Category: Cryptocurrency News

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Lamassu, creators of a line of Bitcoin ATM machines including open-source admin software, announced over the weekend its newest bitcoin/cryptomat ATM model, the Tejo. Designed with a compact form factor that will fit in almost any location. Moreover, the Tejo also has spacious internals and can accommodate extra cash boxes that can triple its bill…
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What is Evergrande? Evergrande is the second largest Chinese property developer. It is the world's 122nd largest company/group by revenue, and the world's most valuable real estate company. Context for the current situation? In recent years, China has experienced a massive housing bubble. Many Chinese people are buying second or even third homes, as a…
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Initially supporting BTC and ETH only, BTG Pactual’s new crypto trading platform plans to allow its users to trade a wide range of altcoins.

I have a little over 1.5 ETH , thanks for advice View Poll submitted by /u/SafeMoonJeff [link] [comments]

As a number of Federal Reserve presidents have been criticized for their 2020 stock moves, Fed chairman Jerome Powell has been cast into the limelight for owning $1.5 million municipal bonds like the ones the U.S. central bank purchased in 2020 during the pandemic. All Eyes Are On Jerome Powell’s Municipal Bond Portfolio Three days […]

Bitcoin miners appear reluctant to sell their BTC as hashrate increases despite the recent sell-off.

Ethereum started a major decline below the $3,200 support zone against the US Dollar. ETH price traded as low as $2,807 and it is now attempting a recovery wave. Ethereum started a fresh decline below the $3,300 and $3,200 support levels. The price is now trading below $3,200 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $3,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could a steady recovery wave if there is a close above $3,050 in the near term. Ethereum Price Corrects Losses Ethereum started a major decline from the $3,500 resistance zone. ETH traded below many important support zones near $3,300 and the 100 hourly simple moving average, similar to bitcoin. The bears gained strength below the $3,200 support zone. Finally, ether spiked below $3,000 and extended its decline. A low is formed near $2,807 and the price is now correcting losses. There was a break above the $2,920 and $2,950 resistance levels. The price recovered above the 23.6% Fib retracement level of the recent decline from the $3,455 swing high to $2,807 low. An immediate resistance on the upside is near the $3,020 level. There is also a key bearish trend line forming with resistance near $3,020 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com A close above the $3,020 and $3,050 levels could start a decent recovery. The next major resistance might be near the $3,130 level. It is near the 50% Fib retracement level of the recent decline from the $3,455 swing high to $2,807 low. A clear break and close above the $3,130 level could start a steady increase. The next major resistance sits near $3,300. More Losses in ETH? If ethereum fails to correct higher above the $3,020 and $3,050 resistance levels, it could start another decline. An initial support on the downside is near the $2,960 level. The next major support seems to be forming near the $2,900 level. A downside break below the $2,900 support zone could lead the price towards the $2,800 zone. The next major support is near the $2,750 level, below which ether price might decline towards the $2,640 support zone. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly losing pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is still well below the 50 level. Major Support Level – $2,960 Major Resistance Level – $3,050