Category: Cryptocurrency News

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Wondering if there are any popular exchanges that accepts deposits/withdrawals of ETH or ERC20 tokens in L2 so that can be used to minimize fees. submitted by /u/tech267 [link] [comments]

Bitcoin failed to clear the $60,000 resistance zone against the US Dollar. BTC is moving lower, and it could extend losses towards $55,000 in the near term. Bitcoin struggled to recover above the $60,000 and $60,500 resistance levels. The price is now trading below $58,500 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $59,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is declining, and it seems like the bears are aiming more losses below $56,500. Bitcoin Price Turns Red Bitcoin price attempted a recovery wave above the $58,500 resistance zone. BTC spiked above the $60,000 zone, but there was no real bullish momentum. As a result, the price started a fresh decline below the $59,200 level. The price traded below the $58,500 support zone and the 100 hourly simple moving average. Besides, there was a break below a key bullish trend line with support near $59,200 on the hourly chart of the BTC/USD pair. Bitcoin traded below the 50% Fib retracement level of the upward wave from the $55,674 swing low to $60,050 high. It is now trading below $58,500 and the 100 hourly simple moving average. An immediate support is near the $57,350 level. It is close to the 61.8% Fib retracement level of the upward wave from the $55,674 swing low to $60,050 high. The first major support is now forming near the $56,500 level. A downside break below the $56,500 level could spark more losses. Source: BTCUSD on TradingView.com The main support is near the $55,500 and $55,000 levels. Any more losses may perhaps set the pace for a move towards the $52,000 support zone in the near term. Fresh Recovery In BTC? If bitcoin stays above the $56,500 support, it could start a fresh increase. On the upside, an initial resistance is near the $58,000 level. The first key resistance is near the $58,500 level and the 100 hourly simple moving average. The next major resistance sits near the $59,200 level, above which the price might rise towards the $60,000 level. Any more gains could lead the price towards the $61,200 level. 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 now below the 50 level. Major Support Levels – $56,500, followed by $55,500. Major Resistance Levels – $58,500, $59,200 and $60,000.

I was trying to swap V1 RPL for V2 with uniswap. Somehow (just off night shifts) I totally flubbed this. Now I can’t undo it. I tried to cancel unsuccessfully and then reset my wallet for a pending transaction using MetaMask. Now I have no idea how to undo this. Any suggestions? Contact MM? Uniswap?…
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A growing number of fund managers and institutional investors now prefer bitcoin over gold. They see the cryptocurrency as a better store of value and a better inflation hedge. “I think it’s probably going to be ten times better than gold over a long period of time,” said the founder of one asset management firm. […]

The Liberal Party Senator commented that DeFi “presents huge opportunities” for Australia to cement its place as a “front-runner for innovation.”

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My friends and I got together for drinks the other night. We all dabble in crypto somehow (I hodl, others do DeFi, play games etc.) so we got to thinking: what’s stopping crypto from going all out in mass adoption? Here’s what I remember us talking about: Obviously, shitcoins. Barrier of entry, since games like…
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