Author: dfmines

submitted by /u/N0tMac [link] [comments]

The console’s creators say it will be compatible with eight blockchains and have its own digital wallet, token, and marketplace, with a prototype coming in “a few months.”

Despite the gloomy macro forecasts, some of crypto’s leading pundits view the recent macroeconomic-catalyzed crypto market crash as an overall positive sign for the industry.

Bitcoin gained pace and cleared the $19,500 resistance against the US Dollar. BTC is now facing resistance and might correct lower to $19,500 in the short-term. Bitcoin gained pace above the $19,500 and $19,600 resistance levels. The price is now trading above the $20,000 level and the 100 hourly simple moving average. There was a move above a key bearish trend line with resistance near $19,460 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair tested the $20,500 resistance zone and might correct in the short-term. Bitcoin Price Gains Pace Bitcoin price formed a base above the $18,720 support zone. As a result, BTC started a decent increase and broke the $19,500 resistance zone. There was a clear move above a key bearish trend line with resistance near $19,460 on the hourly chart of the BTC/USD pair. The price even broke the $20,000 resistance and settled above the 100 hourly simple moving average. Bitcoin climbed above the 76.4% Fib retracement level of the key drop from the $20,500 swing high to $18,735 low. However, the bulls struggled to pump the price above the $20,500 resistance zone. A high is formed near $20,450 and the price is consolidating gains. It is trading above the 23.6% Fib retracement level of the recent increase from the $18,738 swing low to $20,450 high. On the upside, the price is facing resistance near the $20,450 and $20,500 levels. Source: BTCUSD on TradingView.com The next key resistance is near the $20,920 zone. A clear move above the $20,920 resistance zone could push the price further higher. In the stated case, the price could rise towards the $21,500 level. The next major resistance sits near the $22,200 level. Fresh Decline in BTC? If bitcoin fails to clear the $20,500 resistance zone, it could start another decline. An immediate support on the downside is near the $20,000 level. The next major support now sits near the $19,600 level or the 50% Fib retracement level of the recent increase from the $18,738 swing low to $20,450 high, below which the price could decline heavily. In the stated case, the price may perhaps drop towards the $18,720 level. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now well above the 50 level. Major Support Levels – $20,000, followed by $19,500. Major Resistance Levels – $20,500, $20,920 and $21,500.

One month ago, I posted that we had reached the lowest RSI level in a decade. I indicated this was the beginning of the most ideal time to DCA. The original post is still up. Many people thought this was a decent analysis. Many thought it was rubbish. Some people call TA garbage. Make up…
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So I guess there is a malware on my pc that is secretly replacing the values of crypto addresses when being entered, but different from other clipboard hijacking malware. This malware doesn't visibly change the text of the address that I paste (or type), the address that I copied is actually entered. But when I…
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Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to plummet.

Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest figure at just $4.9 million.

Not sure of the exact time it changed but I know it was recently. Just looking at my profile now I noticed ETH staking rate is now only 3.25%. This is a drop from the 3.67% it was for the last few months. I wonder how much the apy will drop before we get access…
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Peter Schiff-owned Euro Pacific Bank has been suspended by Puerto Rico’s financial regulator. Schiff claims that there’s “no evidence of crimes,” warning that “accounts are frozen and customers may lose money.” Puerto Rico’s Regulator Suspends Peter Schiff’s Bank Euro Pacific Bank, owned by notorious bitcoin skeptic and gold bug Peter Schiff, has been suspended by […]