Koinly is a leading a cryptocurrency tax calculator and portfolio tracker for traders, investors and accountants. There are many features that make it stand out from the competition, and this article will present five key reasons why Koinly is actually the best crypto tax software in the world today. These include a wide range of […]
Russia's government has attempted to peg Ruble's value to gold. It has not yet announced that Ruble is backed by gold, but the Russian central bank has said it will exchange ruble with gold and vice versa for a fixed rate. This has resulted in Ruble's value stabilising, and is now above the levels before…
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Do kwon told Laura Shin on her Unchained podcast that he is betting on the long term growth of BTC price and isn’t worried about short term volatility.
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion. BNY Mellon to Become USDC’s Primary Custodian Circle has chosen America’s oldest investment bank to custody the […]
“Not quite ready” — MicroStrategy CEO Michael Saylor said that traditional financial markets aren’t prepared for bonds backed by Bitcoin.
I've read that London upgrade does an implementation that sometimes the block size could increase from 15 to 30 millions gas. Does it also increase the time to the block be completed? Also another question, does that upgrade tend to make transactions cheaper? Given that with a larger block size it could mean more transactions…
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Bitcoin failed to stay above the $46,000 support against the US Dollar. BTC is sliding and might even test the $43,200 support zone. Bitcoin is down over 4% and there was a move below the $46,000 support. The price is trading below $45,500 and the 100 hourly simple moving average. There was a break below a key breakout pattern with support near $46,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend decline and test the $43,200 support zone in the near term. Bitcoin Price Dips Below Support Bitcoin price started a key decline after it struggled to stay above $46,500 and $46,400. BTC declined below the $46,000 support to move into a short-term bearish zone. There was a clear move below the 50% Fib retracement level of the upward wave from the $44,470 swing low $48,200 high. The bears were able to push the price below the $45,500 support and the 100 hourly simple moving average. Besides, there was a break below a key breakout pattern with support near $46,800 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below the 76.4% Fib retracement level of the upward wave from the $44,470 swing low $48,200 high. Source: BTCUSD on TradingView.com An immediate support on the downside is near the $44,450 level. The next major support is seen near the $44,000 level. The main support now sits near the $43,320 level. It is near the 1.236 Fib extension level of the upward wave from the $44,470 swing low $48,200 high. A downside break below the $43,320 support zone could send the price to $42,000 in the near term. Upsides Capped in BTC? If bitcoin remains stable above the $44,450 support level, it could attempt an upside correction. An immediate resistance on the upside is near the $45,500 level. The next major resistance is near the $45,800 level. The key hurdle is now forming near the $46,350 level (the previous breakdown zone), above which the price might rise steadily. In the stated case, it could test the $47,200 level and the 100 hourly simple moving average. Technical indicators: Hourly MACD – The MACD is slowly gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now in the oversold region. Major Support Levels – $44,450, followed by $43,320. Major Resistance Levels – $45,500, $45,800 and $46,350.
F*CK YOU! In every instance, these changes were essentially snuck in and catch many of us off guard. If discussion were ever a genuine consideration, this would have been done BEFORE voting on it became a thing! So, I shall say this (mostly to vent): History will remember and the internet will never forget. So,…
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“Imagine if the EU required your bank to report you to the authorities every time you paid your rent merely because the transaction was over 1,000 euros,” said Coinbase CEO Brian Armstrong.