Billionaire Mike Novogratz says he is much more optimistic about the crypto market now than he was a month ago. He explained that bond sell-offs and increased crypto adoption have boosted the prices of cryptocurrencies, particularly bitcoin. “I think you are going to see the Democrats taking a softer stance,” he added. Mike Novogratz Expects […]
A new national survey in the US finds that the majority of Americans believe crypto will go on to revolutionize finance. Fifty-three percent of all respondents agreed that cryptocurrency is the “future of finance” with 68% of 25 to 34-year-olds and 61% of 35 to 44-year-olds subscribing to this view. The poll also finds that…
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Terra (LUNA) has secured an all-time high at $109 amidst its newest developments. Market sentiments also continue to remain positive in the past 24 hours, with Bitcoin trading close to $48k. LUNA happens to be one of Terra’s native tokens, Terra network helps create customised blockchains and decentralised applications on its network. Recently, Luna Foundation Group (LFG), a Singapore based non-profit organisation has purchased $3 Billion worth of Bitcoin which would act as an additional layer of security to Terra’s decentralised stablecoin, UST. Over the past week itself, Terra (LUNA) secured a hike of 12%, and over the last 24 hours, the coin broke past its resistance mark of $108. Terra Price Analysis: Four Hour Chart Terra (LUNA) was exchanging hands at $108.47 after securing an all-time high at $109 just 24 hours back. Immediate resistance for the coin stood at $110 and then at $112, respectively. In case of a pullback, the prices could fall to trade near $103, $100 and then at $95, respectively. Over the past month, the altcoin has given an 18% ROI. The trading volume of Terra (LUNA) was seen growing over the past trading sessions, its previous session was seen closing in green which signified bullish momentum in the market. It also signals that buyers exceeded sellers at the time of writing. Related Reading | Time To Be Fearful? Bitcoin Index Reaches Greediest Point Since Peak Technical Analysis LUNA has witnessed exponential growth over the past month and technicals continue to point towards bullishness in the market. It is not safe to say if, over the immediate trading sessions, LUNA would witness a correction. As the coin reached an all-time high, it displayed overbought tendencies as seen on the Relative Strength Index. At the time of writing, RSI came back from the 75-mark but was still hovering near the overvalued and overbought territory. This signalled a slight fall in buying pressure over the last few trading sessions, if the coin continues to witness the same kind of buying strength, it could again attempt to trade near the $109 and then $110 price mark. Chaikin Money Flow was also in accordance with the Relative Strength Index as capital inflows were quite high. An excess amount of capital inflows reflected bullishness in the charts. LUNA had been on a rise over the past week and a half and the price momentum continued to side with the bulls. On the MACD, which signifies the current price momentum LUNA underwent a bullish crossover in the last trading sessions. MACD also resonated with the other major indicators and continued to flash bullishness. After the bullish divergence, MACD had continued to display green histograms, however, at press time these green histograms were seen declining. It is however too early to say if LUNA would display a fall in prices going by MACD’s reading. Related Reading | Why VeChain May Run Out Of Fuel After 90% Rally
Your sitting in your bed watching charts having the occasional scratch and sniff of your balls or lower region , you look up and put the next big YouTube crypto plug on , as he shills his ultimate guaranteed big 2000x coin which you have to buy his course first to get access, a alert…
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Canadian oil and gas miner Bengal Energy, is set to begin its trial project of accessing formerly “stranded” gas wells with portable Bitcoin mining rigs.
Hey guys is it possible to mine Raven on 2Miners and zil on ezil? submitted by /u/GladPaleontologist81 [link] [comments]
The International Monetary Fund (IMF) says a lot more work needs to be done on crypto regulation. “We’ve certainly seen an increase in the use of cryptocurrencies before this war, and we’ve seen it happen more in emerging markets than in others,” said the deputy managing director of the IMF. IMF Chief Kristalina Georgieva Pushes […]
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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The Algofi Vault enables users to earn Algorand Foundation Governance Rewards while taking advantage of the Algofi Lending Protocol and earning Aeneas ALGO Rewards. As discussed in Algorand Governance, governors are eligible for governance rewards if their account: Maintains an ALGO balance at least equal to their commitment amount Votes on all proposals This is…
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