Category: Cryptocurrency News

submitted by /u/DizzyMammoth21 [link] [comments]

Former BitMEX CEO thinks the Bitcoin price could have reached the bottom after most of the “irresponsible entities” have all run out of Bitcoin to sell.

Republican Senator Tom Emmer has long been a critic of Gary Gensler and the U.S. Securities Exchange Commission’s cryptocurrency oversight strategy.

Wallet address is good, confirmed it was sent via Etherium network. When I check the block explorer it shows that it was sent as an Internal Txns, what does that mean and how do I view it in MetaMask? Any help is appreciated! submitted by /u/Dorkin_Aint_Easy [link] [comments]

Dogecoin reacted to the downside from the $0.1120 resistance against the US Dollar. DOGE must stay above the $0.080 support to start a fresh increase. DOGE started a fresh decline from the $0.1120 resistance against the US dollar. The price is trading below the $0.0950 zone and the 100 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.102 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). The pair must stay above the $0.0800 support zone to start a fresh increase. Dogecoin Price Takes A Hit In the past few days, dogecoin saw a major decline from the $0.1120 resistance zone. DOGE reacted to the downside below the $0.1050 and $0.1000 support levels. During the decline, there was a break below a key bullish trend line with support near $0.102 on the 4-hours chart of the DOGE/USD pair. The pair even declined below the 50% Fib retracement level of the upward move from the $0.0713 swing low to $0.1117 high. The price is now trading below the $0.0950 zone and the 100 simple moving average (4-hours). It is also showing a few bearish signs below $0.0900, similar bitcoin and ethereum. On the upside, the price is facing resistance near the $0.0915 level. The first major resistance is near the $0.1000 level and the 100 simple moving average (4-hours). Any more gains above the $0.1000 zone could start a decent increase towards the $0.1080 zone. Source: DOGEUSD on TradingView.com The main hurdle seems to be forming near the $0.1120 zone. A clear move above the $0.1120 resistance could open the gates for a rally towards the $0.120 level. More Losses in DOGE? If DOGE price fails to gain pace above the $0.0915 level, it could continue to move down. An initial support on the downside is near the $0.0865 level. The next major support is near the $0.080 level. It is near the 76.4% Fib retracement level of the upward move from the $0.0713 swing low to $0.1117 high. If there is a downside break below the $0.0800 support, the price could decline further. In the stated case, the price might decline towards the $0.0720 level. Technical Indicators 4-Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. 4-Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now in the oversold zone. Major Support Levels – $0.0865, $0.0800 and $0.0720. Major Resistance Levels – $0.0915, $0.1000 and $0.1120.

The number of celebrities, brands and artists that hopped on the NFT bandwagon was bound to cause supply and demand issues, said the Vee Friends creator.

submitted by /u/Electrical_Potato_21 [link] [comments]

The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000.

Ethereum faced a strong rejection near $1,300 against the US Dollar. ETH is declining, but there is a major support waiting near $1,240 and $1,220. Ethereum struggled to clear the $1,295 and $1,300 resistance levels. The price is now trading below $1,260 and the 100 hourly simple moving average. There was a break below a key contracting triangle with support at $1,270 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now approaching a major support at $1,240 and $1,220. Ethereum Price Remains Supported Ethereum price attempted a decent increase above the $1,260 level. ETH climbed above the $1,280 level, but it faced a strong rejection near the $1,300 level. As a result, the price started a fresh decline from the $1,292 high, similar to bitcoin. There was a clear move below the $1,270 and $1,260 support levels. Ether price declined below the 50% Fib retracement level of the upward move from the $1,219 swing low to $1,292 high. Besides, there was a break below a key contracting triangle with support at $1,270 on the hourly chart of ETH/USD. The pair is now trading below $1,260 and the 100 hourly simple moving average. It is approaching the $1,240 support zone. It is near the 76.4% Fib retracement level of the upward move from the $1,219 swing low to $1,292 high. An immediate resistance on the upside is near the $1,255 level. The first major resistance is near the $1,265 zone and the 100 hourly simple moving average. Source: ETHUSD on TradingView.com A close above the $1,265 resistance might send the price towards the $1,300 resistance zone, above which ether price could gain bullish momentum. The next major resistance could be $1,340. Any more gains might send the price towards the $1,400 resistance zone. More Losses in ETH? If ethereum fails to climb above the $1,265 resistance, it could continue to move down. An initial support on the downside is near the $1,240 level. The next major support is near the $1,220 level. If there is a break and close below $1,220, the price could revisit the $1,200 support. Any more losses could lead the price towards the $1,165 support. 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 in the oversold zone. Major Support Level – $1,220 Major Resistance Level – $1,265

Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spectacular crash of FTX, one of the largest such platforms, amid tightening regulations and fewer new users. U.S. Leads by Number of CEX […]