Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

I loss $150k gambling in crypto

I got hooked when I turned $15k into $150k and then thought i was a genius. I kept pumping my salary into crypto there were ups and downs but end of the day I loss it all holding a coin when it went down all the way. Stupid part was I purchased 10btc at the…
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EigenLayer Restaking APYs

Looking to get more feedback on experiences using Eigenlayer to restake. For those that have used it, is it worth it? What kind of APY should I be expecting and which Operator do you use? Any other feedback would be great! Thanks! submitted by /u/TitanBaseball2 [link] [comments]

As Bitcoin becomes a tool of institutions and governments, the time to get rich in crypto is over – true or false?

People tend to look at previous bull runs to predict the current bull run. And going by that logic, we are only at the beginning. BTC should at least go to 150k, ETH has been far below expectations and alt season is nowhere to be found. That's why everyone believes that the big gains are…
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Bitcoin Price Analysis: Bears Tighten Grip as BTC Drops Below $97K

Bitcoin’s price over the past sixty minutes ranged from $96,318 to $97,286, with a market capitalization of $1.92 trillion and a 24-hour trade volume of $70.59 billion, while intraday trading spanned from $96,318 to $102,614. Tuesday’s dump follows the U.S. crypto czar telling the press the President asked him to “evaluate” a strategic bitcoin reserve. […]

US prosecutors must rethink DeFi stance — a16z

DEXs like Uniswap should not be held liable for user actions they can’t control, the venture capital firm said.

US prosecutors must rethink DeFi stance — a16z

DEXs like Uniswap should not be held liable for user actions they can’t control, the venture capital firm said.

Cardano Price Breaks Down From Ascending Channel, Here Are Two Ways It Could Go

A crypto analyst has confirmed a recent breakdown of the Cardano price from an Ascending Channel pattern. With key support and resistance levels now in focus, the analyst has outlined two scenarios for ADA, projecting where its price could move next.  Cardano Price Ascending Channel: Bullish Scenario The Cardano price has been trending within an Ascending Channel for some time, maintaining steady price momentum amidst market volatility. However, a TradingView crypto analyst, known as ‘MelikaTrader94’, has identified a recent change in the Cardano price action. The analyst highlights that the altcoin has broken below the Ascending Channel, indicating a possible shift in market sentiment. Related Reading: Cardano Price Bounces From Key Support Level, But There’s Still A Risk To Crash To $0.85 An Ascending Channel is a distinctive chart pattern formed by two upward-sloping parallel trend lines. This pattern is typically considered a bullish continuation signal, often indicating the potential for a price reversal or deeper correction.  Based on the TradingView analyst’s report, Cardano’s recent breakdown from its Ascending Channel could give rise to two possible scenarios. Firstly, the analyst predicts that the price of Cardano could experience a bullish surge, driven by the momentum generated from the channel breakdown.  The analyst shared key support and resistance levels to watch, highlighting that a breakout about resistance could confirm a bullish reversal. Interestingly, the Cardano price has already broken below the key support level of around $0.7765. The cryptocurrency is now testing lower regions to find its next critical support.  The TradingView analyst predicts that if the price of ADA can reclaim the support level at $0.7765, a retest to higher levels may be imminent. He has set a bullish target for ADA between $0.95 and $1.00, signaling the start of a strong uptrend and a potential price discovery. He also highlighted new resistance levels between $0.7765 and $0.80 for the price. Bearish Scenario: Further Decline Toward 0.2910 Fib? In an alternative scenario, MelikaTrader94 has shared a bearish outlook for the Cardano price. The price of Cardano is already in a severe downturn after crashing by 23.3% over the past week. Despite this bearish performance, the TradingView analyst predicts that ADA could see further downward momentum, declining towards the 0.4836 and 0.2910 Fibonacci levels if it fails to hold current levels.  Related Reading: Cardano Price Eyes Breakout To $6 After Bouncing From 43% Drawdown The TradingView expert has pinpointed new support levels around $0.63, $0.48, and $0.29. These price points act as a barrier for the ADA, potentially preventing further declines. The analyst also disclosed that these support levels will serve as significant demand zones where buying pressure is set to increase. Given the possibility of a further breakdown in the ADA’s price, the analyst has cautioned investors to closely monitor ADA’s price action, particularly around the $0.63 level, as this could confirm the cryptocurrency’s next move. Featured image from Adobe Stock, chart from Tradingview.com

Republicans announce formation of bicameral crypto working group

The working group involving four congressional committees will be separate from one studying a Bitcoin reserve under Donald Trump’s executive orders.

Republicans announce formation of bicameral crypto working group

The working group involving four congressional committees will be separate from one studying a Bitcoin reserve under Donald Trump’s executive orders.

President Tells Crypto Czar to ‘Evaluate’ Strategic Bitcoin Reserve, Says David Sacks

The Trump administration and key congressional leaders are advancing a bipartisan initiative to establish regulatory clarity for cryptocurrency and digital assets in the United States. Regulatory Clarity for Crypto: Congress and White House Align on Strategy David Sacks, President Trump’s cryptocurrency czar, joined Senate Banking Committee Chairman Tim Scott (R-S.C.), Senate Agriculture Committee Chairman John […]