Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Fellow Ravencoiners, how are you all handling this latest correction?

I am chilling like a villain. Mining eth and exchanging for RVN. got me 900 Mh/s ethash firing on all cylinders getting me some sweet RVN every single day. submitted by /u/rtopete [link] [comments]

IOST Partners With Unic’s Institute for the Future to Empower Women in Blockchain

PRESS RELEASE. The partnership aims to support, promote, and inspire female leads in the blockchain space, offering annual endowed studentships to the University of Nicosia’s leading MSc in Blockchain and Digital Currency. NICOSIA, CYPRUS— December 2021. The Institute For the Future (IFF) – University of Nicosia (UNIC) and the Internet of Services Foundation (IOST) are […]

TA: Ethereum Breaks Key Support, Why Bulls Could Still Step In

Ethereum extended decline below the $3.850 support zone against the US Dollar. ETH price is consolidating and trading above the $3,700 support zone. Ethereum extended decline below the $3,850 and $3,800 support levels. The price is now trading below $4,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $3,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $3,850 resistance zone and the 100 hourly SMA. Ethereum Price Tumbles Ethereum struggled to gain pace above the $4,000 and $4,050 levels. ETH started a fresh decline and traded below the $3,850 support zone. There was a close below $4,000 and the 100 hourly simple moving average. The price even declined below the $3,700 support and traded as low as $3,665. It is now consolidating losses above the $3,700 level. An initial resistance is near the $3,800 level. It is near the 23.6% Fib retracement level of the recent decline from the $4,176 swing high to $3,665 low. There is also a key bearish trend line forming with resistance near $3,800 on the hourly chart of ETH/USD. The next major resistance is near the $3,920 level. It is close to the 50% Fib retracement level of the recent decline from the $4,176 swing high to $3,665 low. A close above the $3,920 level could stage a steady increase in the near term. In the stated case, the price might even surpass the $4,000 resistance in the near term. The next major resistance is near the $4,150 level. More Losses in ETH? If ethereum fails to start a fresh increase above the $3,920 level, it could extend its decline. An initial support on the downside is near the $3,700 level. The key support is now forming near the $3,660 level. If there is a clear break below the $3,660 support, the price could extend losses. The next major breakdown support is $3,550, below which the price could decline towards $3,200. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is below the 50 level. Major Support Level – $3,660 Major Resistance Level – $3,920

Algorand founder Silvio Micali predicts only 0.1% of the more than 15,000 cryptocurrencies will survive in the coming years.

In a recent interview with Argentinian news, Algorand founder Silvio Micali shared some interesting thoughts on the future of crypto. The amount of blockchains: “The world does not need 10 thousand blockchains. But I do not think this is a case in which the winner takes everything. It is always good to have alternatives and…
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The crypto market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.

A lot of people come to the crypto market to “get rich quickly”. And although it’s possible (if you buy and sell a meme coin at the right time) I would argue most people will not get that lucky. The good news is that much more people could make a lot of money in the…
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Kattana Is the All-in-One Trading Terminal Defi So Badly Needed

With Kattana, DeFi finally has a professional trading terminal that matches (and often exceeds) CEX ones. As long as DeFi existed, there has been a massive gap between the tools available to traditional traders on CEXs and outside of crypto vs. the very basic tools available to DeFi traders, often having to just take whatever price is being offered on Uniswap or other AMMs. But what trader wants to be limited by blunt instruments when the price of even a tiny delay can cost millions? The team behind Kattana knew this all too well, having already developed a successful CEX trading terminal. However, creating an effective one for DeFi presented a number of challenges, some of which seemed insurmountable. For starters, it’s hard enough to create an accurate terminal to trade on one blockchain — Kattana’s works on 6 (with more planned). Building anything cross-chain is very difficult, let alone having quick and effective trades cross-chain. Kattana built completely new infrastructure — from scratch — to make cross-chain trading quick, accurate, and secure. The best part about this new infrastructure is that it allows quick updates and massive scalability. The features that will now be possible to release are simply mind-bending. Kattana gives users the ability to trade in real-time on over 40 DEXs across multiple networks. Traders are getting 24 charts on one screen, 3 types of limit orders, an AI-powered news aggregator, data analysis and other innovative tools. Data accuracy is also difficult to achieve in a decentralized marketplace. To this end, Kattana has already 383 million trades on over 800,000 trading tickers. And it’s only ramping up: just on 3 blockchains, Kattana is recording 4-5k trading tickers daily. Kattana’s CEO, Ilya Demydonok, is well aware of the challenges: “Many told me that this was impossible, but our team put in crazy long hours and created a trading terminal not only as good as any CEX but even better.” Sometimes, something that looks easy and obvious is extremely hard to achieve in DeFi. Such is the case with limit orders the way traders are used to them on CEXs. Yet, Kattana’s engineers figured out a way to get them right and will implement proper limit orders into the next update. All these, hard to implement but necessary for traders features create the most powerful and seamless trading experience that finally brings DeFi trading to the pro level.    

SEC gets more interested in Crypto, Gary Gensler weighs in on the issue

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

Switzerland’s Largest Online Bank Swissquote to Launch Its Own Crypto Exchange

Switzerland’s largest online bank, Swissquote, is reportedly launching its own cryptocurrency trading platform. The company sees high demand for cryptocurrency trading. “Our compliance and customer service teams were almost overrun by the crypto rush.” Switzerland’s Largest Online Bank to Launch Its Own Cryptocurrency Trading Platform The largest online bank in Switzerland, Swissquote, is reportedly preparing […]