Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

What is your preferred “staking as a service provider”?

So fare I have shortlisted: -SSV Network: I like the idea. However prices are insane – AllNodes: sounds ok with me – Ethpool: there are complains on discord that MEV performance of Ethpool is far behind AllNodes Any recommendation which service to choose? submitted by /u/silvester2ish [link] [comments]

Tesla to Enable DOGE Payments, Confirms Elon Musk’s Support

submitted by /u/CryptoNerd_16 [link] [comments]

Solana (SOL) Price Primed For 50% Leap: Experts Turn Bullish

Crypto analysts are turning increasingly bullish on Solana (SOL), with forecasts suggesting a potential 50% surge in the near future. Following SOL’s 11% surge in the past 24 hours, several renowned analysts came forward to express their bullish stance. Solana Price Poised For Rally Towards $250 On X, crypto trader Bob Loukas (@BobLoukas) has provided an optimistic outlook, stating, “SOL now based and fuel up for leg to $250.” This statement is based on a thorough analysis of the weekly SOL/USD chart. The chart exposes that SOL has transformed its March 2022 resistance level of around $140 into a robust support zone. Previously, this level served as a strong resistance from mid-December last year until the beginning of March. Related Reading: Solana Demand Soars As Institutions Buy Up SOL At A Massive 870% Premium By converting this resistance into support, SOL is now poised for a rally towards $250. This price target is just $10 shy of Solana’s all-time high at around $260 from late October 2021. Adding to the bullish sentiment, crypto analyst Byzantine General (@ByzGeneral) remarked, “SOL looks pretty good to me. Leverage in the system has actually gone down while price is up and at the same time Coinbase has been buying a lot of spot.” Notably, not only the SOL/USD charts look ultra strong, but also the chart of SOL against its most fierce competitor in the fight for the superior layer-1 network, Ethereum. According to several analysts, SOL/ETH is primed for a major breakout. Christopher Inks, the founder of TexasWest Capital, shared his analysis, noting, “SOL/ETH on the weekly looks amazing. It doesn’t get much better than this with the wedge breakout while Stoch RSI is crossing bullishly in oversold and threatening to break out and RSI has bounced at neutral and is nearing a bullish cross. Breaking out above 0.04597 adds confidence to the rally toward a minimum expected target of 0.07231.” Related Reading: UNIBOT Crashes 37% Following End Of Cooperation With Solana Team This technical breakdown suggests a very optimistic future for SOL in comparison to ETH. If this technical setup plays out, SOL could outperform ETH by more than 70%. Macro expert Raoul Pal has also chimed in, stating, “SOL/ETH is looking like a breakout after a perfect consolidation… SOL is likely to take the lead again soon.” Pal’s analysis is based on a falling wedge correction pattern, a bullish signal, which SOL/ETH has already broken out from. However, it is important to note that this breakout needs to be confirmed to avoid being considered a fakeout, indicating a potential major breakout against ETH. Renowned trader Peter Brandt, commenting on Pal’s analysis, identified the pattern as a “Classic Schabacker falling wedge correction,” a bullish signal typically indicating a potential reversal or continuation of the trend. The Falling Wedge pattern, characterized by converging trend lines, decreasing volume, and a breakout with increased volume, suggests that SOL’s current pattern positions it for significant upward movement. At press time, SOL traded at $168.59, surpassing the 0.618 Fibonacci retracement level in the weekly chart. Featured image from Shutterstock, chart from TradingView.com

Uniswap to crypto.com

I withdrew $INJ to my crypto.com wallet and it shows successfully but it’s not reflecting on my crypto.com wallet. What’s wrong? In crypto.com there was cronos and injective address and I chose cronos address to deposit into. Was it wrong? Help please https://etherscan.io/tx/0x68c32e1852f7b7b5d5664ad20f94d06f28a49a2fa465c911c2a0a4c33d8f7436 submitted by /u/Adrianchuajf [link] [comments]

I sold my RVN with mixed feelings

I gave up now as my hopium ran out. i mined close to 100k rvn and bought some in .026. I have now sold it and converted it to decimals in Bitcoin Core. Part of me is very sad, because my feelings for Raven are strong. I simply did it because the interest is too…
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Hong Kong Monetary Authority Launches Stablecoin Issuer Sandbox

On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the stablecoin issuer sandbox arrangement. The HKMA stated that applicants interested in establishing a stablecoin business in Hong Kong should have a sound business plan. The regulator also clarified that admission into the sandbox does not imply endorsement or support for […]

Cycle is broken and people is going to get caught

So, quick maths. Halving hasn't happenned yet. Blackrock is 2 month into the etf at 10k btc a day. Those are not even their bitcoins, just custody. Estimations of traded/moving bitcoin in exchanges is <2million. Im not even counting anything else but blackrock, at this rythm, is going to cause a supply shock by itself…
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[aside] : Time-Lock protocol for ERC721

https://x.com/distribgallery/status/1767954795128594767?s=46&t=-v4ugcaYWaCu7YrZ3_jhnA submitted by /u/meister2 [link] [comments]

Is alt season a self fulfilling prophecy or just hopium?

So i am wondering what do you think about the belief there will be an alt season? 🤔 I would like to see crypto developing in more ways but development does not necessarily mean profit right? For example Polygon is a cool project and has low fees but is it really a good investment? Some…
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Rating L2 Security vs Alt L1

How would you rate Arbitrum or Optimism’s security vs say that of Solana or Tron? How would you rate it against Polygon PoS? Has anyone done any work on this? Thanks 🙂 submitted by /u/_nosfartu_ [link] [comments]