Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Ethereum Merge to 'swamp' other coins with miners — Mining CEO

The Ethereum Merge could force many crypto miners to give up and abandon their expensive mining rigs amid a race to the bottom for profits.

I’m on ledger do I need anything for the merge

Do I need to do anything for the merger I have a hard wallet just want to make sure I’m ready!! submitted by /u/Jerzsey [link] [comments]

Understanding Uniswap’s Constant Product Market Maker Model

Uniswap uses x * y = k where x and y represents the quantity of each token. I can understand that when a trader is trading token A against token B, the formula determines the price (rate) as it ensures k value remains the same. But when a liquidity provider provies two tokens, doesn't that…
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IMF: Crypto Assets Become More Mainstream as Hedges Against Weak Currencies, Potential Payment Instruments

The International Monetary Fund (IMF) published a report stating that crypto assets have gained a “more mainstream presence as speculative investments, hedges against weak currencies, and potential payment instruments.” The IMF has called for a global response to crypto regulation that is coordinated, consistent, and comprehensive. IMF Officials on Crypto Regulation, Mainstream Adoption The International […]

TA: Bitcoin Price Holds Strong, Why ETH Could Push BTC Higher

Bitcoin is consolidating above the $19,500 support against the US Dollar. BTC could start a major increase considering the recent rise in ether. Bitcoin is still trading in range near the $20,000 zone and below the $20,500 resistance. The price is now trading below the $20,000 level and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $19,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a decent increase unless there is a clear move below the $19,600 and $19,500 levels. Bitcoin Price Eyes Fresh Increase Bitcoin price remained in a range below the $20,500 and $20,550 resistance levels. Recently, BTC formed a support base above the $19,600 level and started an upside correction. There was a move above the $19,800 resistance level and the 100 hourly simple moving average. The bulls were able to push the price above the 50% Fib retracement level of the downward move from the $20,398 swing high to $19,600 low. Finally, there was a spike above the $20,000 resistance. However, the bears were active near the $20,100 zone. Bitcoin price failed to clear the 61.8% Fib retracement level of the downward move from the $20,398 swing high to $19,600 low. It is now trading below the $20,000 level and the 100 hourly simple moving average. There is also a key bullish trend line forming with support near $19,700 on the hourly chart of the BTC/USD pair. Source: BTCUSD on TradingView.com On the upside, an immediate resistance is near the $19,900 level and the 100 hourly simple moving average. The next major resistance sits near the $20,100 level. The main resistance is still near the $20,400 and $20,500 levels. A clear move above the $20,500 resistance might send the price towards $21,200. Any more gains might start push the price towards the $22,000 resistance zone. Downside Break in BTC? If bitcoin fails to clear the $20,400 resistance zone, it could start another decline. An immediate support on the downside is near the $19,700 zone and the trend line. The next major support sits near the $19,600 level. The main support sits near the $19,500 level. A clear move below the $19,500 support might start a major decline. In the stated case, the price may perhaps test the $18,500 support. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 50 level. Major Support Levels – $19,700, followed by $19,500. Major Resistance Levels – $20,000, $20,400 and $20,500.

ENS should offer a holding cell for people to send things to unregistered ENS names.

The use case is when I want to send ETH to the owner of a website who has no Blockchain presence. I want to send it now and don't want to have to remind myself to do it later when the owner finally does get a wallet. I know ENS allows you to register using…
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‘Far too easy’ — Crypto researcher’s fake Ponzi raises $100K in hours

Crypto Twitter user FatManTerra explained the fake investment scheme was used to teach people a lesson about investing blindly in crypto schemes shilled by influencers.

Which rig found the block?

When you are solo mining and find a block, is there a way to tell which one of your rigs found it? submitted by /u/Beanfromband23 [link] [comments]

74% of Ethereum nodes ‘Merge ready’ ahead of Bellatrix upgrade

The need to update Ethereum clients comes as the Bellatrix upgrade is set to enable the Beacon Chain to execute transactions.