Author: dfmines

Ethereum is one of the most widely used blockchains in the crypto space. An increasing number of users enter the network each day. Amidst this, there have always been growing concerns about ETH fee rates. Fee rates have usually gone up in times of high network congestions. But recently, with the growing popularity of NFTs,…
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Bitcoin price broke the key $50,000 resistance zone against the US Dollar. BTC could continue to rise and it might soon clear the $52,000 resistance. Bitcoin started a fresh increase above the $49,500 and $50,000 resistance levels. The price is now trading above $50,500 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $50,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could dips a few points, but it could soon attempt a move above $52,000. Bitcoin Price Rallies Above $50K Bitcoin price formed a support base near the $49,500 level and started a fresh increase. BTC broke the key $50,000 resistance zone and the 100 hourly simple moving average to move into a positive zone. There was also a break above a major bearish trend line with resistance near $50,000 on the hourly chart of the BTC/USD pair. The pair climbed higher nicely above the $51,000 and $51,500 levels. It traded close to $52,000 and a high is formed near $51,950. Bitcoin is now consolidating below the $52,000 resistance. An initial support is near the $51,500 level. The next support could be the 23.6% Fib retracement level of the upward move from the $49,512 swing low to $51,950 high. Source: BTCUSD on TradingView.com The main support is now forming near the $50,600 level. It is close to the 50% Fib retracement level of the upward move from the $49,512 swing low to $51,950 high. If there is a downside break below the $50,600 support zone, the price could extend its decline. In the stated case, the price could test the $50,000 support and the 100 hourly SMA. More Upsides In BTC? If bitcoin stays above the $50,600 support zone and the 100 hourly SMA, it could rise further. An immediate resistance on the upside is near the $51,950 level. The first major resistance is near the $52,000 level. A close above the $52,000 level could pump the price further in the near term. The next major hurdle for the bulls could be near the $53,200 zone. Technical indicators: Hourly MACD – The MACD is losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is in the overbought zone. Major Support Levels – $51,350, followed by $50,600. Major Resistance Levels – $51,950, $52,000 and $53,200.

Akon City, the ambitious ideas for a pan-African crypto-powered smart city in Senegal from rapper Akon, has not progressed past the laying of a ceremonial stone in 12 months.

https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/1404493212742211142033273494004192573790813932318193404368851222362182385665 ​ ​ https://preview.redd.it/wln5l42tqsl71.jpg?width=3000&format=pjpg&auto=webp&s=691f11215fa08f0cc53eb8ddb0a1946d501890d9 submitted by /u/KingCroquette [link] [comments]

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

Bloomberg Intelligence senior commodity strategist Mike McGlone has affirmed his bitcoin price prediction of $100K, seeing $5K for ethereum as the path of least resistance. He expects the crypto market to thrive in a “refreshed bull market.” Cryptocurrencies Poised to Thrive, Bull Market Revived Commodity strategist Mike McGlone discussed his price predictions for bitcoin and […]

TO: Logan F CC: Ravenites Thanks for sharing your proposal on Revencoin reddit. Me personally I have a serious SERIOUS PROBLEM with any coin that has an ICO/IPO that is not backed by any real asset in real life (Tangible). The ICO/IPO was supposed to raise funds to companies from the general public (besides taxes…
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so what's the scam? I can't figure it out unless I'm being targeted specifically for some reason. I've been approached three times recently to buy an ETH address that i posted in twitter giveaways. It's my throwaway address with a bunch of worthless shitcoins and a small amount of ETH (<$100 USD), that's I've had…
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