Tae Kwon Do exposed as co-founder of previously failed stablecoin project
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submitted by /u/lilgreg1 [link] [comments]
Shares in the popular online brokerage Robinhood have spiked over 30% in after hours trading following billionaire Sam Bankman-Fried acquiring a 7.6% stake in the company.
Ruja Ignatova, mastermind of the notorious pyramid Onecoin, is now one of Europe’s most wanted fugitives. Also known as the “Crypto Queen,” she disappeared almost five years ago, after the Ponzi scheme she led collected billions of dollars from defrauded investors around the world. Europol Seeks Information on Onecoin Inventor’s Whereabouts The European Union Agency […]
Welcome to the Daily Discussion. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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Bitcoin dived towards the $25,000 support zone against the US Dollar. BTC is now recovering and might eye an upside break above the key $30,000 resistance zone. Bitcoin found support above $25,000 and started an upside correction. The price is still trading below $30,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $30,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $30,000 barrier to move into a positive zone and started a real recovery. Bitcoin Price Starts Recovery Bitcoin price remained in a bearish zone below the $30,000 support zone. BTC extended its decline and traded below the $28,000 level. There was a spike below the $26,000 level and the price traded to a new multi-month low at $25,332. A base was formed above $25,000 and the price started a fresh upward move. There was a clear move above the $26,500 and $27,500 resistance levels. The price climbed above the 50% Fib retracement level of the recent decline from the $32,130 swing high to $25,332 low. However, it is still trading below $30,000 and the 100 hourly simple moving average. There is also a major bearish trend line forming with resistance near $30,000 on the hourly chart of the BTC/USD pair. The next major resistance is near the $30,500 zone and the 100 hourly simple moving average. It is near the 76.4% Fib retracement level of the recent decline from the $32,130 swing high to $25,332 low. Source: BTCUSD on TradingView.com A clear move above the $30,000 and $30,500 resistance levels might start a fresh increase in the coming sessions. The next key resistance could be near the $31,500 level, above which the price might rise above $32,000. Fresh Decline in BTC? If bitcoin fails to clear the $30,000 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $28,800 level. The next major support is seen near the $27,650 level. A downside break and close below the $27,650 support might accelerate losses. The next major support could be $26,200, below which the bears might aim a move towards the $25,500 support zone. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $28,200, followed by $27,650. Major Resistance Levels – $30,000, $30,500 and $31,500.
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Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity Labs to attract new developers.
Cointelegraph spoke with security experts who shared tips on how to keep crypto safe after a slew of robberies in the UK successfully stole thousands worth of crypto from everyday holders.
Aave has been on a downtrend since April amidst intense volatility in the market. Major altcoins have extended losses owing to a major sell off all across the cryptocurrency industry. Over the past week, the coin presented lower lows and displayed intense selling pressure. The altcoin has also experienced high trading volumes which was tied with increased selling pressure. This has also added to the falling market value of the asset on the one day chart. Fall from the current price level would mean Aave could soon eye the support region of $50. Aave has been among the top losers in the industry with a loss of over 51% in the past one week. Aave Price Analysis: One Day Chart Aave was priced at $74.80 at the time of writing. The altcoin traded at this price level a year ago in January. The downtrend for Aave seems strong because the altcoin just broke below its long standing support line of over a year. Chances of a price reversal cannot be ruled out yet because the altcoin has broken below its descending trendline. Often after a sharp fall, prices make a turn around. In case of a price revival, Aave could target $111. Another fall from its present price level would make the altcoin trade near the $61 support line and then hover around the range of $50. As mentioned above, the trading volume rose and was seen in red signifying bearishness in the market. Technical Analysis Aave was in middle of a sharp sell-off, the coin hadn’t registered the same selling pressure in the last one year. This reading shows excessive bearish pressure in the market. On the Relative Strength Index, the indicator stood close to the 20-mark, this meant oversold condition for the coin. Aave last hovered at this point in the month of December 2020. Bollinger Bands that display volatility showed chances of volatility. The bands expanded which are an indication of increased price volatility. Related Reading | TA: Bitcoin Breaks $30K, Why This Could Turn Into Larger Downtrend Awesome Oscillator depicts the price momentum of the market. On the one day chart, the indicator was seen below the half-line. It displayed amplified red signal bars which was a sign of bearish price action. Only in the case of buyers resurfacing can Aave try to display recovery on charts. The chances of revival over the immediate trading sessions seem weak as strength from the broader market is required. Chaikin Money Flow displays capital outflows and inflows. On the chart, the indicator was seen below the half-line and it continued to move southbound as capital outflows exceeded capital inflows. Related Reading | Bitcoin Exchange Inflows Hit Three-Month High As Market Braces For More Downside Featured image from UnSplash, chart from TradingView.com
https://twitter.com/DooWanNam/status/1524915757938667521 The source article is in Korean, but here's the Google translation https://news-mt-co-kr.translate.goog/mtview.php?no=2022051308574726920&MT_T&_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp He needs to totally get himself and his family into a bunker, move out of the country, or something. He's ruined a lot of people's lives. Better yet, he should just turn himself into the police and get himself in jail. Sooner…
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