Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Survivability in Times of Crisis, Internet Outages and Cyber Warfare – Bastyon Inventor Explains

Bastyon is a social platform that combines elements of Youtube, Twitter and Torrent; it is closing in on half a million users and growing fast. Bastyon is built on the premise that social media should be Web 3.0, decentralized with an open-source code, distributed node infrastructure and no corporate entity to control it, like the […]

The second biggest echo-chamber crypto sub is starting to unravel

All crypto subs are serious echo chambers, but the second biggest one is starting to show signs of collapse. Over the past few weeks, the members of the Loopring sub have been building towards a full scale riot against their leaders. It is now all but impossible to even ask questions in the loopring as…
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Metaverse Real Estate Sales to Grow by $5 Billion by 2026

The real estate market in the metaverse is projected to pass $5 billion by 2026. This is the prediction of the latest metaverse report by Technavio, a global market research firm. The report states that the rise will be fueled by the growth of the metaverse into a mixed reality environment, where people can take […]

Yuga Labs 'inappropriately induced' BAYC investors: Class action

Law firm Scott+Scott alleges that Yuga Labs promoted a chance at huge returns on investment to “unsuspecting investors.”

Between Scroll and ZkSync who has or will have the “better” zkEVM?

Scroll and ZkSync seem to be the two "best" zkEVMs given the ethos of Ethereum and all that. Between these two which one has or will have the "better" zkEVM? submitted by /u/mybed54 [link] [comments]

TA: Bitcoin Price At Clear Risk of Sharp Drop, Indicators Turn Red

Bitcoin started a fresh decline from the $23,000 resistance against the US Dollar. BTC is declining and remains at a risk of a sharp decline below $21,800. Bitcoin started a downside correction and traded below the $22,200 level. The price is now trading below the $22,500 level and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $22,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might decline heavily if there is a clear move below the $21,450 level. Bitcoin Price Starts Fresh Decline Bitcoin price attempted a clear move above the $24,000 resistance zone. However, the bears appeared near $23,800 zone. The last swing high was formed near $23,744 before there was a fresh decline. The price declined below the $22,500 support level and the 100 hourly simple moving average. However, the bulls were active near the $21,950 zone. Recently, there was an upside correction above the $22,200 resistance zone. The price climbed above the 23.6% Fib retracement level of the downward move from the $22,744 swing high to $21,950 low. However, the price faced sellers near the $23,000 zone and the 100 hourly simple moving average. The price failed near the 50% Fib retracement level of the downward move from the $22,744 swing high to $21,950 low. It is now moving lower below $22,000. There was a break below a key bullish trend line with support near $22,700 on the hourly chart of the BTC/USD pair. It is now approaching a key support near $21,800 level. On the upside, bitcoin price could face resistance near the $22,200 level. Source: BTCUSD on TradingView.com The next key resistance is near the $22,500 zone. A close above the $22,500 resistance zone could set the pace for more gains. In the stated case, the price may perhaps rise towards the $23,000 level. The next major resistance sits near the $24,000 level. Downside Break in BTC? If bitcoin fails to stay above the $21,800 support, it could continue to move down. An immediate support on the downside is near the $21,600 level. The next major support now sits near the $21,500 level. A clear break and close below the $21,500 support zone might send the price towards $20,500 in the near term or even $20,000. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is well below the 50 level. Major Support Levels – $21,600, followed by $21,500. Major Resistance Levels – $22,200, $22,500 and $23,000.

Hoping none of you degens are using the crypto casino ads I keep seeing on Reddit.

After everything the market has been through since November, it feels almost like a slap in the face to see these casinos being advertised on Reddit. Just the wording with some of them being something like, "If you invested in Bitcoin, why not gamble here?" Fuck the fuck off. The only bet I'd make is…
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Stablecoin projects need collaboration, not competition: Frax founder

As long as stablecoin “liquidity is growing proportionally with each other,” there won’t ever be true competition between stablecoins, says Frax Finance’s Sam Kazemian.

If you suddenly made $50M from crypto. What would you do?

Let's say that you invested in crypto, and that investment paid off BIG TIME, from night to day you made 50 Million dollars, what would you do? We are talking about life changing money right here. I know it's unlikely to happen to the normies of this sub, but it's still healthy to dream about…
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Donald Trump Warns US Economy Is Facing ‘Much Bigger Problem Than Recession’ — ‘We’ll Have a Depression’

Former President Donald Trump has warned that the U.S. economy is facing “a much bigger problem than recession.” Noting that “We’ll have a depression,” he stressed: “We have to get this country going, or we’re going to have a serious problem.” Donald Trump on Economic Recession and Depression Former President Donald Trump warned Friday in […]