Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Am I the only one that thinks the recent chaos and uncertainty makes crypto even more attractive?

Crypto has gone through so many phases where it feels like it’s finally finding its place in society, then it doesn’t, then it does, then it doesn’t. Some great news comes out, then some crushing news follows. It’s like the only constant in this space is the really good and the really bad and nothing…
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June 6, 2023

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Moody's downgrades Coinbase citing 'uncertain magnitude' of SEC charges

Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as “uninvestable” in the near term.

Breaking: Binance.US suspends USD deposits, warns of fiat withdrawal pause

Binance.US said the moves are part of efforts to protect customers and the platform amid “extremely aggressive and intimidating tactics” by the SEC.

Binance US is halting all USD business and going CRYPTO ONLY.

Get your fiat off the exchange :/ "As you may be aware, Binance.US, alongside other companies in our industry, has become the target of aggressive tactics by the United States Securities and Exchange Commission (SEC). The SEC has brought unjustified civil claims against our business, from which we will continue to vigorously defend ourselves, our…
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Pro-Bitcoin DeSantis tagged over AI-faked photos in Trump smear campaign

The images depicting Donald Trump cuddling up to and kissing Anthony Fauci were labeled as being AI-generated on Twitter’s disinformation alert feature.

Vitalik Buterin and Polygon co-founder to help send $100M toward COVID-19 research

Research into “Long COVID” and furthering medical infrastructure development will be the two main focus areas for Buterin.

Bitcoin Price Defies Gravity But Here Is Why It Could Decline Again

Bitcoin price is consolidating above the $26,000 support. BTC could start another decline if it stays below $27,400 for a long time. Bitcoin is struggling to gain pace for a move above the $27,400 resistance. The price is trading near $26,500 and the 100 hourly Simple moving average. There was a break above a declining channel with resistance near $26,420 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could decline again if there is a move below the $26,000 support zone. Bitcoin Price Faces Resistance Bitcoin price remained stable above the $26,000 level. BTC traded as low as $26,139 and recently started an upside correction. It was able to climb above the $26,250 level. There was a move above the 23.6% Fib retracement level of the downward move from the $27,387 swing high to the $26,139 low. Besides, there was a break above a declining channel with resistance near $26,420 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading near $26,500 and the 100 hourly Simple moving average. It seems to be facing resistance near the $26,750 level. It is close to the 50% Fib retracement level of the downward move from the $27,387 swing high to the $26,139 low. A clear move above the $26,750 resistance might start a decent increase. The next major resistance is near the $27,000 level. A close above $27,000 might send the price further higher. Source: BTCUSD on TradingView.com The next key resistance is near the $27,400 level. A clear move above the $27,400 resistance might call for a move toward the $27,500 resistance. Any more gains above the $27,500 resistance zone might send the price toward the $28,500 resistance zone. Fresh Decline in BTC? If Bitcoin’s price fails to clear the $27,000 resistance, it could continue to move down. another decline. Immediate support on the downside is near the $26,140 level. The next major support is near the $25,850 level, below which the price might accelerate lower. In the stated case, the price could drop toward the $25,400 support in the near term. 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 near the 50 level. Major Support Levels – $26,140, followed by $25,840. Major Resistance Levels – $26,750, $27,000, and $27,400.

Robinhood Joins Coinbase in Saying It Tried to ‘Come In and Register’ Like S E C Wanted

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