Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

dApps. Developer Update:

feels like there are more investors and devs here than there are users. We dont even do auth services for our apps, we just assume there is no one using them. We never do code reviews, no one knows anything anyway. We never waste time on app architecture, everyone says what tech they wanna use…
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Facebook Owner Meta Files Trademark Applications for ‘Meta Pay’ Covering Crypto Services

Meta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay.” The filings cover a wide range of cryptocurrency services. The company is renaming Facebook Pay to Meta Pay. Trademark Applications for Meta Pay Meta Platforms Inc., formerly Facebook, filed five trademark applications for “Meta Pay” with the United States Patent and Trademark […]

Stake or DApp? With liquid staking, you don’t have to choose

Implementation of liquid staking addresses worrisome price fluctuations and helps users to generate higher rewards by combining staking payouts and DApp yield.

Bitcoin Will Be Taught in 40 Argentine High Schools – The BTC Times

submitted by /u/Acceptable-Sort-8429 [link] [comments]

Ethereum Could Tank Further; Here’s What The Charts Say

The bear market has been quite harsh to all major altcoins including Ethereum. Over the past 24 hours ago, the coin dipped by 4%. In the last week however, Ethereum tried to stage a recovery. The bears continued to drag prices down despite that. Buyers of Ethereum have tried to remain calm throughout most of the downswing. The consistent push by the bears have caused the altcoin to experience less to almost no recovery. The technical of the coin  also pointed towards further fall in price before Ethereum starts to rise on the chart again. In the recent developmental front, the altcoin has announced for its possible merge to happen in the month of August this year. It is to be seen if the altcoin’s price reacts positively to this news. A likeliness of a trend reversal cannot be ruled out as the chart below depicts it. Ethereum Price Analysis: One Day Chart Ethereum was exchanging hands at $1900 at the time of writing. Continued fall below the current price level would cause the coin to trade at $1700. If buyers continue to remain scanty the coin could note a further 30% downfall and trade near $1200. On the flipside the coin can trade above the $2000 mark slightly and then attempt to trade above the $2200 mark. The volume of Ethereum traded was still seen in red because bearish pressure had not declined in the market. Technical Analysis A chance of a possible downswing cannot be ruled out because the one day chart depicted at death cross. A death cross occurs when the short term moving average is below the long term moving average. On the SMA, 20-SMA was seen below the 50-SMA indicating weakness of ETH’s price in the market. ETH’s price was below the 20-SMA line because sellers were driving the price momentum in the market. The Relative Strength Index was also weak in accordance with other techincals. RSI was below the zero-line, just above the 20-mark. This reading meant sellers preceded the number of buyers heavily at the time of writing. Moving Average Convergence Divergence depicts the price momentum of the market. MACD flashed red histograms beneath the zero-line which indicated a continued bearish price action for the coin. Awesome Oscillator also demonstrated green histograms below the half-line, in accordance with the MACD. AO flashing histograms below the half-line indicated a sell signal for Ethereum. Related Reading | Exchange Inflows Rock Bitcoin, Ethereum As Market Struggles To Recover Possibility Of A Price Reversal? Ethereum formed a falling wedge pattern on the one day chart. A falling wedge pattern in associated with a change in current price action or a trend reversal. At the moment Ethereum was on a bearish price momentum. As falling wedge pattern was formed chance of the coin rebounding cannot be ignored. In case of a northbound movement, first resistance was at $2093 and then at $2200 respectively. For the bearish stance to be invalidated, Ethereum needs to trade above the $2900 mark. Related Reading | Ethereum Prepares For Ropsten Testnet Merge As Token Struggles To Hold $2k Support Featured image from UnSplash, Charts from TradingView.com

G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation

The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST. G7 Countries Calling for Swift, Comprehensive Regulation of Crypto Assets The finance ministers and central bank governors from the […]

Daily Discussion – May 21, 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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Brave surpasses 1.5m registered content creators!

This is a pretty big milestone for brave. There are now 1.5m content creators that are now registered to receive BAT tips on reddit,twitch,youtube,twitter,github,vimeo and personal websites from the 56m brave users. Some of the top creators include Mr.Beast, Vice, wikipedia, the washington post etc. Braves growth is getting pretty hard to ignore at this…
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