Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Krugman Says He Was ‘Wrong About Inflation,’ Summers Talks Recession, Biden Criticized Over ‘Half-Truths and Fibs’

In mid-June red hot inflation reared its ugly head in America once again, as the latest U.S. Bureau of Labor Statistics’ Consumer Price Index (CPI) report indicated that inflation in June rose at the fastest pace in over 40 years. U.S. president Joe Biden has been in office for 18 months now, and media reports […]

I have been scammed by a YouTuber. My $4,000 worth of $ETH goes to the drain.

There is a Youtube channel running for quite some time. He is ripping people off. His Ethereum Exploit video Posted last month, already has been watched by over 117K people. I have reported his video to YouTube multiple times, but they are not removing it. Here is how this scam works: How a Crypto Scammer…
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There’s 5 Australian bitcoin buyers for every 1 Australian bitcoin seller 🇦🇺

submitted by /u/Far-Scholar9028 [link] [comments]

XRP Major Price Action Seen Enroute $0.5 In The Coming Days

XRP price has been sluggish for the longest time, even though XRP has grappled to set foot on $0.4 zone in which an upswing could push the price far reaching above $0.5 in the next few days. During the crypto crash in May, XRP was seen to lose its hold on $0.55 and have been under the pivotal support line ever since. Following that, the token has been still and hasn’t displayed any bullish movement halting any uptrend. Suggested Reading | Solana (SOL) To Hit $166 By 2025, Despite Current Bearish Conditions XRP Price Ascent Seen In The Coming Days Recent data show signs of a major uptick that will hoist the price of the token in the coming days. There is a massive amount of stagnant XRP token that are hauled which included a lot of primary active wallets that dislodged most of their XRPs.   Several analysts are confident – including Jed McCaleb, Ripple Co-Founder – that the crypto will soon find the stability it deserves. Right after McCaleb sold all of his XRP holdings, several dormant tokens moved which signal high volatility happening soon. More so, a lot of hodlers and whales have recently been active with the token which means that a price rally is in the offing. Whale Alert, a popular platform which monitors transfers over Twitter reported that roughly 375 million worth of XRP tokens are being shifted in the past 48 hours. The biggest chunk of tokens come from a single address bearing over 155 million tokens. With that being said, massive price action is set to happen soon. XRP total market cap at $17.5 billion on the weekly chart | Source: TradingView.com XRP Could Spike In Intensity, Volatility While its price appears to be currently dormant, it could increase in terms of intensity and volatility in the coming weeks. Over the past couple of days, XRP token performance showcased a lull in terms of buy and sell bids. However, in July 20, a huge spike in the transactions occurred. Suggested Reading | Cardano (ADA), After 35% Spike, Locks On Next Target: $0.55 More so, on the same day, there was also a sudden increase in stagnant tokens changing addresses as the consumption spiked to a tremendous high of 854.32 billion. This is the highest performance XRP has had since December 2020. July 12 marked the rise of XRP. But, in July 20, it formed a rising wedge pattern at which the token also suffered a massive decline in price. It was trading at $0.37 in July 20. The crypto currently has a bearish outlook but investor interest is stronger now more than ever. The token’s RSI is seen rising at around 55.66 as of this writing. With the stable spike in buying pressure or demand, XRP’s MFI or Money Flow Index appears to rise in the next 24 hours. Featured image from The Daily Hodl, chart from TradingView.com

Crypto bro gives $3K tip on $13 bill at Pennsylvania restaurant

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Why is the deficit of Bancor V3 so much worse than V2?

Bancor, as the star project of ICO in 2017, created a new era of AMM, but it was surpassed by the rising star of uniswap. Facing the competition of uniswap, Bancor tried to attract lost customers with impermanent loss protection. Bancor launched the V2 version with impermanent loss protection first time proposed, and then the…
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Latvian NFT artist faces 12 years in jail over ‘money laundering’, €8.7 million art earnings frozen

"A Latvian developer and artist identified as Ilya Borisov are facing up to 12 years in prison after authorities claimed that his non-fungible tokens earnings of €8.7 million are proceeds of money laundering and crime on a large scale. Through his website dubbed Art is Crime, Borisov detailed how the government had frozen his bank…
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