Category: Cryptocurrency News

Bitcoin remained in a bearish zone below $39,000 against the US Dollar. BTC could recover only if it manages to clear the $40,000 resistance zone. Bitcoin is showing bearish signs below the $39,000 and $40,000 resistance levels. The price is trading below $39,000 and the 100 hourly simple moving average. There is a key triangle pattern forming with resistance near $39,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start a recovery wave if there is a clear move above $39,000 and $40,000. Bitcoin Price Remains in a Bearish Zone Bitcoin price settled below the $40,000 pivot level and the 100 hourly simple moving average. BTC even broke the $38,000 support level and traded as low as $37,159. The bulls managed to protect the $37,000 support zone. It is now recovering losses and trading above $37,500. There was a move above the $38,000 resistance zone. The price is now testing the 50% Fib retracement level of the recent decline from the $39,545 swing high to $37,159 low. On the upside, bitcoin price might face resistance near the $38,800 level. It is close to the 61.8% Fib retracement level of the recent decline from the $39,545 swing high to $37,159 low. Source: BTCUSD on TradingView.com There is also a key triangle pattern forming with resistance near $39,000 on the hourly chart of the BTC/USD pair. The next major resistance is near the $39,200 level and the 100 hourly simple moving average. A clear move above the $39,200 level might open the doors for a test of $40,000. A close above $40,000 could set the pace for more upsides in the near term. More Losses in BTC? If bitcoin fails to clear the $39,200 resistance zone, it could continue to move down. An immediate support on the downside is near the $38,000 zone. The next major support is seen near the $37,200 level. If there is a downside break below the $37,200 support, the price might start another decline. In the stated case, there is a risk of a move towards the $35,500 level. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 50 level. Major Support Levels – $38,000, followed by $37,200. Major Resistance Levels – $38,800, $39,200 and $40,000.

Apple co-founder Steve Wozniak says Bitcoin is “the only one that’s pure-gold mathematics.” He is skeptical of most other cryptocurrencies. In addition, Wozniak is a fan of the metaverse but is less enthusiastic about non-fungible tokens (NFTs). Apple’s Steve Wozniak Praises Bitcoin Apple co-founder Steve Wozniak talked about cryptocurrency in an interview with the Insider, […]

Hi All 👋 My name is Brandon. I'm a co-founder of a project in the blockchain space. The project is a DeFi staking platform, with NFT integration, which directly supports Non-profit Endangered Species + Climate Conservation. We are seeking 1-2 highly motivated, and experienced individuals who wish to come join our team as a full-time…
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I sended some funds from metamask -> loopring layer 2 wallet and I immidiatly wanted to test the layer protocol. Ive seen videos of people withdraw the funds the way I did it by just clicking on withdraw and imput your wallet adress. But why is it that my withdraw made a contract worth of…
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There have been more outflows than inflows to most exchanges except Binance, FTX, Bittrex, and Bitfinex since last July, suggesting sellers may be exhausted according to Glassnode.

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

Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says that “what is happening with the U.S. dollar now is the end of the U.S. dollar.” He explained that “an international currency is supposed to be neutral but in Washington, they are now changing the rules,” emphasizing, “Washington does not […]

Ok you all warned me. All your snarky RIP UR TAXES LULZ comments are haunting me now. I've tried almost every tax calculator I can find. Koinly, crypto tax calculator, bittax, accointing, and a few more. They do a great job if your simple. But heaven forbid you played with any bots! If so, you're…
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Has anyone here used a crypto based sports betting site before? If so which ones did you like and which ones should be avoided? Looking to use my ethereum to do some gambling submitted by /u/colbster96 [link] [comments]

I've been in the crypto space for years now, with minimal friction between my banking services and making deposits to CEXs. Although Coinbase, Gemini, Kraken, and Kucoin still work great, Chase is now declining purchases made with all of my cards at CDC. When speaking with a representative, she repeated the same line, "We advise…
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