Category: Cryptocurrency News

Get this through your head. They will use bilateral intergovernmental treaties with most UN countries to extradite and imprison and sue Non US Citizens who do not mandate KYC on their smart contract. You can deny this all you want, I wrote a long separate thread, they have 6 major federal acts to work with.…
Read more

submitted by /u/TopAlert2383 [link] [comments]

Cardano's newest upgrade in the Basho (scaling) era is the Vasil upgrade, named after the late Bulgarian mathematician Vasil Dabov who was a respected member of the Cardano community. What does the Vasil upgrade do? The key component of the upgrade is to make Cardano's transaction sizes smaller. In layman's terms, previous transactions were filled…
Read more

There are people who mistake me for coming on this sub to attack and defeat Ethereum. By the way, I am a developer who is making a blockchain mainnet that works with Ethereum. Therefore, Ethereum needs to prosper more in the future to benefit me. Bitcoin and Ethereum are the first generation mainnets. Other altcoins…
Read more

Kaja is a neural net trained with Ethereum data. It can answer any analytics question on Ethereum, eliminating the need for users to have technical abilities or dependence on the community. Please check out the demo https://i.redd.it/0qkdf30ijhp91.gif Questions can be about any crypto-related concept. Here are some example questions you can ask: What is the…
Read more

The Uniswap Foundation (UF), the group behind the decentralized exchange (dex) Uniswap, announced the first wave of foundation grants on Wednesday as it plans to distribute $1.8 million total, awarded across 14 grants. The UF announcement details that a touch more than $800K will be awarded to Uniswap Diamond, a project being constructed by GFX […]

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

In this episode of NewsBTC’s daily technical analysis videos, we examine yesterday’s perfected TD9 buy setup in Bitcoin and other potentially bullish signals.  We also compare BTC against the dollar using the DXY Dollar Currency Index. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 22, 2022 In yesterday’s video, we warned of a new low being made due to the appearance of a TD9 buy setup. These signals can be perfected when the candle makes a lower low. Here is how that played out. Related Reading: Bitcoin Reacts To 75 Basis Point Fed Rate Hike | BTCUSD September 21, 2022 Market Timing Tool Triggers Perfect Buy Setup During FOMC Aftermath Given the several shakeouts and the explosive intraday volatility, taking a position based on the the TD9 buy setup was not easy. The TD Sequential has also brought its resistance level down to roughly $22,700. If price can tag the red line, we could have a low timeframe reversal. A bullish divergence on the Relative Strength Index and LMACD potentially back up this bullish signal. Were bulls bold enough to take action at the TD9 buy setup? | Source: BTCUSD on TradingView.com Building The Case For A Possible Bitcoin Bear Market Bottom Momentum is also right on the zero line on weekly timeframes, where those same bullish divergences could be building. The doji candle is indicative of indecision in the market, and could be a pause prior to a reversal, or strong continuation to the downside. Weekly momentum has also fallen to the same level where past reversals formed. A bullish crossover might be all it takes to confirm a bottom is already in. In 2018, once crossed, Bitcoin took off like a rocket with more than 300% ROI in three months. Comparing former bear market bottoms using the Relative Strength Index, each time the indicator reached oversold conditions on weekly timeframes, the bottom was already in. The PPO Percentile Rank which helps find tops and bottoms, shows that Bitcoin has been exhibiting bottom-like behavior. Moving out from the green range often has been the start of a new bull run. Several indicators could suggest the bottom is in | Source: BTCUSD on TradingView.com Related Reading: When Will Crypto Winter Thaw Out? Total Crypto Market Cap (TOTAL) September 20, 2022 BTC Versus USD: It All Comes Down To The Dollar What happens to Bitcoin at this point has more to do with the dollar. The dollar is one half of the BTCUSD trading pair, making it especially important. The dollar has been in a powerful uptrend, as you can see in the daily chart. However, momentum has been making lower highs suggesting that the underlying strength is weakening. The DXY dollar currency index is also potentially forming an ending diagonal, which looks much like a rising wedge. These potentially bearish signals could create a reversal in the dollar that allows Bitcoin to bounce. A comparison with Bitcoin offers a potential example of what might happen in the dollar. After a failed upthrust, price action reversed and a high was put in. Is the DXY forming an ending diagonal? | Source: BTCUSD on TradingView.com Learn crypto technical analysis yourself with the NewsBTC Trading Course. Click here to access the free educational program. Follow @TonySpilotroBTC on Twitter or join the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com

I saw my portfolio lose about 65% of its value and not once I was tempted to sell. I was lucky enough to at least take some profits during the "good times" so it is definitely easier for me to hold my bag. What I can not do, is buying. I have some disposable cash,…
Read more

ETH price holds above $1,200 as bulls don’t want to let go of a price below key support  Price continues to trade below 50 and 200 Exponential Moving Average (EMA) on the daily timeframe.  ETH price bounced on the four-hourly chart after a bullish divergence appeared. The price of Ethereum (ETH) has shown less bullish sentiment after its much anticipated “Ethereum Merge.” Ethereum saw its price plummet against tether (USDT) following the Federal Open Market Committee news (FOMC). The Federal Reserve raised its target interest rate by 75 bps, negatively affecting the price of ETH. (Data from Binance) Related Reading: Why “Low” Capitulation Might Hint At More Pain For The Bitcoin Price Ethereum (ETH) Price Analysis On The Weekly Chart  The price of ETH continues to struggle to keep its head afloat after seeing the weekly candle closing bearish, with the new week looking more bearish ahead of the expected FOMC meeting.  ETH price tried showing some relief bounce ahead of the new week as price moved to a region of $1,370, but this bounce was cut short as the news of an increased rate hike harmed the price seeing the price of ETH to a weekly low of $1,250 before bouncing off that region as price reclaimed $1,300.  The price of ETH needs to move to a high of $1,500 to remain safe from falling lower to its crucial support. If the price of ETH continues with this structure, we could see the price of ETH breaking the support of $1,200 and going lower to a region of $1,024, where there is more demand for ETH price. The price of ETH is currently faced with resistance to breaking above $1,324; If ETH fails to break and hold above this support zone, we could see the price going lower to its $1,200 key support and lower if this support fails to hold off sell orders.  Weekly resistance for the price of ETH – $1,324. Weekly support for the price of ETH – $1,200. Price Analysis Of ETH On The Four-Hourly (4H) Chart The 4H timeframe for ETH prices continues to move in range as price retested a low of $1,250; the price of ETH bounced from this region after forming a bullish divergence as price rallied to a high of $1,320 before facing resistance to breaking higher.  The price of ETH needs to reclaim $1,400 for a chance to trend higher. On the 4H timeframe, the price of ETH is currently trading at $1,310, just below the 50 and 200 Exponential Moving Average (EMA), acting as resistance for ETH price. The price of $1,400 and $1,540 corresponds to the resistance at 50 and 200 EMA for the price of ETH. The price of ETH needs to reclaim 50 EMA for a chance to trend to $1,500. The Relative Strength Index of ETH is below 50, indicating fewer buy orders. Four-hourly resistance for the ETH price – $1,400. Four-hourly support for the ETH price – $1,200. Related Reading: Algorand Price Moves Against The Tide, ALGO Rises 22% In One Week Featured Image From Istock, Charts From Tradingview