Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

New ‘crypto token regime’ instituted at the Dubai International Financial Centre

The emirate’s free trade zone has its own legal system and courts. Now its crypto regulations have been augmented and extended to all tokens recognized in the zone.

A list of Web3 alternatives to popular Web2 services [OC]

I collected alternatives to popular web2 apps hoping to make the transition easier. This is by no means an exhaustive list, but a list of web3 protocols I found useful. You are probably familiar with some of these, but I think most will find at least a few new platforms to check out. Transitioning to…
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Why did you first get into ethereum?

And why are you still here? New member to the community. If anyone has recommended resources for learning about ethereum, I’d appreciate it. I tried reading the white paper… was a bit technical 😬 submitted by /u/Fresh-Chemical-9084 [link] [comments]

Philippines Financial Institution Unionbank Now Provides Crypto Custody and Trading Services

The Union Bank of the Philippines, Inc., more commonly known as Unionbank, announced that the financial institution launched bitcoin and ethereum custody and trading services. The ninth largest bank in the country by assets, Unionbank, will leverage Metaco’s platform Harmonize to pilot the crypto services for clients. Unionbank to Provide Bitcoin and Ethereum Custody and […]

Hmm? 1 USDC = 1.07~ DAI on couple of DEX’s currently.. Risk free money?

Edit: 1inch is back to normal 1:1 on the pair, but still on https://raydium.io dex, its hovering around 1.08 (16.30 edt) Just apped 13000 USDC for ~14K DAI, not a huge profit but nevertheless interesting and would like to know why the fluctuation on what should be 1:1 at all times? Or is it just…
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Bitcoin mining firm Bitdeer could delay public offering to 2023

An SEC filing stated Safari Group shareholders could vote to give the company the option to extend the Bitdeer deadline up to four times until December 2023.

Ripple (XRP) Sits On Key Support; Here Is What Could Happen If $0.45 Fails

XRP’s price slowed down after showing so much strength as it rallied to a high of $0.55.   XRP could suffer retracement as the price site on a crucial support area, holding the price off from sellers with hopes of a rebound.  XRP’s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA). The price of Ripple (XRP) showed some incredible price action as the price rallied from a low of $0.3 to a high of $0.55 after the announcement broke out about winning its lawsuits that have dragged the price into the mud in the past. The crypto market has enjoyed a little bit of relief bounce across all most assets, with Bitcoin (BTC) and Ethereum (ETH) leading the charge as most crypto assets, including MASK, produced over 200% gains in less than 7 days. With uncertainty in the crypto market creeping in, Ripple could suffer a setback in price as it sits on key support. (Data from Binance) Related Reading: Brace For Impact, Bitcoin Price Holds At $20,400 Ahead Of FOMC Ripple (XRP) Price Analysis On The Weekly Chart The crypto market is looking increasingly welcoming as many altcoins continue producing over 200% gains over the past 7 days of breaking out of their range-bound movement. The past weeks were tough for the crypto space, with many altcoins struggling to hold up their key support areas. After enjoying so many rallies in previous weeks, the week looks more mixed.  XRP’s price has had a great run but has faced a setback in rallying past the high of $0.55 to a region of $1, as anticipated by many. After its weekly close of above $0.47, the price of XRP rallied to a high of $0.55; the price faced a minor rejection to break higher to a region of $0.7 and possibly $1. The price of XRP has maintained its bullish structure above the $0.45 region, but this could be fading away as the price has yet to be accompanied by real volume. Weekly resistance for the price of XRP – $0.55. Weekly support for the price of XRP – $0.45. Price Analysis Of XRP On The Daily (1D) Chart In the daily timeframe, the price of XRP continues to be strong as bulls try to hold the price above its key support zone at $0.45, forming strong support to hold off the price from sellers. XRP currently trades at $0.455, just above its key support on the daily timeframe after successfully rallying from this region several times to a high of $0.55 before being rejected.  The price of XRP needs to hold above this region to avoid bears from taking over and driving the price down to a low of $0.35, where the price of XRP has previously formed good support in the past.   Daily resistance for the XRP price – $0.55. Daily support for the XRP price – $0.45-$0.35. Related Reading: Bitcoin Bullish Signal: Whales With 1k-10k BTC Have Been Accumulating Featured Image From Shutterstock, Charts From Tradingview

Steph Curry files trademark for the Curryverse: Nifty Newsletter, Oct. 26–Nov.1

MyNFT marketplace’s new NFT vending machine aims to make digital art more accessible at a London in-person event.

Crypto Influencer ‘George’ From ‘CryptosRUs’ Liquidated His Celsius Account 10 Days Before the Halt

TL;DR: Stop following Crypto Influencers. They do not have your best interests. George of CryptosRUs, used to be a big proponent of centralized lending platforms such as Celsius and Block Fi. I even recall him advertising Celsius, but now am unable to find the videos. It may be due to the fact that some of…
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The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise

The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) by 75 basis points (bps). The American central bank said on Wednesday that the hike aims to curb inflation and the Fed says “recent indicators point to modest growth in spending and production.” U.S. […]