Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

We should hold guys like McCormack, Pomp, Doug Polk more accountable for their sponsors

These guys have endorsed or been sponsored by Compass Mining, Block Fi, Coin Flex, Celsius, etc. All of these companies have engaged in shady practices and have made these influencers rich. They share responsibility in promoting and funneling people into these companies. McCormack, the ultimate BTC maxi, pushing people to stake their coins and take…
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couple questions about Ledger Nano S Plus

can I transfer my ENS name to it? is rocketpool staking (rETH) supported? it says rETH isn't supported, but also says it supports all ERC-20 tokens.. can I use the device as a 2FA key? almost certain I can because of the U2F chip, but just making sure. does it support L2s? I doubt it,…
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Crypto Losses? Koinly Reveals 5 Tax Hacks You Need Now

PRESS RELEASE. With crypto markets down around 50% in the past month and over 70% from their highs in late 2021, many crypto investors are searching for answers after their profits from the last few years have evaporated into the ether. Following the incredible bull market, crypto investors enjoyed over 2020 and 2021; you may […]

Since charts never work, I figured I we all have the same luck doing Astrological Charts for our coins.

Bitcoin.org was purchased Jan 4th 2008. This is the closest thing we have to determining roughly around the time Bitcoin was conceived. October 31st, the code was put out there. Bitcoin was conceived in the month of Aquarius, and it was born in the month for Scorpio That said, the months of Scorpio and Aquarius…
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Report: 75% Have Heard About Crypto in Spain, According to the CNMV

The results of a new report commissioned by the CNMV, the securities watchdog in Spain, have found that three out of four citizens have heard about cryptocurrencies. However, the report, which included opinions from 1,500 participants, also found that this knowledge is still minimal, and that less than 10% have actually purchased cryptocurrency as a […]

Do you guys still trust stablecoins?

I already know how most of the sub feels about usdT , but stable coins in general, is it something that we can trust to hold its peg? Right now we’re in a noticeable downturn, and for crypto people who are into being their own bank, can stable coins still be a reliable storage of…
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Mystery solved: That secretive solar farm in western Colorado? It’s officially a crypto mine.

submitted by /u/AblePaleontologist0 [link] [comments]

Crypto crash threatens North Korea’s stolen funds as it ramps up weapons tests

submitted by /u/AblePaleontologist0 [link] [comments]

XRP Has Dropped To $0.34, What To Expect In The 24 Hours?

XRP and other market movers have continued to face the wrath of the bears. The altcoin has fallen considerably over the last 24 hours. It had secured gains over the past week but since the bulls are back, the coin lost what it had gained. Profit booking has taken over as the market movers witnessed a brief relief rally. Although price of the altcoin surged by 16% over a week, the daily losses have invalidated most of it. In the last 24 hours the coin fell by 3%, bringing its price down to $0.34. The bulls have tired out and surrendered to the bears. Selling pressure has increased as XRP turned bearish. The next crucial resistance for the coin hovers at around the $0.30 mark. Technical outlook for XRP flashed mixed signals with a positive divergence on the daily chart. XRP Price Analysis: One Day Chart The altcoin was trading for $0.34 on the one day chart. Immediate resistance for the coin was at $0.48 Before XRP revisits the aforementioned price level of $0.48, the coin has to trade above the $0.40 mark for sometime. Going by the near term technical outlook, the altcoin could lose on its chart again. The support region for the coin would be near $0.30 to $0.28 in a case of a further fall. The amount of XRP traded in the previous session has shot up signifying that sellers were active in the market, the bar was in red highlighting bearish strength. Technical Analysis Indicators were bearish on the 24 hour chart. In accordance with profit booking, sellers had increased in number at the time of writing. The Relative Strength Index slipped below the half-line signifying bearishness as sellers took over the market. On the 20-SMA line, price of XRP was parked below the 20-SMA line, this signalled that selling pressure mounted because sellers drove the price momentum in the market. The above chart however displayed a chance of price undergoing a correction. On the RSI, a positive divergence was formed. A positive divergence indicates that buying strength would return and help the price of the asset to move north on its chart. Sellers have re-entered the market, despite this observation, XRP has continued to flash buy signal in the market. This could mean that followed by the present sell-off, XRP might attempt to secure gains. The Awesome Oscillator depicts price momentum and also accounts for reversals, the indicator displayed green signal bars. These green signal bars were buy signals for the coin. Parabolic SAR also reads the price trend and changes in the same. Dotted lines were spotted below the candlestick which meant that XRP might turn positive over the next trading sessions. Featured image from UnSplash, chart from TradingView.com

Regulatory uncertainty creates rash of ‘novel’ lawsuits: Legal experts

“Litigation and enforcement activity is likely to accelerate in the current regulatory climate, perhaps in unpredictable ways,” says lawyers from Choate Hall & Stewart LLP.