Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

World Bank won’t support Central African Republic’s Sango crypto hub

The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin.

TA: Ethereum Struggles Below $2K, Why Bears Remain In Action

Ethereum struggled to gain pace above the $2,000 resistance against the US Dollar. ETH is declining, but it is still above the key $1,920 support zone. Ethereum is showing a few bearish signs below the $2,000 barrier. The price is now trading below $2,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,970 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline sharply if there is a clear move below the $1,920 support zone. Ethereum Price Settles Below $2K Ethereum climbed above the $1,950 resistance and the 100 hourly simple moving average. However, the bears protected major gains above the key $2,000 zone. The price started a fresh decline from the $2,020 swing high. There was a clear move below the $1,980 level and $1,950. Ether is now trading below $2,000 and the 100 hourly simple moving average. A low is formed near $1,931 and the price is now consolidating losses. On the upside, an initial resistance is near the $1,950 level. It is near the 23.6% Fib retracement level of the recent decline from the $2,020 swing high to $1,931 low. The next major resistance is near the $1,970 level. There is also a major bearish trend line forming with resistance near $1,970 on the hourly chart of ETH/USD. The trend line is near the 50% Fib retracement level of the recent decline from the $2,020 swing high to $1,931 low. Source: ETHUSD on TradingView.com The main resistance is now forming near the $2,000 level. A close above the $2,000 level could open the doors for a steady increase. In the stated case, ether price could rise towards the $2,085 resistance zone. Any more gains may perhaps send it towards the key $2,200 resistance zone. More Losses in ETH? If ethereum fails to recover above the $2,000 resistance, it could continue to move down. An initial support on the downside is near the $1,930 zone. The next major support is near the $1,920 level. A downside break below the $1,920 level might call for a sharp decline. In the stated case, the price could dive towards the $1,850 level. Any more losses may perhaps call for a move to $1,800. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,920 Major Resistance Level – $2,000

How to get an alert when there is activity on a smart contract?

I would like to track some smart contracts and get alerts when the mint functions are called. Any idea if etherscan has this functionality built in? submitted by /u/bangatard [link] [comments]

Do Kwon is a shame

So Terra Community has approved Do Kwon’s Plans to Revive the Project. It is people like him who gives a bad reputation to cryptocurrency. As long as we have such people in our community forget about fast adoption of crypto. Look at his past statements and comments. Such an ignorant and arrogant brat. Someone needs…
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With the merge coming, how big of an issue are staking pools like Lido?

From posts I'm reading, Lido has 1/3 of all staked ETH. Is this going to be an issue? With people holding less than 32Eth clearly wanting a piece of the staking pie, they're all going to flock to staking pools. And they're all going to flock to big names and pools with a reputation, usually…
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ESG Study Shows Bitcoin Mining’s Potential to Eliminate 0.15% of Global Warming by 2045, Claims No Other Technology Can Do Better

In recent times, the impact of bitcoin mining on the environment has been a topical discussion as climate change activists believe proof-of-work (PoW) mining is too energy-intensive. However, a recent report written by the ESG analyst Daniel Batten explains that bitcoin mining could eliminate the world’s carbon emissions by 5.32%. Batten’s study notes that if […]

The future is bright for crypto and I’ll tell you why

Ever wonder if crypto is actually the future? If anyone will care in 5 years? Well I have good news for you. Context, I’m an elementary school teacher and am fresh out of teacher’s college which means I start as a substitute. I was teaching a grade 5/6 class today and I heard them talking…
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Ens domains and how they work.

Hey! I recently got a couple of ens names and I have one primary one set. My question is: what happens if someone’s uses another ens name I have and sends something to it? Will all ens names directly just link to me even if it isn’t sent to my primary ens name? I’m quite…
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TA: Bitcoin Price Remains In Range, Why The Bulls Need To Take Control

Bitcoin retested the key $28,500 support zone against the US Dollar. BTC is rising and the bulls might aim a clear move above the $30,600 resistance. Bitcoin is trading in a major range below the $30,600 resistance zone. The price is now trading near the $29,800 level and the 100 hourly simple moving average. There is a crucial bearish trend line forming with resistance near $29,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain pace if there is a clear move above the key $30,600 resistance zone. Bitcoin Price Remains Supported Bitcoin price remained well bid above the $28,500 support zone. There was a fresh increase initiated from the $28,635 swing low and the price climbed above $29,000. There was a break above the $29,500 resistance zone and the 100 hourly simple moving average. The price even climbed above the $30,000 level, but there was no upside continuation. A high was formed near $30,188 and the price is now consolidating gains. Bitcoin is trading near the $29,800 level and the 100 hourly simple moving average. There was already a test of the 50% Fib retracement level of the upward move from the $28,635 swing low to $30,188 high. An immediate resistance on the upside is near the $29,950 level. There is also a crucial bearish trend line forming with resistance near $29,950 on the hourly chart of the BTC/USD pair. The next major resistance is near the $30,180 level. Source: BTCUSD on TradingView.com The main resistance is still near the $30,600 zone. A clear move above the $30,600 resistance level might start a strong increase. In the stated case, the price may perhaps clear the $31,200 resistance zone. Fresh Decline in BTC? If bitcoin fails to clear the $30,180 resistance zone, it could start another decline. An immediate support on the downside is near the $29,400 level. The first major support is near the $29,250 level. It is near the 61.8% Fib retracement level of the upward move from the $28,635 swing low to $30,188 high. A downside break below the $29,250 support might send the price further lower. The main support is still near the $28,500 level. Technical indicators: Hourly MACD – The MACD is slowly gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $29,400, followed by $29,250. Major Resistance Levels – $29,950, $30,180 and $30,600.

Ethereum Beacon Chain experiences 7 block reorg: What's going on?

“This reorg is not an indicator of a flawed fork choice, but a non-trivial segmentation of updated vs out of date client software” suggested Core Ethereum developer Preston Van Loon.