Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Crypto/NFT Investment Portfolio Tracker Template for Excel | Live Data & Calculations

Hello, This is a template I made to easily keep track of my investments. I've decided to share it for free as a give back to the community. ​ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬 ————- https://www.youtube.com/watch?v=gIlkqdGDb8s ​ 𝐇𝐨𝐰 𝐢𝐭 𝐰𝐨𝐫𝐤𝐬 (𝐆𝐮𝐢𝐝𝐞 𝐢𝐧𝐜𝐥𝐮𝐝𝐞𝐝) ——————————————- Portfolio’s Currency is selected. History is inputted either with a CSV file or manually (Transactions, Trades,…
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Tether’s circulating supply drops, raising new concerns about stablecoin backing.

Investors withdrew more than $9 billion from Tether as it briefly fell from the $1 peg, raising new questions about the reserves that underlie the world’s largest stablecoin. According to Coingecko data, the circulating supply of Tether has dropped from around $83 billion to $74 billion at press time. ​ Tether’s circulating supply drops, raising…
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Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus

Cloudflare, an internet services and DDoS protection company, has announced a new strategy regarding its Web3 experiments. The company revealed it will run Ethereum validator nodes as part of its commitment to help to scale the internet by using proof-of-stake (PoS) consensus technologies. This will ostensibly allow the company to access the energy efficiency and […]

TA: Bitcoin Eyes Fresh Increase But This Level Is The Key

Bitcoin is stable above the $29,600 support against the US Dollar. BTC must clear the $31,350 resistance to start a decent increase. Bitcoin is struggling to gain momentum above $30,500 and $30,600. The price is now trading near the $30,000 level and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $29,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if there is a close above the $31,350 resistance. Bitcoin Price Is Consolidating Bitcoin price found support near the $29,000 zone and started a fresh increase. There was a clear move above the $29,500 resistance zone and the 100 hourly simple moving average. The price climbed above the $30,000 resistance zone. There was a move above the 50% Fib retracement level of the last main decline from the $31,390 swing high to $29,060 low. However, the bulls struggled to stay in action above the $30,500 zone. It faced resistance near the $30,600 level and the 61.8% Fib retracement level of the last main decline from the $31,390 swing high to $29,060 low. Bitcoin is now trading near the $30,000 level and the 100 hourly simple moving average. There is also a key bullish trend line forming with support near $29,650 on the hourly chart of the BTC/USD pair. An immediate resistance is near the $30,600 level. Source: BTCUSD on TradingView.com The next major resistance is near the $31,350 level. A clear move above the $31,300 and $31,350 resistance levels might start a fresh increase in the near term. The next key resistance could be near the $32,000 level, above which the price might rise towards $33,200. Fresh Drop in BTC? If bitcoin fails to gain pace above the $30,600 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $29,650 level. The next major support is near the $29,150 level. A downside break and close below the $29,150 support might put pressure on the bulls. In the stated case, the price could decline towards the $28,000 level. Technical indicators: Hourly MACD – The MACD is now 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 – $29,650, followed by $29,150. Major Resistance Levels – $30,600, $31,350 and $32,000.

Analysts note parallels with March 2020: Will this time be different?

Analysts across crypto and traditional stocks have taken notice of the similarities between what happened in March 2020 and market moves so far this month.

German BaFin official calls for 'innovative' EU-wide DeFi regulation

Highlighting Germany’s crypto license as an example of attractive regulation, Birgit Rodolphe writes that similar frameworks should be the same throughout the EU to “prevent a fragmented market.”

DOJ Files First Criminal Complaint Against US Citizen Allegedly Using Cryptocurrency to Evade Sanctions

The Department of Justice (DOJ) has filed its first criminal complaint against an American who allegedly used cryptocurrency to circumvent U.S. sanctions. “The payments platform advertised its services as designed to evade U.S. sanctions, including through purportedly untraceable virtual currency transactions.” DOJ Charges US Citizen in Crypto Sanctions Evasion Case The U.S. Justice Department has […]

Ethereum’s popularity 'a double-edged sword’ — a16z's State of Crypto Report

“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated.

The amount of people who report hacked wallets is scary. What are your thoughts on it?

I've been using computers since I was a small kid and besides two credentials of mine being in certain leaks, I'm not aware of ever being hacked or having my passwords stolen. ​ However, I see here and elsewhere that people look into their crypto wallets and see "everything is gone" so often that I…
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Forking Optimism L2, having several L2 forks to increase capacity

I noticed Metis Network is just a fork of Optimism L2. Looked at Optimism’s Github and glanced at the instructions, deploying your own L2 fork seems simple enough. Some brainstorming later, it seems like having a wallet that would make bridging assets between L2 networks would be a major milestone. When dapps start deploying their…
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