Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Help me understand NFTs, I honestly don’t get why anyone would buy it.

I mean I can understand someone for example buying a vintage Key marvel comic book and paying a lot of money for it since it is something that they love and have some inner nostalgic value, and they would probably find others that would pay the same / more for it. But I just don't…
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Getting Shibby with it: SHIB burning portal launches

Shiba Inu devs launched a portal that will burn more SHIB tokens than ever before and reward burners for doing so.

Ravencoin Distribution Details! 525,984 Wallets, 99,636 Holding 1k RVN Coins Or More

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

Help! How do I redeem my eth?

I have my receipt for the ribeye I had for dinner. I was told I could get some eth with proof of steak submitted by /u/Strong-Entry-1179 [link] [comments]

Bank of Russia to Pilot Digital Ruble Settlements in 2023

Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions. Russia to Trial Digital Ruble in Settlements, International Payments The full launch of the […]

Decentralization 'absolutely essential' in building crypto capital markets

Sang Lee believes blockchain technology developments have already left traditional banks in the dust, but adoption remains relatively low due to several factors.

TA: Ethereum At Clear Risk of More Losses Below $2,800

Ethereum started a sharp decline from $3,000 against the US Dollar. ETH is struggling below $2,900 and might slide below the $2,800 level in the near term. Ethereum started a major decline after there was a clear move below $3,000. The price is now trading above $2,900 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,935 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,840 support to avoid more downsides in the near term. Ethereum Price Dives Ethereum attempted a clear move above the $3,000 resistance zone. However, ETH failed to gain strength above the $3,000 level and formed a short-term top near $2,980. A high was formed at $2,967 and the price started a sharp decline. There was a clear move below the $2,950 support zone and the 100 hourly simple moving average. The bears were able to push the price below the $2,900 level. A low was formed near $2,840 and the price is now consolidating losses. Ether is now trading above the 23.6% Fib retracement level of the recent decline from the $2,967 swing high to $2,840 low. On the upside, an initial resistance is seen near the $2,900 level. It is near the 50% Fib retracement level of the recent decline from the $2,967 swing high to $2,840 low.  The next major resistance is near the $2,930 level. There is also a key bearish trend line forming with resistance near $2,935 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com The main resistance now sits near $3,000 and the 100 hourly simple moving average. A close above the $3,000 level might start a fresh rise in the near term. In the stated case, ether might climb towards the $3,050 level. More Downsides in ETH? If ethereum fails to gain pace above the $2,930 level, it could continue to move down. An initial support on the downside is near the $2,850 zone. The first major support is near the $2,840 level. If there is a downside break below the $2,840 support, the price could accelerate lower. The next key support is near the $2,750 zone. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $2,840 Major Resistance Level – $2,930

AkuDreams dev team locks up $33M due to smart contract bug

A highly anticipated NFT project has been hit with an exploit and a smart contract bug, causing a disruption to its auction and leaving the team with $33 million unable to be accessed.

The Olive Corporation Could Be the Next Big Thing in Crypto, the Metaverse and the Food Sector

Everyone would agree that the metaverse is a novel concept that is only going to become more popular as time goes on. Even now, many international companies from a variety of backgrounds such as Samsung, Emirates Airlines, and even JPMorgan have all gotten involved with the metaverse, so it is safe to say that this […]