Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Bahamian attorneys pursue access to FTX data of international customers

The Bahamian attorneys filed an emergency motion with a Delaware bankruptcy judge requesting access to FTX’s customer database to aid their ongoing investigations.

ELI5: How to set up an ETH light node

I've done some due diligence and tried to research the topic but I'm still very confused. submitted by /u/SweetAndSourShmegma [link] [comments]

[SERIOUS] The ‘audits’ coming out are ALL the SAME, but people choose to attack only one specific exchange for the matter at hand.

One user made a post about here: https://www.reddit.com/r/CryptoCurrency/comments/zgyljm/binance_audit_was_actually_and_legally_not_an/ Did a good job pointing out the facts, and I don't hold him to use the same scrutiny as news sources, as he's just a person not a news site. I just used his post as an example ​ https://www.rebellionresearch.com/is-binance-audited This news source above comes with some…
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How Rug Radar Ends Crypto’s Notorious “Rug Pull” Scam Forever

submitted by /u/JD_2020 [link] [comments]

Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days

The meme coin economy has seen its value increase 7.77% against the U.S. dollar during the last month, as the meme token market leader dogecoin jumped 29.4% higher in 30 days. Dogecoin has also managed to move from the ninth-largest market cap position to the eighth-largest crypto market valuation this past month. Shiba inu, on […]

Ethereum Price To Remain Sluggish Before It Attempts A Rally

The Ethereum price has moved in the same direction as the broader market. In the last 24 hours, Ethereum has moved up by 2.5%. On the weekly timeframe, the altcoin has rarely registered any movement. This reflects lateral trading for ETH. In the short term, the altcoin might be registering gains, but as the technicals indicate, the coin can depreciate again before it rallies. Accumulation has been considerably low on the chart. Buying activity must significantly increase if ETH is to break above the $1,300 price mark. Even though ETH remained comfortably above the $1,220 price, buying strength has been weak on the daily chart. Ethereum has to keep trading above the $1,240 and $1,250 price levels for the coin to take a shot at $1,300. The bulls will lose all strength if the Ethereum price moves below the $1,240 mark and closes near $1,230. This price pullback can then further fuel a rally to $1,300. Related Reading: Ethereum: On-Chain And Social Metrics Reveal Bulls Vs. Bears Battle – Who’s Winning? Ethereum Price Analysis: One-Day Chart ETH was trading at $1,275 at the time of writing. The coin is presently consolidating after flipping the $1,240 level as support. Immediate resistance for Ethereum stood at $1,290; the coin is expected to encounter a setback at that level. However, ETH must stay above $1,250 to avoid a significant loss of value. The bulls must keep defending the $1,250 level regarding the closest support line. The amount of Ethereum traded in the last session declined slightly, indicating a fall in the number of buyers in the market. Technical Analysis Corresponding to the earlier statement about low buyers, the technical outlook also painted the same picture. Although above the half-line, the Relative Strength Index remained weak as it displayed a downtick on the daily chart. This reading is associated with a fall in demand and accumulation. On the contrary, the Ethereum price was above the 20-Simple Moving Average. The indicator depicted that ETH was in the hands of the buyers, as the buyers were driving the price momentum in the market. With buyers still under some control of the price, the Moving Average Convergence Divergence (MACD) reflected the same sentiment. MACD indicates price movements and trend reversals; the indicator displays small green signal bars tied to the buy signal for ETH. However, it is to be remembered that the signals were declining in height, indicating a fall in demand. Bollinger Bands demonstrate the chance of price fluctuation and volatility in the market. Because the bands remained parallel, Ethereum is expected to trade within a range in the coming trading sessions. Related Reading: Ethereum Price Bulls Hold Strong, Indicators Suggest Fresh Rally To $1,400 Featured image from Unsplash, Chart: TradingView.com 

Nobody who has held Bitcoin for 5+ years has ever lost money…

…until this week. This bloody Bitcoin market has led to another new milestone. On December 7th, 2022, the BTC [low] price went below the December 7th, 2017 [high] price of $16879 USD. This has never happened before in Bitcoin’s history for any dates 5+ years apart. 2017 price data 2022 price data This post of…
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Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions

The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto Tracing Tool on Eve of Anti-Corruption Day Employees of MVD, […]

Crypto​.com releases proof of reserves, showing above 100% for BTC, ETH By Cointelegraph

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

Justin Bieber, the Weeknd, More Named in Bored Ape Yacht Club Lawsuit

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