Not Your Keys, Not Your Coins: Why You Need A Bitcoin Hardware Wallet - cyptoranking.com

2024-05-01

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The ether-bitcoin (ETH/BTC) ratio continues to lose ground amid the lack of meaningful demand for the recently launched futures-based ether exchange-traded funds (ETFs). Read more: Account abstraction: Finding a balance between on- and off-chain activity Not Your Keys, Not Your Coins: Why You Need A Bitcoin Hardware WalletLiquidators for Zhu’s fallen Three Arrows Capital (3AC) fund reported on Friday that Zhu was apprehended by Singaporean officials while attempting to leave the country. Zhu will reportedly be imprisoned for four months in an effort to compel him to cooperate with 3AC liquidation efforts. Her proximity to Bankman-Fried’s business and personal lives is almost certain to give the jury its closest look yet at the decision-making that led to FTX’s epic collapse last November. She has been cooperating with the government since at least December, when she pled guilty to an array of financial crimes stemming from her time at Alameda.

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In the end, a quick word about VRSC mining profitability on the Orange Pi 5. At the moment the price of VRSC is around $0.40 USD per coin and the current block reward is 6 coins and what you can expect to mine for a day with a single Orange Pi 5 device is around 0.08-0.1 VRSC at the moment. So, let us say you will be making around 4 US cents per day with something like half of that going for the electricity used as a rough estimate… it will take quite a while to even just pay off for the Orange Pi 5 itself. Profitability wise doesn’t make much sense to go for it at the moment, but if you like to play around and experiment with mining, then you are more than welcome to do so with Orange Pi 5 and VRSC mining. Just make sure not to blindly invest into a large-scale mining setups as the daily trading volume of VerusCoin is low and it might not be able to handle it very well and VRSC is already at over 89% of its total supply of coins. So, just be mindful of these things and do have a backup plan for what you can use an Orange Pi 5 for should you decide to stop mining VRSC, the good news is that this device actually has a lot of other possible uses aside from mining VRSC… unfortunately not a lot of viable alternatives in other things to mine with it besides VerusCoin though.Bitcoin Mining Giant Bitmain Halted Employee Salaries Fiatjaf noted that people on Nostr are doing “incredible amounts of zaps,” which could be driving the network’s success. Another factor, he explained, could be custodial wallets—a product that represents a concern for both him and Wouters. Dogecoin creator sold all his coins in 2015 to buy a Honda Civic, DOGE is now bigger than HondaAs the courtroom drama surrounding Sam Bankman-Fried continues to unfold, what is the best crypto to buy now? / Image by cryptonews.comFederal prosecutors dealing with the fraud case against Sam Bankman-Fried are pushing to bar any mention of the defendant's hefty investment in artificial intelligence firm Anthropic during trial proceedings, according to court filings on October 8.As the courtroom drama surrounding Sam Bankman-Fried continues to unfold, what is the best crypto to buy now?Prosecutors argue that Bankman-Fried's $500 million funding of Anthropic, now engaged with Amazon in a multi-billion dollar venture, should hold no bearing on the wire fraud accusations against him.Though Anthropic is currently valued at up to $30 billion, the prosecution says this valuation does not relate to allegations that the former FTX CEO misused customer funds.Introducing evidence related to Anthropic's lucrative business deals could force the trial into a lengthy examination of available assets to repay FTX creditors and customers, prosecutors claim.They contend the focus should remain on compensating FTX users directly harmed by alleged fraud. The legal fight comes shortly after Samuel Reed and Gary Wang, former FTX executives, confessed to various fraud charges connected to their activities with Bankman-Fried.Their testimony exposed that FTX's claimed insurance fund in 2021 was a complete sham, lacking any of the promoted assets. Wang and former Alameda Research CEO Caroline Ellison are slated to appear in court again soon, thrusting the already high-profile case further into the public eye.Experts view the trial as a bellwether for accountability and oversight in the thinly regulated crypto industry. While the sector has seen tremendous growth, cases like FTX demonstrate the severe consequences of abuse and poor safeguarding of customer funds.The outcome of the landmark SBF case will likely shape broader views on the trustworthiness and maturity of cryptocurrency exchanges. It also raises pressing questions about the responsibility of executives to protect user assets and operate transparently, regardless of an organization's success.While SBF's legal issues continue to make headlines, many investors are still looking for lucrative opportunities in the crypto market.For those seeking the best crypto to buy now, Toncoin, Bitcoin Minetrix, Quant, Meme Kombat, and Maker are all worth considering thanks to their strong fundamentals and/or favorable technical analysis.Toncoin (TON) Down 4.25%: Seeking Support at 50-day EMASource: TradingView / TONUSDTThe TON price continues to face selling pressure as the downtrend persists. Toncoin (TON) is down another 4.25% today as bears remain in control. This extends the coin's slide beneath the 20-day EMA of $2.0762, now acting as resistance.With the TON price declining towards the 50-day EMA of $1.9465, bulls are hoping this level will provide support. The key $1.9332 to $1.9835 zone must hold to avoid further losses. This area aligns with the Fib 0.382 level at $1.9837.The technical picture remains bearish at the moment. The RSI reading has fallen to 44.87, down from yesterday's 49.18. This shows fading upside momentum as TON nears oversold levels.Additionally, the MACD histogram now prints at -0.0355. This negative value has grown versus the previous -0.0328 reading, illustrating intensifying bearish momentum.On the volume front, caution is warranted. Despite the TON price dropping, the 24-hour volume has spiked 43.14% to $20.8 million. Rising volume amidst falling prices often precedes extensions lower.To turn the tide, TON needs to overcome resistance between $2.0332 and $2.1023. This area aligns with the Fib 0.5 level at $2.1013 and the 20-day EMA. Reclaiming this zone would put the focus back on the bulls.Until support is confirmed or resistance is broken, the path of least resistance appears lower for the TON price. Traders may look to tighten stops on longs while anticipating a retest of the key $1.9332 to $1.9835 support area. A decisive break lower could open the door to a steeper selloff.Bitcoin Minetrix: A Game-Changer in Cloud Mining. Best Crypto to Buy Now?Crypto prices have been declining in recent weeks, but one new project is bucking the trend. Bitcoin Minetrix, which seeks to offer easy and accessible cloud mining of Bitcoin, has raised over $850,000 from investors in just under two weeks.The forward-thinking startup seeks to tokenize cloud mining, allowing more people to get involved in Bitcoin mining without prohibitive upfront costs. Bitcoin Minetrix will facilitate mining operations and distribute revenues to token holders.In contrast, a rival project called MineLab was launched recently but is already facing scrutiny. MineLab's token saw a massive 10,300% price surge shortly after launch, prompting suspicions.The project has not released an audit of its code or locked its liquidity. Automated auditing tools detected the MineLab contract allows the owner to modify user balances, a significant security risk.Several users have reported their balances being reduced to zero, sparking rug pull concerns. MineLab's website also appears hastily put together, lacking key details on the project.Meanwhile, Bitcoin Minetrix has passed a professional audit showing no major issues. The project lists a physical address in Georgia and locks its liquidity at launch.Bitcoin Minetrix outlines a clear staking model, allowing users to earn passive income from staking rewards and eventual mining revenues.Several prominent crypto influencers have praised Bitcoin Minetrix's well-planned nature, citing its potential to become the best crypto to buy now. They believe it has a strong potential to disrupt cloud mining and predict significant price growth for the cryptocurrency.With the current presale stage ending October 16, Bitcoin Minetrix could sell out all allocated tokens priced at $0.011. The next stage will see the price rise to $0.0111.Staking is already active during the presale, offering APY yields of up to 704% as of writing.Visit Bitcoin Minetrix NowQuant (QNT) Price Prediction: Caught in Sideways Shuffle, Where's the Breakout?Source: TradingView / QNTUSDTQuant (QNT) has continued to trade sideways between $84.50 and $89.60 over the last week. Currently exchanging hands at $87.40, the QNT price is down 0.91% so far today after facing rejection at immediate resistance levels.Reviewing the 20-day and 50-day exponential moving averages (EMAs), we see the 20-day EMA residing at $89.40 while the 50-day EMA sits higher at $93.10. With the faster EMA below the slower one, this reflects the recent bearish momentum and absence of a meaningful uptrend.The RSI of 39.97 indicates the fading bullish sentiment and lack of direction. While not yet oversold below 30, the RSI’s downward trajectory signals waning upside momentum for now.The moving average convergence divergence (MACD) histogram is unchanged at 0.20, aligned with the directionless price action lately. The MACD line remaining below the signal line echoes the momentum deterioration.In terms of volume, the 24-hour amount is $4.2 million versus Quant’s market capitalization of $1.7 billion. The 18% decrease from yesterday's $5.1 million volume paints a bearish picture of dwindling trader interest.Regarding potential support and resistance zones, initial resistance resides between $89.00 and $89.70 based on the 20-day EMA and Fib level. Support is expected around the current swing low area of $84.50 to $86.30.Overall, with the bearish setup of the 20-day EMA below the 50-day EMA, fading upside momentum, and declining volume, the path of least resistance for QNT points is lower currently.However, the first sign of bullish life could emerge if the QNT price can break out above the 20-day EMA resistance around $89.40.This would signify the bulls regaining control and could spark an upside breakout from the recent consolidation. Traders may consider buying once a confirmed break and close above the 20-day EMA occurs in the upcoming days.Get Ready for Meme Madness: Meme Kombat's Decentralized Gaming PlatformThe new decentralized gaming platform Meme Kombat has raised over $400,000 so far in its presale. The startup intends to merge nostalgic gaming with blockchain technology and tap into the popularity of internet memes.The platform will allow users to bet on battles between cartoon meme characters and get rewards for predicting the right outcomes.Meme Kombat plans to feature 11 characters in the first season of battles, with the second season already in development for a 2023 release. The decentralized nature of blockchain is touted to ensure transparency in battle outcomes.The native token for Meme Kombat is $MK, which users can stake to earn passive income. The staked tokens can also be used to place bets on the gaming platform.Meme Kombat is leaning into the growing "gamble-fi" space which combines gambling with decentralized finance. With its meme-based appeal and gamified approach, the project hopes to find a niche in the expanding crypto gaming market.The platform states that the outcomes of each battle will be unpredictable thanks to the use of blockchain technology and AI components. Meme Kombat seeks to keep users engaged by ensuring no two battles have the same result.According to the project's white paper, Meme Kombat will conduct a security audit of its smart contract. The findings of this audit will be made public before the planned launch in Q4 2022.Meme Kombat is the latest contender hoping to parlay the mega-trends of internet humor and crypto adoption into a winning product. Its fundraising pace suggests a major competitor is entering the competitive crypto gaming field.Visit Meme Kombat NowMaker (MKR) Price Outlook: Will Bulls Defend the Support Zone?Source: TradingView / MKRUSDTMKR's impressive rally in September has been met with a downturn in October, with the coin's price dropping by over 13% in the last 10 days. Is this just a short-term dip or indicative of a more substantial market correction?With the MKR price hovering near a key support zone, technical indicators remain mixed regarding the coin's next move. A break below the 20-day EMA and Fib 0.382 support could open the door for further declines. However, oversold RSI readings hint a bounce could be forthcoming.The 20-day EMA for the MKR price currently stands at $1,389, just above the MKR price's current level of around $1,382. Typically, the 20-day EMA acts as an initial support or resistance level. A close below this moving average would likely turn it into resistance on any bounce attempts.The 50-day EMA sits at $1,387, with the MKR price sandwiched between the two key moving averages. This signals indecision in the market, as bulls attempt to hold the 20-day EMA while bears pressure the level. A decisive break below both EMAs could accelerate selling pressure.The RSI on the daily time frame is currently reading 52.32, down from yesterday's 54.77. This shows waning upward momentum but still remains outside oversold territory. There could be room for the RSI to fall further if the selling intensifies.The MACD histogram is printing -16, down from the previous day's -12. The growing negative value reflects building downside momentum, which could foreshadow more declines for the MKR price.The 1.46% drop in market cap to $1.34 billion, coupled with the 48.50% surge in 24-hour volume to $52.56 million, indicates sellers are firmly in control at the moment. Higher volume on down days tends to reflect strong conviction behind the selling pressure.The MKR price is currently testing an immediate support zone between $1,338 and $1,380, where the Fib 0.382 level also resides at $1,363. Bulls need to defend this area to avoid a steeper drop towards the psychological $1,000 level.On the upside, initial resistance lies between $1,533 and $1,600, where the recent swing high is located. Only a decisive break above this area would put the focus back on the bulls.While deeply oversold readings suggest the potential for a reflexive bounce, MKR's technical picture remains fragile below pivotal EMAs. However, a failure to hold the first layer of the Fib 0.382 support level could accelerate the selling.MKR traders may want to wait for a break outside of the $1,338-1,600 range before plotting their next move. In the meantime, employing prudent risk management given the volatile conditions is advised.Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Is It Too Late to Buy Trust Wallet? TWT Token Gains 30% as New Crypto Casino Project Raises $650,000 Make the changes for the pool address (url) and the wallet address (user), the default config has a main pool and a backup pool set, you can actually use these pools too, although we like to go for Luckpool, but you must change the wallet address to your own. After you finish changing hit Ctrl + X and confirm with Y that you want to write the changes. For easier editing you can alternatively use SCP connection with a software such as WinSCP for example that can make it easier to make changes, especially copy and pasting.

Bitcoin is down about 11% in August, just shy of the 13.88% fall seen in the corresponding month in 2022, according to CoinGlass data. The picture does not look very bright for September, either. History shows that every year since 2017, Bitcoin (BTC) has declined in September. Bloomberg Intelligence senior macro strategist Mike McGlone is even more bearish on Bitcoin. While speaking to Kitco News, McGlone warned that in case of a “global economic reset,” Bitcoin could nosedive to as low as $10,000.Daily cryptocurrency market performance. Source: Coin360Although analysts have been giving both bullish and bearish targets, it is better to wait for the price to break out of the range before taking large bets. Typically, after a low-volatility period, the volatility picks up, but it is difficult to predict the direction of the breakout with certainty. Do Bitcoin and the major altcoins show signs of a potential breakout? What are the important levels to watch out for? Let’s analyze the charts to find out.S&P 500 Index price analysisThe S&P 500 Index (SPX) turned down from the moving averages on Aug. 24, but the bears could not sustain the lower levels.SPX daily chart. Source: TradingViewAfter the recovery on Aug. 25, the bulls maintained their buying pressure and pushed the index back to the moving averages. If buyers overcome this roadblock, the index could rally to the overhead resistance zone between 4,607 and 4,650. This zone is likely to witness a tough battle between the bulls and the bears.If the price once again turns down from the moving averages, it will suggest that bears are fiercely defending the level. The pair may then slide to the pivotal support at 4,325. If this level breaks down, the index will complete a bearish head-and-shoulders pattern. That could start a correction toward the pattern target of 4,043.U.S. Dollar Index price analysisThe bulls propelled the U.S. Dollar Index (DXY) above the downtrend line on Aug. 22, signaling that the correction may be over in the near term.DXY daily chart. Source: TradingViewThe bears tried to pull the price back below the level on Aug. 23, but the bulls held their ground. This suggests that the bulls successfully flipped the downtrend line into support. The bulls will next attempt to push the price to 106. The rising 20-day exponential moving average (EMA) at 103 and the relative strength index (RSI) near the overbought territory indicate an advantage to buyers.If bears want to make a comeback, they will have to quickly pull the price back below the downtrend line. If they do that, the index may slide to the 50-day simple moving average (SMA) of 102.Bitcoin price analysisThe bulls and the bears are not taking large bets as Bitcoin continues to trade inside the range between $24,800 and $26,833. BTC/USDT daily chart. Source: TradingViewThe downsloping moving averages and the RSI in the oversold zone indicate that bears are in command. However, sellers may find it difficult to resume the downward move because the bulls are likely to defend the $24,800 level with vigor.If the price rebounds off the support, it will suggest that the BTC/USDT pair may continue its consolidation for some more time. On the upside, a rally above $26,833 will be the first sign of strength. That could push the price to the 50-day SMA ($28,806) and later to $30,000.Contrarily, a break and close below the $24,800 support could start the next leg of the downtrend to $20,000.Ether price analysisEther (ETH) has been trading near the crucial support at $1,626, indicating that the bears have kept up the selling pressure.ETH/USDT daily chart. Source: TradingViewThe failure of the bulls to start a strong rebound increases the risk of a break below $1,626. If that happens, the ETH/USDT pair could plummet to $1,550. This level may attract solid buying by the bulls. If the price turns up from this level but turns down from $1,626, it will signal that bears have flipped the level into resistance. That may start a downtrend toward $1,368. The bulls will have to kick the price above the 20-day EMA ($1,716) to signal a comeback.BNB price analysisBNB’s (BNB) pullback is facing selling at the breakdown level of $220, indicating that the bears are trying to flip the level into resistance.BNB/USDT daily chart. Source: TradingViewA minor positive in favor of the bulls is that they have not given up much ground from $220. This suggests that buyers are keeping up the pressure. The bulls will have to overcome the barrier at the 20-day EMA ($223) to start a relief rally to the resistance line. This level may again witness strong selling by the bears.The first support on the downside is $213. If this level breaks down, the BNB/USDT pair could plunge to psychological support at $200. A break below this level may extend the decline to the next major support at $183.XRP price analysisThe failure of the bulls to push XRP (XRP) to the overhead resistance at $0.56 suggests a lack of demand at higher levels.XRP/USDT daily chart. Source: TradingViewThe weak bounce off $0.50 may attract aggressive selling by the bears. If the $0.50 support gives way, the XRP/USDT pair could drop to the crucial support at $0.41. This level could witness strong buying by the bulls. If the price rebounds off this support, it will suggest that the pair may oscillate between $0.41 and $0.56 for a few more days.Conversely, if the price turns up and breaks above $0.56, it will suggest the start of a sustained recovery. The pair may then climb to the 50-day SMA ($0.64).Cardano price analysis Cardano (ADA) has been swinging inside the narrow range between $0.24 and $0.28 for the past few days. This suggests that the bulls are buying near the support and bears are selling at the resistance level. ADA/USDT daily chart. Source: TradingViewIf buyers propel the price above the overhead resistance at $0.28, the ADA/USDT pair could start a rally to the 50-day SMA ($0.29). This level may act as an obstacle, but if overcome, the pair could shoot to $0.34.The bears are likely to have other plans. They will try to defend the overhead resistance and tug the price to the support of the range at $0.24. If this level breaks down, the pair may slump to $0.22 and eventually to $0.20.Related: Bitcoin traders pinpoint support levels as BTC price taps $26.2KDogecoin price analysisDogecoin (DOGE) has been trading between the strong support at $0.06 and the 20-day EMA ($0.07) for the past few days.DOGE/USDT daily chart. Source: TradingViewThe 20-day EMA is sloping down and the RSI is in the negative territory, indicating that the bears have the edge. Sellers will try to sink the price below $0.06 and further strengthen their position. Time is running out for the bulls. If they want to start a recovery, they will have to quickly drive the price above the 20-day EMA. If they do that, the DOGE/USDT pair could rally to the 50-day SMA ($0.07) and thereafter jump to $0.08.Solana price analysisSolana (SOL) has been gradually drifting lower, indicating that the bears are pouncing on every minor relief rally.SOL/USDT daily chart. Source: TradingViewThe SOL/USDT pair could drop to the Aug. 22 intraday low of $19.35. If this level caves in, the selling could intensify and the pair may dive to $18 and eventually to the next major support at $15.60.Contrary to this assumption, if the price turns up and breaks above $22.30, it will indicate solid buying at lower levels. The pair may first rise to the 50-day SMA ($23.61) and thereafter to the strong resistance at $26.Polkadot price analysisThe bulls are trying to shove Polkadot (DOT) above the overhead resistance at the 20-day EMA ($4.64), but they are likely to encounter stiff resistance from the bears.DOT/USDT daily chart. Source: TradingViewIf the price turns down from the 20-day EMA, it will suggest that the sentiment remains negative and traders are selling on rallies. That could increase the likelihood of a retest of the crucial support at $4.22. If this support crumbles, the DOT/USDT pair may collapse to $4 and later to $3.88.On the other hand, if buyers kick the price above the 20-day EMA, it will suggest the start of a stronger relief rally to the breakdown level of $5. This level could attract selling by the bears.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. The key barrier to the wider usage of stablecoins isn’t therefore the technology’s value proposition, Carrica says. It’s the user experience. “Do I think I’m sophisticated enough to manage that technology or not?” he asks. That’s the big question.” Can you buy crypto without ID or SSN?The first mobile Bitcoin transaction occurred as a Bitcoin Forum member double-compiled Bitcoin on the Nokia N900 mobile computer. Pudgy Penguins NFT collection skyrocketed amidst the 2021 bull run but soon experienced massive price fluctuations until finally, the project IP outright was bought by Luca Netz, a serial entrepreneur, for a whopping $2.5 million in April 2022. The project made further advancements and raised a thumping $9 million in seed funding as of May 2023. The seed funding round conducted by early-stage investment firm 1kx witnessed participation from various crypto-exclusive venture capitals such as Big Brain Holdings, Old Fashion Research, and CRIT ventures.

“I’ve been part of Okcoin for five years. Over the years, we have put a lot of love and passion into our brand and product,” the exec wrote in the post. He added that the platform’s rebranding in key operational jurisdictions will be great for its customers and business. Like ProShares, Bitwise is offering investors choice in how they want to access exposure to ether futures. The company launched its Ethereum Strategy ETF (AETH) and Bitcoin and Ether Equal Weight Strategy ETF (BTOP) on Monday. Can You Buy Bitcoins Anonymously With a Credit Card?Riot Produces 362 #Bitcoin in September 2023 While Continuing to Execute Power Strategy.Read the full press release here: https://t.co/8v798bXwLg ZTX’s Vision for the Future

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