Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

ETH Space Shuttle [Filip Hodas]

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

Analyst says $42K must hold to keep Bitcoin price from sweeping its swing low

Bitcoin needs to hold $42,000 or it risks sliding as low as $32,000, according to crypto trader Eric Krown.

Whats Your Minimum Payout Set To – Should I do Larger payouts?

Just what the title says I mean its pretty simple since there's a fee involved; I prolly want to increase my payout to experience less fees orrrr? I know I sound dumb lol but thanks for any help or info in advance My current payout is set to 10 – with Flypool submitted by…
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Why Stablecoin Regulation or Banning Doesn’t Matter…

It is important to have a complete picture of stablecoins and their continued innovation to understand why regulation will have no effect and not change what is inevitably going to happen, a complete replacement of centralized fiat currency. We’ll cover the uses of stablecoins, legacy banking (business model and asset erosion), how stablecoins work, the…
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ETH Lending (Staking)

It would be nice to have a discussion on ETH lending options. In the case one has ETH and don't wanted them locked until The Merge, but neither want to miss out on interrests by having them in a cold wallet, lending is an option. Crypto.com has a flexible EARN service. Anyone other places that…
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Former Ethereum Developer Griffith Pleads Guilty To Violating U.S. Sanctions

American programmer and developer Virgil Griffith pleaded guilty today to violating U.S. sanctions law. Griffith created Wikipedia indexing tool WikiScanner, co-designed the Tor2web proxy, and was a senior research scientist with the Ethereum Foundation who at one point led special projects for the platform. The North Korean Crypto Conference A federal grand jury convened by the U.S. Attorney’s office in the Southern District of New York alleged that Griffith conspired to allege the International Emergency Economic Powers Act. Griffith was set to go on trial today, but instead changed his plea to guilty to the lone charge. Prior to shifting his plea, he was facing up to 20 years in prison. He will be sentenced in January 2022, and reports state that the plea deal could conclude with somewhere between 63 and 78 months of prison time. The maximum sentence even with the plea deal, however, is still north of 6 years. Griffith was arrested in November 2019 after allegedly speaking on blockchain and cryptocurrency in North Korea earlier that year. The U.S. Attorney’s office alleged that during that talk, he “provided highly technical information” that he knew “could be used to help North Korea launder money and evade sanctions.” The event was a “Pyongyang Blockchain and Cryptocurrency Conference” in April 2019, according to the Department of Justice press release. Griffith was released on bail last year, however he was jailed after attempting to access his Coinbase account to pay attorneys this year. Prosecutors stated that this move was a violation of the terms of his bail conditions. After looking to nearly break back above $4,000, ETH has dipped back into the low $3,000s. | Source: ETH-USD on TradingView.com Related Reading | JPMorgan Analysts Say That Big Money Are Dumping Bitcoin For Ethereum International Emergency Economic Powers Act (IEEPA) Despite not residing in the U.S., Griffith was a U.S. citizen and thus subject to the IEEPA charges. Journalist and author Ethan Lou, who was with Virgil Griffith in North Korea, was at the courthouse today and tweeted developments. As Lou aptly notes, since Griffith only faced “conspiracy to violate” the IEEPA and that actually helping North Korea was not vital to find him guilty. Accordingly, says Lou, “the prosecution does not need to prove any tangible results of any specific action.” The IEEPA states that U.S. persons are “prohibited from exporting any goods, services, or technology to the DPRK without a license”. The bar to find Griffith guilty was undoubtedly quite low. Following Griffith’s plea shift, Lou noted that he was “quite emotional” and that it was “unclear what new development caused this guilty plea,” adding that “one possible reason is the barring of the remote testimony of an Ethereum Foundation lawyer.” The two-year back and forth between the U.S. Attorney’s office and Virgil’s representatives finally comes to a close. Related Reading | 2.1 Million Salvadorans Actively Using Chivo Wallet, El Salvador’s President Claims Featured image from Pixabay, Charts from TradingView.com

Anyone else feel like crypto is there ONLY CHANCE?

I have worked my butt off most my life and don’t have much to show for it, injuries and illness have taken there toll and bad choices didn’t help achieve most goals . My paycheques cover my bills but don’t really offer much in the means of security ,and when I’ve had an injury or…
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Stereum – Ethereum Node Setup – Update “1.7”

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

Bearish Bitcoin fractal with 78% success rate flashes as BTC drops below $43.5K

The flagship cryptocurrency closed the previous week below its 21-week exponential moving average for the 19th time in history, triggering additional selloff risks.