Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

How did hackers managed to breach the BAYC Discord servers once again?

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

What’s the best but right now? ETH or BTC?

I’m talking about the best buy on the average (0 to 5 years) and long term (5 to 10 years). The fact that Luna was based on ETH and still was able to crush is pretty scary though.. submitted by /u/Informal_Fishing5729 [link] [comments]

Lowering the Staking Requirements

I'm curious if there has been any talk about lowering the staking requirements fom 32 eth. I recognize that there are pooling options, however, the ability for someone to run their own validation node without relying on any other party is a big factor in my opinion. I know there is some vague idea that…
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3 reasons Ethereum price risks 25% downside in June

A mix of on-chain, fundamental, and technical factors suggests more pain for Ether bulls ahead.

A Newly Published Book Claims to Tell the ‘Real Story Behind Mysterious Bitcoin Creator’

During the last 13 years, a great number of individuals have claimed to be the inventor of Bitcoin, but no single person has been able to prove this to the greater crypto community. At the end of August 2019, a marketing and public relations (PR) agency published a press release that featured a man from […]

Etherscan (deposit?)

Hi, I was curious to know what does "method", "deposit" do? Is the funds being transferred elsewhere or being deposit as in staked somewhere? Thanks in advance! https://preview.redd.it/n1ahszh0mt391.jpg?width=111&format=pjpg&auto=webp&s=e98dc38b7a42fe080b50cdd880e50457e893a03d submitted by /u/Vuez [link] [comments]

I read the draft of Lummis Crypto bill, so you dont have to (and dont fall for FUD) – the bill seeks to legitimise most cryptos and even exclude ICOs from Securities Laws.

There has been some buzz around a new crypto bill that is set to be introduced on 7th. Some reports say it will classify most tokens as securities. So I decided to give it a read just to see what the bill contains… First of all, it is utter nonsense that the bill is a…
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Ethereum Loses $1800 Handle – Will Bear Market Pull ETH Down Deeper?

During the previous week, the price of Ethereum has stabilized between $2,000 and $1,700. Because of this, the ETH price remained largely unchanged compared to the last seven days and lost 2.5% of its value. While Bitcoin has fallen below the $29K range, Ether has lost its hold on the $1800 handle and is approaching the $1700 support level. In addition, ETH’s price behavior indicates a significant chance of adverse repercussions that might push the cryptocurrency’s value below $1700. If investors are unable to defend the crucial support at $1,700, ETH is more likely to drop to the next major level at $1,450, which is also its January 2018 all-time high. Suggested Reading | Bitcoin Seen Dropping To $22K As Bear Market May Linger For A While When a triangle is established, the price of the cryptocurrency will, on average, break away from the cluster once it has traversed approximately 70 percent of the triangle. Ethereum Bottom Still A Positive Sign Analysts believe Ether’s bottom may be between $1700 and $1800, noting that it’s a positive sign that the cryptocurrency’s local low is so close to its previous ATH because, according to Former Bitmex CEO Arthur Hayes, it indicates “a substantial amount of pain was felt.” Similar to Bitcoin, Ethereum’s price is determined by supply and demand on a global market. As demand exceeds supply and vice versa, the price of ether might fluctuate in the short-term. ETH has traditionally outperformed several traditional assets, like bond indices and major stocks, over the long term. ETH total market cap at $216.6 billion on the daily chart | Source: TradingView.com The market price of Ether has been declining since the $2800 support level was breached by sellers. In May, buyers found it difficult to maintain a market value above $2000. In April, the selling pressure surged tremendously. Bears Can Still Retain Control The current price of Ether is $1,792.50, representing a movement of 0.97 percent over the past 24 hours, Coingecko charts show. Recent Ethereum price activity has resulted in a market capitalization of $212.6 billion dollars. Ether appears weak going forward because it was unable to convert levels of resistance into support. Despite the rally at the end of May, buying pressure is waning, and this could empower bears to seize control. Suggested Reading | Bored Ape Yacht Club Plunges By 60% Last Month Hayes repeated his optimism that Ethereum might reach $10,000 by the end of the year, contingent on a resumption of the bull market, notwithstanding recent market turmoil. Meanwhile, on Friday Ethereum was mentioned in 273,530 of 1,876,360 tweets and Reddit posts. Approximately 157,690 unique persons are actively discussing Ethereum, placing it in second place in terms of the most mentions and activity from collated posts. Featured image from InvestorPlace, chart from TradingView.com