The fight on crypto continues: Politicians who are invested in crypto cannot write crypto related policies. This would actually be a good thing, if the rules applied everywhere, including stocks, WHICH IT DOESNT!! To this date politicians can still trade stocks…. I wonder how this affects the recently proposed bills by Lumnis and others. …
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So, with the current bear market I was given the opportunity to purchase a good sum of ETH. However, my bank (Chase) no longer allows/supports crypto purchases. Am I screwed or is there another way that I’m ignorant to? Thanks again. submitted by /u/The-Zesty-Man [link] [comments]
Plaintiffs claim that Solana’s SOL token is a centralized security with insiders profiting immensely while retail traders got rekt.
The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market.
KeyFi Inc.’s complaint alleges that Celsius failed to honor a multi-million dollar profit sharing agreement after deploying numerous successful staking and DeFi strategies for the firm.
I understand why people have different opinions on whether crypto is a good or bad thing. What I’m struggling to understand is the certainty around any future predictions. I’m genuinely not trying to trigger anyone, spread FUD or be an asshole, I just really want to understand how this works. So I have two questions:…
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Bitcoin surged nearly 10% and broke the $22,000 resistance zone against the US Dollar. BTC could correct lower, but the bulls might be active near $21,250. Bitcoin jumped and broke a major hurdle near the $22,000 zone. The price is now trading above the $21,500 level and the 100 hourly simple moving average. There was a break above a key rising channel with resistance near $21,125 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower, but the bulls might be able to protect the $21,250 support. Bitcoin Price Starts Fresh Surge Bitcoin price formed a base above the $20,000 level. BTC started a strong increase by clearing the $20,500 and $20,800 resistance levels. There was a sharp increase and the price climbed above the $21,500 level. It even broke the $22,000 hurdle and settled above the 100 hourly simple moving average. A high is formed near $22,498 and the price is now consolidating gains. It is trading well above the 23.6% Fib retracement level of the recent increase from the $19,750 swing low to $22,498 high. On the upside, the price is facing resistance near the $22,450 and $22,500 levels. Source: BTCUSD on TradingView.com The next key resistance is near the $22,800 zone. A close above the $22,800 resistance zone could set the pace for a test of the $23,200 level. Any more gains might open the doors for an increase towards the $24,000 level. The next major resistance sits near the $25,000 level. Dips Supported in BTC? If bitcoin fails to clear the $22,500 resistance zone, it could start a downside correction. An immediate support on the downside is near the $21,850 level. The next major support now sits near the $21,250 level or the broken channel trend line zone. It is near the 50% Fib retracement level of the recent increase from the $19,750 swing low to $22,498 high. A close below the $21,250 support zone could push the price to $20,500. In the stated case, there is a risk of a move towards the $20,000 level. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now in the overbought zone. Major Support Levels – $21,850, followed by $21,250. Major Resistance Levels – $22,500, $22,800 and $23,200.
Marathon had a particularly rough production month in June after 75% of its fleet went down. It’s still uncertain when its mining facilities will be able to come back online.
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). U.S. and South Korea to Share Data on Crypto Investigations South Korea’s Justice Minister Han Dong-hoon met with U.S. […]
