Bitcoin's network mining difficulty has risen by more than 9%, marking the biggest difficulty adjustment since last summer. 

The post Bitcoin network difficulty jumps more than 9% to new all-time high appeared first on The Block.

Bitcoin started a strong decline from the $43,500 resistance against the US Dollar. BTC remains at a risk of more downsides below the $39,200 support. Bitcoin started a major decline after it failed to clear the $43,500 resistance. The price is still trading below $41,000 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $42,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move down if there is a break below the $39,200 support. Bitcoin Price Declines Heavily Bitcoin price gained pace for a move above the $42,500 level. However, BTC struggled to gain pace for a move above the $43,500 resistance zone. A high was formed near $43,497 before the bears appeared. As a result, there was a fresh decline below the $42,000 support level and the 100 hourly simple moving average. Besides, there was a break below a major bullish trend line with support near $42,000 on the hourly chart of the BTC/USD pair. There was a fresh decline below the $41,200 support zone. Bitcoin even declined below the $40,000 support zone. A low is formed near $39,261 and the price is now consolidating losses. On the upside, an initial resistance is near the $40,250 level. It is near the 23.6% Fib retracement level of the recent decline from the $43,497 swing high to $39,261 low. The first major resistance is near the $40,500 level. An upside break above the $40,500 resistance could start a steady recovery wave towards $41,200. Source: BTCUSD on TradingView.com The next key resistance is near the $41,200 level, above which the bulls might aim a test of $42,500. Any more gains may perhaps call for a move towards the $43,500 resistance zone. Fresh Drop in BTC? If bitcoin fails to start a fresh increase above $40,500, it could start a fresh decline. An immediate support on the downside is near the $39,500 zone. The first major support is seen near the $39,200 zone. A downside break below the $39,200 support zone may perhaps spark another major decline. The next major support is near $38,500, below which the price could even decline below the $38,000 zone. 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 in the oversold zone. Major Support Levels – $39,500, followed by $39,200. Major Resistance Levels – $40,250, $40,500 and $41,200.

One Ethereum miner could be the luckiest in the space, as he single-handedly mined an entire ETH block and earned himself a cool reward of 168 ETH worth roughly $500,000.

The post How one Ethereum miner earned over $500k in block rewards appeared first on CryptoSlate.

Crowdfunding has been around for some time now, and although it has been a hard time for some projects to gain funds, bitcoin could be the answer. Let’s look at the root of the troubles and how crypto could potentially address them. Related Reading | Downward DOGE: Descending Dogecoin Pattern Predicts Deadly Drop The In’s and Outs… Crowdfunding is a practice where you can donate money – including cryptocurrencies such as Bitcoin, Litecoin, and more cryptocurrencies – to projects, associations or people to develop ideas. It is a very powerful mechanism and tool for innovation and supporting social enterprises. Different platforms, such as Kickstarter and Indiegogo have not taken their foot off the brakes; the web 2.0 crowdfunding movement, which has led to the creation of several billion-dollar tech startups, like Oculus, and raised millions of dollars for thousands of causes, is ripe for development. Crypto crowdfunding has the potential to be a network that connects people and their ideas. Today, crowdfunding is dramatically narrowed by its reliance on legacy finance, which limits the vast majority of the world from accessing it. Although this is good in theory, and has worked thus far, the major issue is the reliance on the legacy financial infrastructure, that is not only costly but globally fragmented. BTC: Bitcoin bouncing back after hitting all time high in November 2021. | BTC:USD tradingview.com Most crowdfunding platforms are only found in 30 countries. To date, the costs of operating crowdfunding in this network are very high, due to the many mediating third parties involved. The average crowdfunding platform charges a 7% fee per successful project. Could crypto’s aggressive transaction fees beat out traditional competitors? Crowdfunding & Crypto: A Pair Of Aces… Many platforms have had a hard time with the tight reliance of legacy financial infrastructure; this has made some crowdfunding platforms move over to the “web 3.0” model. One big example is Kickstarter, who has decided to move from its reliance on Stripe to creating its own crowdfunding protocol on other blockchains. This may make sense for equity-based crowdfunding, which can enable the platform and it’s users to invest in new companies and their ideas. A prime example of these worlds coming together was just last year with Bitcoin Smiles, which raised roughly 1.8 BTC. Bitcoin Smiles was an initiative aiming to raise funds and provide free dental care to impoverished people living in rural areas of El Salvador. Another project that can be used as an example is Kivéclair, a development project that educates people about bitcoin in the Democratic Republic of the Congo. Although these are only few examples of early crowdfunding in crypto, these do provide a valid source and hope that bitcoin can still rally through its community of caring bulls and bears. Related Reading | Bitcoin Millionaires Are Flocking To This North American Tax Haven. But What Do The Locals Think? Featured image from Pexels, Charts from TradingView.com The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.

DUBLIN–(BUSINESS WIRE)–The “Micro-Electromechanical Systems (MEMS) – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering. Global Micro-Electromechanical Systems (MEMS) Market to Reach US$16.9 Billion by the Year 2026 Amid the COVID-19 crisis, the global market for Micro-Electromechanical Systems (MEMS) estimated at US$11.5 Billion in the year 2020, is projected to reach a […]

The post Global Micro-Electromechanical Systems (MEMS) Market Trajectory & Analytics Report 2022 – ResearchAndMarkets.com appeared first on Fintech News.

Camardo to lead Company’s transition to a commercial-stage company CLEVELAND–(BUSINESS WIRE)–$ATHX #Athersys–Athersys, Inc. (Nasdaq: ATHX), an international, late-stage, regenerative medicine company, announced today the appointment of Daniel A. Camardo as the Company’s Chief Executive Officer, effective February 14, 2022. Mr. Camardo is a senior pharmaceutical and biotech executive with more than 25 years of commercial […]

The post Athersys Appoints Experienced Commercial Leader, Daniel A. Camardo, to Chief Executive Officer appeared first on Fintech News.

Tonga’s Fuaʻamotu International Airport outside the capital of Nukuʻalofa has reopened after a massive volcano on the weekend…

Known as the ‘King of NFTs’ and the world’s leading entertainment NFT network, Worldwide Asset eXchange (WAX) will be celebrating its major milestones with a record-breaking 10 million NFT drop to WAX blockchain accounts.

The post WAX announces a historic 10 million NFT drop to its blockchain accounts appeared first on CryptoSlate.

JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum […]

Shares of the Grayscale Bitcoin Trust (GBTC) hit record lows against net asset value.

The study’s subjects were tasked to smoke cannabis flower with various ratios, which were randomly assigned. These included 24% THC and 1% CBD, 23% CBD and 1% THC, as well as flowers that had almost equal ratios of each, 10% THC and 9% CBD. After an hour, the researchers measured their effects. They found that the patients who smoked the THC dominant cannabis and those who smoked nearly equal ratios and those who smoked the flowers with almost equal ratios experienced similar positive benefits. The difference was that the participants who consumed samples with nearly equal ratios reported less negative side effects including paranoia and anxiety.

The U.S. Legal Jobs Market Continues Unprecedented Growth in 2022 as Number of Available Legal Jobs Grows to a Record 12,000 Positions

(PRWeb January 21, 2022)

Read the full story at https://www.prweb.com/releases/leopard_solutions_legal_jobs_reaches_all_time_high_of_12_000_open_and_available_jobs/prweb18451979.htm