Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Questions About Ethereum’s Fees and Staking Rewards

Hi, I'm a beginner who started studying Ethereum. The part I'm curious about is as follows. As EIP-1559, Base fee is incinerated, and only tip is compensated to the verifier. By the way, if you look at Ethereum's roadmap, it seems to be lowering fees very much, making it easy for many people to use.…
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Bitcoin Price At Key Juncture, What Could Trigger Strong Increase

Bitcoin price is slowly moving higher above $27,000. BTC could start a strong increase if it clears the $27,200 resistance zone. Bitcoin is attempting a fresh increase above the $27,000 level. The price is trading above $27,000 and the 100 hourly Simple moving average. There is a crucial bearish trend line forming with resistance near $27,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a major increase if it clears the $27,200 and $27,400 resistance levels. Bitcoin Price Eyes Upside Break Bitcoin price remained well-bid above the $26,500 level. BTC formed a base and started a recovery wave above the $26,850 resistance zone. There was a move above the 50% Fib retracement level of the downward move from the $27,269 swing high to the $26,536 low. Bitcoin price is now trading above $27,000 and the 100 hourly Simple moving average. It is also showing a few positive signs above the $27,000 level. Immediate resistance on the upside is near the $27,100 level. It is close to the 76.4% Fib retracement level of the downward move from the $27,269 swing high to the $26,536 low. The next major resistance is near the $27,150 level. There is also a crucial bearish trend line forming with resistance near $27,150 on the hourly chart of the BTC/USD pair. A close above the trend line might send the price toward the $27,400 resistance zone. Source: BTCUSD on TradingView.com The next key resistance is near $27,550, above which the price might start a strong increase toward the $28,000 resistance. Any more gains might send the price toward the $28,500 level. Fresh Decline in BTC? If Bitcoin’s price fails to clear the $27,150 resistance, it could start another decline. Immediate support on the downside is near the $26,900 level and the 100 hourly Simple moving average. The next major support is near the $26,550 zone, below which the price might revisit the $26,350 support. In the stated case, there is a risk of a move toward the $25,800 level. Any more losses might take Bitcoin toward the $25,500 level in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $26,900, followed by $26,550. Major Resistance Levels – $27,150, $27,400, and $27,550.

Crypto sees 5th week of outflows on 'poor' BTC sentiment: Coinshares

Outflows across all digital asset investment products hit $232 million over the past five weeks, with BTC-related funds leading the carnage, per Coinshares.

The new FTX CEO confirmed FTX 2.0 on court documents

There were rumours that FTX could undergo a relaunch somewhere down the line after the initial smoke had cleared, there were alot of assets and proprietary infra that could make the business viable (of course would likely need a rebrand) and that seems to be the long term vision. Some recently published court documents on…
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[Serious] What is your plan to pass on your crypto in case of death?

As my crypto holdings get more and more significant per day, I worry about what will happen in case of an accident, or death. What steps have you guys taken in order to secure the money for your family in case of death? Is it possible to setup such a system without trusting a third…
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The SushiSwap Exit Scam of $13 million in 2020

SushiSwap was the created by pseudonymous founder, Chef Nomi, who took the Uniswap an extra mile by adding rewards for providing liquidity to the exchange through a liquidity provider token (LP), called sushi (SUSHI). As sushi investors later discovered, putting money into an unaudited contract controlled by an unknown founder was not a great idea…
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US risks losing the crypto race to UAE, Korea, Aus and Switzerland: Ark

The U.S. crypto ecosystem is facing a “void” of well-established and credible institutions, according to an analyst from Ark Invest.

AI-generated image of Pentagon explosion causes stock market stutter

The fake image was shared by a verified Twitter account masquerading as Bloomberg and went viral after being amplified by real media outlets.

Daily General Discussion – May 23, 2023 (GMT+0)

Welcome to the Daily General Discussion thread. Please read the disclaimer and rules before participating.   Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading,…
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