Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Nifty News: Zilliqa teases Web3 gaming console, Funko teams up with Warner Bros. and more…

Specifications on Zilliqa’s “user-friendly” console are yet to be revealed, but a prototype design resembling an Xbox console has been released.

Hal Finney’s idea now sees $18 million Bitcoin price prediction

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

TA: Ethereum Avoids a Major Downtrend, Bulls Eye Crucial Breakout

Ethereum started an upside correction above $1,250 against the US Dollar, following XRP rally. ETH could gain bullish momentum if it clears the $1,400 resistance. Ethereum started a recovery wave above the $1,250 and $1,300 levels. The price is now trading above $1,300 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,385 on the hourly chart of ETH/USD (data feed via Kraken). The pair could recover further it clears the key $1,400 resistance zone. Ethereum Price Recovers Ethereum managed to stay above the $1,220 support zone. ETH started an upside correction above the $1,250 level after ripple’s xrp started a strong upward move. Ether price was able to clear the $1,260 and $1,280 resistance levels. There was a break above the 50% Fib retracement level of the downward move from the $1,420 swing high to $1,220 low. It is now trading above $1,300 and the 100 hourly simple moving average. It seems like the price is trading in a positive zone above the $1,320 level. On the upside, the price is facing resistance near the $1,380 level. There is also a major bearish trend line forming with resistance near $1,385 on the hourly chart of ETH/USD. The trend line is near the 76.4% Fib retracement level of the downward move from the $1,420 swing high to $1,220 low. Source: ETHUSD on TradingView.com The next major resistance is near $1,400 level. A clear break above $1,400 might start a decent increase towards the $1,450 level. Any more gains may perhaps open the doors for a move towards the $1,500 resistance. Fresh Decline in ETH? If ethereum fails to recover above the $1,400 resistance, it could start a fresh decline. An initial support on the downside is near the $1,330 zone and the 100 hourly simple moving average. The next major support is near the $1,288 level. A downside break below the $1,288 support might spark another sharp decline. In the stated case, ether price might drop towards the $1,220 level in the near term.  Any more losses could increase selling and the price might drop to $1,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $1,288 Major Resistance Level – $1,400

The r/cryptocurrency ocean is filled with 3 Leviathans, 7 Krakens, and over 60,000 Plankton.

Defined by https://ccmoons.com/, this massive subreddit has a bit of diversity of vault owners. If you have atleast 1000 moons, also known as being a Turtle or above, you are in the top 5000 accounts. Doesn’t take much to have more moons than the majority of this subreddit. You only really need to contribute to…
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BTC mining firm Compute North files for bankruptcy

Compute North’s hosting partners Compass Mining have stated that the firm will continue to operate business as usual at this stage.

Huobi Partners With Astropay to Facilitate Fiat Payments in Latam

Huobi Global, one of the biggest exchanges in volumes traded, has announced a partnership to make it easier for its Latam-based customers to acquire cryptocurrencies. The exchange has allied with Astropay, a payment services platform, to allow customers in Latam to purchase cryptocurrency with fiat currencies in several countries. Huobi to Make Crypto Easier to […]

Israeli crypto exchange receives capital markets license in country first

Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks.

At what point does an alt-coin become considered legitimate?

I see thousands of them pop up. Many rug. Many die. But some survive. Some even grow big. At what point is an alt considered legitimate? I’m still rather new. I know at one point, Bitcoin was the only one and the coins that came after were considered alts. But now, ETH, BNB, MATIC, etc…
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US cryptocurrency exchange Coinbase registers with Dutch Central Bank

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

Not sure if I’m being scammed. Exequus.com?

I was recently referred to exequus.com for yield farming but I know very little about the space. Never heard of this website before. Does anyone have experience with this site? Edit: Person X is telling me they pledge a certain amount of USDT to the liquidity mining pool and receive 2.5% daily return. Something seems…
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