Category: Cryptocurrency News

Users of the Mt. Gox exchange may be one step closer to getting their funds back after trustee Nobuaki Kobayashi announced options for repayment.

There are obvious examples like the genesis block and the news paper headline embedded inside, the 2 pizzas for 10,000 bitcoins, the Ethereum DAO hack and subsequent fork. Bitconnect… MtGOX… What other events rise to this scale of historical memory? There are many small hacks and controversies that happen all the time but what are…
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So for those unaware, the paid Reddit Avatars are selling for some huge bucks on the secondary market on Opensea. The highest grossing collection and largest sale are is the Foustling Collection and the Fishy Foustling #1 that sold for 15.25 ETH (over $20k at sale time- https://polygonscan.com/tx/0x4d5ddf432502a0969a41938247cd6772d9836e8f2f70178d5c5575d78e79ff90) I am an NFT Parody/comedy artist who…
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I have roughly half my eth staked on CB. I do not have >32 to stake on my own. Only reason keeping me from staking the rest is fears of potentially losing all of it if CB ever went down, but wouldn’t that be the end of crypto anyway? submitted by /u/Dazzling-Pay69 [link]…
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​ The Chainlink Network ​ Chainlink is a service provider to blockchains and the dApps that run on those blockchains. Primarily used by developers for all the compute functions of their smart contract products. ​ You can access the Chainlink network on the following blockchains, L2’s and side chains; ​ Ethereum Polygon BNB Chain Avalanche…
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Bitcoin is retracing after a rejection north of critical resistance at around $20,000 and might be gearing up for a fresh leg down into its final support level. The crypto was seeing some profits earlier this week, but any bullish momentum has been wiped out by macroeconomic forces. Related Reading: Shiba Predator Cracks Double-digit Gains, How Far Can Price Go? At the time of writing, Bitcoin (BTC) trades at $19,600 with a 2% loss in the last 24 hours and sideways movement across the week. The rest of the crypto market is following the sentiment in the crypto market proving that, once again, any potential rally is capped by the bigger picture. Bitcoin Takes Out Leverage Longs, Time For A Squeeze? According to analyst Justin Bennett, Bitcoin made a downside run towards $19,600 and a bit lower to remove leverage players from their positions. The cryptocurrency often moves in the opposite direction of the majority of traders and makes a run for the liquidity pools created by over-leverage positions. In this case, retail traders might have jumped into the bullish price action experienced this week by taking longs in hopes of further appreciation. Bennett believes that with these players out of the way, the market might be readying for a bounce: BTC long liquidations run at $19,600, as mentioned yesterday in Discord. Now probably time for a bounce back to $20,500. Just trading both sides of the range for now. In general, Bennett has been bullish on Bitcoin and will maintain this biased as long as BTC’s price stays above $18,700. This price is the bottom of a potential channel created by the cryptocurrency over the past months. The recent price action has been hinting at a longer relief rally into the $26,000 area. In the short term, with leverage longs out of the game, it might be time to squeeze out the shorts. The analyst added: I still think it’s only a matter of time before we see short liquidations run between $20,450 and $20,800. Just playing the range for now. Macro Forces Push Down Crypto Market What prompted Bitcoin to crash from its weekly high? A pseudonym trader believes it was the recent data on Job numbers in the U.S. economy. This report might provide the U.S. Federal Reserve with support to continue hiking interest rates to take down inflation, and risk-on assets with it as a consequence. As reported by NewsBTC, the Fed’s monetary policy has been costly for equities and the crypto market moving in tandem with these assets Now, the Job numbers are telling the financial institution that it can keep on applying pressure to the markets. Related Reading: This Little-Known DeFi Token Is Attracting Investors – Find Out Here However, this trader believes the recent price action has switched back to sideways mode, and that Bitcoin might avoid any catastrophic downside price action, for the time being. Via Twitter, this trader said: This puts us back in the middle of the eternal 18.5-20.5K area and because of this we’re quite a way out from any break out, be it up or down. Unless something special happens I’d say it’s likely we stay within this area roughly until at least the CPI number next Wednesday.

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

QOM price continues with strong momentum after a breakout with double-digit gains for holders.  QOM trades just above key resistance as price ranges above 8 and 20-day EMA. The price of QOM struggles to flip key resistance into support.  Shiba Predator (QOM), a recently loved memecoin on the Ethereum (ETH) network, is tipped to outperform Shiba Inu and other memecoin after showing great rallying to a high of $0.0000004, winning the heart of many after a few months’ surge but could be set to replicate this move. All indicators and patterns are showing the price of Shiba Predator (QOM) could be ready for a rally. Related Reading: Bitcoin Struggles To Retain The $20,000 Mark While ENS Protocol Gains Shiba Predator (QOM) Price Analysis On The Weekly Chart. Despite struggling to break above $0.0000000445 in recent weeks, the price was rejected and has continued in a range-bound movement as the price prepare to trend higher to a region of $0.00000007. QOM’s price found its weekly support at $0.0000000440 after the price dropped by over 70% in the past few weeks, as the current market has not given QOM the space to trend.  There is no doubt that the price of QOM will show great strength when the current state of the market recovers from its bearish mode. QOM continues to range with little volume to break out of this structure as the price rallied with a gain of 17%. After seeing its price retesting a weekly low of $0.0000000440, the price of QOM rallied recently to a region of $0.0000000750 but was rejected in an attempt to break higher for the price to trend. The price of QOM has maintained a range-bound movement for some time now and could be set for a major rally.  Weekly resistance for the price of QOM – $0.0000000750. Weekly support for the price of QOM – $0.0000000440. Price Analysis Of QOM On The Daily (1D) Chart On the daily timeframe, the price of QOM continues to show strength as the price pulled a 17% gain despite the market looking to have stalled in price movement. QOM aims to rally to a high of $0.0000000750 after a successful breakout from a range channel that its price formed.  The price of QOM currently trades at $0.0000000400, just above the 8 and 20-day Exponential Moving Average (EMA). The price at $0.0000000390 corresponds to the price at 8 and 20-day EMA for QOM on the daily timeframe. QOM’s price needs to hold this region of $0.000000045 with good volume for the price of QOM to push the price higher to a region of $0.0000000770.  Daily resistance for the FLOKI price – $0.0000000770. Daily support for the FLOKI price – $0.0000000400. Related Reading: This Little Known DeFi Token Is Attracting Investors – Find Out Here Featured Image From Zipmex, Charts From Tradingview 

I can see it on POAP-Scan — it says its already minted, but it doesnt show up on Etherescan or OpenSea, what else do I have to do? There is a "migrate poap from xdai" button, but it costs over $100 fees submitted by /u/Feralz2 [link] [comments]

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