Why the fuck do yall want CEXs to fail? as if crypto transfers arent complicated enough already. You want "decentralization" but you are in for the money, what a paradox. No one will give a shit about crypto if there isnt any on/off ramp to FIAT. You would just simply praise your cold/hot wallet of…
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2022 has been a brutal year for crypto. The media, politicians and normies have had a field day mocking us given all the failures we have seen. What these people fail to understand many of them because they simply do not want to understand is that all these failures have had centralized points of failure.…
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The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in value during the past 24 hours. Value Locked in Defi […]
submitted by /u/kirtash93 [link] [comments]
submitted by /u/kirtash93 [link] [comments]
On Dec. 14, 2022, the crypto exchange Gemini revealed that some Gemini customers have been the target of phishing attacks that the firm believes stem from a third-party vendor leak. While reports disclosed that Gemini’s leak was approximately “5,701,649 lines of information pertaining to Gemini customers,” Gemini did not disclose how many customers were affected […]
Solana price has displayed a completely bearish price thesis on the one-day chart. In that same timeframe, the coin declined by close to 9%. The depreciation in value might continue as the technical outlook points in the same direction. With the recent Solana Protocol Raydium hack of over $2 million, the price of the coin has been affected further. Over the past week, the coin has shed nearly 10% of its value. As SOL fell from its long-standing support line of $13, the coin has been on a freefall. Demand for the altcoin has remained substantially low, with investor interest fading away. Investors have to be cautious as SOL continues to depict increased volatility over the past few weeks. For the bulls to return to the market, there are two important price levels that Solana has to breach. Trading volume in SOL declined, which is noted in the case of bearish price action. As volatility remains high, a further push from the sellers will push SOL below its immediate support line. The market capitalization of SOL depreciated, an indication that the coin is under bearish influence. Related Reading: Bitcoin Plummets Below $17,000 After Audit Firm Mazars Pauses Work For Binance Solana Price Analysis: One-Day Chart SOL was auctioning at $12.26 at the time of writing. The Solana price broke off its consolidation when it fell below the $13 support line. For the bulls to be back, Solana has to turn the $13 price level into a support line again. Before doing that, the coin has to move past the $12.50 price mark. As the coin continues to register less demand, a further fall in value is on the chart. In that case, Solana will begin bidding at $11, then at $10.40. This will mean another 17% fall for the coin before it starts to note a price reversal. The amount of Solana traded in the last session declined, and that was a sign of bearishness on that chart. Technical Analysis Over the last few weeks, the altcoin was trying to capture buyers, but the price did not align with the bulls. The Relative Strength Index was below the 40-mark, close to the oversold and undervalued region. Usually, after this phenomenon, the coin attempts to reverse its value. In relation to buyers, the Solana price was below the 20-Simple Moving Average line, depicting slow demand for the altcoin. It meant that the bears were driving the price momentum in the market. According to the depiction of volatility, the technical indicators have sided with the idea of an explosive price action. The Bollinger Bands, which indicate price fluctuation and volatility, narrowed and were constricted, indicating that SOL was expecting a breakout. The Moving Average Convergence Divergence depicts price momentum and change. The indicator painted a red signal bar, which was tied to the sell signal for Solana price. Related Reading: What’s Next For Investors As Cardano Threatens To Slip Further?
In this article, we describe what unlockable content is, how it works, and how to add it to your NFT collection correctly.
What hesitations do you have or fear about this bear market that is making you cautious? Are you planning on buying, waiting, selling? How long have you been in crypto? Is this your first bear market? This will be my third bear market, and admittedly I haven’t participated and been active in both 2014 and…
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I came across this video which was uploaded on youtube where a police officer pulled over a former FBI agent for a reason x. In the video you can see the officers doing a search on him and his car including his wallet which included a paper he had written his seedphrase on. He proceeds…
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