (4 hours). Besides, there is a major bullish trend line forming with support near $0.5050 on the 4-hour chart of the XRP/USD pair. Source: XRPUSD on TradingView.com Initial resistance on the upside is near the $0.5250 zone. The first major resistance is near the $0.532 level. A successful break above the $0.532 resistance level might send the price toward the $0.550 resistance. Any more gains might call for a test of the $0.565 resistance. Are Dips Supported in XRP? If ripple fails to clear the $0.525 resistance zone, it could start a downside correction. Initial support on the downside is near the $0.505 zone and the trend line. The next major support is near $0.500. If there is a downside break and a close below the $0.50 level, XRP’s price could extend losses. In the stated case, the price could test the $0.486 support zone or the 50% Fib retracement level of the upward wave from the $0.4432 swing low to the $0.5286 high. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now in the overbought zone. Major Support Levels – $0.505, $0.500, and $0.486. Major Resistance Levels – $0.525, $0.532, and $0.550.

Ethereum price started a decent increase above the $1,870 resistance against the US Dollar. ETH could attempt an upside break above the key $1,920 resistance. Ethereum is slowly attempting a recovery wave from the $1,840 support zone. The price is trading above $1,870 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $1,870 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a strong increase if it clears the $1,880 and $1,900 resistance levels. Ethereum Price Holds Support Ethereum’s price managed to stay above the $1,840 support. ETH formed a base and recently started a recovery wave from the $1,838 low, similar to Bitcoin. There was a break above the $1,870 resistance level. The price climbed above the 23.6% Fib retracement level of the downward move from the $1,916 swing high to the $1,838 low. Besides, there was a break above a key bearish trend line with resistance near $1,870 on the hourly chart of ETH/USD. Ether is now trading above $1,870 and the 100-hourly Simple Moving Average. There are also chances of a short-term inverse head and shoulders pattern on the same chart. Immediate resistance is near the $1,880 zone. The next major resistance is near the $1,885 level or the 61.8% Fib retracement level of the downward move from the $1,916 swing high to the $1,838 low. Source: ETHUSD on TradingView.com A proper move above the $1,880 and $1,885 resistance levels might send Ether toward $1,920. The next resistance sits near $1,940, above which Ethereum could rise toward $2,000. Any more gains above the $2,000 resistance zone might send the price toward the $2,120 resistance. Fresh Decline in ETH? If Ethereum fails to clear the $1,880 resistance, it could start another decline. Initial support on the downside is near the $1,870 level and the 100-hourly Simple Moving Average. The next major support is near the $1,855 zone. If there is a break below the $1,855 support, the price could decline toward the $1,840 support. Any more losses may perhaps send the price toward the $1,800 level or even $1,740 in the coming sessions. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is above the 50 level. Major Support Level – $1,840 Major Resistance Level – $1,880

Bitcoin price is consolidating above the $26,500 support. BTC could decline heavily if there is a clear move below the $26,500 support. Bitcoin is still struggling to stay above the $26,500 support zone. The price is trading below $27,250 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $27,220 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher, but upsides might be contained above the $27,500 resistance. Bitcoin Price Holds Support Bitcoin price remained in a bearish zone below the $27,500 resistance zone. BTC failed to recover and started another decline below $27,000. There was a spike below the $26,550 support zone but the bulls were active near $26,500. A low is formed near $26,500 and the price is now consolidating losses. It is testing the 23.6% Fib retracement level of the main drop from the $28,450 swing high to the $26,500 low. Bitcoin price is now trading below $27,250 and the 100 hourly Simple moving average. There is also a key bearish trend line forming with resistance near $27,220 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $27,000 level and the trend line. The next major resistance is near the $27,500 level and the 100 hourly Simple moving average. It is close to the 50% Fib retracement level of the main drop from the $28,450 swing high to the $26,500 low. Source: BTCUSD on TradingView.com An upside break and close above $27,500 could start a decent increase toward $28,000. Any more gains above the $28,000 resistance zone might send the price toward the $28,500 resistance zone or even $29,200. More Losses in BTC? If Bitcoin’s price fails to clear the $27,200 resistance, it could continue to move down. Immediate support on the downside is near the $26,560 level. The next major support is near the $26,500 zone, below which the price might start a strong decline. In the stated case, the price could drop toward the $25,500 support in the coming sessions. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is below the 50 level. Major Support Levels – $26,550, followed by $26,500. Major Resistance Levels – $27,200, $27,400, and $27,500.

Nike’s “virtual creations” will be integrated into EA Sports games in the coming months.