Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Weekly Recap Ending March 17

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Am I Being Scammed!?!

Hey all! I need some help please as I do not know if I am getting scammed or not… I am just an average crypto user who browses reddit and this page every now and then. I logged on the other day and I had a message in my inbox. Sure enough, a beautiful girl…
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Trezor Hardware Wallet Introduces Support for Cardano (ADA), Price Reacts

Crypto hardware wallet has announced support for Cardano (ADA) after many years of not supporting the digital asset. As Cardano has grown and with the rise of decentralized finance (DeFi) on the network, there has been more demand for the cryptocurrency to be added to the wallet, which is one of the most popular crypto hardware wallets in existence. The announcement had come at a time when the digital asset was in need of a boost and it provided that. Trezor which boasts millions of users worldwide will bring more storage capabilities to the ADA community through this. Providing a more secure and private method of storing and transacting the cryptocurrency. It comes with the latest updates to the Trezor Suite that was announced earlier this week. Good news from our friends at @Trezor!#Cardano accounts are now available in Trezor Suite, allowing you to store and transact. https://t.co/2goLY1ZqmN — Input Output (@InputOutputHK) March 16, 2022 Related Reading | When Bitcoin At $500,000? Novogratz Says Five Years Cardano (ADA) Price Reacts Following the announcement of the addition of Cardano support to the Trezor hardware wallet, there had been some movement recorded by the digital asset. The very noticeable spike had occurred just after the announcement had been made public but the digital asset found it hard to hold this point. Instead, there was a subsequent downtrend that brought the price back down. ADA price shoots above $0.85 | Source: ADAUSD on TradingView.com However, the momentum would prove to not be dead as the recovery would pick up the next day. By Thursday, Cardano had recovered to as high as $0.857 from its trending week low of $0.78. After touching this point, the digital asset would return back down only to begin trading at a higher low. It settled above $0.8 as of the early hours of Friday and continues to trend in this region. What The Indicators Say Both the short and long-term forecasts for Cardano are not too positive. At the current price, the digital asset is trading well below its 50 and 100-day moving averages. Both of these determine if investors are willing to purchase a digital asset at a lower or higher price and right now, investors coming into the cryptocurrency seem to want to purchase ADA at low prices. Related Reading | Why VeChain (VET) Could Be On The Verge Of A 40% Rally This has put significant selling pressure on the digital asset that continues to shine through today. All short, medium, and long-term indicators have all skewed completely into the selling territory, leaving no room for reprieve. $0.85 remains an important resistant point for the cryptocurrency at this point as the ability to not only beat this but stay above it would see it rally towards testing the $0.9 resistance level. Nevertheless, Cardano is still a long way from going back above $1 given investor sentiment and the current market being one for the sellers. Featured image from Swyftx Learn, chart from TradingView.com

Ethereum Node on Rasberry Pi – Issues with Syncing

Hello hello! Forgive me in advance, as I'm a bit of an Ethereum noob. I followed the appropriate installation guide for Ethereum on ARM, and it appears my state sync has stalled? https://ethereum-on-arm-documentation.readthedocs.io/en/latest/quick-guide/download-and-install.html I am getting many errors, some of which include "snapshot extension registration failed", "dropping unsynced node during sync", and "state sync in…
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41k Bitcoin: BULLRUN IS BACK, BABY!

I mean…right guys? RIGHT? This is the time where we all FOMO the money we don't have, buy into all the shitcoins and start preordering Lambos left and right! If i learned anything from this sub is to NOT BE A PUSSY! Let's all go get crazy loans and max our credit cards, because this…
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Am I being scammed?

Hey, I'm really hoping some experts in here are able to explain/tell me if I'm being scammed. I'm a guy and I've been speaking with a girl from another country for about 3 months now. I would say its more than a friendship. Anyway, very early on in our conversations she brought up crypto mining…
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Don’t understand how Blockchain can protect privacy for personal data

Hi! I know how public Blockchains work under the hood but I don't really understand one of its use cases: privacy for healthcare data. We can read a lot of about public Blockchains being able to provide privacy to individuals, especially regarding healthcare data. I don't really understand this argument because we all know that…
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Help Ukraine and get a tax deduction – 27 charities that accept crypto donations

If you’re living in a place like the United States, it’s pretty hard to imagine getting invaded by another country. I have some coworkers who are based in Ukraine, and I’m really impressed with their strength and resolve in an awful situation. If you’re interested in helping out people in need, there are lots of…
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A beginner’s guide to joining a DAO

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NFT Collector Accidentally Sells $1.2M Rock for $0.0012 | CoinMarketCap

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