Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

SBF, FTX execs reportedly spend millions on properties in the Bahamas

At least 19 properties worth around $121 million were reportedly purchased under FTX’s name, Sam Bankman-Fried’s parents and senior-level executives.

Warren Buffett’s Berkshire Hathaway Warns About Crypto Exchange Website Using Its Name

The Warren Buffett-led Berkshire Hathaway has issued a statement warning that a cryptocurrency exchange website is using its name. The company stressed that the crypto firm has no affiliation with Berkshire Hathaway Inc. or its chairman and CEO, Warren E. Buffett. Berkshire Hathaway Warns About a Crypto Website Berkshire Hathaway Inc. warned Friday that a […]

What if a DAO bought Alexa from Amazon?

I feel like alexa is a money maker, just not in the model that Amazon was using it for. There are hundreds of thousands of Alexa devices all over the world. Surely the crypto community could use them and make something out of that. I would happily pay some eth every month as a subscription…
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Cold Storage HELP!

I bought my ETH on Coinbase and I want to move it into cold storage. Can you please recommend the best device? Also, what’s the best software interface to use with this device? Do I need to know anything else? THANK YOU! submitted by /u/BuzzardLightning [link] [comments]

Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs

The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US, as part of a wider probe into FTX’s collapse.

Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX

A faked video the FTX founder created by scammers has circulated on Twitter with users poking fun at its poor production quality.

XRP Price Holds Ground While BTC and ETH Slide, Here’s Breakout Zone

Ripple failed to clear $0.40 and corrected lower against the US Dollar. XRP price could start a decent increase if it stays above the $0.345 support zone. Ripple started a fresh decline from the $0.40 resistance zone against the US dollar. The price is now trading below $0.380 and the 100 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.371 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could start a strong increase if it clears the $0.388 resistance zone. Ripple Price Remains Supported This past week, ripple’s XRP attempted an upside break above the $0.40 resistance against the US Dollar. However, the bears remained active near $0.40 and pushed the price lower. However, the recent decline was limited when compared to bitcoin and ethereum. The price declined below the $0.372 and $0.365 support levels. It traded as low as $0.3458 and is currently consolidating losses. It is trading below $0.380 and the 100 simple moving average (4-hours). XRP price is now facing hurdles near $0.370. It is close to the 50% Fib retracement level of the downward move from the $0.3954 swing high to $0.3458 swing low. There is also a key bearish trend line forming with resistance near $0.371 on the 4-hours chart of the XRP/USD pair. A successful break above the trend line resistance might send the price towards the $0.380 resistance or the 76.4% Fib retracement level of the downward move from the $0.3954 swing high to $0.3458 swing low. Source: XRPUSD on TradingView.com The next key resistance is near the $0.388 level. The main barrier is still near the $0.40 level. Any more gains might send the price towards the $0.45 level. Dips Supported in XRP? If ripple fails to clear the $0.388 resistance zone, it could slowly move down. An initial support on the downside is near the $0.345 level. The next major support is near $0.332. If there is a downside break and close below the $0.332 level, xrp price could extend losses. In the stated case, the price could even decline below the $0.320 support. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now losing pace in the bearish zone. 4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $0.345, $0.332 and $0.320. Major Resistance Levels – $0.371, $0.388 and $0.400.

US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up

The crypto-skeptic senators suggested the FTX collapse made it “abundantly clear” that the digital asset industry has “serious problems.”

What to do after taking ETH out of a CeX?

I got a $200 ETH on Binance. I am planning to get it off of there. What's the best defi staking option? I've seen rocketpool being mentioned a few times, is it the best option for me? Do I just exchange my ETH for rETH and keep it in my ledger? Or should I just…
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South Korea, Singapore, Japan Top Countries Most Impacted by FTX Collapse: Report

A new analysis shows that the countries most impacted by the collapse of cryptocurrency exchange FTX are South Korea, Singapore, and Japan. Moreover, Russia, Germany, Turkey, Taiwan, India, Egypt, and Brazil also made the top 10 list of countries most affected by the FTX meltdown. Countries Most Impacted by FTX Failure South Korea, Singapore, and […]