Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Stellar dips into treasury to buy minority stake in MoneyGram

The financial details weren’t disclosed but the investment gave the Stellar Development Foundation a seat on MoneyGram’s Board of Directors.

Bitcoin Price Key Indicators Suggest A Strong Case For More Losses

Bitcoin price moving lower below the $29,500 zone. BTC remains at risk of more downsides below the $29,000 support zone. Bitcoin is still trading well below the $29,650 resistance zone. The price is trading below $29,300 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance near $29,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move down and break the $29,000 support zone. Bitcoin Price Turns Red Bitcoin price failed to start a recovery wave above the $29,500 resistance zone. BTC started another decline from the $29,450 swing high. There was a clear move below the $29,250 level. The price retested the $29,100 support zone. A low is formed near $29,075 and the price is now consolidating losses. It is trading above the 23.6% Fib retracement level of the recent decline from the $29,450 swing high to the $29,075 low. Bitcoin is now trading below $29,300 and the 100 hourly Simple moving average. There is also a connecting bearish trend line forming with resistance near $29,250 on the hourly chart of the BTC/USD pair. Immediate resistance is near the $29,250 level and the trend line. It is close to the 50% Fib retracement level of the recent decline from the $29,450 swing high to the $29,075 low. The next major resistance is near $29,360 and the 100 hourly Simple moving average. Source: BTCUSD on TradingView.com The first major resistance is now forming near the $29,500 level. The main resistance is still near $29,650. A close above the $29,650 resistance could start a decent increase toward the $30,000 resistance zone. Any more gains might set the pace for a larger increase toward $30,500. More Losses In BTC? If Bitcoin fails to clear the $29,360 resistance, it could continue to move down. Immediate support on the downside is near the $29,100 zone. The next major support is near the $29,000 level. A downside break below the $29,000 level might start another steady decline. In the stated case, the price could drop toward $28,400. 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 – $29,100, followed by $29,000. Major Resistance Levels – $29,250, $29,360, and $29,500.

I officially stopped mining crypto today. This is what I learned during my experience

So I've been mining crypto for a few years using a normal gaming desktop computer. Basically, I keep my computer running 24/7 anyways and figured I might as well have it mine while it is doing nothing. Even more since I didn't have to worry about electrical cost. ​ The amount gain wasn't something to…
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TIL Vitalik Buterin created Ethereum as a result of Blizzard changing a spell on the game World of Warcraft. Vitalik himself said: “I cried myself to sleep, and on that day I realized what horrors centralized services can bring”

I wish I could use the comedy flair but this is very much real. TLDR: TLDR of the situation ​ Vitalik Buterin, the creator of Ethereum, has said that he was inspired to create the decentralized platform after his beloved World of Warcraft character was weakened by the game’s developers. According to his about.me page,…
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Caroline Ellison’s list of ‘Things Sam Is Freaking Out About’ could be used in trial

The prosecution intends to use Caroline Ellison’s personal memos alongside a trove of other evidence against Sam Bankman-Fried at his criminal trial.

Crypto Adoption Soars in Slovenia: Over 1,000 Locations Accept Cryptocurrencies – News Bitcoin News

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I’ve sold everything!

I think that’s it for a while, folks! Before you take the “inverse OP” approach consider the following: Meme coins have started spiking again which normally indicates the end of a leg up The SEC just delayed approval of the Ark 21Shares ETF Volume has dried up considerably since the leg up on June 24…
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Silvergate CEO to depart amid ongoing liquidation and investor suits

Silvergate is losing its CEO Alan Lane and two other top executives as part of an ongoing wind-down of the once crypto-friendly bank.

Coca-Cola Releases “Masterpiece” NFT Collection on Layer-2 Base | CoinMarketCap

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