Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Is Ethereum still moving to ewasm?

It's kinda hard to find any up-to-date documentation on this topic so I am gonna ask here 🙂 What's the status of the ewasm project? Does Ethereum still plan to move away from EVM in favor of the ewasm (virtual machine based on WASM)? I know it used to be on the roadmap and talked…
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Bitcoin analysts map out the key bull and bear cases for BTC’s price action

BTC price is showing slight bullish momentum, leading on-chain analysts to present potentially bearish and bullish data-based scenarios.

United Kingdom banks are a threat to crypto, and that's bad news for everyone

Banks in the United Kingdom try to block businesses and individuals alike from investing in cryptocurrency. Regulators should fix the situation.

United Kingdom banks hate crypto, and that's bad news for everyone

Banks in the United Kingdom try to block businesses and individuals alike from investing in cryptocurrency. Regulators should fix the situation.

BIS releases full report on mBridge wholesale CBDC platform after successful pilot

The Bank for International Settlements is on a roll with its third publication within days detailing how commercial banks in four jurisdictions transferred funds using CBDC.

Aspen Creek Digital and Compass Mining to Host Thousands of Bitcoin Mining Rigs at Texas Solar Farm

On October 26, the bitcoin mining operator Aspen Creek Digital Corporation (ACDC) announced that the company has commenced operations at its solar farm-powered high performance computing center (HPCC) in Texas. ACDC further detailed that the company inked a deal with the firm Compass Mining in order to host 27 megawatts (MW) of capacity, which will […]

How long are you holding?

I am holding for YEARS and YEARS. I am not TOUCHING my RavenCoin. I literally will hold these coins I have and am mining for a decade or more. I have faith in this project and have ZERO intentions on selling them. I was mining BTC when it was the only coin around, I had…
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Dogecoin (DOGE) Rallies With Over 10% Gains; Will Price Finally Hit $0.1?

DOGE’s price shows strength as it bounces from a downtrend range with high volume, aiming for a rally to $0.1. DOGE faces a major test to trend higher above $0.1 after the price broke out of its long-range price movement. DOGE’s price remains strong above the 50 Exponential Moving Average (EMA) as it attempts to rally past a key area of $0.1. The price of Dogecoin (DOGE) has remained strong after breaking out of its long-range with good volume as it aims to capture the region of $0.1. The crypto market has appeared more stable this week, with Bitcoin (BTC) and Ethereum (ETH) experiencing significant price movement. This new relief rally in the crypto market has benefited smaller coins such as DogeCoin (DOGE), which has rallied from its downtrend movement to a range high of $0.055 to $0.07 as price attempts to rally higher. (Data from Binance) Related Reading: Is Bitcoin Rise Above $20k Sustainable? Here’s What On-Chain Data Says Dogecoin (DOGE) Price Analysis On The Weekly Chart. Although many altcoins have struggled to trend in a range market, the price of DOGE has seen more of a downtrend move as the price of DOGE dropped from a high of $0.7 to a weekly low of $0.055, seeing more than an 80% decline in its price. DOGE’s declined from an all-time high of more than $0.7 to a region of $0.15 before rallying to a high of $0.35; the price of DOGE faced further rejection to its price to a range low of $0.23 where it formed weak Support to hold sell-offs, but this proved to be abortive as price saw a constant decline.  The price of DOGE dropped to a weekly low of $0.055 as the price bounced immediately, forming a price range in an attempt to break out. With the market looking more promising, we could see the price of DOGE rally to a high of $0.1 with good volume, where the price could face resistance to trend higher. Weekly resistance for the price of DOGE – $0.1. Weekly Support for the price of DOGE – $0.07. Price Analysis Of DOGE On The Daily (1D) Chart In the daily timeframe, the price of DOGE remains strong and trades above the key Support formed at $0.066 after the price broke out of its range-bound channel with good volume.  The price of DOGE needs to hold above 50 EMA, acting as a strong support for the price of DOGE. The price of $0.062 corresponds to the value of 50 EMA, acting as Support for the price to trend higher to a region of $0.1.  The volume for DOGE indicates strong uptrend momentum as buyers dominate the market. Daily resistance for the DOGE price – $0.1. Daily Support for the DOGE price – $0.066-$0.062. Related Reading: Bitcoin Bollinger Band Breakout Starts To Squeeze Shorts | BTCUSD Analysis October 26, 2022 Featured Image From AMBCrypto, Charts From Tradingview