Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Pennsylvania Scraps Crypto Mining Moratorium and Revives Mining Study

submitted by /u/raymv1987 [link] [comments]

FTX customers could get $9B shortfall claim payout by mid-2024

A proposed settlement could see creditors receive a shortfall claim of $8.9 billion for FTX.com and $166 million for FTX US.

Pennsylvania crypto mining permit halt cut from bill after union pressure

The bill’s sponsor Greg Vitali included a clause that instead subjects miners to ongoing reporting requirements to get the bill past a House Committee.

Bitcoin Price Key Indicators Suggest Fresh Rally Toward $30K

Bitcoin price spiked toward $30,000 after fake news about spot ETF hit the market. BTC is now consolidating above $28,200 and could rise toward $29,200. Bitcoin is holding gains above the $28,000 and $28,200 levels. The price is trading above $28,200 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $28,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if there is a clear move above the $28,800 resistance. Bitcoin Price Aims Higher Bitcoin price started a strong increase above the $27,500 resistance zone. BTC saw a wild increase after fake news about the spot ETF approval hit the market. There was a nasty increase above the $28,500 resistance. The price even spiked toward $30,000 before trimming gains. There was a drop below the $29,200 and $28,800 support levels. The price even declined below the 50% Fib retracement level of the upward move from the $26,820 swing low to the $30,000 high. Bitcoin price is now trading above $28,200 and the 100 hourly Simple moving average. There is also a key bullish trend line forming with support near $28,000 on the hourly chart of the BTC/USD pair. The trend line is near the 61.8% Fib retracement level of the upward move from the $26,820 swing low to the $30,000 high. On the upside, immediate resistance is near the $28,600 level. The next key resistance could be near $28,800. A clear move above the $28,600 and $28,800 resistance levels could set the pace for a larger increase. The next key resistance could be $29,200. Source: BTCUSD on TradingView.com A close above the $29,200 resistance might start a steady increase toward the $29,500 level. Any more gains might send BTC toward the $30,000 level. Another Decline In BTC? If Bitcoin fails to rise above the $28,800 resistance zone, it could slide further. Immediate support on the downside is near the $28,000 level and the trend line zone. The next major support is near the $27,800 level. A downside break and close below the $27,800 support might send the price further lower. The next support sits at $27,200 and the 100 hourly Simple moving average. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $28,000, followed by $27,800. Major Resistance Levels – $28,600, $28,800, and $29,200.

Spam NFTs send to ETH address

So scammers are now sending spam nfts to my Ethereum address. What’s their angle spending $40 to send an nft? Seems like a waste of time and money if you ask me! submitted by /u/PrincePhilipTheFirst [link] [comments]

Blackrock CEO Fink weighs in on Bitcoin ETF rumor

BlackRock CEO Larry Fink on Monday weighed in on the firm's pending Bitcoin exchange-traded fund application following a wild morning after Cointelegraph reported it had been approved by the Securities and Exchange Commission (SEC). The news outlet retracted the story shortly after publication. "I can't talk about the specifics of anything, I think it's just…
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Bitcoin can finally be used for it’s intended purpose

Satoshi presented the idea of Bitcoin to the world around 2008, when the world was going through a global financial crises. During this crises banks (in the US in particular) were collapsing due to poor lending standards and credit. Satoshi argued, that Bitcoin should be used as a way to keep your money safe in…
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Solana wind down ‘deemed a necessity’ after low fees, says Lido Finance

Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting.

Daily Crypto Discussion – October 17, 2023 (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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