Category: Cryptocurrency News

Major Bitcoin miners have set up shop in a former aluminium smelting plant in the small Texan town of Rockdale.

Is there a central list of nodes somewhere? If not, how do nodes know how to talk to each other? submitted by /u/richsonreddit [link] [comments]

I took some profits after being up a bit and it really came at an opportune time in my life , I’m a firm believer on that “things happen for a reason “ But I was more anxious and uptight at selling than I was buying. I mean it doesn’t make sense; I buy and…
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Curious if one generally has a higher APY or is a more stable source of income compared the other, and what are the pros and cons of each. submitted by /u/ImSandwich [link] [comments]

A warning by Tesla and Spacex CEO Elon Musk about the mounting national debt in the U.S., government spending, and the proposal to tax unrealized capital gains has highlighted the benefits of cryptocurrencies, particularly bitcoin. Elon Musk Says ‘Spending Is the Real Problem’ Tesla CEO Elon Musk made several tweets about the U.S. national debt […]

Bitcoin price failed to stay above the $62,000 support against the US Dollar. BTC could decline heavily if it breaks the $60,000 support zone in the near term. Bitcoin failed to surpass $62,500 and started a fresh decline. The price is now trading below $62,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $61,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate lower if there is a clear break below $60,000. Bitcoin Price Faces Resistance Bitcoin price attempted an upside break above the $62,500 resistance level. However, BTC failed to gain strength above $62,500. A high was formed near $62,950 and started a fresh decline. There was a clear break below the $61,200 and $61,000 support levels. There was also a break below a key bullish trend line with support near $61,500 on the hourly chart of the BTC/USD pair. It is now trading below $62,000 and the 100 hourly simple moving average. The pair even spiked below the 50% Fib retracement level of the upward move from the $58,140 swing low to $62,950 high. On the upside, an immediate resistance is near the $61,000 level. Source: BTCUSD on TradingView.com The first major resistance is near the $61,200 level and the 100 hourly SMA. A clear break above $61,200 resistance may possibly call open the doors for a move towards the $62,000 level. The next major resistance sits near the $62,500 level. A close above $62,500 might start a steady increase. More Losses In BTC? If bitcoin fails to clear the $62,000 resistance zone, it could extend its decline. An immediate support on the downside is near the $60,200 level. The first major support is now forming near the $60,000 level. It is near the 61.8% Fib retracement level of the upward move from the $58,140 swing low to $62,950 high. A break below the $60,000 support may possibly spark a sharp decline. The next key support is near the $58,500 level. Any more losses might call for a move towards the $55,000 level. Technical indicators: Hourly MACD – The MACD is slowly 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 – $60,200, followed by $60,000. Major Resistance Levels – $61,200, $62,000 and $62,500.

Don’t get me wrong, I do not plan to short ethereum or any other crypto. I would like to know if shorting in crypto is the same as shorting in the stock market. In the stock market, when you short your loss potential is infinite ♾. However, in crypto can you lose more than you…
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submitted by /u/huevos_de_acero [link] [comments]

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

Hi there, I'm stumped on an issue and could use some help in case anyone knows how to troubleshoot: I'm trying to buy a .eth domain on the ENS app. I have enough ETH in my Metamask wallet to cover the txn + gas. The Metamask wallet address that is connecting to ENS is an…
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