So Iv been using the hashi bridge to bring my tokens and eth over to the Sora network and then I do all my trades on polkaswap dex (it’s like a uniswap clone I think it looks pretty similar) then when I’m going to use the tokens utility (like using Slp for axie infinity) I…
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I have some eth on avalanche for yield farming but i want to stake it for higher yield. Is there a way to stake my eth on layer 2 or other chains? Lido’s stETH seems to be only on layer 1. Trying to avoid gas fees. Incidentally, has anyone used Rubic before for cross chain…
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Bitcoin price started a fresh rally above $65,000 against the US Dollar. BTC is showing positive signs and it could rise further towards $70,000. Bitcoin started a fresh increase above the $62,500 and $63,500 resistance levels. The price is now trading above $65,000 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $61,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate further higher once there is a close above the $66,000. Bitcoin Price Gains Pace Bitcoin price remained well bid above the $60,000 support zone. As a result, BTC started a fresh rally above the $62,500 and $63,500 resistance levels. The bulls even pumped the price above the $65,000 level and the 100 hourly simple moving average. Besides, there was a break above a major bearish trend line with resistance near $61,550 on the hourly chart of the BTC/USD pair. The pair gained pace for a move above the $65,500 level. A high is formed near $65,681 and the price is now consolidating gains. Bitcoin is trading well above the 23.6% Fib retracement level of the upward move from the $60,129 swing low to $65,681 high. On the upside, an immediate resistance is near the $65,500 level. The first major resistance is near the $66,000 level. Source: BTCUSD on TradingView.com A clear break above $66,000 resistance may possibly call open the doors for a fresh rally. The next major resistance sits near the $68,500 level. Any more gains might lead the price towards the $70,000 level. Dips Limited in BTC? If bitcoin fails to clear the $66,000 resistance zone, it could start a fresh downside correction. An immediate support on the downside is near the $64,500 level. The first major support is now forming near the $63,000 level. It is near the 50% Fib retracement level of the upward move from the $60,129 swing low to $65,681 high. A clear close below the $63,000 support could open the doors for a move towards the $62,500 level. The main breakdown support is near $61,200 and the 100 hourly SMA, below which the price could accelerate losses. Technical indicators: Hourly MACD – The MACD is slowly losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now in the overbought zone. Major Support Levels – $64,500, followed by $63,000. Major Resistance Levels – $65,500, $66,000 and $68,500.
Global investment bank JPMorgan has doubled down on its bitcoin price prediction of $146K. The bank’s analyst explained that the price of the cryptocurrency could reach that level if its volatility subsides and institutional investors start investing in bitcoin more than gold in their portfolios. JPMorgan Renews $146K Bitcoin Price Prediction JPMorgan released an inaugural […]
submitted by /u/Ghost_6_5 [link] [comments]
As Sunday comes to an end another work day begins for most. I know while many of us are aiming to break out from the 9-5 with the help of crypto, while we wait, what are you looking forward to most this week? Me personally, I’m excited for the Cronos Mainnet launch tomorrow. It also…
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submitted by /u/notarealguy2020 [link] [comments]
I know decentralization is good. But I’m wondering if it’s worth the cost. I like buying some NFTs, doing some defi, and speculating. Why do I need everyone to be able to run their own node? I have no interest in doing so personally as long as I can view node data from a non-profit…
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Hello everyone, I just wanted to share a few paintings I did recently in collaboration with The Humble Miner game (https://www.thehumbleminer.com/). I did 9 in total and 8 are currently up for auction here: https://marketplace.justnfts.io/marketplace/aphanel/page/2/. The one that is not up for auction is only obtainable by playing the game. Of course they are all…
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The new Infrastructure deal includes a ridiculous amount of new IRS agents wanting to know about everything over $600 even your crypto. Most people here have a little bit of crypto. The average person making medium wage might have a $1000 in crypto here and there. Now they are talking about trying to tax Unrealized…
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