Category: Cryptocurrency News

Following the delisting of the Sad Frogs District NFT project from OpenSea, the Sad Frog’s team has filed a counter DMCA to the NFT marketplace.

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The Shenzhen office of the People’s Bank of China (PBOC) has reportedly set out to correct the business activities of about a dozen companies allegedly engaged in cryptocurrency transactions. According to Chinese media, the entities have been targeted in a crackdown on crypto trading in the city. People’s Bank of China Cracks Down on Coin […]

General counsel to Compound Labs, Jake Chervinsky, has warned that the Treasury Department wants to “capture” the DeFi sector through the crypto provisions added to the infrastructure bill.

Bitcoin price failed to stay above the key $45,000 support zone against the US Dollar. BTC is showing a few bearish signs and it could correct lower to $40k. Bitcoin extended its decline below the $45,500 and $45,000 support levels. The price is now trading below $46,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $45,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could recover losses, but upsides might be limited above $45,500. Bitcoin Price Dips Further Bitcoin price started a fresh decline after it failed to clear the $48,000 resistance zone. BTC broke the $46,500 support zone to move into a short-term bearish zone. It is consolidating above $45,500 for some time, but the bears finally took control. As a result, there was a push below the $45,000 support and the 100 hourly simple moving average. Bitcoin even spiked below $44,500 and traded as low as $44,258. It is now consolidating losses above the $44,500 level. There was a break above the 23.6% Fib retracement level of the recent decline from the $47,203 swing high to $44,258 low. On the upside, an immediate resistance is near the $45,000 level. The first key resistance is near the $45,700 level (the recent breakdown zone). There is also a key bearish trend line forming with resistance near $45,800 on the hourly chart of the BTC/USD pair. Source: BTCUSD on TradingView.com The trend line coincides with the 50% Fib retracement level of the recent decline from the $47,203 swing high to $44,258 low. If bitcoin clears the $45,700 and $45,800 resistance levels, it could recover towards the $47,000 level in the near term. More Losses in BTC? If bitcoin fails to climb above the $45,700 and $45,800 resistance levels, it could extend its decline. An initial support on the downside is near the $44,500 level. The first major support is now near the $44,200 zone. The next main support is now near the $43,800 level. If the price fails to stay above the $43,800 support, it could move down towards the $40,000 support level. Technical indicators: Hourly MACD – The MACD is losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 40 level. Major Support Levels – $44,500, followed by $43,800. Major Resistance Levels – $45,700, $45,800 and $47,000.

Hi! Don't PM me. I would like to know if is it worth to make the Eth 2.0 stake on Binance? If no, why? It says I can't move my BETHs (ETH2), but it appears on my Spot wallet. Is it really locked? What better options would you recommend? I have less than 1 ETH…
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The security researcher found a flaw in a dutch auction smart contract that could have resulted in the loss of 109,000 ETH.