Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

A message to all new comers in the market. DON’T do your due diligence off of YouTube.

Yes, there is a small number of channels with actual good opinions on crypto but these are a rarity and most probably don’t have a video for every single project you’d like to research about. ​ 99% of crypto YouTubers are either paid to promote or try to pump their bags with no regards whatsoever…
Read more

5 blocks hit solo mining TODAY with ~110MH/s??? The graphs all say the same, wtf

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

Law Decoded: First-mover advantage in a CBDC conversation, Jan. 10–17

Strong framing move by U.S. Representative Tom Emmer and a looming threat of another crypto ban in Asia: a digest of last week’s top crypto policy stories is here.

Bitcoin price drops below $42K, but analysts still expect ‘one more impulse’ move

BTC price is back in a free fall as the price drops to $41,600, but analysts are still holding out for “one more upward impulse” move.

EMAX- BONDING

submitted by /u/Sure-Juggernaut4781 [link] [comments]

ADALend: A New Perspective On Native Cardano DeFi From the Eyes of ADALend’s CEO

A scalable, trustless, and decentralized lending protocol called ADALend is being developed to allow users to operate in a self-governed environment. They made a commitment from the beginning to build natively on the Cardano blockchain, which will allow the lending platform to aggregate protocols that support business models that provide economic support to billions of […]

Cardano Hits Bottom? What You Should Consider Before Rushing Into ADA

Cardano managed to enter the top 5 cryptocurrencies by market cap and take the number 4 position, not including USDT. The cryptocurrency has seen important appreciation in 24 hours (5%) and during the past week (25%) following an explosion in its ecosystem. Related Reading | Cardano’s Ecosystem Explodes, Why ADA Could Be Quick To Resume Bullish Trend As of press time, ADA trades at $1.47 as it bounces up its lows in the 4-hour chart. Cardano was heavily impacted by recent months price action in the crypto market. After reaching an all-time high north of $2,20, the cryptocurrency lagged and dipped back into its critical support zone just above $1. Economist Michaël van de Poppe believes ADA has begun an upward trend after bouncing back from the lows with continuation but could yet present a buying opportunity. The analyst has been bullish on ADA for a while and believes $1 will remain critical support. As seen below, Cardano (ADA) has constantly bounce back from these levels on every major dropped including March and July 2021 when the entire crypto market saw a crash of over 50%. At the moment, ADA’s price approaches resistance near $1.53 and could yet give traders an opportunity to take a long position. Van de Poppe claimed the following on Cardano’s potential future price action: If you want to get into Cardano and you didn’t really get the chance you were looking for (…). In that case, we are looking at long entries at the lower boundaries so around $1.3. We are looking at support here on a daily timeframe. On lower timeframes, van de Poppe believes traders shouldn’t be chasing positions, but $1.41 could provide an “aggressive” opportunity to take a long. In that sense, Cardano must break above $1.55 to continue its bullish momentum. Cardano Experiences Ecosystem Explosion Even if ADA manages to break above the aforementioned resistance, the price could form a consolidation zone above those levels which could present a more efficient opportunity to take a long position. Should Cardano sustain those levels, its price could start targeting former highs at around $2 and $2.33. Although Cardano has been trading with more strength than some of the other cryptocurrencies in the market, Bitcoin must maintain its current levels or trend upside to prevent ADA for re-testing its support levels. At the moment, Bitcoin seems to be leaning for more downside for the short term. ADA’s recent bullish price action seems to have been driven due to a growth in the number of projects building on the network. As NewsBTC reported a week ago, there are currently over 200 projects leveraging the network smart contract capabilities. Related Reading | Cardano Set To Enter The Babbage Era After Alonzo HFC Milestone

EIP-3668: CCIP Read: Secure offchain data retrieval with Nick Johnson

EIP-3668: CCIP Read: Secure offchain data retrieval with Nick Johnson Follow the recording for an overview & demo presented on EIP-3668 by Nick Johnson on PEEPanEIP with Ethereum Cat Herders. EIP-3668: CCIP Read is in "Last Call" with deadline ending on Jan 24. Should you have any thoughts, questions on the proposal, share it with…
Read more

Mining Ravencoin on PS3

I was wandering, can you install linux on ps3 and mine ravencoin efficiently? submitted by /u/Porzeraklon [link] [comments]

Remember the ‘evidence’ that the market is going to dip significantly soon is the same ‘evidence’ that predicted BTC $100k for 2021

Title says it all, for all you new investors that are probably holding portfolios in the red right now and are worried about continuing to DCA into your coins because there are people claiming that 'the markets are absolutely going to crash' were probably the same people that predicted that BTC will absolutely hit $100k…
Read more