Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

What dex can I swap some UST to Eth with Metamask wallet?

Accidentally Terrabridged some UST to my eth address, now stuck because I don't have gas fees to bridge it back to Terra. Is there a DEX I can sell a little UST for gas, that will connect to my metamask wallet? submitted by /u/teperilloux [link] [comments]

China Designates 15 National Pilot Zones and 164 Entities for Blockchain Projects

The Chinese government has established 15 pilot zones and 164 entities for blockchain projects. “Projects will be carried out in various fields such as manufacturing, energy, government and tax services, law, education, health, trade and finance, and cross border finance.” China Establishes Blockchain Testing Zones Sixteen Chinese governmental bodies jointly announced Sunday a list of […]

‘Philly is ready’ for CityCoins says city council

The Philadelphia city government is enthusiastic about exploring a partnership with CityCoins to help boost its treasury with cryptocurrency.

In Huge Precedent, IRS Says It Will Not Tax Unsold, Staked Crypto

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Thailand Has Just Axed The 15% Tax On Crypto

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TA: Bitcoin Resumes Decline, Why Bulls Might Struggle In Near-term

Bitcoin failed to test the $40,000 resistance zone against the US Dollar. BTC is now declining and might slide towards the $36,000 support zone. Bitcoin started a fresh decline after it failed to clear the $39,250 resistance zone. The price is now trading below $38,000 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $37,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to decline towards the $36,000 support or even $35,500. Bitcoin Price Tops Below $40K Bitcoin price attempted a move towards the $40,000 resistance zone. However, BTC failed to gain pace above the $39,250 zone. A high was formed near $39,290 and the price started a fresh decline. There was a clear move below the $38,000 support level and the 100 hourly simple moving average. Besides, there was a break below a major bullish trend line with support near $37,500 on the hourly chart of the BTC/USD pair. The pair traded below the 76.4% Fib retracement level of the key move from the $36,665 swing low to $39,290 high. It is now showing a few bearish signs below the $37,000 level. On the upside, an initial resistance is near the $37,200 level. Source: BTCUSD on TradingView.com The first major resistance is near the $37,500 zone. The main hurdle is now forming near the $38,000 zone and the 100 hourly simple moving average (the recent breakdown zone). A clear move above the $38,000 resistance could start a fresh increase. In the stated case, the price could revisit the $39,250 level. More Losses in BTC? If bitcoin fails to start a fresh increase above $38,000, it could continue to move down. An immediate support on the downside is near the $36,650 zone. The first major support is seen near the $36,000 zone. It is near the 1.236 Fib extension level of the key move from the $36,665 swing low to $39,290 high. Any more losses might call for a move towards the $35,500 support zone in the near term. A downside break below the $35,500 support zone may perhaps call for a drop to $33,200. Technical indicators: Hourly MACD – The MACD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is well below the 50 level. Major Support Levels – $36,000, followed by $35,500. Major Resistance Levels – $37,500, $38,000 and $39,250.

Aussie billionaire sues Facebook over crypto scams with AG's consent

The Aussie businessman said that Facebook’s failure to remove the fraudulent ads featuring him and dozens of other high profile celebs was “criminally reckless.”

In Huge Precedent, IRS Says It Will Not Tax Unsold, Staked Crypto | Forbes

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Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax

Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get feedback … It is much more friendly to both investors and the industry,” said the CEO of a crypto exchange. Thailand’s New Crypto […]

Get the boosters ready for take off!

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