I bought Apecoin after I saw a post talking about how much of a scam it is. I entered at 8 bucks a coin and it's doubled 2 times since I did so. I actually basically threw into that right when Coinbase listed it. I didn't throw a lot of money into it, actually less…
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The first tweet ever sent on Twitter was turned into an NFT and sold by founder Jack Dorsey for $2.9 million, but is pulling about one percent of that in a current auction.
While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top spot in terms of TVL in a defi protocol. Currently, the liquid staking solution Lido has $19.2 billion in staking assets derived from five different […]
Good Evening all! Layer 2s, roll ups, etc – one of their goals is to lower fees for transactions while taking advantage of Ethereum’s Security. From what I understand, before I can use a layer 2, I need to send my ETH to the specific layer 2 and also buy some of their token to…
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submitted by /u/TonathanJavares [link] [comments]
Bitcoin climbed further above the $42,000 level against the US Dollar. BTC is showing positive signs and might rally further above $42,200. Bitcoin remained well supported above the $41,000 and $41,100 levels. The price is now trading above $41,500 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $41,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start a strong upward move if it settles above the $42,000 resistance zone. Bitcoin Price Gains Pace Bitcoin price extended increase above the $41,500 resistance zone. BTC even cleared the $42,000 resistance zone and settled above the 100 hourly simple moving average. A high was formed near $42,235 before the price started a downside correction. There was a move below the $41,500 pivot level. The price even spiked below the $41,000 level, but it found support near the $40,900 level. A fresh base was formed and the price is now back above $41,500. Bitcoin climbed above the 50% Fib retracement level of the recent decline from the $42,235 swing high to $40,900 low. It is now trading above $41,500 and the 100 hourly simple moving average. There is also a key bullish trend line forming with support near $41,725USD pair. An immediate resistance on the upside is near the $41,725 level. Source: BTCUSD on TradingView.com The 61.8% Fib retracement level of the recent decline from the $42,235 swing high to $40,900 low is also near the $41,725 level. The next key resistance could be $42,000. To start a strong upward move, the price must settle above the $42,000 zone and then clear $42,230. If the bulls succeed, the price could rise towards the $43,200 resistance zone. Dips Supported in BTC? If bitcoin fails to clear the $42,000 resistance zone, it could start a downside correction. An immediate support on the downside is near the $41,250 level. The next major support is seen near the $41,000 level and the trend line zone. A downside break below the trend line might send the price to $40,750 or the 100 hourly simple moving average. Technical indicators: Hourly MACD – The MACD is slowly gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $41,250, followed by $41,000. Major Resistance Levels – $41,725, $42,000 and $42,500.
submitted by /u/Phreesion [link] [comments]
Square Enix, the Japanese gaming company, is pressing on with its vision of integrating blockchain elements into its games. In a recent interview, president Yosuke Matsuda talked about the importance of user-generated content and the advantages that allowing this kind of development, as well as introducing blockchain-based self-sustained economies, might bring to the future of […]
submitted by /u/anon43850 [link] [comments]
dYdX said that it is looking at full decentralization to offer its users advantages of DeFi that centralized services can’t.
