Sentiment is a difficult thing to judge. People may seem negative about crypto now, but I think most of us would agree that we are still bullish on crypto in general for the mid to long term future. While this is not the worst time to buy, there will probably be a years long period…
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As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down to $0.985 per unit against tether (USDT), and the stablecoin’s price drop invoked a great deal of speculation concerning UST losing […]
Coinhako, an Asia-Pacific-based crypto exchange company, today announced that it has been granted the Monetary Authority of Singapore’s (MAS) official approval for a Major Payment Institution (MPI) license. Securing this MPI license means that Conhako will be able to legally operate as regulated providers of Digital Payment Token (DPT) Services under the Payment Services Act…
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Sup fam, I see so much fear and doubt regarding this huge sell off/bear market we are entering, but people really need to understand that THIS is the real profit area. For someone who has been around since 2016 and saw the bear market from 2018-2020 I can tell you to stop panicking and calm…
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Maybe not the right place to ask this, but is ethsign.xyz website down? It doesn't open up for me? Any idea what happened? submitted by /u/pheonix10yson [link] [comments]
According to Mark Zuckerberg, Meta was planning to “bring similar functionality to Facebook soon” and working on “augmented reality NFTs” for Instagram as well.
submitted by /u/bmowaq [link] [comments]
I have the old RSR token in MEW. I added the new custom token on there but it wont let me send it out. I saw a video that explained that i had to delete the old RSR token but dont have that option. Anyone know how to go about transferring it out of it?…
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Bitcoin price had a treacherous weekend, capping off what has been nearly a 20% loss since the Fed meeting last week. The selloff has now taken the top cryptocurrency by market cap to the lowest point all year, setting a significant lower low for the first time in 2022. With BTCUSD at $33,000 per coin, will higher timeframe monthly support hold? Bitcoin Price Sets 2022 Lower Low: Where Is The Bottom? Bitcoin price is down 32% from April 2022 highs, and has shed 50% from its 2021 peak. The last year plus has been a rollercoaster of a ride for crypto investors, setting not one, but two separate higher highs above $60,000. Related Reading | One Coin, Two Trades: Why Bitcoin Futures And Spot Signals Don’t Match Up Since the November EFT-driven double-top, the continued downtrend has taken BTCUSD to a lower low in 2022 and puts the 2021 low set around $29,800 at risk. Bitcoin has touched the lowest price yet in all of 2022. | Source: BTCUSD on TradingView.com How Deep Does This Go? Will Monthly Support At $33,000 Hold? Lower lows and lower highs are a sign of a confirmed downtrend on timeframes between daily and weekly. Trends can differ on multiple timeframes, so not all hope is lost. Related Reading | Time Vs Price: Why This Bitcoin Correction Was The Most Painful Yet Currently, the bull market structure on monthly timeframes remains intact. If BTCUSD can stay above the monthly resistance block, a double bottom could form and put in a higher low. Monthly support is now being retested and must hold or a larger plunge still waits. | Source: BTCUSD on TradingView.com Bitcoin has taken a beating over the course of the last year due to a tight correlation with tech stocks, soaring inflation, and rising Fed interest rates. The Crypto Fear & Greed Index has reached extreme fear and sentiment is the most bearish in recent memory. Although the outlook is bleak, some of the most well-known and successful investors ever advocate buying when others are in fear. Is now that time? Follow @TonySpilotroBTC on Twitter or join the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com
Shiba Inu developer promises a bright future with an upcoming NFT gaming project, but SHIB price continues to fall.
