Dogecoin becomes second largest PoW cryptocurrency
Following the Ethereum Merge, Dogecoin now only trails Bitcoin as the biggest proof-of-work cryptocurrency.
Following the Ethereum Merge, Dogecoin now only trails Bitcoin as the biggest proof-of-work cryptocurrency.
submitted by /u/Slow-Plate-7514 [link] [comments]
submitted by /u/FrozenFury12 [link] [comments]
Though he did not specify any particular crypto, SEC chair Gary Gensler said proof-of-stake cryptocurrencies could be subject to securities laws.
submitted by /u/dhanushlnaik [link] [comments]
Bitcoin is showing bearish signs below the $20,000 support zone against the US Dollar. BTC could accelerate further lower below the $19,500 support zone. Bitcoin started a fresh decline and traded below the $20,000 support. The price is now trading below $20,200 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $20,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a substantial decline if it breaks the $19,500 support zone. Bitcoin Price Remains At Risk Bitcoin price attempted a recovery wave above the $20,300 resistance level. However, there was no upside break and the price remained in a bearish zone below $20,500. Recently, Ethereum saw a major bearish reaction below the $1,500 support. As a result, BTC also moved a few points lower and declined below the $20,000 support. It even traded below the $19,600 and tested the $19,500 support zone. A low is formed near $19,509 and the price is now consolidating losses. Bitcoin price is now trading below $20,200 and the 100 hourly simple moving average. On the upside, an immediate resistance is near the $20,000 level. There is also a major bearish trend line forming with resistance near $20,050 on the hourly chart of the BTC/USD pair. Besides, the 23.6% Fib retracement level of the main decline from the $22,790 swing high to $19,509 low is just above the trend line. The next major resistance sits near the $21,000 level and the 100 hourly simple moving average. It coincides with the 50% Fib retracement level of the main decline from the $22,790 swing high to $19,509 low. Source: BTCUSD on TradingView.com A close above the $21,000 resistance might start a fresh increase. In the stated case, the price may perhaps rise towards $21,400. Any more gains might send the price towards the $22,000 resistance zone. More Losses in BTC? If bitcoin fails to start a recovery wave above the $20,000 resistance zone, it could continue to move down. An immediate support on the downside is near the $19,500 zone. The next major support is near the $19,200 levels. A clear move below the $19,500 and $19,200 levels might open the doors for a move towards the $18,500 level. 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 below the 50 level. Major Support Levels – $19,500, followed by $19,200. Major Resistance Levels – $20,000, $20,050 and $20,300.
submitted by /u/BaitForWenches [link] [comments]
Right now, I can stake 1 ETH on Coinbase, convert it to ETH2 and receive about .99 cbETH back. Or, I could directly swap 1 ETH on CB or Defi and get about 1.05 cbETH back. Similar discrepancies are there for other liquid staking tokens, too. Which begs the question: If I have unstaked ETH…
Read more
I know to never give the phrase to anyone ever, the warnings are everywhere. to the point that I'm having a hard time finding information on the proper use of the phrase, like, the one time that I'm allowed to use it, as it's meant to be. maybe it's a dumb question but if I…
Read more
submitted by /u/KryosX [link] [comments]