So one of the FUD things that is used against us is how everything will lose complete value one day. Here is the problem with that statement. EVERYTHING will die one day. There is no single country, company, stock, bond, crypto, or anything that will stay around until the end of time. The point of…
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Why people cant realize that the only thing in the way of mass adoption is Defi? A vast majority of crypto holders uses exchanges with KYC…people really dont give a FUCK about the whole Defi concept. Why keep this BS? Why not focus on regulation and mass adoption, 2 things that will IMPLODE all credit…
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Just wondering how do we update RVN Core to the newest wallet version? Do we just download the newest relative zip folder and copy some files over from the old folder or do I have to re-input my wallet address? Never done it before, it is telling me a new version of RVN Core is…
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Hi Reddit, We are Jackson, Tyler, James, Sam and Ben from Cookbook.dev. And today we want to share about what we have been working on. We want to make it easy for anyone to build in Web3. You can think of us as Canva for Smart Contract development. submitted by /u/PnkFluffyUnicorn [link] …
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Shark Tank star Kevin O’Leary, aka Mr. Wonderful, expects the price of bitcoin to go up when the Stablecoin Transparency Act passes, which he believes could be soon after the November midterm elections. O’Leary emphasized that crypto cannot be stopped, stating: “You either join the wave or get lost.” ‘Regulations Come, Bitcoin Goes Up’ Shark […]
The FTX founder said a knowledge test for derivative retail customers “could make sense” but it doesn’t need to be specific to crypto.
Bitcoin price struggled to clear the $20,000 resistance zone against the US Dollar. BTC might decline, but there is a key support waiting near the $18,900 zone. Bitcoin failed to gain momentum for a move above the $20,000 resistance zone. The price is trading below $19,400 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $19,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could move down further to test the $18,900 support zone in the near term. Bitcoin Price Trims Gains Bitcoin price attempted a decent increase above the $19,500 resistance zone. BTC even climbed above the $19,800 level, but the bears were active near the $20,000 resistance zone. The price traded as high as $19,939 before there was a fresh decline. There was a drop below the $19,500 and $19,400 levels. The bears even pushed the price below the 50% Fib retracement level of the upward move from the $18,271 swing low to $19,939 high. Bitcoin price is now trading below $19,400 and the 100 hourly simple moving average. There is also a key bearish trend line forming with resistance near $19,250 on the hourly chart of the BTC/USD pair. On the upside, an immediate resistance is near the $19,220 level. The first major resistance sits near the $19,250 level and the trend line. A clear move above the trend line resistance might pump the price towards the $19,500 resistance zone. Source: BTCUSD on TradingView.com The main resistance is still near the $20,000 zone. Any more gains might start a steady increase towards the $21,200 resistance zone. Dips Limited in BTC? If bitcoin fails to rise above the $19,250 resistance zone, it could continue to move down. An immediate support on the downside is near the $19,000 zone. The next major support is near the $18,900 zone. It is near the 61.8% Fib retracement level of the upward move from the $18,271 swing low to $19,939 high. A downside break below the $18,900 support zone might increase selling pressure. In the stated case, the price could decline towards the $18,500 support zone. 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 near the 50 level. Major Support Levels – $19,000, followed by $18,900. Major Resistance Levels – $19,250, $19,500 and $20,000.
According to the Japan Government, a common mode of attack for the Lazarus Group was phishing, who are believed to have focused more on crypto funds lately because they’re “managed more loosely.”
Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive financial crisis and severe recession” as stocks, bonds, and real estate crash. In the second outcome, “the world will run away from the dollar,” the economist stressed. Peter […]
As I always do, this is my update of the stats here in Venezuela (Venezuelan living here). Nothing excitng this week, 1 BTC less than last week. So monthly average is around 120 BTC. These stats are only for LocalBitcoin (because they make them public), other exchanges are Binance, Airtm and Reserve. Binance is king…
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