Author: dfmines

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

I just turned 21 a week ago today. I’ve been investing in crypto for just about a year now, but more seriously the past 7 or so months. No I’m not investing significantly large amounts of money, but I am allocating a fair percentage of my income into crypto. Why? Because buying a house, owning…
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Don't get me wrong. If I could go back in time to November ATHs and sell everything, I definitely would. But obviously that is impossible. What's frustrating is how the market has dropped quite a bit to the point where it's not feasible to take profits, but the uncertainty also makes buying the dip foolish.…
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Cryptocurrency exchange Binance has restricted 281 Nigerian user accounts. Citing user security and fraud prevention, CEO Changpeng Zhao explained that “approximately 38% of these cases [are] restricted at the request of international law enforcement.” 281 Nigerian Accounts Restricted by Binance, CEO Says 79 Cases Have Been Resolved Cryptocurrency exchange Binance has sent a letter to […]

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

will it just get lost or is it a good amount submitted by /u/Trixteri [link] [comments]

Bitcoin struggled to clear the $38,800 resistance zone against the US Dollar. BTC is moving lower and might decline below the $35,000 support level. Bitcoin started an upside correction but failed to clear the $38,800 resistance zone. The price is now trading below $37,500 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $37,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move down if it stays below the $38,000 resistance zone. Bitcoin Price Starts Fresh Decrease Bitcoin price recovered above the $37,000 resistance zone. BTC even climbed above the $38,000 resistance zone and the 100 hourly simple moving average. However, the price failed to clear the $38,800 resistance zone. A high was formed near $38,719 and the price started a fresh decline. There was a move below the $38,000 support level. The bears pushed the price below the 50% Fib retracement level of the upward move from the $35,561 swing low to $38,719 high. Besides, there was a break below a key bullish trend line with support near $37,650 on the hourly chart of the BTC/USD pair. The pair traded below $37,200 and the 100 hourly simple moving average. It is now testing the $36,800 support zone. The stated level is near the 61.8% Fib retracement level of the upward move from the $35,561 swing low to $38,719 high. On the upside, an initial resistance is near the $37,400 level and the 100 hourly SMA. Source: BTCUSD on TradingView.com The first major resistance is near the $38,000 zone. The main resistance is still near the $38,800 zone. An upside break above the $38,800 resistance could start a steady upward move. The next key resistance is near the $40,000 level, above which the bulls might gain strength. More Losses in BTC? If bitcoin fails to start a fresh increase above $38,000, it could continue to move down. An immediate support on the downside is near the $36,000 zone. The first major support is seen near the $35,500 zone. A downside break below the $35,500 support zone may perhaps push the price towards the $34,000 support 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 now below the 50 level. Major Support Levels – $36,500, followed by $35,500. Major Resistance Levels – $37,400, $38,000 and $38,800.

submitted by /u/j8o34iv9ok [link] [comments]

The slated integrations with Bitcoin and Ethereum would displace the need to use a bridge, which can open the network up to malicious actors.