Crypto Twitter confused by SBF's $250M bail and a return to luxury
The crypto community raised many questions about how FTX’s former CEO was able to secure bail and the conditions it will come with.
The crypto community raised many questions about how FTX’s former CEO was able to secure bail and the conditions it will come with.
Is there any forum-based website specifically for discussion about ethereum? submitted by /u/crustyrusty7 [link] [comments]
Binance is fighting back against the tsunami of FUD it has faced in recent weeks.
The governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies, like bitcoin and ether. The central bank chief added that cryptocurrencies pose “huge inherent risks” to India’s macroeconomic and financial stability. Indian Central Bank Warns About Crypto Causing the Next Financial Crisis […]
https://medium.com/@mjrobertson_25457/overcoming-adversity-the-power-of-determination-and-perseverance-f248e504172b submitted by /u/Educational_Fun1677 [link] [comments]
Bitcoin price is attempting an upside break above $16,800. BTC could start a decent increase if it clears the $16,800 and $17,000 resistance levels. Bitcoin is still facing a strong resistance near $17,000 and $17,200. The price is trading above $16,700 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $16,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could attempt a fresh increase if there is a clear move above the $17,000 resistance zone. Bitcoin Price Eyes Recovery Bitcoin price remained stable above the $16,500 zone. BTC attempted an upside break above the $17,000 resistance, but it faced sellers. A high was formed near $17,067 and the price started a downside correction. There was a move below the $16,800 level and the 100 hourly simple moving average. The price declined below the 50% Fib retracement level of the up move from the $16,260 swing low to $17,067 high. Bitcoin price tested the $16,550 level, where it found support. It remained stable above the 61.8% Fib retracement level of the up move from the $16,260 swing low to $17,067 high. The price recovered losses and climbed above $16,700. It is now trading above $16,700 and the 100 hourly simple moving average. On the upside, an immediate resistance is near the $16,800 zone. There is also a key bearish trend line forming with resistance near $16,800 on the hourly chart of the BTC/USD pair. Source: BTCUSD on TradingView.com The first major resistance is near the $17,000 zone. A clear move above the $17,000 resistance might encourage the bulls to pump the price above the $17,200 resistance. If they succeed, the price could even surpass the $17,500 level. The next major resistance is near $18,000, above which the price climb towards the $18,500 resistance zone. Fresh Drop in BTC? If bitcoin fails to clear the $17,000 resistance, there could be a fresh drop. An immediate support on the downside is near the $16,750 level and the 100 hourly SMA The next major support is near the $16,550 level. A downside break below the $16,550 support might call for a move towards the $16,350 level. Any more losses might send the price towards $16,000. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $16,700, followed by $16,550. Major Resistance Levels – $16,800, $17,000 and $17,500.
The loan would allow Core Scientific to keep its mining and hosting operations afloat while it restructures.
A U.S. senator has introduced a bill to “establish the first federal regulatory framework for payment stablecoins.” The lawmaker explained: “This bill will also ensure the Federal Reserve, which has displayed significant skepticism about stablecoins, won’t be in a position to stop this activity.” Stablecoin TRUST Act of 2022 U.S. Senator Pat Toomey (R-PA), ranking […]
If GameFi is criticized for one thing it’s that NFT games are not fun and people play them just for passive income. And 99% of the time, this is actually true. Get me the most exciting NFT game and I could think of a hundred web2 games that are more interesting. This all falls on…
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Welcome to the Daily General Discussion thread. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading,…
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