We in the crypto community do not want nor require your regulatory “protection”. Your statement on CNBC this morning that the crypto space cannot survive without a robust “consumer protection regime” is belied by the reality that it has become a $2T asset class precisely because government vultures like you haven’t come to “protect” us.…
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While attention focuses on $100,000, few remember that BTC/USD has now been in five figures for over 365 days.
Hi, what's the easiest way of using your hardware wallet you have locally and exploiting a remote geth node you administer or you know it's safe? THanks submitted by /u/ilpirata79 [link] [comments]
Why do classic NFTs from 2017 continue to trade for high prices, and will new projects be as successful, even if NFTs lose value over time?
submitted by /u/stayblessedtv [link] [comments]
Hi all, is there any way I can purchase L2 ETH from an exchange or swap it from an ETH-like chain (BNB, MATIC, etc.)? I wanna mess around with L2 a bit but don't really want to pay $50 in fees to move a fraction of that. If anyone has any solutions I'd love to…
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Today, the talk across the crypto market is that Bitcoin price is forming a Golden Cross – a potentially bullish signal according to conventional knowledge. But this is the cryptocurrency market, and anything is possible given the potential for sudden, sweeping regulation, hacks, or worse. With the Golden Cross now here, we are looking back at the history of the signal, and breaking down exactly what it means and how this could impact Bitcoin price action in the days ahead. Bitcoin Price Forms Eighth Ever Golden Cross Forget the digital gold narrative. All across crypto Twitter, online forums, and anywhere else cryptocurrency community chatter exists, the discussion is centered around the Golden Cross that’s forming on the BTCUSD trading pair. According to Investopedia, a Golden Cross “occurs when a short-term moving average crosses over a major long-term moving average to the upside.” It is “interpreted by analysts and traders as signaling a definitive upward turn in a market,” the description continues. Specifically, this Golden Cross refers to the 50-day moving average crossing above the 200-day moving average. Related Reading | Bitcoin Price “Pitchfork Channel” Could Pin-Point The Last Dip Ever Because this could be the definitive upswing in Bitcoin price that takes the cryptocurrency to its potential cycle peak, all eyes are on the signal. But not everyone knows what to look for, or what it means. In the chart below, the inverse signal – the Death Cross – failed to produce the expected results, so there is no telling if the bullish version confirms either. Looking back at the history of the two signals, the situation becomes even more mixed. The Golden Cross is here | Source: BTCUSD on TradingView.com Everything You Need To Know About The Bullish Signal The leading cryptocurrency by market cap has had eight Golden Crosses and seven Death Crosses in its short history, according to the Bitstamp chart. The Golden Cross to start the 2013 bull market only ever Death Crossed when a bear market finally began, but not before a quick Golden Cross/Death Cross fake out. After the cryptocurrency bottomed in 2015, another fake out situation where the cryptocurrency Golden Crossed, then Death Crossed, then Golden Crossed again. The last signal brought Bitcoin from under $500 to $20,000. A Death Cross also started the 2018 bear market, until a Golden Cross took the cryptocurrency out from bear market lows. Could this be the last bullish signal before the peak is in? | Source: BTCUSD on TradingView.com In late 2019 and into early 2020, consolidation resulted in more mixed signals. It started with a Death Cross in October 2019, then, like the 2017 bull run, a Golden Cross faked out into a Death Cross, only to then Golden Cross again and take Bitcoin from $4,000 to $65,000. After such a move, it isn’t surprising to see why investors might be skeptical of another Golden Cross yielding similar results. After the recent local top at $65,000, Bitcoin formed another Death Cross, but it didn’t produce much downside. With a Golden Cross back, the market is now nervous of another fake out type situation, but also fearful of missing out on potential upside. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course In the past, Bitcoin has been the underdog, climbing its way to the top any way it could against all odds. Today, things are very different, and more sophisticated investors are now involved – including institutions, corporations, hedge funds, and more. With smart money finally involved in the crypto space, following a traditional market all-in signal like the Golden Cross could be the more wise play. Will the Bitcoin golden cross ultimately be… — NEWSBTC (@newsbtc) September 15, 2021 Follow @TonySpilotroBTC on Twitter or via the TonyTradesBTC Telegram. Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com
Umbrella Network, a layer-2 oracle solution, announced today a partnership with IX Swap, a platform that offers automated market-making and liquidity pools for security tokens and tokenized stocks. Under the partnership, Umbrella Network’s decentralized oracles will provide real-world asset data to IX Swap’s liquidity pools and AMMs. This may include stock prices, S&P 500 indices,…
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Greetings you glorious crypto enthusiasts! Regardless of if you are a bitcoin maxi or a ICP spaz, can't we all agree that having our own social token is super cool? I talk of course of our beloved Moon. Another Moonth has come and gone, and the community has split a pool of nearly 1.7M moons,…
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The Original DeFi Meme Token – HOGE has joined forces with the DeFi Angels to give their project a voice on Capitol Hill as the regulation conversation heats up. It’s no secret that American based blockchain crypto companies are fighting the infrastructure bill in D.C. This bill could create big change in the world of […]
