Netscape creator says Web3 really is like the rise of the early internet
Billionaire tech entrepreneur Marc Andreessen says that the current proliferation of Web3 and blockchain technology looks just like the internet in the late 1990s.
Billionaire tech entrepreneur Marc Andreessen says that the current proliferation of Web3 and blockchain technology looks just like the internet in the late 1990s.
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Ethereum gained bearish momentum after it broke the $1,920 support against the US Dollar. ETH might extend losses if it breaks the $1,760 support. Ethereum started a fresh decline after it broke the $1,920 support. The price is now trading below $1,900 and the 100 hourly simple moving average. There was a break below a major contracting triangle with support near $1,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair tested the $1,760 support and remains at a risk of more losses. Ethereum Price Reverses Gains Ethereum failed to clear the $2,000 resistance zone. There was a sharp bearish reaction below the $1,950 and $1,920 support levels. There was a break below a major contracting triangle with support near $1,900 on the hourly chart of ETH/USD. The bears pushed the price below the 61.8% Fib retracement level of the upward move from the $1,705 swing low to $2,015 high. Ether price declined below the $1,840 support and even dived below $1,800. It tested the next major support at $1,760. It is now correcting gains and trading above $1,800. The price is also trading near the 23.6% Fib retracement level of the recent decline from the $2,015 swing high to $1,762 low. On the upside, an initial resistance is near the $1,835 level. The next major resistance is near the $1,888 level and the 100 hourly simple moving average. It is near the 50% Fib retracement level of the recent decline from the $2,015 swing high to $1,762 low. Source: ETHUSD on TradingView.com A clear move above the $1,888 level might push the price towards the main resistance at $1,920. Any more gains may perhaps send it towards the $2,000 resistance zone. More Losses in ETH? If ethereum fails to recover above the $1,888 resistance, it could extend its decline. An initial support on the downside is near the $1,785 zone. The next major support is near the $1,760 level. A downside break below the $1,760 level might send the price towards $1,720. Any more losses could initiate a move towards the $1,650 level in the near term, where the bulls might emerge. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 40 level. Major Support Level – $1,760 Major Resistance Level – $1,888
Colombian soccer superstar James David Rodríguez Rubio has announced his partnership with ZKSpace to launch the James Rodríguez Commemorative Edition NFTs, Zurda (left foot in Spanish), with the presale scheduled for June 15th, 2022. The 1,500 unique pieces are currently the only digital art collections available featuring key highlights from his illustrious career spanning three […]
For years, traditional financial institutions in different parts of the world have been attempting to narrow the financial exclusion gap by extending their services to the unbanked population. Yet for many reasons, these institutions still cannot avail their products and services to everyone that needs them. Regulatory Hurdles While there are several reasons cited for […]
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I did a wallet to wallet transfer and it’s been 10 hours. Still not done. Etherscan says 2655 block confirmations. It’s moving but really slowly. submitted by /u/Ok_Priority_8609 [link] [comments]
Nearly 3,000 Chipotle restaurants across the U.S. will accept 98 cryptocurrencies as the Mexican-style fast food chain partners with Flexa to support crypto payments.
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