Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Sports sponsorship is helping legitimize crypto in Australia — Coinjar exec

Luke Ryan of CoinJar says sporting partnerships “helps shift the image of crypto away from the idea that it’s only there as speculative mania.”

Number of Youtube Crypto Stream Scams and Fake Domains Explodes in H1 2022

A report issued by Group-IB, a Singaporean cybersecurity company, has found that the number of cryptocurrency scams that use fake domains has exploded during the first half of 2022. The number of these domains has grown fivefold, and most of these campaigns, though registered with Russian registrars, are designed to reach English and Spanish-speaking crypto […]

$400M in Liquidations as Ethereum (ETH) Slumps to 2-Month Lows

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

Biggest Fed rate hike in 40 years? 5 things to know in Bitcoin this week

The Fed prepares an inflation move that could act as a “sledgehammer” for crypto and risk assets.

Carlita, DJ Tennis, and Calamar Crew to Headline AFTER 2049, the Official Closing Event for Asia’s Largest Web3 Conference

PRESS RELEASE. TOKEN2049, Asia’s premier crypto conference, announced the DJ line-up of AFTER 2049, the official closing event of this year’s September edition. Headlined by Istanbul-based DJ and producer Carlita, electronic icon DJ Tennis, and Moojo, Mo-Shi and Leon (Calamar Crew), AFTER 2049 will be taking place on Friday, 30 September as it takes over […]

TA: Ethereum Price Nosedives, Why ETH Could Soon Test $1,200

Ethereum declined sharply from the $1,500 resistance zone against the US Dollar. ETH is down over 10% and there could be more losses towards the $1,200 support. Ethereum started a fresh decline after it failed to clear the $1,500 resistance zone. The price is now trading below $1,400 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate further lower below the $1,300 support zone in the near term. Ethereum Price Starts Fresh Drop Ethereum failed to gain strength for a move above the $1,480 and $1,500 resistance levels. ETH formed a top near the $1,475 level and started a fresh decline. There was a steady decline below the $1,400 level and the 100 hourly simple moving average. The price even traded below the $1,350 and $1,320 support levels. There was a drop over around 10% and the price traded as low as $1,288. Ether price is now consolidating losses above the $1,280 level and below the 100 hourly simple moving average. On the upside, the price is facing resistance near the $1,335 level. It is near the 23.6% Fib retracement level of the recent decline from the $1,474 swing high to $1,288 low. The next major resistance is near the $1,360 and $1,380 levels. There is also a key bearish trend line forming with resistance near $1,360 on the hourly chart of ETH/USD. It is near the 50% Fib retracement level of the recent decline from the $1,474 swing high to $1,288 low. Source: ETHUSD on TradingView.com A clear break above $1,380 might send the price towards the $1,440 level. Any more gains may perhaps open the doors for a move towards the $1,480 resistance in the near term. More Losses in ETH? If ethereum fails to rise above the $1,360 resistance, it could continue to move down. An initial support on the downside is near the $1,300 zone. The next major support is near $1,260. A downside break below the $1,260 support might another sharp decline. In the stated case, ether price might decline towards the $1,200 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,300 Major Resistance Level – $1,360

What Ethereum-based projects are you guys most excited about based on use-case/application, technology and team (not price action)?

Curious to hear community's thoughts on most compelling Ethereum based projects based on idea/use-case, application, technology and team. Back in the days, examples were ChainLink, Uniswap, Maker, AAVE etc. submitted by /u/Sharp_Tank05 [link] [comments]

r/Cryptocurrency alike platform in which moons are supported by real tokenomics

Let's say someone decides to create an identical platform to Reddit but with a very particular change… this version of Reddit has some play-to-earn features. In this hypothetical scenario, this imaginary platform would be free to use, however, to start earning their crypto you would have to buy a $100 NFT from them first. The…
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Report: Quebec’s Mohawk Council of Kahnawake Seeks Energy to Power Crypto-Mining Opportunities

According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) created a new organization to research crypto-mining opportunities that could be added to the council’s economic development portfolio. […]

3 barriers preventing Web3 mass adoption — Trust Wallet CEO

Trust Wallet CEO says the current bear market could provide an opportunity for the Web3 industry to address consumer concerns before the next bull market.