Its so infuriating that shit like this exists on YouTube https://www.youtube.com/watch?v=7ZhS_kmdLlQ&ab_channel=J.Blockchain Pushing "arbitrage" contracts that just send all the money you deposit in the contract to some address and otherwise look like they do something. This is where its all going https://etherscan.io/address/0xB9d1C89133b3889F595DEf9a600AD3e8d4D548DC The filthy scumbag made about 12 ETH so far. Not bad. Reporting to…
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The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in a serious industry.” Stating that the “Entire notion of crypto is nonsense,” the Fed president claimed it is “just a tool of speculation and greater fools.” Minneapolis Fed President Neel Kashkari on Crypto and FTX […]
Bitcoin price extended losses and retested the $15,800 support. BTC could continue to move down towards the $15,000 and $14,000 levels. Bitcoin started a fresh decline below the $16,000 and $15,800 levels. The price is trading below $16,400 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $16,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains at a risk of more losses towards the $15,000 level or even $14,000. Bitcoin Price Revisit $15,500 Bitcoin price started a fresh decline from the $17,000 resistance. BTC gained bearish momentum after it settled below the $16,500 support zone. There was a move below the $16,000 level and the 100 hourly simple moving average. The bears were able to push the price towards the key $15,500 support zone. A low is formed near $15,470 and the price is now correcting losses. There was a minor increase above the $15,800 resistance zone. Bitcoin price cleared the 23.6% Fib retracement level of the recent drop from the $16,795 swing high to $15,470 low. On the upside, an immediate resistance is near the $15,880 level. The first major resistance is near the $16,150 zone. There is also a major bearish trend line forming with resistance near $16,150 on the hourly chart of the BTC/USD pair. Source: BTCUSD on TradingView.com The 50% Fib retracement level of the recent drop from the $16,795 swing high to $15,470 low. The next major resistance is near the $16,400 level. The price must clear the trend line resistance and then $16,400 to start a decent increase. The next major resistance is near $16,500, above which the price could gain pace for a move towards the $17,000 zone. More Losses in BTC? If bitcoin fails to recover above the $16,150 resistance zone, it could continue to move down. An immediate support on the downside is near the $15,650 level. The next major support is near the $15,500 zone, below which the price might test the key support at $15,000. A clear move below the $15,000 support might send the price further lower, may be towards $13,200. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $15,650, followed by $15,500. Major Resistance Levels – $16,150, $16,400 and $16,500.
So I’m no expert to crypto or defi but was wondering if there is self custody staking aside from running your own node? An example of the type of staking I mean would be vechain on exodus. I know with lido you have to move rewards to a third party to sell and seems like…
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The HashFlare founders have been charged for their alleged involvement in a crypto fraud and money laundering conspiracy.
submitted by /u/TomatilloFabulous602 [link] [comments]
The aftermath of FTX’s collapse has soured crypto investor sentiment with “record” inflows into short-investment products last week, said CoinShares.
This is the first time in a very long time I’ve felt a little uneasy about price action. We’re seeing Btc and Eth get rekt and alts absolutely beaten down. Usually crashes and negative price action do nothing to my emotions, but lately I’ve been a bit uneasy. To me, this could be a sign…
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SOL’s price lost its demand zone of $20 as the price struggled to hold above $10. SOL’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. SOL’s price looks weak as the price struggles to hold above $10, with the possibility of reclaiming the daily and weekly 50 and 200 Exponential Moving Averages (EMA) remaining bleak. The price action displayed by Solana (SOL) has continued to look like a fairytale, with many traders and investors disheartened, following the collapse of the FTX effect affecting small crypto projects like Genesis as the market continues to look weak on each passing day signifying the bottom is not yet in leading to the price of many altcoins, including Solana (SOL) as the price continues to hang on a balance, battling for survival. The Domino effect of the FTX saga and other huge investors has left the market at a standstill as the market has yet to make a major move after previous weeks saw the price of SOL struggling to hold above $30. Most altcoins have lost their key support and have traded with over 90% loss, with many hoping for a crypto revival. (Data from Binance) Related Reading: Why The Bitcoin Price Has A High Chance Of Resting At $16,000 Solana (SOL) Price Analysis On The Weekly Chart The past few days have been filled with so much turbulence in the crypto space as many altcoins have struggled to show strength after losing their key support holding off price decline. The current uncertainty surrounding the market has resulted in reluctance on the part of traders and investors to make altcoin purchases with the case of SOL worsening, as there is no assurance if they would be heading up any time soon. FTX and now Genesis news has hugely impacted the price of SOL, sending the price into a spiral movement to a region of $11 as the price struggles to stay above $10. After the price of SOL closed below the weekly high of $20, there are high chances of the market going lower, with the prices of SOL looking more bearish with the weekly open. Weekly resistance for the price of SOL – $20. Weekly support for the price of SOL – $5. Price Analysis Of SOL On The Daily (1D) Chart The price of SOL remains considerably weak in the daily timeframe as the price trades below the $20 resistance after bouncing off from the region of $15 on several instances. Rumor building of a likely bankruptcy of Genesis could affect the price of SOL and other smaller assets, with the price facing a possibility of losing the region of $5-$6. If the price of SOL breaks below $10, we could see more sell-off, as this has been an area of interest to hold off bears. Daily resistance for the SOL price – $15-$20. Daily support for the SOL price – $5. Related Reading: FTX Hacker Mobilizes Ethereum Again, Lock And Loaded For The Dump? Featured Image From zipmex, Charts From Tradingview
