Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Last 6 months have looked very familiar $RVN $BTC

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Immersive cooling tech could help Bitcoin mining go green by 2030

Immersive cooling technology helps to increase hash rates and minimize energy output.

GameStops NFT Marketplace will feature gas-free, instant transactions.

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

This is the longest time that ETH has fought over the $4k line and has held it very well, this is more telling than briefly hitting ATHs

For over a week ETH has fought over the $4k line and this time around it feels much different than previous times, it looks stronger and more decisive–back in May and September it only hovered over it for what seemed like a brief moment and was never able to consolidate around it, quickly dropping below…
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I think this was a typo made by Robinhood but cool to see those numbers.

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

Lykke set to overhaul its crypto platform’s exchange infrastructure

Lykke Wallet, a Swiss-based crypto exchange platform, announced today the start of an important step in the continuous process to improve its service with the migration to a new underlying exchange architecture. For several months, the Lykke team has been steadily migrating the building blocks of its exchange infrastructure to Sirius, a dedicated solution developed…
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I did not inspect element this…

submitted by /u/TSOT7 [link] [comments]

Bitcoin Attempts Fresh Increase, Why BTC Could Struggle Near $62K

Bitcoin price started a fresh increase above $60,000 against the US Dollar. BTC is rising and it could attempt an upside break above the $62,000 resistance. Bitcoin managed to pump above the $60,000 and $61,000 levels. The price is now trading above $61,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $61,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must settle above $62,000 to start a major increase in the near term. Bitcoin Price Starts Fresh Increase Bitcoin price found support near $58,140 and started a fresh increase. BTC was able to break the $60,000 and $60,500 resistance levels to move into a positive zone. The price even settled above the $60,500 level and the 100 hourly simple moving average. There was also a break above the 50% Fib retracement level of the key decline from the $63,700 swing high to $58,140 low. It is now facing resistance near the $61,650 and $61,800 levels. There is also a major bearish trend line forming with resistance near $61,650 on the hourly chart of the BTC/USD pair. Bitcoin is also facing barrier near the $62,000 level. Source: BTCUSD on TradingView.com It is near the 61.8% Fib retracement level of the key decline from the $63,700 swing high to $58,140 low. A clear break above the trend line resistance and then $62,000 may possibly call open the doors for a move towards the $63,000 level. The next major resistance sits near the $64,000 level. Fresh Decline In BTC? If bitcoin fails to clear the $62,000 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $61,000 level. The first major support is now forming near the $60,500 level. A break below the $60,500 support may possibly put a lot of pressure on the bulls in the near term. The next key support is near the $60,000 level, below which there is a risk of a larger decline. In the stated case, the price might slide towards the $58,500 level. Technical indicators: Hourly MACD – The MACD is slowly losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $60,500, followed by $60,000. Major Resistance Levels – $61,650, $62,000 and $63,200.

Wow, congratulations Ethereum community!

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