Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Is there any relationship between Web3 and Software Defined Network (SDN), Network Functions Virtualization (NFV), Edge, 5g, or Cloud enablement?

Are there any research papers that talk about how Web3 has enabled (or can enable) certain new features in the space of Edge, 5G, or cloud enablement? Also, are there any papers that talk about how SDNs and NFVs can play a role in supporting Web3 technologies, or (the other way around) how Web3 has…
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TA: Bitcoin Price Eyes Fresh Increase To $22K, Why Dips Remain Supported

Bitcoin started a steady increase above the $21,000 resistance against the US Dollar. BTC could rise further towards $22,000 if it stays above the $20,500 support. Bitcoin is slowly moving higher above the $21,000 resistance zone. The price is now trading above the $20,800 level and testing the 100 hourly simple moving average. There was a break above a short-term bearish trend line with resistance near $21,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it clears the $21,500 and $21,600 levels. Bitcoin Price Shows Positive Signs Bitcoin price formed a base above the $19,200 level and started a decent increase. The price traded above the $20,500 resistance zone to move into a positive zone. The price even gained pace above the $21,000 level and settled above the 100 hourly simple moving average. A high was formed near $21,664 before there was a downside correction. The price traded below the $21,000 level, but the bulls were active near the $20,750 zone and the 100 hourly simple moving average. A low was formed near $20,748 and the price is now rising. It broke the 23.6% Fib retracement level of the downward move from the $21,664 swing high to $20,748 low. There was also a break above a short-term bearish trend line with resistance near $21,000 on the hourly chart of the BTC/USD pair. On the upside, bitcoin price could resistance near the $21,200 level. It is near the 50% Fib retracement level of the downward move from the $21,664 swing high to $20,748 low. Source: BTCUSD on TradingView.com The next key resistance is near the $21,500 zone. A close above the $21,500 resistance zone could set the pace for a decent increase. In the stated case, the price may perhaps rise towards the $22,000 level. The next major resistance sits near the $22,800 level. Dips Supported in BTC? If bitcoin fails to clear the $21,500 resistance zone, it could start a downside correction. An immediate support on the downside is near the $21,000 level. The next major support now sits near the $20,750 level and the 100 hourly SMA. A clear move below the $20,750 support might send the price towards $20,500. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $21,000, followed by $20,750. Major Resistance Levels – $21,200, $21,500 and $22,000.

ETH Explodes 40% in Two Days as the merge nears

submitted by /u/Major_Bandicoot_3239 [link] [comments]

Bitcoin hodling activity resembles previous market bottoms: Glassnode

Bitcoin’s price had just topped $21,000 at the time of writing — meaning around 45% of BTC holders have an “on-paper loss,” according to Glassnode.

Paraguay’s crypto framework one step away from becoming law

Paraguayan lawmakers have deliberated for a year on a comprehensive crypto regulatory framework that includes considerations for businesses and traders.

Monthly NFT trading volumes fell 74% since May

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Germany and USA are Tied as Most-Crypto-Friendly Countries

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US and UK to Deepen Ties on Crypto Regulation, Says British Regulator

Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for less regulation. Now they understand and appreciate that rules are there to help provide certainty,” said the British regulator. US and US to Strengthen Collaboration […]

Binance CEO: As ‘Pure Web3 Company,’ Binance Has No Plans to Offer Stock Trading

submitted by /u/Electrical_Potato_21 [link] [comments]

The origins of Eth

I'm watching Caste in the sky by Miyasaki and they keep mentioning ethereum I brush it off but at the end they show the Ethereum crystal and it's the same as the current logo for Eth. IDK if anyone's posted about this I just thought I would share. submitted by /u/TheIrateProphet [link] …
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