Comprehensive list of common crypto scams, and the best practices to avoid them
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PRESS RELEASE. The popular online gift card exchange BuySellVouchers now accepts Binance USD (BUSD) as payment. With thousands of customers and sellers worldwide, BuySellVouchers has become one of the most significant gift card marketplaces which accepts crypto payments. To further serve its diverse customer base, BuySellVouchers marketplace continues to add new cryptocurrencies. E-Vouchers and e-Gift […]
Ice phishing is a type of scam that exists only in Web3 and is a “considerable threat” to the crypto community, said the firm.
Visa, the financial services corporation headquartered in San Francisco, California, published a blog post that talks about leveraging ethereum and the layer two (L2) scaling solution Starknet so people with self-custodial wallets can pay their bills. The blog post notes that while Ethereum doesnt support account abstraction or delegable accounts, the financial services company implemented […]
Cardano’s price started a fresh decline after it failed to surpass $0.32. ADA remains at a risk of more losses below $0.25 and $0.245 in the near term. ADA price is gaining bearish momentum below the $0.280 support against the US dollar. The price is trading below $0.280 and the 100 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.2560 on the 4-hours chart of the ADA/USD pair (data source from Kraken). The pair could continue to move down below the $0.245 support zone. Cardano (ADA) Price Could Dive Further In the past few days, cardano’s price saw a steady decline from the $0.320 resistance zone. The bears were able to push the price below the $0.30 and $0.280 support levels. The decline gained pace below the $0.265 level and the 100 simple moving average (4-hours). ADA price even spiked below the $0.250 support zone and traded as low as $0.2481. It is now showing a lot of bearish signs near the $0.250 zone, unlike bitcoin and ethereum. It is trading well below $0.280 and the 100 simple moving average (4-hours). On the upside, an immediate resistance is near the $0.255 zone. There is also a key bearish trend line forming with resistance near $0.2560 on the 4-hours chart of the ADA/USD pair. The first major resistance is forming near the $0.264 zone. It is near the 23.6% Fib retracement level of the downward move from the $0.3188 swing high to $0.2481 low. Source: ADAUSD on TradingView.com The main resistance is now forming near the $0.2840 level. It coincides with the 50% Fib retracement level of the downward move from the $0.3188 swing high to $0.2481 low. If there is an upside break above the $0.280 and $0.284 resistance levels, the price could start a strong increase. In the stated case, the price could rise steadily towards the $0.32 level. More Losses? If cardano’s price fails to recover above the $0.255 and $0.264 resistance levels, it could continue to move down. An immediate support on the downside is near the $0.248 level. The next major support is near the $0.245 level. A downside break below the $0.245 level could open the doors for a fresh decline towards $0.220 in the coming days. The next major support is near the $0.200 level. Technical Indicators 4-hours MACD – The MACD for ADA/USD is gaining momentum in the bearish zone. 4-hours RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level. Major Support Levels – $0.245, $0.220 and $0.200. Major Resistance Levels – $0.255, $0.264 and $0.284.
THIS ENTIRE POST IS SPECULATION Binance dumped FTT on the open market Because FTX was mishandling funds, it couldn't handle withdrawals and eventually filed for bankruptcy Ftx investors claim that a majority of cash was used to buy back 20% stock that binance owns The pressure is gradually increasing on binance. They are now facing…
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Ethereum is facing resistance above $1,220 against the US Dollar. ETH could start another decline if it fails to stay above $1,200 and the 100 hourly SMA. Ethereum started an upside correction above the $1,180 resistance zone. The price is now trading above $1,200 and the 100 hourly simple moving average. There is a short-term contracting triangle with resistance near $1,220 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another upward move if there is a wave above the $1,220 resistance. Ethereum Price Eyes Recovery Ethereum price found support near the $1,150 zone and started a recovery wave. ETH was able to clear the $1,180 and $1,190 levels. The price even climbed above the $1,200 level and the 100 hourly simple moving average, similar to bitcoin. A high was formed near $1,230 before the price started a consolidation phase. Ether price is now trading near the 23.6% Fib retracement level of the recent increase from the $1,150 swing low to $1,230 high. The price is now trading above $1,200 and the 100 hourly simple moving average. There is also a short-term contracting triangle with resistance near $1,220 on the hourly chart of ETH/USD. The first major resistance is near the $1,220 level. Source: ETHUSD on TradingView.com A clear upside break above the $1,220 resistance and then a move above the $1,230 level could initiate a decent increase. The next major resistance could be $1,260. If the bulls clear the $1,260 resistance, the price might rise towards $1,300. Any more gains might send the price towards the $1,350 resistance zone. An intermediate resistance could be near the $1,320 level. Fresh Drop in ETH? If ethereum fails to climb above the $1,220 resistance, it could start another bearish wave. An initial support on the downside is near the $1,200 level. The next major support is near the $1,190 level or the 50% Fib retracement level of the recent increase from the $1,150 swing low to $1,230 high. A clear downside break below $1,190 might push the price lower towards the $1,150 support. Any more losses could lead the price towards the $1,100 support. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $1,190 Major Resistance Level – $1,220
Peter Smith said the hardest thing to trace was the funds that enter the banking system.
NFT gaming is at a similar stage to the early mobile gaming days, says a Magic Eden exec, while an analyst from Dune Analytics claims 58% of NFT trading volume this year has been wash trades.
Gold bug and economist Peter Schiff has warned that the price of bitcoin may not rise when other financial assets rebound, even though the crypto fell alongside them. “The bitcoin bubble popped and collectors will be selling no matter what happens to financial assets,” he predicted. Peter Schiff’s Bitcoin Outlook Economist and gold bug Peter […]