Billionaire Russian oligarch says he doesn’t know how to live 3 weeks after being hit with sanctions. Not Your Keys Not Your Coins.
submitted by /u/TheGreatCryptopo [link] [comments]
submitted by /u/TheGreatCryptopo [link] [comments]
Bitcoin started a fresh increase above the $41,000 resistance against the US Dollar. BTC is struggling near $41,500, but it is still above the $40,000 support. Bitcoin is trading well above the $40,000 support zone. The price is trading above $39,800 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $40,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a sharp decline if there is a clear move below the $39,000 support. Bitcoin Price Remains Supported Bitcoin price remained below the $41,500 resistance level. BTC formed a high near $41,470 and is currently moving lower. There was a decline below the $41,000 level. The price also traded below the 23.6% Fib retracement level of the upward move from the $39,311 swing low to $41,470 high. However, the price is still trading well above $39,800 and the 100 hourly simple moving average. It is trading near the 50% Fib retracement level of the upward move from the $39,311 swing low to $41,470 high. There is also a key bullish trend line forming with support near $40,050 on the hourly chart of the BTC/USD pair. Source: BTCUSD on TradingView.com On the upside, the price is facing resistance near the $41,000 level. The next major resistance could be near the recent high or $41,500. A successful break and close above the $41,500 level might start a steady increase. In the stated case, the price might rise towards the $42,000 level. Any more gains might send the price towards the $42,500 level in the near term. Downside Break in BTC? If bitcoin fails to clear the $41,500 resistance zone, it could continue to move down. An immediate support on the downside is near the $40,350 zone. The next major support is seen near the $40,000 level and the trend line. The main support is still near the $39,000 zone and the 100 hourly simple moving average. A downside break below the $39,000 support zone could start a sharp decline. In this case, the price may perhaps decline towards the $37,500 level. 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 – $40,000, followed by $39,000. Major Resistance Levels – $41,000, $41,500 and $42,500.
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed. EU Supervisory Authorities Warn About the Danger of Investing in Crypto Assets Three European Supervisory Authorities (ESAs) issued a joint statement warning […]
submitted by /u/Baablo [link] [comments]
I've been lurking around this sub for some time, slowly gaining more knowledge about what to expect from ethereum in the future. However, as people that believe cryptocurrencies, blockchain and smart contracts are here to stay, where could we further our expertise? What books or resources would best legitimize knowledge about this field? submitted…
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Koa aims to help Ghanian farmers increase their pay while allowing cocoa consumers know exactly where their beans have come from.
Layer 2 scaling solution Optimism, has secured $150M in funding which it will use to hire new developers and decrease fees on the Ethereum network.
submitted by /u/RageQuitMosh [link] [comments]
Every time someone points to crypto as the main culprit in Russian oligarch money moves you can mention this little ditty. "A Russian oligarch moved $1.3 billion worth of shares to an offshore tax-haven the day he was sanctioned, filings suggest" https://www.businessinsider.com/russian-oligarch-alexei-mordashov-tui-shares-tax-haven-sanctions-bvi-2022-3 In a nutshell — company controlled by Russian oligarch Mordashav, moves shares to…
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