Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

How do I swap my ETHBEP2 to ETH

I’m looking for solutions other than binance. I have ETHBEP2 on Trust Wallet and want to convert to regular ETH. Is there any way I can do this? submitted by /u/inthearmsoftheangels [link] [comments]

TA: Bitcoin Starts Corrective Decrease, $53K Holds The Key

Bitcoin started a downside correction from the $55,700 zone against the US Dollar. BTC is correcting lower, but dips remain supported near $53,000 and $53,200. Bitcoin started a downside correction from well above the $55,500 level. The price is now trading above $53,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $53,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower, but the bulls are likely to remain active near $53,000. Bitcoin Price Corrects Lower Bitcoin price remained in a positive zone above the $52,000 resistance. BTC even broke the $55,000 resistance level and settled above the 100 hourly simple moving average. However, the price failed to continue higher above the $55,700 zone. A high was formed near $55,770 before there was a downside correction. The price corrected lower below the $55,200 support level. The price even traded below the 23.6% Fib retracement level of the upward wave from the $50,365 swing low to $55,777 high. There was also a break below a key bullish trend line with support near $53,100 on the hourly chart of the BTC/USD pair. An immediate support on the downside is near the $53,500 level. Source: BTCUSD on TradingView.com On the upside, an initial resistance is near the $54,500 level. The first major resistance is near the $55,000 level, above which the price could accelerate higher. The next major resistance sits near the $55,500 level. Any more gains could set the pace for a move towards the $58,000 level. Dips Limited In BTC? If bitcoin fails to clear the $55,000 resistance zone, it could continue to move down. An immediate support on the downside is near the $53,500 level. The first major support is now forming near the $53,100 level. The next major support is near the $53,000 level. It is near the 50% Fib retracement level of the upward wave from the $50,365 swing low to $55,777 high. Any more losses could open the doors for a move towards the $52,500 level. The next key support sits near the $52,000 level. Technical indicators: Hourly MACD – The MACD is now moving in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $53,500, followed by $53,000. Major Resistance Levels – $54,500, $55,000 and $55,500.

A chat with a scammer claiming to be “Metamask Support”

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

So how are US taxes going to work after someone like me has made 1000 trades this last year?

So I know each trade or exchange is a taxable event. I know there is an 8949 form that we fill out, but I mean: how is every expenditure on a Coinbase card going to have to be listed? How am I going to write in every time I hopped into doge for an hour…
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Institutions buying Bitcoin rather than gold as inflation cranks up: JPMorgan

According to JPMorgan this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin.

Senator Cynthia Lummis discloses a Bitcoin Purchase worth up to $100,000

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

Gelato raises $11M from heavyweight backers for Web 3 automation

Gelato aims to simply DeFi by automating smart contract operations and helping users rebalance their portfolios.

George Soros’ Fund Holds Bitcoin, CEO Says Cryptocurrency Has Gone Mainstream

Soros Fund Management, founded by billionaire investor George Soros, has invested in bitcoin. The CEO of the asset management company says bitcoin is not just an inflation hedge: “I think it’s crossed the chasm to mainstream.” Soros Fund Management’s CEO Says Bitcoin Has Gone Mainstream Soros Fund Management, the asset management company founded by billionaire […]