Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Hyosung America makes Bitcoin purchasing app available to 175,000 ATMs

It will be up to the specific ATM operator to decide whether they want to incorporate the service making it unlikely all 175,000 of Hyosung’s ATMs will actually support BTC buying.

Is Ethereum a security?

View Poll submitted by /u/ShowerWide7800 [link] [comments]

Reverse Rug Pull- Higher than Expected Inflation Leads to Market Rally

I'm sure many of you were checking the charts this morning and saw markets dump after the CPI report came in at 9.1% (vs the 8.8% consensus). The narrative was that higher inflation would mean quicker rate hikes by the US Fed. That was supposed to Bearish, right? Below is my take based on analyzing…
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JPMorgan Says Bitcoin Cost of Production May Be Down to $13,000

submitted by /u/Shiratori-3 [link] [comments]

TA: Ethereum Could Rally If It Clears This Key Breakout Zone

Ethereum dived towards $1,000 before it found support against the US Dollar. ETH is now correcting higher and facing a key hurdle near USD 1,125. Ethereum extended decline towards $1,000 before it found support. The price is now trading above $1,080 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $1,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $1,125 resistance zone. Ethereum Price Finds Support Ethereum remained in a bearish zone below the $1,100 support zone. ETH extended decline below the $1,050 and $1,040 levels. However, the bulls appeared above the $1,000 support zone. A low was formed near $1,014 and the price started a fresh increase. The bulls gained strength for a move above the $1,050 and $1,060 resistance levels. Ether price climbed above the 23.6% Fib retracement level of the downward move from the $1,275 swing high to $1,014 low. Besides, there was a break above a key bearish trend line with resistance near $1,100 on the hourly chart of ETH/USD. Ether price is now trading above $1,080 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $1,125 level. The first major resistance is near the $1,145 zone. It is near the 50% Fib retracement level of the downward move from the $1,275 swing high to $1,014 low. A clear move above the $1,145 level could send the price higher. Source: ETHUSD on TradingView.com The next key barrier is near the $1,195 level, above which the price start a decent increase. In the stated case, the price could rise towards the $1,280 resistance zone. Fresh Decline in ETH? If ethereum fails to rise above the $1,145 resistance, it could start a fresh decline. An initial support on the downside is near the $1,090 zone. The next major support is near the $1,080 zone. A downside break below the $1,080 support may perhaps spark another decline. In the stated case, the price could drop toward the $1,030 level, below which the bears might gain strength. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $1,080 Major Resistance Level – $1,145

Polygon selected to participate in Disney’s 2022 Accelerator Program

Ethereum scaling solution Polygon has been selected to participate in Disney’s Accelerator Program to further Polygon’s development of Web3 experiences.

CryptoPunk sells for $2.6M as big NFT brand floor prices increase

Despite the massive downturn in the NFT market, CryptoPunk 4464’s $2.6 million price tag signals that top NFT projects are still managing to attract some serious attention.

What crypto app wallet should I use?

I’ve got 2 choices Coinbase and Binance but if you guys suggest anymore plz let me know I would also like to know the advantages and disadvantages of each app. submitted by /u/Rebeliaz8 [link] [comments]

The current highest yield for stable coin staking at 9.62% APY

So I've been comparing stable coin yields across DeFI/CeFI platforms ​ Curve 3Pool (DAI-USDC-USDT) : 0.15% AAVE USDC : 0.41% Curve sUSD (DAI-USDC-USDT-sUSD): 1.42% Coinbase USDC : 2% Uniswap USDC-USDT : 2.2% Blockfi USDC : 6% Celsius USDC : 8.5% ​ And the winner is : https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm Series I Savings Bonds : 9.62% APY Behold…
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