Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Nifty News: Dr Disrespect unveils NFT game to mixed reaction, FC Barcelona's first NFT sells for $700K and more…

Shib Eternity unveiled as the name of Shiba Inu’s upcoming mobile NFT game, and Funko will launch sets of NFT packs depicting Avatar character collectibles.

Woman Behind Bitcoin Murder for Hire Plot Sentenced to Ten Years in Prison

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

How are L2 bridges more secure than cross chain bridges?

I’ve been seeing this claim so just wanna learn more. We all know cross chain bridges get hacked and exploited constantly, with the most recent one being Nomad (seems to be a software/code problem this time as opposed to a 51% attack problem?), so just wondering how does security with L2 bridges work? submitted…
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How the hell are all you people getting hacked? Some guidelines you might find useful

I seriously dont understand, i see so many new posts of people getting hacked its sad. As a person who never got hacked, plus i dont use any type of anti virus or firewall ever since Zone Alarms locked me out of my computer almost 15 years ago. Just use common web litteracy, stop clicking…
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TA: Ethereum Breaks Down, Why ETH Could Revisit $1,500

Ethereum failed to stay above $1,650 and extended losses against the US Dollar. ETH might continue to move down towards the $1,500 support zone. Ethereum started a downside correction after it settled below the $1,700 level. The price is now trading below $1,650 and the 100 hourly simple moving average. There was a break below a declining channel with support near $1,610 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down towards the $1,550 support or even $1,500. Ethereum Price Extends Decline Ethereum failed to stay above the $1,700 level and started a downside correction. ETH moved below the $1,660 and $1,650 support levels to enter a short-term bearish zone. There was a clear move below the 23.6% Fib retracement level of the upward move from the $1,356 swing low to $1,785 high. Besides, there was a break below a declining channel with support near $1,610 on the hourly chart of ETH/USD. Ether price is now trading below $1,650 and the 100 hourly simple moving average. It seems like the price might continue to move down, with an immediate support at $1,570. An immediate resistance on the upside is near the $1,600 level and the broken channel support zone. The first major resistance is near the $1,665 zone and the 100 hourly simple moving average. The main resistance is now forming near the $1,680 zone. Source: ETHUSD on TradingView.com A clear move above the $1,680 level could even pump the price to $1,720. In the stated case, the price may perhaps rise towards the $1,750 resistance zone or even $1,780. More Losses in ETH? If ethereum fails to rise above the $1,680 resistance, it could continue to move down. An initial support on the downside is near the $1,570 zone. The 50% Fib retracement level of the upward move from the $1,356 swing low to $1,785 high is also near the $1,570 level. The next major support is near $1,520, below which there is a risk of a sharp decline. In the stated case, ether price may perhaps decline towards the $1,400 support in the near term. 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 moving in the oversold zone. Major Support Level – $1,570 Major Resistance Level – $1,680

Tether supply starts to increase after three-month decline

The Tether printers have been fired up again as the USDT circulating supply has started to tick up.

What would happen if Ledger went out of business // Ledger Live was discontinued?

I have a hardware wallet, but I am pretty dependent on Ledger Live. I have a few other accounts (e.g. ADA) where Ledger Live isn't supported so I use another wallet and then have the keys stored on my ledger, which I understand, but if Ledger Live were to disappear, or Ledger go out of…
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Sorry about the small drop the last hour…

I just bought a little over one hundred Ethereum and the market wanted to punish me for purchasing that much. Just continue carrying on. It will surely rise again, right? submitted by /u/AndEllie [link] [comments]

Crypto lender Vauld granted three-month protection from creditors

Vauld’s parent company Defi Payments Ltd says the moratorium granted on Monday will give it the necessary breathing room to form a restructuring plan.

DOT Clamping On $8 Support Crucial To Maintain Bullish Pace

Can Polkadot (DOT) hold on to dear life as its price nosedived by 4% on the daily charts right after it peaked at $8.84? The $8 support line is seen as a critical zone for the coin, especially with the prevailing seller pressure going on. DOT is seen to go downhill or can plunge to $6 in the coming days. On the brighter side, the token’s price is generally bullish as shown in the extended increase which propelled its price to a high of $8.84 seen yesterday. On the other hand, DOT is seen to have decreased by 4% in price overnight. On July 26, 2022, its price formed an extended ascending triangle pattern when the price plunged to a mere $6.55.Cryp DOT Breaks Resistance At $8.5 Hereinafter, DOT has been extremely bullish and breaking the resistance seen at $8.5 and as it trades above $8.60. Support clamped at $8 is mission-critical for Polkadot price, especially with imminent selling pressure. With that in mind, any movement that swerves below this critical line could trigger a worse downtrend that may result in a price decline to $6.15. Major cryptocurrencies like Bitcoin and Ethereum also suffered a massive drop in the past 24 hours. Bitcoin evidently dipped by 3% or towards $23,700, while Ethereum plunged dramatically to $1,700. With the altcoins, Ripple spiked by 3% reaching $0.38, Cardano dropped to $0.52, Solana soared to $44.22, while Dogecoin plunged by 3% and fell to $0.07. Can Crypto Maintain Its Bullish Momentum? Based on the 24-hour chart, Polkadot’s price is seen shooting for an uptrend that showed a price increase to $8.84 seen yesterday. On the other hand, DOT price has experienced volatility which prompted the price to move downwards. Still, the DOT price has remained hovering over the critical 9 and 21-day moving averages as well as the 50-day EMA that registers at $7.80.  More so, there is a huge potential for the price to touch the resistance levels spotted initially at $9.20 and next at $12.5. DOT RSI has also soared so much that it covered the overbought zone spotted at 61.72 overnight, which may impact the price in the next trading sessions. As a consequence, DOT trading volume also dropped by 17% which implies reduced market valuation. The Moving Average Convergence Divergence (MACD) is seen forming seismic patterns of higher lows keeping a solid bullish divergence. So, the next 24 hours is critical. DOT price should be able to claim strongly with its $8 support because an inch below this level can clearly invalidate the coin’s bullish streak that may send DOT downhill with the next support spotted at $4.5. DOT total market cap at $7.7 billion on the daily chart | Source: TradingView.com Featured image from VOI, chart from TradingView.com