Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Trump’s acting CFPB chief cuts off funding, suspends some oversight

Trump pick Russell Vought has effectively wound down the agency after taking over the CFPB just days ago.

OpenAI CEO: Costs to run each level of AI falls 10x every year

Lower-cost AI could lead to lower-cost products but more expensive luxury items, according to OpenAI CEO Sam Altman.

Bitcoin Price Gradually Slips: Can Bulls Hold Key Support?

Bitcoin price is consolidating above the $95,000 support zone. BTC is struggling and might slip further unless there is a close above $98,800. Bitcoin started a fresh decline below the $98,000 level. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $98,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $98,000 zone. Bitcoin Price Holds Support Bitcoin price failed to continue higher above the $100,500 zone. It started another decline below the $98,500 zone. BTC gained bearish momentum for a move below the $98,000 and $96,000 levels. There was a move below the 50% Fib retracement level of the upward move from the $91,000 swing low to the $102,500 high. The price even spiked below the $95,500 support level and settled below the 100 hourly Simple moving average. It tested the 61.8% Fib retracement level of the upward move from the $91,000 swing low to the $102,500 high. Bitcoin price is now trading below $98,000 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $96,750 level. The first key resistance is near the $98,000 level. There is also a connecting bearish trend line forming with resistance at $98,200 on the hourly chart of the BTC/USD pair. The next key resistance could be $100,000. A close above the $100,000 resistance might send the price further higher. In the stated case, the price could rise and test the $101,200 resistance level. Any more gains might send the price toward the $102,500 level. More Losses In BTC? If Bitcoin fails to rise above the $98,000 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $96,000 level. The first major support is near the $95,500 level. The next support is now near the $93,700 zone. Any more losses might send the price toward the $92,000 support in the near term. The main support sits at $91,000. 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 now below the 50 level. Major Support Levels – $96,200, followed by $95,500. Major Resistance Levels – $98,000 and $100,000.

CZ Calls Binance’s Listing Process ‘Broken’—Is It Fueling Unfair Price Surges?

Binance’s token listing process is “a bit broken,” former CEO Changpeng Zhao (CZ) warned, citing price surges on decentralized exchanges before centralized trading begins. “Just beware.” CZ Breaks Silence on Binance Listings—Why Traders Should ‘Beware’ Binance’s approach to token listings faced criticism from its former CEO, Changpeng Zhao (CZ), who highlighted flaws in how the […]

Bitcoin stumbles as Trump announces 25% steel and aluminum tariffs

Crypto markets have been steadily recovering after a brief dip in the wake of more tariff announcements from US President Donald Trump.

Central African Republic video flagged ‘suspicious’ as token hits $527M

Faustion-Archange Touadera has announced the launch of an official memecoin for the Central African Republic on X, but skeptics and two AI deepfake detectors are dubious.

Robert Kiyosaki Warns Market Crash Escalating—’Greater Depression’ Could Wipe out Millions

Markets are crashing, and the world may be heading into a “Greater Depression,” warns Robert Kiyosaki, predicting mass unemployment and financial turmoil. Robert Kiyosaki: The World May Be Entering Into Another ‘Greater Depression’ Robert Kiyosaki, author of Rich Dad Poor Dad, has reiterated his long-standing prediction of a historic market collapse, stating that his 2014 […]

Can customers actually do XRP-based money transfers through conventional banks?

I'm from a very a country with a very archaic and anti-competitive banking system. From what I've read, at least one chain of major national banks has some affiliation to XRP, but I haven't seen anything about how to do faster and less expensive money transfers via XRP from that bank. XRP isn't mentioned anywhere…
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Texas Bitcoin Reserve Bill Moves Forward in Legislative Process

Texas is advancing plans for a strategic bitcoin reserve, aiming to strengthen its financial security, encourage community investment, and reinforce its role in digital asset innovation. Bitcoin Reserve Bill Progresses in Texas Legislature The Texas Strategic Bitcoin Reserve Act was read on Feb. 7 and referred to the Senate Finance Committee for review. Senate Bill […]

Daily Crypto Discussion – February 10, 2025 (GMT+0)

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.   Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading,…
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