Day: September 9, 2022

Bitcoin Price Orderbook Shows Resistance At $21,500, Will BTC Retrace?

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The crypto market has returned to the green with Bitcoin price pushing north of $20,000 after a severe rejection from those levels in August. The market is heading into the weekend, and with two major events in the next few days, there could a spike in volatility.  At the time of writing, Bitcoin price trades at $21,000 with a 10% and 4% profit in the last 24 hours and 7 days, respectively. Data from Coingecko shows that BTC is overperforming in the crypto top 10 by market cap as other…

Why Is The Crypto Market Crashing? | Coffee & Crypto

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On coffee with Crypto, we decode how stock and crypto markets could be correlated. Central Board of Direct Taxes (CBDT) has issued guidelines with respect to the new Section 194S which will be effective from 1st July, 2022. Meanwhile Vikas Khanna, ‘Michelin Star Chef & Author,’ shares more on his book ‘Sacred foods of India,’ priced at 50 thousand dollars as an NFT version. The absolute latest on cryptocurrency on our new, special site In partnership with @CoinSwitch Kuber Download CoinSwitch Kuber…

Ethereum’s potential fork ETHPOW has crashed 80% since debut — More pain ahead?

The listing of ETHPOW (ETHW) across multiple crypto exchanges has been followed by a huge drop in price despite some initial success.  ETHPOW drops 80%  On the daily chart, ETHW’s price dropped by more than 80% to $25 on Sept. 10, over a month after its market debut. ETHW/USD daily price chart. Source: TradingView For starters, ETHPOW only exists as a futures ticker, for now, conceived in anticipation that an upcoming network update on Ethereum could result in a chain split. Ethereum will undergo a major protocol change called the…

Bitcoin price cracks $21K as trader says BTC buy now ‘very compelling’

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Bitcoin (BTC) circled $21,000 at the Sep. 9 Wall Street open as newly-won gains endured. Meanwhile, the total cryptocurrency market capitalization has crossed back above the $1 billion mark.  BTC/USD 1-day candle chart (Bitstamp). Source: TradingView BTC price gives “confirmation” of trend change Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as its “short squeeze” punished late bears. After a brief consolidation, the pair set new multi-week highs of $21,254 on Bitstamp, and now faced resistance in the form of an old support level abandoned in late August. For…

4 Crypto Tokens Reap Hashpower From The Merge, ETC Secures Most of the Hashrate Leaving ETH – Mining Bitcoin News

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20 days ago, a poll was shared on Twitter asking miners where they planned to dedicate their hashrate, after The Merge transitions Ethereum into a proof-of-stake (PoS) blockchain. The proof-of-work (PoW) contenders at the time were tokens like ravencoin, ergo, flux, and ethereum classic. When the poll concluded, flux and ravencoin outpaced the pack in votes, but reality shows ethereum classic has been the main beneficiary of hashrate so far. Twitter Poll With More Than 10,000 Votes Chooses Flux, While Ethereum Classic Ends up Reaping the Benefits Stemming From The…

Core coine mining aps new update || Btc giveaway close 🤔🤔 Bitcoin Giveaway is officially end?

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Why quantum computing isn’t a threat to crypto… yet

Quantum computing has raised concerns about the future of cryptocurrency and blockchain technology in recent years. For example, it is commonly assumed that very sophisticated quantum computers will one day be able to crack present-day encryption, making security a serious concern for users in the blockchain space. The SHA-256 cryptographic protocol used for Bitcoin network security is currently unbreakable by today’s computers. However, experts anticipate that within a decade, quantum computing will be able to break existing encryption protocols. In regard to whether holders should be worried about quantum computers…