Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Team Finance hacker returns $7M to associated projects after exploit

The individual who exploited the protocol intends to keep a 10% bounty of the stolen funds.

Edward Snowden promotes the Bitcoin Whitepaper on its 14th anniversary (congratulations all!) and destroys Craig Wright in the process

Edward Snowden is "an American and naturalized Russian former computer intelligence consultant who leaked highly classified information from the National Security Agency (NSA) in 2013, when he was an employee and subcontractor. His illegal disclosures revealed numerous global surveillance programs" (Wikipedia). Today, Snowden shared the Bitcoin Whitepaper to his 5.3 million followers via Twitter on…
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“Are you ready for moonvember?” – PlanB

October 30, 2022. “He did it again, he posted it again damn it” I thought to myself when I saw that PlanB had updated his plan on his Twitter account, likely following the recent rally in cryptos and stocks over the past few days. ​ https://preview.redd.it/cn74sm5wg6x91.jpg?width=1080&format=pjpg&auto=webp&s=558b68706427de66c5021b59a07b8c0396e44ec7 So here's a screenshot of one of his tweets…
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Luiz Inácio Lula da Silva wins Brazil’s presidential race — What does this mean for crypto?

The future president reportedly said that cryptocurrencies “deserved the attention of authorities,” calling for Brazil’s central bank to create a framework for digital assets.

Bitcoin Price Analysis Ahead Of Its Monthly Close, Will $20,500 Hold As Support?

BTC’s price shows strength as it bounces from a downtrend range price rallied to a high of $20,500 with eyes set on $22,000.  BTC could rally more as the price creates more bullish bias by breaking out of a downtrend descending triangle with eyes set on rallying higher. BTC’s price remains strong on the daily timeframe abo the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The price action displayed by Bitcoin (BTC) in the past few days has been impeccably high, with the price rallying from a low of $18,800 to a high of $21,500, forming a more bullish bias with eyes set for more rallies ahead of its monthly close. The crypto market is looking increasingly welcoming as many altcoins continue producing over 50% gains. The likes of DOGE have seen some great runs recently, rallying from a low of $0.055 to a high of $0.15, with many others as Bitcoin (BTC) continues to lead the charge for more price recoveries. (Data from Binance) Related Reading: Why Bitcoin Will Crush Opposition At $21,000, Green November In The Making Bitcoin (BTC) Price Analysis On The Weekly Chart. Bitcoin (BTC) has struggled to regain its bullish momentum in recent times; despite the uncertainty that has befallen the crypto space, the price of BTC has enjoyed a measure of relief after showing so much strength on the weekly low, rallying from a low of $18,800 to a high of $20,500 as the price of BTC formed support above this region for more rallies. Past weeks have been nothing short of a boring and difficult moment for BTC and the whole of the crypto industry as the price of BTC continued its range between $18,800 to $19,200 before showing strength to rally past this region, acting as a block for price rallies.  After its weekly close of above $20,500, BTC’s price looked stronger as the price of BTC geared up for more upside price moves.; the price has faced a minor rejection to break higher to a region of $21,000. Weekly resistance for the price of BTC – $21,200. Weekly support for the price of BTC – $20,500-$19,800. Price Analysis Of BTC On The Daily (1D) Chart In the daily timeframe, the price of BTC continued to look strong as the price broke out of its descending triangle, with good volume rallying to a high of $20,800 as BTC price formed a good support around $20,500. Still, the price of BTC faces a little rejection; flipping $21,200 into support would lead to more upside to a region of $22,000 for BTC.  The price of BTC is struggling to break and close above $21,200, which corresponds to the 32.8% Fibonacci retracement value (Fib Value); if the price breaks and closes, we could see the price rally to $22,500 at 61.8% Fib value. Daily resistance for the APE price – $5-$6. Daily support for the APE price – $4.5. 32.8% Fib Value – $21,200 61.8% Fib Value – $22,500 Related Reading: TOP 5 Cryptos To Watch This Week – BNB, BTC, ETH, LINK, SOL Featured Image From zipmex, Charts From Tradingview

Bitget Launches ‘Bitget Insights’ to Enhance Social Trading Initiatives

PRESS RELEASE. October 31, 2022 – Leading global cryptocurrency exchange Bitget announces the launch of its new feature “Bitget Insights’‘. The feature serves to integrate social media with social trading via the Bitget exchange. The launch signifies the next stage in Bitget’s crypto social trading initiative, aimed at benefiting both new retail investors as well […]

Why The Dogecoin And Meme Coin Rally May Not Be Over Just Yet

Dogecoin is still riding the wave of the hype that came with the completion of the deal between Elon Musk and the social media platform Twitter. The meme coin had been able to rally towards six-month highs and broke several major resistance levels along the way. Even now, the rally in the price of the digital asset is expected to continue and in doing so, it will take the entire meme coin sector with it. Meme Coins Follow Dogecoin Over the last week, meme coins have stuck closely to Dogecoin’s rally. While the largest meme coin by market cap had been on the rise, its smaller counterparts had quickly followed. Cryptocurrencies such as Shiba Inu (SHIB) and Dogelon Mars (ELON) had seen good movement as well during this time. Related Reading: Can Elon Musk Influence The Next US Election? The largest meme coins had recorded double-digit gains in what has arguably been the most profitable time for meme coins in 2022. Dogecoin’s market cap had more than doubled during this time and other meme coins had moved up the ladder in terms of their positions in the crypto market. While Dogecoin had reclaimed the 8th position, beating out heavy hitters such as Cardano and Solana, Shiba Inu had also moved to take the 13th position. Dogelon Mars also moved in this time and now sits at 135th according to data from Coinmarketcap. As for Baby Doge Coin, it is currently ranked 223rd by the data aggregation website. DOGE price at $0.122 | Source: DOGEUSD on TradingView.com Meme Coin Season Not Over Now, going into the new week, there has been some lull in the crypto market. This is obvious given most cryptocurrencies are in the red in the last 24 hours since the weekend had come with low momentum and low volatility. However, even though the general crypto rally might be looking at an end, it may not be so early for meme coins. Obviously, the reason for the Dogecoin rally that led to meme coin season was Elon Musk’s Twitter acquisition, and this is despite the fact that the billionaire is yet to lay out his plans for the meme coin and how it fits into his grand plan for Twitter. Musk had previously proposed the idea of adding DOGE to the Twitter “Tip Jar” feature to make it possible for users to tip creators with the meme coin. If this remains part of Musk’s plan now that he is Twitter’s boss, then there is expected to be an even bigger (positive) response from DOGE to this news. Related Reading: Ethereum Devs Try To Leverage Price Surge As Smart Contracts Reach New High Naturally, as Dogecoin rises, so will the rest of the meme coins given what has been witnessed in the market already. So despite the slowdown, there may still be more upward movement in the future of these meme coins. Featured image from Analytics Insight, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…

3 Bitcoin Mining Records Set in October — BTC Hash Price Taps Lifetime Low, While Hashrate and Difficulty Surged

This month bitcoin’s hash price tapped an all-time low of $66,500 per exahash on Oct. 25, according to statistics from the onchain market intelligence firm Glassnode. Alongside this, the network’s mining difficulty reached a lifetime high at 36.84 trillion on Oct. 23. Despite the high mining difficulty and the lower prices, Bitcoin’s total hashrate reached […]

Bitcoin fails to break the $21K support, but bears remain shy

BTC futures and stablecoin margin data shows a lack of appetite from buyers even as Bitcoin gained 7.5% in a week.

writing zk proofs

I was exploring zk proofs and how I can leverage it to do off chain computations. But found writing circuits in circom is not easy. For example, I want to build a auto battler game, (the starting state gets updated according to the game logic and the final state determines the winner) but to write…
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