Category: Cryptocurrency News

submitted by /u/DoubleFaulty1 [link] [comments]

The Bitcoin mining company plans to expand its fleet of mining devices comes on the back of staff lay-offs and executive salary cuts just weeks before.

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

So I've been looking into this for a while now and talked to a few lawyers. Keep in mind I'm in the USA, so the laws in your area should be looked at (EVEN WITHIN THE USA SINCE LAWS CAN CHANGE). Exchanges (Beneficiary) Not all exchanges allows for this yet, but the ones that do…
Read more

Former-LUNAtic Mike Novogratz has told crypto investors that the insane returns seen in the crypto space are simply unsustainable.

Zelis CTO Kali Durgampudi has called on health care providers to utilize blockchain tech to protect customer data and stave off attacks from cybercriminals.

There has been an increase in employee crypto payments for the first half of this year despite the market crash, according to Deel.

Ethereum remained well bid above the $1,465 level against the US Dollar. ETH could start a fresh surge if there is a close above the $1,600 resistance. Ethereum corrected lower but the bulls were active near the $1,465 zone. The price is now trading above $1,500 and the 100 hourly simple moving average. There is a crucial bullish trend line forming with support near $1,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh surge if there is a clear move above the $1,600 zone. Ethereum Price Remains Supported Ethereum started a downside correction below the $1,550 level. ETH even traded below the $1,500 support level but the bulls were active near a major support. It tested the $1,465 zone and the 100 hourly simple moving average. There is also a crucial bullish trend line forming with support near $1,520 on the hourly chart of ETH/USD. The pair stayed above the key $1,465 support zone and started another increase. Ether price climbed above the $1,550 resistance zone. There was a move above the 50% Fib retracement level of the downside correction from the $1,622 swing high to $1,464 low. The price is now trading above $1,500 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $1,585 level. It is near the 76.4% Fib retracement level of the downside correction from the $1,622 swing high to $1,464 low. Source: ETHUSD on TradingView.com The first major resistance is near the $1,600 zone. The main breakout zone is now forming near the $1,620 zone. A clear move above the $1,620 level could start another major increase. The next key barrier is near the $1,700 level, above which the price might rise towards the $1,800 resistance zone. More Losses in ETH? If ethereum fails to rise above the $1,585 resistance, it could continue to move down. An initial support on the downside is near the $1,520 zone and the trend line. A clear move below the trend line support might push the price towards the $1,465 support zone. Any more losses might even push ether price to the $1,375 support. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $1,465 Major Resistance Level – $1,585

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

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