Hi guys. Sorry for the silly question. I can't find much information via Google and find layer 2 / governance tokens confusing e.g. is the governance token on L1 or L2? .. ugh. I would like to move my Loopring (LRC) and Optimism (OP) tokens from a centralised exchange (I purchased these using fiat $$)…
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A British jeweler has sued its insurance company for refusing to cover a bitcoin ransom payment of $7.5 million. The jeweler paid the hackers to prevent sensitive customer data from being published. Insurance Company Faces Lawsuit for Refusing to Cover Bitcoin Ransom Payment A luxury British Jeweler, Graff, has sued its insurer, The Travelers Companies, […]
U.S. brokerage firm M1 Finance will soon roll out crypto accounts and commission-free trading services for ten digital assets.
As a newbie I invested 130$ in eth last week and so far its worth 110$. What advice would u give me submitted by /u/el_zorow [link] [comments]
Some initially interpreted the hack as an exploit of the Uniswap V3 protocol, but it was quickly clarified as the result of a phishing campaign.
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Ethereum gained pace and traded below $1,150 against the US Dollar. ETH could decline heavily if there is a close below $1,000. Ethereum started a fresh decline below the $1,200 and $1,150 levels. The price is now trading below $1,150 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,145 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to decline if there is a close below the $1,085 level. Ethereum Price Drops Further Ethereum failed to stay above the $1,200 level and moved into a bearish zone. ETH followed a bearish path and declined below the $1,150 support zone. There was a clear move below the 61.8% Fib retracement level of the last key increase from the $1,076 swing low to $1,275 swing high. The price is now trading below $1,150 and the 100 hourly simple moving average. It is also trading below the 76.4% Fib retracement level of the last key increase from the $1,076 swing low to $1,275 swing high. However, there is a key support near the $1,085 level. If ether price stays above $1,085, it could correct higher. An immediate resistance on the upside is near the $1,130 level. The next major resistance is near the $1,150 zone. Besides, there is a key bearish trend line forming with resistance near $1,145 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com The next key barrier is near the $1,200 level, above which the price could gain strength. In the stated case, the price could rise towards the $1,280 resistance zone. More Losses in ETH? If ethereum fails to rise above the $1,150 resistance, it could continue to move down. An initial support on the downside is near the $1,085 zone. The next major support is near the $1,050 zone. A downside break below the $1,050 support may perhaps send the price further lower. In the stated case, the price could drop toward the $1,000 level. Any more losses below the $1,000 level may perhaps set the pace for a sharp decline. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now well below the 40 level. Major Support Level – $1,085 Major Resistance Level – $1,150
XRP has retraced on its chart over the last few days although the coin had attempted to head upwards, the bulls tired out. XRP at the moment has secured $0.30 as a strong support level. Price of the asset has to rise above its immediate resistance over the upcoming trading sessions in order for the bulls to take charge. If the coin fails to sustain the current price level, a fall beneath $0.30 is just a matter of time. Technical outlook for the coin painted mixed signals on the chart. Some of the indicators hinted towards a rise in bullish price action. Over the last 24 hours the coin depreciated by 4.4%, invalidating most gains XRP logged in the past week. Sellers continue to dominate the market however, buyers were also trying to re-enter as the current price has created a demand zone for the asset. For XRP to negate its bearish thesis, strength from the broader market will be required. The global cryptocurrency market cap today is $955 Billion with a 3.1% negative change in the last 24 hours. XRP Price Analysis: Four Hour Chart The asset was trading at $0.33 at press time. It was trading very close to the $0.30 support line. Invalidating the same will push price of XRP to $0.28. If XRP trades for a considerable time over the $0.33 price level, the XRP might attempt to trade near $0.34 and then at $0.37. If XRP manages to topple over the $0.37 price mark then it might be able to retest $0.43. Volume of XRP traded fell in the previous trading session indicating that buying pressure has fallen on the chart. This marked bearish pressure on XRP’s chart. Technical Analysis XRP’s buying strength remained low, the same was reflected on the Relative Strength Index. RSI was parked below the half-line and it meant that selling pressure was more than buying pressure. In accordance with the same, the price of XRP was below the 20-SMA line signifying that sellers were driving the price momentum in the market. Going by the Fibonacci retracement levels, there is rigid resistance between the 38.2% and 23.6% levels respectively. Support level for the coin was at the $23.6% line for the digital asset. Related Reading | Why Peter Brandt Thinks Cardano’s Price Is The Definition Of “Ugly” The technical outlook painted a mixed signal. Chaikin Money Flow which depicts the capital inflows and outflows was positive. The positive CMF is a sign of increase in buying strength. The small uptick on the RSI corresponds to increased capital inflows. Awesome Oscillator indicated price momentum and reversal in the price trend. AO flashed red histograms which was indicative of a sell signal. At press time however, AO displayed a single green bar but it was too early to say if XRP will be bullish over the immediate trading sessions. Related Reading | Ethereum Liquidations Ramp Up As Price Struggles To Hold $1,100 Featured image from InvestorPlace, chart from Tradingview.com
Yes, I finally decided to get my crypto off of centralized exchanges. If you are thinking about doing the same and think you can just log into your app tonight and have all your coins off in half an hour, please read this and consider how long it might take you. I am going to…
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