Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible?

SOL price jumped 20% after falling to its worst level since February 2021 with Solana’s technicals suggesting that more upside is possible.

Bought some ether in 2018 & forgot wallet

Hi there! I purchased a small amount of ether (couple bucks worth) in december 2018, i had it stored in a desktop wallet end then forgot about it, i have the restore keys written down and the transaction which sent the ether from exchange to the wallet. How can i determine which wallet i used?…
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Ethereum Price Signals Bearish Moves, Test of $1,100 Seems Possible

Ethereum is still showing bearish signs below the $1,200 zone against the US Dollar. ETH could continue to move down below the $1,180 support zone. Ethereum is attempting a minor upside correction towards the $1,200 barrier. The price is now trading below $1,200 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $1,195 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of a larger decline towards the $1,100 level or even $1,000. Ethereum Price Struggles Ethereum price remained stable near the $1,180 level. ETH formed a base and started a minor upside correction from $1,180, similar to bitcoin. The price was able to climb above the $1,185 and $1,190 levels. There was a break above a key bearish trend line with resistance near $1,195 on the hourly chart of ETH/USD. The pair even climbed above the 23.6% Fib retracement level of the key decline from the $1,232 swing high to $1,180 low. However, the bears are active below the $1,220 level. Ether price is now trading below $1,200 and the 100 hourly simple moving average. An immediate resistance is near the $1,205 level and the 100 hourly SMA. It is near the 50% Fib retracement level of the key decline from the $1,232 swing high to $1,180 low. The next major resistance is near the $1,212 level. The first major resistance is near $1,230. Source: ETHUSD on TradingView.com A close above the $1,230 resistance could start a decent upward move. In the stated case, the price may perhaps rise towards the $1,250 resistance. The next major resistance could be $1,265, above which the price might rise towards the $1,300 resistance zone. Fresh Decline in ETH? If ethereum fails to climb above the $1,220 resistance, it could start another drop. An initial support on the downside is near the $1,188 level. The next major support is near the $1,180 level. A downside break below $1,180 might send the price towards the $1,120 support. Any more losses might call for a test of the $1,100 zone. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,180 Major Resistance Level – $1,220

What idiot proof enhancements does crypto need for it to become mainstream?

Let's face it. When computers first appeared nobody had any idea how to use those except for the tech guys. To everyone else they were way too complicated. In time they added a mouse, a more user friendly OS, friendly interface and so on. And the same thing happened with the internet. And most revolutionary…
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Two crypto-related ETFs were the worst-performing in Australia for 2022

ETFs tracking crypto companies have seen significant drawdowns over the year as a result of major macroeconomic headwinds.

Report: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency

During her appearance before Nigerian lawmakers, Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN), told lawmakers that out of the nearly $1.8 billion used to manage the local currency, over 90% of this total was reportedly used to fund expenses associated with the production of banknotes. The Growing Cost of Maintaining […]

Sam Bankman just cashed out $600k, in violation of his bail release terms and conditions. A wallet directly linked to him has been using shady no-KYC exchanges to swap out

It seems that Sam Bankman is already violating his bail release terms and conditions. As per his bail release, he may not transact over $1000 without approval. If he violates the terms, his bond may be forfeited – which means his parents home could be forfeited. Lets look at what the scammer has been upto:…
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SBF met with Biden's senior advisors 2 months before FTX collapse: Report

The FTX founder met with senior White House officials at least four times in 2022.

Anyone else kind of like that crypto isn’t *completely* mainstream yet?

Okay okay okay… I'd love for crypto to be more widely accepted because then prices would most likely be higher and my financial worries would be gone, BUT… …at the same time I'm old enough to remember what the Internet was like in 1994/1995 and it even though I realize that being online at that…
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Non-US FTX customers want private info redacted from bankruptcy filings

The group stressed that publicly revealing the names and private information of customers runs the potential risk of identity theft, targeted attacks and “other injury.”