Ethereum’s co-founder says he’s done with crypto because it’s too risky – and only represents a small bit of what the world needs | Currency News | Financial and Business News

Anthony Di Iorio, co-founder of ethereum. Decentral Anthony Di Iorio, a co-founder of the ethereum blockchain, is wrapping up his time in the cryptocurrency world due to personal safety concerns, and because he no longer wants to be known as the “crypto guy.” He recently told Bloomberg he wasn’t too encouraged by the risk profile attached to the industry. “I don’t feel necessarily safe in this space,” he said. “If I was focused on larger problems, I think I’d be safer.” The 48-year-old… Source link

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Bitcoin and Ethereum – Weekly Technical Analysis – July 19th, 2021

Bitcoin Bitcoin, BTC to USD, fell by 7.09% in the week ending 18th July. Following a 2.93% loss from the previous week, Bitcoin ended the week at $31,820.0. In a mixed start to the week, Bitcoin rose to a Monday intraweek high $34,655.0 before hitting reverse. Falling short of the first major resistance level at $35,662, Bitcoin slid to a Friday intraweek low $31,044.0. Bitcoin fell through the first major support level at $32,445 before briefly revisiting $32,450 levels. Coming up against the… Source link

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Mike Tyson Fuels The Bitcoin Vs. Ethereum Debate

Boxing legend Mike Tyson spurred a full-on cryptocurrency debate that attracted advocates of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and other altcoins. What Happened: The former heavyweight champion asked on Twitter Inc’s (NYSE:TWTR) platform “Which do you prefer, BTC or ETH?”  See Also: How To Buy Ethereum (ETH) Jack Dorsey, CEO of Twitter and Square Inc (NYSE:SQ) pitched for the apex cryptocurrency. https://t.co/0j3aZAXcwp — jack (@jack) July 18,… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 19th, 2021

Ethereum Ethereum fell by 0.44% on Sunday. Partially reversing a 1.20% gain from Saturday, Ethereum ended the week down by 11.67% to $1,891.46. A mixed start to the day saw Ethereum rally to an early morning intraday high $1,994.40 before hitting reverse. Ethereum broke through the first major resistance level at $1,929 and the second major resistance level at $1,959. Falling short of $2,000 levels, however, Ethereum slid to a late afternoon intraday low $1,878.67. Steering clear of the first… Source link

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XMR’s resilience shows promise for the bulls

The Monero price is finding its feet and showing encouraging signs of turning higher. If XMR can clear $234, a run at $300 could be on the cards. Monero is last trading at $203.20, higher by $5.342 (+2.79%). Privacy coin Monero has lost just 4% over the last seven days despite many of the top 20 cryptos suffering much larger declines. This is certainly encouraging and reinforces its potential in the face of concerted government crackdowns on cryptocurrencies. Monero’s obfuscated public… Source link

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Monero’s long-term may be sorted, but what about its short-term?

Monero [XMR], the market’s leading privacy coin, has seen its fair share of ups and downs this year. The altcoin massively rallied during the initial few months of the year, hit its local 3-year high in May, and commenced its downfall right after that. At the time of writing, XMR’s state was quite congruent to the state of other altcoins struggling to shield themselves from broader market corrections. With Bitcoin prolonging its stay in the rangebound zone, looks like alts, especially… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – July 17th, 2021

Ethereum Ethereum fell by 2.18% on Friday. Following a 3.81% slide on Thursday, Ethereum ended the day at $1,877.22. A mixed start to the day saw Ethereum rise to an early morning intraday high $1,965.35 before hitting reverse. Falling short of the first major resistance level at $2,012, Ethereum slid to a late morning intraday low $1,850.15. Ethereum fell through the first major support level at $1,852 before briefly revisiting $1,940 levels. A bearish end to the day, however, saw Ethereum slide… Source link

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Litecoin price still distracted, but there may be light at the end of the tunnel for LTC

Litecoin price downside momentum slows, forming a falling wedge pattern. LTC is currently down -8% for the week and is trading below the strategically important 50-week simple moving average (SMA). 78.6% Fibonacci retracement of the 2020-2021 advance is recognizable support if selling persists. Litecoin price has failed to hold the support granted by the 50-week SMA, creating another touch on the upper resistance line of the falling wedge. The failure to stick at the… Source link

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