Category: Cryptocurrency News

So, I have found a new token that was launched 7 hrs ago. – The name of the token is a multi million name brand but there is NOTHING on the internet about it. First minus! – There is no information and links on the etherscan. 2nd minus. – I bought some but cannot sell…
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Binance has received in-principle approval from the Central Bank of Bahrain to operate a cryptocurrency service provider in the country. The license is part of Binance’s “plans to become a fully-regulated centralized cryptocurrency exchange,” the crypto exchange detailed. Binance Receives In-Principle Approval in Bahrain Crypto exchange Binance announced Monday that it has “received in-principle approval […]

I have been in crypto since the beginning of 2021. I'm aware this is not a very long time so I thought instead of giving investment advice, I would share how I earn and buy crypto. As we all know, college isn't cheap and I use many popular methods among this sub to earn and…
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Upon adding ETH to Polygon the transaction successfully completed but after clicking “sign” I received “Oops, you or the counterparty have recently transferred something, and we're not up-to-date yet. Refresh your balances in the wallet sidebar and try again.” and then the page refreshed losing the transaction menu. So… I paid Gas and the ETH…
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submitted by /u/xFellowHumanBeingx [link] [comments]

Bitcoin failed to clear the $52,000 resistance zone against the US Dollar. BTC is started a major decline and traded below the $50,000 support. Bitcoin made two attempts to clear the $51,800-$52,000 resistance zone but failed. The price is trading below $50,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $51,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is declining and could even dive below the $49,500 support zone in the near term. Bitcoin Price Forms Bearish Pattern Bitcoin price made another attempt to clear the $51,800 resistance zone. BTC spiked towards the $52,000 zone, where the bears took a stand. It seems like there is a double top pattern forming near $52,000. A high was formed near $52,111 and the price started a fresh decline. There was a break below the $51,200 and $50,500 support levels. There was also a break below a key bullish trend line with support near $51,200 on the hourly chart of the BTC/USD pair. The pair traded below the 50% Fib retracement level of the upward move from the $49,477 swing low to $52,111 high. Bitcoin is now trading below $50,000 and the 100 hourly simple moving average. It is also trading below the 76.4% Fib retracement level of the upward move from the $49,477 swing low to $52,111 high. An immediate support is near the $49,500 zone. The first major support is near $49,000. Source: BTCUSD on TradingView.com A downside break below the $49,000 level could push the price towards the $48,800 support. Any more losses may possibly push the price towards the $47,500 support zone. Recovery In BTC? If bitcoin manages to stay above the $49,500 support zone, it could start a decent increase. An immediate resistance on the upside is near the $50,000 level. The next key resistance could be $50,800 and the 100 hourly SMA. A clear move above the $50,800 resistance zone could start a fresh increase. The next major stop for the bulls may possibly be near the $51,800 level. 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 well below the 50 level. Major Support Levels – $49,500, followed by $47,500. Major Resistance Levels – $50,000, $50,800 and $51,800.

submitted by /u/LuckyHash- [link] [comments]