Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Australia's Rest Super retirement fund to invest in crypto for its 1.8M members

“It’s still a very volatile investment, so any allocation exposure we make to cryptocurrencies is likely to be part of our diversified portfolio,” said Rest Super’s CIO Andrew Lill on Tuesday.

Socialite Paris Hilton Backs $20 Million Strategic Investment in NFT Protocol Origyn

The non-fungible token (NFT) project the Origyn Foundation announced on Tuesday the team received a strategic investment of $20 million from a myriad of investors. Hilton hotel heiress Paris Hilton participated in the funding round alongside firms like Polychain Capital and Table Management. Origyn Foundation Secures $20 Million NFT marketplaces and web platforms have seen […]

At this rate, in about 8 hrs, ETH will complete burning 1M coins. Probably nothing….

submitted by /u/Tahmid_0007 [link] [comments]

Indian government pulled off a half Rug Pull. It’s hilarious how a bunch of barely educated politicians get to decide on the biggest technological advancement of the day.

It makes me wonder if people voted right? Or will they ever vote right? The only thingS that the government promises is better infrastructure, better prices for goods and commodities and services(never happens). Sorry to say, but religion has always been a major factor of electing representatives. With the government focusing on such trivial matters,…
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Why the fuck would India want to Ban Crypto even after using Crypto for a Covid Relief Fund?

Didn't India use Shiba Inu for Covid after Ethereum's co-founder Vitalik Buterin donated $1 billion of shiba inu coin to India Covid relief. $1 billion would have been extremely beneficial to fight off covid in India . This help from Vitalik should have made the government aware on the impact crypto has. It's kind of…
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Indians can’t move Eth out of Exchanges because of stupid gas fees

The govt is about to ban Crypto, the ones willing to hodl and struggle can't move the coins out due to insanely high gas fees, it's for moments like these that we need DeFi, but it's failing it's most crucial tests. submitted by /u/Optimal_North_HJ [link] [comments]

TA: Bitcoin Continues To Struggle, Why BTC Could Dive Below $55K

Bitcoin is struggling to recover above $57,500 against the US Dollar. BTC is declining and could accelerate lower below $55,000 in the near term. Bitcoin is facing resistance near the key $58,000 and $57,500 levels. The price is now trading below $57,500 and the 100 hourly simple moving average. There is a crucial bearish trend line forming with resistance near $57,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is under pressure and might slide further below $55,500 in the near term. Bitcoin Price Faces Hurdles Bitcoin price attempted another upside break above the $58,000 resistance zone. However, BTC failed to gain strength for a clear move above the $57,500 and $58,000 levels. A high was formed near $57,850 and the price started a fresh decline. There was a break below the $57,500 and $57,200 levels. The bears pushed the price below the 50% Fib retracement level of the upward move from the $55,362 swing low to $57,850 high. Bitcoin is now trading below $57,500 and the 100 hourly simple moving average. There is also a crucial bearish trend line forming with resistance near $57,300 on the hourly chart of the BTC/USD pair. An immediate support is near the $56,300 level. It is close to the 61.8% Fib retracement level of the upward move from the $55,362 swing low to $57,850 high. The first major support is now forming near the $56,000 level. The main breakdown support is still near the $55,500 level. Source: BTCUSD on TradingView.com A downside break below the $55,500 level could spark more losses. In the stated case, the price might even decline below the $55,000 level. The next major support could be near the $53,200 level. Upside Limited In BTC? If bitcoin stays above the $55,500 support, it could attempt a fresh recovery wave. On the upside, an initial resistance is near the $57,000 level. The first key resistance is near the $57,500 level and the trend line zone. The next major resistance sits near the $57,850 level and the 100 hourly simple moving average, above which the price might rise towards the $59,200 level. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is below the 50 level. Major Support Levels – $56,000, followed by $55,500. Major Resistance Levels – $57,200, $57,500 and $58,000.

Small paycheck, long term gains.

This week, I only get 200 on my paycheck. 2 days off because an injury, 2 days off because of holidays. My plan is to buy 200 of ETH to convert this week into a full week. Should work out! submitted by /u/Dysdrone [link] [comments]

My country is progressing into a possible civil war.

Are there any 3rd party options to convert my assets into FIAT If anything funky happens with the banks? What are the chances for banks to stop operate under a civil war or something half the magnitude of a civil war? Which one is better to convert? $,€,£? Is there any blueprint or survival manual…
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Timing to consolidate Ethereum wallets with small balances

So I definitely get why gas fees are "high" on Ethereum's base layer (it's useful). Also that the goal of the layer 2's will be to combine many transactions into a single transaction on the base layer so that base layer gas fees are distributed across the transactions, so each layer 2 transaction costs less…
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