In the last three months we have seen bitcoin and other crypto's take a huge drop in value but at the same time r/CryptoCurrency has dropped by 36.6% in participation. I know the big joke on the sub used to be that we had so many unnecessary post and moon farmers posting comments like "ALGO"…
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I won a nice amount of ETH from a Survey my friend introduced me to months ago. He won a tiny bit in the past that influenced me to try it. it’s already been sent to my CB Account. My anxiety has risen because now I think it’s time I get a wallet, any recommendations?…
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JPMorgan is officially the first major bank in the Metaverse, having opened a virtual lounge in blockchain-based Decentraland in an effort to capitalise on a “$1 Trillion” market opportunity.
Bitcoin attempted a move towards $45,000 but failed against the US Dollar. BTC is correcting lower, but dips might be limited below $42,800. Bitcoin extended increase above $44,000 before it faced sellers. The price is trading above $43,500 and the 100 hourly simple moving average. There was a break below a short-term rising channel with support near $44,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could drop to $43,000 or $42,800, where the bulls might take a stand. Bitcoin Price Faces Resistance Bitcoin price remained supported and extended increase above the $44,000 level. BTC even cleared the $44,500 resistance and settled above the 100 hourly simple moving average. However, there was no test of the $45,000 resistance zone. A high was formed near $44,770 before the price started a downside correction. There was a break below the $44,500 support zone. Besides, there was a break below a short-term rising channel with support near $44,200 on the hourly chart of the BTC/USD pair. Bitcoin is trading just below the 23.6% Fib retracement level of the upward move from the $41,573 swing low to $44,770 high. On the upside, the price might face resistance near the broken channel support at $44,200. Source: BTCUSD on TradingView.com The first major resistance is near the $44,500 level. A clear move above the $44,500 resistance zone might send the price further higher. The next major resistance is near $45,000, above which the price might rise towards the $45,500 resistance level. Dips Limited in BTC? If bitcoin fails to continue higher above the $44,500 resistance zone, it could start a downside correction. An immediate support on the downside is near the $43,800 zone. The next major support is seen near the $43,150 level. It is near the 50% Fib retracement level of the upward move from the $41,573 swing low to $44,770 high. If there is a downside break below the $43,850 support zone, the price might struggle. The next support sits near $42,800 or the 100 hourly SMA, below which there is a risk of a sharp decline in the near term. 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 still above the 50 level. Major Support Levels – $43,800, followed by $43,150. Major Resistance Levels – $44,200, $44,500 and $45,500.
The U.S. Securities and Exchange Commission (SEC) has warned investors about the “risks with accounts that pay interest on crypto-asset deposits.” The warning coincides with the first enforcement action the agency took against crypto lending platforms. SEC Warns About Risks in Interest-Bearing Crypto Accounts The U.S. Securities and Exchange Commission’s Office of Investor Education and […]
I got this offer from American Express today. I could deposit $25,000 into a high yield savings account and get a $200 bonus (0.8% bonus). The high yield savings has a “new higher rate” is a 0.5% APY. It’s actually comical and I literally laughed out loud when I read the email. I don’t even…
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Animoca is entering the Japanese market with a new subsidiary aimed at Japanese IP while Rarible NFT offerings will be available as part of a new VR experience.
Hi guys Quick question about ETH block indexing logic Been doing some tests trying to figure out the fastest way to get an ETH tx minted and haven't been able to find conclusive results yet . I am using ethers library to build and sign txs and have noticed whenever I try to build a…
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Just wondering if one is considered more it less secure than the other. Thanks. submitted by /u/IAMAdot2 [link] [comments]
submitted by /u/Healthy_Story_6353 [link] [comments]
