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2024-05-02

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The focus of this article is how to set up VerusCoin (VRSC) mining on an Orange Pi 5 device (similar to Raspberry Pi, but more powerful) thanks to the use of a Rockchip RK3588S 8-core 64-bit processor that is capable of quite decent performance with a low power usage, making it one of the best options for efficiently mining VRSC or other similar crypto coins. We are going to be doing a separate guide on how to mine VRSC on an Android-based mobile device, so stay tuned for that as well… Under the partnership, Blockraise will act as a nominated adviser for Scotcoin, helping it comply with the regulatory and legal requirements of the crypto industry and enhance its reputation and credibility among investors and users. Is there a free Ethereum wallet?SubQuery Empowers zkSync Era with Efficient Data Indexing Tools XRP Price Prediction as Daily Trading Volume Rises Above $500 Million – Is a Rebound from Bearish Sentiment in Sight?

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Sam Bankman-Fried Urged Me to Commit Crimes, Said Caroline Ellison It has been nine years since Digiconomist was first launched with the objective of “exposing the unintended consequences of digital trends.” For a big part of these nine years, the sustainability of digital assets such as Bitcoin has been a key focus of the research by… Canadian crypto exchanges impose 30k CAD annual limit for AltcoinsThe play-to-earn blockchain game, Axie Infinity, experienced a notable decrease in its average monthly users since January 2022. At that time, Axie Infinity attracted an average of 2.78 million monthly users. By June 2022, this number fell to 958,044. Source: Ksenia/AdobeJapan’s Casio has become the latest megabrand to take the NFT plunge with the release of “Virtual” G-Shock tokens based on its popular watches.In a Casio press release, the firm said it was launching the Virtual G-Shock line on the Polygon blockchain protocol.The company said it would release “3D model” G-Shock NFTs later in the year, but first wanted to reach out to fans of its iconic digital watch.Casio claims it has sold over 130 million G-Shock watches worldwide following its 1983 debut.Recently released Casio G-Shock watches. (Source: CasioUSA/X)But before debuting the NFT watches, the firm will issue NFT “membership cards” that will provide owners with special access to “limited channels.”The firm said it would issue 15,000 of the NFT “cards” beginning on September 23, but invited customers with Casio IDs to register their interest in claiming a card before the general release.“Card” holders will be granted “special access” to a range of new events and meetups, and “participate in co-creation projects.”Per Japan’s CoinPost, Hiroshi Takahashi, the CEO of Casio stated that the project’s aim was to “boost increase the presence of the G-Shock brand in the virtual and Web3 worlds.”More Japanese Firms Turning to NFTs?A fast-growing line of Japanese fashion, sportswear, and accessories brands is continuing to pursue NFT-powered business.While the NFT boom has died down somewhat in other markets, Japanese firms have been spurred on by comments from Prime Minister Fumio Kishida, who has repeatedly talked up NFTs and Web3 as grown engines for the national economy.Sportswear titans Asics and Mizuno have already entered the fray, with NFT footwear based on some of their best-selling lines.And other businesses are also keen.In May this year, the airline All Nippon Airways announced the launch of its own aircraft-themed NFTs, Impress Watch reported.Earlier this month, the nation’s top financial regulator said it was ready to ask parliament to ease tax rules for domestic corporations.The rules have been described as “restrictive” by critics who say Japanese firms are being forced out of the domestic market.Axident's NFTs Turn Justin Bieber's 'Company' Into a Royalty Investment, 350 Minted in 2 Minutes

Monero In this regard, Jean Claude Ghinozzi, CEO of VR46 Metaverse, said: Crypto criminals laundered $540 million by using a service called RenBridge, new report showsA retrace of similar magnitude during this cycle could see BTC fall back to around $21,000 to $22,000 over the next couple of months. KABOOM! has built or renovated over 17,000 playspaces since its founding more than 25 years ago. According to Upland chief of staff Danny Brown Wolf, ending playspace inequity is a mission that resonated with users of the Upland metaverse.

CleanSpark's share price rose by 4.61% on October 4, closing at $3.63, reflecting investor optimism in the company's exceptional performance. The bulls tried to shake Bitcoin from its slumber on Sept. 7, but the rally was short-lived. This suggests a lack of clarity between the bulls and the bears about Bitcoin’s (BTC) next directional move. Analyst CryptoCon said on X (formerly Twitter) that Bitcoin could remain in a “mid cycle lull” until the start of the next bull run in November 2024.Along similar lines, ARK Invest said in a report that cryptocurrencies could continue to face headwinds in the remainder of 2023 due to several macroeconomic issues, such as interest rates, gross domestic product estimates, unemployment and inflation.Daily cryptocurrency market performance. Source: Coin360Sept.In comparison, the bulls will be closely following the decision of the United States Securities and Exchange Commission on the various Bitcoin spot exchange-traded fund (ETF) applications. In addition to that, the race for a spot Ether (ETH) ETF also began officially on Sep. 6 with filings from VanEck and ARK Invest. Bloomberg ETF analyst James Seyffart expects more Ether ETF filings to happen in the next few days.Could Bitcoin’s range-bound action increase the selling pressure on altcoins? Let’s study the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin reached the 20-day exponential moving average (EMA) of $26,419 on Sept. 7, but the bulls could not overcome this obstacle. This suggests that the bears are fiercely guarding the 20-day EMA.BTC/USDT daily chart. Source: TradingViewHowever, the failure of the bears to challenge the crucial support at $24,800 suggests that selling dries up at lower levels. The relative strength index (RSI) is trying to form a positive divergence, indicating that the bearish momentum is weakening.The first sign of strength will be a break and close above the 20-day EMA. That clears the path for a sustained recovery toward $28,143. On the contrary, if the $24,800 support crumbles, the BTC/USDT pair could start a downtrend. There is minor support at $24,000, but it may not arrest the decline. The pair could eventually reach pivotal support at $20,000.Ether price analysisEther continues to trade inside a narrow range between the 20-day EMA ($1,668) and the formidable support at $1,626.ETH/USDT daily chart. Source: TradingViewThe failure of the bulls to clear the overhead hurdle at the 20-day EMA increases the risk of a breakdown. Below $1,626, the ETH/USDT pair could retest the Aug. 17 intraday low of $1,550. Buyers may purchase the dip to this level with vigor because if the support cracks, the pair could plunge to $1,368.Time is running out for the bulls. If they want to prevent the collapse, they will have to first drive the price above the 20-day EMA and thereafter attempt a rally to the 50-day simple moving average (SMA) of $1,762. That could increase the likelihood of the pair being range-bound between $2,000 and $1,626 for a few more days.BNB price analysisThe bulls tried to push BNB (BNB) above the breakdown level of $220 on Sept. 6, but the bears did not relent. This indicates that the sellers are trying to flip the $220 level into resistance.BNB/USDT daily chart. Source: TradingViewThere is minor support at $211, but if bears pull the price below it, the BNB/USDT pair could reach the psychological level of $200. This level is likely to attract solid buying by the bulls. If the price rebounds off this support, it will indicate that the pair may consolidate between $200 and $220 for a while.Contrary to this assumption, if the price turns up from the current level and rises above $220, it will suggest accumulation at lower levels. That could launch a recovery toward the downtrend line.XRP price analysisThe bulls purchased XRP’s (XRP) dip below $0.50 on Sept. 6, but the failure to start a strong rebound indicates a lack of demand at higher levels.XRP/USDT daily chart. Source: TradingViewThe bears will try to strengthen their position further by yanking the price below $0.50. If they can pull it off, the XRP/USDT pair could nosedive to the next major support at $0.41. This fall is likely to be swift, as there is no major support between $0.50 and $0.41.On the contrary, if the price once again turns up from the current level, it will suggest that the bulls are trying to flip $0.50 into support. A break above the 20-day EMA will indicate that the pair is likely to oscillate between $0.50 and $0.56 for a while longer.Cardano price analysisCardano (ADA) formed a Doji candlestick pattern on Sept. 6 and again on Sept. 7, which shows indecision between the bulls and the bears. ADA/USDT daily chart. Source: TradingViewThe downsloping 20-day EMA ($0.26) and the RSI in the negative territory enhance the prospects of a downside breakdown. If the price skids below $0.25, the ADA/USDT pair could drop to the critical support at $0.24.On the upside, the bears have repeatedly halted the advance near the 20-day EMA; hence, this becomes an important level to watch out for. If bulls force the price above the 20-day EMA, the pair could reach the overhead resistance at $0.28.Dogecoin price analysisThe bulls tried to shove Dogecoin (DOGE) above the 20-day EMA ($0.06) on Sept. 6, but the bears held their ground.DOGE/USDT daily chart. Source: TradingViewThe price remains stuck between the 20-day EMA and the horizontal support at $0.06. When the price trades inside a range, it is difficult to predict the direction of the breakout, but the downsloping 20-day EMA and the RSI near 40 signal an edge to the bears. Below $0.06, the DOGE/USDT pair could descend to $0.055.This negative view will be invalidated in the near term if bulls kick and sustain the price above the 20-day EMA. Such a move will suggest the start of a stronger recovery to $0.07 and eventually to $0.08.Solana price analysisSolana (SOL) has been gradually correcting inside the large range between $14 and $27.12. The bears have been selling the relief rallies to the 20-day EMA ($20.53), indicating that the sentiment remains negative.SOL/USDT daily chart. Source: TradingViewThe repeated failure of the bulls to thrust the price above the 20-day EMA suggests that the path of least resistance is to the downside. If bears tug the price below the immediate support at $19, the SOL/USDT pair could slump to $18 and subsequently to $16. The bulls are likely to have other plans. They will try to push the price above the 20-day EMA. If they succeed, the pair may reach the overhead resistance at $22.30. This is an important level for the bears to defend because a break above it could clear the path for a potential rally to $26.Related: Why is Bitcoin price down today?Toncoin price analysisToncoin (TON) attempted a rebound on Sept. 6, but the long wick on the Sept. 7 candlestick shows that bears continue to sell on rallies.TON/USDT daily chart. Source: TradingViewThe 20-day EMA ($1.68) remains the key level to keep an eye on in the short term. If the price rebounds off the 20-day EMA, the bulls will again attempt to drive the TON/USDT pair above the overhead resistance at $2.07.Contrarily, if the price slips below the 20-day EMA, it will suggest that the traders are aggressively booking profits. The first stop on the downside is at the breakout level of $1.53 and then the 50-day SMA ($1.44).Polkadot price analysisThe bears pulled Polkadot (DOT) below the strong support at $4.22 on Sept. 6, but they could not sustain the lower levels as seen from the long tail on the candlestick. This shows buying at lower levels.DOT/USDT daily chart. Source: TradingViewHowever, the bulls could not maintain the momentum and push the price to the 20-day EMA ($4.41). This shows that every minor rally is being sold into. The bears have pulled the price back to the important support at $4.22. If this support crumbles, the DOT/USDT pair could fall to the psychological support at $4.If bulls want to make a comeback, they will have to propel the price above the 20-day EMA. If they do that, the pair is likely to climb to the downtrend line. This is the key level to keep an eye on because a break above it could signal that the downtrend is ending.Polygon price analysisBuyers tried to propel Polygon (MATIC) above the 20-day EMA ($0.56) for the past three days, but the bears held their ground. This suggests that traders are selling on minor rallies.MATIC/USDT daily chart. Source: TradingViewThe bears will try to pull the price below the immediate support at $0.53. If they manage to do that, the MATIC/USDT pair could plummet to the vital support at $0.50. The bulls are expected to protect this level with vigor because a break below it may open the gates for a further fall to $0.45.The bulls will have to push and sustain the price above the 20-day EMA to suggest that the bearish pressure is reducing. That could start a recovery to $0.64, where the bears may again mount a strong defense.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. ChangeNOW: Crypto Swap & Purchase | Best Rates & Lowest ...As a result of SOL’s notable price drop, the altcoin was trading at $22.32 at press time. Furthermore, the daily loss pushed SOL’s weekly performance further into the red zone, subsequently forcing it down to -7.63%. 3 Quant cryptocurrency has slumped around 18.65% year to date.

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