Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Ripple CEO tips when SEC case will end

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Anyone suffering financial hardship bc they YOLO’d into crypto at the height of the bull market in 2021?

I came close. I was incessantly checking prices and seeing repeated ATHs being reached. FOMO started kicking in and I invested more than I should have although I was already into crypto investing before the crazy run. Luckily I came to my senses before it got out of hand and I’m in a position still…
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Coinbase Receives In-Principle Approval to Provide Crypto Services in Singapore

Singapore’s central bank, the Monetary Authority of Singapore (MAS), has given Coinbase “in-principle approval” allowing the crypto exchange to “offer regulated digital payment token products and services in the island state.” Coinbase stressed: “Today’s announcement underlines our commitment to Singapore as a regional hub.” Coinbase Committed to Making Singapore Its Regional Hub The Nasdaq-listed crypto […]

Ripple boss tips when SEC case will end as Hoskinson hits back at XRP army

Optimistically speaking, Brad Garlinghouse thinks the case will be concluded in 3-4 months, though it could take longer.

Nifty News: OpenSea adds Avalanche, Meta has legs, DeGods takes 0%, and more…

Solana NFT project DeGods has removed royalty fees and Zuckerberg says Meta is looking at an open Metaverse as a new VR headset rolls out.

The potential of moons and avatars

Just recently, another avatar has sold for moons! This is the second ever transaction of a reddit avatar for moons ever. The first ever transaction was done 19 days ago, where $51 in moons (at the time) was used to buy an avatar. However, it would still be nicer for reddit to just implement a…
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There has been 4 hacks in one day, this is probably a new record. Over $115M exploited from Defi protocols in the past day.

Rabby Wallet Rabby wallet is a wallet for eth and evm compatible chains. Rabby Swap smart contract has suffered from a hack attack. We're still tracking the stolen funds and we will deliver a satisfying solution for users within 1 week. The attack impacted assets on multiple chains. The attacker tumbled 114 ETH (~$146,000) through…
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Decentralized ID the key to mainstream DeFi adoption—Quadrata co-founder

Decentralized identities would open Web3 to a range of services requiring personal information and allow platforms to offer tailored products, according to the CEO of Quadrata.

Bitcoin Price Recovery Won’t Be Easy, Why Bears Target Additional Weakness

Bitcoin price is struggling below the $19,200 support against the US Dollar. BTC remains at a risk of more losses below the $18,500 support in the near term. Bitcoin is showing bearish signs below the $19,200 and $19,500 levels. The price is trading below above $19,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $19,180 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move down if it stays below the $19,500 level for a long time. Bitcoin Price Slides Further Bitcoin price settled below the $20,000 support zone. BTC is following a slow and steady decline below the $19,500 pivot level and the 100 hourly simple moving average. The price even traded below yesterday’s low and tested the $18,850 zone. A low is formed near $18,860 and the price is now consolidating losses. There was a minor recovery wave above the $19,000 resistance level. The price climbed above the 23.6% Fib retracement level of the recent decline from the $19,560 swing high to $18,860 low. Bitcoin price is now trading below above $19,500 and the 100 hourly simple moving average. On the upside, an immediate resistance is near the $19,200 level. There is also a key bearish trend line forming with resistance near $19,180 on the hourly chart of the BTC/USD pair. The trend line is near the 50% Fib retracement level of the recent decline from the $19,560 swing high to $18,860 low. Source: BTCUSD on TradingView.com A clear move above the trend line might send the price towards the 100 hourly simple moving average or the $19,500 resistance. Any more gains might send the price towards the $20,000 resistance zone. More Losses in BTC? If bitcoin fails to recover above the $19,200 resistance zone, it could continue to move down. An immediate support on the downside is near the $18,850 zone. The next major support is near the $18,550 zone. A downside break below the $18,550 support zone might trigger another sharp decline. In the stated case, there is a risk of a move towards the $17,800 support zone. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 50 level. Major Support Levels – $18,850, followed by $18,550. Major Resistance Levels – $19,200, $19,500 and $20,000.

US Treasury Charges Bittrex With Sanctions Violations, Crypto Exchange Agrees to Settle With Regulator

On October 11, the U.S. Treasury department’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) announced that it has settled charges with the cryptocurrency exchange Bittrex. The crypto exchange was accused of sanctions violations and failure to “implement effective sanctions compliance controls” between March 2014 and December 2017. Crypto Exchange […]