Author: dfmines

Around 12:15am EST Bitcoin moved from 29.9k to 30.8k So what just happened? Apparently around 3000 BTC was moved from huobi to a personal wallet. But i don't think that really would move the price that much. Any theories on what the whales are doing tonight? Looks like one may of just bought a ton…
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Chainlink is onboarding new partners twice as fast in 2021 compared to 2020.

The new exchange-traded fund will focus on environmentally friendly crypto mining infrastructure firms.

Beleaguered Mirror Trading International (MTI) investors have been told to ignore unsolicited offers from individuals claiming to have the ability to trace and recover their missing bitcoins. This warning from the court-appointed liquidators was made after reports emerged that several MTI investors had received such bogus offers from individuals claiming to be agents for cryptocurrency […]

Bitcoin price extended its decline below the $30,000 support against the US Dollar. BTC is finding bids near $29,250 and it might attempt an upside correction. Bitcoin is following a bearish path and it broke the key $30,000 support zone. The price is now trading well below $31,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $31,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a decent upside correction if it remains stable above the $29,250 level. Bitcoin Price Settles Below $30K Bitcoin price extended its decline below the $30,200 and $30,000 support levels. BTC even settled well below the $30,000 level and the 100 hourly simple moving average to move further into a bearish zone. The price even spiked below $29,500 and traded as low as $29,313. It seems like bitcoin is forming a support base above the $29,250 level. An initial resistance on the upside is near the $30,000 level. It is close to the 23.6% Fib retracement level of the recent downward move from the $31,900 swing high to $29,313 low. The first major resistance is near the $30,600 level. It is near the 50% Fib retracement level of the recent downward move from the $31,900 swing high to $29,313 low. Source: BTCUSD on TradingView.com There is also a key bearish trend line forming with resistance near $31,300 on the hourly chart of the BTC/USD pair. In the short-term, bitcoin price might start a decent recovery above $30,000, but it might face barriers near the $31,000 level in the near term. More Losses in BTC? If bitcoin fails to recover above the $30,000 and $30,600 resistance levels, there is a risk of more losses. An initial support on the downside is near the $29,350 level. The first major support is now near the $29,250 zone. A clear downside break below the recent low and $29,250 might call for a move below the $29,000 level. The next key support is seen near the $28,000 level. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is rising and it might soon clear the 50 level. Major Support Levels – $29,250, followed by $29,000. Major Resistance Levels – $30,000, $30,600 and $31,000.

One of the strongest feelings that anyone in our modern world will experience is the overwhelming desire for a financial lightning strike that means you can wake up tomorrow and solve all of your financial problems. This mentality sailed in during the last big crypto bull run and crash, it got a huge boost with…
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MakerDAO plans to complete its roadmap to decentralized governance with the dissolution of its foundation in the coming months.

Griffith will likely spend the next two months in jail before his trial in September.