Michael Saylor: “The Implicit Endorsement Of Bitcoin By Major Banks And Regulators Is Going To Accelerate The Collapse Of Gold And The Rise Of Bitcoin”
submitted by /u/UnfilteredVoice [link] [comments]
submitted by /u/UnfilteredVoice [link] [comments]
Hey Guys, To be clear – I like CoinBureau. Till now, he was the best source of unbiased info about crypto and blockchains for me, but his last video "SOLANA vs. ALGORAND" made me think about it. Link to video – Solana vs. Algorand I like both chains, I hold bags of both and I…
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submitted by /u/C4-PO [link] [comments]
Less than a year since i started in crypto so sorry if this a dumb question. Sooo i understand that in case my cellphone gets stolen or is wrecked i can always restore my GA with the recovery key that was provided to me when i first set it up. So i did a test,…
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Blockchain-based games and NFT trading were the driving force behind dapp adoption during Q3, according to defi insight platform Dappradar. In its Dapp Industry Report: Q3 2021 Overview, Dappradar states that the importance of these new activities in the crypto industry rose dramatically, making the space more diversified and competitive in the process. Defi also […]
submitted by /u/EnlightenedErudition [link] [comments]
submitted by /u/Funkoma [link] [comments]
One of the criticism people levy against crypto is that it is used for criminal activities, but how can criminals use blockchain when every transaction is public? Every transaction, every from and to address involved are all there on the blockchain…so how can it be a good medium for criminals? I would think criminals would…
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Ethereum extended its rally towards the $3,650 level against the US Dollar. ETH price is correcting gains, but dips are likely to remain limited below $3,500. Ethereum started a fresh increase above the $3,600 resistance level. The price is now trading above $3,500 and the 100 hourly simple moving average. There was a break below a contracting triangle with support near $3,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase as long as it is above the $3,500 level. Ethereum Price Remains Supported Ethereum remained in a positive zone above the $3,500 resistance zone. ETH was able to climb above the $3,600 level and the 100 hourly simple moving average. The price even spiked above the $3,600 level, but there was no upside continuation. Ether traded as high as $3,652 before it started a downside correction. There was a break below the $3,600 level. The price traded below the 23.6% Fib retracement level of the upward move from the $3,343 swing low to $3,652 high. There was also a break below a contracting triangle with support near $3,580 on the hourly chart of ETH/USD. The price is now consolidating near the $3,550 level. An immediate resistance on the upside is near the $3,580 level. The first major resistance is near the $3,600 level. Source: ETHUSD on TradingView.com The next major resistance is near the $3,650 level, above which the price might accelerate higher. In the stated case, the price may possibly rise towards the $3,700 level. The next key resistance could be $3,800. Any more gains could lead the price towards the $3,880 level. Dips Limited in ETH? If ethereum fails to continue higher above the $3,600 and $3,650 resistance levels, it could extend its decline. An initial support on the downside is near the $3,550 level. The first key support is now forming near the $3,500 level and the 100 hourly simple moving average. It is close to the 50% Fib retracement level of the upward move from the $3,343 swing low to $3,652 high. Any more losses could lead ether price towards the $3,450 support zone. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly moving in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $3,500 Major Resistance Level – $3,650
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