Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Argentina’s central bank steps in to block new crypto offerings from banks

Only four days have passed since two of Argentina’s biggest banks opened up to crypto trading but now the central bank has stepped in to block the offerings.

Ice Cube backs DOGE and an 'incredible and historical' transaction

Ice Cube said he is down with the “DogeArmy” after Bill Lee bought $625,000 worth of NFTs tied to the rappers’ BIG3 basketball league in DOGE.

Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving

On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network issuing over 19 million […]

Senator's Financial Freedom Act would ensure Bitcoin can be in your 401(k)

The bill is a response from the Alabama Senator to Senator Warren and the Department of Labor’s bid to block Bitcoin investments in self-directed 401(k) investment plans.

Why Won’t Anyone Take My Money?

Tax season's wrapped up and I'm ready to stick my money in some crypto. Problem is, no exchange seems to want my money. Usually I use coinbase, but my account has been frozen for a few months because my driver's license (State ID) expired and I have no way to renew it because I live…
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TA: Bitcoin Price Breakdown Looks Real, Why BTC Could Dive Below $35K

Bitcoin started a strong decline from the $40,000 resistance against the US Dollar. BTC broke the key $37,500 support to move into a bearish zone. Bitcoin started a strong decline below the $37,500 and $36,500 levels. The price is now trading below $37,500 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $39,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might accelerate further lower below the $35,000 support zone in the near term. Bitcoin Price Dives 8% Bitcoin price struggled to clear the $40,000 resistance zone. BTC formed a high near $40,029 and started a fresh decline. There was a major drop below the $38,500 and $38,000 levels. There was a break below a key bullish trend line with support near $39,250 on the hourly chart of the BTC/USD pair. The pair even declined below the key $37,500 support and settled below the 100 hourly simple moving average. Finally, it tested the $35,500 zone and traded as low as $35,407. It is now consolidating losses near the $36,200 level. On the upside, bitcoin price is now facing resistance near the $36,500 level. The 23.6% Fib retracement level of the downward move from the $40,029 swing high to $35,407 low is also near the $36,500 zone. The next key resistance could be near the recent breakdown zone at $37,500, where the bears might take a stand. Source: BTCUSD on TradingView.com The 50% Fib retracement level of the downward move from the $40,029 swing high to $35,407 low is also near the $37,500 zone. To start a fresh increase, the price must settle above the $37,500 level. More Losses in BTC? If bitcoin fails to clear the $36,500 resistance zone, it could continue to move down. An immediate support on the downside is near the $36,000 level. The next major support is seen near the $35,500 level or the recent low. A downside break below the $35,500 support might spark another sharp decline. The next major support could be $34,200. 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 in the oversold zone. Major Support Levels – $36,000, followed by $35,500. Major Resistance Levels – $36,500, $37,200 and $37,500.

Found some crypto dust today. Seed phrase for the win!

I recently moved to CA from FL to try to work on some movie stuff. I’ve just been scraping by, living in my car (its not that bad). I have my lifesavings in GME and will never sell that, but was on my old laptop messing around, and I realized I had an old METAMASK…
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Hop Protocol reveals details of Hop DAO and Optimism-style airdrop

Cross-chain bridging protocol, Hop has launched Hop DAO, its community-owned governance structure that will see early users airdropped 8% of all HOP tokens.

Coffezilla Does it again. And this time is CRO.

Just watched the latest Coffezilla video (been following him for over 2 years now, love his content) about Crypto.com. If you haven't seen the video he talks about all the money Crypto.com is spending on advertisement and how they slashed the rates on their cards. Oh and how their CEO is pretty much trash. I'm…
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Daily Discussion – May 6, 2022 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer and rules before participating.   Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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