F1's Daniel Ricciardo cruises into crypto at Token2049
Formula 1 driver Daniel Ricciardo cruises into crypto as OKX performs a first-ever livery takeover of McLaren’s racing cars ahead of the Singapore and Japanese Grand Prix.
Formula 1 driver Daniel Ricciardo cruises into crypto as OKX performs a first-ever livery takeover of McLaren’s racing cars ahead of the Singapore and Japanese Grand Prix.
The governor of France’s central bank, François Villeroy de Galhau, has urged EU regulators to “avoid adopting diverging or contradictory regulations, or regulating too late.” He warned that “To do so would be to create an uneven playing field, risking arbitrage and cherry picking.” French Central Bank Governor Warns About Adopting ‘Unduly Complex’ Crypto Regulations […]
Speaking with Cointelegraph, Circle’s vice president of Product Joao Reginatto emphasized that devs soon won’t care what blockchain they build on, as interoperability will be key.
This week, MANA showcased a slew of 2.5% gains. EMAs are also moving above Decentraland’s token’s price. MANA price tallies 2.5% gains MACD looks flat and not showing any bullish sign Decentraland market cap at $1.29 billion At this point, MANA’s price is close to its lowest for 2022. The bears are eyeing a new low for the year while also trying to get on top of the costs below the range of $1.0. Sometime in August, MANA’s price plunged which negatively impacted buyer expectations especially as the coin is still getting massive rejections resulting from the trend reversal. Related Reading: Fantom Surprises With 5% Rally In Last 24 Hours – More Gains Ahead? MANA Price Down In Market Value According to CoinMarktCap, MANA price has nosedived by 3.04% or trading at $0.6949 as of press time. MANA price has depreciated in market value, prompting the bulls to wait for the next big wave or a confirmation of a trend reversal before moving to consolidate into long positions. From July to August, MANA appeared to have allowed the bulls’ entry but has failed to offshoot above the $1.0 price level. With that being said, the key resistance level has been marked at $1.0 while the support zone is at $0.64. Evidently, MANA/BTC has also dropped by 2.9%. After MANA’s price dipped below the 200-day EMA as seen on April 5, 2022, MANA has retreated further since then. On the other hand, all the other EMAs such as 20, 50, 100, and 200 are doing great as they sprint above the current price. The buyers are trying to push the price near the 20-EMA. MANA’s RSI shows a spike from the lower regions. This climb validates the optimistic outlook for the token. Meanwhile, the MACD is looking flat into the negative range as seen in the daily price chart. MACD Shows No Trace Of Bullish Momentum The MACD is not demonstrating any bullish momentum as both the trendlines are moving over the neutral range. RSI is looking bullish as the MANA bulls shoot for a slight bounce above the 20 EMAs. On the other hand, the key support level is near the current levels which means the bears can attempt to short-cover at the earliest possible time. Decentraland is said to be one of the few cryptos that buyers and traders should have on their active wallets, with its huge market cap of over $1.29 billion as of this writing and circulating supply that surpasses that of Bitcoin by at most 100 times. Many blockchain-based or NFT games have aspired for decentralization but it seems Decentraland remains to be one of the few that are ambitious enough to make it happen. Related Reading: BNB Price Watch: The Charts Look Good For Traders – More Green On The Plate? BTCUSD pair breaks past $19K border, trading at $19,445 on the daily chart | Source: TradingView.com Featured image from Smart Valor, Chart: TradingView.com
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Bitcoin found a strong buying interest near $18,500 against the US Dollar. BTC is recovering and there could be a fresh increase above the $20,000 resistance. Bitcoin remained stable and the bulls again protected the $18,500 support zone. The price is trading above $19,000 and the 100 hourly simple moving average. There is a short-term channel forming with support near $19,280 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh rally if there is a clear move above the $19,650 resistance zone. Bitcoin Price Holds Key Support Bitcoin price declined heavily from well above the $20,000 pivot level. BTC dropped below the $19,000 level, but the bulls were active near the $18,500 support zone. It seems like the price is well supported near the $18,500 zone and there are multiple rejections visible around the same area. The price is now rising and there was a move above the $19,000 resistance zone. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $20,383 swing high to $18,487 low. Bitcoin price is now trading above $19,000 and the 100 hourly simple moving average. There is also a short-term channel forming with support near $19,280 on the hourly chart of the BTC/USD pair. On the upside, an immediate resistance is near the $19,600 level. The next major resistance sits near the $19,650 zone. It is close to the 61.8% Fib retracement level of the downward move from the $20,383 swing high to $18,487 low. Source: BTCUSD on TradingView.com A close above the $19,650 level might start a fresh increase. In the stated case, the price could rise towards $20,000. Any more gains might lead the price higher towards the $20,500 resistance zone. Another Decline in BTC? If bitcoin fails to recover above the $19,650 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $19,280 zone and the channel trend line. The next major support is near the $19,200 zone and the 100 hourly SMA. The main support is near $19,000. Any more losses might call for a drop towards the $18,500 support zone in the coming sessions. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $19,200, followed by $19,000. Major Resistance Levels – $19,650, $20,000 and $20,500.
The commissioner said the potential of blockchain and cryptocurrency to change existing markets necessitates a new retail investor protection office similar to that of the SEC.
The project will connect SWIFT’s network to nearly every blockchain to allow traditional finance players access to digital and traditional assets on the one network.
Hey folks 👋 great to meet you. My name is Brady Gentile; I'm a contributor of the Hedera project (EVM, open source, public L1 network). I'm sourcing product / developer feedback for a JSON-RPC implementation (enables Truffle, Hardhat, Ethers, etc.) on Hedera — our goal is to create an incredible developer experience for building Smart…
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long time crypto supporter, ran multiple nomp pools a few years ago for up and coming coins, what ETH has done with PoS is fully against the ideology of most crypto supporters including my own. Crypto should be easily accessible to all, ETH has now limited its own customer base by only allowing large financial…
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