Author: dfmines

Fears about the stock market and Tether’s reserves have also led some to believe the Bitcoin price could be in trouble.

The U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin issuers are offered the same privileges as regulated banks. US Treasury Department Report: Stablecoins Regulation Is Urgently Needed The rise of stablecoins within the crypto ecosystem serves as a glaring reminder that cryptocurrencies and blockchain technology […]

Is there a website to check the latest Ethereum NFT gas prices? submitted by /u/lencl [link] [comments]

So let's say you found a small market cap gem and there is no way this project won't make x100 . So you put $10k and you will end up with $1M in a year or two. Easy. Unless you're coming from money, $10k is a large sum, and putting it on a high risk…
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Crypto is literally barely a decade old and the whole four year cycle thing could easily be a coincidence. Why is everyone just waiting for the prices to dump instead of focusing on industry growth. I just think with how volatile and reactive the market is how can that be a “cycle,” where would btc…
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PRESS RELEASE. If You ever heard of CryptoPunks and always wanted to create an NFT yourself – now it’s Your time! Create 888 unique Martians! Collaboration of Mars4 and Sketchar announces exclusive Martians888 Art Contest. Open up your inner Leonardo da Vinci to create a one-of-a-kind Martian avatar. Best 888 Martian NFT avatars will form […]

Ethereum started a downside correction below $4,700 against the US Dollar. ETH is recovering, but it must clear $4,720 to start a fresh increase in the near term. Ethereum started a downside correction below the $4,750 and $4,650 levels. The price is now trading below $4,700 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $4,720 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $4,500 support zone. Ethereum Price Eyes Fresh Increase Ethereum failed to settle above $4,700 level and started a fresh decline. ETH price declined below the $4,650 support level to move into a short-term bearish zone. There was also a break below $4,550 and the 100 hourly simple moving average. However, the bulls appeared near the $4,450 support zone. Besides, there was a break below a key bullish trend line with support near $4,720 on the hourly chart of ETH/USD. A low is formed near $4,452 and the pair is now recovering losses. It cleared the $4,500 resistance zone. Ether is now trading above the 23.6% Fib retracement level of the recent decline from the $4,866 high to $4,452 low. An initial resistance on the upside is near the $4,660 level. The 50% Fib retracement level of the recent decline from the $4,866 high to $4,452 low is near the $4,660 level. The 100 hourly SMA is also near the $4,680 level. The next major resistance is near the $4,700 level. Source: ETHUSD on TradingView.com A close above the $4,700 level could spark a sharp increase in the near term. In the stated case, the price might rise towards the $4,850 level. Any more gains could lift the price towards the next key hurdle at $5,000. Dips Limited in ETH? If ethereum fails to continue higher above the $4,660 and $4,700 resistance levels, it could start a fresh downside correction. An initial support on the downside is near the $4,500 level. The first key support is now forming near the $4,450 level and the recent low. A downside break below the $4,450 support might push the price below the $4,300 support. The next key support is near $4,200. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is now near the 50 level. Major Support Level – $4,450 Major Resistance Level – $4,700

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