IMF Chief says Central Bank Digital Currency should be used alongside Social Credit System to control what people can and cannot buy
submitted by /u/KAX1107 [link] [comments]
submitted by /u/KAX1107 [link] [comments]
The plan is tentative at this stage and won’t be finalized until it receives approval from Voyager’s creditors and the bankruptcy payout plan is approved by the judge.
So Seth Green got exploited by a link that looked legit but was a phishing scam. Is this a UI problem. Can a wallet with the right UI have prevented this exploit ? What would have been a good UI or information that would have avoided this (or other phishing scams). I ask this because…
Read more
Hi So the context is that I'm building a wallet with some safety features. One of the exploits I want to help people with – is the kind where scammers claim they have usdt in wallet but don't know how to withdraw it. And you need to send gas fees to it. E.g. https://imgur.com/a/3Chi5TG https://twitter.com/beastincrypto/status/1546937627194150915?t=ZAi3yUjZlh4YNUoB-E1H3w&s=19…
Read more
The senior commodity strategist is bullish on Bitcoin, revealing on Oct. 18 that its relative discount to hash rate has hit levels not seen since the first quarter of 2020.
Walmart’s global chief technology officer has revealed crypto’s role in the retail giant’s future. “Crypto will become an important part of how customers transact,” the executive said. “We want to make sure that we make it as friction free for customers to be able to transact.” Executive Discusses Crypto in Walmart’s Future Walmart Global Chief […]
submitted by /u/Harold838383 [link] [comments]
Ethereum is slowly moving lower below $1,300 against the US Dollar. ETH remains at a risk of major decline if it stays below $1,400 for a long time. Ethereum started a fresh decline after it failed to clear the $1,350 resistance. The price is now trading below $1,320 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if it breaks the $1,265 support zone. Ethereum Price Grinds Lower Ethereum attempted a fresh increase above the $1,350 level, similar to bitcoin price. ETH struggled to gain pace for a move above the $1,350 level. The price traded as high as $1,340 and started a fresh decline. There was a move below the $1,320 support zone. Besides, there was a break below a key bullish trend line with support near $1,320 on the hourly chart of ETH/USD. The pair even declined below the 50% Fib retracement level of the upward move from the $1,262 swing low to $1,340 high. Ether price is now trading below $1,320 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $1,290 level and a connecting bearish trend line on the same chart. Source: ETHUSD on TradingView.com The first major resistance is near the $1,300 level and the 100 hourly simple moving average. A clear upside break above the $1,300 resistance zone could open the doors for a move towards the $1,320 level. The main resistance is still near the $1,350 level, above which ether price might accelerate higher. Downside Break in ETH? If ethereum fails to climb above the $1,300 resistance, it could continue to move down. An initial support on the downside is near the $1,265 level. The next major support is near the $1,240 level or the 1.236 Fib extension level of the upward move from the $1,262 swing low to $1,340 high. A downside break below the $1,240 zone might start a fresh decline to $1,220. Any more losses may perhaps open the gates for a move towards the $1,200 support. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,265 Major Resistance Level – $1,300
Ethereum price has been rejected again at the $1,299 price mark as the coin retraced on its chart over the past day. In the last 24 hours, ETH barely experienced price movement on its chart. Continued lateral trading will push Ethereum price to the $1,200 support level. Bitcoin also remained mundane over the last 24 hours, and most altcoins have acted the same way. The technical outlook of Ethereum signalled that the bulls are not in control of the market. It was due to constant rejection at the $1,300 price mark. Lack of demand will cause Ethereum to oscillate between the $1,260 and $1,360 price levels, respectively. In case the price momentum doesn’t pick up in the next trading sessions, ETH could even travel below the $1,200 support line. For the bearish pressure to fade, ETH has to manage to break past the $1,360 mark. It has to trade above the aforementioned level for some time. The global cryptocurrency market cap today is $962 billion, with a 0.3% negative change in the last 24 hours. Ethereum Price Analysis: One-Day Chart ETH was trading at $1,290 at the time of writing. The altcoin could not push past the $1,300 resistance mark as sellers took over. Immediate resistance was at $1,300, suggesting that it could meet the $1,360 price ceiling. A move above the $1,360 level will make the bulls come back on Ethereum’s chart. On the other hand, the local support for the altcoin was at $1,268. If the demand for the coin doesn’t come back over the next trading sessions, Ethereum is moving south. A break below the $1,268 level will make the coin trade at $1,200 and then at $1,160. The amount of Ethereum traded in the past session fell, indicating bearishness and an increase in selling pressure. Technical Analysis For most of this month, the altcoin has experienced low buying strength on its chart. The reason why it has been consolidating over the last few weeks. Demand continues to remain low for Ethereum. The Relative Strength Index was below the half-line, which meant that buyers were leaving the market. Additionally, the indicator also pictured a fresh decline in buying strength as it noted a downtick. Ethereum price was below the 20-SMA line, and that indicated less demand. It also meant that sellers were driving the price momentum in the market. Related Reading: FTX Sends 50,000 Ethereum To Voyager, FTX Token Witnesses Pump And Dump Technical indicators showed that the bears were in control. However, Ethereum price also portrayed buy signal on its chart. The Moving Average Convergence Divergence indicated price momentum and direction. MACD continued to display green histograms as buy signal for the coin, this could mean that if buyers acted on it, the coin could log gains. The Chaikin Money Flow measures the amount of capital inflows over capital outflows. The CMF was still positive as the indicator was above the half-line. However, there was a downtick indicating that over the next trading sessions the indicator would turn negative. Related Reading: Why The Bitcoin Price Might Stay At $19,000 Until November Featured Image From UnSplash, Charts From TradingView
A crypto bill that industry advocates previously said would “kill DeFi” has seen an updated draft released online with one commentator saying the U.S. is “finally getting their act together.”