The Reserve Bank of Zimbabwe remains opposed to cryptocurrencies but is interested in developing its own digital currency, its governor has said. Central Bank Does Not Believe in Cryptos The governor of the Reserve Bank of Zimbabwe (RBZ), John Mangudya, has said his institution is interested in creating a central bank digital currency (CBDC). The […]
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The holiday season is just around the corner, and as we prepare to ring in the New Year, StormGain would like to extend the best wishes of happiness, prosperity, and good cheer to all their valued clients. Of course, that also includes an exciting new opportunity to win extra bonuses and coins on your favourite crypto platform! Upgrade your StormGain account, mine Bitcoin even faster! Here’s how it works. Starting Monday, 6 December, and running until Sunday, 9 January, you can get tickets for a series of four prize draws on StormGain. The winners of these draws will receive a free StormGain loyalty programme status upgrade. As a reminder, the benefits of the loyalty programme include bonus funds on your deposits, lower commissions, and, most importantly, increased StormGain Bitcoin cloud miner speed to earn free BTC! Would you like to experience how it feels to mine Bitcoin at blistering speeds, courtesy of StormGain’s integrated cloud miner? Here’s your chance! As an extra-juicy reward, the final draw will also award free cryptocurrency as top prizes to a select few! How to enter the draw? To get a ticket in the prize draw, all you have to do is make a deposit of 100 USDT and have a trading volume of at least 50K USDT in your account. Multiple deposits can get you multiple tickets with multiple chances to win. The dates and number of places for each draw are as follows: Draw 1 (10 December) – 50 places Draw 2 (17 December) – 100 places Draw 3 (24 December) – 150 places Draw 4 (10 January) – 200 places (+5 places for crypto prizes) Get free BTC, ETH, BCH, LTC and ZEC in the biggest ever crypto giveaway! Crypto prizes, you say? That’s right! StormGain’s giving away free crypto as part of the final draw on 10 January. Last year, StormGain gave away one BTC to the lucky winner of the New Year’s draw. This time, they’re upping the ante and have five different crypto coins up for grabs. Five winners from the final draw will receive one of the following cryptocurrencies: Bitcoin (BTC), current value $58,000 Ether (ETH), current value $4682 Bitcoin Cash (BCH), current value $582 Litecoin (LTC), current value $216 ZCASH (ZEC), current value $227 The prizes are in real crypto, not in USDT equivalent, so you can trade, hold or withdraw your prize coin as you see fit. Only one of each cryptocurrency will be awarded, and only one account status upgrade will be awarded per user. Celebrate the holidays in style with StormGain We all like to give and get a little extra every holiday season, so why not play and go for the prizes over the next few weeks? Whether you’re a new user or an active client, the rules are the same. If you’re not yet a StormGain client, make sure to register in time before the draw to have your chance at the best start to the most versatile crypto platform on the market! JOIN NOW Disclaimer: This is a sponsored post. The content for this article is provided by StormGain. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in sponsored content like the one above.
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Starting December 7, no new requests for power from Bitcoin mining operations will be accepted from the country’s energy utility service.
Ethereum traded above $4,400 before correcting lower against the US Dollar. ETH must stay above $4,150 to start a fresh increase in the near term. Ethereum started a fresh upward move above the $4,200 and $4,250 resistance levels. The price is now trading above $4,200 and the 100 hourly simple moving average. There was a break above a key contracting triangle with resistance near $4,310 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if it stays above $4,200 and the 100 hourly SMA. Ethereum Price Remains Supported Ethereum gained pace above the $4,000 and $4,150 resistance levels. ETH even broke the $4,250 level and settled well above the 100 hourly simple moving average. The price climbed above $4,400 and traded as high as $4,426. It is now correcting gains and traded below the $4,350 level. Ether price declined below the 23.6% Fib retracement level of the recent increase from the $3,901 swing low to $4,426 high. However, the bulls were active near the $4,250 level and the 100 hourly simple moving average. It is now rising and trading above $4,300. There was a break above a key contracting triangle with resistance near $4,310 on the hourly chart of ETH/USD. An initial resistance on the upside is near the $4,350 level. The first major resistance is near the $4,400 level. The next major hurdle is near the $4,520 level. Source: ETHUSD on TradingView.com A clear move above the $4,420 could send the price further higher. In the stated case, the price could drift towards the $4,550 level in the near term. Dips Limited in ETH? If ethereum fails to start a fresh increase above the $4,350 level, it could extend its downside correction. An initial support on the downside is near the $4,300 level. The key support is now forming near the $4,250 level and the 100 hourly simple moving average. If there is a clear break below the $4,250 support, the price could extend losses. The next major breakdown support is $4,150 or the 50% Fib retracement level of the recent increase from the $3,901 swing low to $4,426 high, below which the price could decline towards $4,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now well above the 50 level. Major Support Level – $4,250 Major Resistance Level – $4,400
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