Community baffled by Trump's bizarre ‘SimpDAO’ NFT collection
Even conservatives and MAGA supporters are not pleased with Trump, as they were hanging on for a more serious announcement from the former president.
Even conservatives and MAGA supporters are not pleased with Trump, as they were hanging on for a more serious announcement from the former president.
Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application and called the FTX founder a flight risk.
Bitcoin price failed to clear $18,000 and corrected lower. BTC is signaling bearish signs and might even start a fresh decline in the coming sessions. Bitcoin started a downward move and traded below the $17,600 support. The price is trading below $17,500 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $17,620 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move lower unless it reclaims the 100 hourly SMA. Bitcoin Price Restarts Decline Bitcoin price attempted an upside break above the $18,400 zone resistance zone. BTC failed to stay above the $18,000 pivot level and reacted the downside. A high was formed near $18,387 before the price started a fresh decline. There was a clear move below the $18,200 and $18,000 levels. The price declined below the 50% Fib retracement level of the key wave from the $16,881 low to $18,387 high. Besides, there was a break below a major bullish trend line with support near $17,620 on the hourly chart of the BTC/USD pair. Bitcoin price is now below $17,500 and the 100 hourly simple moving average. Source: BTCUSD on TradingView.com On the upside, an immediate resistance is near the $17,500 level and the 100 hourly simple moving average. The first major resistance is near the $17,650 zone, above which the price may perhaps revisit the $18,000 zone. The next major resistance is near $18,380, above which the price might gain pace and rise towards the $19,000 level. More Losses in BTC? If bitcoin fails to clear the $17,650 resistance, there could be more downsides. An immediate support on the downside is near the $17,240 level. It is near the 76.4% Fib retracement level of the key wave from the $16,881 low to $18,387 high. The next major support is near the $17,000 zone. A downside break below the $17,000 support might call more losses. In the stated case, the price could decline towards the $16,500 support in the near term. Any more losses might stage a larger decline below the $16,000 level in the coming days. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $17,250, followed by $17,000. Major Resistance Levels – $17,650, $18,000 and $18,380.
Don’t forget about Do Kwon, the 3AC founders, Voyager and BlockFi’s executives (heard there was some fraud there). And most importantly (to me) ScamShitsky and the other insiders like Daniel Leon and Cohen etc. It seems that most of the attention is on FTX and SBF right now (media and regulator wise it seems). But…
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The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part of a regulatory relief intended to minimize the burden on financial organizations. Russia’s Central Bank Eases Supervision of Digital Asset Platforms Amid Sanctions The Central Bank […]
ASIC claimed a crypto yield-bearing product from Finder’s registered exchange was unlicensed, the firm disagreed but refused to say if it would fight the suit.
The government trying to exert their power of cryptocurrency and blockchains recently is pretty wild. Between the push for CBDC’s and now trying to force KYC on every single decentralized transaction, Monero is just constantly looking better and better. However, I don’t claim to know everything about Monero. I know that it is privacy focused,…
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After a flurry of bad news throughout 2022, the miner has been offered a lifeline which could enable it to see out the current Crypto Winter.
One new project attempts to help bankless Ukrainian refugees, while another hopes to streamline international Red Cross projects.