Category: Cryptocurrency News

Are you a HODLING? I will admit I cashed out an hour ago I know I will probably get the paper hands lecture but I am Ethereum loyal and wanted to lock in my profits. If it costs me ten percent to re enter after the street opens I will live with that. I am…
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Since its inception, blockchain technology has seen an explosion in products, projects, and use cases and has managed to attract millions of users. However, the industry is dispersed and seems to have lost focus on the problems it tries to solve. Innovation still runs deep on the blockchain-based industry within a select group of projects with a deeper understanding and vision on the future of its underlying technology: to become the future of the internet. In that sense, the Flux ecosystem has emerged as a tough competitor to become the infrastructure that will support that future. This suite of decentralized computing and blockchain-as-a-service (BaSS) solutions with similarities to the Amazon Web Service (AWS) is comprised of its own cloud operating system based on Linux called FluxOS, a Proof-of-Work (PoW) utility cryptocurrency, and enterprise-grade server hardware hosting the Fluxnode network and the entire ecosystem. Every component on the network operates in perfect harmony to create the right incentives that power the Flux ecosystem, mitigate bad actors from attacking it, provide users with an on-chain governance model, and reward miners, node operators and holders. The Flux ecosystem is one of those projects with a long-term vision of onboarding new users into the crypto space by providing real solutions, a critical infrastructure that can support it, easy interoperable development tools, and a vast inventory of use cases for the benefits of the users. In that way, the project seeks to usher in a sustainable new wave of crypto adoption. The Flux Ecosystem And Its Advantages Over Competitors As mentioned, there are many projects trying to tackle different use cases, many more attempting to become the main platform for cloud services and solutions. On Ethereum, many of these projects face limitations in terms of high transaction fees and low scalability. Other blockchain-based cloud service providers, such as the recently launched Internet Computer (ICP), have complicated nodes mechanism and requirements that users need to fulfill in order to become a network participant. In addition, they are components in these platforms that seem centralized with their ecosystem relying on single points of failure. The Flux ecosystem eliminates these tradeoffs with an innovative model that allows any FLUX holder that meets the hardware requirements to participate in the network. These users allow Flux to operate as a completely decentralized platform without a single point of attack as its nodes are distributed around the globe. According to Flux’s whitepaper: With FluxNodes, the goal has always been to have thousands of potential nodes operating on the network, allowing anyone to participate and solve the scalability issue through available raw processing power. Flux, The Future Of Cloud Services In The Hands Of The People Flux has already partnered with prominent names to host and decentralize their infrastructure, a trusted partner is the Kadena blockchain who has a long-running partnership with Flux to deliver their infrastructure, blockchains Firo and Presearch have also partnered with Flux. In addition, Flux supports many other key players in blockchain by helping decentralize their infrastructure, some examples are Coinbase Rosetta, Polkadot and Kusama nodes running on the Flux network. The Flux ecosystem already host decentralized social media solutions such as an alternative privacy-focused frontend for Twitter and the Dropalo messaging project; its own decentralized cryptocurrency price oracle services, so users can have access to real-world data on the blockchain; a great selection of games and game servers, such as Minecraft servers; and the ecosystem enables interoperable capabilities for users to transact with other blockchains and power their smart contracts. Furthermore, the Flux ecosystem is run with aid from its community. As the industry enters an era of institutional participation, many in the crypto space fear that Wall Street and other giants could take over and push their own agendas for the detriment of the users. As a community-driven and open-source project, Flux is fully transparent and focused on community empowerment, major decisions are made by the community using the Flux xDAO (decentralized autonomous organization) governance. In that sense, Flux has gone to great efforts to consolidate its partnerships with global leaders across multiple sectors and become more and more accessible for corporate adoption. This has been achieved while preserving the principles that support the crypto industry at its inception: for users to a role, a voice, and a word at creating the future of the internet.   Image: Pixabay

Bitcoin was the most popular cryptocurrency in Russia in October, outpacing coins like Tether and Litecoin.

Ethereum gained pace above the $4,250 resistance against the US Dollar. ETH could accelerate higher if there is a clear break above the $4,400 resistance zone. Ethereum is trading in a bullish zone above the $4,250 level. The price is now well above $4,250 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $4,070 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue higher if it stays above the $4,250 support level in the near term. Ethereum Price Starts Recovery Ethereum extended its decline below the $4,120 level. ETH tested the $4,000 support zone and recently started a steady recovery wave. There was a break above the $4,120 and $4,150 resistance levels. The bulls pumped the price above the 50% Fib retracement level of the downward move from the $4,552 swing high to $3,920 low. Besides, there was a break above a key bearish trend line with resistance near $4,070 on the hourly chart of ETH/USD. Ether price is now well above $4,250 and the 100 hourly simple moving average. An initial resistance on the upside is near the $4,380 level. The first major resistance is near the $4,400 level. Source: ETHUSD on TradingView.com The 76.4% Fib retracement level of the downward move from the $4,552 swing high to $3,920 low is also near the $4,400 level. A close above the $4,380 and $4,400 levels could start a fresh increase in the near term. In the stated case, the price might rise towards the $4,500 level. Any more gains could lift the price towards the $4,550 zone in the near term. Dips Limited in ETH? If ethereum fails to start a fresh increase above the $4,400 level, it could extend its downside correction. An initial support on the downside is near the $4,250 level. The first key support is now forming near the $4,200 level and the 100 hourly simple moving average. A downside break below the $4,200 support zone could spark a sharp decline. In the stated case, the price is likely to revisit the $4,000 support zone in the coming sessions. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now correcting lower towards the 60 level. Major Support Level – $4,250 Major Resistance Level – $4,400

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Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hashpower out of existing miners. According to industry insiders, this cooling alternative will become mainstream in the future, as leading companies are already taking advantage and retrofitting these cooling devices to existing mining operations. Immersion […]

Singapore’s Coinstore crypto exchange has allotted $20 million for opening up three new offices in the Indian market.

I just read this ethhub docs. It says that there are 2 type of client: Beacon Node and Validator Client Beaconcha.in only shows Validator Clients. How many Beacon Nodes are there? submitted by /u/banaanigasuki [link] [comments]

I am running a couple of Ethereum nodes on different VPSs, and a few months ago I pruned them and everything was perfect. But, yesterday I noticed that one didn't operate and I checked the VPS and noticed that I didn't prune it, and that the disk is 100% full. Is there any easy command/solution…
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