Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Quant Wallet Holders Reach More Than 90,000 – Time To Buy QNT?

Quant (QNT) may not be like the Bitcoin and some of its fellow altcoins like Ethereum, Dogecoin and even Shiba Inu in terms of social dominance but it is silently making its move to be included among the list of must-have crypto assets right now. The cryptocurrency, ranking 32nd in terms of market capitalization, seems to have recovered a bit after the broader market experienced a severe slump triggered by the collapse of FTX which used to be the third largest exchange platform in the world. According to tracking from Coingecko, over the last seven days, Quant managed to jump by 7.7% and has so far trimmed its 30-day losses to just 44%. At the time of this writing, the digital asset is changing hands at $115.85. The steady performance of the altcoin despite the multiple occurrence of bearish cycles in the market over the last few months seem to have sparked greater interest for it as evidenced by the sudden but impressive increase in addresses that hold the crypto asset. Related Reading: Why Ethereum Top Whales Are Accumulating ETH In ‘Abnormal’ Way Image: Invezz A Decent Growth For Quant Some experts believe that one of the best ways to measure the growth of a crypto network is the number of addresses that hold a particular cryptocurrency. Quant notched an important milestone in that department as it successfully added 13,000 wallets in just a span of seven days. This is the biggest number that was tallied by QNT on a weekly basis. It is also important to note that over the last 236 weeks, the crypto’s network recorded 77,000 addresses that were holding the digital currency. QNT wallets surpassed 90,000 in number last week, following the largest weekly increase in address count. ⚡️ 90K❗️⚡️ $QNT 𝐅𝐢𝐫𝐬𝐭 𝟐𝟑𝟔 𝐰𝐞𝐞𝐤𝐬: 77,000 wallets 𝐋𝐚𝐬𝐭 𝟏 𝐰𝐞𝐞𝐤: 13,000 wallets Something is happening. 🔥 pic.twitter.com/tlpxTbHMOP — Greg Lunt 🌐 (@GregLunt27) November 14, 2022 Because this sudden spike happened during the same time when the crypto market crashed because of the unfortunate series of events that led to the implosion of the FTX platform, some experts believe there was significant influx of Quant tokens from various exchanges. QNT Flexes Its Long-Term Muscle Even with the positive development, it can’t be denied that QNT also took a hit when the entire market collectively declined and all crypto assets experienced severe price dump. In fact, Quant nosedived all the way down to $94. However, the altcoin showcased a different level of resiliency as it held its support range steadily despite strong selling pressure. In doing so, it prevented itself from revisiting the $40 marker which is considered to be its year-to-date (YTD) low. Moreover, for the past two days, the cryptocurrency was able to increase its value by more than 30%, confirming the narrative of a strong accumulation phase that led to the sudden uptick in number of addresses holding it. Additionally, the Quant network has tallied its highest growth rate this month, indicating a robust utility and organic performance that bodes well for the asset and are inviting signs for investors that are considering buying the token. Related Reading: Shiba Inu (SHIB) Ranks No. 1 In Top 5,000 ETH Whales’ Crypto Holdings QNT total market cap at $1.45 billion on the daily chart | Featured image from SheKnows, Chart: TradingView.com

Crypto scammers are using black market identities to avoid detection: CertiK

The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.

Binance reserves raise more questions than they answer – is it just a glorified casino?

submitted by /u/mikaelus [link] [comments]

Bahamian securities regulator ordered the transfer of FTX’s digital assets

The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12.

My thoughts on today’s binance/Cristiano Ronaldo cr7 collection partnership ..well, its more interesting than I expected. Feeling bad about the rough reception its received

so yeah, the binance cr7 ntf. it initally seemed like a gimmick but since its real cheap to mint, I figured why not.. and hey actually its pretty cool. Mitnting is on ethereum, and public as a few hours ago @ https://cr7thenft.com heres the rundown : – The collection features seven animated statues with four…
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FTX names Kroll as claims agent, to update users on bankruptcy developments

Claims and noticing agents such as Kroll are often assigned to bankruptcy cases where the number of creditors exceeds a thousand.

Bitcoin Price Prediction: Is the Recovery Just Getting Started?

Bitcoin price is slowly moving higher above the $16,750 resistance zone. BTC could gain bullish momentum if it settles above the $17,000 resistance zone. Bitcoin is slowly gaining pace from the $16,350 and $16,000 support levels. The price is trading above $16,500 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $16,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a steady increase if there is a close above the $17,000 resistance zone. Bitcoin Price Starts Recovery Bitcoin price corrected lower below the $16,600 and $16,500 levels. However, BTC remained well bid above the $16,350 support zone. A low was formed near $16,370 and the price started a slow recovery wave. There was a move above the $16,500 and $16,600 resistance levels. The price cleared the 50% Fib retracement level of the recent decline from the $17,098 swing high to $16,370 low. Besides, there was a break above a key bearish trend line with resistance near $16,600 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading above $16,500 and the 100 hourly simple moving average. On the upside, an immediate resistance is near the $16,950 level. It is near the 76.4% Fib retracement level of the recent decline from the $17,098 swing high to $16,370 low. Source: BTCUSD on TradingView.com The first major resistance is near the $17,000 zone. A close above the $17,000 resistance could set the pace for a steady recovery wave. The next major resistance is near $17,500, above which the price could gain pace for a move towards the $18,000 zone. Fresh Decline in BTC? If bitcoin fails to gain pace above the $17,000 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $16,700 level and the 100 hourly SMA. The next major support is near the $16,350 zone, below which the price might test the main support at $16,000. A clear move below the $16,000 support might send the price further lower. 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 – $16,350, followed by $16,000. Major Resistance Levels – $17,000, $17,500 and $18,000.

US Senator Urges Congress to Pass Her Crypto Bill — Claims It Would’ve Prevented FTX Bankruptcy

U.S. Senator Cynthia Lummis believes that the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand crypto bill. She stressed: “It’s clearer now than ever before that we need comprehensive regulation in the digital asset space.” Senator Lummis Explains How Her Crypto Bill Would Prevent the FTX Catastrophe U.S. Senator Cynthia Lummis (R-WY) explained in a […]

Can someone please help me? I think I’m the victim of a dust attack

I noticed that I had some token called unifork in my wallet and I knew that if I didn't do anything with that coin then I'd be fine. I went to swap some uni for eth and my transaction came up as pending then it was all gone, it was somehow sent to binance when…
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Coinbase sh*ting themselves, keep requiring KYC ID for multiple withdrawals

Trying to withdraw my crypto tonight into hardware wallets. This is the 2nd BTC transaction where Coinbase is requiring me to upload ID and take selfie to complete the transaction RIGHT after I just did it already once and got withdrawal approved. They must be crapping their pants on everyone's withdrawals. Get your crypto off…
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