Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Nigerian Blockchain and Crypto Association Introduces a Code of Conduct for VASPs

The Nigerian blockchain and crypto advocacy group, the Stakeholders in Blockchain Technology Association in Nigeria (SIBAN) recently announced the introduction of a code of conduct for Nigerian virtual assets service providers. The code of conduct, which was initiated by the office of the President of Nigeria, applies to all Nigerian VASPs. Making the Nigerian Blockchain […]

How can we take crypto market seriously when a shitcoin like TRON is the top 15?

Sol is in the top 10, Tron is the top 15, SHIB is in the top 20 and to be honest at the current stage, 99% of coins in the market has no real utility or intrinsic value. What they can do is swapping a shitcoin for another shitcoin or staking to gain more shitcoins.…
Read more

Celsius Network lost at least 35.000 Ether in Stakehound key blunder

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

Celsius is functionally insolvent on their ETH position: Analysis

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

BTC price snaps its longest losing streak in history — 5 things to know in Bitcoin this week

The longest weekly losing streak in Bitcoin history is finally broken, but the mood among analysts is anything but unanimously bullish.

Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam

Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s Latam General Manager, stated that countries like Argentina, where Bitfarms is currency building a bitcoin mega-mining center, were a very good destiny […]

USDD misleading collateral

TRON is intentionally misleading investors into thinking that their algorithm stablecoin is more safe than UST. As of 6 June 2022, there is 667,521,101 USDD in circulation which TRON claims is overcollateralized at 220%, meaning that there is USD 1,473 mil of collateral. Source: https://tdr.org/#/ Let us take a look at the breakdown of this…
Read more

DeFi community rallies behind PoolTogether to hit $1.4M NFT defense funding target

“Don’t have a lot of words right now. Blown away by how the community has rallied around PoolTogether Inc and myself,” said PoolTogether co-founder Leighton Cusack.

TA: Ethereum Bulls Keeps Pushing, Why ETH Could Rise Steadily

Ethereum found support near $1,735 and corrected higher against the US Dollar. ETH is now facing a major resistance near $1,885 and $1,920. Ethereum is slowly moving higher and trading above $1,850. The price is now trading above $1,860 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,840 on the hourly chart of ETH/USD (data feed via Kraken). The pair might rise steadily if there is a clear move above the $1,920 resistance zone. Ethereum Price Climbs Higher Ethereum spiked below the $1,760 support zone. However, ETH remained well bid above the $1,720 level. A low was formed near the $1,734 and the price started a fresh increase. There was a clear move above the $1,800 and $1,820 levels. Besides, there was a break above a major bearish trend line with resistance near $1,840 on the hourly chart of ETH/USD. Ether price is now trading above $1,860 and the 100 hourly simple moving average. It is now attempting a move above the 50% Fib retracement level of the downward move from the $2,015 swing high to $1,734 low. On the upside, an initial resistance is near the $1,885 level. Source: ETHUSD on TradingView.com The next major resistance is near the $1,910 and $1,920 levels. It is near the 61.8% Fib retracement level of the downward move from the $2,015 swing high to $1,734 low. A clear move above the $1,920 resistance might start a decent increase. In the stated case, the price could revisit $2,000. Any more gains might set the pace for a larger increase, may be towards $2,120. Dips Limited in ETH? If ethereum fails to rise above the $1,920 resistance, it could a downside correction. An initial support on the downside is near the $1,840 zone and the broken trend line. The next major support is near the $1,800 level and the 100 hourly simple moving average. A clear move below the $1,800 level might spark a major decline. The next major support might be $1,760. Any more losses could send the price towards the $1,735 level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now in the overbought zone. Major Support Level – $1,800 Major Resistance Level – $1,920

Looking for a wallet like Electron for Linux

Hello, I am looking for a an "offline" wallet very similar to the bitcoin wallet Electron. It should be open source, activity managed, and a simple desktop app that can send and receive coin, and do practically nothing else. I would rather not have an exchange integrated but that is not the end of the…
Read more