Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

SHIB plummets 20% as Elon Musk reveals he owns none

SHIB quickly crashed 20% as Tesla CEO and dog-token proselytizer Elon Musk announced he owns none of the canine-themed coins.

Will ethereum keep rising

Might fuck around and sell idk submitted by /u/SocalxFresh [link] [comments]

Equality and smart contracts

Recently I was listening Lex Friedman podcast with Sergey Nazarov (episode itself released 5months ago) and they went into how smart contracts on blockchain would help regular people if their country is corrupt unreliable, has no services etc. One example they discussed was insurance for crops, how it would be more accessible if only options…
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I have lots of specific questions about NFTs regarding a project I’ve been working on and I’m having trouble finding the right community to discuss them in.

This project exists largely to give myself a directed way to learn more about the culture and technology around NFTs and blockchain so any tidbits help, but here's the full story of the project in the off chance this is the place I should be: It's a conceptual art project called HyperGrowth: Generative by Nature…
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Nigerian President Muhammadu Buhari to Unveil Country’s CBDC

The Nigerian President, Muhammadu Buhari, is expected to formally launch the country’s central bank digital currency (CBDC) on October 25, 2021. High-Level Endorsement of the CBDC According to a statement released by the Central Bank of Nigeria (CBN), the formal event marking the e-naira’s launch will be held at the Buhari’s official residence. After the […]

Many Indian expats turn to crypto to send money back home as banks become expensive

submitted by /u/Many_Scratch2269 [link] [comments]

TA: Bitcoin Price Faces Hurdle, Why 100 SMA Is The Key

Bitcoin price corrected lower and tested $59,500 against the US Dollar. BTC is recovering losses, but upsides might be capped above $63,250 in the near term. Bitcoin declined below the $63,200 and $62,000 support levels. The price is now trading below $62,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $61,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a steady increase if there is a close above the 100 hourly SMA and then $63,250. Bitcoin Price Faces Resistance Bitcoin price traded to a new all-time high near $66,982 before starting a downside correction. BTC corrected lower below the $65,000 and $63,250 support levels. There was also a break below the $62,000 support zone and the 100 hourly simple moving average. Finally, the price spiked below $60,000, but the bulls were active above the $59,500 level. A low is formed near $59,610 and the price is now consolidating losses. There was a recovery wave above the $60,500 and $61,000 levels. Bitcoin surpassed the 23.6% Fib retracement level of the downward move from the $66,982 swing high to $59,610 low. There was also a break above a key bearish trend line with resistance near $61,000 on the hourly chart of the BTC/USD pair. The pair is now facing resistance near the $62,000 level and the 100 hourly SMA. A clear break above the $62,000 resistance could open the doors for a fresh increase. Source: BTCUSD on TradingView.com The next major resistance sits near the $63,250 level. It is near the 50% Fib retracement level of the downward move from the $66,982 swing high to $59,610 low. Any more gains may possibly call open the doors for a move towards the $64,000 level. The next major resistance sits near the $65,000 level. More Losses In BTC? If bitcoin fails to clear the $63,250 resistance zone, it could extend its downside correction. An immediate support on the downside is near the $61,200 level. The first major support is now forming near the $60,000 level. A break below the $60,000 support may possibly push the price towards the $58,000 support zone. Technical indicators: Hourly MACD – The MACD is slowly gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $61,200, followed by $60,000. Major Resistance Levels – $62,000, $62,500 and $63,250.

CFTC reportedly investigating decentralized prediction platform Polymarket

Polymarket is believed to have hired CTFC enforcement head James McDonald to handle the probe.

I sold & really regret it

I didn’t have a lot, just 1.5. feels impossible to get back going again, any day now i feel like things are going to take off & won’t ever be able to get back involved. only reason i sold is because i had a situation come up & really needed the extra money. life is…
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Introduction to thenewboston Blockchain

submitted by /u/hussu010 [link] [comments]